Type something and hit enter

On

UZMA (7250) HAS GROWTH IN NTA OVER THE YEARS WHICH ALL HAVE OVERLOOKED, Calvin Tan Research


Hi guys,
The Growth of Uzma is in 3 Areas: 1) Revenue. 2) Cash Position. 3) Assets
Growth in Revenue is good but not enough if debt also increase exponentially. Then we have growth in cash like LionFib, Pm Corp or TA Enterprize which are good. Better if they give out good dividend like TA.
NTA Growth is also Real Growth

Let me explain:
Example:
If you get a salary of Rm10,000 per month
And you buy assets like a Car for Rm50,000 & a  house for Rm500,000
Say you pay off the car loan at Rm1,000 a month & house loan  at Rm3,000 per month
After deducting your loan commitments you still have remaining Rm6,000 for monthly expense
Suppose you spent Rm5,500 and save Rm500 per month.
So it looks like your income is Rm10,000 and Net Growth is Rm500 or 5%
IS THAT THE CORRECT PICTURE?
NO. OF COURSE NOT!!
BOTH YOUR CAR (RM50,000) & HOUSE (RM500,000 (HOUSE) ARE PART OF YOUR WEALTH
ONLY THING IS THE CAR WILL DEPRECIATE OVER TIME. BUT IF YOU BUY A HOUSE IN A GROWTH LOCATION PRICE WILL GO UP OVER THE YEARS
SO YOUR NET GROWTH OVERALL IS MORE THAN 5%
NOW THAT IS WHY CALVIN TAN RESEARCH ALWAYS LOOK AT THE NET NET PERSPECTIVE (NOT JUST CURRENT CASH POSITION)
IT IS THE NET NET ADDED UP IN TOTAL MINUS ALL LIABILITIES = REAL NET WORTH.
HA!! THAT IS HOW WE ARRIVE AT THE INTRINSIC VALUE
AND WE SHOULD ALWAYS PAY BELOW INTRINSIC VALUE AS A MARGIN OF SAFETY

NOW LET'S TAKE A LOOK AT UZMA NTA GROWTH OVER THE LAST 5 YEARS

SUMMARY OF KEY FINANCIAL INFORMATION
31/03/2014

 
INDIVIDUAL PERIOD
CUMULATIVE PERIOD
CURRENT YEAR QUARTER
PRECEDING YEAR
CORRESPONDING
QUARTER
CURRENT YEAR TO DATE
PRECEDING YEAR
CORRESPONDING
PERIOD
31/03/2014
31/03/2013
31/03/2014
31/03/2013
$$'000
$$'000
$$'000
$$'000
1 Revenue
97,718
88,897
97,718
88,897
2 Profit/(loss) before tax
12,302
12,181
12,302
12,181
3 Profit/(loss) for the period
9,500
9,339
9,500
9,339
4 Profit/(loss) attributable to ordinary equity holders of the parent
8,428
8,855
8,428
8,855
5 Basic earnings/(loss) per share (Subunit)
6.38
6.71
6.38
6.71
6 Proposed/Declared dividend per share (Subunit)
0.00
0.00
0.00
0.00
   
AS AT END OF CURRENT QUARTER
AS AT PRECEDING FINANCIAL YEAR END
7 Net assets per share attributable to ordinary equity holders of the parent ($$)
1.0400
0.9700
 
FOR MAY 2014 THE  NTA IS RM1.04
 
 

UMMARY OF KEY FINANCIAL INFORMATION
31 Mar 2015

 
INDIVIDUAL PERIOD
CUMULATIVE PERIOD
CURRENT YEAR QUARTER
PRECEDING YEAR
CORRESPONDING
QUARTER
CURRENT YEAR TO DATE
PRECEDING YEAR
CORRESPONDING
PERIOD
31 Mar 2015
31 Mar 2014
31 Mar 2015
31 Mar 2014
$$'000
$$'000
$$'000
$$'000
1 Revenue
148,529
97,718
148,529
97,718
2 Profit/(loss) before tax
13,086
12,302
13,086
12,302
3 Profit/(loss) for the period
9,577
9,500
9,577
9,500
4 Profit/(loss) attributable to ordinary equity holders of the parent
8,054
8,428
8,054
8,428
5 Basic earnings/(loss) per share (Subunit)
3.01
6.38
3.01
6.38
6 Proposed/Declared dividend per share (Subunit)
0.00
0.00
0.00
0.00
   
AS AT END OF CURRENT QUARTER
AS AT PRECEDING FINANCIAL YEAR END
7 Net assets per share attributable to ordinary equity holders of the parent ($$)
1.0300
0.9600
FOR MAY 2015 NTA IS RM1.03


UMMARY OF KEY FINANCIAL INFORMATION
31 Mar 2016

 
INDIVIDUAL PERIOD
CUMULATIVE PERIOD
CURRENT YEAR QUARTER
PRECEDING YEAR
CORRESPONDING
QUARTER
CURRENT YEAR TO DATE
PRECEDING YEAR
CORRESPONDING
PERIOD
31 Mar 2016
31 Mar 2015
31 Mar 2016
31 Mar 2015
$$'000
$$'000
$$'000
$$'000
1 Revenue
119,137
148,529
119,137
148,529
2 Profit/(loss) before tax
23,458
13,086
23,458
13,086
3 Profit/(loss) for the period
21,655
9,577
21,655
9,577
4 Profit/(loss) attributable to ordinary equity holders of the parent
20,974
8,054
20,974
8,054
5 Basic earnings/(loss) per share (Subunit)
7.21
3.01
7.21
3.01
6 Proposed/Declared dividend per share (Subunit)
0.00
0.00
0.00
0.00
   
