depreciation of currency will lead to more export , as it will be cheaper for importer to import oil

i guess blue ocean keeps on disposing its holding of this shares

any good news?

this stock still can enter? raise a lot already today

what is meant by QA?

actually got what news about SONA? anyone mind share with me?

THHEAVY was RAMUNIA

resistance 32.5 cent

HAPPY CHINESE NEW YEAR !!!!!!!!!!

make all contra kaki mati first before going up

haha, not confident then sell off la.

after this private placement, NA will change from negative RM 0.64 to positive RM 0.15

the going to raise RM 84 million as working capital for oil field in Khazasthan.

The holder of these private placement shares has no voting right, no dividend

everyone, please don't be misleaded.

RM0.14 is the par value not issue price for private placement.

the issue price will be around RM 0.275-RM0.305 (WAMP price for 5 previous trading days)

Sumatec wishes to clarify the following :-

Rakushechnoye Oil Field is the same as Shelly Oil Field. Rakushechnoye Oil Field is the official name as registered in the subsurface user contract. “Shelly” is the simplified name to refer to the field.

Rakushechnoye Oil Field, also known as Shelly Oil Field, has officially commenced production on 25th January 2014.

The Company received confirmation from our field operations team on Sunday, 26th January 2014 that oil production from well 122 was commenced successfully on 25th January 2014.

This announcement is dated 28 January 2014.

On behalf of the Board of Directors of Sumatec, M&A Securities Sdn Bhd wishes to announce that the Company proposes to implement a private placement of up to 308,596,000 new ordinary shares of RM0.14 each in Sumatec, representing ten percent (10%) of the total issued and paid-up share capital of the Company, to independent third party investor(s) to be identified (“Proposed Private Placement”).

Further details of the Proposed Private Placement is set out in the announcement attached herein.

This announcement is dated 28 January 2014.

ZHULIAN [S] 3.180 -0.12

good, can get cheaper price

http://www.btimes.com.my/Current_News/BTIMES/articles/20140126231924/Article/index_html

haha, buy more if cheaper

i still remember a bugger said SUMATEC produce BITUMEN, wonder what is his name already, such a big joke

Name BLUE OCEAN PREMIER SDN BHD

Disposed 07/01/2014 466,000 shares
Disposed 10/01/2014 40,000,000 shares

Disposal via open market

if feel not confident then just sell off la, or don't buy la...

no need to criticize here and there

enjoy all, is time to enter again

can see a lot of characters here, fear and greed.

whoever want to sell, u just sell....

still thinking of buying more with lower price

Details of Corporate Proposal : EMPLOYEES' SHARE OPTION SCHEME
No. of shares issued under this corporate proposal: 1,000,000 ,

sozai, ESOS 1 million shares only la

resistance RM 0.32

drop then buy more la

anyone know why this counter going up?

maybank system down liao, if u urgently wanna buy, use other broker . dont wait for Maybank to repair their server, will take whole day long

use public bank account la.....

Buy Volume ('00) 139,945
Buy 0.270
Sell 0.275
Sell Volume ('00) 29,750

anyone has any update on this stock?
anyone knows the reason it drops in Oct 2013?

Rakushechnoye field information
Oilfield Rakushechnoye is located in the Southwestern Part of Mangistau region of Kazakhstan.
110 km South from Aktau city and port, 60 km from the railway station Eraliyevo, 25 km from Kuryk – a perspective sea port on one of the main oil transport routs.

Exploration started in 1972 and in 1973 1st well was drilled, which gave a fountain outflow.
Depths:
– Jurassic 2700m (oil and gas accumulation)
– Triassic 4000m (gas condensate)
The Rakushechnoye oilfield is a part of the Caspian Basin of the Republic of Kazakhstan, which contains supra-salt oil.
During 1973-1987 years the whole area was explored with seismic survey and in the period of 1973-1987 46 exploration and production wells were drilled out. From the year 2004 recommencement of works, well re-entry, and a complex of research works were started. One new well has been already drilled.

MALTON [S] s 0.850

sold off very early at 92 cent d

closing 82 cents @@

careful a bit DJIA is dropping hundreds points

Last Done RM 1.58

dont buy 1st, next month got many bad things happen. next month will be big discount.

careful trading everyone !!

next few months market is going to be bad . is malaysia government problem, don't u all know that malaysia government is going to print new design of notes soon?

market crash liao, eveyhing will kena

sold off everything of LBS, with net loss RM6500

just careful, i cut loss, loss RM 6K for LSB

euscilyn september / october many things happen. US tappering bond buyying program, UMNO election, ringgit fall, export drop

euscilyn, the price will be low in september and october

careful LBS !!!!!!!!!!!!

FKLI future traded below 1700 for September contract

hard to rebound , haiz..... too much selling pressure