CapitaLand   

Capitaland

Agreed 

Sharejunction please remove the thread or the original initiator 

 

This thread is history. Can move to CICT thread and then CLI thread when it is created :)

tguanhoc      ( Date: 10-Sep-2021 17:28) Posted: He could even be insane.

 

He could even be insane.  

 

Dear Adrian, 
Ignore him totally as if he has never existed.   His thinking is convoluted and meaningless close to the point of becoming senile.   I also think that he could have suffered immeasurably by huge losses in the stock market.   But that doesn' t give him inalienable right to pour cold water our others optimism. 

 

How to stop ?

I guess the best way is not to reply ?!?

What do u think ?

lukewong82      ( Date: 10-Sep-2021 15:08) Posted: Adrian, If you do not stop this spiky clown , I bet with you, he or she will contribute to CLI chatroom by destroying CLI chatroom and berating CLI      Don' t say I never warn you. I am referring to spike18 Spike18      ( Date: 09-Sep-2021 23:20) Posted: It was good that I was indisposed for the day as if I had responded earlier to the many posts of yours and they will be misconstrued.  I trust no one take advantage of the excellent opportunity to arbitrage - as at the time of the various posts, the prices were between 3.98 to 4.01 (if I match it to the 5 minutes chart) execute a buy order and concurrently place a sell at 4.09.        With the close of today' s trading, this chapter should come to an end.  Whoever is right or wrong does not matter (in any tangible way).  But, without starting all this saga all over again, I would like to state that I did not call for any sell down on the last day (I probably have written something to the effect the price should go down from the level at the time of my writing which was $4.08/09) and I would just like to put this episode to bed by recapping some points and pen down some learnings : ⦁ All that was said was if an opportunity is so definite and sweet, there will be a lot of takers.  This is not to say, the corporate action is not good nor  that the price of Capitaland or CLI will not rise.  Neither was there any suggestions that the companies are not good.  There was no statement on any of these.  We need to differentiate how a company perform and how its share price perform.  They are two different things and they may not be in sync.  This is the stock market. ⦁ Individuals investors have different preferences/different investment strategies as in this case (some may have gone along with the deal, some liquidate while others took up positions, some  prefer CICT or others CLI).  That is how a market works.    There is no right or wrong - for any transaction : there is a buy and a seller and both believe they have made the right decision.  ⦁ There are all kinds of people in this forum - individual who makes specific predictions (I am happy to learn that this will be avoided in future and would also assume the very specific call on CICT to be $2.35 in 5 weeks is no longer valid) and  there are people who has strong opinion and do not entertain any other views as well as the silent majority (probably, the smart ones who are reviewing all the relevant information).  For those who has an vested interest (be in financially or having made hard predictions, it is difficult for them to remain objective).  They read more than what was actually written.  They get upset - calling names and vile threats of legal action.  There is no need for that but to remember that this is just a forum.    ⦁ Participants in a specific topic  on this forum are definitely vested but their interests are different.  Their postings may be positive or negative with or without any intention to influence.  But, it is silly to believe that it will have any influence on the share price except trigger some thoughts in the reader or infuriate the uncouth.    ⦁ Even though the price did not reached as per consensus, it means nothing to the share prices of CLI or CICT going forward.  I also did not and will not make any statement on them (i.e. the prices) nor on the companies.  However, going forward, I do believe that they do present very good trading opportunities - some will reap rewards and some will face losses (paper or othewise - those who sits on shares bought at a very high price). Rewards will go to the ones who can read the market correctly.    ⦁ To profit from this, it is important to stay focus, rational and calm avoiding the many noises around.  Respect the market and not stick to your guns.  But, if maximisation of returns is not your objective, just hang on its sentimental value.  But, if returns maximisation is your objective, we have to do some work and look for the next Apple.  You may want to read a recent article in the Business Times on " where investors are putting their trillion of dollars" - property was not on their list.      Good luck to all ! p.s.  There was no request for any admission of being " wrong" and as such is not necessary. But, with so many justifications, it was hardly an  admission of being wrong.  To be precise there were at least three wrong calls  - wrong in the closing price (actually, the initial prediction was even higher at $ 4.25 made sometime last week or the week before), wrong that the price will move from 3.30 pm and wrong in the various stages of price movement until closing : This one is hilarious.  What was that about (cannot be a desperate attempt to talk up the price, right) ? How do you get that - I have reviewed the charts and don' t see that possibility ?    Who would the sellers/buyers be ? I find it extremely quite odd that for one who advocates not to look at the prices constantly, there was a post every few minutes.    I am equally surprised by the reasons for your conviction which was provided only after being prompted and not as advised earlier.  They are weak and it appears to be from a novice as we all should know that history does not repeat itself as the circumstances may be so different from past cases.  I would need  more details to understand how a share buyback would save delisting costs, what costs, to who and a detailed review of the share buyback mandate which I doubt would allow for this purpose.  To believe and expect a share buyback of this size at this late hour is absurd and would certainly attract immediate query from SGX.  Witholding the basis of your confidence and building the suspense until market close (I am still ticklish recalling those posts with count down) may also be viewed by some as attempt to influence.      If it is any consolation,  there was a day which I saw some sense in those bullish calls but after some intensive discussions with my investment group, that possibility was not supported.  Too many unknowns which was mentioned before but  the 2 main reasons against that proposal were (1) there is no party underwriting that price (implied or whatever it is called) and (2) one of our guy who charted both Capital Land and CICT declared that it will not be more than $ 4.02.  He will get a bottle of wine - the only winner in this saga.

