Dragon...x pa now pakai vermin mata got 2 spare... But after seeing the triplets give me triple vision..must go for pongal tomorrow...

Derrick come join me....hi hi hi.. Dragon advice ...

Aiyo...no TA today....got triple vision..cannot read chart properly... I think I better celebrate Thaipusam tomorrow with .my Indian buddy to clear my vision.....

Derrick..sell . B.Raya son buy Sumatec WB...can get more units....

Derrick ...got grab 0.31?..... Can av down a bit ...

Aiyo Derrick....kang kung belacan.....double jeapordy.....sakit lutut & dapat resdong...
I settle for kadang botol......tanam sendiri di bekang rumah....

Derrick... X boleh makan kankong la..Seljuk.....Nanti sakit lutut dragon cakap ....

Hearsay... Pls lah don't compare Suma & XDL. Suma (O&G) still PN 17, baru beranak (listing) still under confinement period.. Sure move slow ...nanti "bentan" kena sakit susah. Lah....
Don't know much about XDL ....I think dealing with shoes & auto water flow...

Chrollo...ok will provide my staff with more mineral water....
Last year ( oso during CNY) we were in Istanbul ...was cold ...
Are you going anywhere during CNY?...

Investor3883... Suma price movement is link more to "drilling" & completion of rig mobilization....If rig move is as per schedule ...there will big ang pow by CNY.

Capt Looiks...can give ESOS or not ....if cannot Nasi daun Pisang pun ok....
On CNY my company taking all staff for holiday in Perth....warmer not cold like Korea.

Anyway not to worry about ESOS only 1m lot .... Don't think will have grave impact on the price.. Suma is just starting uptrend ...take opportunity of the slight pullback.....

Posted by hhakim > Jan 15, 2014 07:37 PM | Report Abuse
Noraini...it's winter in Kazakhstan now, so rig mob will be more than 6 - 8 days. Also depending on how far they have to mob the drilling rig. A typical 20km rig move in winter condition will take about 12 - 14 days - lots of heavy loads and the daylight is less, operations is 24 hours but usually at night they dont work with heavy loads.

Hakim, 2 weeks is too long.... I hope Suma will contract rig mobilization to a company which can perform faster. I'm sure a good rig move schedule with multiple levels of complexity such harsh weather such as winter or poor visibility can be overcome.
In USA with this scenario take them max 8 days but u said come from Croatia, want cheap ......so longer time lah...

I think should be able to complete faster as the distance is not thousands of kilometres.
The Rakushechnoye field is located in Western Kazakhstan, on the Mangyshlak Peninsula, approximately 15 kilometres inland from the Caspian Sea and approximately 105km southeast of Aktau. The Rakushechnoye is within close proximity to export infrastructure; 120km to Aktau Port and 60km to main oil and gas pipeline.

Anyway, if 2 weeks what to do.... asal cepat start drilling, then ada revenue....

Strategist - most welcome.... Looking forward to announcement of drilling after completion of rig mobilization ( av 6 - 8 days)

Agree with you....soooooooon

Closing green again @ 0.315 - producing "long shadows"
Price walking up the upper bollinger band with parabolic trailing 
MACD still hooked on the zero line with green histogram sitting above zero - getting bullish.
Momentum - 0.145  & RSI  - 60 :  bulls  getting stronger
DMI  14d (32)  higher than  6d ( 13 ) - confirming uptrend 
with price making higher high & higher low 

Total Buy Vol        84,872,800                  Market Avg Price.       0.32012
Total Sell Vol.        62,030,600                  Buy Rate.                       57.37 %
High Price.             0.330
Low Price.              0.305                          Volume.               147,930,400

Long Shadows: Candlesticks with a long upper shadow and short lower shadow indicate that buyers dominated during the first part of the session, bidding prices higher. Conversely, candlesticks with long lower shadows and short upper shadows indicate that sellers dominated during the first part of the session, driving prices lower.

Dragon....I'm not orang minyak lah....but my business also give me the opportunity to deal with O&G companies worldwide. During some discussions with the O&G companies they use terms & jargons....So in order not to look stupid.. I need to read a lot & learn about their companies. That's how I get involve & take interest in this sector.

So I always choose O&G sectors as my preference to invest. Of course Sumatec & Hibiscs & UMOG as my stock pick for growth & undervalued stock.

Aiyo now sleepy lah... Got to wake up in the morning to take care event in KL tomorrow.
Good nite.

Dragon, I promote big conferences & congress to companies worldwide to do their events in Malaysia. There's one French companies interested & I promote Sarawak this time. So gave them opportunity to let them experience Mulu Caves as well..

Bring back some birds nest ....expensive lor...

Hayashi ... Good luck on your exam... I hope you do well....Sumatec still around but not yr exam.... Why you think Tekad will sell ...they had sold enough. Tekad will keep & sell when they it's time to sell but not below 0.40....

