Tom85, nothing is wrong with this counter, fundamentals remained unchanged. Every quarter you have steady revenue and within range PAT.
Everyday, you get to see one to two million shares get transacted. These transactions are done just to keep the volume active.
If you monitor it closely enough, you can see a trend of left hand to right hand & vice versa. No big movements that will alert the big makers.
Downtrend it goes south for a few cents, uptrend it shoots up for about 10-20cents. The spark will come when Petronas announce some goodies. In addition, you get to see some fanciful corporate proposals soon.
44cents is good entry? why not, you don't get to see this every now and then. Get some and be patient.
Uzma Engineering Sdn Bhd has been awarded a “call-off order” from EnQuest Petroleum Production Malaysia Ltd (EnQuest) for the availability of a hydraulic workover unit (HWU) worth RM30 million. The provision of HWU providers is predicted to begin in March and be accomplished in October. Uzma mentioned the job is predicted to contribute positively in its earning per share for the 12 months ending June 30, 2022..Bernama Jan 27th
Description: UZMA BERHAD - ACCEPTANCE OF CALL-OFF ORDER FOR THE PROVISION OF HYDRAULIC WORKOVER UNIT FOR 2022 WORKOVER PROGRAM FOR ENQUEST PETROLEUM PRODUCTION MALAYSIA LTD . Introduction The Board of Directors of Uzma (“Uzma” or “the Company”) is pleased to announce that Uzma Engineering Sdn. Bhd. (“UESB”), a wholly-owned subsidiary of the Company had been awarded a Call-Off Order from EnQuest Petroleum Production Malaysia Ltd (“EnQuest”) for Provision of Hydraulic Workover Unit ("HWU") for 2022 Workover Program for EnQuest (“Contract”) through EnQuest’s Call-Off Order dated 1 December 2021 (“Letter of Award”) which was subsequently approved for announcement by EnQuest on 27 January 2022. 2. Salient Terms The salient terms of the Contract are as follows:- (a) Scope of Work comprises of integrated HWU services for EnQuest’s workover recompletion and well abandonment campaign at offshore Peninsular Malaysia (“Scope of Works”). (b) The campaign will cover up to three (3) platforms and up to twelve (12) wells operated by EnQuest. (c) Work is expected to commence on March 2022 and completed in October 2022. (d) The value of the Contract is approximately Ringgit Malaysia Thirty Million Only (RM30,000,000.00). 3. Risk factors Potential risk factors include project operational and execution risks, work schedules, delivery timelines and adverse weather conditions. 4. Financial effects The Contract will not have any effect on the share capital and shareholding structure of the Company as it does not involve the issuance of ordinary shares in the Company. However, it is expected to contribute positively towards the earnings and net assets per share of the Company for the financial year ending 30 June 2022 and onwards until the expiry of the Contract. 5. Directors’ and Major Shareholders’ Interests None of the Directors and/or major shareholders and/or persons connected with the Directors and/or major shareholders of Uzma has any direct or indirect interest in the Contract. 6. Directors’ Statement The Board of Directors of the Company, after considering all the relevant factors, is of the opinion that the acceptance of the Letter of Award is in the best interest of the Company.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Posted by armadatuah2017 > 2022-01-18 09:54 | Report Abuse
hidup la, adik. walaopun Serba dah membunuh separuh hidup dari kemewahan Bumi Armada