from last year call up up up until now then WWWOOOOOooooo~~~~....... TP? are you joking?? goreng and gambling counter, bring out and show me more anal lysis from your anal.
Do not to be concerned whether PNB convert 1.2 B shrs of i-RPS to Ordinary Shares to sell down or not... as if they want to sell, PNB could sell from the 3 B shrs that they hold.
In Oct 2017, the additional Rights Issue of 1.2B shrs were beyond the 65% of PNB-ASB can hold as not to trigger a MGO (mandatory general offer) that were converted to I-RPS (non-voting shrs) (as PNB agreed to subcribed to all excess Rights shrs not taken up).
What's important here is UMWOG has achieved its cash call of RM 1.8B to reduce its gearing. UMWOG is now out of ICU & HDU (high dependency unit) like in a hospital and recuperating with all 7 rigs utilised and with the oil price firming to support hire rates, it can recover very fast.....
PNB now holds 4.4 B shrs or 53% of total 8.32 B shrs...
If the oil price hits $75/bbl, it may be good for Gov't to take UMWOG private and park it is an integral biz of Petronas ... all these oil services companies are just stressing up our banks....
umwog thanks for the easy money . I will take profit soon already made 40% profit on umwog thanks i going change the mhc and taan and tdm and swpalm.oil and rsawit those are undervalued palm.oil.counters palm.oil soon will limit up after cru oil alreday up so high all the best
No oil companies will want to own rigs. They rather leave this dirty work to drilling contractors. Go watch "Deepwater Horizon" and understand that "love-hate" relationship between oil companies and drilling contractors. Besides, Petronas does not need 7 rigs all at the same time.
Max2838 PNB now holds 4.4 B shrs or 53% of total 8.32 B shrs...
If the oil price hits $75/bbl, it may be good for Gov't to take UMWOG private and park it is an integral biz of Petronas ... all these oil services companies are just stressing up our banks....
UMWOG held good support and bounce back up from 0.339. RSI and MACD shows positive divergence. Good to go long. Hold and come back next quarter. Confirm huat
ivan9511 Unwoig made me profit Easy money Up please 29/01/2018 11:17
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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....
stopbombing
1,440 posts
Posted by stopbombing > 2018-01-28 15:17 | Report Abuse
from last year call up up up until now then WWWOOOOOooooo~~~~....... TP? are you joking?? goreng and gambling counter, bring out and show me more anal lysis from your anal.