CityDev

Buy CityDev at $10.82 on 24th Feb 2011

Trade decision conditions:

1. STI falls below 2980 which i feel is the bottom, anything below this point is a long-term trade
2. Dividend of $0.18
3. Technically, the price is travelling very near to 10DMA($10.8). I expect it to cut across any time.
4. Keep for long term.

Stop: $10.54 or may hold for long term.