So Good Luck everyone! Don't try to catch the falling knife.

So you guy make your own call. Another issue that you need to ask yourself, can the profit grow when the oil price drop? It is open secret that uzma business model is towards opex requirement of oil producers. If there is earning cut due to project delay or re negotiation of pricing, it will impact on profit margin. Thus the projected earning will even lower and drive the price lower.

At RM1.00, uzma valuation look very undemanding. Trading @ 4.5x Forward PE. Earning consensus is about 22 cents. It's dirty cheap! Even now around RM1.45 it trading @ 6.6x Forward PE. Most of the time, when sentiment at extreme level, either too bullish or too bearish, the price does not reflect to it true value.

Look like that RM1.00 is not far distance.

I think RM1.00 is possible if crude oil drop to $40 per barrel.

Wow! So Cheap!

I guess to be fair to Mgmt, We need to wait Q3 result.

AK$$. Yes I agree. Still a good result.

Any idea what is the result? Better?

Anyone know when the Q2 result will be released?

Hi seabiscuit. I think we all will miss u as u have been an uzma speaker for quite sometime. Anyway I wish u all the best!

Please elaborate further why you decided that it is time to sell?

Hi seabiscuit,
If my guestation is right. U r making 4 times from investing in uzma.

Hi seabiscuit. Not heard your comment for quite sometime. How things goes?

So far so good. Just a normal pullback!