UMS - Chart wise, bearish mode! She is heading down to revisit 1.00 soon! Breaking down of 1.00 we may likely see her drifting lower towards 90 cents!

 UMS - Chart wise,  bearish mode! She is heading down to revisit 1.00 soon!

 Breaking down of 1.00 we may likely see her drifting lower towards 90 cents!

Pls dyodd.  

26th May 2024 update:

UMS - Chart wise,  bearish mode! Likely to go down to test 1.10 after this short rebound!

 Breaking down of 1.05 would be very negative! Pls dyodd. 

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.