ben_ns u r right,...YES

Changes in Sub. S-hldr's Int. (29B)
UMW OIL & GAS CORPORATION BERHAD

Particulars of substantial Securities Holder
Name EMPLOYEES PROVIDENT FUND BOARD
Address TINGKAT 19, BANGUNAN KWSP
JALAN RAJA LAUT
50350 KUALA LUMPUR
NRIC/Passport No/Company No. EPF ACT 1991
Nationality/Country of incorporation MALAYSIA
Descriptions (Class & nominal value) ORDINARY SHARES OF RM0.50 EACH
Name & address of registered holder CITIGROUP NOMINEES (TEMPATAN) SDN BHD
EMPLOYEES PROVIDENT FD BD (CIMB PRI)
Details of changes

Type of transaction Date of change
No of securities

Price Transacted (RM)
Acquired 19/11/2013
2,650,800


Acquired 27/11/2013
1,645,900



Circumstances by reason of which change has occurred ACQUISITION OF SHARES
Nature of interest DIRECT
Direct (units) 128,285,000
Direct (%) 5.934
Indirect/deemed interest (units)
Indirect/deemed interest (%)
Total no of securities after change 128,285,000
Date of notice 28/11/2013

Announcement Info
Company Name UMW OIL & GAS CORPORATION BERHAD
Stock Name UMWOG
Date Announced 17 Dec 2013
Category Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference No UO-131217-45350

Directors also investors here.

they r thinking buy in few thousand units first.

if drop, they will follow to buy in few thousand units.

meaning is investors / directors will not buy in
with big sum of units shares ( bukan beli satu kaligus dalam satu kuantiti yang banyak )
unless they is PNB, EPF, & KWAP.

Why directors acquired TNLOGIS share?
High percentage is good news coming.

Busy today,
cook, prepared meals,
buy things for cook,
installed son's desk & chair
pick up mom at bus station,
wash dishes

Circumstances by reason of which change has occurred ACQUISITION OF SHARES BY SPOUSE, MADAM TAN KWI YING
Nature of interest INDIRECT
Consideration (if any) RM1.37 PER SHARE
Total no of securities after change
Direct (units) 75,000
Direct (%) 0.0001
Indirect/deemed interest (units) 27,000
Indirect/deemed interest (%) 0
Date of notice 16/12/2013

Particulars of Director
Name LING CHENG FAH @ LING CHENG MING
Address 15 JALAN SEDERHANA
SERENE PARK
80300 JOHOR BAHRU
Descriptions (Class & nominal value) ORDINARY SHARES OF RM0.20 EACH
Details of changes

Currency: Malaysian Ringgit (MYR)
Type of transaction

Date of change

No of securities

Price Transacted (RM)
Acquired 2000 rm1.37

13/12/2013

few 10 lots, think enough already.

I go to cook lunch for my family now.
sorry cos wanna to off computer now.

Price started to climb up,
is a time to accumulated TNLOGIS.

In Google , I typed Biz Business, then click
Malaysia Business & Finance News , Stocks update / The Star online
Inside, look at right hand side, got wrote title as:
Latest Business News.
its contained sub title regarding latest news.

I juz typed Biz Business.
See the right hand side
Wrote a title as Latest Business News.

I went to Biz Business to get info.
Biz Business's news r much newest compared
to others.

to: wanahmad,
I sent pls check.

Business News

Home > Business > Business News

Published: Wednesday December 18, 2013 MYT 10:51:00 AM
Updated: Wednesday December 18, 2013 MYT 10:53:00 AM

UMW Oil & Gas bags US$7mil job from Nido Petroleum Philippines

KUALA LUMPUR: UMW Oil & Gas Corp Bhd (UMWOG) has bagged a US$7mil (RM22.7mil) drilling contract from Phillippine’s Nido Petroleum Philippines Pty Ltd.

The contract, secured by UMWOG's unit UMW Standard Drilling Sdn Bhd is expected to commence in June 2014 for a duration of about six weeks.

UMW Oil and Gas said the job is for the provision of a jack-up drilling rig to drill the Baragatan prospect on behalf of the SC 63 joint venture, where the company will use its latest premium jack-up drilling rig called UMW NAGA 5.

