"It has a clean balance sheet with 52 million cash vs 17 millions borrowing. EPS is 12.57sen (16.6million) for FY2011. NTA RM1.27. Share price is RM0.76 It is good to have for long term holding".
I got info from RHB OSK remisier that this company (ULICORP) will be privatised soon..the counter was distributed since last week at 0.76-0.77..today the counter moves up to 0.78..if the info is right..next week most probably will be gap up and played , goreng habis..
UNITED U-LI CORPORATION BERHAD ("ULICORP" or "the Company") - PROPOSED FINAL DIVIDEND IN RESPECT OF THE FINANCIAL YEAR ENDED 31 DECEMBER 2012 You are advised to read the full contents of the announcement or attachment at http://www.bursamalaysia.com.
Moon NG...juz back to my desk...current upleg is the major 3rd wbich is overextended.Res is 1.07...shud take profit n wait for pullback close to 0.96 to buy for v short term trade.Becos current upwave is overextended,it is better to wait for pullbacks b4 u reenter n not add more at current 1.02-1.07 zone.
if you are not playing contra, this counter will be very good for investment. PE only 6.3x at the moment, meaning the price is still low and not discover by the market yet. 5 years net profit is good and stable. 5 years cash flow also good and increasing. Dividend policy also good and improving. Dividend yield around 4-5%
Apr to Jun profit look very good. I have good faith the performance will continue sustain into jul to sep. The stock will fly when profit beat last quarter. Let wait for the result...
I have done my research few months ago and entered with nice price, this counter with FCF of 14M after deduction of liabilities. Business nature overall is quite good.
Hai Ulicorp forumers..I'm newbie here. But I've bought Ulicorp based on good fundamental and directors also buying (confirming my FA). Any comment on TA..
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Philip Ooi
1 posts
Posted by Philip Ooi > 2012-05-11 01:51 | Report Abuse
Any comment on this stock?