Institutional Funds buying ahead of exiting PN17 - news in theEdgeMalaysia quoting SJ Securities Spokesperson !

Looks like all going well as per their schedule and w/o PP for now looks fine too for now as "they have a big block of concession, only north side is explored. South side is still not developped. They will do another reserves review early next year". So better not to have too much you can chew on for now else it can cause "STOMACH" to upset !

Kekeke !

(1) 2,000 barrels of oil per day SUMATEC Price RM0.56

(2) 4,000 barrels of oil per day SUMA Price berapa ?

(3) (2) plus extra certified oil plus Gas Revenue SUMA Price = ?

NET PRESENT Value of Future Suma Price upon Full Production Profits as Schedule !

Please help do the MATHS !

For now Sumatec's price is only going one way and that's "UP" at least until the AGM where more lights will be shed regarding it's "PRODUCTION " and if it's on schedule , the anticipated PRICE would then be like what Chris Dalton first brief the interviewer based on a Fair Value PE of 20 - 25 range RM0.50++ soon ! Take note of this KEY WORD : "PRICE in ANTICIPATION" ! If don't buy now, opportunity COST bcos now, every other counter also want in on O&G bizness ! Take for example the latest announcement by HABISCUS that they now only acquire one "PRODUCTION ASSET", ! Question to ask is, Why now ? Earlier acqusitions all are NOT SURE and RISKY !!!! SONA also PAID expensively to acquire a non controlling 40% stake in a Production Field ! But what SUMATEC's venture to date has been, carried only "LITTLE RISK" ! What more than do Investors want at this small PRICE with GOOD POTENTIAL ? Upside to this little GEM. Buy before Research Houses starts covering it as no more BARGAIN after PN17 lifted !

End of Winter (Down trend) and now is SPRING time ( Uptrend Mode) and when it gets to SUMMER, what's Sumatec Price going to be Guys ?
Hooray, hooray, it's going to get hot and hotter still aka the Malaysian Weather Board already forecasted, it's the Hote Spell, El Nino Effects ! Kekeke !

Sektrum Kukuh Sdn Bhd !

Hooray !

Hope it can follow the FOOTSTEP of DBHD !

Ok,

Thanks Mr. hhakim, You are most helpful !

Mr.hhakim,

Quote :

"From Jan until now Sumatec no development, they've been upgrading facilities, road etc, rigging up...not much going on. Now, all is ready, workover operations has started, things will get exciting maahhh."

May I ask if 1st Quarter 2014 will report profit or not ? Now it's entering 2nd Quarter 2014 already and it seems only work is just about to start in 3 weeks on extracting OIL from the workovers !

Is Sumatec on schedule to exit PN17 after 2nd Quarter 2014 then ?

Questions and more question marks after this latest annoucement !

Adio, Pening Kepala Aku, yak.................. !

Unpolished Gem starting to shine ! Hooray ! Will it goes limit today ?

Previously read that the J/V is worth Billions of Ringgit and KNM got the larger share in this J/V !

Tought previously J/V with Dialog on RAPID. Is it still on ?

Looks like a good stock to invest ?

Oh my God, Titanic ! Where's the CAPTAIN ?

http://klse.i3investor.com/blogs/kenangaresearch/48543.jsp

Trap, sure is a trap, YK ! While U're told to hold on to the horses but the BIG BOSS are slowly distributing (SHORTING lah in other words) and depressing the price to collect cheaper and cheaper ! This is exactly d scenario so far as Sharks are always using this WORD, "TUNGGUUUUU" by giving Small Investors false hope and it's when the ship is on the verge of sinking only U baru SEDAR DIRI !

Kekekeke !

Whatever d news out for this counter, the price will still be about this with downside bias !

Many may take the coming EGM as another non event but with anger vent !

Guess many will be there to give mgnt a "North,East,South,West,Top and Bottom up boxing PUNCHES and finishing them with an Upper Cut" for non transparency and suppressing upward price movements !

He...he...he.... at least somebody doing research already !

Chris Dalton said sometime ago that the FAIR VALUE of Sumatec when achieving 2,000bpd should be around RM0.45 ! Go do your research dudes ! What a lot of hype on Impossible Price Target with the existing make known news flow ! MIMPI............ Dream On....... He...he....he.... !

Steelheart, MANIPULATION is legal here at BURSA MALAYSIA lah like Dragon cakap, "MALAYSIA MEMANG BOLEH" !

Pelik, kenapa ada Mgmt takut saham dia sendiri naik pulak ?

Since all are at least medium, long and perpetual term investors, so suspend longer until it gets out of PN17 then baru buka balik apa macam ?

Kalau it's for the PP's shake, then no need lah ikan bilis investors, baik selesai this PP issue under suspension first lah !

Ke...ke...ke... !

Any comment dudes ?

Quote : Y K John,

so how????


everyday like that.....up down

better suspend.one month first....


when
where
how
the PP....

==================================================================
Good one YK, Sumatec mgmt should ask BURSA to suspend the counter for one month and than see how the PLAY then ...........Ke...ke...ke... !

