Advertisement
OPINIONS
Semiconductors should continue its strong upward momentum heading into its full year earnings result in February 2021.
UMS tested and broke out of the previous high of $1.36 back during the boom in 2017/2018 and are now set to breakout for a new all time high.
The overall semiconductor sectors rotation such as Micro-Mechanics, Frencken, AEM, and UMS have been performing very strongly in FY2021 with a correlation upward guidance from their global counterparts with the likes of TSMC, AMAT, Qualcomm, and many more.
With 9MYTD2020 bottomline earnings doing strongly at 45% year on year, full year earnings and post FY2021 guidance might surprise on the upside. Potential special dividends and/or bonus issue might just be on the cards for investors.
Comments
109
0
ABOUT ME
109
0
Advertisement
No comments yet.
Be the first to share your thoughts!