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Latest Forum Topics / UMS    Last:2.45    -0.08  Post Reply
Putting more money into chinese partner
MSTsingapore
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03-Jun-2019 14:15     
 
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 Alert Admin 		I have confidence that UMS will eventually return to above $1
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bishan22
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03-Jun-2019 13:21     
 
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 Alert Admin 		He buy until pok kai...

jameslm02051994      ( Date: 03-Jun-2019 10:21) Posted:

Andy is the only buyer willing to pay for high prices for UMS stock. When he is done holding at this artificially high price, market will correct downwards to a more reasonable price. DBS is targeting $0.45, I concur with the research' s conclusion.
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jameslm02051994
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03-Jun-2019 10:21     
 
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 Alert Admin 		Andy is the only buyer willing to pay for high prices for UMS stock. When he is done holding at this artificially high price, market will correct downwards to a more reasonable price. DBS is targeting $0.45, I concur with the research' s conclusion.
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MSTsingapore
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29-May-2019 11:24     
 
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 Alert Admin 		The Board of Directors of UMS Holdings Limited (the &ldquo Company&rdquo ) wishes to announce that the Company has incorporated a 100% held subsidiary in Malaysia, known as Ultimate Mechanical System Sdn. Bhd. (the &ldquo New Company&rdquo ), with a paid-up capital of RM1,000. The New Company will carry on the business of Machining Precision Machine Parts and Components for Aerospace, Medical, Semiconductor and Machinery and Equipment Industry and Manufacturing Semiconductor Back End Equipment. The above investment is funded by internal resources and is not expected to have any material impact on the earnings per share and net tangible assets per share of the Company for the current financial year. None of the Directors or substantial shareholders of the Company has any interest, direct or indirect, in the above transaction save for their shareholdings in the Company. 
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chengwh1
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28-May-2019 13:23     
 
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 Alert Admin 		Our CEO Mr Luong has really deep pockets,... I wonder if he  drawsdown from personal loan facilities,... or he always  sets aside in personal FD,  ready funds to buy, just uplift and transfers out.... the bro always got  a few hundred K' s to play with,...

cobrajr      ( Date: 24-May-2019 21:13) Posted:

Andy jeep another 250K @ 0.595
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easywin
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27-May-2019 13:50     
 
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 Alert Admin 		Today SGX overall counters performance are mostly  bad so just relax where nothing much we can do  just wait for Donald Trump good news.
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bishan22
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27-May-2019 13:38     
 
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 Alert Admin 		No buyers to boost up the price...

cobrajr      ( Date: 24-May-2019 21:13) Posted:

Andy jeep another 250K @ 0.595
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cobrajr
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24-May-2019 21:13     
 
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 Alert Admin 		Andy jeep another 250K @ 0.595
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Starship
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24-May-2019 15:46     
 
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Their website' s date/time has been haywire since last week.   

bishan22      ( Date: 24-May-2019 15:10) Posted:

Article dated 27 May...choon boh???

Starship      ( Date: 24-May-2019 14:34) Posted:


UMS&rsquo s chairman Luong buys shares company raises stake in associate JEP
Chan Chao Peh
27/05/19, 07:30 am

SINGAPORE (May 27): Andy Luong, executive chairman of UMS Holdings, has bought shares in the company for the first time in six months. On May 16, he bought 250,000 UMS shares, at an average price of 62.5 cents a share. The last time he bought shares in the company was on Dec 18, when he purchased 250,000 shares for 55.55 cents each.

With the May 16 purchase, Luong now holds a direct stake of just over 3.3 million UMS shares, equivalent to a 0.616% interest, up from 0.57%. He also holds a deemed stake of 107.3 million shares, or a 20.007% interest. His total interest in UMS is now 20.623%, up from 20.58% previously.

Luong&rsquo s latest purchase comes just three days after UMS completed a $6.58 million married deal for shares in its associate company, JEP Holdings. On May 13, UMS bought all 43.8 million JEP shares, equivalent to a 10.9% stake, held by another Singapore Exchange-listed entity, Ellipsiz, for 15 cents each. The purchase price was at a 3.8% discount to the May 10 closing price of 15.6 cents.

