Posted by Jim Sted Power > 2015-03-13 12:05 | Report Abuse

Seem like very likely EPF selling, then UMW buying

Hahahah!

Posted by Alex Chong > 2015-03-13 12:09 | Report Abuse

Major shareholder usually know what happen ahead. Cut loss before it too late. I guess after this round will rebound for O&G counters.

Posted by WB1234 > 2015-03-13 12:17 | Report Abuse

Bahaya.....if EPF selling, RM 2.00 coming soon.....

Posted by nich0las > 2015-03-13 12:20 | Report Abuse

bought in 2.15. Q more @ 2.05 if can done. Buy low sell high

Posted by WB1234 > 2015-03-13 12:20 | Report Abuse

May be EPF selling UMWOG.. Buy Skpetro......

Posted by shazza > 2015-03-13 12:21 | Report Abuse

How low will umwog go!

Posted by Jim Sted Power > 2015-03-13 12:24 | Report Abuse

afternoon rebound la. How much EPF can sell?

Posted by Jim Sted Power > 2015-03-13 12:26 | Report Abuse

EPF is the joker! Always buy high, sell low then buy high again

Posted by zack_liza > 2015-03-13 12:29 | Report Abuse

monday still down..best buy at 2.05 and below....

Posted by nich0las > 2015-03-13 12:33 | Report Abuse

EPF make the Uems drop from 2.xx to now 1.3x. wahaha..... stupid EPF, use our money to play play.

Posted by AyamTua > 2015-03-13 12:38 | Report Abuse

tukar nasib oil and gas..
no worries about EPF throwing...
cheap lagi... can buy banyak lagi...


tukar nasib ...
introduce barang manyak baik ...
kikikiki



((( Pworth, Glotec & CME )))

Posted by Jim Sted Power > 2015-03-13 12:40 | Report Abuse

but EPF still can pay you 6-7% dividen!
When the profit come from?

Posted by shazza > 2015-03-13 12:52 | Report Abuse

Zack, why do you say it will still go lower on Monday?

Posted by cck8999cck8999 > 2015-03-13 12:53 | Report Abuse

Hidup EPF , syer market down EPF still make profit n paid the 6.75 percent. well done EPF .

Posted by shazza > 2015-03-13 13:24 | Report Abuse

Yes EPF dividend recently is good but for a while the dividend is soso that many withdraw to invest for better returns. Sadly our price inflation out does the returns. At average 20% average inflation unless we are very good investors or biz people, it is hard to beat the inflation just keeping up is good enough. I am concerned coz when we retire how? Today EPF said those retiring this year at 55y/o about 50% of the members do not have enough to bring them to old age. Some working people are eating rice with gravy and maybe some are just going hungry, skip meals. It is a concerning trend.
EPF invest our hard earned money wisely. Have a good weekend all. Embrace for GST. I still cannot understand the implications of this for share investor. Every transaction charged 6%? Insurance company also received letter 'may' be charged, 'may' here and there. If they 'may' not be certain how about us,leh?

Posted by freestylepunk > 2015-03-13 14:26 | Report Abuse

GST is only applicable on the brokerage fee right? Meaning if you trade RM50k, brokerage fee will be about RM300 assuming 0.6%. GST charged on that will be RM18.

Posted by nice1 > 2015-03-13 14:35 | Report Abuse

not surprise if go below 2.0, high PE and expected lower earning

Posted by zack_liza > 2015-03-13 14:48 | Report Abuse

today drop >10%, sure monday will continue drop...may b can drop 2.00 and below...lower earning and lower div yield...i think first Qtr 2015 will announce loss........... like FGV...

Posted by Jim Sted Power > 2015-03-13 14:50 | Report Abuse

wait after 5pm then will know who push the price down today

Posted by GoldenShares > 2015-03-13 14:54 | Report Abuse

i don't think EPF selling, foreign funds exit from M'sia, 1MDB time bomb

Posted by GoldenShares > 2015-03-13 14:59 | Report Abuse

i think foreign funds will sell maybank and sime next, just wait n see, : )

Posted by nich0las > 2015-03-13 15:02 | Report Abuse

Really Falling knife. Becareful

Posted by shazza > 2015-03-13 15:02 | Report Abuse

hmmm, then should buy more to lower average? My EPF comment it is that 50%+ will not live above poverty line that's bad. When we want to say we are developed nation and what what what but many are left behind :( nation's wealth should be shared.

Posted by nice1 > 2015-03-13 15:06 | Report Abuse

PE 21 times is crazy, crazily high

later impact of lower earning next quarter onwards, brace for around 1.80 and then 1.50 folks in the near future

Posted by Jim Sted Power > 2015-03-13 15:21 | Report Abuse

found Dayang also

Posted by GoldenShares > 2015-03-13 15:24 | Report Abuse

last week the funds sold ytl and cimb

Posted by Jim Sted Power > 2015-03-13 15:32 | Report Abuse

Golden, how to check funds sell? YTL company announcement also no mention

Posted by volks2 > 2015-03-13 15:49 | Report Abuse

now 2.18, u turn back edi

Posted by shidayea > 2015-03-13 15:50 | Report Abuse

die la..i keep tis stock since IPO then.. hope she can up like UMW.. year by year just wait for the dividend.. oh nooo...

