Seems like BB still collecting uem at 0.20 level? This time never move up along with sp setia which have surged from low 0.41 to 0.57 liao. Hopefully I'm not on the wrong boat.
UEM is under Khazanah whereas SP is not. Don't think Khazanah willl sell UEM at such low price even if double to $0.40 vs NAV $1.3+. Probably be better if Khazanah make a cash offer to delist UEM at a fair value to shareholders.
Uems will be the direct proxy for foreign funds to invest in the strength of a new Malaysia. RM is already strengthening... Properties will rise.. Gains from two tails.
70% controlled by Khazanah/ uems. Not much shares in the market..
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leedavid
414 posts
Posted by leedavid > 2022-10-19 08:12 | Report Abuse
dow jones up 400 point