United Engineers

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I already tried my best... if only we can find free sites...

Inputs appreciated...

GG

(15-11-2014, 05:53 PM)CityFarmer Wrote: The updating posts from SPH requires effort and time, I appreciate the GG's initiative, but I am starting to doubt the effectiveness of similar posts. The article is ended abruptly, and without a link to refer further. Even with a link, but it might be useless for non-subscriber of SPH

May be GG should try to post the update from other free site. Any comment?

Regards
Moderator

(15-11-2014, 08:20 AM)greengiraffe Wrote: Higher revenue and gross margin boost United Engineers' Q3 bottom line
By
Michelle Quahmichquah@sph.com.sg@MichelleQuahBT
15 Nov5:50 AM
Singapore

UNITED Engineers reported a 7 per cent increase in third-quarter revenue, thanks to progressive revenue recognition of the sale of its Eight Riversuites condominium development.

Its topline rose to S$786.3 million for the three months ended Sept 30, 2014, from S$732
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The updates doesn't seem effective, with the limitation of SPH site. I reckon SPH wants readers to pay for the articles, by imposing the limitations.

A suggestion, unless we can find an effective means to update, we might not want to waste the effort and time to do it, right?

How about CNA, Today sites? Any comment from other?

Regards
Moderator

(15-11-2014, 05:59 PM)greengiraffe Wrote: I already tried my best... if only we can find free sites...

Inputs appreciated...

GG

(15-11-2014, 05:53 PM)CityFarmer Wrote: The updating posts from SPH requires effort and time, I appreciate the GG's initiative, but I am starting to doubt the effectiveness of similar posts. The article is ended abruptly, and without a link to refer further. Even with a link, but it might be useless for non-subscriber of SPH

May be GG should try to post the update from other free site. Any comment?

Regards
Moderator

(15-11-2014, 08:20 AM)greengiraffe Wrote: Higher revenue and gross margin boost United Engineers' Q3 bottom line
By
Michelle Quahmichquah@sph.com.sg@MichelleQuahBT
15 Nov5:50 AM
Singapore

UNITED Engineers reported a 7 per cent increase in third-quarter revenue, thanks to progressive revenue recognition of the sale of its Eight Riversuites condominium development.

Its topline rose to S$786.3 million for the three months ended Sept 30, 2014, from S$732
“夏则资皮,冬则资纱,旱则资船,水则资车” - 范蠡
Reply
Hi CF,

Noted then... my intentions is to provide a posting that leads to awareness and hopefully more value added postings from other buddies via their in depth analysis.

GG

(15-11-2014, 06:12 PM)CityFarmer Wrote: The updates doesn't seem effective, with the limitation of SPH site. I reckon SPH wants readers to pay for the articles, by imposing the limitations.

A suggestion, unless we can find an effective means to update, we might not want to waste the effort and time to do it, right?

How about CNA, Today sites? Any comment from other?

Regards
Moderator

(15-11-2014, 05:59 PM)greengiraffe Wrote: I already tried my best... if only we can find free sites...

Inputs appreciated...

GG

(15-11-2014, 05:53 PM)CityFarmer Wrote: The updating posts from SPH requires effort and time, I appreciate the GG's initiative, but I am starting to doubt the effectiveness of similar posts. The article is ended abruptly, and without a link to refer further. Even with a link, but it might be useless for non-subscriber of SPH

May be GG should try to post the update from other free site. Any comment?

Regards
Moderator

(15-11-2014, 08:20 AM)greengiraffe Wrote: Higher revenue and gross margin boost United Engineers' Q3 bottom line
By
Michelle Quahmichquah@sph.com.sg@MichelleQuahBT
15 Nov5:50 AM
Singapore

UNITED Engineers reported a 7 per cent increase in third-quarter revenue, thanks to progressive revenue recognition of the sale of its Eight Riversuites condominium development.

Its topline rose to S$786.3 million for the three months ended Sept 30, 2014, from S$732
Reply
Your intention is well-understood, and appreciated.

Let's put our effort and time in a better use, rather than giving SPH a free advert here Big Grin

Thanks

(15-11-2014, 06:16 PM)greengiraffe Wrote: Hi CF,

Noted then... my intentions is to provide a posting that leads to awareness and hopefully more value added postings from other buddies via their in depth analysis.

GG
“夏则资皮,冬则资纱,旱则资船,水则资车” - 范蠡
Reply
(15-11-2014, 08:49 PM)CityFarmer Wrote: Your intention is well-understood, and appreciated.

Let's put our effort and time in a better use, rather than giving SPH a free advert here Big Grin

Thanks

(15-11-2014, 06:16 PM)greengiraffe Wrote: Hi CF,

Noted then... my intentions is to provide a posting that leads to awareness and hopefully more value added postings from other buddies via their in depth analysis.

GG
Hi CF,

Many thanks to GG, newer VBs like me have benefitted from this information loading and push me to actually piece them up together and analyse. It has created a good awareness of the happenings around us.

Do pardon SPH for wanting to leverage on their only resource - information to thrive. Hopefully, our buddies can also do their part to look around for good info streams to complement what we have currently.

Thank you again to CF and other moderators for creating this very informative forum source for our buddies.
Reply
United Engineers' Eight Riversuites project had reached 90% sold status already... 776/862 units are sold... 16units were sold in october alone...1 of my friend bought one...i tell him thanks for his support..lol
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For reading interest - not vested


UEL could be the kingmaker

Cover Story: Rift in Lysaght family
http://www.theedgemarkets.com/my/article...ght-family
You can find more of my postings in http://investideas.net/forum/
Reply
Finally It's starting...

http://www.bangkokpost.com/business/news...-engineers

SINGAPORE – Thailand’s richest man Charoen Sirivadhanabhakdi is poised to start examining the finances of United Engineers Ltd, people with knowledge of the matter said, laying the groundwork for a potential acquisition of the Singapore property and construction company.

