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37 comment(s). Last comment by freddiehero 2019-09-06 19:40

Taehyung

187 posts

Posted by Taehyung > 2019-08-29 09:15 | Report Abuse

Still early to call a buy unless you are short-term trader !

calvintaneng

56,682 posts

Posted by calvintaneng > 2019-08-29 09:38 | Report Abuse

Posted by calvintaneng > Aug 29, 2019 9:15 AM | Report Abuse X

I am happy to add more at 67 sen & 67.5 sen

Now queueing 66.5 sen and below

Calvin remembers the early bull run of Naim at 50 sen & Dayang at 68 sen

SO THIS UZMA IS STILL IN ITS EARLY DAYS OF REBOUND

For April to May 2019 Quarter estimated decommissioning jobs done for oil rigs about 6 to 8 units maximum.

7 to 14 days per rig if weather is good and all other parties involved on time

SO THERE WILL BE ANOTHER 8 to 10 OIL RIGS DECOMMISSIONING PROFITS TO BE MADE IN NOVEMBER 2019 Report

NOW ALL MUST REMEMBER THIS

FUNDS WILL NOW TAKE NOTICE THAT 3IBS (INVESTMENT BANKS) GAVE WRONG FORECAST ON UZMA AS WELL AS KWAP WRONGLY SELLING

THESE FUNDS (UZMA TOP 30 HOLDERS ARE MOSTLY FUNDS) WILL ADD POSITION LATER JUST LIKE THEY DID FOR NAIM WHICH CAUSED LIMIT UP AFTER NAIM CROSSED RM1.10

BEST COURSE OF ACTION IS TO BUY BEFORE FUNDS START BUYING BIG

Taehyung

187 posts

Posted by Taehyung > 2019-08-29 09:46 | Report Abuse

Look at Mi, so many ppl rush to call buy, I still have my reservation...

calvintaneng

56,682 posts

Posted by calvintaneng > 2019-08-29 09:54 | Report Abuse

ONCE EPF STARTED NUYING AGAIN NO MORE UZMA BELOW RM1.00

EMPLOYEES PROVIDENT FUND BOARD 06-Sep-2018 Acquired 58,200 0.000 View Detail
EMPLOYEES PROVIDENT FUND BOARD 27-Jul-2018 Acquired 39,300 0.000 View Detail
EMPLOYEES PROVIDENT FUND BOARD 27-Jul-2018 Acquired 17,700 0.000 View Detail
EMPLOYEES PROVIDENT FUND BOARD 26-Jul-2018 Acquired 202,500 0.000 View Detail
EMPLOYEES PROVIDENT FUND BOARD 26-Jul-2018 Acquired 89,700 0.000 View Detail
EMPLOYEES PROVIDENT FUND BOARD 25-Jul-2018 Acquired 24,400 0.000 View Detail
EMPLOYEES PROVIDENT FUND BOARD 25-Jul-2018 Acquired 5,000 0.000 View Detail
EMPLOYEES PROVIDENT FUND BOARD 24-Jul-2018 Acquired 57,000 0.000 View Detail
EMPLOYEES PROVIDENT FUND BOARD 24-Jul-2018 Acquired 20,200 0.000 View Detail
EMPLOYEES PROVIDENT FUND BOARD 23-Jul-2018 Acquired 195,600 0.000 View Detail
EMPLOYEES PROVIDENT FUND BOARD 23-Jul-2018 Acquired 81,500 0.000 View Detail
EMPLOYEES PROVIDENT FUND BOARD 20-Jul-2018 Acquired 27,000 0.000 View Detail
EMPLOYEES PROVIDENT FUND BOARD 20-Jul-2018 Acquired 10,000 0.000 View Detail
EMPLOYEES PROVIDENT FUND BOARD 19-Jul-2018 Acquired 450,000 0.000 View Detail
EMPLOYEES PROVIDENT FUND BOARD 19-Jul-2018 Acquired 210,000 0.000 View Detail
EMPLOYEES PROVIDENT FUND BOARD 18-Jul-2018 Acquired 333,500 0.000 View Detail
EMPLOYEES PROVIDENT FUND BOARD 18-Jul-2018 Acquired 128,200 0.000 View Detail
EMPLOYEES PROVIDENT FUND BOARD 17-Jul-2018 Acquired 140,000 0.000 View Detail
EMPLOYEES PROVIDENT FUND BOARD 17-Jul-2018 Acquired 70,000 0.000 View Detail
DATIN ROZITA BINTI MAT SHAH @ HASSAN 16-Jul-2018 Acquired 1,000,000 0.000 View Detail
DATO' KAMARUL REDZUAN BIN MUHAMED 16-Jul-2018 Acquired 1,000,000 0.000 View Detail
EMPLOYEES PROVIDENT FUND BOARD 16-Jul-2018 Acquired 34,200 0.000 View Detail
EMPLOYEES PROVIDENT FUND BOARD 16-Jul-2018 Acquired 17,300 0.000 View Detail
TENGGIRI TUAH SDN. BHD. 16-Jul-2018 Acquired 1,000,000 0.000


