Posted by TakeProfits > 2017-11-01 18:43 | Report Abuse

Umwog business is rely on rigs business. Last year's turnover is not that great too. With 8bn shares overhang and even though gearing is low, it is a pitiful business which depends on oil price going strong. Where oil price is going to go is a guess. Can umwog get lots of contracts at current environment , boost turnover and make excellent profits. This is the question for management and their execution abilities. Current short term trading opportunities, perhaps!!