Posted by probability > 2020-12-15 21:19 | Report Abuse

Uzma bags RM200m contract extension from Petronas Carigali

https://www.theedgemarkets.com/article/uzma-bags-rm200m-contract-extension-petronas-carigali

The extension period is from Dec 1 this year until Nov 30, 2022, according to Uzma's stock exchange filing today.


“We believe the award is timely, as it will enable Uzma Group to continue to support the Malaysian Oil & Gas sector at a time when improving global oil prices and sentiment will lead to higher production demand, especially from existing brownfields,” he added.

Posted by Selina888 > 2020-12-15 21:41 | Report Abuse

Tomorrow price may go up with positive news and who knows may hit 80. Sapu in the morning, early birds.

Posted by yip_net > 2020-12-15 21:44 | Report Abuse

24 Nov awarded contract almost a month and today just want to made announcement .
Old news.

Posted by yip_net > 2020-12-15 21:46 | Report Abuse

Brahmal sells 2 million Uzma shares, habis lah.

Posted by helang82 > 2020-12-15 23:07 | Report Abuse

I think Uzma was waiting for Brahmal to sell out only then, they annouce

Posted by lloydlim > 2020-12-15 23:34 | Report Abuse

Time to accumulate!

Posted by tradesafely > 2020-12-16 08:58 | Report Abuse

will crash today?

Posted by Jjkcl > 2020-12-16 08:59 | Report Abuse

Uptrend time!

Posted by Kimly2 > 2020-12-16 10:00 | Report Abuse

U tambah minyak dari 0.92 sampai sekarang ooi...
ada lagi minyak ke sudah kering??




Posted by VenFx > Dec 16, 2020 9:56 AM | Report Abuse

Tambah minyak for Uzma

Klci back to 1680 above, on MARKET BULL RUN MODE.
BRENT OIL LOOKS STRONG ABOVE USD 59.25

Posted by AllYouCanBuy > 2020-12-16 12:01 | Report Abuse

The momentum is weak, or else it should be 0.63 if not 0.65.

No goreng goreng yet!

Posted by AllYouCanBuy > 2020-12-16 12:02 | Report Abuse

NEW YORK, Dec 16 — Oil prices rose yesterday as investors focused on the rollout of Covid-19 vaccines, looking past tightening lockdowns in Europe and forecasts for a slower-than-expected recovery in fuel demand.

Posted by VenFx > 2020-12-16 12:52 | Report Abuse

Potentially breakthrough 0.605 & 0.640
Uzma s contract keep flowing in

UZMA start to shine its way on
As long $50.20 & above for Brent Oil.

Accumulate while Brent Oil
Trade below usd51/-

STRICTLY NO CONTRA YAA !

Posted by Kimly2 > 2020-12-16 17:04 | Report Abuse

Donald VenFx already scares to contra after huge cut lost KStar??
Dude, Contra no contra u need to wait 0.92 to return your cost
Be patience ya



Posted by VenFx > Dec 16, 2020 12:52 PM | Report Abuse

Potentially breakthrough 0.605 & 0.640
Uzma s contract keep flowing in

UZMA start to shine its way on
As long $50.20 & above for Brent Oil.

Accumulate while Brent Oil
Trade below usd51/-

STRICTLY NO CONTRA YAA !

Posted by Armada Quantum Leap Stock In 2020 > 2020-12-16 18:08 | Report Abuse

lol... Buying call from VenFx.
Lets ponbibi, ermm... Dude wait ya, 0.92 will no longer then join us ponbibi

Posted by VenFx > 2020-12-17 04:20 | Report Abuse

UZMA Berhad - Growing Orderbook
Author: PublicInvest | Publish date: Wed, 16 Dec 2020, 9:57 AM

TP is subsequently raised to RM0.84 (from RM0.55) as we also lift our PER to 10x (8x previously) on improving industry dynamics (ie. gradual recovery in demand, supply controlled by OPEC+ members as well as recent positive development of Covid-19 vaccines, boosting market sentiment as a whole). Our call for Uzma is upgraded to Outperform.
https://klse.i3investor.com/blogs/PublicInvest/2020-12-16-story-h1538246405-UZMA_Berhad_Growing_Orderbook.jsp

Posted by Armada Quantum Leap Stock In 2020 > 2020-12-17 08:12 | Report Abuse

Wao dude VenFx
I really admire u. So free Kah?
Opps or u can't sleep well?
Trust me, UMZA 1day will reach back 0.92 return your money
Don't worry too much



Posted by VenFx > Dec 17, 2020 4:20 AM | Report Abuse

Posted by GGecko > 2020-12-17 08:51 | Report Abuse

I admire venfx enthusiasm n high spirit. Way to go!

Posted by yukchian > 2020-12-17 18:57 | Report Abuse

uzma awarded project (RM130m) by Petronas

Posted by GGecko > 2020-12-17 20:05 | Report Abuse

Uzma Bhd's wholly-owned subsidiary Uzma Engineering Sdn Bhd (UESB), has been awarded a contract for the provision of portable water injection modules (PWIM) worth RM130 million from Petronas Carigali Sdn Bhd for a period of 12 years.

