Back

Latest Forum Topics / United Engineers

Post Reply

United Engineers Post Reply Rate topic
kirana Senior	19-Feb-2015 10:35        kirana About Contact  Quote this Post!
x 0   x 0  Alert Admin	Whah! You people sleep late after reunion dinner? Happy New Year! What a discussion. Looks like the games still on. Buyer going to shortchange retail sharehlders. If seller eventually wanted $4, official offer should include small shareholders. Unless playing game. We are with OCBC.
Useful To Me  Not Useful To Me
Kyoto2008 Elite	19-Feb-2015 00:39        Kyoto2008 About Contact  Quote this Post!
x 0   x 0  Alert Admin	yep, yep.    I concur with this view.      FCT' s got CBD properties in Spore and Australia (I' ve done some homework and posted the Aussie props in FCT thread), but by itself, could not command huge price spikes that has happened.      So possibly, just possibly, Ah Chai is behind the FCT price movements, in preparation for injection of UE props after he successfully takeover UE. The F& N case is testimony of how shrewd Ah Chai is, he made a bundle from APB and finally got F& N.      Do also notice that he paid higher price when challenged.  Eventually, he upped the offer price for F& N.      This guy can lowball to OCBC so that OCBC turns him away (done deliberately as a strategy), then he goes to suck up all the available UE shares in the mkt, and come back to OCBC to take the 36% UE shares. This is why, Ah Chai could still be the person buying up UE share right now. If you were Ah Chai what would you do?    Buy 36% and beg for remaining shares, hv to pay higher price?  Or would you trigger a selldown, buy up as much UE shares at low price as possible, then go back to OCBC for the 36%?  Mark_tan      ( Date: 19-Feb-2015 00:20) Posted: The fact that FCT is holding up might imply Ah Chai is still in the picture. Coupled with the fact that there is a structural issue and MFLEX has been rallying, one can assume Ah Chai will purchase UE whilst a third party might come in just to take out MFLEX     nea03177      ( Date: 18-Feb-2015 23:55) Posted: Some one said OCBC &GE felt they need to answer to their shareholders after their sale of F&N and APB at the price so much lower than paid for these shares by Heineken and TCC in open market
Useful To Me  Not Useful To Me
Mark_tan Member	19-Feb-2015 00:20        Mark_tan About Contact  Quote this Post!
x 0   x 0  Alert Admin	The fact that FCT is holding up might imply Ah Chai is still in the picture. Coupled with the fact that there is a structural issue and MFLEX has been rallying, one can assume Ah Chai will purchase UE whilst a third party might come in just to take out MFLEX     nea03177      ( Date: 18-Feb-2015 23:55) Posted: Some one said OCBC &GE felt they need to answer to their shareholders after their sale of F&N and APB at the price so much lower than paid for these shares by Heineken and TCC in open market nea03177      ( Date: 18-Feb-2015 10:44) Posted: Thank you. Good analysis.
Useful To Me  Not Useful To Me
Kyoto2008 Elite	19-Feb-2015 00:16        Kyoto2008 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Quite likely OCBC GE has that urge to ensure corporate governance is observed in arms length dealing with Charoen. OCBC could also be wanting a better price (or structure resulting in a high payout) because it bought into Wing Hang at the peak of the economic cycle and could expect to see higher non performing loans in near future, therefore need more cash as buffer.  I buy the argument completely that OCBC is very very motivated to sell UE as soon as possible.      And why didn' t they sell to Ah Chai?      Maybe he tried to lowball? My suspicion is that UE is worth a lot more than the book value or NAV reflects, and it has to do with the China properties.      Recently, China' s been taking a hit, look at Yanlord and other China linked property companies, they are all cruising to lower and lower values.    So it' s small wonder there' s going to be a huge debate on what price would the UE China properties fetch, and that could be the show stopper I think. The pressure I believe is on OCBC to let go UE at a reasonably good price that could help them in their present situation.        If you go to OCBC thread, there' s this guy who' s very clever and he made some remarks about OCBC' s purchase of Wing Hang that is startling true though shocking.      Same guy who predicted CWT price plunge which happened anyway.      OCBC, in my view needs cash right away.
