umc 2007 broker stats, page-20

lol

as long as we stay away from anti-declines

LOLOLO

But my comments remain.

From what i am reading, you guys are been taken for a ride.

You should all call the company and just say, 'hey, my broker has just printed out recent net buyers/sellers over the past 3 months, and the CEO and his father are doing all the selling. Whats going on here'?

I mean, 11mn shares is a LOT. As novac said, its a huge conflict of interest.

The bauxite patnership is positive. Hydro Aluminium AS of Norway are very big i am led to beleive.

And again, i will compare UMC to its 'peers' (IMO - YML and TLM). UMC's iron ore assets match up to theirs. But the difference is mngmt and marketing.

YML = ex BHP iron ore director = new YML MD
YML = Pato's supporting stock from early days
YML = Mac/Citi all on register (buying from $1-mid $1's)

TLM = Hermanis. It sounds as if he's definately taking a private placement at $1 and if thats the case its very positive. It could be arranged around the time of the Nov 29 AGM and would put a floor on the stock - and should see it rally.

But UMC: (as you guys are telling us)

UMC = CEO/CEO father selling out
UMC = share price being capped
UMC = lack of marketing/lack of broker support

With regards to my last point, do any brokers follow UMC? There are a lot of UMC/YLM/TLM etc etc... out there. Those companies need to go on the front foot and sell themself. You can wait and sit on the back foot, but you may be waiting for a while. They should be calling brokers and trying to arrange presentations - ie, going to brokers offices and sitting down with analysts and just have a chat; going over the company and explaining their future etc etc...

IMO, thats what this company (and some that i am SH of - AAR as ive said -> theyre mngmt are really p1ssing me off; lol - actually, not lol - its not a laughing matter) lacks most.

But if its done intentionally for a deal sometime in the future, then what can you say?????


I wish you guys the best!

:)