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Maybe they will waived off the loss.
tritonyeah666 ( Date: 12-Jan-2022 10:56) Posted:
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called them, they said they trying to fix....lol, imagine your stop gap up or gap down and you want to sell..do they compensate u?
Server down until now....
yes down
newbie1118 ( Date: 12-Jan-2022 10:08) Posted:
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Is UOBKAYHIAN website down?
Taking reference from peer
With the plausible listing of peer CGS-CIMB Securities, it would be interesting to see the valuation in which the firm would be listed. The table below shows the potential worth of UOB Kay Hian based on the price-to-earnings multiple that CGS is listed at (based on estimated CY21 Earnings per share of 20 cents for UOBKH).
More details on the potential listing of CGS is appended below:
https://themalaysianreserve.com/2021/04/15/cimb-backed-brokerage-eyes-rm3b-value-from-target-ipo/
Happy investing and stay safe. Cheers!
Uncovering_Value
With the plausible listing of peer CGS-CIMB Securities, it would be interesting to see the valuation in which the firm would be listed. The table below shows the potential worth of UOB Kay Hian based on the price-to-earnings multiple that CGS is listed at (based on estimated CY21 Earnings per share of 20 cents for UOBKH).
| PE | Intrinsic price (for UOBKH) |
| 10X | $2.00 |
| 15X | $3.00 |
| 20X | $4.00 |
More details on the potential listing of CGS is appended below:
https://themalaysianreserve.com/2021/04/15/cimb-backed-brokerage-eyes-rm3b-value-from-target-ipo/
Happy investing and stay safe. Cheers!
Uncovering_Value
Higher volatility is earnings accreditive to UOB KayHian.
Uncovering_Value ( Date: 15-Nov-2021 11:46) Posted:
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UOBKH sees further downside risks to Malaysian glove sector, maintains ' underweight'
UOB Kay Hian (UOBKH) is maintaining its " underweight" recommendation on Malaysia' s glove sector, as it believes average selling prices (ASPs) are normalising, and deferred capacity and sub-optimal utilisation rates to be further downsides.
This comes after the sector' s Q3 earnings came in below expectations, with its topline contracting 36.9 per cent quarter on quarter and ASPs falling 21 per cent.
Among the stocks under its coverage, Top Glove and Supermax fell below the research house' s expectations, owing to the curtailed volume output during Malaysia' s national lockdown.
Top Glove posted a 52.9 per cent year-on-year decline in net profit to RM607.9 million (S$197.4 million) for its third quarter, while Supermax saw a 19.1 per cent year-on-year fall in net profit to RM638.5 million in Q3.
In a report on Thursday (Nov 25), analyst Philip Wong noted that while ASPs are higher relative to pre-pandemic conditions, profitability per glove is approaching normality.
In the near term, he expects the industry' s ASPs to hover around existing levels due to higher energy cost in China and expectations that distributors would replenish depleted inventories after holding out on purchases over the past months while waiting for ASPs to drop.
Beyond that, Wong expects ASPs to return to the pre-pandemic cost-plus basis model, which translates to ASPs of US$29.10 per 1,000 pieces in 2022 from US$65.40 per 1,000 pieces in 2021.
While the Malaysian Rubber Glove Manufacturers Association projects global demand for rubber gloves to grow 16.7 per cent and 15-20 per cent for 2021 and 2022 respectively, Wong notes that capacity growth currently appears to outstrip demand.
Therefore, given that there could possibly be over-capacity in the interim, any capacity expansion targets for the second half of FY2022 could be deferred, he said.
Not only that, utilisation rates could possibly undershoot pre-Covid levels of 80-85 per cent as well, he added.
Wong expects sector net profit to contract 67 per cent and 20 per cent year on year in 2022 and 2023 respectively.
" Our earnings projections already suggest 32 per cent downside to consensus' 2023 expectations. Should these pressure points be realised, there could be further downside to both our and consensus' projections," he said.
And given the significant downside, sentiment may continue to deteriorate, he added.
Wong does not expect investor interest to be piqued until a bottom is found.
" Given the uncertainty and unfavourable reward-to-risk payoff, we suggest investors minimise their exposure to the sector," he said.
Another record quarter from the Land of Smiles
For those wondering if the pandemic-driven stock trading volumes and values have finally come to a halt, UOB Kay Hians Thai subsidiary 3Q 2021 results reveals an interesting conclusion - the surge seen last year hasnt seen much abatement in the current year.
For 3Q2021, net profit doubled from THB 47mil from a year earlier to THB 101 mil. For 9M2021, net profit increased by about 64% YoY to THB305 mil.
More details appended in the link below:
https://www.set.or.th/set/pdfnews.do?newsId=16366725991730& sequence=0
Essentially, still a gem worth holding (c. 6% yield) that brings upon smiles at the end of the day!
Happy investing and stay safe. Cheers!
Uncovering_Value
For those wondering if the pandemic-driven stock trading volumes and values have finally come to a halt, UOB Kay Hians Thai subsidiary 3Q 2021 results reveals an interesting conclusion - the surge seen last year hasnt seen much abatement in the current year.
For 3Q2021, net profit doubled from THB 47mil from a year earlier to THB 101 mil. For 9M2021, net profit increased by about 64% YoY to THB305 mil.
