| Date | Analyst | Company | Last | Target | Call | Valuation |
| 02/26/19 | DBS Vickers | UMS | 0.71 | 0.55 | Fully Valued | PER8x FY19 |
| 02/28/19 | CIMB | UMS | 0.74 | 0.62 | Reduce | PB1.37x CY19 |
| 05/14/19 | DBS Vickers | UMS | 0.615 | 0.55 | Fully Valued | PER8x FY19 |
| 05/16/19 | DBS Vickers | UMS | 0.64 | 0.45 | Fully Valued | PER8x FY19/20 |
| 05/21/19 | CIMB | UMS | 0.62 | 0.55 | Reduce |
Wednesday, July 3, 2019
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