11 Reasons Why You Should Buy UCI Shares
November 10, 2018
When evaluating a stock’s health, it is crucial to assess the company’s ability to sustain profits over a period of time. Here are 11 reasons why purchasing Union Construction and Investment (UCI) shares on the Palestine Exchange (PEX) is a great choice for a long-term investment.
- UCI was established in 2005 by a group of distinguished Palestinian and Arab business leaders with decades of experience.
- UCI’s share has been listed on the market of the Palestine Exchange since January 2007, roughly a year and a half after its establishment.
- On the first trading session after being listed on the Palestine Exchange, UCI’s stock was traded at $1.24 per share.
- UCI has achieved the highest profit rate for the first half of 2018 , based on the financial disclosures of competing real estate development companies listed on the Palestine Exchange.
- Based on UCI’s audited financial statements, the book value of UCI"s share is $1.24 – significantly higher than the stock price of $0.64 . This provides an exceptional investment opportunity for those interested in investing in the Palestinian stock market.
- Cash dividends have been distributed over the past years with total distributed dividends amounting to 25% of the capital value – a strong indicator of the company"s ability to generate profits.
- In 2012, to an efficient management of its capital and after the approval from the General Assembly in accordance with the Board of Directors recommendation, UCI distributed 20% of UCI’s capital was returned to its shareholders.
- The Palestine Exchange selected UCI to represent Al Quds Index in 2018 for the real estate and investment sector.
- UCI’s total assets have increased more than 19% over the past five years, from $41.3 million to $49.2 million.
- UCI offers direct financing for all of its investment projects, in which it guarantees the rights of the company and its shareholders. Customers provide posted-dated monthly cheques for the financing term and ownership of the property is not transferred to the buyer"s name until all cheques are disbursed or paid in cash.
- UCI"s track record in the Palestinian real estate market has been exemplary, developing successful projects with high profit margins and attractive returns, as seen with TABO and Masyoun Gardens.