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152,906 comment(s). Last comment by DreamKentut at Sep 24, 2019 4:58 PM
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Darth_
94 posts

Posted by Darth_ > Mar 7, 2019 11:20 AM | Report Abuse

HS sold 2 months ady. If got white knight why no news?


tlbeng
907 posts

Posted by tlbeng > Mar 7, 2019 11:23 AM | Report Abuse

probably the company trying to nego with auditors on the impairment loss amount


Darth_
94 posts

Posted by Darth_ > Mar 7, 2019 11:27 AM | Report Abuse

TS HS still the boss why he cannot?

dragonslayer Aiyo..tan seli dapat ram1.5mil salary kah...mana report...suka suka cakap kah...tan seli mana cakap dia earning RM1.5mil salary.....itu MD lah...earn RM1mil satu tahun...tan seli punya kawan lah..report ada tulis lah....lol..aiyoyo..kikiki
07/03/2019 11:23


Darth_
94 posts

Posted by Darth_ > Mar 7, 2019 11:27 AM | Report Abuse

Any1 here own 4% Suma?


Darth_
94 posts

Posted by Darth_ > Mar 7, 2019 11:34 AM | Report Abuse

We go office in Midvalley kick out HS sudah boleh?


Darth_
94 posts

Posted by Darth_ > Mar 7, 2019 11:40 AM | Report Abuse

If after QR take salary only TS sell the rest how?


Darth_
94 posts

Posted by Darth_ > Mar 7, 2019 11:42 AM | Report Abuse

If still nobody own more than TS perhaps 1 more qtr enjoy buta gaji?


derrickinvestor
7621 posts

Posted by derrickinvestor > Mar 7, 2019 12:54 PM | Report Abuse

Qr out.. loss billions..sohow?


derrickinvestor
7621 posts

Posted by derrickinvestor > Mar 7, 2019 12:54 PM | Report Abuse

Ah gon?


derrickinvestor
7621 posts

Posted by derrickinvestor > Mar 7, 2019 12:57 PM | Report Abuse

Loss 2.743 million... ah gon u didnt ask nato kong what happento suma ka? Aiyooooo


MamakKutty
197 posts

Posted by MamakKutty > Mar 7, 2019 1:04 PM | Report Abuse

confirmed ZERO revenue!


zenbeginner
203 posts

Posted by zenbeginner > Mar 7, 2019 1:12 PM | Report Abuse

Sorry, what does that mean by set off?


zenbeginner
203 posts

Posted by zenbeginner > Mar 7, 2019 1:44 PM | Report Abuse

so, did Mell really develop the oil field? No oil no revenue?


zenbeginner
203 posts

Posted by zenbeginner > Mar 7, 2019 1:47 PM | Report Abuse

what does this leave sumatec? is this even a company doing business?


zenbeginner
203 posts

Posted by zenbeginner > Mar 7, 2019 2:33 PM | Report Abuse

Aik,......... Leoleo.....why did you remove all your earlier postings??


Leoleo
4932 posts

Posted by Leoleo > Mar 7, 2019 2:54 PM | Report Abuse

bye bye


derrickinvestor
7621 posts

Posted by derrickinvestor > Mar 7, 2019 3:05 PM | Report Abuse

Aiyooooo dragon... go ask dato kong put spell on tshs la...


zenbeginner
203 posts

Posted by zenbeginner > Mar 7, 2019 3:05 PM | Report Abuse

dragonslayer Aiyo...QR keluar oredy...no surprise report...now left april due date...1 year anniversary masuk PN17...lagi takda ploposal keluar kah...last full moon to bet oredy...aiyoyo...now wtg everyday for the script writer to write ploposal...time is running out liao...aiyoyo...kikiki
07/03/2019 14:54

What are the chances that this will happen? so many negatives and with TSHS already almost sold his shares.....we are stuck waiting for inevitable conclusion in April


derrickinvestor
7621 posts

Posted by derrickinvestor > Mar 7, 2019 3:06 PM | Report Abuse

Leo entry price?


Leoleo
4932 posts

Posted by Leoleo > Mar 7, 2019 3:18 PM | Report Abuse

loss kaw kaw la


zenbeginner
203 posts

Posted by zenbeginner > Mar 7, 2019 3:54 PM | Report Abuse

with this kind of report why waited 5 days lah.....could have just passed it...haha


zenbeginner
203 posts

Posted by zenbeginner > Mar 7, 2019 4:19 PM | Report Abuse

haha...sorrylah...did not check on the queue properly...din know there are so many queue waiting to buy at half cent....


ramada
3341 posts

Posted by ramada > Mar 7, 2019 4:29 PM | Report Abuse

No revenue at all. No run business already.
https://www.malaysiastock.biz/Corporate-Infomation.aspx?securityCode=1201


zenbeginner
203 posts

Posted by zenbeginner > Mar 7, 2019 5:10 PM | Report Abuse

why go through all these wayangs.....investor money is already gone anyway much earlier....just bloody close the company then....time for regularisation plan under PN17 just only 2 months left...waiting until the last month to announce....sorry we don't have a plan...haha


newbie4444
636 posts

Posted by newbie4444 > Mar 7, 2019 5:22 PM | Report Abuse

sifus why pukul lalat management good? 0 revenue also need extra 5 days to submit QR? Extra 5 days so that get more salary?


