Highlights
KLSE: SUMATEC (1201)       SUMATEC RESOURCES BHD MAIN : Energy
Last Price Today's Change   Day's Range   Trading Volume
0.015   0.00 (0.00%)  0.015 - 0.02  1,660,500
Analyze this stock with MQ Trader system

Overview

Market Cap: 64 Million
NOSH: 4,253 Million
Avg Volume (4 weeks):9,925,347
4 Weeks Range:0.015 - 0.03
4 Weeks Price Volatility (%):
0.00%
52 Weeks Range:0.015 - 0.13
52 Weeks Price Volatility (%):
0.00%
Average Price Target:-
Stamp duty exempted for year 2018

Financial Highlight

Latest Quarter | Ann. Date 30-Sep-2018 [#3]  |  30-Nov-2018
Next QR | Est. Ann. Date: 31-Dec-2018  |  28-Feb-2019
T4Q P/E | EY: -0.95  |  -105.75%
T4Q DY | Payout %: 0.00%  |  - %
T4Q NAPS | P/NAPS: 0.103  |  0.15
T4Q NP Margin | ROE: -340.09%  |  -15.40%

Headlines

Date Subject
22-Nov-2018 Mplus Market Pulse - 22 Nov 2018
26-Sep-2018 PublicInvest Research Headlines - 26 Sept 2018
13-Jun-2018 Mplus Market Pulse - 13 Jun 2018
25-Apr-2018 Mplus Market Pulse - 25 Apr 2018
09-Apr-2018 摆脱PN17 ‧ 马联保险拟进军俄油气
02-Apr-2018 PublicInvest Research Headlines - 2 Apr 2018
02-Apr-2018 Mplus Market Pulse - 02 Apr 2018
22-Mar-2018 PublicInvest Research Headlines - 22 Mar 2018
22-Mar-2018 Mplus Market Pulse - 22 Mar 2018
23-Jan-2018 PublicInvest Research Headlines - 23 Jan 2018
23-Jan-2018 Mplus Market Pulse - 23 Jan 2018
12-Jan-2018 IT IS ABOVE EXPECTATION AND AGAIN TO REMIND YOU NOT TO MISS SUMATEC
11-Jan-2018 PublicInvest Research Headlines - 11 Jan 2018
08-Jan-2018 TOP PICK OF THE YEAR: SUMATEC IS ONLY LAGGARD O&G STOCK and YOU WILL REGRET TO MISS IT!

Business Background

Sumatec Resources Bhd is an investment holding company and is engaged in upstream oil and gas operation. The company focuses on acquiring and developing new and underperforming oil and gas fields. It has also interests in the rakushechnoye field in Kazakhstan.
Trade this stock and receive a FREE I3investor T-shirt after 5 trades. Find out more.

  138 people like this.
 
