In line with the theme of the departure of the CEO, the group along with its major shareholder appears to be signaling more aggression in increasing shareholder value The future, which is bright, is now looking brighter. The sharks signaling their intent. All the best !

Personally, I think this is one of the better news for UEMS investors. All this while talk talk talk but no performance. Ya la, can rely on land appreciation, but that is not on the performance of the company, but rather windfall from govt plans and initiatives.

People up there finally realize, we can’t go on like this forever. Time to shake things up. Good luck guys !


nisah395
KUALA LUMPUR (Dec 4): UEM Sunrise Bhd (KL:UEMS) has announced the resignation of its chief executive officer, Sufian Abdullah, which will take effect from Feb 28, 2025.

@Eric, while I agree that a lot of the first wave in UEMS was driven by the excitement of the Iskandar story and potential increase in asset value (RNAV), supported also by the improved outlook of the property sector that drove the property index, I just wonder if that excitement stays once all the news is out and stale. Would it then transition to focus on actual work and delivery of profits that is derived from that increased land value, hence, my emphasis on PE, which granted is not the only way to arrive at a fair stock price.

Main thing we both can agree on, is there will be much bigger profits in the future. For now, just have to endure the accumulation process, before the next push/wave comes.

The 60 cents wasn’t plucked from the sky and neither is it an absolute certainty. It’s just a 61.8% retracement from what I think is a 5 wave move from 18 cents to 1.28 cents. Of course, this is not an exact science, hence, it is by no means a definite outcome, merely a possibility.

Someone asked why is Simeprop in the 1.40s and UEMS is struggling to beat 1.03. That’s because Sime is currently making about 5 to 6 times more in earnings per share compared to UEMS. As I’ve mentioned, UEMS can also be 1.50-2.00 if it earns about half a billion, like what Sime is doing right now.

Maybe UEMS will do it one day. But it has to prove it. Maybe a quarter or two scoring 100m-120m per quarter in earnings will help.

At this point in time, not touching on potential, and going by the price earnings ratio for Sime (18x), UEMS is worth 27.5 cents (1.53EPS x 18). However, the stock market looks towards the future, hence, the question is how much does the market think UEMS will earn in 2025/2026? This is why it's not hovering at 27.5 cents, and instead, currently at 94.5 cents.

Analysts can write a report, set price targets, based on whatever assumptions, however, investors will decide based on results. The more times UEMS fails in increasing profits substantially and consistently, the less investors are confident with UEMS' ability to bring the growth that is assumed by those analysts. In the last few quarters, property counters have been bringing in growth but this counter has really been lagging behind.

I’m not being critical for the sake of it. It’s just reality that the UEMS management is taking its own sweet time. Nothing wrong with that, investors will just have to be patient.

Question now is, how long will it take for UEMS to reach 500mil profit a year? When there’s clearer progress towards that number based on results and guidance, the price will begin to head towards the 1.50-2.00 region. In the meantime, we can only guess what the sharks will be up to.

Good luck guys ! Have a great weekend

Technically, it may even be 60 cents. Fundamentally, for now, that is very possible. However, the sharks have the final say. They can keep it lofty if they want - with the Johor story. Who knows?

For those who think this stock is useless and think it's underperforming. Let me remind you it has moved 5-6 times if you had bought it 2 years ago. This stock has brought more multiples than Sunway, IOIP, Mahsing, etc. Just that you're late into the game or aiming for the sky.

There is a chance for this fella to start bringing in huge profits in the future, but for now...just have to wait. It is a long term investment after all. Who knows, it may perform a miracle and bring in hundreds of millions next year itself.

My advice, for the little it's worth...invest, but don't fall in love with your investment, whatever, it may be. It clouds judgement.

That all being said, I hope UEM outperforms expectations for everyone's sake...best of luck !

I'd be looking for a profit of minimum 40 mil this QR to give it some hope that next year will bring a total of 250mil per annum, which equates roughly to 5sen per share. Give it a generous 20PE, that's RM1. So, what happens if it doesn't even make 40mil? For now, at 80PE, it is grossly overvalued. I dare not even mention what the price should be right now for fear of backlash. Like I said previously, maybe the sharks may be generous and keep the price lofty.

