there is big news coming. Don't buy after the announcement.

0.095 reached but still close at 0.09. if tomorrow close higher than 0.09.. it will fly next week for sure.

totally agree, if break 0.9 tomorrow, it will reach TP 0.13 next week.

Board the train now and don't be like others in Dayang chasing at high price then the price dropped significantly.

Scomi Energy: Bags contracts worth MYR610m in Kuwait. The two contracts were from the Kuwait Oil Company for the provision of mud products and mud engineering services for deep drilling and development drilling. Kuwait is one of the key markets targeted by Scomi Energy, with order book prior to this contract award stood at USD176m. (Source: The Edge Markets)

wow.. TO 0.13 with this kind of announcement.

many talk nonsense about Dayang coz they have vested interest or bought at high price coz con by people.

please take note that FA and TA or Dayang is not as good as 75% of other stock in KLSE yet the price movements is crazy.

limit down or RM 1.2 today?

who is the big institutions that are buying? Don't cheat people to save yourself.

Tomorrow, unfortunately will drop below RM1.2. I thought it can have support at RM 1.5 but I was wrong.

KUALA LUMPUR (March 18): Dayang Enterprise Holdings Bhd shares fell as much as 13 sen or 7.6% so far today on profit-taking following recent substantial gains the oil and gas support services provider's share price.

Kenanga Investment Bank Bhd analyst Steven Chan said in a note today Dayang's sharp 215% share price rally in the past month could have been "overplayed".

Today, Dayang shares fell 13 sen or 7.6% to their intraday low at RM1.58.

At 3:24pm, the stock recoups a portion of its losses to trade at RM1.63. The counter was one of Bursa Malaysia's most-actively traded with a total of 48.74 million shares transacted.

Chan said Kenanga downgraded Dayang shares to underperform from outperform previously while revising the stock's target price (TP) upward to RM1.20 from 92 sen.

"While we still like the company for its outstanding management, on top of its improved outlook, especially compared to 2-3 years ago when it was incurring losses, we believe the recent share price rally could have been overplayed. Hence, we are ascribing a tactical 'UNDERPERFORM' call, advocating a 'take-profit' or 'sell-on-strength' strategy to realise gains from this recent rally.

"We have given it higher premium valuation, arriving at a higher SOP (sum of parts) TP of RM1.20 (from 92 sen previously) — implying 1x PBV (price to book value) in line with its mean valuations. Despite the rich premium, we still find it hard to justify its current share price," Tan said.

Dayang should only value at RM1.5. if you bought at this price, you will be OK to hold until it appreciate.

this report will make uzma fly UZMA BHD: (MYR1.05) Latest job win reflects its capability; will share price extend its run?
Maybank IB Retail Research

Uzma’s 95%-owned sub-subsidiary PT Cougar Drilling Solutions Indonesia (effective interest of 90.25%) was awarded a 2-year contract to provide directional drilling services for PT Pertamina Hulu Energi Onshore North West Java. The project has an extension option but is subject to the approval of SKK MIGAS, an institution established by the Government of Indonesia to manage upstream oil and gas business activities.

There is no firm value for the contract as the execution of the contract is depending on work orders. But this development is positive as it reflects Uzma’s capability in securing jobs. This project aside, the group is also engaged by various oil and gas majors such as Petronas Carigali S/B and Murphy.

With oil price staying firm, the outlook of O

this report will make the stop fly
UZMA BHD: (MYR1.05) Latest job win reflects its capability; will share price extend its run?
Maybank IB Retail Research

Uzma’s 95%-owned sub-subsidiary PT Cougar Drilling Solutions Indonesia (effective interest of 90.25%) was awarded a 2-year contract to provide directional drilling services for PT Pertamina Hulu Energi Onshore North West Java. The project has an extension option but is subject to the approval of SKK MIGAS, an institution established by the Government of Indonesia to manage upstream oil and gas business activities.

There is no firm value for the contract as the execution of the contract is depending on work orders. But this development is positive as it reflects Uzma’s capability in securing jobs. This project aside, the group is also engaged by various oil and gas majors such as Petronas Carigali S/B and Murphy.

With oil price staying firm, the outlook of O

You can view this quarter financial report to see what is the potential of scomies price to increase.


http://disclosure.bursamalaysia.com/FileAccess/apbursaweb/download?id=203839

Post removed.Why?

Post removed.Why?

not many people notice the potential of this stock in short term.

those smart people will be focusing and accumulating this stock now.

too expensive for people to accumulate now. My target of RM 1.50 is achieved based on financial analysis.

It is time to focus on Coastal if you missed Datang boat.

uptreading to 1.5 by tomorrow if not next week.

the only oil and gas counter, wise investors are accumulating now.

Based on current oil price and tension escalated in Middle East, the oil will be high demand and OPEC will let the price to reach USD 100 before end of the year. The price of this stop should be at least RM0.12 at that time. let the p

it will be going below 60 by end of next week.

People only waiting for the dividend. once dividend paid, a lot of people will start to sell and the price will go down further maybe RM 8.00

what if this is not acceptable by Petronas. Scomies will be making huge losses

Going 8.50 tommorow.. no support from foreign investors

support broken, will reach 8.50 within weeks

Race to RM4.00 by next week

Uzma announced that it was awarded from Petronas for an umbrella contract for the Provision of Well Abandonment Integrated Services. The tenure of the umbrella contract is 2 years from 29 Mar 2018 to 29 Mar 2020, with an extension option period of 1 year. While we are positive on the contract announcement, we believe the earnings impact from the contracts to our forecast is still not significant as the revenue would only be booked when the work order is issued by Petronas. On top of that, we believe the margin for the contracts would not be far off from our existing assumed EBIT margin of 6%. Maintain forecast and HOLD call with unchanged TP of RM1.46 (12x FY18 P/E).

No chance. This counter is up trend now until election and will reach back RM 4.00.

“The scope of work proposed by Talap Munai is anticipated to increase production by an additional 3,500 barrels of equivalent (boe) a day in January 2019, and thereafter targeted to increase to an additional 7,200 boe/day by August 2019,” it said.

I sold all my share in Armada after holding for 4 years at the highest price this year. No cut loss but very low profit margin. I will buy at below 0.8 or after election.

ok... it does look like that they have reached agreement that is win-win solution for both of them. I hope they can create a synergy between the two bank as the positive result of this issue.

Many people are daring in the counter despite the downtrend since Feb i.e. start of the civil suite. The amicable settlement is not clear and might post significant risk.

Must cut loss, going Holland already. The impact might be bigger than anticipated

surprised that the bank withdraw the civil suit and do settlement out of court with no financial gain. I thought they have good case.

what is considered as amicable settlement between the two banks? Does it means that Ambank will pay for settlement?

Going below 3.80 soon, the Outlook is not so good.

Ring is so racist. Your statement is pure racist. FGV is different in mode of operation. You should see how Sime Darby is managed and more successful than all the companies you mentioned. They several refineries in Europe too. Checkout who are their top management.

can go as low as 1.04