Union Gas    Last:0.45   -

IPO 19-21 JULY

PE too high 
over value, I think 

sgfreestyler      ( Date: 19-Aug-2021 10:05) Posted: what' s going on.. OMG!!!

 

what' s going on.. OMG!!!

 

too high already?
 

joengss11      ( Date: 17-Aug-2021 14:23) Posted: so quiet for this counter

 

so quiet for this counter

 

agreed. look at the financial report. ToP line is growing n so is their expansion plans

ahberngh      ( Date: 13-Aug-2021 12:04) Posted: Growth still in place, revenue is growing. Profit drop because of rising costs. I think the story is still alive. Holding, no bullets to add.

 

Growth still in place, revenue is growing.
Profit drop because of rising costs.
I think the story is still alive.
Holding, no bullets to add.

 

bot at 99 jz now abv 1. 
the biz model and future for the co is good...investing on this...hope it works

 

same for me. haiz

raykee      ( Date: 13-Aug-2021 11:00) Posted: haiz, really need a lockdown to boost this counter..... very upset leh..... 24cents gone

 

net profit drop, but dividend double... ppl unhappy so sell

wilsonyeowth      ( Date: 13-Aug-2021 11:15) Posted: guys, what happen to union gas share price? drastic drop?

 

guys, what happen to union gas share price? drastic drop?

 

haiz, really need a lockdown to boost this counter..... very upset leh..... 24cents gone

 

worry, still overvalue at this price lvl
Company share price is about $0.23 since beginning (I think), and only shoot up last year on speciulation on good earnings.
I maybe wrong

 

i scooped some now...

 

out of gas ...but results good and dividend double compared to previous year 
flushing all the holders who can' t trust the company future....

pcxiao2008      ( Date: 13-Aug-2021 09:05) Posted: wow...CIRB spursfan      ( Date: 13-Aug-2021 07:54) Posted: FOR IMMEDIATE RELEASE Union Gas&rsquo topline grows to S$45.1 million on higher sales volume and average selling prices  Net profit declined 24.9% yoy to S$5.3 million due to the rise in material costs and expenses in relation to higher sales volumes and direct material costs.  Declares interim dividend of 1.0 Singapore cent per share, which represents 43.6% of net profit for 1H 2021, and double of the 0.5 Singapore cent per share declared in 1H 2020 https://links.sgx.com/1.0.0/corporate-announcements/OO2OPWV2RJ56BASA/678557_UGH_PR_HY2021.pdf

 

wow...CIRB

spursfan      ( Date: 13-Aug-2021 07:54) Posted: FOR IMMEDIATE RELEASE Union Gas&rsquo topline grows to S$45.1 million on higher sales volume and average selling prices  Net profit declined 24.9% yoy to S$5.3 million due to the rise in material costs and expenses in relation to higher sales volumes and direct material costs.  Declares interim dividend of 1.0 Singapore cent per share, which represents 43.6% of net profit for 1H 2021, and double of the 0.5 Singapore cent per share declared in 1H 2020 https://links.sgx.com/1.0.0/corporate-announcements/OO2OPWV2RJ56BASA/678557_UGH_PR_HY2021.pdf

 

FOR IMMEDIATE RELEASE
Union Gas&rsquo topline grows to S$45.1 million on higher sales volume and average selling prices
 Net profit declined 24.9% yoy to S$5.3 million due to the rise in material costs and expenses in relation to higher sales volumes and direct material costs.
 Declares interim dividend of 1.0 Singapore cent per share, which represents 43.6% of net profit for 1H 2021, and double of the 0.5 Singapore cent per share declared in 1H 2020
https://links.sgx.com/1.0.0/corporate-announcements/OO2OPWV2RJ56BASA/678557_UGH_PR_HY2021.pdf

 

COMMENTS ON BUSINESS PERFORMANCE Chief Financial Officer briefed the Meeting the following: Going forward, the Company looks forward to the various initiatives and potential projects that they have announced in the last 12 months. The Company is planning to seek further diversification of its products and expanding into different market segments while focusing on its core LPG business. The Company is currently negotiating with Union Energy Corporation pertaining to the non-binding Memorandum of Understanding that entered in June 2020 for a potential acquisition of an upstream business including bottling plants and LPG storage business. In March 2021, the Company announced its first potential overseas expansion with Worldbridge Industrial Developments Ltd for a proposed joint venture to supply and distribute LPG in Cambodia. In addition, the Company is in collaboration with Surbana Jurong Group to study and evaluate the potential redevelopment of the existing fuel station into Singapore&rsquo s first multi-fuel and energy facility. The Company has grown significantly since its Initial Public Offering in 2017 and the management is excited with the aforesaid expansion plans and is positive on new ideas and opportunities in its businesses. The Company will continue to seek further diversification of its products and its participation in the relevant markets to reinforce sustainability and strengthen the resilience of its businesses in the long-term. Management thanked shareholders for the supports over the past years and sought shareholders&rsquo continued support for future plans and approvals, when required in the future

 

The Board of Directors (the ?Board? or the ?Director?) of Union Gas Holdings Limited (the ?Company? and together with its subsidiaries, the ?Group?) wishes to announce that with effect from 23 July 2021, the registered office address of the Company will be changed to 89 Defu Lane 10, Union Gas House, Singapore 539220.
Wah new office more gas tanks to sell 👍

 

I wonder why not they buy out their competitot to dom the industry

 

July 19 is the scheduled effective date for the company transferring from Catalist to the Mainboard.

start today ar? what is the diff?

anw why today drop sia? the upcoming possible lockdown and news are all positive leh