Good mrng, This mth wl be the mth of Train Announcement....

Tq tq enjoy yr holiday!!

Gong Xi!....Gong Xi!... Happy CNY!!! Hope this year wl bring success to Sumatrain pax!!...

chrollo, he is keeping his low profile like others in suma BOD...work underground..he..he.. mtg start...bye

hope christ got the stamina to catchup wth HS way of doing things...

yea lor DH but knowing HS super duppa project manager like Plus hway opened before target date......

while waitg for courom still can cit chat...iswara..Suma got 47 well with the same condition as the first well. Calculate the revenue if all done in june..

I like that word DH..he..he.. got to go for mtg...Happy CNY to all Sumatrain pax...

DH, they r not anti-climax but some dateline wont wait for station 50...

Conformation of the operation on first well by Suma considered as 1st miracle as it is the start of knowing the method, quality n quantity of oil produced....

Yes DH, thats what we should be concern of. The revenue for 2nd Quarter either Suma can reach 2000bpd or not. Conservatively, at 2000 bpd suma need to at least 4 wells operating to reach that target. Thats only 10% of their current operating well. If follow yr calculation DH, by 2Q revenue was 32 mil or around RM100 mil...he..he..

Strategist maybe that money for new baby upfront.... He..he

A lot of people wth deep pocket..QLC, Anankonda or maybe one of SPAC... Who knows..

No nonsense man..

If i knew I wont say anything. Only to gv hint as usual. But who own it doesnt matter, only thing that if Suma discover more reserve at shelly unexplored area, definately wl be bonus for us. That PP I think for upfront on new baby

Maybe..

He..he.. Who is the owner of PP?

Hmmm

No worries DS just wait for next Train Announcement then wl know who board the new VIP coach....he..he

Understand yr situation...why the train driver put some more VIP coaches since the loco cant pull the current loco fast enough..but maybe the driver knew that the new loco hv the power to pull all the coaches at an optimum speed later...he just want to maximise pax load to get extra revenue ..he..he..

dragon, old loco got safety issue thats why hv to wait new loco for loan to get in...banks also afraid to ride in..Do U think that PN17 is an issue here? only time wl tell , financial not an issue for this old loco..he..he

Chrollo, they know the potential...O&G need lot of capital initially...once oil revenue out, Suma would be self sufficient..they the PP hv done their study before putting their money. Only time is catching up on suma if cant extract the oil at given time. This first 6 mth was a busy period to do the workover for 47 wells...remember shelly only 10% explored...what happen if another 90% got at least 20% proven oil reserve?..he..he

Dragon, 'Put yr money' what I mean is PP money not yours...sorry correction

Dragon, sure got maa...u think HS so stupid to gv free meal? Put yr money and wait lor like anyone here..but the takers also smart. If they take, they r very sure that suma wont be lesser than their buying price after cooloff period..thats why this came after Suma confirmed got oil else who want to put their money here..Suma always on conservative side of predicting oil deposit they hv..once confirmed need money because clock is ticking towards 2025 if the reserve is too large to extract at this level of fund..Crotia people also need money lor..

also cannot do another right issue. Later people play contra...hv to safe guard loyal ticket holder...so PP hv cooloff period before they sell...this shelly baby definately can cover profit for this year and another 1 or 2 more new baby sure make the family happy and enough birthday cake for everybody..he..he

Stargazer, thats why need new blood to extract all before 2025. Hearsay, can gv u that price but cannot play contra lor..at least until new loco come...can ahh?....he..he..

Apekafun, other counter no oil maa...servis provider only..concession also not find oil..

Sometimes we don know how 'big' is 'BIG'...he..he..

Suma only hv until 2025 maa.. this area is too big to extract at this wth this limited kind of fund. PP money wl fast track the process to get all the oil out before concession expired..

but who got the PP hv to keep for a period of time...

he..he..he..someone at 14:48pm can read btwn the line..First right issue, baby shelly came out...this PP..ring u any bell??....BIG brother wont put money if no proof of oil...he..he

They asked for placement after knowing Suma got other cart n horse in place...

Keep wondering.... Good for yr mind...he..he

The placement price lorr.. Not current or future price maa..

Hmmm... Who is the one who wl take the placement?..... Big O&G Tech or Big Muscle Company?.... Keh...keh ... Sure the price wont be below my previous betting wth my joker..

Hmmm. ..the gate will be opened soon..sometimes we don know how 'big' is 'BIG'.....he..he. C u tmrw...

Mordecai, small fry playing among themself..he..he

Aiyoo.... 4th Quarter book closed aledy no need to recyle the 86 mil profit lor.. Now suma confirmed got oil but seems not enough to increase people appetite. 2000bpd should be no problem this year....he..he

Suma announcement is to prevent incorrect reporting by BTimes as highlighted by Noraini. If BTimes don published the news this mrng sure they wont issued any corrective announcement. They don like to put the cart before the horse.

Aiyoo Ongliao, their target was 2000 bpd. If 150bpd is good enough for 1 oil well. So u calculate if they finished the 40 oil well by using same method by june. The main thing, they met their operational method n target as previous plan.

Strategist, with market down by 23 pts n below 1800pts. Heavy selling by old inspector but bull still in control for this counter. I think it is not bad performance overall. Just wait n see.. He..he..u can keep my word my friend..

Skylte, u know la if HS go through MItI, which group wl get it? Not so comfortable party to be with. By the way.. If u r a owner, r u want to hv yr ugly enemy sleeping beside u. Main point for us, HS proved his words that they produced the oil. Look at Suma longterm plan. If u r shortterm investor, I know where u heading to... He..he..

Overall market negative but still hold....he..he..

hait..go for hi tea..lor..

skylte, yes HS got 100% in Marksmore. Markmore only hold the concession but not enough money to do the operation. He can do that if he won the court case with previous bos. He go through Suma as suma is PN17 and need a white knight. This arrangement is better than go as SPAC, thats why he offer 'calculated' right issue for early bird like us . If he go through IPO/SPAC definitely he lose control of this company to same 'group' up there. Win some lose some better than lose everything that u hv work hard for it. Like malay said 'Pisang tidak berbuah dua kali'...he..he.. hope hv clear yr doubt..

HS really is a hands on guy. Everything as per schedule but maybe earlier like plus project. His projection usually at conservative side. Still got 2 moracle before new loco. Bz tday with rev calculation... He..he..

loving u ..loving me..ahaa...

Aiyooh don cry for me argentina....

dragon, 1 mil free flow per mth is also good maa for PN17 company...

Can help kengfp, just watch for the punters n free rider..I don want them to disturb my pax again...keh..keh