CAPITALAND - UNDERVALUED WITH AVG 30% UPSIDE TARGET

As of Oct 01, 2013, the consensus forecast amongst 30 polled investment analysts covering CapitaLand Limited advises that the company will outperform the market. This has been the consensus forecast which investors should take close note of .


The 22 analysts offering 12 month price targets for CapitaLand Limited have a median target of $4.155 with a high estimate of $4.53 and a low estimate of $3.30 The median estimate represents a 35.78% increase from the last price of $3.06

why many people bother to look at pennies which are covered only by 2-3 analysts

And they never see big blue chips like Capitaland coverd by almost 30 analysts with a single same mindset of BULLISH call for Capitaland .

watch this bull rocket up towards year end closing , as funds need to close up on FY 2013 portfolio with stellar performance .

technical chart and indicators pointing to a breakout for capitaland with first target resistance at around $3.50

Developers sold 65 per cent more new private homes in September compared to August.


Excluding executive condominiums, 1,246 units of new private homes were sold in September, up from 756 in August, according to data from the Urban Redevelopment Authority (URA).

In response to queries from Channel NewsAsia, URA said sales of new private homes in August was re-stated from 1,421 units to 756 units, due to late submission of caveats by developers.


Developers had launched 1,806 units of new homes for sale in September

strong accumulation above 3.20

wait for first resistance at around 3.50