Finance > Shares

UOS

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galumay:
Somehow I have neglected to create a thread on my highest conviction, and one of my biggest holdings!

H1 2021 - UOS showing what a cash creating monster it is, Just a lazy extra $272m cash generated this year, total cash of $630m now!
NTA still over $1.

Why will this business be around in 10 years? - It may not be, given the founders age. If the family wound it up shareholders would get a huge cash payout so it matters little, although I would prefer it just keep on keeping on! Been around for over 30 years.

galumay:
H1 2022. Not as good as PRP, but not unexpected given the situation in Malaysia. Still not a terrible result all things considered and given the lumpy nature of returns in this business. Its still a massive cash spitting machine that is just compounding shareholder value at an amazing rate.



Approaching $700m in cash, entire market cap is under $1B so you get the whole business for about $300m, insane. $3b of assets conservatively valued, $0.5b liabilities.

galumay:
Full year results for 2022 were pretty good considering the dip in the 2nd half, just huge amounts of cash and investments as well as retained earnings.

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