Welcome!
UMS Holdings
Broker's Calls
Maybank upgrades UMS Holdings to 'buy' after record 3QFY2022 and 9MFY2022 results
Maybank's Jarick Seet has also upped his TP to $1.34.
November 16, 2022
Results
UMS reports record revenue and profits for 9MFY22, declares third dividend of 1 cent per share
UMS CEO and chairman Andy Luong commented that the figures "have smashed all previous records."
November 11, 2022
Broker's Calls
Maybank downgrades Singapore tech sector on uncertain outlook
Seet's sole "buy" call within the tech sector under his coverage is Venture Corp for its "diversification and resilience"
November 02, 2022
Broker's Calls
CGS-CIMB bullish on AEM, UMS and Frencken, but calls ‘reduce’ on GVT
CGS-CIMB's William Tng has maintained his "buy" call for most companies, but calls "reduce" on GVT.
November 02, 2022
Broker's Calls
DBS downgrades UMS to ‘hold’, CGS-CIMB slashes target price by almost 40%
This comes after its key customer, Applied Materials (AMAT) lowered its outlook for its 4QFY2022 ending Oct.
October 14, 2022
Broker's Calls
Reinstatement of UMS's pioneer tax status for Malaysian subsidiary a boost to bottomline: DBS
DBS is estimating UMS to report a 54% y-o-y growth in net earnings of $82 million for the FY2022.
September 15, 2022
Broker's Calls
SG semicon sector’s trading at a discount to Malaysian counterpart ‘not justified’: CGS-CIMB
Tng's top pick on the SGX is UMS Holdings, but he also includes AEM and GVT in his picks.
August 29, 2022
Semiconductor
Applied Materials gives bullish forecast in face of slowdown
"Demand is still exceeding supply by a fair amount. We’re mindful of the macro headwinds."
August 19, 2022
Tech
Local semiconductor plays stay cheerful, investors not much so
Local semiconductor plays have largely reported record results, but why do investors not seem to be interested?
August 18, 2022
Broker's Calls
Analysts maintain 'buy' on UMS, seeing strong order forecasts
DBS raises their target price to $1.83, but CGS-CIMB leaves theirs unchanged.
August 17, 2022