Added to YB: 2024-05-31
Pitch date: 2024-05-31
UGE.V [bullish]
UGE International Ltd.
+5.82%
current return
Author Info
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Company Info
UGE International Ltd. develops, owns, and operates commercial and community solar and battery storage projects.
Market Cap
CAD 50.0M
Pitch Price
CAD 1.89
Price Target
2.00
Dividend
N/A
EV/EBITDA
N/A
P/E
-3.18
EV/Sales
N/A
Sector
Construction and Engineering
Category
special_situation
Show full summary:
UGE International: Unlocking Value with a Privatization Premium
UGE.V: CAD$2 (8%) upside in mgmt buyout of US solar dev, but potential for higher bids from PE. Despite 270% premium, still undervalued at $2 vs growing backlog value. 30%+ mgmt ownership limits fall-through risk. Vote in July, 2mo hold for neat return or overbid.
Read full article (2 min)