pang72Tronx, I m confident umw will break 6.00 after share holder approved the share dividend if Umwog on early April....hold or sell ...you decide ...
pang72It is blue chip under Wahid leadership now... Not afraid in single moment to hold this Gem.
keepengyes Pang, this is a medium to long term share investment. movement can be quite fast
bigbigbossThe prospect of a sustained recovery for the oil and gas industry is highly dependent on the impending outcome of the OPEC’s decision to cut oil production to ease supply glut that has weighed on prices for the last two years. In addition, uncertainties in global economy and geo-political environment following recent global events may impact the direction of the oil and gas industry. While there is volatility at global level, increase in activities in domestic and regional fronts does provide indication of a gradual recovery. The recent award of drilling contracts for UMW NAGA 8 and UMW NAGA 2 by Hess Exploration and Production B.V. and Ophir Production Sdn Bhd, respectively, in addition to the previously awarded long term contract for UMW NAGA 6 by Petronas Carigali Sdn Bhd, augurs well for our future prospects. The increase in the number of tenders being called by oil and gas companies in the region further illustrates a potential recovery in drilling activities both in Malaysia and Southeast Asia. UMW NAGA 6 mobilised to location end of September 2016 under a 2-year drilling contract and UMW NAGA 8 commenced operation in early November 2016 after securing a contract in October 2016 for a duration of eighteen (18) months with an option to extend for another year. As such, asset utilisation is expected to improve in the last quarter of 2016. The Group is currently in various stages of tendering a number of local and overseas contracts and is optimistic that asset utilisation will improve progressively over the next few quarters.
Why we need to worry ？ UMWOG this qr should can improve
jackyleName : EMPLOYEES PROVIDENT FUND BOARD Details Date of Change. No of shares Price Transacted(RM) Transaction type 15/02/2017 220,000.000 0.000 Acquired 15/02/2017 18,200.000 0.000 Acquired 15/02/2017 289,800.000 0.000 Disposed