UMS holdings is in the semiconductor industry with facilities in Singapore, Penang and US. In this post, I will be sharing my simple assessment on this counter, and reason for getting my first exposure into this industry. The share price has been in range of $0.495 and $0.5 for last week, and below is the chart from yahoo for past few years. The stock is trading on PE ratio of 5.5, and dividend yield of 9%, as shown below from Bloomberg. Comparing with it's peers, UMS does not look expensive. So why semiconductor? This is my first counter in the semiconductor industry. I first noticed this industry when reading some tech article about the Apple 'iwatch' and TSMC. Everybody is waiting and watching the launch of the 'iwatch' this year, deemed to be THE launch of 2015, and this is going to bring the semiconductor to ......