Sumatec just start uptrending... had stayed in overbought area for almost 2 months July & Aug 2013)

Those who thinking to take profit should reconsider....don't self sabotage yr trading plan...

Dragon,, announcement - arrangement for mobilization start from mid January... Since onshore probably a week ... Target to start drilling before end of month.
Since proven asset... definitely there's oil ...with new technology expected to extract further 20 - 40% from each well.... Price will be moving higher & higher once drilling start... irrespective of the outcome.....just like Hibiscs goes up (almost limit up) when news on rig arrived in Oman (1 st well) that time drilling had not started.

So lets not be too technical....if drilling start possibility price to reach 0.40 by month end... Then everybody can celebrate CNY ...

FX... this Sumatec style ... holding this stock oredi 8 months .... no need reason . it will go up or down as it likes.. Just buy & keep as more upside than downside... For mid to longterm you will not regret as all indicators are bullish & ready to go.......

Derrick... don't worry so much for hanging man. If goes down probably a slight pullback before making higher high again .... train tickets now get more expensive.....

Good nite

Hayashi... If you want price 0.31 just que. sellers ask 0.315 sure makan.
You sure kena 0.315 later price go to 0.30 ....how?
First 30 mins trading very active...suggest look look see first then decide to trade or not....

Derrick ...your right ...hanging man....sorry..takut kena hang...hi hi hi
Just cautious a bit as Hanging man on uptrend....

Good closing @ 0.31 producing hammer green & hooked on upper Bollinger band.
Parabolic now below & trailing the price - good sign for further push
MACD - almost touching zero line. Once cross up - confirm bullish
RSI - 58 building strength
Stochastic touching overbought area
WR 100 % overbought area.

Total Buy Vol. 43,979,000. Market Avg Price. 0.30199
Total Sell Vol. 24,480,400. Buy Rate. 62.97 %
High Price. 0.310
Low Price. 0.290. Volume. 69,846,600

The sudden push of price nearing to closing time was unexpected.
Expect many will take profit on Wednesday
Remember expect the "unexpected "from Mr.Suma from now on.....

Kengfp, sorry wo... Too many days in the jungle with 2 French ladies (some more no speak English ) ...macam itek dgn ayam.....luckily got translator...
Now in Miri.... Sooooo tired....nak tulis bullish jadi bearish pulak... Brain tired...
Bon Nuit !!!

Sorry ... Typo. Sumatec is getting bullish

Pareto, for buy call I don't rely on Parabolic SAR
I rely on slow stochastic - When K cross D upwards
Also MACD will help to see the stock as a whole whether bullish or bearish
Sumatec is getting bearish.
Stochastic creates buy call when Suma price breach 0.28
So accumulation mode started at price 0.280

If you use parabolic as buy call you might be chasing prices as it goes up.

Parabolic SAR trails price as the trend extends over time. The indicator is below prices when prices are rising and above prices when prices are falling. In this regard, the indicator stops and reverses when the price trend reverses and breaks above or below the indicator.

Pareto,, good attempt on TA...all of us still learning stage... We will correct each other if there is a mistake. This way we learn faster.

Today candlestick "short day" but bearish. I will not use Harami as candlestick is not long enough for it to cover at least half of the leghth. If close green than it will be bullish
But today close red.

I agree with yr reading on other indicators.

If no T4 force selling tomorrow & further increase of buy volume - possible to close green
again. We'll see... Hope it will be a good day tomorrow. Good nite.

Victor, Flybird, Ah Huat..... Nenek I bilang...bila nampak hantu....buat de je (ignore)...
& repeat over over.....ITS NOT REAL.......

Ok...got Internet..... Quickly sent this TA

Today closing @ 0.30 is long "waited" breakout. At last....

Mentioned before MACD getting bullish.
MACD make cross signal line & histogram stay above zero- confirm bullish
Price now above MA21 & cross parabolic SAR @ 30 - initiate reversal
RSI 53 - slowly building up strength  
Stochastic. K59 above  D41 - confirming breakout since call buy was initiated last week.
DMI :  +D cross -D      indicating start of uptrend 

Total Buy Vol.       57 ,785,600              Market Avg Price.    0.29200
Total Sell Vol.        31,184,200               Buy Rate.  63.32 %
High Price.              0.310
Low Price.               0.275                       Volume.   91,261,700

To confirm reversal price need to stay above 0.30 at all times
Expect profit taking & there will be a dip in price before making bigger move...
Looking forward to bigger fireworks

Can't promise TA everyday... but will try....

Kengfp, good to know Suma close @ 0.30
Manage to steal sometime since get internet reception now.
my Maxis broadband no power here...
Sorry can't do TA as I'm in Mulu with French colleague doing site inspection....
Internet not stable.... Dragon & Pareto can help ....they equally good...

Rajini... Use calculator lah we....
Revenue of Sumatec in future not only base on oil, but also gas....
Wait for financial report first lah....

