OUE
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OUE LTD worth buying for long term
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One of the bargain stocks and top ten picks by OCBC research.
http://www.straitstimes.com/business/bargain-stocks-aplenty-but-where-are-the-buyers
jazzytan ( Date: 09-Dec-2016 10:35) Posted:
Moving up today after hovering around $1.80.. any insights to share??
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Moving up today after hovering around $1.80.. any insights to share??
Approaching $1.80 soon.................
$1.80 looks more attractive....
huat 8 mah
Secret_Squirrel ( Date: 02-Nov-2016 23:37) Posted:
3rd quarter results just out.
Doing quite well.
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3rd quarter results just out.
Doing quite well.
OUE approached to purchase UE shares but says not in talks
SINGAPORE (Oct 5): OUE, the property group led by executive chairman Stephen Riady, revealed that the company has been approached to purchase shares in United Engineers (UE).
But OUE said there was " no ongoing discussions" and there was " no assurance whatsoever that any definitive or binding agreement for the purchase of UE shares by the company will be reached" .
The property group added that it will make announcements in the event there is any definitive agreement to purchase shares of UE.
OUE called for a trading halt at 11.12am to file the clarification after Bloomberg reported on Tuesday night that the property group, backed by the billionaire Riady family, was planning to pursue a stake in UE.
The report added that OUE was interested in bidding for shares held by Oversea-Chinese Banking Corp. (OCBC) and its affiliates.
(See also: Billionaire Riady family said to pursue United Engineers stake)
Earlier on Sept 26, OCBC, the bank' s founding Lee family and associate insurance company Great Eastern Holdings, which together own a 36% of UE, announced they were reviewing &ldquo strategic options&rdquo regarding their combined stake.
A sale of the stake would trigger a mandatory open offer for all of UE shares.
(See also: OCBC and Great Eastern confirm reviewing options with United Engineers stake)
Shares of OUE, which had rose to a morning high of $1.81, fell to a low of $1.75 after the trading halt was lifted, only to close 1.1% higher at $1.775.
One is OUE and the other is UE.
One is Old (O) and the other is not.
Qanghoo ( Date: 07-Oct-2016 11:05) Posted:
I think problem not ur english nor my singlish. Problem is I think they purposely talk in riddles.
FATABA ( Date: 07-Oct-2016 10:06) Posted:
my english not good lah......oh it means " not on going talk ......but could be scheduled talk /talk ? Maybe can be successful..." so no definetive agreement yet"
see how much can discount and negotiate. LOL
Whatever, UE is very much a pure property play now with non core busines cut off. More suitable for OUE esp some of UE 999 rare lease hold property .
Time will tell.
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I think problem not ur english nor my singlish. Problem is I think they purposely talk in riddles.
FATABA ( Date: 07-Oct-2016 10:06) Posted:
my english not good lah......oh it means " not on going talk ......but could be scheduled talk /talk ? Maybe can be successful..." so no definetive agreement yet"
see how much can discount and negotiate. LOL
Whatever, UE is very much a pure property play now with non core busines cut off. More suitable for OUE esp some of UE 999 rare lease hold property .
Time will tell.
Qanghoo ( Date: 05-Oct-2016 15:56) Posted:
" Although the company has been approached in relation to the purchase of shares of United Engineers Ltd, there are no ongoing discussions and there is no assurance whatsoever that any definitive or binding agreement for the purchase of shares of UE by the company will be reached, " Says OUE.
Above is highlighted portion is the giveaway? Read between the lines ..... Interesting.
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my english not good lah......oh it means " not on going talk ......but could be scheduled talk /talk ? Maybe can be successful..." so no definetive agreement yet"
see how much can discount and negotiate. LOL
Whatever, UE is very much a pure property play now with non core busines cut off. More suitable for OUE esp some of UE 999 rare lease hold property .
Time will tell.
Qanghoo ( Date: 05-Oct-2016 15:56) Posted:
" Although the company has been approached in relation to the purchase of shares of United Engineers Ltd, there are no ongoing discussions and there is no assurance whatsoever that any definitive or binding agreement for the purchase of shares of UE by the company will be reached, " Says OUE.
Above is highlighted portion is the giveaway? Read between the lines ..... Interesting.