鹅麟依旧≈ 扫地僧
26517 posts

Posted by 鹅麟依旧≈ 扫地僧 > Mar 7, 2019 5:32 PM | Report Abuse

Wa ada baca

Ciakap tunggu masa masak nak goreng kasi 0.060 at least and will take over Dayang in a year


DreamPredator
1111 posts

Posted by DreamPredator > Mar 8, 2019 2:33 AM | Report Abuse

yah gah


DreamPredator
1111 posts

Posted by DreamPredator > Mar 8, 2019 5:27 AM | Report Abuse

Qrtr loss reduced by 98.7%

https://www.theedgemarkets.com/article/s-p-setia-lafarge-handal-resources-pelangi-sasbadi-jiankun-knm-maxis-and-sumatec


DreamPredator
1111 posts

Posted by DreamPredator > Mar 8, 2019 5:29 AM | Report Abuse

Sutah start turning around gah


limkokthye
2321 posts

Posted by limkokthye > Mar 8, 2019 8:30 AM | Report Abuse

revenue 0 again


limkokthye
2321 posts

Posted by limkokthye > Mar 8, 2019 8:32 AM | Report Abuse

company loss because pay salary to big management , no sales still can pay , cb company , tutup lah


MrFox
81 posts

Posted by MrFox > Mar 8, 2019 9:55 AM | Report Abuse

kikiki


Sanatan
536 posts

Posted by Sanatan > Mar 8, 2019 10:46 AM | Report Abuse

Without revenue how do they sustain for 2 qtrs. already ?


zenbeginner
203 posts

Posted by zenbeginner > Mar 8, 2019 11:28 AM | Report Abuse

Is this the reason TSHS sold his shares? To fund the salary for staff and working towards turning it around? Hahaha....that will be nice


zenbeginner
203 posts

Posted by zenbeginner > Mar 8, 2019 2:37 PM | Report Abuse

wow....very active forum today....so many comments suddenly....it's like having a party.....a farewell party? haha.....


besos
34 posts

Posted by besos > Mar 8, 2019 3:46 PM | Report Abuse

Borrow more money from banks? Once cannot borrow need RI?

Posted by Sanatan > Mar 8, 2019 10:46 AM | Report Abuse
Without revenue how do they sustain for 2 qtrs. already ?


zenbeginner
203 posts

Posted by zenbeginner > Mar 8, 2019 5:39 PM | Report Abuse

Leoleo Wah petronas buying sumatec...

https://www.theedgemarkets.com/article/petronas-ramp-fy19-capex-above-...
08/03/2019 17:34


which part say buy sumatec ah?


Tiong Kung King Zien
526 posts

Posted by Tiong Kung King Zien > Mar 9, 2019 12:15 AM | Report Abuse

Sumatec hidup


DreamConqueror
4750 posts

Posted by DreamConqueror > Mar 9, 2019 4:02 PM | Report Abuse

yah gah


DreamConqueror
4750 posts

Posted by DreamConqueror > Mar 9, 2019 4:03 PM | Report Abuse

Saturday afternoon chill

https://youtu.be/YV60no2cVFY


kakisaham
7270 posts

Posted by kakisaham > Mar 10, 2019 8:57 AM | Report Abuse

Aik..hidup lagi ke ini stock
...aku ingat dah arwah dah


zenbeginner
203 posts

Posted by zenbeginner > Mar 11, 2019 11:31 AM | Report Abuse

countdown to PN17 regularisation plan - 1 month to April!!


Fuzzycats
4006 posts

Posted by Fuzzycats > Mar 11, 2019 6:30 PM | Report Abuse

炒猴子

话说有一个商人来到一个小村,村子周围的山上住满了许多猴子。

商人就和村子的农民说,我要大量的猴子,100元一只。

村民不知是真是假,试着抓了只猴子,商人果然给了100元。于是全村的人都去抓猴子,因为这比耕种划算得多了。

很快的,商人买了两千多只猴子,山上猴子很少了。商人这时又出价200元一只买猴子,村民见猴价翻倍,便又纷纷去抓,商人又买了,但猴子已经很难抓到了。

商人又出价300元一只买猴子,猴子几乎抓不到了。

商人更出高价到500元一只,山上已没有猴子,三千多只猴子都在商人这里。

这天,商人有事回城里,他的助手到村里和农民们说,我把猴子300元一只卖你们,等商人回来,你们500元卖给商人,你们就发财了。村民疯了一般,把锅砸了卖铁,凑够钱,把三千多只猴子全买了回去。

助手带着钱走了,商人也没有回来。

村民等了很久,起初他们坚信商人必定会回来以500元买他们的猴子,后来终于有人吃不消了,因为猴子还要吃香蕉,还需要花费,于是纷纷把猴子放回了山上,最终山上又是到处猴子了。

这就是传说中的股市!

