by winston » Thu Mar 09, 2017 8:26 am
not vested
United Engineers has been given a “hold” recommendation at a target price of $2.75 as the stock is trading at only 5% discount to book ($3.07) and 15% discount to RNAV ($3.50).
The group is in the midst of evaluating non-binding expressions of interests over its stakes in the company.
At the same time, UOB notes that according to a Bloomberg report, KKR & Co and Malaysian conglomerate Samling Group are among the suitors shortlisted in the bidding.
Source: UOBKH
It's all about "how much you made when you were right" & "how little you lost when you were wrong"