UMS Holdings

[Boon]

APPLIED MATERIALS DELIVERS RECORD REVENUE AND EARNINGS PER SHARE

• Record revenue of $3.55 billion up 45 percent year over year
  
• Strong year-over-year increases in gross margin and operating margin
  
• Record EPS of $0.76 and non-GAAP EPS of $0.79
  

SANTA CLARA, Calif., May 18, 2017 (GLOBE NEWSWIRE) -- Applied Materials, Inc. (NASDAQ:AMAT) today reported results for its second quarter ended April 30, 2017.
Compared to the same period last year, net sales increased by 45 percent to $3.55 billion; gross margin grew 4.1 points to 45.1 percent; operating margin increased by 9.2 points to 26.5 percent; and earnings per share (EPS) grew 162 percent to $0.76. On a non-GAAP adjusted basis, gross margin grew 3.6 points to 46.3 percent, operating margin increased by 8.6 points to 27.8 percent, and EPS grew 132 percent to $0.79.
The company generated $898 million in cash from operations and returned $390 million to shareholders through stock repurchases and cash dividends.
"Applied Materials delivered the highest quarterly revenue and earnings in our history, and we’ve now set new earnings records for four quarters in a row,” said Gary Dickerson, president and CEO.  “Across the company we have tremendous momentum as our markets are strong and getting stronger, and we’re sustainably growing faster than these markets by expanding our served opportunity and gaining share."........................................

http://www.appliedmaterials.com/en-sg/co...-per-share
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SSG : Revenue (USD million):
1Q2014 = 1,484 
2Q2014 = 1,584 
3Q2014 = 1,476
4Q2014 = 1,434  (FY2014 = 5,978)
1Q2015 = 1,446
2Q2015 = 1,560 
3Q2015 = 1.635 
4Q2015 = 1,494  (FY2015 = 6,135) 
1Q2016 = 1,373  
2Q2016 = 1,587  
3Q2016 = 1,786 
4Q2016 = 2,127  (FY2016 = 6,873)
1Q2017 = 2.150
2Q2017 = 2.404
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Markets are strong and getting stronger for AMAT =>AMAT is growing faster.

To meet increasing demand for its products, I wonder can AMAT really cope without UMS ? Probably not.................
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[YMPL]

Markets are strong and getting stronger for AMAT =>AMAT is growing faster.

To meet increasing demand for its products, I wonder can AMAT really cope without UMS ? Probably not.................

AMAT's last quarterly revenue was 2.4 US$ billion, while UMS's best quarter revenue was around 40 US$ million (both figures are based on Boon's recent posts)

It is pretty hard to convince myself, that AMAT "can not cope without UMS" 

[Boon]

Markets are strong and getting stronger for AMAT =>AMAT is growing faster.

To meet increasing demand for its products, I wonder can AMAT really cope without UMS ? Probably not.................

AMAT's last quarterly revenue was 2.4 US$ billion, while UMS's best quarter revenue was around 40 US$ million (both figures are based on Boon's recent posts)

It is pretty hard to convince myself, that AMAT "can not cope without UMS" 

@ YMPL
 
You have raised a very interesting point.
 
“Compared to the same period last year, net sales increased by 45 percent to $3.55 billion”.
 
AMAT ‘s last quarterly revenue was USD 3.55 billion and not USD 2.4 billion.
 
Why do you think USD 2.4 billion is the more “appropriate” revenue number to “contrast” with UMS’s USD 40 million?

Why NOT USD 3.55 billion or other revenue figures like Endura sales?
 
Using USD 3.55 billion would make UMS’s USD 40 million looks even less significant – but would this strengthen or weaken your argument?  
_____________________________________________________________________________________________________________________

[YMPL]

Markets are strong and getting stronger for AMAT =>AMAT is growing faster.

To meet increasing demand for its products, I wonder can AMAT really cope without UMS ? Probably not.................

AMAT's last quarterly revenue was 2.4 US$ billion, while UMS's best quarter revenue was around 40 US$ million (both figures are based on Boon's recent posts)

It is pretty hard to convince myself, that AMAT "can not cope without UMS" 

@ YMPL
 
You have raised a very interesting point.
 
“Compared to the same period last year, net sales increased by 45 percent to $3.55 billion”.
 
AMAT ‘s last quarterly revenue was USD 3.55 billion and not USD 2.4 billion.
 
Why do you think USD 2.4 billion ( and NOT USD 3.55 billion or any other numbers) is more “appropriate” to “contrast” with UMS’s USD 40 million?
 
Using USD 3.55 billion would make UMS’s USD 40 million looks even less significant – but would this strengthen or weaken your argument?  
_____________________________________________________________________________________________________________________

Ops, I have mistaken the SSG's (?) quarterly revenue as AMAT's. My apologies, since it followed immediately after the AMAT's result caption.

Anyway, the point remains relevant.  What do you think?

[Boon]

Markets are strong and getting stronger for AMAT =>AMAT is growing faster.

To meet increasing demand for its products, I wonder can AMAT really cope without UMS ? Probably not.................

