Not just shipping, not just property.
- While yes Uni-Asia owns ships for charter, it is active in managing the fleet to optimise returns – like an investment manager. Case in point: It has successfully divested two old ships recently to meaningfully reduce the blended age of its portfolio of ships for optimal charter rates. In addition, the sales managed to be Net Book Value neutral/positive and generate positive cash flows.
Back to normal.
This is a partial preview of the article. The complete article, including further analyst commentary on the outlook, valuation, dividend forecast, stock rating, target price, and more, is available on SGinvestors.io.
Read the complete article on SGinvestors.io.
Matthias Chan SAC Capital Research | https://www.saccapital.com.sg/ 2024-03-21
Read also SAC's most recent report:
2024-09-09 Uni-Asia Group - Uncertainties On The Horizon.
Price targets by other brokers at Uni-Asia Group Target Prices.
Listing of research reports at Uni-Asia Group Analyst Reports.
Relevant links:
Uni-Asia Group Share Price History,
Uni-Asia Group Announcements,
Uni-Asia Group Dividend Payout Dates & Corporate Actions,
Uni-Asia Group News
