Posted by ScrewDriver > 2016-08-18 10:37 | Report Abuse

quarter result, any opinion? red?

Posted by leekang86 > 2016-08-18 11:00 | Report Abuse

Oil is up but now no have buyer so cant up yet

Posted by pradeep > 2016-08-18 14:24 | Report Abuse

even oil up but if the company may not have additional business how to generate income we have to realistic and accept this fact maybe this quarter not good next quarter will be good, the issue is how much risk we have to take on this stock.

Posted by Junichiro > 2016-08-18 14:35 | Report Abuse

Oil may be up at this moment but UMWOG is involved in oil related services and not selling oil. All oil companies have cut down their investment, hence there is no new jobs for these oil-related services companies even if oil is up at this moment.

Posted by ScrewDriver > 2016-08-18 14:40 | Report Abuse

There are few points to consider now. Contracts for two NAGA rigs actually expired in the 2nd quarter this year, are the associated revenues were already realised with the progress contract, or are there any one-off revenue to be realised with the expired contracts?
And we need to consider of how the market will react with the announcement of quarter result if it is red.

Posted by ScrewDriver > 2016-08-18 14:54 | Report Abuse

The reaction may not necessary be negative, it can be neutral or even postitive, if UMWOG report another losing quarter, because if the quarter loss is better than expectation, investor may buy the quarter result (ie happy with the result), the forward looking market, and the market looking forward may expect more contracts (revenue) with improving oil price.

Posted by Buy1sell2 > 2016-08-18 15:30 | Report Abuse

Its recovery time for UMW OG.

Posted by Buy1sell2 > 2016-08-18 15:35 | Report Abuse

All time high was a whopping $4.63. When oil recovers, this stock will rebound strongly. Have faith. Hold tight.

Posted by Buy1sell2 > 2016-08-18 15:35 | Report Abuse

Buy...Oil is going up again. No regrets.

Posted by pradeep > 2016-08-18 15:36 | Report Abuse

I agree with ScrewDriver opinion

Posted by Buy1sell2 > 2016-08-18 15:49 | Report Abuse

Buy as indicated by the charts. Support is at 98 sen. We are heading for an uptrend from now on.

http://klse.i3investor.com/blogs/kenangaresearch/102214.jsp

Posted by Josephine Ong > 2016-08-18 15:50 | Report Abuse

yes....TP 1.20

Posted by Buy1sell2 > 2016-08-18 15:53 | Report Abuse

The worst is over. A lot of investors are buying back those stock battered badly by the oil price. As oil recovering above the $50 mark, we will see a revival of UMWOG. No worries. I bet my EPF savings on this stock. Very confident it will up above $1.50 by next month if oil is $60 a barrel.

Posted by ScrewDriver > 2016-08-18 15:57 | Report Abuse

Somehow I feel that the volatility in price (up and down swings) in these few days is actually a good thing (sign), especially when it is hugging 200sma currently.

Posted by Buy1sell2 > 2016-08-18 15:58 | Report Abuse

Buy early. A small buy signal is indicating a change in trend. From down trend to uptrend. Be patience. As we move forward, we will see the changes. Sep meeting is important. Saudi and Russia will decide to control the production or freeze it to prop up the oil price. Oil is bullish. So is UMWOG.

Posted by Buy1sell2 > 2016-08-18 16:03 | Report Abuse

Accumulate on UMWOG-C4. I think it will break 20 sen mark if UMWOG go higher and higher.

Posted by apasajalah > 2016-08-18 16:04 | Report Abuse

already accumulated C4 !!

Posted by Buy1sell2 > 2016-08-18 16:11 | Report Abuse

Thumbs up!

Posted by apasajalah > 2016-08-18 16:14 | Report Abuse

Spartan KIM is looking at C5 hehe..

Posted by Gan Soon Kian > 2016-08-18 16:23 | Report Abuse

C4 REALLY CAN FROM 5SEN GO TILL 20SEN??

