Today should be a good day for UOADEV but what to do when all kaisu & kiasi sell like there's no tomorrow......don't these k&k knows that a 10 cents dividend is coming soon or are they simply blind, hee, hee,hee
Yes, brother newb , a possibility but don't these people read all the announcements when they buy this counter....or do they invest blindly? The dividend will be announced at the coming AGM.
And brother Kl Vin said it correctly....yes, collect on weakness & keep the dividend, hee, hee, hee
Yes, brother angkor, a possibility to kill the weaklings...do you see that someone purposely throw down 1 to 6 lots at 1 cent cheaper around $1.39? Someone's collecting or is it to kill the weak panic sellers?
I hope it remain at 1.40 til mid april.. thats when i get all my cash flowing.. i'll enter everything into tis counter.. I am super confident uoadev are expelling weaklings out and when mos of them are gone.. it'll surely fly when d div is approved..
As I had said earlier, a dividend of 10 cents will mean we are getting a 7% return with our investment which is much higher than FD in banks.....and at least better dividend income than some Reits like Sunway Reits [6.5%], Axis Reits [6.3%], CMMT Reits [6.1%], Pavilion Reit [5.0%].
Brother angkor, I feel there's more to come.....most of the research house had give it a nice & good TP.
Remember this CIMB research..UOA Development (UOAD MK; RM1.48, Buy) – At the apex of the triangle
UOA Development (UOAD MK; RM1.48) – BUY FY13P/E: 5.3x, P/BV: 1.0x UOA has been stuck in a sideways band since hitting a low of RM1.16 in September last year. This sideways movement appears to have formed a triangle pattern. MACD is just flat above the zero line while its RSI is holding above the 40pts mark. Both are at neutral level but above their respective support levels. Any more rallied into the said resistance band is a chance to sell. Aggressive traders may choose to go long here with a stop placed below RM1.42. Anything below would signal that the longer term bear trend has resumed. A breakout above RM1.52 would push prices to retest the RM1.56 and even the RM1.74 levels next.
It's a ok brother newb as no matter how small or big is your investment, the most important thing is to make money.....cheers brother newb , all the best to you too.
Bull Market to Continue Rest of Year says Byron Wien...
The bull market in stocks will continue the rest of the year despite the outsized gains already in the first quarter as more equity "disbelievers" are converted, the economy improves and more companies follow Apple's lead in paying a dividend, well-known Wall Street strategist Byron Wien says.
Byron says this too..."Estimates have been trimmed somewhat, but, at this point, I still think 1500 is likely." ...and the DJI had only cross the 1300 line just a few weeks back.
So maybe it will spread to our Bursa before the General Elections is announced?
If it's so, then almost all counters will rise & hopefully the time has come for UOADEV to show it's true worth with moving up to CIMB TP of $1.74 cents ++ & above...let's all hope for the best to come for this good solid fundamental counter.
So far a rise of 10 cents & most people take profit already but I see that there's more future for UOADEV.
Cheers to all & may we all see light at the end of the tunnel....good luck to all.
UOA Development - Unjustified depressed valuations Our visit and showroom tour with several investors reaffirmed our positive view on UOA Dev. Its 1Q new sales of over RM300m put the company firmly on the path to meet, if not exceed, its full-year target of RM1bn. Due to the depressed share price, UOA Dev’s valuations are among the cheapest in our property coverage. Its P/Es are the lowest while its dividend yields are the highest. We maintain our Trading Buy call and target basis of 30% discount to RNAV.
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....
chong
3,074 posts
Posted by chong > 2012-03-30 17:12 | Report Abuse
Today should be a good day for UOADEV but what to do when all kaisu & kiasi sell like there's no tomorrow......don't these k&k knows that a 10 cents dividend is coming soon or are they simply blind, hee, hee,hee