I bought some purely on an expectation of a technical rebound.
Hope I' m right...
spore1 ( Date: 04-Dec-2015 16:58) Posted:
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Keep dropping . May see $7 soon.anybody accumulating ?
sell city buy all other prop stocks
Capitaland strong rebound... city still laggard???
Prominent businessman Kwek Leng Joo, 61, has died. He was deputy chairman of City Developments
3Q15 results missed. Net profit fell 16.4% y/y to $106.4m, while revenue plunged 38.8% to $809.3m, as property ($228m, - 70%) slumped from the absence of recognition from Blossom Residences EC (TOP Sep &rsquo 14), partially offset by contribution from Coco Palms, Jewel@Buangkok, and D&rsquo Nest. Hotel revenue fell 1.5% to $437.8m, as contribution from new hotels were offset by oversupply and weak tourism in Singapore. Bottom line also impacted by absence of $10.9m gain recognized last year. Interim DPS of 4¢ maintained.
9.84
Buy tp 10.7x
sudden rebound from 9.58 to 9.77... power
http://www.malaysia-chronicle.com/index.php?option=com_k2& view=item& id=537652:housing-glut-to-worsen-until-2017-report& Itemid=3#axzz3dr2HJNtH
furthur weakening in propety mkt
The info is posted in this URL
http://www.ftse.com/products/indices/EPRA-NAREIT
 
Does anyone know if CityDev was removed form FTSE? Is the sell-down over? Thanks.
Relatively low  dividend yield and a share price higher than its book value makes this stock an unattractive investment compared to its peers in the property sector.
www.investark.com/Analysis49cdl1q15.html
Probably more to go downtrend next week, Â usually last around 4 to 6 weeks which other counters have gone thru, Â you can hold, Â hand will a bit aching
project opp raffles hotel is sucking up a lot of money and time and interest cost.....think they bgt that at peak
hence think they had to reorg W hotel and sentosa apt to raise some cash to help them tie over the above project
Most frustrating one you know who.... Q..
ahbenboy ( Date: 05-Jun-2015 14:06) Posted:
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yup. can explain for the benefit of those who dont know? (guilty of it)
Can please elaborate why this has caused a 50c drop?
 
hoc1881 ( Date: 05-Jun-2015 12:45) Posted:
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hai see nang.... those who follow to buy. If drop 50 cts every day, in 1 week will be half price.  Good luck
marubozu1688 ( Date: 18-Apr-2015 21:07) Posted:
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ftse ommission effective 22 June..11 day adv worth