UEM SUNRISE BERHAD

KLSE (MYR): UEMS (5148)

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Last Price

1.03

Today's Change

0.00 (0.00%)

Day's Change

1.02 - 1.07

Trading Volume

19,043,100


20 people like this.

13,890 comment(s). Last comment by 凯翔 赖 3 days ago

labu83

2,565 posts

Posted by labu83 > 2015-10-19 22:22 | Report Abuse

Still holding more in call warrant c17 0.035,still power holding until next week,kih kih

labu83

2,565 posts

Posted by labu83 > 2015-10-19 22:31 | Report Abuse

But many2 counter epf ,tabung haji ,Amanah raya will closing account before mid November ,they will push up high to prove pm this 3quarter very good good good,same tactical lor,are u ready,kih kih

syimgoku

150 posts

Posted by syimgoku > 2015-10-20 07:24 | Report Abuse

i think this afternoon the price will move... contra player all killed this morning... just my gut feel

LazyBoy

92 posts

Posted by LazyBoy > 2015-10-20 09:09 | Report Abuse

price will move south or north ?

syimgoku

150 posts

Posted by syimgoku > 2015-10-20 09:17 | Report Abuse

north hopefully...

NG89

31 posts

Posted by NG89 > 2015-10-20 09:27 | Report Abuse

1.15~

nchan

33 posts

Posted by nchan > 2015-10-20 09:59 | Report Abuse

hopefully uem will break resitance in nov

kinfatt999

2,913 posts

Posted by kinfatt999 > 2015-10-20 11:08 | Report Abuse

down all ccccccc

NG89

31 posts

Posted by NG89 > 2015-10-20 11:13 | Report Abuse

maybe below 1.15 today..

kinfatt999

2,913 posts

Posted by kinfatt999 > 2015-10-20 11:22 | Report Abuse

wait for value cap

labu83

2,565 posts

Posted by labu83 > 2015-10-20 12:43 | Report Abuse

KUALA LUMPUR: Malaysia’s top-performing fund is buying the nation's property companies after a slump in shares left valuations at their cheapest level in at least seven years relative to global peers.

Eastspring Investments Bhd has started “nibbling” on some of the stocks that have been beaten down on the prospect the real-estate industry will eventually recover, Chen Fan Fai, the Kuala Lumpur-based chief investment officer, said in an interview.

He declined to identify the companies he's buying. The Bursa Malaysia Property Index is valued at 8.9 times 12-month projected earnings, a 32% discount to the Bloomberg World Real Estate Index.

Chen's optimism offers a rare bright spot in a stock market whose value has slumped 14% this year as international investors unloaded Malaysian equities amid the political turmoil, falling oil prices and a selloff in emerging-market assets.

The FTSE Bursa Malaysia KLCI Index has dropped 2.5% so far in 2015, set for its second year of declines, the longest losing streak in 17 years.

“We don’t expect them to perform in the next few months, but valuations have come to a point that it is worthwhile to start buying,” said Chen, whose small-cap fund has beaten 90% of peers over the past three years with an overall return of 31%, according to data compiled by Bloomberg.

The property gauge of 92 developers on the Bursa Malaysia slid 0.2% at the close.

The measure has tumbled 14% in the past 12 months, the worst performing industry group, as record household debt, a consumption tax and stricter lending hurt buyers’ ability to purchase homes.

Among developers, UEM Sunrise Bhd, whose stock has fallen 29% in the past year, is trading at 13.7 times projected 12-month earnings, below its five-year average of 27, Bloomberg data show. The stock climbed 1.7% yesterday.

Mah Sing Group Bhd, down 23%, is trading at the cheapest level in more than two years. SP Setia Bhd, Malaysia's biggest property developer, has a multiple of 11.7, near the lowest level since 2006.

Not everyone is buying. Jason Chong, the Kuala Lumpur-based chief investment officer at Canada's Manulife Asset Management Services Bhd, said the industry was facing too many headwinds.

SP Setia, UEM Sunrise and Mah Sing said in e-mailed interviews that the property outlook remained “challenging” and that the subdued demand will spill into next year.

“Weaker sentiments as well as difficulties obtaining end financing approval have impacted sales for the year,” Ng Chai Yong, chief executive officer of Mah Sing, wrote in an e-mailed response to questions.

The company has increased its marketing activities this year while slashing its new property launches by almost half, he said.

Some developers say selling lower-priced products have helped them weather the slowdown.

Datuk Khor Chap Jen, acting president and CEO for SP Setia, said that its mid-priced range product this year had been “very successful” and will help it achieve its 4 billion ringgit sales target this year.

The company’s single-story bungalow project last month achieved a 70% take-up rate in one weekend, he wrote in an e-mail.

“The property cycle comes and goes and eventually it will pick up,” Eastspring’s Chen said. “There aren’t many screaming opportunities in the market right now.

What we look for are beaten down stocks that are still with sound fundamentals,” he said. – Bloomberg

calvintaneng

55,611 posts

Posted by calvintaneng > 2015-10-20 15:45 | Report Abuse

Eastspring is smart!

The best running horse now is

Mahsing

Horse sing.

