
The Govt. policies so not affect Reits. But people tend to link property malls with " properties" . CMT has been quite resistent with the equity falls recently and I noticed it has stayed at the 1.75 to 1.85 region for quite some time. Even some times when market fall, it has no effect. Probably some big guy is unloading in anticipation to global market movements.
I am not holding any CMT shares and I dun think they are going for rights issue. Normally for rights, they will push up thee price for rights to take effect.
Don't know why this one drop like shit? Is it right issue coming???
Oh... Private Placement at $1.79. Thanks.
Farmer ( Date: 01-Nov-2011 11:29) Posted:
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alexchia01 ( Date: 01-Nov-2011 10:42) Posted:
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What happened to CapitaMall?
Drop 4.5% just like that.
 
CAPITAMALL Trust (CMT) looking to raise $300 million for asset enhancement works
http://sgsharemarket.com/home/2011/11/capitamall-trust-cmt-looking-to-raise-300-million-for-asset-enhancement-works/
 
Our pivot point stands at 1.25.
Our preference: short term rebound.
Alternative scenario: below 1.25, expect 1.16 and 1.11.
Comment: the RSI is above 50.
The MACD is above its signal line and negative.
The MACD must break above its zero level to call for further upside. Moreover,the stock is trading above its 20 day MA (1.25) but under its 50 day MA(1.37).
Supports and resistances: 1.59 *1.54 **1.48 1.355 last 1.28 1.25 **1.16 *
1.89 is our pivot point.
Our preference: the downside prevails as long as 1.89 is resistance.
Alternative scenario: the upside breakout of 1.89 would call for 1.96 and 2.
Comment: the RSI is below 50. The MACD is below its signal line and negative.
The configuration is negative. Moreover, the share stands below its 20 and 50day MA (standing respectively at 1.86 and 1.89).
Capitamall Trust is currently trading near its 52 week low at 1.68 reached on 11/08/11.
Supports and resistances: 1.96 *1.89 **1.86 1.78 last 1.7 1.66 **1.61 *
Another Reit I brought today... CapitaMall.
Looks pretty strong on the rebound.
Stop-Loss at $1.715
T.P. is $1.850.
DBSV Report 20/07/11
http://kfc1973-stock.blogspot.com/2011/07/cmt-enhancement-works-gain-traction.html
OCBC Report 20/07/11
http://kfc1973-stock.blogspot.com/2011/07/capitamall-trust-2q11-results-in-line.html
CIMB  Report 19/07/11
http://kfc1973-stock.blogspot.com/2011/07/capitamall-trust-2q11-results-in-line.html
DMG Report 19/07/11
http://kfc1973-stock.blogspot.com/2011/07/cmt-higher-than-expected-debt-cost-dmg.html
Andrew ( Date: 15-Jun-2011 00:23) Posted:
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