 

Adrian, If you do not stop this spiky clown , I bet with you, he or she will contribute to CLI chatroom by destroying CLI chatroom
and berating CLI     

Don' t say I never warn you. I am referring to spike18

Spike18      ( Date: 09-Sep-2021 23:20) Posted: It was good that I was indisposed for the day as if I had responded earlier to the many posts of yours and they will be misconstrued.  I trust no one take advantage of the excellent opportunity to arbitrage - as at the time of the various posts, the prices were between 3.98 to 4.01 (if I match it to the 5 minutes chart) execute a buy order and concurrently place a sell at 4.09.        With the close of today' s trading, this chapter should come to an end.  Whoever is right or wrong does not matter (in any tangible way).  But, without starting all this saga all over again, I would like to state that I did not call for any sell down on the last day (I probably have written something to the effect the price should go down from the level at the time of my writing which was $4.08/09) and I would just like to put this episode to bed by recapping some points and pen down some learnings : ⦁ All that was said was if an opportunity is so definite and sweet, there will be a lot of takers.  This is not to say, the corporate action is not good nor  that the price of Capitaland or CLI will not rise.  Neither was there any suggestions that the companies are not good.  There was no statement on any of these.  We need to differentiate how a company perform and how its share price perform.  They are two different things and they may not be in sync.  This is the stock market. ⦁ Individuals investors have different preferences/different investment strategies as in this case (some may have gone along with the deal, some liquidate while others took up positions, some  prefer CICT or others CLI).  That is how a market works.    There is no right or wrong - for any transaction : there is a buy and a seller and both believe they have made the right decision.  ⦁ There are all kinds of people in this forum - individual who makes specific predictions (I am happy to learn that this will be avoided in future and would also assume the very specific call on CICT to be $2.35 in 5 weeks is no longer valid) and  there are people who has strong opinion and do not entertain any other views as well as the silent majority (probably, the smart ones who are reviewing all the relevant information).  For those who has an vested interest (be in financially or having made hard predictions, it is difficult for them to remain objective).  They read more than what was actually written.  They get upset - calling names and vile threats of legal action.  There is no need for that but to remember that this is just a forum.    ⦁ Participants in a specific topic  on this forum are definitely vested but their interests are different.  Their postings may be positive or negative with or without any intention to influence.  But, it is silly to believe that it will have any influence on the share price except trigger some thoughts in the reader or infuriate the uncouth.    ⦁ Even though the price did not reached as per consensus, it means nothing to the share prices of CLI or CICT going forward.  I also did not and will not make any statement on them (i.e. the prices) nor on the companies.  However, going forward, I do believe that they do present very good trading opportunities - some will reap rewards and some will face losses (paper or othewise - those who sits on shares bought at a very high price). Rewards will go to the ones who can read the market correctly.    ⦁ To profit from this, it is important to stay focus, rational and calm avoiding the many noises around.  Respect the market and not stick to your guns.  But, if maximisation of returns is not your objective, just hang on its sentimental value.  But, if returns maximisation is your objective, we have to do some work and look for the next Apple.  You may want to read a recent article in the Business Times on " where investors are putting their trillion of dollars" - property was not on their list.      Good luck to all ! p.s.  