Or the singing horse!

tofuman

417 posts

Posted by tofuman > 2015-10-20 16:36 | Report Abuse

i owned sunway, mahsing, spsetia and UEMS, and i sold all my banking secotr share. Not throw now really die

1mocca

63 posts

Posted by 1mocca > 2015-10-20 16:39 | Report Abuse

:)

syimgoku

150 posts

Posted by syimgoku > 2015-10-20 17:00 | Report Abuse

index dropped... haizzzz... but uems stable... price down... but low volume... good sign

syimgoku

150 posts

Posted by syimgoku > 2015-10-20 17:02 | Report Abuse

tetapi tekaanku harga akan naik petang telah meleset... sorry guyz

Posted by Mohd Fahmi Bin Jaes > 2015-10-20 18:10 | Report Abuse

Sell presure. Market red. Sell sell

labu83

2,565 posts

Posted by labu83 > 2015-10-20 20:38 | Report Abuse

Just panic sell before budget,they just push down a little bit for waiting announcement budget this Friday ,jerk indeks down n scary panic and xtra red Dow jone,maybe good chance to give cronies buy,especially epf counter,chance to you to buy low price,watch clearly this week to catch falling knife other counter in progress uptrend ,good luck,
Usually after budget will push n push if a budget good for construction n property ,I think good

labu83

2,565 posts

Posted by labu83 > 2015-10-20 20:45 | Report Abuse

Market will blur before budget,especially Friday,catch n buy low price,this opportunity ,maybe other counter,standby u bullet,

Fish3129

140 posts

Posted by Fish3129 > 2015-10-20 22:29 | Report Abuse

Thanks julien.

pradeep

1,324 posts

Posted by pradeep > 2015-10-21 01:06 | Report Abuse

Uems is a fundamental stock

labu83

2,565 posts

Posted by labu83 > 2015-10-21 09:22 | Report Abuse

Buy buy buy ,
Property n construction ,cheap sale now until Friday ,monitor please

NG89

31 posts

Posted by NG89 > 2015-10-21 09:25 | Report Abuse

flying

azera

285 posts

Posted by azera > 2015-10-21 09:27 | Report Abuse

rencently c17 vol higher than mother,about 2days already

NG89

31 posts

Posted by NG89 > 2015-10-21 09:33 | Report Abuse

always stuck at 1.2~

Posted by Eatenbyshark > 2015-10-21 09:36 | Report Abuse

gog...1.21 ady lo
...

Posted by Eatenbyshark > 2015-10-21 09:37 | Report Abuse

sudden fly

NG89

31 posts

Posted by NG89 > 2015-10-21 09:43 | Report Abuse

c17 look like a trap ~ sold all at 0.85

syimgoku

150 posts

Posted by syimgoku > 2015-10-21 09:46 | Report Abuse

yeah... up up uems

garygee77

191 posts

Posted by garygee77 > 2015-10-21 09:46 | Report Abuse

maybe due to UEM-Samsung KL118job construction of skycraper going to award soon worth of 3.4 Billion

nchan

33 posts

Posted by nchan > 2015-10-21 09:58 | Report Abuse

come on, please break 1.21

Posted by fazrulhanipah > 2015-10-21 11:19 | Report Abuse

Please break 1.25

kinfatt999

2,913 posts

Posted by kinfatt999 > 2015-10-21 11:21 | Report Abuse

super up

garygee77

191 posts

Posted by garygee77 > 2015-10-21 11:21 | Report Abuse

today touch 1.250 should be no issue

LazyBoy

92 posts

Posted by LazyBoy > 2015-10-21 11:23 | Report Abuse

wow....

kinfatt999

2,913 posts

Posted by kinfatt999 > 2015-10-21 11:25 | Report Abuse

all buy and waiting valuecap

LazyBoy

92 posts

Posted by LazyBoy > 2015-10-21 11:32 | Report Abuse

Big sharks coming in... the volume suddenly jump so high

alexsee

1,347 posts

Posted by alexsee > 2015-10-21 11:34 | Report Abuse

sold at 1.23 gain 3 sen... if drop back 1.15-1.17 will buy in again.. thanks uems for the small gain :)

kinfatt999

2,913 posts

Posted by kinfatt999 > 2015-10-21 11:39 | Report Abuse

3sen also sell? wtf

kinfatt999

2,913 posts

Posted by kinfatt999 > 2015-10-21 11:40 | Report Abuse

valuecap is coming soon dont sell

LazyBoy

92 posts

Posted by LazyBoy > 2015-10-21 11:46 | Report Abuse

judging from the volume and history of uems. tmr also sure green day and up day for uems

labu83

2,565 posts

Posted by labu83 > 2015-10-21 11:49 | Report Abuse

Are u happy,strong holding for me,not bad c17,
After budget 1.5

labu83

2,565 posts

Posted by labu83 > 2015-10-21 11:50 | Report Abuse

This not a trap,a real goreng next week

kinfatt999

2,913 posts

Posted by kinfatt999 > 2015-10-21 11:56 | Report Abuse

i will hold until tp RM3.00

labu83

2,565 posts

Posted by labu83 > 2015-10-21 12:00 | Report Abuse

Rm2,for me,wow c17 very hot lor if mother 1.6,
Still hold c17 0.035 1 million share,heart must strong

labu83

2,565 posts

Posted by labu83 > 2015-10-21 12:01 | Report Abuse

End October wil good announcement ,are u happy,

labu83

2,565 posts

Posted by labu83 > 2015-10-21 12:02 | Report Abuse

Cronies done finish collected ,pergh

labu83

2,565 posts

Posted by labu83 > 2015-10-21 12:23 | Report Abuse

Eat eat eat eat ,

syimgoku

150 posts

Posted by syimgoku > 2015-10-21 12:47 | Report Abuse

good one labu..

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