
It is a common phenomenon for high beta stock when BBs lock in some profit.
I am still buying up.
coming down again?
CHINHWEE ( Date: 26-Jun-2013 11:23) Posted:
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I am holding tight to it... LOL.
Richman ( Date: 24-Jun-2013 14:01) Posted:
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Look strong now
Another analyst report: 
The stock has been on the slide down over the past week. Volatility from the FED’s  QE3 tapering and worries about a liquidity crunch in  China weighed on the stock. While a minor bounce is  possible from yesterday’s close, technically the stock’s  immediate resistance is now seen at $3.04 (stronger at  $3.09). There is likely eventual downside bias  before reaching firmer support.   
30mins chart showing a double top/bottom formation. A break above will give $3.06.
OCBC believe recent PMI and interbank liquidity datapoints from China point to increasing macro uncertainties as authorities attempt to engineer a more sustainable albeit slower tempo of growth. This being so, see heightened downside risks for CAPL’s Chinese residential sales and rental outlooks.
In Singapore, increasing visibility of a QE exit scenario have moved bond yields to recent highs and a trend of rising mortgage rates would likely ensue from here. House judgment is that while rising rates alone are unlikely to trigger dramatic residential price downside, it would likely weigh on primary sales volumes ahead. House ower fair value estimate to $3.77 but maintain a BUY rating as consider CAPL shares to be likely oversold at this juncture at a 45% discount to RNAV. Note that 36% of CAPL’s value is constituted by its stake in listed CMA which has dipped only 8.2% YTD versus CAPL’s whopping 19.5% correction.
No risk, no gain.
Today it will go down more just a ripple effect of US market due to fear of China credit bubbles...
But,it is just " FEAR" not DANGER...
It is kind of funny, for ppl start this rumour,
does china bank really lend money out without checking the borrower's ability(like US bank does)?
anyway,ppl sit tight...drop a few more cents...possible..
but soon time for CHERRY PICK...CHERRY PICK PICK!!!
ya...really dropping quite a bit...
Dont trust the Analyst
SGX :  Capitaland |           | CAPITALAND LIMITED |
Last Price | Avg Target Price |     Upside/Downside | Price Call |
2.99 | 4.28    |     ![]() | ![]() |
*  Average Target Price, Price Call and Upside/Downside are derived from Price Targets in the past 6 months. |
**  Price Targets are adjusted for Bonus Issue, Shares Split & Shares Consolidation (where applicable). |
 
Octavia ( Date: 24-Jun-2013 15:41) Posted:
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china drop alot today, affect sti. 
just because overall market was bad...
pinksouffle ( Date: 24-Jun-2013 16:38) Posted:
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anyone knows why capitaland is dropping so much? sian...just bought at 3.04 today.
Take the risk.    Hit the support at $3.  Just place the cut loss at 3-5% of the support level.  If break below 5%, then run for life as it might go below more than that.
I think it will trend lower still.
Expects a new pullback to $2.97 and $2.85 in extension.
CHINHWEE ( Date: 24-Jun-2013 15:26) Posted:
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$3 only now
Bought more at 3.04, a good price to average down.
Seriously over sold like it's the end of the world already?
I no money and don't feel safe to buy any investment property in overseas, so i rather ride on the shoulders of the giants eg capland.
Capmalls Asia's new mall at Bedok interchange going to open in Sep this year.
Investors are also eagerly awaiting the sale of capland australian assets.
I think capland is oversold because it owns many REITS, and as REITs are under attack now, so collectively capland kena the worst.
What's wrong with REITs huh? its like being landlords, collect a steady income yet without the hassles. REITS now Great Singapore Sale price, some even below IPO price already! the yield is looking very delicious again.
It's a good buy for me...

Richman ( Date: 24-Jun-2013 13:32) Posted:
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I have been collecting
Vested