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2013-12-16 18:16 | Report Abuse
Dreamhunter, price above 0.60 doable? of course.
Leave it to the company (holding 60% of the market share) they can bring up & bring down the price as & when they want to. If they want to bring up to 0.60 within 3 days they can.
Question why they're not doing it?........ with all the good news......There must be something holding them back... Think about it.
My TP 1.50 2014 remain in tack.....
Now go back to sleep ...ZZZZZZZZZZZZZZ
2013-12-16 17:26 | Report Abuse
Dragonslayer, good catch but must have holding power at least another week before reversal. MA21 is at 0.31....
2013-12-16 17:16 | Report Abuse
Today Sumatec close @ 0.285 makes BEARISH & GULING (bearish engulfing)
Bear lawan Bear ...... Bulls don't want to get near....
Total Buy Vol. 20,394,500 Market Avg Price. 0.28586
Total Sell Vol. 33,694,300. Buy Rate. 37.27%
High Price. 0.295
Low Price. 0.280. Volume. 54,725,500
Sumatec is going thru Bollinger squeeze.... Good sign though.... Indicating reversal sign is getting nearer...
MACD even though still bearish but now moving side by side signal line
Histogram below zero line also getting smaller .... recovering soon
Support 0.280 Resistance 0.30
Expecting Sumatec to further trade sideways this week.
Weak holders beware. Those who have bullets can take position but take easy on the size just in case....
2013-12-16 12:52 | Report Abuse
Siapa makan cili akan merasa pedas........kesiaaaaannnnnnn..... Back to sleep .....zzzzzzzzzzzzz
2013-12-16 12:03 | Report Abuse
By Lori Deschene (Author - Tiny Budha)
Research shows that people with negative attitudes have significantly higher rates of stress and disease. Someone’s mental state plays a huge role in their physical health. If someone’s making life difficult for people around them, you can be sure they’re doing worse for themselves.
What a sad reality, that someone has so much pain inside them they have to act out just to feel some sense of relief–even if that relief comes from getting a rise out of people. When you remember how much a difficult person is suffering, it’s easier to stay focused on minimizing negativity, as opposed to defending yourself.
2013-12-15 22:41 | Report Abuse
I'm still holding GP for midterm.
GP is trading sideways along MA21 but a bit wary as its not able to remain consistently above
Parabolic SAR 0.50.(reversal sign.)....
Support 0.48 & resistance 0.51
MACD oredi cross signal line eventhough still bearish.
RSI 49 - so so not enough strength - lack of buy volume
Stochastic 67 upwards & staysideway - stable
DMI - non trending..
Eventhough Trading sideways, for traders can still swing & make quick gain
within ATR 01 - 02 sens,
2013-12-15 17:34 | Report Abuse
It’s not your fault By Catherine Pratt. ( physchologist)
"You may be feeling that you have to solve the problems of the energy drainer. You’re not responsible for the person’s life nor their negativity. You don’t have to feel guilty for them being unhappy. Let go of trying to fix or help them. That's not what they want anyway. They want your energy and so you have to be strong and not give in to them."
Kesiaannnnm... Ok going to sleep now. Zzzzzzzzzzz
2013-12-15 14:39 | Report Abuse
Some people love old movies and antiques....
Take heart from the words of Warrent Bufffet:
"To invest successfully over a lifetime does not require a stratospheric IQ, unusual business insights, or inside information. What's needed is a sound framework for making decision and the ability to keep emotion from corroding that framework"
2013-12-12 19:04 | Report Abuse
Ladzat, reporting more on Gas Devepment... Not on oil lah...
Yes $ 45 m is revenue from Gas . Where got say profit.
Reported : “The company told the stock exchange yesterday that it has inked a US$45 million (RM143.9 million) deal over two years to build and manage a gas pipeline for Markmore Energy Labuan Ltd in oil-rich Kazakhstan.”
2013-12-12 17:45 | Report Abuse
Victor, you really multi lingual... Your bahasa oso better than mine lah...
2013-12-12 17:41 | Report Abuse
Fly bird, No particular reason. I like the chart.... Been following since price 0.40, daily vol - not bad...
2013-12-12 17:36 | Report Abuse
Imlegend, "that's the way I like it" positive attitude.....
I'm happy today my other counters perform well.
2013-12-12 17:26 | Report Abuse
Fly bird, Tq bro.... Still keeping TN .... Probably will add more when ppl profit taking...
2013-12-12 17:21 | Report Abuse
Disappointing day for Sumatec closing @ 0.290 ( drop 1/2 sen)
Expected to have another DOJI
TA - not much changes as drop only 1/2 sen.
