Ann: FY20 Full Year Financial Results, page-41

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Livetosurf

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26/08/20

08:45

Post #: 46818735
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Originally posted by Charliebull: ↑

Further information from the Bell Potter report on August 24th 2020 on investment in UWL:

Investment Thesis
We maintain our BUY recommendation on Uniti. Our investment thesis is based on:
 Valuation: Our 12 month price target on Uniti is $2.25. The price target is generated from a blend of two valuation methodologies we apply to the company: EV/EBITDA and DCF. The price target is a 46% premium to the current share price and the total expected return is the same given there is no forecast dividend.
 Quality board and management: In our view Uniti has a high quality senior management team and board of directors with extensive experience in thetelecommunications industry. For instance, CEO Michael Simmons has over 30 years’experience in the telecommunications sector and was the CEO of both SP Telemedia and Vocus. Similarly, recently appointed director Vaughan Bowen was the founder of M2 Group which was established 20 years ago.
 Good cash flow: Uniti operates businesses that generate good cash flows and has said it will only target acquisitions which also generate good cash flow. The cash flow will be used to fund both organic growth– mainly through investment in the company’snetwork–and also targeted acquisitions.

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Thanks @Charliebull these reports are why I don't understand the drop in price since their recent results. Guessing it's time to buy?
Last edited by Livetosurf: 26/08/20

UWL Price at posting: $1.50 Sentiment: Hold Disclosure: Held
1 Upvote

0 Great analysis

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