Posted by Lasallian > 2013-10-25 22:14 | Report Abuse

hepitrade...IPO UMW O&G tlh berlalu dan sudah menunggu utk disenaraikan saja.

Posted by hepitrade > 2013-10-25 22:17 | Report Abuse

Jadi I tak blh beli ?

Posted by SANG-JERO > 2013-10-25 22:18 | Report Abuse

Research houses like UMW Oil & Gas Corp Bhd’s (UMWOG) initial public offering (IPO) with ‘Buy’ recommendations in their research reports, giving target prices ranging from RM3.10 to RM3.36, a premium over its retail price of RM2.80 per share.

The consensus is that the homegrown domestic pure rig player stands to benefit from Petroleum Nasional Bhd (Petronas) localisation policy where locally owned rigs will replace foreign rigs when drilling contracts expire.

Hong Leong Investment Bank Bhd (HLIBB) said as of September 2013, 16 jack-up rigs are operating in Malaysia but only two are locally owned by UMW-OG.

Fourteen foreign jack-up rig contracts are expected to expire within one to two years with an early call for tender expected by end of 2013.

“Domestically, the Economic Transformation Programme driven RM300 billion capital expenditure to enhance exploration, enhanced oil recovery and marginal fields require massive level of drilling activities which the financial market has underestimated.

“Based on industry channel checks, there will be 38 rigs operating in Malaysia by end 2013 versus 22 in 2012,” said HLIBB which has the highest recommended target pr ice of RM3.36.

All the other research houses cited the RM300 billion capital expenditure by Petronas as a plus to UMW-OG’s future as well as liking the fact that UMW-OG is spending more than half of its RM1.7 billion proceeds to buy rigs to add to its young fleet.

“Industry players indicated that oil majors prefer to spend more to charter newer rigs due to their speed, efficiency and ability to deal with more complex high pressure deeper wells,” said HLIBB.

HwangDBS Vickers Research Sdn Bhd gives a target price of RM3.20 with a 14% return upside based on the growth potential of UMW-OG that has no direct comparable peer in Malaysia.

JF Apex Securities Bhd gives a target price of RM3.15, an upside of 12.5% based on UMW-OG financial year 2014 (FY14) earning per share (EPS) forecast of 13 sen and 24.3 times average forward price earning (PE) ratio of large capitalised Malaysian oil and gas stocks.

SJ Securities Sdn Bhd which gives the lowest target price of RM3.10 said the RM2.80 IPO price has already been factored in UMW-OG’s future prospect.

“We have a fair value of RM3.10 based on an average 30 times PE pegging to our FY14 EPS of 10.34 sen. The 30 times PE is the average PE for the oil and gas stocks with market capitalisation of above RM5 billion,” said SJ Securirties.

The company is also liked by the domestic and foreign funds, garnering 21 cornerstone investors which include Permodalan Nasional Bhd (PNB), altogether taking up 399 million shares or 18.45% of the enlarged issued and paid up share capital of the company with the rest allocated to business entities or individuals.

“They want to buy the shares. How could we say no,” said UMW-OG president Rohaizad Darus to The Malaysian Reserve recently.

The company would be capitalised at about RM6.05 billion upon the listing of the entire 2.162 billion shares slated for Nov 1, 2013.

UMW-OG is a 55% subsidiary of Bursa-listed UMW Holdings Bhd, which is a 51% subsidiary of PNB.

Posted by Lasallian > 2013-10-25 22:31 | Report Abuse

hepitrade...boleh masa listing nanti tapi mungkin hg sudah naik.
SANG-JERO...Ada harapan buat untung lagilah! Kemungkinan pergerakan lebih baik berbanding Westports?

Posted by hepitrade > 2013-10-25 22:42 | Report Abuse

Lasallian... Bila listing tu? I mean 1st day

Posted by hepitrade > 2013-10-25 22:52 | Report Abuse

Apa tu MITI?

Posted by hepitrade > 2013-10-25 22:53 | Report Abuse

I baca post kengkwn Sumer tp msh tak faham tu MITI

Posted by Lasallian > 2013-10-25 22:54 | Report Abuse

hepitrade....1/11/2013 (Friday) and the price is RM 2.80.

