Posted by calvintaneng > 2019-05-29 19:22 | Report Abuse

So many naysayers so happy?

Wait lah

Let Calvin check up why management so positive, ok

Posted by kariwong9394 > 2019-05-29 19:35 | Report Abuse

It can't blame on calvintaneng, cause this is a cyclical monsoon season, and all counter of O&G company will affected by it... The company still can deliver positive digit profit is much blessing d.. I believe with good fundamental base, it will come back profit on the coming quarter..

Posted by (US/CHN trade war doesn't matter) Philip > 2019-05-29 19:43 | Report Abuse

https://klse.i3investor.com/servlets/pfs/123029.jsp

>>>>>>>

Calvin says uzma looking for high quality jobs with good margins. If that is so, why did revenue increase buy profit drop by 69.6%? Let's try to understand calvin tan method of thinking. The best is to start by asking the obvious question. How many percent of his 36 recommended stocks portfolio within this 5 months should we invest in? 2% of your average cost? If that is the case in a 100k portfolio we invest only 2k? This is a really waste of energy commenting.

But we shall push forward. Maybe Calvin tan is actually a 200% return guy? We shall edit this portfolio when and if he does a sell call on any of his promoted stocks to take profit.

So far it's not looking good for Calvin.

Posted by lachai2004 > 2019-05-29 19:44 | Report Abuse

The management of, Airasia, FGV and too UZMA, also mentioned current quarter will show good results but....always prepared for it.. up or down doesn't matter as long the fundamental is still intact ^o^^o^^o^

Posted by calvintaneng > 2019-05-29 19:47 | Report Abuse

Ok, take a good look at the figures

Revenue about Rm300 millions

Gross profit about Rm100 millions

So company is correct to say they expect higher margin of profit at least 30%

The thing that dragged down performance was an impairment

Now read more carefully management remains positive

22 oil wells decommissioning still ongoing till July 2019

Another positive sign is Epf kept up buying Uzma shares

Posted by lachai2004 > 2019-05-29 19:51 | Report Abuse

I like uzma beside it's fundamental, the shareholding spread was tidely controlled

Posted by Lemonfish > 2019-05-29 21:45 | Report Abuse

Thr QR 2019 is much more better than 1st QR 2018, consider good ady

Posted by dlau8899 > 2019-05-29 22:20 | Report Abuse

Quater result drop more than 50 % compare with last quater

Posted by calvintaneng > 2019-05-29 23:21 | Report Abuse

Dlau8899

Feb 2019 result was

Rm105 millions in revenue
Gross profit rm37 millions

May 2019 result

Rm300 millions
Gross profit rm100 millions

So if you study more carefully you will notice that in spite of monsoon revenue is up by almost 200% as well as gross profit

Only setback is management has chosen to deduct impairment for this quarter.
If not result should be even better than Feb 2019 by 3x

Now with impairment over we look forward to Aug 2019 and Nov 2019

Management is very positive as they see better days ahead still future

Posted by kariwong9394 > 2019-05-29 23:46 | Report Abuse

I believe with this results, tomorrow share price will drop ...

For those who have bought so much, u gotta ready to accept the loss & know how to cut loss..


Any buy & sell is in your own risk...

Posted by nckcm > 2019-05-29 23:54 | Report Abuse

Tomorrow gap down confirm .

Posted by calvintaneng > 2019-05-29 23:57 | Report Abuse

Posted by kariwong9394 > May 29, 2019 11:46 PM | Report Abuse

I believe with this results, tomorrow share price will drop ...

For those who have bought so much, u gotta ready to accept the loss & know how to cut loss..


Any buy & sell is in your own risk...

SHARE PRICE WILL DROP?

THEN CALVIN'S OPERASI TONG SAMPAH IN OPERATION

This is how Calvin will buy

78 sen buy 5 lots

77 sen buy 6 lots

76 sen buy 7 lots

75 sen buy 8 lots

74 sen buy 9 lots

73 sen buy 10 lots

70 sen buy 20 lots

60 sen buy 50 lots

50 sen buy 100 lots

30 sen buy 500 lots

10 sen Sell one house and put all inside

1 sen (CALVIN WILL SELL EVERYTHING AND TAKE OVER UZMA)

Posted by amet2017 > 2019-05-30 07:16 | Report Abuse

Uzma is still profitable. They have the expertise.. Just relax.

