CapitaLand   

CapitaLand: Too early to bottom fish

Good question. My sentiments exactly. Could it be due to the rights issue? People selling off their rights without taking it up? Any experienced member can hazard a guess?

 

Just wondering why is it hitting so low now....$1.94

ewlew2      ( Date: 27-Feb-2009 15:12) Posted: 1.96. I'm looking long term based on nas, p.e. and dividend payout. Think it's already a very good price. But if it swings as wildly as it did the last few days before and after the rights issue, I'll let go for capital gain. Just my 2 cents worth.

 

1.96. I'm looking long term based on nas, p.e. and dividend payout. Think it's already a very good price. But if it swings as wildly as it did the last few days before and after the rights issue, I'll let go for capital gain. Just my 2 cents worth.

 

what price u loaded at?

ewlew2      ( Date: 27-Feb-2009 14:10) Posted: Already loaded 20 lots! Will buy more if price comes down further. Nowadays market has almost no bearing with fundamentals. Haha...

 

Brave, one gulp of 20 lots. Good luck loh.

ewlew2      ( Date: 27-Feb-2009 14:10) Posted: Already loaded 20 lots! Will buy more if price comes down further. Nowadays market has almost no bearing with fundamentals. Haha...

 

Already loaded 20 lots! Will buy more if price comes down further. Nowadays market has almost no bearing with fundamentals. Haha...

 

think worth now..but anybody loading today?? I Q at 1.90...

 

Wow, 1.95. Almost an all time low! Definitely worth buying, is it not?

 

Fr BT



CapitaLand said it has acquired an additional 60 per cent of its Vietnamese joint venture company - CapitaLand-Hoang Thanh - from its partner Hoang Thanh for US$32.51 million.

The property group also said it has terminated joint venture agreements it entered into in 2007 with partner Azure City and a company affiliated to Azure City to develop a residential site located in Ho Chi Minh City, Vietnam into a high-rise condominium and villa.

The agreements were terminated as the relevant government approvals have not been obtained by the joint venture partners. Thus, the intended joint venture companies have not been incorporated, CapitaLand said.

The developers stake in CapitaLand-Hoang Thanh, on the other hand, was upped from 10 per cent to 70 per cent. CapitaLand-Hoang Thanh has therefore become an indirect subsidiary of CapitaLand. The remaining 30 per cent interest is held by Hoang Thanh Company.

The principal activities of CapitaLand-Hoang Thanh are that of property investment and development and project management. CapitaLand-Hoang Thanh owns a parcel of land of 24,466 square metres in the Mo Lao New Urban Area of Hanoi, which will be developed into residential apartments.

The acquisition price was arrived at on a willing-buyer willing-seller basis, taking into account, among other factors, the net tangible assets of CapitaLand-Hoang Thanh of US$54.19 million.

 

Thank you Alligator, you are my sifu... clear, concise, and patient, ... and also seems to be very experienced! (in my opinion)

-- dulcie 妹

 

1. Payment by atm or BD or MO, is between which 26th Feb and 12th March? -


ATM, before 12 march 9pm. easier.

BD/MO, wait for CDP to send you big envelop with ARE form.

means i can pay for my rights today if i want to already?

No point pay so early, wait and see the show on this 10 days of rights trading period. I have not check the ATM so i do not know if this has been activated yet.

2. So, example, after 23 March, i have 4,500 CL shares. How do i sell 4,500 shares?
Sell as per normal , by on-line broker or through your broker


or i can only sell 4,000 shares, and stuck with 500? 

Can always sell odd lot of 500, pay more commission to broker. Can keep 500 for grand-children la, it might become 2000 shares 30 year later when there are Bonus, Rights, etc for next 30 years.


However, since you have odd lot (1500) of Rights, one sensible way is for you to apply for 500 EXCESS rights. It cost you 650 dollars plus i think a 2 dollar ATM transaction fee( this differ from bank to bank).  Since you are entitled shareholder of 3000 shares, your chance of getting 500-odd lot is high (but  no guaranteed, OK!! Their director will decide according to the documents, read yourself).

 

Dear Alligator,

Crystal clear! - thank you very much i really 非常感谢~~！

Just 2 more question (i promise!):

1. Payment by atm or BD or MO, is between which 26th Feb and 12th March? - means i can pay for my rights today if i want to already?

2. So, example, after 23 March, i have 4,500 CL shares. How do i sell 4,500 shares? or i can only sell 4,000 shares, and stuck with 500?

