Post Reply
121-140 of 522
Morgan Stanley up stake UIC shares from 10.095% to 11.024%
( series of transaction from 19.04.07 to 29.05.07 )
12,799,000 shares purchased during this period
TA charts still look bullish for this counter.
B band also tigtening (as in Wing tai), MACD showing sign for buying soon.
Sufferring from dislexia....apologies....but my numbers are correct eh???....710 lots bought.
shplayer, typo error.
Gokongwei holding increases from 32.423% to 32.474%
shplayer, how do you see the impact on UIC by URA regarding disallowing further conversion of office space for residential purpose. The property in question is UIC building, which UIC has applied for conversion (?)
Gokngwei just bought another 710 lots bringing his holdings to 32.747%.
I heard their Yishun condo project only left with 20 units (out of total of 140 units). Maybe by this weekend will sell out....
Bollinger bands are very tight indicating large price change may be occuring soon. Acc/Dist and Chaikin also going up... a bullish sign.
Jessie, agreed. fundamentals are still good. no conversion nevermind.
but rental can increase,right. UIC still make more money.px will go up.
Cheers.
Oh, better clarify that I only enquired on the 2 bedroom type. Its not that whole development all sold except the 3 units of 2 bedroom :)
Thank you derekchong. No wonder price is weak today. But no worries lah as the fundamentals are still good. Last week they launch a new condo project in yishun and I believe it should do well. I made enquiries (just for fun) and they told me that all are only left with 3 units of the 2-bedroom type... Cheers !!!
URA announces temporary ban on office conversion in central business
district with immediate effect . UIC could be affected by this decision.
When will this counter rise out of it's consolidation phase...
after the new purchases of UIC shares this week by Gokongwei, his holding increases from 32.361% to 32.423%
UIC turning upwards.
sporeguy, as per your observation, UIC lags WT; the same way AG lags HB. ie, WT and HB are lead indicators for UIC and AG respectively. esp since all in property sector. They're tandem plays. likely you find the same ppl in both counters; which lends further possibility of cyclical play between these counters. The one unknown factor for UIC which might jack up their price is if they can sell off that UIC building. That'll lead to extraordinary gains for whichever quarter it is sold in.
Price touched $3.00 on Thursday and rebound to $3.10 on Friday.The uptrend is still intact.
Looking at the charts, all TA indicators turning up.Px should continue moving north next week.
Cheers.
I will accumulate more if price drop further.... Cheers !
xd today, px still stay put at $3.02. very strong support .
cheers
The bollinger bands for this one is starting to narrow - may have large price changes soon. Its hard to tell the trend for this one now. Signals are mixed.