Uzma Engineering Sdn Bhd has been awarded a “call-off order” from EnQuest Petroleum Production Malaysia Ltd (EnQuest) for the availability of a hydraulic workover unit (HWU) worth RM30 million.
The provision of HWU providers is predicted to begin in March and be accomplished in October. Uzma mentioned the job is predicted to contribute positively in its earning per share for the 12 months ending June 30, 2022..Bernama Jan 27th

but it is the right move the way i c it, let the court decides. at least, karim got balls. i admire him for having it

request for 1-mon ext to nov 30tg is for annual report, not SIR. SIR report deadline given by bursa was oct 26th

@haihai, i dont think tomoro, trading will resume for SD

@natsukomishima, as i understand it, bursa only agreed to give SD a one month extension on the Annual Report, ie till end of next month. As for SIR, Bursa is still firm with its deadline for tomoro for SIR to be released. But this evening, SD said..no physical report was presented to them yet on the SIR and work is still in progress for the,SIR to be completed. I stand to be corrected

every problem has its solution, time is of the essence. it is prudently important to get this issue resolved by all parties, ie SD n Bursa in the interest of all stakeholders

sSerba Dinamik Holdings Berhad said the stock exchange operator has approved its request to delay the issuance of its annual report and annual audited financial statement by a month until Nov 30. The annual report and the annual financial statement were supposed to be submitted by end of this month. Separately, the oil and gas service company also said that Ernst & Young Consulting Sdn Bhd was still in the midst of performing the special independent review on audit issues raised in May by its former external auditors. On Friday, Bursa Malaysia has directed Serba Dinamik to announce the findings from the "Factual Findings Update on the Special Independent Review" by Oct 26. Trading of securities in Serba Dinamik have been suspended since Friday. Serba Dinamik, in its reply to the exchange today, said there were no documents or copy of any documents that fit the description of “Factual Findings Update" as at Sept 30 given to its independent non-executive directors as at Oct 22. -- The Star, 7.13 pm

something is wrong with her. need help to fix it

early signal indicator from SCIB n KPower, well done

karim did walk the talk, bot 1 mil mom shares this morning, that is interesting, or shall we say intriguing

haha cirrect ahmad, i m sensing lots of rookies making baseless comments

karim already went in record as reported by focus malaysia this morning..to state his case as far as warrants selling is concerned with the following 2 key points..

“My warrant disposal is to take advantage of it being traded at premium and shouldn’t be conceived as I harbor intention to exit the ship which I took so much sweat, tears and blood to build … I will make sure the ship continues to sail in the roughest of seas,” he told FocusM.

“Rest assured that I shall channel proceeds from the sale of the warrants to acquire the mother shares…Despite the turbulence, it’s still very much BAU (business as usual) at Serba as our current order book stands at RN18 billion".

We have to give him the benefit of the doubt and accept what he says for now, until the SIR report comes out and trading resumes after the suspension is lifted, most likely next week.

ini kali la. this is it

until further notice。。。most likely monday

aiya.. should have bought at 34.5 sen this morning..kikiki, now suspended pulak

panic selling at the opening bell this morning by some retailers upon hearing yesterday's news of karim disposing all his warrants, thinking that the news is a bad news. those who had the opportunity to collect at 34/34.5 sen r the lucky ones.

The Court of Appeal affirmed a 2017 Sessions Court conviction of former Executive Chairman and Director of Megan Media Holdings Berhad (Megan Media), Dato’ Dr. Hj. Mohd Adam bin Che Harun for furnishing false information to Bursa Malaysia in 2007. Dato’ Adam, 76, was charged on 10 December 2007 for furnishing false information to Bursa Malaysia in Megan Media’s quarterly results for the financial period ended 31 January 2007. The false information relates to Megan Media’s revenue of RM306.15 million, of which more than 75% of the said revenue amounting to RM228 million were falsified..news released,by securities commision, fyi.

