Morning guys - hope all doing fine.

Take note the that the volume is shrinking and it is trading at its low The cyclic movement is obvious. Trade with care. Lets hope the volume does not shrink too fast.

Noticed REX International up past 2 days now at 64.5 cents. Something is brewing............

Wishing everyone here a very pleasant weekend. Bet most need a well deserve break!

The drama ended this week hence good idea to RnR, recharge and to be continued next week...................

Interesting week indeed - full of drama and excitement......................

End of the week, the price ended up the SAME as when it began this week, at 0.465, what a coincidence...........

Now the company out of PN17 and all news out, what will the owners do to boost up the share price? Very interesting indeed.........................

Simple maths - If TSHS is buying at 55 cent total of 727.27 million shares, why not now pick up from the open market at 47 cents. This is a big discount and you can easily collect at least another 300 to 400 million clean before it reach 55 cents.............................

Why publish you intent to pick up at 55 cents at a later date and yet do not pick up NOW at cheaper prices?

Cheap sale going on right now........................

Neither here nor there, and please read announcement and digest properly.........

It states ......"at an INDICATIVE issue price of RM0.40 per Rights Share".............................

Maybe you can ask them to clarify what does " INDICATIVE" means...........

Guys - just be careful. It is not always what it seems.......................

By now - you should have realized most of your predictions did not materialize.........................

Trade with cautious and care...............

Have you guys consider why this counter is so depressed AFTER announcing it's ONLY deal that will last it for 3 years? It has not recovered since. Has been falling....................

Quote by FOCUZ .

Stock: [SUMATEC]: SUMATEC RESOURCES BHD

Aug 28, 2014 09:39 PM | Report Abuse

Posted by happytradingz > Aug 28, 2014 08:41 PM | Report Abuse

Focuz - I read Marksmenship comment and last time if I follow I would have come out of Sona. But I didn't. He was right. Go read his comment in Sona. Now here - not sure but maybe you pay attention and see what happen soon.
=========================================================

@happytradingz: It's only this week or so you start to appear in Suma Forum. About 3-4 weeks ago I announced here that I've exited Sona. What I did not say was that I made some money. Why you did not pay attention.

I know you have been his pal & ardent supporter. For all I know #marksmenship speaks as though he's good in accounting. To me he is an opportunist...let people slog for him...


I AM AN OPPORTUNIST? WHAT OPPORTUNITY AM I TAKING AT OTHER PEOPLE SUFFERING?

What a JERK this FOCUZ is!.........

s123445 - Then you tell you good buddy FOCUZ to BEHAVE!

bangonluck : With due respect - We are all investor and some of us have in the market far too long and have the experience to "smell" these things. So I posted precautionary warning to help our fellow investors to ponder and weight the other side. No point just shooting it down and attacking personally. I provided the details and the supporting evidence as links. It is for those who want to read and up to them to decide................

FOCUZ - where are you now? How come you very quiet now? What happened to your usual boastfulness. It is indeed sad that you have such a pea brain when people try to warn and help to realize that TODAY this is going to doom and get out first you go on the offense and attack me.

FOCUZ - Now you see yourself what has happened. Next time - use your brains rather than shooting from your hips. Time to grow up!

And the major shareholders announcement. How come ALL disposing quietly and NONE buying?

http://klse.i3investor.com/servlets/stk/annchsh/1201.jsp

hhakim - then please try to convince SUMATEC directors and major shareholders to stop selling their shares and flooding the market. They keep disposing their shares....

Please enjoy reading this :

http://klse.i3investor.com/servlets/stk/annchdr/1201.jsp

I guess they want to help you that is why they are selling to you.....

EPS IS 0.36 cents - you guys need to wake up.........

It is below 1 cent.

Profits of 69 million per year is not good enough for sure a heavy LOADED company with such Hugh outlay of share float of billions - they also have the warrants A and Warrant B to content with - I am just reading what has been reported so numbers don't lie.

