Defensive Stock with Potential High Returns : Union Gas

More
25 Aug 2020 09:41 #25463 by walterlim
One stock that caught my attention lately: Union Gas

1.Consistently high double digit ROE from 2016 to 2019 at more than 20%
2.Remarkable double sigit ROA from 2016 to 2019 at more than 15% on average
3. Consistently higher quarter on quarter growth from 2018 to 2020.
4. Increasing dividends since IPO listing. At the moment its more than 5%
5. In talks acquistions to acquire complementary businesses
6. Low PE of 7

Please Log in or Create an account to join the conversation.

More
25 Aug 2020 09:43 #25464 by walterlim
Union Gas results Q2FY2020 has outperformed the covid market. In the financial reports it indicated that retail LPG increased substantially due to circuit breaker and more people cooking at home, making up for loss of revenue in other areas of business ( which will be improving with the lockdown easing).

This is a highly defensive stock in times of covid and also in times of normal period.

Please Log in or Create an account to join the conversation.

More
09 Oct 2020 09:24 #25503 by walterlim
Share price hit new high today at 45c with increased volume the past week.
The following user(s) said Thank You: michaeltan_my

Please Log in or Create an account to join the conversation.

More
15 Feb 2021 10:46 #25617 by walterlim
Share Price has crossed new high again at 565

Please Log in or Create an account to join the conversation.

More
17 Feb 2021 14:37 #25621 by walterlim
Share is rising with expectation of record profit next week

Please Log in or Create an account to join the conversation.

More
25 Feb 2021 11:13 #25634 by walterlim
The share has reached a record high at $0.695. I have sold most of my position when I entered at $0.31. Would re-enter when there is a price correction.

Please Log in or Create an account to join the conversation.

Share Prices

Counter NameLastChange
AEM Holdings3.840-0.010
Avi-Tech Electronics0.275-
Best World1.760-0.020
Broadway Ind0.118-
China Sunsine0.405-
DISA0.003-
Food Empire0.650-0.010
Fortress Minerals0.330-
Geo Energy Res0.3750.010
Golden Energy0.7800.005
GSS Energy0.046-
InnoTek0.470-
ISDN Holdings0.405-
ISOTeam0.100-
IX Biopharma0.126-
Jiutian Chemical0.0780.001
KSH Holdings0.3500.005
Leader Env0.056-0.002
Medtecs Intl0.140-0.002
Meta Health0.025-0.001
Nordic Group0.4800.005
Oxley Holdings0.149-
REX International0.235-
Riverstone0.635-0.010
Sinostar PEC0.170-
Southern Alliance Mining0.380-0.060
Straco Corp.0.405-
Sunpower Group0.260-
The Trendlines0.088-
Totm Technologies0.105-0.002
UG Healthcare0.195-
Uni-Asia Group0.830-0.005
Wilmar Intl4.1200.020
Yangzijiang Shipbldg1.4200.020

NextInsight RSS

rss_2 NextInsight - Latest News

Online Now

We have 2653 guests and no members online