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UMS Holdings
Semiconductor
Applied Materials forecast spurs concern about chip spending
'AI is the big driver for the entire industry'
13 days ago
Broker's Calls
Analysts upgrade UMS to ‘hold’ with higher TPs despite disappointing 3QFY2024 results
Analysts from Maybank Securities and UOB Kay Hian have new target prices of $1.03 and 95 cents respectively.
16 days ago
Results
UMS reports 32% y-o-y decline in 3QFY2024 earnings to $10.4 mil
UMS maintains its interim dividend of 1 cent for 3QFY2024, bringing its total dividend payout to shareholders to 3.2 cents for the 9M2024.
20 days ago
Broker's Calls
RHB anticipates FY2025 recovery for UMS in line with semiconductor revival
Currently, UMS stock trades at around 18 times FY2024 price-to-equity ratio (P/E) based on Bloomberg estimates, with an around 5.5% dividend yield.
23 days ago
Insider moves
UMS founder and CEO Andy Luong acquires 600,000 shares from the market for $589,500
Shares in UMS closed 0.5 cents higher or 0.5% up at $1 on Sept 13.
September 13, 2024
Global Economy
Briefs: ThaiBev share swap values FPL at $1.89 per FPL share; Allianz offers $40.58 per Income share
In other news, UMS is eyeing a secondary listing in Malaysia; former Fed official Kaplan sees rate cuts likely in September.
July 18, 2024
IPO
UMS Holdings intends to seek secondary listing on Malaysia's stock exchange
Malaysia has touted for foreign investors to diversify chip supply chains in the nation. UMS has not made an application yet.
July 17, 2024
Semiconductor
UMS acquires land parcel in Penang for expansion
UMS acquires parcel of land in Penang for $4.5 million near new factory.
July 01, 2024
Semiconductor
Semiconductor cycle: Going up or down?
The AI theme has taken global stock markets by storm, but for locally listed semiconductor stocks, things are still fuzzy for now.
June 20, 2024
Semiconductor
Hunting for value in semiconductor stocks
We think Nvidia is currently slightly overvalued — or fairly valued at best.
June 20, 2024