UMW HOLDINGS BHD

KLSE (MYR): UMW (4588)

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Last Price

4.77

Today's Change

-0.13 (2.65%)

Day's Change

4.76 - 4.86

Trading Volume

2,807,900

Technical Analysis

Technical analysis is a means of examining and predicting price movements in the financial markets, by using historical price charts and market statistics.

Popular technical indicators such as moving averages, relative strength index, William R%, Money Flow Index, Percentage Price Oscillator, Moving Average Convergence-Divergence and Stochastic Oscillator are used to analyze the trend, momentum and strength of a stock.

Simple Moving Average

Name

Value

Variance

SMA10

4.444

-0.344 | -8%

SMA10

4.444

-0.344 | -8%

SMA10

4.444

-0.344 | -8%

SMA10

4.444

-0.344 | -8%

SMA10

4.444

-0.344 | -8%

SMA10

4.444

-0.344 | -8%

SMA10

4.444

-0.344 | -8%

SMA10

4.444

-0.344 | -8%

SMA10

4.444

-0.344 | -8%

SMA10

4.444

-0.344 | -8%

Exponential Moving Average

Name

Value

Variance

EMA10

4.372

-0.272 | -6%

EMA10

4.372

-0.272 | -6%

EMA10

4.372

-0.272 | -6%

EMA10

4.372

-0.272 | -6%

EMA10

4.372

-0.272 | -6%

EMA10

4.372

-0.272 | -6%

EMA10

4.372

-0.272 | -6%

EMA10

4.372

-0.272 | -6%

EMA10

4.372

-0.272 | -6%

EMA10

4.372

-0.272 | -6%

Relative Strength Index

Name

Value

RSI 9

6.604

RSI 9

6.604

RSI 9

6.604

Percentage Price Oscillator

Name

PPO

Signal

Variance

5,35,5

-12.07

-10.37

-1.70 | -16%

5,35,5

-12.07

-10.37

-1.70 | -16%

William %R

Name

Value

%R-9

-88.496%

%R-9

-88.496%

%R-9

-88.496%

Moving Average Convergence-Divergence

Name

PPO

Signal

Variance

5,35,5

-12.07

-10.37

-1.70 | -16%

5,35,5

-12.07

-10.37

-1.70 | -16%

Money Flow Index

Name

Value

MFI-9

6.348

MFI-9

6.348

MFI-9

6.348

Stochastic Oscillator

%K (Fast)

6.348

%K (Fast)

6.348

%K (Fast)

6.348

%K (Fast)

6.348

Rate of Change

Name

Value

MFI-21

29.833

MFI-21

29.833

MFI-21

29.833

MFI-21

29.833

Discussions
4 people like this. Showing 50 of 2,177 comments

LG1331

Since UMW will be delisted, what will happen to those who bought UMW shares?

1 month ago

zenpaw04

Wait for news...

1 month ago

Rio2814

Thank you so much guys .... already sold this morning. Cepat keluar.

1 month ago

mf

2023-08-24

Insider

EMPLOYEES PROVIDENT FUND BOARD (a substantial shareholder) disposed 137,500 shares on 21-Aug-2023.

1 month ago

jack2

EPF can cash out at good price and pay higher dividend next year

1 month ago

Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥

SIME is extending a Mandatory General Offer (MGO) for UMW shares at RM5.00 per piece, following its proposed acquisition of a 61.18% stake in UMW from Permodalan Nasional Berhad (PNB) and Amanahraya Trustees Berhad (ART) for RM3,574m or RM5.00 per share in cash. We recommend ACCEPT OFFER as we believe the MGO price is a good exit price for minority shareholders.

SIME takes over UMW. SIME (OP; TP: RM2.40) has proposed to acquire 61.18% stake of UMW from PNB and ART for RM3,574m or RM5.00 per share cash (8% premium to the last traded price of RM4.62). In accordance with the Malaysian Code on Take-overs and Mergers, SIME will undertake a mandatory general offer (MGO) for the remaining shares it does not own in UMW Holdings Berhad from minority shareholders at RM5.00 per share in cash as well, valuing the whole deal at RM5,841.5m. SIME does not intend to maintain the listing status of UMW. The proposed acquisition and MGO is expected to be completed by 4QCY23 and 1QCY24, respectively.

