I have friends in KL and they said property investors in KL has been losing money for the past 10 years...
so they must had a big boom prior to that, i.e. from 1990 - 2010, which is what made UOS so successful...
this super long down cycle is still playing out, UOS has acquired land very cheap so they will always make money but right now, the liquidity in the KL market is quite poor and definitely not a good time to sell. Hence, they have adopted a hold and lease model, which is working OK but obviously low ROE....
I think when the next cycle comes, whatever the catalyst might be, no one knows, UOS will be flooded with Cash and will have to return them to SHs or do something with it.
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I have friends in KL and they said property investors in KL has...
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Last
55.0¢ |
Change
-0.003(0.45%) |
Mkt cap ! $183.4M |
Open | High | Low | Value | Volume |
55.0¢ | 55.0¢ | 55.0¢ | $19.95K | 36.28K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 63755 | 55.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
56.0¢ | 50000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 63755 | 0.550 |
1 | 5716 | 0.525 |
1 | 5770 | 0.520 |
1 | 5884 | 0.510 |
1 | 1000 | 0.500 |
Price($) | Vol. | No. |
---|---|---|
0.560 | 50000 | 1 |
0.565 | 50000 | 1 |
0.570 | 461482 | 3 |
0.575 | 50000 | 1 |
0.610 | 4134 | 1 |
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