UMEDIC GROUP BERHAD

KLSE (MYR): UMC (0256)

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Last Price

0.625

Today's Change

0.00 (0.00%)

Day's Change

0.61 - 0.63

Trading Volume

80,700


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196 comment(s). Last comment by Noobinvestor99 2024-09-03 10:39

roger3210

5,151 posts

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

Quarter result to be announced very soon. be cautious

Ramesh88

37 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

97 posts

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

Post removed.Why?

Rose001

97 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

32 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

37 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

Cptzer0

32 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 > 2024-03-29 16:20 | 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 > 2024-03-29 16:21 | 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

118 posts

Posted by silentWolf > 2024-04-04 09:04 | Report Abuse

T-price 0.64 , high price 0.66

Cptzer0

32 posts

Posted by Cptzer0 > 2024-04-05 15:26 | Report Abuse

keep monitor....

vijay99

74 posts

Posted by vijay99 > 2024-04-23 17:00 | Report Abuse

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

vijay99

74 posts

Posted by vijay99 > 2024-04-24 10:25 | 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

74 posts

Posted by vijay99 > 2024-04-24 12:12 | 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

32 posts

Posted by Cptzer0 > 2024-04-25 17:46 | Report Abuse

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

Flykite

113 posts

Posted by Flykite > 2024-05-09 17:17 | Report Abuse

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

Ramesh88

37 posts

Posted by Ramesh88 > 2024-05-14 11:38 | Report Abuse

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

Ramesh88

37 posts

Posted by Ramesh88 > 2024-05-14 15:05 | Report Abuse

Needs more power to next level....

Posted by eugenewong794 > 2024-05-14 18:13 | 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

37 posts

Posted by Ramesh88 > 2024-05-14 21:50 | Report Abuse

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

Posted by legendmonkey > 2024-05-15 14:59 | Report Abuse

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

Rose001

97 posts

Posted by Rose001 > 2024-05-16 12:07 |

Post removed.Why?

Rose001

97 posts

Posted by Rose001 > 2024-05-17 10:49 | Report Abuse

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

Ramesh88

37 posts

Posted by Ramesh88 > 2024-06-06 15:51 | Report Abuse

I think results coming out below expectation ....

Ramesh88

37 posts

Posted by Ramesh88 > 2024-06-06 16:46 | Report Abuse

Yes agreed ... HLIB

Michael Kwok

6,476 posts

Posted by Michael Kwok > 2024-06-06 19:43 | Report Abuse

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

Ramesh88

37 posts

Posted by Ramesh88 > 2024-06-14 14:42 | Report Abuse

🤣

Ramesh88

37 posts

Posted by Ramesh88 > 2024-06-14 16:08 | Report Abuse

No words and hope for this counter...

Ramesh88

37 posts

Posted by Ramesh88 > 2024-06-26 10:51 | Report Abuse

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

Waller

142 posts

Posted by Waller > 2024-07-22 12:17 | Report Abuse

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

fruitcake

901 posts

Posted by fruitcake > 2024-07-29 16:57 | Report Abuse

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

DividendGuy67

1,125 posts

Posted by DividendGuy67 > 2024-07-29 19:12 | Report Abuse

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?

DividendGuy67

1,125 posts

Posted by DividendGuy67 > 2024-07-29 19:15 | Report Abuse

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.

DividendGuy67

1,125 posts

Posted by DividendGuy67 > 2024-07-29 19:16 | Report Abuse

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.

Ramesh88

37 posts

Posted by Ramesh88 > 2024-08-07 11:13 | Report Abuse

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

Waller

142 posts

Posted by Waller > 2024-08-09 20:02 | Report Abuse

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

Posted by Noobinvestor99 > 2024-09-03 10:39 | Report Abuse

Any new TP on this stock?

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