'Go heck' = 'Go check'

typo

Posted by HalimS55 > Dec 13, 2014 05:23 AM | Report Abuse

Dreamhunter:

U dun misleading ppl

Ok???

Keep drop
Keep drop

Next week 0.15 soon

Coz oil crush

How u think??
U still buy in?
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Dude. Go heck Suma's Q3, 2014 performance again. RM24.6 mi profit from RM42.2 mil revenue. If you think this is misleading, you could go report me to Bursa.

Now then, who's misleading who?

If other dudes wanna sell @17, even if they had bought @50, who am I to stop them?

Did Malaysia go bankrupt when RM tumbled in 1997?

Nope. It made Malaysian goods cheaper and more competitive abroad. And Malaysian exports sold in USD, like crude oil, palm oil, rubber, electronics/electrical goods, chemicals, petrochemicals, agro-products etc. etc. brought back more RM to Malaysia.

Ditto with Russia.

Posted by arv18 > Dec 12, 2014 11:48 PM | Report Abuse

Director's Chan Yok Peng, Ahmad Johari Bin Abdul Raza, Wan Kamaruddin Bin Dato Biji Sura @ Wan Abdullah all make BANK disposing worthless shares prior to rout.
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Yes. They must be really, really busy. Gazing at their PC screens all day. Making tons of money trading in and out every minute.

Oh yeah. That must be all they do every day.

5 sen or 15 sen, DreamHunter is not affected.

Becoz he will be holding his 1,010 big lots of WB until kingdom come.

In fact, a low rouble would make Russian exports - including arms exports - even more competitive, especially if they're priced in USD.

Russia is still a fine place for investment. US-led sanctions won't stop serious investors from India & China from going to invest in Russia.

Posted by izoklse > Dec 12, 2014 11:37 PM | Report Abuse

The ruble tumbled to a record for a second day, prompting speculation Russia’s central bank intervened to slow the rout as weaker oil prices worsen the outlook for an economy verging on recession. Government bonds slid.

Russia’s currency is on course for its worst year since the nation’s 1998 default after getting battered as sanctions over the conflict in Ukraine blocked companies from western debt markets and oil dropped into a bear market. Five interest-rate increases by the central bank failed to alter the ruble’s course, while choking economic growth as inflation accelerates to a three-year high.
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Another piece of Russia-bashing, American-manufactured propaganda.

What happens to the rouble is of little concern to Russians. The prices of goods in Russia remain the same, whether the rouble rises or falls, because Russia does not import much foreign merchandise.

A falling rouble only impacts on the richest Russians, those dudes who go spend Russian money abroad.

Tell ya what. Poor OPEC countries, impoverished even further by Saudi greed, would make fantastic recruiting grounds for IS.

For dudes with an axe to grind against greedy Saudis to come within close striking range of some juicy looking Saudi refineries.

Posted by arv18 > Dec 12, 2014 11:17 PM | Report Abuse

Why Sumatec? Why do Malaysians buy rubbish penny's???
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Why are you in the wrong room?

IzoKLSE is earning like 20k a month, and he's now worrying about next year getting only 4 months bonus, instead of his normal 6 months.

Posted by Ring > Dec 12, 2014 11:09 PM | Report Abuse

tks for d comments.
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You're welcome.

Or maybe they'll start some voluntary retrenchment programme, IzoKLSE.

In which case, you, IzoKLSE, would be one of the earliest, frontline candidates.

You know, you do sound like a suitable VSS candidate.

No, I won't shut down my PC.

I enjoy seeing dudes like Ring, AndyChucky, MakeMoneyNow, IzoKLSE etc. getting scared, anxious and panicky, and I then make them even more scaredy catty, anxious and panicky.

Oh yeah. I'm such a sadist.

Posted by izoklse > Dec 12, 2014 10:48 PM | Report Abuse

the country have no choice as both oil and plam oil down. what can Malaysia do to save the country. I dont know. I really dont know.Ringit heading to its previous 3.80 per USD. aiyo.
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So bad ah. Maybe Malaysia gonna become as poor as Myanmar la hor.