Posted by ScrewDriver > 2016-08-18 16:28 | Report Abuse

Nothing is guaranteed in this world, do your own due diligence.

Posted by Gan Soon Kian > 2016-08-18 16:30 | Report Abuse

Cuz im very sad holding at 6sen nw

Posted by Buy1sell2 > 2016-08-18 16:34 | Report Abuse

Get ready to rumble.....a matter of time. Should be coming....after the rain is the rainbow.
http://www.businesstimes.com.sg/stocks/malaysias-most-battered-stocks-look-like-bargains-to-top-fund

Posted by Buy1sell2 > 2016-08-18 16:35 | Report Abuse

Soon Kian Don't worry C4 will rebound back to at least 10 sen sooner or later. Have faith.

Posted by Buy1sell2 > 2016-08-18 16:37 | Report Abuse

UMWOG is the one of the nation's biggest conglomerates. This is a blue chip. Have faith. I bet oil price will recover back to $100 a barrel. Natural resources cannot last forever.

Posted by Buy1sell2 > 2016-08-18 17:32 | Report Abuse

Time to buy. Tomorrow gap up. Oil is going up.

Posted by Buy1sell2 > 2016-08-18 17:36 | Report Abuse

Today’s reports of increased Saudi output come as former OPEC chief, Chakib Khelil, told Bloomberg that the heavyweight OPEC members Saudi Arabia, Iran and Iraq, as well as non-OPEC Russia, may be willing to agree on a production freeze because they have already grabbed all market shares up for grabs.

Following a downbeat early trade on Wednesday, oil prices began climbing shortly after the Energy Information Administration (EIA) published its weekly inventory report, which showed that crude oil inventories last week fell by 2.5 million barrels in the week to August 12, standing at 521.1 million barrels.

Posted by Buy1sell2 > 2016-08-18 17:39 | Report Abuse

Coming ..... BEST time to buy UMWOG is now. 98 sen is the support level. Moving up anytime. A cross is detected meaning the price has stabilize at the current level. More uptrend expected in the coming weeks. UMWOG-C4 should break 10 sen level soon. Hold tight.

Posted by Buy1sell2 > 2016-08-18 18:06 | Report Abuse

Huge buying from AMANAHRAYA TRUSTEES BERHAD - AMANAH SAHAM BUMIPUTERA.

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5161409

Posted by Annetan > 2016-08-18 18:42 | Report Abuse

buy1sell2,that is the direct deal crossed at .99 that day.Since it's not left hand to right hand,very good chance big move is coming!

Posted by ScrewDriver > 2016-08-18 18:50 | Report Abuse

The price is still playing taichi with 200sma, still waiting for it to make a close way above 200sma.

Posted by Gan Soon Kian > 2016-08-18 19:14 | Report Abuse

what mean by 200sma?

Posted by Annetan > 2016-08-18 19:22 | Report Abuse

Gan,200 sma means 200 simple moving average in charts.one of the indicator people look for it to be bullish is when it trends above this indicator.

Posted by Buy1sell2 > 2016-08-18 19:58 | Report Abuse

Very optimistic oil will shoot up coming soon. Buy now before it shoots past $1.20. Something is brewing...brewing in UMWOG. The salted fish has finally coming back to live!!!! Buy and keep.
Lets hope this is the start of UMWOG revival just like Thheavy rising up very quickly. A lot of big investors are starting to look into Battered big conglomerates like UMWOG. A reason buying of MBSB by a smart investor pump it up. Anyone see the value of UMWOG? Reasons for oil to be coming up :=

* Brent trades over $50 for first time since early July

* Crude benchmarks up nearly 20 pct in August

* Saudi Arabia signals output may hit record high

* Oil producers set to discuss output freeze in September

Posted by snwong13 > 2016-08-18 20:14 | Report Abuse

.
good comments
qtr result out this month.
hope a good one!

