U14.SI - UOL Group Limited
| Previous close | 7.80 |
| Open | 7.77 |
| Bid | 7.87 x 0 |
| Ask | 7.89 x 0 |
| Day's range | 7.77 - 7.90 |
| 52-week range | 5.91 - 8.05 |
| Volume | 1617200 |
| Avg. volume | 926,588 |
| Market cap | 6.6B |
| Beta (3Y monthly) | 1.12 |
| PE ratio (TTM) | 13.61 |
| EPS (TTM) | 0.58 |
| Earnings date | 28 Feb 2019 - 2 Mar 2019 |
| Forward dividend & yield | 0.17 (2.26%) |
| Ex-dividend date | 2019-05-03 |
| 1y target est | 8.38 |
- Reuters
SE Asia Stocks-Most fall as China stands pat on lending rate; Singapore gains
* Markets had hoped Beijing would provide further monetary support * Indonesia rises ahead of cenbank policy meet on Oct 24 * Malaysia set to decline for a third consecutive session By Sameer Manekar Oct 21 (Reuters) - Most Southeast Asian stock markets dipped on Monday as China, the region's biggest trading partner, unexpectedly kept its benchmark lending rate unchanged, trimming hopes of further stimulus measures from the world's second-largest economy. The decision to keep the benchmark lending rate steady came just days after China reported its third-quarter gross domestic product growth cooling to a nearly 30-year low. "Market is getting in the frame of mind here that the People's Bank of China is not going to come riding in to the rescue," said Stephen Innes, market strategist at AxiTrader.
- The Edge Singapore
UOL posts 48% increase in 2Q earnings to $195 mil on higher fair value gains
SINGAPORE (Aug 8): UOL Group recorded a 48% jump in 2Q19 earnings to $195.4 million, compared to $131.9 million in 2Q18. This brings 1H19 earnings to $267.7 million, 29% higher than $207.2 million in 1H18. Revenue for 2Q19 was 20% lower at $512.3 million from $637.9 million a year ago, mainly due to lower progressive recognition of revenue from development projects, Principal Garden, The Clement Canopy and Botanique at Bartley which obtained TOP in Dec 2018, March and April respectively.
- The Edge Singapore
UOL-UIC JV wins in bid for residential site in Clementi
SINGAPORE (July 9): UOL Group and United Industrial Corporation (UIC) have jointly put in the winning bid of $491.3 million for the residential site located at Clementi Avenue 1.
- The Edge Singapore
UOL poised for greater growth with Marina Centre stake, says DBS
SINGAPORE (May 14): DBS Vickers Securities is maintaining its “buy” call on UOL Group with a target price of $8.53, which implies 0.8 times P/NAV and is pegged to a 35% discount to RNAV after taking into account the group’s higher valuation as well as stake in Marina Centre Holdings (MCH). In a Monday report, analyst Rachel Tan says she believes UOL – which is trading at 0.6 times P/NAV at the 10 May closing price of $7.26 – could potentially trade closer to its NAV as the group unlocks value from its commercial and hospitality assets going forward.This comes after UOL’s gaining of a 50% controlling stake in UIC to 50% and its recent purchase of a minority stake in MCH, which Tan believes positions UOL to gain from asset enhancement / redevelopment potential riding on the Singapore government’s plan to rejuvenate the central business district (CBD).“[With a minority stake in MCH], UOL now has control over a prime integrated development comprising a retail mall and three hotels fronting the Marina Bay area,” notes Tan.“According to the government incentive scheme, a residential component will have to be included in the redevelopment plans. Management sees this as a land banking opportunity in the medium-term. While management is positive of the opportunity to intensify the land site, management is mindful of potential costs involved including construction costs and development charges,” she adds.As at 11:22am, shares in UOL are trading 0.99% lower at $7.01 or 0.58 times FY19F book value.
