UOL    Last:10.03    +0.03

UOL

will pick up along the way and trade with expectations
huat ah!

 

quite badly sold down, and closed day low
is the selling done soon
dyodd 

 

Another low of the year - how low can it go? :)
 

 

I am still waiting for SGX to upload Institition & Retail Net Buy/sell for last week transaction to see how UOL fare.
SGX has yet to upload it to their website.

 

Perhaps recent decline partially due to CFO and CLO (Chief Legal Officer) leaving at end of March 2024.

 

arcelfin27      ( Date: 04-Mar-2024 10:53) Posted: Those who bought at $6 and above got obk

 

Those who bought at $6 and above got obk

 

This was due to UOL being excluded from MSCI Global which took effect after market close so the volume was mainly driven by passive index funds who had to liquidate.

Secret_Squirrel      ( Date: 29-Feb-2024 21:03) Posted: Look at the volume of shares traded today. Also take a look at the volume of shres traded after 5.00pm It will make your jaw drop.

 

Yes, accumulate Dyodd

 

Look at the volume of shares traded today.
Also take a look at the volume of shres traded after 5.00pm
It will make your jaw drop.

 

Sell off again .. at tis rate?.

 

Last day for fund managers to clear their holdings. Looking to pick some....

 

Tomorrow is Friday.
Let' s see whether it will drop below $6.00 again or even better if below $5.90.
Was hoping it drop below $5.90 before entering, but it rebounce. lol

 

Agreed. Just wait for capital appreciation in addition to the 20c dividend....

pasttime      ( Date: 28-Feb-2024 09:22) Posted: a good set of results. also good they shared the profit from sale with special dividend. short term share price one can see artificial suppress. either to get out of their short positions or collections. xd in may so still got some time for people interested to collect good stock at discount with visible growth and cpf type of dividend. ie better then cpf rate with no growth. happy to the bank again. dyodd

 

a good set of results. also good they shared the profit from sale with special dividend.
short term share price one can see artificial suppress. either to get out of their short positions or collections.
xd in may so still got some time for people interested to collect good stock at discount with visible growth and
cpf type of dividend. ie better then cpf rate with no growth.
happy to the bank again.
dyodd

 

UOL financial report out already:  https://links.sgx.com/1.0.0/corporate-announcements/MSQDOUMMWBDPL181/28d3b4dc09edee0f79fd9d56f6b92393c822b3671a61d9f86d1bd10c85239e6d  .

Brief summary:  

1) Net attributable profit of S$707.70.
2) Profit mainly due to $442.3 million from sale of Parkroyal Kitchener Road.
3) Singapore hotel business improved by 38%.
4) Group Revenue down 16%.
5) Fairvalue gains recorded for Singapore properties.
6) Fairvalue losses recorded for UK and Australian commercial properties.
7) Dividends of $0.20/share ( regular 15-cent + special 5-cent ) announced. 


 

 

SGX is freaking joke... when everyone is up, SGX is down... when everyone is down, SGX is down as well... goddamnit, investing in SGX is the worst investment decision i made. F up. 

 

Easier to short sgx and make $$.
If investors long term all burn..
Sigh

 

There is no logic in current Signapore stock market.
Those making money, stock price also goes down. 
Profit takes whenever opportunity arises.
Then buy back when the p[rice plunges.

 

Slide in price today not logical as related family business Singapore Land Group registered 7% increase in profit ( report released 1-2 days ago ) due to recovery of Singapore Hospitality sector.