
I am also vested in this counter, and have been watching it closely the last few days. I have noticed that even ever the price goes up to 8.05-8.10, there will be a big sell down (1000 lots or so). It almost seems like there is a deliberate attempt to control the price around 7.9-8.0. Sigh.... Did anyone else notice this? Any idea what's going on?
Good Morning red1721,
Yes, I am also waiting for price to go up. It has been trading range bound for quite some time. Hope price can go beyond $8.15 for me to unload some :)
Well, lets see if the news about capitaland this morning will push it foward a bit upwards...
Does anyone has an idea when this counter is gonna rise ? Pretty stagnant at $8....sigh
Huhu... lets make it a "Buddha jump over the wall", and not " Buddha trip over the wall"..
Hi SavvyInvestor,
If the price shoot up to the high of $8.75 or even higher, than I can also go for "buddha jump over the wall" liao. I am still holding some bought earlier.... In case you are not aware, I just read a report that there is a new analyst report revising target price to $10.60 ( of course target prices are to be taken with a pinch of salt). However, it should give it some boost !
rickytan, u r so humble, make kopi lui happy liao.. me aiming Fo Tiao Qiang.

Hi SavvyInvestor,
wow, you are right man. So you are one of the big boy or have insider info huh :) I picked up one lot at $7.60 to see it go down to as low at $7.40. Today, contra off at $7.90 and made some kopi $$$. Cheers !
As expected, fighting its way up to close above $8/=. Good job, BB.

huhu... 10 cents u heart attack, highly leverage huh? lets see if it can close above $8/= today.
savvyinvestor,
i also think it has bottomed so i bought @7.50 but 1 minute later dropped to 7.40 ! taught i will get heart attack. kia si liau...
Anyone picked up this counter when I gave a call on 27 June to bottom fish it? If yes, gratz..
Target $9.6 ???

noted thanks...
gho485, Friday will be the day to confirm if my call is right/wrong. My guess is that the currwent fall is to flush out all weak holders.
savvyinvestor, what confirmation on friday? kindly enlighten me
I tink its now the right time to bottom fish this counter and wait for confirmation on Friday. Lets all wait and see if my call is correct.
ps:- not an inducement to trade.
anyone care to share why this counter has been dropping in price for the past few days?
CapitaLand is set to launch two more property funds this year with initial funds of S$500m each.
This will raise the Group?s assets under management from the current S$14b to about S$17b-18b.
The company hopes to generate 15-20% of its pre-tax profit from funds management business from the less than 10% now.
