In Uzma report it stated that Uzma secured a decommissioning job for 22 oil rigs for a 12 month period starting from July 2018 and completion by July 2019
Now we can expect May and August 2019 Uzma results to range from good to excellent.
Since Uzma has received decommissioning jobs for 22 oil rigs plus commissioning of 3+6 new rigs installation and many other jobs awarded ...wait for good results this 30th May, Aug and Nov 2019
The 22 oil rigs dismantling will take from July 2018 to July 2019
If payment from Petronas is progressive then good news should be out this quarter on 30th May 2019
Last 2 quarter reports already showed increment by 14% and then 28%
Hope it can break both records to meet the Golden Rule
If so then Uzma should race ahead in front of dayang, Naim, Penergy and Carimin to be the new oil and gas taiko
If an undervalued stock falls.... while the fundamentals – after checking and rechecking – are confirmed to be unchanged, we should relish the opportunity to buy significantly more ‘on sale" Seth Klarman
NOTE:
DAYANG DROPPING UNDULY PULL DOWN FUNDAMENTALLY STRONG UZMA
SO NOW FOR THOSE WHO MISSED UZMA ABOVE 80 SEN IS GETTING A BARGAIN
SEE EPF BOUGHT UZMA AT HIGHER PRICES
EMPLOYEES PROVIDENT FUND BOARD 06-May-2019 Acquired 157,000 0.000 View Detail EMPLOYEES PROVIDENT FUND BOARD 30-Apr-2019 Acquired 100,000 0.000 View Detail EMPLOYEES PROVIDENT FUND BOARD 19-Apr-2019 Acquired 100,000 0.000 View Detail EMPLOYEES PROVIDENT FUND BOARD 17-Apr-2019 Acquired 100,000 0.000 View Detail EMPLOYEES PROVIDENT FUND BOARD 11-Apr-2019 Acquired 79,200 0.000 View Detail EMPLOYEES PROVIDENT FUND BOARD 09-Apr-2019 Disposed 135,000 0.000 View Detail EMPLOYEES PROVIDENT FUND BOARD 29-Mar-2019 Acquired 100,000 0.000 View Detail EMPLOYEES PROVIDENT FUND BOARD 28-Mar-2019 Acquired 100,000 0.000 View Detail EMPLOYEES PROVIDENT FUND BOARD 27-Mar-2019 Acquired 90,000 0.000 View Detail EMPLOYEES PROVIDENT FUND BOARD 26-Mar-2019 Acquired 100,000 0.000 View Detail EMPLOYEES PROVIDENT FUND BOARD 25-Mar-2019 Acquired 100,000 0.000 View Detail EMPLOYEES PROVIDENT FUND BOARD 22-Mar-2019 Acquired 14,700 0.000 View Detail EMPLOYEES PROVIDENT FUND BOARD 21-Mar-2019 Acquired 100,000 0.000 View Detail EMPLOYEES PROVIDENT FUND BOARD 19-Mar-2019 Acquired 100,000
1. Uzma is facing cyclical uptrend demand for oil and gas. Now in positive mode
2. Petronas Rapid refinery does add pressure for more demand for crude oil. But this is generally known widely
3. Too many players are in oil and gas industry... With competition for jobs some are quoting too low prices
4. Uzma is not joking low end low profit jobs but looking at higher profit margin. Very good
5. Problem with Barakah is they are not versatile. Fixed assets are rigid and unable to deploy for other usage.
6. Uzma has no oil rigs but Uzma has 9 HWUs. The ones in Malaysia are off shore but the ones in Thailand are landbased
7. Best of all The decommissioning jobs for Pulai are 22 oil wells. It takes up to 2 weeks to decommission each oil well. The longer the job done the better as payment commensurate with piece meal job done in time length
8. For decommissioning jobs from July 2018 to completion (estimated) July 2019 the payment from Petronas is progressive. This is good for cash flow
9. Uzma also actively bidding for more fresh jobs
10. All good signs point to a much better 2019 and 2020
Excellent!
Results for May 2019?
Wait as this is confidential
So look forward to 30th May 2019
Happy investing
THE flow of information precedes the flow of wealth
Maybe Calvin can comment on how he gets his 200% return on ALL those stocks he promoted in 2019 alone. These are actually figures from his blogs, date that he promoted them and the current results.
See Calvin how easy that was? Maybe you can tell us how much you put in each stock so we really know how much money you lost. Then I can gauge where you are really getting your investment income from.
So many have made tons of monies buying value shares at bottom These value shares have turned into hot stocks later and Calvin happily told all to take profit
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calvintaneng
56,165 posts
Posted by calvintaneng > 2019-05-17 11:06 | Report Abuse
Penang is a terrible backward place filled with opportunities while Spore is such a well developed country with little opportunity left
As an investor Penang is great
As a retiree I think Spore is better