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kirana Senior	26-May-2017 15:29        kirana About Contact  Quote this Post!
x 0   x 0  Alert Admin	WHy you hope Samling wins? They can pay better value? If price stays around 2.65, how to offer 3.65?
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MrSingaporean Member	26-May-2017 14:33        MrSingaporean About Contact  Quote this Post!
x 0   x 0  Alert Admin	Fingers crossed. 😂 hope samling wins. Samling has the necessary expertise to grow United Engineers further. Seen their performances and capability. Very well backed. Good. lglg666      ( Date: 26-May-2017 13:46) Posted: Still very quiet and slow movement but action can happen anytime follow by a trading halt. Cross your fingers lol 😂 lglg666      ( Date: 26-May-2017 09:23) Posted: No update but now again coming to the end of the month, the share price is also trading in a tight range with volume low this morning. It's very very quiet but anytime now there maybe a spike up or down for the share price on the release of news.
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lglg666 Supreme	26-May-2017 13:46        lglg666 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Still very quiet and slow movement but action can happen anytime follow by a trading halt. Cross your fingers lol 😂 lglg666      ( Date: 26-May-2017 09:23) Posted: No update but now again coming to the end of the month, the share price is also trading in a tight range with volume low this morning. It's very very quiet but anytime now there maybe a spike up or down for the share price on the release of news. lglg666      ( Date: 23-May-2017 18:56) Posted: BB doing another round of flushing to get rid of the inpatient and weak holders?
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MrSingaporean Member	26-May-2017 09:52        MrSingaporean About Contact  Quote this Post!
x 0   x 0  Alert Admin	I think the buyer has finalised. And the price finalised too. They probably just waiting for price to stable then announce. Ocbc, credit suisse and the buyers are all professionals. They cant be so draggy about this. Wearnes deal and Robinsons deal went quite fast to Samling and Al Futtaim respectively isnt it? lglg666      ( Date: 26-May-2017 09:23) Posted: No update but now again coming to the end of the month, the share price is also trading in a tight range with volume low this morning. It's very very quiet but anytime now there maybe a spike up or down for the share price on the release of news. lglg666      ( Date: 23-May-2017 18:56) Posted: BB doing another round of flushing to get rid of the inpatient and weak holders?
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lglg666 Supreme	26-May-2017 09:23        lglg666 About Contact  Quote this Post!
x 0   x 0  Alert Admin	No update but now again coming to the end of the month, the share price is also trading in a tight range with volume low this morning. It's very very quiet but anytime now there maybe a spike up or down for the share price on the release of news. lglg666      ( Date: 23-May-2017 18:56) Posted: BB doing another round of flushing to get rid of the inpatient and weak holders? lglg666      ( Date: 17-May-2017 21:16) Posted: Think your observation maybe 100% correct, ppl losing the patience and throwing their shares. That should explain the volume done since going XD.
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MrSingaporean Member	24-May-2017 13:55        MrSingaporean About Contact  Quote this Post!
x 0   x 0  Alert Admin	I wonder why is it taking so long? Hope to hear updates soon...Maybe Price war now. Wonder who will emerge the buyer. Samling? KKR? Mulpha? Ascendas Singbridge? Perennial?
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MrSingaporean Member	24-May-2017 00:19        MrSingaporean About Contact  Quote this Post!
x 0   x 0  Alert Admin	I also think something will transpire by end may and shouldnt drag any further...though if it drags, the only thinf I can think of is KKR. KKR SG HQ staff said acquisitions are made by the top mgmt in New York and that none are based here. So because of time difference, offer and counter offer can take 2 days per price? Possible? Scenario: If KKR on 25th May in NY at 11 am gives offer, it will be 11 pm in sg and malaysia. The other sg / malaysian bidders can only counter offer on 26th May. Then KKR can only respond on 27th May? Lol... FATABA      ( Date: 23-May-2017 23:16) Posted: The offer shld be out this end May ......what causes the delay to Jun? Not as many parties as GLP in this one. Pahxibohzhau      ( Date: 23-May-2017 20:46) Posted: I think it' s not flushing. It is a sign of BB trying to establish a lower, more favorable weighted average price to convince minority shareholders that they are getting a higher premium when a general offer is made. In a way it is a good sign they are preparing the ground. Be extra patience
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FATABA Supreme	23-May-2017 23:16        FATABA About Contact  Quote this Post! Style: Combined   Mood:
x 0   x 0  Alert Admin	The offer shld be out this end May ......what causes the delay to Jun? Not as many parties as GLP in this one. Pahxibohzhau      ( Date: 23-May-2017 20:46) Posted: I think it' s not flushing. It is a sign of BB trying to establish a lower, more favorable weighted average price to convince minority shareholders that they are getting a higher premium when a general offer is made. In a way it is a good sign they are preparing the ground. Be extra patience. lglg666      ( Date: 23-May-2017 18:56) Posted: BB doing another round of flushing to get rid of the inpatient and weak holders?