Acquisition PER of 13.2x and PBV of 1.2x.

1 month ago

LG1331

So is it a wiser choice to hold or just sell it now?

1 month ago

Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥

You can either sell now and reinvest into another stock.
Alternatively, you can wait for Sime Darby to take your share at RM 5.00 at a not too distant future date.

1 month ago

Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥

Note that SIME does not intent to maintain the listing status of UMW.
UMW was just performing better the last 1 year or so, and alas, its taken over by another company.

1 month ago

hw0706

The hurdle is the japanese. Do there agreed. Maybe alresdy discussed before announce the deal...

1 month ago

Syndicates

if japanese is an issue, it would have been happened long time ago. both UMW and SIME are owned by PNB, if their strategic partners don't like it, why their partnership exists at first place?

1 month ago

ChloeTai

The process of Sime Darby taking over UMW to be cimpleted by 4th quarter this year 2023. The process of MGO (Mandatory General Offer) to be completed by 1st quarter next year 2024. Still a long way to go.

1 month ago

hw0706

4.66

1 month ago

hw0706

DROP BELOW 4.00 IS THE BEST

1 month ago

hw0706

IF the japanese do nto agree tan the deal maybe call off. so the risk is there...

1 month ago

ChloeTai

Japanese (Toyota) do not agree with the takeover? Then please go down to < 4.00. I will shift to Bplant.

1 month ago

ChloeTai

Sime Darby to Acquire UMW
Deal Will Cement Group's Position as Malaysia's Leading Automotive Player

Sime Darby Berhad (“Sime Darby”) today announced that it has entered into a conditional share purchase agreement (“SPA”) with Permodalan Nasional Berhad (“PNB”) to acquire PNB’s 61.2% stake in UMW Holdings Berhad (“UMW”), a well-established conglomerate with a diverse portfolio of businesses including automotive, equipment, aerospace and manufacturing & engineering (M&E) segments.

Under the terms of the agreement, Sime Darby will purchase PNB’s 61.2% stake for a total cash consideration of RM3.57 billion or RM5.00 per share. Once the agreement becomes unconditional, Sime Darby will be making a general offer for the remaining 38.8% stake that it does not hold with the aim of delisting UMW from Bursa Malaysia.
“This is a strategic move to further scale up and strengthen our presence in the Malaysian automotive sector, adding two highly performing brands into our Malaysian portfolio – Toyota and Perodua. The deal will cement Sime Darby’s position as Malaysia’s leading automotive player,” said Dato’ Jeffri Salim Davidson, Sime Darby Berhad’s Group Chief Executive Officer. "As a partner of choice to some of the most admired brands in the automotive sector, we are very excited to have the opportunity to work with Toyota, one of the world’s largest and most respected automakers.”

The acquisition is accretive to Sime Darby’s earnings per share and will enhance Sime Darby’s shareholders return.
Sime Darby expects the acquisition of PNB’s stake to be completed within 3 months from the date of SPA subject to regulatory and shareholders’ approvals and customary closing conditions.


For further information, please contact:

Kadir Danial Kadir Roslan
Kadir.Danial@edelmansmithfield.com
0192220296

Aishah Afandi
Aishah.Afandi@edelmansmithfield.com
0164466747

1 month ago

ChloeTai

@kokchengkai, nothing to worry one. Sime and UMW are established companies. Everything will run smoothly.
At this moment, Bplant is left with only 2 sen premium but UMW premium has widen to RM0.40. Need a lot of mental strength.

1 month ago

ChloeTai


From : calvintaneng

Normally, the final last trading day will eventually be near to offer price.

But those who did not sell will get payment as stated unless revised higher.

For Tmakmur:
MGO was Rm1.80,
but at the end, the price was raised to RM1.90.

For TheStore :
MGO was Rm3.52,
later MGO was revised up to RM3.70.

The final price for THESTORE was RM4.00.


Can the MGO for UMW be raised to above RM5.00? Hopefully...🙂

1 month ago

FinanceInRealLife

What is Perodua's worth?

1 month ago

hhhiii123

let's hope for special dividend, wakaka

1 month ago

Dakewlest

Anyone buying?

