UZMA BHD

KLSE (MYR): UZMA (7250)

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Last Price

0.85

Today's Change

+0.015 (1.80%)

Day's Change

0.825 - 0.85

Trading Volume

935,200


4 people like this.

6,206 comment(s). Last comment by TheContrarian 1 week ago

jamesssss

160 posts

Posted by jamesssss > 2019-11-04 15:48 | Report Abuse

hng33 bought back uzma at 93.5sen

0.935 is a good buy, congrats.

Woodswater

3,778 posts

Posted by Woodswater > 2019-11-04 15:48 | Report Abuse

enigmatic ¯\_(ツ)_/¯ What value do you guys see in Uzma?
04/11/2019 3:43 PM

80 c

Woodswater

3,778 posts

Posted by Woodswater > 2019-11-04 15:53 | Report Abuse

jamesssss Those whos have not confident just sell , don't talk like a fortune teller and don't know what will be happened with yourself.
04/11/2019 3:44 PM

I mark ur words. Let c what KYY n OTB comment first.
Wakakakaka

CITADEL

1,867 posts

Posted by CITADEL > 2019-11-04 16:03 |

Post removed.Why?

SALAM

1,072 posts

Posted by SALAM > 2019-11-04 16:04 | Report Abuse

OTB sudah cabut la... Apa mahu tunggu lagi

mofa83

291 posts

Posted by mofa83 > 2019-11-04 16:18 | Report Abuse

hng33 bought back uzma at 93.5sen
04/11/2019 3:42 PM

You sure?

Trader8888

138 posts

Posted by Trader8888 > 2019-11-04 16:23 | Report Abuse

uzma2.. what takes u so long to fall?

Posted by kamcheonghui > 2019-11-04 16:29 | Report Abuse

Uncle Koon what is yr comment. Hold or Sell Pls advise

tumbler

492 posts

Posted by tumbler > 2019-11-04 16:30 | Report Abuse

This one sure falling knife till no tomorrow unless one of the MD come out admitted fault and resign immediately.

mofa83

291 posts

Posted by mofa83 > 2019-11-04 16:30 | Report Abuse

LuckyBertuah Pls dont gv assumption..pity to those who stuck at high..those who still holding at 1.13/1.14
04/11/2019 4:23 PM

Truth hurt aint it

tumbler

492 posts

Posted by tumbler > 2019-11-04 16:31 | Report Abuse

If not everybody not trust BOD anymore becoz it same as feeding cows inside condominium company who want to buy it.

Hotwires

225 posts

Posted by Hotwires > 2019-11-04 16:35 | Report Abuse

Me previously bought 58c, 63c and 73c. Sell all 78c.

If you ask me, I would say even 80c is not a bargain. Anyway, I don't think it will go back to below 70c.

Underhand

653 posts

Posted by Underhand > 2019-11-04 16:37 | Report Abuse

I stuck at 1.04. wtf

apolloang

18,163 posts

Posted by apolloang > 2019-11-04 16:38 | Report Abuse

nobody knows myeg and prg can down so much also.....hahaha

Underhand

653 posts

Posted by Underhand > 2019-11-04 16:39 | Report Abuse

Calvin, what can say now? You are conman

Underhand

653 posts

Posted by Underhand > 2019-11-04 16:39 | Report Abuse

After scomies...

Henry8833

874 posts

Posted by Henry8833 > 2019-11-04 16:40 | Report Abuse

The announcement of legal case did not state when over payment was made and whether it will affect current quarter results to be announced end of Nov 2019. As such, there are many uncertainties

qqq3

13,202 posts

Posted by qqq3 > 2019-11-04 16:40 | Report Abuse

chasing shares on quarter results.................................lol

Posted by enigmatic ¯\_(ツ)_/¯ > 2019-11-04 16:40 | Report Abuse

To be fair to Calvintan, he did tell you all to get out of Uzma recently

sheep

3,851 posts

Posted by sheep > 2019-11-04 16:40 | Report Abuse

if down tomorrow force selling on wed....

michaelwong

3,072 posts

Posted by michaelwong > 2019-11-04 16:41 | Report Abuse

Bought at 1.01 if cut lost very siong with the sudden untimely bad news

apolloang

18,163 posts

Posted by apolloang > 2019-11-04 16:43 | Report Abuse

when pastor calvin told u all to cabut?

Shinnzaii

3,114 posts

Posted by Shinnzaii > 2019-11-04 16:47 | Report Abuse

Aiyo...bad news due to mismanagement of the project by management or material litigation to recover the money? i dont see any negative news since they want to recover back overpaid money that nasi susah jadi bubur except for mismanagement...is either you can recover back the money or dont...

Hotwires

225 posts

Posted by Hotwires > 2019-11-04 16:48 | Report Abuse

When he recommended Netx. He did ask his followers to sell Uzma and switch to Netx when Uzma at rm1+. Of course I cabut long before that and I did informed all of you (regret that I sold it too early).

tansoonyg

61 posts

Posted by tansoonyg > 2019-11-04 16:49 | Report Abuse

Thank you Calvin for telling us to sell earlier.

apolloang

18,163 posts

Posted by apolloang > 2019-11-04 16:52 | Report Abuse

thank you pastor calvin for tell u all to buy scomies at 13cts.....hahaha

Posted by shirley8116 > 2019-11-04 16:55 | Report Abuse

i stuck in 0.96, any advise

Hotwires

225 posts

Posted by Hotwires > 2019-11-04 17:18 | Report Abuse

SELL CARIMIN & UZMA NOW & SWITCH TO NETX, OPCOM, REDTONE OR MUIPROP, Calvin Tan Research
Author: calvintaneng Publish date: Sun, 20 Oct 2019, 6:22 PM

This is Uzma sell call by Calvin on 20th Oct. You can search the full article.

