Yup u are right US and OPEC are competing for Asian market

If that being the case crude oil will stay @ the bottom for a while...whatever the bottom price is...

I think if OPEC reduces production US would increase shale oil.....

According to BBC business -majority of US shale oil is far cheaper to produce than a lot of conventional crude.So in long term price war US producers would likely win...82% of US shale had a break even price of $60 or lower....

These days forums, blogs, twitters and facebooks are all good platform for the promoter to spread the good news and how good is the prospect of the stock. With 'target price' of RM1, RM 10 and RM 20 couple with well known public figure as well as asset injection, it is quite enticing to retail investors. One might not believed it at first but ...entertainment ha3!

Tiger tnx for sharing

TIger..corporate guarantee ?guarantee for?

@tigersumantara..typo

@tiger Sumatra ..I heard about that fr strong source..couple of months back but not in accounting sense dat u put...hmmm tnx for sharing

@DC..typo

Ex I hv often heard of what goes up must come down why?gravity seldom I hear what comes down must go up why ?gravity ..what about?...nature always take the route of least resistance...why work hard when u already cash out?but sometimes a river moves upstream...big tide or big pump...anything is possible but to be probable u can arithmetically deduce

The run was over from 62 to 45 range!when in 2 months it spiked next 2 months it dumped and sell down to the level b4 it spike....it is classified as pump & dump for cash out purposes...plan for the worst and hope for the best...

20:80=0=20% has cashed out 80% left holding the baby guys!lets name the baby hmmm...Trusths or Tr*shs...good day m_s

Bro 86868 to buy to sell to hold even to stay sideline ...it's not as simple as u and I think...but none can deny Sumatec being the most interesting counter !!no general conclusion no sweeping statement can describe whats going on...my interest and yours might be different but our intention must be the same..not to lose money I reckon.... 20 % make money 80 %! Lose money ! Since its a zero sum game means what?? Simply means the 20% makes money from the 80%!you don't know what I know and you don't know whom I know neither do I about you,so nothing is personal bro so chill ...ha2 keep our thoughts clear be willing to listen to opposing ideas and most of all m learning to join the 20% group!!ha3 to me it's entertainment ...

Tq lc for your opinion much appreciated

http://klse.i3investor.com/blogs/RandomTrading/59084.jsp

For anybody interested to see how it was done above board and with approval ha3

...Of course they are at full liberty to sell their stockholdings ,we are discussing about smartness and their timing here .u cannot accuse anybody for being smart can you?ha3 all are done above board and my postings are not a call to buy or sell and all disclaimer applied comprendo?ha3

Jay8 u r right !this stock very2 good actor to me too very2 entertainment !!ha3

Lcwin that sell down and distribution pattern I too noticed it and there was also a posting couple of weeks back with the names of proxies including johari razak sold @around 40 even below 40!clearly indicated they are not supporting even that 40 level tq for reply lcwin m observing and learning too...yup I too noticed how smart their game is...lc what do you think the odd of next RI going through?

Lets just Imagine theres a rebound??ha3 with those who got stuck with higher prices waiting for first chance to cut loss!!Even on the down trend the selling pressure is already high ..try to imagine the selling pressure on a rebound??ha2 try asking HS to goreng to 40 for other reasons than 1 he does not hold that much anymore 2 the RI for him to cash out is off the table( the plunging crude oil is the last straw) ..with this scenario even @ 16.5 I won't pick up and to those still holding the baby ....

@lcwin u posted the list HS team selling @around 45 and below 40?

The only catch is how to get easy cheap funding from investors this time around when the share price is only 16.5 instead of 40+ at least!!ha3 intriguing !!!lets see...

Like a boomerang someone throws @ 16 goes to 62 ,come back to him at 16 !!!distributing along the way if that is not classic whet is.....keeping my cigar for that ha3

M convinced also bcos how not to be convinced by someone never speak ills!!i will take a while more to believe at least @16.5!!!!

He3 I wait @16.5 bcoz only below dat it will begin to hurt their own pocket!!!then I will believe whatever stories they tell oops never SPEAK ILLS guys!!!just spread lies and deceit .....ha3 beats Shakespeare !!!

