There are few more Oil and Gas counters like UZMA which are going to performs well and you can make handsome profits.for levels contact in telegram @revathi_4
KUALA LUMPUR (March 14): Uzma Bhd has secured a two-year contract for the provision of directional drilling services from Indonesia’s Pertamina Hulu Energi Onshore North West Java (PHE-ONJW).
i didn't sell my 5,000 shares. i saw people love to scream sell and talk bad, i just make them feel happy only. 5,000 shares, sell with few cents profit for what? i will sell if uzma move like dayang.
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.
Uzma secured another contract from PTTEP Siam Limited. This is the 2nd contract secured barely few days after getting a contract from PT Pertamina Hulu Energi Indonesia.
KUALA LUMPUR (March 20): Upstream oil and gas services provider Uzma Bhd’s shares rose 3.03% this morning after its unit MMSVS Group Holdings Co Ltd was been awarded a three-year contract to provide onshore hydraulic workover services.
At 9.06a, Uzma added 3 sen to RM1.02 wiith 618,700 shares done.
The contract — awarded by PTTEP International Ltd, PTTEP Siam Ltd, and PTTEP SP Ltd — commenced on March 1 and is valid until June 30, 2022 with a one-year extension option, it said.
Correction time should be over. Strong oversold signal, with EPF accumulating for the past few days. Fundamental still intact with RM1.2b order book, gross profit margins >30% and active tender book of RM3 billion.
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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....
First_Oil
19 posts
Posted by First_Oil > 2019-02-27 19:04 | Report Abuse
uzma profit is seems squeezed but still profitable. rm 1 is still reasonable price PE below 15