Trader8888

138 posts

Posted by Trader8888 > 2019-11-04 17:26 | Report Abuse

1. Uzma fail to break double bottom's resistance.
2. Uzma MAY BE perform cup & handle. But may be requires some time & need to see further development of the handle.

Cannot say much coz need to wait and see tomorrow. I guess can wait until it close below 0.86 to cut lost. If it can maintain above this price, Uzma can increase further.

For me personally i believe uzma can go higher. I bought at 0.76 and sold all @1.06 and was waiting for retracement to enter again. :)

probability

14,496 posts

Posted by probability > 2019-11-04 17:54 | Report Abuse

https://www.theedgemarkets.com/article/uzma-sues-two-companies-recover-overpayment-rm63m

The above article is 5 days old...market reaction is hilarious.

I guess the sum is a cumulative figure stretched over a period...it will not have any implications on current quarterly earnings...

Instead of reading it as 'overpaying'...one should read it as 'under-declared previous earnings' due to overpaying.

Think about it.

Master123

213 posts

Posted by Master123 > 2019-11-04 17:58 | Report Abuse

The same situation happened on Armada last week. Suddenly drop all panic selling then rebound slowly next day.

michaelwong

3,072 posts

Posted by michaelwong > 2019-11-04 18:08 | Report Abuse

With this type of closing probably might go lower by 2morrow . Below 90 cents many cari makan kaki will masuk and make fast quick bucks and cabut...... that's is very likely when its rebound. DJI down worst still the share price will drop. Quite unlucky bought at the wrong timing at 1.01 at Friday.....tiu !!!

Posted by perangbrown > 2019-11-04 18:23 | Report Abuse

A wholly-owned unit of Uzma Bhd is taking legal action against South Korea’s Khan Co Ltd (Khan) and Kong Offshore Malaysia Sdn Bhd (Kong) for overpayment of works worth RM63.14 million.

Uzma Engineering Sdn Bhd (UESB) has filed a Writ and Statement of Claim in the Kuala Lumpur High Court to commence legal action against the two companies.

geraldt9

904 posts

Posted by geraldt9 > 2019-11-04 18:40 | Report Abuse

Looks like the start of a nose bleed ...

michaelwong

3,072 posts

Posted by michaelwong > 2019-11-04 18:47 | Report Abuse

According to the edge article , uzma have nothing to lose in the delay legal actions, but to recover overpayment of RM64.14 millions or remain neutral even if it lost the case with no impairment cost.

ming

2,087 posts

Posted by ming > 2019-11-04 18:59 | Report Abuse

Cuci 99

thor85

407 posts

Posted by thor85 > 2019-11-04 19:02 | Report Abuse

Instead of reading it as 'overpaying'...one should read it as 'under-declared previous earnings' due to overpaying.

ming

2,087 posts

Posted by ming > 2019-11-04 19:05 | Report Abuse

Completed project pulak..

cheoky

2,823 posts

Posted by cheoky > 2019-11-04 19:18 | Report Abuse

That means project completed and accepted by petronas. If court case is successfully means bonus profit???? .....
Funny thing remains how on earth can discover overcharge rm60mil! A big amount oh....
Right thing is they willing to fight back the overexpense from subcon....

A bit of puzzle to solve....

probability

14,496 posts

Posted by probability > 2019-11-04 19:35 | Report Abuse

confirmed under-declared earning for the last 2 years.

63 Million potential FREE earnings in FUTURE..

cheoky

2,823 posts

Posted by cheoky > 2019-11-04 19:38 | Report Abuse

So management did right thing. The dark side is how come overexpense until rm60m. Today sure kky turun kereta de. Perhaps otb gang too. This gang force can't be ignored. May a brigther day for uzma tomorrow. Lolx

cheoky

2,823 posts

Posted by cheoky > 2019-11-04 19:46 | Report Abuse

Good guessing. Hopefully this selling is triggered by otb and kyy gang rather than insider. Then brigther day is with uzma.

Posted by PotentialGhost > 2019-11-04 19:54 | Report Abuse

Lol drop for no reason , danger lo , don't play play. Sure got big problem . Sell !!!

ming

2,087 posts

Posted by ming > 2019-11-04 20:03 | Report Abuse

Dayang & armada also happened this type drop before.. funny market

Jokers2020

2,006 posts

Posted by Jokers2020 > 2019-11-04 20:15 | Report Abuse

aiya push down then when collect enug will push up for another gain...

pang72

51,533 posts

Posted by pang72 > 2019-11-04 22:19 | Report Abuse

They switch to beautiful Jaks.
Up so much today!!
Dont you see it!!

pang72

51,533 posts

Posted by pang72 > 2019-11-04 22:19 | Report Abuse

Uzma goes lower then jaks goes higher!

fattycat

699 posts

Posted by fattycat > 2019-11-04 22:21 | Report Abuse

Same story repeated again.
Just like dayang being downgrade that time.
Panic sell

pang72

51,533 posts

Posted by pang72 > 2019-11-04 22:26 | Report Abuse

Beautiful story ended here!

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