Mr Charoen's TCC Top Enterprise Ltd plans to begin due diligence on United Engineers and its WBL Corp unit next week, the people said, asking not to be named as the process is private. Exclusive talks with minority shareholder Oversea-Chinese Banking Corp and its insurance arm will expire six weeks after due diligence starts, according to an August filing.

Billionaire Charoen Sirivadhanabhakdi, chairman of Thai Beverage Pcl, speaks with guests as he attends a charity event in Bangkok Wednesday. (Bloomberg photo)

OCBC, its Great Eastern Holdings Ltd unit and the bank's founding Lee family own a combined 34.1% stake in United Engineers, according to a filing in August last year. Under Singapore rules, buying more than 30% would trigger a mandatory takeover offer for United Engineers, which has a market capitalization of S$1.83 billion ($1.4 billion).

Representatives for TCC, OCBC and United Engineers declined to comment or weren't immediately available.

Shares in United Engineers have jumped 26 percent since Aug. 21, when news broke about Mr Charoen's talks to buy OCBC's stake in the company. They have traded at an average S$2.84 since Aug. 22, the day after OCBC disclosed the discussions.

United Engineers has been divesting assets after buying Singapore-based builder WBL Corp last year for $725 million including debt. It reached a deal in October to sell a majority stake in an engineering and construction business, UE E&C Ltd, for S$230 million. In August, United Engineers agreed to sell its car-dealership unit to Malaysia's Samling Group for S$455 million and its MFS Technology business for S$124 million.
Reply
My speculative bet... $3.25 but it may not trigger a GO...

(10-12-2014, 12:26 PM)toiletsiao Wrote: Finally It's starting...

http://www.bangkokpost.com/business/news...-engineers

SINGAPORE – Thailand’s richest man Charoen Sirivadhanabhakdi is poised to start examining the finances of United Engineers Ltd, people with knowledge of the matter said, laying the groundwork for a potential acquisition of the Singapore property and construction company.

Mr Charoen's TCC Top Enterprise Ltd plans to begin due diligence on United Engineers and its WBL Corp unit next week, the people said, asking not to be named as the process is private. Exclusive talks with minority shareholder Oversea-Chinese Banking Corp and its insurance arm will expire six weeks after due diligence starts, according to an August filing.

Billionaire Charoen Sirivadhanabhakdi, chairman of Thai Beverage Pcl, speaks with guests as he attends a charity event in Bangkok Wednesday. (Bloomberg photo)

OCBC, its Great Eastern Holdings Ltd unit and the bank's founding Lee family own a combined 34.1% stake in United Engineers, according to a filing in August last year. Under Singapore rules, buying more than 30% would trigger a mandatory takeover offer for United Engineers, which has a market capitalization of S$1.83 billion ($1.4 billion).

Representatives for TCC, OCBC and United Engineers declined to comment or weren't immediately available.

Shares in United Engineers have jumped 26 percent since Aug. 21, when news broke about Mr Charoen's talks to buy OCBC's stake in the company. They have traded at an average S$2.84 since Aug. 22, the day after OCBC disclosed the discussions.

United Engineers has been divesting assets after buying Singapore-based builder WBL Corp last year for $725 million including debt. It reached a deal in October to sell a majority stake in an engineering and construction business, UE E&C Ltd, for S$230 million. In August, United Engineers agreed to sell its car-dealership unit to Malaysia's Samling Group for S$455 million and its MFS Technology business for S$124 million.
Reply
The wild card that could trigger takeover will be lee rubbers stake... Ocbc + GE stake alone will not be enuff

(10-12-2014, 05:57 PM)greengiraffe Wrote: My speculative bet... $3.25 but it may not trigger a GO...

(10-12-2014, 12:26 PM)toiletsiao Wrote: Finally It's starting...

http://www.bangkokpost.com/business/news...-engineers

SINGAPORE – Thailand’s richest man Charoen Sirivadhanabhakdi is poised to start examining the finances of United Engineers Ltd, people with knowledge of the matter said, laying the groundwork for a potential acquisition of the Singapore property and construction company.

Mr Charoen's TCC Top Enterprise Ltd plans to begin due diligence on United Engineers and its WBL Corp unit next week, the people said, asking not to be named as the process is private. Exclusive talks with minority shareholder Oversea-Chinese Banking Corp and its insurance arm will expire six weeks after due diligence starts, according to an August filing.

Billionaire Charoen Sirivadhanabhakdi, chairman of Thai Beverage Pcl, speaks with guests as he attends a charity event in Bangkok Wednesday. (Bloomberg photo)

OCBC, its Great Eastern Holdings Ltd unit and the bank's founding Lee family own a combined 34.1% stake in United Engineers, according to a filing in August last year. Under Singapore rules, buying more than 30% would trigger a mandatory takeover offer for United Engineers, which has a market capitalization of S$1.83 billion ($1.4 billion).

Representatives for TCC, OCBC and United Engineers declined to comment or weren't immediately available.

Shares in United Engineers have jumped 26 percent since Aug. 21, when news broke about Mr Charoen's talks to buy OCBC's stake in the company. They have traded at an average S$2.84 since Aug. 22, the day after OCBC disclosed the discussions.

United Engineers has been divesting assets after buying Singapore-based builder WBL Corp last year for $725 million including debt. It reached a deal in October to sell a majority stake in an engineering and construction business, UE E&C Ltd, for S$230 million. In August, United Engineers agreed to sell its car-dealership unit to Malaysia's Samling Group for S$455 million and its MFS Technology business for S$124 million.
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