UMS Integration

[CityFarmer]

The interim dividend sustains. If annual dividend of 5 cents per share will sustain, and sell the stock at 50 cents per share at the end of the 5 years, a fair valuation with discount rate of 8%, is around 60 cents per share.

The valuation of the company, should be higher, with 5-year average Free Cash Flow (FCF) of about 6.5 cents per share, and the likelihood of 6 cents, instead of 5 cents annual dividend per share. Furthermore, we might be able to sell at a higher price at the end of the 5 years.

What do you think?

(vested)