AirAsia Expedia, a joint venture (JV) between Nasdaq-listed Expedia Inc and AirAsia Bhd, has announced the resignation of Kathleen Tan as its chief executive officer (CEO). Tan will also step down from the company's board of directors.

Tan was appointed to present post in January 2013 and has served on the board since the formation of the JV in 2011.

"(Tan) was an integral part of the leadership team that helped propel AirAsia into success and I knew she would do the same for AirAsia Expedia. She did just that and more,” said AirAsia group CEO Tan Sri Tony Fernandes in a statement today.

He added that under her leadership, AirAsia Expedia has seen significant growth in both brand awareness and revenue.

“Her departure from AirAsia Expedia will be a big loss for the group, but on behalf of the AirAsia family, I would like to thank (Tan) for her tremendous contributions. We wish her continued success in her future endeavours," said Fernandes.

For those who want a GOOD "BUY" warrant, I suggest you buy this one which I think maybe a GOOD "BUY" next week !

ECOWLD-WA !

Good Luck !

Major Shareholders got the warrants for FREE !
They only want you to take it at RM0.50 and by playing up the mother shares high is to induce you to part your $$$ ! By the time you convert to Ordinary shares, the mother share would have drop to RM0.76 or thereabouts ! Now the major share holders are disposing their own converted shares at RM0-25 and playing up to dispose them to unsuspecting buyers !

Think GOOD "BUY" the warrants ?

May turn out to "GOODBYE" later !

Haha !

Easily over RM0.20 if not limit uppppppppppppppp !

izoklse
1813 posts Posted by izoklse > Feb 23, 2015 02:39 PM | Report Abuse

hahahah another IFCAMSC in the making. sky rocket.

=======================================================================

I like this !

Guess not many penny GEM left to shine !

Let's see if the PLAY can be like WINTONI style !

2014 4th Quarter FR to be out by end of this week !

Remember what the Executive Director said the last time ?

"He would want the counter to be that everyone one/investor would "JUMP" in to "BUY" the Counter" !

Hehe !

The Shares went up to a high of RM0-93 some months back on good anticipation of it's FR and subsequently went down but still gave out "BONUS WARRANTS" ! So, is it a Good Company ?

4th Quarter FY Report need to be out by 27th Frebruary, 2015 the latest ! What do you think ! Push Down to collect !!!!!

TekSeng Ordinary Shares latest NTA as at 3rd Quarter Year, 2014 is RM0.57 and Warrants Expiry on Year 2020 !

Some Big Hands behind for a BIG PUSH later !

TekSeng-wa volume transacted over this 4 Days : 174 Millions !

10/02/2015 ~ 26 Millions
11/02/2015 ~ 26 Millions
12/02/2015 ~ 29 Millions
13/02/2015 ~ 93 Millions

Free Warrants issued is only 120 Millions !!!

View Price Target Detail


Date Open Price Target Price Upside/Downside Price Call Source
10/02/2015 1.38 1.70 +0.32 (23.19%) BUY AMMB
29/01/2015 1.48 1.70 +0.22 (14.86%) BUY KENANGA
14/01/2015 1.43 1.56 +0.13 (9.09%) HOLD RHB-OSK
29/12/2014 1.49 1.90 +0.41 (27.52%) HOLD RHB-OSK
27/11/2014 1.76 2.19 +0.43 (24.43%) BUY MIDF
27/11/2014 1.76 1.95 +0.19 (10.80%) BUY MAYBANK
27/11/2014 1.76 1.78 +0.02 (1.14%) HOLD KENANGA
27/11/2014 1.76 1.80 +0.04 (2.27%) HOLD JF APEX
27/11/2014 1.76 1.80 +0.04 (2.27%) HOLD AMMB
27/11/2014 1.76 1.77 +0.01 (0.57%) HOLD ALLIANCE

@imoogi99,

Let's just say, if for any reason if the RPS wasn't redeemed, it can be listed as Preference Shares counter right under 3379PA ?

Like this can or not ?

Thanks to oregami and imoogi99 !

I haven't receive d Prospectus as yet !

@ imoogi99, U mean 1 warrant + 1 RPS can convert to 1 Mother Insas Share kar, anytime upon listing later ?

Then that wud be great wor !

Like that can buy lah !

