
Technical View from The Edge
Underlying tone is still quite bearish. Not much 'meat' at this level ($3.70) because short term resistance at $3.80. Meaningful support is at $3.50.
Make love more, don't make more enemies
Is it good news or bad news for capitaland?
pls exercise trade with war zone news.....
bsiong ( Date: 26-Nov-2010 13:48) Posted:
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CapitaLand Limited
announced had divested its entire 30% stake in Meridian Atlantic Sdn Bhd (“MA”) to a party unrelated to CapitaLand. The Sale is part of CapitaLand’s ongoing strategy to enhance capital productivity. MA, a property development company, owns 23 floors of a building in Penang , Malaysia known as Northam Venture Office Building . MA is in a net deficit position of RM7 million (approximately S$3 million) based on its management accounts as at 31 December 2009. The CapitaLand Group has fully written-off its cost of investment and the debts due from MA. The cash consideration for the Sale Stake of RM3,000 (approximately S$1,300) and the repayment of RM2.9 million (approximately S$1.2 million) in full settlement of debts owed by MA were arrived at on a willing-buyer willing-seller basis. Following the completion of the Sale , CapitaLand will recognise in its consolidated financial statements a write back of approximately S$1.2 million. MA will cease to be an associated company of CapitaLand.
/ Source: SGX Masnet
/ i came i read i posted fyi only.//
buy @3.6
Buzzoo ( Date: 26-Nov-2010 12:03) Posted:
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Can buy or not? Seems dropping...slowly...
Aiya almost closing, think confirm a morning doji star for today liao.
Hope no more war then will start to buy tmr....
patience my dear fellow mates...
i am also waiting to buy but the price doesnt seem to drop
Is it time to buy capitaland? A morning doji star....
You mean still got pple looking at property, it is all the way lau side till end next year.
cannot shot far !
soloman ( Date: 24-Nov-2010 19:34) Posted:
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Kidney no strength............................................................
Sell....

Ok wait first...
trend down is still intact ..
Is the selling not over yet? Price didnt move though high vol...
Good Buy Juzz for Me
Vested at 3.69
Chart and TA is 马后炮,
market trend and basic fundmental are most important.
U are most welcomed !
pointer ( Date: 23-Nov-2010 17:41) Posted:
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