“The first two years of the contract duration shall be provisioned for design, engineering, fabrication, installation, hook-up, and commissioning to supply base of PWIM modules.

“The PWIM modules shall be on operation and maintenance mode for a minimum of 10 years respectively for each unit,” it said in a filing with Bursa Malaysia today.

Uzma expects the contract to contribute positively towards its earnings and net assets per share for the financial year ending June 30, 2021 and onwards until the expiry of the contract. Bernama Dec 17th, 7.35 pm

Posted by GGecko > 2020-12-17 20:06 | Report Abuse

Wow, back to back good news. The other day, contract extension. Today 12-year contract from Petronas as stated above. Tomoro uzma will fly

Posted by GGecko > 2020-12-17 20:08 | Report Abuse

80 Sen, here uzma comes pretty soon

Posted by cccthierry > 2020-12-18 09:13 | Report Abuse

https://www.thestar.com.my/business/business-news/2020/12/18/kenanga-maintains-039outperform039-on-uzma

Posted by VenFx > 2020-12-18 09:24 | Report Abuse

With UZMA s contract keep flowing -in

No Doubt Its a 'Highly Undervalued' - O&G counter that about to chasing up its peer.

Never say never for $1.00 - 1.38

HURRAY !

Morning breakthrough its 'horizontal upper box' of 0.605, good sign !
Has been strongly supported at 0.595 these few days.

risk VS reward : 2.0 ratio
$0.615 below fast fast accumulate

DONT WAIT TILL XMAST COME BARU MAU BELI
its is now or buy high later yaa !
Later dont macam itu uncle kimly2 aka TOM sour grape & cry pa and ma can ?

Posted by GGecko > 2020-12-18 09:50 | Report Abuse

12-year contract given by Petronas. That is pretty uncommon for a long period of contract to be given, it is indeed a vote of confident by Petronas to uzma.

Posted by mohdhafizwan > 2020-12-18 10:56 | Report Abuse

Kenanga updated its TP to 0.72 & changed UZMA ratings to Outperform

Posted by VenFx > 2020-12-18 11:02 | Report Abuse

BRENT OIL FORCE THE MAIN DRIVER for o&g
It is the safer heaven to park your monies in the sector NOW !
Alongside with the vaccination program
Consumers spending & activity keep increasingly
USD weakening
IDSS & PDT UPLIFTING with very very less impact to o&g (simply o&g to be expected to recover at high speed )

GUESS WHICH BENEFIT ? ... ( OIL COMMODITIES is the answer )

1. 美元兑主要货币周四跌至两年半低点，使得以美元计价的原油对持有其他货币的买家来说更便宜。（新华社综合）
https://www.klsescreener.com/v2/news/view/767955

2.IDSS若真在明年2月底到期后取消禁令，或会对股市造成更大影响，“大多数卖空都集中在单日卖空和自营交易商（PDT）卖空。”
https://www.klsescreener.com/v2/news/view/767761

Posted by probability > 2020-12-18 13:20 | Report Abuse

Kenanga maintains 'outperform' on Uzma

https://www.klsescreener.com/v2/news/view/767921/kenanga-maintains-outperform-on-uzma

KUALA LUMPUR: Kenanga Research has maintained "outperform" on Uzma Bhd given the recent contract wins, and expectations of further wins moving forward.

Uzma yesterday announced a RM130mil contract by Petronas Carigali for the provision of portable water injection modules, with a tenure of 12 years.

THe contract was the third in December alone, with a previous contract awarded in June for teh Sepat platform.

"We are positive on the win as this showcases UZMA’s class-leading competencies.

"Additionally, a long-term contract of similar nature is fairly rare in this space, further proving the client’s confidence in UZMA, as well as being able to enhance the group’s long-term earnings visibility," said Kenanga.

Including the latest wins, Uzma's order book stands at about RM1.6bil.

Kenanga expects gross margins for the contract to be 30% to 35%, broadly in line with the group's average.

Uzma has submitted a bid book of over RM1bil, while management targets its bid book to grow more than RM2.5bil in the coming months in preparation for additional job bids.

"This is encouraging as it signals the presence of opportunities despite the challenging environment.

"Of the submitted bids, management guides that roughly half has a 70% chance or better at winning, displaying its confidence in further contract wins to come," said Kenanga.

The research house raised its target price to 72 sen from 64 sen previously as it sees the recent contract wins as a rerating catalyst, raising its ascribed valuations to 0.45x from 0.4x previously.

Posted by probability > 2020-12-18 13:23 | Report Abuse

Petronas Carigali likely to farm out more jobs

https://www.klsescreener.com/v2/news/view/767451/petronas-carigali-likely-to-farm-out-more-jobs

“Our ‘outperform’ call is premised on Uzma’s recovery play. Being an integral upstream services provider, any factors leading to an increase in oil demand, such as positive news flow on Covid-19 vaccine developments, will bode well for the stock’s trading sentiment, ” it said.

