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1721-1740 of 1965
Market sentiment still weak. Typical months of May & June that you would see flooding of buy call from stock houses. This counter will XD (20cent) tomorrow. Guess the worst is not over yet.......Tempted to go in this morning. Let's see how's the price movement tomorrow.....What goes up will goes down eventually....
it was at 5.5 level 3 times this year, you should grab by then.
Sept11 ( Date: 06-May-2008 09:48) Posted:
| Capitaland down this morning. Is it wise to go in now? 6.97 a good deal?? Can anyone share his/her view??
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Still monitoring , 6.92 now.....
Capitaland down this morning. Is it wise to go in now? 6.97 a good deal?? Can anyone share his/her view??
I believe all methods are inaccurate in these times. People are buying and selling based on pure emotions.
ilovebull ( Date: 03-May-2008 20:14) Posted:
| like what some forumers mentioned, TA may not be that accurate in such volatile time. luckyl168 seems to be right in his prediction. Price went up by 30 cents instead of down - probably also due to nearing ex-divy date :) |
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This burger down leh, strange, as compare with other ppties arms like Citydev n Kepland. 25 Apr coy reported of its FY07 profit triple digit surged on higher portfolio gains and contribution from PRC projects. Moreover, there are bright sides at Abu Dhabi and Aussie as well.
Div 15 cts, XD 7 May. Your choice leow.
I am skeptical TA is of much value for the local bourse. It's too small and so levels are often set by some big price setters. Most of us are juz price takers.
stockseeker is right that we shld concentrate on the income from operations.
If farmers in OREC (Orgn for rice-exporting countries) get really rich in the next few years, they are likely to invest in properties rather than financial assets.
like what some forumers mentioned, TA may not be that accurate in such volatile time. luckyl168 seems to be right in his prediction. Price went up by 30 cents instead of down - probably also due to nearing ex-divy date :)
Underperform?
It's child's math here:
Q1-07 profits of 608.1 million, of which was partly contributed by a sale of 8 Shenton way for $426.8 million. Without the sale, it's profit margin is 181.3 million.
Q1-08 profits was 247.5 million, with no significant land/property sale.
Thus, by discounting 8 Shenton way's sale, the profit margin of 2008 is better than that of 2007 by 66.2 million. Thus shouldn't it be better?
'Only hear the good stuff'. :P
viruz7667 ( Date: 03-May-2008 15:16) Posted:
CapitaLand
May 2 close: S$7.09
CIMB-GK Research, May 2
CAPITALAND'S Q1 2008 core EPS of 7.5 cents formed 20 per cent of
our full-year forecast. We believe the results were below consensus
forecast. Q1 2008 saw revenue from the residential segment falling by 8
per cent y-o-y to $412 million, while revenue from commercial and
retail operations leapt 62 per cent and 67 per cent y-o-y respectively.
With the pace of completion of residential projects expected to pick
up, we expect stronger recognition in the next few quarters. CapitaLand
is also expected to launch several overseas projects this year.
We have lowered our FY2008-10 core EPS forecasts by 21-219 per cent
on less aggressive recognition assumptions in Singapore. On the other
hand, our end-2008 RNAV estimate and target price have been raised by 6
per cent to $6.86 to factor in higher market valuations for its listed
subsidiaries and higher fee income growth assumptions. Rich valuations
remain the main reason for our 'underperform' rating.
UNDERPERFORM
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CapitaLand
May 2 close: S$7.09
CIMB-GK Research, May 2
CAPITALAND'S Q1 2008 core EPS of 7.5 cents formed 20 per cent of
our full-year forecast. We believe the results were below consensus
forecast. Q1 2008 saw revenue from the residential segment falling by 8
per cent y-o-y to $412 million, while revenue from commercial and
retail operations leapt 62 per cent and 67 per cent y-o-y respectively.
With the pace of completion of residential projects expected to pick
up, we expect stronger recognition in the next few quarters. CapitaLand
is also expected to launch several overseas projects this year.
We have lowered our FY2008-10 core EPS forecasts by 21-219 per cent
on less aggressive recognition assumptions in Singapore. On the other
hand, our end-2008 RNAV estimate and target price have been raised by 6
per cent to $6.86 to factor in higher market valuations for its listed
subsidiaries and higher fee income growth assumptions. Rich valuations
remain the main reason for our 'underperform' rating.
UNDERPERFORM
Published May 3, 2008
CapitaLand CEO sits on paper gain of $2.86m from options
By
KALPANA RASHIWALA
CAPITALAND
Group president and CEO Liew Mun Leong is sitting on a handsome paper
gain of $2.86 million (based on yesterday's closing price for the
counter) after exercising options for a total of 600,000 CapitaLand
shares at an average $2.33 per share on April 30.
 |
| Mr Liew received $6.49m in pay last year, mostly in bonuses - more than the $5.14m he earned in 2006. |
The counter closed 30 cents higher yesterday at $7.09.
A filing by CapitaLand to Singapore Exchange yesterday evening gave a
breakdown of the exercise prices of the share options. Mr Liew
exercised options for 200,000 shares each at $1.02, $2.25 and $3.73
each. Following the exercise, his direct stake in the property giant
increased from about 1.832 million shares to 2.432 million shares, or a
0.086 per cent stake. His deemed interest in CapitaLand remains
unchanged at 158,000 shares.
Mr Liew received $6.49 million in
pay from the property developer last year, mostly in bonuses - more
than the $5.14 million he earned in 2006.
On top of the $6.49
million pay packet last year, Mr Liew was granted contingent share
awards of some 462,800 CapitaLand shares last year, based on
information in CapitaLand's latest annual report.
The actual
number of shares that Mr Liew receives from the share awards last year
will depend on his achieving 'pre-determined targets' over a period of
one to three years, according to CapitaLand.
If 'superior
targets' are met, Mr Liew could receive a maximum of 845,000 CapitaLand
shares - nearly twice the 'baseline' number of shares awarded. But if
he fails to meet the targets, no shares will be issued under the awards.
CapitaLand this week posted a 59.3 per cent year-on-year drop in Q1 net
profit to $247.5 million, from $608.1 million in Q1 2007 when the
bottom line had been boosted by a $426.8 million fair-value gain from
the sale of 8 Shenton Way.
No1 can expect a bumper revaluation surplus of S$1.1bn to recur for a long long time.
It's the ops that count. Any1 who had attended the AGM juz this week will go away impressed with the mgmt team.
the way I see it....3 options to choose from:
1. Buy
2. Sell
3. Don't do anything (well, spend your money on something else)
hehehehe
dun have to be so defensive.
everyone should form his/her own opinion. no one is always correct.
if wrong, just learn from the mistake & life goes on...
if right, be humble & teach others...
it is downside based on TA, I agree with Singaporegal.
_________________________________
http://www.freewebs.com/henryhts
When Singaporegal speaks, need to listen....
i disagreed leh
capitaland holding up surprising well, short term uptrend
as long as 6.40 support hold, no worry
TA signals show signs of bearishness. Acc/Dist and Chaikin charts are downtrending.
Is it good time to go in now?
