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United Engineers
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kirana
Senior |
01-Dec-2014 12:15
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Just checked price dropped few cents. |
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SOONEST
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01-Dec-2014 09:33
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Some big pple at Big O say deal is done and pending announcemt soonest... | ||||
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kirana
Senior |
30-Nov-2014 10:39
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After some googling, it seems like there are really few suitors. Like gators quitely estimating the prize 5m away, while another lion looking a this sacred cow from afar. |
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kirana
Senior |
28-Nov-2014 16:03
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Rumors! No one can commit. Otherwise it might create history. |
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SOONEST
Member |
28-Nov-2014 15:17
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Ask around... TP now 3.99 with special Xmas dividends ... dont sell too soon my friends | ||||
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ksksks
Member |
28-Nov-2014 11:42
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What news? thanks.
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toiletsiao
Member |
28-Nov-2014 11:39
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just got home from UE' s EGM... UE& C sale has been approved by shareholders...although the sale price was questioned by some shareholders as too low....still there was a vote of 99% for n 1% against... 1 shareholder asked the board if there will be a special dividend....the chairman is not at liberty to answer that question...however chairman said that he is a shareholder too but he has to do what is in the best interest for the company and other shareholders...but he has noted on this point |
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kirana
Senior |
28-Nov-2014 11:32
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$3.00 le. SOONEST! Your nick is good and impactful. |
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kirana
Senior |
28-Nov-2014 08:36
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This one remains rather mysterious. |
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SOONEST
Member |
27-Nov-2014 19:01
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Herd new offer fr new player....news tomorro | ||||
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Kyoto2008
Elite |
24-Nov-2014 21:06
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If China properties are sold at higher than their cost, UE price will rise to the level of the gain.      Don need Ah Chai to buy UE for price to rise.
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kirana
Senior |
24-Nov-2014 16:52
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What happen when UE sells all CHina properties? To who? If sell to dear Ah Chai then what would UE end up with? |
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SOONEST
Member |
24-Nov-2014 12:08
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Suggest UE offload all the China props to
CapitaLand... that way better for Ah Chai to enjoy OCBCs steak. UE mgt can join CapLand who are big china players. Win win for everbody!!!
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Kyoto2008
Elite |
23-Nov-2014 23:37
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After doing all that work to secure WBL, won' t UE board of directors feel very sore that they are now being peddled like a commodity worth $2 to $3 bucks? So UE board of directors need to speak up and actualise the value of UE for their own sake, and for the sake of UE shareholders. Bring the price to $7- $8! Mr Koh, sell the China properties.
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Kyoto2008
Elite |
23-Nov-2014 23:09
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Actually, we all wondered why UE went to buy WBL and then go and sell off assets like the automotives, UE E& C, and so on.  And UE also raised funds from the public very unpopularly through a rights issue.  Why go through all that?  What' s in WBL that attracted UE so much to walk down that road? Could it be the China properties that WBL was holding, and now is in UE' s hands?  
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Qanghoo
Supreme |
23-Nov-2014 22:43
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I buy ur argument completely.  That means OCBC n GE ()which are same coy) are worth a lot more than meets the eye.  Yet, remember how price was being pressed down to $9.00 which I was highly convinced was way undervaluing the coy.    Recall also a few yrs back when WBL was pumped up to abt  $8?  Well if that were the true value of WBL, which is now part of UE, it' s no rocket science that UE is worth a lot a lot more.    Not vested.  Just kaypoh a bit. 
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Kyoto2008
Elite |
23-Nov-2014 22:40
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Protect profits. If UE price for some reason go crashing, my system sell first.  then I come back to buy at lower price.  I set at 2.89.    If price goes below, I am out of the game.    
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kirana
Senior |
23-Nov-2014 22:15
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How come you put stop loss |
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Kyoto2008
Elite |
23-Nov-2014 21:02
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In the biz world, who is right who is wrong, we all cannot be the judge. I just know that when you are riding high, have big money everyone wants to be your friend, everyone wants to be your relative. So it is with UE.    It is being peddled now as a commodity.          who owns UE?      Isn' t it OCBC and GE who has a lot of UE shares?            And isn' t OCBC/GE in talks with Ah Chai to sell UE shares? But UE itself knows it is worth a lot more than what their books reveal.    So isn' t it the responsibility of the UE board of Directors to ensure that the real market value of UE be revealed to all? And how much is UE worth?        
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Kyoto2008
Elite |
23-Nov-2014 20:36
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UE is being sold out by their shareholders, don you think?    OCBC/GE is selling them off. Now BOD can only save themselves if they act wisely, ie fully actualise the value of UE.  Ah Chai cannot touch UE if UE price zoom up to $7 once the China properties are sold off for its full value. The board of UE has the responsibility to ensure that the company is fully marked to market and a takeover reflects UE' s full value! And UE' s BOD is top notch corporate finance honchos.      For us, retailers.  Wah lau eh!      Big windfall. |
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