Friday, January 06, 2012

From The Edge Malaysia: UEM Land's Target Price Is ....

UEM Land's closing price yesterday was 2.28.

And then I saw this stange article from the EdgeMalaysia. It said HDBSVR sees upside for UEM Land and the TP is rm 2.30!

I went... huh????

UEM Land last traded at 2.28 woh...

TP at 2.30???

Is HDBSVR going bonkers??? Or is the EdgeMalaysia goofing up?

Here's the article:

  • HDBSVR sees upside for UEM Land, TP RM2.30
    Written by
    Friday, 06 January 2012 09:11

    KUALA LUMPUR (Jan 6): Hwang DBS Vickers Research (HDBSVR) sees the successful talks between the governments of Malaysia and Singapore as a strong boost to the prospects of Iskandar Malaysia.

    The research house said on Friday that Iskandar Malaysia is expected to reach its tipping point in 2012 following the completion of key catalyst developments and infrastructure improvements.

    The industrial cooperation work group may serve as a springboard for more investments from Singapore into Iskandar Malaysia which has received RM77.8 billion worth of committed investments as at Dec 2011.

    HDBSVR said UEM Land will be the largest beneficiary of improving Malaysia-Singapore ties given that it is the largest landowner in Iskandar Malaysia with 11,000 acres in Nusajaya.

    UEM Land is also the project manager for the M+S Pte Ltd developments (S$11bn) in Singapore. Assuming project management fee of 3% of GDV and a 50% share, it could boost UEM Land’s RNAV by an additional 1.3% or 5 sen/share.

    “Maintain Hold call for UEM Land with RM2.30 TP, based on 40% discount to RNAV of RM3.82,” it said.
Ahh... the last line.... “Maintain Hold call for UEM Land with RM2.30 TP, based on 40% discount to RNAV of RM3.82,”



    Moolah said...

    Ah Sam: Your comment is rejected.

    Look, don't use my blog to start your nonsensical attacks against Dali. If you do not like him or have anything against him, go post directly at his blog.

    If you have anything sensible to comment, I would be more willing to post it.

    Have you seen your doctor?

    What did he have to say about your blood pressure?

    Do take care.

    Moolah said...

    Also, it's a New Year.

    Don't you ever think of changing to be a better person?

    Look it's only stocks.

    Is it so important to tell the whole world that yours is better than everybody else?

    Try be a happier person Sam.

    It would be good for your blood pressure.

    Oh ... do remember ... Karma.

    Moolah said...

    It's ok Sam.

    It's your own blog and you can post whatever your heart wishes.

    And you can hate me for not letting you use me as a tool to attack Dali.

    Just hope that your heart is fine with what you are doing.

    Do take good care.

    alwayswin111 said...

    I love the way you handle this SAM DOG. It's such a pain and disgrace to have this type of person in our investing community.
    You handled him like a gentleman which I can hardly say of HIM.
    Continue writing all of you ....

    David Koay said...

    I think the title they forgot to put 'little' upside. haha..

    Moolah said...

    David: Lately, I feel that sensationalized news is a trend in our financial papers and it clearly showed in this piece of 'news' where the Edge obviously did not bother to check what the current price of UEM Land and neither did they take an effort to read what the research report was trying to say.

    Moolah said...

    alwayswin111: Essentially Sam wanted to use me and my blog to launch an attack on Dali.

    Blogs and investments aside, it's so sad to see a human trying to attempt such ludicrous act. In real life, if we don't like someone, do we get others to attack that someone we like? Rather a shameless act of cowardness, yes?

    Well, if he wants to hate me and attack me, for not attacking Dali, so be it. What else is new from him, yes?

    Rather sad. A brand new year and the same old meaningless Sam.

    Me? I think he suffers from high blood pressure. Always angry and always full of hate. I pray he gets well.