Highlights
KLSE: UEMS (5148)       UEM SUNRISE BHD MAIN : Property
Last Price Today's Change   Day's Range   Trading Volume
0.38   0.00 (0.00%)  0.375 - 0.385  1,221,700
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Overview

Market Cap: 1,724 Million
NOSH: 4,537 Million
Avg Volume (4 weeks):3,160,325
4 Weeks Range:0.355 - 0.415
4 Weeks Price Volatility (%):
41.67%
52 Weeks Range:0.275 - 0.81
52 Weeks Price Volatility (%):
19.63%
Average Price Target: 0.50
Price Target Upside/Downside: +0.12

Financial Highlight

Latest Quarter | Ann. Date 30-Jun-2020 [#2]  |  24-Aug-2020
Next QR | Est. Ann. Date: 30-Sep-2020  |  26-Nov-2020
T4Q P/E | EY: 45.32  |  2.21%
T4Q DY | Payout %: 0.00%  |  - %
T4Q NAPS | P/NAPS: 1.55  |  0.25
T4Q NP Margin | ROE: 2.02%  |  0.54%

Headlines

Date Subject
15-Oct-2020 Mplus Market Pulse - 15 Oct 2020
12-Oct-2020 【行家论股/视频】UEM阳光 折价73%估值诱人
12-Oct-2020 阳光相中绿叶/万年船
12-Oct-2020 UEM Sunrise Bhd - Proposed Land Disposal for RM434.3m
12-Oct-2020 Mplus Market Pulse - 12 Oct 2020
12-Oct-2020 UEM Sunrise - Monetising the Last of SiLC
06-Oct-2020 Why the Ecoworld-UEM deal is a better deal for UEM than Ecoworld - felicity
06-Oct-2020 UEM Sunrise Berhad - Merger Is On
06-Oct-2020 UEM Sunrise - Proposal to Merge UEM Sunrise With Eco World
06-Oct-2020 Mplus Market Pulse - 6 Oct 2020
06-Oct-2020 UEM Sunrise - A Property Giant in the Making
06-Oct-2020 Property Developers - Thoughts On The UEMS - ECOWLD Merger
05-Oct-2020 绿盛世UEM阳光整合计划问与答
05-Oct-2020 打造全马最大产业集团·绿盛世UEM阳光换股合并
18-Sep-2020 Mplus Market Pulse - 18 Sep 2020
25-Aug-2020 UEM Sunrise Berhad - Losses Widen
25-Aug-2020 UEM Sunrise - Earnings Recovery in 2HFY20
25-Aug-2020 UEM Sunrise - Badly Hit By The MCO
25-Aug-2020 UEM Sunrise - 1HFY20 Revenue Tumbles By 78.3%, Hit By MCO
25-Aug-2020 UEM Sunrise - 1HFY20 Below Expectations

Business Background

UEM Sunrise Bhd is a property development company wholly owned by Khazanah, an investment fund of the Government of Malaysia. The company focuses in macro township development; high rise residential, commercial, retail, and integrated developments; and property management and project & construction services. The company operates in three main business segments: property development, property investment, and others. The property development segment develops and sells residential and commercial properties. The property investment segment develops investment properties and holds them to earn rental income and/or capital appreciation. The property development segment generates the majority of the company’s revenue. Most of the company’s revenue is earned in Malaysia.
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lck1300 budget 2021 is coming next month , let's see how
21/09/2020 1:44 PM
Victor Yong kenangan sedikit