There was no request for any admission of being " wrong" and as such is not necessary. But, with so many justifications, it was hardly an  admission of being wrong.  To be precise there were at least three wrong calls  - wrong in the closing price (actually, the initial prediction was even higher at $ 4.25 made sometime last week or the week before), wrong that the price will move from 3.30 pm and wrong in the various stages of price movement until closing : This one is hilarious.  What was that about (cannot be a desperate attempt to talk up the price, right) ? How do you get that - I have reviewed the charts and don' t see that possibility ?    Who would the sellers/buyers be ? I find it extremely quite odd that for one who advocates not to look at the prices constantly, there was a post every few minutes.    I am equally surprised by the reasons for your conviction which was provided only after being prompted and not as advised earlier.  They are weak and it appears to be from a novice as we all should know that history does not repeat itself as the circumstances may be so different from past cases.  I would need  more details to understand how a share buyback would save delisting costs, what costs, to who and a detailed review of the share buyback mandate which I doubt would allow for this purpose.  To believe and expect a share buyback of this size at this late hour is absurd and would certainly attract immediate query from SGX.  Witholding the basis of your confidence and building the suspense until market close (I am still ticklish recalling those posts with count down) may also be viewed by some as attempt to influence.      If it is any consolation,  there was a day which I saw some sense in those bullish calls but after some intensive discussions with my investment group, that possibility was not supported.  Too many unknowns which was mentioned before but  the 2 main reasons against that proposal were (1) there is no party underwriting that price (implied or whatever it is called) and (2) one of our guy who charted both Capital Land and CICT declared that it will not be more than $ 4.02.  He will get a bottle of wine - the only winner in this saga.        Adrianinsing      ( Date: 09-Sep-2021 18:32) Posted: If you want to know why I was confident ( not that it matters now ):- 1. The common perception upon announcement of delisting was $4.102       and I wrongly thought it would meet that. 2. The norm for such delisting in most companies is that it closes very strong        post market  3. CapitaLand had visited $4.10 on 5 occasions and even $4.12 and it was my       expectation that these were part a process of establishing a marker price        for the eventual close  4.   I was under the impression that CapitaLand would save a lot of delisting payouts       by  buying back it' s own shares ( which legally it was entitled to do ) 5.   I was convinced that many shorts had not coveted and would have to cover by        market close today

 

If you do not stop this spiky clown , I bet with you, he or she will contribute to CLI chatroom by destroying CLI chatroom
and berating CLI   

Don' t say I never warn you. I am referring to spike18

tguanhoc      ( Date: 10-Sep-2021 12:39) Posted: Dear Luke Wong, Adrian' s optimism that CAPLAND would close at $4.10 at the end of trading before suspension was simply based on rational thinking and on fundamentals.   However the negative market sentiments and volatility for September of the global market especially the US exchange and Xi' s premeditated crackdown of Chinese companies to enforce sharing of wealth within China had overwhelmed reality.  Xi' s actions might seem brutal but I believe that he was also concerned about the overheating of the stock market for Chinese listed companies.   This abnormality has resulted in the sudden increase of the number of Chinese billionaires who may be motivated by the sudden windfalll of wealth for themselves rather than their fatherland China who has given them the golden opportunity to become billionaires.   Some of these Chinese billionaires have also emigrated to evade taxes.

