Busy guy!
Eugene will be pleased!

Wow, you know Miss Eugene ...well I too would like to bring her to tea or dinner too.

It's Mr. Eugene actually!

I can't believe UOADEV PE is 7.9 now. During IPO time, it was near SPSETIA's level.

1.4x should be good level to enter.

Yes, start collecting now as it been down by $1.15 cents I am confident it will go much higher with strong support from EPF, UOADEV Australia & UOADEV [malaysia]buying almost everyday.


So when EPF buy, you buy & you can never go wrong.


On prospects, I am confident it's much better stock than E&O shares. ...remember TP is between $2.85 to $3.25 according to various research houses.


Cheers to all....all the best.

This post has been edited by monkeyking: Aug 29 2011, 03:06 AM

You are true bro on UOADEV. It has hit the near rock bottom price. Good time to buy in at 1.4x. Thanks for sharing your research with us.

Good news, good news.....read below & start buying today or miss the chance....



Asian Stocks May Rebound as Bernanke Sounds More Confident Note

August 28, 2011, 12:06 AM EDT


By Jonathan Burgos

Aug. 28 (Bloomberg) -- Asian stocks, trading near the lowest valuations since December 2008, may rebound after Federal Reserve Chairman Ben S. Bernanke said the U.S. economy is recovering, albeit at a slower pace, and the central bank has additional means to shore up growth if appropriate.

The MSCI Asia Pacific Index last week snapped a four-week, 14 percent slump on speculation Bernanke would foreshadow extra stimulus policies during his Jackson Hole, Wyoming speech. The Standard & Poor’s 500 Index climbed 1.5 percent on Aug. 26, erasing losses of as much as 2 percent, as the Fed Chairman said growth will resume and decided to extend next month’s policy meeting to two days instead of one. Futures on Japan’s Nikkei 225 Stock Average rose 0.6 percent in Chicago.

“We should see a decent rebound.” said Nader Naeimi, a Sydney-based strategist for AMP Capital Investors Ltd., which manages almost $100 billion. “Bernanke sounded a lot more confident. The probability of some sort monetary easing coming out of that two-day meeting is high.” Naeimi said on Aug. 23 that there was a “real risk of disappointment” if Bernanke didn’t commit to supporting economic growth.

American depositary receipts of Kyocera Corp., a maker of solar panels that gets 17 percent of sales in the U.S., gained 0.5 percent from its closing price in Tokyo on Aug. 26. ADRs of BHP Billiton Ltd., the world’s largest mining company and Australia’s No. 1 oil producer, climbed 0.3 percent after copper and oil futures increased. Gains in U.S. trading were limited as the dollar fell against most major currencies.

‘More Optimistic’

The MSCI Asia Pacific Index tumbled 11 percent from June 30 through Aug 26 after the Federal Reserve ended its $600 billion bond-purchase program, known as quantitative easing or QE2, to boost the economy. Stocks have also fallen amid signs the U.S. economic recovery is stalling and Europe’s debt crisis is worsening.

“People aren’t prepared to pay too much today for tomorrow’s earnings given uncertainties at the moment,” Tim Schroeders, who helps manage $1 billion in equities at Pengana Capital Ltd. in Melbourne. “Against the backdraft of high unemployment rate and disappointing economic growth, Bernanke made the right move.”

While the slumping housing market and financial-market volatility still pose challenges for the economy, Bernanke said that his view of the long-term outlook is “more optimistic.” The central bank will hold a two-day policy meeting starting Sept. 20 to “allow a fuller discussion” of the slowing economy and the central bank’s possible policy response, he said.

Global Stocks Rout

Extending next month’s policy meeting to two days stoked speculation the extra time may allow Bernanke to forge a stronger consensus on monetary policy amid growing dissent in the Federal Open Market Committee. St. Louis Fed President James Bullard said adding a second day to the September meeting allows more time to review easing options, though rising inflation may prevent action in the near term.

A global stocks rout wiped out more than $8 trillion in market value in the four weeks through Aug. 19 amid signs Europe’s debt crisis will spread and as concern grew that two rounds of government asset purchases and record-low interest rates fail to entrench an economic recovery in the U.S.

The world’s biggest economy expanded less than previously estimated in the second quarter and consumer sentiment this month fell to the lowest level since November, government reports on Aug. 26 showed. That contrasted with a separate report two days earlier that showed durable-goods orders and home prices that beat economists’ estimates.

‘Depressed Valuations’

The MSCI Asia Pacific Index declined 13 percent this year through Aug. 26. Valuations on the gauge fell to an average 11.8 times estimated earnings on Aug. 22. That’s the lowest since December 2008 when equity markets tumbled as the global recession deepened amid a credit crunch that followed the collapse of Lehman Brothers Holdings Ltd. in September 2008.

“The data has been mixed,” said Ng Soo Nam, the Singapore-based chief investment officer at Nikko Asset Management Co., which oversees about $154 billion. “Bernanke hasn’t announced QE3 because there is no need for it at the moment. The situation isn’t as bad as the stock market has factored in. There is scope for a rebound given such depressed valuations.”

--Editors: Nick Gentle, Ven Ram


So you all still waiting fore durian to drop??....start buying & reap the rewards.

UOADEV go go gooooooooooooooooo

I'm already on boat @ 1.50. Good luck to us the UOADEV holders!

This post has been edited by andrewckj: Aug 29 2011, 09:36 AM

Good for you brother, you are buying at the rock bottom price......good luck to you.

Not always true. EPF also buying YTLPOWR a lot, then ppl who followed think they r gonna huat, then suddenly EPF made a U-turn and dump, dump, dump.

Well, I cannot force you as I leave you to decide.

May enter this counter !!!

Long term savings here

OT. EPF dumped alot of YTLPOWR recently, hence the sell down. But last time(2 years) when EPF keep accumulating YTLPOWR, the share price does rocket up. Best example is BIMB, up when EPF accumulating and selldown when EPF selling. The truth is EPF is our local shark..

So in the same way buy UOADEV...it's going to shoot sooner or later.

Out performing shares...

One correction... Not shoot , is FLY...

SHOOT to high but will drop because of gravity...

FLY will always maintain in the sky... Haha

Mr. CS kong is doing somethg here for raya

Acquiring and acquiring.....support & support.



Monday, 29 Aug 2011

12:54PM UOA HOLDINGS SDN BHD (1,358,100 Shares Acquired)
12:54PM UNITED OVERSEAS AUSTRALIA LIMITED (1,358,100 Shares Acquired)

It will be bump up in coming Friday or weeks...