Useful To Me  Not Useful To Me
Mark_tan Member	19-Feb-2015 00:10        Mark_tan About Contact  Quote this Post!
x 0   x 0  Alert Admin	Up 7% today or year to date toiletsiao      ( Date: 18-Feb-2015 23:37) Posted: Chk out the shareprice of UE's(held thru WBL) MFlex ... As of now it is up 7% on nasdaq....could the market be anticipating a sellout of WBL stake soon..
Useful To Me  Not Useful To Me
nea03177 Senior	19-Feb-2015 00:01        nea03177 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Now they want to ensure the best deal for the shareholders. Not shareholders of UE but those of OCBC & GE. Once bitten, twice shy. So they want the best from Charoen. If Charoen lose out to another competitor then I would think justice has been met. He has to pay the penalty for the F&N saga. nea03177      ( Date: 18-Feb-2015 23:55) Posted: Some one said OCBC &GE felt they need to answer to their shareholders after their sale of F&N and APB at the price so much lower than paid for these shares by Heineken and TCC in open market nea03177      ( Date: 18-Feb-2015 10:44) Posted: Thank you. Good analysis.
Useful To Me  Not Useful To Me
nea03177 Senior	18-Feb-2015 23:55        nea03177 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Some one said OCBC &GE felt they need to answer to their shareholders after their sale of F&N and APB at the price so much lower than paid for these shares by Heineken and TCC in open market nea03177      ( Date: 18-Feb-2015 10:44) Posted: Thank you. Good analysis. Kyoto2008      ( Date: 18-Feb-2015 01:54) Posted: Well if Ah Chai loses out to another party, FCT' s a dead duck in my view.    Looking at the way it' s been rallying, Ah Chai seems actively pushing.    Frankly, all I have is speculation.  Don believe it 100%, maybe only like 30% only.            I do the sums for my own personal investment.  It' s not meant to get peeps go on bandwagon or what.  You asked, I respond.    Truthfully, always.
Useful To Me  Not Useful To Me
Kyoto2008 Elite	18-Feb-2015 23:54        Kyoto2008 About Contact  Quote this Post!
x 0   x 0  Alert Admin	I sort of guess.  His statement has no basis.  It' s expressing his wish that price would go down so he can buy back UE shares at lower price.  He is simply said, a speculator, correct me if I am wrong.  However, the way it' s been said is like he knows that the price will go down, and that is misleading. nea03177      ( Date: 18-Feb-2015 23:36) Posted: Bigmama wants to buy back between 2.65-2.70 after he sold those bought at 2.65. He is hoping for a pullback. If there is no pullback up to his price, he will miss the boat. My broker said OCBC & GE will sell UE but when nobody knows. OUE has been mentioned among their circle. Kyoto2008      ( Date: 18-Feb-2015 22:42) Posted: Noone really knows price of UE next week.  Why did you say below 2.70?  What' s the basis?
Useful To Me  Not Useful To Me
nea03177 Senior	18-Feb-2015 23:50        nea03177 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Can check FCL website. FCL was private under F&N until Charoen decide to list it by way of distribution to F&N shareholders on the basis of 2 FCL for 1 F&N shares. The day it opened for trading, it hit 1.63. Charoen got back all his investment of 9.55 with a dividend of 3.94 and later this FCL listing. FCT is Frasers Centrepoint Trust which is part of F&N and manages all the properties and Reits under F&N. Fraser Commercial Trust under F&N is also under FCT's management. Frasers Hospitality Trust is carved out from certain properties under F&N, and injection of TCC properties. It's a complex structure to a layman like me. You check their website and analyse, can? kirana      ( Date: 18-Feb-2015 11:34) Posted: Kyoto said FCT. This is part of F& N takeover. Can anyone enlighten on FCT, FHT, FCOT.
Useful To Me  Not Useful To Me
toiletsiao Member	18-Feb-2015 23:37        toiletsiao About Contact  Quote this Post!
x 0   x 0  Alert Admin	Chk out the shareprice of UE's(held thru WBL) MFlex ... As of now it is up 7% on nasdaq....could the market be anticipating a sellout of WBL stake soon..
Useful To Me  Not Useful To Me
nea03177 Senior	18-Feb-2015 23:36        nea03177 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Bigmama wants to buy back between 2.65-2.70 after he sold those bought at 2.65. He is hoping for a pullback. If there is no pullback up to his price, he will miss the boat. My broker said OCBC & GE will sell UE but when nobody knows. OUE has been mentioned among their circle. Kyoto2008      ( Date: 18-Feb-2015 22:42) Posted: Noone really knows price of UE next week.  Why did you say below 2.70?  What' s the basis? Bigmama      ( Date: 18-Feb-2015 22:20) Posted: Thanks. Little ang bao only.
