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CapitaMalls Asia

CapitaMalls Asia

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egghead Offline
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#171
14-04-2014, 03:01 PM
Totally caught by surprise but not a bad outcome for me. The offer of $2.22 is conditional upon getting 90% acceptance less $0.0175 dividend.
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opmi Offline
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#172
14-04-2014, 03:05 PM
Just when the malls are getting matured.....another example of misalignment of interests when substantial shareholders make
an Offer..
"... but quitting while you're ahead is not the same as quitting." - Quote from the movie American Gangster
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kikababoo Offline
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#173
14-04-2014, 03:11 PM
(14-04-2014, 03:05 PM)opmi Wrote: Just when the malls are getting matured.....another example of misalignment of interests when substantial shareholders make
an Offer..

nth much we can do abt that though.
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Temperament Offline
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#174
14-04-2014, 03:16 PM
My wife and i have been allotted one lot each since IPO. What's the IPO price again?
WB:-

1) Rule # 1, do not lose money.
2) Rule # 2, refer to # 1.
3) Not until you can manage your emotions, you can manage your money.

Truism of Investments.
A) Buying a security is buying RISK not Return
B) You can control RISK (to a certain level, hopefully only.) But definitely not the outcome of the Return.

NB:-
My signature is meant for psychoing myself. No offence to anyone. i am trying not to lose money unnecessary anymore.
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kbl Offline
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#175
14-04-2014, 03:27 PM (This post was last modified: 14-04-2014, 03:30 PM by kbl.)
(14-04-2014, 03:16 PM)Temperament Wrote: My wife and i have been allotted one lot each since IPO. What's the IPO price again?

Hi Uncle Temperament,

Listing date- 25th Nov 2009

IPO Price-$2.12

http://www.sgx.com/wps/portal/sgxweb/hom...BQ4BVU1CB7
Not a call to Buy or Sell

Mr Bump: All I Can Smell Is My FEAR
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egghead Offline
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#176
14-04-2014, 04:05 PM
(14-04-2014, 03:05 PM)opmi Wrote: Just when the malls are getting matured.....another example of misalignment of interests when substantial shareholders make
an Offer..

To be fair, the market has hardly accorded CMA fair valuation since IPO.
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opmi Offline
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#177
14-04-2014, 04:11 PM
(14-04-2014, 04:05 PM)egghead Wrote:
(14-04-2014, 03:05 PM)opmi Wrote: Just when the malls are getting matured.....another example of misalignment of interests when substantial shareholders make
an Offer..

To be fair, the market has hardly accorded CMA fair valuation since IPO.

I disagree.

what the value Mr Market give to CMA has nothing to do with its instrinsic value.

CMA can wait for the malls to mature and divest them to its REITs AND share the fruits with ALL shareholders.
"... but quitting while you're ahead is not the same as quitting." - Quote from the movie American Gangster
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Temperament Offline
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#178
14-04-2014, 04:11 PM
(14-04-2014, 04:05 PM)egghead Wrote:
(14-04-2014, 03:05 PM)opmi Wrote: Just when the malls are getting matured.....another example of misalignment of interests when substantial shareholders make
an Offer..

To be fair, the market has hardly accorded CMA fair valuation since IPO.
Ya lol! i have been wondering why too. Now Capitaland takes action then what?
WB:-

1) Rule # 1, do not lose money.
2) Rule # 2, refer to # 1.
3) Not until you can manage your emotions, you can manage your money.

Truism of Investments.
A) Buying a security is buying RISK not Return
B) You can control RISK (to a certain level, hopefully only.) But definitely not the outcome of the Return.

NB:-
My signature is meant for psychoing myself. No offence to anyone. i am trying not to lose money unnecessary anymore.
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egghead Offline
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#179
14-04-2014, 04:22 PM
I understand your point. I would have preferred to see value being realized like you suggested over time - that was why I keep CMA until now; but considering the interest rate environment and the need for REITs to make DPU accretive acquisition, I don't see that happening anytime soon.
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opmi Offline
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#180
14-04-2014, 04:31 PM
(14-04-2014, 04:22 PM)egghead Wrote: I understand your point. I would have preferred to see value being realized like you suggested over time - that was why I keep CMA until now; but considering the interest rate environment and the need for REITs to make DPU accretive acquisition, I don't see that happening anytime soon.

CAPL own REITS is one of many potential buyers. e.g. SWFs, and insurance funds and pension funds dont need financing and dont have to make accretive acqs..

Watch out what CAPL will do with CMA assets in 2 years time...
"... but quitting while you're ahead is not the same as quitting." - Quote from the movie American Gangster
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