Najib Razak - Syarikat milik Khazanah, UEM Sunrise mula
Sep 11, 2019 - Syarikat milik Khazanah, UEM Sunrise mula berkembang ke ... Harga AUS$70 juta Ini hanya akan memberi sedikit keuntungan sahaja .
21/09/2020 3:55 PM
Victor Yong 30 Largest Securities Account Holders For Ordinary Shares As At 30/04/2020
No Name No of Shares Held
1 UEM GROUP BERHAD 2,997,491,779
2 CITIGROUP NOMINEES (TEMPATAN) SDN. BHD.
URUSHARTA JAMAAH SDN. BHD. (1) 348,871,500
3 CITIGROUP NOMINEES (TEMPATAN) SDN. BHD.
EMPLOYEES PROVIDENT FUND BOARD 202,113,137
4 CITIGROUP NOMINEES (TEMPATAN) SDN. BHD.
GREAT EASTERN LIFE ASSURANCE (MALAYSIA) BERHAD (PAR 1) 53,985,500
5 HSBC NOMINEES (ASING) SDN. BHD.
JPMCB NA FOR THE NATIONAL FARMERS UNION MUTUAL INSURANCE SOCIETY LTD. 39,671,909
6 HSBC NOMINEES (ASING) SDN. BHD.
JPMCB NA FOR VANGUARD EMERGING MARKETS STOCK INDEX FUND 26,801,900
7 CITIGROUP NOMINEES (ASING) SDN. BHD.
CBNY FOR NORGES BANK (FI 17) 23,618,700
8 CITIGROUP NOMINEES (TEMPATAN) SDN. BHD.
GREAT EASTERN LIFE ASSURANCE (MALAYSIA) BERHAD (PAR 3) 22,714,300
9 HSBC NOMINEES (ASING) SDN. BHD.
JPMCB NA FOR VANGUARD TOTAL INTERNATIONAL STOCK INDEX FUND 20,092,955
10 CITIGROUP NOMINEES (ASING) SDN. BHD.
CBNY FOR EMERGING MARKET CORE EQUITY PORTFOLIO DFA INVESTMENT DIMENSIONS GROUP INC. 19,126,845
11 CITIGROUP NOMINEES (TEMPATAN) SDN. BHD.
EXEMPT AN FOR AIA BHD. 18,478,200
12 LIEW SWEE MIO @ LIEW HOI FOO 17,300,000
13 DB (MALAYSIA) NOMINEE (ASING) SDN. BHD.
THE BANK OF NEW YORK MELLON FOR DELAWARE GROUP GLOBAL & INTERNATIONAL FUNDS DELAWARE EMERGING MARKETS FUND 17,000,000
14 CITIGROUP NOMINEES (ASING) SDN. BHD.
CBNY FOR DIMENSIONAL EMERGING MARKETS VALUE FUND 16,753,445
15 CARTABAN NOMINEES (ASING) SDN. BHD.
EXEMPT AN FOR STATE STREET BANK & TRUST COMPANY (WEST CLT OD67) 15,100,800
16 AMANAHRAYA TRUSTEES BERHAD
PUBLIC ITTIKAL SEQUEL FUND 12,835,400
17 CITIGROUP NOMINEES (ASING) SDN. BHD.
CBLDN FOR POLUNIN EMERGING MARKETS SMALL CAP FUND, LLC 10,659,934
18 AMANAHRAYA TRUSTEES BERHAD
PUBLIC ISLAMIC DIVIDEND FUND 10,376,500
19 AMANAHRAYA TRUSTEES BERHAD
PUBLIC SAVINGS FUND 9,090,300
20 CITIGROUP NOMINEES (ASING) SDN. BHD.
EXEMPT AN FOR CITIBANK NEW YORK (NORGES BANK 1) 8,793,100
21 CITIGROUP NOMINEES (ASING) SDN. BHD.
CBNY FOR DFA EMERGING MARKETS SMALL CAP SERIES 8,599,800
22 HSBC NOMINEES (ASING) SDN. BHD.
EXEMPT AN FOR BANK JULIUS BAER & CO. LTD. (SINGAPORE BCH) 8,361,365
23 CITIGROUP NOMINEES (TEMPATAN) SDN. BHD.
EMPLOYEES PROVIDENT FUND BOARD (RHBISLAMIC) 7,900,000
24 AMANAHRAYA TRUSTEES BERHAD
PUBLIC ISLAMIC EQUITY FUND 7,639,600
25 DB (MALAYSIA) NOMINEE (ASING) SDN. BHD.
BNYM SA/NV FOR NFU MUTUAL GLOBAL GROWTH FUND 7,500,000
26 UOB KAY HIAN NOMINEES (ASING) SDN. BHD.
EXEMPT AN FOR UOB KAY HIAN PTE. LTD. ( A/C CLIENTS ) 6,508,747
27 DB (MALAYSIA) NOMINEE (ASING) SDN. BHD.
SSBT FUND ZYEF FOR VANGUARD GLOBAL EX-U.S. REAL ESTATE INDEX FUND 6,492,365
28 CARTABAN NOMINEES (ASING) SDN. BHD.
STATE STREET LONDON FUND OD75 FOR ISHARES PUBLIC LIMITED COMPANY 4,825,300
29 DB (MALAYSIA) NOMINEE (ASING) SDN. BHD.
THE BANK OF NEW YORK MELLON FOR DELAWARE VIP TRUST DELAWARE VIP EMERGING MARKETS SERIES 4,748,132
30 CARTABAN NOMINEES (ASING) SDN. BHD.
SSBT FUND J724 FOR SPDR S&P EMERGING MARKETS ETF 4,739,288
Total 3,958,190,801
21/09/2020 4:00 PM
Victor Yong Is privatisation or MGO approaching?

