UMS Holdings

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.

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"
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