Which analyst say this share is undervalued? I looked at the target prices in i3investor they are all mainly within 30 sen to 40 sen.
fl888 MACC should investigate the Board of Amanah Trustees Why and how they are selling continuously when oil prices are so high and This Share are undervalued by some analysts......a new style of corrrupt activities like FGV..
What does Hengyuan got to do with this counter? Both are doing different activities. You are suspecting HY will take over umwog? Please ... no synergy at all. The oil that comes out from the wells drilled by umwog belongs to the oil companies.
Effendy Tay Anybody knows who is the buyer of umwog corporations. Hengyuan received 1.7billion loans from several banks in Malaysia to inject more funds in the oil industries downstream. Won't be surprised if hengyuan is behind the take over to cater in house service. If that concludes biggest beneficiaries in umwog is likely be the one who has established oil exploration and refining in Malaysia buying at lowest price. During the booming years umwog was 4.50ringgit ,the lowest 29cts
bisonbull Yesterday agent says cannot pick up the lots. have to cut loss last minute @ 0.345. Today, Q @ 0.345 till mid day close still cannot deal... :(
No wonder the price so weak, got RPS conversion. Will cause further dilution. No wonder PNB needs to sell Umwog shares. They can't hold more than 65% and this conversion will increase their shareholdings.
Types of corporate proposal : Conversion of Preference Shares Details of corporate proposal : Conversion of Islamic Redeemable Convertible Preference Shares (RCPS-I) into Ordinary Shares of the Company (Conversion of shares)
No. of shares issued under this corporate proposal : 216,577,089
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
offshore
327 posts
Posted by offshore > 2018-01-24 09:56 | Report Abuse
Which analyst say this share is undervalued? I looked at the target prices in i3investor they are all mainly within 30 sen to 40 sen.
fl888 MACC should investigate the Board of Amanah Trustees Why and how they are selling continuously when oil prices are so high and This Share are undervalued by some analysts......a new style of corrrupt activities like FGV..