Pleas correct me if wrong, tq imoogi99

Guys,

Please read CAREFULLY the Bursa annoucement on INSAS as below :

RENOUNCEABLE RIGHTS ISSUE OF UP TO 138,666,727 REDEEMABLE PREFERENCE SHARES OF RM0.01 EACH (“RPS”) IN INSAS BERHAD (“INSAS”) TOGETHER WITH UP TO 277,333,454 FREE DETACHABLE WARRANTS (“WARRANTS”) ON THE BASIS OF ONE (1) RPS TOGETHER WITH TWO (2) WARRANTS FOR EVERY FIVE (5) EXISTING ORDINARY SHARES OF RM1.00 EACH HELD IN INSAS, SUBSCRIBED AT 5.00 P.M. ON 27 JANUARY 2015 AT AN ISSUE PRICE OF RM1.00 PER RPS PAYABLE IN FULL UPON ACCEPTANCE (“RIGHTS ISSUE WITH WARRANTS”)


This Dato Thong banyak pandai, RM0.01 RPS dia jual sama shareholders at RM1.00! Wah ini better than REVENUES from Mountains of Deals lor, dia ingat shareholders are C2 PID investors arrh ?

RPS dia mahu redeem back berapa ? At PAR or at COST ? What is the interest on the RPS to be paid out to shareholders arrh per annum ?

Anyone care to enligten arrh ?

Petrol Price Drop, Bus Fare ada drop tak ? If Bus Fare takda drop then good lor for BUS Company !

As I sees it, 2015 is the YEAR of ICT, especially TECHNOLOGY STOCKS !

YUM SENG TO TECH STOCK YEAR !

Good, good, I just need this encouragement from patrick, "scare" and Warrent Buffet said to "BUY" when You are Scare !

Just Bought in 200K at RM0.225 and RM0.220 !

Standing by my artillery to Hood in when it drop further !

I am getting some Fund Out from PUNCAK to pump in this Counter to invest !

KRONOLOGI is not an OIL COUNTER, it really shouldn't perform like this ! It's in a GROWING SECTOR which should be a GOOD STOCK for INVESTMENT ! Short term and Contra Players should know their position !

I am PARKING to buy to "INVEST" and I repeat : "BUY TO INVEST" !
My target is a drop of 30% from IPO price !

Wish me LUCK !

Does it make any sense if anyone should by at RM0.29 to sell at lower and lower prices ?

If it's Contra Players (T+3's, T+8's and T+10's), it really doesn't tally. Almost everyday also got T+3's !

PDTs ? Shorting Maybe, if KRONO is under the list of Stocks Approved. Being new guess not also ! But PDTs are allow to Sell and Buy back later ( same day or overnite allowed ), anybody ?

In other words push down to collect !

Syndicate Operator "Bought and Dump" and "Bought and Dump" to force the Stock Price Down for what reason ?

Lu gi pikir lah sendiri sedang Bursa Surveillance/SC duk diam2 !

If this allows to goes on unchecked, siapa have confidence to invest lagi in Bursa ?

Kronologi Asia Bhd, an enterprise data management specialist, is scheduled to be listed in ACE Market of Bursa Malaysia on 15th December 2014.

The Initial Public Offering (IPO) consists of 59.2 million new ordinary shares at an IPO price of RM0.29 per share at RM0.10 par value. 47.4 million will be for private placement for selected investors, 4.74 million shares to the Malaysian public and remaining 7.1 million shares for eligible directors, employees and person who contributed to the success of the company.

The IPO will raise about RM17.182 million in proceeds. Out of this, RM6 million will used for business expansion, RM3.5 million for Rearch and Development, RM4.482 million for working capital & the remaining RM3.2 million is for listing expenses.
Kronologi Asia was established in 2002. The company provides electronic data management services (EDM) to enterprises, including large corporations and multinationals or small and medium enterprises (SMEs).

Multimedia Development Corporation (MDec) awarded the company a MSC status in May 2014.

EDM services can bed divided into two areas namely infrastructure technology and managed services. Managed services involve managing the backup, storage, recovery and restoration of enterprise data on a subscription model.

Infrastructure technology, on the other hand, refers to the provision of physical hardware, software and/or equipment components of EDM.

Some of the company existing clients include Public Bank Bhd ( Financial Dashboard), Bank of Singapore, StarHub Ltd (Financial Dashboard) and PTT Pcl.

Kronologi Asia is also the strategic marketing partner of US-based Quantum Corp Ltd in the Southeast Asian region.

Kronologi Asia already has a presence in the Southeast Asian region and hopes to expand into markets such as Vietnam, Sri Lanka and Myanmar by offering its infrastructure technology services.

More information regarding the company can be found in Kronologi Asia webpage.

For the time being, Kronologi Asia does not have any fixed dividend policy.

