THE INVESTMENT APPROACH OF CALVIN TAN

BUY UZMA (7250) AT 62 SEN. TARGET PRICE RM1.20

calvintaneng
Publish date: Tue, 13 Aug 2019, 11:57 AM
calvintaneng
0 1,859
Hi Guys,

I have An Investment Approach I which I would like to all.
Following Message

Hi guys

Now is the time to buy Uzma at 62 sen. The upside is almost 100% at Rm1.20

And these are the prevailing reasons for buying Uzma

  1. At 62 sen with NTA of Rm1.54 Uzma is selling at a 60% discount to NTA.

2. Taking Ben Graham 30% Discount to NTA of Rm1.54 for margin of safety Uzma should be valued at Rm1.08. But we target it at Rm1.20 because Uzma has won many Job contracts which will translate it to exceptional earnings

3. Due to 3 IB (Investment Banks) downgrade & Kwap selling Uzma is now at bargain basement levels. Hence of all OGSEs Uzma offers the best bargains.

4. ONLY PREVAILING NEGATIVE SENTIMENT WAS DUE TO KWAP RELENTLESS SELL DOWN. BUT THIS PRESENT US A WONDERFUL OPPORTUNITY TO BUY UZMA AT SUCH OVERSOLD PRICES

5. SETH KLARMAN FUND STARTED TO BUY WHEN BIG FUNDS WERE SELLING GOOD SHARES (LIKE KWAP SELLING UZMA NOW)

AS A RESULT OF HUGE POSITIONS SETH KLARMAN TOOK DURING UNNECESSARY OVERSELLING HE LATER BECAME A BILLIONAIRE FUND MANAGER

6. Monsoon now over the 16 Oil decommissioning jobs should register better profits for August 2019 & onwards

7. Uzma Directors and Insiders are now so sanguine that they are buying Uzma shares from open market with their own hard earned monies. Among those sanguine over Uzma are Uzma Top Boss, Director of Sales & even Uzma CFO.

8. At 62 sen Uzma is even cheaper than Rights Issue at 75 sen which Directors took up in year 2014

9. In year 2014, 2015 & 2016 when Oil Price crashed below USD 50 per barrel Uzma was performing spectacularly as Uzma can do well both in good and bad times. In good times Petronas will do more oil exploring and in bad times Petronas will dismantle & decommission more oil platforms. In all areas Uzma has the expertise.

10. With all the above converging positive factors Calvin Tan Research is now calling for a strong buy on Uzma. Anything below 65 sen just buy as much as you can afford.

BEST REGARDS

Calvin Tan Research

Jurong West, Singapore

Please buy/sell after doing your own due diligence

UZMA (7250)
Related Stocks
More articles on THE INVESTMENT APPROACH OF CALVIN TAN
DUFU (7233) OVERSOLD & TOP REASONS WHY IT HAS THE MOST POTENTIAL NOW FOR UPSIDE, Calvin Tan

Created by calvintaneng | Aug 30, 2024

JAKS LATEST RESULTS: A LOOK INTO ITS BALANCE SHEET, Calvin Tan

Created by calvintaneng | Aug 30, 2024

NESTLE: WHY IT IS NOW TOO PRICEY AND MIGHT SEE PRICE FALL DOWN FURTHER, Calvin Tan

Created by calvintaneng | Aug 29, 2024

SOP (5126) A FANTASTIC RESULT AND A ROCK SOLID BALANCE SHEET FROM THIS PALM OIL COMPANY, Calvin Tan

Created by calvintaneng | Aug 29, 2024

A LOOK AT LATEST RSAWIT RESULTS SHOW IMPROVEMENTS LIKE JTIASA, Calvin Tan

Created by calvintaneng | Aug 28, 2024

JCY (5161) Posted a 2nd Qtr of Good Profits: Showing a Clear Sign of A Turnaround, Calvin Tan

Created by calvintaneng | Aug 23, 2024

TSH RESOURCES AUGUST 2024 RESULTS: A Look at its Latest Balance Sheet, Calvin Tan

Created by calvintaneng | Aug 22, 2024

RISE OF DIESEL PRICE BY 52% CAUSED PROPERTY, CONSTRUCTION AND OTHERS CUT INTO THEIR PROFITS, BETTER BUY EAST MALAYSIA OIL PALM STOCKS DUE TO NO DIESEL PRICE SPIKE, Calvin Tan

Created by calvintaneng | Aug 16, 2024

A LOOK AT TSH RESOURCES (9059) 5 YEARS FINANCIAL RESULTS SHOW IMPROVING FUNDAMENTAL WHILE PRICES FALLEN TO GOOD BARGAIN LEVELS, Calvin Tan

Created by calvintaneng | Aug 15, 2024

C2Q 2024 Hard Disk Drive Industry Update By Tom Coughlin(Forbes): Good news for JCY, Notion & Dufu, Comments by Calvin Tan

Created by calvintaneng | Aug 13, 2024

Discussions
Be the first to like this. Showing 2 of 2 comments

calvintaneng

Good morning all

Gogreen

All these stocks are fundamentally sound

Their time to shine in the sun will come

For now it is Uzma's turn.

These are the reasons why Uzma is a stock whose time has come

1. All the jobs awarded in 2014 to 2019 are now in progress and pay time for Uzma.
Management knowing the abundance of profits accrued have been sanguine all along inspite of naysayers who were ignorant

2. The total sold down due to 3 IBs downgrade and Kwap selling has made Uzma a bargain too cheap for Directors to resist.
Really "Bei tahan leow" so they got to sapu too cheap grossly oversold Uzma shares

3. Who knows ?
Due to cumulative jobs secured and the accrued profits flowing in there might be a surprise windfall coming for faithful shareholders

There might be
1. A sudden huge dividend
(See Calvin buy call on Complete Logistic. It gave a windfall dividend of 16 sen after all naysayers mouth have been shut up!)

2. Free bonus issue (no need to pay for Rights Issue) as Company expects lots of revenue turning into real profits

3. Free warrants

4. For this purpose it is now time to buy. And who are buying?

Those who followed Calvin bought Carimin at 39 sen and all who followed Calvin buying Naim at 50 sen are now happily buying Uzma

5. And for fear that Uzma prices will run up too fast Insiders/Directors are also rushing to buy

Will August 2019 and November 2019 be good, excellent or fantastic?

Yet to be seen

But the Best is Yet To Come!

2019-08-14 09:54

calvintaneng

What is Uzma?

Uzma is like a car with 6 airbags

1. At 60% discount got margin of safety

2. Directors took up Rights issue at 75 sen. Still holding

3. Monsoon over. Uzma decommissioning for 16 oil rigs should report better earnings

4. Epf bought from 90 sen to over Rm1.00 and still holding

5. Director of sales just bought 169,000 shares from 57.8 to 59.5 sen

6. From 52 weeks lowest at 55 sen to Rm1.54 highest Uzma now at 61.5 sen is undemanding

So downside now we'll supported

Uzma now very defensive with huge potential for upside

2019-08-15 21:30

Post a Comment