Today it has managed to do a Gap up and close well at $3.51 , up 4 cents, coupled with high volume this is rather bullish!
Short term wise, I think it may likely move up to re-attempt $3.53 again. Breaking out of $3.53 with ease + good volume that may propel to drive the price higher towards $3.60 with extension to $3.67.
NAV $4.54.
Dividend of 12 cents.
Yield 3.4%
PE 8.35
Not a call to buy or sell.
Pls dyodd.
CapitaLand Limited, together with its subsidiaries, develops, owns, and manages real estate properties in Singapore, North America, Europe, Asia, the United Kingdom, and internationally. The company operates through CapitaLand Singapore, CapitaLand China, CapitaLand Vietnam, and CapitaLand International segments. Its real estate portfolio includes integrated developments, shopping malls, lodging, offices, homes, and real estate investment trusts and funds. CapitaLand Limited also invests in real estate financial products and assets; and provides investment advisory and management services, as well as real estate asset management services. The company was formerly known as Pidemco Land Limited and changed its name to CapitaLand Limited in November 2000. CapitaLand Limited was founded in 1989 and is headquartered in Singapore.
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