Posted by Ryan Tan > 2020-08-26 20:20 | Report Abuse

Not impressive? Other property counter yoy/qoq drop more than 100%

Posted by ryan_7642 > 2020-09-29 13:10 | Report Abuse

Epf buy up to 10% since last year 2019 from 7%+..but stingy special dividend anyway..

Posted by Kongkalikong > 2020-09-30 10:00 | Report Abuse

How much special dividend?

Posted by ahbah > 2020-09-30 13:26 | Report Abuse

Which counter got give big fat special dividend ?

Posted by Ky Siow > 2020-10-17 09:32 | Report Abuse

big shark press down price to accumulate? otherwise why price keep drop?

Posted by iHunter > 2020-10-19 06:46 | Report Abuse

This counter appears in my radar.It appears that some hedge fund have started accumulating this stock.

Market saying that there some good news that not yet announced. I wonder what are those news.

Posted by pinnaclegrade > 2020-10-21 15:20 | Report Abuse

top-up, 50 lots today !

Posted by YNWALFC > 2020-10-23 07:04 | Report Abuse

hi, property & developer counters, capital gains is taxable?

Posted by whitebunny > 2020-10-23 21:29 | Report Abuse

Wow, EPF buying non-stop!

Posted by Yippy68 > 2020-10-24 07:30 | Report Abuse

14 sen dividend , very attractive

Posted by pinnaclegrade > 2020-10-31 19:56 | Report Abuse

Buy Call by by Affin Hwang l Target Price: RM 2.34
UOAD’s 2021E PER of 9.2x is at a discount to property sector weighted-average
PER of 11.5x. 2021E net yield of 8.2% is the highest in the sector, supported by its
strong net cash position. UOAD remains one of our top sector BUYs with a higher
TP of RM2.34, based on 30% discount to RNAV.

Posted by Toplove888 > 2020-11-21 07:12 | Report Abuse

Collect now batch by batch price.vry stable.. epf keep aqquire someone say December got news, can go rm1.9 above

Posted by Pinky > 2020-11-21 10:07 | Report Abuse

I also just re-purchased UOADEV at 1.59. Years ago bought at 2.1X and sold at 2.3X.

If dividend for FY2020 is as per analysts' expectation, divvy yield would be RM0.15/RM1.57 = 9.55%

Even if management decided to conserve cash and reduce payout to about 10 sen, it's still 6.37%! Better than many REITs!

- Super cash rich (see their interest income in the P&L account!)
- No borrowings (the small borrowing in their books is most likely hire purchase I think)
- Well known for product quality
- Good reputation developer

What's not to like? Look beyond the short-term slump, and u have a super yielding stock.

Posted by pinnaclegrade > 2020-11-25 14:11 | Report Abuse

QR is out ! Results are amazing :)

Posted by pinnaclegrade > 2020-11-25 14:37 | Report Abuse

Go go Uoa !!

Posted by whitebunny > 2020-11-25 14:55 | Report Abuse

will there be a special dividend?

Posted by Pinky > 2020-11-25 15:10 | Report Abuse

@whitebunny +1 sen special dividend upon disposal of UCT to UOAREIT.

Posted by BATFLY > 2020-11-25 15:10 | Report Abuse

Qtr result just out.. Profit after tax up 105% and Eps from 1.18 to 10.26..fantastic result considering under covid situation..

Posted by Pinky > 2020-11-25 15:14 | Report Abuse

@BATFLY EPS boost mainly from revaluation of UOA Corporate Tower to its disposal price. However topline revenue is also not bad, considering Covid-19.

Posted by Pinky > 2020-11-25 15:15 | Report Abuse

The higher profit during the current quarter was mainly due to the fair value adjustment on investment properties of RM114 million with the revaluation of UOA Corporate Tower (“UCT”). On 28 September 2020, a subsidiary of the Group entered into a conditional sale and purchase agreement with RHB Trustees Berhad, being the trustee of UOA Real Estate Investment Trust for the disposal of UCT for a cash consideration of RM700.0 million. The fair value of UCT has been restated to its disposal price. The sale has not been completed as at the date of this announcement.

Latest results here:
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3107766

Posted by whitebunny > 2020-11-25 15:59 | Report Abuse

+1 sen on top of 14sen dividend?

