anyway wa saje teka teka blow blow water la..ala betul or not . wa tak tau kaka

u might ask why suma hire cto ? if suma current staff got people can really handle oil fields dev . lia tak payah hire cto lor...if i m correct after ceo chris dalton left... sumatec staff cant handle oil fields dev work well.. cant pump more oils. so itu bangsai md duduk sana 1 tahun lebih..

ini maciam ciakap . lu ala faham ah.....klu tak bole paham ..

comp A hire you as oil n gas expert. tapi comp A tala oil fields ....so u duduk sana 4 tahun lor.

lu tau baca wa pinya post or not...cliq tala oil fields ma. maciam mana kerja ? lu baca ala fikir or not...klu ala oil fields tak payah tutup kedai lor

i suspected la dulu itu ceo Chris. tak bole perform..kerja at oil fields failed.. thats why kena fired .

you might want ask why duduk 4 tahun . cliq got acquired oilfields meh ? no oil fields . no kerja la. make sense ? takan u go work on hibisc oil fields right....aiyoyo

aiyoyo sumatec sula higher CTO to work on oil field ma. halap ala good news lor ...by end of 2017 3500 barrels of oil wor.... aiyoyo bole update quarterly itu progress ga ?

http://www.nuenergygas.com/investor-centre/quarterly-reports/

correct ?

account ala 476 k but estimate outflows next quarter is 1.35 m

announcement dated 1/19/2017

account tala lui lor.....

http://www.nuenergygas.com/files/6114/8478/0838/NuEnergy_December_2016_Quarterly_Activities_Report.pdf

http://www.nuenergygas.com/files/6214/8478/0671/Appendix_5B_NGY_2016_December.pdf

aiyoyo dream lu sula onboard glotec ga..

wa ciakap wa pinya company. wa juga blow water lor aiyoyo

aiyoyo...halap CTO ala kerja now lor aiyoyo

wa company may take over petronas by end of 2017..2018 first half take over Aramco.
you blow water u can blow big abit ma. 3500 barrels by end of 2017 ? so little ah ? ciakap 350000 barrels better lor.

only talk . no action. execution on work plan is zero efficiency. talk n talk..wa comp bole pump 100 m barrels of oil by end of this month.. sumatec so far is blow water king la. dns management.

its a Chinese myth. god create human on the 7th day.when this world first begin.

i m not smart or wat . jus that some people are naive. did you ever wonder most local investment bank or skl still didnt recommend you all to hantam oil n gas counters ?

lagi lor klu saudi mau plan to cut production after 6 months. you think now saudi so sohai to tell reporter
that they plan to do so ah ? if you go war. would you tell yr opponent that what is your plan ?


read news .pakai yr otak to think n digest la. some people here are hou len naive one.

skl ciakap u s shale rump up product lor....ini dns pinya skl lor.
dulu oil 100 usd jatuh sampai 32 usd. since 2014 dec till 2016 shale oil production drop 1 millions . now non U S oil producer countries wanted to cut 1.8 millions. lia keep ciakap u s shale will come back.. come back at what rate ? tala ciakap..total production how much as compare to 2014 dec peak ? tala ciakap. hanya ciakap shale oil will come back pump more oil...can estimate this year shale bole increase how much ? dns. shale oil 55 most of then can only break even wor...bank now prefer them to improve cash flow first wor. lagi mau spend money drill more well ah ?

2015 2016 2017 . demand growth each year around 1 millions barrels. so this year shale oil can pump 1 mollion barrels extra to cover world oil demand growth ? plus non u s 1.8 millions barrels cut. oil price really cant go up ah if shale oil increase production tis year.
1.8 millions cut should be able to drive down oil stocks globally in first half of this year.
those skl said shale oil coming back will prevent oil price increase , lia simply ciakap . ya shale oil production will up this year but can increase how many barrels ? dns skl.

noted nomanland

satu Kali sapu 0.075 ini.

need to rebound from 0.07 baru boleh.

goid morning nomanland. thk for yr posts n sharing

nomaland wave 1 length 0.55 to 0.1 = 0.045
wave 1 length = 0.045

wave 2 length 62 % of wave 1 length . 0.62 x 0.045 = 0.027.9 .
0.1 - 0.027.9 = 0.0721 . current price at 0.07 . suggested wave 2 is ended ?

wave 3 length is
either 1.62 x 0.045 = 0.0729 > TP = 0.07 + 0.0729 = 0.1429
OR 2.62 x 0.045 = 0.1179 > TP = 0.07 + 0.1179 = 0.1879
OR 4.25 x 0.045 = 0.19125 > TP = 0.07 + 0.19125 = 0.261

TP = Target Price

ala betul nomanland ?

nomalang how u know it will rebound from 0.065 0.07 ? 0.07 got strong support.

ok so suma shorterm urgent debt total is 300 M right ?
so lagi ala default news coming soon ? vessels default 75 m ? this bond claim amout 80 m ?
lagi ala 150 millions pinya debt ? when will default again ?

kasi satu kali out lor

pn27 is wat ?

if it didnt agree with suma view that suma is not obligated to pay the bond termination claims ?

SC can disgnate suma into PN 17 ?

0.07 will be gone la....usually long buying q will be cleared near 4 pm plus ..aiyoyoyo

This bond loan was created before Tan sri took over sumatec.

now suma is on the oil and gas biz. I believe this case will be dragged one or 2 years in the court .

sumatec with the oil price recovery ,
will have good prospect . This is only true if it can work over it old oil wells or dig some new oil well.

They recently hired CTO , looked at his profile . look like a expert in oil field development.

Hope sumatec can ramp up the oil n gas development lor...aiyoyo

so what is the next action for Bursa after receiving sumatec's reply to the bond ternination query ?

maciam mana implement RI ? if now announce RI ,people will buy it ? i guess RI is not on near term.

now you only know ah ? last friday hit 55 and go back to 49. you should had foresee this . not i am SKL.

aiyo itu train mau jalan lagi lor...after pass by station 0.1.. say hello to 0.2 station lor...

aiyoyoy Dream kasi diu nia sing sama itu 3 olang ah aiyoyoyo

aiyoyo tengah malam ini ah Dream jaga reban ini

0.1 0 .105 are Resistent...

so good people Ozzie . aiyoyo mr roy mau jadi good boy lor

aiyoyo 1.5 tablets sula veli ngang lor....wakakaka

so this announcement should clear the doubt that suma might default lor..
come monday ala naik or down ? aiyoyo

aiyoyo ok noted....steady . thanks ozzie and nomaland

how firm is sumatec in this case legally ? sure win ? if yes ..monday 10 cents ga?

huh boleh ciakap ini maciam ga ? aiyoyo

mean bondholders, don't worry, we will pay after you try your luck with Hoe Leong, and others.

Ozzie can help to read read ?

how true is that sumatec is not obliged to pay the 72 m. ? ala lawyer ga in reban ? kasi confirm abit read read the agreement. klu betul. suma monday 10 cents lor...klu tak betul... aiyoyo 5 cent ala ga ?