
I already bought on dip at 3.68 on 8 Feb. Now doing a DCA Up. Good Luck and Happy Trading.

UOL just hit my Buy Signal Today.
Here are the reasons to Buy.
1. It just cross the SMA C(30) line and has just move to a Bullish territory.
2. Yesterday was it's 1st Bull run. Although I usually wait for 3 Bull runs before I would consider a buy, but by crossing the SMA C(30) today, I consider this a Bull run too. However, this is a 50% confirmation.
3. The MACD lines also crosses today, also indication that this stock is starting to trend up. However, MACD is only accurate when it's in a Bull run, which started today. So as long as the price stays above SMA C(30), we are safe.
4. UOL just announce that they will be releasing its 2009 financial result on 23 Feb 2010. Based on its Q3 result in Nov 2009, which it reported a net profits up 36% to $120m. I'm expecting a good announcement this coming 23 Feb.
This is a good Buy Signal to me. One that is difficult to come by during this Bear sentiment.
So Buy if you can.
Santa Rally, hit new high for 2009! Target price of $4.78 within reach by 2010....
Cleared $4 - imagine buyers grap 400lots in one go. Now $4.01 3.38pm.
limkt009 ( Date: 03-Dec-2009 15:36) Posted:
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CIMB (2 Dec):
Valuation and recommendation
Replaces KepLand as our top pick.
liquid exposure to SingLand’s low asset values through its 32% stake in UIC. UOL’s
exposure to hotels in the Marina belt could also provide stock catalysts once the
Marina integrated resort is up. We expect additional stock catalysts from a further
stabilisation of rents and evidence of cap-rate compression.
SingLand’s share price has performed well in the last few weeks. While cheap at 0.7x
P/BV, it lacks excitement and low liquidity is another grouse. We recommend
investors to switch out of SingLand to the more diversified and liquid UOL. UOL also
replaces KepLand as our top pick in the sector given the latter’s recent
outperformance.
We raise our RNAV estimate and target price from S$4.70 to S$4.78 to reflect the
recent upgrade in our target price for UOB. Valuations remain undemanding at 0.7x
P/BV and a 30% discount to RNAV. Maintain Outperform.
OCBC Research (2 Dec): UOL Group fair value raised to $4.55!
Top picks for 2010: Keppel Land and UOL Group. Given the still mixedNEUTRAL on the property sector for the yearKeppel Land (BUY; FV: S$3.61) and UOL Group (BUY; FV:have emerged as our top pick for the property sector in 2010. For
outlook, we prefer to stay
ahead.
S$4.55)
Keppel Land, we have identified several positive catalysts ahead in 2010 -
the opening of the IRs, completion of the Marina Bay Financial Centre and
launch of MBS. For UOL Group, we like the foresight of the management
and strong earnings visibility over the medium term. In addition, both
counters offer compelling value to investors.
Dragon Mansion was sold for record enbloc price yesterday - break new record for Spottiswoode area.
UOL Group sitting on a gold mine at Spottiswoode park/Oakwood Htgs - freehold land pending redevelopment to luxurious condo. Price moving up >$4 soon !
Dragon Mansion sold for S$101m
By Jonathan Peeris, Channel NewsAsia | Posted: 01 December 2009 2109 hrs
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SINGAPORE: Dragon Mansion at 18 Spottiswoode Park Road has become the first successful en bloc sale in Singapore this year.
The property was sold to a unit of Roxy-Pacific Holdings for S$100.8m including the development charge. That translates to about S$863 per square foot per plot ratio.
CKS Property Consultants launched a tender for the site in July, after it obtained consent from more than 80 per cent of the owners to proceed with the sale.
The collective sale is subject to approval from the Strata Titles Board. Each owner of the 72 units of 3-bedroom apartments is expected to receive S$1.4m in sale proceeds.
The freehold site has a land area of about 42,000 square feet and is designated for residential use with a plot ratio of 2.8. CKS Property Consultants said the new development could potentially accommodate some 120 units of 1,000-square-foot apartments.
The brokers said the sale price sets a new benchmark for the Spottiswoode Park area, and reflects the limited availability of such freehold residential land near the Central Business District.
CKS Property Consultants is also the marketing agent for Mayfair Gardens in the prime Bukit Timah area. It said consent has already been obtained from more than 80 per cent of the owners to proceed with the sale and the collective sale tender will be launched soon.
UOL got lots of potential. Easily > $4.16 (From OCBC Research 16 Nov)
Raising our FY09 and FY10 earning estimates by 10.5% and 8%.
We have now raised our FY09 and FY10 PATMI forecasts by 10.5% and 8.0% to S$515.7m and S$282.8m respectively, after bringing forward our construction schedule for DBR and M@P. However, we have not factored in a potential downward revaluation of UOL's investment properties, which is likely during the independent valuation at the end of the year. Maintain BUY with fair value of S$4.16. Our RNAV estimate of UOL has now been raised to S$4.55 per share (previously S$4.44), after markingto-market its listed investments. Maintaining a very conservative 20% discount on our valuation of UOL's investment properties and development profits, we derive a fair value of S$4.16 (previously S$4.07) and this still translates to an upside potential of 26.6%. Valuation remains attractive at Price/Book of 0.64x, which has already more than factored in a potential downwards revaluation of its investment properties. We maintain our BUY rating on UOL.UOL | _ 3 mths ended Sep 2009 ___ Net Profit (S$M)_ | $ 105.60 | ___ + | 44% |
UOL slips into the red with Q2 loss of S$20m
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SINGAPORE : Property developer UOL has slipped into
the red in the second quarter. The firm made a loss of S$20 million in the three
months to June, compared to a profit of S$145 million in the same period last
year.
The loss was due to lower income from its hotel operations and
fair value losses recognised for UOL's investments in United Industrial Corp and
Marina Centre Holdings in the second quarter.
Revenue for the period
rose 2 per cent on-year to S$213.7 million, with the progressive recognition of
revenue from the sale of UOL's development properties.
Revenue from
property investments also improved due to higher average rental rates achieved
for the firm's investment properties.
UOL said that with substantial new
supply of office space in the pipeline in Singapore, rentals are likely to face
further downward pressure, while retail rentals may be affected by new mall
completions.
The company added that the outbreak of the H1N1 flu and the
global economic slowdown will continue to affect the hospitality industry in
Singapore and the Asia Pacific region.
wongmx6 ( Date: 12-Aug-2009 21:41) Posted:
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Quarter 2 Report, Link below,
wongmx6 ( Date: 30-Jul-2009 16:00) Posted:
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Quarterly result will be on 12 Aug 09.
Recently its performance is low.......low........low.......
Wish for good result loh.
petertan4949 ( Date: 22-Jul-2009 18:01) Posted:
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