UZMA BHD

KLSE (MYR): UZMA (7250)

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Last Price

1.00

Today's Change

0.00 (0.00%)

Day's Change

0.995 - 1.01

Trading Volume

599,400


4 people like this.

6,195 comment(s). Last comment by chopstick 2 weeks ago

calvintaneng

56,165 posts

Posted by calvintaneng > 2019-06-01 17:14 | Report Abuse

Look at things objectively

Kwap sold. 3 Bank IBs downgraded Uzma to sell.

Dayang, carimin, penergy and Naim all dropped on Friday. So There are more sellers than buyers out there.

But look at the fundamental of Uzma objectively.

Though poor quarter the results still positive compared to others. All affected by monsoon delays

Now that we know only 6 wells have been completed there are yet 16 well decommissioning jobs to be completed.

And now time extended to Sept 2020 from July 2019 which is in favor for Uzma.

IBs have all wrongly concluded this extention to be cost overruns and cost borne by Uzma

Wrong. Wrong. Wrong. How wrong are these Investment Bankers making wrong assumptions!

The truth is this.

According to Uzma spokesman Mr Bong the job is dependent not by job completion but by time given for each job

So to dismatle each well it normally takes up to 14 days. And Uzma get paid by the days. In normal time it will be 14 days. Now that time is extended to 30 days Uzma will get extra 16 day's pay....more than double the norm.

This is extremely good for Uzma!!!

Wrongly interpreted as bad and these I'll informed IBs also dished out bad advise.

So Calvin and buddies will continue to accumulate Uzma on weakness

One more think

Last time My Johor Sifu studied Ajiya deeply into it's accounts and business

Then we bought into Ajiya at Rm1.50 or more
Suddenly EPF sold down Ajiya to a low of Rm1.24

When people panicked and throw we scooped up

As it turned out Ajiya top Rm4.50 years later and split

My Johor Sifu made Rm1.5 millions from Ajiya alone

So crisis of confidence creates undue sell down

To those who know presents an opportunity to buy cheap

The word crisis is a compound of 2 words in Chinese

Ngai - danger
Khay - opportunity

So Uzma is in a time of crisis as 3 IBs downgraded it. Plus Kwap also selling

And price falls as a result of subjective fear

But longer term it's fundamental shall dictate it's price and value

So is it danger or opportunity?

It's up to all to decide

For Calvin he does not follow the crowd

calvintaneng

56,165 posts

Posted by calvintaneng > 2019-06-01 17:23 | Report Abuse

Note

Ngai khay means danger opportunity

In crisis we must look for opportunity

So only in times of the greatest crisis will also be the time of greatest opportunity!

If we yield to subjective fear swayed by the emotion of the crowd we will act like the crowd

Or by objective clarity of the mind we make our decisions based an real facts and figures.
And low prices mean opportunity to buy cheap

They say, "success is preparation meeting opportunity"

BRAVOZULU

544 posts

Posted by BRAVOZULU > 2019-06-02 10:19 | Report Abuse

so far uzma can give me jajan money, so not bad laaa

value88

711 posts

Posted by value88 > 2019-06-02 13:37 | Report Abuse

Calvin, from where we can see evidence for your statement below :

"According to Uzma spokesman Mr Bong the job is dependent not by job completion but by time given for each job"

calvintaneng

56,165 posts

Posted by calvintaneng > 2019-06-02 16:16 | Report Abuse

Value88

I can give you Mr Bong direct number (Uzma office)

03 76114262

Please call him and let him know you are a genuine investor of Uzma shares.