All day selling pressure, probably will continue until tomorrow
Traders no longer show interest judging from the volume.
Company is not allowing price to go up for many "reasons"which cannot be disclosed. Anticipating this very small range movements to last another week.
Total Buy Vol. 4,996,400. Market Avg Price. 0.29079
Total Sell Vol. 13,014,000. Buy Rate. 27.52 %
High Price. 0.295.
Low Price. 0.290. Volume. 18,155,000
2013-12-12 14:54 | Report Abuse
Tomok, Mid Jan 14 kan nak korek 11 wells lagi...sure increase oil production ...
Then sure increase revenue followed by increase in profit....
Don't worry sure got profit but management is targeting profit more than 69m
So go to sleep first.... How come advisor asking advice from tour leader ?...
2013-12-12 14:34 | Report Abuse
Looiks, aiyo no free banana leaf rice today.....sob! sob!
Imlegend & Derrick - promote Sumatec or Suntik??
2013-12-12 13:19 | Report Abuse
Derrick, if no more $$$&& .... go fasting better.....will help to clear toxins & clear yr brain...then you'll understand all the motivation talk I post to you.....
2013-12-12 12:41 | Report Abuse
Take a break ...... http://www.youtube.com/watch?v=C2JISPbYKx0
2013-12-12 12:34 | Report Abuse
Derrick, next 3 weeks Suma start moving.... No need to wait 3 yrs.....
2013-12-12 11:59 | Report Abuse
Derrick, sleep first.... answer you later...
2013-12-12 11:46 | Report Abuse
Dragonslayer, sorry lah TERPOSTING.....ok ..I go back to sleep....
2013-12-12 11:40 | Report Abuse
sorry loss for 2012 - 11m (not 2013 - typo erro)
2013-12-12 11:39 | Report Abuse
Stargazer1, Sumatec loss 6.1m as at 3rd quarter Sept 2013. (sep 2013 loss 11m)
After JIA agreement. revenue & profit transfer to Sumatec book in Oct 13. So reflect profit 86m for 2013. . All hardcore Sumatecians knows about this as I mentioned this last month before the reporters came out with their report yesterday.
Chris Dalton (EEO) report anticipated profit of 69m for 2014 exclude gas production profit.
So the reporting was correct.
2013-12-11 23:29 | Report Abuse
Victor, thanks for the link..... Hey man you've been working very hard today.....wonder where you get the energy?....I'm oredi half eye close......good nite..
2013-12-11 19:10 | Report Abuse
Looiks, eat banana leaf rice with hand lah... Baru ada style .... I still insist on the papadom... Cant get free nvm...I'll get Victor to pay....kikiki ...
2013-12-11 19:02 | Report Abuse
Victor, Mandarin oso Derrick cant read, now you give Tamil..how?
Kepala pushing meh.... Don't know whether google can translate....
2013-12-11 19:00 | Report Abuse
Looiks, yummy ...banana leaf rice... Can give papadom free?
2013-12-11 17:35 | Report Abuse
Another DOJI day . Uncertainties still prevail .
Total Buy Vol. 29,328,500 Market Avg Price. 0.29411
Total Sell Vol. 29,662,500 Buy Rate. 49.72 %
High Price. 0.300
Low Price. 0.290 Volume. 58,991,000
At 3 mths chart, same as yesterday not much changes.
MACD still bearish but signal line beginning closing the gap
RSI 45 same as yesterday - no power
Stochastic remains above av price over 5 days & moving sideways - stable
WR (-68) take a slight dip but out of oversold area.
price 0.295 is comfortable sitting at MA10 - due to low vol
Support 0.280. Resistance 0.305
Update briefing on Gas Development yesterday has no impact on Sumatec prices. Probably still has " housekeeping" issues to iron out.
Entering 3 rd week since listing, many getting restless start "selling"
2013-12-11 15:56 | Report Abuse
Harvard, Now selling mode....Wah powderful .... lah you man....people hear you loud & clear...now happy lah you.....
2013-12-11 12:06 | Report Abuse
Take a break... ...take it easy ...... Stop hantam each other....
http://www.youtube.com/watch?v=QEjgPh4SEmU
2013-12-10 21:07 | Report Abuse
Pareto, I already mentioned before that my personal TP 1.50 mid June 2014
Don't know what IB's TP. will be....
2013-12-10 20:27 | Report Abuse
Tomok, year end financial 2013 - will announce on Feb 2014
1st quarter financial 2014 - will announce in may 2014
2013-12-10 19:02 | Report Abuse
Dragonslayer, Good suggestion....
