what is causing this global sell down?

yes bro. it is all red!!! u dont see this happening many times..... :(

what is it happening to smrt????????

what announcement?

then fly to RM 2

when transfer to main board, sure RM 1 can reach. RM1.20+

this is just a natural correction

smrt easily above RM 1 shortly

nooo

how to convert WB to mother?

how to covert the warrant to mother share?

.60 by end of sept.

how to convert to mother share?

Halim Saad Set To Raise Stake In Sumatec
To 32%
PETALING JAYA: Sumatec Resources Bhd’s major shareholder Tan Sri Halim Saad
says he will increase his stake in Sumatec to 32% from 22.06% currently as he is in
the company for the long term.
This will be done through the subscription of new shares arising from Sumatec’s
acquisition of the Buzachi Neft oil field that is estimated to cost the company
US$350mil (RM1.12bil).
In the proposed acquisition, Sumatec would undertake a rights issue which Halim
would subscribe for his portion. Halim will accrue the additional shares by purchasing
a block that will be put up for sale by a vendor of the Buzachi asset.
“I see Sumatec as a stable flagship for my investment in oil and gas. I am here to
stay for the long term,” said Halim in a statement.
Halim, who has about 22% stake in Sumatec, estimated that it would cost him some
RM550mil to increase his interest in the company.
On Friday, Sumatec exited its Practice Note 17 status. Its shares closed 1 sen higher
to 47.5 sen on volume of 175.2 million shares yesterday.
Last month, Sumatec announced that it was looking to acquire the Buzachi Neft oil
field from Borneo Energy Oil and Gas Ltd that has a proven and probable oil
reserves of 68.86 million barrels.
Sumatec has said that the acquisition price translated into US$3.63 per barrel.
The US$350mil consideration will be paid via US$225mil (RM720mil) cash and
US$125mil (RM400mil) worth of Sumatec shares.

substantial shareholders and directors are buying in...............

unlikely

Sumatec: Halim Saad set to raise stake to 32%. Sumatec Resources’ major shareholder Tan Sri Halim Saad says he will increase his stake in Sumatec to 32% from 22.06% currently as he is in the company for the long term. This will be done through the subscription of new shares arising from Sumatec’s acquisition of the Buzachi Neft oil field that is estimated to cost the company USD350m (RM1.12bn). In the proposed acquisition, Sumatec would undertake a rights issue which Halim would subscribe for his portion. (StarBiz)

the core business of this company is very well demanded by the market. strong room for development

good fundamentals, very good quarterly results

airasia RM 3 by the end of october

will shoot up to 0.350 next week

this is dsonic-ca right?!?

will fly next week. .60 by end of sept.

.80 by the end of sept. :))) upupupupup

great... next week smrt shoot upupupupupupup !!! :)
RM 1 at the end of sept. smrt-wa :))))))

yep definitely

true TP 0.3

Tua_Tua_Ki

yep. correct. that is why financial reports are delayed.....

sumatec will fall drop huge to 0.3 ... what if PN17 lift delayed???

yeah. technically definitely bearish. accumulate more

people keep faith and see friday....

insyaallah , you are right!!!

correct!

ifca will hit RM 1 by year end

i believe in it

from 0.2 to 2 in less than 1 year

to rapidbeginner: yes IFCA has huge potential to follow DSONIC trend

disregard short term... go for long term better $$$$$$$$$

guys IFCA MSC will be the next INARI....

it surely will bounce back

read carefully...

http://www.thestar.com.my/Business/Business-News/2014/07/12/GLCs-take-up-stakes-in-Reach-New-rules-open-the-way-for-LTH-Felda-and-Mara-to-buy-into-Spac/

ifcamsc, ifcamsc-wa

in august pdz will triple

http://www.thestar.com.my/Business/Business-News/2014/07/24/Reach-Energy-entices-investors-with-free-warrants-under-IPO/

good news :)

http://www.thestar.com.my/Business/Business-News/2014/07/24/Reach-Energy-entices-investors-with-free-warrants-under-IPO/

.290 up up up :)))

why???????????????????????????????

no movement today?!?!

why mpay going down???