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Last Price Today's Change   Day's Range   Trading Volume
0.01   -0.005 (33.33%)  0.01 - 0.015  1,005,000
150,053 comment(s). Last comment by zenbeginner at Apr 19, 2019 3:58 PM
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DreamPredator
1001 posts

Posted by DreamPredator > Apr 8, 2019 4:57 AM | Report Abuse

Polycarp, LOL

Of course. I'm a connoiseur of chappati. I know just where to get the best.


king36
547 posts

Posted by king36 > Apr 8, 2019 5:04 AM | Report Abuse

Sumatec 0.60???????????????

3 weeks left. Any white knight?

Why nobody take action against the two crooks inside?


freddiehero
5725 posts

Posted by freddiehero > Apr 8, 2019 6:50 AM | Report Abuse

wan fly liao.. fly liao.. fly liao...


KAQ4468
10582 posts

Posted by KAQ4468 > Apr 8, 2019 12:00 PM | Report Abuse

baik propose ketum !!


dragonslayer
9208 posts

Posted by dragonslayer > Apr 8, 2019 12:05 PM | Report Abuse

Aiyo..lai lai lai...wa mau jadi referee lah...tapi..takda judi here lah...since everyone also waiting the ploposal...we teka teki...what type of ploposal will come out...aiyoyo...kikiki

lai lai lai...teka teki apa ploposal will be out by this moth..

1. takda ploposal tunggu suspension
2. tan seli get white knight with big title one..issue saham in reverse takeover sumatec
3. Petronas JV...buy tan seli 50% oil concession
4. cinaman or other company buy sumatec oil concession right portion
5. others

lai lai lai...siapa ada new ideas..can add lah...see mana tau..ada one of them correct leh


zenbeginner
100 posts

Posted by zenbeginner > Apr 8, 2019 12:13 PM | Report Abuse

Proposals
1. takda ploposal tunggu suspension - 99.89998 %probability
2. tan seli get white knight with big title one..issue saham in reverse takeover sumatec - 0.1% probability
3. Petronas JV...buy tan seli 50% oil concession - 0.00001% probability
4. cinaman or other company buy sumatec oil concession right portion - 0.00001%


KAQ4468
10582 posts

Posted by KAQ4468 > Apr 8, 2019 12:16 PM | Report Abuse

now must go with ochee / duri hitam @ D200

sekilo RM80

cilakak betui ...kulit aje dah RM150



kikikikik


ramjamdr
13 posts

Posted by ramjamdr > Apr 8, 2019 12:44 PM | Report Abuse

even oil usd100 also sumatec won go up because the bosses don't know how count to count


derrickinvestor
7606 posts

Posted by derrickinvestor > Apr 8, 2019 3:02 PM | Report Abuse

So dream u cut loss ka?


zenbeginner
100 posts

Posted by zenbeginner > Apr 8, 2019 4:05 PM | Report Abuse

Leoleo dipersilakan encik Hanssan, sumatec CEO teng teng teng.....

hahaha
08/04/2019 2:57 PM


Leoleo TP 2 RM
08/04/2019 2:57 PM


Leoleo, i really love your optimism, man....


Darth_
87 posts

Posted by Darth_ > Apr 9, 2019 2:35 AM | Report Abuse

Every day why so many q to sell at 1 sen? HS also want to sell more?


DreamGuardian
532 posts

Posted by DreamGuardian > Apr 9, 2019 6:15 AM | Report Abuse

Sold my last remaining lots of WA 6 sen, Ah Likk. In early 2015.


DreamGuardian
532 posts

Posted by DreamGuardian > Apr 9, 2019 6:28 AM | Report Abuse

But before that already sold one round at 16 to switch to NovaMSC that time I got at about 17.5

Something like that, IIRC.


DreamGuardian
532 posts

Posted by DreamGuardian > Apr 9, 2019 6:29 AM | Report Abuse

typo:

not WA, but WB.


