UOL is one of Singapore property companies in Singapore. The properties that is under UOL in Singapore are as follow:
| Property | Tenure | Date Completed |
|---|---|---|
| Faber House | Freehold | 1973 |
| Odeon Towers | 999 Year Lease From 1827 | 1992/2003 |
| UOL Building | Freehold | 1975 |
| United Square | Freehold | 1982/2002 |
| Central Plaza | 99 Year Lease From 1991 | 1994 |
| Novena Square | 99 Year Lease From 1997 | 2000 |
| The Plaza | 99 Year Lease From 1968 | 1974/1979 |
| Plaza Parkroyal | 99 Year Lease From 1968 | 1971/1979 |
| New Park Hotel | Freehold | 1976/1981 |
| Grand Plaza Parkroyal | 99 Year Lease from 1993 | 1996 |
UOL has other properties and hotels, which are located oversea as well. For more information regarding these properties and hotels please refer to UOL website.
The share price of UOL range from S$1.22(Jan 2001) to around S$2.02(Dec 2004). Now it is trading at S$2.20.
| UOL | 2000 | 2001 | 2002 | 2003 | 2004 | 1Q05 |
|---|---|---|---|---|---|---|
| Turnover (M$) | 297.47 | 315.39 | 464.99 | 427.44 | 411.82 | 102.256 |
Margin (%) | 48.05 | 20.99 | 23.11 | 24.50 | 30.68 | NA |
| ROE (%) | 5.55 | 3.65 | 9.36 | 4.54 | 20.71 | NA |
| EPS ($) | 0.122 | 0.115 | 0.263 | 0.1278 | 0.507 | NA |
| Dividend ($) | 0.08 | 0.08 | 0.08 | 0.03 | 0.33 | NA |
Comments:
Based on UOL annual report, UOL's Singapore properties contribute almost 62% of the total turnover even throught it only constitute less than 50% of properties held by UOL and Singapore properties has highest asset value(almost 70%).
Disclaimer: The above information is for your pleasure reading only. USE THE INFORMATION AT YOUR OWN RISK
Disclaimer: The above information is for your pleasure reading only. USE THE INFORMATION AT YOUR OWN RISK
3 comments:
Something to add.
If you read their 2004 financial report you will see they reported a NAV of ~$2.40(b4 revaluation).
If you minus all the non-income generating assets its book value comes up to about $1.90.
I think its a good buy!
My action :
I will buy when it drops slightly this week. Preferably $2.10-$2.15.
Also in the AR, as part of divestment, they issued come coupons for UOB shares with a strike price of $15.3+ expiring in Sep 2005.Fully subscribed by instituitional and sophisticated investor. IF u are holding UOB perhaps a reason why u should just hold it a bit longer.
bought at 2.20
Hotel Plaza Limited (HPL) is a subsidiary of United Overseas Land Limited (UOL). It has announce it second quarter result. Extracted from the Report:
Compared to the corresponding period in 2004, the group revenue in the 2Q05 increased by $4.8 million or 8% to $63.6 million. For the six months ended 30 June 2005, the group made a net after tax profit of $17.4 million, an increase of $5.9 million or 51% as compared to $11.5 million in the corresponding period in 2004.
Comment: It can consider a positive news for UOL as Singapore properties contribute almost 62% of the group turnover in the last year. Hopefully, it will continue and contribute a higer turnover for UOL this year.
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