With these shares from Ellipsiz, UMS now owns a total of 38.8% in JEP, up from 27.9% previously. As this has crossed the mandatory general offer trigger of 30%, UMS is now obliged to offer to buy the remaining shares in JEP at 15 cents each. At 15 cents, JEP is valued at 28.68 times historical earnings, which translates into a market value of $61 million. UMS has no plans to revise this offer price. It is offering to buy over all outstanding JEP warrants at 7.4 cents each.

However, UMS is not planning to take JEP private it merely wants a bigger stake in JEP. In the event UMS receives acceptances from other JEP shareholders that will lift its total stake to more than 90% &mdash breaching the free-float level of 10% &mdash it will &ldquo explore various options&rdquo to maintain its listing status.

&ldquo The proposed acquisition of JEP is in line with our group&rsquo s overall diversification strategy to tap new growth sectors beyond the semiconductor industry,&rdquo says Luong. Last year, UMS, which is in the semiconductor machinery business, bought into JEP, whose focus is in the -aerospace industry.

Luong, who is also executive chairman of JEP, notes that it managed a turnaround between FY2017 and FY2018. For the 12 months ended Dec 31, 2018, JEP recorded earnings of $2.2 million, up 160% from FY2017. Revenue in the same period was flat at $85.9 million. The better bottom line was attributed to lower administrative costs.

While JEP recorded better earnings, UMS did not. For the full year ended Dec 31, 2018, the latter posted earnings of $43.1 million, down 17% y-o-y. Revenue in the same period was down 21% y-o-y to $127.9 million.

The weakness persisted in the following quarter. For the three months to March 31, UMS reported earnings of $7 million, down 39% y-o-y. Revenue in the same period fell 24% y-o-y to $28.6 million. In its earnings statement, the company blamed the ongoing trade war between the US and China for affecting business sentiment and says the semiconductor market is not immune to it.

In its May 13 statement announcing its offer for the other JEP shares, UMS sees its associate company continuing to grow as a result of the &ldquo buoyant&rdquo aerospace industry. &ldquo This acquisition of JEP will therefore bring us new revenue and profit streams, boosting UMS&rsquo s top and bottom lines. As a group, we will also be able to further reap the benefits from enhanced operational synergies and an enlarged customer base,&rdquo it says.

https://www.theedgesingapore.com/print-edition/ums%E2%80%99s-chairman-luong-buys-shares-company-raises-stake-associate-jep
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bishan22
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24-May-2019 15:10     
 
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 Alert Admin 		Article dated 27 May...choon boh???

Starship      ( Date: 24-May-2019 14:34) Posted:


UMS&rsquo s chairman Luong buys shares company raises stake in associate JEP
Chan Chao Peh
27/05/19, 07:30 am

SINGAPORE (May 27): Andy Luong, executive chairman of UMS Holdings, has bought shares in the company for the first time in six months. On May 16, he bought 250,000 UMS shares, at an average price of 62.5 cents a share. The last time he bought shares in the company was on Dec 18, when he purchased 250,000 shares for 55.55 cents each.

With the May 16 purchase, Luong now holds a direct stake of just over 3.3 million UMS shares, equivalent to a 0.616% interest, up from 0.57%. He also holds a deemed stake of 107.3 million shares, or a 20.007% interest. His total interest in UMS is now 20.623%, up from 20.58% previously.

Luong&rsquo s latest purchase comes just three days after UMS completed a $6.58 million married deal for shares in its associate company, JEP Holdings. On May 13, UMS bought all 43.8 million JEP shares, equivalent to a 10.9% stake, held by another Singapore Exchange-listed entity, Ellipsiz, for 15 cents each. The purchase price was at a 3.8% discount to the May 10 closing price of 15.6 cents.

With these shares from Ellipsiz, UMS now owns a total of 38.8% in JEP, up from 27.9% previously. As this has crossed the mandatory general offer trigger of 30%, UMS is now obliged to offer to buy the remaining shares in JEP at 15 cents each. At 15 cents, JEP is valued at 28.68 times historical earnings, which translates into a market value of $61 million. UMS has no plans to revise this offer price. It is offering to buy over all outstanding JEP warrants at 7.4 cents each.

However, UMS is not planning to take JEP private it merely wants a bigger stake in JEP. In the event UMS receives acceptances from other JEP shareholders that will lift its total stake to more than 90% &mdash breaching the free-float level of 10% &mdash it will &ldquo explore various options&rdquo to maintain its listing status.