We also redeemed 123.3 million UEM
Sunrise Redeemable Convertible
Preference Shares (UEMS RCPS) issued
to UEM Group Berhad (UEM Group), our
majority shareholder, in October 2015 at
a redemption value of RM150 million.
The redemption was funded by internally
generated funds. The balance 669.2 million
UEMS RCPS are expected to be converted
into new UEM Sunrise ordinary shares at
RM1.60 per UEMS RCPS for one ordinary
share. Upon the maturity of the UEMS
RCPS in October 2020, UEM Group’s
shareholding in UEM Sunrise will increase
to a potential 69.6%.

Source: annual report
21/09/2020 4:17 PM
Good123 Areca Capital Sdn Bhd CEO Danny Wong concurs that the local stock market remains intact, and does not foresee a huge correction. “Other than the technology and glove stocks, the market has not run up a lot. Right now, investors are looking forward to 3Q corporate results and measures from the upcoming Budget 2021.”
21/09/2020 5:24 PM
Victor Yong OTHERS ISSUANCE OF RM350.0 MILLION ISLAMIC MEDIUM TERM NOTES ("IMTN") PURSUANT TO AN ISLAMIC MEDIUM TERM NOTES PROGRAMME ("IMTN PROGRAMME"), WHICH TOGETHER WITH AN ISLAMIC COMMERCIAL PAPER PROGRAMME ("ICP PROGRAMME") SHALL HAVE AN AGGREGATE NOMINAL VALUE OF UP TO RM2.0 BILLION (WITH A SUB-LIMIT OF RM500.0 MILLION IN NOMINAL VALUE FOR THE ICP PROGRAMME) UNDER THE SHARIAH PRINCIPLE OF MURABAHAH (VIA A TAWARRUQ ARRANGEMENT)

UEM SUNRISE BERHAD

Type Announcement
Subject OTHERS
Description ISSUANCE OF RM350.0 MILLION ISLAMIC MEDIUM TERM NOTES ("IMTN") PURSUANT TO AN ISLAMIC MEDIUM TERM NOTES PROGRAMME ("IMTN PROGRAMME"), WHICH TOGETHER WITH AN ISLAMIC COMMERCIAL PAPER PROGRAMME ("ICP PROGRAMME") SHALL HAVE AN AGGREGATE NOMINAL VALUE OF UP TO RM2.0 BILLION (WITH A SUB-LIMIT OF RM500.0 MILLION IN NOMINAL VALUE FOR THE ICP PROGRAMME) UNDER THE SHARIAH PRINCIPLE OF MURABAHAH (VIA A TAWARRUQ ARRANGEMENT)
UEM Sunrise Berhad (“UEMS”) wishes to announce that it has successfully completed its issuance of RM350.0 million in nominal value of IMTN under the IMTN Programme established in 2012.



