Latest Forum Topics /
UMS
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UMS
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john_ric
Supreme |
17-Jun-2020 11:20
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buy with CD.... | ||||
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Elf2000
Elite |
17-Jun-2020 02:10
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$1.05
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Grubber
Elite |
17-Jun-2020 01:58
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what is your tp | ||||
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Elf2000
Elite |
17-Jun-2020 01:29
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Gap up! | ||||
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newbieliu
Elite |
16-Jun-2020 18:15
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did not move much today... added too a bit today 10 lots lol
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ghetto
Master |
16-Jun-2020 15:25
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I just entered...Will hold for $1
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Singpost
Master |
16-Jun-2020 15:20
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What is good entry price  | ||||
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ghetto
Master |
16-Jun-2020 15:14
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Am in on this and we see $1 together. | ||||
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wehuattogether88
Supreme |
16-Jun-2020 13:12
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I agreed.
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Vietshare
Member |
16-Jun-2020 13:07
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I invested in UMS recently and will be holding for the long haul.  So naturally I hope UOBKayHian is spot on.  However, they are basing their forecast on charts which I' m not a fan of, particularly in this current climate (i.e. COVID-19, poor GDP numbers in most countries, overactive stimulus by many countries, etc) where markets are generally driven by news and speculations.  In such choatic and muddy markets, interpreting charts is like throwing darts to make projections/predictions.  In fact, even many companies and analysts in the US are already foregoing forward earning forecast etc entirely.  Chart reading kind of make sense in calmer situation where markets are primarily driven by fundamentals.  So with the current situation the world is facing, buying on value (i.e. good PB, PE, dividend) rather than price projection is the safest way to go IMO.  Fortunately, UMS is one stock with growth potential that should boost its value going forward IMO.
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wehuattogether88
Supreme |
16-Jun-2020 12:11
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From UOB kayhian, just for reference:
The outlook of the stock price is positive as it is still trading above the cloud. Price rebounded at its previous low of S$0.865, which coincides with the Fibonacci 50% correction point (Apr-May 20?s rally). The Stochastic is likely to turn up and a bullish crossover is likely in the coming session. We are likely to see the price rebounding from here. The potential upside target is at S$0.99. Stops could be placed at S$0.86. Approximate timeframe on average: 1 week (initiate this trade idea if the stock hits the entry price range within three trading days) |
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Elf2000
Elite |
16-Jun-2020 10:20
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You hoot! I hoot!😁
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albeniz
Veteran |
16-Jun-2020 10:19
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Coming.
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Elf2000
Elite |
16-Jun-2020 10:15
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Waiting for the $1 sign...😎 | ||||
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wehuattogether88
Supreme |
16-Jun-2020 09:24
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Better for UMS in phase 2?
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wehuattogether88
Supreme |
12-Jun-2020 14:06
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I also think it is a good stock to pick up.    
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wehuattogether88
Supreme |
12-Jun-2020 13:18
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probably engine starting soon?
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Singpost
Master |
12-Jun-2020 11:53
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UMS will be good pick to keep .... | ||||
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wehuattogether88
Supreme |
12-Jun-2020 10:43
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I concur, more like panic selling from contra players earlier. Good for those that pick up at cheaper price.  
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Vietshare
Member |
12-Jun-2020 10:13
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Can' t be that sure.  But those who sold at the start of trading are likely to be folks that bought it at a low, those who contra trade and those who panic and want to cut losses.  The volume and price decrease suggest no margin call which, over all, bodes well for this counter.
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