About a year ago, someone projected that Digi will plunge to RM4.00 after reaching its peak of abt RM5.40 sometime in Oct 2012. He said he sold Digi and would come back to buy back at RM4.00 but gave no reasons nor substantiated by facts and figures. He gave just a blind number.

Same case as in Sumatec....someone said Suma would drop to 20sen. Any reason? Any research done? If just for the sake of provoking others, please this thread. Be a gentleman...If you have done an in-depth investment research, please share to support your argument of 20sen. Don't pluck that figure from the sky and throw it here.

Posted by ladzatz > Dec 12, 2013 09:37 AM | Report Abuse

there are too many oligarchs in russia...and they are not willing to take the khazakstan project..haha

think about logic and truth...haha
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Malaysians are more entreprising n adventurous maa...Malaysia boleh...Malaysians kaya LOL!!!. Now Malaysians dare to invest in any corner of the globe. Not like before leh...

harvard, thanks for your advice. appreciate that.

hahaha...harvard the great....????

ya la harward...it ran n plateau...now running again, doubling my profit. hahhaa

but y harvard...y don't u recommend to sumatecians insteading of condeming them? could u substantiate with facts n figures fot the sell call on suma...

while there's war in this thread....aiya...I'm making money in Barakah leh....Harward57... are u??? Why don't u recommend Barakah earlier on instead of shouting n yelling to the Sumatecians here??? hahaha

I suggest that Yanyana, poorman, victor and the gang should attend the press conference or make a company visit and come out with a research report. Then, present their findings to us here including their analysis.

ya la dragonslayer...next press conference must attend 1...ask them up down left right questions....

JUST wondering where the RM86m profit coming from for FYE13 whereas operations to start in jan 14

Posted by sundar63 > Dec 10, 2013 12:01 PM | Report Abuse

He didn't mention but pasted my comment....Big time investors don't argue like kids! :-p
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I think u must be jealous...hahahaha...that's why u make noise here...noise-monger!!!

hey sundar63...I'm a big time long investor but don't make big noices like u do...I invest, not punt like u do...get lost!!!

Posted by sundar63 > Dec 10, 2013 11:49 AM | Report Abuse

LOL, just rise 1.5 sen dah kecoh!!
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what kecoh??? why are u so kepo here??? nothing to do huh!!!

Those who has no interest in Sumatec and want to be in this thread just for the sake of provoking others...my advice is.... just go away. Leave Sumatec... Be a gentleman. People are here to share views and opinions for the betterment of everybody... Not just condemn here n there just to please your id.

Posted by sundar63 > Dec 9, 2013 05:43 PM | Report Abuse

I agree I don't have analytical skill like you, sifu minitrader. I would not bet my money on a limping horse. Why does it take the mgmt. more than 10 years to turn around? I pray for you that it won't dip to 0.20.
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This is entirely a new mgt team fren. It was TSHS' initiatives and efforts by injecting his O&G assets. This horse gonna out from the sick bay. U don't to be emotional about the stock and give a TP of 0.20. This is not magic show. Do your reading and research well. U don't have to condemn the stock which is not back by facts and data.

Posted by sundar63 > Dec 9, 2013 05:19 PM | Report Abuse

Million??? Angan-angan Mat Jenin! How many years profit in Red?
Posted by sundar63 > Dec 9, 2013 05:26 PM | Report Abuse

Yes! It will not stay lonnnnnnnnnnnnnnnggggggggggggg at 0.285. It will go Dooooooooooooooooowwwwwwwwwwwwnnnnnnnnnn to 0.20
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Sunda63...I admnitt Sumatec has been in the red in the past. That's the past fren... But going by recent developments, it's gonna turn around. If u don't have analytical skills, please don't say this stock will plunge to 0.20 instead. What u mean could probably infer that all the cash calls and new activities revealed thus far are all bullshit. U mean TSHS and his gangs want to be behind bars for misleading the public with false informations. Please do your research b4 commenting, and don't just jump to conclusion.