&ldquo The proposed acquisition of JEP is in line with our group&rsquo s overall diversification strategy to tap new growth sectors beyond the semiconductor industry,&rdquo says Luong. Last year, UMS, which is in the semiconductor machinery business, bought into JEP, whose focus is in the -aerospace industry.

Luong, who is also executive chairman of JEP, notes that it managed a turnaround between FY2017 and FY2018. For the 12 months ended Dec 31, 2018, JEP recorded earnings of $2.2 million, up 160% from FY2017. Revenue in the same period was flat at $85.9 million. The better bottom line was attributed to lower administrative costs.

While JEP recorded better earnings, UMS did not. For the full year ended Dec 31, 2018, the latter posted earnings of $43.1 million, down 17% y-o-y. Revenue in the same period was down 21% y-o-y to $127.9 million.

The weakness persisted in the following quarter. For the three months to March 31, UMS reported earnings of $7 million, down 39% y-o-y. Revenue in the same period fell 24% y-o-y to $28.6 million. In its earnings statement, the company blamed the ongoing trade war between the US and China for affecting business sentiment and says the semiconductor market is not immune to it.

In its May 13 statement announcing its offer for the other JEP shares, UMS sees its associate company continuing to grow as a result of the &ldquo buoyant&rdquo aerospace industry. &ldquo This acquisition of JEP will therefore bring us new revenue and profit streams, boosting UMS&rsquo s top and bottom lines. As a group, we will also be able to further reap the benefits from enhanced operational synergies and an enlarged customer base,&rdquo it says.

https://www.theedgesingapore.com/print-edition/ums%E2%80%99s-chairman-luong-buys-shares-company-raises-stake-associate-jep
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Starship
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24-May-2019 14:34     
 
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UMS&rsquo s chairman Luong buys shares company raises stake in associate JEP
Chan Chao Peh
27/05/19, 07:30 am

SINGAPORE (May 27): Andy Luong, executive chairman of UMS Holdings, has bought shares in the company for the first time in six months. On May 16, he bought 250,000 UMS shares, at an average price of 62.5 cents a share. The last time he bought shares in the company was on Dec 18, when he purchased 250,000 shares for 55.55 cents each.

With the May 16 purchase, Luong now holds a direct stake of just over 3.3 million UMS shares, equivalent to a 0.616% interest, up from 0.57%. He also holds a deemed stake of 107.3 million shares, or a 20.007% interest. His total interest in UMS is now 20.623%, up from 20.58% previously.

Luong&rsquo s latest purchase comes just three days after UMS completed a $6.58 million married deal for shares in its associate company, JEP Holdings. On May 13, UMS bought all 43.8 million JEP shares, equivalent to a 10.9% stake, held by another Singapore Exchange-listed entity, Ellipsiz, for 15 cents each. The purchase price was at a 3.8% discount to the May 10 closing price of 15.6 cents.

With these shares from Ellipsiz, UMS now owns a total of 38.8% in JEP, up from 27.9% previously. As this has crossed the mandatory general offer trigger of 30%, UMS is now obliged to offer to buy the remaining shares in JEP at 15 cents each. At 15 cents, JEP is valued at 28.68 times historical earnings, which translates into a market value of $61 million. UMS has no plans to revise this offer price. It is offering to buy over all outstanding JEP warrants at 7.4 cents each.

However, UMS is not planning to take JEP private it merely wants a bigger stake in JEP. In the event UMS receives acceptances from other JEP shareholders that will lift its total stake to more than 90% &mdash breaching the free-float level of 10% &mdash it will &ldquo explore various options&rdquo to maintain its listing status.

&ldquo The proposed acquisition of JEP is in line with our group&rsquo s overall diversification strategy to tap new growth sectors beyond the semiconductor industry,&rdquo says Luong. Last year, UMS, which is in the semiconductor machinery business, bought into JEP, whose focus is in the -aerospace industry.

Luong, who is also executive chairman of JEP, notes that it managed a turnaround between FY2017 and FY2018. For the 12 months ended Dec 31, 2018, JEP recorded earnings of $2.2 million, up 160% from FY2017. Revenue in the same period was flat at $85.9 million. The better bottom line was attributed to lower administrative costs.

While JEP recorded better earnings, UMS did not. For the full year ended Dec 31, 2018, the latter posted earnings of $43.1 million, down 17% y-o-y. Revenue in the same period was down 21% y-o-y to $127.9 million.