Jaden
552 posts

Posted by Jaden > Apr 9, 2019 8:27 AM | Report Abuse

As I said.. bankrupt or kaya raya
Ikan bilis bancuh kopi sembang here can..hahaha


polycarp
458 posts

Posted by polycarp > Apr 9, 2019 10:25 AM | Report Abuse

Oil price up


polycarp
458 posts

Posted by polycarp > Apr 9, 2019 11:06 AM | Report Abuse

Jangan kasi malu ini Sumatec
and Halim Saad - Managing Director


zenbeginner
100 posts

Posted by zenbeginner > Apr 9, 2019 11:44 AM | Report Abuse

SumateXit Countdown 21 days to end April/Proposal


Sanatan
492 posts

Posted by Sanatan > Apr 9, 2019 2:48 PM | Report Abuse

What happens in 21 days ? Sumatec will close or ask for another extension ? Asking for extensions a trend here....


zenbeginner
100 posts

Posted by zenbeginner > Apr 9, 2019 3:48 PM | Report Abuse

with oil price so high, shd come up easily with a proposal anytime soon...haha...just use a standard template and fill in the prices...haha...


DreamSorcerer
630 posts

Posted by DreamSorcerer > Apr 10, 2019 5:12 AM | Report Abuse

yah gah


Leoleo
4775 posts

Posted by Leoleo > Apr 10, 2019 9:30 AM | Report Abuse

sumatec total share 4.253b , par value at 0.14

share price at 0.01 market cap is 42.5M

if reduce 10 cents from par value to 0.04. can get 425M ?


polycarp
458 posts

Posted by polycarp > Apr 10, 2019 10:01 AM | Report Abuse

Leoleo good morning!!
KNM overpriced. Sumatec under
priced


polycarp
458 posts

Posted by polycarp > Apr 10, 2019 11:12 AM | Report Abuse

373 million waiting to buy at 005.
BElum close. Still very active


polycarp
458 posts

Posted by polycarp > Apr 10, 2019 11:19 AM | Report Abuse

Pandai goyang kah Leoleo

https://m.youtube.com/watch?feature=youtu.be&v=cOLqMxfYREc


DreamMarauder
469 posts

Posted by DreamMarauder > Apr 10, 2019 7:51 PM | Report Abuse

yah gah


DreamMarauder
469 posts

Posted by DreamMarauder > Apr 10, 2019 8:17 PM | Report Abuse

This young chappati not available for arbitrary consumption. But the sound is pretty cool. It's even danceable. Try it some time.

https://youtu.be/5sw93QWbdhI


DreamMarauder
469 posts

Posted by DreamMarauder > Apr 10, 2019 8:59 PM | Report Abuse

Nabiya dan sultan madni mahi ye ...
Nabiya dan sultan madni mahi ye ...

Another nicely dancey piece. Don't worry about the garb. Just let yourself flow & float with the sound.

https://youtu.be/sIdsT7HvRVs


Buy1sell2
2278 posts

Posted by Buy1sell2 > Apr 11, 2019 7:34 AM | Report Abuse

Nothing much can do around here except to wait for oil price to shoot above US$100 per barrel.


Leoleo
4775 posts

Posted by Leoleo > Apr 11, 2019 9:06 AM | Report Abuse

by that time suma already delisted ?

Buy1sell2 Nothing much can do around here except to wait for oil price to shoot above US$100 per barrel.
11/04/2019 7:34 AM


Leoleo
4775 posts

Posted by Leoleo > Apr 11, 2019 9:31 AM | Report Abuse

1 cent sapu all


Ron90
1360 posts

Posted by Ron90 > Apr 11, 2019 9:36 AM | Report Abuse

wah..moving


polycarp
458 posts

Posted by polycarp > Apr 11, 2019 9:41 AM | Report Abuse

Leoleo time to buy more?


eatsmall
1001 posts

Posted by eatsmall > Apr 11, 2019 9:42 AM | Report Abuse

BossKu sudah mari..


