UMS holdings formerly known as Norelco Centerline.Its business activities comprise of HDD, Semicon and Defence equipement manufacturing. UMS is expecting a 25% turnover growth in FY2007, as this year will be a good year for HDD and Semicon industry.
It is currently trading at 0.525. The chart looks good, it is showing a reversing trend. Once it break the next resistance at 0.54, it may continue to move toward the next main resistance at 0.745.
Will add this to my "stocks to watch" list.
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