Buy @ $0.395, $0.39 & $0.385 (Jump-Q @ 5pm)
Add back to my portfolio again. Q2 results were out on 8-Aug after mkt closed. EPS = 2.22ct, better than Q1 = 1.75ct. May be due to their latest acquisitions of IMT-S and IMT-US but I didn't check. Div = 1ct as per their Dividend Policy (if profitable).
Decided to take the risk to collect some even tho' I don't quite like the CEO (cum shareholder) recent actions (sell down his stake + sell IMT-S & IMT-US, jointly held with his sis-in-law, to UMS). Further, Semicon Industry is highly cyclical and many fails to make good profits even on upturns. Their main customer (Applied Materials) cum minority shareholder is amongst the leader in their niche (semicon Eqpt) and have set up shop in Singapore. Fundamentally, UMS looks ok but will have to monitor closely. Viewed positively, CEO selling down his stake may open the door for a predator to takeover, I hope! 😀