Posted by haikeyila > 2013-10-01 09:46 | Report Abuse

Just wait for the nezt earnings report in Nov. Profits could double, and asset increase through land purchase still not recorded.

Posted by boy2men > 2013-10-07 15:20 | Report Abuse

rumours coming out ... UOA joint forces with ECO World / Focal Aim to be the biggest in the country...

Posted by boy2men > 2013-10-07 15:22 | Report Abuse

UOA Development Bhd menafikan spekulasi yang mengatakan ia akan diambil alih oleh Eco World Development Holdings Sdn Bhd.

Dalam satu kenyataan hari ini, UOA Development berkata syarikat itu dan pemegang-pemegang saham penguasaannya, tidak tahu menahu tentang rundingan yang sedang berjalan sekarang seperti yang dilaporkan dalam sebuah penerbitan mingguan.

Dilaporkan Pengasas Bersama/Pengarah Urusan UOA Development, Kong Chong Soon, sedang mempertimbangkan kemungkinan menjual kesemua 68% kepentingannya dalam syarikat itu.

"Syarikat ini terus komited kepada rancangan jangka sederhana dan panjangnya dengan memberikan tumpuan kepada kegiatan pembangunan dan mencapai prestasi kewangan yang mampan dan kukuh bagi pemegang saham kami," kata UOA Development.

Bulan lepas, Eco World Development membeli Focal Aims Holdings Bhd.

Menurut laman sesawangnya, UOA Development mempunyai simpanan tanah sebanyak lebih 40.47 hektar (100 ekar) dengan anggaran potensi nilai pembangunan kasarnya sebanyak lebih RM10 bilion pada 31 Disember 2012, yang akan diraih dalam 10 tahun akan datang.

Portfolio pelaburan kumpulan meningkat kepada kira-kira RM1.5 bilion setakat Disember tahun lepas. – Bernama, 4 Oktober, 2013.

Posted by timl > 2013-10-10 09:34 | Report Abuse

wow.. whats up with the sudden hike?

Posted by haikeyila > 2013-10-10 10:05 | Report Abuse

almost gave me an early morning big o, lol. heading towards fibonacci 2.57. see you all there.

Posted by riaz > 2013-10-10 10:22 | Report Abuse

Why suddenly its up?

Posted by Nallayak > 2013-10-10 12:48 | Report Abuse

TS liew like Bangsar South lah

Posted by Nallayak > 2013-10-13 18:56 | Report Abuse

UOA deny talks with eco or focal or TS Liew

Posted by Nallayak > 2013-10-26 20:55 | Report Abuse

gst may affect office sectors

Posted by bslim117 > 2013-11-01 17:38 | Report Abuse

what is the new target price for next week ? any comment ?

Posted by haikeyila > 2013-11-01 18:09 | Report Abuse

probably be trading range-bound until the next q report in around 3 weeks time.

Posted by desapalma > 2013-11-15 13:18 | Report Abuse

What happen that continue to go south?

Posted by fairjimmy > 2013-11-15 13:39 | Report Abuse

If and once EPF starts selling the UOA will go south all way

Posted by haikeyila > 2013-11-15 20:23 | Report Abuse

good golly...EPF dumping again

Posted by Orson Chin > 2013-11-16 11:57 | Report Abuse

i saw rm2.00 .. but i didnt buy... so stupid i am~

Posted by haikeyila > 2013-11-18 14:56 | Report Abuse

hope for more EPF dumping, so i can buy more. this company has 378 mil cash and only 31 mil debt. Profit margin 35%, ROE 17% and PE of only 7x. DY is touching 6% at the current price.

Posted by fatty_tang > 2013-11-18 15:30 | Report Abuse

i entered at RM2. should be expecting a rebound soon

Posted by faberlicious > 2013-11-19 08:35 | Report Abuse

Posted by haikeyila > Nov 18, 2013 02:56 PM | Report Abuse

hope for more EPF dumping, so i can buy more. this company has 378 mil cash and only 31 mil debt. Profit margin 35%, ROE 17% and PE of only 7x. DY is touching 6% at the current price.

haikeyila,u r absolutely correct. Price weakness good opportunity to buy into a solid company.

Posted by stevechan > 2013-11-19 10:51 | Report Abuse

Posted by haikeyila > Nov 18, 2013 02:56 PM | Report Abuse

hope for more EPF dumping, so i can buy more. this company has 378 mil cash and only 31 mil debt. Profit margin 35%, ROE 17% and PE of only 7x. DY is touching 6% at the current price.

I am not sure how do u get 378 mil cash, but for me, cash or cash equivalent value should be RM832.6 mil (23.6+501.2+119.9+187.9) as in 2nd Q result, which is much higher, haha... A good company, just the main concern is on office oversupply issue in KL which may hit its commercial properties. i belive the selling of EPF is mainly because of taking profit activities for EPF dividend paymnet soon because EPF is not only selling UOADEV, but others as well. Grab some when price weakness.

Posted by haikeyila > 2013-11-19 10:58 | Report Abuse

Cash as of last annual report 378 mil. As of last Q result 187.9 mil. Next report due this week or next. Last years total revenue 799 mil. This 6 months already 678 mil. Looking superb.

