The Trading Floor - June 2017

Discussion in 'The Trading Floor' started by nottibird, May 31, 2017.


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  1. nottibird

    nottibird Moderator

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    Wilmar...

    Hit 3.52 and bounced. Now 3.58 : 3.59.
    Supported by her 200-ema? aa5da2 (2).gif

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  2. nottibird

    nottibird Moderator

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    CONGRATS.
     
  3. nottibird

    nottibird Moderator

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    Yup. The month where REITs will be bought by institutional and retail investors for their dividends and stock price appreciation.
    Rise into the month of July, they certainly will. But whether they will do a pullback first, is the unknown.
     
  4. lexanne

    lexanne Well-Known Member

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    Good morning, snipers!
    Unjeeped STE at 3.72 for 3 bids at closing yesterday.
     
  5. plutus2

    plutus2 Well-Known Member

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    Good morning snipers.. new month
     
  6. nottibird

    nottibird Moderator

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  7. Amator

    Amator Well-Known Member

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    SINGAPORE (June 1): CapitaLand says it has agreed to buy Guozheng Center, a newly completed office development in Yangpu District, Shanghai, China, for RMB2.64 billion ($535 million).

    Based on total gross floor area (GFA) of 80,701 sqm, the price translates to an investment of RMB32,713 ($6,628) per sqm.

    CapitaLand will also be divesting Innov Tower, an eight-year-old office building located in Shanghai's Xuhui District, to an unrelated party at RMB1.56 billion ($316 million).

    This works out to RMB38,500 ($7,800) per sqm based on the total GFA of 40,445 sqm.

    The divestment is expected to generate net profits of about $85 million.

    Lim Ming Yan, President and Group CEO of CapitaLand, says, “The divestment of Innov Tower allows us to unlock and realise the value of a stabilised asset at an optimal stage of its life cycle, while the acquisition of Guozheng Center allows us to immediately redeploy the capital to another quality income-generating asset.”
     
  8. nottibird

    nottibird Moderator

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    Dow is still having menses.

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  9. nottibird

    nottibird Moderator

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    SELL IN MAY & GO AWAY .................has gone away.
    Whether JUNE IS LOON ........ is something for us to find out.
    LOON is not a dirty word hor.
    LOON can also mean LOON DONT SELL TOO EARLY one hor. aa1b (1).gif

    EVERYBODY HERE HUAT arrrrrrrrrrrr !!!!!!!!!!!!!!!!!

    aa120.gif
     
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