Posted by speakup > 2023-07-13 21:24 | Report Abuse

Jamaah bad fund managers mah. Just like they are heavily selling Ijm now, forgetting that Ijm holds 40% of hidden gem Wce. They sell Ijm now below 1.50, but next time when Wce fully operational, Ijm will be minimum rm2, Jamaah will panic buyback Ijm at high price. This is how they operate. They purposely lose money, then expect the govt of the day to bail them out

Posted by koyokui > 2023-07-13 21:30 | Report Abuse

Buy might break .35 tomorrow insyaallah

Posted by Iamnotasifu > 2023-07-13 21:50 | Report Abuse

tomorrow break 55sen

Posted by theyoungman > 2023-07-13 22:41 | Report Abuse

Mr Why, that is their trick. Wayang je. Earlier that 2mil shares? Where are they? Those haven't been sold (SBL) I guess. 障眼法 only？Biasa je!

Posted by limch > 2023-07-14 10:50 | Report Abuse

HSR confirmed so Urusharta Jamaah buy back?

Posted by Ron90 > 2023-07-14 12:17 | Report Abuse

wah..fly high already .. :-)

Posted by Snake > 2023-07-14 15:31 | Report Abuse

Bing boom bang!

Posted by wah168 > 2023-07-14 16:28 | Report Abuse

good lah.. kali ini lah.

Posted by wah168 > 2023-07-14 16:30 | Report Abuse

anybody want to buy, please buy fast fast.

Posted by RAbbit494 > 2023-07-14 18:55 | Report Abuse

Wah semua dah buat untung nampaknya....
Saya sudah melepaskan hari ini ....jika berpeluang akan beli balik.
Good Luck

Posted by ratz > 2023-07-14 19:06 | Report Abuse

My entry cost 26 sen w substantial paper gain. I’m exercising a lot of patience on this stock! I think it will pay off similar to my Comintel 400%. Pure research!!!

Posted by theyoungman > 2023-07-14 21:03 | Report Abuse

limch: "HSR confirmed so Urusharta Jamaah buy back?"
This is SBL transaction. Wayang je. No harm done.

Posted by theyoungman > 2023-07-14 21:04 | Report Abuse

ratz: Wow, nice sabar alot. Congrat.

Posted by theyoungman > 2023-07-14 21:15 | Report Abuse

https://www.channelnewsasia.com/asia/johor-singapore-special-economic-zone-ferry-tuas-puteri-harbour-3629131

Posted by koyokui > 2023-07-15 18:02 | Report Abuse

https://www.uemsunrise.com/property/region/singapore/development/marina-one

Posted by Faiza > 2023-07-17 10:12 | Report Abuse

fuyoh, kuat goring

Posted by pinetree88 > 2023-07-17 11:43 | Report Abuse

Sold some more shares at 0.39 and took some more profit held from low 0.20s. Saw 0.40 looks a resistance but even at 0.40 is trading at 0.3x BV, which is still very cheap in valuation.

Posted by Tibbers > 2023-07-17 15:44 | Report Abuse

tp 0.580

Posted by BursaMaster121212 > 2023-07-17 16:30 | Report Abuse

privitisation deal....75 sen offer price...the NTA already 1.30

Posted by Snake > 2023-07-17 16:30 | Report Abuse

Way way to go...

Posted by theyoungman > 2023-07-17 19:47 | Report Abuse

BursaMaster, wow. First hand news? Buy on rumour, sell on news? Scary aunt uncle kena buaya telan

Posted by Iamnotasifu > 2023-07-18 09:50 | Report Abuse

Pump and dump started or going to 80sen?

Posted by 5354_ > 2023-07-18 10:05 | Report Abuse

Latest TP 0.7? Can double your $?

Posted by 123eztrade > 2023-07-18 10:28 | Report Abuse

@5354 0.70..can share your findings?

Posted by koyokui > 2023-07-18 12:16 | Report Abuse

Tp 65 sen half of nta

Posted by 5354_ > 2023-07-18 17:01 | Report Abuse

2023-07-17

Price Target

UEM Sunrise - Proxy for Iskandar Property Market Recovery
Source : RHB-OSK, Price Call : BUY, Price Target : 0.70
Last Price : 0.395, Upside/Downside : +0.305(77.22%)


123eztrade

@5354 0.70..can share your findings?

