EPS 6.99c only....................too pricey!

extract:-
22 May 2014
SUMATEC 1st 31 Dec 2014 13,743 4,736 0.15
- 13,743 4,736 0.15 - 0.1420 Unaudited
EPS adjusted to 0.15 c not 14.19 c after adjusted...
At this price 41 c , already too pricey....

buying support fizzles out in the afternoon....?

very big volume and gapped up in 1 single day .....followed by no volume signified no support , so must be very careful...

yes 0.25 now and next year another 0.25....up...up , so how good will the property be?

buy on rumors but sell on news...

yes, road blocks at 27 c and 28 c waiting white knights to save them ...but when it secured contract comfortably , all the road blocks will be removed voluntarily...no fuss.

earnings 6.99c per share ...very overpriced ....To me , buy other plantation counter better coz not fully tested and the management is new n raw in this line , next Qtr will be a different picture given the uncertainty in plantation sector....

a bit worry coz the vol is too small to support at this level, it may retrace back a bit ....anyway long term is intact.

another bumper dividend in August!

mcm dah dapat contract...! anyone got inside news?

cepat eps is 7.92 much higher but its stock price is very much cheaper...@1.02-1.03 only !

eps 6.99 c under plantation stock...., for me the price is 70-80c only...given the uncertainty in plantation sector.

less buyers? may be a trap...

weakening detected in price and volume , something going wrong...

after ex , it will trade along the RM 2.00 margin or higher when it is more liquid after the exercise.

even without madiba , the stock will move up irrespective who created the road blocks along the way when the result is finally known.

I think TP 8.11 will be impossible....

weakening detected in the afternoon...

as usual gap up shares presented greater risks of price adjustment . In this case it had shot up more than 10c for 30c share coming to 25 % increase...good job done!

chances are the said contract already in hand and that is the reason why it shot up , only people inside will know....Those who had painted dropped below 20c or lower will not get any more chance of cheap sale as from now coz many had known their irresponsible tactics to run down the co when the result was not known yet , those who had been conned into selling will be greatly disappointed. Especially , those contrarians....had long kicked their buckets...when the contract is known , this mpay will be a very much different animal coz its price will gap up double of today closing price amidst some retracements in between.

some others still mentioned unknown tech counters and claimed experts in it esp specialised in GST.....etc..., thus to dispel the news I had to put up again...just to remind , nothing else..Bernama news are related to custom which has appeared in today sin chew also....

11/07/2014 14:02

Announcement Date

Ex Date

07/07/2014 Others STOCK SPLIT 2 : 1 ex-18/07/2014
07/07/2014 Bonus Issue BONUS ISSUE 1 : 1 ex-18/07/2014

buy b4 18/7 ie 17/7 or earlier when there is market . 17/7 is thurs so still qualify for bonus and split. on 18/7 , no more coz already ex- all.

sellers trying to intimidate buyers by selling more volume at every bit in order to get a much cheaper price , those sellers are contrarians to unload b4 d day . by next week most of them will be wiped out totally and Seal can start fresh.

d day....coming soon....no more time to speculate, will soon see wonders...

up n down....will back to 119 support....

http://www.theedgemalaysia.com/highlights/271942-sources-mpay-iris-among-4-firms-bid-to-manage-tourist-refund-scheme.html
only 4 firms listed....so all the others are bullshit....

http://www.bernama.com/bernama/v7/bu/newsbusiness.php?id=1052841
Customs Dept In The Process Of Selecting Tourist Refund Scheme Agent

look like road block at 23....

LAI LIAO.....

change of boardroom , change of audit committee ,new issue of securities and private placement, having cash reserves , co is making money and buying up asset , so even without eTRS GTF , still will move on but with eTRS , will be a boom....to the co.

not many has lost money in this counter until now, so the chances of falling knifes is negligible unlike other inflated counters where research houses had painted all colourful pictures even pe more than 90x , eps only 5 c , still give a TP 8.00? Just wonder , how they manage to do it after the projections done on future growth prospects where no one knows...

earnings still intact at 50c per share...now is trading pe 2-3 only , value buy...no mistake...

may be this afternoon or else next week to see any fundamental reactions...

u need to buy more lots to get 100 shares dividend for sure..anyway the ball game has started....as expected ....

eps 5.66, pe 92x is very pricy given the fact that property esp in Iskandar will face the glut in future...and will affect a lot to this counter...

bonus 1 for 1 and dividend in the form of treasury shares distributed to shareholders at 1 for 125 ex all 16/7. yes , the stock price will be adjusted but usually will be much higher after adjustment exercise . That's say current price 384/2=192 (*2) + 8 shares in the form of dividend if not mistaken...But I think it may trade around RM 2.00....

once buyers pull out from Q 130....it will just retract to where it suppose to be...beware!

consolidation phase 128/129, no more sellers to push down the price as the eps is 50c and may spring up again ....just see...

chances of mpay got the e TRS GTF is great.....just see the outcome of WC between Germany and Brazil , the result is astounding and bewildered...same as mpay....something is brewing already..Disclaimer

385/386 selling bigger volume to entice sellers , so they can collect much cheaper shares....by maintaining buy low at low volume 2-4 times lower...

weakening detected....may back to its original place again coz lacked support...

just hold tight if u r confident ....the deep drop will reciprocate by a sudden rise soon.....cum announcement soooooooooooon! Disclaimer...

weakening detected, so may correct back to 127/128.... but long term still intact.

10/07/2014 15:17

any pushing down is opportunity to buy , I doubt any more sellers when the D day is nearing! It may gap up soon...just watch carefully....

if break 46....it will go back to its ori place at 39/40....pn1 counter also...

if break 179...bad luck , will be back to resistant 174/175.....just caution...

very oversold...........the drop is too steep , I think the rebound will be at any moment cum announcement ....soon!

10/07/2014 14:49

Madiba ....had done a fantastic job b4....now is puasa month , so respect given due respect!