Mr. Bong is friendly and helpful

chia88

1,189 posts

Posted by chia88 > 2019-06-02 19:28 | Report Abuse

I bot Uzma from 0.95 0.90 0.85 0.80 0.77 tomorrow I see u at 0.74

calvintaneng

56,165 posts

Posted by calvintaneng > 2019-06-02 19:57 | Report Abuse

Chia88

I bought Uzma from 89 sen, 85 sen, 82 sen, 79 sen, 77 sen, 75.5 sen

I once bought Pm Corp from 15 sen, 13 sen, 12 sen, 10 sen, 9 sen, 8 sen and lowest 7.5 sen

Yessss Pm Corp was 7.5 sen at the Rock bottom.

Then one day in 2013

Kabooooom Pm Corp shot up to 36 sen

So the ones I bought at 15 sen just doubled but the ones I bought in fear and panic from 9 sen to 7.5 sen jumped 300% or more!!

So the cheaper the better the lower the merrier

In times of the greatest fear the best value will emerge

"Bull market is borne in pessimism"
---John Templeton

value88

711 posts

Posted by value88 > 2019-06-02 20:03 | Report Abuse

Calvin, thanks.
I am not the shareholder yet, am considering Uzma.

nckcm

2,726 posts

Posted by nckcm > 2019-06-02 20:32 | Report Abuse

Valuee88 buy Uzma at 0.65

nckcm

2,726 posts

Posted by nckcm > 2019-06-02 20:33 | Report Abuse

And 0.5....

calvintaneng

56,165 posts

Posted by calvintaneng > 2019-06-02 21:30 | Report Abuse

Calvin say don't speculate about price.

Uzma Nta is Rm1.53

At 75.5 sen already more than 50% discount to value

With Rm21.7 billions yet to be awarded for Upstream and Uzma management hinted 2 more jobs award on the way just take position while cheap

And add more on weakness if there is any

calvintaneng

56,165 posts

Posted by calvintaneng > 2019-06-03 09:04 | Report Abuse

Best opportunity buy time now!!!

When others are fearfully selling be greedy!!!

calvintaneng

56,165 posts

Posted by calvintaneng > 2019-06-03 09:05 | Report Abuse

90% of the people sell when they should be buying

So they sell at the wrong time!

calvintaneng

56,165 posts

Posted by calvintaneng > 2019-06-03 09:05 | Report Abuse

Value is fixed.

Price is not

When price falls below true value.

BUY!!!

carilembu

1,249 posts

Posted by carilembu > 2019-06-03 09:09 | Report Abuse

KUMPULAN WANG PERSARAAN (DIPERBADANKAN) (a substantial shareholder) disposed 1,127,200 shares on 30-May-2019.

calvintaneng

56,165 posts

Posted by calvintaneng > 2019-06-03 09:09 | Report Abuse

Correct!!

Listen to Sifu Warren Buffet

To be greedy when others are fearfully selling

carilembu

1,249 posts

Posted by carilembu > 2019-06-03 09:12 | Report Abuse

WARREN bUFFET WON'T TOUCH THIS STOCK, IT DOESN'T MEET HIS MINIMAL CRITERIA

calvintaneng

56,165 posts

Posted by calvintaneng > 2019-06-03 09:13 | Report Abuse

Success in investment is first Mastering your emotions and go against the crowd

90% will fail here and so lose money eventually

Only 10% contrarian succeed

They buy at wrong time during euphoria when they should be buying

And they sell at wrong time during pessimism when they should be buying

By giving in to human emotion (our greatest enemy) they sell when they should be buying.

And then later when market rebound when they should sell then only chase?

carilembu

1,249 posts

Posted by carilembu > 2019-06-03 09:14 | Report Abuse

HOLLAND KING is here, looks like heading to 0.70

calvintaneng

56,165 posts

Posted by calvintaneng > 2019-06-03 09:15 | Report Abuse

Wahaha!!!

Who is the minority who cares to buy cheap !!

Very very very few!!

So the very few succeed!!!

