Uni-Asia Finance

Uni-Asia Finance

Postby winston » Tue Aug 19, 2008 1:40 pm

Not vested. From DBS:-

The Business

Core business in cargo ships and real estate fund management. Uni-Asia Finance offers not only finance arrangement services for ships but also acts as an investment manager as well as an investor. Its current business focus is in two types of assets: cargo ships and property. The group’s property investment is via its subsidiary, Capital Advisers, which manages niche segments, namely boutique business hotels and stylish studio residential apartments.

Highly stable fee-income business model, with about half of its estimated FY08 income recurring for the duration of the charter contracts for vessels and from the management of hotels and residential apartments.

The Stock
Maritime investment continues to be buoyant. Uni-Asia is poised to benefit from record shipyards’ orderbook as more vessels owners seek financing arrangement. It also intends to increase its vessel portfolio via direct investment or set up new ship investment funds.

Share price supported by NAV. Uni-Asia is currently trading at a 20% discount to its book value of US$0.43 (S$0.60) per share as at Jun 08. Its book NAV per share is expected to increase to US$0.45 (S$0.63) in FY09.

Fair value of S$0.73, offering 59% upside. This is derived by applying a 13.4% dividend yield for the maritime business, and for the property-related segment, we use a target P/BV of 0.7x to reflect the still sluggish property and hotel markets in Japan. Uni-Asia is well-positioned for strong growth after weathering slowdown in Japan real estate market. Catalysts for the stock include disposal of
vessels and/or properties.
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Re: Uni-Asia Finance

Postby behappyalways » Thu Jun 09, 2016 4:32 pm

UNI-ASIA HOLDINGS: Looking to 2017 for dry bulk shipping recovery
http://nextinsight.net/index.php/story- ... g-recovery

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Re: Uni-Asia Finance

Postby behappyalways » Sun Aug 20, 2017 3:26 am

uni-asia-affirms-turnaround-better-shipping-rates-eyes-new-property-jvs-partners
https://www.theedgesingapore.com/uni-as ... s-partners
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Re: Uni-Asia Finance

Postby behappyalways » Fri Mar 16, 2018 9:41 am

Uni-Asia Group completes full year turnaround, doubles dividend
https://www.theedgesingapore.com/uni-as ... s-dividend
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Re: Uni-Asia Finance

Postby behappyalways » Mon Jun 18, 2018 3:54 pm

Uni-Asia Group reports 50% rise in 1Q18 earnings to $4.3 mil
https://www.theedgesingapore.com/uni-as ... ngs-43-mil
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Re: Uni-Asia Finance

Postby behappyalways » Thu Mar 28, 2019 7:46 pm

Uni-Asia selling 5.4 mil new shares at $1.08 each for property investment
https://www.theedgesingapore.com/uni-as ... investment
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Re: Uni-Asia Finance

Postby behappyalways » Thu May 23, 2019 9:34 am

Uni-Asia posts 9% rise in 1Q earnings to US$3.5 mil on higher income
https://www.theedgesingapore.com/uni-as ... her-income
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Re: Uni-Asia Finance

Postby behappyalways » Sun Aug 18, 2019 1:30 pm

Uni-Asia posts 52% growth in 2Q earnings to $4.2 mil; declares 2 cents interim dividend
https://www.theedgesingapore.com/capita ... m-dividend
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