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UnUsUaL
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UNUSUAL LIMITED [1D1.SI]
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huathuat88888
Elite |
18-Apr-2018 23:21
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I still remember Dr Susan Lim case .
Charged Brunei Royal for $40 mil ? Brunei Royal very chin chin chye chye. BUT there is one prince I like : Prince Abdul Mateen Think he can do great things
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470749
Member |
18-Apr-2018 22:27
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Noble Group' s problems did not happen overnight. For years Iceberg Research had been accusing Noble Group of taking liberties with their accounting in particular their revenue recognition methods. The bottom line is that investors need to do their own due diligence. UnUsUal has 2 sets of accounts which are published for shareholders. For Financial Year 2017 (15 months from Jan 2016 to Mar 2017): Total Assets $23.3m Total Liabilities $11.2m Cash from ops $9.3m Retained earnings $8.6m NP After Tax $7.3m (2016: $4.1m) Note: Why 15 months? Ans: to align with their parent mm2 Asia. For Financial Year 2018 (9 months from Apr 2017 to Dec 2017): Revenue $30.1m NPAT      $6.536m TA            $42.7m TL            $6.5m RE          $15.1m While we await results for the final quarter (Jan to Mar 2018) for FY 2018, a comparison of results for the past 2 periods show the following: TA exceeds TL significantly. That is UUU owns more than it owes. RE (Undistributed Net Profit accumulated over the years) keeps increasing. Net Profit AT is increasing quarter to quarter.    Overall this looks like a healthy set of accounts for an uncomplicated business - concert management.   |
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huathuat88888
Elite |
18-Apr-2018 20:47
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How about that middle east fund who invested in noble and then later sued noble ? They invested more than $25.8 mil.
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470749
Member |
18-Apr-2018 19:15
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Newbieneedhelp is more perceptive than his name implies. Nobody invests $25.8m in a relatively new counter unless he or his advisors have done their due diligence. Millionaire Prince from Brunei won' t just throw away his money. Ron Sim founder of R3 has his team of high-powered advisors (see R3 Asian Gems web-site) to scrutinise his investment in UnUsUal.   |
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newbieneedhelp
Member |
18-Apr-2018 17:19
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Well Brunei prince and our Mr Ron dun think is over value
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huathuat88888
Elite |
18-Apr-2018 16:48
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This Stock is Over Valued. | ||||
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huathuat88888
Elite |
18-Apr-2018 16:42
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Very very good analysis. Pls tell me before u buy any stocks your intended targets.
I bet ypu seldom lose $.
This is what i termed : Constructive posts
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lifeisgood
Supreme |
18-Apr-2018 10:55
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MM2 and UnUsUal have roughly the same number of total shares outstanding, and share price also very close. So easier for chng kay to move from supporting one to the other seemlessly. This should make rollover easier also. 
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newbieneedhelp
Member |
18-Apr-2018 10:27
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Is that the reason why the usually go up or down together? I dun really see uuu pass mm2 after xb.
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lifeisgood
Supreme |
18-Apr-2018 10:21
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Companies like MM2 and UnUsUal with cross shareholdings must be handled more carefully, since if one gets into trouble, the other one might also. Just a caution, I am not saying they will. 
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newbieneedhelp
Member |
18-Apr-2018 09:48
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Very confuse leh so convulsion is buy hold or sell ah??? Haha | ||||
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lifeisgood
Supreme |
18-Apr-2018 09:48
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For share transactions, by rights, there are rules in SGX governing them. But .....
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huathuat88888
Elite |
18-Apr-2018 09:47
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U know a lot sia
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Starship
Supreme |
18-Apr-2018 09:43
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The rich will always help one another to become even richer.  Examples are everywhere to see. Businessmen exchanging one  others' shares at discounted rates then selling to retail at huge profits. Politicians " helping" one another to earn even more money. Politicians " helping" businessmen, businessmen " return the favour" . Endless list.
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lifeisgood
Supreme |
18-Apr-2018 09:37
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For me, my money in the pocket safer. I noticed in the past, Melvyn Ang from MM2 frequently sell his personal shares. So his stake kept reducing. Then came UnUsUal. Before listing, the founders of UnUsUal sold 50% shares to MM2. Took some cash home. But valuation of UnUsUal only $50 million. Later UnUsUal supported MM2 and bought MM2 shares at 49 cents. Each of Ong brothers came up with $5 million to support MM2. Now valuation of UnUsUal above $500 million (in approx 2 years). Founders of UnUsUal sold another 5% shares. Not bad. Conclusion: Founders of MM2 and UnUsUal have been reducing their respective stakes in the company at these billion dollars valuation. Would I be a BUYER or SELLER at this price? Easy to guess the answer.   
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huathuat88888
Elite |
18-Apr-2018 08:56
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You are a shrewd investor and a sharp trader..
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guards80
Supreme |
18-Apr-2018 08:42
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yes.. must give face one. dont think will below his buy price.
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newbieneedhelp
Member |
18-Apr-2018 08:39
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Maybe get his ah bang and ah Dat from Malaysia to buy as well | ||||
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guards80
Supreme |
18-Apr-2018 08:35
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yeah up prince buy at 0.465. sure many pple give face buy up
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newbieneedhelp
Member |
18-Apr-2018 08:28
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No need argue no need accumulate... 0.45 is history marching to 0.55 now haha | ||||
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