Posted by saufi74 > 2013-10-25 23:04 | Report Abuse

good post sang-jero..x sabar nak tggu umw o&g listing..arap kite sume dpt bikin profit..

Posted by Lasallian > 2013-10-25 23:13 | Report Abuse

hepitrade...itu kena tanya sama Saufi74 sbb saya hanya pelabur eIPO saja.

Posted by saufi74 > 2013-10-25 23:17 | Report Abuse

miti tu stand for ministry of industrial trade and industry...bole apply thru miti kalo u adelah bumiputra..tapi bank statement or asb kene byk lah..

Posted by kobar > 2013-10-26 10:18 | Report Abuse

Ade sinar for umw oil n gas. Nk paka strategi apa saufi on listing day? Jual dulu dan buy back atau mcm mane?

Posted by Lasallian > 2013-10-27 14:06 | Report Abuse

Besok, bermulanya mengikut hari UMW O&G....Semua mengharap mendapat premium yg baik pd hari pertama. Jika kurang yakin, boleh jual hari listing. Bagi yg mempunyai mental dan peluru yg kuat boleh terus mengharap kenaikan yg lebih baik utk 2-3 bulan.Selamat berjuang utk UMW O&G!

Posted by hepitrade > 2013-10-27 14:37 | Report Abuse

Bro Saufi apa TP?

Posted by hepitrade > 2013-10-27 14:38 | Report Abuse

Lasallian.... I pakai maybank.. Eipo jus sikit je bg... Cukup ke? Hehe

Posted by Lasallian > 2013-10-27 21:08 | Report Abuse

hepitrade....Syukurlah kita dapat walaupun sikit.Bukan senang mau dpt saham ni.Ramai yg kecewa. Pantaulah pd 1/11/13 dan buatlah kpts yg srbaik mungkin.

Posted by kobar > 2013-10-27 21:29 | Report Abuse

Cukup susoh mau dpt umw ong ni

Posted by SANG-JERO > 2013-10-27 21:32 | Report Abuse

Budget 2014: Oil and gas sector likely to continue vital role


THE oil and gas sector will continue to play an important role in the economy next year.

Private investment in sectors which include oil and gas is expected to increase further to RM189bil, or 17.9% of GDP.

Public investment is estimated to reach RM106bil.

In the oil and gas sector, among projects to be undertaken by Petronas include the Sabah Ammonia Urea Project (Samur) in Sipitang; the integrated oil and gas production development project in Kebabangan; the regasification plant project in Lahad Datu, Sabah; and Petronas’ Refinery and Petrochemicals Integrated Development or RAPID in Pengerang, Johor, which is the largest investment in Malaysia.

Petronas has a five-year RM300bil capital expenditure plan to reverse declining production.

The national oil company said in June that it would have to play catch-up after having spent only RM72bil, or 24%, of that amount between 2011 and January this year.

“Petronas’ five-year RM300bil capex should keep the excitement level high in a sector that is a major revenue earner,” CIMB Research said earlier this year.

An analyst concurs saying: “With the amount of ongoing oil and gas activity, there will be a continuous flow of jobs which will contribute to a robust sector.”

Posted by izoklse > 2013-10-27 21:35 | Report Abuse

If u have money, Buy PETRONAS Chemical Group (PCHEM) Share starting from now and hold it until April 2014. Price in 6 month is expected around RM 8.50 - RM 10.00 .

Posted by SANG-JERO > 2013-10-27 21:38 | Report Abuse

Pantech is a very good bet...Bullish TA & FA....RHB & Kenanga TP 1.28-1.43.....

Posted by bachok alwee > 2013-10-27 21:46 | Report Abuse

Siapa yang bijak dan berpengalaman bolih buat untung berkali2. Ikut ramalan UMW O&G cemerlang. Selamat berjaya...

Posted by bachok alwee > 2013-10-27 21:50 | Report Abuse

Saya kena jual awal perlukan tunai walaupun dalam hati saya saham ni bolih naik dalam masa terdekat

Posted by Lasallian > 2013-10-27 22:56 | Report Abuse

bachok alwee...tdk perlu bersedih yg ptg utg. Peluang yg lain akan mendtg.

