re: any hotter than hot stocks
UOS announced after-market today a profit forecast of $12.5M pre-tax for the half-year. Company also predicts a similar full year NPAT to last years $21.2M. With 68M shares on issue UOS has a market cap of about $87M and P/E of 4. NTA would have to be over $2.50 now!!!
Noticed a few new buyers in this one before the announcement today. Will be interesting to see how the market reaccts tomorrow. Even though the $12.5M half-year is down on last year, I can’t see how this could be seen as a bad result- as UOS expects to maintain last years full-year NPAT, dividend, and in effect, P/E of 4.