 

After all the battles and nonsensical in fighting, let me post something factual and the historical timeline of this soon to be wonder stock. I have said many times, it will fill the void of the once market darling, City Development.. Eventually you will see it soar to greater heights based on fundamentals and strong market sentiments, and not on any one' s fancy and fantasy.....

A timeline of CapitaLand

CAPITALAND  was formed in 2000 from the merger of Pidemco Land and DBS Land. Since then, the company has reinvented itself consistently over the past two decades.

Ahead of the index stock' s  Sept 10 suspension from trading, we recap some of the group' s most iconic moves on the Singapore Exchange (SGX) in recent years.

April 2008: The Ascott Group
Ascott became CapitaLand' s wholly-owned subsidiary upon its privatisation and delisting. CapitaLand' s Somerset Capital launched the offer at S$1.73 a share, valuing the serviced-residence operator at S$2.8 billion.

July 2014: CapitaMalls Asia (CMA)
CapitaLand  gained full control of its mall unit CMA and privatised it, five years after CMA' s Singapore listing in November 2009. At the time of delisting, CMA managed 105 shopping centres.

June 2019: Ascendas-Singbridge
The group completed its  S$11 billion acquisition of Ascendas-Singbridge, a subsidiary of Temasek which managed three Singapore-listed real estate investment trusts (Reits): Ascendas Reit, Ascendas India Trust and Ascendas Hospitality Trust.

Jan 2020: Ascott Residence Trust
The wholly-owned subsidiary of CapitaLand began trading as a combined entity on the SGX after its  merger with Ascendas Hospitality Trust to form a hospitality stapled group.

November 2020: CapitaLand Integrated Commercial Trust (CICT)
CapitaLand completed the merger between CapitaLand Mall Trust (CMT) and CapitaLand Commercial Trust (CCT), with  CCT delisted and CMT renamed to CICT.

September 2021: CapitaLand Investment (CLI)
CLI, CapitaLand' s fund-management and property-investment business, is expected to list and commence trading on Sept 20 following the group' s delisting from the SGX. This comes as part of  CapitaLand' s latest restructuring move, which will see CapitaLand Development operate as a separate entity from CLI as the privately held development arm of the group.

 

 

Invesment into stock market is not meant for those faint hearted individuals with great expectation of glorified short term profits.   This is an elusive dream like living in the world of Casino, TOTO and 4-D, which you may win big once or twice but eventually lose them all because of greed and fuse blown impatience.  

Careful due diligence and systems understanding of the global market are homework that must be carefully done before taking a plunge into strategic investment.   Life is never a bed of roses and money will never grow on trees for easy plucking.  

 

As I said before, CLI is a strategic investment and not meant for short term retail investors gunning only for short term profits.   These short term successful retail tacticians like Spike 18 should stay clear to deliberately downplay the value of CLI because they will kick themselves if CLI succeeds.   After all, there are so many other SGX stocks like the elusive and somewhat unpredictable SPH and other global stock market like Wall Street to make short term profits that fit their risk appetite.  

 

 

Dear Luke Wong,

Adrian' s optimism that CAPLAND would close at $4.10 at the end of trading before suspension was simply based on rational thinking and on fundamentals.   However the negative market sentiments and volatility for September of the global market especially the US exchange and Xi' s premeditated crackdown of Chinese companies to enforce sharing of wealth within China had overwhelmed reality. 
Xi' s actions might seem brutal but I believe that he was also concerned about the overheating of the stock market for Chinese listed companies.   This abnormality has resulted in the sudden increase of the number of Chinese billionaires who may be motivated by the sudden windfalll of wealth for themselves rather than their fatherland China who has given them the golden opportunity to become billionaires.   Some of these Chinese billionaires have also emigrated to evade taxes. 

