Highlights

THE INVESTMENT APPROACH OF CALVIN TAN

Author: calvintaneng   |   Latest post: Sun, 24 Oct 2021, 4:28 AM

 

UWC: The Earnings far too little & dividend too small to justify such lofty high prices (IT WILL CRASH) BETTER RUN! Calvin Tan

Author:   |    Publish date:


Dear Friends,

UWC result just came out after the Carnage of Tech Bubble Sell down

TECH BUBBLE SELL DOWN IS A GOOD THING

IF THE BUBBLE WERE TO GROW BIGGER THE FALL WILL BE EVEN STEEPER

AS THIS WEEK WE WITNESSED ATAIMS TWICE SOLD LIMIT DOWN & LIMIT DOWN AGAIN!

 

As such anything could "Prick the UWC" Bubble & cause it to GO LIMIT DOWN AS WELL

 

Now let us take a look at UWC latest results

 

SUMMARY OF KEY FINANCIAL INFORMATION
31 Oct 2021

 
INDIVIDUAL PERIOD
CUMULATIVE PERIOD
CURRENT YEAR QUARTER
PRECEDING YEAR
CORRESPONDING
QUARTER
CURRENT YEAR TO DATE
PRECEDING YEAR
CORRESPONDING
PERIOD
31 Oct 2021
31 Oct 2020
31 Oct 2021
31 Oct 2020
$$'000
$$'000
$$'000
$$'000
1 Revenue
75,255
71,500
75,255
71,500
2 Profit/(loss) before tax
29,999
28,657
29,999
28,657
3 Profit/(loss) for the period
23,040
21,708
23,040
21,708
4 Profit/(loss) attributable to ordinary equity holders of the parent
23,043
21,708
23,043
21,708
5 Basic earnings/(loss) per share (Subunit)
2.09
3.95
2.09
3.95
6 Proposed/Declared dividend per share (Subunit)
0.00
0.00
0.00
0.00
   
AS AT END OF CURRENT QUARTER
AS AT PRECEDING FINANCIAL YEAR END
7 Net assets per share attributable to ordinary equity holders of the parent ($$)
0.2800
0.2800

UWC This qtr shows a reduced profit of 2.09 cent

Annualized 2.09 x 4 = 8.36 sen

UWC Price today is Rm5.81

To get P/E divides Rm5.81 by 8.36

= 69.49 P/E

IT WILL TAKE YOU ALMOST 70 LONGYEARS TO SEE YOUR MONEY DOUBLE

INFLATION WILL KILL OFF ALL VALUE FROM UWC

What is the Yield?

Divide 8.36 by Rm5.81

= 1.43%

BANK FD RATE AT 1.75% IS EVEN BETTER THAN 1.43%

Now there is no safety or Margin of safety holding UWC as its NAV is only 28 sen

 

WHY IB BANKERS & ANALYSTS  KEPT TELLING PEOPLE THEY ARE NEUTRAL OR UNDERWEIGHT PALM OIL ALL THE TIME AND NEVER ONCE WARN ABOUT FROTHY TECH STOCK LIKE UWC?

 

NO WONDER BECAUSE OF THESE VERY DISHONEST IB BANKERS 80% To 90% OF MARKET RETAIL PLAYERS LOST MONEY IN THE STOCK MARKER YEAR AFTER YEAR & DECADES AFTER DECADES LOSING EVEN MORE OF THEIRHARD EARNED MONEY

 

Best Regards

Calvin Tan

 

Please buy or sell after doing your own due diligence or consult your remisier/Fund manager

 

NOTE: What is true about UWC is also True on INARI, GENETEC, Greatec, MyTech, Hightec, Penta & All other Tech stocks as well

ALL HAVE VERY LITTLE NTA OR MARGIN OF SAFETY

AS TECH LIKE ATAIMS IS BURSTING CONTAGEN WILL SPREAD TO ALL OTHER BLOATED TECH STOCKS

ONE AFTER ANOTHER BUBBLE WILL BURST & ALL HOLDING WILL COLLAPSE FLAT ON THE FACE IF DON'T RUN EARLY & QUICKLY

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Wizman Listen to DISHONEST IB BANKERS,make 80% To 90% OF MARKET RETAIL PLAYERS LOST MONEY IN THE STOCK MARKER YEAR AFTER YEAR.Wake Up retail investors!!!
04/12/2021 5:07 PM
calvintaneng The higher you pay for the price of a stock, a house or any investment for the matter the lower the long term return
05/12/2021 9:07 PM
calvintaneng Conversely, the lower you pay for a stock, a house or any other investment in life the higher the longer term return

This law of investing is universally true since time immemorial
05/12/2021 9:15 PM


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