The table below is the financial summary for Kronologi Asia Bhd.

FYE 2011FYE 2012 FYE 2013 FPE June 2013 FPE June 2014
Revenue (RM’000) 32,778 35,795 42,170 20,974 8,941
Profit after Tax (RM’000) 5,468 4,302 5,564 3,149 3,410
Earnings per Share (sen)* 2.31 1.82 2.35 2.66** 2.88**
Price Earnings Ratio (x)* 12.57 15.98 12.35 10.91** 10.08**

* Based on number of shares post IPO
** Annualized

Bank Islam is the Principle Adviser, Sponsor, Sole Underwriter and Placement Agent of the IPO.

Got $$$$, KRONOLOGI is a "BIG BUY" and "INVEST" !

The Next Big Wave in Bursa by mid year 2015 !

Just my 2 cents Opinion !

KRONOLOGI ASIA BERHAD IPO.
Stock code stock name Krono.
RM0.29.
Opening of application27/11/2014
Closing of application04/12/2014
Balloting of applications08/12/2014
Allotment of IPO shares to successful applicants10/12/2014
Tentative listing date15/12/2014
INITIAL PUBLIC OFFERING IN CONJUNCTION WITH THE LISTING OF KRONOLOGI ASIA BERHAD (“KRONOLOGI” OR “COMPANY”) ON THE ACE MARKET OF BURSA MALAYSIA SECURITIES BERHAD COMPRISING PUBLIC ISSUE OF 59,247,000 NEW ORDINARY SHARES OF RM0.10 EACH (“SHARES”) IN THE FOLLOWING MANNER:-
• 4,739,500 NEW SHARES AVAILABLE FOR APPLICATION BY THE MALAYSIAN PUBLIC;
• 7,109,500 NEW SHARES AVAILABLE FOR APPLICATION BY THE ELIGIBLE DIRECTORS, EMPLOYEES AND PERSONS WHO HAVE CONTRIBUTED TO THE SUCCESS OF KRONOLOGI ASIA BERHAD GROUP; AND
• 47,398,000 NEW SHARES BY WAY OF PLACEMENT TO IDENTIFIED INVESTORS;
AT AN ISSUE PRICE OF RM0.29 PER SHARE, PAYABLE IN FULL UPON APPLICATION
========
KUALA LUMPUR, Nov 27 — Kronologi Asia Bhd aims to raise RM17.18 million from its initial public offering (IPO) on the ACE Market of Bursa Malaysia, with an expected listing date of December 15. The Singapore-based company, specialising in enterprise data management (EDM), is making a public issue of 59.25 million new ordinary shares with a par value of 10 sen each, at an issue price of 29 sen per share.
Kronologi Group chief executive officer Piti Pramotedham said 4.74 million shares are available for subscription by the Malaysian public, 7.11 million shares for directors, employees and individuals who had contributed to the group’s success, plus 47.40 million shares to be offered via public placement to identified investors.
“The proceeds from the IPO are earmarked for business expansion, research and development (R&D) expenditure, working capital and listing expenditure,” Pramotedham told reporters after launching the company’s prospectus today.
“As part of the group’s strategy, RM6.0 million of the proceeds will be used for expansion in existing and developing markets, RM3.5 million for R&D expenditure, RM4.48 million for working expenditure and RM3.2 million for listing expenses.”
Pramotedham said Kronologi plans to strengthen its markets in Singapore, Malaysia, the Philippines, Thailand and India, and sees potential in Vietnam, Myanmar and Sri Lanka.
“We are poised to tap the growing EDM market in Southeast Asia where the compound annual growth rate is forecast at 7.3 per cent and is expected to reach RM3.0 billion in 2016,” he said.
“The group has carved a profitable niche in providing EDM solutions and services by providing back-up, storage, recovery and restoration of data for business assurance and operational continuity.”
The group recorded profit after tax of RM5.56 million for the financial year ended December 31, 2013, with revenue of RM42.17 million, and for the first half of this year, posted a RM3.41 million profit on revenue of RM28.10 million.
Bank Islam Malaysia Bhd has been appointed as the group’s principal adviser, sponsor, sole underwriter and placement agent for the listing.
Bank Islam managing director Datuk Seri Zukri Samat, who was at the launch, said Kronologi is the fourth IPO advised by the bank and the first listing on the ACE Market.
“By choosing Malaysia to launch the IPO, it has provided Malaysian investors with an opportunity to invest and participate in a company geared towards sustained profits,” Zukri said. — Bernama
Malaymail online 27 November 2014

Social media, Cloud set to transform ICT sector further
Publish date: Wed, 24 Dec 01:01

--------------------------------------------------------------------------------
KUALA LUMPUR: Social media, the Cloud and big data will be the game-changing trends that will transform Malaysia's information and comunications technology (ICT) industry and spur further growth of the Internet of things next year, say industry players.

