CapitaMalls Asia   

CapMallsAsia Doji Moves Out of Down Channel

(2.51+2.29+2.07)/3=2.31

Alligator      ( Date: 12-Mar-2010 09:13) Posted: lets see MFT TP DBSV 2.51 JPM 2.29 Macq 2.07

 

Capmall asia is going up soon. How much do you all think will go up before 22 march? is it goin to go up more aft 22 march?

 

WiLL  cOscO       rEturn  tO  abOve  S$8?

WiLL  CapitalMallAsia  risE  abOve S$8?

 

cOscO              dOwm   3 cEnts  fOr  dE-iNdExing

CapitalMallAsia Up        3 cEnts  fOr        iNdExing

 

CapitaMalls Asia: To replace Cosco Corporation in STI Index from 22 March.

Vested

 

lets see MFT TP

DBSV 2.51

JPM 2.29

Macq 2.07

 

So this is confirm.

DBSV said TP 2.51

chart also showed 61.8% at around 2.5x..

 

Singapore Press Holdings (SPH), Singapore Exchange (SGX) and FTSE Group (FTSE) announced today that CapitaMalls Asia will replace Cosco Corp Singapore as a constituent of the Straits Times Index (STI) following the conclusion of the half-yearly review.

The STI reserve list, comprising the five highest ranking non-constituents of the STI by market capitalisation, will be (in order of size) Keppel Land, Yangzijiang Shipbuilding Holdings, Ascendas Real Estate Investment Trust, Yanlord Land Group and Parkway Holdings. Companies in the reserve list will replace any constituents that become ineligible as a result of corporate actions before the next review.

In the FTSE ST China Top Index, China Fishery Group and People’s Food Holdings will replace China Energy and Sinomem Technology. Full details of deletions and additions for all indices can be found under the Index Reviews section at www.ftse.com/st.

All changes from this review will take effect from the start of trading on 22 March 2010. The next review is scheduled for 8 September 2010.

 

looks like it is going to be.... included. The surge today should be because of it... One day away from knowing the new composition of STI components.

 

it is back.. watchout.. the 2.36 barrier.

 

Wow !! sell dn to 2.27 !! looks like my Shorting Season on this burger has started! :P

 

 

 haha.....looks like after their BUY...share price went DOWN instead ! hee... :P

0102 GMT [Dow Jones] CapitaMalls Asia (JS8.SG) may get boost from latest acquisition, which helps further company's strategy of expanding its China footprint; shopping mall owner announces it will buy integrated development in Chengdu comprising retail, residential, office for about S$114.0 million. "This acquisition brings CMA closer to its 40% target asset allocation in China and gives its full control over a strategically located asset at an attractive valuation," says Deutsche Bank. Adds CapitaMalls Asia with its strong balance sheet and full control might be able to accelerate ramp-up of development project. Maintains Buy rating, S$2.53 price target. Shares end flat at S$2.29 yesterday; pre-open order book quotes show bids up to S$2.40, offers clustered at S$2.35.(kirsty.green@dowjones.com)

 

wah! 2.28 now! looks like that bulls** adding into STI componet cant seems to hold!! SHORT AHH !! :D oops...skally i wrong again? :P heck! juz whack! :D

 

WAH LAO! my SHORTISTS frens gan chiong shorting this burger too early lah...ayo...wait let it cheong to 2.40 then SHORT mah! ayo.....2.33 now dun thk fleshy meat enuff to SHORT leh ! :P

 

CMA is gonna kick out cosco and be a component stock..that is the rumor..

load up CMA cos the fund managers tracking the STI will have to dump cosco and load up

CMA..

low 2.3 level load up

DYODD

 

2.36 ?!?!??! GOSH !!

 

wow !! 2.35 now !??! would it hit 2.40 today ?!?!?! :D

 

hmmm....i thk i see a BULLISH engulfment from the candlesticks of this burger siah !! :P looks like it will be shinning bright again ?!?!? :D

 

wow 2.33 !! gosh!! 

OH
MY

GOD !! :D

 

OOPs! correction...this burger may cheong! as following news take hold! :P

 

DJ MARKET TALK: Cosco May Be Dropped From STI, CMA Added - Nomura

0151 GMT [Dow Jones] Cosco (F83.SG) may be dropped from STI while CapitaMalls Asia (JS8.SG) may be added in index's next semi-annual review in March; "this is the opposite of the review one year ago, where two real estate stocks were deleted and two consumer services added." Notes no changes in last review in September. Expects CapitaMalls Asia to be assigned weight of 0.65% on STI; Cosco's current weighting at 0.45%. STI made up of 30 companies with largest market cap on Singapore Exchange. FTSE ST Advisory Committee expected to unveil results of review around March 11, with any changes taking effect after market close on March 19. (FKH)