Singapore Stock Market News
UMS - Dividend Proxy To Applied Materials
StockFanatic
Publish date: Tue, 25 Feb 2014, 11:33 PM
StockFanatic
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Welcome to Stockfanatic Singapore stock market and regional market news. This is a platform to share Singapore stock market and regional news to investors / man in the street. Investors can also look forward to analyst reports and brokers recommendations. Stockfanatic's Singapore stock market and regional news blog, home of investors one stop news station.
Maintain BUY, with our DCF-based TP increased to SGD0.84 (WACC: 11.5%, terminal growth: 0%). At a 11% FY14 yield, UMS is an attractive dividend proxy to applied materials and semiconductor industry.
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