Posted by shazza > 2015-03-13 15:57 | Report Abuse

Thanks for the factual comments, let's hope the drop is temporary, might be a good buy as such low prices. Not too long ago it was out performing SKPetro. SKPetro speculation stock versus UMWOG.

Posted by Alex Chong > 2015-03-13 15:59 | Report Abuse

Leverage your price by buying warrant UMWOG-CT maturity date 29/01/2016.

Posted by Alex Chong > 2015-03-13 16:03 | Report Abuse

UMW Bhd hold 55.15%, Largest 30 SHolders hold more than 80%. Don't panic!!!

Posted by johnmasino > 2015-03-13 16:27 | Report Abuse

Even at RM2.17, this counter is trading at a premium of more than 18X trailing PER when the industry average is just 10-12X PER!! Still want to buy this overpriced piece of crap stock?

Dividend yield is a pathetic 0.45% (at RM2.17). Shit counter!

Posted by AyamTua > 2015-03-13 16:29 | Report Abuse

..


better alternative



((( Glotec, Pworth and CME ))))

Posted by WB1234 > 2015-03-13 16:50 | Report Abuse

Oil revenue drop , palm oil revue drop , GST coming meaning spending power Kaput, ppl still panic selling, Monday possible drop below RM 2.00.

Posted by WB1234 > 2015-03-13 17:35 | Report Abuse

IPO price RM2.80, that time crude oil USD 90, Now crude oil below USD 60, UMWOG reasonable price should be RM1.80.......

Posted by johnmasino > 2015-03-13 18:32 | Report Abuse

RM1.80 is still very expensive at more than 15X trailing PER! Forward PER will be even worse as earnings are expected to decline.

I will only consider if price falls to below RM1.30 which implies a PER of around 11x.


@Alex Chong: what's ur average buying price?

Posted by nich0las > 2015-03-13 18:55 | Report Abuse

Crude 46.64 Down -0.41

Posted by shazza > 2015-03-13 19:18 | Report Abuse

Oh no, then have to hold for long maybe 1 year? I am new to this have not understood alot about shares so have not considered warrants. Where is good information on warrants. Thanks you.

Posted by AyamTua > 2015-03-13 21:39 | Report Abuse

look into cbm gas





((( glotec )))

Posted by johnmasino > 2015-03-13 22:46 | Report Abuse

Oil down by more than 3% to USD45.56. Get ready for a mega-sale next Monday. Woohoo!

Posted by alphajack > 2015-03-13 23:47 | Report Abuse

sell down is expected and its oversold already. although it may not rise back above 2.4 due to a lack of fresh catalysts. a minor rebound to 2.30 is very certain next week..trade with caution.

Posted by johnmasino > 2015-03-14 01:18 | Report Abuse

Nah, I disagree. From an FA point of view, UMWOG is still very expensive even at RM2.14 with trailing PER of more than 18x (2.14/(11.66/100)) when the industry average is just 10-12X. What is so special about UMWOG that it has to trade at a premium? It's dividend yield so far is a pathetic 0.45%. Orderbook only about RM1 billion. So why should anyone pay more for this overpriced stock?

I will not consider this stock unless it hits RM1.30 and below. At RM1.30, it's PER will be around 11x.

Posted by johnmasino > 2015-03-14 01:37 | Report Abuse

Update: Oil price now at USD44.99, down by more than 4.34%. I think it will break past the low resistance of USD44..


good luck to those who are holding UMWOG. Come Monday, I think there will be another round of panic selling...

Posted by truthseeker1 > 2015-03-14 03:28 | Report Abuse

Why no O&G contract won this year? Victim of Petronas capex cut?

Posted by maya1301 > 2015-03-14 07:49 | Report Abuse

DowJones down..Crude oil down..
Ready for free fall..

Posted by nich0las > 2015-03-14 10:30 | Report Abuse

Crude 45.00. Cheers!!! Let's support @ 1.50.

Posted by GoldenShares > 2015-03-14 10:46 | Report Abuse

The U.S. has so much crude that it is running out of places to put it, and that could drive oil and gasoline prices even lower in the coming months. For the past seven weeks, the United States has been producing and importing an average of 1 million more barrels of oil every day than it is consuming. That extra crude is flowing into storage tanks, especially at the country’s main trading hub in Cushing, Oklahoma, pushing U.S. supplies to their highest point in at least 80 years, the Energy Department reported last week.”

Posted by WB1234 > 2015-03-14 10:54 | Report Abuse

Support @ 1.50, manday will limit down due to panic selling.....

Posted by sayakamiyuki > 2015-03-14 11:57 | Report Abuse

target price 1.50 next week. be careful. dont buy now, otherwise you will lose out yr money