Posted by calvintaneng > 2019-08-13 16:17 | Report Abuse

Talam still benefits from Ecrl passing near Seroja Apt in Dengkil

And see how naysayers missed mp Corp at 3 sen thinking it is finished

Surprised those who bought at 3 sen could have sold above 15 sen for 500% profit

Posted by 10218296660755375 > 2019-08-13 18:57 | Report Abuse

Calvin pls buy more and support the price ya

Posted by CHLEONG888 > 2019-08-13 19:51 | Report Abuse

Follow Calvin Tan, may end up in Holland. better think twice

Posted by calvintaneng > 2019-08-13 20:40 | Report Abuse

10218296660755375

Calvin pls buy more and support the price ya
13/08/2019 6:57 PM

Thank you for having confidence in Calvin

Calvin thinks Uzma will report good results for Aug & Nov 2019 quarters

So Uzma will go up on its own strong fundamental

Posted by calvintaneng > 2019-08-13 20:43 | Report Abuse

Hi guys

Now is the time to buy Uzma at 62 sen. The upside is almost 100% at Rm1.20

And these are the prevailing reasons for buying Uzma

At 62 sen with NTA of Rm1.54 Uzma is selling at a 60% discount to NTA.
2. Taking Ben Graham 30% Discount to NTA of Rm1.54 for margin of safety Uzma should be valued at Rm1.08. But we target it at Rm1.20 because Uzma has won many Job contracts which will translate it to exceptional earnings

3. Due to 3 IB (Investment Banks) downgrade & Kwap selling Uzma is now at bargain basement levels. Hence of all OGSEs Uzma offers the best bargains.

4. ONLY PREVAILING NEGATIVE SENTIMENT WAS DUE TO KWAP RELENTLESS SELL DOWN. BUT THIS PRESENT US A WONDERFUL OPPORTUNITY TO BUY UZMA AT SUCH OVERSOLD PRICES

5. SETH KLARMAN FUND STARTED TO BUY WHEN BIG FUNDS WERE SELLING GOOD SHARES (LIKE KWAP SELLING UZMA NOW)

AS A RESULT OF HUGE POSITIONS SETH KLARMAN TOOK DURING UNNECESSARY OVERSELLING HE LATER BECAME A BILLIONAIRE FUND MANAGER

6. Monsoon now over the 16 Oil decommissioning jobs should register better profits for August 2019 & onwards

7. Uzma Directors and Insiders are now so sanguine that they are buying Uzma shares from open market with their own hard earned monies. Among those sanguine over Uzma are Uzma Top Boss, Director of Sales & even Uzma CFO.

8. At 62 sen Uzma is even cheaper than Rights Issue at 75 sen which Directors took up in year 2014

9. In year 2014, 2015 & 2016 when Oil Price crashed below USD 50 per barrel Uzma was performing spectacularly as Uzma can do well both in good and bad times. In good times Petronas will do more oil exploring and in bad times Petronas will dismantle & decommission more oil platforms. In all areas Uzma has the expertise.

10. With all the above converging positive factors Calvin Tan Research is now calling for a strong buy on Uzma. Anything below 65 sen just buy as much as you can afford.

BEST REGARDS

Calvin Tan Research

Jurong West, Singapore

Please buy/sell after doing your own due diligence

Posted by calvintaneng > 2019-08-13 20:47 |

Post removed.Why?

Posted by calvintaneng > 2019-08-13 20:50 |

Post removed.Why?

Posted by anticonman > 2019-08-13 20:55 | Report Abuse

Agree. Look at B Puri, MP Corp, BJ Corp, etc.

Posted by CHLEONG888 > Aug 13, 2019 7:51 PM | Report Abuse
Follow Calvin Tan, may end up in Holland. better think twice

Posted by calvintaneng > 2019-08-13 21:02 |

Post removed.Why?

