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UCW - UCW Limited (1 Viewer)

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Hey everyone,

I am pretty new to the scene and I am interested in what everyone thinks of UCW as a value grab?

I can see they have no real debt and they have been lowering Liabilities and raising assets on their balance sheet over the years and they seem to have a low volume right now.

Please let me know your opinions on this stock as I am considering it will have ok turn around after the econ downfall picks up:)


As I said I am new ... so be gentle :) lol!
 

nomore4s

Commonsense isn't that common
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Re: UCW - Undercoverware

Just had a quick look, not many shares for sale and the spread is huge. Current price 20c next lot for sale is 34.5c:eek: So to buy into this company you have to pretty much double the share price.

The company is turning a profit and paying a d/e but the lack of liquidity is a problem - hard to get in (not good for current holders) and hard to get out if the brown stuff hits the fan (again not good for holders).

But if something does cause a buying frenzy the price will rocket but I don't know what could cause the frenzy.
Not enough liquidity for me.
 

System

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On January 27th, 2015, UnderCoverWear Limited changed its name to UCW Limited.
 

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