Uni-Asia Group

Results

Uni-Asia Group reports US$3.3 mil net cash inflows in 9M2024

Financing activities was the biggest hit, with US$16.4 million of net cash outflows, compared to US$19.9 million in net cash outflows from this segment this time last year.

Broker's Calls

SAC Capital downgrades Uni-Asia to 'hold', lowers TP to 80 cents

Analyst Matthias Chan sees Hong Kong being a “key uncertainty” for the group.

Corporate moves

Economic uncertainty fails to faze Uni-Asia’s growth plans in Japan

Japanese yen and investments in Japan are still very attractive, says Uni-Asia's CFO Lim

Broker's Calls

SAC Capital keeps ‘buy’ on Uni-Asia, revises target price to $1.02

SAC Capital keeps 'buy' call on Uni-Asia Group with an unchanged target price of $1.02 in light of improved earnings in FY2024.

Results

Uni-Asia Group earnings down 82% y-o-y to $5.0 mil in FY2023 after shipping market normalisation

Revenue was down 33% y-o-y to US$58.0 million in FY2023, with charter income falling 42% y-o-y to $37.8 million.

Broker's Calls

SAC Capital maintains 'buy' on Uni-Asia, citing possible recovery of charter rates

Analyst Nicole Lim notes the group’s commitment to sustainability, has target price of $1.14.

Broker's Calls

Citing big discount to book, SAC Capital maintains 'buy' on Uni-Asia

As at June 30, Uni-Asia's NAV was US$1.89, implying a price to book ratio of just 0.36x, versus a sector average of 0.92x
Uni-Asia finds its niche in property, shipping  - THE EDGE SINGAPORE

kopi-C: the Company brew

Uni-Asia finds its niche in property, shipping

Having multiple diverse assets allows the firm to weigh its options and take its time, says Uni-Asia CFO Lim Kai Ching.
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