Posted by trulyamazing > 2017-09-28 16:16 | Report Abuse

if the OR stays at 0.005, there will be a massive under-subscription that the underwriters will have to take up.

Posted by fzank > 2017-09-28 16:16 | Report Abuse

after this expensive lesson ... in future no more playing or buying OR .... only will touch mother shares only

Posted by vitac > 2017-09-28 16:16 | Report Abuse

No chance to lepas tangan cos they want you all to exercise otherwise pnb have to fork out huge amount to ex all the shares.

Posted by vitac > 2017-09-28 16:20 | Report Abuse

After they list those shares the price will go down more so be prepare...

Posted by fzank > 2017-09-28 16:21 | Report Abuse

after today ... left only 2 more days of trading .... doesn't look good ...

Posted by fzank > 2017-09-28 16:22 | Report Abuse

:(

Posted by vitac > Sep 28, 2017 04:20 PM | Report Abuse

After they list those shares the price will go down more so be prepare...

Posted by fzank > 2017-09-28 16:26 | Report Abuse

mother share will dilute further ... just like initially 2 spoon of milo in 250ml water ... taste good .... but if you add in another 1.5ltr of water ... the taste of milo is gone ... all left is just plain water taste ..

Posted by rijack88 > 2017-09-28 16:32 | Report Abuse

seem like still someone sapuing the OR.

Posted by fzank > 2017-09-28 16:37 | Report Abuse

last thursday after selling mother shares ... everyone were drinking hot & sedap milo .... now everyone only drinking plain water ....

Posted by fzank > 2017-09-28 16:39 | Report Abuse

hopefully the good samaritans will sapu all OR at 0.005 ...

Posted by rijack88 > Sep 28, 2017 04:32 PM | Report Abuse

seem like still someone sapuing the OR.

Posted by davkitz > 2017-09-28 16:40 | Report Abuse

cut loss alrdy

Posted by hng33 > 2017-09-28 17:39 | Report Abuse

Brent crude oil up 1%, recover above USD 58

Posted by choord2121 > 2017-09-28 17:40 | Report Abuse

if it stays between 0.295 and 0.3, does it make sense to subscribe the OR? Thanks.

Posted by coldinvestor > 2017-09-28 17:53 | Report Abuse

See you at RM0.250 on 25-10-2017.

Posted by Alex Foo > 2017-09-28 18:02 | Report Abuse

OR can cut loss?

Posted by vitac > 2017-09-28 18:10 | Report Abuse

Got free plain water also ok, i scared those buyers have to vomit back the milo mixed with blood...

Posted by tecpower > 2017-09-28 20:41 | Report Abuse

rights issue haha

Posted by toriamos > 2017-09-28 22:07 | Report Abuse

i sold all OR the 1st day of listing ..... but after that rebuy mother ....... now stuck .... dont know want to cut loss or not ......? sigh ....

Posted by TakeProfits > 2017-09-28 22:42 | Report Abuse

Toriamos go buy better counters. This one nobody sure lar. Go buy cimb, or mflour or Kpjhealthcare etc. Better don't be goonies trying to bet on this share..I think this counter is waste of time

Posted by choord2121 > 2017-09-29 09:32 | Report Abuse

can we sell the OR rights lower than 0.005?

Posted by rijack88 > 2017-09-29 09:35 | Report Abuse

can.. sell 0.00!

Posted by prm1 > 2017-09-29 09:35 | Report Abuse

No.

Posted by prm1 > 2017-09-29 09:38 | Report Abuse

Just queue at RM 0.005. No one knows what will happen in these last two trading days.

Posted by xiaogumin88 > 2017-09-29 09:59 | Report Abuse

noone goreng OR?

Posted by moneycashrich > 2017-09-29 10:06 | Report Abuse

where we subscribe or not.....all will be taken up by the big boys.......this game is not finished yet......worry about the OR for what.....a new chapter...keep the eyes open fully.

Posted by HOLLAN5222 > 2017-09-29 10:17 | Report Abuse

UMWOG just sell UMWOG OR form sudah banyak untung loh.Sendiri kira-kira.

Posted by moneycashrich > 2017-09-29 12:09 | Report Abuse

It will be moving soon.......more profits next week......frightened or not ?

