
If you look at counters like Capitalmall Trusts, GLP and Mapletree Logistics all these GLCs related companies have recovered their losses and moved above IPO prices but CMA is the only laggard
wangwa ( Date: 16-Oct-2012 17:19) Posted:
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Maybe all the Hot money went into property. Capitaland once went from 3.20 to 3.30. This time is CapitalMallAsia. Rotate?
ho say liao ...1.80 oredi! wads the news man???
Whats in the news today?
wah ...best! 1.765 oredi
1.735 oredi...shud clear 1.75 soon and hopefully breakout to 1.8.
At $1.70 is now 52 week high so is it testing for breakout? Volume today also substantial !
wangwa ( Date: 09-Oct-2012 14:58) Posted:
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I think they are only trying to line it up with CapitalMall Trust, which already cleared $2.
Nothing wrong with that target price. Now Shanghai market is at all time low. When Shanghai market is at all time high, STI may be 4000 already!
phil1314 ( Date: 09-Oct-2012 14:21) Posted:
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So Kim Eng reiterate CMA (TP:SGD2.09) as overall top pick for retail property exposure, and Wing Tai (TP:SGD2.10) as preferred mid-cap pick for high-end residential exposure.
But given market sentiments and as CMA has been trying to breakout from $1.65 level is it not the TP of $2.09 seems pretty high?
But given market sentiments and as CMA has been trying to breakout from $1.65 level is it not the TP of $2.09 seems pretty high?
sgnewbie ( Date: 09-Oct-2012 10:19) Posted: |
is the TP still $2?
Hope it can break out as has been at this support level for some time
wangerism ( Date: 27-Jul-2012 11:29) Posted:
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buy in once break 1.64
UOBKayHian Retail Market Monitor
Traders’ Corner
05 July 2012
CapitaMalls Asia (CMA SP, JS8) –
Technical SELL with +5% potential return
Last price: S$1.59
Resistance: S$1.635
Support: S$1.51
SELL with a target price of S$1.51, which is also near its 21-day moving average. The stock is likely to see more selling pressure should there be a follow through of the shooting star candlestick pattern, which was formed in the last trading session. There was a also bearish crossover formed at its Stochastics indicator and its RSI indicator has turned down as well. Stops could be placed at above S$1.635
I think can short CapMallsAsia today.
Entry: $1.385 to $1.365
Stop-Loss: $1.470
More on my Blog at Alex Trades.
Good luck.
i think its more on China outlook. I guess people are worried about China. But I am betting on China recovery. I am waiting for $2. Good luck