
CEO Liew Mun Leong should retire gracefully or else be sacked at once. WHY? Under his watch, Capitaland sold off most of the profitable assets within Spore (such a Raffles Hotel, DBS Tower etc) and swopped for rotten eggs in China instead. Its Share px has collapsed 34% this yr alone vs STI benchmark 15% drop.
Not vested but I can't understand why Temasek paid an incompetent CEO getting $millions to destroy shareholders' value.
krisluke ( Date: 22-Oct-2011 00:45) Posted:
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Australia plus CHINA ? ??
Currencies war  plus employment rate  with USA ? ??
Who will WIN? ?? CHINA OR USA ? ??
MY BET IS ON USA

End of the world... Capita LAND ? ??
CapitaLand 3Q profit falls 83% to $89.2m on accounting change
 
Written by The Edge     |
Friday, 21 October 2011 23:05 |
 
CapitaLand, Southeast Asia’s biggest developer, said third-quarter profit dropped 83% after lower contributions from China and Australia, and an accounting rule change restated last year’s revenue, reported Bloomberg.
Net income dropped to $80.2 million in the quarter ended Sept. 30, from a restated $460.1 million a year earlier. Revenue fell 58% to $608.6 million from $1.45 billion. Sales would have declined 3% without the accounting change effective Jan. 1, based on figures provided by the company.
The Singapore-based developer is planning to sell more apartments in both its home market and China, tapping on opportunities as measures by both governments to curb housing prices hurt weaker competitors. CapitaLand invested $7 billion in new projects this year, more than its target of $5 billion to $6 billion of investments, focusing on the two nations.
 
/theedge///
 
 
A hamster is a great first pet for young people...
    This breed (golden hamster) is a bit hard to get here...


Juzztrade ( Date: 20-Oct-2011 09:33) Posted:
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I am waiting to buy...

240 coming soon.....
bbq shortists towards 2.63 ?
Why so many cock fellows in this thread ?
hee ..... Kepland & Capitaland have been running neck to neck for a while ..... soon someone will realised this big gap now .....
This is just a conservative estimate.
I expect it to fall more than that.
belgeran ( Date: 18-Oct-2011 20:03) Posted:
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U r right, only fools are still looking at this thread..

Dont need to look at CPL... Short it and collect profit later on.... lol
I am here give my frank opinion , not interest to look at this thread at all. Why are you so foolish not to differentiate it?
But some people are looking forward " 30 generations ahead" ... 

momoeagle ( Date: 19-Oct-2011 10:42) Posted:
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See who is looking at this share , this forum, this thread.... 

Only fools will look at this share.
march on .....
I saw some soldiers marching leh.....
 

Today really see star...outplayed by politicians...