Capitaland Investment 02 (Jun 10 - Dec 25)

[ichew]

why divest if property sector is booming?? **ting ting**

erm win-win?
Ascott & CapLand win by recycling & getting some cash upfront to do other things
r the CEOs or mgt bonuses tied to increasing rev or profits?
the reit ART's mgr also win as they can now look fwd to higher mgt fees

[kennynah]

ahhhh..... i shd have paid attention to the details....

left pocket, right pocket.... suckers are the late comers to this wayang....

[winston]

Not vested

Capitaland ST: target 3.82 <CATL.SI>


Click here to see our chart:
http://www.tradingcentral.com/chart/CAP ... 042358.gif

Our pivot point is at 4.18.

Our preference: target 3.82.

Alternative scenario: above 4.18, look for 4.29 and 4.35.

Comment: the RSI is below 50. The MACD is positive and below its signal line.

The MACD must penetrate its zero line to expect further downside. Moreover,the stock is above its 20 and 50 day MA (standing respectively at 3.99 and3.83).

Supports and resistances: 4.29 *4.18 **4.13 4.01 last 3.88 3.82 **3.75 *

Source: Reuters

[LenaHuat]

CapitaLand will build 500 units of residential apartments and 2 levels of shops at the Bedok MRT site, a tender it won in mid-Aug. Units are expected to be launched at ard $1100 psf, comparable to Centro AMK

[winston]

Not vested

Capitaland ST: the upside prevails as long as 3.92 is support <CATL.SI>

Click here to see our chart:
http://www.tradingcentral.com/chart/CAP ... 043334.gif

Our pivot point is at 3.92.

Our preference: the upside prevails as long as 3.92 is support.

Alternative scenario: the downside breakout of 3.92 would call for 3.82 and 3.76.

Comment: the RSI is above 50. The MACD is positive and above its signal line.

The configuration is positive. Moreover, the stock is trading above both its 20 and 50 day MA (standing respectively at 3.98 and 3.96).

Supports and resistances: 4.35 *4.28 **4.22 4.06 last 3.96 3.92 **3.82 *


Source: Reuters

[winston]

Not vested.

Capitaland (S$4.06\NEUTRAL\S$4.33) – Capitaland has a 35% RNAV exposure to
China, which is the highest amongst Singapore developers.

Its launches in Shanghai could be delayed. China government’s policy concerns could keep share price sideways.

Source: DMG

[winston]

Not vested

Shares of CapitaLand , Southeast Asia's biggest property developer, may be in focus after it posted a 43 percent fall in quarterly net profit, widely missing expectations, as rental from shopping malls dropped and it booked less revenue from residential sales.

On Friday, CapitaLand posted a third quarter net profit of S$159.6 million ($123.4 million).


Source: Reuters

[LenaHuat]

Sales at D'Leedon sound pretty dismal. It's time for change at the top.

[winston]

Not vested. From OCBC:-

CapitaLand Ltd: Valuation seems attractive

Summary: CapitaLand (CapLand) launched the 1715-unit d’Leedon (formerly Farrer Court) at Farrer Road late last month. As of 06 Dec, some 82% of the 250 units released for the initial launch have been sold.

CapLand announced earlier this month that it will sell 163 units at The Adelphi for a total S$218.1m, with an expected after-tax profit of about S$15.7m on the transaction.

CapLand said the sale was in line with its “strategy to unlock the value of non-core assets and recycle assets”.

With sustained conditions of high liquidity and cheap debt, we believe it is very likely that policymakers will implement further measures to regulate the Singapore residential market in 1H2011.

We prefer developers with strong balance sheets and those with balanced exposure to the property sector, which should buttress earnings and performance in a year of fairly high uncertainty for residential property.

While UOL Group is our top pick for the sector, we think CapLand’s valuations are attractive at the current price level. We maintain our BUY call on the stock with an unchanged S$4.54 fair value estimate, at parity to RNAV. (Meenal Kumar)

[winston]

And have you seen those advertizements by Capitaland on CNBC ?

What are they trying to achieve ?

How much are they spending on it ?

Anybody done a Cost Benefit Analysis ?