Golden cross on CAPITALAND INVESTMENT 9C150 crossed above 100 and 200 first time in awhile need to see a convincing support level established above 2.9$ area before rebound to break long time resistance at $3.2 TP to watch is $3.5Longby Gold_D_RogerUpdated 1
CAPITALAND Investments (9C1) - BUY!BUY: $2.8 - $2.95 TP: $3.44 $3.68 CapitaLand Investment will be a major beneficiary of lower rates from income growth for its REIT holdings and enabling accretive fee transactions. Another positive is the massive re-rating of China following the recent monetary stimulus by the central bank and support by the Politburo will benefit the economy indirectly. Similar to the Fed’s quantitative easing, it will be the wealth effect of higher equity and bond prices that boosts confidence and spending. It also encourages borrowing as households and private enterprises are deleveraging despite the record-low interest rates. Personally. I am buying and holding for my long term dividends portfolio.Longby Gold_D_Roger1
Capitaland Investments Share Price Soars Following CLCT's 50% AcCapitaland Investments' share price surged today after its managed fund, Capitaland Integrated Commercial Trust, announced a 50% acquisition of its portfolio property, Ion Orchard. The share price has experienced two fake breakouts in the past, with the latest breakout occurring two days before the acquisition announcement. Let's see whether the share price can sustain this momentum.Longby ZhengQian112