“This first assignment for UMWOG’s newly built jack-up rig confirms our strong belief in an increasing demand for modern, high capability jack-up drilling rigs in this region,” said UMWOG president Rohaizad Darus.

He said the UMW NAGA 5 is a newly built premium jack-up drilling rig that is currently being constructed by KeppelFELS Singapore.

“The premium drilling rig is capable of operating in water depths of up to 400 feet and drilling to a total depth of thirty thousand 30,000 feet sub-sea,” the company said.

I only hope the price will close today at in between rm 3.97 - rm4.00.
Even increase 2 cent a day I also feel satisfied.

Some ppls profit taking.

U welcome!
happy invest!
mcqueen, do u have email add?
I forward some info to u id u got.

worth to buy bcos Kossan's share price r
below rm5.00.
Hold long term to gain high profit.
Kossan is a good stable further growth campany.

合顺油气 东南亚钻井台需求强
2013-12-17 11:36

行家建议:

我们对于这项合约获得延长并不感到意外。而且这反映出东南亚对自升式钻井平台的需求强劲，且有助合顺油气在区域市场立足。

这项合约延长，意味着公司每日租赁收入为15万5000美元（约50万令吉），接近我们预测15万美元（约49万令吉）。

目前，合顺油气有14亿令吉的订单合约，这比1年前的6.32亿令吉高出122%。现有的订单合约将延续至2018财年。

在4项钻井平台中，Naga2是唯一一个在海外营运的钻井平台。
Naga1、Naga3及Naga4则在国内营运。

此外，由于合顺油气将在2014财年获得3架新自升式钻井平台，且公司表示将会积极寻找新合约，所以建议投资者留意有关消息。

Agree with erkongseng.
Buy for long term investment, worth to buy now below
min from rm1.60 to rm2.00.
but in next year 2014, TNLOGIS's stock price r expect to run in between
rm2.00-rm3.00.

UMW-OG has secured a 4-month contract extension for its Naga 2
jack-up drilling rig from PetroVietnam as its builds up its presence in
Southeast Asia.

Watch out for the newsflow as the company scouts for
contracts for its three new jack-ups to be delivered in FY14.

PetroVietnam has awarded UMW-OG
an extension worth US$19m (RM62m)
for Naga 2's existing contract,
extending it for another four months
until Jun 2014.

The extension works out to a day rate
of US$155,000, close to our
assumption of US$150,000. We have
confirmed with management that the
day rate of the extension matches that
of the existing contract.

What You Should Do
Accumulate the stock as UMW-OG
embarks on an aggressive fleet
expansion to take advantage of the
shortage of Malaysian-flagged
jack-ups as well as high demand for
the asset class in Southeast Asia. FY14
is set to be a hot year given the
expected delivery of three more
jack-ups, namely Naga 5, Naga 6 and
Naga 7.

5-year RM3.2bn capex effective FY14
Of the RM2.36bn in proceeds from the listing, RM1.7bn went to UMW-OG's
coffers, while the remaining went to UMW-H.

We expect UMW-OG to utilise
RM600m or 35% of its share of the proceeds to pare down borrowings taken
from the banks and UMW-H, thus reducing its net gearing from 0.7x pre-listing
to 0.1x post-listing.

The balance of RM1.1bn will be used to partly fund the
requirements for committed capex (Figure 56) and the upgrade of equipment to
keep up with the growing order book. Management has allocated RM3.2bn in
capex over five years starting FY14 to add more jack-ups.

Beneficiary of Petronas's spending
High capital spending levels this year are contingent on continued high oil
prices, but national oil companies are especially bullish about boosting their
spending with more of it to be ploughed into E&P.

Petronas plans to spend a
total of RM300bn over a 5-year period starting 2012 (Figure 15). With 64-72%
of revenue generated in Malaysia in FY10-12 (Figure 46),

UMW-OG has been
fast to capitalise on Petronas's capex and the growth offered by the sector in Malaysia.

We begin coverage with an Outperform call and a target price of RM4.57. The
target price is based on a 40% premium over our CY15 target market P/E of
15.9x to reflect the company’s big-cap status.

UMW-OG’s main strength is the ownership of a young fleet of
jack-ups, which are enjoying high demand due to the shortage of jack-ups that
are owned and operated by Malaysians.

