Flybird, Wow another brave ones, come over.... Put on yr " terminator" suits....

Khairil, wow you're my man.... Risk taker... The few brave ones, make sure when going to the lift put on your "terminator" suits just in case.......

Looiks, nvm lah, come 21/11 there'll be too many of them & they start pick pocketing each other....... He he he

TrendingBull, still keeping my GP waiting to breach my TP 0.60. I hope soon.....

Sang-Jero, I feel good now...ada kawan to accompany me on this long journey full of obstacles.... Tks

Derrick, I thoght you're aready jump out of the lift? Still berani?? Many touts & pick pockets here like Looiks said...... He he he

Smartinv, good to know that you have trust in the management team. I'm sure they will not disappoint us. See you at level 55 in 2 weeks time.... He he he.....

Smartinv, where are you? I'm here at level 55 all alone, got so many "hantus" to scare me.
I buat de je.......

Sang Jero, Sumatec restructuring exercise is in progress accordingly to time frame within 1 year. Sumatec has to prove sustainable profits to Bursa towards exiting PN 17 earlier. Possibility is great once oil production increase & generate income to Sumatec''s book.

Easegaban, agree with you. here got many "GABRA people" kena cuit sikit melatah. Apa nak buat.. To those who cannot stand kena "cuit" keep yr money safe in ASB, ASW or unit trust.

Wt222, Many who do not have rights but went in during the rally up already sold.
This is due to panic selling by short term players incite by unknown movie director who condemn my TA. My anticipation of selling is to the rights owners who will gain more than 100%.. ... I don't think you own any rights. as you were very negative on Sumatec prior to exdate... Do not propagate yr nonsense & turn & twist yr comments to scare people & put the blame on me. Probably you are the hantu....

Wt222, What lah you, I never promote anybody to sell. Read my post again.

Vincent, sorry typo error - trade what you see & NOT what you think.

Vincent, lets not do any guessing games, lets wait for reversal sign. Trade what you see & what you think. If it price do go up next week, let it be do not chase prices unless you prepared to go for "war" - before you press the buy/entry button, it's important to plan yr exit strategy first.
This way your trading is less stressful.

Smarinv, I'm far more than thousand miles from being guru. I'm still learning. I love to share & getting shaking Steven & others making comment is most welcome. This enhance my learning curve.

Dragonslayer, for those who do not have rights which is going to be listed next week, & do not have any position in Sumatec - suggest to stay away for awhile until the sky is clear. When entering after a pullback, you want to enter on strength. This means you want to enter only after the upward trend resumes. No price is low & no price is high
You have to keep checking the support & resistance first. You will enter when there is a reversal sign.

Norizzuan, seems like you have good risk tolerance level. I have same price & will keep 3-5 months till reach my mid term TP 0.80 then take profit whichever is earlier.

Bella, on 21/11 prices are expected to drop due to heavy profit taking. Assuming price cum listing @ 0.45 those who had subscribe for rights will making gain of 150%.
It is anticipated that prices will continuously drop 3 - 5 days after listing. Probably need another 2 - 3 weeks to rebound. This is the reason many had started exiting since yesterday.
However do expect the unexpected from Sumatec.

Victor, then come back here after Sumatec exit PN 17...

Victor, profile of Sumatec (upstream O&G) is different from THH (downstream)
Only similarity is PN 17...... They dance to different music so don't compare......

Stone Huat, stay cool man.... Many here buy Sumatec to make quick gain.
0.50 to 0.56 they perceived as high price. This is because they're looking at the "price" & not looking at the company as a whole. So when prices keep falling they get nervous & angry quickly dump or cut loss. Then started to blame others....
This pullback is temporary. Let's keep our focus beyond listing. Our risk tolerance must be high to trade Sumatec so that we last to see the light at the end of the tunnel.

Derrick, possibility of further pullback is there... But who knows after resting over the weekend might regain energy. We'll see Monday morining ada energy or not than decide to take action......

Today bears managed to "makan" a lot of bulls. This is reaction towards past week rally up to double top creating "bearish engulfing" @ 0.475.
Total volume buy 174m vs 99m sell
MACD still staying a distance from signal line, shows " still holding the fort"
RSI down to 0.70 , leaving overbought area now lethargic due too much workout
Stochastic after crossing down 5 day price continue to make another dip down
Support 0.44 resistance o.49

Derrick, whatever decision you make I will continuously support you....

Derrick, bye bye see you after listing....

Pop, not everyday we get chance to apply day trading. I mention a about pullback yesterday in my TA, So need to be cautious in yr entry.... also price was near to support 0.50 too risky to get in, once violated might go down further.
I will not be able to tell you to "hold / buy / sell"... All depends on yr risk tolerance. Only you can decide....

Manmin, right if yr applying 30 min chart.
I base on 30 days chart, I've caution yesterday about pullback today as stochastic oredi make cross down... TA is guideline for me for short term trading, Sumatec volatility is good for day trading & swing. Whatever it is I still stay focus on the BIG PICTURE for long term....

Stone Huat, biar lah... mulut tempayan susah nak tutup.... Cos tutup nya dah hilang...