The IMTN has a tenure of 3 years and will mature on 21 September 2023. The proceeds from the IMTN will be utilised for UEMS’ Shariah-compliant general corporate purposes.



This announcement is dated 21 September 2020.
21/09/2020 11:18 PM
Good123 绿盛世森产业实达UEM阳光库存多

“以个别公司最新财务报表来看,我们发现绿盛世(ECOWLD,8206,主板产业组)、森产业(SIMEPROP,5288,主板产业组)、实达集团(SPSETIA,8664,主板产业组)和UEM阳光(UEMS,5148,主板产业组)等大型发展商库存最高,主要是这些公司推介更多房产计划。”

为评估空置税对产业发展公司冲击,大马投行以当前滞销单位未有减少,以及1%、2%和5%空置税为准对发展商净利进行敏感分析,发现1%空置税将拉低发展商2021财政年净利1.1至7.1%。

“若税率为2%和5%,盈利将分别减少2.3至14.2%,以及5.7至35.6%。”

整体来看,两大证券行相信随著空置税的推介,预见产业发展商在规划未来房产计划时将更为谨慎和审慎,因此给予产业领域“中和”评级。

其中,联昌研究说,尽管马股产业指数估值现仅0.4倍,低于10年股价对账面值的0.75倍,但碍于宏观经济展望疲弱、房产可负担能力问题和房产销售潜在走跌,领域前景依旧充满挑战。

“森产业靠著强劲资产负债表、战略地库和庞大地库优点,继续成为产业股投资首选。我们也青睐实达集团,主要是其估值低于0.3倍、地库庞大,以及2020至2022财政年盈利有望改善。”

随著空置税“喊停”,产业发展商暂可松一口气,惟只要滞销问题无法获得解决,有关措施还是有卷土重来之势。
22/09/2020 9:27 AM
Good123 owned by khazanah, no issue with financing.  5148    UEMS    UEM SUNRISE BERHADOTHERSOTHERS
ISSUANCE OF RM350.0 MILLION ISLAMIC MEDIUM TERM NOTES ("IMTN") PURSUANT TO AN
ISLAMIC MEDIUM TERM NOTES PROGRAMME ("IMTN PROGRAMME"), WHICH TOGETHER WITH AN
ISLAMIC COMMERCIAL PAPER PROGRAMME ("ICP PROGRAMME") SHALL HAVE AN AGGREGATE
NOMINAL VALUE OF UP TO RM2.0 BILLION (WITH A SUB-LIMIT OF RM500.0 MILLION IN
NOMINAL VALUE FOR THE ICP PROGRAMME) UNDER THE SHARIAH PRINCIPLE OF MURABAHAH
(VIA A TAWARRUQ ARRANGEMENT)
You are advised to read the entire contents of the announcement or attachment.
To read the entire contents of the announcement or attachment, please access
the Bursa website at http://www.bursamalaysia.com

