Table: Unisem's last 8 quarterly results
Graph: Unisem's last 55 quarterly results
Unisem (closed at RM2.59 yesterday) is now trading at a PE of 17 times (based on last 4 quarters' EPS of 14.9 sen). At this PER, Unisem is deemed fully valued. It has a decent dividend yield of 3.9% fro those who wants to hold it for longer term.
Unisem tested its long-term uptrend line, SS at RM1.80 in May, and rebounded.
Chart 1: Unisem's monthly chart as at Aug 2, 2018 (Source: Shareinvestor.com)
However Unisem may not have broken above its downtrend since it peaked in August last year.
Chart 2: Unisem's weekly chart as at Aug 2, 2018 (Source: Shareinvestor.com)
Despite the improvement in its financial performance, Unisem's near term outlook is still uncertain due to negative technical outlook and fairly demanding valuation. I think one should take profit (if any) if Unisem reached the RM2.70 mark.