 

Keke, this spiky clown after disturb  Medtecs Intl        thread come here and spout nonsense     
Capitaland thread really suay.

Spike18      ( Date: 09-Sep-2021 23:20) Posted: It was good that I was indisposed for the day as if I had responded earlier to the many posts of yours and they will be misconstrued.  I trust no one take advantage of the excellent opportunity to arbitrage - as at the time of the various posts, the prices were between 3.98 to 4.01 (if I match it to the 5 minutes chart) execute a buy order and concurrently place a sell at 4.09.        With the close of today' s trading, this chapter should come to an end.  Whoever is right or wrong does not matter (in any tangible way).  But, without starting all this saga all over again, I would like to state that I did not call for any sell down on the last day (I probably have written something to the effect the price should go down from the level at the time of my writing which was $4.08/09) and I would just like to put this episode to bed by recapping some points and pen down some learnings : ⦁ All that was said was if an opportunity is so definite and sweet, there will be a lot of takers.  This is not to say, the corporate action is not good nor  that the price of Capitaland or CLI will not rise.  Neither was there any suggestions that the companies are not good.  There was no statement on any of these.  We need to differentiate how a company perform and how its share price perform.  They are two different things and they may not be in sync.  This is the stock market. ⦁ Individuals investors have different preferences/different investment strategies as in this case (some may have gone along with the deal, some liquidate while others took up positions, some  prefer CICT or others CLI).  That is how a market works.    There is no right or wrong - for any transaction : there is a buy and a seller and both believe they have made the right decision.  ⦁ There are all kinds of people in this forum - individual who makes specific predictions (I am happy to learn that this will be avoided in future and would also assume the very specific call on CICT to be $2.35 in 5 weeks is no longer valid) and  there are people who has strong opinion and do not entertain any other views as well as the silent majority (probably, the smart ones who are reviewing all the relevant information).  For those who has an vested interest (be in financially or having made hard predictions, it is difficult for them to remain objective).  They read more than what was actually written.  They get upset - calling names and vile threats of legal action.  There is no need for that but to remember that this is just a forum.    ⦁ Participants in a specific topic  on this forum are definitely vested but their interests are different.  Their postings may be positive or negative with or without any intention to influence.  But, it is silly to believe that it will have any influence on the share price except trigger some thoughts in the reader or infuriate the uncouth.    ⦁ Even though the price did not reached as per consensus, it means nothing to the share prices of CLI or CICT going forward.  I also did not and will not make any statement on them (i.e. the prices) nor on the companies.  However, going forward, I do believe that they do present very good trading opportunities - some will reap rewards and some will face losses (paper or othewise - those who sits on shares bought at a very high price). Rewards will go to the ones who can read the market correctly.    ⦁ To profit from this, it is important to stay focus, rational and calm avoiding the many noises around.  Respect the market and not stick to your guns.  But, if maximisation of returns is not your objective, just hang on its sentimental value.  But, if returns maximisation is your objective, we have to do some work and look for the next Apple.  You may want to read a recent article in the Business Times on " where investors are putting their trillion of dollars" - property was not on their list.      Good luck to all ! p.s.  There was no request for any admission of being " wrong" and as such is not necessary. But, with so many justifications, it was hardly an  admission of being wrong.  To be precise there were at least three wrong calls  - wrong in the closing price (actually, the initial prediction was even higher at $ 4.25 made sometime last week or the week before), wrong that the price will move from 3.30 pm and wrong in the various stages of price movement until closing : This one is hilarious.  What was that about (cannot be a desperate attempt to talk up the price, right) ? How do you get that - I have reviewed the charts and don' t see that possibility ?    Who would the sellers/buyers be ? I find it extremely quite odd that for one who advocates not to look at the prices constantly, there was a post every few minutes.    I am equally surprised by the reasons for your conviction which was provided only after being prompted and not as advised earlier.  They are weak and it appears to be from a novice as we all should know that history does not repeat itself as the circumstances may be so different from past cases.  I would need  more details to understand how a share buyback would save delisting costs, what costs, to who and a detailed review of the share buyback mandate which I doubt would allow for this purpose.  To believe and expect a share buyback of this size at this late hour is absurd and would certainly attract immediate query from SGX.  Witholding the basis of your confidence and building the suspense until market close (I am still ticklish recalling those posts with count down) may also be viewed by some as attempt to influence.      If it is any consolation,  there was a day which I saw some sense in those bullish calls but after some intensive discussions with my investment group, that possibility was not supported.  Too many unknowns which was mentioned before but  the 2 main reasons against that proposal were (1) there is no party underwriting that price (implied or whatever it is called) and (2) one of our guy who charted both Capital Land and CICT declared that it will not be more than $ 4.02.  He will get a bottle of wine - the only winner in this saga.        Adrianinsing      ( Date: 09-Sep-2021 18:32) Posted: If you want to know why I was confident ( not that it matters now ):- 1. The common perception upon announcement of delisting was $4.102       and I wrongly thought it would meet that. 2. The norm for such delisting in most companies is that it closes very strong        post market  3. CapitaLand had visited $4.10 on 5 occasions and even $4.12 and it was my       expectation that these were part a process of establishing a marker price        for the eventual close  4.   I was under the impression that CapitaLand would save a lot of delisting payouts       by  buying back it' s own shares ( which legally it was entitled to do ) 5.   I was convinced that many shorts had not coveted and would have to cover by        market close today