CHECK THE DATES EPF BOUGHT AND THEIR HOLDING COST

EPF BOUGHT UZMA ABOVE RM1.00

SO BUYING NOW IS BUYING 30% DISCOUNT BELOW EPF BUYING PRICE
29/08/2019 9:52 AM

calvintaneng

56,682 posts

Posted by calvintaneng > 2019-08-29 09:56 | Report Abuse

IF EPF DARE TO BUY ABOVE RM1.00 AND STILL HOLDING TIGHTLY ALL UZMA SHARES

SURELY BELOW 70 SEN IS A SAFE AND HAPPY BUY

3iii

13,220 posts

Posted by 3iii > 2019-08-29 11:59 | Report Abuse

Gruesome. Debts increasing.

3iii

13,220 posts

Posted by 3iii > 2019-08-29 12:00 |

Post removed.Why?

3iii

13,220 posts

Posted by 3iii > 2019-08-29 12:00 |

Post removed.Why?

3iii

13,220 posts

Posted by 3iii > 2019-08-29 12:00 |

Post removed.Why?

3iii

13,220 posts

Posted by 3iii > 2019-08-29 12:20 |

Post removed.Why?

calvintaneng

56,682 posts

Posted by calvintaneng > 2019-08-29 12:23 | Report Abuse

Kenanga is wrong

See kenanga only traded at 50 sen compared to all other security firm

Better follow TA write-up up on Uzma

3iii

13,220 posts

Posted by 3iii > 2019-08-29 12:46 |

Post removed.Why?

3iii

13,220 posts

Posted by 3iii > 2019-08-29 13:15 | Report Abuse

HLInvest ceases coverage on Uzma
Our previous forecast, SELL recommendation and TP of RM0.63 (pegged to 9x FY20 P/E) should no longer be used as a reference going forward.

Kenanga Research - 29 Aug 2019
Maintain MARKET PERFORM, with TP of RM0.61

PublicInvest Research - 29 Aug 2019
TP of RM0.57

Calvin Tan Research
UZMA WILL BREAK 3 TARGET PRICES 1) 75 sen 2) Rm1.00 & 3) Rm1.20.

freddiehero

16,722 posts

Posted by freddiehero > 2019-08-29 13:35 | Report Abuse

wah lau..

calvintaneng

56,682 posts

Posted by calvintaneng > 2019-08-29 14:36 |

Post removed.Why?

calvintaneng

56,682 posts

Posted by calvintaneng > 2019-08-29 14:37 | Report Abuse

Sustain your patience great movements take time to develop

Taehyung

187 posts

Posted by Taehyung > 2019-08-29 16:12 | Report Abuse

Hope you are not another HerbertChua - crying all the way to the bank..haha !

3iii

13,220 posts

Posted by 3iii > 2019-08-29 16:12 | Report Abuse

UZMA

All values MYR Thousands.
2013 to 2019 (Total)

Sales/Revenue 2,665,853

Gross Income 721,962

Net Income 166,519

Net Operating Cash Flow 192,604

Capital Expenditures -629,088

Cash Dividends Paid - Total -12,619

Free Cash Flow -436,484


All values MYR Thousands.
2013 to 2019 (Total)

Total Debt increased by 494,000

calvintaneng

56,682 posts

Posted by calvintaneng > 2019-08-29 17:04 | Report Abuse

Stock: [UZMA]: UZMA BHD

Aug 28, 2019 7:00 PM | Report Abuse

Hi guys,

I was driving and one buddy whataspped the great news

Calvin congratulates all of you who have the faith to believe in the fundamental of Uzma

Yes Calvin very happy to know Sifu Icon8888 also joined us.

This quarter results showed tremendous improvements on these factors

1. Revenue increased. Profit increased. Nta also up.

2. Best of all is the exceptional 39% gross profit this quarter (usual was 35%)

3. Sukuk loan at lower interest rate offset borrowings cost. Another clever move by Directors

4. Debt is ok as PpE jumped to over Half billion ringgit
These assets bought when US dollars were lower
Now getting more valuable

5. Exchange rate gain another plus factor as Thai bath stronger than ringgit

6. And all jobs awarded since years


2014
2015
2016
2017
2018
2019

All ongoing

Company did not state how many oil rigs (remaining 16) have been decommissioned this quarter.

