strange to be selling at this price. at $1.27, you are still getting 5.5% dividend yield if there is no buy over. If it does then the offer price must be attractive enough for UE to sell off it's 60%++ stake. So if you weigh the pros and cons, one should be buying and not selling
looks like something positive.....
UE E&C and UE inching up.........
http://infopub.sgx.com/FileOpen/UEEC_Q12...eID=296978
Didn't even know that UE E&C results out last night - typical characteristic of a construction company - cyclical earnings in the absence of property development income.
Trade sale in UE E&C probably off as well...
Halted since yesterday. Still no announcement yet. Should expect some news tomorrow.
vested
(02-10-2014, 10:25 PM)value seeker Wrote: [ -> ]Halted since yesterday. Still no announcement yet. Should expect some news tomorrow.
vested
maybe the discussions go into weekend. Monday then annc. Thats the usual pattern.