 

Grade A GP, indeed !
Or put it simply, the life of dream chasers in casino.
If you see someone bet big time Big, don' t ever shout too loud Small. And vice versa.
Meantime, make love and not war during the process.
End of the day, no one wants to be carried out of the casino or stock market horizontally.
 

Spike18      ( Date: 09-Sep-2021 23:20) Posted: It was good that I was indisposed for the day as if I had responded earlier to the many posts of yours and they will be misconstrued.  I trust no one take advantage of the excellent opportunity to arbitrage - as at the time of the various posts, the prices were between 3.98 to 4.01 (if I match it to the 5 minutes chart) execute a buy order and concurrently place a sell at 4.09.        With the close of today' s trading, this chapter should come to an end.  Whoever is right or wrong does not matter (in any tangible way).  But, without starting all this saga all over again, I would like to state that I did not call for any sell down on the last day (I probably have written something to the effect the price should go down from the level at the time of my writing which was $4.08/09) and I would just like to put this episode to bed by recapping some points and pen down some learnings : ⦁ All that was said was if an opportunity is so definite and sweet, there will be a lot of takers.  This is not to say, the corporate action is not good nor  that the price of Capitaland or CLI will not rise.  Neither was there any suggestions that the companies are not good.  There was no statement on any of these.  We need to differentiate how a company perform and how its share price perform.  They are two different things and they may not be in sync.  This is the stock market. ⦁ Individuals investors have different preferences/different investment strategies as in this case (some may have gone along with the deal, some liquidate while others took up positions, some  prefer CICT or others CLI).  That is how a market works.    There is no right or wrong - for any transaction : there is a buy and a seller and both believe they have made the right decision.  ⦁ There are all kinds of people in this forum - individual who makes specific predictions (I am happy to learn that this will be avoided in future and would also assume the very specific call on CICT to be $2.35 in 5 weeks is no longer valid) and  there are people who has strong opinion and do not entertain any other views as well as the silent majority (probably, the smart ones who are reviewing all the relevant information).  For those who has an vested interest (be in financially or having made hard predictions, it is difficult for them to remain objective).  They read more than what was actually written.  They get upset - calling names and vile threats of legal action.  There is no need for that but to remember that this is just a forum.    ⦁ Participants in a specific topic  on this forum are definitely vested but their interests are different.  Their postings may be positive or negative with or without any intention to influence.  But, it is silly to believe that it will have any influence on the share price except trigger some thoughts in the reader or infuriate the uncouth.    ⦁ Even though the price did not reached as per consensus, it means nothing to the share prices of CLI or CICT going forward.  I also did not and will not make any statement on them (i.e. the prices) nor on the companies.  However, going forward, I do believe that they do present very good trading opportunities - some will reap rewards and some will face losses (paper or othewise - those who sits on shares bought at a very high price). Rewards will go to the ones who can read the market correctly.    ⦁ To profit from this, it is important to stay focus, rational and calm avoiding the many noises around.  