I think Uzma is a company with high marks
Near distinction

Yes if further results in Nov 2019 and beyond then Uzma should get a distinction for

1. High gross profit margin

2. Management getting lower funding cost

3. Ability to win contracts for full spectrum in oil and gas business

4. Growing net asset value

5. And increasing EPS

Best regards to all

Regards
Calvin Tan

calvintaneng

56,682 posts

Posted by calvintaneng > 2019-08-29 17:09 | Report Abuse

UZMA DIRECTOR OF SALES AT THE FOREFRONT SEES BRIGHT PROSPECT IS BUYING LATELY

NO MATTER WHAT OUTSIDERS OR NAYSAYERS INSINUATE THE CONFIDENCE OF DIRECTORS BUYING UZMA SHARES FROM OPEN MARKET ATTEST TO THEIR FAITH IN VISION IN THE UPCOMING PROSPECTS

SEe

DATO' CHE NAZAHATUHISAMUDIN BIN CHE HARON 08-Aug-2019 Acquired 89,000 0.595 View Detail
DATO CHE NAZAHATUHISAMUDIN BIN CHE HARON 07-Aug-2019 Acquired 80,000 0.576 View Detail


THIS WAS WHAT HAPPENED IN COMPLETE LOGISTIC

DIRECTORS BOUGHT AHEAD

WEEKS/MONTHS LATER COMPLETE DECLARED A WINDFALL SURPRISE

SPECIAL DIVIDEND OF 16 SEN

SO IS THE PROSPECT OF UZMA GETTING BETTER ACCORDING TO INSIDERS?

calvintaneng

56,682 posts

Posted by calvintaneng > 2019-08-29 21:23 | Report Abuse

VERY GOOD NEWS

ALL 4 OGSE REPORTED GOOD RESULTS AFTER MONSOON SEASON

1) DAYANG REPORTED 5 SEN PROFIT

2) PENERGY REPORTED 4.4 SEN PROFIT WITH 2 SEN DIVIDEND

3) CARIMIN REPORTED 4.16 SEN PROFIT WITH 1.6 SEN DIVIDEND

4) UZMA REPORTED 3.69 EARNINGS PER SHARE

OF THE 4 CALVIN PREFERS UZMA

WHY UZMA?

ANSWER

1) UZMA HAS THE BEST DISCOUNT OF PRICE TO ASSET VALUE
AT 66 SEN WITH NTA AT RM1.50 UZMA IS SELLING AT MORE THAN 50% DISCOUNT

2) OF ALL 4 UZMA IS THE LAGGARD. THEREFORE ITS UPSIDE BY PER CENTAGE WILL BE HIGHER COMPARED TO OTHERS

3) IF UZMA BOD SHOULD ALSO DECLARE A DIVIDEND LIKE PENERGY AND CARIMIN IT WILL FURTHER BOOST CONFIDENCE

3iii

13,220 posts

Posted by 3iii > 2019-08-30 10:15 | Report Abuse

With its FREE CASH FLOW still negative and increasing DEBTS, it is unlikely UZMA can declare a dividend.

calvintaneng

56,682 posts

Posted by calvintaneng > 2019-08-30 10:18 | Report Abuse

Free cash flows will come very soon when many projects are in completion soon with piecemeal payments locked in

Same was said about pm Corp until it unlock value by disposal of factory land in Singapore to unlock cash for 8 sen payout
So look at the locked in jobs of Uzma which generate the highest gross profit of 35% to 39%

3iii

13,220 posts

Posted by 3iii > 2019-08-30 10:35 |

Post removed.Why?

calvintaneng

56,682 posts

Posted by calvintaneng > 2019-08-30 10:41 | Report Abuse

3iii don't know what is shame

When you point a finger at others 4 fingers point back to you

If penergy with weak income could pay a dividend why not Uzma

AND you better go sell all your Dutch lady before it crashed like kodak or Polaroid last time

apolloang

18,163 posts

Posted by apolloang > 2019-08-30 10:53 | Report Abuse

TIPU....BUTALAND CASH RICH WILL BREAK 1) 75CTS,2) 1.00 3) 1.50 AND NOW WHAT HAPPEN? END UP ONLY 42CTS

calvintaneng

56,682 posts

Posted by calvintaneng > 2019-08-30 10:57 | Report Abuse

Hahaha

Calvin just added more Dutaland at 42.5 sen to 43 sen

If another cash payout at 5 sen means more than 10% yield lah

Don't be afraid if price falls further as dividend by percentage will up even more