Posted by Pinky > 2020-11-25 16:04 | Report Abuse

@whitebunny correct, 1 sen on top of normal dividend

But we dunno whether they will maintain at 14 sen or not la

Posted by Pinky > 2020-11-25 16:05 | Report Abuse

https://klse.i3investor.com/servlets/ptres/57078.jsp

"UOADEV intends to utilize RM21.2m or equivalent to 3% of proceeds from disposal for special dividend. That translates into special dividend of 1sen per share which is expected to be distributed within 9 months after the completion of the proposed disposal."

Posted by whitebunny > 2020-11-25 16:07 | Report Abuse

Thanks for the info Pinky!

Posted by DickyMe > 2020-11-30 11:31 | Report Abuse

Qops!

Posted by whitebunny > 2020-11-30 11:37 | Report Abuse

Usually when will they announce the dividend?

Posted by Pinky > 2020-11-30 12:01 | Report Abuse

@whitebunny UOADEV only pay dividend once a year...in June/July

See here:
https://klse.i3investor.com/servlets/stk/annent/5200.jsp

Posted by Dakewlest > 2020-12-06 01:56 | Report Abuse

Thinking of buying. Any thoughts? The DY is appealing...

Posted by randyandy > 2020-12-06 09:26 | Report Abuse

Cannot go wrong for dividend plsy

Posted by Pinky > 2020-12-06 11:10 | Report Abuse

@Dakewlest see my analysis above at 21 Nov

Posted by Pinky > 2020-12-08 09:31 | Report Abuse

Hmm suddenly wake up. Luckily I masuk at 1.59 hehehe

Posted by Dakewlest > 2020-12-08 18:49 | Report Abuse

Just bought today. Hopefully can reach RM1.80 soon.

Posted by Pinky > 2020-12-16 13:04 | Report Abuse

@Dakewlest congrats your 1.80 is not too far away

Posted by bhtay23 > 2020-12-16 13:53 | Report Abuse

Anything can happen in half a year. When make money, run lah and buy back later.

Posted by Pinky > 2020-12-16 14:46 | Report Abuse

@bhtay23 u think u can get the timing right all the time meh

Posted by whitebunny > 2020-12-16 15:01 | Report Abuse

you run I want to buy more!

Posted by Dakewlest > 2020-12-16 16:30 | Report Abuse

This stock is good for the DY.

Posted by ronanweiyip > 2020-12-16 16:31 | Report Abuse

this counter for sure can keep but the price will not have big movement

Posted by remus > 2020-12-23 09:11 | Report Abuse

https://www.theedgemarkets.com/article/uoa-development-subsidiary-subscribes-new-uoa-reit-units-worth-rm53m
Spent RM52.65 million to buy UOA REIT at M1.10, a discount of 12%.
Is this a good deal for UOA Dev shareholders ?

Posted by BATFLY > 2020-12-23 09:26 | Report Abuse

Guess this is the best property stock with good dividend of 8% with no debt plus cash rich..

Posted by hasnah > 2020-12-23 10:26 | Report Abuse

Dynasty Portfolio Sdn Bhd — an indirect subsidiary of UOA Development Bhd — has subscribed for new units under UOA Real Estate Investment Trust’s (UOA REIT) private placement for RM52.65 million or RM1.10 per unit.The private placement aims to raise up to RM280 million, UOA Development said.The consideration for the placement subscription will be wholly funded via internally generated funds.

Posted by Pinky > 2020-12-23 15:50 | Report Abuse

@remus since UOADEV is so cash rich it is good that they subscribe to units of UOAREIT so earn some dividend incomes

Posted by victory015 > 2021-01-08 11:17 | Report Abuse

UOAdev keep falling down

Posted by victory015 > 2021-01-08 12:09 | Report Abuse

UOAdev no power one

Posted by victory015 > 2021-01-11 19:21 | Report Abuse

UOAdev got private placement ? when ?

Posted by shareking1 > 2021-01-11 19:22 | Report Abuse

Sektor pembinaan dibenarkan beroperasi semasa Mco.

Posted by victory015 > 2021-01-12 19:47 | Report Abuse

UOAdev continue to slides down. Useless stock

Posted by Pinky > 2021-01-14 09:40 | Report Abuse

UOADEV is one of the strongest developers in terms of product quality and balance sheet.

Posted by WinningBenning > 2021-01-20 21:22 | Report Abuse

Uptrend momentum ... akan datang!

Posted by Dakewlest > 2021-01-25 23:08 | Report Abuse

Cant wait to know the dividend for this year. Hopefully more than 8%.