Congratulations!!!

calvintaneng

56,165 posts

Posted by calvintaneng > 2019-06-03 09:43 | Report Abuse

Good news coming for Uzma due to 3 reasons

1. Petronas still got Rm21. 7 BILLIONS CASH FOR UPSTREAM JOBS TO BE ALL GIVEN BY DECEMBER 2019. UZMA IS IN UPSTREAM CHUN CHUN

2. 16 WELLS DECOMMISSIONING JOBS PLUS MANY OTHERS ONGOING FOR PROGRESSIVE CASH FLOWING INTO UZMA COFFERS
THIS ONE ALL CARELESS IBS MISSED

COST OVERRUNS ARE MISTAKEN FOR EXTRA EXPENSE

WRONG. COST OVERRUNS IN THIS CASE IS VERY VERY GOOD FOR UZMA AS PAYMENT COMMENSURATE WITH REAL TIME JOB SPENT

SO LONGER THE DELAY EQUALS LONGER THE SURCHAGE

JUST LIKE A TAXI METEE, WATER METER OR TNB METER. THE MORE USAGE THE MORE THE CHARGES

3. UZMA GOING TO ANNOUNCE 2 NEW JOB AWARDS SOON!!
WAHAHA!!!

Posted by Investor 999 > 2019-06-03 11:13 | Report Abuse

Agreed but share price goes down to 0.550 first.

Lemonfish

65 posts

Posted by Lemonfish > 2019-06-03 11:32 | Report Abuse

Calvin, please don't shout ady. Now 0.715 ady

apolloang

18,163 posts

Posted by apolloang > 2019-06-03 11:41 | Report Abuse

nevermind datuk calvin will tell johor royalties to buy more.....hehe

Beary

1,553 posts

Posted by Beary > 2019-06-03 12:07 | Report Abuse

Sipiteh says,

Don't get conned by former used car salesman conman calvintanenen.

Never buy down trending stocks.

Today's low could be tomorrow's high.

apolloang

18,163 posts

Posted by apolloang > 2019-06-03 12:10 | Report Abuse

car salesman is conman? why he sold for u kereta buruk ar? hahaha

nckcm

2,726 posts

Posted by nckcm > 2019-06-03 12:33 | Report Abuse

0.65 come... then 0.5...

Woodswater

3,778 posts

Posted by Woodswater > 2019-06-03 13:48 | Report Abuse

Accu today 71.5 c ( bargain 10% fr last week 80 c). Wish to everage down 72 c - 10% = 65c then.... Even 50 c.
Hooray, I 'm buying cheap air Asia x tickets to Makan angin at Netherlands of Europe!

Wakakakaka

moneykj

6,131 posts

Posted by moneykj > 2019-06-03 13:53 | Report Abuse

Cannot see the bottom yet.

moneykj

6,131 posts

Posted by moneykj > 2019-06-03 13:54 | Report Abuse

Go for rock bottom Parkson

ramada

3,955 posts

Posted by ramada > 2019-06-03 13:56 | Report Abuse

Hangus.

carilembu

1,249 posts

Posted by carilembu > 2019-06-03 15:01 | Report Abuse

dropping like no tomorrow! and holland king still promoting

calvintaneng

56,165 posts

Posted by calvintaneng > 2019-06-03 15:25 | Report Abuse

OK guys

All don't buy first

Let no. Sorchai buy some at 71 sen now queueing

I want to take Holland king title as all so clever selling and running

calvintaneng

56,165 posts

Posted by calvintaneng > 2019-06-03 15:26 | Report Abuse

Wahaha Calvin becomes number one sorchai buying Uzma at 71 sen now

calvintaneng

56,165 posts

Posted by calvintaneng > 2019-06-03 15:28 |

Post removed.Why?

ramada

3,955 posts

Posted by ramada > 2019-06-03 15:30 | Report Abuse

If you so confident, just shut up and buy as much as you can. Don't try to trap newbies again.

calvintaneng

56,165 posts

Posted by calvintaneng > 2019-06-03 15:33 | Report Abuse

Okok

Silence please

AND all go away now

calvintaneng

56,165 posts

Posted by calvintaneng > 2019-06-03 15:34 | Report Abuse

No one should be here or buying except Calvin and sorchai

Woodswater

3,778 posts

Posted by Woodswater > 2019-06-03 15:41 | Report Abuse

Ha, i’m One of the sorzai who buying OnG related counter recommended master Calvin here .