Posted by Jerichomy > 2019-08-13 23:14 | Report Abuse

When u see calvin tan, promote, pls run

Posted by freddiehero > 2019-08-13 23:17 | Report Abuse

haha.. r u ready?

Posted by calvintaneng > 2019-08-14 00:07 | Report Abuse

Hahaha you so baby

Run from a gold mine and then?

Step into some land mines later

Posted by gogreen > 2019-08-14 09:07 | Report Abuse

Hi, Calvin pls give some advice in asiapac, T7global, azrb, destini & muiprop .... counter. Thks...

Posted by calvintaneng > 2019-08-14 09:52 | Report Abuse

Good morning all

Gogreen

All these stocks are fundamentally sound

Their time to shine in the sun will come

For now it is Uzma's turn.

These are the reasons why Uzma is a stock whose time has come

1. All the jobs awarded in 2014 to 2019 are now in progress and pay time for Uzma.
Management knowing the abundance of profits accrued have been sanguine all along inspite of naysayers who were ignorant

2. The total sold down due to 3 IBs downgrade and Kwap selling has made Uzma a bargain too cheap for Directors to resist.
Really "Bei tahan leow" so they got to sapu too cheap grossly oversold Uzma shares

3. Who knows ?
Due to cumulative jobs secured and the accrued profits flowing in there might be a surprise windfall coming for faithful shareholders

There might be
1. A sudden huge dividend
(See Calvin buy call on Complete Logistic. It gave a windfall dividend of 16 sen after all naysayers mouth have been shut up!)

2. Free bonus issue (no need to pay for Rights Issue) as Company expects lots of revenue turning into real profits

3. Free warrants

4. For this purpose it is now time to buy. And who are buying?

Those who followed Calvin bought Carimin at 39 sen and all who followed Calvin buying Naim at 50 sen are now happily buying Uzma

5. And for fear that Uzma prices will run up too fast Insiders/Directors are also rushing to buy

Will August 2019 and November 2019 be good, excellent or fantastic?

Yet to be seen

But the Best is Yet To Come!

Posted by calvintaneng > 2019-08-14 09:58 | Report Abuse

HighlightsPerform research on stocks before trading. Check out the Price Target page.
0

THE INVESTMENT APPROACH OF CALVIN TAN

Author: calvintaneng | Latest post: Tue, 13 Aug 2019, 8:49 PM | >> Go to Blog Dashboard

Hi Guys,

I have An Investment Approach I which I would like to all.

Blog Headlines (by Date) Blog Index
A DEEPER LOOK AT UZMA SECURED JOBS WHICH WILL TURN BALANCE SHEET POSITIVE, Calvin Tan Research
Author: calvintaneng | Publish date: Tue, 13 Aug 2019, 11:39 AM

16. 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:

(i) On 1 April 2014, the Company announced that a contractor Group that includes its wholly owned subsidiary, Uzma Energy Venture (Sarawak) Sdn. Bhd. and EQ Petroleum Developments Malaysia Sdn. Bhd. (“Contractor Group”), had on 27 March 2014 signed a Small Field Risk Service Contract (“SFRSC”) with Petroliam Nasional Berhad to carry out the development and production of petroleum from the Tanjung Baram Fields.

NOTE

IN YEAR 2014 DIRECTORS OF UZMA ISSUED 1 FOR 1 RIGHTS AT 75 SEN

THEY DARE TO TAKE UP ALL RIGHTS ISSUE AT 75 SEN

NOW AT 62 SEN IT IS SO CHEAP THAT THEY CANNOT RESIST BUT HAVE TO BUY MORE FROM OPEN MARKET

Posted by calvintaneng > 2019-08-14 09:59 | Report Abuse

(ii) As announced on 10 July 2015, UESB was awarded by PETRONAS Carigali Sdn Bhd (“PCSB”) with a contract for Leasing, Operation and Maintenance of the D18 Water Injection Facility for PCSB. The contract value is estimated at RM350 million to RM400 million. The duration of the contract is for 5 years leasing period effective from 31 March 2016.

