Oh...Ok...Tq Dragon......Aiyo......still long way to go.....

Anybody know how many more Tekad tak Mulia and Lautan tak Biru shares still in their hand? Its quite sometime that they declare selling in Bursa.

New inspector only demand ticket priced between 29.5 cents to 31cents only from old inspector until all tickets from old inspector finish.........until when? God knows.........

Status Quo..........

Kangkung adalah......hahaha

With billion shares in this counter and the overall market is weak, it is incredible that it could withstand selling pressure with the magnitude of volumes. I believed most of us are long term investor. For e.g I had been holding LBS for more than 8 years and finally last year I sold off everything with a very handsome profit with dividends and with this fund I had been collecting Suma because I believed and confident it will bear fruits in the near future. Like I had posted earlier, I am confident that it will come out of PN17 without any problem at all.

Strategist dont worry so much, we are adult, we make our own decision. When I said it is a miracle it drops 1/2 cents, I really meant it is a miracle. Other shares would have drop more.

No miracle?.....I guess it is a miracle that it still only 1/2 cents down when the market is bearish.....

No miracle today???

Good sentiment means good money.......

Aiyo.....'topui' also here.........

Read the STAR online, I just copy a caption of it as follows:

KUALA LUMPUR: Sumatec Resources Bhd expects first oil production under its management at the Shelley oil field to be about 150 barrels of oil per day.

It said on Monday that first oil production from the oil field had started three days ago (Jan 25).

“Oil production at the second well will follow in about two week's time as planned,” it said.

I guess can go in to collect more.......last chance.....this is my view.......

By looking at the quotes, a lot of people are buying at 31cents and 31.5cents.......so dunno.....to joint in and buy or not????

Based on stock news, it is suspended for one hour only.....thats interesting:

SUMATEC-Trading Halt
LISTING'S CIRCULAR NO L/Q : 69732 OF 2014
Kindly be advised that the trading in the above Company's securities has been
halted with effect from 9 26 a m , Monday, 27 January 2014 and will resume with
effect from 10 26 a m , Monday, 27 January 2014
Your attention is drawn to the Company's announcement dated 27 January 2014
VICE PRESIDENT, ISSUERS

Confirmed HLT suspended....

I think confirmed suspended........

Yes Mr Looiks, will see whether your workouts pays off.......I hope you had prepared your cookies with the high powered Industrial oven.......hehehe

Would not be surprise if KLCI drops more than 30 points...........

At this moment, looks like it will open at 30cents.............

Today we will see whether Suma Bull could wrestle with the bear or not......with the old shareholders desperately disposing their shares to meet their commitments and dateline plus the dow had drop more than 300 points, it would be interesting to watch whether Suma is resilient enought to face all these onslaught. At least at the end of the day if it could show a green closing despite others being in red, it will prove that Suma will be a favourite among investors. For the next few days if Suma can weathered the hurricane, a lot of investors will be flocking into buying Suma shares. These are only my personal views and decisions are yours to invest.

Ciak beh liou.......

So far could not find any written report on the latest status...........

Go to Sumatec webside, look under News & Media, then under Press Release....... it is a 31st Dec 2013 report under Mobilisation of the workover..............

Sideways I guess until after CNY.....next week maybe quiet as many had gone for holiday.....

correction..two consecutive qtrs....

I believed this from the last qtr of Oct'13 to Dec'13 and it is from the non operational profit. My opinion, without knowing what exactly being promised to Bursa to approve the regularisation plan, the second qtr following the Oct toDec'13 qtr would be easy for Suma to achieve profit as you can always bring forward some unrealised profit in the previous qtr thus would be able to achieve to consecutive qtrs of profit. Thats why I think to get out of PN17 should not be a problem. This is just my personal view.

Baking cookies after 5pm.......hmmmm.......must be for dinner or supper.........

Just managed to collect some at 30 and some at 29.5..........

Last chance......selling at 30cents.......

Good found karat water.....expensive one and black in colour......called oil. Also good to call toilet paper and it is actually....oil paper......hahaha

29cents also can reach.......better see tomorrow whether can go lower......

In my opinion getting out of PN17 should not be a problem......maybe good to buy now and keep.....

Well now for those who wants to buy at below 30cents can do so but in my opinion wait until the price stabilize then decide.....

Well, I got what I want.....anyway like many suspected when the other party still hold a lot of shares to throw......it will be hard to push without disturbances from them.....it is better happen at the lower price rather at the higher price when the price goes up......

I did manage to buy below 30 cents, the lowest 26.5 cents but not much......anyway got to go bye.....

No lah dragon, I had bought before the rights, after the rights and being accumulating ever since with various prices.....unfortunately I bought a lot before the rights at high price and immediate after the rights......not much bullet remain so hope to be able to get lower average price possible.....

Miss 30 cents.....soooon next week or the week after......hahaha

30 cents coming......come to papa.......

What would it be.......kangkung or oranges for CNY?........hahaha

Nope, dont think today, seller stack up to 32cents.......

Not just yet, new engine need to tune up, maybe few more days in my opinion.......if the engine respond well maybe it will start earlier my guess......for now zzzzzzzz.....

Most probably nearing CNY and continue after when people on holiday......my opinion......

No prob mmk79, I guess sideways today........

This is what I get from internet:
Gearing Ratio = Long Term Debt/ Share Holder Equity
Gearing Ratio = Long Term Liabilities/ Capital Employed
Capital Gearing Ratio = Equity Share Capital/ Fixed Interest accepting Funds

Morning all.......soooooooooon!!!!!!

Triplets........

Just want to check with you Noraini, to be able to come out of PN17, the company must have two quarters of profit, right? Is there any amount of profit do Bursa impose for this company to come out of PN17?

Noraini, sorry for the late reply on earlier, had to attend an appointment. Thank you anyway.

Pn Noraini, do you think this ssituation will be until CNY?