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0.00% 56.5¢ united overseas australia limited

I agree that it is great to see them buy all this land. Re:...

  1. maxillion
    17 Posts.
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    01/03/15
    19:35
    Post #: 14840345
    I agree that it is great to see them buy all this land.

    Re: attractiveness of the price, I think this article may shed some light on the issue. If that land bought from Concord was the 10 acre plot mentioned in the article, than per acre UOA paid RM9.2m for the first 18 acres in 2011 and RM13.4m for these 10 acres from Concord in Dec 2014. This RM13.4m sounds to be about the market value if you have a look at prices listed here.
    UOS Price at posting: 50.0¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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