Katani, right now "sedekah" mode want to give 48 sens, lets wait later in the afternoon can get 45sen first lah.... Be patient...

Don't focus on 21/11 look beyond .... At least 3 months .... Will the price be this cheap?..
Opportunity at yr door step.... Look at yr "kitty bank" first... Enough to take risk for next 3 months.. If x enough look see only lah....

Waiting at support 0.45.... Today Friday many want "sedekah".....

Been keeping my Hibiscs since price 1.80, lock in safe box... May be open on New Year....

Derrick , wow yr bahasa Malaysia kow kow ...better than mine

Eric, TP 0.60 pun belum Sampai asking for Rm 1.

Vincent,
After a decline, a red/red or red/green combination can still be regarded as a bullish harami. The first long black candlestick signals that significant selling pressure remains and could indicate capitulation. The small candlestick immediately following forms with a gap up on the open, indicating a sudden increase in buying pressure and potential reversal.

Aiyo Vincent, rights about to get listed on 21/11 (next week) .
Read all the earlier posting from 1/10 you may find yr answers to yr questions.

Pop, don't worry so much about post listing. Definitely North....
Company has obligation towards shareholders & need to execute all the promises mentioned in the arbitrage prospectus..
Sumatec next plan is to exit PN 17 earlier than June 2014

Dragons layer, took Fortunebull advise....went for spa & massage near Dubai Tower, then cari ""shaking Steven" sampai underground car park x jumpa..... Maybe later tonight dia menjelma....

Today Sumatec creates "bullish harami" & holding quite well. If its not for listing date round the corner I'm sure the "lift" can go to at least 55 floor again.
Back on track trading along upper Bollinger band.
MACD almost reaching level 0.06 away from centre line zero, shows no sign of weakness
RSI 80 - still strong , even after " kena lanyak" yesterday.
A little wary stochastic had slightly cross price over 5 days create potential pullback
Support @ 0.50 & resistance 0.55.
Chances trading sideways for a while till 21/11.

Fortune bull, agree with you tomorrow morning going for Spa & Massage better....

Wah biar betul...... Steven is furious with me. He thinks I'm spreading False technical Analysis for my personal gain. First of all, many of us here knows TA & charting, my analysis maybe right maybe wrong is how I interpret the chart. What Personal Gain?? Just because a few here asking for my advise? If my TA is FALSE why don't you Steven take over maybe I can learn something new from you. Come on man... I see you're new to this forum. At least say "hello" lah but suddenly appear out of blues & want to "hantam"me just because of my TA. Apa lah.....

Sharizal, I'm not son or daughter player. I'm always interested in the company (not the price)
especially undervalued ones. So I take mother, as she will chart the route plan & sucess of the company. Prices will only gives you indication whether the plan is being executed accordingly.
Need to give a good time frame at least a year. As for Sumatec once out of PN 17, there will be dividends & bonuses paying. Only mother can give this.

Kengfp, thanks for yr kind support......

Derrick, luckily Eric take 3k only @ 0.56, if 30k then mucus comes out everywhere.... He he he.

Today 516 counters losers, 220 counters gain. See Sumatec not the only stock down.
KLSE & Market quite bearish, so do expect some pullback again tomorrow. Sumatec is still bullish looking at the volume, more buyers than sellers.

Stay cool.. If cannot handle the stress, don't look at Bursa tomorrow.. Take a break....

Steven, thank you for your concern & warning. All here already aware, most already unload especially today. Now many waiting 21/ 22 to take profit of their rights. & many wanting to grab the low price on that day. So safe yr warning....

Pop, Many complain price went up too fast, want to buy cannot, today got chance take lah. Tomorrow if got another chance grab lor... but make sure with no intention to contra. Sumatec is one of the counters easily attract goreng & contra kaki. Have a plan, aware of yr risk tolerance, then execute it timely. This is important for Short term traders as they want quick gain & not allowing the stock enough time to grow. So short term traders will be the actors of ghost movie directors. Don't allow this. Trade well, have a plan then you'll be fearless.

Steven, Your TA reading must be fantastic that "pullback" you catagories as "start of down trend". Just down by 2 sens already want to direct ghost story. Sumatec's has been up from 0.30 to 0.55. Support 0.45 & resistance 0.50 If price down below 0.40 or 50% pullback tomorrow than you can say start of downtrend. Even i3 investors place Sumatec as no.1 trending up stock. Don't bring your "Dracula story" people here are fearless & smart....

Connie, let the strong young boys do the "Jaga" kaki I pun assam like Looiks... We ladies look see look see first lah...

Looiks, make sure betul2 feeling better, many bears will be waiting @ the lift to pounce on you.
Bring "bullets" banyak sikit.... Perhaps look2 see from far first....

Derrick, why sekit belakang,? Kena pijak tadi. Kesian ......
Yr son not looking that good making "bearish engulfing" all the untung yesterday kena sapu today. Here Bears really go for kill on the bulls.
Good thing MACD did not go down much to cross signal line.
RSI 56 fair. Stochastic still remain at overbought - not crossing down price over 5 days shows no confirmation on reversal sign yet. Strong "pullback" today.
Tomorrow bears will attempt to make another kill - careful..