Posted by hepitrade > 2013-10-27 23:18 | Report Abuse

pantech ok ke

Posted by SANG-JERO > 2013-10-27 23:26 | Report Abuse

Hepitrade....... Pantech's TA & FA are very bullish....Kenanga & RHB TP is 1.28-1.43....I suggest you read RHB & Kenanga's report for better understanding.....Also, I would recommend you to read trustme932 and Ooi Tek bee posting in Pantech's thread.....Both of them are chartist with excellent TA knowledge....

Posted by Lasallian > 2013-10-28 19:41 | Report Abuse

3 hari lagi kita buat duit!!!!!!!

Posted by bachok alwee > 2013-10-28 20:40 | Report Abuse

Lasallian rasa kaunter bolih buat kita tidor nyenyak ye...

Posted by Lasallian > 2013-10-28 22:41 | Report Abuse

bachok alwee..sebagai pelabur kita sentiasa mengharap yg terbaik dan jika tdk mengikut arus yg kita inginkan maka kita perlu bersabarlah.

Posted by Lasallian > 2013-10-30 23:47 | Report Abuse

Dua hari lagi.......

Posted by Lasallian > 2013-10-31 10:07 | Report Abuse

Tahniah....kpd yg telah memiliki saham UMW O&G! Besok pantau harga saham tersebut dgn teliti!

Posted by KClow > 2013-10-31 10:09 | Report Abuse

UMWOG besok listing.. yippi.. happy nicely...

Posted by KClow > 2013-10-31 10:11 | Report Abuse

kalau saham ni naik long term macam SKpetro.. wow ..

Posted by ruslimz > 2013-10-31 10:13 | Report Abuse

dont sell below 3.00

Posted by KClow > 2013-10-31 10:14 | Report Abuse

this one easy RM3.20.. easy...

Posted by ruslimz > 2013-10-31 10:21 | Report Abuse

wow.....KClow , kaya la lu....

Posted by KClow > 2013-10-31 10:27 | Report Abuse

i bisa ja.. mana ada kaya... tapi dont sell UMWOG fast nanti dua bulan tengok harga macam SKpetro susah hati ja..

Posted by saufi74 > 2013-10-31 10:30 | Report Abuse

Saye plan nak simpan half..half lagi dispose..mid-long term should be good..can go to 4-4.50..

Posted by KClow > 2013-10-31 10:32 | Report Abuse

yeah good plan.

Posted by bachok alwee > 2013-10-31 14:33 | Report Abuse

Esok satu Jumaat terbaik kpd pemegang UMWO&G. Doa....Esok dapat pulangan terbaik. UMWO&G debut terbaik tahun ni.....

Posted by twim > 2013-10-31 17:01 | Report Abuse

It's already in CDs acct code 5243. Good luck Sumer kengkawan. Sell high to institutional..

Posted by zaki > 2013-10-31 17:09 | Report Abuse

Account CDS saya masih xnmpak lg bayang UMW.Harap pagi esok muncul..

Posted by twim > 2013-10-31 17:10 | Report Abuse

Memang code je skarang dengan unit yang dapat...bayang umw og Esok baru kuar kot..

Posted by saufi74 > 2013-10-31 17:10 | Report Abuse

shares family saye sume dah credited dlm cds..total 384k..

Posted by zaki > 2013-10-31 17:22 | Report Abuse

oh ok..arap esok ade..mmg untong besar esok saufi74 klu naik above rm3.00..

Posted by Lasallian > 2013-10-31 17:59 | Report Abuse

UMW O&G simply the best for this year!Lihat saja harga que pertama pd pukul 8.30 am!

Posted by twim > 2013-10-31 18:23 | Report Abuse

Esok I queue 2.95 k...

Posted by Lasallian > 2013-10-31 18:36 | Report Abuse

Twim...u que beli atau jual pd RM 2.95?

Posted by kobar > 2013-10-31 20:14 | Report Abuse

Kalau u que 2.95 mau jual i mau beli dengan u black market harga tu

Posted by twim > 2013-10-31 21:15 | Report Abuse

Sorry sorry Mau queue beli at rm2.95....jual minimum rm3.10..

Posted by Risk Trader > 2013-10-31 21:25 | Report Abuse

First day listing....the price will go up to rm3.50