Posted by HannahM > 2021-03-18 12:39 | Report Abuse

0.895 wall is so thick. Need more push!

Posted by Regalia > 2021-03-18 15:27 | Report Abuse

rm 1 no problem with this trend

Posted by gemfinder > 2021-03-18 17:07 | Report Abuse

sold all 0.87. TQVM

Posted by Prashan Ram > 2021-03-18 19:36 | Report Abuse

new contract!

Posted by investorbat > 2021-03-18 19:43 | Report Abuse

high chance tomorrow gap up n break 0.90

Posted by MrsLee > 2021-03-18 20:00 | Report Abuse

Can meh? Cannot break 0.90 also....

Posted by HannahM > 2021-03-18 20:09 | Report Abuse

Fuhh new contract! Come on, current price is so undervalue

Posted by GGecko > 2021-03-18 20:48 | Report Abuse

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

Posted by GGecko > 2021-03-18 20:50 | Report Abuse

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

Posted by caonima > 2021-03-18 21:18 | Report Abuse

https://www.theedgemarkets.com/article/uzma-bags-threeyear-contract-hwu-services-thailand

Posted by lloydlim > 2021-03-19 01:19 | Report Abuse

Well done Uzma! Bags another 3 years contract!

Posted by Keyman188 > 2021-03-19 08:02 | Report Abuse

Oil drops more than 7% in worst day since September

(PUBLISHED THU, MAR 18 20211:37 AM EDTUPDATED THU, MAR 18 20212:40 PM EDT)

Oil prices sunk for a fifth day running on Thursday on a stronger dollar, a further increase in U.S. crude and fuel inventories and the weight of the ever-present COVID-19 pandemic.

Brent crude slid 6.94% to settle at $63.28 per barrel. U.S. oil settled 7.12%, or $4.60, lower at $60 per barrel, after shedding 0.3% in the previous session. Both contracts are down 6% over the past five days.

“Short-term developments - stuttering vaccine rollouts and the build in U.S. oil inventories - are driving sentiment, but the longer-term oil outlook is still encouraging,” said PVM Oil Associates analyst Tamas Varga.

“Yesterday’s U.S. Federal Reserve meeting provided a boost to equities ... U.S. economic growth has been revised upwards while unemployment is expected to decline.”

A sharp rise in the value of the dollar after the Fed meeting has also driven the oil sell-off.

Government data on Wednesday showed U.S. crude inventories have risen for four straight weeks after severe cold weather forced shutdowns at refineries in the south. An industry report estimating a decline had raised hopes of a halt to the gains.

U.S. crude inventories rose by 2.4 million barrels last week, the U.S. Energy Information Administration (EIA) said on Wednesday, a day after the American Petroleum Institute (API) estimated there had been a 1 million barrel decline.

Varga added the market would be waiting for U.S. manufacturing data next week for further indications on the health of the world’s largest economy.

“Lower crude demand from Asian buyers as a result of upcoming refinery maintenance and probably higher prices is also something not helping crude at the moment,” said UBS commodity analyst Giovanni Staunovo.

A slowdown in some vaccination programmes and the prospect of more restrictions to control the coronavirus have tempered expectations for a recovery in fuel use.

Britain said on Thursday that global supply bumps meant its vaccine rollout would be slower than hoped in the coming weeks but it expects deliveries to increase from May.

A number of European countries have halted use of the AstraZeneca shot because of concerns about possible side effects, though the World Health Organization said Europe should continue to use the vaccine.


## https://www.cnbc.com/2021/03/18/oil-markets-us-stockpile-build-demand-worries.html

Posted by Keyman188 > 2021-03-19 08:02 | Report Abuse

Oil prices plunged due to :-

1) Higher US inventories

2) 2.4 mil barrels last week

3) Rising covid-19 cases in Europ

4) Slowdown in vaccination

Posted by pang72 > 2021-03-19 08:50 | Report Abuse

Continue average down my super oil stock..... Today...

Posted by Freshbreakout > 2021-03-19 09:29 | Report Abuse

Alahai, oil jatuh, Uzma follow jatuh. Uzma punya business bukan oil je wahai investors sekalian. No need to cut loss or panic sell. Think long term.