AS AT END OF CURRENT QUARTER
AS AT PRECEDING FINANCIAL YEAR END
7 Net assets per share attributable to ordinary equity holders of the parent ($$)
1.2400
1.2200
FOR MAY 2016 NTA IS RM1.24 (UP BY OVER 20%)

SUMMARY OF KEY FINANCIAL INFORMATION
31 Mar 2017

 
INDIVIDUAL PERIOD
CUMULATIVE PERIOD
CURRENT YEAR QUARTER
PRECEDING YEAR
CORRESPONDING
QUARTER
CURRENT YEAR TO DATE
PRECEDING YEAR
CORRESPONDING
PERIOD
31 Mar 2017
31 Mar 2016
31 Mar 2017
31 Mar 2016
$$'000
$$'000
$$'000
$$'000
1 Revenue
94,504
119,137
94,504
119,137
2 Profit/(loss) before tax
6,994
23,458
6,994
23,458
3 Profit/(loss) for the period
6,273
21,655
6,273
21,655
4 Profit/(loss) attributable to ordinary equity holders of the parent
5,935
20,974
5,935
20,974
5 Basic earnings/(loss) per share (Subunit)
2.04
7.21
2.04
7.21
6 Proposed/Declared dividend per share (Subunit)
0.00
0.00
0.00
0.00
   
AS AT END OF CURRENT QUARTER
AS AT PRECEDING FINANCIAL YEAR END
7 Net assets per share attributable to ordinary equity holders of the parent ($$)
1.3600
1.3800
 
FOR MAY 2017 NTA IS RM1.36

SUMMARY OF KEY FINANCIAL INFORMATION
31 Mar 2018

 
INDIVIDUAL PERIOD
CUMULATIVE PERIOD
CURRENT YEAR QUARTER
PRECEDING YEAR
CORRESPONDING
QUARTER
CURRENT YEAR TO DATE
PRECEDING YEAR
CORRESPONDING
PERIOD
Three Months
Three Months
Fifteen Months
Twelve Months
01 Jan 2018
To
01 Jan 2017
To
01 Jan 2017
To
01 Jan 2016
To
31 Mar 2018
31 Mar 2017
31 Mar 2018
31 Dec 2016
$$'000
$$'000
$$'000
$$'000
1 Revenue
91,932
94,504
467,644
471,050
2 Profit/(loss) before tax
2,369
6,994
28,964
50,536
3 Profit/(loss) for the period
333
6,273
26,495
44,121
4 Profit/(loss) attributable to ordinary equity holders of the parent
-100
5,935
24,131
39,328
5 Basic earnings/(loss) per share (Subunit)
-0.03
2.04
7.88
13.52
6 Proposed/Declared dividend per share (Subunit)
0.00
0.00
0.00
0.00
   
AS AT END OF CURRENT QUARTER
AS AT PRECEDING FINANCIAL YEAR END
7 Net assets per share attributable to ordinary equity holders of the parent ($$)
1.4400
1.3800
 
FOR MAY 2018 NTA IS RM1.44

SUMMARY OF KEY FINANCIAL INFORMATION
31 Mar 2019

 
INDIVIDUAL PERIOD
CUMULATIVE PERIOD
CURRENT YEAR QUARTER
PRECEDING YEAR
CORRESPONDING
QUARTER
CURRENT YEAR TO DATE
PRECEDING YEAR
CORRESPONDING
PERIOD
31 Mar 2019
31 Mar 2018
31 Mar 2019
31 Mar 2018
$$'000
$$'000
$$'000
$$'000
1 Revenue
111,433
91,932
304,536
301,621
2 Profit/(loss) before tax
5,599
2,369
22,115
12,196
3 Profit/(loss) for the period
4,335
333
20,534
13,991
4 Profit/(loss) attributable to ordinary equity holders of the parent
2,485
-100
17,900
12,590
5 Basic earnings/(loss) per share (Subunit)
0.78
-0.03
5.59
4.11
6 Proposed/Declared dividend per share (Subunit)
0.00
0.00
0.00
0.00
   
AS AT END OF CURRENT QUARTER
AS AT PRECEDING FINANCIAL YEAR END
7 Net assets per share attributable to ordinary equity holders of the parent ($$)
1.5400
1.4800
 
LATEST QUARTER RESULT FOR MAY 2019 NTA IS AT A NEW HIGH OF RM1.54

AMONG THESE NET ASSETS ARE 9 HWUs & MARINE OIL BUSINESS & OTHER GROWING COMPANIES ACQUIRED WITH CASH

ASSETS BOUGHT WHEN USD WAS LOWER. SO WITH HIGH USD FEW OIL AND GAS ENTITIES COULD JOIN AS BARRIER TO ENTRY WILL BE PROHIBITIVE
AND THERE IS WEALTH IN THESE ASSETS OF VALUE

ON THE OTHER HAND COMPANIES THAT CANNOT GROW IN ASSETS WHEN INSOLVENT WILL FALL INTO PN17
OR THEY MIGHT GO INTO CONSOLIDATION LIKE 10 BECOME ONE
BUT THERE IS A HIGH POSSIBILITY THAT UZMA MIGHT GIVE OUT BONUS SHARES WITH FREE WARRANTS IF NTA KEEPS ON GROWING LIKE MEGA FIRST (MFCB) , TN LOGIS OR PINTARAS JAYA
I have good fortune of buying all 3 of the above by looking at them from ASSET GROWTH IN FOCUS

WILL UZMA JOIN THEM ONE DAY?

HOPEFULLY

BEST REGARDS

Calvin Tan Research

Please buy/sell after doing your own due diligence

https://klse.i3investor.com/blogs/www.eaglevisioninvest.com/219730.jsp
Back to Top
Back to Top