This stock has moved from 20sen. The sharks have had their fill. They've made multiple times in distributing the shares between RM1-RM1.28. Question is, how far will they bring it down to accumulate again? If you're lucky they won't bring it down further. Good luck everyone...I hope the sharks will be kind

Let's put it this way, it's all up to the sharks. This fella has been running on a PE that is almost double the tech sector. Meaning, it's factored in what it will earn in the future. Even if Nov gives a great profit number and a great signing ceremony, it's up to them whether they want to maintain 80PE - all up to them. Not up to us ikan bilis. If you're lucky they'll maintain a high PE, and if you're not, it may linger around these prices or it may go down with the Titanic (but at a much slower pace). Nobody knows what's gonna happen, except for the sharks. In a nutshell, this is purely speculative at this moment until it starts showing consistent, significant profits. In any case, good luck to everyone and I sincerely hope you make great returns !

With the rise in value of the land, maybe they can make 500mil per year? 10sen per share multiply by 15PE? 1.50…20PE? 2.00 bucks ! Simple. Let’s see, now they’re making 50mil - 80mil per year? Just make 6-10 times more after SEZ signed. no problem. Should happen next year. Piece of cake. hahahahaha !

yes, leaning towards an long term upward trajectory due to increasing land value however, with such a lengthy share distribution process recently (after a 4-5x price increase from the bottom), I expect a bit more of a mark down for accumulation purposes, in the short term, before the November excitement (that is, if they're ready to sign by then). Could be wrong though. Good luck

UEMS has all this while hung on to the coattails of the property index. On its own, it wouldn’t have moved up so much, because it is run by incompetent people, I’m afraid. Now that the property index is turning downwards. The time for reckoning is here. It’s 62 sen at 50PE. To put it in context, the great Sunway is only at 29PE.

Its only hope seems to lie on the SEZ play. Wonder how that will play out. Good luck

oversold in the short term...won't be surprised if there is a rebound

property is not dead, but it needs time to take a breather...off to the next sector !

The dancing girls may be stuck at the causeway. No matter, they'll probably appear when Anwar and LSL shakes hands later

won't disagree if you say it may be a top. However, you do yourself injustice by setting such a ridiculous target of 27c? Come on, if you wanna con people to buy cheap, give a more credible number la. Discussions are real in Johor. You can argue that it takes time for the discussions to translate into reality, but come on...27c?

@5354_good question, I wish I could tell you for sure. Just have to pick at support points. Look out for very high volume sell days, indicating panic and hopefully indicating we’re near the low. Wish I have a crystal ball.

@youngman, good info. Unfortunately, I don't think we're close to that point where there's a terrifying TUMBLE yet. For now, they are leaving people with hope. And yes, they will pull it up a little also along the way, for that glimmer of hope.

All part of the correction...most importantly, be there to collect when the sharks are

sharks also need to makan...after distribution (which they thoroughly enjoyed at around 80 and above - where it seemed like it was going to break higher), bring it down to a level where they start eating up ikan bilis again, who are fleeing in terror when they do a terrifying shake out. Then the process starts all over again.

Let the correction take its course. Cheer up, you can take at cheaper prices...isn't that great news?

Not bankruptcy, just a normal correction for a stock that has travelled 300+% in three months. Only question now is, how deep is the correction?

anyway, nobody can tell what the sharks are up to...but do google "double zig zag correction" and judge for yourselves. pray the sharks don't do that !

I have one question, if rr88 is right, who is the SKL?

Everybody caught in the euphoria of the strong run. Now in denial. Don’t wait for the emotion to go to panic.

tomorrow we’ll know whether it’s a dead cat bounce or otherwise

you may find a few ups here and there, but we're not oversold, technically speaking.

Those calling for 0.5 are probably looking for an extreme correction, however, UEMS is in a different environment where fundamentals are very positively on its side, with lots of newsflow on its side in the coming weeks and months.

Therefore, if it falls below 0.775 I would think that it would likely go only towards 0.65-0.66 cents and not towards 0.5. Those investing mid to long term do not have to worry about this correction, because it's normal. They will shake out weak holders. Those who are on contra are the ones that should worry.

Remember, at the end of the day, your money is in the hands of the sharks. It's up to them !

A very good mid to long term counter.

However, may see a correction in the short term, particularly if there is a breach below 81-82 sen.

1) volume has been weakening in the recent price peaks.

2) RSI divergence in the recent peaks.

3) has moved more than 3x in three months. Needs a breather.

4) price struggled to move despite flurry of positive Johor news. Sign of short term weakness.

Could be wrong because it’s up to the sharks. All the best !