@woman_I noticed that you are one of the few who have the strength&ability to look at things objectively while u are from the 'inside' of it,in most cases people would say what they want to hear ...

Raku Oil cash out thru Sumatec,Gas cash out thru PDZ....Buzachi Oil 2nd round cash out thru Sumatec ,it's Gas 2nd round cashout thru PDZ??quadruple cashing out??wow....entertainment...hype bait...pump...... ??1x2+1x2=4??....:)

Heard in some countries the rights (permits) to oilfields with proved probable and possible reserve are issued only to a certain depth per permit....we trust Kazagh is different...even if the Kazaghs practice the same...well they are only 2nd to Russia in O&G reserve ,I trust the probability of hitting the proved probable and possible quantities are high even only at a certain depth per permit...again putting HS in the equation .... when there is a probability on a probable outcome it is very possible
......my silly thoughts....entertainment ....

Nonetheless we still TRUST TSHS even when he own 20+ % of the 3+ b shares floated as part of his cashout AND he is INCREASING his holdings to 30+% of future 5+ b shares with another cashing out....?how can we not putting MORE TRUST and pay him more!!when he himself is increasing his stake...?(even through 'injecting')....ie cashing out...classic entertainment...

Take out HS from the equation...hype big names contrOversial data cash out and zell down ...now put back TSHS into the same equation...we TRUST U TSHS and do cash out somemore bcos we TRUST U...classic entertainment...

Tq HS for the hype cashing out 'pump' dump sell down FURTHER SELL DOWN and to cashout again w RI above market price.....dont worry TSHS... we will still subscribe even though it is higher than the market price bcos we wont allow our holding shares to get diluted and after all we are only experiencing paper loss uand we know u need our money bcos it is easier to get more from us and most of all we TRUST U TSHS.....classic entertainment....

Uptrend...... .34-.345 with 85 m trading volume...entertaining

RI will be @40sen only enough to buy new asset?take it or leave it?

Ok musashi69 found thebollinger def. tnx

Whats bollinger squeeze?

2nd wave dat start around .40+ ?

Should have taken ur hint earlier,is it too late to board the train?

Why such heavy sell down one ?even at .34??Cant even survive .355...hmm

Musashi69 bravo on your ifca inveztment!sumatec is entertainment :)

Big sellers to exit hv to be at .335?

That 10.3+m to buy was placed just to prop at 33.5 but they are not buying above that..just my observation...entertainment..

Questions translate

Thailand resources (SUMATEX,1201, motherboard), a fiery red in the near future, has always been a hot stock for the first time.
(1) its share price has risen a lot, do you still have some room?
(2) attach a share when it plans to implement?
(3) the possibility of long-term investment?

Answer: (1) the current situation is, Thailand business prospects of new oil and gas resources, and the volatility of the share price performance, is there room, it is hard to say.
(2) the company of Kazakhstan's acquisition plans, have to finance phase, currently (as of early October) has been underway, mainly 2 with 1 additional unit get 1 free voucher, plus some new share placement, expected to make its capital jumped to 6 billion to 7 billion shares, when even the vouchers, of up to 10 billion shares.
Mass research in its September 3 short report in the quoted news pointed out that, the company big shareholders dansilihalin sand's said will will equity, from currently of 22.06% increased to 32%, because it in company of investment is long-term nature of, this can through the company acquisition Buzachi Neft oilfield action in the, subscription company shares activities in the up to, related acquisition plans cost about up 350 million dollars (1.12 billion makes Kat).
In line with the planned acquisition, it will issue additional shares plans to raise, but Harlem's will take his part of the additional shares.
(3) the above a bit newer data on the company's oil and gas assets for reference, will the long-term investment, to decide. (SIN chew daily, Chief/investments for the wealthy investment inquiry: Li Wenlong~translated

Should HS care about share price b4 RI 40sen?:)

Personally @musashi 69 ,,,I was searching for the dumper from 60+ to 40.....meeting this few frens who happened to be top 30 investors, ,my observation and enquiries ...as far as I am concerned they were not dumping....the syndicates who play much larger volumes intra-day who do not have to pay brokers fee like a normal investor were creating the euphoric and entertaining volumes ....anybody who are more familiar about this arrangement in the brokerage business plse share....:)

Both....:)@musashi69..... :)to come in investment ...when to come out is ....entertainment. :)

The dumping was not done by them...that was the answer I personally was searching...they were doing the pumping.....:) may be sometimes the new aunties and uncles got to euphoric and jumped in.... to 60+. may be...:)

Thanks to a fellow forumer who posted the top 30 shareholders ....I know a couple of them.....can get a better outlook from the inside.....:)

Study the price trend...first RI HS promised Bursa to take Sumatec out of PN17....:) this RI is for further growth of the co. ...HS has got to carry out @ 40 sen and he has got to make it Irresistable ....:)....study the trend b4 last RI guys .....:)

If u guys don't take position now.....maybe left behind..:):)..study the trend of share price before the last RI...:)

All my friends with big holdings are inside still....the trend should be UP guys :)

Prop=push=goreng....whatever....:)

Big investors reckoned they have to prop it up to make it Irresistable....:)

Fellow investors,HS has got to carry out the next RI@40sen...everything is as planned & on track...

