UMS - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
03/04/25	UOB Kay Hian	UMS	1.07	1.21	Buy	PER17.6x FY25
03/04/25	DBS Vickers	UMS	1.07	1.31	Buy	PER18x FY25
03/04/25	Lim & Tan	UMS	1.07	1.16	Hold
03/04/25	Kim Eng	UMS	1.07	1.16	Buy	PER14x FY25/26
04/10/25	DBS Vickers	UMS	0.93	1.31	Buy	PER18x FY25
04/22/25	UOB Kay Hian	UMS	1.02	1.21	Buy	PER17.6x FY25
05/13/25	DBS Vickers	UMS	1.05	1.31	Buy	PER18x FY25
05/13/25	Lim & Tan	UMS	1.05	1.23	Accumulate
05/14/25	UOB Kay Hian	UMS	1.12	1.32	Buy	PER17.5x FY26
05/14/25	DBS Vickers	UMS	1.12	1.38	Buy	PER18.8x FY25/26
05/16/25	Kim Eng	UMS	1.15	1.19	Buy
06/12/25	UOB Kay Hian	UMS	1.21	1.32	Buy	PER17.5x FY26
07/16/25	UOB Kay Hian	UMS	1.39	1.73	Buy	PER23x FY26
07/22/25	Kim Eng	UMS	1.46	1.59	Buy
07/25/25	DBS Vickers	UMS	1.48	1.84	Buy	PER25x FY25/26
08/05/25	UOB Kay Hian	UMS	1.54	1.73	Buy	PER23x FY26
08/14/25	DBS Vickers	UMS	1.48	1.84	Buy	PER25x FY25/26
08/14/25	Kim Eng	UMS	1.48	1.59	Buy
08/25/25	CIMB	UMS	1.38	1.87	Add	Up from $1.06
10/03/25	Lim & Tan	UMS	1.45	0	Sell/Avoid
10/17/25	DBS Vickers	UMS	1.36	1.84	Buy	PER25x FY25/26
10/29/25	UOB Kay Hian	UMS	1.45	1.73	Buy	PER23x FY26
11/03/25	DMG & Partners	UMS	1.48	1.85	Buy
11/10/25	DBS Vickers	UMS	1.51	1.85	Buy	PER25x FY26
11/11/25	UOB Kay Hian	UMS	1.52	1.66	Buy	PER23x FY26
11/11/25	CIMB	UMS	1.52	1.77	Add	PER
11/12/25	DMG & Partners	UMS	1.44	1.86	Buy
11/12/25	Kim Eng	UMS	1.44	1.59	Buy
01/09/26	DBS Vickers	UMS	1.43	1.85	Buy	PER25x FY26
02/10/26	DBS Vickers	UMS	1.32	1.85	Buy	PER25x FY26
03/02/26	DBS Vickers	UMS	1.45	1.48	Buy	PER25x FY26, Ex-Bonus 1-for-4
03/03/26	UOB Kay Hian	UMS	1.5	1.8	Buy	PER28.4x FY26
03/03/26	DBS Vickers	UMS	1.5	1.83	Buy	PER30x FY26
03/03/26	CIMB	UMS	1.5	1.88	Add	PER
03/03/26	Kim Eng	UMS	1.5	1.88	Buy	PER25x FY26/27
03/04/26	Lim & Tan	UMS	1.53	1.88	Accumulate