Uni-Asia   

Oened below ipo price???

the company is dealing with

UNI-ASIA FINANCE CORPORATION

Full Company Name:	Uni-Asia Finance Corporation
Incorporated in :	OTHERS
Incorporated on :	17 Mar 1997
ISIN Code :	KYG919821010
Registered Office :	Ugland House PO Box 309 Grand Cayman Cayman Islands British West Indies
Telephone:	852 2528 5016
Fax:	852 2528 5020
Secretary:	Joanna Lim Lan Sim Lim Aik Kun
Link to Internet Website

SHARE CAPITAL
-
Authorised Capital :	USD120,000,000 ordinary shares	Par Value :	USD0.160
Issued & Paid-up Capital :	USD39,709,120	Trading Currency :	SGD

LISTINGS Listed on 17 August 2007 on SGX Mainboard

REGISTRARS Lim Associates (Pte) Ltd REGISTRAR ADDRESS 3 Church Street #08-01 Samsung Hub Singapore 049483

AUDITORS PricewaterhouseCoopers

BACKGROUND The Company was incorporated in the Cayman Islands on 17 March 1997. Uni-Asia is an Asia-based structured finance arrangement and alternative assets direct investment firm. The Company provides transport-related finance arrangement and investment/management of alternative assets such as ships, distressed assets and real estate. Structured Finance The Group provides an integrated service to clients by offering financing solutions together with charter arrangement services tailor-made to our clients? needs. Its services include acting as the arranger and agent for the structured financing provided by third party financial institutions, and offering tax-enhanced structured services and products, including mortgage financing, tax-oriented leases, as well as export credit agency (?ECA?) backed credit, ship charter arrangement, and balance sheet management. Alternative Assets Investment The Group?s Alternative Assets Investments division leverages on its specialist skills in structured finance arrangement and credit analysis to invest in, either as the principal investor or in partnership with other investors, three key alternative assets classes are Ship Investment, Distressed Assets Investment and Property Investment. The Group has offices in Tokyo, Hong Kong and Singapore serve clients that include established international shipping and aviation companies as well as transport conglomerates like the Evergreen Group and P.T. Berlian Laju Tanker TBK.

 

 

 

what is the biz of this company? Anyone care to explain.

 

Many shd hve sense the drop coming already...so many pple talking about it and boasting how much they made...also pg 49 latest EDGE..claim way overstretched..price is book is astronomical at more than four times and i also highlighted in one of the threads..probably in ipo Chinaoil fields warning readers not to be over euphoric
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You could sharpen your shorting skill again tomorrow with this baby. strictly not for newbie.

 

Go UP without reason will eventually lead to go DOWN without reason

 

WHAT HAPPEN????????????????

 

BB unloading....the japs are going hoome

 

Run ... run... very fast. Crashing down.

 

haha made some kopi$ shortin uni-asia. madness volatility there lolx

 

Uni-asia up again 400% above ipo price! Those behind it are pretty co-operative. Wonder which heroes will be the last ones holding!

 

Dear all, better stay away from this counter. Many have bought below $1 and have been collecting upwards. They are targeting $3, some even $4 and are not selling. This stock has strong demand. When you short you are helping them to achieve their target. No point betting on this one as it is easily manipulated because of its very small float. Better to be safe than sorry.

 

Thanks

 

Hi, suilianglee

The source is from  Dow Jones News at www.shareinvestor.com. But you have to register as member. It is not free.

 

Latest EDGE mag..way overstretched..PE reasonable but price-to-book is astronomical at > 4 times.Stop loss $2.05It has hit target of $2.50..trade with care and don't be caught

 

I'll short it again on monday.  I don't believe it wouldn't drop.

 

Rose on talks of hedge fund buying.

 

 

DJ MARKET TALK: Uni-Asia +17.7%; Gains Not Sustainable - Trader 0744 GMT [Dow Jones] Uni-Asia Finance (C3T.SG) +17.7% at S$2.59 in heavy trade, extending largely unbroken uptrend since late September. Local house trader says strong gains "pure madness" given lack of newsflow; "this is a very small float. The business model is fine, but based on fundamentals, I don't think it can be at this price." Notes interest in company low in first 2 weeks of August debut, when stock stuck around IPO price of S$0.55; "this is a company based in Japan, where all the cheap money is available. Business is doing well, but the sudden jump in share price doesn't warrant it." Arranger of structured finance for transport sector this week said its unit Prosperity Containership has secured loan of up to US$61.8 million to buy vessel. Upside may be capped at session high of S$2.62, where current offers high. (FKH)

 

beautifik....i didnt read the Edge, but heard tp $3....anyone has anything to add?

 

 

this stock sudden shoot up at least $0.6+++ this week....anybody here to comment on this stock? go short or long? tks!