
Tks u for the advise. Anyway still sold some today.
cng444,
This counter, like most other property counters, have gone up approx 30% (about 1.40 to 1.80) since june/July.
If you believe FA is good, then suggest you time your entry when the TA charts start to show a bottoming out or an uptrend.
I read your post but hesitate to reply. Difficult to say good price to buy.Base on chart down trend, base on fundamental good buy.
is now a good pricr to enter? since we are buying lower then Gokongwei. Anymiore upside? Any expert can give advise?
UIC go down below $1.80 despite Singland holding quite well at $8.30.
You are correct, TA showing downtrend.This counter quite different from others. There are three big investors supporting it. Recently Gokongwei bought 7.5 mil.at $1.80. Morgan Stanley also bought some later at higher px. Wee CY no action yet.The px not likely to go down below $1.80. and the expected good 3Q result is due soon.
Volume quite inconsistent. TA showing this counter is on a downtrend.
Volume quite inconsistent. TA showing this counter is on a downtrend.
shplayer,
Still remember your earlier posts on UIC and Singland. Fundamental of these two stocks still the same.Future look good and sound.Hope it just a pull back.
derekchong,
UIC is always lagging Spore Land. Even though SLL has come down to about $8.40, the theoretical price for UIC (with SLL at this level) should be about $1.94......this again does not take into account the other factors mentioned in my earlier posts.
Think pull back is due to some analysts report on SLL that is fully valued and downgraded it from BUY to HOLD.
This is an FA point of view......
thk singaporegal.
hoping Gokongwei, Wee CY and Morgan Stanley to reverse this trend for their own interest as well as the investor.
Yep... definitely reversing....
hi singaporegal,
now px dropping . TA indicators also not good. Is it a sign of trend reversal.
Now dropping... sudden price change might occur.
1000 lot married deal done this morning. for the past half hour someone sell one lot at a time .trying to be funny.
now there are third party jointing the arena for UIC.It will be very interesting if there is a takeover fight.
UIC may see another price uptrend tomo........Morgan Stanley reported holding more than 6% of this counter.
derekchong,
Its a married deal....no details on price or party/ies he bought it from.
I suspect JG is trying to strenghten his position. Lets wait for Wee CY's response.
As JG already crossed the 30% threshhold earlier this year and he made a general takeover offer, he is not obliged to do so again.
Anyone else have have an opinion on this development???? Do contribute.
hi shplayer,
Gokongwei has increase his holding in UIC from 30.995 % to 31.540%..It is a good news.Any comment on this new development.
UIC is on the move now.as the date for 3Q result get nearer.