Posted by skrycry > 2021-03-19 13:03 | Report Abuse

still hold down and down

Posted by investorbat > 2021-03-19 13:13 | Report Abuse

0.80 still intact,net asset $1.42

Posted by mylinuxbsd > 2021-03-20 11:03 | Report Abuse

The contract was awarded to MMSVS by Medco Energi Thailand (Bualuang) Ltd on March 5, 2021, Uzma said in a filing today. It is Uzma's first new offshore contract announced this year.

Posted by jailanish > 2021-03-21 13:18 | Report Abuse

Google Translate from https://www.enanyang.my/行家论股/【行家论股视频】乌兹马-多元化业务拓财源

Analysis: Volkswagen Investment Bank Research

Target price: 95 immortals

ADS

Latest progress:

UZMA (7250, Main Board Energy Unit) is a wholly-owned subsidiary of MMSVS Group Holdings, which has been awarded a three-year oil and gas service contract from Thailand's Medco Energi (milling) company for a period of three years.

Contracts are in the form of "on-call" and therefore have no specific contract value.

ADS


Connoisseur's advice:

MSVS will provide hydraulic well repair services for Millfield. The contract will take effect from March 5 this year to March 4th, 2024.

In fiscal year 2021, Uzma won a total of RM400 million, which has highlighted the company's strength to provide services to old oil fields, and the scope is not limited to the domestic market, but the whole region.

Currently, Uzma hand-held orders are at a healthy level of RM1.4 billion, or 2.5 times the turnover of fiscal year 2020.

Uzma is one of the most active companies in winning new contracts, and the company is actively expanding its business into new fields.

For this year, Uzma has two initiatives, the first is to obtain two licenses from the Energy Commission to import liquefied natural gas and ship liquefied natural gas in Malaysia, and the second is the fourth round of the target large-scale solar power project (LSS4).

In order to expand its revenue source, the company is diversifying its business into new energy fields such as digital, aerospace, geothermal energy, etc., with a total turnover target of RM1.5 billion.

In summary, coupled with the stabilization of oil prices, we raised the net profit forecast for the 2022 and 2023 fiscal year by 14.6%, and the target price was revised to 95 immortals, maintaining a "beyond the market" rating.

Posted by Prashan Ram > 2021-03-23 18:32 | Report Abuse

uzma new contract again!

Posted by jailanish > 2021-03-23 19:56 | Report Abuse

Uzma bags RM180m contract from Petronas Carigali

https://www.theedgemarkets.com/article/uzma-bags-rm180m-contract-petronas-carigali

Posted by pang72 > 2021-03-23 22:23 | Report Abuse

Good!!

Posted by pang72 > 2021-03-23 22:24 | Report Abuse

Tmr up!! Hihi..

Posted by gemfinder > 2021-03-23 22:55 |

Post removed.Why?

Posted by VolatileIsMyGold > 2021-03-24 05:40 | Report Abuse

Uzma bags RM180 million Petronas Carigali contract

https://www.thestar.com.my/business/business-news/2021/03/23/uzma-bags-rm180mil-petronas-carigali-contract

Posted by PocketAllTheRockets > 2021-03-24 08:25 | Report Abuse

It's UZMA week! Contracts and Contracts! Let's go !

Posted by gemfinder > 2021-03-24 08:42 |

Post removed.Why?

Posted by HannahM > 2021-03-24 09:21 | Report Abuse

Why down with so many contract award news? Haih

Posted by KEENTRADER > 2021-03-24 10:55 | Report Abuse

Belum mahu goreng yet

Posted by gemfinder > 2021-03-24 10:57 |

Post removed.Why?

Posted by caonima > 2021-03-24 14:21 | Report Abuse

https://www.theedgemarkets.com/article/uzma-bets-new-energy

Posted by pang72 > 2021-03-24 14:22 | Report Abuse

Got contract down also...

Hihi!!

Posted by pang72 > 2021-03-24 17:19 | Report Abuse

Lucky lo...

Up..

Power uzma!!