WanSiTong ( Date: 05-Oct-2016 14:40) Posted:
OUE: No ongoing talks on United Engineers, will announce if buying
DEVELOPER OUE has commented on talk of its interest in property play United Engineers (UE), saying there are no ongoing discussions and it will make an announcement should it buying stocks in the firm.
" Although the company has been approached in relation to the purchase of shares of United Engineers Ltd, there are no ongoing discussions and there is no assurance whatsoever that any definitive or binding agreement for the purchase of shares of UE by the company will be reached, " Says OUE.
It added that the company " will make an appropriate announcement" should there be a definitive agreement to buy shares in UE.
United Engineers had rallied 4 per cent on Wednesday to S $ 2.64 after a Bloomberg report on OUE' s interest was out. The counter' s rally attracted a Singapore Exchange (SGX) query.
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what is the synergy between OUE and UE, if OUE buys UE?
"
Although the company has been approached in relation to the purchase of shares of United Engineers Ltd, there are no ongoing discussions and there is no assurance whatsoever that any definitive or binding agreement for the purchase of shares of UE by the company will be reached, " Says OUE.
Above is highlighted portion is the giveaway? Read between the lines ..... Interesting.
WanSiTong ( Date: 05-Oct-2016 14:40) Posted:
OUE: No ongoing talks on United Engineers, will announce if buying
DEVELOPER OUE has commented on talk of its interest in property play United Engineers (UE), saying there are no ongoing discussions and it will make an announcement should it buying stocks in the firm.
" Although the company has been approached in relation to the purchase of shares of United Engineers Ltd, there are no ongoing discussions and there is no assurance whatsoever that any definitive or binding agreement for the purchase of shares of UE by the company will be reached, " Says OUE.
It added that the company " will make an appropriate announcement" should there be a definitive agreement to buy shares in UE.
United Engineers had rallied 4 per cent on Wednesday to S $ 2.64 after a Bloomberg report on OUE' s interest was out. The counter' s rally attracted a Singapore Exchange (SGX) query.
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OUE: No ongoing talks on United Engineers, will announce if buying
DEVELOPER OUE has commented on talk of its interest in property play United Engineers (UE), saying there are no ongoing discussions and it will make an announcement should it buying stocks in the firm.
" Although the company has been approached in relation to the purchase of shares of United Engineers Ltd, there are no ongoing discussions and there is no assurance whatsoever that any definitive or binding agreement for the purchase of shares of UE by the company will be reached, " Says OUE.
It added that the company " will make an appropriate announcement" should there be a definitive agreement to buy shares in UE.
United Engineers had rallied 4 per cent on Wednesday to S $ 2.64 after a Bloomberg report on OUE' s interest was out. The counter' s rally attracted a Singapore Exchange (SGX) query.
TQ belly march.
Time to let go temporary...
May go down...
As shown in the Company' s Register of Sunstantial Shareholders as at 8 March 2016.....
OUE immediate holding company is OUE Realty Pte Ltd. (Direct interest 55.63%).
The uliimate holding company is Lippo ASM Asia Property Ltd (Deemed interest 68.52%)
bishan22 ( Date: 05-Oct-2016 13:26) Posted:
Oue and lippo. R they related??
johnng ( Date: 05-Oct-2016 12:40) Posted:
RAIDY selling his BOOK...must be something cooking up
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Oue and lippo. R they related??
johnng ( Date: 05-Oct-2016 12:40) Posted:
RAIDY selling his BOOK...must be something cooking up
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RAIDY selling his BOOK...must be something cooking up
Halted... simi sai eh......
bishan22 ( Date: 27-Sep-2016 11:02) Posted:
Bot at 158. Simi sai.☺
bishan22 ( Date: 22-Sep-2016 18:27) Posted:
Very high volume too.....
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Why would UE cause price to jump? Esp if purchase price is high...
Highlight......Read more
Billionaire Riady family said to pursue United Engineers stake
Developer OUE, backed by the billionaire Riady family, plans to pursue a stake in Singapore property and construction firm United Engineers, reported Bloomberg.
OUE is interested in bidding for shares held by Oversea-Chinese Banking Corp and its affiliates.
A spokesman for OUE declined to comment. OUE shares closed 4 cents higher at $1.80. UE shares closed 2 cents higher at $2.53.