Wakakakaka

Woodswater

3,778 posts

Posted by Woodswater > 2019-06-03 15:43 | Report Abuse

Starting now , v all keep quiet ,open our eyes n see big pictures

Woodswater

3,778 posts

Posted by Woodswater > 2019-06-03 15:54 | Report Abuse

I just want to c whether so much Malaysiansssssss expertsssss sifusssssss to challenge a single singapolan . Let c who can laughing till the last .. which I c a pakcik k supported who hardsell Sayang b4 likes to made enemy with neighbour border pal.

Wakakakaka

calvintaneng

56,165 posts

Posted by calvintaneng > 2019-06-03 16:15 | Report Abuse

IN REAL LIFE WHEN THERE IS A SALE PEOPLE RUSH TO BUY

EXAMPLE

IF ANLENE POWDER SELLS FOR RM36

SALE SAY RM33,95

SURE CAN BUY

IF ANLENE OFFERS BUGGER DISCOUNT?

SAY RM29.95?

WAHAHA!


WE HAPPILY BUY EVEN MORE


ANLENE MILK POWDER DROPPED TO RM19.95?


NOW SURE PANIC DUE TO BEING UNSURE WHETHER GENUINE OR NOT


IS IT FAKE ANLENE?


NO PROBLEM


NOW VISIT ANLENE FACTORY


CONFIRM PRODUCT GENUINE


OFFER IS ONE OFF


SO RM19.95?


GO WALLOP KAW KAW!!


BUY A LIFE TIME WORTH!!!

calvintaneng

56,165 posts

Posted by calvintaneng > 2019-06-03 16:17 | Report Abuse

IN REAL LIFE STOCK MARKET GOT A SALE


STOCK PRICE DROPPED BY 10%?

QUITE HESITANT


STOCK PRICE DROPPED BY 20%?

NOW FEARFUL


STOCK PRICE CRASHED BY 30%?


AIYOYO

PANIC WITH GREAT FEAR!! FACE ALSO TURNED GREEN

calvintaneng

56,165 posts

Posted by calvintaneng > 2019-06-03 16:18 |

Post removed.Why?

apolloang

18,163 posts

Posted by apolloang > 2019-06-03 16:19 | Report Abuse

why must buy to support bursa? let EPF sendiri beli,when index up only selected blue chips up,when index down all down......boycott bursa

apolloang

18,163 posts

Posted by apolloang > 2019-06-03 16:20 | Report Abuse

don't keep buying u bankrupt yourself....how much u can buy?

calvintaneng

56,165 posts

Posted by calvintaneng > 2019-06-03 16:21 | Report Abuse

PETRONAS ALREADY MADE MONIES

PETRONAS MACAI SURE GOING TO GET SOME BUSINESS

BANKS ALSO AGREED TO BACK SME SUPPORT OGSE


EVERYTHING IS IN ORDER


JOBS WILL BE AWARDED ACCORDING TO SCHEDULE


REVENUE WILL INCREASE


COMPANY GOING TO MAKE MONEY


SHARE PRICE GOING DOWN. SO PANIC?


SHARE PRICE GOING FOR SALES


SO?


RUN AWAY IN PANIC?


WHO ARE THE SORCHAI??

villian

8 posts

Posted by villian > 2019-06-03 16:22 | Report Abuse

petronas go venuezela exploration oil

apolloang

18,163 posts

Posted by apolloang > 2019-06-03 16:23 | Report Abuse

make money 10 years also no use then suddenly like sumatec,daya,perisai 1 year lost all

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