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United Microelectronics Corporation (UMC)

NYSE - NYSE Delayed price. Currency in USD
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9.36-0.59 (-5.93%)
At close: 04:00PM EST
9.42 +0.06 (+0.64%)
Pre-market: 08:00AM EST
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  • D
    David
    I did a P/E valuation for the intrinsic value for UMC. If we expect the growth rate at 10.00% the stock price should be at $14 today and value in 5 years 21.79.

    Now if we use the analysis growth rate for the next 5 years at 29% and a margin of safety at 25% = conservative growth rate at 21.75% since they are too optimistic. Leaves UMC stock value at $26 dollars and value in 5 years at $40.61.

    Stock is undervalued in my opinion!
  • I
    Ion
    Just got in now everyone! Holding my nose in case this drops further. I was looking at this company for a couple of months, bought a few options, they're out of the money. I said, what the hell, I might as well own this, in estimating the majority of the market and hedge funds are still sane and take into account the reports UMC put out and the low PE multiple and the great business they are in and the fact they still trade cheaper than other foundries, I said what the hell, I can live with 1000 shares for a few years, I suspect I'll pat myself on the back in 2023, not sure about the short term... :)
  • A
    Alexander
    Feds coming in with billions to help micro-chip companies establish manufacturing in the US. I wonder how much this government aid will help UMC and reflect on the Price of shares?
  • S
    Sir
    The "bear market" bs is FRAUD. The economy is strong and so is employment hiring. The wailing about the FED is FRAUD. NOthing will change for months. Sell off of UMC shares is FRAUD. NOthing but good news about UMC.
  • S
    Shawn
    Bought in today @ $10.51, lets hear some great news on earnings tomorrow.
  • F
    Fix
    This stock should be above $14, Earnings report today was awesome.
  • G
    Gerald
    @Sir...I see your point but you have to remember a couple of things. First is that you can't fight the tape and tech is being slaughtered regardless of sector. The second thing is that this is based in Tiawan and the Chinese threat hangs over UMC and TSM constantly.
    The best way to handle this is have your position and ignore the price unless it dips below say $9.80 then add more and wait for the dividend in July. UMC will probably have another good payout this year IMHO.
  • S
    Sir
    The fed said the reason they were curtailing spending was because there was very good job and economic growth going on, ie, a bull market should be taking place just like for UMC. Is this really a hard thing to understand to the point hedge funds feel compelled to sell, sell, sell for no reason? Just curious, but it seem whacky if that is their "strategy" because people are going to notice UMC just like it noticed AMD and TSM (finally).
  • h
    ham
    i muted that sir guy, and literally 300+ comments dissapeared.....how is that even possible....paid shill?
  • B
    Bill Wheeler
    Is this a Cathy WOODS diving into a real company with earnings situation or China?
    Both have the golden touch to pole axe whatever they get involved in!
  • B
    BERT
    Intel VP who invented over $100 billion in tech says 5G, IoT and AI are converging to create the biggest tech ever. 9 cent per share Affluence Corp is right in the sweet spot and big contracts are already starting to roll in.
    https://richardacavalli.wixsite.com/greenplanetmicrocaps/small-5g-iot-and-ai-co-going-big
    MICROCAP 5G IOT AI GOING BIG | Greenplanetmicrocaps
    richardacavalli.wixsite.com
  • m
    murrayhillb👀k
    95% of comments here vanish when you mute Sir
  • S
    Sir
    msft might buy this chip fabrication company to go along with its recent gamer's company purchase.
  • D
    DragonFang
    Where are the Reddits? Come here and melt the shorties.
  • S
    Sir
    From the UMC website: Teleconference to discuss UMC’s financial and operating
    results, and plans for the future are on Tuesday, January 25, 2022
    at 04:00 AM (New York)
  • S
    Sir
    Does anyone besides brokers and hedge funds know where the market maker manipulators are going to move the price this morning so we can all buy or sell on insider trading knowledge?
  • C
    Chuck
    earnings come out Monday 👍
  • S
    Sir
    2.2 million shares traded in 15 minutes. Price manipulation which is illegal even on wall street.
  • S
    Sir
    Investment company Veriti Management LLC adds United Microelectronics Corp to its portfolio.
  • S
    Sir
    UMC has a beta of .98 which means that it follows the dow up or down. Let's see if hedge funds buy back their shorted shares today as required by wall street's own rules and because indices are up.