(NOTE: CONTRACT RM400 MILLIONS FROM 31 MARCH 2016 TO 31 MARCH 2021. THE PROFITS WILL BE ACCRUED FROM ONGOING WORK PROGRESS. Calvin Tan Research)

Posted by calvintaneng > 2019-08-14 09:59 | Report Abuse

(iii) As announced on 6 February 2017, UESB was awarded by PETRONAS Carigali Sdn Bhd with an Umbrella Contract for the Provision of Electric Wireline Logging (EWL). The contract will run for a duration of 3 years, commencing from 1 December 2016 to 30 December 2019, with two extension options of 1 year each for Cased Hole Logging Services across the Pan Malaysia area. Upon issuance of specific work order, the Company expects the contract to contribute positively to its future earnings.

(NOTE: 3 YEARS UNBRELLA CONTRACT ENDING IN DECEMBER 2019 WHICH IS THIS YEAR TO SEE PROFITS ROLLING IN.)

Posted by calvintaneng > 2019-08-14 09:59 | Report Abuse

(iv) As announced on 28 February 2017, Uzma Engineering Sdn. Bhd. (“UESB”) was awarded by Murphy with a contract for the Provision of Hydraulic Workover Unit and services. The contract will run for a duration of 2 years with an extension option of one (1) year. Upon issuance of specific work order, the Company expects the contract to contribute positively to its future earnings.

NOTE: MURPHY JOBS AWARDED WILL END BY THIS YEAR WITH EXTENSION OPTION TILL 2020)

Posted by calvintaneng > 2019-08-14 10:00 | Report Abuse

(v) As announced on 22 March 2017, UESB was awarded by PETRONAS Carigali Sdn Bhd with a contract for the Provision of Fishing Equipment and Services and services. The contract will run for a duration of 2 years with an extension option of one (1) year. Upon issuance of specific work order, the Company expects the contract to contribute positively to its future earnings.

CONTRACT PROFITS WILL BE REPORTED IN YEAR 2019/2020 IF EXTENSION GIVEN.)

Posted by calvintaneng > 2019-08-14 10:00 | Report Abuse

vi) As announced on 9 January 2018, UESB was awarded by PETRONAS Carigali Sdn Bhd three (3) umbrella contracts for the provision of electrical submersible pump (“ESP”) and services for PCSB as follows:- (a) Supply of Joineted Tubing ESP and the Deployments; (b) Supply of Coiled Tubing ESP and the Deployment; and (c) Surveillance, Monitoring and Maintenance of ESP. The tenure of the contract is three years from 20 November 2017 to 19 November 2020 with first extension option of one (1) year. Upon issuance of specific work order, the Group expects the contract to contribute positively to its future earnings.

(PROFITS ROLLING IN FOR YEAR 2019 TO 2020)

Posted by calvintaneng > 2019-08-14 10:01 | Report Abuse

(vii) As announced on 17 January 2018, UESB was awarded by PETRONAS Carigali Sdn Bhd for the provision of Hydraulic Workover Unit (“HWU”) – “Ghazi 461” from 28 December 2017 until completion of three (3) firm well with extension option of a further six (6) wells. Upon issuance of specific work order, the Group expects the contract to contribute positively to its future earnings.

PAYMENTS TO BE RECEIVED NOW TILL YEAR 2020!!

Posted by calvintaneng > 2019-08-14 10:01 | Report Abuse

(viii) As announced on 1 March 2018, UESB was awarded by PETRONAS Carigali Sdn Bhd for an umbrella contract for the Provision of 150K, 225K and 460K Drilling of Hydraulic Workover Unit (HWU). The tenure of the Umbrella Contract is three (3) years from 6 February 2018 to 5 February 2021 with an extension option period of one (1) year. Upon issuance of specific work order, the Group expects the contract to contribute positively to its future earnings.

