Shares & Derivatives
UMS – She is slowly recovering from the low of 1.04. Trading at 1.10, seem like some buying activities is happening now! Pls dyodd.
By Singapore Stocks Sharing  •  May 20, 2024
UMS - She is slowly recovering from the low of 1.04. Trading at 1.10, seem like some buying activities is happening now! Likely to test 1.11-1.12 soon. Pls dyodd. She is hovering near the support  at 1.05. Nibbled a bit at 1.05. Yield is more than 5.1% seem quite a decent yield level! The director bought back 250,000 share at 1.15+ on 13th May 2024. Pls dyodd. UMS - After the releasing of the 1st quarter results,  it looks like market doesn't like the latest financial numbers and the price was being sold down 21 cents to close at 1.11. I think likely to go further down to test 1.00. Breaking down of 1.00 would likely see her going down to revisit 86 cents. Pls dyodd. UMS - 1st quarter results update is out! Net profit sink 44 percent to 9.8m versus 17.4m last year! Gross Revenue is down 33 percent to 54m versus 80m . EPS is down quite a lot to 1.41 cents versus 2.52 cents. Interim dividend increased from 1 cents to 1.1 cents! Still can afford to raise the interim dividend!!...
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By Singapore Stocks Sharing
All information is just for sharing on https://spore-share.com or https://spore-share.blogspot.com (Trade/Invest base on your own decision). Thank You! For trading, be firmed in executing your stop loss strategy. Also don’t be too eager to take profit to early. Let your profit run. For Investing it is good to read up and educate yourself to know the basic financial analysis. Learn how to identify good company to invest . Pick those company/counter that you are familiar with their business.
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