Respect the market and not stick to your guns.  But, if maximisation of returns is not your objective, just hang on its sentimental value.  But, if returns maximisation is your objective, we have to do some work and look for the next Apple.  You may want to read a recent article in the Business Times on " where investors are putting their trillion of dollars" - property was not on their list.      Good luck to all ! p.s.  There was no request for any admission of being " wrong" and as such is not necessary. But, with so many justifications, it was hardly an  admission of being wrong.  To be precise there were at least three wrong calls  - wrong in the closing price (actually, the initial prediction was even higher at $ 4.25 made sometime last week or the week before), wrong that the price will move from 3.30 pm and wrong in the various stages of price movement until closing : This one is hilarious.  What was that about (cannot be a desperate attempt to talk up the price, right) ? How do you get that - I have reviewed the charts and don' t see that possibility ?    Who would the sellers/buyers be ? I find it extremely quite odd that for one who advocates not to look at the prices constantly, there was a post every few minutes.    I am equally surprised by the reasons for your conviction which was provided only after being prompted and not as advised earlier.  They are weak and it appears to be from a novice as we all should know that history does not repeat itself as the circumstances may be so different from past cases.  I would need  more details to understand how a share buyback would save delisting costs, what costs, to who and a detailed review of the share buyback mandate which I doubt would allow for this purpose.  To believe and expect a share buyback of this size at this late hour is absurd and would certainly attract immediate query from SGX.  Witholding the basis of your confidence and building the suspense until market close (I am still ticklish recalling those posts with count down) may also be viewed by some as attempt to influence.      If it is any consolation,  there was a day which I saw some sense in those bullish calls but after some intensive discussions with my investment group, that possibility was not supported.  Too many unknowns which was mentioned before but  the 2 main reasons against that proposal were (1) there is no party underwriting that price (implied or whatever it is called) and (2) one of our guy who charted both Capital Land and CICT declared that it will not be more than $ 4.02.  He will get a bottle of wine - the only winner in this saga.        Adrianinsing      ( Date: 09-Sep-2021 18:32) Posted: If you want to know why I was confident ( not that it matters now ):- 1. The common perception upon announcement of delisting was $4.102       and I wrongly thought it would meet that. 2. The norm for such delisting in most companies is that it closes very strong        post market  3. CapitaLand had visited $4.10 on 5 occasions and even $4.12 and it was my       expectation that these were part a process of establishing a marker price        for the eventual close  4.   I was under the impression that CapitaLand would save a lot of delisting payouts       by  buying back it' s own shares ( which legally it was entitled to do ) 5.   I was convinced that many shorts had not coveted and would have to cover by        market close today

 

Hindsight is wonderful 

Of all the contributors on the forum you should not be 
being cynical about me - I was the only one who warned 
you of legal ramification and I was the only one who said that 
you had the right to your alternative perspective. 

As for the countdown it was just fun not influencing- and actually  
the timing of the " 1" was exactly the time one million was taken 
from the seller if u check back.