More details appended in the link below:
https://www.set.or.th/set/pdfnews.do?newsId=16366725991730& sequence=0
Essentially, still a gem worth holding (c. 6% yield) that brings upon smiles at the end of the day!
Happy investing and stay safe. Cheers!
Uncovering_Value
I also notice this. Huat Ah....
avang_ ( Date: 04-Nov-2021 14:18) Posted:
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From UOB' s Q3 2021 earnings, we can see that contribution from associates and JV increased from $24M to $29M. This represents a growth of slightly over 20% YoY. As UOBKH represents tha bulk of this number, we can assume that Q3 earnings for UOBKH increased at least 20% or more.
https://www.straitstimes.com/business/companies-markets/sgx-securities-turnover-value-up-11-to-27-billion-in-september
SGX securities turnover value up 11% to $27 billion in September
UOB Kay Hian will set up a securities company in Suzhou Industrial Park. They will offer investment banking service, advisory services for IPOs and mergers & acquisitions for enterprises based in Suzhou Industrial Park and Yangtze River Delta area.
So UOB KH will be entering China market......same like IFAST. Can this new development lift up UOB KH' s share price?
So UOB KH will be entering China market......same like IFAST. Can this new development lift up UOB KH' s share price?
CleanNGreen ( Date: 16-Oct-2021 12:55) Posted:
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https://www.theedgesingapore.com/news/china-focus/suzhou-industrial-park-administrative-committee-uob-china-and-uob-kay-hian-sign-mou
Suzhou Industrial Park Administrative Committee, UOB China and UOB Kay Hian sign MOU
UOBKH sees negative risk-reward payoff in Malaysia glove sector, advises minimal exposure
UOB Kay Hian (UOBKH) is maintaining its " underweight" recommendation on Malaysia' s glove sector, as it believes the rate of normalisation for demand and average selling prices (ASPs) is swifter than expected.
This comes after the sector reported slight sequential overall growth in Q2 of 2021, a period which UOBKH believes to signify peak quarterly earnings.
Most stocks under its coverage came in either within or beyond the research house' s expectations except for Top Glove, whose volume sales were affected by its withhold release order issued by the US Customs and Border Protection in July last year.
In a report on Wednesday, analyst Philip Wong noted that nitrile ASPs have moderated slightly ahead of expectations, and said he now anticipates ASPs to normalise sooner in mid-2022 compared to 2023 previously.
The analyst is expecting 2021 and 2022 sector net profit to grow year on year by 62 per cent and subsequently decline 82 per cent on-year, respectively.
" Given the sharpness of moderating ASPs and the laggard effect by consensus to factor in down-trending ASPs, this forms downside to consensus earnings expectations relative to ours," said Mr Wong.
UOBKH' s sector net profit estimates now stand at 4 per cent, 28 per cent and 34 per cent below consensus projections at this juncture.
" Factoring in the softened ASPs alone, our earnings projections already suggest significant downside to consensus expectations. Against this backdrop, there could be further downside to both sentiment and earnings going forward," he noted.
He nonetheless remains positive on the downtrend of raw material prices and expects both nitrile and latex costs to normalise in the near term.
" We believe deferred capacity expansion and sub-optimal utilisation rates may not be fully factored in yet&hellip Capacity expansion plans and its subsequent deferment and sub-optimal utilisation rates could represent significant downside to our forecast should industry dynamics moderate too sharply," said Mr Wong.
The analyst is expecting overall production output in Q3 of 2021 to be 25 per cent below peak utilisation rates, due to ongoing pandemic restrictions on Malaysia' s labour workforce.
" Given the unfavourable reward-to-risk payoff, we suggest investors to minimise their exposure to the sector," he added.
Hope to see $1.88 or at least $1.68...auspicious numbers....lol.
Lobster ( Date: 14-Aug-2021 14:25) Posted:
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Well of course I did...! Notice the price went up,again on Friday? He said this is just the appetiser before year end, if want to buy, buy now. In fact he specifically said if ever below 1.60, juz grab. Because nearer FY results this would be difficult to get at this price. As usual he didn' t say out loud, but from his mahjong hands, I expect it to be above 10 cents. My guess is 0.12c.
by the way as I said earlier, he' s a very superstitious guy... normally his half yearly results is on a Friday of second week of August. But this year he purposely have it released two days earlier because Friday happened to be Friday the 13th. When he plays mahjong, he must choose the direction wgphere he sits!
by the way as I said earlier, he' s a very superstitious guy... normally his half yearly results is on a Friday of second week of August. But this year he purposely have it released two days earlier because Friday happened to be Friday the 13th. When he plays mahjong, he must choose the direction wgphere he sits!
wehuattogether88 ( Date: 12-Aug-2021 10:08) Posted:
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Ask him to play more mahjong with you lah, persuade him to buy up and push UOBKayHian more leh.
Lobster ( Date: 12-Aug-2021 09:52) Posted:
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Wow! EeChao is solid, man! Pushing! Now S1.65!
No lar, don' t have to hope. Sure will be. All I need is to suan him at the mahjong or poker card table, and he will show hands that he is a generous man. He DID hint that this FY dividends will be higher than last FY crazy dividends of 0.09 c. I think all of us mistaken that he meant an interim ...