The weakness persisted in the following quarter. For the three months to March 31, UMS reported earnings of $7 million, down 39% y-o-y. Revenue in the same period fell 24% y-o-y to $28.6 million. In its earnings statement, the company blamed the ongoing trade war between the US and China for affecting business sentiment and says the semiconductor market is not immune to it.

In its May 13 statement announcing its offer for the other JEP shares, UMS sees its associate company continuing to grow as a result of the &ldquo buoyant&rdquo aerospace industry. &ldquo This acquisition of JEP will therefore bring us new revenue and profit streams, boosting UMS&rsquo s top and bottom lines. As a group, we will also be able to further reap the benefits from enhanced operational synergies and an enlarged customer base,&rdquo it says.

https://www.theedgesingapore.com/print-edition/ums%E2%80%99s-chairman-luong-buys-shares-company-raises-stake-associate-jep
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Starship
Supreme
23-May-2019 14:40     
 
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fwei78      ( Date: 23-May-2019 13:30) Posted:

Mr Andy, where are you?

:D
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fwei78
Senior
23-May-2019 13:30     
 
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 Alert Admin 		Mr Andy, where are you?

:D
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zandlery
Supreme
18-May-2019 22:25     
 
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 Alert Admin 		I think huawei product already not available in US last year 2nd half. There are gadget consumer complain they can't get the mate 20 pro in US. Have to ordered online......

chengwh1      ( Date: 18-May-2019 20:33) Posted:

Don' t be misled by this result. The president has just announced that sanction against Huawei.... very recently. This results was from the previious finncil period before the sanction, when times were still good.

We need to look at this quarter' s results, which will be released in July/August 2019. 

trademaster      ( Date: 18-May-2019 13:25) Posted:

Huawei Technologies Co.  shrugged off efforts by the U.S. government to stop other nations using it&rsquo s technology, with revenue jumping on shipments of phones, 5G equipment and other products.

https://www.bloomberg.com/news/articles/2019-04-22/huawei-revenue-jumped-39-percent-to-27-billion-in-first-quarter

 


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chengwh1
Elite
18-May-2019 20:33     
 
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 Alert Admin 		Don' t be misled by this result. The president has just announced that sanction against Huawei.... very recently. This results was from the previious finncil period before the sanction, when times were still good.

We need to look at this quarter' s results, which will be released in July/August 2019. 

trademaster      ( Date: 18-May-2019 13:25) Posted:

Huawei Technologies Co.  shrugged off efforts by the U.S. government to stop other nations using it&rsquo s technology, with revenue jumping on shipments of phones, 5G equipment and other products.

https://www.bloomberg.com/news/articles/2019-04-22/huawei-revenue-jumped-39-percent-to-27-billion-in-first-quarter

 

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Starship
Supreme
18-May-2019 14:34     
 
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Don' t bother to think far ahead nowadays.  Trump' s mind and his tweets change faster than he can think and faster than we can react.
Also, affected countries/parties are not dummies, so they will definitely respond to all threats that come their way.
So everything changes on a daily basis. 
Only traders, shortists, speculators and gamblers see the need to react to every tweet, every rumour and every news.......laughcheekydevil 
Real investors should not bother.  Invest in fundamentally strong stocks and stay invested while collecting good dividends..........angel


Exclusive: U.S. may scale back Huawei trade restrictions to help existing customers
MAY 18, 2019 / 7:05 AM / UPDATED AN HOUR AGO

(Reuters) - The U.S. Commerce Department said on Friday it may soon scale back restrictions on Huawei Technologies after this week&rsquo s blacklisting would have made it nearly impossible for the Chinese company to service its existing customers.

The Commerce Department, which had effectively halted Huawei&rsquo s ability to buy American-made parts and components, is considering issuing a temporary general license to &ldquo prevent the interruption of existing network operations and equipment,&rdquo a spokeswoman said.

Potential beneficiaries of the license could, for example, include internet access and mobile phone service providers in thinly populated places such as Wyoming and eastern Oregon that purchased network equipment from Huawei in recent years.

In effect, the Commerce Department would allow Huawei to purchase U.S. goods so it can help existing customers maintain the reliability of networks and equipment, but the Chinese firm still would not be allowed to buy American parts and components to manufacture new products.

The potential rule roll back suggests changes to Huawei&rsquo s supply chain may have immediate, far-reaching and unintended consequences.

