Posted by fragile84 > 2015-11-17 21:01 | Report Abuse

kelvin teh i think only way is just got to wait till 100% lost or wait till go up as high as it could then cut lost.if correct u should be above 70% lost..sorry to hear that .. i hope all be okie

Posted by newbie1234 > 2015-11-18 11:20 | Report Abuse

operator support at 1.21

Posted by ufis > 2015-11-20 20:09 | Report Abuse

SOLD at 1.19 for a small loss..
lost steam n direction n didnt perform as expected in this round 3 for me!!!!

Posted by newbie1234 > 2015-11-20 22:42 | Report Abuse

Very sad too. Im still holding. Wait next week see how.

Posted by susheel > 2015-11-21 11:42 | Report Abuse

if looking for big swings, better go for xox...

Posted by snwong13 > 2015-11-22 18:02 | Report Abuse

http://www.cnbc.com/2015/11/18/the-chart-that-says-crude-oil-is-going-to-26.html

Posted by DreamGuardian > 2015-11-22 18:05 | Report Abuse

big & slow

Posted by snwong13 > 2015-11-22 18:05 | Report Abuse

http://www.cnbc.com/2015/11/20/oil-companies-brace-for-big-wave-of-debt-defaults.html

Posted by snwong13 > 2015-11-22 18:07 | Report Abuse

next...how far can the oil companies sustain...heavily in debt??

http://www.cnbc.com/2015/11/20/oil-companies-brace-for-big-wave-of-debt-defaults.html

Posted by Tian Siew > 2015-11-23 08:24 | Report Abuse

几时才会回升到4.00?望穿秋水,何年何月。: (

Posted by Liu Yuki > 2015-11-24 21:36 | Report Abuse

Tuesday, 24 Nov 2015

7:22PM UMWOG Nine-month net profit 39.065 million (decreased 78.48%)

Posted by newbie1234 > 2015-11-24 22:18 | Report Abuse

Still can be profitable among o&g counter. Consider not bad edi *bracing for tomorrow's effect* see how hard it will go.

Posted by timing > 2015-11-25 00:37 | Report Abuse

http://www.bursamalaysia.com/market/listed-companies/company-announcements/4929817
eps 0.01

Posted by Icon8 > 2015-11-25 00:48 | Report Abuse

Icon at 35.5 sen reported even higher EPS(0.5 sen) than UMWOG(EPS 0.01 sen).

Posted by nice1 > 2015-11-25 07:42 | Report Abuse

4Q result will be negative,
short term debts shot up to 3.3b but cash in hand around 1.1b
current ratio 0.5
wonder how they are going to service the loan later, right issue, bond?

Posted by sell > 2015-11-26 10:43 | Report Abuse

All IB except 1 said sell(most TP below RM 1) why UMWOG still hold strongly?

Posted by Abang Mad > 2015-12-01 19:53 | Report Abuse

Don't worry... oil price will be up trend in short time

Posted by ampabella > 2015-12-02 22:07 | Report Abuse

aiyoh lost until cannot jalan straight

Posted by Alexi > 2015-12-03 07:32 | Report Abuse

Crude oil closed 39.94/barrel..be prepare.....

Posted by oasischeah > 2015-12-04 16:06 | Report Abuse

No dividen payment should eventhough profit shown.

Posted by oasischeah > 2015-12-04 16:07 | Report Abuse

Maybe,management take care of themselves first. Fat salaries and bonuses.

Posted by syed23news > 2015-12-04 17:20 | Report Abuse

Oil n gas will shot to the sky....prepare for new year...

Posted by snwong13 > 2015-12-06 12:56 | Report Abuse

.
not very convincing as recommended by most brokers to sell.
all set tp < rm1
there must be some reasons for that..
guess higher price now is held on by many losing investors!
the dam may burst anytime!
before buying further, please read their financial position carefully.
there may be still many other better oil counters..
my humble opinion only..

Posted by High6 > 2015-12-06 17:57 | Report Abuse

high debts, low revenue and profit
cash calls sooner or later
will go below 1.0

Posted by DreamDominator > 2015-12-06 18:18 | Report Abuse

so so

Posted by Abismail > 2015-12-06 18:25 | Report Abuse

Why EPF keep buying???

