United Engineers - Next boost from UE BizHub East

Date: 
2012-08-13
Firm: 
CIMB
Stock: 
U04
Price Target: 
2.78
Price Call: 
BUY
Last Price: 
Upside/Downside: 
+2.78 (∞%)
Target S$2.78 (Long Term: Out Perform)

1H12 felt the absence of development profits, which is an accounting issue as the 94%-sold Austville Residences will be recognised in 2014 on completion. Rental revenues continued to see a boost from mixed developments, with UE BizHub East obtaining TOP in 2Q12.


Discussions
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NavinShah

THIS STOCK IS BATU(STONE) IT NEVER MOVE, CONTROL BY OCBC GROUP OF COMPANIES. VERY CONSERVATIVE.

2012-08-15 13:15

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