Apart from Velesto UZMA has HWUs for Daily Rental to Petronas

CASH ROLLING IN BY YEAR 2019 TO 2021

Posted by calvintaneng > 2019-08-14 10:01 | Report Abuse

ix) As announced on 27 April 2018, UESB was awarded by PETRONAS Carigali Sdn Bhd for an umbrella contract for the Provision of Well Abandonment Integrated Services. The tenure of the Umbrella Contract is two (2) years from 29 March 2018 to 29 March 2020 with an extension option period of one (1) year. Upon issuance of specific work order, the Group expects the contract to contribute positively to its future earnings.

WELL ABANDONMENT JOBS GIVE HIGH PAY.

Posted by calvintaneng > 2019-08-14 10:02 | Report Abuse

(x) As announced on 25 July 2018, UESB was awarded by PETRONAS Carigali Sdn Bhd for an umbrella contract for the Provision of Drilling Fluids and Associated Services. The tenure of the Umbrella Contract is five (5) years from 30 May 2018 to 30 May 2023. Upon issuance of specific work order, the Group expects the contract to contribute positively to its future earnings.

UZMA IS THE ONLY ALTERNATE FOR DRILLING FLUID OTHER THAN SCOMI

PROFIT AND MORE PROFITS TILL YEAR 2023

Posted by calvintaneng > 2019-08-14 10:02 | Report Abuse

xi) As announced on 7 August 2018 and 8 August 2018, UESB was awarded by PETRONAS Carigali Sdn Bhd a work order for the Provision of Well Abandonment Integrated Services for Pulai-A (“the Work Order”). The tenure of the Work Order is from 2 July 2018 until the completion of 22 firm wells which is estimated to be within the next 12 months. The Group expects the Work Order to contribute positively to its future earnings.



22 OIL WELLS DECOMMISSIONING OF WHICH ONLY 6 COMPLETED DUE TO MONSOON SEASON

16 MORE OIL WELLS TO BE COMPLETED FROM APRIL TILL JUNE 2019

RESULTS BY THIS MONTH WILL SHOW WORK PROGRESS

WITH MONSOON OVER... NOW IS THE TIME TO COMPLETE THE JOB AND GET A CASH WINDFALL BONANZA

THIS WIN FALL BONANZA WILL GIVE A HUGE BOOSTER TO UZMA'S AUGUST 2019 PERFORMANCE!!

Posted by calvintaneng > 2019-08-14 10:02 | Report Abuse

xii) As announced on 29 January 2019 and 31 January 2019, Uzma completed the proposed acquisition in accordance with the terms and conditions of the share sale agreement to acquire additional 15% equity interest in SVP. The acquisition is which resulting SVP becoming a subsidiary to Uzma’s Group and expected to contribute positively to the Group’s future earnings.

SVP WILL BE ANOTHER POWERFUL BOOSTER FOR UZMA'S FUTURE EARNINGS

Posted by calvintaneng > 2019-08-14 10:03 | Report Abuse

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.

NOTE: PETRONAS OF MALAYSIA ALLOTED RM30 BILLIONS FOR UPSTREAM JOBS

NOW PERTAMINA FROM INDONESIA WILL ALSO INCREASE UPSTREAM JOBS (UZMA BEING PRO ACTIVE IS THE 1ST MOVER FROM MALAYSIA OGSE TO GO THERE)

(((THIS NEW JOBS AWARDED WILL CONTRIBUTE EARNINGS TILL YEAR 2021)))

Posted by calvintaneng > 2019-08-14 10:03 | Report Abuse

(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.