Just come clean guys....make u sleep better at least ha3.....just a bloody good good entertainment nonetheless ...the plot,deceit put Shakespeare to shame!!bravo2

PS :HS never subscribes??....he swaps only...??share holders have to subscribe or face dilution of more than 3 b more share coming in...??never at his expense one....??ha3 dats entertainment

Awesome,,,m_s..some cut some x cut...by doctors I mean :)

M_S.....Trust!!!crude oil plunging not his fault ...worst scenario??he is stuck w part 2..part 1 cashed out in pocket alredi and @ crude oil 100+ maa...now going 60 ....whose baby maaa....Any clause to leverage in case crude oil plunge???hmmm...don't think so that's why called cashed out maaa....

Anyone holding Malaysia Bhd shares can sell???ha3

Even Malaysian next years budget also based on crude oil 105....

Sure short

How???

Cut also???

If still haven't cut can cut one.....ha3 ....now a days baby also dr cut olredi

Since CYM Oso came in @16 ....ha3

Olredi touched 25...is it 16.5...

Since 62...accumulation or distribution ...Go figure??

M_S Lets wait @ 15.5.....I think the realistic support is @ 16.5 lorr...wonder why...???hmmmm

Maybe if price drop 'NOT TOO SOFTLY'....can cause Panic Selling too??..is this Downward Controlled Distribution Mode??....he3 lets see... corporate sifus

m_s ever heard of Chinese proverb ??....if you want wisdom go to the desert ...if you want riches go to the market....hmmm let's see dear where trust comes in...

And don't ever ever factor in moral obligation please...he3

M just watching the plot unfolding bro Cr55...outside and inside they are urging ..average down...he3...where's the bottom...@16??no sign of follwthru yet...all in all Trust n entertainment ....wether they care at all about the share price??lets see....he3

Only way to keep passengers inside is....downward distribution SOFTLY...their entry point is 16??he2 still got space ...Trust is entertainment...

Those many many w intention to cut loss waiting for price to UP a bit then RUSH to sell...panic selling...hence downward trend of distribution....lets see he3 ...entertaining

No sifu just 2c thought-1many many more still queuing to cut loss 2 many many more selling to cut loss even at .26 -distribution of sell down @ price yhat can find support .26 is insufficient under the greater selling pressure- future profit dimmer..due to plunging crude oil

What happens to the counter if they cannot push the RI thru @_@ .???..the previous 3Q profits was b4 the crude oil falling n Raku's arrangement was a joint investment agreement JIA - first 2 years profit to Suma alone but after 2 years profit to share 50:50 with the owner of the rights...whattt?.....to split profit 50:50. @ crude oil 60?? Even @crude oil @100+ and without splitting profit last 3 Q return just enough to take out of pn17 and can't achieve the 69m 14 target?? Is that why this RI for B oilfield is so necessary??hmmmm lets see...

Having agreed your invincible Cpt looiks NOT TO factor in moral obligation m_s....I really2 agree with u and noraini....we only have one left.......TRUST!!!!ha3 in bold capital letters!!!!dat I find to be more entertaining!!!!!!!!m_s dear the answer to square roots of four B squared (4b2) is ....u are right dear....TO BE (+2b) or NOT TO BE (-2b)

Don't ever ever factor in moral obligation guys....ha3 even our invin8ible capt Looiks agree on that ha3 ....right m_s dear......entertaining....

Think again....he3.... They will only support if they CAN.. to materialize the coming RI@40sen!!!the sell down below 40 was not expected by them ...then enter the controlled sell down ...@ .5 per day ...not for the RI purpose anymore....to avoid panic selling??now even dat .5 per can't be contained ???.....hmm..entertaining

why HS fails when he alredi make 400+m first time round from investors....instead of having to wait NEXT few years to see whatever they have under that Raku ground can give them anything at all let alone 400+m ???which one is better walking to the bank now w 400+m in your pocket or having to wait don't know how many years more to see if really that much worth of oil under that Raku ground??if they know it so well home come first say 69m for 2014 then say sorry can achieve that....ha3 ...if coming RI can't materialize ....only means HE cannot make more money now!!!but question remain that 400+ m in cash n shares @16s?... came from where???definitely not from banks Exxon or BP right??ha3 entertainment

The plot was rather elementary my dear Watson...every single step they make is NOT at their expense my dear Watson....question is now ..@ whose expense .....hmmmm....m following how the script unfolding...I find it very2 entertaining ...why the big hypes....why the big names...hmmmm....substance or form....lets see

Plan for the worst and hope for the best....ha3