Analysts bullish on oil and gas services provider Uzma


Congratulations, Uzma. Payment into the usual Nigerian and Angolan accounts, please.

From the Star, dateline 2013-04-23:

Oil and gas services provider Uzma Bhd‘s share price has been on an uptrend, while the company’s orderbook has been steadily beefed up.

Although not widely covered by analysts, the stock has three “buy” calls and a “hold” call. The stock has risen 42% year-to-date, hitting a 52-week high of RM2.40 last Monday. It closed unchanged at RM2.08.

Last Friday, Uzma announced that it had secured a five-year contract worth RM238mil from ExxonMobil Exploration and Production Malaysia Inc for the provision of oilfield chemicals and associated services.

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