Thete is a danger in this forum of people taking themselves too 
seriously and of not knowing who their friends are 

As CapitaLand has been delisted I see no point in this chat room so 
I will contribute to a CLI chdtroom

Thi was my last post in this room

 

Adrianinsing      ( Date: 09-Sep-2021 18:32) Posted: If you want to know why I was confident ( not that it matters now ):- 1. The common perception upon announcement of delisting was $4.102       and I wrongly thought it would meet that. 2. The norm for such delisting in most companies is that it closes very strong        post market  3. CapitaLand had visited $4.10 on 5 occasions and even $4.12 and it was my       expectation that these were part a process of establishing a marker price        for the eventual close  4.   I was under the impression that CapitaLand would save a lot of delisting payouts       by  buying back it' s own shares ( which legally it was entitled to do ) 5.   I was convinced that many shorts had not coveted and would have to cover by        market close today  stanleytay      ( Date: 09-Sep-2021 18:05) Posted: Ok.. so this is your explanation. I was just curious how come you so confident that it will close 4.10.

 

Overall market is down, so it is not unexpected that it could not close near $4.10. But should bounce back in a month' s time

 

Adding fuel to the fire is Xi' s relentless crackdown of large listed Chinese tech Companies with his own separate agenda to share wealth within China and most obvious to put a grinding halt to runaway Chinese billionaires who may not be contributing taxes directly to and jobs employment directly in   China.   Xi' s premeditated actions are somewhat unpredictable as to which industry he would be or not targeting.   But hopefully he will come to his common senses soon. 

These series of crackdown have definitely added downward pressure on global market in Asia. 

 

 

 

If you want to know why I was confident ( not that it matters now ):-

1. The common perception upon announcement of delisting was $4.102
      and I wrongly thought it would meet that.

2. The norm for such delisting in most companies is that it closes very strong 
      post market 

3. CapitaLand had visited $4.10 on 5 occasions and even $4.12 and it was my
      expectation that these were part a process of establishing a marker price 
      for the eventual close 

4.   I was under the impression that CapitaLand would save a lot of delisting payouts
      by  buying back it' s own shares ( which legally it was entitled to do )

5.   I was convinced that many shorts had not coveted and would have to cover by 
      market close today 

stanleytay      ( Date: 09-Sep-2021 18:05) Posted: Ok.. so this is your explanation. I was just curious how come you so confident that it will close 4.10. Adrianinsing      ( Date: 09-Sep-2021 17:11) Posted: Ok I was wrong I am extremely surprised that it could not close at $4.10 It suggests that the company was happy with $4 I was correct on the buying at the end but felt sure it would be far more aggressive  Does not mean that Spike18 was correct though as there was no massive sell off today  Again I accept that I was wrong and take my hat off to those of you who said that  overall sentiment including Dow Futures was weighing on the price  I am still very optimistic that CLI will be a massive success and I held on to my shares  today in the expectation that CLI will go up  However, I will refrain from making a prediction on the first day price of CLI Have a great weekend all 😊 😊

 

Ok.. so this is your explanation. I was just curious how come you so confident that it will close 4.10.

Adrianinsing      ( Date: 09-Sep-2021 17:11) Posted: Ok I was wrong I am extremely surprised that it could not close at $4.10 It suggests that the company was happy with $4 I was correct on the buying at the end but felt sure it would be far more aggressive  Does not mean that Spike18 was correct though as there was no massive sell off today  Again I accept that I was wrong and take my hat off to those of you who said that  overall sentiment including Dow Futures was weighing on the price  I am still very optimistic that CLI will be a massive success and I held on to my shares  today in the expectation that CLI will go up  However, I will refrain from making a prediction on the first day price of CLI Have a great weekend all 😊 😊 Adrianinsing      ( Date: 09-Sep-2021 16:56) Posted: 5-4-3-2-1 ... for the $4.0