Hi JGPM,
I agree that fundamentally UML is probably worth more than it is now. (Although i am not impressed by their lackluster shareholder communications, e.g the significant flooding issue at Dargues reef which is unaddressed).
The real stumbling block the share price is facing in my opinion is - "the wild bull run days is over". We are now in a new world where investors are now a lot more cautious and are chasing solid yield. Until the earnings started to come in and dividends start flowing, I am afraid UML will remain in a conundrum.
Just my 2 cents worth of comment for the day. Have a great weekend.
Bigdream
Hi JGPM,I agree that fundamentally UML is probably worth more...
Add to My Watchlist
What is My Watchlist?