Dear Friends,
UOL is a good fundamental blue chip stock. Expensive but we think there is a good chance for an upside.
Now: $6.86
Target 1: $7.20-$7.30
Target 2: $7.45-$7.50
Stop loss: $6.47
As long as it stays above entry price, may hold mid to long term
Mid term - Long term play just like Semb corp
UOL
Group Limited, through its subsidiaries, engages in real estate,
retail, and hospitality businesses. The company operates and manages
hotels and resorts in Singapore, Australia, Vietnam, Malaysia, Myanmar,
the Peoples Republic of China, the United States, Canada, Japan,
Thailand, Indonesia, the Philippines, and India. It also operates
restaurants; and manages and operates health and beauty retreats and
facilities. In addition, UOL Group involves in the investment,
development, and management of various properties, including office,
commercial, and residential properties, as well as retail malls and
serviced apartments. The company was formerly known as United Overseas
Land Limited and changed its name to UOL Group Limited in May 2006. The
company was founded in 1963 and is based in Singapore, Singapore.