Posted by Shinnzaii > 2019-05-30 08:46 | Report Abuse

this quarter without the re-measurement gain and deduct back the impairment...still loss...balance sheet still ok

Posted by BRAVOZULU > 2019-05-30 09:45 | Report Abuse

dont think too much, buy only haha

Posted by siaoliao > 2019-05-30 10:30 | Report Abuse

HOLLAND

Posted by calvintaneng > 2019-05-30 10:34 | Report Abuse

REMEMBER THESE FACTS:

1) UZMA NOW AT 78 SEN WITH NTA OF RM1.53 IS SELLING AT 50% DISCOUNT TO NTA. HUGE MARGIN OF SAFETY

RM60 MILLIONS ARE IN REAL ESTATE. 9 HWUs (Both Offshore & Onshore) & Others employed gainfully

Posted by calvintaneng > 2019-05-30 10:37 | Report Abuse

Revenue 304,536,000
Gross profit 35%
GPM
107,095,000

AS PROMISED (REFER TO DETAILS OF ANNOUNCEMENT) COMPANY DELIVERED 35% GROSS PROFIT

ONLY IMPAIRMENT CUTS INTO PROFIT WHICH IS ONE OFF

Posted by calvintaneng > 2019-05-30 10:39 | Report Abuse

UZMA HAS SECURED DECOMMISSIONING JOB FOR 22 OIL WELLS WHICH LAST FROM JULY 2018 TO JULY 2019

PLUS MANY OTHER JOBS IN PROGRESS WHICH ARE STILL BRINGING IN PROFITS IN REAL TIME

Posted by calvintaneng > 2019-05-30 10:40 | Report Abuse

THIS YEAR UZMA SECURED 2 JOBS. ONE IN THAILAND & ONE IN INDONESIA

PROSPECTS AND PROGRESS TO ACHIEVE FORECAST FOR NEXT FINANCIAL YEAR (CONT’D)
(xiii) As announced on 14 March 2019, PT Cougar Drilling Solution Indonesia
(“PTCDSI”), 90.25% fellow subsidiary of Uzma had been awarded a contract for the
Provision of Directional Drilling Services for PT Pertamina Hulu Energi Onshore
West Java (“PHE-ONWJ”). The tenure of the contract is two (2) years from 25
February 2019 to 25 February 2021 with an extension option subject to the approval
of SKK MIGAS, an institution established by the Indonesia government to manage
upstream oil and gas business activities. The execution of contract is depending on
work orders to be issued to PTCDSI from time to time at the discretion of PHEONWJ. Hence, any delay in issuing work orders will lead to delay in revenue
recognition. The Group expects the contract to contribute positively to its future
earnings by taken into the consideration of risk associated with the contract.
(xiv) As announced on 19 March 2019 and 20 March 2019, MMSVS Group Holdings Co.,
Ltd (“MMSVS”), a wholly owned subsidiary of the Group had been awarded a
contract for the Provision of Onshore Hydraulic Workover Services (340K) for
PTTEP International Limited, PTTEP Siam Limited and PTTEP SP Limited. The
tenure of the contract is three (3) years from 1 March 2019 to 30 June 2022 with a
maximum extension option of one (1) year. The Group expects the contract to
contribute positively to its future earnings by taken into the consideration of
execution risk associated with the contract.

Posted by calvintaneng > 2019-05-30 10:42 | Report Abuse

UZMA HAS DRILLING OIL JOBS LIKE SCOMIES IN INDONESIA

UZMA ALSO SECURED ONSHORE JOBS FOR HWUs IN THAILAND

Posted by Beary > 2019-05-30 10:43 | Report Abuse

Conman calvin tanenen is an UZMA

UNASHAMED ZEALOT MADERFAKKER ASSHOLE

He and his johor gang bought at 0.80 then issue buy call at 0.84.

