I have been holding onto UOB Kay Hian (U10) for a while now, attracted by its steady and respectable dividend yield, low price-to-earnings ratio, and the recent growth in earnings since FY2023. Additionally, MAS’s initiatives to boost trading activity in Singapore’s stock market could further support its growth.
On 5 June, I shared a post on InvestingNote when UOBKH
closed at $1.88 — up 4.44% — breaking through a key resistance level. Based on
my technical analysis, I projected it could rise to $2.05.
Daily chart of UOBKH on 5 June 2025
The very next day, on 6 June, the stock surged another 5.32% to reach an intraday high — and closing price — of $1.98, moving steadily closer to my target.
The angbao came early this year with my successful and sizable investments in UOBKH, Sichuan Express (HK.107), JBM Healthcare (HK.2161) and Japfa.
Superphang
http://superphang.blogspot.sg
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