bonds56 Bought 1.5 cents
11/12/2018 09:31
cashflow Sumatec holding its ground. Believe HS bought those big lots at 1.5cents after panic sellers sold. Have strong feeling it will rebound above 2cents, fingers crossed
11/12/2018 10:33
polycarp https://m.youtube.com/watch?v=5eBBdBEbbXQ&feature=youtu.be
11/12/2018 12:29
kenie 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.
11/12/2018 16:02
kenie 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
11/12/2018 16:08
kenie SUMATEC - NEW ADMISSION INTO PN17
FINANCIAL CONDITION
Kindly refer to the company's First Announcement pursuant to Practice Note 17 dated 30 April 2018.
11/12/2018 16:08
kenie SUMATEC halim saad Disposed 66,000,000 ( 474,178,800 shares 11.1500 %)
halim saad selling....want ...
11/12/2018 16:08
mr yong 一起做過的蠢事情
https://www.youtube.com/watch?v=JkDltHER9rc
11/12/2018 16:38
derrickinvestor why keep on posting olds news... to create panic among investors?
11/12/2018 17:42
moneypedia aiyoo kidai kopi sula bukak, kopi o kaw kulang manis siatu kalu
11/12/2018 20:46
Crasd123 Ini pukimak counter, i sdh jual, beli Nestle
11/12/2018 22:16
apolloang u got 1 mil shares then can buy 1000 nestle.....u sendiri consolidation ar? if u bought sumatec 10cts one,nestle must up to rm1000 only u can make back lo.....hahaha
11/12/2018 22:26
5354_ HS disposed 25 million shares. Why ah?
http://www.bursamalaysia.com/market/listed-companies/company-announcements/6003685
12/12/2018 13:18
5354_ 1.5 sen HS even sold.
12/12/2018 13:20
Alex™ Haha... One day I will be correct!
12/12/2018 13:52
armadatuah2017 Pn17 company. What to expect. 25 mil shares only worth less than 500K. Only can pay for his kitchen renov
12/12/2018 15:26
Darth If at all this company close down.
It's about how HS manipulated using MELL and con stories.
Dispose 25mill @ 0.015 when Khazakstan has a golden reserve?
Aiyayooo. Apa pasal desprate Mau jual?
12/12/2018 16:24
Darth Saya agak-agak ini HS sulah ada main belakang loh.
Apa pasal Mau jual 0.015?
Tunggu MACC punya reports.
Kasi tengok Losmak ada pakai HS (sama-sama pakai) kasi wang keluar?
12/12/2018 16:30
Darth The irony of the situation.
When HS disposed 25mill shares @ 0.015,
Who bought and pushed the price up to 0.02?
12/12/2018 16:34
MamakKutty HS running, bo chao si arhhh, can run 1 sen save 1 sen...
12/12/2018 16:34
Darth Got oil korek or not?
5 bulan ada lagi.
Itu Bulsa punya olang can always come forward to clarify.
If no Oil than most likely close shop Loh!
12/12/2018 16:38
MamakKutty drill pig got oil and gas, kan
12/12/2018 16:40
Darth Guys. If got news that these idiots actually have a contract with Khazakstan digging oil than please share.
If No than everyone from HS to SC are all at cahoots slowly shutting down Sumatec!
12/12/2018 16:42
pkmdirector Sumatec never die! Korek minyak after tomorrow! Sumatec HIDUP! Investor HIDUP!
12/12/2018 17:45
pkmdirector Wow! Halim dispose share again! Who bought it?
12/12/2018 19:29
pkmdirector New boss?
12/12/2018 19:30
Alex™ See? Told u d... Confirm rock solid! Be greedy when people fear~
12/12/2018 19:37
cashflow HS no bullets. Let young and caliber investor lead the company
12/12/2018 21:36
moneykjtwin hahahahahahahahahahaa!!!
itu monyet, draganslayer punya 2 biji bola telah tenggelam!!!!
12/12/2018 22:21
AiOne Corner Aiyoo.. Tan seli juay lagi ka .. apa pasaitt..
12/12/2018 22:48
moneypedia dragonball yangan mayin2 aaaa..ilu aku simpan pinya itu di planet namek ata lesing siatu kali nnti...
12/12/2018 22:54
moneypedia sini kidai kopi sula yuai kopi jembut ala kaaa
12/12/2018 22:55
pkmdirector If not a new boss, then who going to queue to buy so many share in open market? He/her buy half in the open market and half with exchange hand from major.
13/12/2018 11:05
pkmdirector Maybe quantity was not yet to meet his/her mission.
13/12/2018 11:06
KP8888KP apa ni?? jual sikit sikit, sikit sikit jual, nak jual tu biar jual banyak sikit !! Haiya...
13/12/2018 11:24
polycarp https://m.youtube.com/watch?feature=youtu.be&v=2h5puR8Z_5k
14/12/2018 16:08
Alex™ What trade war? Here 1.5sen rock solid confirm
14/12/2018 19:45
Alex™ Itu halim siapa?
14/12/2018 19:46
richkid Yes. Bought some at 1.5 sen. Anyway its just gambling. I know. Just come in to give my support to the old timers here. It is like pouring water into the desert sand but what the heck. We are just in for fun and weekend pocket money. haha. Its all time low already. Unless de-listed, it might be a chance to recovery from this point.
14/12/2018 20:43
Darth_ Don't dream got new buyer. 4 sen when HS disposed earlier also said new buyer where are they now? Better dispose 1.5 sen later 0.5 sen also cannot get when delisted.
15/12/2018 12:36
ANYU
If at all Sumatec close shop in 5 months time. This has to go down in Bursa Malaysia's history on how a counter can be manipulated for one's or a few associated for own benefits swindling the rest.
https://youtu.be/Zbot3gF5MQA
15/12/2018 12:36
Darth_ In short no hope before close shop.
15/12/2018 12:39
moneypedia kopi o kurang manis satu...
15/12/2018 12:54
anti_gambler Alex play poker kah? When 2.5 or 3 sen also said rock solid.
15/12/2018 13:01
anti_gambler richkid or poor is true? What happen to Wintoni?
15/12/2018 13:03
deMusangking what he meant is he has hit his head against the solid rock!
15/12/2018 15:41
anti_gambler If like that head boleh pecah lo.
15/12/2018 16:11
Buy1sell2 Well said. Both sides. Its a gamble. Lets see who win and who lose. Bear or Bulls...Come on 1.5 sen support can break??? If break then no hope. Ready to close shop.
15/12/2018 18:14
newbie4444 MLM SumatecWay can make profit?
15/12/2018 18:27
moneypedia kecoh betui dragonfruit MLM la apara....
15/12/2018 20:32


 

291  383  448  780 

ActiveGainersLosers
Top 10 Active Counters
 NameLastChange 
 PWORTH 0.055+0.005 
 ARMADA 0.175-0.005 
 VC 0.085-0.01 
 HUBLINE 0.040.00 
 HSI-H4O 0.335+0.07 
 SANICHI 0.080.00 
 TIGER 0.08-0.005 
 DBE 0.030.00 
 PERMAJU 0.355-0.03 
 MYEG 0.91-0.015 
Partners & Brokers