(((THIS THAI O&G JOB WILL BRING IN POSITIVE EARNINGS FOR NOW TILL YEAR 2022)))

Posted by calvintaneng > 2019-08-14 10:04 | Report Abuse

WITH SO MUCH MONIES EXPECTED TO ROLL IN TO UZMA'S COFFERS THE MANAGEMENT / DIRECTORS ARE SO SANGUINE THAT THEY ARE NOW BUYING OVERSOLD UZMA SHARES



SEE

DATO' CHE NAZAHATUHISAMUDIN BIN CHE HARON 08-Aug-2019 Acquired 89,000 0.595 View Detail
DATO CHE NAZAHATUHISAMUDIN BIN CHE HARON 07-Aug-2019 Acquired 80,000 0.576
NAZAHATUHISAMUDIN IS THE DIRECTOR OF SALES. HE IS IN THE VERY FOREFRONT OF RECRUITING NEW BUSINESSES FOR UZMA

AND HE IS SO SANGUINE THAT HE HAS JUST BOUGHT 169,000 SHARES OF UZMA WITH HIS OWN HARD EARNED MONEY

Posted by calvintaneng > 2019-08-14 10:04 | Report Abuse

Who Do You Trust?

The words of 3 IB (Investment Banks) calling for a sell on Uzma?

Or KWAP selling in stupidity?

Or you listen to the Words of Directors?

And follow them where they put their monies?

Posted by anticonman > 2019-08-14 11:56 | Report Abuse

Brent USD 50+ worse QR expected.

Posted by anticonman > 2019-08-14 11:58 | Report Abuse

Directors bought <60 can sell for 4 sen gain.

Posted by anticonman > 2019-08-14 12:13 | Report Abuse

KWAP don't sell for nothing. They know Petronas give less contracts to Uzma?

Posted by calvintaneng > 2019-08-14 13:45 | Report Abuse

Anticonman is true to his name

Everyone should go against the entity hiding behind "Anticonman"

Directors exercised Rights Issue one for one in year 2014.

From bursa filing all directors took up and paid 75 sen per rights

So anything below 75 sen Directors are still out of money

Just buy anything below 65 sen

Even at 65 sen it is still at a good 10 sen discount to Directors cost of entry at 75 sen per share

My Johor Sifu asked me to go for coffee. I very busy now

Last time Johor Sifu told us to buy Pintaras Jaya at Rm1. 40

He saw insiders exercised Ptaras esos at Rm1. 90 per share

One Director even bought at Rm1. 90 from open market so buying at Rm1. 40 was a no brainer

As time proved... Pintaras Jaya later shot up to Rm7. 00 then split by bonus issue.

Up a whopping 500% by following Insiders buying

This is it.
I better go belanja my Johor Sifu

He really clever one. The best disciple of Dr. NEOH SOON KEAN

Posted by chamlo > 2019-08-15 07:51 | Report Abuse

55 sen bec DJ drop 800?

Posted by calvintaneng > 2019-08-15 10:00 | Report Abuse

Chamlo if you missed bargain sell today

Posted by calvintaneng > 2019-08-15 10:01 | Report Abuse

Happy are those who buy when others are fearfully selling at a wrong time

Posted by calvintaneng > 2019-08-15 14:36 | Report Abuse

What is Uzma?

Uzma is like a car with 6 airbags

1. At 60% discount got margin of safety

2. Directors took up Rights issue at 75 sen. Still holding

3. Monsoon over. Uzma decommissioning for 16 oil rigs should report better earnings

4. Epf bought from 90 sen to over Rm1.00 and still holding

5. Director of sales just bought 169,000 shares from 57.8 to 59.5 sen

6. From 52 weeks lowest at 55 sen to Rm1.54 highest Uzma now at 61.5 sen is undemanding

So downside now we'll supported

Uzma now very defensive with huge potential for upside

Posted by calvintaneng > 2019-08-15 17:13 | Report Abuse

Very good

Uzma closed at 62 sen today

Uzma is the black thorn among durian now

A rare gem selling cheaper than dayang, carimin and penergy

So happy to add more in a day of weakness

Will look forward to add even more on weakness tomorrow

Posted by 10218296660755375 > 2019-08-15 18:17 | Report Abuse

calvin, what's ur opinion on coming qr?
and from wat i see, it seems that this company is not a cash rich company. current cash flow is very much lesser than the current loan.. will u be worry about another right issue ?
thank you

