In my previous post on this stock, UE E&C stock which is known as United Engineers Engineering and Construction stock, I have told you readers that I have increased my stake in this stock; you can refer to that earlier post for more details such as my motivation of buying this stock. But if you are busy like many busy Singaporeans, I will just let you know that this stock attracted my buying interest as with a proposed dividends of seven-cents per share and a possible attractive exit-offer, the dividend pay-out rate works out to around five-percentage. That was when my buying price was around $1.20++.
I took a look at the technical of UE E&C stock yesterday night and saw a “Doji” and hence I initiated a sell today. I sold UE E&C stock today at $1.45. UE E&C stock could go possibly higher but enough is ......