UMS @ $0.656

Buy @ $0.675, $0.67, $0.66, $0.645, $0.65

Results were out last Friday and was very good!

  • Q413 Revenue & Profit very much improved
  • Div = 2ct + 1.5ct (Special)
  • Expects biz to remain strong for 1H14

At $0.655 (Friday close),

  • PE = 7.8
  • Yield = 9.924% or 7.634% (if exclude Special Div)
  • Zero Debts ; Cash = 8.5ct / Share (will be reduced considerable by 3.5ct payout)

This AM, it opened strongly but big seller(s) appeared and seemed determined to sell at $0.645, CP = BNP… I wonder why… and who… Let's hope it's not the CEO.. Fortunately, there were also many ready buyers… for now…

  • Vol = 9.199.000
  • Open = $0.67 ; Close = $0.645, -1ct ; Range = $0.64 to $0.68

 

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