Posted by calvintaneng > Aug 21, 2019 10:53 PM | Report Abuse

Since Uzma's 9 hwus are operational plus drilling oil business still ongoing and Rm60 millions in real assets = these are defensive against borrowings.

AND business in Setegap operates concurrently
Many other jobs awarded are also done concurrently as well as 16 oil wells decommissioning

Posted by 4444 > Aug 21, 2019 10:54 PM | Report Abuse

If Uzma NTA not junk why drop?

Posted by johnchew3 > Aug 21, 2019 10:54 PM | Report Abuse

Uzma gearing ratio abt 0.7 , is 9 HWUs all in operation or pending order?? Pls advise

Posted by calvintaneng > Aug 21, 2019 10:55 PM | Report Abuse

Hwus operating in thailand

Posted by 4444 > Aug 21, 2019 10:56 PM | Report Abuse

Why Dayang RM 1.48 rock solid?

Posted by johnchew3 > Aug 21, 2019 11:01 PM | Report Abuse

Drilling oil business , ie jack-up rigs ?

Posted by calvintaneng > Aug 21, 2019 11:02 PM | Report Abuse

Regarding Thailand I was there in May for cruise to Phuket.

Nearby phuket is pang nga bay
Namfatt got 1,000 acres of prime lands there
Namfatt was 45 sen with Nta of Rm2. 00

Bur tsunami hit pang nga Bay in year 2004
So the lands became valueless and Namfatt gone bankrupt

For hubline the Nta was rusty ships and so they are useless

Always check up the NTA of companies

In TheStore case Nta are prime lands in shops and malls still at old book value

Daiman also got prime assets at Old book value
In daiman annual reports a ploy of land in
Jalan teratai 81, Tmn johor jaya has a book value of less than 10 sen psf

Where in Johor got freehold prime lands valued at less than 10 sen per sq ft?

NO wonder Daiman boss very happy to take daiman private at Rm3. 00 about 80 sen higher than Rm2. 00

Posted by calvintaneng > Aug 21, 2019 11:06 PM | Report Abuse

Johnchew

Not jack up rigs but oil for drilling

Lots of oil needed during drilling for oil well

Drilling oil is to provide lubrication and cool down the drill or
They will be damaged

This is also a business of scomies

Posted by calvintaneng > Aug 21, 2019 11:13 PM | Report Abuse

Why Uzma high Nta and low price but Dayang not so high Nta but price is higher?

Answer

Because of market perception

Dayang touted by Uncle Kyy with the huge following of goreng gang

Uzma is the very opposite. No one highlight it. And worst = 3 investment banks downgraded it. Plus Kwap selling and selling

So every sells in panic

Hence Dayang is so overpriced and Uzma so underpriced

Sentiment for Dayang very strong but sentiment for Uzma is weak

Over a short term lah

Over a very long term the true intrinsic value of Dayang versus Uzma will surface

Say look back in one or two years' time all will see the Real Value emerge

Posted by calvintaneng > Aug 21, 2019 11:14 PM | Report Abuse

Late already. Good night.
Zzzzzzz.

Posted by johnchew3 > Aug 21, 2019 11:26 PM | Report Abuse

HWUs for repairing oil well etc. Drilling oil demand is getting high as Velesto 7 unit jack up rigs 6 in operation with order , 1 unit in operation by september..

Posted by mukhriz02023 > Aug 21, 2019 11:39 PM | Report Abuse

Berapa harga musang king grade A sekilo?