KAI951028
6 posts

Posted by KAI951028 > Apr 11, 2019 9:43 AM | Report Abuse

faster buy more before too late


Waikam83
25 posts

Posted by Waikam83 > Apr 11, 2019 9:49 AM | Report Abuse

apa terjadi


nckcm
1540 posts

Posted by nckcm > Apr 11, 2019 9:49 AM | Report Abuse

Waaa goreng time even dead counter come back to life ahaha


Leoleo
4775 posts

Posted by Leoleo > Apr 11, 2019 9:50 AM | Report Abuse

up to you...u should have loaded it at 1 cent....

polycarp Leoleo time to buy more?
11/04/2019 9:41 AM


kenie
301 posts

Posted by kenie > Apr 11, 2019 9:50 AM | Report Abuse

Sumatec lodges police report against former director
KAZAKHSTAN / 22 NOV 2018
PETALING JAYA: Sumatec Resources Bhd has lodged a police report against one of its former directors for possible breach of trust and committing offences under the Company Act 2016 by conducting certain transactions without the approval of the board of directors .
The group told the stock exchange that Independent Director and Chairman of the Audit Committee of the Board, Datuk Khalid Ahmad had on November 20 lodged the report with the Commercial Crime Department.
The decision to lodge the police report was made in accordance with the advice and order of the Board of Directors with the recommendation from the managing director to safeguard the interests of the company, the shareholders, other stakeholders and the public.
The director who was a board member of the company from 2003 to 2017 was also a director and shareholder of Tekad Mulia Sdn Bhd during the period in which the alleged act being committed.
“The director, in acting without board authority, was acting in conflict of interest in relation to the transactions involving the divestment of Semua International Sdn Bhd (SISB) and Collateralized Loan Obligation (CLO) Debt settlement (since he was also a Director and shareholder of Tekad Mulia Sdn Bhd), a substantial shareholder of the Company during the period in which the alleged act being committed. The Director has made certain undertaking to the Purchaser and Trustee, Malaysian Trustee Bhd and Bondholders in the Settlement Agreement 2013,” said Sumatec board of directors in the filing.
Checks with Companies Commission of Malaysia (SSM’s) records list former director Chan Yok Peng as a director and shareholder in Tekad Mulia.
The former director also allegedly placed the company’s seal on an agreement without the resolution of the board for a settlement agreement for a CLO Debt for the company’s previous subsidiary SISB. This resulted in Sumatec acknowledging the undertaking to settle around RM80 million, even though the liability has been waived.
He was also found to have been allegedly negligent in handling his duties in relation to the financing of vessels under the Company’s subsidiaries, SISB and Semado Shipping Sdn Bhd, by failing to ensure the takeover of the Sumatec’s guarantees to Bank Pembangunan Malaysia Bhd and Malayan Banking Bhd to Hoe Leong Corp Ltd , a company incorporated and listed on the Singapore Stock Exchange.
As well as failed to procure the guarantee and to replace the company’s guarantee from the controlling shareholder of SISB, Hoe Leong Corporation Bhd as stipulated in the Settlement Agreement 2013 and the company’s Circular to Shareholders dated May 30 2013, which has caused the company to be summoned and face winding-up proceeding for liabilities estimated at about RM350 million.
The director had allegedly acted alone and without the permission of the board of directors in signing the Parental Company Guarantee Agreement” dated May 2, 2016 to the Continental Industrial Supply And Services Limited Liability Company Partnership (CISS.)
This was to secure the payment of the Kazakhstan based oil and gas company, CaspiOil Gas LLP (COG) contract, which resulted in the company paying for arbitration proceedings of about US$6 million.


