
 
  will history repeat itself just like 2 nov
2 Nov 2011 | 2.60 | 2.73 | 2.58 | 2.71 | 15,272,000 | 2.71 |
1 Nov 2011 | 2.70 | 2.71 | 2.62 | 2.64 | 22,066,000 | 2.64 |
it really doing well, easy 266 then 275....
CPL doing well.... 2 soon.... lol
similarly...
when it drops, people expect it to drops even more...
one of the sifus here even expect it to drop below 2.00 by year end....that's only 19 trading days away from today...lol... 
iPunter ( Date: 05-Dec-2011 08:23) Posted:
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This is purely with reference to stock player psychology...
    ie. when it rises, people expect it to rise even more.
              Hence they buy, or buy more (average up).
                      The stock market is more about player psychology
                              than real values as such...

iPunter ( Date: 03-Dec-2011 12:13) Posted:
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I am waiting for it to go lower... then I will load up more
JV with Singbridge awarded site in Chongqing for S$1.28 bln
CapitaLand and its subsidiary CapitaMalls Asia, together with Temasek Holdings unit Singbridge Holdings Pte Ltd, has bought rights to a mixed development site in the Yuzhong district of China's western city of Chongqing for S$1.28 bln.
The JV consists of CapitaLand (25%), CapitaMalls Asia (25%), Temasek Holdings’ Singbridge (30%) and an undisclosed private entity (20%).
Given its stake in CapitaMalls Asia, CapitaLand's overall interest in the project is estimated at 41%.
Temasek Holdings owns 40.4% of CapitaLand while Singbridge is its wholly owned subsidiary.
Therefore, effectively Temasek will own close to 46.5% interest in the project.
The site has a land area of approximately 91,783 sq m, with a total gross floor area of 817,000 sq m.
The Joint Venture intends to develop the site into a landmark mixed development designed by renowned architect Moshe Safdie, who also designed Marina Bay Sands.
The mixed development is expected to have retail (27.2%), residential (40.5%), office (21.3%), serviced residence (3.7%) and a hotel component (7.3%).
Including development costs, the project is estimated to cost S$4.1 bln.
The land cost of S$1.3 bln will be funded from the equity of the respective JV partners with the remaining construction funded through debt borrowings.
CapitaLand says the property has strategic value as the site is located next to the traditional central business district of Jie Fang Bei, which is known for its broad pedestrian streets lined with shopping malls, department stores, office buildings and hotels.
Analyst Eli Lee at OCBC believes the acquisition will add value to the group.
She expects the group to continue growing in China, particularly if opportunities for distressed assets arise due to monetary tightening there.
She maintains BUY rating on CapitaMalls Asia’s stock with a fair value estimate of S$1.49.
Analysts Chin Hong Pang and Yew Kiang Wong at CLSA fear that CapitaLand-CMA’s assumptions factored into while bidding for the tender were aggressive compared to the current market.
The broker estimates the development to yield low accretion of S$0.041/share to CapitaLand and S$0.027/share to CMA.
CLSA maintains an UNDERPERFORM rating on CMA’s stock.
Analyst Lock Mun Yee at DBS Vickers anticipates the impact of this acquisition on earnings will be felt over five years.
The broker continues to like the group for its ability to deploy resources into new investments.
DBS Vickers maintains BUY rating on CapitaMalls Asia with an unchanged target price of S$1.94.
Analysts Paul Lian and June Zhu at Goldman Sachs see some downside risk to management’s Internal Rate of Return of 13%-14%.
In a separate development, Capitaland and CapitaMalls Asia-owned Bedok Residences met with good response in its initial launch, they say.
The 583 unit development saw ready buyers for 350 out of 450 units on offer.
The questions that need to be asked about this story:
1. Why did the group choose a JV with Singbridge instead of going solo for the Chongqing project?
2. Is the structure a sign that this is a risky development, and it needed to spread that risk?
3. Who is the unnamed 20% shareholder?
4. Western China continues to trail the east and north-east of the country, in terms of economic development. To what extent is this an attempt to curry favour with China's politicians, who are trying to encourage investment in the west?
CapitaLand and its subsidiary CapitaMalls Asia, together with Temasek Holdings unit Singbridge Holdings Pte Ltd, has bought rights to a mixed development site in the Yuzhong district of China's western city of Chongqing for S$1.28 bln.
The JV consists of CapitaLand (25%), CapitaMalls Asia (25%), Temasek Holdings’ Singbridge (30%) and an undisclosed private entity (20%).
Given its stake in CapitaMalls Asia, CapitaLand's overall interest in the project is estimated at 41%.
Temasek Holdings owns 40.4% of CapitaLand while Singbridge is its wholly owned subsidiary.
Therefore, effectively Temasek will own close to 46.5% interest in the project.
The site has a land area of approximately 91,783 sq m, with a total gross floor area of 817,000 sq m.
The Joint Venture intends to develop the site into a landmark mixed development designed by renowned architect Moshe Safdie, who also designed Marina Bay Sands.
The mixed development is expected to have retail (27.2%), residential (40.5%), office (21.3%), serviced residence (3.7%) and a hotel component (7.3%).
Including development costs, the project is estimated to cost S$4.1 bln.
The land cost of S$1.3 bln will be funded from the equity of the respective JV partners with the remaining construction funded through debt borrowings.
CapitaLand says the property has strategic value as the site is located next to the traditional central business district of Jie Fang Bei, which is known for its broad pedestrian streets lined with shopping malls, department stores, office buildings and hotels.
Analyst Eli Lee at OCBC believes the acquisition will add value to the group.
She expects the group to continue growing in China, particularly if opportunities for distressed assets arise due to monetary tightening there.
She maintains BUY rating on CapitaMalls Asia’s stock with a fair value estimate of S$1.49.
Analysts Chin Hong Pang and Yew Kiang Wong at CLSA fear that CapitaLand-CMA’s assumptions factored into while bidding for the tender were aggressive compared to the current market.
The broker estimates the development to yield low accretion of S$0.041/share to CapitaLand and S$0.027/share to CMA.
CLSA maintains an UNDERPERFORM rating on CMA’s stock.
Analyst Lock Mun Yee at DBS Vickers anticipates the impact of this acquisition on earnings will be felt over five years.
The broker continues to like the group for its ability to deploy resources into new investments.
DBS Vickers maintains BUY rating on CapitaMalls Asia with an unchanged target price of S$1.94.
Analysts Paul Lian and June Zhu at Goldman Sachs see some downside risk to management’s Internal Rate of Return of 13%-14%.
In a separate development, Capitaland and CapitaMalls Asia-owned Bedok Residences met with good response in its initial launch, they say.
The 583 unit development saw ready buyers for 350 out of 450 units on offer.
The questions that need to be asked about this story:
1. Why did the group choose a JV with Singbridge instead of going solo for the Chongqing project?
2. Is the structure a sign that this is a risky development, and it needed to spread that risk?
3. Who is the unnamed 20% shareholder?
4. Western China continues to trail the east and north-east of the country, in terms of economic development. To what extent is this an attempt to curry favour with China's politicians, who are trying to encourage investment in the west?
Of course it can go up to 3.00...
      And after that even to  3.50, 4.50, etc... 
                      When the bull returns, it is not like human
                                  (" bu xiang ren " ) ...  lol...