Posted by Abismail > 2015-12-06 18:27 | Report Abuse

Amount of contract with sapurakencana...why they keep secret

Posted by shazza > 2015-12-09 22:30 | Report Abuse

UMW PR or Corp Comms-why so much money spent on advertising on bfm radio, should put money in real things that matter. Advertising is okay but almost every day for the past many weeks even more than a month, give shareholders dividend instead since extra money! Biggest disapppointment in my portfolio.

Posted by travoltakeong > 2015-12-10 08:50 | Report Abuse

hmmm......looks bleak...

Posted by ckhkbursa > 2015-12-12 22:41 | Report Abuse

Why all bank given so low TP but this share price is that high.....so .funny.....

Posted by High6 > 2015-12-13 09:45 | Report Abuse

no panic selling and margin calls
majority of investors are caught high and dry

coming results will be bad till next year and the high gearing vs cash, possible cash calls too

just need to be patience and wait for the fall to below 80cts

Posted by kinfatt999 > 2015-12-14 15:48 | Report Abuse

when opec cut production?? pump so much for what?? make market worst nia,ccb

Posted by sinkalan > 2015-12-14 15:55 | Report Abuse

Saudi, Russia, US, Iran... all very stubborn, all want market share and sales...all die die together

Posted by kinfatt999 > 2015-12-14 16:08 | Report Abuse

i hope china also joint the party, lets whole world HAM KAR CHAN

Posted by kinfatt999 > 2015-12-16 14:41 | Report Abuse

oil price collapse stock market also collapse, u want cheap oil, then u ready lose money in stock market

Posted by interstockcomp72 > 2015-12-21 19:00 | Report Abuse

Ourprediction is within 13 days skpetro most likely drop below 0.7, perhaps between 0.62 - 0.76 according to our statistic. Global oil price will plummets to its lowest level around 28.3 - 31.9 due to 4 main factors as we all know. - ISC -

Posted by snwong13 > 2015-12-23 08:22 | Report Abuse

The coming of IRAN!!

"Iran’s exports have fallen by ~1M bbl/day since 2011, the year before the start of western sanctions on Iran’s exports; Iran had 36M barrels of oil stored in offshore tankers as of last month"

http://seekingalpha.com/news/3001086-iran-s-return-to-oil-market-could-sink-crude-prices-5-15-imf-says?dr=1#email_link

Posted by kleboy > 2015-12-28 14:41 | Report Abuse

Today will start raining until next week becos we see green for this counter.

Posted by newbie1234 > 2015-12-30 18:36 | Report Abuse

Aiyo. Dropping again. Back to square one.

Posted by rizerlee > 2016-01-07 23:56 | Report Abuse

Will drop future ?
Scary

Posted by red_85 > 2016-01-08 02:30 | Report Abuse

my advice to u guys.

if your price is too high, above 1.8.. feel sad to you guys, i think is hard for you guys to cut lost now..just hold and wait for the oil rebound
if your price is 1.3-1.8, you can cut or reduce your position in oil and gas since not so painful yet.
if your price is below 1.3...fast sell lar, wait for what? sell first, wait for next buying signal.

my 2 cents..

thanks

Posted by newbie1234 > 2016-01-08 23:54 | Report Abuse

Yeaps .. cut yesterday. Waiting to join back one day to recover back losses. Sad..

Posted by BLITZRIEG > 2016-01-12 17:13 | Report Abuse

Bravo.......keep selling bro.......target new low......good work

Posted by jack2 > 2016-01-12 19:20 | Report Abuse

short term debt 3b, long term debts 1b, adoi

business bad

prospect - in one year - blank

Posted by Mohd Syazwan > 2016-01-12 19:24 | Report Abuse

Right now its out of our power to do anything with the current crude oil price, UMWOG has too many rigs not in service and I doubt any operator can afford to operate at this level. Hence, outlook for UMWOG is cloudy as of now. Sigh.

Posted by newbie1234 > 2016-01-12 20:09 | Report Abuse

Yes. Oil getting worst. Now 30.66... if break 30.. all hell break lose.

Posted by GTMS > 2016-01-13 10:07 | Report Abuse

!!! <US 20

Posted by CUTLOST > 2016-01-13 17:52 | Report Abuse

Oil floor usd 29

Posted by snwong13 > 2016-01-15 20:50 | Report Abuse

.
IRAN IS COMING!!
http://www.reuters.com/article/us-global-oil-idUSKCN0UT02I

Posted by kinfatt999 > 2016-01-18 12:38 | Report Abuse

keep pump the oil until USD0.00 perbarrel,