active buying. Let's see if big boys will eat at 0.15

Perisai still have active assets worth millions on liquidation if they had to generate cash

Agreed. Let’s hope for recovery soo.

Brent rallied, a good winter demand

4,8 m ringgit traded. It's nothing compared to the billions of ringgit pool. The big question is, does EPF has the real swimming pool, or merely a pond? After the big IMDB conspiracy, a lot of matters not disclosed clearly to public.

EPF is selling at cost to pay end year dividend

Armada suffered in Q3, but likely to improve its losses in Q4. There is high chance for the stock to run beyond 20 cents for Q4 results.

If HS let this ship down, it’s a disgrace to his reputation and legacy. Best he come up with a proper plan rejuvenating this Company and his shareholders. Such a shame to pronounce his entrepreneurship in this Syariah stock while doing a con job behind the scene (if proven so).

5 more months for Perisai to submit its plans. We should see stock activity increasing in couple of weeks.

Who is the second largest shareholder after HS? Can someone share the latest shareholder listing

Drop by LinkedIn and check out Zainal Iskandar Ismail, claimed as advisor and COO for Sumatec and Caspi Oil Gas. Jointly ask him the status of Sumatec activity and return of investment.

Haha, dragon, cannot beat Tan Sri. He is king maker for sumatec. I am holding 3.3m shares only.

Perisai quiet. I hope they storm the market soon

Just watch the twist, Armada will rebound above 20cents, and very quickly

HS no bullets. Let young and caliber investor lead the company

Haha. Cash flow no more cash. All flowing in toilet papers

Sumatec holding its ground. Believe HS bought those big lots at 1.5cents after panic sellers sold. Have strong feeling it will rebound above 2cents, fingers crossed

Traded fast at 1.5cents. Someone bought a big lot. Wonder if insider preparing for Q4 results

Finally 1.5 cents bled off

Perisai sell wall quite thin. I hope its a signal for uptrend.

My understanding that they should be disclosing the plan before end of this month. Did you hear the same? At least this was the info published earlier;
http://www.theedgemarkets.com/article/perisai-petroleums-creditors-approve-scheme-arrangement

Patience. It will go pass 20 cents very soon before end of the year.

Oil stocks already bled enough this month. You can see recovery in Q1, so better park your positions.

AK will not let his baby drown

20 cents still has buyers. Something is happening

I don't know about you guys but my feeling is some big shot collected at 20 cents. If that was HS, I am sure he will play a positive sentiment to make that margin

Who knows, he might surprise the market again with a rally.

Yes Halim already old, no more balls to play this game. Only play dirty to bail out. I hope it is not true, but you never know

If Halim indeed collected, we can expect rally in the near term. Otherwise no hope

Sumatec collapsed. Let's see if Halim collected 2 cents

Sumatec needs a reliable leader. HS too old and out of skills to protect is legacy.

Nice profit. I am still buying at this level. Just keep, and wait for it to rocket to 0.3

Most Oil and Gas counter cheering over US and China interim deal. Perisai yet to rocket.

HS wants to collect at 2 cents, my guts looking at the queue volume.

HS cannot escape. A lot of retail investors expecting an explanation over his pledge. I don’t think he wants to be seen being sued and viraled in social media. After all reputation and legacy matters

I hope HS gives proper excuse that revenue deferred to Q4 due to payment term

HS must be shameful to pledge and not deliver. A loser. He better have a positive statement to cool down investors with Q4 revenue and regularsation plan.

HS trying to swindle. He’s not competent to run the business. He could have obtain license to sell curry puff in Kazak, at least can make see some Revenue

It was not a while ago when company pledge to recover
https://www.thestar.com.my/business/business-news/2018/05/05/can-sumatec-escape-pn17-again/

Is it because of payment terms in contract? Maybe they get paid after ?

Haha. Revenue hide in offshore account. TSH hiding for retirement?

If they produced 5000 bbls per day xUSD65 (average) x 90 days, revenue should at least be USD 29 million. Assume lifting cost half of it, profit still about USD 14.5MM

Technical correction. Be ready for a swing upside

Am still here. Sleeping beauty counter. Waiting for news to light up

It's just a matter of time to see light if Sumatec makes a healthy announcement on QR report.

Price saturated at this level. Hope for rebound soon

Bleeding again

Sumatec has approximately 7 more months to submit its regularsiation plan. There is still enough time to digest market conditions and bet on capital while the whole world is betting on Energy stocks

Expect high volatility on oil price this week before Iranian 2nd sanction goes online this 4th Nov. The market will assess US position over non compliant nations. This will disrupt geopolitical tension and price can swing higher in uncertainties

I am still optimistic that Perisai will be given a scope under Petronas to commit on local development.