Sumatec rally up for past 4 days start drying up today ( drop 2 sens )
This mainly due to profit taking. Bears slightly managed to run down the Bulls.
However MACD still steady ...keeping distance away from signal line.
Today movement - just a pullback. Normal ... before surging up again.
RSI remain @ 80 (still got muscles)
Stochastic also @ overbought area, slightly touch price over 5 days but not crossing down shows no confirmation of reversal sign yet.
Probably bears will make another attempt to "pounce" on the bull again tomorrow.
See lah may be can get another discounted price tomorrow.

Stone Huat, life is not always smooth sailing, many ups & many downs.
So is Sumatec. In order not to be scared & heart attack we must have a plan/strategy
Then trade yr plan not plan to trade only.
See today is a good test whether we can face the downside....

Dubai tower discount ticket available while stock last .... Grab it for those who have bullets.... For those @ level 55, maintainance team sending food, blankets, pillows & refreshments, may be have to overnight while waiting lift to repair.
Relax, take a deep breath......

Aiyo everyday take 5 sen gain, today give back lah sikit...

If you have bullets & had sold this morning, take advantage....

Relax guys... Only affecting contra kaki.....

Sumatec is still trending up, for 3 days average gain is 5 sens per day .... SUMATEC BOLEH!!!
Let see whether can last till listing date or not.... Many had sold & satisfied with gains they made, some start walking down the staircase from 55th floor to 50th floor waiting for lift to pick up them again. Few left @ level 55 (brave ones) eager to see how's the view on 60th floor today.
From this scenario - ask yrself (which scenario are you in?)

Connie, sure come over.... But must have patience & stamina.....lah

Leslie, this counter for "winners" not "losers" lah....

Cheap ticket "sold out" those waiting for lift to come.... X mari. Then got to take staircase to level 45 ... X larat. Many oredi give up....

Asahmad, I don't know the profile of Barakah. Anyway Barakah is downstream cannot compare with Sumatec upstream

Didee, I've answered this question before.
If holding Sumatec now give so much stress, then CABUT before listing lah
If can handle stress "hold" forget about listing date, let others sell... Go for mid- term, there's more upside, this will be a better approach to reduce stress.....

Sumatec is only for "brave ones" & for those who believe in the aspiration of the company.
If in doubt "jangan nak try" look at other counter whom you think likely to give you 25% profit short term....

Bulls love red....

Depends on HS just wait for announcement... after EGM (not sure the date probably after listing date) definitely before year end.

Dragonslayer, Got hantu lift..... price down sikit due to pullback (profit taking) normal lah.

Those who still wants to know "whether can enter again ?"
Depends on yr risk tolerance .... Got money to go for mid-term gain?
Think - 2nd oilfield not in Sumatec yet. Imagine once this is announce?.... Probably need to change my personal TP....

Pop, lift x rosak lah, kesian tourist at lower floor, try to take them to level 55 for breakfast

Fifjalal, yes I take 1/4 every time reach 25% profit & buy back immediately same size.
I will leverage up, this will increase the value of the share I'm holding. Once reversal sign appear I will unload all.

Derrick, I'll tell you later about reversal sign. Now xbolehlah dia tengah naik...,
Enjoy yr breakfast @ level 55......

Fifijalal, morning 0.50 was my TP for listing. Now its reached 1'week earlier I'll raise to 0.60
Macamana nak unload, kan rights still not in our portfolio lagi? but technically Once reach TP can take profit, but Sumatec rally up too fast,so best thing is to ride the trend until Reversal sign appear....

Derrick, RM 3 is not "mission impossible" but uplift + increase oil production from the 47 wells (at least 4000 bpd)

Dragonslayer, if takut protect yr profit lah at least half. The last time in August Sumatec marathon up 10 days in a row then show reversal sign. Let yr profit runs selagi no reversal sign.
Hantu raya sentiasa ada... Jangan takut lah paling tinggi it will drop 5 sen then can buy more what.... I believe more upside is coming... Stay tune...

Fantastic show by Sumatec today ..... trading along upper bollinger band & trending up.
MACD getting further up from signal & zero line, building fat green histogram above zero reflecting no sign of fatigue at all.
RSI 85 (very strong like HULK)
Stochastic & WR both in overbought with no reversal sign to go down yet.
Look like "lift" is transiting at level 51 for "toilet stop" but will try to put more grease to go to level 55 (ada sediakan nasi lemak & roti canai, coffee & tea of course) . See lah whether maintainance team datang early morning or not to go level 55 first.
Meantime everybody stay cool .......

dragonslayer, kalau nak ikut turun, maybe take a break at level 45, sebab 1 lift aje ada.
I xjadi turun ikut orang today sebab nanti kena pijak, nak turn tangga sakit lutut (dah tua kan)

Christine, don't know how to answer yr question lah..
All depends yr going for long term ( at least 1 yr) or short term.
If yr answer is long term... Go ahead hopefully can reach level 150 next yr.

