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

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THE INVESTMENT APPROACH OF CALVIN TAN

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

calvintaneng

Publish date: Thu, 02 Dec 2021, 11:37 PM

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

Discussions

Be the first to like this. Showing 3 of 3 comments

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!!!

2021-12-04 17:07

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

2021-12-05 21:07

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

2021-12-05 21:15

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