UNITED OVERSEAS AUSTRALIA LIMITED (UOS)



Welcome to InvestSMART

You are currently viewing our site as a guest, which gives you limited access to our site features. By signing up for a free membership, you will receive our Investment Opportunity newsletters and have access to additional features for finding and comparing managed funds and shares. Registration is fast and simple, so please:

Sign Up Today » it's FREE! Already a member? Login now!


General Information
Company Name: United Overseas Australia Limited
Stock Code: UOS
Website: www.uoa.com.my
GICS Sub-Industry: Diversified Real Estate Activities
Market Cap ($M): 535
Equiv. Shares (M): 1,070

Current Price Data+
Current Price Open High Low Last Close Volume Price Movement
 $ 0.500 $ 0.495 $ 0.500 $ 0.495 $ 0.495 78,744 $ 0.005  1.010 %

Company Overview

Business Description:
United Overseas Australia Limited (UOS) is a real estate development and management company focusing on development and resale of land and buildings, investment in the form of rental properties, and investment in the UOA Real Estate Investment Trust. The property development projects are mostly located in Kuala Lumpur, Malaysia.

Strategy Analysis:
UOS's business strategy is focused on property development for both resale and being retained by the group to derive rental income. The group focuses on developing land parcels into residential, office and commercial complexes, primarily in Malaysia. United Overseas Australia reported NPAT down 11.1% to $81.96m for the year ended 31 December 2012. Revenue from ordinary activities were $249.67m, up 29.35% from last year. Basic and Diluted EPS were 7.86 cents compared to 9.23 cents last year. Net operating cash flow was $103.58m compared to $208,000 last year. The final dividend declared was 2 cents, taking the full year dividend to 2.5 cents compared with 2 cents last year.


Financial Summary
Year to Dec NPAT EPS EPS chg (%) PER DPS Yield (%) Franking (%)
2012  A 82.0 7.9 -14.1 5.0 2.5 6.3 --
2011  A 92.2 9.2 -7.1 4.8 2.0 4.5 --
2010  A 93.7 9.9 191.2 2.9 2.0 7.0 --
Source: Aspect actuals / Thomson IBES estimates

Peer Comparison
EPS Growth (%) P/E (%) Dividend Yield (%)
Company Mkt Cap 2010 A 2011 F 2012 F 2010 A 2011 F 2012 F 2010 A 2011 F 2012 F
GPT Group (GPT) $7,216 M 0.6350 -0.2459 0.0381 12.2192 16.2033 15.6083 0.0473 0.0499 0.0516
Mirvac Group (MGR) $6,410 M -0.0702 0.0028 0.1051 16.3246 16.2791 14.7306 0.0480 0.0491 0.0534
Stockland (SGP) $8,524 M -0.0638 -0.2358 0.1071 13.2037 17.2768 15.6048 0.0620 0.0620 0.0620
United Overseas Australia (UOS) $530 M -0.1484 -- -- 6.2977 -- -- 0.0505 -- --
Westfield (WDC) $26,527 M -0.0223 0.1047 0.0640 20.0631 18.1613 17.0690 0.0409 0.0422 0.0445

Market Comparison
Earnings P/E Ratio P/B Ratio P/E Growth
UOS -- 6.36 0.77 --
Market 0.82 14.6 1.24 1.87
Sector 1.43 15.7 1.01 2.29

Directors
Name Position Start Date
Ms May Chee Kong Alternate Director (other) 01 August 2000
Mr Chong Soon Kong Chief Executive Officer,Executive Chairman 01 July 1989
Mr Alan Charles Winduss Company Secretary, Non-Executive Director 05 December 1990
Mr James Pak Lim Kong Executive Director 17 June 1987
Mr Teo Chee Seng Non-Executive Director (other) 11 June 2008

Management
Name Position
May Chee Kong Alternate Director to Chong Soon Kong
Chee Seng Teo Independent Director

Substantial Shareholders
Holding Name
91,659,038 (8.56%) Metrowana Development Sdn Bhd
65,942,483 (6.16%) Transmetro Corporation Sdn Bhd
64,001,187 (5.98%) The Central Depository (Pte) Limited
65,942,483 (6.16%) Macrolantic Technology Sdn Bhd
327,854,850 (30.63%) Griyajaya Sdn Bhd
132,794,924 (12.41%) Dream Legacy Sdn Bhd
76,676,049 (7.16%) Transmetro Sdn Bhd
65,942,497 (6.16%) Mahareno Sdn Bhd

Calendar of Events
Date Event
27 March 2014 Report (Annual)
26 February 2014 Report (Prelim)
29 August 2013 Report (Interim)
31 May 2013 Div Pay Date
29 May 2013 AGM
© 2011 Morningstar, Inc. All rights reserved. The data and content contained herein are not guaranteed to be accurate, complete or timely. Neither Morningstar, nor its affiliates nor their content providers will have any liability for use or distribution of any of this information. To the extent that any of the content above constitutes advice, it is general advice that has been prepared by Morningstar Australasia Pty Ltd ABN: 95 090 665 544, AFSL: 240892 (a subsidiary of Morningstar, Inc.), without reference to your objectives, financial situation or needs. Before acting on any advice, you should consider the appropriateness of the advice and we recommend you obtain financial, legal and taxation advice before making any financial investment decision. If applicable investors should obtain the relevant product disclosure statement and consider it before making any decision to invest. Some material is copyright and published under licence from ASX Operations Pty Limited ACN 004 523 782 ("ASXO"). DISCLOSURE: Employees may have an interest in the securities discussed in this report. Please refer to our Financial Services Guide (FSG) for more information at www.morningstar.com.au/fsg.asp.

Advertisement

Trade Shares Online from $19.95^
Free Guides

The SMH Guide to Trading Using Options and Minis

This guide to using options and MINIs to improve the results of your trading is for those with some experience in trading shares.

More details...

News

Consumer gloom spoils day for the big four

The Age 23/05/2013 | The local sharemarket closed lower for a second consecutive day, dragged down by the banks and a surprisingly poor consumer sentiment report.

Fairfax shareholders keen for news on Domain and paywalls

The Age 23/05/2013 | There is a great deal of anticipation for the investor day of Fairfax Media, owner of The Age and The Sydney Morning Herald.

RAMS offer sees shares on the rise

The Age 23/05/2013 | Non-bank lender Resimac has made a bid to acquire the remnants of mortgage firm RAMS in a joint proposal with former Babcock & Brown banker Trevor Loewensohn.

Myer all out to chase sales

The Age 23/05/2013 | Department store Myer will switch its focus from relentless cost-cutting to driving sales growth and grabbing a greater slice of the discretionary spend by shoppers.

Bureau signals end of boom in commodities

The Age 23/05/2013 | Australia's top commodities agency has detailed a year of woe for the local resources industry and joined the Reserve Bank in declaring the peak of investment in the sector.

Telstra to axe jobs in major shake-up

The Age 23/05/2013 | Significant job losses are expected at Telstra after the telco announced sweeping changes to its operational structure as it shifts away from its legacy business.

More...


Sponsored Links

Feedback Form