Capland Investment - She may rise up to reclaim 3.20! Results update will be out on 6th November!
Pls dyodd.
9th October 2024:
Today, 9th October, the company bought back a few hundreds share at 2.98, looks like gd price is back! Pls dyodd. Went to Bangkok Hawker Centres and bought back some foods from there, buay pai! Lai ah, jiak!
CapitaLandInvest - She is gaining strength likely rise up to reclaim 3.20 again!
A nice breakout with ease we may see her rising up further towards 3.50!
Pls dyodd.
27th September 2024:
CapitaLandInvest - Wow! Nice breakout at 3.07 likely to sail ahead to test 3.20 and above!
Beyond 3.20, she may rise up to test 3.30, 3.40 than 3.50.
Pls dyodd.
19th September 2024:
She is rising up to retest the recent high of 3.07.
A nice crossing over with ease would likely see her rising up further towards 3.17 and above.
Pls dyodd.
19th September 2024:
CapitaLand Investment (9CI.SI) - Interest rate cut 0.5 percent, very fierce move ! They are very eager to boost the labor market and at the same time inflation is coming down towards the 2 percent targets! Hopefully gd reit will continue to rise up with this piece of gd news!
Quote:
The Federal Open Market Committee chose to lower its key overnight borrowing rate by a half percentage point, or 50 basis points, amid signs that inflation was moderating and the labor market was weakening.
Chart wise, bullish mode!
She is likely to continue to rise up to retest 2.99-3.00.
Beyond 3.00, we may see her testing 3.10 than 3.20 and 3.35.
Pls dyodd.
16th September 2024:
CapitaLandInvest (9CI.SI) - Hosey! Breakout of 2.90! Pathing way for her to test 3.00 and above.
Beyond 3.01, we may see her rising up further towards 3.10 than 3.20.
Pls dyodd.
6th September 2024:
CapLand Investment - The divestment of IoN and IoN Orchard link to CICT at 1.85b likely booked a once off gains and hopefully they may pay out some as Special dividend!
Price gap up and is now trading at 2.81 Fantastic!
Next, we may see her revisiting 3.00.
Pls dyodd.
CICT new acquisition of 50% ION and ION Orchard Link likely benefits with more management fees. She is up 6 cents to 2.75, this is rather positive! Pls dyodd.
26th August 2024:
The Gapped has been covered, awesome! She is rising up towards 2.76 than 2.84. Pls dyodd.
26th August 2024 update:
CapitaLand Investmen (9CI.SI) - Today she has manged to rise up to 2.66 to momentarily covered the Gapped at 2.66 looks rather interesting! Within the the few days I think high probability she may likely cross over this Gap decisively! Do take note!
A nice breakout smoothly would likely see her testing 2.70 than 2.84 and above!
Pls dyodd.
16th August 2024 update:
CapitaLandInvest (9CI.SI) - She has managed to bounce-off from 2.42 and is now trading at 2.56, looks rather interesting!
She is rising up to test 2.60 than 2.66! Pls dyodd.
The company also bought back share on 14th August.
NAV is about 2.70+.
14th August 2024:
CapitaLand Investment H1 profit falls 6% to S$331 million
Revenue is up 1 per cent to S$1.37 billion for the half year
CAPITALAND Investment (CLI) posted a 6 per cent fall in net profit to S$331 million for the six months ended Jun 30, from S$351 million the year before.
CLI’s earnings per share for H1 also declined 6 per cent to S$0.065, from S$0.069 previously.
Revenue was up 1 per cent to S$1.37 billion for the half year, from S$1.35 billion in the corresponding period the previous year.
The group’s performance comes against the backdrop of a challenging operating environment, with higher-for-longer interest rates, geopolitical tensions and macroeconomic uncertainties, CLI’s group chief executive officer Lee Chee Koon said on Wednesday (Aug 14) at a results briefing.
For instance, fee-related revenue rose 8 per cent year on year to S$561 million for the half-year period, from S$519 million a year ago.
CLI said this was underpinned by improved asset performance and contributions from new management contracts in its lodging and commercial management business. Its fund management business also contributed to the revenue growth, on the back of higher event-driven fees.
The growth in fee-related revenue was, however, offset by the group’s real estate investment segment, which recorded a 2 per cent dip to S$911 million, from S$932 million the previous year.
