Posted by adrian0229 > 2015-04-29 09:33 | Report Abuse

when will up back to 2.8? :(

Posted by aa111111 > 2015-05-02 02:10 | Report Abuse

Not to worry.Oil will up

Posted by rlch > 2015-05-02 03:40 | Report Abuse

Why EPF dispose?
http://www.bursamalaysia.com/market/listed-companies/company-announcements/4708893

Posted by rlch > 2015-05-02 03:41 | Report Abuse

PE 19, DY 0.46% cheap? This year oil drop will order book better than last year?
http://klse.i3investor.com/servlets/stk/fin/5243.jsp

Posted by GoldenShares > 2015-05-05 18:18 | Report Abuse

worst O&G counter !

Posted by nich0las > 2015-05-05 21:18 | Report Abuse

9.18pm, Crude 60.43

Posted by Christine Goh > 2015-05-05 21:51 | Report Abuse

crude oil break 54.29 feb 2014 higher ...stand well abv 55......so ? patient wait lo ") have a nice day

Posted by GoldenShares > 2015-05-06 16:19 | Report Abuse

wow, panic selling, kwap selling like no 2morow

Posted by Sebastian Sted Power > 2015-05-06 16:28 | Report Abuse

epf selling, who is buying?

Can makan liao I think. IPO also 2.80

Posted by GoldenShares > 2015-05-06 16:39 | Report Abuse

KWAP selling umwog n buy skpetro, oil 70 soon, umwog like below 2.00 soon, : )

Posted by GoldenShares > 2015-05-06 16:43 | Report Abuse

unless signing a new contract, otherwise umwog collapsed

Posted by cheer2015 > 2015-05-06 17:14 | Report Abuse

get ready a bull soon...

Posted by cheer2015 > 2015-05-06 17:59 | Report Abuse

KWSP reduce the stack in SKPETROL like how they reduce the stack in UMWOG

http://i206.photobucket.com/albums/bb149/maxgaba/EPF_zpsfiqo7qhb.jpg

Posted by GoldenShares > 2015-05-06 18:01 | Report Abuse

KWAP, not KWSP (EPF), : )

Posted by cheer76 > 2015-05-06 19:04 | Report Abuse

don't worry, all kwsp or kwap dispose all oil counters n go into yinson. nothing to worry so much on owmog. today drip due to ammb analystreport. buy till no tml!

Posted by cheer76 > 2015-05-06 19:06 | Report Abuse

EPF buy n sell OWMOG http://klse.i3investor.com/servlets/stk/annchsh/5243.jsp

Posted by cheer76 > 2015-05-06 19:08 | Report Abuse

The same go to SKPetrol, Dialog n etc http://klse.i3investor.com/servlets/stk/annchsh/5218.jsp

Posted by GoldenShares > 2015-05-07 16:19 | Report Abuse

oil up, umwog down, oil down, umwog also down, interesting, : )

Posted by GoldenShares > 2015-05-07 16:21 | Report Abuse

immediate support at 2.11, next will be 2.00 and 1.96 respectively

Posted by muscleLP > 2015-05-07 16:34 | Report Abuse

no more contract already, close shop soon, wakakakah

Posted by Risk Trader > 2015-05-07 18:43 | Report Abuse

Below rn1.80 is good price to enter...wait for next support

Posted by muscleLP > 2015-05-08 00:22 | Report Abuse

PANIC PANIC PANIC !!!

Posted by nsyee28282828 > 2015-05-08 14:36 | Report Abuse

This stock not performing, better sell off now?

Posted by nsyee28282828 > 2015-05-08 14:37 | Report Abuse

latest earnings intact?

Posted by ampabella > 2015-05-08 22:59 | Report Abuse

niamah this umwog sulah kaput oreli

Posted by muscleLP > 2015-05-08 23:15 | Report Abuse

nsyee28282828, monday first thing in the morning sell, Affin TP : 1.60, Alliance TP 1.70, no more contract, umwog collapsed, panic selling soon

Posted by nich0las > 2015-05-11 15:35 | Report Abuse

bought 2.15 sold 2.17. wahaha...... are me noob? lolx

Posted by oasischeah > 2015-05-11 16:09 | Report Abuse

Investor may have doubts now. Very selective trading and slow movement.

Posted by Alex Chong > 2015-05-11 16:15 | Report Abuse

Be Fearful When Others Are Greedy and Greedy When Others Are Fearful.

Posted by goldenshares > 2015-05-12 16:25 | Report Abuse

critical support at 2.10 breached, umwog share price collapsed if no further support

Posted by tony89 > 2015-05-13 00:38 | Report Abuse

when is next QR?

