Posted by harvest6138 > 2 months ago | Report Abuse

In April 2023, Uzma’s Light Weight Hydraulic Workover Unit (“HWU”) “Devin-252” successfully completed a plug and abandonment (“P&A”) campaign on a small jacket platform at offshore Sarawak. The platform will be re-used for a new field development in Sabah waters by another operator. Once again, Uzma is breaking a new record by operating a Light Weight HWU on one of the smallest platforms in Malaysia.

Devin-252 was integrated with Uzma’s own cementing expertise, Setegap Ventures Petroleum (“SVP”). This campaign has proven our Light Weight HWU’s capability in operating on a platform with limited deck space along with challenging dynamic lifting conditions and severe weather limitations.

We would like to congratulate and thank everyone who was involved in the execution of this campaign, especially our diligent and dedicated base and offshore crew! Another job well done.

Posted by harvest6138 > 2 months ago | Report Abuse

above was extracted from Uzma Linkedln , in this competitive world , only those who has unique capabilities can survive .. hope Uzma bring more good news soon ..

Posted by StingRay > 2 months ago | Report Abuse

I will be collecting this counter slowly. For medium term. I like their involvement in the LNG business. With China biggest plant going online sometime later part of this year, I believe there will be some interest there. hahaha.

Posted by Davidl > 2 months ago | Report Abuse

More & more contracts ahead so price will steadily moving upward.

Posted by Invock > 2 months ago | Report Abuse

Has the latest private placement taken place?

Posted by StingRay > 2 months ago | Report Abuse

I don't think so as they just got the approval.

Posted by Mirage2000E > 2 months ago | Report Abuse

Private placement is Tesla. Elon musk buying Uzma cuz Uzma solar system technology others don't have. Uzma engineer's designed thier very own tech that users less voltage but produces higher power. Elon musk doesn't have this technology.

Posted by Mirage2000E > 2 months ago | Report Abuse

Uzma share pasti max $2.50 . Elon nak kapal angkasa guna Uzma technology.....Solar power. Lain negara tak ada ini technology.

Posted by 143922 > 2 months ago | Report Abuse

Slow la.Alon alon

Posted by harvest6138 > 1 month ago | Report Abuse

https://klse.i3investor.com/web/blog/detail/kenangaresearch/2023-04-11-story-h-273471393-Oil_Gas_Clarity_on_Sustainability_for_OGSE_players

Posted by harvest6138 > 1 month ago | Report Abuse

Uzma shall be benefited from the rising brownfield activities as well , hope to hear more good news from company soon ..

Posted by harvest6138 > 1 month ago | Report Abuse

https://klse.i3investor.com/web/blog/detail/kianweiaritcles/2023-04-11-story-h-273448176-Chinese_airlines_on_biggest_hiring_drive_in_more_than_3_years_as_travel

Recovery and increasing flight schedule in China may drive the oil demand as well ..

Posted by lloydlim > 1 month ago | Report Abuse

Time to accumulate.

Posted by 143922 > 1 month ago | Report Abuse

Tomolow la gapup

Posted by Davidl > 1 month ago | Report Abuse

Possible to break year high soon!

Posted by Mirage2000E > 1 month ago | Report Abuse

Apa cerita bikin pun mati katak ini Uzma share.

Posted by Mirage2000E > 1 month ago | Report Abuse

Iloydlim ,Davidl, 143922 memang kaki bodoh. Puji stock yg mundur. Mungkin bodoh sebab Belajar Economic di Bangla University.

Posted by harvest6138 > 1 month ago | Report Abuse

https://klse.i3investor.com/web/blog/detail/kianweiaritcles/2023-04-14-story-h-273355175-Oil_Gas_Sector_Outlook_Where_Do_We_Go_From_Here_Kenanga_Channel

TP from Kenaga is RM0.9 for Uzma ..

Posted by Mirage2000E > 1 month ago | Report Abuse

Adui...Bodoh punya stock mau lari tak boleh mau beli takut perangkap. Cuba terjun air terjun mungkin naik.

Posted by lloydlim > 1 month ago | Report Abuse

Again, time to accumulate.

Posted by harvest6138 > 1 month ago | Report Abuse

9Shares put Uzma into watch list as they managed to win 800millions worth of contacts in recent months and teh order book is now at 25B , which is 5B more compare with end of last year .. good sign and this shall keep them busy and profitable in next few years..

Posted by harvest6138 > 1 month ago | Report Abuse

sorry , the book order is RM2.5B not 25B , so they won another 500millions worth of contract in 4 months ...

