Capitaland and IR

Here is an interesting comment (in blue) from SGDividends on my previous post Capitaland Shortist Club and I am going to reply here:

Hey dude, do you mean that Capitaland will face download pressure on its price due to the rumour?
Yes! Cash is King and when you decided to distant yourselves from the King during credit crunch time, you will be disliked by the market.

This Sand pie is huge to be swallowed alone or in half. By putting so many eggs into a single basket will definitely attract research houses to downgrade the stock price to reflect higher risk exposure for sure. When property price is poised to slide further next year, the appetite for risk is pretty low.

Even at current stage, the price tag is unlikely to be fire sale price. Simply put it, the seller is not desperate enough with government clear backing now.

Shouldn't it be a good news for Capitaland, just wondering?
Casino is evil good business but not an IR. These IR is generally expected to lose money for a few initial years before they sucked enough winning to pay for the loan interest. If Capitaland use the same quantum of capital to seize up smaller distressed property and development in the region, I believe they will be able to give better return in area they are expert.

The key is: RISK and market don’t like RISK now.

Anyway they recently are looking to divest their industrial property. So rumour might have some truth.....
Divestment of their industrial property is old news. In fact, they have divested retail shopping mall and commercial property into REIT in Singapre and China etc. I don’t think they need to divest these property just to finance their potential bid, anyway. They are big enough to take it, but, at what COST?