Posted by rijack88 > 2017-10-27 17:59 | Report Abuse

* GST exemption for O&G firms that import rigs, floating structures from Jan 1

Posted by Bernard Tan > 2017-10-27 18:40 | Report Abuse

http://www.theedgemarkets.com/article/gst-exemption-og-firms-import-rigs-and-floating-structures-jan-1

Posted by Zoom > 2017-10-27 19:11 | Report Abuse

Mana you aplo????? U malu???

Posted by offshore > 2017-10-27 19:24 | Report Abuse

That import GST for moving a drilling rig from a tax free area to the drilling area within Malaysia has always been paid by the oil company, which is then claimed as input tax by the oil company. This amendment has no benefit to drilling companies at all.

Posted by einvest88 > 2017-10-27 19:27 | Report Abuse

pnb control almost 50% umwog
http://www.bursamalaysia.com/market/listed-companies/company-announcements/5585009

Posted by Zoom > 2017-10-27 21:36 |

Post removed.Why?

Posted by Zoom > 2017-10-27 21:41 | Report Abuse

See today what anounce. The amount

Posted by rsim03 > 2017-10-27 21:58 | Report Abuse

take a ticket before its rise

Posted by snwong13 > 2017-10-28 07:01 | Report Abuse

.
# Crude Oil up almost 3 percent about USD54/bbl
# Brent Oil hits above $60/bbl, up more than 2 percent
SINCE 2015!!

# Brent Oil 60.62 +1.32 +2.23%
# Crude Oil WTI 54.17 +1.53 +2.91%

https://www.marketwatch.com/story/oil-pulls-back-after-brent-hits-more-than-2-year-high-2017-10-27

Posted by sheep > 2017-10-28 08:34 | Report Abuse

So bullish.... hold for a week then sell, sell,sell

Posted by einvest88 > 2017-10-28 08:50 | Report Abuse

Some talking oil will crash to 10...I nearly fall down from d chair. Simply close their eye and talk s****. What do u think end of the world? Anyone dig a hole in front their house also can get oil? There are fix expenses will definitely cost more than 10. If cant even sell above 10 to cover the fix expenses who want to do the biz? Some more so many oil rigs company close down from the high of 1600+ to just below 200-300 in US....u think all will collapse the end? This is common sense analysis
If u know charting...then u see how long is the correction cycle for crude oil? It is a 10 yrs cycle down from 2007-2016...Now u have to face it...Crude oil will slowly trending up next few yrs to 80-100 b4 big surge to above 147+...No one able to change the nature movement...U just to have ask the creator.
Many O&G stock now selling at super duper cheap kangkong price. Still scare to buy? History will repeat itself they will fall in love again after stock surge 5-7x...just like what happen to steel stock now.

Posted by moneycashrich > 2017-10-28 10:01 | Report Abuse

Good explanation by 88. I am in already.

Posted by moneycashrich > 2017-10-28 10:03 | Report Abuse

Win some election theme money. A very good opportunity.

Posted by Risk Trader > 2017-10-28 10:23 | Report Abuse

I already swicth 50% of share investment fund to O&G sector @ umwog & thheavy

Posted by offshore > 2017-10-28 14:03 | Report Abuse

Well, if the industry is recovering soon, umwog should buy more rigs now cause it's dirt cheap.

Posted by newrookie > 2017-10-28 15:20 | Report Abuse

Just keep it for 1-2 weeks. We can see it will up more than 40c.. After that move to other counter. Do not falling love with one counter only if you are trader. Its different story if you are investor or main shareholder.

Posted by Tjaifc > 2017-10-29 08:43 | Report Abuse

just waiting fr the right timing...

Posted by Jackylau10 > 2017-10-29 11:53 | Report Abuse

Let wait for 0.40 !

Posted by Alex Foo > 2017-10-29 12:48 | Report Abuse

someone say this will go RM1 wor, can siling?

Posted by Alex Foo > 2017-10-29 12:49 | Report Abuse

27-Oct-2017 Insider AMANAHRAYA TRUSTEES BERHAD - AMANAH SAHAM BUMIPUTERA (a substantial shareholder) acquired 2,701,646,774 shares on 25-Oct-2017.

