LTAT Is best friend of Glotec boss, sure they will sup port as well

Today price drop very small amount transaction. If they really want press down the price. Amount will be huge

Today drop expected and well absorb. Glotec need some rest before move higher. It is normal.

They sure need to revise the MGO price. Price will up since everybody know about the plan.

Today should sell down, but.....so jgn mimpi akan jatuh lagi....Time to north

This is why price going up....new asset, pls study, do not just follow, if not get burn

Ronaldo99, the Asia investor is glotec

Just tell the truth here, do not misleading info, some people they just follow, no digging

Indonesia's government promotes exploration of CBM and shale gas, alongside conventional crude oil and natural gas projects. The Indonesian Ministry of Energy and Mineral Resources estimates that the country has CBM reserves of 453 Tcf based on preliminary studies. In 2007, the Indonesian government started awarding CBM blocks in the South and Central Sumatra basins on Sumatra Island and the Kutei and Barito basins in East Kalimantan. Singapore-based Dart Energy and Indonesian PT Energi Pasir Hitam began CBM exploration activities in East Kalimantan in 2013, with the goal of supplying both power plants and the Bontang LNG facility. The government anticipates CBM production to reach 183 Bcf per year by 2020.
There is currently no shale gas production in Indonesia, but policy makers are interested in exploring the country's shale oil and shale gas potential. In April 2012, the Indonesian government initiated four shale gas study projects and expects commercial shale gas production to begin by 2018. As of December 2013, Indonesia has awarded only two shale gas PSCs for the Sumbagut block in North Sumatra, both to Pertamina. The Sumbagut block is estimated to contain about 19 Tcf of potential shale gas resources. EIA estimates that Indonesia possesses 46 Tcf of total recoverable shale gas resources. A major challenge to the growth of the shale industry is the cost of exploration in Indonesia, estimated to be as much as four times the drilling cost in North America because the deposits are far from demand centers and infrastructure needed to transport the gas.
Indonesian natural gas production initially was exported, but the country's declining oil production led producers to shift increasing gas volumes toward domestic consumption. In 2012, Indonesia consumed 1,329 Bcf of natural gas, or slightly more than half of its total dry gas production. Although the industrial sector accounts for the largest portion of domestic consumption, industry analysts expect the power sector to be the most significant driver of future consumption growth. Indonesia's Ministry of Energy and Mineral Resources stipulates that gas supply be allocated to the needs of enhanced oil recovery, the fertiliser industry, and the power sector before any other sectors.
State-owned Perusahaan Gas Negara (“PGN”) controls the midstream gas market and the transmission market, operating more than 3,600 miles of natural gas transmission and distribution pipelines. However, domestic distribution infrastructure is almost non-existent outside of Java and North Sumatra. PGN began operating the South Sumatra-West Java pipeline in 2008, providing an important link between the gas- producing region of South Sumatra and the densely populated market of West Java. The Grissik-Duri pipeline is another important domestic transmission pipeline, as it provides gas to Chevron's Duri oil field for its steam flooding and power generation activities.

The energy sector continues to influence the economy to a large degree. Oil and gas alone constituted one- fifth of merchandise exports in 2012, according to IHS Global Insight. In addition, revenues from the oil and gas sector accounted for 24% of total state revenues in 2012. A combination of healthy growth, market reforms, and a stable government has encouraged rapid investment, particularly in the commodity sector. Moody's Investors Service and Fitch Ratings both upgraded Indonesia's sovereign risk rating to an investment grade status between late 2011 and early 2012.
On the other hand, investment in infrastructure was around 3% of GDP in 2011, well below most of Indonesia's neighbors, according to IMF data. The government signed land reform legislation in late-2011 to pave the way for more private sector infrastructure development. It also unveiled a new development strategy in 2011 (Master Plan for Economic Expansion and Acceleration 2011-2025) that emphasised more private sector involvement in infrastructure expansion, such as wider use of public-private partnerships in the oil and gas sector. Despite these efforts, many infrastructure projects continue to be delayed, and regulatory challenges and uncertainties have reduced predictability for foreign investors.
Indonesia possessed 104.4 Tcf of proven natural gas reserves in 2014, down from 108.4 Tcf in 2013. The country ranks as the 13th largest holder of proven natural gas reserves in the world, and the second-largest in the Asia-Pacific region, after China. The country continues to be a major exporter of pipeline and LNG. At the same time, domestic demand for natural gas has doubled since 2005. Natural gas shortages caused by production problems and rising consumption forced Indonesia to buy spot cargoes of LNG to meet export obligations in recent years. The government began constructing new LNG receiving terminals and gas transmission pipelines to address domestic gas needs, although this is likely to reduce the natural gas available for export.