Most IBs and research houses only do research reports on Sumatec for in-house consumption and for not dissemination to their clients. That's why we can't find published reports on Sumatec b'cos it's still not out of PN17. Once lifted from PN17, we'll see reports on Sumatec flooding the mkt. Then, we'll get a clearer picture. Meanwhile, I'm more tuned to Mama Noraini's TP of RM1.50.

noorgreen...tomok81...going by the news released in the past, not surprised if revenue could shoot up to a billion but still unsure of the high TP. I'll have to estimate the earnings/EPS and enlarged share capital base (assmuning full conversion of warrants) to arrive at a more meaningfull and reasonable TP based on fundamentals. Bear in mind, there are huge followers to this stock, whatmore once the counter is lifted from PN17. Fund managers would definitely rush in to grab this stock once out of PN17.

noorgreen...in that case I'll wait for another 3 yrs to be a millionaire....

Posted by noorgreen > Dec 9, 2013 03:52 PM | Report Abuse

in 2-3 years this stock will be rm5
Posted by noorgreen > Dec 9, 2013 03:58 PM | Report Abuse

if u have holding power wait 3 yrs may become a million if u buy 200big lots now. 200 lots only rm58k.
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really ah??? Noorgreen???? wow!!! black gold shooting to the sky I guess...

i agree with noorgreen....it's unfair to discuss other counters in this thread...

mama noraini...your motivational words keep me going strong....

chartwise...inari down lor

then, i jump into inari ...n dance...hehehe

:(

contra kaki sure die 1

to be in sumatec, one has to have strong heart n patience. otherwise, heart attack lor

today playing a defensive game...

relax guys, at least it was up yesterday....slow n steady lor

if u go long, don't worry about short-term volatility. those contra kakis sure got to worry, not genuine investors...

think today slow a bit...

Normally a stock would be lifted from PN17 after it has successfully regularise its financials. If production starts in January and revenue/earnings reported in Q1, then it would be lifted.

thank mama Noraini, that's good enough for me until we get a clearer picture when they start ramping up production next year.

MAMA NORAINI, we are wondering how u derive the TP of RM1.50 by mid-2014. Surely u have some projected production figures, sales and hence, profits. Could u share n enlighten us, dear MAMA NORAINI??? Thanks

sang-jero...those who sold recently, whether mother or wb, still making money. probably they can't tahan to wait for the next 3-6 mths for the money to grow on tress. got profit, sure cabut 1...

u guys got any rough valuation for suma? any profit numbers???

:0
:(

ho sien...

CHUA MAY YU IS A MONEY SPINNER...HE IS THERE WHEN THERE'S GREAT POTENTIAL TO MAKE...NOT LITTLE BUT TONNES....

When Suma starts producing oil and print money, surely PN17 will be lifted. Why worry? The announcement is not unexpected. Aiyo...relax lah ...

Mama Noraini....7E got mah...nearby u only

Kazakhstan, an oil producer since 1911, has the second largest oil reserves as well as the second largest oil production among the former Soviet republics after Russia.

Kazakhstan is a major oil producer, and estimated total liquids production was 1.64 million barrels per day (bbl/d) in 2013. The key to its continued growth in liquids production from this level will be the development of its giant Tengiz, Karachaganak, and Kashagan fields. Development of additional export capacity also will be necessary for production growth.

Although Kazakhstan became an oil producer in 1911, its production did not increase to a meaningful level until the 1960s and 1970s, when production plateaued at a nearly 500,000 bbl/d, a pre-Soviet independence record production level. Since the mid-1990s and with the help of major international oil companies, Kazakhstan's production soared to more than 1 million bbl/d in 2003.

