UMS Holdings

[Boon]

DMG has initiated coverage with a 21 pg report on UMS titled - Dividend Proxy To Looming Sector Revival (BUY: 71 cents TP)

https://groups.google.com/group/brokerag...authuser=0 [Download Report]

(Vested)

Nick,

Thanks for the link. It seems like DMG is more bullish than CIMB (June 03 report ) in its projections. However, none of them is "bullish" enough to project a dividend payout of more than 5 cents. Ha-ha !

Also, both houses did not even mention the potential benefits of the wafer size transition from 300 mm to 450 mm, expected to happen around 2016/2017.

(vested)