21/09/2020   05:19 PM

Ref Code: 202009213000165
22/09/2020 9:43 AM
Victor Yong Q3 results should be +

UEM Sunrise Bhd achieved more than RM400.0m in sales and bookings in less than two months after the launch of its ‘The Happy Chase’ campaign, which will run until 31st May 2021. The campaign is the group’s response to the enhancement of the Government’s reintroduction of the Home Ownership Campaign as part of the Short-Term Economic Recovery Plan (Penjana) following the Movement Control Order to curb the spread of the COVID-19 pandemic. (The Edge)
22/09/2020 10:06 AM
Victor Yong Location and
address of property
Brief description
and existing use
Area
(sq meters)
Tenure and
year of expiry
Age of
building
(years)
Net book value
as at 31/12/2019
RM’000
Date of
revaluation/
acquisition
Iskandar Puteri
(fka Bandar Nusajaya)
Iskandar Development Region
Johor Darul Takzim
Land held for property
development and
development in progress
20,351,272 Freehold - 2,344,627 1995
HSD 64677 PTD 108319 &
HSD 64682 PTD 108325
GM 1408, Lot 1033
GM 1410, Lot 1080
Mukim Senai
District of Kulai
Johor Darul Takzim
Land held for property
development
10,116,200 Freehold - 901,031 6-Oct-15
PTD 26684-26689
26691-22693
Mukim Batu
Daerah Kuala Lumpur
Wilayah Persekutuan
Kuala Lumpur
Land held for property
development
269,237 Leasehold
expiring on
29-Dec-2112
- 770,775 02-Apr-19
PTD 43305-43350, 43361-43437
44290-44505, 44520, 44533
Mukim Semenyih
Daerah Ulu Langat
Selangor Darul Ehsan
Land held for property
development
1,269,223 Freehold - 392,076 29-Sep-11
Solaris Dutamas
1 Jalan Dutamas 1
50480 Kuala Lumpur
Building - Retail and Carpark 150,187 Freehold 9 391,100 25-Jul-11*
GM 4733 Lot 149 Seksyen 58
Bandar of Kuala Lumpur
Daerah Kuala Lumpur
Land held for property
development
6,434 Freehold - 324,221 4-Jun-11*
Arcoris
GM 9305 Lot 80199
Mukim Batu
Daerah Kuala Lumpur
Hotel, Retail and Carpark 66,397 Freehold 2 (Hotel),
3 (Retail and
Carpark)
313,647 20-Mar-12
PN 102216 Lot 93720
Mukim Petaling
Daerah Petaling
Selangor Darul Ehsan
Land held for property
development
77,864 Leasehold
expiring on
18-Sep-2093
- 119,269 03-Feb-18
PN 9988 Lot 1108
Pekan Kajang
Daerah Ulu Langat
Selangor Darul Ehsan
Land held for property
development
136,205 99 years lease
expiring on
22-Dec-2090
- 99,663 14-Jun-11*
PN 9989 Lot 1109
Pekan Kajang
Daerah Ulu Langat
Selangor Darul Ehsan
Land held for property
development
98,329 99 years lease
expiring on
22-Oct-2090
- 63,041 14-Jun-11*
PTD 4936-4955 and 7905
Mukim of Batang Padang
Daerah Batang Padang
Perak Darul Ridzuan
Agriculture land 9,710,241 Leasehold
expiring on
18-Aug-2109
- 76,192 19-Aug-10
Aurora Retail
224-252 La Trobe Street
Melbourne, Australia
Building - Retail 2,123 Freehold 2 88,574 24-Aug-18
* Revaluation date
22/09/2020 11:06 AM
Good123 tak pasti, kurangkan pegangan saham ataupun penswastaan.UEM Sunrise Bhd may be on the list of companies that Khazanah Nasional Bhd plans to pare down shareholding in.
22/09/2020 3:53 PM
Good123 right timing to do it too now UEM Sunrise to buy Eco World? - New Straits Times

19 Sep 2019 · Khazanah Nasional Bhd, which has a 66.06 per cent indirect interest in UEM Sunrise, may thus see its stake diluted.
22/09/2020 3:54 PM
Good123 uems is very rich in land too :) Lagenda also acquired 623 acres of land from UEM Sunrise Bhd located just next to the 229.73-acre land in Tapah last month. Altogether, Lagenda will have a combined total development area of 853 acres.
22/09/2020 3:55 PM
Good123

In Asia, Japan's markets reopen on Wednesday after a two-day public holiday, which could trigger some volatility. Australian S
23/09/2020 8:51 AM
Good123 help to boost property sale here :) SHANGHAI -- Chinese companies are leading the charge in the recovery of Asian corporate earnings, accelerating the shift in the center of global economic power from the West to Asia.

During their most recent quarters, Chinese enterprises grew net profit by 43% from a year earlier, based on results from 201 top-performing, nonfinancial Asian companies. The number outpaces the overall Asian average of 34%.

