Btw, what is this fair value adjustment from properties investment? Is it the revaluation of the properties?

I think I may have found the reason: if you take away the fair value adjustment from properties investment from the net income in the pro/loss acc.for this year the net profit is much lower, so for FY 2012 there may not be such value to enhance the net profit therefore lower EPS for FY2012. My estimate is at most 20cts if without the added value.

If it is safe to buy at this price it would be even better when the price drops

A good buy of a stock is after buying it you don't mind it drops further for you can buy some more.
I think UOADEV is one, with its cash, projected good sale and good payout (after all, most analyst said that FY 2012 should be better than 2011 and 2013 better than 2012 during its IPO) it should have certain intrinsic value even the market drops badly. If it is slow moving forget about its price just count on div. No doubt the IPO is overvalue but it has been discounted about 50%, it may not move but it's quite save at this lever.

I can clear all for I have good gain, I held EPMB for more than 2 years,the gain is only 50%,but I am happy with it.

sold all my EPMB ( ave.@ 1.03 ) reason: despite the increase in risk the reward to share holders cannot be increased until the contribution from MEX is significant which takes time.

I look at FCF in this way if FCF is -ve for some years and EPS keeps decreasing or no profit at all, this indicates the comp. is going down hill, best is don't touch it, however, if ROE or EPS keeps increasing it may indicate that the -ve FCF is due to extra CAPEX so as to generate more profit, and that is growth. I hope Hua Yang is in the case. Just imagine if they don't buy new land and when the land bank is used up they have nothing to sell. Anyway, I feel that the Q4 result won't be far off and the EPS should be 30cts+

I also want to thank you Chong, you made it active, you made hot, this is the fourth time above rm 1.00. I couldn't help but sold some. But i still think there's something good to be announced for the share holders later. Agree ?

date of agm has not been announced, but this is not important, the 10cts proposed div. should not be a problem, after all the mother holds very high % of the share, it's the cash cow to the mother. What we have to consider is to estimate the eps for FY 2012. I leave to you, just remember, the gross profit is 52% of the rev.(very few prop. companies has this value) and the GDV for FY2012 is more than 1.5b.

fact noted, thank you michael!

my current holding is bought at a price below 1.20 so it should not be a problem for me, to buy more? the Q4 result must be good and the div. must be 8cts +

Yes i have some, i'll invest more, slow moving suitable for me, i'll time in such a way that i can collect the div. in three months time for my new investment, you see if it is 5% in three months which means 20% for a year.

This is a small cap stock, fund managers won't touch it, but the good pt. is even the market drops badly the company is still there doing business, making good profit and giving good div.

go to bursamalaysia.com click listed companies/announcement/current/company(a-z),choose u then the company then Q4 report, hope this will help

agree, 100% !

i watched the share moved above rm1.00 three times yet i did not sell a single lot

it depends; base on price b4 2008 yes it has increased more than 200%; base on 2010 price about 1.20 that is 40cts adj. for bonus & splitting, it increases only 50% ; base on ex all price in jul.2011 {65cts} it drops about 6%, after dropping 40% to as low as 38.5cts in sept.2011. today price of 61.5cts is still below its ex all price.

yes chong i almost forget, let's col for it [c stand for cheer]

lol? oh not on me, i have been holding this share since its 60 cts days i hope it will move up to its fair value soon,
i wander why there is no indication of final div. in the 4Q report.

mistake in early post,2012 eps is not 40+ it's most likely about 30 cts; div. can be the same

may not be a giant but a good pay master,last year eps 36 cts [before bonus & splitting] paid all in about 26 cts,this year eps 10 cts will pay 5 cts

yes henry, so let's forget about the share price, according to report b4 the IPO 2012 will be better than 2011; 2013 will be better than 2012,hope it will turn out this way. by then it is hard to believe that the price is still this way

better than FD

let,s look at it this way:at this price you are paying 1.40 for a share with 2012 eps about 0.40+ & div. 0.10+