Better start learning Bhangali lor like that, so that next time can go work as plantation worker in Bhangala Desha.

Posted by musashi69 > Dec 12, 2014 10:47 PM | Report Abuse

Ring was bullish when he still kept his stock and always posted positive news but now Ring is bearish when he already cut loss and always post negative news.LOL
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Sounds like a dude who has LOST his NERVE. And maybe LOST his MARBLES too. And perhaps gone OFF the rails.

Posted by Ring > Dec 12, 2014 10:45 PM | Report Abuse

Well I will be most happy to see profit for d whole of 2015, can u please elaborate further on yr findings...tks.
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I am not going to. But I will just tell ya to stay cool, stay strong and stay brave, and NOT succumb to fear, or panic, or anxiety, and NOT talk loss, loss, loss, and NOT talk failure, failure, failure, until you actually come to 2015.

Posted by 1star > Dec 12, 2014 10:44 PM | Report Abuse

No way oil bottom soon, in fact oil will down to US45.......in preparation for global Crash!!!
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In which case, you're going to face mighty problems earning extra cash during your weekdays, for you to go splurge at your local club or karaoke during your weekends.

So would I, if I hv more cap to play around with.

Especially for you, Ring:

Suma will NOT show negative balance sheet in 2015.

Suma will NOT show negative balance sheet in 2015.

Suma will NOT show negative balance sheet in 2015.

Suma will NOT show negative balance sheet in 2015.

Suma will NOT show negative balance sheet in 2015.

Ring, I told you already, Suma's business performance is NOT heavily dependent on short term oil price.

But you are still talking as if it is.

Like, suppose someone invades Saudi next week.

Now, who in the whole wide world would still hv enough goodwill left to come to their aid.

Saudis losing goodwill with a lot of guys now.

Posted by Ring > Dec 12, 2014 10:20 PM | Report Abuse

2015 bad year for crude so 60 no way they to go for M&A or collapse.????
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Collapse from what?

Only US$347 bil reserves? Now, for a country with 200 years of oil reserves, that is really no great shakes.

Even little Malaysia, with not that much oil to brag about, has US$135 bil of foreign reserves.

Pretty soon, Malaysia is gonna be richer than Saudi.

Especially now that Saudi is pumping up their oil so fast.

HalimS55, you prefer to deal with a scaredy catty, timid, wimpy-weedy, un-confident dude, I know.

Sorry to disappoint ya.

IzoKLSE, the world economy will NOT collapse even if oil drops to 20, due directly to Saudi's own stupid actions, BTW.

But in such a situation, the Saudi economy will be the one to collapse, becoz it has ONLY oil to sell, and NOTHING else.

And at 20, it will be much, much below break-even, even for Saudi.

No, I am not asking people to do anything. What they do is their own decision. I cannot be responsible for what folks do. I am just giving my POV on things.

If there are some guys who bought at 50, and they wanna sell tomorrow or next week at 15, that would be their choice.

Posted by andychucky28 > Dec 12, 2014 09:59 PM | Report Abuse

Maybe you holding nil suma stocks.
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Nil & Nought would more probably apply to someone like you. Forum heckler, agitator, general disser and downgrader, scaring folks into selling at loss etc. etc. etc.

Posted by andychucky28 > Dec 12, 2014 09:59 PM | Report Abuse

As it you are very happy dreamhunter. Maybe you holding nil suma stocks.
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You can go check my trading account at Kenanga. You want my remisier's office phone number? h/p?

Posted by andychucky28 > Dec 12, 2014 09:53 PM | Report Abuse

Don't talk cork lah here. Your suma drop from 0.60 to 0.185. How many % already?
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So what is your role in Suma room then? Forum heckler, agitator, general disser and downgrader, scaring folks into selling at loss etc. etc. etc.

Posted by andychucky28 > Dec 12, 2014 09:53 PM | Report Abuse

Don't talk cork lah here. Your suma drop from 0.60 to 0.185. How many % already?
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And you reckon I first bought my Suma at 60 then, I guess. Newbie.