China's companies have thrived recently for two reasons. The coronavirus pandemic seems to have accelerated the country's industrial transformation, putting its tech giants on top. The economic stimulus agenda rolled out by Beijing also appears to have been effective. Businesses involved in infrastructure projects have staged a dramatic comeback.

Chinese corporations account for 129 out of the 201 best-performing Asian businesses, accounting for about two-thirds of the total.

Sitting at the top of the list is China's biggest e-commerce company Alibaba Group Holding, which boasted a net quarterly profit of $6.71 billion. Chief rival, chat app and game developer Tencent Holdings, also led the pack, reporting earnings of $4.67 billion.

In a display of the company's reach, Tencent's world championship esport tournament at a Beijing gymnasium on Aug. 16, which featured the multiplayer battle-arena game Honor of Kings, drew roughly 570 million online viewers.

Tencent Holdings has seen revenue from online gaming swell by 40%. (Photo by Yusho Cho)

Mobile games, such as Honor of Kings, have seen demand spike as consumers shelter at home during the pandemic. For the second quarter ended June, Tencent's online gaming revenue jumped 40% on the year to 38.2 billion yuan ($5.6 billion).

Smartphone game developer NetEase also reported a 40% rise in its bottom line during the second quarter.

Chinese tech companies earned an aggregate net income of $56.8 billion last quarter, well above the $39.7 billion from a year earlier. Alibaba and Tencent combined turned in $11.3 billion. Those two companies alone earned more than what was generated at 21 leading South Korean companies ($8.9 billion) or 18 top Taiwanese corporations ($8 billion).

The recovery also extends to parts of China's manufacturing industry. Shanghai-based SAIC Motor reported a 27% bounce in net profit for the second quarter. Automobile sales in June outperformed the year earlier number as buyers who balked at car purchases earlier in the year returned to the market.

Construction equipment maker Sany Heavy Industry saw its bottom line swell 70%. State-owned contractors like China State Construction Engineering Corp. and China Railway Construction Corp. grew net income as well.

China was able to contain the spread of the coronavirus and restart economic activity earlier than other countries. The government also extended subsidies and expanded infrastructure investment to accelerate the recovery.



President Xi Jinping's administration front-loaded local government bond issuances and provided funding for public works projects, measures that boosted corporate earnings.

The Asian profit ranking is based on QUICK FactSet data covering 44,000 listed companies worldwide. It compares Asian nonfinancial companies that appear in a roster of 1,000 leading global enterprises. Net incomes from the three-month periods ending May, June and July have been converted into dollars.

Out of 1,000 global corporations that lead in net profit, nearly 730 are nonfinancial. Among that contingent, China and the rest of Asia make up 21%, a share up almost 4 points from a year earlier.

As Asia's presence in the global economy grows, China under Xi continues to stand defiant in friction with the U.S. The shrinking economic gap between the two countries appears to be fueling Beijing's confidence.
23/09/2020 9:04 AM
Good123 terbang tak lama lagi UEM Sunrise peruntuk tanah untuk pembangunan HSR - Berita Harian

17 Apr 2019 · ISKANDAR PUTERI: Pemaju hartanah terkemuka yang juga pemaju induk Iskandar Puteri, UEM Sunrise Bhd (UEM Sunrise) ...
23/09/2020 3:59 PM
Good123 above 40sen hsr confirm nanti :)
23/09/2020 4:00 PM
Good123 RHB Research sees an earnings recovery for the company in the second half of this year on the back of a potential pick-up in billings and property sales boosted by the government’s Home Ownership Campaign (HOC) 2020

PETALING JAYA: Analysts remain bullish on UEM SUNRISE BHD’s long-term outlook although some have lowered their earnings estimate on the property developer.

RHB Research sees an earnings recovery for the company in the second half of this year on the back of a potential pick-up in billings and property sales boosted by the government’s Home Ownership Campaign (HOC) 2020.

