OUE Limited (SGX-ST: OUE) is a diversified real estate owner, developer and operator with a real estate portfolio located in prime locations in Asia and United States. OUE consistently grows its business by leveraging its brands and proven expertise in developing and managing landmark assets across the commercial, hospitality, retail and residential sectors primarily in Singapore. With its core strategy of investing in and enhancing a stable of distinctive properties, OUE is committed to developing a portfolio that has a strong recurrent income base, balanced with development profits, to enhance long-term shareholder value. OUE is the sponsor of OUE Hospitality Trust and OUE Commercial Real Estate Investment Trust.
NAV - $4.33
EPS - estimate about 10 cents.
current price of 1.515 . PE about 15x.
Dividend - about 2-3 cents.
OUE at current price of 1.515 seems rather undervalue as compare to its NAV of $4.33 . For every 0.34 cents per share you are getting $1.00 value of the company assets value which is very good price to own.
The company profit is not much but at least it is still profitable and also paying out dividend regularly. Current price seem to be at the rock bottom price from TA point of view.
Although the current trend is still bearish/downtrend .
RSI is showing sign of a positive divergence which may provide further indication that the share price may continue to trend higher.
I think the current price weakness could be a good options for those that are looking at value investing .
(trade base on your own decision)
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