Investment Theme: The Land Element
Recently, there has been some talk that the government could be easing off the property measures that were put in place to cool the market and that has seem to make the property counters move positively. ACCICB has been making some buys here and there so I thought of taking a look myself. This blog post was written weeks ago but I never got around to finishing it then ACCICB told me that he tried to buy Capitaland for trading but didn't get it and the next day there was a trading halt due to the issuance of the convertible bonds. I was surprised and we were wondering whether Capitaland will be privatized like Keppel Land but I guess it wouldn't be....? I did some research on 3 of the players, namely CapitaLand, CDL and UOL. Amongst the 3, I like CDL and UOL and will be giving CapitaLand a miss. Source: CapitaLand's website I wanted to buy CapitaLand as I felt that it provides the best coverage for all the different stakes it has in various companies such as Ca