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UOL
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UOL
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huathuat88888
Elite |
30-Oct-2018 21:59
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Words of Wisdom : Lo and Behold Overa dinner the other nite, we joked about this famous quote LOL LO AND BEHOLD means Buy Low and Hold : ) Others buy $7 and above We buy $5 ~ $6 : ) | ||||
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Ramdonwalk
Member |
30-Oct-2018 21:44
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It is indeed a good stock to own. I remember Mr. Wee was buying at $8 not too  long ago,  but property sector as a whole is not doing well. Oxley is halved at $0.30 since its high at $0.60 in Feb, Guocoland lost 30% to $1.70 from high of $2.40 in Dec. UOL is also 35% off at $6.00 from $9.30 in Jan... and the list goes on. The government is monitoring this sector very closely and will introdoce another round of cooling measure when it sees sign of recovery. I dont think it is the bottom yet for property stocks.   |
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huathuat88888
Elite |
30-Oct-2018 20:17
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When UOL was trending $7 ++ to $8 ++ to$9 ++ , i was like s harks , " i missed this boat ! "
I didnt expect I can get this at $6 or maybe even below $6 . LOL.
Good Stock to own.
Backed by powerful UOB BANK and Wee family.
I like its assets portfolio as well as its price / nav : )
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pasttime
Supreme |
30-Oct-2018 19:39
Yells: "gold silver are real money. not others iou." |
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i check again a min ago 213 is right. 191 is for up to sep. |
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Qanghoo
Supreme |
30-Oct-2018 19:24
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My check on URA web found only 191 sold.  But the other project Amber 45 also doing well.  94 out of 139 units sold. 
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pasttime
Supreme |
30-Oct-2018 19:00
Yells: "gold silver are real money. not others iou." |
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current price is at about 2016 year end price. since then uol has cross 50% ownership of uic, overall office rental market is improving, the tre ver sale is healthy @ 213 units (URA web search) since launch in early aug.   |
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Maxgrow68
Elite |
30-Oct-2018 18:15
Yells: "Right and Kind. Choose Kind then you are always Right !" |
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Congrats !  you are in the monies now.
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Maxgrow68
Elite |
30-Oct-2018 18:13
Yells: "Right and Kind. Choose Kind then you are always Right !" |
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At closing px 6.00 indeed is a good entry point. Under radar.
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johnng
Supreme |
30-Oct-2018 16:59
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tml break below $6 n the rest history | ||||
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huathuat88888
Elite |
30-Oct-2018 13:20
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UOL is a real bargain now. Very tempting : ) Will buy some to own if price reach my appetite . UOL after acquiring UIC looks good. Very diversified including Pan Pacific Hotels. | ||||
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pasttime
Supreme |
04-Aug-2018 10:10
Yells: "gold silver are real money. not others iou." |
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the consolidated property list looks like uol is now a significant commercial, retail and hotel space owner. wonder if they have plan to increase the return on assets or reits these to increase cash for aggression.   |
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mn_888
Senior |
03-Aug-2018 19:08
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UOL posts 21% rise in 2Q earnings to $132.7 mil on UIC consolidation
By: Stanislaus Jude Chan 03/08/18, 06:07 pm SINGAPORE (Aug 3): UOL Group reported a 21% increase in earnings to $132.7 million for the 2Q18 ended June, from $109.2 million a year ago. The increase was on the back of a 59% jump in group revenue to $635.4 million in 2Q18, from $399.1 million a year ago. This was mainly due to the consolidation of United Industrial Corporation (UIC) and higher attributable fair value gains on investment properties. UOL in end-August 2017 completed the acquisition of 60 million shares in UIC from a wholly-owned subsidiary of Haw Par Corporation. Following the acquisition, UIC, its subsidiary Marina Centre Holdings, as well as the common associated and joint venture companies of UOL and UIC have been accounted as subsidiaries of UOL. Revenue from its property development segment rose 27% to $280.6 million, while revenue from its property investments segment surged 134% to $131.8 million, and revenue from its hotel ownership and operations segment grew 55% to $155.3 million. Excluding the effects of the consolidation, revenue from the property development segment would have been 31% lower year-on-year. This was due to lower revenue recognition from Principal Garden and the completion of sales of Riverbank @ Fernvale in August last year. Revenue from property investments would have been 4% lower year-on-year excluding the effect of the consolidation due to lower contribution from OneKM Mall, while revenue from hotel ownership and operations would have been flat. Dividend income grew 75% to $27.7 million in 2Q, with higher ordinary and special dividends received from United Overseas Bank. Gross profit margin improved 6 percentage points to 39% in 2Q18, due mainly to a higher proportion of revenue from property investments which command better margins. As at end June, cash and cash equivalents stood at $739.7 million. Looking ahead, UOL says the recent property cooling measures will likely moderate both the sales take-up and prices for the rest of the year. ?We have been diversifying into income-producing assets geographically in recent years. Our latest acquisition of 180 apartments in Jakarta and clinching of a hotel management contract will help bolster our presence in Indonesia and build up our future recurring income,? says Liam Wee Sin, UOL?s deputy group chief executive officer. UOL notes that office rents are expected to improve due to limited new supply, while retail rents are showing signs of stabilising despite challenges from e-commerce and manpower shortage. Meanwhile, it adds that the London property market continues to face economic and political uncertainties. Shares in UOL closed 4 cents lower at $7.00 on Friday. |
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sengsk
Elite |
26-Jul-2018 10:57
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If today still stay above 20 MA better reconcider your " SHORT"
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leongyan
Master |
26-Jul-2018 09:52
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Hope u don't get burnt
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Wind22i
Supreme |
26-Jul-2018 09:40
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Current price 1400++ psf ? I think its a crazy hype up price | ||||
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pasttime
Supreme |
26-Jul-2018 09:35
Yells: "gold silver are real money. not others iou." |
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The Tre Ver show room for public viewing is open. the previous owners laughed to the bank. hopefully the current and future owners will as well.   |
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Lucas4
Veteran |
24-Jul-2018 16:24
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nice rebound | ||||
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Lucas4
Veteran |
18-Jul-2018 15:28
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power lah | ||||
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Yls1033
Member |
11-Jul-2018 07:46
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Short 6.6 | ||||
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haizzz
Senior |
10-Jul-2018 22:42
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Wee family bargain hunt 6.2 nil shares @ ~$6.89...wow | ||||
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