Posted by faberlicious > 2013-11-19 11:54 | Report Abuse

stevechan and haikeyila,u r both correct.Just that heikeyila just highlight the cash and bank balances whereas steve added the short ter invesments and fixed deposits.

Posted by faberlicious > 2013-11-19 11:56 | Report Abuse

oops, shortter invesments should be short term investments.

Posted by stevechan > 2013-11-19 13:53 | Report Abuse

yes, because i think FD & short term investments which invest into fixed income & money market instruments are considered as cash as well. Besides, the available-for-sale financial assets which comprise local equities also can be considered as cash. just my 2cent.

Posted by nevtrade > 2013-11-19 14:57 | Report Abuse

Hi all SIFUs.
I had entered @ 2.37, and seeing it fall since then.
I am thinking to sell it off until i read this....
Everyone is so optimistic of this counter ?
Advisable to enter now to leverage ?

Thx SIFU...

Posted by haikeyila > 2013-11-19 15:04 | Report Abuse

you might want to keep this for the divvy of 6% and hopefully more in the future. can you name another property counter with a 36% margin, 17% ROE and quick ratio of 5X? shorter term however is difficult to predict, as property counters are being battered.

Posted by nevtrade > 2013-11-19 15:14 | Report Abuse

Hi @haikeyila ... Thx..
When will be the date of 6% divvy pay out ?
Pai seh cos im quite a newbie in this exciting share market...

Posted by stevechan > 2013-11-19 15:19 | Report Abuse

They pay dividend once a year. Just paid 12 sen in July with reinvestment option.

Posted by nevtrade > 2013-11-19 15:28 | Report Abuse

Okay... SIFU...
Look like have to keep holding this till mid of 2014...
Is it wise to average the buying now ?

Posted by cockroach > 2013-11-19 17:40 | Report Abuse

it is good to accumulate for averaging when the price is low

Posted by seerongzhi > 2013-11-19 21:49 | Report Abuse

EPF still cannot stop dumping..

Posted by cockroach > 2013-11-19 23:11 | Report Abuse

EPF dump all property related stocks out.

Posted by asamlaksa > 2013-11-19 23:18 | Report Abuse

You will get your money trapped as there won't be many investors who appreciate this stock despite the good fundamental. My two cents. Will drop below 2 soon.

Posted by SJSOON > 2013-11-19 23:20 | Report Abuse

@asamlaksa: You are right. I love the company's fundamental but will set my target price to buy it at 1.90.

Posted by SJSOON > 2013-11-19 23:21 | Report Abuse

Technically speaking, the price is down trending.

Posted by fairjimmy > 2013-11-20 08:54 | Report Abuse

By right, EPF cannot own shares in this company as the major shareholder is a singaporean chinaman

Posted by haikeyila > 2013-11-20 08:57 | Report Abuse

the only ones selling are EPF and the weak holders. even if the price gets volatile, its worth to keep for the divvy. and EPF can acquire back at any time. looking forward to accumulate.

Posted by nevtrade > 2013-11-20 11:24 | Report Abuse

ya.. will hold it and monitor...
Up Up Up.....

Posted by tsejuie > 2013-11-20 14:17 | Report Abuse

Looking to top up some myself. Despite the decent 3rd qtr result, it still seems to be on a downtrend. Waiting for it to stabilise first, although RM2.00 seems to be very attractive.

Posted by fatty_tang > 2013-11-20 19:11 | Report Abuse

the chart of uoadev shows a triple bottom, resistance is strong there so it's not so likely to drop further. I'm not so familiar with technical analysis, any sifus please correct me if I am wrong.

Posted by haikeyila > 2013-11-21 09:20 | Report Abuse

yup..the only way it will crack below 2 is if EPF starts dumping big, or some big macro-economic event took place.

Posted by nevtrade > 2013-11-21 10:23 | Report Abuse

i am interested to learn on the analysis tool like "chart", buy vs sell volume analysis, etc...
But im not good at web research...
Haikeyila any good website / articles to recommend?

Posted by nevtrade > 2013-11-21 11:31 | Report Abuse

http://www.theedgemalaysia.com/business-news/264003-rhb-raises-uoa-fair-value-on-land-buy.html

Posted by Kenny Heng > 2013-11-27 20:03 | Report Abuse

why this stock keep stuck on rm 2? got any problem on that?

Posted by timl > 2013-11-28 15:40 | Report Abuse

say thank you to EPF :)

Posted by haikeyila > 2013-11-28 17:27 | Report Abuse

shaken a little by the pace of the drop, yet managed to accumulate more. divvy is attractive now.

Posted by Kenny Heng > 2013-11-29 17:53 | Report Abuse

EPF start collecting.......

Posted by seerongzhi > 2013-11-29 17:58 | Report Abuse

They disposing and collecting at the same time.. Dont know what the hell they are doing...

Posted by timl > 2013-11-29 18:00 | Report Abuse

push the price down and collect.. nice play from EPF..

Posted by haikeyila > 2013-11-29 18:18 | Report Abuse

they do this over and over again, so its an opportunity to collect when they are selling for a few days. This counter escapes the radar of most retailers and about 87% owned by institutions. So any major price movement is always the EPF.

Posted by fairjimmy > 2013-11-29 18:46 | Report Abuse

UOA is a very solid counter. Its a question of what price to go in. That is RM 64k question