No matter how much they bought, there are still so many sellers outside...cannot finish selling....really damn lousy counter....called the UOA Careline..they dun even have an Investor Relation department for people to ask about their company outlook and how it will impact the share price..and why is the share price worth like a Disposable After Used Toilet Paper...It will take a long long time to even climb up to RM2.00...where most of the people are caught since IPO....

Just be patient my friend as it already had hit rock bottom at $1.40 & now maybe it's time to go higher.



Now read this please...


CIMB Research

What sets UOA Dev apart from its rivals is its wide gross margin of around 50%, which puts it well ahead of many sizeable established developers and will help this highly profitable developer to nearly triple its core net profit in FY12. In view of its relatively small land bank but consistent track record for land banking and earnings expansion, we are valuing it on P/E basis, similar to other quick turnaround companies. We begin coverage with a target price of RM3.25 based on 13.1x FY12 P/E or a 10% discount to our target market P/E of 14.5x. UOA Dev’s poor share price performance since its listing gives investors a chance to accumulate the stock on the cheap. Investors’ realisation of the strong core earnings growth in FY11-13 could spark a re-rating, along with robust sales or more land banking.


Hope this helps to ease your mind brother.


Cheers.

Don't worry, it will, it will...TP is $2.89 TO $3.25


Cheers brother...enjoy your holidays but do drive with care too.

As long as there is company buy back & strong support by UOADEV Australia & UOADEV Malaysia including EPF, we are in safe hands....just a matter of time that investors take notice of it just like I do. ...so here I am investing & buying at $1.40+ & hoping to make some really good money.

Please remember this counter had hit rock bottom at $1.40......and now perhaps on it's way up. Mind you this company is making a profit margin of 50% on each of it's project which is very much higher compare to other properties listed companies. So bigger margin means bigger profit & thus shareholders will take a share too.


Cheers & good luck to all too.

This post has been edited by monkeyking: Aug 30 2011, 01:32 AM

It's a pity that today is a holiday otherwise UOADEV will shoot by another 5 cents or so as Asian market moves up by 1% to 2%....hopefully we will see this counter move up by Friday.

deleted

This post has been edited by SKY 1809: Aug 30 2011, 01:41 PM

Get your tickets now for the super boat ride.

Well as of 2am DJ is still holding strong & we could be heading towards positive territory.


Markets also got a boost from a decision by German Chancellor Angela Merkel and her cabinet to approve changes to the latest European rescue fund and send it to parliament for ratification. The amendments to

the European Financial Stability Facility are seen as a key measure in staving off disaster in the eurozone's debt crisis, which has roiled global financial markets over the past month.



So UOADEV should move very much higher now to it's original level.



Cheers & all the best to all too.

MARKET OFF TODAY!! DONT EXPECT TOO MUCH !!

I expect this counter to shoot to 1.5x to 1-6x by this friday. let's huat

uoadev gogogo

hopefully...but still got plenty of seller to clear...big sharks not buying..definitely won't go up...

Don't be so pessimistic as the moment the sharks move in, you will be left behind & chasing breathlessly......mind you it's price is at the bottom now,a minus of more than $1.10 cents.

Some old news for UOADEV shareholders......


UOA has projects with GDV of RM10b in hand

KUALA LUMPUR: Soon-to-be-listed property developer UOA Development Bhd has projects in hand with a gross development value of some RM10 billion, of which about RM2 billion is under construction.



UOA is best known for its flagship Bangsar South City mixed development in Kuala Lumpur, which it intends to complete over the next 10 years.

Further work on Bangsar South will account for the bulk of the company's project value in hand, chief operating officer David Khor said.

"Bangsar South will be our main so-called cornerstone development. The rest of the projects we hope to turn over within a short period of three years or less," he told reporters after the launch of the company's prospectus yesterday.

UOA Development's main focus going forward will continue to be in the Klang Valley, although it has explored prospects of expanding its business overseas.

"At the moment, the focus is still within the country. Overseas, not so soon," chairman Tan Sri Alwi Jantan remarked.

According to its prospectus, the company is evaluating prospects in high-growth markets like Vietnam, Singapore and Australia.

It is familiar with property market conditions in the latter two markets, given that its parent UOA Ltd has a primary listing on the Australian Stock Exchange and a secondary one on the Singapore Stock Exchange.