Belteshazzar ( Date: 03-Dec-2011 09:49) Posted:
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Here you are again....Always waiting  for chance to bite me.....Really dont understand, when I profit, never even see you congratulaing me... hmmm...jealousy........ lol
risktaker ( Date: 02-Dec-2011 18:10) Posted:
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green to 266 then 275 if no surprises next wk and with a lot of hope and dream
Belteshazzar ( Date: 01-Dec-2011 09:14) Posted:
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maybe someone is drawing a chart for iso to jump in :)
iPunter ( Date: 02-Dec-2011 15:10) Posted:
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But market " Oooooooooooomph!!!" (euphoria),
      overrides everything else... stocks is very " ho tarn"
              or " jin guay tarn" (easy money) ... lol...  

phil1314 ( Date: 02-Dec-2011 16:58) Posted:
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iPunter ( Date: 02-Dec-2011 15:10) Posted:
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This counter was showing a rising wedge pattern before
      yesterday's rise, otherwise (if there was no news yesterday),
                    it would have been a bearish signal... 

Belteshazzar ( Date: 02-Dec-2011 10:45) Posted:
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mr isolator is very anti-property.  Why so saddist?
Then you shall see red.... lol
steady, let see it close higher...
Doing fine... My short is in green.... lol
double resistance by 20 and 100MA
CPL is ready for me to short as usual... lol