Posted by pang72 > 2021-03-24 17:20 | Report Abuse

Got contract must up la

Posted by pang72 > 2021-03-24 18:32 | Report Abuse

Fly to the moon lolo...

Posted by AllYouCanBuy > 2021-03-24 19:16 | Report Abuse

Power engine UZMA is on.

Posted by Sebastian Power > 2021-03-24 21:19 | Report Abuse

buy momentum is strong

Posted by AllYouCanBuy > 2021-03-24 21:51 | Report Abuse

(Bloomberg) --

Oil climbed after the release of better-than-expected European manufacturing figures, while the Suez canal remained blocked by a giant container ship.

Futures in New York were 2.5% higher. Efforts are continuing to refloat the ship that ran aground in the Suez Canal, its manager said. The vessel remains stuck, said an executive for port-agent services provider GAC, reversing an earlier statement that the container had been partially moved.

Crude was also buoyed by strong European economic data, with a record increase in factory output masking fresh concerns across the region about surging coronavirus infections.

Oil prices have sunk about 13% in less than two weeks amid softening physical demand and the unwinding of long positions. The prompt timespread for Brent has also flipped into a bearish structure for the first time since January. Crude’s recent plunge may put pressure on OPEC+ to do more to try and stem the slide, with the group meeting next week to decide on production policy for May.

“The impact on the oil market will be fleeting,” Kevin Solomon, analyst at brokerage StoneX Group, said of the Suez Canal blockage. “At $70 the futures market had risen too quickly, but with oil at $60 it is an opportunity to buy at much more attractive levels.”

The Suez Canal is frequently used by tankers transporting crude from the world’s top exporters in the Middle East to customers across Europe. The 400-meter (1,300-foot) long container-ship Ever Given’s hull became wedged lengthways across the canal on Tuesday, causing congestion.

See also: Suez Canal Blockage Set to Ripple Through Global Energy Market

Elsewhere, Germany canceled a planned five-day lockdown, potentially easing some concerns over demand. The overall picture in Europe remains bleak, however, with Polish cases hitting a record.

Posted by damiantreez > 2021-03-25 09:53 | Report Abuse

this company has huge potential and big turnaround ahead

Posted by KEENTRADER > 2021-03-25 10:34 | Report Abuse

Climbing back slowly

Posted by KEENTRADER > 2021-03-25 10:37 | Report Abuse

Market sluggish

Posted by damiantreez > 2021-03-25 11:10 | Report Abuse

https://www.thestar.com.my/business/business-news/2021/03/25/uzmas-earnings-on-an-uptrend

Posted by KEENTRADER > 2021-03-25 18:18 | Report Abuse

Looks like Uzma is out with the media to publish news on their bags of contracts every other day. Publicity....

Posted by saferisk > 2021-03-25 19:47 | Report Abuse

Hopeless counter ...

Posted by caonima > 2021-03-25 21:45 | Report Abuse

https://www.chinapress.com.my/20210325/%E2%97%A4%E8%B0%88%E8%82%A1%E8%AE%BA%E5%B8%82%E2%97%A2-%E6%8E%A5%E8%8E%B7%E5%A4%A7%E9%87%8F%E6%96%B0%E5%90%88%E7%BA%A6-%E4%B9%8C%E5%85%B9%E9%A9%AC%E8%A1%8C%E4%B8%9A%E9%A6%96%E9%80%89/

Posted by ming > 2021-03-29 20:39 | Report Abuse

Bye bye brahmal

Posted by mylinuxbsd > 2021-03-29 21:16 | Report Abuse

mmm.. weird.

Posted by Rowie > 2021-03-30 08:02 | Report Abuse

Don’t worry about Bramal
He still holds 12.5m
His cost maybe very high
He just an opportunist trader cos his 6.5m bought at around 65 sen
This share will eventually shoot above RM 1

Posted by HannahM > 2021-03-30 10:06 | Report Abuse

Not sure what happened to Uzma, the price keeps on dropping...hmm

Posted by caonima > 2021-03-30 11:08 | Report Abuse

drop from 89 to 76, most useless oil counter in the near term