National ICT Association of Malaysia chairman Cheah Kok Hoong said Malaysia has started to tap the rapidly growing potential of Internet of things, which could be a new economy itself, covering business areas such as embedded device manufacturing, connectivity infrastructure and application deployments.

He said the trend would provide a new opportunity to position the country as the hub for regional Internet of things innovation projects in Southeast Asia.

However, businesses will be increasingly challenged by new factors on the back of business agility that comes with mobility, security, analytics and miniaturisation of devices and millennial generation aspirations, Cheah said.

"Adoption of Cloud solutions will also move from conceptual to the practical stage.

"As predicted by International Data Corp's global market intelligence, Malaysia's big data market is anticipated to hit not less than RM75 million, but many businesses have yet to consider big data as a big business and thus, it remains at a tactical level," he added.

Information technology (IT) spending posted significant growth as reflected in value-added services, which are expected to grow about 13.6 per cent this year to RM68 billion from RM59.8 billion last year.

Cheah said the overall ICT services sector was also projected to grow at 12.7 per cent to RM77.7 billion next year.

"We are entering an era where IT has become the central source of revenue for businesses." said CA Technologies South Asia vice-president Chua I Pin.

He said next year would see a shift in the way businesses structure themselves, looking for new engagement and revenue opportunities using connected devices, big data and analytics, and underpinning these new models would be a fundamental shift in the way software is developed and deployed.

"Software will continue to become the primary way that consumers interact with businesses, which would evolve dramatically next year as businesses become more competitive to reach out to their clients. We will see apps shifting from helping people make decisions to being able to predict what people need," Chua said.

Cheah added that with the need for more sophistication in the ICT industry, human capital remains the main challenge in the industry towards achieving high-income nation status. Bernama

This Stock should be a good growth stock by right, dun understand why BURSA Surveillance Team is tidur on the job and SC ada monitor tak these rotten Syndicate Operator rigging and manipulating the stock prices ! Cornerstone investors and Directors should have a lock-in period of at least 6 months to a year before they are allow to dispose of any shares, mind you !

Nowadays talking about the next lead Sector in BURSA, IT Counters that is into "Cloud Data Storage and Solution" bizness and this KRONOLOGI is one of them and why should Operator using this "DUMP PRESSING tactics" to depress the Stock Price in Kronologi goes their way ?

Where is the so called Stringent "BURSA SURVEILLANCE TEAM" ? Are they not doing anything as this is a clear case of "DUMP PRESSING TACTIC" ! This Syndicate/Operator style of play does not contribute any good to an "ORDERLY MARKET" health and behaviour but disrupting the Orderly Stock movement instead !

Put this Syndicate/Operator out, SC and Bursa Surveillance Team !

GOOD NEWS !

CHINESE NEW YEAR "ANG POW" COMING SOON !

Let's see if it can go up and stay above RM3.10 by this week and goes above RM3.80 by CHRISTMAS and above RM4.00 by NEW YEAR's DAY !

IT's SEASONS GREETING to all forumners ! Hohoho ! Heeheehee and YeeeeeHaaaaaaaaa !

=========================================================================

ORDINARY RESOLUTION 1

PROPOSED DISTRIBUTION OF A MINIMUM AMOUNT OF RM1.00 PER ORDINARY SHARE OF RM1.00 EACH IN THE ISSUED AND PAID-UP SHARE
CAPITAL OF THE COMPANY UP TO A MAXIMUM DISTRIBUTION OF RM534.3 MILLION ONLY VIA A SPECIAL CASH DIVIDEND PAYMENT TO THE
ENTITLED SHAREHOLDERS OF PNHB AT AN ENTITLEMENT DATE TO BE DETERMINED AND ANNOUNCED AT A LATER DATE BY THE BOARD OF
DIRECTORS OF THE COMPANY (“PROPOSED DISTRIBUTION”)