----------English version

Once a man appeared in a village and announced that he wanted to monkeys for $100 each. The villagers, realizing that there was no dearth of monkeys in the nearby forest, went out and started catching them. The man bought thousands of monkeys at $100. As supply started to fall down, the villagers stopped catching more monkeys.

Now the man further announced that he would now buy monkeys at $200 each. This renewed the efforts of the villagers and they started catching monkeys again. As the supply diminished even further, people once again stopped catching monkeys and started going back to their farms.

The man further increased the rate to $250. Soon the supply of monkeys became so little that it was quite an effort to even get a glimpse of a monkey, let alone catch it!

The man now announced that he would buy monkeys at $500. However, since he had to go to the city on some business, his assistant would now buy on behalf of him.

In the absence of the man, the assistant said to the villagers: “Look at all these monkeys in the big cage that the man has collected. I will sell them to you at $350 each and when the man returns from the city, you can sell them to him for $500.”

The villagers squeezed up with all their savings and bought all the monkeys. But they never ever saw the man or his assistant again in the village; only monkeys everywhere!

Happy reading!


zenbeginner
203 posts

Posted by zenbeginner > Mar 11, 2019 11:04 PM | Report Abuse

polycarp Once upon a time there was a peasant 
called Ah Bee who overheard ppl talking 
about a cheap and unwanted property 
which faces a cemetery and has its back 
next to the sea. Ah Bee took a chance 
and bot it. Today it has the most popular 
hotel and supermarket built on it.

11/03/2019 19:40


And how this story relates to sumatec?


derrickinvestor
7621 posts

Posted by derrickinvestor > Mar 11, 2019 11:33 PM | Report Abuse

Zenbeginner hahaha... grandmother story i guess


Ron90
1732 posts

Posted by Ron90 > Mar 12, 2019 8:03 AM | Report Abuse

roblem with this company, 2 cooks still inside, Halim S and Abu Tallib.

This is what i I heard la..

- Halim wanted to sell his MELL for $1.5 B , while Talib wants to sell his Borneo En for $1.2 B as well to Sumatec shareholders !!..
sudahla hutang tak mahu bayar from MELL $178m, Borneo Eng ambil deposit $96m, to cover up that money, sell MELL and Borneo Energy to Sumatec..brilliant idea !.hehe

- on top of that CoG (Halim company) already take sUMATEC money more than $400m !!.. , talib pula take 98m for borneo

so, in total, Halim and Abu Talib already used money from Sumatec for the tune of $600m ..phew.

If you take out Halim and Abu Talib from Sumatec.. this company immediately in great shape, debt only $35m...its only a fraction from total debt to Directors companies. Sumatec will not go after MELL and Cog and Borneo , coz its like killing themselves la.


cashflow
2281 posts

Posted by cashflow > Mar 12, 2019 9:26 AM | Report Abuse

TSH during media interview last year JUNE;

"I have been pumping my money into Sumatec and will continue to do so for as much as I can afford. I believe in the good prospects of this company," said Halim, who currently owns 13 per cent of Sumatec.

Pump my ###


azm8881
45 posts

Posted by azm8881 > Mar 12, 2019 10:40 AM | Report Abuse

With 10m+ one can takeover the company. Setaside for debt/liabilities, still there is much can be pursued from the 600m owned by sumatec!!


deMusangking
4642 posts

Posted by deMusangking > Mar 12, 2019 10:58 AM | Report Abuse

diamlah!!! jangn bising!


Ron90
1732 posts

Posted by Ron90 > Mar 12, 2019 11:39 AM | Report Abuse

Going forward:

- No hostile takeover in sight coz white knight will have difficulties to deal with this 2 cooks, Halim and Abu Talib companies. some more MELL and Borneo got no money to pay the debt to Sumatec.

- Its already written on the wall, high probability Halim and Abu Taib will purposely de-list Sumatec from Bursa as soon as possible, thats the only way to avoid paying debt to sumatec and reporting to shareholders.

- that also to avoid getting wind-up notice from lender openly. This one Halim and Abu Talib will avoid at any cost. Can be seen from their action lately, purposely not collaborate with all auditors, hiding revenue (2 QR !!), hid everything from bursa.

- so..by now, Halem already sold mayb all his shares in sumatec, Abu Talb has none, coz olreday got $98M..huhu.

..buy or sell at your own discretion.

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