UOS 0.00% 54.5¢ united overseas australia limited

i get from the financial statements for fy.2012 that the...

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    i get from the financial statements for fy.2012 that the company's net assets are $1.051m. market capitalisation today is $561m giving a p/bk ratio of 0.53

    can anyone confirm that i am correct here ? the different companies with similar names providing their financials in the annual report are a bit confusing to me, plus commsec who are normally consistant with origional company info. give diferent info.

    the figure given for cash and cash equivalents is $264m ??
    so that is 47% of the current share price (24c.) presumably sitting neatly in a malaysian bank (in malasian ringgits) while it appreciates in our $A.- ie due to our plummetting exchange rate. all this seems to good to be true for UOS shareholders. or have i got something wrong here ??

    GK.
 
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