U know dream"s"... that dream by that stupid old dreaming old man aka sodom aka dc... means that HS will be the richest man in Malaysia... haha ... loyar buruk betul... hahaha

SODOM... stupid old dreaming old man... haha

No need for RI...??!! empty vessel or empty head? Haha.... no cspital... still thinking no need for RI? wow.. dream"s"conqueror... u have so many great info about this "liar" old man.... not a kid huh? Ok ...ok ... old man ... haha

Actually sold wb at 55? Or is it 27? Haha.. then bought glotec at 10 cents? And now glotec ranging from 7 to 8 cents? Haha ..kantoi... kantoi... hahaha ... "actually" ... so whats not "actually" ... haha

Rahsia sudah pecah... trapped in glotec and now writing arrogantly in suma forum again... haha... liar liar liar exposed

Haha.. may be he sold already his wb and bought glotec... and now claiming... still ... to be the protector of suma... haha... glotec 1.40? Haha

Im willing tu put my money into dc's mouth... haha

In your dream... haha

Wow... haha

Haha

U.S. Stocks Sink With Oil, While Brazil Assets Decline
By Nick Gentle and Stephen Kirkland
October 27, 2014 9:32 AM EDT

We'll see then who is the "kid" ... haha

79.59... lower and lower... haha

Menang sikit sudah sombomg.. lu tak tau.. rugi besar menanti di esok hari .. haha

It may reach 75 tonight... haha

Now 79.63 ... haha

Tomorrow u die ... haha

Now 79.69..haha

The data are all there.. dont follow the herds... its just pump and dump... contradicting the fundamentals and weak market

Crude oil wti is now exactly usd80... haha

From 45 cents to 30..and now 355? So happy huh dc? Whose the dickhead.. why calling me dh... u the dh .., me always wrong?? Its very clear who always dumb in predicting.... confirmed this is the arrogant dh.. fyi.. u're not winning yet... remember when u said it wont break 40? Well well whose talking now...

Enjoy while time last

When oil price reaches 70 or 65 .. I will be very sorry for all dreamers here... what I shame... dont gamble... this is not a worthy counter to gamble... the odds is too low... I will pity u unfortunately

Saudi biggest customer is china
reasons for them to reduce oil price might due to
1. China asking saudi to do it because china need cheaper price ... still more development under progress in china... what the heck... its saudi biggest customer demand... this action is based also on future trade with china that will overtake usa as the top economy country
2. Saudi is involved in price war with other opec members for export
3. This can reduce usa shale oil boom
4. Also reducing russia and its partners progress... syria and iran... which are enemies of saudi
5. Saudi can cope with usd$70 per barrel.. afterall they have usd2.3 trillion usa treasury bond to be dumped.
6. China has better position compared to saudi or russia in oil price negotiation... afterall china has just a great contract to import oil from colombia and its oil import from saudi was reduced significantly in august


7. World growth is not promosing... more downside ... doom for sumatec

Usd65 may come and sumatec will be priced under 20 cents.... we will meet there feeling sorry and happy simultaneously

Buyiny the borneo shale oil company and issuing RI are wrong steps to be taken amid 20% oil price downfall .. at least WTI and brent crude oil will fall respectively and thy have high odds to fall by at least another USD$10 per barrel.. around usd70 to usd 71 ... and it could even goes to usd65 .. for a company like sumatec with no capital... its doom ... do you know that for a non oil shale producer that a reduction by usd20 that has just happend will reduce their margin by 2/3 .... what could a shale oil company with low efficiency like sumatec do to survive... doom...

Do check harold hamm betting position.. he's in deep trouble.. just like u dreamer

Harold Hamm is just pretending not to be worry because he's betting billions of usd... his money and his company's money in long oil futures contracst... thats a very simple and just answer for u to consider your immature thought

http://en.m.wikipedia.org/wiki/Snake_oil

here the link u're asking to see... hahaha

so many people with poor english knowledge...kikiki

snake oil salesman

By extension, a snake oil salesman is someone who knowingly sells fraudulent goods or who is himself or herself a fraud, quack, charlatan, or the like.