AMAT's last quarterly revenue was 2.4 US$ billion, while UMS's best quarter revenue was around 40 US$ million (both figures are based on Boon's recent posts)

It is pretty hard to convince myself, that AMAT "can not cope without UMS" 

@ YMPL
 
You have raised a very interesting point.
 
“Compared to the same period last year, net sales increased by 45 percent to $3.55 billion”.
 
AMAT ‘s last quarterly revenue was USD 3.55 billion and not USD 2.4 billion.
 
Why do you think USD 2.4 billion ( and NOT USD 3.55 billion or any other numbers) is more “appropriate” to “contrast” with UMS’s USD 40 million?
 
Using USD 3.55 billion would make UMS’s USD 40 million looks even less significant – but would this strengthen or weaken your argument?  
_____________________________________________________________________________________________________________________

Ops, I have mistaken the SSG's (?) quarterly revenue as AMAT's. My apologies, since it followed immediately after the AMAT's result caption.

Anyway, the point remains relevant.  What do you think?

https://valuebuddies.com/thread-2094-pos...l#pid92379

I suggest you read up posts #922 ( and around there) to get a better understanding - but that was based on the old contracts - we do not know how terms have changed in the new contract.

The new contract has been brought forward 6 months earlier (before the old one expires in mid 2017), WHY ? What are the likely explanations?
______________________________________________________________________________________________________________________

[YMPL]

https://valuebuddies.com/thread-2094-pos...l#pid92379

I suggest you read up posts #922 ( and around there) to get a better understanding - but that was based on the old contracts - we do not know how terms have changed in the new contract.

The new contract has been brought forward 6 months earlier (before the old one expires in mid 2017), WHY ? What are the likely explanations?
______________________________________________________________________________________________________________________

Yes, I read the post, including all your posts on UMS

I am still hard to believe that "AMAT can not cope without UMS", with two orders of magnitude different in sales figure.

[Boon]

https://valuebuddies.com/thread-2094-pos...l#pid92379

I suggest you read up posts #922 ( and around there) to get a better understanding - but that was based on the old contracts - we do not know how terms have changed in the new contract.

The new contract has been brought forward 6 months earlier (before the old one expires in mid 2017), WHY ? What are the likely explanations?
______________________________________________________________________________________________________________________

Yes, I read the post, including all your posts on UMS

I am still hard to believe that "AMAT can not cope without UMS", with two orders of magnitude different in sales figure.

http://searchcio.techtarget.com/definition/value-chain

Posted by: Margaret Rouse
 
Value Chain: 

According to John Del Vecchio writing for Fool.com, a value chain is "a string of companies working together to satisfy market demands." The value chain typically consists of one or a few primary value (product or service) suppliers and many other suppliers that add on to the value that is ultimately presented to the buying public.


Microsoft and its Windows operating systems, the nucleus of the personal computer desktop for which much business software is developed, is often cited as a prime example of a company and product that drives a value chain. The businesses who buy personal computer software may spend far more on the add-on software than on the essential operating system that is the de facto standard for running the software. To the extent that companies standardize on Windows, Microsoft is said to control a value chain. This particular value chain was reported in a McKinsey study to be worth $383 billion in 1998. Although Microsoft's share of the value chain was reported to be only 4% of the total, that was still $15.3 billion. 
A company that develops a product or service that engenders a value chain by providing a platform for other companies is considered more likely to increase its market share than a company that tries to provide the entire value chain on its own.
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Microsoft's figure was 4% (in 1998) which is even LOWER than UMS' share of the value chain estimated around 8%~10%.

So how relevant is the magnitude of this figure?
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[Boon]

“To meet increasing demand for its products, I wonder can AMAT really cope without UMS ? Probably not.....”
 
1)  New contract has kicked in starting Jan 2017, replacing the old contract that will expire only in mid 2017.
2)  Under the new contract, unit price is lower but volume is higher than before – based on reports from forummers who had attended AGM.
3)  UMS recorded new all time high quarterly revenue/NPAT in its 1Q2017 results.
4)  Unit price is lower, this means volume has certainly INCREASED in 1Q2017 – but we do not know by how much?
5)  It means UMS has delivered “extra volumes” – possibly at record high – for AMAT to meet increasing demands for ONE of its product line – Endura (assuming the new contract has yet to go “beyond Endura”.). This would not have been possible if UMS did not have “spare” production capacity. In short, UMS has helped AMAT cope with meeting increasing demand for its products.
6)  UMS is going to expand production capacity to meet further demand.
7)  Hence, I wonder can AMAT really cope without UMS……….
8)  This is a “supply chain issue”, which is different from the “value chain”
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[barneyonline]

UMS holdings is good. glad that I hold until now. Sold off the share today. almost 100% profit. good luck everyone! switched to AEM holdings..

[Xiaosaint]

2nd quarter results out. Revenue up 81% yoy. Net profit attributable to shareholders up 75%.

https://s3-ap-southeast-1.amazonaws.com/...ASQ6.1.pdf

There is also a proposal of 4 to 1 share bonus issue. Thereby improving liquidity of shares. But still at initial phase. Not date set yet.

https://s3-ap-southeast-1.amazonaws.com/...HVK8.1.pdf


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