Posted by Armada Quantum Leap Stock In 2020 > 2020-12-18 13:51 | Report Abuse

Pro VenFx too. Bought 0.92 investment long term targeted

Posted by VenFx > 2020-12-18 17:47 | Report Abuse

Sifu probability panlai pilih

Wink wink

Posted by VenFx > 2020-12-18 18:41 | Report Abuse

BROS & SIS
LETS CHEW SOME HEALTHY STUFF DURIMG THIS WEEKEND

TO START WITH :
1. Why There’s Still Room For Oil To Go Higher
https://invst.ly/t68m7
2. Why is UZMA choosen ?
(If, bros & sis interested and got time shall share it here. Hehe !)

Posted by probability > 2020-12-18 22:25 | Report Abuse

VenFx, the moment Brent touched 50, O&G stocks should have exploded upwards...

If current Brent price sustains, rise of O&G stocks is inevitable

OPEC will not increase output till there is a clear demand rise, but price is forward looking

Posted by VenFx > 2020-12-19 12:49 | Report Abuse

2 weeks before
Armada has claim to be the strongest recovery in O&G sector.

With international Brent Oil continue to react with global stimulus package to boost post covid 19;
guess which counter to lead for Bursa-O&G next ?

Hibi ? Dayang ? Petra Energy ?
OR

UZMA ?

frankly am not sure also, only 1 thing for sure is uzma has the momentum and greater reward ratio as where it was closed at 0.600 vs its peer with its potentially outlook and much rooms to growth furthur.

Posted by Dangel > 2020-12-19 13:16 | Report Abuse

O&G theme is back!

Posted by DreamMarauder > 2020-12-20 00:23 | Report Abuse

Uzma wins 12-year contract worth 130 mil from Petronas Carigali

https://www.theedgemarkets.com/article/uzma-secures-12year-contract-petronas-carigali-worth-rm130m

Posted by Kimly2 > 2020-12-21 14:57 | Report Abuse

看来你的期盼落空了
但还是希望您~哈哈哈的圣诞节快乐！！


Posted by VenFx > Dec 18, 2020 5:52 PM | Report Abuse

油气版块 今天
满江红
唯有
RL 与 UZMA
红枣中的 绿油油
使得我的 周末
多了一些盼望

哈哈哈 !
圣诞节快乐

Posted by budakbaik > 2020-12-21 23:06 | Report Abuse

if everybody know what UZMA responsibility at platform, for sure they dump more in UZMA...

Posted by Dangel > 2020-12-22 10:30 | Report Abuse

Seems like downtrend towards 50cts!

Posted by Kimly2 > 2020-12-22 15:13 | Report Abuse

So fast VenFx delete the post
hahaha.... Merry Xmas dude!!!


Posted by VenFx > Dec 18, 2020 5:52 PM | Report Abuse

油气版块 今天
满江红
唯有
RL 与 UZMA
红枣中的 绿油油
使得我的 周末
多了一些盼望

哈哈哈 !
圣诞节快乐
21/12/2020 2:57 PM

Posted by Utradenow > 2020-12-22 20:20 | Report Abuse

Can buy when go down to 50 sen?

Posted by 5c0160 > 2020-12-23 20:58 | Report Abuse

Game over counter.

Posted by Utradenow > 2020-12-27 15:43 | Report Abuse

Oh then hv to wait until next round

Posted by CikguTua > 2020-12-28 11:32 | Report Abuse

Drop

Posted by Utradenow > 2020-12-28 16:14 | Report Abuse

Starting to move

Posted by Dangel > 2020-12-29 10:57 | Report Abuse

It might drop below 50cts again.

Posted by Utradenow > 2020-12-29 11:14 | Report Abuse

Holding there. Not moving much like UZMA a month ago.

Posted by Utradenow > 2020-12-29 11:15 | Report Abuse

Sorry like Puncak a month ago

Posted by TheContrarian > 2020-12-30 15:14 | Report Abuse

Bought Uzma at 56.5 sen half an hour ago.

Posted by Utradenow > 2020-12-30 19:29 | Report Abuse

Any good news?

Posted by sunshine90 > 2021-01-01 23:51 | Report Abuse

We are looking for candidates for the following positions for upcoming Workover and Well Abandonment project:

1. Offshore Operations Superintendent (Workover & Well P&A) with IWCF L4
2. Well Serivces Supervisor with IWCF L4
3. Well Services Engineer with IWCF L4
4. HWO & P&A Supervisor with IWCF L4
5. HWO P&A Specialist with IWCF L4
6. QAQC Engineer
7. Offshore Material Coordinator
8. Onshore Material Coordinator
9. Senior Safety Officer
10. Junior Safety Officer
11. Electrician
12. Assistant Electrician
13. Mechanic
14. Assistant Mechanic
15. Base Manager

General requirement:

* Experience in (HWU), Workover and Well Completion and Drilling.

* Must be Local Malaysian.