Ezotop

Monday, May 13, 2024

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! 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!!Do take note!



Chart wise,  bearish mode!
When we see a topping tail candlestick which is an indication of game over!


 The falling started next day! 
If 1.27 cannot hold, likely to go down tovtest 1.20 than 1.10.
Yield is about 4.3% at 1.32 still not as attractive as compared to Venture Corporation! 
Pls dyodd.


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