“In view of the weak first quarter (Q1) earnings, we cut our FY20-22 earnings forecast by 8%-15%. While we expect second-quarter earnings to also be disappointing, the second half of the year should see some recovery as billings pick up, ” it said in a report yesterday.

Meanwhile, CGS-CIMB Research maintained an “add” call on UEM Sunrise shares with a target price of 59 sen, which is 0.4 times of its FY21 price-to-book value (P/BV).

“We remain positive on UEM Sunrise due to its attractive valuation (0.3 times FY21 P/BV, lower than its peer average of 0.4 times) and improving balance sheet with the completion of the Australia projects and financing having been fully settled, despite weaker earnings in FY20F due to lumpy revenue recognition of its Australia projects in FY19, ” said CGS-CIMB Research.

Last week, UEM Sunrise said its earlier sales and gross development value (GDV) targets of RM2bil for this year could be impacted by the uncertainties in the economy.

The group posted a net loss of RM21.94mil for the first quarter ended March 31,2020, from a net profit of RM30.1mil in the same period last year.

It posted lower revenue of RM195.85mil compared with RM419.26mil a year ago as the ongoing construction works were at the early stages of progress.

CGS-CIMB said UEM Sunrise key projects lined up for the second half of this year include Allevia Mont’ Kiara (GDV RM542mil) and Senadi Hills Iskandar Puteri (GDV RM399mil).

“We view the RM2bil new sales target as too ambitious despite the positive measures announced under the Short-term Economic Recovery Plan amid an expected gross domestic product contraction and higher unemployment, ” it said

Meanwhile, UOB Kay Hian Research said that UEM Sunrise has unbilled sales to sustain earnings for next 1-1.5 years.

The group’s unbilled sales as of end-1Q20 stood at RM1.8bil.

“Despite the weak sentiment in the property market, we reckon the announced incentives for the property sector like the reintroduction of HOC, removal of real property gain tax and loan to value of 70% would be able to generate new sales for UEM Sunrise’s property sales.

“Also, UEM Sunrise guided that it will be reviewing the pricing of its property projects to ensure the pricing of its products is competitive with surrounding competitors, ” UOB Kay Hian said.

The research house foresees UEM Sunrise’s second-quarter results to soften due to the absence of domestic billings amid the movement control order.

Nonetheless, it expects gradual recovery in the second half of the year onward as UEM Sunrise is expected to gradually recognise the progress billings of its unbilled sales, deliver its Australian property (unbilled: RM500mil) and gradual improvement property sales boosted by the HOC 2020.
23/09/2020 4:05 PM
Good123 Uems will be a strong beneficiary of KL – Singapore High Speed Rail (HSR) Project.

UEMS is the master developer of Gerbang Nusajaya which hosts Iskandar Puteri HSR station. Gerbang Nusajaya commands a gross development value (GDV) of RM42 billion.
23/09/2020 4:15 PM
Good123 Recent land disposals in Iskandar would allow the group to monetise its vast land bank in Iskandar Johor and redeploy the capital either to pare down its debt or invest in new land bank. This would result in positive earnings in the upcoming quarterly reports.
23/09/2020 4:16 PM
newbie300 oiii... UEMS Mgmt...Top holder of the Hall of Shame..just one trade ah.... still hibernate or ...? shame shame lah...
25/09/2020 9:53 AM
koyokui Buy uems become mahsing
30/09/2020 9:20 AM
jackson88 Congrats to all....UEM Sunrise going up today ....and big volume. Any idea what is happening?
01/10/2020 4:57 PM
Moneyking543 namun begitu can sustain bo
01/10/2020 5:05 PM
newbie300 @ jackson88...to trap more ikan bilis... mgmt tak pandai buat bisnes, tapi pandai main dilaut makan ikan bilis...bukan pancing yo... dia pakai pukal... sekali hangus...
02/10/2020 4:32 PM
Sneakpeek Up 0.01 down 0.015 kah.. Kah
02/10/2020 9:10 PM
satt1984 https://www.sinchew.com.my/content/content_2353304.html?fbclid=IwAR1ZHt0ke9GdxoTGKVSyMIIPX4hhGMOkk7wHG5NyXJ135G7saU4vLM6R_p8