Posted by signn > 2017-10-29 12:52 | Report Abuse

8bil shares now!!!

how to easily push up?

kindly share info thx

Posted by honey > 2017-10-29 12:55 | Report Abuse

Anybody knows 2,701,646,774 shares acquisition on 25-Oct-2017 the share price not spike much?

Posted by Alex Foo > 2017-10-29 12:55 | Report Abuse

who else push up? retailer lo, who else =D

Posted by Raja Nor Hisamuddin GC > 2017-10-29 17:49 | Report Abuse

Oh wow

Posted by samcck > 2017-10-29 19:20 | Report Abuse

Congratulations to all.. I also make some money from here.

Posted by Risk Trader > 2017-10-29 22:06 | Report Abuse

Buy when operator want to push up the price...

Posted by Yole Bek > 2017-10-29 23:40 | Report Abuse

Volume too big too hard to push up

Posted by hng33 > 2017-10-30 09:09 | Report Abuse

:DDDDDDDDDDDDDDDDDDDDDDD)

Posted by Alex Foo > 2017-10-30 09:14 | Report Abuse

Free up capital

Posted by rijack88 > 2017-10-30 09:15 | Report Abuse

buy buy buy.. still cheap to collect now.

Posted by latif11 > 2017-10-30 09:17 | Report Abuse

still cheap to accumulate collect?

Posted by hng33 > 2017-10-30 09:25 | Report Abuse

sold back all umwog at 32sen, lock very handsome contra profit, free up all capital frist

Posted by latif11 > 2017-10-30 09:29 | Report Abuse

super under-value kah?

Posted by einvest88 > 2017-10-30 09:30 | Report Abuse

umwog near term 50c

Posted by einvest88 > 2017-10-30 09:32 | Report Abuse

umwog..mkt cap sold down from 11b to just 600m even after enlarge mkt cap after right issue only 2.5b...cheap cheap like kangkong

Posted by latif11 > 2017-10-30 09:35 | Report Abuse

wah really cheap like kangkong kingkong?? nyum2 kang-kung sounds deliciously healthy tasty

Posted by einvest88 > 2017-10-30 09:37 | Report Abuse

Senergy mkt cap sold down from 30b to just 7b+ and now only 9b+...another kangkong

Posted by einvest88 > 2017-10-30 09:38 | Report Abuse

umwog..not even hit 200ema...still far far undervalue

Posted by einvest88 > 2017-10-30 09:39 | Report Abuse

for a bear turn to a bull...u close eye also know min above 200ema...50c+...What happen later 1 yr become young bull like steel stock...RM1+

Posted by einvest88 > 2017-10-30 09:41 | Report Abuse

If crude oil now already in young bull stage...don tell me UMWOG cannot be bottom out...

Posted by einvest88 > 2017-10-30 09:42 | Report Abuse

Oil Rigs co 1st to benefit from rising crude oil prices..a dragon leader...later then target those snake and last the worm

Posted by einvest88 > 2017-10-30 09:46 | Report Abuse

crude oil 1st wave up from 26+ to 56..then 3rd wave from 42+ to what level? Min equal to 1st wave lo...42+56-26=72...What happen to 3rd wave extension? Ha..120 also possible...

Posted by fzank > 2017-10-30 09:47 | Report Abuse

definitely undervalue .... sabar ..... higher price cumming

Posted by fzank > 2017-10-30 09:47 | Report Abuse

will meletup soon .... lol

Posted by latif11 > 2017-10-30 09:49 | Report Abuse

can be the new rising rise of dragon-Phoenix kah?

Posted by fzank > 2017-10-30 09:50 | Report Abuse

menuju ke puncak soon .... lol

Posted by fzank > 2017-10-30 09:51 | Report Abuse

puncak .... pun cak-cak .... pun cak-cak ... pun cak-cak

Posted by fzank > 2017-10-30 09:52 | Report Abuse

bull starting to makan-ning ... yabadabadooooo .....

Posted by Raja Nor Hisamuddin GC > 2017-10-30 09:53 | Report Abuse

wow

Posted by Raja Nor Hisamuddin GC > 2017-10-30 09:53 | Report Abuse

take profit