UMW O&G FYI14 EPS could increase 2%- CIMB Research
- 6 years ago
According to CIMB Investment Bank Research, UMW Oil & Gas (UMWOG) corporation's earnings per share could increase by 2 per cent in financial year 2014 as its jack-up rig naga 7 is likely to be delivered earlier than expected.
CIMB Research analyst Norziana Mohd Inon said she was encouraged by UMWOG's fleet expansion programme, which had been producing positive scheduling surprises.
CIMB Research analyst Norziana Mohd Inon said she was encouraged by UMWOG's fleet expansion programme, which had been producing positive scheduling surprises.