Monday 15 July 2013

Singapore Stock Tip: UOL target set at $7.20-$7.30

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
Business Summary 
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 People’s 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.

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