6 hours ago

Posted by 5354_ > 2023-07-18 17:03 | Report Abuse

UEM Sunrise - Proxy for Iskandar Property Market Recovery
Date:
2023-07-17
Firm:
RHB-OSK
Stock:
UEMS
Price Target:
0.70
Price Call:
BUY
Last Price:
0.395
Upside/Downside:
+0.305 (77.22%)
Upgrade to BUY from Neutral, with new TP of MYR0.70 from MYR0.28, 93% upside. The Iskandar property market should stage a recovery and UEM Sunrise, being a major landowner there among listed players, we believe it will be the prime beneficiary. While the 36%-completed Johor Bahru-Singapore Rapid Transit System (RTS) already provides visibility on growth prospects, the recent revival of the KL-Singapore high speed rail (HSR) project should present an additional boost given the company’s vast landbank at Gerbang Nusajaya. The stock is now a sector Top Pick.
Proxy for Iskandar property market recovery. Having 7,877 acres of land in Johor (representing 92% of its landbank portfolio), we view UEMS as the best proxy for the recovery of Iskandar property market. During our reccent visit to Johor, the property market is becoming more vibrant, especially in the areas surrounding the RTS station at Bukit Chagar. We learnt that some projects are seeing prices rising by as much as 50% from the time of launch to vacant possession, and some newly launched projects are going at MYR1,000-1,200 psf, and they are well taken up.
Revival of KL-Singapore HSR is another boost. The revival of the HSR project will help to boost market sentiment over the near term, and spur development of smaller towns within the Johor state over the longer term (depending on the location of stations under the new plan). The length of the HSR will be about 350km, and slightly more than half of the HSR alignment will be landed in Johor state. Recall, under the previous proposal, Pagoh/Muar, Batu Pahat and Iskandar Puteri were the locations that will have a HSR station. If the Iskandar Puteri station is maintained (which we believe it should as the connection to Jurong East will help to spur economic growth in Gerbang Nusajaya and Jurong areas), UEMS will stand to benefit given its 2,461 acres of land at Gerbang Nusajaya.
Iskandar Malaysia may benefit if MM2H requirements are improved. Including other stakeholders, the Sultan of Johor Sultan Ibrahim Sultan Iskandar has also recently called to enhance the Malaysia My Second Home (MM2H) programme in terms of policies, incentives and benefits. We believe the revised guidelines will be announced in 2H this year, and the Iskandar Malaysia region will be one of the geographical areas in West Malaysia that can capture more foreign property purchasers given its proximity to Singapore.
Higher TP. Our valuation is now based on 65% discount to RNAV (from 85%), and 2% ESG discount given our ESG score of 2.90 for the company. While the revision in our TP seems to be material, we highlight that this was the valuation level in 2015-2018 (after the HSR was announced) and before the change of government after the 14th General Election.
Source: RHB Research - 17 Jul 2023
https://klse.i3investor.com/web/pricetarget/research/67979

Posted by WenJun > 2023-07-18 17:59 | Report Abuse

WenJun 2023-03-06 19:56 | Report Abuse

Short- to mid-term TPs:
TP1 - 0.315 (Achieved)
TP2 - 0.355 (Achieved)
TP3 - 0.420 (Achieved)

Too bad sold way too early, wasn’t expecting a bull run without any proper retracement.

Posted by Lam LH > 2023-07-18 18:09 | Report Abuse

Roller coaster ride.. the way they push up is very much like YTL.

Posted by theyoungman > 2023-07-18 21:12 | Report Abuse

URUSHARTA JAMAAH SDN BHD
Wayang aquired 5700 shares! HA

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3370001

Posted by 5354_ > 2023-07-18 21:17 | Report Abuse

Urusharta Jamaah bought so few shares why volume so high? The rest >140 million who buy?

Posted by theyoungman > 2023-07-18 22:03 | Report Abuse

140mil? Market maker 140m / 2 = 70mil nia.
Urusharta that one is SBL, wayang je, for announcement nia.
SBL lender lent out to borrower, and borromwer may not sell those shares and those shares can "call back" anytime or call back partially anytime, then there is such an announcement loh. To create public awareness? Trick nia.

Posted by utusminum > 2023-07-19 00:34 | Report Abuse

Heard Eco world wan to revive the merger proposal again

Want to take over UEMS

Posted by Iamnotasifu > 2023-07-19 12:03 | Report Abuse

all kind of rumours come out for those who buy high at 43 sen lmao

Posted by su1801 > 2023-07-19 17:50 | Report Abuse

In already....

Posted by koyokui > 2023-07-20 09:22 | Report Abuse

Surely have somebody shorting stocks. Lets buy and short squeze them

Posted by 5354_ > 2023-07-20 09:52 | Report Abuse

S'porean can buy more Uem S property due to weak RM.

Posted by pinetree88 > 2023-07-20 11:02 | Report Abuse

Nice... back to 0.42. Think can target near 0.50 level.

Posted by cbkia4896 > 2023-07-20 15:02 | Report Abuse

uem sun RISEEEEE

Posted by rchi > 2023-07-20 16:02 | Report Abuse

The sun has risen.

Posted by Snake > 2023-07-20 16:24 | Report Abuse

70-100

Posted by ratz > 2023-07-20 16:28 | Report Abuse

My patience just grew stronger

Posted by rchi > 2023-07-20 16:48 | Report Abuse

UEMS Top Shareholders
Total Shares (Quantity)
4.22B
Total Shares (%)
83.34%

Name % Shares Position
Change Value Record Date
UEM GROUP BERHAD 69.56 3,518,531,963 - 1.57B 20 Mar 23
URUSHARTA JAMAAH SDN BHD 6.32 319,499,800 4,956,100 142.18M 20 Mar 23
GREAT EASTERN LIFE ASSURANCE MALAYSIA BERHAD 1.06 53,359,900 -7,088,200 23.75M 20 Mar 23
POLUNIN EMERGING MARKETS SMALL CAP FUND LLC 0.94 47,468,234 -441,200 21.12M 20 Mar 23
ETIQA LIFE INSURANCE BERHAD 0.92 46,460,800 -7,095,100 20.68M 20 Mar 23

Posted by rchi > 2023-07-20 16:52 | Report Abuse

Uem group holds 70% of total shares.Only 1.5 billions shares to buy over if they decide to privatise.The 2400 acres in gerbang nusajaya will be the jewel if HSR materialise.

Posted by rchi > 2023-07-20 16:54 | Report Abuse

Go check on gerbang land value currently to understand the potential.

Posted by rchi > 2023-07-20 17:08 | Report Abuse

Pang,dun miss.

Posted by rchi > 2023-07-20 17:13 | Report Abuse

i do it all the time kiki

Posted by rchi > 2023-07-20 17:16 | Report Abuse

Anyway privatisation by UEM is a real possibility,even at RM1 is not expensive if HSr has a station at gerbang.Highly likely govt will locate one there,after all Khazanah is the ultimate beneficiary.

Posted by theavenger > 2023-07-20 17:32 | Report Abuse

😂

Posted by rchi > 2023-07-20 17:49 | Report Abuse

Ecowld without TS Liew is nothing.I dont think merger rumour can drive uems that fast.