There are 6 category of stocks according to Sifu Peter Lynch
Calvin buys all 6 types Sifu Peter Lynch recommended
Just like Calvin eats
1.vegetable 2. Meat like beef 3. Eat fish and salted fish 4. Eat fruits 5. Eat fowl like chicken or quail 6. Eat root plants like sweet potatoes, yam and tapioca
So Calvin can buy all kinds of stocks and succeed
See Calvin bought Mp Corp below 10 sen. Now mp corp is ham yo fan sang
As for 3iii?
He only eat one type of food all his entire life So all his entire investment life revolves only round a very few growth stocks now old and stale like Dutch lady turning into Holland grandma
Total Debt 385m ... 33m Net Debt 325m ... -5m(cash positive) Net Debt/Equity 0.68 ... 0.04
Increasing debts, interest expense and stop in dividend payments.
ROE 3.7% ... 24.5% ROIC 2.2% ... 25.4%
Declining ROE and ROIC. ROE and ROIC were terribly low.
>>>>
The three investment bank analysts were perfectly fine in downgrading this company in their analysis. They gave their reasons which were more objective than calvin's; more acceptable and more plausible.
With 3iii spewing naysayers' doubts Uzma was sold down to 63.5 sen & 64 sen Calvin bargain hunt time today
AS I SAID BEFORE THIS 3iii HAS ONLY TUNNEL VISION
HE CANNOT SEE UZMA'S NET ASSETS HAVE GROWN FROM RM1.04 TO RM1.54 OR UP 48%
SEE WHAT UZMA MANAGEMENT SAYS ABOUT NET ASSETS GROWTH
3. Financial effects
The Contract will not have any effect on the share capital and shareholding structure of the Company. It is expected to contribute positively to the earnings of the Company and enhance net assets per share of the group for the financial year ending 30 June 2019 and onwards until the expiry of the Contract.
READ AGAIN
{{{IT IS EXPECTED TO ENHANCE NET ASSETS PER SHARE}}}
Dear that time that Calvin buy are very cheap.Dear,I evèn have my few hundred percent before lah on Calvin year or selected year out of 10 years.Do ur homework before buy stocks.Cannot tembak for result like SPM or college degree.Hints look for oversold shares in monthly chart(at least 6 months).Look for AT(0072).AT losses not because off businesses but because of having new factories(old+new together).After moving to fully new factories the losses will be small and profit will come because got 2 new contract from international company(100 percent direct involvement)
By Friday hopefully the results of Uzma will be out
Of all oil and gas stocks Uzma performed well during the bad years of 2014 to 2017
Why is it so?
Answer:
Because Uzma is into a wide spectrum of oil and gas services for Petronas and other oil entities
It commission and also decommission oil rigs
In boom times Petronas will launch more exploration for oil and commission more oil rigs and oil platforms to be built in the South China Sea. So Uzma has got
3 oil rig commissioning jobs Followed by live 6 more Total 9
And in bad times or when oil rigs have served their useful purpose after 40 years when oil has all been extracted and the oil wells dried up?
Petronas will have to remove these abandoned derelict oil platforms from open sea or it poses danger to passing ships
And this is where Uzma gets more jobs in decommissioning ....the dismantling and removal from high seas
Currently Uzma has been given decommissioning jobs for 22 oil wells in one go.
And it takes 10 to 14 days to dismantle and remove one oil platform. 22 x 2 weeks per oil well = 11 months
So far only 6 out of 22 oil wells have been decommissioned
Why so slow ?
The reason is due to the North East monsoon blowing from Nov. to March 2019
That was why the report in May 2019 (for Jan to March 31, 2019) was no good, with impairment added.
Now that monsoon is over by March 2019 the months of April, May and June 2019 will be reported in Aug 2019 results
How many of the remaining 16 oil wells will be decommissioned? And since payment from Petronas is progressive (payment piecemeal in time when jobs are completed)
Will this quarter result be better?
Any more impairment
For that we will know by this week
Have a nice day
Regards,
Calvin Tan Singapore
BTW. .very nice cool weather in Singapore this blessed morning
Even with all those ongoing jobs and projects and persieved " preferential" treatment by petronus as alleged by one Sabah log.. Uzma can't show profits yet!!! Do you ever wonder WHY
Yes NTA needed to be at a respectable level but for any entity to succeed and succeed well, with share price trending higher you need to show both "hardware and software"
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apolloang
18,163 posts
Posted by apolloang > 2019-08-26 12:40 | Report Abuse
why don't u pick a lottery like that