UOB Kay Hian    Last:1.81    -0.01

UOB KAY HIAN

it is rising again.

 

ever since the kim eng takeover news has subsided, the stock has come off the highs of close to $2.00. Been vested since under $1 and I am looking forward to healthy dividends for the coming FY

 

More UOB KayHian Upside On Kim Eng News? -CIMB 

Kim Eng remains halted after Maybank (1155.KU) makes a mandatory conditional cash offer of S$3.10/share for the Singapore-based brokerage representing a 14.8% premium to Kim Eng's last traded S$2.70, and values Kim Eng at 1.9X P/B. CIMB expects Kim Eng's shares to gap up when the stock is re-quoted; "based on a general rule of thumb, the price gap against the offer price normally narrows to 1.0%-5.0% at best." The house says "not surprisingly," the news pushed UOB KayHian's (U10.SG) price up, last +8.7% at S$2.00, with UOB (U11.SG) also benefiting, +1.7% at S$19.16. "A key observation is UOB KayHian's stark undervaluation to Kim Eng. Prior to the share price run up today, UOB KayHian was trading at 1.3X P/BV vs Kim Eng's 1.7X. Even after the sharp price increase, UOB-KH is trading at 1.4X. Perhaps there is still room for upside." It adds, at 1.9X P/BV, UOB-KH could potentially trade up to S$2.66.

Vested since 1.75, yesterday 1st day hinting more upside. Now market sentiment start to turn bullish, so stockbroking houses should be making lots of money, no doubt the uptrend will continue.

 

Hope the rise will continue and sustainable

 

All thk to Kimeng Securities....worth at least $2.00 liao.

UOB-KayH

CPF

--

1.880

2.000

+0.160

+8.7

vol-3,929,000

 

Checkout this counter, something brewing?

 

1.75 +0.06

Is it good to  buy this counter?

 

 

http://www.sgx.com/wps/portal/marketplace/mp-en/listed_companies_info/company_announcements/!ut/p/c5/04_SB8K8xLLM9MSSzPy8xBz9CP0os3gTn1DXUFNLYwMLtwA3AyMvZ3Mf09AAA_dAc6B8JE55A3czArq99KPSc_KTgPb4eeTnpuoX5EZUOjoqKgIAFOdGOQ!!/dl3/d3/L2dBISEvZ0FBIS9nQSEh/

2009 results

 

 

UOB-Kay Hian

_ 3 mths ended Sep 2009 ___  Net Profit (S$M)_

$  42.69

___ +

117%

 

UOB KH has new look on its website.  But, wondering why use string instrument - guzheng to promote their handphone trading?  They should use instrument like Saxophone that can be carried around cos it is lighter than bulky gu-zheng.  Gu-zheng string could snap easily if not careful and does this mean the end of trading with the company?    LOL.........  

Saxophone more suitable to use in stock-market related promotion cos it has holes that players suppose to open/cover while playing.  This is similar to a trade that needs to be opened and covered back while playing/trading.  Also, it is perfect for jazz music... if you like jazz,you know what i mean.

 

http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_D2F33629F64A4F2548257611002C2FB9/$file/June09Announcement.pdf?openelement

 

 

Xiao-lah, Kim Eng also went up by 9%, but at a low vol as usual.

 

11:44:00	1.330	11,000	Buy Up
11:43:57	1.290	690,000	X
11:43:24	1.290	1,388,000	X
11:42:56	1.290	685,000	X
11:42:25	1.290	15,110,000	X
11:42:04	1.320	5,000	Sell Down
11:11:57	1.320	8,000	Buy Up
11:10:42	1.320	38,000	Buy Up
11:09:30	1.320	4,000	Sell Down
11:09:13	1.320	17,000	Buy Up

Why is 17873 lots been transacted at $1.29 marked X ?

 

What is

 

Why such high vol of 18000s lots ? Went up from $1.32 to $1.45. Now at $1.42. Any special news ? Usually very low vol of few hundreds lots.

 

A typical data  processing bottle neck, in any server system. Can avoid such computing clitches by ugrading d entire central processing system n d accessories ie security protection, redundancy, gate way etc.

Normally, when system suffering conggestion n slowness, system engr will block d incoming data n allowing d outgoing data backlog to be cleared n background programs resume d normal routine. Later they will open d incoming gate to resume opt.

May call TR to assist should such problem occurs, esp when u r at contra transaction process.

BTW, how is IE8 serving you, so far? AK been using it n happy about d new features. 

 

Always happen this?

 

 

 

wow...UOBKAYHIAN website is down!! Grrr...luckily i got alternate trading acct! :P

gosh..this uobkay stock is like not moving compare to KIMENG..and now website is down! is the trading house staff all QUARANTINEED due to H1N1 har ? :P

 

If the stock market is still moving up...definitely the broking houses will benefit.

 

May still have some kick in it yet. Wait and see...

 

Ran out of steam!!