Category: UMS

Sell @ $0.56

Continue with my plan to reduce my stake… 😀

Sell @ $0.55, $0.555

Hit my min tgt of $0.55 and right on the dot of my expected beginning of "Andy-safe" Blackout period. But, the price strength for the last 3 sessions may be due to yesterday's SGX Annc of a Shares Buy Back proposal (to be voted during EGM on 30-Apr) ie 2 days prior of insiders' trading…. I wonder what CEO is trying to do… Perhaps he sells down to $0.50, then Shares Buy-Back buys back to $0.55, then cycles repeats…  Nevertheless, would be good for shareholders to hv this providing some price support fm Andy's sell-down… 😀

Sell @ $0.53

Continue with my plan to pare down and switch… The new 100-shares lot is making life more exciting… Q'd to sell at 9am+ and only finally got done close to 5pm… so many 100-shares transactions…. 😀

Sell @ $0.525

Take a loss, free up some cash.

Q414 (Dec) results on 28-Feb was within guidance ie weak. However, with a strong FCF of 6.74ct, a 3ct Div was declared (ttl 6ct for FY14). The guidance going forward is positive. Cash/share also increased slightly fm 7.68ct to 7.87ct.

Everything looks good… except that CEO Andy Luong continued to sell down his stake for 3 consecutive trading days… 27-Feb, 2-Mar, 3-Mar…. at avg price of 53.12ct, 52.52ct, 52.39ct respectively… a ttl of 5.9mil shares and effectively preventing share price from going higher…

I'll likely sell down my stake further as it's quite huge and it's non-performance due to CEO sell-down has finally made me decide to shift the funds to other stocks… A better time for me to sell would have been during the 1-mth Blackout period in April, before the next Quarterly results aro' 8-May…. 😀

Sell @ $0.505

Take profit for my other recent buy which was intended for short term. Very funny… after 2 weeks of no +ve movement and once I started selling yesterday, it slowly came alive… Hit $0.515 hi today…. 😀

BB dropped below 1 from data released on 23-Jan but Billings & Bookings figures is much improved.

Sell @ $0.505

Got done after queueing for almost the whole day. Meant for short term when I had excess free cash. Now, with free cash very low, decided to take profit…. 😀

Buy @ $0.50, $0.495

Used 2 different accounts to buy. Give me a choice of both long term and short term strategies to choose from.

Q4 results will be out in end-Feb (28-Feb last year). I'm expecting UMS to maintain Div = 2ct for a total of 5ct / year. 9M EPS = 4.95ct and even though Q4 EPS is expected to be not too good from their guidance, I'm not expecting a Loss. The Positive for their Industry is BB >1 for Nov-14, after being <1 for Sep-14 & Oct-14. Further, the Bookings is +10% after the low of Oct-14. Hopefully, that's the bottom… we'll know soon when Dec-14 BB is released on 23-Jan…. 😀

Sell @ $0.51

Was happy to sell @ $0.49 as it met my original intention of short term profit fm 1 bid. However, the mkt reaction to Japan's decision announcement to "print more money" was very strong… STI almost +40… and decided to hold back till prices stopped rising… 😀

Buy @ $0.485

Big drop today, -3ct! Range 47ct to 51ct ; Vol = 3,891,000. Tried to Jump-Q for 48ct but failed at the last minute…

Am betting it's not CEO as his sell down in the past is more merciless.. Further, am betting it's the Blackout period now with reference to last year (13-Nov) ie. 30 days before results release. The coming Q3 results is expected to be weak, based on their forward statement. But, am expecting them to maintain their 1ct div. Will trade on short term rebound tho'…. 😀

Sell @ $0.57

Contra off. Make some kopi-$$ on a short term bet that BB stays above 1…. 😀