Max - you say "there are better companies on the asx to invest...

  1. 267 Posts.
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    Max - you say "there are better companies on the asx to invest in."
    I am sure there are, they are not always easy to find.

    Given we are really both talking about UCM I have actually already studied this company in depth and made the judgement it meets my needs for a relatively safe long term investment that will grow in value over time. So your opinion as to its worth is really of little interest to me.

    I am attracted by aspects like a very wide moat for the Uscom 1A, the fact its market is growing at a steady rate. There is good responsible management with a long track record, a good balance sheet with no debt, annual growth in its capital value that is not recognized in its market price (Earnings have grown by 16.8% per year over past 5 years), a great forward research and development program plus its products save a growing number of lives every year.
    Do you realize over AU$ 52 million of Uscom 1A units have been sold into a world market at at June this year - the proceeds from these have financed company growth.
    The management and a number of employees draw all or part of their annual wages in shares - thus key management has skin in the game. I suspect they all have a very good understanding of the companies future.

    I note none of these facts surface in your judgement - yet your posts record you still HOLD. If you perceive it as such a poor investment - why do you still hold?

    Cheers

 
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Last
1.1¢
Change
0.000(0.00%)
Mkt cap ! $2.861M
Open High Low Value Volume
1.1¢ 1.1¢ 1.1¢ $133 12.07K

Buyers (Bids)

No. Vol. Price($)
1 147928 1.1¢
 

Sellers (Offers)

Price($) Vol. No.
1.3¢ 42000 1
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Last trade - 14.16pm 30/07/2025 (20 minute delay) ?
UCM (ASX) Chart
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