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Pahxibohzhau Member	23-May-2017 20:46        Pahxibohzhau About Contact  Quote this Post!
x 0   x 0  Alert Admin	I think it' s not flushing. It is a sign of BB trying to establish a lower, more favorable weighted average price to convince minority shareholders that they are getting a higher premium when a general offer is made. In a way it is a good sign they are preparing the ground. Be extra patience. lglg666      ( Date: 23-May-2017 18:56) Posted: BB doing another round of flushing to get rid of the inpatient and weak holders? lglg666      ( Date: 17-May-2017 21:16) Posted: Think your observation maybe 100% correct, ppl losing the patience and throwing their shares. That should explain the volume done since going XD.
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MrSingaporean Member	23-May-2017 19:42        MrSingaporean About Contact  Quote this Post!
x 0   x 0  Alert Admin	Buyer / Buyers def still there. In my honest opinion it could be still in renegotiations. Ocbc wants probably a bit higher and the buyers are relooking at their finances to see how much further they can stretch. Makes no sense for ocbc to not update. If things not looking positive, it will already be declared....no point to hold. Sgx have regulations and ocbc must announce one...ocbc wont want to tarnish their reputation as wishy washy right? It will only cause their shares of theirs and subsidiaries to plumment when investors confidence in them drop. MichaelSchenker      ( Date: 17-May-2017 11:21) Posted: Price has dropping since XD. Compounded by the fact that nothing is heard from the directors/management.  Many people lost patience and walked away. Need a boost really soon, or is it that' s the way the buyers want it? Or Hello, is the the buyer still there? MichaelSchenker      ( Date: 16-May-2017 18:12) Posted: Managed to snag 10 at closing price (2.72), still much cheaper than the cd price. Frankly, I buy not because I' m expecting the takeover deal to firm up soon. Everybody has been waiting, so I guess a few more months is still probable. Importantly, the deal must happen and I' m hoping for a 20% profit. More hope, less analysis. Win more, lose less.
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lglg666 Supreme	23-May-2017 18:56        lglg666 About Contact  Quote this Post!
x 0   x 0  Alert Admin	BB doing another round of flushing to get rid of the inpatient and weak holders? lglg666      ( Date: 17-May-2017 21:16) Posted: Think your observation maybe 100% correct, ppl losing the patience and throwing their shares. That should explain the volume done since going XD. MichaelSchenker      ( Date: 17-May-2017 11:21) Posted: Price has dropping since XD. Compounded by the fact that nothing is heard from the directors/management.  Many people lost patience and walked away. Need a boost really soon, or is it that' s the way the buyers want it? Or Hello, is the the buyer still there
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TanSiBeiKu Senior	23-May-2017 10:25        TanSiBeiKu About Contact  Quote this Post!
x 0   x 0  Alert Admin	Wow, 341,000 blocking at 2.68 ? " Someone" key in wrong figure ?
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MrSingaporean Member	22-May-2017 20:53        MrSingaporean About Contact  Quote this Post!
x 0   x 0  Alert Admin	Ok, so I called up KKR sg office. The staff said KKR Sg DOESNT handle acquisitions and takeovers. They are only done by the HQ in New York. And added that they are always based overseas....so the deal might take longer to materialise since its long distance and time difference....it also means that all KKR investments are made by the HQ. There are many companies KKR are now involved. Will they even focus on this UEL? Do they have time to? Hmmm. Wondering about it.... kirana      ( Date: 22-May-2017 20:00) Posted: Ah, why not just type here. Thats the main purpose of forums!
