By looking at the amount of posting about Capitaland, it is obvious that I have brought Capitaland. I will make payment to take delivery of the stock on Monday.
I don’t believe that the current valuation is the trough valuation, or so call bottom. However, I am happy to hold on to something by just paying fraction of it value.
As Lim (CFO of Capitaland) put it: This is a once-in-100-years chance. Historically, companies that made big leaps used a disrupted-market situation to do it. It's got to a point where we will be able to take a leap forward.
Since many people expecting property market to crash, I think this may be a good windows to buy and hold to quality property stock to wait for the market return to normal time.
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