@rlch... dont u know that suma has million barrels of SNAKE OIL ?

Demand decreases... supplying decreases. .. production increases ... economy is slowing....competition for market increases...price discount competition increases... there u go...suma with no money for operation..want to buy a losing company..asking money again from investors... only one path... doom

Oversupplied by more than 1million barrels per day... doom...the economy is slowing

Even if sumatec is a good company (I doubt so)... it cant control its doom future.. due to doom market

Saudi Arabia’s Crude Oil Supply Said to Fall in September (But Production Increased)
By Wael Mahdi and Anthony DiPaola
October 23, 2014 11:07 AM EDT

The amount of oil Saudi Arabia supplied to markets fell last month, according to a person familiar with the country’s oil policy. Its production climbed.

The world’s biggest crude exporter supplied 9.36 million barrels a day last month, a reduction of 328,000 barrels daily from August, according to the person, who asked not to be identified, citing policy. The supply figure excludes what’s stored. Saudi Arabia produced about 100,000 barrels a day more than in August, the person said.

Crude collapsed into a bear market this month as Saudi Arabia and other producers deepened price discounts for their oil, amid speculation they’re competing for market share in Asia. Global supplies are rising as the U.S. pumps the most in almost three decades and Russia’s output nears a post-Soviet record. Brent, the global oil benchmark, rose more than 1 percent immediately after the person’s comments.

“If this was an intentional cut by Saudi Arabia, I’d expect them to have cut the actual amount of oil produced and not just the supply to market,” Richard Mallinson, a London-based analyst at Energy Aspects Ltd., said by phone. “More is being read into the fluctuations than should be. I don’t see anything in these latest numbers to indicate a unilateral production cut.”

Cut Calls
Angola, Libya and Venezuela have all said OPEC needs to take action on prices, with the Latin American nation’s President Nicolas Maduro calling for an emergency meeting in a televised address Oct. 17. Global markets are oversupplied by about 1 million barrels a day and OPEC needs to reduce collective output by at least 500,000 barrels a day, Libya’s OPEC governor Samir Kamal said by e-mail yesterday, adding that his comments reflected personal views.

Saudi output in September was 9.7 million barrels a day, up from almost 9.6 million barrels a day in August, the person familiar with Saudi policy said. That’s the same as OPEC reported in its most recent market assessment.

Brent crude for December settlement rose as much as $1.94, or 2.3 percent, to $86.65 a barrel in London. West Texas Intermediate crude for December delivery gained as much as $1.38, or 1.7 percent, to $81.90 a barrel on the New York Mercantile Exchange.

“The market is reacting instantly to any news on oil market fundamentals,” Gerrit Zambo, an oil trader at Bayerische Landesbank in Munich, said by phone. “So far these gains have been only a short-term reaction, and then the market seems to go back to its bearish sentiment.”

To contact the reporters on this story: Wael Mahdi in Manama at wmahdi@bloomberg.net; Anthony DiPaola in Dubai at adipaola@bloomberg.net

Ozzie is mercury

I mean 31st

But oily gassy... that 31th dateline may be a trick for a smooth distribution and pump-dump MO

Zack zorro.. zack liza? U also play?

The days oil rising to $143 are just futures contract play...reality is back after soooo many years

Crude oil is now $81.38 ... down by 0.71 

just a matter of time to break 80 and 70...oil is abundant

But suma is not sunshine... its mh17

Dead counter... people still hoping ... wait 1 more year...haha

Dont wori... today is 24th october... 7 more days to go ... or... he...he....he ...hohoho

All top ten most active counter went up except MAS ... unchanged and... sumatec down

thats a sign for a downfall ... jagaaaaaaaaaaaaaaaaaaaaaaaaaa....

Dickyme didnt u bought cheaper... how come cannot take profit?

Be happy until it last... the outcome is sure

28.5 cents coming

How come lowest was 0.39 when I did bought at 0.375?

But calvin's problem is.... his bjcorp recommendation has trapped many people

2nd problem is... bjcorp still has chance to equal suma price

Calvin has some good points there