@pang72 thanks for highlighting Uzma unique capability of attracting large contracts. I've read through 2022 Bursa announcement, PB Research and last QR, and am now convinced that Uzma is a gem yet to be discovered !!!
Information from 2022 AR...I've concluded the earning has come in nicely since 1Q23 FY... Next QR, which typically would be released end of Feb will likely show another excellent earning and profit...
Uzma just got another well service contract... i have no idea what the services are but sounds complicated...through tubing perforation...gee... got to google what it is
I don't want to rain on everyone's parade but it's clearly forming a rising wedge pattern. Once it reaches its peak, most of the time it will reverse its trend into bearish mode and usually it's quite a major one. Know where to TP comrades. All the best!
Potentially QR this time will be best QR ever looking at the news of awarded contract... All the announcement is lagging start pf contract..so contract payments or recoverable will increase significantly
I don't want to rain on everyone's parade but it's clearly forming a rising wedge pattern. Once it reaches its peak, most of the time it will reverse its trend into bearish mode and usually it's quite a major one. Know where to TP comrades. All the best!
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....
lloydlim
3,666 posts
Posted by lloydlim > 2022-12-16 10:09 | Report Abuse
Best timing to accumulate now.