Posted by thunderbird > 2014-03-13 14:23 | Report Abuse

HwangDBS Research has maintained a 'buy' call on UMW Oil & Gas Bhd (UMWOG), with an unchanged target price of RM5.15.
This is based on the almost completion of its jack-up rig called Naga 5, which is being built at Keppel's yard in Singapore, and the company is in talks for longer charters for the jack-up rig beyond its first assignment for Nido Petroleum Philippines Pty Ltd.

In its research note, HwangDBS said UMWOG will be able to receive the Naga 5 jack-up rig by May this year, ahead of its first assignment for Nido Petroleum, which will commence operations in June.

"This is a six week job worth US$7 million to drill the Baragatan prospect on behalf of the SC 63 joint venture. Concurrently, UMWOG is in negotiations with prospective parties to secure a long-term charter for Naga 5," it said.

Posted by bigbitp > 2014-03-13 14:24 | Report Abuse

http://klse.i3investor.com/servlets/ptres/21993.jsp

Posted by bigbitp > 2014-03-13 14:25 | Report Abuse

buy b4 it too late, TP 5.15

Posted by Eric29 > 2014-03-13 18:49 | Report Abuse

Suprise near closing drop bk
ur

Posted by gray > 2014-03-13 22:54 | Report Abuse

goin below 4

Posted by Eric29 > 2014-03-13 23:07 | Report Abuse

Grey really

Posted by gray > 2014-03-14 00:18 | Report Abuse

really Eric

Posted by Eric29 > 2014-03-14 07:41 | Report Abuse

Any news abt it if yes so sad to hear dat

Posted by Joel > 2014-03-15 19:35 | Report Abuse

I guess UMwog will continue to drop, dun enter first wait & see On Monday.
Some ppls already collect at RM4.10 something, but still fall down on Friday last minutes.

Posted by thunderbird > 2014-03-18 16:06 | Report Abuse

stopped dropping, back on track, i collected a lot , wohoooooo

Posted by Tan Michael > 2014-03-18 18:09 | Report Abuse

Looks like foreign funds have finished unloading this stock.

Posted by faizal73 > 2014-03-19 01:15 | Report Abuse

bila mau up up on the way ni.....

Posted by thunderbird > 2014-03-19 10:30 | Report Abuse

foreign fund still holding more than 50% lar, although it is decreasing but still holding a very big portion

Posted by portal > 2014-03-24 17:07 | Report Abuse

please advise why it keep drop

Posted by portal > 2014-03-24 17:08 | Report Abuse

should sold or keep this share now. will it drop to below 4?

Posted by Joel > 2014-03-26 16:44 | Report Abuse

May focus on Skpetro.
Big Fund foreign managers r focusing into it !!!

Posted by cumicumi > 2014-03-31 09:16 | Report Abuse

why keep dropping?

Posted by ampabella > 2014-03-31 23:01 | Report Abuse

many ppl waiting to sapu below rm4.00

Posted by tcgien > 2014-04-01 14:14 | Report Abuse

pushing up slowly

Posted by Tan Michael > 2014-04-01 17:58 | Report Abuse

If price goes up tomorrow with some decent volume, it could be turning point.

Posted by LATO' SELI > 2014-04-01 18:23 | Report Abuse

Good counter to be kept for LT

Posted by thunderbird > 2014-04-02 11:26 | Report Abuse

no worries lah..... the company has strong fundamental, this is rig rental business, high profit day rate. I am holding 150 big lots, waiting for a good timing to sell. Their new rig will be released from the shipyard April/May, once this became official, i predict the pricing will increase again.

Posted by MyInvest > 2014-04-02 11:32 | Report Abuse

cheers thunderbird. :)

Posted by bennike129 > 2014-04-02 14:38 | Report Abuse

awesome

Posted by faizal73 > 2014-04-02 15:55 | Report Abuse

hopefully

Posted by bennike129 > 2014-04-02 16:06 | Report Abuse

hitting 4.2 now

Posted by faizal73 > 2014-04-02 16:26 | Report Abuse

hit 4.2

Posted by thunderbird > 2014-04-02 16:42 | Report Abuse

just checked, foreign funds back to this counter for the 1st time after like 2-3 weeks. I guess show time again

Posted by faizal73 > 2014-04-02 16:46 | Report Abuse

buy la 5.29..

Posted by faizal73 > 2014-04-03 09:18 | Report Abuse

show will start again

Posted by bennike129 > 2014-04-03 10:24 | Report Abuse

start engine

Posted by thunderbird > 2014-04-03 10:35 | Report Abuse

told you guys

Posted by faizal73 > 2014-04-03 10:37 | Report Abuse

steady......

Posted by bennike129 > 2014-04-03 10:37 | Report Abuse

thunderbird whats your tp?

Posted by thunderbird > 2014-04-03 10:39 | Report Abuse

short term 4.3 to 4.5, long term 4.5 to 5

Posted by thunderbird > 2014-04-03 10:41 | Report Abuse

if you remember, it used to shoot up to 4.6, but for couple days only, i sold 20 big lots at 4.45 actually that time. Bought back and accumulated until 150 big lots

Posted by faizal73 > 2014-04-03 10:49 | Report Abuse

yes bro... i still got 50 lots price 2.9 dono wait until when...

Posted by addylee > 2014-04-03 15:57 | Report Abuse

still can wait.. as contact of the tender will be realase soon as sonaog is definitely be benefited from this

Posted by Gladys > 2014-04-07 14:34 | Report Abuse

any senior here hold its CA?the CA price seems hardly to break 0.33 now and wondering how far it could go before its expiry date.

Posted by ampabella > 2014-04-07 21:28 | Report Abuse

sulah lama tidur leow, jangan tidur terlalu lama , nanti coma susah lor

Posted by tcgien > 2014-04-10 17:36 | Report Abuse

sleeping toooo long. cant break 4.20~4.25

Posted by maxlim > 2014-04-10 21:47 | Report Abuse

among the o n g stock this is the laosai one

Posted by aiman168 > 2014-04-11 12:40 | Report Abuse

foreign hold tak mau lepas kot

Posted by adrian0229 > 2014-04-14 11:03 | Report Abuse

what happened?

Posted by thunderbird > 2014-04-14 11:03 | Report Abuse

foreign fund is selling, that's why it is dropping, hopefully local instituations can go in and support

Posted by ampabella > 2014-04-14 20:30 | Report Abuse

saya beli sampai wang pun habis

Posted by buzz > 2014-04-15 10:09 | Report Abuse

bila umwog mau keluarkan naga-naga semua?? haiiyaaa

Posted by faizal73 > 2014-04-15 12:18 | Report Abuse

naga-naga cerita saja lebih...

Posted by buzz > 2014-04-15 13:26 | Report Abuse

kalau cerita saja lebih abisla...saya pon macam ampabella

Posted by aiman168 > 2014-04-15 15:04 | Report Abuse

good, lets all the foreign fund out..then we all can buy