Betul....betul....cakap...San Hero.... one word only..... MIMPI ... kalau it can moves 1.5 to 2 cts and stay on ! It is very obvious that the Controller of this Play tak mahu orang Main saham dia orang ! Dia orang jual high 1 sen dan beli balik 1/2 sen and below macam Noraini play itu macam tiap tiap hari lah. So Ikan Bilis tausa main saham ini as U will never win punya ! Sebelum any gd news semua predict cam confidence aje price will naik lah tapi PRESS down pulak ! One word, now this WORD is called "MANIPULATION" ! Harap SC or authority look into it seriously ! It's never a fair Game here, against FREE and JUST MARKET Bylaws !

He...He...He...
Sure having plenty of Fun ....
Putting in Gd $$$ to see this type of Fun show.......

It must be Very Risky Biznes down there in Kazak as close by Russia's attacking Ukraine soon and who knows if Kazak may be next ?

If it's not"Blue Ocean" selling, then it must be "SHORTIST", who else ?

NTA -RM0.69, Share price around RM0.325 : Now, NTA +RM0.79, Share price also around RM0.325 ? Jadi what kind of news will make Sumatec's share price move to another level ? Takkan Mgmt naik suppress Sumat's Share price from moving up, right ? So much Sellers takkan belong to mgmt punya kan ? If Mgmt and Friendly Parties and Cornerstones Investors (if any) are said to hold more than 60%, then who are selling ? It will be silly and make no bizness sense if mgmt do not want Suma's price to move up ! Like it or not, it's a free market and Contra and Short term players add to the overall liquidity, volatility of vibrancy of Bursa Malaysia Stock Exchange and is not the reason to suppress price movements ! Better picing for Suma Shares exhibits confidence by both Players and Investors and good for Sumatec Company as a whole and can attract better pricing on Private Placements !

Haha dd128, This is their game at their turf, "BIG BOYS" versus "Ikan Billis" ! Contras is a BIG "NO, NO" unlesss your timings is spot on !
Even we investors also feeling frustrating when we read, Talk only but No show ! So when is Showtime ? Patrons sudah mahu "Angkat Kaki" loh if this drakes on !

No news on rig arrival and work-over on other wells after the last annoucement a month ago ! Tot management said will announce on wortk-overs fortnightly as reported, what happened ? Transparency is swaying a bit since !

It will be nice if Sumatec request for SUSPENSION at 3.00pm today ! Possible or not dudes ?

CALM BEFORE THE STORM ?

Whatever dudes, "KONGSI FATT CHOY" TO ALL Suma Loyalists !

@DS, just U look at SONA and CLIQ, what have they got ? Nothing just yet it at least moves within 10 sen !

This one "GOT OIL" and Production started, Price should start to move mah but "STAGANT and go astern somemore" !

Then like U said darn ANGRY when out of the sudden, this PP issue keluar !

I have just paid my T3 purchases in this Counter at average price of RM0.3125 and if PP is anything below RM0.28, I want them too, moratorium 1 to 2 years, not a problem to me !

Why with good news share prices still got people block to sell at RM0.305 to RM0.33 ? Dun these people have faith in the Company ?

If Private Placement is the issue, why dun they want the share price to go up higher so that they can collect bigger Sum as Capital for their Expansion ?

If they want a cheaper price, then that is not fair to the minority investors who have bought at higher prices. We will certaintly make a CASE by complaining to the Minorities Shareholders Watchdog for fairness ! If that's the case then it not worth investing in such a Company at all !

If the Placement Price is anything lower than RM0.28 then, I suggest the company be fair to all the investors by placing out these Placement shares to all the shareholders in proportion to their holdings !

Yesterday Star reporting said, "about 150 bpd" and today, "between 100 bpd and 150 bpd" and also why can't all paper report this very important statement,

Quote:
"It said the first well, under the re-entry and work-over programme, had been successfully completed rigless and brought on production."

So when workover-rig and coil tubing unit arrives and employed, we shall expect stronger output ?

Will Sumatec Compliance Public Officer please coordinates with the "Ground Team" by getting the "FACTS" right b4 issuing news to BURSA for release !

Yesterday reporting was Production already started on 25th January 2014
but today the "Ground Team" reported to the edge that the workover-rig and coil tubing will only arrive in February as per reported, go here to view : http://www.theedgemalaysia.com/business-news/272948-sumatec-begins-oil-production-in-kazakhstan.html

Now which is which ?

@strategist, Suma's web page on BOD must update lah to reflect the new Board. Evertime logged in ja, no update there so how to get more infor when seeking to pour in more to invest ?

@apekaffun, Big man comeback plus growth in strategic O&G biz is the attraction here bah !

@apekaffun,
Quote from Puan Sri's earlier posting, "Suma now toddler but will grow to adults later" !

Like the singapore movie version, now so popular, go watch and have a good laugh during Chinese New Year screening at the movies, the movie Title : "From Ah Boy to Men Series" !

