UMEDIC GROUP BERHAD

KLSE (MYR): UMC (0256)

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Last Price

0.62

Today's Change

+0.01 (1.64%)

Day's Change

0.605 - 0.62

Trading Volume

76,900

Changes
Ann. Date Date Type Name Title View
Discussions
Be the first to like this. Showing 50 of 199 comments

Ramesh88

Anytime soon...

2023-09-06 12:13

roger3210

Quarter result to be announced very soon. be cautious

2023-09-06 12:37

Ramesh88

Results out already...

2023-09-12 13:57

amateurJR

Next year fengshui theme will benefit this company

2023-09-15 09:50

eugenewong794

Late QR? hopefully a surprise good result, the ceo is optimistic about the company, but as they have foreign cilents, profits made in FX should increase as MYR is depreciating

2024-03-10 12:14

Rose001

Post removed.Why?

2024-03-10 22:40

Rose001

its quarterly result is out, not so good

2024-03-11 14:23

eugenewong794

Share price likely bearish in short term, but prospects still good and transer to main market is progressing well, they are nett cash position and little debt

2024-03-11 14:29

Cptzer0

result is acceptable, price didn't drop much also

2024-03-11 17:41

Remnant17

High chance this will RISE from today.

KUALA LUMPUR (March 12): Phillip Capital has maintained its “buy” rating on UMediC Group Bhd at 66 sen with a higher target price (TP) of RM1.08 (from 87 sen) and said UMediC’s 6MFY24 core net profit of RM5.3 million (+7.8% y-o-y) was in line with house forecast but missed consensus estimates.
In a note on Tuesday, the research house said the sequential earnings improvement was mainly driven by better margins from the manufacturing and distribution segments.
“We raise our target price to RM1.08 (from 87 sen) after rolling forward our valuation horizon to FY25, based on unchanged 25x PE multiple.

“We expect the commencement of new factory and product launches to drive stronger earnings delivery ahead.
“Key risks include slowdown in medical equipment demand, and the loss of license,” it said.

2024-03-12 08:52

Remnant17

Can collect

2024-03-15 08:54

Ramesh88

What happened to this stock...Every week only selling and there is no buying....

2024-03-18 11:03

Remnant17

Just collect, cheap

2024-03-20 11:16

iQie

Collect sikit sikit.. nanti kilang siap, double production..bila transfer main market baru ramai berminat share ni..

2024-03-20 15:20

Cptzer0

buy when go lower...

2024-03-20 16:14

Remnant17

(UMC) transition to the main market is progressing well on track, according to executive director/chief executive officer Lim Taw Seong.

“We believe that this strategical move is poised to unlock vast new opportunities for us to further growth and expand which underscores our continuous commitment in bringing excellence towards healthcare catering to the evolving needs of the industry,” Lim said in a statement.


“As we continue to expand, we have also started to ramp up our efforts by strengthening our workforce in anticipation of the imminent launch of our new facility slated to commence production in the coming months.

“The new factory will not only double our manufacturing capabilities but also enable us to meet the rising demand for medical consumables globally enabling us to better grow our regional footprint and propel us to new heights,” he added.

2024-03-21 14:25

Remnant17

Added like crazy, no sweat man. So cheap...keep for children or charity . Cheers and all the best to diamond hands holders!

2024-03-29 16:20

Remnant17

Already double check with consultants, its just being cool and not be swayed by nay sayers .. so be rest assured diamond hands holders!

2024-03-29 16:21

silentWolf

T-price 0.64 , high price 0.66

2024-04-04 09:04

Cptzer0

keep monitor....

2024-04-05 15:26

iQie

Below 0.68 Sauk je..

Most Bumi/Islamic fund beli harga offer pada 0.68, untuk pastikan layak syarat kuota bumiputera untuk transfer ke main board..

Boleh check annual report, sudah ada beberapa Islamic /Bumi fund jadi antara 30 Pemegang saham terbesar syarikat.

2024-04-05 18:58

vijay99

when the transfer to main market will happen ? i think easily can reach RM1 in weeks

2024-04-23 17:00

iQie

I think tomorrow..

