EPF stake on UOA have down to 5.34% as on 23 Dec. With just 0.34% stake more, EPF will ease to be substantial shareholder of UOA. Tomorrow, will be last day of 2011 trading, expect some window dressing on UOA.
With upcoming Q4 result and likely declare dividend of at least 30-50% payout, UOA should have very limited downside rsik
Glomac have very strong balance sheet, low gearing, high unbill sale at least ensure next 1.5yr revenue. Share have been relative resilient compared other property stock, even after split, share price has maintain at least 80sen (1.60 before share split)level. Glomac could then consider low beta, dividend yield stock, good for buy and hold.
Increase further stake of UOA dev, bought more UOA dev at 1.35
ReplyDeleteBought ultra maximum UOAdev, all at 1.35
ReplyDeleteUsed up all available trading limit, bought all UOA dev at 1.35.
ReplyDeleteEPF keeps disposing !
ReplyDeleteEPF holding about 7% of UOADEV, one of the cornerstone during IPO.
horse
ReplyDeleteEPF stake on UOA have down to 5.34% as on 23 Dec. With just 0.34% stake more, EPF will ease to be substantial shareholder of UOA. Tomorrow, will be last day of 2011 trading, expect some window dressing on UOA.
With upcoming Q4 result and likely declare dividend of at least 30-50% payout, UOA should have very limited downside rsik
Will do scalp trades on UOADEV at current level. :)
ReplyDeletehorse
ReplyDeleteUOA already upppppp..... breaking 1.40 level will spur more upside
Yeah Yeahhhhhhhh
ReplyDeleteUOA surpass 1.40.....
Sold my UOADEV at 1.40.
ReplyDeleteHng
ReplyDeleteWhat do think of Glomac?It always has share buyback and also good dividen yield
Sold off all today UOA at 1.40-1.41, realize very handsome intraday profit first
ReplyDeleteHng,
ReplyDeleteCongrated ! Well done !
Hng,
ReplyDeleteCongrated ! Well done !
Congra Hng on UOA. I went in yesterday at 1.35 and sold 1.37 today
ReplyDeletelook like everyone is making money.
ReplyDeleteGood !!
bought back uoadev at 1.38.
ReplyDeleteTeng
ReplyDeleteGlomac have very strong balance sheet, low gearing, high unbill sale at least ensure next 1.5yr revenue. Share have been relative resilient compared other property stock, even after split, share price has maintain at least 80sen (1.60 before share split)level. Glomac could then consider low beta, dividend yield stock, good for buy and hold.
Hng
ReplyDeleteThanks
Expect UOADEV going for second push. :)
ReplyDeleteFinger cross.
Hng
ReplyDeleteCongrats.