UMEDIC GROUP BERHAD

KLSE (MYR): UMC (0256)

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Last Price

0.70

Today's Change

0.00 (0.00%)

Day's Change

0.695 - 0.71

Trading Volume

306,800


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195 comment(s). Last comment by Ramesh88 6 days ago

roger3210

4,969 posts

Posted by roger3210 > 2023-09-06 12:37 | Report Abuse

Quarter result to be announced very soon. be cautious

Ramesh88

34 posts

Posted by Ramesh88 > 2023-09-12 13:57 | Report Abuse

Results out already...

amateurJR

2,366 posts

Posted by amateurJR > 2023-09-15 09:50 | Report Abuse

Next year fengshui theme will benefit this company

Posted by eugenewong794 > 2024-03-10 12:14 | Report Abuse

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

Rose001

62 posts

Posted by Rose001 > 2024-03-10 22:40 | Report Abuse

gogogo... https://youtu.be/nlzBL5h-sg4

Rose001

62 posts

Posted by Rose001 > 2024-03-11 14:23 | Report Abuse

its quarterly result is out, not so good

Posted by eugenewong794 > 2024-03-11 14:29 | Report Abuse

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

Cptzer0

23 posts

Posted by Cptzer0 > 2024-03-11 17:41 | Report Abuse

result is acceptable, price didn't drop much also

Remnant17

69 posts

Posted by Remnant17 > 2024-03-12 08:52 | Report Abuse

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.

Remnant17

69 posts

Posted by Remnant17 > 2024-03-15 08:54 | Report Abuse

Can collect

Ramesh88

34 posts

Posted by Ramesh88 > 2024-03-18 11:03 | Report Abuse

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

Remnant17

69 posts

Posted by Remnant17 > 2024-03-20 11:16 | Report Abuse

Just collect, cheap

iQie

759 posts

Posted by iQie > 2024-03-20 15:20 | Report Abuse

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

Cptzer0

23 posts

Posted by Cptzer0 > 2024-03-20 16:14 | Report Abuse

buy when go lower...

Remnant17

69 posts

Posted by Remnant17 > 2024-03-21 14:25 | Report Abuse

(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.

Remnant17

69 posts

Posted by Remnant17 > 2 months ago | Report Abuse

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

Remnant17

69 posts

Posted by Remnant17 > 2 months ago | Report Abuse

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

silentWolf

117 posts

Posted by silentWolf > 2 months ago | Report Abuse

T-price 0.64 , high price 0.66

Cptzer0

23 posts

Posted by Cptzer0 > 2 months ago | Report Abuse

keep monitor....

iQie

759 posts

Posted by iQie > 2 months ago | Report Abuse

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.

iQie

759 posts

Posted by iQie > 1 month ago | Report Abuse

Engine start.. hope this week can close @0.70.

TP 0.91.

vijay99

70 posts

Posted by vijay99 > 1 month ago | Report Abuse

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

iQie

759 posts

Posted by iQie > 1 month ago | Report Abuse

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.

vijay99

70 posts

Posted by vijay99 > 1 month ago | Report Abuse

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.

vijay99

70 posts

Posted by vijay99 > 1 month ago | Report Abuse

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

Cptzer0

23 posts

Posted by Cptzer0 > 1 month ago | Report Abuse

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

iQie

759 posts

Posted by iQie > 1 month ago | Report Abuse

Philip Capital TP 1.08 !

To the Moon..

Flykite

110 posts

Posted by Flykite > 1 month ago | Report Abuse

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

Ramesh88

34 posts

Posted by Ramesh88 > 1 month ago | Report Abuse

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

Ramesh88

34 posts

Posted by Ramesh88 > 1 month ago | Report Abuse

Needs more power to next level....

Posted by eugenewong794 > 1 month ago | Report Abuse

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

Ramesh88

34 posts

Posted by Ramesh88 > 1 month ago | Report Abuse

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

Posted by legendmonkey > 1 month ago | Report Abuse

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

Rose001

62 posts

Posted by Rose001 > 1 month ago | Report Abuse

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

fruitcake

766 posts

Posted by fruitcake > 4 weeks ago | Report Abuse

https://theedgemalaysia.com/node/712440 buy UMC???

fruitcake

766 posts

Posted by fruitcake > 2 weeks ago | Report Abuse

very weak. will head south

Ramesh88

34 posts

Posted by Ramesh88 > 2 weeks ago | Report Abuse

I think results coming out below expectation ....

Ramesh88

34 posts

Posted by Ramesh88 > 2 weeks ago | Report Abuse

Yes agreed ... HLIB

Michael Kwok

6,180 posts

Posted by Michael Kwok > 2 weeks ago | Report Abuse

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

fruitcake

766 posts

Posted by fruitcake > 1 week ago | Report Abuse

still sails south

fruitcake

766 posts

Posted by fruitcake > 1 week ago | Report Abuse

greenier pasture dpharma?? 😂🤣

fruitcake

766 posts

Posted by fruitcake > 6 days ago | Report Abuse

FALSE START

Ramesh88

34 posts

Posted by Ramesh88 > 6 days ago | Report Abuse

🤣

Ramesh88

34 posts

Posted by Ramesh88 > 6 days ago | Report Abuse

No words and hope for this counter...

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