Posted by andychucky28 > Dec 12, 2014 09:53 PM | Report Abuse

Don't talk cork lah here. Your suma drop from 0.60 to 0.185. How many % already?
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And why are you still so unhappy?

AI? He failed his engineering studies at UTM. Always too busy politicking rather than doing real studying, you see.

And then he proceeded to get a degree in something much, much frekkin easier ... frekkin unfailable Malay Studies ... at UM ...

But you listen to him talk, of yeah, he knows everything, is the best at everything, can do anything. Oh yeah.

No matter how much oil they have, Saudis live or die on US goodwill.

They don't have any other credible close ally.

Unlike Iran, who hv and will always be on good working/business/political terms with Russia and China, and also many other non-US-beholden countries.

Come on, la. It is not that easy to weaken Russia la.

Nope. Just several months of low oil price ain't gonna make Russia go bankrupt.

You think Russia is a paper tiger geh.

So, yes, Ring, all it needs is some strong signal, some heavy pressure from US, for the Saudis to get the message.

At the moment, the Saudis just pretending to think that the US is okay with what they (the Saudis) are doing.

If I am a service provider, providing specialist services, like engineering, consultancy, management etc. to O&G firms, will my earnings be heavily impacted by short-term oil prices?

Ummm, only slightly perhaps, but not all that much.

Becoz my services will still be required, all the more so for client firms to ensure that their operations remain smooth and running at peak efficiency in trying times.

Ring, you are still under the MISCONCEPTION that Suma is mainly an oil trader, therefore heavily dependent on short term oil prices.

No, it is NOT.

Not yet.

The bulk of Suma's earnings, for the next several years at least, will be from fees obtained as a CONTRACT OPERATOR, i.e. a SERVICE PROVIDER, providing construction, engineering, management, consultancy etc. to associate companies Markmore Energy and Caspi Oil & Gas.

Saudis are playing a dangerous game, no matter how legitimate they feel their actions are.

Their irresponsible behaviour, thinking only of their own obscene wealth and not giving much of a damn to the fate of folks in other oil producing countries, could be their very downfall in the end.

Just imagine it, hundreds of thousands, maybe even tens of millions, of struggling folks in countries ranging from Libya, Iran to Venezuela. What if a few of them get angry enough that they start going to Syria-Iraq and joining IS, not out of any altruistic religious zeal, but simply to get themselves within striking distance of a few Saudi refineries.

Not an impossible scenario, I tell ya.

OptiMouse, I hv my own valuation for Suma. It is based on real company fundamentals, as proven by recent quarter earnings reports, for instance.

It is completely independent of negative short term sentiments & perceptions.

RM24.6 mil profit from RM42.2 mil revenue, for Q3, 2014. That is all I need to hold on to, for now.

Not the panicky selling behaviour of a herd of scaredy catty short term players.

And what good did AI do when he was finance minister. If he was allowed to hv his way that time, Malaysia would still be owned by IMF now.

Posted by DickyMe > Dec 12, 2014 05:42 PM | Report Abuse

"In October, US-based urban development researcher Demographic said that Malaysia has a “severely unaffordable” residential homes market, with housing even more out of reach for its residents than in Singapore, Japan and the United States."
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And what does any of this have to do with Suma.

paper loss = loss on paper = unrealised loss = imagined loss

It ONLY becomes real if one performs a real sell action.

Other than that, it remains unreal and imaginary.

Those who hv a propensity for spreading fear are often timid minded, softy-hearted, fragile souled, scaredy cats themselves.

Look at LuluCF and Nancy Tang.

Just a couple of fragile, willowy ladies, one might be forgiven for thinking.

But when all the big, strong men around them are sweating, shivering, shaking and trembling with fear, worry and anxiety, these two uber-females are taking everything in their gentle stride and not even batting an eyelid.

A record low is a price to buy.

Not a price to cry.

A record low is a price to buy.

Not a price to sell.

So

Big deal

YK, you know who them dudes are who are still selling at 21? You think they're all selling at profit?

Naaaahh. Most of them dudes who're selling at 21 are all selling at loss.

You know why? Well, you hv to ask them.

Maybe they know some new version of mathematics that we don't.