UMS Holdings

[valuebuddies]

Be fearful when others are greedy, I am getting worry now seeing so many others vested recently. Though I think the fundamentals of UMS remain solid and prospects still looking good, I can't think of a reason why the management did not put up a clarification on the recent sales as what it did before. And I do agree that in terms of tech companies, when you have good years, you should expect the bad years coming quietly. This actually stops me from adding more now but prepare to let go some when price goes up a bit more.

[orangetea]

Be fearful when others are greedy, I am getting worry now seeing so many others vested recently. Though I think the fundamentals of UMS remain solid and prospects still looking good, I can't think of a reason why the management did not put up a clarification on the recent sales as what it did before. And I do agree that in terms of tech companies, when you have good years, you should expect the bad years coming quietly. This actually stops me from adding more now but prepare to let go some when price goes up a bit more.

Cause there's the "falling knife club" to confide in?

The way i see the fearful when greedy... Is usually applicable when prices are escalating....
The fall in prices since XB is the blood and is buying opportunity.

As usual, the DYODD applies. (Though i admit If valuated using valuations, for now it is yiel)d, it is supported by a good dividend yield which 'should' support prices - for now...

[Tiggerbee]

From what I saw in yesterday's price action, trading was fairly slow in the morning until someone started buying big lots of UMS at 55.5c. Then more buyers jumped in and pushed the stock to 57c in a matter of minutes. There was heavy volume traded at 57-58.5, which likely indicated that buying interest is back as those who had been sitting on the fence started to jump in again in fear of missing out the bargain. There were more than 1200 lots traded at 57c during the last few minutes of trading, as short term traders exited.

[greengiraffe]

From what I saw in yesterday's price action, trading was fairly slow in the morning until someone started buying big lots of UMS at 55.5c. Then more buyers jumped in and pushed the stock to 57c in a matter of minutes. There was heavy volume traded at 57-58.5, which likely indicated that buying interest is back as those who had been sitting on the fence started to jump in again in fear of missing out the bargain. There were more than 1200 lots traded at 57c during the last few minutes of trading, as short term traders exited.

Morgan Stanley is the selling broker at pre-close yesterday. Understand from a friend that is familiar with UMS that AMAT's shares are parked under Morgan Stanley nominees.

Given that AMAT's bonus shares are likely to be around 5m shares and bonus shares have been trading for 3 days, there is a good chance that AMAT would have cleared all their holdings in UMS as well.

Guesstimates
GG

[Tiggerbee]

Haha.. I was tempted to buy 1 lot during pre closing to see the identity of the counter party selling more than 1000 lots at 57c. Yes, it's very likely that AMAT had sold all their UMS shares by now.

[GPD]

Does anyone know if one can obtain live data of the shareholding statistics?

[Tiggerbee]

You can get ownership of institutions and funds in Morningstar. But not insiders or major private investors.

[orangetea]

You can get ownership of institutions and funds in Morningstar. But not insiders or major private investors.

I think these ownership are not current and likely only updated when the agm or announcements are made from IR.

[Tiggerbee]

Nope. I believe the updates can be monthly or quarterly (month end or quarter end) as shown by the data. Have you check the data on Morningstar yourself?

Aside from declaration from substantial share holders' sale that are available from HKSE web site, it believe Morningstar also keep tracks of purchases and buys by funds and institutions through their monthly or quarterly updates.

[orangetea]

Nope. I believe the updates can be monthly or quarterly (month end or quarter end) as shown by the data. Have you check the data on Morningstar yourself? Aside from declaration from substantial share holders' sale that are available from HKSE web site, it believe Morningstar also keep tracks of purchases and buys by funds and institutions through their monthly or quarterly updates.

Yes i have check on other companies holdings on morningstar (not on UMS yet) but it seems dated and usually by the time the buying and selling has been done, we are a good few paces late.
So not much difference to even follow the big buys and sells.

The more important point is to recognise value and buy it ourselves regardless aberdeen or other well know fund house transacts (which i see if institution buys is simply to console ourselves we are in the right direction even when price plunges)