“THAT subject to the passing of Special Resolution 1 above and the completion of the Proposed Disposals, the Board of Directors of the Company be and is
hereby authorised to declare and to pay part of the cash consideration received from Air Selangor pursuant to the Proposed Disposals, after the completion
of the Proposed Disposals, a special cash dividend of a minimum amount of RM1.00 per ordinary share of RM1.00 each (excluding the treasury shares of the
Company) in the issued and paid-up share capital of the Company up to a maximum distribution amount of RM534.3 million only (“Special Dividend”) which shall
be paid out of the available retained profits account of the Company pursuant to Section 365 of the Companies Act, 1965, to the entitled shareholders of the
Company whose names appear in the Record of Depositors of the Company on an entitlement date to be determined and announced at a later date by the Board
of Directors of the Company AND THAT the actual amount to be distributed as Special Dividend and the date for the Special Dividend entitlement and the date
of the Special Dividend payment thereof to the entitled shareholders of the Company shall be fixed and announced by the Board of Directors of the Company at
a later date AND THAT the Board of Directors of the Company be and is hereby given full authority and shall have the sole discretion to determine and adjust
the final amount of the Special Dividend AND FURTHER THAT the Board of Directors of the Company be and is hereby empowered and authorised to take all
such steps and do all acts, deeds and things incidental to and/or as deemed necessary, expedient and/or appropriate, for and on behalf of the Company and in
the best interests of the Company to give full effect to implement and complete the Proposed Distribution.”
BY ORDER OF THE BOARD
Tan Bee Lian (MAICSA 7006285)
Lim Yew Heang (MAICSA 7007653)
Secretaries
Shah Alam
16 December 2014

No wonder PDTs been shorting this counters past few days !

May find new lows !

No LUCK for GENM as it fails to win NY Casino License !

"Empire Resorts Inc. (NYNY) was cleared to open a full-scale casino in the Catskills and Caesars Entertainment Corp. (CZR) and Genting Bhd. (GENM) were eliminated from contention as New York chose locations for three gambling resorts.

Both Caesars and Genting were seeking to build in Orange County, the closest spot available to New York City’s 8.4 million residents. The five-member Gaming Facility Location Board today eliminated all six bids from the county, citing the potential adverse affect on the Catskills project about 50 miles west. Governor Andrew Cuomo has made economic development in the faded Catskills region a priority."

No wonder those same few Foreign Bursa Malaysian Broking License Holders kept throwing !

No it won't as major Super Power consensus is USD 50 should stabilize as the bottom price !

Once Crude goes near this bottom price, Most Major Airlines and Heavy Oil Consuming Countries will start buying and hedging.

Buy those O&G Downstream Counters involves with FSPO !

Beautiful TA Chart !

Classical Double bottom and now trending up !

Nasdaq Up !

What do you think of this analysis :

http://donovan-ang.blogspot.sg/2014/11/ifcamsc-28-november-2014-friday-720am.html

It's economical warfare as a "WEAPON" against RUSSIA by the World's Greatest Economy to "CRIPPLE" the RUSSIAN Economy thereby hurting the OPEC nations as well ! These Darn Kweilow so call Super powers !

World Financial Markets will be in for a Meltdown !

Please comment on this : http://donovan-ang.blogspot.sg/2014/11/malaysia-klci-index-16-november-2014.html

Thank You !

If they ditched O&G, then they must have found something "BETTER" considering Perlaburan Mara's foresight (or izzit Insider Infor) ?

The play in Asiabiotech bears testimony to the might of this Perlaburan Mara Fund !

Asiabiotech also have stakes in Solartech !
(Another Green Energy Play)!

Mr. Silencer may have a HAND soon !

Now we wait for more PLCs to announce going into the Green Energy Bizness. TekSeng already into Solar Cells and Share Price catapults from thirty sometings to eighty somethings,, last is Fitters buying into a German Company also in the Green Enerfy Field. Insider knows what we don't but all clues are on Autos and Green Energy Sectors to be the Major Beneficiaries of the coming 2015 Budget to be tabled on 10/10/2014 ! Chartwise PDZ still on BULLISH PENDANT uptrend intact, Breakout SOON ! Easily target: Fifty Sen, my 2 sen !

Think deeper on this issue : When almost every not so doing well PLCs wanting to go into the O&G bizness, then it gets overcrowding !

Electric Cars, well them do not need Petrol at all !

PDZ into Electric Cars !

Rechargeable and Renewable Green Batteries (Solar Cells), Wow sounds Great !

Will GPA also churns out these Rechargeable and Renewable Green Batteries (Solar Cells) ?