Indonesia is the most populous country in SEA and the fourth most populous country in the world, behind China, India, and the USA. Formerly a net oil exporter in the Organisation of the Petroleum Exporting Countries, Indonesia struggles to attract sufficient investment to meet growing domestic energy consumption because of inadequate infrastructure and a complex regulatory environment. Despite their energy struggles, it was the world's largest exporter of coal by weight in 2012 and the fourth-largest exporter of liquid natural gas (“LNG”) in 2013. As Indonesia seeks to meet its energy export obligations and earn revenues through international market sales, the country is also trying to meet demand at home.
Indonesia's total primary energy consumption grew by 44% between 2002 and 2012. The petroleum share, although decreasing, continues to account for the highest portion of Indonesia's energy mix at 36% in 2012. In the past decade, coal consumption nearly tripled and surpassed natural gas as the second most consumed fuel.
Indonesia's total energy demand is closely linked to the country's economic expansion. According to the International Monetary Fund (“IMF”), Indonesia sustained relatively strong economic performance throughout the global recession, with an average gross domestic product (“GDP”) growth rate of just under 6% per year between 2008 and 2012. However, in 2013, GDP growth fell below 6%. Overall, the energy sector (including electricity) constituted 15.6% of Indonesia's GDP in 2012 and has held roughly constant at this level since 2005. Net foreign direct investment more than doubled between 2008 and 2012 but shrank by roughly 15% in 2013.

Or maybe Contra player - t4

Who sell today, they just buy without know Future glotec

Even what happen today, don't sell, grab more

Yes, it is glotec

http://www.proactiveinvestors.com.au/companies/news/52762/nuenergy-attracts-asian-investor-for-indonesian-coal-seam-gas-project-52762.html

Same happen to Sumatec, after 2wk, shoot up

85.56 million share Trade off market, who buy ? Institutional ?

Any comment for hydroelectric power invest by glotec, any related with gas ?

Dun worry, you can see glotec volume, now many people realize glotec future

UMA reply, now eyeing hydroelectric power business. Globaltec restructuring. Don't Care about the loss , most important bright future

Resistance 0.14, to form cup pattern. Pecah 0.14, will fly higher

Nallayak, Globaltec no sell down, even today panic also still up

Break 28, flying

You can sell if you want , nobody will halang you

Furthermore, fundamental also become strong even I'm not depend on it

I'm technical guy, not fundamental. You can refer chart if not understand. Bullish is promising.

Tomorrow limit up, no more laugh

#Flash* IFCA MSC 2Q profit grew 419% to RM3 mil
Written by theedgemalaysia.com
Tue Aug 19 2014 07:34:23 pm
Flash: IFCA MSC 2Q profit grew 419% to RM3 mil

Hope can have boustead connection in future.

Don't forget, LTAT is one of shareholder .

Instaco in bullish mode, slow and steady

Once break 0.28, possible to go higher. If no break, no chance.

Only you throw, other collect!

Xiaomi, you will get 60k right issue and you need to pay 0.20 for each right issue if you want subcribe it, else, you can sell it at open market start from tomorrow, 8/8 in 1 week trading day. If You don't want to subcribe / sell it, no need to pay anything since you got it Free, so nothing to loss.

Related to LTAT / Boustead ? Coincident, same moving with PFCE ?

Just started , volume coming, if think to collect lower, forget it, will miss the boat ? Time to move...

Volume coming

Start to move

Next week, should slowly up, base on chart, will form cup before continue uptrend

http://www.theedgemalaysia.com/business-news/299289-pdz-appoints-pelaburan-maras-group-ceo-ahmad-nazim-as-md.html

Now everybody realize Sumatec potential compare than others Oil company, + cheapest

Price will go Beyond 50cent, up to 0.80 resistance before will move further upward. Price should be up trend until Ogos.

Next week should start to move, base on chart will Form cup in matter of time, now is bottom Line price already

Complete forming cup and handle, next week should up and after resistance will move up

Just started , more coming next week

Next week, above 0.50, grab before today before too late

SJ Securities’ Senior Remisier Goh Kay Chong told theedgemalaysia.com that institutional funds were buying into the stock.

institutional funds start to join

http://www.theedgemalaysia.com/business-news/298459-hot-stock-sumatec-shares-warrants-active-after-najibs-brother-joins-board.html