Uni-Asia   

Shipping Boom (& Profits) for UniAsia

Well, he added another 80k shares today @ $1.12

Executive Chairman signalling his confidence by putting his personal money into the company - $313k in two days.

Compared to other loss-making listed companies, happy to ride this generous dividend value play along with him! 

des_khor      ( Date: 15-Aug-2022 20:05) Posted: The boss purchased 200,000 shares at $1.12

 

The boss purchased 200,000 shares at $1.12

 

Uni-Asia Reports Strong 1H2022 Net Profit of US$16.5 Million Declares Highest Interim Dividend Since Inception &bull Charter income soared by 70% to US$34.0 million in 1H2022 due to robust dry bulk market &bull The Group recorded highest 1H2022 net profit of US$16.5 million, a 134% increase from 1H2021 &bull Declared an interim dividend of S$0.065 per share, a 225% increase from 1H2021. Equivalent to a dividend yield of 6.25% (based on the closing share price as on 30 June 20221 )

https://links.sgx.com/FileOpen/Uni-Asia%202022-08-12%20-%201H2022%20Results%20Press%20Release.ashx?App=Announcement& FileID=728204

 

ysh2006      ( Date: 23-May-2022 05:52) Posted: This stock sometimes give surprise dividend payout ,no privatisation because no smoke either so suppose no fire either. If have market BB certainly will action first. vicloo      ( Date: 22-May-2022 11:32) Posted: Only pending news, amount of div ex-date in Sept.. Hope is a good div again 😉

 

Use the one with "group"... I just put in a note

ysh2006      ( Date: 23-May-2022 07:27) Posted: Why this stock price didn't link to this forum page ?...admin please help to link it. Thanks ysh2006      ( Date: 23-May-2022 05:52) Posted: This stock sometimes give surprise dividend payout ,no privatisation because no smoke either so suppose no fire either. If have market BB certainly will action first

 

Why this stock price didn't link to this forum page ?...admin please help to link it. Thanks

ysh2006      ( Date: 23-May-2022 05:52) Posted: This stock sometimes give surprise dividend payout ,no privatisation because no smoke either so suppose no fire either. If have market BB certainly will action first. vicloo      ( Date: 22-May-2022 11:32) Posted: Only pending news, amount of div ex-date in Sept.. Hope is a good div again 😉

 

This stock sometimes give surprise dividend payout ,no privatisation because no smoke either so suppose no fire either. If have market BB certainly will action first.

vicloo      ( Date: 22-May-2022 11:32) Posted: Only pending news, amount of div ex-date in Sept.. Hope is a good div again 😉 ysh2006      ( Date: 22-May-2022 11:12) Posted: Where got news of privatisation ?.. no news at all...please give some smoke if really have at what price.

 

Only pending news, amount of div ex-date in Sept.. Hope is a good div again 😉

ysh2006      ( Date: 22-May-2022 11:12) Posted: Where got news of privatisation ?.. no news at all...please give some smoke if really have at what price. ysh2006      ( Date: 21-May-2022 07:45) Posted: This stock no privatisation no good news ....only UOBKH has a high target maybe anyhow said.

 

Where got news of privatisation ?.. no news at all...please give some smoke if really have at what price.

ysh2006      ( Date: 21-May-2022 07:45) Posted: This stock no privatisation no good news ....only UOBKH has a high target maybe anyhow said.

 

This stock no privatisation no good news ....only UOBKH has a high target maybe anyhow said.

 

Hi, what is the price target, please? thank you

 

Took profit at 1.35 today 😊

PQTPQK      ( Date: 04-Apr-2022 09:11) Posted: 1.40 should be clearing anytime... Leenyah      ( Date: 03-Apr-2022 23:58) Posted: Should be able to, PE is too attractive.

 

1.40 should be clearing anytime...

Leenyah      ( Date: 03-Apr-2022 23:58) Posted: Should be able to, PE is too attractive.

 

Should be able to, PE is too attractive.

 

it should test the high again....1.50...!!!

 

Next stop 1.5 👍 👍 👍

 

break up !!!

 

Uni-Asia Delivers Record FY2021 Net Profit of US$18.0 million,
Proposes Highest Dividend in the Last 10 Years
-Charter income rose by 57% to US$47.8 million for FY2021, underpinned by
decade-high charter rates
- Reversal from US$7.4 million operating loss in FY2020 to record an operating
profit of US$22.2 million, despite higher pandemic-related vessel operating
expenses
- Proposed final dividend of S$0.03 per share and special dividend of S$0.02
per share, totalling S$0.05 per share, Including interim dividend paid, FY2021?s dividends totalled S$0.07 per share
? the highest in the last 10 years

 

Back to 1 Year ago level.

superstartup      ( Date: 18-Jan-2022 14:59) Posted: Baltic Dry Index had plunged from around 5,600 in Oct 2021 to current 1,730

 

Baltic Dry Index had plunged from around 5,600 in Oct 2021 to current 1,730

 

 

Target price $2.34 is damn far away.

des_khor      ( Date: 14-Jan-2022 16:08) Posted: This MFT target can hit ? superstartup      ( Date: 29-Oct-2021 11:16) Posted: UOB KH Friday, 29 October 2021 INITIATE COVERAGE BUY Share Price S$1.46 Target Price S$2.34 Upside +60.5% COMPANY DESCRIPTION Uni-Asia Group operates as an alternative investment company. It offers structured finance, ship charter arrangement, shipping and maritime asset management, real estate investment, and other related services. UniAsia Group serves customers in Asia. STOCK DATA GICS sector Real Estate Bloomberg ticker: UAG SP Shares issued (m): 78.6 Market cap (S$m): 114.8 Market cap (US$m): 85.1 3-mth avg daily t' over (US$m): 0.2 Price Performance (%) 52-week high/low S$1.45/S$0.400 1mth 3mth 6mth 1yr YTD 32.7 53.7 122.9 260.5 145.4 Major Shareholders % Yamasa Company Ltd 30.0 Ham Yong Kwan 10.0 Evergreen International S.A. 8.9 FY21 NAV/Share (US$) 1.67 FY21 Net Cash/Share (US$) 0.76 PRICE CHART 50 100 150 200 250 300 350 400 0.20 0.40 0.60 0.80 1.00 1.20 1.40 1.60 (lcy) UNI-AS IA GROUP LTD UNI-AS IA GROUP LTD/FSSTI INDEX (%) 0 1 1 2 2 Oct 20 Dec 20 Feb 21 Apr 21 Jun 21 Aug 21 Volume (m) Source: Bloomberg ANALYST(S) Clement Ho +65 6590 6630 [email protected] Uni-Asia Group (UAG SP) Under-The-Radar Drybulk Operator Set To Benefit From High Freight Rates Uni-Asia is a prime beneficiary and laggard of the more than 210% ytd spike in dry bulk freight rates. We believe freight rates will stay elevated at least until end-22 given the: a) supply squeeze as vessels are stuck longer in ports, b) strong demand for various commodities, and c) dearth of drybulk newbuilds as buyers stay on the sidelines in anticipation of new ESG standards on vessel emissions. We initiate coverage on UniAsia with a BUY. Target price: S$2.34