OUE

[addict951]

Who got OUE here?
This is a part-residential/part-hospitality/part-office-landlord counter.
Was $3+ last year one then died very badly somemore buanged to 1.9x just a few months ago.

Few months ago alrdy came out news say going to spin off an OUE REIT. Dun know if the current chiong could be the beginning of that just like ex-OPH/current-FEOrchard?

Anybuttie following/for this counter can share your comments on its TA? tq

 

[kebinu]

The chart is good.

Watchin it.

 

[addict951]

kebinu, are u waiting to enter or you just beo nia?

 

[addict951]

Any news on this counter??
sgx nothing leh
overnite burst 14c at open!

 

[addict951]

omg
bulldozing + big big vol
new 52-wk high 2.81!!!!

 

[addict951]

[SINGAPORE] A sale could be in the offing for the landmark Mandarin Orchard Singapore and the adjoining Mandarin Gallery which were valued at $1.18 billion and $520 million at the end of last year.

Owner Overseas Union Enterprise (OUE) is said to have been receiving interest from potential buyers particularly for the hotel for some time now and has maintained that it will sell the property if it receives a price too good to refuse.

Now, market talk is that OUE has given exclusivity to a potential buyer to perform due diligence. Some sources point to a US property fund manager - possibly Pramerica - teaming up with a Middle Eastern player, which some suggest could be Abu Dhabi Investment Authority.

In July, a fund linked to Pramerica Real Estate Investors (Asia) sold a half stake in nex mall here next to Serangoon MRT Station for $825 million. Pramerica Asia is the real estate investment management arm of Prudential Financial. The deal valued the mall at $1.65 billion, or about $2,679 per square foot (psf) based on the current net lettable area.

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[addict951]

OUE H at 11:06am

 

[ykeen]

MISCELLANEOUS

 

[kenpachi82]

addict got buy this counter after opening this thread?

 

[addict951]

addict got buy this counter after opening this thread?

I've been holding for a year lo
Collected several rds of CDs liao

 

[addict951]

Yet another stunning development at OUE!
OUE bids for F&N's hotel and serviced apt business!

 

[tekster]

u know what properties they are selling?

 

[lionelow]

Heard FNN shareholders reject them.

 

[SoulDealer]

I've been holding for a year lo
Collected several rds of CDs liao

sry for asking a noob question. How many times can a stock give out dividends ?

How much dividend for 1 lot of OUE each time?

 

[lzydata]

sry for asking a noob question. How many times can a stock give out dividends ?

How much dividend for 1 lot of OUE each time?

Please check SGX Corporate Action: Company Disclosure & Information | SGX

 

[kenpachi82]

this OUE really like to chut pattern..
first want to buy fnn property division, now want to team up with kirin buy everything... got such a big head to wear big hat bo?
anyidea whether this is positive or negative for price? usually aquirer is negative right?

 

[remy3413]

this OUE really like to chut pattern..
first want to buy fnn property division, now want to team up with kirin buy everything... got such a big head to wear big hat bo?
anyidea whether this is positive or negative for price? usually aquirer is negative right?

i read TODAY saying that if they sell their certain stake their property division, they can easily bid for the whole F&N themselves, but they wanna have partnership to hedge their risk. Besides, OUE is only interested in the property arms, they don't really want the drink business, so why not let kirin join in and both parties are happy

If OUE decides to purchase, the share price will be on negative view because usually the company is more incline to raise rights, take out a loan to fund the takeover, give less dividends or no dividends at all, all these small details investors will take note.

But on the long run, it will be good for OUE

OUE is owned by lippo malls btw

 

[SpinFire]

This whole M&A story started off with Heinekken, ThaiBev, FNN and APB. Now it's become APB-FNN-Kirin-ThaiBev-OUE. Really an exciting story, imagine the amount of business for the consultancy firms out there.

 

[doody_]

This whole M&A story started off with Heinekken, ThaiBev, FNN and APB. Now it's become APB-FNN-Kirin-ThaiBev-OUE. Really an exciting story, imagine the amount of business for the consultancy firms out there.

Banks all feeling happy too

 

[Android user]

Wah last post 2012? Today volume so high, break 100 wma