He sold all at 0.85-0.86 leaving his followers stuck.

Now he is back for second round.

Posted by calvintaneng > 2019-05-30 10:44 | Report Abuse

MANAGEMENT IS SANGUINE

PROSPECTS AND PROGRESS TO ACHIEVE FORECAST FOR NEXT FINANCIAL YEAR
Barring any unforeseen circumstances, the Directors remain optimistic with the Group’s
prospects for the remaining period to the end of financial year and next financial year, based
on the positive developments of the Company specific in PTD 2018 as follows:


WHY SO?

BECAUSE OF 2 NEW JOBS COMING SOON!!

Posted by Beary > 2019-05-30 11:41 | Report Abuse

Be wary when conman calvin tanenen offers you free lunch.

His real intention is to steal your lunch.

Posted by Beary > 2019-05-30 11:45 | Report Abuse

Conman calvin tanenen was a used car salesman.

We all know how deceitful, dishonest and untrustworthy used car salesman are.

Posted by ramada > 2019-05-30 11:46 | Report Abuse

Hangus. Kenanga & HL downgrade Uzma to underperform. TP RM0.69 to RM0.70.

Posted by ramada > 2019-05-30 11:47 | Report Abuse

Downside risk 10%. No any potential upside.

Posted by siaoliao > 2019-05-30 11:59 | Report Abuse

NEW HOLLAND RESEARCH...

Posted by calvintaneng > 2019-05-30 12:05 | Report Abuse

Calvin just got 77 sen in tong sampah

So good

Now Queueing all the way down

See if can get all inside tong sampah by end of today

Remember Sifu words

"To be greedy when others are fearfully selling"
... Warren Buffet

Posted by calvintaneng > 2019-05-30 12:11 | Report Abuse

Remember all these

1. Last time Calvin called for a buy on Rcecap when TA Security called for a sell on Rcecap at 27.5 sen

Rcecap boss Datuk Hashim was collecting at 27.5 sen. So Calvin and Johor Buddies gladly followed

Then Rcecap gave out 7.5 sen and consolidation from 4 shares to one

So

27.5 sen less 7.5 sen = 20 sen

4 shares of rcecap into one

20 sen x4 = 80sen

Today Rcecap (King of ah long) doubled to Rm1. 60

And Rcecap is bro Jon Choivo favourite now

Posted by Beary > 2019-05-30 12:11 | Report Abuse

Sweet talking and lying are second nature to Conman calvin tanenen.

Posted by calvintaneng > 2019-05-30 12:14 | Report Abuse

Example no. 2

Calvin called for a buy on Lafarge at Rm2. 25 but Aminvestment downgrades Lafarge to only Rm1. 50

In the end Ytl took Lafarge private at a chun chun Rm3. 75

More than Rm2. 00 above Aminvestment IB price of Rm1. 50

Check this out

Posted by hl18 > 2019-05-30 12:14 | Report Abuse

but I wonder why EPF keep buying if the prospect not good?

Posted by calvintaneng > 2019-05-30 12:15 | Report Abuse

Uzma

Utterly

Zealous

Mastering

All

Posted by calvintaneng > 2019-05-30 12:15 | Report Abuse

After today weakness and panic throwing

Uzma shall rebound!!!

Posted by ramada > 2019-05-30 12:20 | Report Abuse

Uzma Berhad - Further Disappointment. TP RM0.57. Good luck.
https://klse.i3investor.com/blogs/PublicInvest/208742.jsp

Posted by ramada > 2019-05-30 12:20 | Report Abuse

Will drop to 60 sen before next quarterly result. Don't say I didn't warn you.

Posted by amet2017 > 2019-05-30 12:26 | Report Abuse

hehe only after IB publish new TP come and warn aa? no need to warn oso people can read..hehe

Posted by Beary > 2019-05-30 12:36 | Report Abuse

Conman calvin tanenen

How is your cbip, bjcorpse, jtiasa, prestar, masteel, mhb, velesto, t7global, l&g, tanamT,asiapac, mphbcap, TA etc etc etc.

