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You are quoting an Aug-20 posting ...
Spike18 ( Date: 12-Apr-2021 10:35) Posted:
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Careful - potentially fake news as I cannot find any Capitaland shares that are prices below S$ 3 !
allen19 ( Date: 14-Aug-2020 10:21) Posted:
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(Bloomberg Intelligence) -- CapitaLand' s property sales in China could gradually recover from Covid-19 and remain its dominant revenue contributor this year.
The developer had S$134.7 billion in real estate assets under management as of end-1H, with China comprising 42%. It has already secured 18.2 billion yuan in sales from about 7,800 housing units in China. About 70% of the related revenue will be booked in 2H, with the rest recognized in the coming years. CapitaLand has a robust pipeline of 4,440 apartments for sale in 2H.
CapitaLand' s Singapore home sales could be higher in 2H vs. just S$60 million in 1H due to the country' s virus lockdown. Its sales pipeline remains strong, including 934 unsold units from One Pearl Bank and Sengkang Grand Residences.
Fundamentally, it looks stronger than before. Technically, we are also seeing price surpass the 23.6 fib retracement, which we deem as upside confirmation.
The developer had S$134.7 billion in real estate assets under management as of end-1H, with China comprising 42%. It has already secured 18.2 billion yuan in sales from about 7,800 housing units in China. About 70% of the related revenue will be booked in 2H, with the rest recognized in the coming years. CapitaLand has a robust pipeline of 4,440 apartments for sale in 2H.
CapitaLand' s Singapore home sales could be higher in 2H vs. just S$60 million in 1H due to the country' s virus lockdown. Its sales pipeline remains strong, including 934 unsold units from One Pearl Bank and Sengkang Grand Residences.
Fundamentally, it looks stronger than before. Technically, we are also seeing price surpass the 23.6 fib retracement, which we deem as upside confirmation.