Boslim, kenaikan atau penurunan harga harga sesuatu saham berdasarkan "sentiment"
Sekarang sentiment pelabur & "sideline" pelabor terlalu rendah hasil dari penurunan harga dari 0.55 ke 0.265 dalam satu bulan selepas " listing".
Dari sudut analisa teknikal - harga mesti melepasi paras harga 0.32 parabolic SAR (reversal indicatort) sekiranya ini berlaku,... Paras harga 0.40 perlu di tembusi dulu sebelum mencapai paras 0.50.
Boleh kah ini berlaku dalam masa sebulan?... Terpulang pada company ...sekiranya kita imbas carta bulan Nov13 harga pernah naik dari 0.30 ke 0.50 ambil masa 6 hari.
Kenaikan harga pasti berlaku dalam jangkamsa yang terdekat....bersabarlah kawe.....

Everybody has right to make comment of anything in i3 investors. Of course there are rules & guidelines set by i3 managements. Be it positive or negative news have to face it as long as we have vested interest in the counter. Sumatec forum is the most active thread now entering 349 pages within 6 months....shows a lot of people beginning to take interest to know this counter.... NEW SUMATEC will be the stock to watch for 2014
Happy New Year.

Derrick, I understand .... Don't challenge what you get...kalau dapat few thousand free share from Mr. Suma than worthwhile lah..... don't read their post .......IT'S NOT REAL

Victor,,, well said ".just ignore them and do not debate with them".......IT'S NOT REAL...

Derrick....aiyo don't bother to read or join in the fight ....IT'S NOT REAL .....

Derrick,... How was New Year Celebration?..........I celebrated with family & friends....we had good time. I remembered in my childhood days....I always dream of hantu chasing me....I complained to my my nenek...this what she said ....It is all in the state of the mind, if you believe it it will be there haunting you... If you don't it will frizzle slowly.
She told me if evertyime I see hantu in my dream. She told me to chant these words many many times.....IT'S NOT REAL GO AWAY....

ANBZ ... I'm referring to the indicators as bullish
Price hari memang not bullish
You tak celebrate New Year ke? ..anyway Happy New Year to you & may Allah blessed you with all good thing .. Inshaalah....

Close red pulak.. 0.275 ....due to low volume compare to yesterday 26m
No worries - Other indicators remain same &  MACD still shows bullish & up trend sign is just round the corner

Total Buy Vol.                3,158,600               Market Avg Price.     0.28103
Total Sell Vol.                9,630,600                Buy Rate.     24.70 %
High Price.                     0.285
Low Price.                      0.275                            Volume.  12,789,200

Probably  those "interested parties"  are forced to sell @ lower price
I hope today is their last day to sell.
Then Looiks can stop the children play brick wall soon.

Happy New Year everybody
Looking forward to NEW SUMA...

Dragon, itu kerja reporter.....always report lari 1 batu jauh.....stick to announcement only....

Capt Looiks... Asyik asyik makan, no Kerja eh?....

Pareto....Happy New Year to you too...

Aiyo. Dragon, your Kepala otak oso blank like me eh?

Yahoo my baby wake up....break 3.50.

J3ff, today Kepala otak I blank.....no idea. .. Pikir nak celebrate New Year aje...
Tomorrow holiday....to get idea..... go read 344 pages of Suma posting...
Happy New Year !!

To all Sumatecians & non Sumatecians ....Happy New Year
May 2014 bring us joy, happiness, good health & prosperity...

Tessa.....how's the treatment ...I heard for skin problem...my friends say go for detox first....my daughter oso have skin problem....Dr.Ranjit said due to stress....
You stress ke?? .... Today forget all yr problems....let's celebrate New Year..

Tessa & YS, Happy New Year, may 2014 brings you joy, happiness, prosperity & good health... See you next year.

Dragon, what lah you........down pening.....up oso pening .....go take pandol & sleep....wait for Suma fireworks soon to come.....he he he...

Looiks ....ok will try orange juice ....than will figure like Suma bollinger squeeze ..

Dragon...Tambun Indah good fundamental....worth keeping.
I had it since price 0.80 ....need money sometime in July I got out @1.30
Have not gone in since then.
Now rally up for few days.....good to start taking profit if exceeded 25% of yr buy price..

Dragon, I'm worst than Capt Looiks...... Skip breakfast & lunch .....hantam all @ dinner....once a day meal..... Mau kurus.....get nice slim figure for Mr. New Suma...
Happy New Year.....

Dragon, doji after long green candle....indicates indecision more on speculators & contra kaki. Stochastic K oredi cross D - call buy. MACD, RSI improving..
For mid & long term still good stage to accumulate bit by bit.....
Support 1.70 resistance 1.80

Tessa....no need to get angry....you stil got yr "penyapu" what.....

Strategist.....tahap SABOR memang kena tinggi dgn Mr.Suma....dah 7 bulan dgn dia....sabor le tu.. I mintak nak celebrate New Year tomorrow...dia senyum aje....