Currently, there is no domestic
competition for the supply of jack-ups. Petronas's huge capex programme and
regional requirements for such assets augur well for UMW-OG's prospects. The
national company's collaboration with UMW-OG to establish the drilling
academy is indeed a major stamp of approval.

Some Southeast Asian markets,
like Indonesia, Vietnam and the Philippines, present exciting opportunities, but
Malaysia still holds the major appeal.

Having said that, UMW-OG’s operations
require a sizeable capital outlay that may exert pressure on the balance sheet.
Late deliveries of new assets and a major reversal of the oil price could be a
dampener on the company’s expansionary moves.

UMW-OG's investments in key assets, notably the rigs, are shored up by the
expectations of E&P activities, and the subsequent rise in charter and
utilisation rates.

In addition to the jack-up that is slated for delivery in May
2014 (Naga 6), we are assuming the delivery of two more jack-ups, one each in
early-2014 (Naga 5) and late-2014 (Naga 7).

New capacity and first full-year contributions from Naga 5, Naga 6 and
Naga 7 are projected to support our 33% EPS growth forecast in FY15
(Figure 53).

Should the crude oil price drop
substantially in the near term, E&P activities may slow down, dampening the
demand for the assets and,

therefore, adversely affecting the charter rates.
However, we understand that as long as the oil price is north of US$60/barrel,
most projects in Malaysia are viable.

Sector-beating 3-year EPS CAGR of 80%
From a net profit of RM72m in FY12, we forecast UMW-OG scaling net profit
highs of RM189m (+162% yoy) in FY13, RM333m (+76% yoy) in FY14 and
RM444m (+33% yoy) in FY15, fuelled by an order book of RM1.4bn and a
bigger fleet.
The drilling business is the major earnings driver, contributing an
average of 82% of revenue and 91% of pre-tax in FY13-15 (Figures 51 and 52).

Buy mother ( UMWOG ) better bcos safer.

Inari Amertron - Enhancing its Earnings Base ( Tue, 17 Dec 09:27 )

Solid earnings track records with 5-year PATAMI CAGR of 40%. Inari Amertron, one of the electronics manufacturing services (EMS) players with high exposure in the Smartphone & Tablets (S&T) segment within the semiconductor industry, has remained profitable for the last 5 financial years achieving a 5-year CAGR of 40%.

Acquisition to spearhead its earnings growth. Thanks to the consolidation of earnings from the newly acquired Amertron (with revenue growth of 250% YoY in 1Q14), net profit (NP) of the enlarged group in 1Q14 soared by 179% YoY despite the lower blended NP margin of 11.0% (diluted from 13.8% in 1Q13, due to Ametron’s different product portfolio). If we were to strip out the Ametron top line figures, Inari’s revenue still grew organically by 30% YoY underpinned by its continual capacity expansion.

Promising outlook. Inari’s bread and butter business, assembly of radio frequency (RF) chips for Avago Technologies (comprises c.75% of total revenue) has made it a direct proxy to the fast growing S&T segment. With the Long Term Evolution (LTE) being the next phase of evolution from the current HSPA+ technology, Inari’s expertise in RF products has positioned itself for the next growth phase.

Strong balance sheet to support dividend payout policy of 40%. Post acquisition, we understand that the group’s net gearing still remained low at 0.16x. Coupled with its sustainable earnings profile, we believe the group could offer up to a FY14E DPS of 7.0 sen translating into a decent dividend yield of c.4.4%, assuming 40% DPR.

Trading Buy @ TP of RM2.10. We value the stock at RM2.10/share @ 12.0x FY14 PER, which is at a +2SD level above its 2-year average forward PER as we view that its: (i) earnings stability, which makes it less vulnerable to the semiconductor cyclical volatility, (ii) robust FY12-FY14E NP CAGR of 98%, (iii) high exposure to the booming S&T segment, and (iv) rising investability as it is en-route for Main Market listing (expected by 1Q2014), should deserve a premium valuation.

INARI’s technical picture remains bullish. The share price broke out of a “Bullish Pennant” just last week, which heralds a continuation of an uptrend towards RM1.74 (R1) and possibly RM1.88 (R2) next.

