UMS Holdings

Broker's Calls

Brokers' Digest: UMS Holdings, HRnetGroup, ST Engineering

See what the analysts have to say this week.
UOB Kay Hian ups UMS’s TP to $1.56 after its key customer raises its earnings guidance - THE EDGE SINGAPORE

Broker's Calls

UOB Kay Hian ups UMS’s TP to $1.56 after its key customer raises its earnings guidance

Analyst John Cheong sees the company as being “well-positioned” to benefit from the recovery of the semicon industry.

Broker's Calls

DBS stays upbeat on UMS, Venture, to ride semicon recovery theme

Inventory correction is ongoing but is expected to reach a normalised level by 4Q23.

Broker's Calls

Maybank stays 'hold' on UMS but ups TP to $1.16 on longer-term prospects

Analyst Jarick Seet says UMS' current share price has fully priced in any near-term upside unless orders ramp up in FY2024.

Results

UMS Holdings reports a 27% decrease in earnings y-o-y of $29 mil from weak performance in semiconductor segment

This brings its earnings per share (EPS) to 4.32 cents in 1HFY2023 compared to 5.9 cents in 1HFY2022.
DBS lowers STI target to 3,450; looks towards turnaround in 2H2023 - THE EDGE SINGAPORE

Singapore economy

DBS lowers STI target to 3,450; looks towards turnaround in 2H2023

Analysts Yeo Kee Yan and Foo Fang Boon have turned “neutral” on Singapore from their earlier “positive” rating.

Broker's Calls

UMS and Rex’s CEOs most overpaid in 2022 relative to their share price performances: UOB Kay Hian

Companies that got the most value out of their CEOs were YZJ, Singtel and SIA.
Seatrium makes share buyback debut; JEP chairman Luong raises stake - THE EDGE SINGAPORE

Insider moves

Seatrium makes share buyback debut; JEP chairman Luong raises stake

JEP says that its longer-term prospects remain strong

Semiconductor

UMS, AEM, Grand Venture Tech and Venture Corp to benefit from semicon trade diversification: DBS

Singapore is in a good place for companies that are looking to diversify their strategies, say the analysts at DBS Group Research.

Broker's Calls

Brokers' Digest: StarHub, UMS Holdings, Genting Singapore

See what the analysts have to say.
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