UMS - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
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
04/16/26	CIMB	UMS	1.79	2.23	Add
04/29/26	DBS Vickers	UMS	2.18	2.92	Buy	PER35x FY27/28
05/12/26	DBS Vickers	UMS	2.36	3.17	Buy	PER38x FY27
05/12/26	Lim & Tan	UMS	2.36	2.5	Accumulate on weakness
05/12/26	Kim Eng	UMS	2.36	3.21	Buy
05/13/26	UOB Kay Hian	UMS	2.6	4.01	Buy	PER37.5x FY28
05/15/26	CIMB	UMS	2.95	4.17	Add
06/08/26	DBS Vickers	UMS	2.53	3.17	Buy	PER38x FY27
07/15/26	DMG & Partners	UMS	2.56	3.37	Buy
08/14/26	DBS Vickers	UMS	2.7	3.17	Buy	PER38x FY27
08/17/26	UOB Kay Hian	UMS	2.72	3.27	Buy	PER30x FY28
08/17/26	DBS Vickers	UMS	2.72	3.62	Buy	PER38x FY27
08/18/26	Kim Eng	UMS	2.87	3.43	Buy
08/18/26	DMG & Partners	UMS	2.87	3.37	Buy
08/28/26	DMG & Partners	UMS	2.74	3.69	Buy
09/15/26	UOB Kay Hian	UMS	2.51	3.27	Buy	PER30x FY28
09/24/26	Citi Research	UMS	2.65	3.43	Buy