CapitaLand   

CapitaLand: Too early to bottom fish

Sifus, Sifus, Simu (e.g. singaporegal:)....would appreciate your views re the following:

Having missed the boat, I was trying to step out and buy a few lots of this counter (for trading purposes), but quite hesitant. Been reading a lot and many market commentators warn about the rally receding as quickly as it came cos fundamentals have not improved, in fact, worse, with very bad job data released this Friday in US.  The hype and frenzy has got many people ignoring the reality, so this bubble may pop soon.

Not going to hold anyone responsible regardless of right or wrong, but what are your thoughts on this rally ? got fuel to last for the next few weeks, or is it sentiments which can grow and dissipate as quickly ? Your reasons appreciated.


Thanks in advance ! 

 

Can hit $3.00 anot... if can then I can break even...

 

INGAPORE, April 2 (Reuters) - Singapore property firms
such as CapitaLand (CATL.SI) may be in focus on Thursday after
U.S. home sales rose more than expected in February, raising
hopes that the economic downturn is moderating.

 

Ha ha ...what causes the whole market to chiong ....

aircraft      ( Date: 02-Apr-2009 16:19) Posted: what causes Capland to chiong ?

 

My appetite is big, At least 1.5 of its Book Value. No $5 No talk.

ericsim      ( Date: 02-Apr-2009 16:13) Posted: thks.....haha again im just out of the mkt @2.60......I WILL BE BACK AGAIN.....good luck for those still holding. Very important to set yr TP - been q'ing since morning

 

wow!!!!!!very fierce leh but hv no regret. basically  it had a sound fundamental financial background, well nobody truely can understand the mkt well just follow yr jugement and TRUST NO one include broker recommendation & me. Do recall some broker firm recommend to short this burger.

 

 Program buys by the funds. Fund manager nowhere to park and also can get dividend payout soon.

 

what causes Capland to chiong ?

 

thks.....haha again im just out of the mkt @2.60......I WILL BE BACK AGAIN.....good luck for those still holding. Very important to set yr TP - been q'ing since morning

 

Wah...no horse run

ericsim      ( Date: 02-Apr-2009 10:21) Posted: haha...im in again bought 2-3days ago @2.3 below by previous selling price. Cheonggggggggggg........arh..................

 

haha...im in again bought 2-3days ago @2.3 below by previous selling price. Cheonggggggggggg........arh..................

 

What happens to the company bottom line when write-downs of property values held by the company exceed the operating profit? Will the company not end up in the red if the property market burst? Read somewhere before the recent rights issue that the corporate gearing was at 40% would eventually hit 120%. Dunno how true this is? Good that the rights issue will provide some good cushion if the property market gets worse and even if there is quick economic turnaround company would have a war chest ready for cheap overseas acquisition. Whatever it is, I will invest this counter hit below the recent rights issue price. Meanwhile, I also trade as it trend downwards. That reminds me of Genting International...now trading below rights issue?

 

 

Unlikely even after rights issues it shld be btm at 1.8 max

 

If really hit that low......something is wrong with its balance sheets which I dont think so...

 

So low meh.....

divearse      ( Date: 01-Apr-2009 13:11) Posted: 1.3 to 1.5 seems achievable, Q1 result, poor GDP and failure of large corp in USA. But who knows, speculator mayhave the last say.

 

1.3 to 1.5 seems achievable, Q1 result, poor GDP and failure of large corp in USA. But who knows, speculator mayhave the last say.

 

What if it never goes as low as $1.50?

Yongster      ( Date: 31-Mar-2009 09:33) Posted: anything at $1.80-$2.00 should be a good buy for the LT personally, my ambitious target is to accumulate at $1.30-$1.50 before end of this year... lordtan      ( Date: 31-Mar-2009 08:10) Posted: I had let go this counter a bit early and only making some money. Thinking of getting it back below 2.1. Any views?

 

TA shows a possible bottoming out in early march. Acc/Dist and MACD charts are slightly bullish.

 

lordtan      ( Date: 31-Mar-2009 08:10) Posted: I had let go this counter a bit early and only making some money. Thinking of getting it back below 2.1. Any views?

 

I had let go this counter a bit early and only making some money. Thinking of getting it back below 2.1. Any views?