2013-12-10 17:30 | Report Abuse
Iskandar, Today I'm blur sikit.... Watching too much wrestling...
have'nt studied Sch ipo..... So no cant comment lah... Sorry.
2013-12-10 17:17 | Report Abuse
Today Sumatec close green 0.295 (1 sen).
Nothing to shout about to investors, but to punters its fantastic.....
Total Buy Vol. 87,819,100. Market Avg Price. 0.29632
Total Sell Vol. 48,134,300. Buy Rate. 63.87 %
High Price. 0.300
Low Price. 0.290. Volume. 137,503,400 ( good vol)
At 3 mths chart, not much changes.
MACD still bearish, RSI 45 improve slightly
Stochastic & WR. continue journey. upwards.
Good news - price 0.295 is hooked on MA10 - initial sign of recovery,
Once cross price can remain 30 sen & above....
Support 0.280. Resistance 0.305
2013-12-10 15:10 | Report Abuse
Hensembody, Don't know.... I'm not there..... I doubt there's anthing new which we already know. Just updates for newspapers ... Anyway lets see.....
2013-12-10 15:04 | Report Abuse
Derrick, To be a marathon runner, besides doing regular workout must have enough of sleep & rest.... Then can build up good & strong muscle to be able to endure the long distance.... Not pancit half way. Sumatec is same ma.... So relax .....
2013-12-10 14:05 | Report Abuse
Fly bird, thank you.... Look forward to see TN to go back to Rm 6....
2013-12-10 13:58 | Report Abuse
Victor, your reverse psychology damn funny man......But I like it......
2013-12-10 13:39 | Report Abuse
Looiks, why people don't want to go on the train still lurking around.... Did you promise them anything. Oso I see they're warning the tourist which had bought to send for refund.. Refundable or not?
Aiya... I want to sleep oso cannot very noisy lah outside.....
2013-12-10 12:36 | Report Abuse
Flybird & Derrick, don't watch wrestling lah....
Come see TN logistic ... Up 7 sen ....
2013-12-10 11:44 | Report Abuse
Dragonslayer, if you reading today chart - yes going up .... but for uptrending you need to see at least 3 months chart - MACD still not crossing signal & still bearish. I will still wait for price to cross MA 21 to confirm reversal.
2013-12-10 10:01 | Report Abuse
Dragon, Chan & Wan now holding 8.76% from 25%++ . Good sign they might have finished selling. I think HS let Chan & Wan to hold not more than 18%
We'll see if can close green @ 30 sen at least....
2013-12-09 23:37 | Report Abuse
Derrick, you're not trap,... The time will come.... Give 1-2 weeks more....put FD in bank oso need 1 year what... What's the hurry.. You have allocated xxxx some money in Sumatec wa & wb. Leave it alone until you get 20 - 25 % profit from purchase price, then take profit. Meanwhile stop thinking of Sumatec.... Don't stress yourself.
We must enjoy in everything we do... So if you being a trader is so stressful how about being an investor.... No stress. Sumatec is right counter to invest .... Give it time .....
2013-12-09 22:18 | Report Abuse
Harvard, we know you oredi make big in Hibiscs..... give us Sumatecians .....some moral support lah.....
2013-12-09 21:11 | Report Abuse
Yk, news - a special press briefing updating the progress in Rakuschechnoe Oil Field.
The Edge view Sumatec as speculative stock - which is true.
We'll see what's the update.......nothing to worry..
2013-12-09 20:31 | Report Abuse
yk, you can go to tradesignum - free
2013-12-09 20:11 | Report Abuse
YK - BURSA STATION - www.bursastation.com
2013-12-09 18:59 | Report Abuse
Being PN 17 company is term given by Bursa "watch out" to the companies making loses consecutively for 3 years will be doomed to be delisted. Companies then will have to give a written reply (regularisation plan) proposal how to improve their financial staus & exting from PN 17. Sumatec has completed the regularisation plan. Next quarter result is a sure profit approx 86 m. Now already debt Free. Unofficially Sumatec is no longer PN17. To be official- Sumatec has to show 2 more quarter profits. This not a problem for Sumatec as by mid January work/mobilze starts to increase oil production thus increase profits.... Let's not dwell on Sumatec being PN17 as Sumatec can be one of Top counter in 2014
Stock: [SUMATEC]: SUMATEC RESOURCES BHD
2013-12-16 19:04 | Report Abuse
strategist, looking forward for fireworks display yr end.....
Till then.... go back to sleep...ZZZZZZZZZZZZZZ