money is the root of all evil..n extreme greed. oh friend, u forgot to mention megan media, the chairman adam was serving jail time for overstating revenue figures and/or something to that extent, hence he was misleading the public/investors. i stand to be corrected on this as it happened long time ago ie 1990s. n adam is not a cina pek

karim sold all his warrants holding, that is his prerogative. it is a free country, anybody can do anything as long as not breaking any law of the land. come to think of it, it is well and good. retailers can now trade warrants hoping it will climb up eventually following mom's footsteps

mabel, u have my vote on your SD warrant view. expiry date is long way to go ie 2024. by then, mom price will skyrocket again. in 3 years, dont tell me mom price will remain stagnant ie at 30++ sen range, regardless of the outcome of the report next week. and wa will no longer be 7.5 sen when mom goes up. SD is too big to go bust

yes ahmad. well done

Catching up with carimin..way to go

Wow uzma really splendid today. Way to go, speeding up towards RM1 by the first half of next year

USD100 brent here we come not in the distant future, wonderful

aseng, this is 1 of the best recap statements i have ever read u posted. kipidap. well said. in trading, cant b emotional n follow herd mentality. look at the whole thing positivelt and most importantly, trust your own instict.

@ksli, u r rite, these cindycat does have deep pocket so they can do it indeed

yes

waterfall continues, dont catch a falling knife.

tomoro morning open will gap up

JAKS Resources Bhd posted a 13-fold increase in net profit to RM28.81 million for the second quarter ended June 30, 2021 (2QFY21), from RM2.17 million a year ago, supported by its RM37.5 million share of profit from its 30%-owned power plant joint venture in Vietnam. Earnings per share swelled to RM1.64 from 33 sen../theedgedaily.com

tomolo get leady to fly n fly

@jakewannarich, the key word is "We were able to recognize a commendable profit of RM37.5 million from our 30% equity investment in the power plant, which will continue to provide us with a stable recurring income for the next 25 years." now, that is really something to shout about for the next 25 years..a stable recurring income

looking good..way to go

what a typical stereotype western superiority type of supporters. to them, anything from the west is goid and anything from the east is bad. i received sinovac innoculation and i am proud of it. no.problemo or side effect til today

investment is the rite word like u said. u can bet that MAA will sell KNM as soon as the made further millions from this so called investment. so, is it fishy? no. is it opportunistic..yes. MAA is following the playbook made by FINTEC

@happyday123 your plea is anwered..hihi

no bankers in town with the right mind will give a 60-year loan tenure to any individual to purchase a home. what uncle misai is proposing is noble but not doable, at least for the time being

any businessman will not open his mouth n proposes any development or venture unless it will directly or indirectly benefit him and/or his group of companies either tangibly or intangibally. i read his announcement on building homes n sell to poor people in the B40 catwgory with a pinch of salt. if ebit lew is the one that proposes it, than it will be more creduble news

Sentiment it is, that is what matters at the moment, n oil is the yardstick used at the current bearish sentiment for armada n other O&G counters

Oil is still bearish at this moment, may want to stay at the sideline first

Not at the current oil price which hovers around USD 63 now. Got to climb back up for armada's price to go back to early this week's level

tq @prashan ram for the info. uzma never fail to amaze with many projects it has secured recently

Uzma has received a 3-year contract from Medco Energi Thailand for provision of hydraulic workover unit (HWU) services. The contract was awarded on a callout basis where services will be provided upon receiving written notice. "The work scope comprises of HWU and associated equipment service required for offshore workover and well services activities in the Gulf of Thailand". It expects the contract to contribute positively to its future earnings over the project duration. -- The Star, 18 Mar 2021, 7.27 pm

Uzma’s outstanding order book stands at RM1.5 billion as at March 2020 with a further RM2 billion estimated for umbrella contracts. In February, Uzma was awarded licences to import LNG for regasification and to distribute natural gas within Malaysia. And last week, Uzma is one of the winners shortlisted for the LSS4 project. U tell me, is this company good or not?. The answer is pretty obvious by looking at the upward projection of its share price

90 Sen first. Today no LU

All stars are aligned for uzma. Looking pretty damn good

Hello 90 sen

The upward momentum is consistently strong..

Stable O&G related order book for the next few years; gas distribution related award recently secured by uzma, n now the winning shortlisting of LSS4 award, so what do u think the target price will be? Go uzma go

All stars r lining up for uzma..