(Stocks Discussion) SGX: UOB-Kay Hian Holdings Ltd (SGX: U10)?

UOB Kay Hian Business stock broking business is not just in Singapore but also Asean countries of Thailand etc. While Singapore business is declining, the other coutnries' business is holding up resulting in flat revenue.

Cashflow wise, the company has been producing very strong cashflow year on year sustaining its dividends. The company has also been buying back its own shares. The end game in my opnion is that UOB Kay Hian will be privatised and delisted from SGX. This will concide with the passing on with Wee Chow Yao, he has been capable of managing a multiude of lsited companies; however I dont see any of the younger genreation of Wee family being able to manage such a complex web of companies. He will eventually delist the non-core assets to help them manage it better, in recent times we have already starting see some of the smaller UOB linked companies being delisted from SGX

The stock brokering industry is facing a lot of challenges with price pressures.

I wouldn't consider this because the business model is uncertain.