Professional
Added to YB: 2024-10-24
Pitch date: 2024-10-23
UBLS.L [bullish]
United Bank Limited
+28.71%
current return
Author Info
Merion Road Capital is a fund in Miami focused on value-oriented investing through rigorous fundamental analysis of a company's operations. Follow on Twitter/X.
Company Info
United Bank Limited, togther with its subsidiaries, provides commercial banking and related services in Pakistan and the Middle East.
Market Cap
PKR 1.1T
Pitch Price
PKR 4.97
Price Target
N/A
Dividend
7.16%
EV/EBITDA
N/A
P/E
7.40
EV/Sales
N/A
Sector
Banks
Category
special_situation
Merion Road Capital Portfolio Holding: United Bank Limited
UBLS.L: Q2 mixed. Treasury's ECIP disposition guidelines: UBAB can buyback $124mm preferred at 7-28% of principal or via nonprofit at 0.5%. Potential $0.6mm vs $25mm repurchase. Guideline proposal; buyback years away. Long-term investment return boost possible.
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