Still holding?

Buy more to put in tong sampah?

Posted by Beary > 2019-05-30 12:45 | Report Abuse

Being a former used car salesman, sweet talking and lying are second nature to Conman calvin tanenen.

Posted by calvintaneng > 2019-05-30 12:46 | Report Abuse

From Public IB

Recovery may take longer than expected. The discrepancy in our forecast versus reported numbers are actually due to the Pulai A Plug & Abandonment project. Although contributions improved this current quarter, recognition was below expectations. This is mainly due to the extension of the contract’s lifespan to Sept 2020 from June 2019 initially. Hence, earnings contribution will be spread over up to 1QFY21. While it is making good progress, works are taking longer than expected, with 30 days spent per well from the previously guided of 17 days/well. Uzma is currently working on well #7 from a total of 22. Total Group orderbook currently stands at RM1.3bn, with RM800m in firm contracts and estimated RM500m likely from umbrella contracts. Tender book remains healthy at RM3bn.


PUBLIC BANK IB DIDN'T TALK TO MANAGEMENT


GOOD!!!

ACCORDING TO MR BONG OF UZMA

NORMAL WELL DECOMMISSIONING TAKES 10 TO 14 DAYS

IF GOT DELAY BETTER AS PAYMENT IS COMMENSURATE PER JOB IN TIME DONE

SO 30 DAYS ANYTIME BETTER THAN 14 DAYS

THAT MEANS MORE PROFIT (AND EXTENDED PROFIT) IF CONTINUES TILL YEAR 2020

DON'T MISREAD FINANCIAL STATEMENTS IF THESE ARM CHAIR ANALYSTS DON'T KNOW ACTUAL STATUS

CALVIN TAN RESEARCH CALLS FOR BUY UZMA ON WEAKNESS

Posted by KML889 > 2019-05-30 13:04 | Report Abuse

No offense but in the end you are solely responsible for your own investment decisions. Win or lose is part of the journey.

Posted by Beary > 2019-05-30 13:18 | Report Abuse

KML889 if your daughter got raped by her date you will you say who asked you to go out with him.

He only asked you out for a date.

He didn't point a gun to your head to force you to go out with him.

You should be responsible for your own decision.

Is that so smart ass?

Posted by calvintaneng > 2019-05-30 13:19 | Report Abuse

Already secured Rm300 millions in revenue and 7 wells completed there are still assured profits from 15 wells dismantlation.

Also in progress are jobs secured from years 2014, 15, 16, 17 and 18

3 new wells being built plus 6 more on standby

2 more jobs secured so far for year 2019

These are high value jobs with projected 35% gross profit

Plus company going to secure 2 extra new jobs coming soon

So all these add up for bountiful years of 2019 and 2020

And these are still in progress

1. Petronas Rapid Refinery now requires 54.7 millions barrels of extra crude oil

2. Govt asked Petronas for extra Rm30 billions revenue for projects

3. Crude oil still near USD70 makes it profitable for increased exploration and extraction

4. Petronas capex of Rm30 billions mainly designated for off shore
And Uzma is specialist for offshore

Posted by siaoliao > 2019-05-30 13:27 | Report Abuse

HOLY SHIT IS GETTING CLOSER TO HOLLAND

Posted by amet2017 > 2019-05-30 14:01 | Report Abuse

Holland is a 12-13 hours flight from Malaysia..Jinjapoh is closer lor

Posted by siaoliao > 2019-05-30 14:19 | Report Abuse

i now otw video call with parent , i tell them i almost reach Holland..........HAPPY HOLIDAY GUYSSSSS

Posted by calvintaneng > 2019-05-30 14:53 | Report Abuse

Be greedy when others are fearfully selling

This is the secret why only 10% of the brave buy when all others are selling

Posted by UnicornP > 2019-05-30 14:54 | Report Abuse

But now looks like be fearful when everyone is greedy liao.

Posted by KML889 > 2019-05-30 15:30 | Report Abuse

Insolent fool beary scum bag. Go to hell for good