Our Q&As are emailed in our Saturday Morning Report, find the answer to this question below.
Hi really liking the new Web site well done, can I please add a question to the Saturday report, I would like to hear your thoughts on UMG - United malt group the global business price has come down and growth is in the 18 to 20 % area. Robert V
Hi Robert,
Commercial malt operator UMG has struggled over recent months following its FY20 results in November, the numbers actually beat expectations but investors have decided that short-term cost reductions and government assistance wont last. As the economy reopens and craft brewing regains its positive momentum we can actually see UMG benefiting making it a quasi-recovery story that hasn’t yet been acknowledged. It looks good around $3.60
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