Rising natural gas production over the past decade has both boosted oil recovery (as a significant volume of natural gas is reinjected into oil reservoirs) and also decreased Kazakhstan's reliance on natural gas imports. Natural gas development has lagged oil due to the lack of domestic gas pipeline infrastructure linking the western producing region with the eastern industrial region, as well as the lack of export pipelines.

Kazakhstan is land-locked and lies a great distance from international oil markets. The lack of access to a seaport makes the country dependent mainly on pipelines to transport its hydrocarbons to world markets. It is also a transit country for pipeline exports from Turkmenistan and Uzbekistan.

Kazakhstan consumed a total of 2.3 quadrillion Btu of energy in 2010, with coal accounting for the largest share of energy consumed at 64%, followed by oil and natural gas at 19% and 14%, respectively.

Kazakhstan is a Caspian Sea littoral state. The legal status of the Caspian area remains unresolved, mainly driven by a lack of agreement on whether the Caspian is a sea or a lake. Until all states agree on a definition, legal status of the area will remain unresolved.


Oil
Kazakhstan's current production is dominated by two giant fields: Tengiz and Karachaganak, which produce about half of Kazakhstan's total output. The newly-started Kashagan field will also play a major role in Kazakhstan's oil production in the coming years.

Kazakhstan's proven oil reserves were estimated at 30 billion barrels by the Oil and Gas Journal in January 2013. The country's main oil reserves are located in the western part of the country, where the five largest onshore oil fields (Tengiz, Karachaganak, Aktobe, Mangistau, and Uzen) are located. These onshore fields account for about half of current proven reserves, while the offshore Kashagan and Kurmangazy oil fields, in Kazakhstan's part of the Caspian Sea, are estimated to contain at least 14 billion barrels, with Kashagan accounting for around 9 billion barrels

Largest currently producing oil fields
Tengiz is currently Kazakhstan's largest producing oil field with an output of approximately 540,000 bbl/d through August 2013, accounting for nearly a third of total production. The field is located onshore in northwestern Kazakhstan. It is the world's deepest operating giant field at 12,000 feet. It has been in development since 1993 by the Tengizchevroil (TCO) joint venture, which includes Chevron (50%), ExxonMobil (25%), KMG (20%), and LukArco (5%). According to Wood Mackenzie, production at Tengiz is expected to increase to 854,000 bbl/d by 2021. Tengiz output is currently exported through the Caspian Pipeline Consortium (CPC) oil pipeline, which runs from Tengiz to Novorossiysk, Russia on the Black Sea. In addition, smaller volumes of the Tengiz oil are transported via rail to Odessa and Feodosiva, Ukraine, as well as to Aktau, Kazakhstan.

Karachaganak, also onshore in northwestern Kazakhstan close to the Russian border, produced 231,000 bbl/d of mostly condensate between January and August 2013, accounting for about 12% of total production. According to Karachaganak Petroleum Operating (KPO), the field holds reserves of around 9 billion barrels of oil and gas condensate and 47 trillion cubic feet of natural gas. The field is operated by the KPO consortium under a PSA. KPO includes BG and Eni, (each 32.5%), Chevron (20%), and Lukoil (15%). Wood Mackenzie expects that production from Karachaganak will increase to 239,000 bbl/d by 2021.

Uzen oil field, located in southwestern Kazakhstan in the Mangistau region, produced approximately 104,000 bbl/d in the first eight months of 2013. It is 100% owned by KMG and has been in operation since 1961.

Mangistau oil field, in the same region, produced 121,000 bbl/d between January and August 2013. It is operated jointly by KMG and CNPC.

today injured...

mama noraini, makan lah pil chi ki teck on ...sure ok 1

lots of doomsayers here....

still holding bro...now below my holding cost oredi...

thanks strategist...am still holding tight despite the rough waters

healing my wounds....need Dettol n acriflavine....

only genuine n long term investors will survive...big funds are collecting...

wear life jacket...lol

still passing thru stormy weather....sea still rough...hold on people....not end of the world yet...