Clearly if it is a win win scenario,there is a clear and quantifiable gain for a shareholder for handing his additional cash to the company (underwriters charge a hefty sum for fee remember?a bank would charge interest + fee on any loan)....but in the worst scenario ie when he is deprived of this financial gain by not being able to exercise his full three options because of something which he cannot be held accountable for eg he has the cash but there is no discount on MP ,as in the cases noted by Elle...then :
1)the shareholder loss his RIGHT to financial gain which could be calculated
2)he also has to suffer dilution to his existing shareholding thanks to the new shares which he is UNable to buy NOT because he has no money ..
I guess both deprived rights of a shareholder could be estimated .....
Since a shareholder cannot be held responsible for something which he is not accountable for....how come technically he ....with mathematical probability finds himself as a SHAREHOLDER willing to pay money ,in such a position....I rest my case...as the song goes....anyway just my silly thoughts and disclaimer applied.An investor has so many ways of looking at things so let's see.....

.....the new shares cost you 40sen,but they have a market value of 43sen+the value of the new warrant which cost you 0 sen....

Say in ideal(win-win)....scenario..

1,000 existing shares at 45sen. RM450
500 new shares for cash at 40sen. RM200
Value of 1,500 shares RM650
Ex-rights value per share 43sen(RM650/1500shares)
So, in theory, as a result of the introduction of new shares at the "deeply "discounted price with the free warrant taken into account, the value of each of your existing shares will decline from 45sen to 43sen.But remember, the loss on your existing shareholding is offset exactly by the gain in share value on the new rights with the free warrant ...

Quote..."Defining a Rights Issue and Why It's Used
A rights issue is an invitation to existing shareholders to purchase additional new shares in the company. More specifically, this type of issue gives existing shareholders securities called "rights", which, well, give the shareholders the right to purchase new shares at a discount to the market price on a stated future date. The company is giving shareholders a chance to increase their exposure to the stock at a discount price."

Quote...."In estimating this dilution, remember that you can never know for certain the future value of your expanded holding of the shares, since it can be affected by any number of business and market factors. But the theoretical share price that will result after the rights issue is complete - which is the ex-rights share price - is possible to calculate. This price is found by dividing the total price you will have paid for all your shares by the total number of shares you will own."

@strategisst TQ

@strategist...u mean to use that reserved money to buy more from open market after ex date?tq

@DC, broadly we are looking at probabilities of events happening ...on basis of technicality also due to market conditions and external factors..to me these could be compounding upon each other..as a shareholder it is to our interest to look at both ..I might assume my remisier would handle only the technical part of it...tq

(1) to subscribe and pay more money if the rights are irresistible
What if the rights share price is not irresistible but the RI exercise can proceed...on technical basis
(2)to sell the rights to other shareholders or underwriters if you gain from it

(3)Ignore the rights and suffer dilution of shareholding ,thanks to the new shares...experience&opinions are welcomed...

@elle TQ,@strategist u are right technically the underwriters would have to canary the baby....but as a shareholder who has not been offered an attractive RI would be left with only the last of the THREE options...he HAS to..

@SJ tq

-carry..typo

@elle TQ,@strategist u are right technically the underwriters would have to canary the baby....but as a shareholder who has not been offered an attractive RI would be left with only the last options...he HAS to..
(3)Ignore the rights and suffer dilution of shareholding ,thanks to the new shares...experience&opinions are welcomed...
By the turns of events as such as a shareholder has been deprived of the first two choices which are to his advantage ,what would be a smarter choice for him?...appreciate your opinion...

@stategist...noted w thanks..got your point..latest I heard from my source ...the RI exercise is on tract ie @ 40 sen,,means as u have explained few scenarios could come in

@elle...MP falls below RI after approval and before the RI exercise is it...?

@strategist ....since the purchase of BE aka Buzachi @RM850 m was derived from RI being 40sen ,anything below 40 sen RI would not be sufficient for that acquisition right?I agree they have to push up the MP....but the support level @40+ was broken (before the external factor of DJ correction)...I hope it's easier to push up than to keep that support level ....what do you think strategist from your observation and experience TQ

@Strategist..TQ and i heard the EGM is mid Nov ?

...technically speaking can the RI take place even if the share price remain below the RI indicative price ?(of course ideally the RI should be lower than the price of share in open market) ....the syndicated underwriters would have to 'shoulder' the unsubscribed Rights shares .....isnt that's the risk that they have undertaken when they underwrite this exercise on behalf of the issuers?
Looking at this interesting scenario (technically speaking)
while the shareholders has 3 the options:
.....the outcomes could be very Entertaining....
(1) to subscribe and pay more money if the rights are irresistible
What if the rights share price is not irresistible but the RI exercise can proceed...on technical basis
(2)to sell the rights to other shareholders or underwriters if you gain from it

(3)Ignore the rights and suffer dilution of shareholding ,thanks to the new shares...experience&opinions are welcomed...

Qoute..." People always sees it this way- how much it has fallen from the peak and not how much it has risen from the bottom. "To all my comments DISCLAIMER applied .....

Woman .....i once seek opinions from 2 of my friends who know theKEY people,one who claimed to have been to Kazagh's oilfield ,second one didnt go.So i asked the second friend to read this posting ....Sumatec - What is the end game of TSHS?
Author: Random Trading | Publish date: Sat, 30 Aug 19:31 ......He told me he does not have to read that posting....he already knew the end game....i sold my mine and join this forum for 'entertainment'...p.s-'entertainment' was first used by our travel agent in China who reminded us that the Mall that we were about to be taken to is not for shopping...its 'entertainment'....