UMS Holdings

[yenyenpark]

All newbies buying!! What about the sifus and laojiaos? I tempted to add also but think the sell down might not end yet.

EDIT: I mean forum newbies who might be already very familiar with value investing

Sorry, to play devil's advocate here...

So far the posts i read are trying to justify the character of the CEO and the relationship betwen UMS & their only customer - Fair enough
(But no release of info by company despite the price plunge is not very investor friendly - though they have 2 working days to mandatory disclosure - and why is SGX not asking too is another "?")

I think what is missing here is what is the price this company is valued at.
Because as value investors, we have the holding power, to buy regardless of the manic mr market selling.

Of course, it is human instincts to buy at the lowest possible.

Since blood is already on the street for this company share price (To quote buffett), the question is it a worth while buy to which we will understand how the company is run and someday be run by idiots.

I do hope to see some disclosure prompted by SGX taking the lead.

i doubt SGX will do anything.. the price surges, SGX never query.. so why are they query when it drops.. since the shareholders already announced paring their stakes..