The blacklisting, officially known as placing Huawei on the Commerce Department&rsquo s entity list, was one or two efforts by the Trump administration this week allegedly made in an attempt to thwart national security risks. In an executive order, President Donald Trump also effectively barred the use of its equipment in U.S. telecom networks.

The United States believes Huawei&rsquo s smartphones and network equipment could be used by China to spy on Americans, allegations the company has repeatedly denied.

The latest Commerce move comes as China has struck a more aggressive tone in its trade war with the United States, suggesting talks between the world&rsquo s two largest economies would be meaningless unless Washington changed course.

A spokesman for Huawei, the world&rsquo s largest telecommunications equipment maker, did not immediately respond to a request for comment.

Out of $70 billion Huawei spent buying components in 2018, some $11 billion went to U.S. firms including Qualcomm, Intel Corp and Micron Technology Inc. If the Commerce Department issues the license, U.S. suppliers would still need separate licenses to conduct new business with Huawei, which would be extremely difficult to obtain, the spokeswoman said.

The temporary general license would last for 90 days, she said, and would be posted in the Federal Register, just as the rule adding Huawei to the entity list will be published in the government publication on Tuesday.

&ldquo The goal is to prevent collateral harm on non-Huawei entities that use their equipment,&rdquo said Washington lawyer Kevin Wolf, a former Commerce Department official.

The entity listing bans Huawei and 68 affiliates in 26 countries from buying American-made goods and technology without licenses that would likely be denied.

The entities list identifies companies believed to be involved in activities contrary to the national security or foreign policy interests of the United States.

In a final rule posted on Thursday, the government tied Huawei&rsquo s entity listing to a criminal case pending against the company in Brooklyn, New York.

U.S. prosecutors unsealed the indictment in January accusing the company of engaging in bank fraud to obtain embargoed U.S. goods and services in Iran and to move money out of the country via the international banking system.

Huawei Chief Financial Officer Meng Wanzhou, daughter of the company&rsquo s founder, was arrested in Canada in December in connection with the indictment, a move that has led to a three-way diplomatic crisis involving the U.S., China and Canada.

Meng, who was released on bail, remains in Vancouver, and is fighting extradition. She has maintained her innocence, and Huawei has entered a plea of not guilty in New York.

Trump injected other considerations into the criminal case after Meng&rsquo s arrest when he told Reuters he would intervene if it helped close a trade deal.

https://www.reuters.com/article/us-usa-huawei-tech-exclusive/exclusive-us-may-scale-back-huawei-trade-restrictions-to-help-existing-customers-idUSKCN1SN2QA








 
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trademaster
Supreme
18-May-2019 14:28     
 
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 Alert Admin 		My analysis is this-
Thursday US semi conductor stocks and suppliers dropped, Friday we saw AEM, Hi -P n Ums reacted and came down but found their support . 
Aem 965,  hi p 128, UMS  615 
Bad news already priced in. 
https://www.cnbc.com/2019/05/17/huawei-us-supplier-shares-slide-but-it-says-it-can-survive-blacklist.html?__source=facebook%7Cmain
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trademaster
Supreme
18-May-2019 13:25     
 
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Huawei Technologies Co.  shrugged off efforts by the U.S. government to stop other nations using it&rsquo s technology, with revenue jumping on shipments of phones, 5G equipment and other products.

https://www.bloomberg.com/news/articles/2019-04-22/huawei-revenue-jumped-39-percent-to-27-billion-in-first-quarter

 
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bicycle
Member
18-May-2019 11:44     
 
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 Alert Admin 		All supply chain will be affected. GS did a research note on Huawei ban, about 70 companies get hit. These 70 companies will have their own suppliers/contractors, so more down the supply chain. Question now is implementation of ban.

UMS --> Applied Mat--> Intel, Micron, Qualcomm , TSMC, Samsung, etc --> Huawei
AEM--> Intel, Huawei
 
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nqing87
Supreme
18-May-2019 10:27     
 
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 Alert Admin 		I mention wrongly, got confused.. intel is aem customer.. hi-p customer is apple..

nqing87      ( Date: 17-May-2019 13:35) Posted:

i think intel (hi-p customer) is a supplier for huawei.. not sure if applied materials is a supplier for any company that  has business ties with huawei..  the world is so linked heavily to one another.. directly or indirectly everyone will be affected

trademaster      ( Date: 17-May-2019 09:25) Posted:

Thats for Huawei, thats why i prefer ums and hi


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