Budget "SURE" got "GOOD, GOOD" Incentives and Rebates for Such Companies (AUTO and RENEWABLE GREEN Industries) !

hhakim,
Thank you for the insight but I will look into Sumatec again when I got clearer picture on it's development later. Chris has given a Fair Valuation upon reaching 2,000 barrels per day production of RM0.45 and my Broker has also given that figure too. IAs always was told to sell 3 bits below target price and leave some for others ! Than You very much !

I dun feel comfortable with Sumatec's plan to acquire the new Buzachi Fields. I rather wish that they concentrate on the Rakushechnoya Fields till good production achieved and stablised b4 any new acquisition. I noted distribution going on and have cleared most of my holdings at thia price. Thank you Sumatec anyway for the Play thus far.

Kalau tak silap guys, the contribution from the 1st acquisition of the Rakushechnoye Oil Field supposed to achieve 2000 barrels per day by end 2014 and with this Chris gave a fair valuation of RM0.45 and was reported in the earlier news in various media where he repeated that they should be able to increase production from just this Rakushechnoya Shelly Oil Field to 5,000-6,000 the following years and then 10,000 barrels per day from later years in just this Oil Field alone !

With the latest announced pending acquisition how come inclusive of Rakushechnoya Oil and Gas, only about 3,500 barrels per day in 3 years ????

Will Chris Dalton please explained !!!!

I am pissed off if he just keep quiet as I'm heavily invested !

Quote :

"Dalton said upon completion of the purchase of the two assets, Sumatec intended to ramp up production and in three years’ time he reckoned Sumatec, with all its other oil and gas assets, would be able to produce about 3,500 barrels of oil per day."

Like that Good or not ?

Or did he missed another ZERO at the back of figure 3,500 ?

http://www.thestar.com.my/Business/Business-News/2014/07/18/Sumatec-details-funding-for-new-Kazakh-assets-Half-the-amount-will-be-financed-through/

In it Dalton said : After the Completion of the takeover of the New Oil Field, hopefully all the assets of Sumatec inclusive of those from the Gas together will be able to produce 3,500 barrels of Oil in 3 YEARS TIME !

This is no good leh, so how now ?

W3 Resitant 0.52 but still not long enuf !

Guys go listen to this carefully and you may form a clearer opinion as to what to do now if unsure of what action to take and compare notes with the co-underwriters, Kenanga's technical view on the Resistant price and Chris's Fair Valuation upon achieving 2000 barrels per day by year ending 2014 !

16 Jul 2013 BFM Breakfast Grille: Caspian Ambition – Chris Dalton (CEO)

Wonder whether they have invited Templeton Fund Managers to the briefing 2morrow ? WThis Templeton Fund is very aggressive when they have identified a SMALL unpolished GEM. Remember the last time when I went for a briefing a counple of years back, KSL was just nowhere in any FUNDS radar and when I was there Mark Mobius of Templeton, after the briefing bought a 5% stake and have been reaping good returns till now !

Tomorrow's PRESS CONFERENCE briefing to Analysts, Journalists and Fund Managers is important to Sumatec's Share Price as these Analysts will start covering the Company and have lots of write-ups on Sumatec's Future Plans and Profits and help it become the INVESTORS "DARLING STOCK" in BURSA MALAYSIA going forward ! Kekeke !

If 2morrow briefing is expecting to be "GOOD", then expect 2day to close "Green" or at least unchange from Monday's last closing price with is RM0.405 ("Yellow") ! Else expect a "HEALTHY" short term correction or pull back b4 resuming it's uptrend journey !

Reminiscing the good old days when HWGB's Warrant overran it's mother share by a STREET ?! Hehehe, can it happen here in SUMA ? Possible, dudes ? In a SUPER BULL Run, guess it may happen again !

WB sudah mahu cornered soon !!!!!!!!!!!!!

Warrant's volumne are drying up fast after being mopped up by "Big Boys" and will be easily ramped up after being cornered !

Highlights / Stock Picks of the Day Sumatec Resources Bhd (SUMATEC) - Not Rated
Author: kiasutrader | Publish date: Wed, 25 Jun 09:49
________________________________________
SUMATEC’s share price was up 3.5 sen (+12.7%) yesterday after it announced a 14.5% increase in oil reserves in Khazhakstan. Trading volume spiked up yesterday, and the share price has now broken above all the short, mid and long term moving averages level. Hence, we believe that SUMATEC is likely to extend its uptrend move over the next few days. Indicators-wise, the MACD has just crossed over the signal line to confirm a buy signal, while the RSI and Stochastic indicators are also hooking upwards. Should buying interest persists, we believe that the share price could extend its rally towards RM0.45 (R2).

Source: Kenanga