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UOL Group
M&A
UOL builds up stake in UIC to 49.8%
SINGAPORE (Nov 20): UOL Group has increased its stake in United Industrial Corporation (UIC) to 49.78% or roughly 712.9 million shares.
November 20, 2017
Broker's Calls
3 property developers to 'buy' amid rising real estate opportunities
SINGAPORE (Nov 17): Maybank Kim Eng Research remains positive on the Singapore real estate sector, even as its stock prices have rallied strongly, climbing close to 30% so far this year.
November 17, 2017
Broker's Calls
UOL assets marked up on UIC consolidation after a strong but 'unsurprising' 3Q
SINGAPORE (Nov 13): OCBC Investment Research and Maybank Kim Eng are maintaining their “buy” calls on property developer UOL Group with higher target prices of $9.70 and $9.85 respectively.
November 13, 2017
Results
UOL's 3Q earnings up sevenfold to $618.1 mil on higher revenue
SINGAPORE (Nov 9): UOL Group reported 3Q17 earnings increased sevenfold to $618.1 million compared to $87.1 million in 3Q16.
November 09, 2017
Broker's Calls
UOL Group inching up stake in UIC
SINGAPORE (Nov 8): DBS is reiterating its “buy” call on UOL Group following the group’s purchase of additional shares in property group, United Industrial Corporation (UIC).
November 08, 2017
Broker's Calls
6 stocks that could ride on the recovering economy
SINGAPORE (Sept 28): Singapore’s economy is on the road to recovery, led by improvements in the tech-related manufacturing industry, according to Maybank Kim Eng Research.
September 28, 2017
Increased DC rates reduce profitability for recent en bloc transactions
SINGAPORE (Sept 12): The Singapore government in September raised the development charge (DC) rates for non-landed residential by 18.8% on average due to the euphoria seen in land transactions, according to DBS.
September 12, 2017
Broker's Calls
Switch out of Frasers Centrepoint Limited to this undervalued stock, recommends Lim & Tan
SINGAPORE (Sept 12): Lim & Tan Securities is recommending that investors switch from Frasers Centrepoint Limited (FCL) to UOL Group, given the latter’s cheaper price-to-book valuation (PB/V) of 0.78 times.
September 12, 2017
Simulation model projects loss of 37% if war breaks out
(Sept 11): In the wake of destruction wrought by Hurricane Harvey in Texas, the US is set for another storm. Hurricane Irma, which is said to be one of the most powerful Atlantic hurricanes ever, is expected to hit Florida this weekend. At the same time,
September 08, 2017
Portfolio turns in mostly positive earnings surprises in last quarter
(Sept 4): Our Singapore Market Portfolio rose 0.67% over the week from Aug 22 to 29, against a 0.44% fall in the Straits Times Index. Now that all the companies in our portfolio have reported their earnings for the quarter to June, we have decided to revi
August 31, 2017