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UniFiber

smartrader
Elite

27-Aug-2010 22:32

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Low risk stock with high upside when the storm is over...

$73.9 MILLION BUILDING CONTRACT FROM THE HOUSING AND DEVELOPMENT BOARD

Description

The Board of Directors of United Fiber System Limited (the "Company") is pleased to announce that Poh Lian Construction (Pte.) Ltd ("PLC"), a wholly owned subsidiary of the Company has been awarded a public housing development project by the Housing and Development Board (the "Project"). The Project comprises of 4 blocks of 15 storey residential buildings (Total: 528 units) with a multi storey carpark, commercial facilities, precinct pavillion and an electrical sub-station at Bukit Panjang Neighbourhood 4 contract 14.

The total contract sum of the Project is S$73.9 million. The overall contract period for the Project is 29 months commencing from 20 Spetember 2010 with multiple phases completion.

The Project is expected to contribute positively to the Group but is not expected to have any material impact on the Group's current year earnings. The current order book, including the Project is approximately S$ 623 million.

Save as disclosed above, none of the Directors, controlling shareholders or substantial shareholders of the Company has any interest, direct or indirect, in the above Project.

By Order of the Board
Hoshi Deboo
Acting Chief Executive Officer
27 August 2010

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YSL888
Senior

27-Aug-2010 20:06

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What's your indication for the 2 transactions summary?

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pharoah88
Supreme

27-Aug-2010 18:08

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Bid	Bid Vol	Ask Vol	Ask
0.045	68,848,000	39,669,000	0.050
0.040	18,784,000	16,243,000	0.055
0.035	2,420,000	8,818,000	0.060
0.005	303,000	3,373,000	0.065
--	--	990,000	0.070
--	--	850,000	0.075
--	--	270,000	0.080
--	--	110,000	0.085
--	--	1,794,000	0.090
--	--	270,000	0.095

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pharoah88
Supreme

27-Aug-2010 18:06

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Price	Trades	Volume	Sold to Buyer	Mid	Bought from Seller
0.045	24	3,405,000	3,405,000	0	0
0.048	1	1,000,000	0	1,000,000	0
0.050	41	11,630,000	0	0	11,630,000
TOTAL	66	16,035,000	3,405,000	1,000,000	11,630,000

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YSL888
Senior

27-Aug-2010 15:39

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Understand if falcon capital is to pump in $178million into undifiber, it will be ways by issuing more shares of undifiber. May i know if this is consider issue more shares hence diluting the price further? And is this investing of falcon consider like a reverse takeover (will falcon investment's make them a controlling share holder n what's impact on unifiber--postive or negative on share's price?

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smartrader
Elite

26-Aug-2010 22:30

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No sweat.. negotiation with Falcon Capital still ongoing...this is the key.. $37 mil credit line and viable business --- court will not allow it to be wound down...

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derekloh
Member

26-Aug-2010 13:29

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Yells: "Long neck goose"

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Fm the report, although china side start the suit case in the pursuit of debt payment, Unifiber looks confident in winning the case of contract payment arrangement. And both meeting at singapore high court next month will produce result; there we shall see!!

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ianong
Member

26-Aug-2010 08:22

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In indeed, it's demand for PAYMENT! Again!

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smartrader
Elite

25-Aug-2010 21:22

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not the end of world....stay calm..

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derekloh
Member

25-Aug-2010 20:03

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Yells: "Long neck goose"

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Already halt for 3 trading days already, sign...... Tomorrow if still not lift, then SGX will takeover as suspension!

(my personal view)-- Normally, a stock has good news n halt will be only a day or so. This is to be worrying what bad news will coming.

Remember, the last halt is similar which happen not long ago (also halt 3 full trading days); it turn out to be creditor pursing payments.

Hope Falcon capital not going to withdraw its $$$million investing plan!!

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happylee
Member

25-Aug-2010 15:06

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Any news?

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smartrader
Elite

23-Aug-2010 23:08

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this halt is crucial concerning falcon capital's deal..

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cooleye72
Member

23-Aug-2010 22:30

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he just an acting ceo nia . can't imagine if he is a ceo haha

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pharoah88
Supreme

23-Aug-2010 10:29

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CEO is a HALTER ?

dO nOthIng bUt HALTING ? ? ? ?

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cooleye72
Member

23-Aug-2010 10:20

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today halt again..

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derekloh
Member

19-Aug-2010 22:20

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just another strings of loan repayment by ordinary shares to creditor.

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gamblingden
Member

19-Aug-2010 14:23

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high volume..what is the news?...... Smiley

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derekloh
Member

30-Jul-2010 09:35

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Even undifiber management worry shareholder react by selling (sgx--co accouncement by their acting ceo)

Going to be stuck in this share for very long liao..............

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blueprintmedia00
Member

29-Jul-2010 09:05

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Time	Last	Vol
08:59:02	0.045	1595000

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riksnake
Member

28-Jul-2010 23:30

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You said it!! why let the noise blind your vision... Beside Technical,, we need to know the fundamentals too...

It is too need the bottom and suitable for long term traders to consolidate more...

smartrader ( Date: 28-Jul-2010 21:30) Posted:

stay calm..viable business won't go down so easily...

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