apolloang

18,163 posts

Posted by apolloang > 2019-08-30 11:00 | Report Abuse

bought all the useless stocks.....butaland vs ewein almost same price last year now ewein also 68cts but buta already blind

apolloang

18,163 posts

Posted by apolloang > 2019-08-30 11:01 | Report Abuse

jaks from 40cts now also double,butaland from 40cts still sleeping

calvintaneng

56,682 posts

Posted by calvintaneng > 2019-08-30 11:08 | Report Abuse

Dutaland?

Calvin bought at 39 sen

Now after 10 sen cash payout cost only 29 sen

Another 5 sen coming? Or 10 sen?

Then cost will be even less after deducting further dividends until cost is all taken back and shares become free for life

3iii

13,220 posts

Posted by 3iii > 2019-08-31 08:56 | Report Abuse

>>>>


calvintaneng Dutaland?

Calvin bought at 39 sen

Now after 10 sen cash payout cost only 29 sen

Another 5 sen coming? Or 10 sen?

Then cost will be even less after deducting further dividends until cost is all taken back and shares become free

>>>>



Do u own only one stock or many many stocks.

It is almost impossible to know the stocks you own in your portfolio.

You must be buying small non meaningful amounts in too many stocks.

This almost guarantees you will not be fabulously rewarded.

calvintaneng

56,682 posts

Posted by calvintaneng > 2019-08-31 13:34 | Report Abuse

Why you so curious to know what I am buying?

Will that add to your happiness?

Why didn't you warn the people in Utusan?

You gave them false hope that Utusan got things to sell?

What happened to your maths?

Utusan net assets if sold cannot cover the minus 90 sen deficit

It is a hopeless case without margin of safety

You have failed to warn

As for Calvin's stocks they all have margin of safety in high net net assets

calvintaneng

56,682 posts

Posted by calvintaneng > 2019-08-31 18:44 | Report Abuse

slts oil price koyak. oil stocks rebound over
31/08/2019 4:58 PM


calvintaneng For Uzma Oil Price Koyak is very ok

Unlike other oil entities UZMA also expert in Oil Rigs decommissioning Jobs

When times were bad during oil crashed to below USD30 a barrel UZMA was doing exceedingly well for years 2014, 2015, 2016 & 2017

AND LATELY UZMA SECURED A HUGE 22 OIL WELLS DECOMMISSIONING JOBS FOR TWENTY TWO OIL WELLS IN ONE JOB PACKAGE

OF THESE ABOUT HALF ARE COMPLETED WITH PAYMENTS RECEIVED

AND WITH MONSOON OVER THE MONTHS OF JUNE TO OCTOBER WILL BE GREAT TIME TO FINISH THE JOB AND GET EVEN MORE PROFITS

AND ACCORDING TO PETRONAS THERE WILL STILL BE

1) OVER RM20 BILLIONS UPSTREAM JOBS TO BE AWARDED FOR THE NEXT 4 MONTHS OF SEPTEMBER TO DECEMBER 2019

2) MANY MORE OIL RIGS NOW OVER 35 TO 40 YEARS OLD REACHING EXHAUSTION IN OIL EXTRACTION THAT AWAIT DECOMMISSIONING AND DISMANTLING FOR YEARS 2019, 2020 & 2021

3) THESE OLD OIL RIGS AND OLD OIL PLATFORMS IN THE OPEN SEAS IF LEFT ABANDONED WILL POSE A GREAT HAZARD TO PASSING SHIPS = SO MUST BE DECOMMISSIONED AND REMOVED

AND SO UZMA STILL HAS A VERY VERY BRIGHT FUTURE
31/08/2019 6:40 PM

calvintaneng

56,682 posts

Posted by calvintaneng > 2019-09-06 18:42 | Report Abuse

Very good

Uzma has broken 1st target price of 75 sen

Now with EPF (Extra Power Firing) buying the next target price of Rm1. 00 is within sight

freddiehero

16,722 posts

Posted by freddiehero > 2019-09-06 19:40 | Report Abuse

wah lau eh.. very cun cun call..

freddiehero

16,722 posts

Posted by freddiehero > 2019-09-06 19:40 | Report Abuse

some cun some not cun.

freddiehero

16,722 posts

Posted by freddiehero > 2019-09-06 19:40 | Report Abuse

ade earn then happy. no earn the sad.

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