Effendy, yr back... Good to know u oso put yr kaki in this counter... Welcome we oredi on level 49 enjoying the view....

Fortunebull, wah! You oso kepoh in this counter.... Welcome man...

Mcbaomc, when come to people's house must say nice things lah.....
You think Sumatec ppl will get panic & sell so that you can get cheaper price....

My TP 0.50 to reach on listing date... If reach sooner than expected.... Ada pening lah sikit...
I'll sleep on it first & decide tomorrow....

Dragonslayer, Is yr TP 0.50?... Brave one why don't stick around a little while more cos lift to go down rosak now, enjoy the view while it last.....

Looiks, Sumatec vs Barakah? .. Where can compare... Not apple to apple.
Sumatec upstream O&G Barakah downstream.
Compare Sumatec vs Hibiscs baru betul...

Connie, my sunglasses cheapo.... Need " terminator" punya sunglasses but no chance to buy cos lift to go down to ground floor rosak...

Looks, up here @ level 48 very glaring.... Too much blink2... Better put on yr sunglasses... He he he

Derrick, wah u sudah kaya meh? , now looking at other counters pulak.
I'm not so much a "plantation player" I will go for TDM.

Matawang, yr question "ada lagi counter yg bagus? Also another top chart question.
This month stick to O&G counters ( overweight) next plantation sector as CPO price start rising.

Dragonslayer, dashat Nama tu... Sure your're one of the " brave ones"
Live up to yr name don't "chicken out yet"

Connie, welcome to Sumatec world... Full of surprises & n from now on there will be a lot of profit taking. You might be able to get lower price.
Don't expect too much Dubai Tower lift kadang kadang rosak...
Patience is virtue... So no stress lah

At level 41 many " tourist" got 1 lift only. Now take "tourist" level 42 & 43 first

Lift go to level 41 to collect new "tourist"

Matawang, Yr question "still can enter this counter" .... top of of the chart today.
Price increase on 8/11 (6 sens) & today (3.5 sens). Baru 9 sens up. This increase mainly due to oversubscribed news which already factored in the price.
Ask yourself - if Sumatec wants to get out of PN 17, will 9 sens up enough to justify to Bursa?
If answer is NO then what r you waiting for???

Derrick, too bz with Sumatec lah no time for other counter. Still holding Hibiscs & Umwog..

Pazzol, Right price is 0.175, after listing - anybody's guess... Now already 0.44.
Lets see lah first whether got stamina to break 0.50.

Sharizal, take a break from Sumatec, go for your training... Concentrate lah..
Don't worry if you miss getting low price, Inshallah Allah will give it to you another day.

Boslim, Salam, bila kita nak beli sesuatu saham company, kita perlu slidik sikit. Kita mesti tahu arah tuju company tu. kenalah tahu Janis / sector apa . Saya ambil berat tentang management Nya. Mesti ada kewibawaan. Kita tak perlu ada konteks dlm company (kalau ada sebagai bonus aje)
Bayangkan kalau saya nak beli saham berdasarkan "kontek" banyak gila saya nak kenal orang baru beli sahamnya.

Hammer, dah 3rd round ... Congrats...

Rocktan, if you pay for yr rights by 6/11, meaning you are subscribing & shd not be rejected.. unless you apply "excess rights" it will be balloted & if not successful then they will retun your payment in full.

Derrick, any price below 0.45 go ahead, high if yr TP is low.
Who knows if tomorrow " gap up " you might not get it anyway.
Try not to chase price unless you've taken profit.

Yessir, yes only on 21/11 you'll see this in yr portfolio plus the free warrants

Connie, pandai lah Lu, so dare to enter? Yr TP is too low....

Lotus, don't put words in my mouth... I never mention about price to be 1.80

Kengfp, definitely rights are fully subscribed.
How much over subscribe? I don't have this info. Anyway lets not be bothered whether over or under subscribe, as long as price keep moving up that's all that matters.
Everybody will be happy right?...

Today Sumatec came in with "gap up" strong indication there's good news.... Wait aje lah for anouncement....
At this momentum by listing date, price sure reach 0.50 ... but have to break resistance 0.450 first tomorrow. In view of heavy profit taking on listing date, there's chance that the climb to 0.60 is possible. Who knows management might be able hold the drop, now that they have lots of cash....
"Dubai tower" has 163 floor,... now lift at 44th floor, my target to reach 150 floor
Can still enter? depends on perpective of risk to reward. So " Lu Pikir lah Sendiri"......

Labi, Stone Huat & Hello, Tqvm man.... for roti canai, mandarin oriental & Chanel No5...
Belum listing dah nak bagi I gemuk tapi wangi......
No need lah... I'm oredi "Kenyang" with joy to know that all of you make money.