Time for uems to take acquire again...they have very big piece of land iskandar area.

https://www.edgeprop.my/content/1744181/what-will-happen-if-uem-sunrise-merges-eco-world
04/10/2020 1:07 PM
HuatlaiOnglai The merger gaining traction with response from TS seeking some of his stake at EW.
05/10/2020 8:31 AM
cscool hope will goreng up up up..
05/10/2020 9:14 AM
JDinvestor Grabbed 10% profit. Bye ~
05/10/2020 12:13 PM
jackson88 I think this is bad for UEM Sunrise. Ecoworld got huge debts. Will try to sell in afternoon if price better.
05/10/2020 12:30 PM
Keyman188 Strongly advise better don't touch Khazanahs' holding company, majority heading downside risk...

Just look at

MAS (cash crunch)

Airport

Cimb

Axiata

UEM Sunrise

Uem Edgenda

IHH
05/10/2020 3:56 PM
labu83 1 day show(tiger show)
Or goreng
05/10/2020 5:38 PM
Careonng They ppl doing business, even monopoly in market also able loss a lot, company will loss, but they will fat fat...bcoz, you know and I know the reason lo.
05/10/2020 11:10 PM
5354_ Ecoworld all QR profit why complain?
06/10/2020 8:47 AM
hksoon The Star newspaper report : Public Investment Bank Research opined that the proposed merger between UEM Sunrise and Eco World was not surprising given current challenging property market conditions. adding that sector consolidation is ripe to happen to strengthen market positioning.

Meanwhile, Lum also downgraded the property sector from “outperform” to “neutral” in his sector update report yesterday, as Kenanga switched its investment narrative to the sector’s challenged fundamentals instead of a tactical rebound play based on depressed valuations previously.

“Earlier, our tactical “outperform” call was premised on the fact that the steep fall in share prices and valuations in March were bound to see a relief rebound.
07/10/2020 11:18 AM
newbie300 think it is force merge... wanna eat up eco...not surprisingly after merge then all declare loss again, if this group of ppl still manage it... u give them a a basket of golden egg, they will be lost and left out underwear...
07/10/2020 2:46 PM
hksoon like last time Cimb swallowed up Southen bank, PNB swallowed the s p
08/10/2020 10:30 AM
bullrun1985 keep dropping.....
08/10/2020 4:03 PM
donaldchong1991 Eco world to decide the merger decision on board today
08/10/2020 4:24 PM
ElwinPg Can someone please help buy at 38sen? I'm already placed order to sell 2000 lots at 38sen. Please help buy it.
08/10/2020 4:29 PM
bullrun1985 I have makan ur shares
08/10/2020 5:09 PM
hengeh Ya xuxu, you may leave this stock dy. Don
08/10/2020 5:11 PM
labu83 Merger or what ever,? , I just want know, goreng or not...
09/10/2020 10:50 PM
Smallretailer Khazanah being made a scapegoat to buy ecoworld. The md obviously does not want to be blamed,better exit now and be the target of a failed debt ridden company,or companies (two)
10/10/2020 8:50 PM
BN_better Miss Najib as PM.
12/10/2020 7:13 AM
BN_better Merger will leave UEM Sunrise saddled with debts, warns Najib
https://www.freemalaysiatoday.com/category/nation/2020/10/11/merger-will-leave-uem-sunrise-saddled-with-debts-warns-najib/
12/10/2020 7:17 AM
obakh222 UEMS will always have the magic moneys. With the merger UEMS will have more diversed businesses dont you think?
13/10/2020 5:47 AM
SamLiRainMaker guys. is better to turn your attention to WCT now. Something big will be happen in a month time.
23/10/2020 11:12 AM
Jeffreyteck Trading range 0.35_0.45.
24/10/2020 10:15 AM


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