Thanks for your patience,

Dulcie

 

lets say i have 3 lots (3000 shares). so, i have 1500 rights shares, right?  (YES) you can just check to confirm your CDP statement, it is there as 1500 Capitaland_R.  You can apply for free on-line access to CDP and get this convenience way of checking CDP statement.
if i don;t sell them, i have to pay between which date and 12th march? (YES)
how do i pay? (easier to USE ATM, or  more complicated is use CDP envelop fill up ARE form and Money order or Banker Draft and mail to CDP to reach before 12 March some 4+pm)-will it appear under "view contracts for payment" in EPS for my internet banking? (No)

or do i go down to CDP or my borker's office to pay? (No)

also, after 23 March, it will mean i have 4500 CL shares, right? (Yes)

  let's sat i want to top up to 10,000 now. that means i need to buy additional 5,500 nil-pay right shares now. ( not necessary, you can buy 5000 or 6000 mother share from market as usual , it is easier if you still cannot figure out the arithmatic, but you can also apply for EXCESS RIGHTS, however this is not certain you can get allocated, by the way when you apply excess rights you must pay in full. they will refund you on those that are not successful.)

so, IF the price of a nil-pay right is now $0.70, i need to pay $0.70 x 5,500 = $3,850 + fees, right? ( if you buy nil-paid rights, YES, but you must remember you need to also exercise these 5500 rights before 12 march by paying the rights issue price of 1.3 or else this become worthless)

but, by 12th March, i will then only need to pay my original rights 1,500 x $1.30 = $1,950 , right? ( No , you must pay (1500+5500)x1.3=9100 to exercise your 7000 rights with 1.3 each)

so my total outlay to get from my present 3000 (+ 1500 rights) to 10,000 would be 1,950+3850=5800, right? (No, should be 1950 + 3850+fee+7150=12950+fee

 

sorry, my formatting not so good... it didn;t come out the way i wanted. here it is again.

 -- Dulcie


 hi Guys, need your help, after reading all the below, still a little confused. pai seh...

lets say i have 3 lots (3000 shares). so, i have 1500 rights shares, right?

if i don;t sell them, i have to pay between which date and 12th march?

how do i pay? - will it appear under "view contracts for payment" in EPS for my internet banking? or do i go down to CDP or my borker's office to pay?

also, after 23 March, it will mean i have 4500 CL shares, right? let's sat i want to top up to 10,000 now. that means i need to buy additional 5,500 nil-pay right shares now.

so, IF the price of a nil-pay right is now $0.70, i need to pay $0.70 x 5,500 = $3,850 + fees, right?

but, by 12th March, i will then only need to pay my original rights 1,500 x $1.30 = $1,950 , right?

so my total outlay to get from my present 3000 (+ 1500 rights) to 10,000 would be 1,950+3850=5800, right?

sorry ah, so many questions, but i really don;t know if my calculations are correct. please help me to check, thank you!!

Dulcie

 

hi Guys, need your help, after reading all the below, still a little confused. pai seh... lets say i have 3 lots (3000 shares). so, i have 1500 rights shares, right? if i don;t sell them, i have to pay between which date and 12th march? how do i pay? - will it appear under "view contracts for payment" in EPS for my internet banking? or do i go down to CDP or my borker's office to pay? also, after 23 March, it will mean i have 4500 CL shares, right? let's sat i want to top up to 10,000 now. that means i need to buy additional 5,500 nil-pay right shares now. so, IF the price of a nil-pay right is now $0.70, i need to pay $0.70 x 5,500 = $3,850 + fees, right? but, by 12th March, i will then only need to pay my original rights 1,500 x $1.30 = $1,950 , right? so my total outlay to get from my present 3000 (+ 1500 rights) to 10,000 would be 1,950+3850=5800, right? sorry ah, so many questions, but i really don;t know if my calculations are correct. please help me to check, thank you!!

 

Wah, u run road with speed loh. Cheers.

limkt009      ( Date: 26-Feb-2009 09:41) Posted: Unloaded 5lots of rights @77c. Good luck.

 

dun think i can unload liao.. got to subscribe for the rights..

 

Unloaded 5lots of rights @77c. Good luck.

 

Hi all,

        I got my capland nil-paid rights in my CDP this morning. For those who have vested, please check if you got it as well...good luck to all later in the opening.

Cheers,

oinkoink

 

it's already XR, so the price now should already reflect the price after dilution.. But of course, how the price goes after depends on other factors then..