kenie
301 posts

Posted by kenie > Apr 11, 2019 9:51 AM | Report Abuse

24 Jan 2019 HALIM BIN SAAD 197,298,800 units Disposed
23 Jan 2019 HALIM BIN SAAD 62,748,000 units Disposed
21 Dec 2018 HALIM BIN SAAD 54,390,000 units Disposed
12 Dec 2018 HALIM BIN SAAD Disposed 25,000,000
6 Aug 2018 SUMATEC HALIM BIN SAAD Disposed 66,000,000
29 Jan 2018 SUMATEC HALIM BIN SAAD Disposed 127,000,000
18 Apr 2017 SUMATEC HALIM BIN SAAD Disposed 14,200,000
18 Apr 2017 SUMATEC HALIM BIN SAAD Disposed 9,570,000
13 Apr 2017 SUMATEC HALIM BIN SAAD Disposed 6,076,200
12 Apr 2017 SUMATEC HALIM BIN SAAD Disposed 3,000,000
11 Apr 2017 SUMATEC HALIM BIN SAAD Disposed 25,500,000
7 Apr 2017 SUMATEC HALIM BIN SAAD Disposed 10,000,000
7 Apr 2017 SUMATEC HALIM BIN SAAD Disposed 22,500,000
9 Jan 2017 SUMATEC HALIM BIN SAAD Disposed 6,000,000
9 Jan 2017 SUMATEC HALIM BIN SAAD Disposed 8,000,000
6 Dec 2016 SUMATEC HALIM BIN SAAD Disposed 19,000,000
6 Dec 2016 SUMATEC CHAN YOK PENG Disposed 36,799,000
2 Dec 2016 SUMATEC HALIM BIN SAAD Disposed 77,731,000
20 Jul 2016 SUMATEC HALIM BIN SAAD Disposed 46,000,000


kenie
301 posts

Posted by kenie > Apr 11, 2019 9:51 AM | Report Abuse

Halim Saad ceases to be substantial shareholder in Sumatec
KUALA LUMPUR (Jan 24): Businessman Tan Sri Halim Saad has ceased to be a substantial shareholder of Sumatec Resources Bhd, after disposing of 197.3 million shares in the Practice Note 17 company for RM1.1 million.
Sumatec's filing with Bursa Malaysia today showed that Halim sold the block of shares via the open market on Jan 22. This leaves Halim with a 3.168% stake in the group following the disposal.
Halim, once Sumatec's largest shareholder, has been paring down his stake in the group since last year.
For the cumulative nine months ended Sept 30, 2018 (9MFY18), Sumatec posted a net loss of RM1.91 million compared with a net profit of RM1.88 million a year ago. Revenue fell 75.5% to RM2.99 million from RM12.19 million in 9MFY17.
On April 30, 2018, Sumatec announced that its external auditors Messrs Grant Thornton Malaysia had expressed a disclaimer of opinion on the group's audited financial statements for the financial year ended Dec 31, 2017 (FY17).
The auditors were unable to obtain sufficient appropriate audit evidence on the appropriateness of its going concern assumption.
Grant Thornton had highlighted that the group and the company had incurred a net loss of RM113.95 million and RM171.06 million respectively in FY17. The group and the company also recorded negative cash flows of RM15.33 million and RM9.86 million respectively on operating activities for FY17.


kenie
301 posts

Posted by kenie > Apr 11, 2019 9:53 AM | Report Abuse

24 Jan 2019 SUMATEC HALIM BIN SAAD Disposed 197,298,800 (134,742,000 shares 3.1680 %) halim saad selling....want ...


kenie
301 posts

Posted by kenie > Apr 11, 2019 9:55 AM | Report Abuse

sumatec ( PN17 )
cash flow 140 thousand , Debt 35.08 millions


azm8881
40 posts

Posted by azm8881 > Apr 11, 2019 9:57 AM | Report Abuse

Go go sumatec! All the way to 0.30!


Leoleo
4775 posts

Posted by Leoleo > Apr 11, 2019 10:03 AM | Report Abuse

buy1 sell 2 your TP still 20 ?


Ron90
1360 posts

Posted by Ron90 > Apr 11, 2019 10:08 AM | Report Abuse

waiting ...news should be ok


Jaden
552 posts

Posted by Jaden > Apr 11, 2019 10:09 AM | Report Abuse

Why today so many comments here.. ?


Jaden
552 posts

Posted by Jaden > Apr 11, 2019 10:12 AM | Report Abuse

kenie.. you better buy fast, miss the boat nangis


Leoleo
4775 posts

Posted by Leoleo > Apr 11, 2019 10:20 AM | Report Abuse

Hassan jadi CEO ke ?


zul
296 posts

Posted by zul > Apr 11, 2019 10:20 AM | Report Abuse

ya alah...Jaden boss besar halim sudah jual ,syarikat hutang lapuk lu lagi panggil orang beli mau orang lain mampus...PN17 sumatec semuatrap delisting nanti...

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