INARI's business activities are mainly categorised into:
Integrated Semiconductor Packaging and Testing Services: Ranging from back-end wafer processing services to final packaging and testing.
Optoelectronics Manufacutring, Testing and Assembly: Manufacturing, testing and assembly of optoelectronics components.
Original Design Manufacturing (ODM) of Electronic Test and Measurement Equipment: Design, development and manufacturing of electronic test and measurement products.
Fibre-Optics Research, Design and Manufacturing: Design and production of fibre optic connectors with Class 10 Cleanrooms.

Soon will announce TP fr research houses,
TP fr others investors at rm1.60- rm1.80.

Invest in INSAS for long term u will no regret. Undervalued stock.

UMWOG's price at rm3.87 is undervalued currently.
I also agree with some investors above which some said
the share price should exceed more than rm4.50 or even rm5.00.

Today CIMB juz gave TP at 4.63 ( b4 is rm4.57 )
More than more other research houses r expected will give TP for
UMWOG B4 end of December 2013.

Currently the campany have Naga 1,Naga 2, Naga 3 & Naga 4.
Its has stable and solid order book/contracts now. Also will secure
others contracts fr others counties.

The contract extensions awarded by Petronas Carigali for Naga 1, Naga 3 and
Naga 4, and the commencement of Naga 2's contract with PetroVietnam in May
2013.

Naga 1,
Naga 3 and Naga 4 are contracted to Petronas Carigali for works in Terengganu
waters, while Naga 2 is servicing a Hess contract in offshore Vietnam for the
end client, Hoang Long Joint Operating Company.

UMW-OG has submitted several bids to secure a contract for the new jack-up.
In Malaysia, the company is banking on Petronas's import substitution model
as the domestic jack-up segment is currently dominated by foreign players.

There are 508 jack-ups around the world, of which 402 are
contracted. UMW-OG is leasing out its jack-ups at around US$150,000, 23%
higher than the global average given the strong demand for jack-ups in
Malaysia and other Southeast Asian markets.

25-year relationship with Petronas.Currently, UMW-OG has six contracts with
Petronas. Of the six contracts, three are for Naga 1, Naga 3 and
Naga 4, which make up 75% of UMW-OG's existing rig fleet.

We believe the
company is well-positioned to secure new contracts under Petronas's capex
programme, more so with the import substitution model in place.

In FY10-12,
Malaysia was the biggest revenue earner for UMW-OG with an average
contribution of 68%. In Malaysia, Petronas is typically the end
client of most oil & gas jobs.

UMW-OG's list of clients also includes Chevron,
Hess, Maersk, Murphy, Samsung, Shell, PTTEP and PetroVietnam.
UMW-OG's licenses with Petronas are held by five units. The company also
holds international licenses.

UMW-OG currently has an order book of RM1.4bn, up 122% from RM632m as
at Dec 2012.

The backlog will last up to FY18 (Figure 48) and could stretch
further when the company expands. The drilling services business provides an
annuity-like revenue stream, which helps to smoothen out the oilfield services
business' mostly project-based income.

The backlog is calculated by multiplying
the contracted operating day rate by the number of days in the remaining
contract period, assuming full utilisation throughout the relevant period.

Lower-than-statutory effective tax rate. We forecast an effective tax rate of 15% in FY13-15, thanks to offshore leasing
activities. Selected assets, including the rigs, are subject to a fixed maximum tax
rate of RM20,000/year under the Labuan Offshore Business Activity Act 1990,
but the operating companies are still subject to the statutory rate.

UMW-OG is an attractive growth story, offering a 3-year EPS CAGR of 80%,
thanks to the contributions from the new assets as the company takes
advantage of the shortage of Malaysian-flagged jack-ups as well as high demand
for the asset class in Southeast Asia. Earnings visibility is good given a solid
order book that will last up to FY18.

Good future & good fortune for TNLOGIS.

RHB TP is at rm4.13, but today Kenanga TP is rm4.46.
Begin next year 2014 is good future and Good fortune to Kossan.
Due to :
1.Potential margins expansion from new gloves production lines.
2. Kossan will build new lines once its capacity utilisation hit 80% instead of 90% as in the past.
3.Superior net profit growth of 32% and 16% in FY14E and FY15E respectively.
4.Kossan’s unprecedented earnings growth over the next two years underpinned by rapid capacity expansion.
5.The fact that Kossan is not just a rubber glove play but a bet on its TRP division, which is growing over the past few quarters.