jamesssss Those whos have not confident just sell , don't talk like a fortune teller and don't know what will be happened with yourself. 04/11/2019 3:44 PM
I mark ur words. Let c what KYY n OTB comment first. Wakakakaka
The announcement of legal case did not state when over payment was made and whether it will affect current quarter results to be announced end of Nov 2019. As such, there are many uncertainties
Aiyo...bad news due to mismanagement of the project by management or material litigation to recover the money? i dont see any negative news since they want to recover back overpaid money that nasi susah jadi bubur except for mismanagement...is either you can recover back the money or dont...
When he recommended Netx. He did ask his followers to sell Uzma and switch to Netx when Uzma at rm1+. Of course I cabut long before that and I did informed all of you (regret that I sold it too early).
1. Uzma fail to break double bottom's resistance. 2. Uzma MAY BE perform cup & handle. But may be requires some time & need to see further development of the handle.
Cannot say much coz need to wait and see tomorrow. I guess can wait until it close below 0.86 to cut lost. If it can maintain above this price, Uzma can increase further.
For me personally i believe uzma can go higher. I bought at 0.76 and sold all @1.06 and was waiting for retracement to enter again. :)
With this type of closing probably might go lower by 2morrow . Below 90 cents many cari makan kaki will masuk and make fast quick bucks and cabut...... that's is very likely when its rebound. DJI down worst still the share price will drop. Quite unlucky bought at the wrong timing at 1.01 at Friday.....tiu !!!
A wholly-owned unit of Uzma Bhd is taking legal action against South Korea’s Khan Co Ltd (Khan) and Kong Offshore Malaysia Sdn Bhd (Kong) for overpayment of works worth RM63.14 million.
Uzma Engineering Sdn Bhd (UESB) has filed a Writ and Statement of Claim in the Kuala Lumpur High Court to commence legal action against the two companies.
According to the edge article , uzma have nothing to lose in the delay legal actions, but to recover overpayment of RM64.14 millions or remain neutral even if it lost the case with no impairment cost.
That means project completed and accepted by petronas. If court case is successfully means bonus profit???? ..... Funny thing remains how on earth can discover overcharge rm60mil! A big amount oh.... Right thing is they willing to fight back the overexpense from subcon....
So management did right thing. The dark side is how come overexpense until rm60m. Today sure kky turun kereta de. Perhaps otb gang too. This gang force can't be ignored. May a brigther day for uzma tomorrow. Lolx
New IPO: Building management systems (BMS), solar thermal systems and energy-saving services provider, Solar District Cooling Bhd aims to list on the Ace Market!
MQ Trader 405 views | 2 d ago
0:17
New IPO: The onshore and offshore support services provider for the O&G industry, Steel Hawk Bhd aims to list on the Ace Market!
MQ Trader 11937 views | 10 d ago
0:17
New IPO: The largest mini-market player and a leading groceries retailer in Malaysia, 99 Speed Mart Retail Holdings Bhd aims to list on the Main Market!
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
jamesssss
160 posts
Posted by jamesssss > 2019-11-04 15:48 | Report Abuse
hng33 bought back uzma at 93.5sen
0.935 is a good buy, congrats.