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Support 2.09 and 2.00..... resistance 2.20 and 2.34. long term at least touch it's nav...
des_khor ( Date: 20-Mar-2010 16:15) Posted:
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Support 2.19 and 2.00..... resistance 2.20 and 2.34. long term at least touch it's nav...
It is a matter of time........just be patient...come 2011.....more assets will be under UE.......rent in UE square will start rising......both retail and office......
$2.25 ST TP for me.... cheers...
Will move again once OCBC confirm the deal with UE ! now need to break $2.20 in order to move higher !
lpkoh5 ( Date: 11-Mar-2010 20:29) Posted:
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Hope this can clear $2.30 soon...
9cts...if at 4% yield...price should be at least $2.25....cheerssssssss
This one must be long...... dividend 9 cts !!
Cross $2.00 today..hope to cheong somemore...
NEWS RELEASE
Attributable profit up 770% to $52 million
Growth underpinned by progressive property sales recognition
SINGAPORE, 24 February 2010
by $79.1 million (13%) to $703.7 million from $624.6 million in 2008 mainly due to the progressive
recognition of revenue from residential development projects,
– United Engineers Limited (‘the Group’) increased revenueThe Rochester in one-north andPark Central @ AMK
Integrated Resort
$162.0 million in 2009. Gross profit percentage was 23.0% compared with 23.2% for 2008.
With NAV at $3.52 and current price only $1.95....it will move up slowly....
Got $700 million of construction and engineering projects to date.......
With assets such as United Square etc that give them recurring income, the profits will be assured......and can sell some assets when price are right too.....
When recognise the profit from the units sold in two of their properties project in One North and AMK....their NAV will increase further.......
Come on UE...break the $2 mark once more...
This one must break $2.34 conversion price for CB in order to go up higher... I'll hold tight tight !!cheers...
Cool...my TP $2.50 by Mar....$3.00 by end of this year....cheers........
This is for long term holding and set your TP..
Personally, I feel it is too late to buy now. Should have brought in early Jan.
Beside this, the trading volume is thin. Not a lot of interest here.
Possibly from cimb....they issued a buy call at $2.83 recently....
Friday I saw some fake Q was selling down @ 2.14 for 98 lots and less than few minutes the Q withdraw , after that I can see a lots of support at 2.14 level... maybe someone accumulate silently...
This one really must keep and hold till $3 at least...
Honestly this one still cheaper than both of them...