| Latest Forum Topics / United Engineers |
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PRIVATISE AT 50CENTS
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lglg666
Supreme |
26-May-2017 23:14
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Yes....die die confirmed you are an expert for resurfacing with a new nick but still a balls carrier. No matter whatever fancy new nick you used....your posting pattern or style never change.
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lglg666
Supreme |
26-May-2017 16:40
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Look like no trading halt and price movement during today's trading hours.....but still keeping my fingers crossed for the announcement of a trading halt pending news release during the weekend. | ||||
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lglg666
Supreme |
10-Jan-2017 16:10
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Yeah double confirmed that you are a old ah kwa - expert sucker and balls carrier.....aka AnthonyKwong
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jonmark
Member |
07-Jan-2017 17:24
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same i sold mine too!   :(( 
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kirana
Senior |
06-Jan-2017 22:40
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So taking 4.20 x 2 + 1.50 x 1 = 9.90 then divive by 3 gets 3.30. Therefore book value should be around there. Over the years that passed should revalued the concrete buildings by some %, plus gains from divesting off non-related business entities here and there. Thats probably how DBS and UOB KH trying to value UE. Thank you! |
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MichaelSchenker
Master |
06-Jan-2017 21:32
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After ex-rights, there shall be an adjustment. Check the sgx company disclosure chart. It will display the updated chart with adjusted price. Rights issue will effectively  dilute the value of the share unit. The decline in value will depend on the ratio of the rights issue, as more shares will flood the market, and given that the rights will normally be purchased at a lower price.
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kirana
Senior |
06-Jan-2017 19:57
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Before the rights issue @ $1.50, older valuations can be higher than $4.20. How do we calculate? |
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kirana
Senior |
06-Jan-2017 10:29
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Seriously, I am holding a lot. Over the years, I got from 1.80 - 2.40 range. I beleive this should not fail me. |
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anthonykwong
Supreme |
06-Jan-2017 09:51
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Dont believe dont buy lor , so simple
The only concern for retailers and investors is : Am I holding any UE shares ? Not holding a single lot is a concern, cos NO CHANCE. If such news and hint come out and still dare not buy, then i dont know which counters in sgx can dare to buy
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kirana
Senior |
06-Jan-2017 09:29
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I personally do beleive there are 10 or so contenders. It is more exciting. It also means OCBC & GE will not simply let go of the prize assets. The only negative here is timing. With Trump coming up on January 20, etc, etc, it takes guts and forsight to make a proposal. |
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anthonykwong
Supreme |
06-Jan-2017 01:22
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On the contrary.
It says to Existing Shareholders : dont anyhow do with your shares, means dont sell = hold. When Credit Suisse is appointed, expect Spore-based, Malaysia, Indonesia, Thailand, HK/China bidders. The major shareholders of the company, which has a market value of S$1.7 billion ($1.2 billion), have been sending preliminary financial information on United Engineers?s business to potential bidders since the end of December, the people said. At least 10 parties including regional property developers, private equity firms and real estate funds have indicated interest, the people said, asking not to be identified because the information is private. M & A looks more firm now. Gap Up on opening. Like GLP.
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ysh2006
Supreme |
05-Jan-2017 18:27
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Nothing to announce still discussion coy adviced shareholders don't anyhow buy still long way to go...I think only..
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investshare
Supreme |
05-Jan-2017 17:22
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Announcement: review still on going. | ||||
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triphopper
Senior |
05-Jan-2017 15:42
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Trading Halt! |
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stockeers
Member |
05-Jan-2017 15:30
Yells: "Trade everything moderately!" |
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pray pray... |
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MichaelSchenker
Master |
05-Jan-2017 15:30
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BT is faster than sgx. Another confidence level of sgx relegated one notch. Again, congrats to all holders who would likely see 2.80 in the near term. Watching from the sidelines...  
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sunview
Veteran |
05-Jan-2017 15:27
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[SINGAPORE] United Engineers Ltd' s largest shareholders have started formally assessing buyer interest in the century-old Singapore property group, according to people with knowledge of the matter. The major shareholders of the company, which has a market value of S$1.7 billion, have been sending preliminary financial information on United Engineers' s business  to potential bidders since the end of December, the people said. At least 10 parties including regional property developers, private equity firms and real estate funds have indicated interest, the people said,  asking not to be identified because the information is private.  First-round bids are due by the end of this month, according to the people.  Shares of United Engineers rose as much as 4.3 per cent in Singapore trading Thursday, the biggest intraday gain in nearly three weeks, triggering queries from the Singapore stock exchange. United Engineers' s biggest owners, Singapore lender Oversea-Chinese Banking Corp and its insurance unit Great Eastern Holdings Ltd, said in September they were reviewing strategic options for their combined stakes in the company. " Investors looking to buy these assets would be looking at it as a play on yields," said Nicholas Mak,  an executive director at SLP International Property Consultants in Singapore. " A yield of at least 5 per cent on the assets would make them attractive." United Engineers has been selling non-core assets in recent years, including stakes in property management companies in China, a Singapore luxury car distributor and an Indonesian steel fabrication business. Its current property portfolio includes Singapore shopping centers like Rochester Mall and Seletar Mall and mixed-use developments such as UE BizHub City, as well as condominiums, hotels and serviced apartments, according to its website. Representatives for OCBC and United Engineers declined to comment. OCBC, Great Eastern and the bank' s founding Lee family own more than 30 per cent of United Engineers, people with knowledge of the matter said in September. Buying their shareholdings would trigger a mandatory takeover offer for the company under Singapore rules. BLOOMBERG |
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mrwise
Supreme |
05-Jan-2017 15:14
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News out at BT: United Engineers to seek bids for century-old company " United Engineers Ltd' s largest shareholders have started formally assessing buyer interest in the century-old Singapore property group, according to people with knowledge of the matter......"
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mrwise
Supreme |
05-Jan-2017 14:54
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:) Hope that this will be $3.20 at least for a buyout! Lets hope for good news before the CNY...   |
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MichaelSchenker
Master |
05-Jan-2017 14:43
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What a waste! I sold mine at 2.62 this morning, not suspecting anything. But still I have to congratulate those who are still holding. Wonder who are those who bought heavily this morning. Seems like privileged info, then again this is nothing new in poorly managed sgx. |
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