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MekMiRic Member	22-May-2017 20:18        MekMiRic About Contact  Quote this Post! Style: Flexible   Mood:
x 0   x 0  Alert Admin	hahaha must wait until news is out then will always be 100% right kirana      ( Date: 22-May-2017 20:00) Posted: Ah, why not just type here. Thats the main purpose of forums!
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kirana Senior	22-May-2017 20:00        kirana About Contact  Quote this Post!
x 0   x 0  Alert Admin	Ah, why not just type here. Thats the main purpose of forums!
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MrSingaporean Member	22-May-2017 16:40        MrSingaporean About Contact  Quote this Post!
x 0   x 0  Alert Admin	I think if there is bidding war, between the final 2 finalists (most likely Samling and KKR), it will still take time and the deal may not materialise that fast....just saying....this deal needs alot alot of patience. As gotta wait very long based on what I just found out. (Not insider news though.) Wanna know what I found out?
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MrSingaporean Member	21-May-2017 22:52        MrSingaporean About Contact  Quote this Post!
x 0   x 0  Alert Admin	I also think this week might hear some news. Final bids given in end march 2017. Maybe a bit off ocbc target tgen renegotiate till price war. 2 mths since end march have passed. So can start to monitor again. Hold on to your shares. Patience will reap harvests. lglg666      ( Date: 21-May-2017 17:38) Posted: This UE and same for GLP.....the outcome will more likely be known sooner for this UE then GLP as GLP is more complex compared to this UE and they had updated recently saying they are giving the bidders another 2 more weeks to finish their due deligent. While this UE is keeping total silence since they released news that they had shortlisted the bidders to 5 parties on Feb 17. Soon the 3 months for their due deligent are already up. Correct me if I'm wrong with the timing. Even at the recent AGM the management is silent about it when asked....just saying the talks are still on-going. My bet is that there will be a update soon. This coming week.....the share price movement should be interesting to monitor. Huat Ah to all those are still vested.
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lglg666 Supreme	21-May-2017 17:38        lglg666 About Contact  Quote this Post!
x 0   x 0  Alert Admin	This UE and same for GLP.....the outcome will more likely be known sooner for this UE then GLP as GLP is more complex compared to this UE and they had updated recently saying they are giving the bidders another 2 more weeks to finish their due deligent. While this UE is keeping total silence since they released news that they had shortlisted the bidders to 5 parties on Feb 17. Soon the 3 months for their due deligent are already up. Correct me if I'm wrong with the timing. Even at the recent AGM the management is silent about it when asked....just saying the talks are still on-going. My bet is that there will be a update soon. This coming week.....the share price movement should be interesting to monitor. Huat Ah to all those are still vested.
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MrSingaporean Member	21-May-2017 15:56        MrSingaporean About Contact  Quote this Post!
x 0   x 0  Alert Admin	Yes, I also have inner gut feeling something will be released soon. The final bids werr handed in by end march. Now its close to end may. Almost 2 months. Something should be brewing. I think it smells good. Even for herbal soups, need time to boil, and re boil before the fragrance, essence, taste and nutrition will be released into the soup. Only then it will be good for the body. We dont go for diluted. We go for standard. If the price wasnt good and negotiations fall through, ocbc would have stopped the process. So lets pray and enjoy the delicious outcome (hopefully) :) lglg666      ( Date: 21-May-2017 12:05) Posted: Since Feb, they announced that they shortlisted 5 bidders to do due deligent therefore they may release an update soon. So this coming week we can monitor the price action for hint whether the deal is on or not. lglg666      ( Date: 20-May-2017 14:03) Posted: It's not important who will offer the best price but there will be someone ( Samling or KKR ) to be willing to offer a bid for it, and then hopefully there will be a counter bid. That way then there will a bidding war among the interested parties.....only then we can see a best offer for UE. Hope this will happens soon 🙏
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MrSingaporean Member	21-May-2017 15:50        MrSingaporean About Contact  Quote this Post!
x 0   x 0  Alert Admin	Credit suisse offices, require appt otherwise you may not enter. Dont think they will whisper anything as no insider trading / info is allowed. Lol kirana      ( Date: 21-May-2017 12:44) Posted: Since it was mentioned below, I might find time to go over to Credit Suisse to see the hustle and bustle. Also, we can visit or ' go near' the offeror and the bidders. Maybe they whispers something? Haha. Value investing has been taken to new levels.
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