Why there was a sudden rush recently to float another 10% of shares at a very discounted price and flood the market? Why were there so many ESOS issued at discounted prices recently when the counter is being traded at heavy volume and BEING THE LIMELIGHT of Bursa?

WHY have the major shareholders been gradually and consistently DISPOSING and not acquiring the shares? Please go and read all the BURSA announcement just to make sure.....

HOW does production of 2,000 barrels of oil per day justify all these? I have given the clues, the writings are on the wall, just don't get blinded by greed as it will get you..... The dumping has been ongoing all this while right under your noses.

In this forum also there are hard core supporter who have not written anywhere else or bought anything else other than Sumatec. Wonder why? All this while only traded in 1counter? Astonishing !!

Please do your due diligent and invest wisely......

Those who know how to do company valuation should speak up now and be sincere about it.....
Share float is so huge and profits are as such.....

Better to have flowerpower here at least counter was up and active!!! Not like now totally dead...

Guys - this looks dejavu - pattern building. The trend is not health. Trade with care ok..............

Need to keep a lookout for tomorrow once the heavy volume surface............................

Focuz - please take a break.......

You are going nowhere dude!

Guys - I DID warn early this morning that the pattern was a dumping exercise. Be cautious. We don't know where is the end of the falling knife as the accumulation was over time and they could flood the market.....................

Trade with lots of care please at this stage......

Guys - just be careful. This is typical offloading pattern developing.........................

Those who have been in the market for a while and have the experience will be able to gauge and know........

How do we help you and how can you help me?? Funny......

i3watcher - that is old news July 24, 2014.....

Anyway - for the record - what I read, they will be drilling 3 wells in Norway in 2015...

Here is the link

http://www.bursamalaysia.com/market/listed-companies/company-announcements/1709693

Wow! This counter seriously need some umph!! We need heavy duty promoter or players here. Past 3 days only 2 posting. How sad.............

Hunter chilling with the flow of music before slumbering in dreamland. Dreamhunter. Now I get it.....

Different scenario.... That depends whether one had one too many or one too little.....

Eh! Am I in the wrong place? Is this Sumatec forum or Song-n-Tag freebies?

DH - Tomorrow Saturday - no trade and doing on research during bedtime reading - knowledge and information is priceless and sharing is caring. You too should read prudently

http://sumatec.irplc.com/investor-relations/doc/Sumatec-Brochure_Final-14thJune2013.pdf
http://klse.i3investor.com/servlets/stk/annchsh/1201.jsp

Maybe someone out there can prove better insight to this?

Also - I read their corporate presentation - what is alarming is their statement on PAGE 4:


10. Attractive profit share for Sumatec (on oil only)

The low capital and operating costs as well as attractive fiscal regimes allow Sumatec to enjoy profit share (before tax) of up to USD21/bbl if oil price remains at current levels of USD120/bbl.

The current oil price is USD100/ bbl....Can someone write and confirm latest situation. If you add taxes etc, you are in dire strait now!


Presentation link below...

http://sumatec.irplc.com/investor-relations/doc/Sumatec-Brochure_Final-14thJune2013.pdf

Guys - in light of what transpired couple of days ago and just so as everyone is on the know and up to speed......most the changes in shareholding thus far has been disposal of shares. See below. ....

http://klse.i3investor.com/servlets/stk/annchsh/1201.jsp

It would be interesting to see what comes out after 7 days from Wednesday as they have to inform of any changes in major shareholding within 7 days ....

Yes just read that - the simple and standard reply ....

http://www.bursamalaysia.com/market/listed-companies/company-announcements/1716709

Guys - just as heads up http://www.bursamalaysia.com/corporate/media-centre/media-releases/2849

Guys - anyone know what happen to then new listed shares -

I looked up their announcement......http://www.sumatec.com/investor-relations.php


"On behalf of the Board of Directors of Sumatec, M&A Securities Sdn Bhd is pleased to announce that the Private Placement is deemed completed following the listing of and quotation for 308,596,000 new ordinary shares of RM0.14 each in Sumatec on the Main Market of Bursa Malaysia Securities Berhad with effect from 9.00 a.m., 5 August 2014.