From the linning up of TSHS's BOD, SUMA is definitely in for the long haul and looks certain to be growing into a bigger entity as per it's MISSION and Aspiration going forward. It's a big "YES" to invest in !

Thanks Looiks ! The Chaimanship shouldn't be a Miracle unless TSHS want to take a backsit which is very unlikely as it will give a bad image to investors on Sumatec's future prospects ! If TSHM is leading Sumatec then it will be GOOD to all parties ! Just the name itself carries weigtht in the O&G Coporate World ! Suma's share price will auto catapult to a higher notch ! It's our WISH to see this happen and a REAL "MIRACLE" !

@Looiks, is there a time frame (dateline) for the old Mgmnt (previous BOD) to sell out ? Thks !

ja & Hoo ! Hoohoohoo ! Will really really Huat soon ! Heeheehee !

Heehehe ! Banyak lu orang baru realised ka, sini banyak Anchovies untuk Sharks lah !

@Dragon, tot Puan Sri knows better as d longest in this thread ?

Quote : "...Suma patchy road not much..... Suma is facing internal tussle between old & new management only. If this "war" over... Suma's train oredi moving.. "

How is this possible ?
Is TSHS not in control of SUMATEC after the restructuring exercise ? How can this so called "OLD MANAGEMENT" still have say in the after restructured "NEW SUMATEC" ? Certaintly, TSHS must have given the out going management a "TIME FRAME" to do whatever need to be done in the first place ,not NOW ! Else this is bad FORESIGHT !

Whose the BOSS in this restructured Sumatec now ?

Maybe Rig kena Hijack by Kazak Mafia ! Hahaha ! Never reach destination as per schedule ? Not so "ON SCHEDULE" after all !

http://sumatec.irplc.com/medianews.htm?filepath=SUMATEC/Press release SUMATEC-Mobilisation Of The Workover Drilling Rig In Progress-31122013.pdf

Is the above on schedule, still ?

So, the next press statement should be released anytime soon, right ?

Now Blue Ocean Premier Sdn Bhd is dumping SUMA shares !

Apa sudah jadi peeps ?

Looks like the road conditions is slippery for now, still too many obstackles in this so near yet too far approach to higher pricing for Sumatec counter ! Until d "FREEWAY" is reach, smooth sailing for Suma will be at this snail pace ! Unlike XDL counter which came later in the same type of exercise like SUMA is now a more 'CREDIBLE' performer than SUMA with CMY leading the way ? So is CMY not leading SUMA yet ? XDL after Rights n Free Warrants listing day todate has seen prices moves from a low of 31 sen to 63 sen today in less than 3 weeks ! So what is holding up SUMA's performance with the likes of CMY n Jeebies Bro in it ? It's taken far too long from the day the rights and warrants are listed and investors are really loosing interest going forward !

@HangMiskin
Talk about Mafia in Kazakshtan,
Apa nak takut ?
Taiko punya ada kat situ, lagi kuat !
Hehehe !

Quote :
In a column on August 4, Kompas described Rosmah’s ties with soon-to-be in-law Maira Nazarbayev as close although it provided no evidence to support its claims and added, “Maira Nazarbayev, who lives a lifestyle a la Imelda Marcos, supposedly has links to the Russian mafia”.
Maira is the former wife of Kazakhstan President Nursultan Abishuly Nazarbayev’s brother, Bolat Nazarbayev. Nooryana Najwa, the 22-year-old daughter of Rosmah and Najib, was recently betrothed to Maira’s son, Daniyar, who was her college sweetheart.

https://forum.lowyat.net/topic/1923409/all

http://pinkturtle2.wordpress.com/2011/06/18/gambar-bakal-menantu-najib-daniyar-nazarbayev/

http://www.freemalaysiatoday.com/category/nation/2012/06/12/najibs-future-son-in-law-a-conman/

http://thestar.com.my/news/story.asp?file=...8657&sec=nation

http://my.news.yahoo.com/khairy-defends-na...-025417911.html

OMG ! Even the Bornoil Snail have overtaken Sumatram ! Kecewa sikit ni !

Halim better be fast with acquisition of more Mature and Proven Oil Fields as Sona and Cliq also reported sudah change course to follow in Halim's footsteps after Hibiscus Venture makes them to shy away from Green Fields Exploration ! Refer here : http://www.theedgemalaysia.com/business-news/269701-analysis-hibiscus-setback-highlights-risks-of-oag-spacs.html

Percentage of Free float shares in Sumatec is getting lesser and lesser now. Looks to me like C&W is providing the liquidity needed for the share price's movement.

Aiyah why so difficult it to move upward leh ?

Maintenance team, Play lah seperti peribahasa : "Sehari sedikit naik (half sen to 1 sen sudah lah), lama2 pun akan Jadi Bukit loh (by June sudah reach TARGET)" ! Otherwise whatever good news will come to nought !

Operator very clever, dun want it limit up in the 1st Session maybe want a higher price next session and if limit up then better price lo or he may want to hold up for even higher pricing come 2014 !

What about other potential limit up Property Counters with High NTAB ?

PJDEV ?
FACBIN ?
EUPE ?