Posted by calvintaneng > 2019-08-15 22:06 | Report Abuse

Posted by 10218296660755375 > Aug 15, 2019 6:17 PM | Report Abuse

calvin, what's ur opinion on coming qr?
and from wat i see, it seems that this company is not a cash rich company. current cash flow is very much lesser than the current loan.. will u be worry about another right issue ?
thank you

CALVIN REPLIES:

THERE IS STILL CASH FROM SUKUK DRAWDOWN IF NEEDED I THINK

CASH HAS BEEN DEPLOYED TO ACQUIRE ASSETS OF VALUE AS IT IS SHOWN BY RISING NTA TO RM1.54

AND TO BUY HIGH MARGIN GENERATING COMPANY

ALSO ALL JOBS AWARDED ARE NOW REAPING CASH WINDFALL SOON

Posted by calvintaneng > 2019-08-15 22:10 | Report Abuse

Posted by Gtrade > Aug 15, 2019 9:58 PM | Report Abuse

Aiyo Calvin, project award so many from 2014,2015, how comr last few years untong tkak kind of qtrly profit. If really good, qtrly profiy shud steady and increase every qtr.


PROFITS COULD BE REFLECTED AS CASH OR IN ASSETS

IN THIS CASE WE SEE CASH SOLIDIFIED IN NET ASSETS & COMPANY ACQUISITION

EXAMPLE

I CAN REPORT INCOME AS PURE CASH BUT I CAN ALSO USE 90% OF CASH TO BUY GOLD BARS

SO I ONLY SHOW 10% CASH

BUT DON'T FORGET THAT 90% INVESTED IN GOLD BARS IS ALSO CASH

IN MP CORP CASE THE SALE OF WISMA MPI FOR RM187 MILLIONS is CASH CONVERTED BACK FROM SOLID TO LIQUID

Posted by calvintaneng > 2019-08-15 22:51 | Report Abuse

Posted by (HK1997 again) Philip > Aug 15, 2019 10:42 PM | Report Abuse

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

>>>>>>>>>

The first time Calvin promoted this counter share price was at 80 cents. Let us see and monitor his long term performance using this tracked portfolio.

PRECISELY & CORRECT!

CARIMIN UP
NAIM UP
LAFARGE UP

UZMA IS DOWN

SO?

SO BUY UZMA

BUY LOW AND SELL HIGH

NOT CHASE HIGH AND HOPE TO SELL HIGHER

Posted by calvintaneng > 2019-08-15 22:59 |

Post removed.Why?

Posted by michaelwong > 2019-08-15 23:08 | Report Abuse

Naive and senility is beyond boundaries lah ! Follow the trend that is the deciding factors b4 everything comes first mah or maybe you don't mind to lose your underwear mah !!!

Posted by Shootup > 2019-08-15 23:59 | Report Abuse

Not surprise if qr loss, kwap had given u hints. Read people action, not listening to story, calvin has too much stories tat seem make sense but bot working, bjcorp asset rich never up, muiind asset rich, talamt asset rich, asb asset rich, mphbcap, all going to die now

Posted by calvintaneng > 2019-08-16 00:20 |

Post removed.Why?

Posted by calvintaneng > 2019-08-16 00:22 | Report Abuse

Believe or don't believe up to each one to decide

In 2 weeks time Uzma results will be out

By then all will know

Posted by cutie > 2019-08-16 00:37 | Report Abuse

If good results, Calvin will appear here day and night and if bad results, he will go missing until everyone forgot what he said. hahahaaa

Posted by calvintaneng > 2019-08-16 08:26 |

Post removed.Why?