This announcement is dated 5 August 2014."

If it is just a glitch - then there is nothing to worry about ..... But establishing the facts is the key and time is of essence if you desire to purchase more or intent to make the next move.........

For those who has financial and credit links with banks / broking houses / security firms - inquire what level of damage has taken shape. What is the squeeze. Or have they pull the financial plug in totality? Establishing a clearer picture prudent as everything transpired within 30 minutes and then the free fall. It means some sort of bad news flowed during that time. Now how bad so bad... Is it reversible........

Sklyte - thanks - not sure yet as KNM is potential upsurge. My cost 70 plust but if breaks 1.10 it could fly, that is why hesitated a bit....................

I could offload MAS that now I am sitting pretty holding shares at zero cost but that too sayang....this hibiscus I have acculumated bit by bit but has not moved for some time now so not sure right time as timing is important. If sell now, those counters move and this still stay stagnant.............

I can see volume building up on the buyer side...........................

Could this be the sign? Not sure..................

Very difficult for minority shareholder to have a real say as this will slow down the process and put another hindrance in the process.......................

Sklyte - no argument - just having a bit of fun.................

Thinking of switching KNM to Hibiscus. Not sure timing is right yet...............What you suggest..........

Me small boy not a big timer like you..........................................

You very clever and big shot......................................

Sorry ah................

Thanks Edmund for your complement - much appreciated.................................

Edmund - Stop lying please!!! Everywhere you go you lie!........

On July 6 you posted - you never bought KNM. And now you said you cashed out?


Posted by EDMUND..................

Stock: [KNM]: KNM GROUP BHD

Jul 6, 2014 08:53 PM | Report Abuse

I bought Ta at 0.50 bit failed to buy knm bcoz my remissier advices me not to buy. That time knm was only 0.47. I think both stocks have great potential above 1.00

Please stop lying EDMUND, Do good and not bad as KARMA will get to you...........................

Thanks a million.................

Edmund - Stop lying please!!! Everywhere you go you lie!........

On July 6 you posted - you never bought KNM. And now you said you cashed out?


Posted by EDMUND..................

Stock: [KNM]: KNM GROUP BHD

Jul 6, 2014 08:53 PM | Report Abuse

I bought Ta at 0.50 bit failed to buy knm bcoz my remissier advices me not to buy. That time knm was only 0.47. I think both stocks have great potential above 1.00

Please stop lying EDMUND, Do good and not bad as KARMA will get to you...........................

Thanks a million.................

I am not promoting Hibiscus my friend - I am not promoting any stock - I will just expose you as a liar- And you just posted in KNM and that again is a lie. I will expose you there too...................

Edmund - I thought you already bought at 48.5 cents. Isnt this cheap enough for you..............

You said don't touch SPAC. All spac are scam and yet you buy......................ha! ha!...........

Real clown lah you Edmund - sometime you write don't touch ALL Spacs are scam - will bankrupt soon, sinking ship, no hope, run for your life, then you say will touch 70 cents, then will touch 40 cents now you dare to say Spacs are interesting. What is your real motive......................................

Ladies and Gents - I am not here to preach - But if most of you had a good run up to now - it would be good to lock in some of the profit first. Sell some of your position? Cash is king when it is in your hand as it has moved up significantly very fast very quick. You don't have to sell all. If you think the counter is going further up, well and good, and you still have the balance of the shares still with you to ride the wave..................................

if the counter does go down short term (I pray it doesn't), the with the cash in hand, you can gradual accumulate if you choose too. Just my 2 cent advise...................

Either way, good luck everyone.....................................

Still teasing the elusive 1.10. It's just a matter of time now...............

Simple stratergy - upside bias - hit 25 cents I sell...............Current holding cost very2 low............

Hit below 19 cents, I accumulate......................