EY Entrepreneur Of The Year 2022 Awards SingaporeGrand Venture Technology goes from strength to strength Lim Hui Jie Published on Thu, Dec 01, 2022 / 3:50 PM GMT+8 / Updated 1 hours ago #block-block-319 .container_cta{ border-top: outset; border-bottom: inset; } A- A A+ ...

The Singapore research team at DBS Group Research, along with analysts Ling Lee Keng, Sachin Mittal and Jim Au, see that Chinese chip companies are likely to be the hardest hit in the ongoing chip war between the US and China.“Among Chinese companies, we see the most impact on chip manufacturers (...

MAYBANK Securities and UOB Kay Hian (UOBKH) have upgraded UMS Holdings to “buy” from “hold”, while raising their price targets on the semiconductor manufacturer after its Q3 FY2022 earnings exceeded their expectations.

Maybank Securities analyst Jarick Seet has upgraded UMS Holdings to “buy” after the company reported record revenue and profits for the 3QFY2022 and 9MFY2022 ended Sept 30.UMS Holdings released its results on Nov 11.According to Seet’s estimates, UMS’s revenue and patmi for the quarter excee...

MAYBANK Securities and UOB Kay Hian (UOBKH) have upgraded UMS Holdings to “buy” from “hold”, while raising their price targets on the semiconductor manufacturer after its <a href="https://www.businesstimes.com.sg/companies-markets/ums-q3-net-profit-jum... target="_blank&...

MAYBANK Securities has upgraded UMS Holdings to “buy” from “hold”, with a higher target price of S$1.34 from S$1.20 previously, after the semiconductor manufacturer’s <a href="https://www.businesstimes.com.sg/companies-markets/ums-q3-net-profit-jum... target="_blank&qu...

UMS Holdings has reported record revenue and profits for its 9MFY2022 ended 30 Sept at $271.4 million, marking the highest 9MFY2022 revenue the company has recorded since inception.This revenue figure beat the revenue achieved for the whole of FY2021 and compared to 9MFY2021, revenue for 9MFY2022 ro...

SEMICONDUCTOR company UMS Holdings on Friday (Nov 11) reported a 181 per cent increase in net profit for the third quarter on the back of stronger revenue.

Maybank Securities analyst Jarick Seet has downgraded the Singapore tech sector under his coverage from “positive” to “neutral”.While earnings can still be expected, the uncertain outlook and macro headwinds this coming year is a cause of concern.Except for Venture Corp, which still warrants...

CGS-CIMB Research analyst William Tng is of the opinion that most of the semiconductor-related companies on the Singapore Exchange (SGX) are well placed to weather the current semicon downturn.However, this sentiment does not apply to Grand Venture Technology (GVT), saying that it could see the larg...

Analysts from CGS-CIMB Research and UOB Kay Hian are remaining “overweight” on the tech manufacturing services sector despite the worsening operating environment.On Oct 7, the US Department of Commerce slapped additional restrictions on semiconductor (semicon) exports to China, adding to concern...

Analysts are downgrading its calls and target prices on UMS Holdings after its key customer, Applied Materials (AMAT) lowered its outlook for its 4QFY2022 ended October, on the back of export restrictions to China.Under the latest regulations, US companies must cease supplying Chinese chipmakers wit...

DBS Group Research analysts Yeo Kee Yan and Janice Chua believe that the 2QFY2022 performance of SGX-listed counters has “allayed” concerns of further lows.In a report dated Aug 24, the analysts write that the 2QFY2022 results season “debunked immediate slowdown concerns”, reflecting Singapo...

WITH UMS Holdings seeing strong order forecasts from its key customer, CGS-CIMB has raised its FY2022-2024 revenue forecasts for the semiconductor company by 6.9-14.2 per cent to result in a higher target price of S$2.03, from S$1.63 previously.

Despite slowdown warnings from both the global chip players and the industry research firms, the few key SGX-listed semiconductor plays such as AEM Holdings, UMS Holdings and Frencken Group have not only reported earnings growth, they have also given pretty positive outlooks.The share prices of AEM ...