Posted by goldenshares > 2015-05-13 16:54 | Report Abuse

in 2015,

Contract secured : 0

contract lost : 1

contract to be expired : 3

Posted by tony89 > 2015-05-13 19:56 | Report Abuse

@godlenshares, what do u think about this company den?

Posted by beautiful668 > 2015-05-14 12:46 | Report Abuse

Goldenshares. thanks for the info.

Posted by cheer2015 > 2015-05-14 15:11 | Report Abuse

Dry-docking for two jack-ups and contract gaps are the two key updates from our communication with UMW-OG’s President Rohaizad Darus on Friday. Nonetheless, he reiterated that active bidding for contracts continues, with management gunning for 22 contracts worth RM5.4bn. A Middle Eastern venture by year-end is also still on the cards. Our target price drops as we lower our FY15-17 EPS to impute the asset downtime and dry-docking costs. We continue to value the stock at 15x CY16 P/E, on par with our target market P/E. We keep our Add call, with a successful Middle Eastern foray as a potential re-rating catalyst.

What Happened
On Friday, we spoke to Rohaizad who shared two key updates: 1) Following the expiry of contracts for Naga 2 and Naga 3 in late Mar 2015 and early Apr 2015 respectively, management will take advantage of the downtime to dry-dock the jack-ups, putting them out of action for up to three months. The dry-docking cost is around US$15m for each jack-up. 2) In addition to Naga 2, Naga 3 and Naga 6, two more jack-ups – Naga 5 and Naga 7 - are expected to have one- to three-month gaps in between contracts this year. The operations of Naga 1 and Naga 4, the contracts of which will expire in FY16 and FY18 respectively, are going smoothly.

What We Think
The current low oil price environment is far from ideal but we are encouraged by management taking the challenges in its stride. Management is pressing on with its aggressive approach to ensure all its assets are contracted, bidding for 22 contracts worth RM5.4bn as at Feb 2015. Of the 22 contracts, eight are domestic and the rest are international. The split between long-term and short-term contracts is 36:64. The company’s order book stood at RM1.8bn as at 31 Dec 2014. The plan to venture into the Middle East by year-end is intact. We think that Naga 8 may be deployed to facilitate the new venture. The jack-up, which is expected to be delivered in Sep 2015, was 76.44% completed as at Feb 2015.

What You Should Do
We advise investors to accumulate UMW-OG shares, given the current share price weakness. The company has evolved from a local player to a major force to be reckoned in Southeast Asia. It is now on the verge of a new phase of international expansion, with the potential securing of a contract in the Middle East.

Source: CIMB Daybreak - 13 March 2015

Posted by Christine Goh > 2015-05-14 16:35 | Report Abuse

so obvious big shark wanna collect lower price...press price down n down.....

Posted by goldenshares > 2015-05-14 17:52 | Report Abuse

which funds selling like no tomorrow ? may be KWAP, they need money to buy land from 1MDB, : )
while umw and PNB just waiting, watching, n doing nothing

Posted by nice1 > 2015-05-14 19:56 | Report Abuse

profit down 40%, just the beginning, the worst is yet to come

price will soon go down and down

Posted by Eric29 > 2015-05-14 20:18 | Report Abuse

Gone with de wind,

Posted by nich0las > 2015-05-14 20:45 | Report Abuse

Aiyo, means I sold @ 2.17 is last good price! >.<"

Posted by goldenshares > 2015-05-14 21:29 | Report Abuse

2morow panic selling again ? : )

Posted by twngxxxx > 2015-05-14 21:33 | Report Abuse

market oil price going up soon, umwog will announce new contracts soon..........

Posted by twngxxxx > 2015-05-14 21:34 | Report Abuse

epf going to accumulate soon..........

Posted by cheer76 > 2015-05-14 21:42 | Report Abuse

good revenue but profit drop

Posted by goldenshares > 2015-05-14 22:13 | Report Abuse

emmm, revenue up 58%, : )

Posted by goldenshares > 2015-05-14 22:34 | Report Abuse

profit down expected, priced in

Posted by greedy44 > 2015-05-15 10:01 | Report Abuse

buy for long term...very good investment. BUY NOW !!

Posted by goldenshares > 2015-05-15 11:38 | Report Abuse

still got profit, not bad, ha ha

Posted by nice1 > 2015-05-15 12:49 | Report Abuse

read the result, have to give discount for existing contract signed

expect profit down whole of this year

Posted by kpsalak > 2015-05-15 12:49 | Report Abuse

这 倒 底 是 什 么" 烂 焦" 股 啊 ？ When Oil price at USD40-50, the share price was 2.30++, some investment bank sang positively with TP 2.60, 2.80, syndicate took lots of profit from goreng. Later when Oil price went up to USD60, this share price went down all the way and the investment banks sang negatively with TP 2.00, even 1.60 ! Semua syndicate punya kerja !