https://www.bloomberg.com/gadfly/articles/2018-01-21/oil-s-rout-is-over-hail-the-return-of-100-crude-maybe

https://www.bloomberg.com/gadfly/articles/2018-01-21/oil-s-rout-is-over-hail-the-return-of-100-crude-maybe

nearly 4pm!!

just the market sentiment!! no worry!! once this remove it should readjusted immediately!!

go sumatec la!! haha!! the share price is re-adjusted for revenue is going to be adjusted!!

should more fund managers read the news and coming to buy!!

let market to adjust don't too panic and accidentally sold!!

this counter superb undervalued, really need re-evaluate the true value!!

It's superb undervalued if included gas revenue and profit instead of oil biz!!!

Today can be another 1 B shares traded!!!

When oil price good, it's always a good news for sumatec!!! Yahoo!!

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5671149

ya i bought at 0.060 already!! waiting it fly!!

oil price keeps surging as Saudi offer extend the production cut period!!

https://www.investing.com/news/commodities-news/us-crude-oil-prices-up-in-asia-on-saudi-remarks-us-shutdown-eyed-on-data-1131823

https://www.thestar.com.my/business/business-news/2018/01/22/oil-producers-will-cooperate-beyond-2018-says-saudi-arabia/

https://www.bloomberg.com/news/articles/2018-01-21/saudi-oil-minister-says-opec-allies-should-cooperate-past-2018

@limkokthye why worry since your buying price 0.060 right? Hold long term and no always monitor la. With current oil price I don't think it will drop back 0.050 la. Be calm!

I think impact will be less as long as the debt limit no be constraints in parliament!!

Too many goood news this year!! 2018 should be a fruitful year for investors!! haha...

Monday those still not yet buy this counter must buy!! Those sold must buy back! Else may regret laterl!! haha..

@goldentriangle agree with you!! As long as oil price keeps bullish then no point klci still stuck at 1800++, should break 1900 anytime soon!! Be patient and waiting!! :)

No wonder sumatec also said increase production to 1500 barrels end of March!! After March sumatec production should be crazily increasing!! haha

@dragonslayer oh i see!! Thanks your info. Means next 2 months rig count will still dropping and US inventory will be huge dropping too (due to demand higher than supply theory)!! Then the oil price possible touch to 80 usd per barrels in this 2 months lo. haha :)

@meistsk3134 noted. But i still confuse that why their rig count can fall -5 on this week since they said want to push output? Should increase more right? Anyone got premium acc to share about the news? TQ

this all is a cycle!! oil price can plunge to 25 usd, must got chance back to 100 usd or above!! Don't over expect worst or best! To be rational in investment!!

With current oil price downside risk is minimize since opec and russia sides are still cut production. Furthermore if shale production is reached the peak since their rig count is up and down, then the oil price should continue spike towards 80 usd with current cold weather consuming and demand!!

Guys courts cases has been factor into the share price since year 2016 and caused this counter still stuck at 0.105. Else this company is seriously undervalued with current production barrels!! Anyways any court case is settled then you may see the share price will be adjusted immediately and fly like rocket!! haha..

https://www.theedgemarkets.com/article/og-counters-active-healthier-fullyear

https://www.theedgemarkets.com/article/og-counters-active-healthier-fullyear

https://www.reuters.com/article/usa-rigs-baker-hughes/u-s-oil-drillers-cut-rigs-for-2nd-week-in-three-baker-hughes-idUSL1N1PD1WQ

@spiderman49 ok lol monday i buy more lol!! Top up another 100000 shares at 0.005 if still can buy :)

http://www.theedgemarkets.com/article/malaysian-equities-valuation-far-being-stretched-says-alliancedbs

as long as foreign fund coming in multi billion ringgit, i feel sumatec will be one of the pick oil stock to fly like rocket since it's totally undervalued based on last production released news!!

last tradeklci shooting up 7++ point to 1828.83! I think foreign fund is flowing in Malaysia for election bullish!! Sumatec can up how much next week? Expected above 0.200 before March!!

@ckc722 someone is pressing at the closing price!! no worry, next week fund manager will goreng armada to break 0.900!! haha

saprng one day up 10%!! armada possible??

those throw today will regret next week

power of foreign fund and i think epf also got interest to buy more next week because the huge profit last 2 qtr the share price too low now!!

my 100000 shares fate see armada lol

saprng share price higher than armada leh!! Armada fight back la

just matched 100000 shares 0.005 haha..

woo woo foreign fund coming back malaysia!! Yahoo!! Saprng spike up like rocket very fast now!! 0.800++

if match 100000 only RM500, loss buy a lesson lol!! if passed 0.835 to 0.845 from 0.820 then should get some fruitful, haha

@ckc722 ya cimb bank should press the price below 0.835 for next week??

so much ppl q at 0.005, 0.820 still got chance spike up as long as market sentiment getting better and oil price is uptrend!!

who dare to buy c27? last 5 trade days!!

this counter still not ever 1 day can up 10%??

Correction we can't control but as long as within above 60 ++ usd what point this counter will drop v increasing oil production??? If March 1500 barrel was archive coming May report revenue and profit should be big gap!! Then the shares price should be big gap adjusted too! Remember hibics shares price? It's increasing to break RM1 when their oil production is increasing to 4000 barrel!! If sumatec year end increases to 7500 barrels what the shares price should be??

@BigDaddyCool even oil price volatile i strong believe will maintain 60usd and above correct (look at us inventory data)?? In this price range will sumatec profit?? think about it