Posted by mylinuxbsd > 1 month ago | Report Abuse

Going south to 0.5 again

Posted by harvest6138 > 1 month ago | Report Abuse

https://www.klsescreener.com/v2/news/view/1147259/o-g-revival-will-be-stronger-and-last-longer-says-uzma

Posted by harvest6138 > 1 month ago | Report Abuse

O&G revival will be stronger and last longer, says Uzma (from TheEdge )

Posted by armadatuah2017 > 1 month ago | Report Abuse

risk to accumulate as their cash flow is relatively low. Debt - Cash is at 3.6.. darn....operation is not generating cash fast enough.

Posted by armadatuah2017 > 1 month ago | Report Abuse

quite attractive to enter right now.

Posted by harvest6138 > 1 month ago | Report Abuse

The O&G company all have similar problems , high debt and highly rely on Petronas and end up giving up some margins to maintain the business , however , recently almost all of them mentioned that the rate been adjusted ,hence, should see higher margins in next QR .. the best scenario is to explore more opportunities from oversea market since that will bring higher margins and improve the profit..

Posted by Davidl > 1 month ago | Report Abuse

Strong support at 55cts.

Posted by harvest6138 > 1 month ago | Report Abuse

https://www.londonstockexchange.com/news-article/UPL/historical-block-sk334-data-confirms-prospectivity/15935731

Sarawak SK334 , is another area that may have oil reserve can be explored , if they decide to drill oil , Uzma and Penergy (currently they are working on SK433 ) may have chance to participate as well ..

Posted by armadatuah2017 > 1 month ago | Report Abuse

placement will make the price lower only... waiting for the exercise to over first. below 0.60 can give it a quick rush

Posted by lloydlim > 4 weeks ago | Report Abuse

Uzma bags new contract worth 45mil.

Posted by TCH1186 > 4 weeks ago | Report Abuse

Uzma secures RM45 million oil and gas support job in Thailand.

Posted by Davidl > 4 weeks ago | Report Abuse

https://www.klsescreener.com/v2/news/view/1152421

Posted by harvest6138 > 3 weeks ago | Report Abuse

https://www.thestar.com.my/business/business-news/2023/05/16/focus-on-value-stocks

Uzma have both O&G and Solar , should be benefited from current scenario . Anyway , the next QR is clear indicator if Uzma can survive well even during the recession...

Posted by lloydlim > 3 weeks ago | Report Abuse

Top 20 jewels 2023 by RHBIB

Posted by Davidl > 3 weeks ago | Report Abuse

O&G theme is back in focus!

Posted by Davidl > 3 weeks ago | Report Abuse

终于启动了，目前才一号牙。

Posted by lloydlim > 2 weeks ago | Report Abuse

Patiently wait for QR release

Posted by harvest6138 > 2 weeks ago | Report Abuse

Extracted from Uzma Linkedln

We are thrilled to announce that our Group CEO, Dato’ Kamarul Redzuan B. Muhamed, has been appointed as the Pro Tem President of the Malaysian Space Industry Corporation (MASIC).

As an industry-led platform, MASIC aims to create a thriving space industry ecosystem that promotes Malaysian space capabilities as well as attracts investment, talent, and partnerships from around the world. This initiative will inspire future generations of Malaysians to pursue careers and opportunities in the space industry, contributing to the nation’s socio-economic progress.

We are confident that under Dato’ Kamarul’s stewardship, the space sector will propel to new heights.

Posted by harvest6138 > 2 weeks ago | Report Abuse

Uzma also involve in Aerospace business ??

Posted by harvest6138 > 2 weeks ago | Report Abuse

https://www.klsescreener.com/v2/announcements/view/4839593

Secured another new contract for next 3 years , but did not mention about value .. anyway , should be another good news for company ...

Posted by Davidl > 2 weeks ago | Report Abuse

It is expected to contribute positively towards the earnings and net assets per share of the Company for the financial year ending 30 June 2023.

Posted by trade74 > 2 weeks ago | Report Abuse

From contract description, looks like high value contract. With CEO taking more external role, appears Uzma is doing well

Posted by trade74 > 2 weeks ago | Report Abuse

Hopefully Uzma BOD can consider bonus issue

Posted by Davidl > 1 week ago | Report Abuse

Engine starts!

Posted by lloydlim > 1 week ago | Report Abuse

Back on market radar now.

Posted by Davidl > 1 week ago | Report Abuse

Booming stock 2023!

Posted by harvest6138 > 1 week ago | Report Abuse

Depends on QR , Q3 is the weakest QR based on history , if they can deliver good or satisfactory QR in Q3 then for sure they do even better in next few QR for at least 2 to 3 years based on the contracts just been awarded in 2022 and 2023 ...

Posted by lloydlim > 1 week ago | Report Abuse

Shall we see the price breaks 70cts. today?