4 weeks ago

kokchengkai

Dakeslest if ikan bilis i guess buying is less coz left not much meat in the pond if offer price RM5.00 .mayb Sime or related party is busying collecting less than RM5 ticket to reduce the MGO kos

4 weeks ago

kokchengkai

hhhiii123 if got special dividend then Sime directly earn kaw kaw hahaha,so shift to SIME oso a good deal if SIME price still under 2.30

4 weeks ago

Attaaaaaack

Good Morning everyone, SIME might be heading towards 2.40 by mid of the month, lai lai fater get ur tickets..😎

3 weeks ago

kokchengkai

hopefully UMW one more time dividen before accept RM5 offer in year end

3 weeks ago

ChloeTai

Based on UMW superb 2n quater results, I hope Sime Darby could raise the MGO price to RM5.10.

3 weeks ago

hw0706

UMW at least is worth 7++

3 weeks ago

hhhiii123

@kokcheng, i own both Sime and UMW, espically SIME with good profit, wakaka

3 weeks ago

ChloeTai

Rough Estimate of the Time Taken to Complete the Whole Process of Sime Darby Privatising UMW
24.08.2023 –Sime Darby announced that it will take over UMW.
12.10.2023 – Notice of conditional voluntary take-over offer from Sime Darby after EGM.
06.11.2023 – Offer document (RM5.00 per lot) will be posted to UMW shareholders.
26.11.2023 – UMW shareholders have to sign and agree to take the offer of RM5.00 and send back to Sime Darby (Registrar – Tricor Investor & Issuing House Services Sdn Bhd).

26.12.2023 – Sime Darby must get at least 90% acceptance within 1 month.
26.01.2024 – UMW shareholders to get cash via CDS registered bank account for the UMW shares sold to Sime Darby.

3 weeks ago

ChloeTai

Rough Estimate of the Time Taken to Complete the Whole Process of Sime Darby Privatizing UMW (Revised)
24.08.2023 –Sime Darby announced that it will take over UMW.
16.11.2023 – EGM
27.11.2023 – Notice of conditional voluntary take-over offer from Sime Darby after EGM.
06.12.2023 – Offer document (RM5.00 per lot) will be posted to UMW shareholders.
06.01.2024 – UMW shareholders have to sign and agree to take the offer of RM5.00 and send back to Sime Darby (Registrar – Tricor Investor & Issuing House Services Sdn Bhd).

06.01.2024 – Sime Darby must get at least 90% acceptance within 3 weeks to 1 month.
06.02.2024 – UMW shareholders to get cash via CDS registered bank account for the UMW shares sold to Sime Darby.

2 weeks ago

hhhiii123

AMBANk keep buy at 5.79 and sell at 5.81, such dirty trick to push down the price, special dividend should be announced soon.

1 week ago

ChloeTai

AMBANK is representing UMW while CIMB is representing SIME in the process of SIME taking over UMW.

1 week ago

ChloeTai

The takeover offer price is RM5.00 per UMW share. At this moment, UMW is trading at an average price of RM4.77.

1 week ago

ChloeTai

I think hhhiii123 typed wrongly. The 5.79 should be 4.79 (UMW price). The 5.81 should be 4.81 (UMW price).

1 week ago

Paul Tan

what a weird spike to 4.9

2 days ago

kokchengkai

EPF buy for what??? if offer price is RM5 mean profit is less than 4% if minus trade charge

2 days ago

kokchengkai

Paul Tan jst moving between 4.7 to 5.00 this area .today up,tmr mayb drop until december mayb close to RM5.00 then stop moving hahaha

2 days ago

hhhiii123

Special dividend incoming?

2 days ago

Paul Tan

the spread looks abnormally big lol

2 days ago

ChloeTai

Sime Darby announced that they will be having an AGM to seek share holders approval for taking over UMW.

1 day ago

hw0706

DEAL OFF

1 day ago

soon9913

deal off should be limit down ady... drop 10cents for what

9 hours ago

soon9913

hopefully the company could declare div as usual in coming quarter...

9 hours ago

speakup

hw0706 want u sell cheap to him

9 hours ago

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