Now, how about this:

When market is badly down
One's face falls into frown
But hey, no sweat
No tears for fears
Just chat with Conn
And one's blues are gone

Now, where's Conn gone ...

Duit, it is a taste that takes time and effort to acquire. LOL

Duit! Corr, blimey. That dude is unreal. What is he, a cyborg?

Post removed.Why?

Hey, Conn. In replying to someone's post, I just inadvertently came up with a short poem.

Here you are:

SOME people sell cheap, does NOT mean that company is bad.
SOME People sell cheap, ONLY means that SOME people are SCARED.

You see me sell cheap, Halim?

Nope, I only buy cheap, then sell expensive.

Way to play, way to go.

SOME people sell cheap, does NOT necessarily mean that company is bad.

SOME People sell cheap, ONLY means that SOME people are SCARED.

Posted by HalimS55 > Dec 13, 2014 02:27 PM | Report Abuse

Why drop from 0.60 to 0.10???
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When there is someone willing to sell at 20, it will drop to 20.

When there is someone willing to sell at 18, it will drop to 28.

When there is someone willing to sell at 16, it will drop to 16.

And so on and so forth.

Next question, please.

Posted by connie > Dec 13, 2014 02:32 PM | Report Abuse

hunter .. me try one :-

Trading is fun
See profit u must run
Cuz bursa full of humps and bumps
And sharkies like to pump & dump
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It could be just me now. But I might be thinkin of some different kinds of humps and bumps ... and pumps and dumps ... LOL

Posted by connie > Dec 13, 2014 02:37 PM | Report Abuse

hunter ... errrr i think totally entirely completely a man's woman :)
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Now, Conn, you've just triggered some wild, wicked ideas in my head ...

There you are, Conn. I hv just outsourced your request for a Bursa-related poem to DuitKita.

And he has come up with a good one.

Post removed.Why?

Posted by Nancy Tang > Dec 13, 2014 02:23 PM | Report Abuse

@ DH ... good to walk away from Suma for a while ... relax & have peace of mind ! The market is bad now ... let it takes it's course and wait for it to come back again !!! Don't respond to irritating remarks as it serves no purpose , except to spoil your serenity !
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No fear, Nancy. My serenity is indomitable, invincible, indestructible. LOL

Short introductory poem to my draft magnum-opus wannabe, Conn.

'Tis a tale of a brave people
How they had to take up arms
And resort to blade and battle
To liberate their beloved motherland
In a time far past, in a long gone world

Conn is okay, Duit. She's good at at the 'If ya can't beat em, join em' thing.

She can be a man's woman as well as a woman's woman. Right, Conn?

Just passing the time, Conn.

Posted by Ring > Dec 13, 2014 02:07 PM | Report Abuse

Sumatec Resources Berhad offers services to the oil and natural gas industry. The Company offers engineering and construction services, offers marine transport services of oil, provides onshore drilling rigs and related equipment, stores oil, and explores and develops marginal oil fields. Sumatec also builds biomass fueled power plants, and explores and mines for metals.
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You see what I mean, HalimS55?

Posted by musashi69 > Dec 13, 2014 01:42 PM | Report Abuse

From SUMATEC brochure ;projected Brent price @USD120 Sumatec will get profit of USD20/Barrel so if brent now is USD 61 Sumatecstill get profit of USD10.2/barrel
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LOL. What version of mathematics is this, one wonders.

Buakaw reminds me of someone from my young days, actually. Ages ago.
A dude in our kampung whom we knew by the name of Ah Ching. The same lean and mean build as this Buakaw, but somewhat taller.

Ah Ching had a Thai mother and a Batak father. Local legend has it that his Batak father originally had a tail, but cut it off in order to make himself more human. LOL

Oh yeah, even my uncle told me that.

You know, Ah Ching even had well toned six-packs on him, I can still remember vividly. And that was like four decades ago, when one had never even heard of the word 'gymnasium'.

He converted to Islam and married a Malay girl, eventually, having grown up among Malay kids all his life. Took the Muslim name Osman.

You can say that again, Duit. One-man demolition unit. Lean, mean, martial machine.

He seems, well, simply oblivious to pain.

OMG. Now I don't know what to say. Never mind. LOL

correction, Buakaw Banchamek.

