UMS Holdings

Broker's Calls

The worst is not over for UMS, analysts trim their TPs

DBS is hopeful of a stronger 2HFY2023 and a recovery in 2024 on the back of strong recovery in the semiconductor industry.

Results

UMS reports earnings of $17.4 mil despite slowing semicon industry

This was still a 10% decrease in earnings compared to 1QFY2022.
HPH Trust, DFI Retail Group, SIA, REITs and other counters are DBS's top picks on China reopening and balanced Fed - THE EDGE SINGAPORE

Broker's Calls

HPH Trust, DFI Retail Group, SIA, REITs and other counters are DBS's top picks on China reopening and balanced Fed

Beyond April, the team is watchful of the seasonal ‘sell’ trend in May following post-ex-dividends.

Investing ideas

Position ahead of the tech recovery with UMS, Grand Venture Tech and Venture Corp, says DBS

"We can look to position ahead of the anticipated recovery"
Analysts maintain longer term bullish view on UMS but trim target prices for now - THE EDGE SINGAPORE

Broker's Calls

Analysts maintain longer term bullish view on UMS but trim target prices for now

For now, Seet advises investors to maintain “hold”, and in the meantime, enjoy the yield of 5.6%, while waiting for an industry re

Results

UMS posts record performance in FY2022, earnings up 85% to $98.2 mil

UMS Holdings reported a record FY2022 thanks to higher demand. It expects to remain profitable in FY2023.
Maybank and UOB Kay Hian downgrade UMS Holdings to 'hold' on 'cautious outlooks' from leading chipmakers - THE EDGE SINGAPORE

Broker's Calls

Maybank and UOB Kay Hian downgrade UMS Holdings to 'hold' on 'cautious outlooks' from leading chipmakers

Maybank's Jarick Seet still sees the stock as worth holding on to due to its attractive yield of 4.6% for FY2023.

Broker's Calls

Chip manufacturers in China most impacted by chip war, global companies less so: DBS

The restrictions will affect Chinese semiconductor companies to manufacture advanced chips, as they require key foreign tech.
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