Useful To Me  Not Useful To Me
IBanalystslave Member	18-Feb-2015 23:01        IBanalystslave About Contact  Quote this Post!
x 0   x 0  Alert Admin	On an anticipatory view, the new buyers after UE should reveal themselves before the annual report is out and if the price action continues to support accumulation over the next few days, there would be a higher possibility for this. Even if this does not pan out, as I have mentioned, the full year annual report will show at least a 30% increase in net profit as well as an increase in the NAV. This will further support a higher base price close to or above 3. While others are looking at an exceptional dividend, I am of the view that the cash would be retained or used to pay down debt instead. Again, if there is a big bumper dividend, then the buyer would want to announce the offer earlier so that would entitle them to the dividends. Knowing that the price went up to 3.28, this time it could go higher if the actual offer isn' t already announced because everyone now knows Ocbc is looking at something more than the 3.50-3.70 range associated with charoen.  Kyoto2008      ( Date: 18-Feb-2015 22:42) Posted: Noone really knows price of UE next week.  Why did you say below 2.70?  What' s the basis? Bigmama      ( Date: 18-Feb-2015 22:20) Posted: Thanks. Little ang bao only.
Useful To Me  Not Useful To Me
Kyoto2008 Elite	18-Feb-2015 22:42        Kyoto2008 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Noone really knows price of UE next week.  Why did you say below 2.70?  What' s the basis? Bigmama      ( Date: 18-Feb-2015 22:20) Posted: Thanks. Little ang bao only. nea03177      ( Date: 18-Feb-2015 17:29) Posted: Congrats. Big fat ang pow for New Year.
Useful To Me  Not Useful To Me
Bigmama Elite	18-Feb-2015 22:20        Bigmama About Contact  Quote this Post!
x 0   x 0  Alert Admin	Thanks. Little ang bao only. nea03177      ( Date: 18-Feb-2015 17:29) Posted: Congrats. Big fat ang pow for New Year. Bigmama      ( Date: 18-Feb-2015 12:31) Posted: Sold all. Thank you very much.
Useful To Me  Not Useful To Me
nea03177 Senior	18-Feb-2015 17:29        nea03177 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Congrats. Big fat ang pow for New Year. Bigmama      ( Date: 18-Feb-2015 12:31) Posted: Sold all. Thank you very much.
Useful To Me  Not Useful To Me
Bigmama Elite	18-Feb-2015 13:29        Bigmama About Contact  Quote this Post!
x 0   x 0  Alert Admin	Below 2.7 next week. superuser      ( Date: 18-Feb-2015 12:54) Posted: Guys I kept to my promise and push UE share price way beyond $2.70 to close at $2.77 Guess what is my next target? superuser      ( Date: 16-Feb-2015 23:35) Posted: city dev posted bullish results. this is good news for UE. I will push UE share price beyond $2.70 tomorrow.
Useful To Me  Not Useful To Me
kirana Senior	18-Feb-2015 13:20        kirana About Contact  Quote this Post!
x 0   x 0  Alert Admin	Thanks! Go ahead to push. Next target 2.95. Ah push it push it real good
Useful To Me  Not Useful To Me
superuser Member	18-Feb-2015 12:54        superuser About Contact  Quote this Post!
x 0   x 0  Alert Admin	Guys I kept to my promise and push UE share price way beyond $2.70 to close at $2.77 Guess what is my next target? superuser      ( Date: 16-Feb-2015 23:35) Posted: city dev posted bullish results. this is good news for UE. I will push UE share price beyond $2.70 tomorrow.
Useful To Me  Not Useful To Me
Bigmama Elite	18-Feb-2015 12:31        Bigmama About Contact  Quote this Post!
x 0   x 0  Alert Admin	Sold all. Thank you very much.
Useful To Me  Not Useful To Me
kirana Senior	18-Feb-2015 11:34        kirana About Contact  Quote this Post!
x 0   x 0  Alert Admin	Kyoto said FCT. This is part of F& N takeover. Can anyone enlighten on FCT, FHT, FCOT.
Useful To Me  Not Useful To Me

                                                         First   < Newer   1001-1020 of 1912   Older>   Last