- 50+% sales denominated in USD √ - Largest customer deal in life science, diagnostic & chemical equipment √ - Consistent YoY / QoQ revenue and profit growth √ - Strong Cash position √
Overall a good buy. See external market will create more buying opportunity or not
Only buy small cap company with P/B below 0.25x, there will be alot on offer in the market. UWC is 3.8x at current price of 1.34, extremely expensive relative to others. Business is just some typical sheet metal fabricator, nothing special. Fair price at 0.20
Small cap companies with p/b below 0.25 is almost bankrupt companies. While sheet metal fabricator sounds unexciting compared to other tech stocks, it is actually more versatile, meaning they are not limited to producimg test equipments for certain components. Less specialised, more versatile, more diversed.
I always believe that the best time to make money is in the bear market not bull market, those who bought on last Thursday and Monday, congrats to you, many will be rich soon.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
ivanlau
1,387 posts
Posted by ivanlau > 2020-03-20 16:20 | Report Abuse
just a technical rebound, fake rebound....beware.... worldwide economic still very crucial , better avoid high pe stock .