Posted by fzank > 2017-09-29 12:15 | Report Abuse

everyone wish for early christmas, but it's still too early, santa not cumming to town yet ... :(

Posted by Andrew62 > 2017-09-29 13:04 | Report Abuse

At EGM Tan Sri said see returns after RI exercise and next year.

Posted by Tjaifc > 2017-09-29 13:12 | Report Abuse

at this rate...santa going to bypass all town with IB..

Posted by xiaogumin88 > 2017-09-29 15:49 | Report Abuse

still got hope...this counter still active. high transaction volume today

Posted by xiaogumin88 > 2017-09-29 15:49 | Report Abuse

no yet holand

Posted by xiaogumin88 > 2017-09-29 15:51 | Report Abuse

@Holan5222, so u beli OR?

Posted by Ken > 2017-09-29 16:38 | Report Abuse

The major share holder need to sell umwog then only have money to subscribe the right issue

Posted by tecpower > 2017-09-29 19:13 | Report Abuse

Rights issue

Posted by einvest88 > 2017-09-29 20:43 | Report Abuse

UMWOG OR risk is very low...if u subscribed. U cost is 30.5 then u get 1 UMWOG + 0.25 UMWOG WA. UMWOG WA will be at least 10c since the lifespan is 7 yrs with exer px of 0.395. U can make comparison with KNM WB with lifespan of 3+ yr and exer px around RM1 but selling at 8-8.5c...So overall...if UMWOG down below 28c everyone will lose money and u may be losing half cent to 1 cent....but long run when oil px surge beyond 60+..u definitely going to gain more than 100%...Counter with all the govt taiko fund to support, u know I know what happen later...C what happen with MBSB share px after right issue? More than 150% gain...the same also to Axiata right issue in 2008/09...Whenever with govt fund back-up, there is a gd chance.

Posted by Js Tong > 2017-09-30 02:59 | Report Abuse

Hi all Sifus, I'm little confuse here. I've bought 40,000 shares of UMWOG-OR @ 0.005. When I choose to exercise the right share, how much extra do I need to pay. Under the RSF, I shall fill up into the column to acceptance or excess applied?

Posted by bursainvest12 > 2017-09-30 08:33 | Report Abuse

JS Tong, if you have OR, then "Acceptance" column. Not Excess. Or you can call up registrar to confirm. I learnt my big mistake at dear cost last time.

Posted by Gen2 > 2017-09-30 09:13 | Report Abuse

My 1m or surprisingly have sold! At least get back my 5k for yumcha... hehe.

Posted by Myway > 2017-09-30 12:19 | Report Abuse

The volume of rights ( 6 bil unit) is no joke!. It is still hard for UMWOG to turn profit next 2 qtrs. As the rental rate of rigs is very low now and for the foreseeable future, huge impairment for the rigs asset may be coming after right issue i.e. once they increase the capital to "sustain" the impairment. Better be safe .

Posted by aceso > 2017-09-30 16:27 | Report Abuse

anyone buying the mother share at this moment?

Posted by hstha > 2017-09-30 16:32 | Report Abuse

rights issue effect

Posted by kakakemas > 2017-09-30 20:01 | Report Abuse

stupid stock ever...i ran n cutloss already..better buy MLAB or Sendai

Posted by emzekwhy > 2017-09-30 22:31 | Report Abuse

How much money they raised in the Rights Issue?

Posted by Ken > 2017-10-01 08:37 | Report Abuse

6bil x 0.30=1.8bil

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

The real price plunge will come when 3Q 2017 result is announced in end Nov. I expect disastrous 3Q loss.

Posted by emzekwhy > 2017-10-01 17:08 | Report Abuse

woww 1.8bil!. should be able to turn around the company. hope to see the share price rebound after the Rights Issue exercise.

Posted by araj87 > 2017-10-01 17:58 | Report Abuse

company just announced paycuts/retrenchment for this month

Posted by emzekwhy > 2017-10-01 18:07 | Report Abuse

cutting cost. good sign company is turning around.

Posted by Manfully Tai Yong > 2017-10-01 21:59 | Report Abuse

When should we receive the right issue subscription form?