Buakaw Bachamek, his full name, I just found out.

Watching him again now.

Start learning to make your own judgement of Suma based on facts and hard evidence, like published quarter earnings reports, for instance, rather than wild conspiracy theories passed around from contra player to contra player to contra player.

Because I am serious long term investor, HalimS55. Not a fly-by-night, short term, contra player. LOL

I think it would be worth your time to visit Suma's office some time, get a copy of all their company circulars issued in the last one year or so.

Sorry, but I can't read Chinese.

Post removed.Why?

You're so still obsessed with the production cost figure for Suma, HalimS55.

I told ya umpteen tines already, Suma's earnings for the next several years will come mainly from fees earned as a contract operator, rather than selling of oil.

Do you hv no ability to listen?

Maybe Malaysia should initiate an alternative new non-OPEC oil alliance, to counter and neutralise this Saudi-led OPEC bullying and intimidation.

Sooner or later, the Rest of the World will start bearing down on OPEC, pressuring OPEC to cut.

Ya all reckon OPEC can face off with the Rest of the World and win?

And for real hardcore stuff in a real ring, Duit, Buakaw would be my dude.

Well, it can touch 55, or 50, or 45, or 40. But I'm holding tight to my 1,010 big lots of Suma WB until kingdom come.

Best way for this unpredictable time.

Cyborg will always be my classic, Duit. I even use some its scenes as inspiration in my draft warrior action-adventure novel wannabe.

I'm a a big fan of Tony Jaa also, Duit. He's cool. But in terms of pure fight showmanship, and beauty and smoothness of action, nobody can beat JCVD.

Duit, my favourite slug fest of all time, so far, is JCVD's Cyborg.

Perfect mood, all tension throughout, beautiful story, beautiful action.

Southern Waste is the big gun in waste disposal in southern region, I believe. Like Alam Flora in Kelang Valley.

That is the basic acquisition cost for the Raku Shechnoye Field for Sumatec, based on Sumatec's JVA with Markmore Energy and Caspi Oil & Gas.

Come on laa, get real. That is NOT the production cost.

You're with Southern Waste ah, Duit.

Which Ong Bak is the best you reckon then, Duit.

Maybe Ong Bak la hor.

Wah, you Jet Li or Jackie Chan ah.

Posted by HalimS55 > Dec 13, 2014 09:53 AM | Report Abuse

Dream hunter

Profit

So what??

Price keep drop

Can u tell us more useful infor insider??

How about right issue

How much cost per barrel
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Dude. You are simply drowning in your own panic. And you are now constantly thinking about selling. I just know. I can sense it.

Until and unless everybody like you do not stop your own panicking, and do not start exerting some form of self-control on your own mind, then the price will keep dropping.

That is all I can say.

So, before you can start controlling your own mind, no need to talk about other things. No point.

If only enough people listen to DreamHunter, slam their foot hard & decisively enough on their mental brakes, and stop their senseless panic selling, then maybe Suma might not fall so fast.

'quite' = 'quit'

typo

He has done his job well enough, apparently. Go check Suma's Q3, 2014 performance again. RM24.6 mi profit from RM42.2 mil revenue. This is 58% profit margin.

If you're still no satisfied with this kind of profit performance, maybe you should quite being a serious investor.

And try Genting Casino instead, some time.

Simon, dude. Don't be daft. A CEO's job is to run a company. His list of duties do NOT include managing the hourly, daily, weekly, monthly price movements of its stock.

If there are so many fearful, anxious, panicky, scatty catty dudes around in the Bursa who listen to and accept every every latest new conspiracy theory at face value, and insist on selling at 17, even when he bought it at 50, is there anything that the CEO can do?

For Investor Relations related queries, please contact the following:

Name: Roshidah Abdullah (Chief Financial Officer)

E-mail: investor-r@sumatec.com

Tel: +603 2283 1368

Fax: +603 2282 6368

Gotta make one's own good judgement of the more likely eventual scenario:

(1) OPEC, specifically Saudi-led OPEC, eventually crushing the rest of the world and bringing them to their knees; or

(2) The rest of the world eventually persuading OPEC, specifically Saudi-led OPEC, to come to their good senses and stop being so greedy at the expense of the rest of the world.

The choice is yours, completely yours. Make it, and live with it. And no blaming others.