Thursday, July 24, 2014

UE E&C new trend coming?

Today while we saw ChipEngS and LianBeng moving higher, UE E&C is also moving up quietly, construction sector is strong!! This stock was spotted when we are screening for bullish Singapore stock to buy.We like this kind of trending stock which can give us the chance to ride a big trend. Will this buy signal let us ride a big trend this time?

Dividend Yield (Annual) (%)4.39
 Pay dividend once a year in May.
UE E&C Ltd. is an investment holding company. The Company is a provider of integrated building solutions in mechanical and electrical (M&E) engineering, construction, property development and others. The Company operates in three segments: Construction, Engineering and Building materials and equipment. The Construction segment is engaged in construction of residential, industrial and commercial buildings for both private and public sectors. The Engineering segment is engaged in providing a range of building engineering services encompassing mechanical and electrical engineering. The building materials and equipment segment provides rental of generators, transformers and air compressors, power packages, load testing systems and metal forms, and sales of used metal forms, industrial equipment and spare parts. In September 2013, UE E&C Ltd announced that it has s set up a 95%-owned subsidiary by the name of PT. UE Prima Nusantara (PTUEPN)
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