UOA made a net profit of RM285.8 million last year on the back of a RM375.2 million revenue.

This year, about 60 per cent of the company's revenue will come from its commercial projects while the rest would come from its residential projects.

The mix is, however, set to change in 2013, when 70 per cent of the total revenue is anticipated to come from residential projects, Khor said.

"I think from next year onwards, you'll see that residential will contribute the majority of our revenue," he said.

It is targeting to have a dividend payout ratio of between 30 per cent and 50 per cent, starting from this financial year.

UOA, which will tentatively be listed on Bursa Malaysia's Main Market on June 8, is offering 407 million shares to local and foreign institutional investors, as well as Malaysian retail investors.

The retail portion of 70 million shares will be priced at the lower of RM2.90 a share or at a 3 per cent discount to the institutional price, which will be determined by way of bookbuilding.

Assuming a retail price of RM2.90, it will raise about RM1.2 billion and have a market capitalisation of RM3.47 billion.

The Employees Provident Fund, as the sole cornerstone investor, has agreed to acquire up to 5 per cent of the company's enlarged issued and paid-up capital at the institutional price.

Latest news......buy & trade with confidence......why....this....


Oil hovers below $89 amid global stock rally



Oil hovers below $89 amid global stock rally

By ALEX KENNEDY, Associated Press

SINGAPORE (AP) — Oil prices hovered below $89 a barrel Thursday in Asia amid a global stock market rally that has boosted crude trader optimism the U.S. may avoid a recession.

Benchmark oil for October delivery was up 12 cents to $88.93 at mid-afternoon Singapore time in electronic trading on the New York Mercantile Exchange. Crude fell 9 cents to settle at $88.81 on Wednesday.

In London, Brent crude for October delivery was up 10 cents at $114.95 on the ICE Futures exchange.

Crude has risen 17 percent from August 9 amid a growing consensus that the U.S. economy will see weak growth, but not contract, in the second half.

Oil traders often look to equities as a barometer of overall investor sentiment, and the Dow Jones industrial average has risen four consecutive days.

Asian stock markets gained Thursday after China said manufacturing increased in August. HSBC's purchasing managers' index rose for the first time in three months while a survey by an industry group also showed activity expanded slightly.

"Despite the weak signs of recovery here in the U.S., oil supply remains tight globally," energy traders and consultant Blue Ocean Brokerage said in a report.

Some analysts are concerned a struggling U.S. economy will undermine crude demand.

Crude supplies increased by 5.3 million barrels last week, the Energy Department's Energy Information Administration said in its weekly report. Analysts expected oil supplies to decline by 1.2 million barrels, according to Platts, the energy information arm of McGraw-Hill Cos.

"A continued highly vulnerable macroeconomic environment still leaves open the possibility of a sharp and fast price plunge capable of negating the recent price upswing in matter of a couple of sessions," Ritterbusch and Associates said in a report.

In other Nymex trading for October contracts, heating oil added 0.2 cent to $3.09 per gallon and gasoline futures was steady at $2.88 per gallon. Natural gas for October delivery held at $4.06 per 1,000 cubic feet.

Openning Target Price for Friday: RM0.90?...can queue at RM0.80...

of course no body hope it will drop..but many desperate cut loss kaki out there..they will sell cheap...

This post has been edited by changshen: Sep 1 2011, 11:54 PM

Brother changshen, you & your big bad stupid mouth....you ever talk any sense, you think the price will drop from present $1.49 to 80 or 90 cents....are you stupid or are we to believe you are.?


I will take a bet with you today that it will open at $1.50++, pleazse don't simply shout here without any proof & backup or evidence......if you need to then go to investlah & that's where they have people who shout like you. ....yes, at investlah we can find plenty of conman who spreads very negative news for a kill.

This post has been edited by monkeyking: Sep 2 2011, 12:55 AM

Let's celebrate today at the Bursa which I presume will open & end in GREEN.









Come on, let your hair down & dance.

This post has been edited by monkeyking: Sep 2 2011, 02:44 AM

Impossible to open at 90 cents, if it ever open 90 cents, I promise to pawn everything, sell house, sell car up to my underwear to buy it. 90 cents for UOADEV on this Friday, not in my wildest dream unless Bangsar South and Menara UOA got hit by a major asteroid, otherwise, it is impossible..

Go UOADEV go go goooooooooooooooooooooooooooo