$UMS (558.SG)$
https://www.zaobao.com.sg/finance/singapore/story20220527-1276762
UMS Holdings
Recommendation: Buy
Target Price: 1.45 yuan
Closing Price: 1.14 yuan (no change)
The group's first quarter revenue this year was 84.7 million yuan, a 70.8% year-on-year increase; net profit was 19.4 million yuan, a 26% year-on-year increase. The performance growth was mainly due to the strong demand for semiconductors in the market, as well as the revenue from JEP, a subsidiary acquired last year. Specifically, semiconductor revenue increased by 57% year-on-year to 73.3 million yuan, while aviation, aerospace, and other businesses amounted to 11.4 million yuan.
The group has net cash of 47 million yuan. Among them, operating cash flow is 24.7 million yuan, and free cash flow is 18.7 million new yuan. The company will distribute a dividend of 1 cent per share.
In addition, the new factory in Malaysia is expected to be completed in the third quarter of this year, with full production expected in the fourth quarter. (Report by Great Wall Research)
https://www.zaobao.com.sg/finance/singapore/story20220527-1276762
UMS Holdings
Recommendation: Buy
Target Price: 1.45 yuan
Closing Price: 1.14 yuan (no change)
The group's first quarter revenue this year was 84.7 million yuan, a 70.8% year-on-year increase; net profit was 19.4 million yuan, a 26% year-on-year increase. The performance growth was mainly due to the strong demand for semiconductors in the market, as well as the revenue from JEP, a subsidiary acquired last year. Specifically, semiconductor revenue increased by 57% year-on-year to 73.3 million yuan, while aviation, aerospace, and other businesses amounted to 11.4 million yuan.
The group has net cash of 47 million yuan. Among them, operating cash flow is 24.7 million yuan, and free cash flow is 18.7 million new yuan. The company will distribute a dividend of 1 cent per share.
In addition, the new factory in Malaysia is expected to be completed in the third quarter of this year, with full production expected in the fourth quarter. (Report by Great Wall Research)
Translated
2
$MarcoPolo Marine (5LY.SG)$
Marco Baltic Industries
(Marco Polo Marine)
Suggestion: Buy
Target price: 0.038 yuan
Closing price: 0.029 yuan (no rise or fall)
Fiscal year 2021 was a very strong year, as the Group's fleet utilization rate was better than expected and the shipbuilding business improved. We like Marco Baltic's lean operating structure after the restructuring, and believe the company will benefit from active operating leverage.
Marco Baltic's efforts to diversify its business have also paid off. The group has successfully entered the renewable energy sector and is increasingly less dependent on oil and gas. Currently, Marco Baltic's two OSV charters are supporting wind farm development projects offshore in the Asia-Pacific region. After diversifying its business, the Group's ships have found new uses. This is a great opportunity for the group's fleet, especially in the face of the growing offshore wind energy industry in Asia.
In view of this, we continued to give the stock a “buy” rating and raised the target price slightly to 0.038 yuan.
(Dahua Jixian)
Marco Baltic Industries
(Marco Polo Marine)
Suggestion: Buy
Target price: 0.038 yuan
Closing price: 0.029 yuan (no rise or fall)
Fiscal year 2021 was a very strong year, as the Group's fleet utilization rate was better than expected and the shipbuilding business improved. We like Marco Baltic's lean operating structure after the restructuring, and believe the company will benefit from active operating leverage.
Marco Baltic's efforts to diversify its business have also paid off. The group has successfully entered the renewable energy sector and is increasingly less dependent on oil and gas. Currently, Marco Baltic's two OSV charters are supporting wind farm development projects offshore in the Asia-Pacific region. After diversifying its business, the Group's ships have found new uses. This is a great opportunity for the group's fleet, especially in the face of the growing offshore wind energy industry in Asia.
In view of this, we continued to give the stock a “buy” rating and raised the target price slightly to 0.038 yuan.
(Dahua Jixian)
Translated
1
$Q&M Dental (QC7.SG)$ what happen?
1
2