Posted by Buy1sell2 > 2016-08-18 20:23 | Report Abuse

From here, expect bias to be to the upside, with overhead resistance levels at RM1.09 (R1) and RM1.16 (R2). Traders may look to buy at the aforementioned RM0.98 (S1) resistance-turned-support, failing which further support is located at the RM0.875 (S2) floor.

Posted by Buy1sell2 > 2016-08-18 20:35 | Report Abuse

Brent oil is going up to $49 per barrel. This is really a bullish sign.

Posted by Buy1sell2 > 2016-08-18 20:55 | Report Abuse

TP from Maybank Research is $1.25. Hold it tight.

http://www.thestar.com.my/business/business-news/2015/11/27/umw-oil--gas-upgraded-with-higher-target-price/

Posted by Tham Leong > 2016-08-18 21:01 | Report Abuse

Umwog high rm4 now rm1 huge potential up.....

Posted by hklcheng > 2016-08-18 23:18 | Report Abuse

Wow..crude oil break 50..tomorrow fly

Posted by Buy1sell2 > 2016-08-19 07:04 | Report Abuse

Strong Demand And a Weak US Dollar Has Helped Oil Sky Rocket!!!!

Thursday saw the price of WTI Crude Oil push ever higher on the back of a weak-dollar after Wednesday’s FOMC Minutes. Oil likely got an extra boost thanks to EIA numbers showed a ~3.5Mln barrel surprisefor Crude Oil Bulls. Thursday’s gains added to Crudes longest days of consistent gains in a year.

The recent price action in Crude Oil has been impressive. The 22%+ rise in the price of Oil from the August low of $39.17/bbl has re-encouraged commodity Bulls that we could be leaving behind the discouraging market of the last two years. Another encouraging sign was the Inventory Data released Wednesday by the IEA.

Given the recent run up in Oil and breakdown in the US Dollar, if we’re able to break the formidable resistance of $49.25/bbl, we could be working on a potential retest and break of the June high of $51.64/bbl into new YTD highs.

World equity markets rose on Thursday, helped by a weaker dollar and surging oil prices that touched their highest in six weeks to lift energy sector stocks!!!!! BBBBBUUUYYY early!!!!
Don't miss the rally!!!!! Oil is surging!!!!!!!!!!!!!!!!!!!!!!!!!!!

http://finance.yahoo.com/news/asia-stocks-rise-dollar-falls-003329659.html

Posted by Buy1sell2 > 2016-08-19 07:39 | Report Abuse

The volatility in crude oil and fall in oil and gas (O&G) share prices have opened a window of opportunity to trade beaten down stocks, according to Maybank Investment Bank Research.

“We upgrade Icon, Perisai Petroleum Teknologi Bhd, SapuraKencana Petroleum Bhd (SapKen) and UMW O&G to trading buys with unchanged target price. These stocks, in our view, are oversold, attractively valued, high beta proxies to any potential rebound in oil prices and weaker US dollar,” Maybank IB said.

Posted by Buy1sell2 > 2016-08-19 09:13 | Report Abuse

Buy now before it fly. Don't wait. Oil is surging...fast.

Posted by Gan Soon Kian > 2016-08-19 09:27 | Report Abuse

high resistance in 1.01,1.02 and 1.03

Posted by thenewbee > 2016-08-19 09:28 | Report Abuse

i cant see the sign of bullishing signal.

Posted by speakup > 2016-08-19 09:29 | Report Abuse

if u can't see bull, then it's bull-shit :-)

Posted by coolkm > 2016-08-19 09:31 | Report Abuse

Be patient... Today is t4 for the hike on 15aug.

Posted by ScrewDriver > 2016-08-19 10:03 | Report Abuse

High amount of sell q, low amount of buy queue, good thing.

Posted by Gan Soon Kian > 2016-08-19 10:05 | Report Abuse

why good thing?this will only lower the price...

Posted by Buy1sell2 > 2016-08-19 10:05 | Report Abuse

Be patience. The selling is normal as some T+4. After this no more road blocks. Buy UMWOG-C4 at 5 sen and keep.