
Not only good closing but nice trading range today!!!
harley22ez ( Date: 31-Oct-2012 18:28) Posted:
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NICE CLOSING!!!1.85 ...woo hoo ...
huat huat huat ...tomolo hopefully will cross 1.91!
CapitaMalls Asia Ltd – Company Results(Bryan Go)
Recommendation: Accumulate
Previous close: S$1.805
Fair value: S$1.93
§         3Q12 revenue $102.1mn, (+53% y-y) and PATMI $62.4mn (+71% y-y)
§         Results ahead of expectations, China operation continued to improve
§         Opened 1 mall in Singapore and 6 malls in China
§         Raise target price to $1.93 but downgrade to Accumulate
harley22ez ( Date: 31-Oct-2012 17:00) Posted:
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1.82 liao ..hopefully tomolo cheong
 
stand corrected
 
viromics ( Date: 31-Oct-2012 16:27) Posted:
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I might be on the correct side, bought more
wangerism ( Date: 31-Oct-2012 13:43) Posted:
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I see accumulation at this level when prices are steady and range bound coupled with high volume with profit taking and renewed interests.
If there is weakness prices should be on the downtrend.
Renewed interests with Capitaland group in general.
At this price is still below IPO price.
If there is weakness prices should be on the downtrend.
Renewed interests with Capitaland group in general.
At this price is still below IPO price.
wangerism ( Date: 31-Oct-2012 13:43) Posted:
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relax bro, up a lot too fast liao.
it shud cheong soon ....huat huat huat
i see weakness...
 
viromics ( Date: 31-Oct-2012 13:40) Posted:
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Today, we will see a true break of 1.80, no more chance to buy below
To me no farm payroll or past indices are no more key indicators of how Dow will perform when market reopened.
The immediate issue is to raise funds to rebuild and this means insurance claims as well. Institutions will sell and short sellers will sell down the market .
The immediate issue is to raise funds to rebuild and this means insurance claims as well. Institutions will sell and short sellers will sell down the market .
harley22ez ( Date: 31-Oct-2012 10:16) Posted:
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hopefully cma will cheong after the storm/..................huat huat huat!!!
By Inyoung Hwang
Oct. 30 (Bloomberg) -- U.S. stock-index futures rose as
investors assessed the impact of Hurricane Sandy and prepared
for the reopening of equity markets tomorrow.
Futures on the Standard & Poor’s 500 Index expiring in
December added 0.2 percent from Friday’s close, as of 6 p.m. New
York time. Dow Jones Industrial Average futures gained 2 points,
or less than 0.1 percent, to 13,056.
The U.S. Securities and Exchange Commission canceled equity
trading yesterday and today as the 900-mile wide storm caused
flooding and blackouts. The New York Stock Exchange said it
plans to open tomorrow.
The Labor Department is striving to issue its monthly
report on employment in the U.S. in three days as scheduled, a
spokesman said today. The jobs report is the last before the
presidential election, and may help sway voters trying to decide
between giving President Barack Obama another four years in
office or to change course with Republican challenger Mitt
Romney.
Nonfarm payrolls increased by 125,000 workers in October
and the jobless rate rose to 7.9 percent, the report on Nov. 2
will show, according to median forecasts of economists surveyed
by Bloomberg.
The S& P/Case-Shiller Index of property values in 20 cities
rose 2 percent in August from a year earlier, after a 1.2
percent advance in July, a report showed today. The average
estimate by economists in a Bloomberg survey had called for a
1.9 percent increase.
huat huat huat ...
very strange how it actually went DOWN??
Especially with the good results!
UP UP UP 
doesnt seem to be breaking out of 1.80 range yet ...sigh
hold the line....1.90 will come
Technically, it is solidating around 1.80, and building a strong higher and higher trend. With the good earning result and month-ending decorations, it likely moves to 1.90 by next few days if there is no hidden skeleton.
KEY IDEA
CapitaMalls Asia: 3Q12 results above view
Summary: CMA reported 3Q12 PATMI of S$63.4m - up 70.8% YoY mostly due to Minhang and Hongkou contributions and increased management fees. We judge this set of results to be above consensus and our expectations, and 9M12 core PATMI, excluding extraordinary items, now make up 83% of our FY12 forecast, driven by faster than expected revenue growth at Minhang and Hongkou and a S$7.3m QoQ dip in admin expenses as mall-opening costs eased. We expect increased visibility of recurring earnings, as a larger component of CMA’s portfolio becomes operational, and relatively firm retail outlooks in China and Singapore to be positive drivers of its share price ahead. MaintainBUY with an increased fair value estimate of S$2.16 from S$1.85 previously as we update for valuations of REIT holdings and reduce the RNAV discount to par (from 10% previously).(Eli Lee)
CapitaMalls Asia: 3Q12 results above view
Summary: CMA reported 3Q12 PATMI of S$63.4m - up 70.8% YoY mostly due to Minhang and Hongkou contributions and increased management fees. We judge this set of results to be above consensus and our expectations, and 9M12 core PATMI, excluding extraordinary items, now make up 83% of our FY12 forecast, driven by faster than expected revenue growth at Minhang and Hongkou and a S$7.3m QoQ dip in admin expenses as mall-opening costs eased. We expect increased visibility of recurring earnings, as a larger component of CMA’s portfolio becomes operational, and relatively firm retail outlooks in China and Singapore to be positive drivers of its share price ahead. MaintainBUY with an increased fair value estimate of S$2.16 from S$1.85 previously as we update for valuations of REIT holdings and reduce the RNAV discount to par (from 10% previously).(Eli Lee)
relax bro, hkg shud bring this baby up today ....
dont sell too soon of u will regret. wait for counter to stabilise ...shud up min 5cts today
 
Strange movement, sth behind is unknown? such a good result, moving down! although it moved up a lot before the results released, it should be still attractive, at least should up to 1.90