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United Engineers
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mrwonderful
Veteran |
10-Mar-2015 15:49
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Obviously no M& A talk as the price suggests. In absence of any news, BBs will seize opportunity to short. Today so many short sellers, does not look good. Cutting loss on some, maybe more. The dividend in May should be a boost but it' s still far off.
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charliel3ong
Senior |
10-Mar-2015 15:44
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could drop to 2.60 support region at the rate it goes. volume is barely there. the lake is as quiet as the dead sea. somebody please start spraying some machine gun bullets on the lake leh. |
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AldarSorouh
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10-Mar-2015 15:25
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Why is everyone so quiet? mrwonderful, skychar, IBanaystslave? Any updates on any potential m& a?
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smallisland
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09-Mar-2015 12:22
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don' t know need to wait for how long |
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dataminer
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06-Mar-2015 21:43
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Today up $0.03. As long as its up, I think it's good news. I hope UE mgt can do share buyback to boost its share price. | ||||
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smallisland
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06-Mar-2015 14:03
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so boring |
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dataminer
Member |
05-Mar-2015 11:11
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If there are no shortists, then those who are selling are short term/ weak holders. Since the selling volume is low, I don' t worry about those who bought above $2.80 cutting losses. It also means, those who buy today are willing to hold on longer term. |
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dataminer
Member |
04-Mar-2015 18:23
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Been reading this thread. I would like to contribute my analysis on this. 1. Result ok, but not fantastic. Dividend increase to $0.10 is definitely a plus. 2. The share price is seeing a correction the last few days. This is normal. I don' t see any big sell off from the results release. This means the market is not worried about the financials even without the takeover. 3. Market volume is low Again, its not a sign of weakness, but the rather the market don' t have reasons to rush to buy. Though, it can ignite again when there are more news. 4. If you buy for long term, then look at the fundamentals. Its a strong counter with divestments to generate huge cash opportunity. Whether its a takeover candidate in the future, we don' t know. Just my personal speculation. Since UE mgt reject takeover, it has to prove itself more valuable than the takeover price. This means the price should not fall too much from the current level. Even if there are shortists, these shortists will be worried about the takeover coming back to haunt them. I see low volume in selling as a plus. |
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mrwonderful
Veteran |
04-Mar-2015 14:36
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Selling non stop but little buyers. Weird. The results are not bad, but was it not up to expectations? I don' t know. Probably traders shorting as easier to push down than push up absent any major catalyst. |
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charliel3ong
Senior |
04-Mar-2015 14:27
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this counter looks quite deserted recently, not much volume to talk about, ever since the earnings report came out on Friday. Suppose market has priced in expectations of the report, or hasnt it? |
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nea03177
Senior |
03-Mar-2015 22:25
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Typo error, should be CIMB. I do not know how to attach links. I remember seeing at least 2 other houses calling a buy. Cannot remember whether it is OCBC or UOBKH. I deleted the emails.
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skychar
Member |
03-Mar-2015 21:51
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cimb report targeting UE at 3.03 https://cimbequityresearch.cimb.com/EFAOnTheWeb/EFAWebAPI/GetDocPDF.asp?DocGUID=E54B3AEC-1D5F-4899-A714-521E9E873ACB& A=CIMB
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charliel3ong
Senior |
03-Mar-2015 15:24
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well supported around 2.77, 2.78. looks good to stay above 2.80 for the rest of the week. unless some catalyst comes in  |
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skychar
Member |
03-Mar-2015 13:49
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Sph Reit need some good properties to be injected ma
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nea03177
Senior |
03-Mar-2015 13:45
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I prefer Charoen to buy. Vested heavily in FCL as well. So if happen, will be great for FCL.
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nea03177
Senior |
03-Mar-2015 13:00
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SPH not likely imo, if City Devts, how nice? Or UOL? Hahaha
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kirana
Senior |
03-Mar-2015 12:47
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The saying of SPH involved I have not heard of. But they share the same ideology. |
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nea03177
Senior |
02-Mar-2015 22:43
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Offhand cannot remember which are the houses. Comb says add target 3.03. Checking my emails for other brokerage house recommendation.
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pirateboy
Member |
02-Mar-2015 21:39
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ah lim and ah tan put their reputation on the line and lost big time. maybe they didn' t have stake or guided interests! 
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kirana
Senior |
02-Mar-2015 17:21
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Which house? Can share what they say? Again, I dont really beleive all they say though. People tell me broeking house and analyst have stake and guided interests |
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