On behalf of the Board, Affin Hwang IB wishes to announce that Bursa Securities had, vide its letter dated 18 April 2024, approved the Transfer under the "Health Care" sector.

The Transfer will take effect immediately two (2) market days upon the announcement to Bursa Securities on the transfer date via Bursa Link.


This announcement is dated 18 April 2024.

2024-04-23 17:43

vijay99

annoucement dated 18th April meaning its thursday....2 market days means friday and monday , so tuesday should have been transferred , but today wednesday meaning 4th day already...maybe need to wait further annoucements.

2024-04-24 10:25

vijay99

its 2 market days upon annoucement on the transfer date to Bursa...so i think Umedic need to inform the intended transfer date to Bursa first...and after that , 2 days from the date Umedic inform Bursa kot

2024-04-24 12:12

Cptzer0

Congrats, transfering to main board on 29 april, not march la

2024-04-25 17:46

Flykite

Cannot move. Not much volume. Not eager to push up.

2024-05-09 17:17

Ramesh88

start moving and hope all the way .....

2024-05-14 11:38

Ramesh88

Needs more power to next level....

2024-05-14 15:05

eugenewong794

At this valuation, the company needs to prove its able to grow at a double digit CAGR in order to justify it, if they cant the share price will fall off a cliff and they might not deserve such a high valuation

2024-05-14 18:13

Ramesh88

HLIB raised the target price and advising to accumulate this stock .

2024-05-14 21:50

legendmonkey

UMC might benefit from the tariff impose by USA on China. Buy before it surge !

2024-05-15 14:59

Rose001

Post removed.Why?

2024-05-16 12:07

Rose001

@whkwoon yes but only members can get to watch it :(

2024-05-17 10:49

Ramesh88

I think results coming out below expectation ....

2024-06-06 15:51

Ramesh88

Yes agreed ... HLIB

2024-06-06 16:46

Michael Kwok

Sell call umc 69.5
Tp 50 cents range a while then see.
6/6/24 7.44pm

2024-06-06 19:43

Ramesh88

🤣

2024-06-14 14:42

Ramesh88

No words and hope for this counter...

2024-06-14 16:08

Ramesh88

What happened to this stock and HLIB is still recommending to buy and accumulate ...

2024-06-26 10:51

Waller

Revenue declined slightly only. It's still more than Rm10 mil

2024-07-22 12:17

fruitcake

hlib buy = sell. same for focusp, mnhldg. i said umc heading southbound many weeks ago

2024-07-29 16:57

DividendGuy67

Fwiw, 25 days ago, I published an article showing where I thought was the Accumulation Zone, which was what I had drawn - I thought it could be within 0.62-0.63. So, I queued to buy at 0.63 and today, my trade was executed. Today's low is 0.625. My position size is small, less than 1% capital, as I consider this a C-grade trade. Nevertheless, good to have skin in the game.

Just curious, did anyone else saw my article and took action?

2024-07-29 19:12

DividendGuy67

I note today's range is reasonably wide - 0.625 to 0.655. Price range like this is likely to fool a lot of day traders, or those watching price ticks whilst market is trading. Many times in my past life, I watched price tickers during the day, and got fooled to change my orders to chase. However, nowadays, I just leave it and don't watch price ticks. More often than not, when we don't chase, when we don't care what the outcome of the trade will be, we get better fills, better trading results, better outcome to the growth of our accounts.

2024-07-29 19:15

DividendGuy67

For this type of chart, precision matters. I can still be wrong. Price is still downtrending. If it breaks support, then, nothing to do, until price stabilizes. Now, I just follow my plan and queue to sell at what I think will be the Selling Zone and ignore everything else. Plan the trade and trade the plan. Everything else is noise.

2024-07-29 19:16

Ramesh88

No rebound yet, any hope for this stock since HLIB is promoting to accumulate this stock to their customers.....

2024-08-07 11:13

Waller

I guess it will shoot up when it transfers to main board ..

2024-08-09 20:02

Noobinvestor99

Any new TP on this stock?

2 months ago

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