the edge weekly already said Dsonic and MPay are those who gonna bag the contracts

people speculate today announcement about card contract...well IRIS din get...time to cabut!!

heard there is Team C...

team C always spead rumour/spaculate

Kstb banyak hutang ler...

datasonic alr get Mykad? so IRIS still can?

@elite Just receives news, they just secured a deal in UK, to be announce very soon. stay tune~!

UK...this is their area of interest kah???

guys...if anyone u might want to believe in this forum :::: look for zKingDB --> for sure wont lead u to Holland

aiyo u MrzKingDB...don't blow my cover...kekekekeke

buy volume so lite

red light show

many kena trap

itu sifu cakap year end boleh naik

end May baru senyum...Q1 profit + 1500 bbpd expected

apa dah jadi dengan komen komen "TSHS is smiling"....

no point to generate news to 'keep interest' in counter...if proven (I strongly believ in the mgmt.) results will be positive, then for sure the price will up...no worries...

all depends on earnings per share, etc.

audit will finish soon...then they publish report and call AGM...
during that time TSHS will reveal his plan to take SUMA to next level...

timeline: towards end-April

somebody's sell somebody buy....
Director going out sell...director coming in buy...

Doing channel checks to see who bought it.

Siao...something bad to suma???
Wan already out...soon we might get a high caliber director...coming..

see the edge for sumatec news later....

http://www.nanyang.com/node/612091?tid=462

dragonslayer also commented on "Stock: [SUMATEC]: SUMATEC RESOURCES BHD":

Aiyo...itu Bursa...hold on the letter mah.....mana boleh ini macam....sulah >2 mths oredy......still hold on.....ini mesti ada cerita punya lor.......ha ha ha

Cerita dia madam ni...PN17 company...Bursa wait till last quarter results audited no hanky panky balu kasi approve.

In I forum puny a SUMA ppl semua tarak baca PP puny a terms and condition...cakap

PP sudah expired....aduhai....mana Ada expire???

Semua Ada millions and millions and millions of SUMA shares tapi PP cerita tak clear :-)

Sumatec boosts confidence in oil and gas investments
Despite the oil and gas industry's high-yield potentials, some investors are wary of putting stake in the volatile industry. Sumatec Resources has found a way to reduce the uncertainty in investing in the oil and gas sector. The company employs a two-pronged approach - transforming the company from a downstream to an upstream player and tapping mature assets with proven reserves.

Formerly a fabrication company building terminals and pipelines, Sumatec restructured its operations to focus on oil and gas production. Its downstream operational background will help it prepare potential assets for optimum production. "All our revenues will come from oil and gas - from our own business and assets. We remove the unpredictability in winning bids and securing revenues. We can commercialise our own organic asset base," CEO Chris Dalton says.

Sumatec taps mature assets with long-term sustainable growth. In a joint-investment agreement with Markmore Energy and CaspiOilGas, Sumatec has found the ideal asset in the Rakushechnoye oil and gas field in west Kazakhstan.

To fund its Rakushechnoye oil field activities, Sumatec raised US$142.8 million from 2.7 billion rights shares issued in November last year. The field yields different types of hydrocarbon, such as oil, gas and condensate. It has an equivalent of 333 million barrels of oil equivalent (boe) of three proved, probable and possible oil reserves, of which gas reserves are 257 million boe.

Sumatec is driving towards becoming an international player through partnerships with energy companies from the region, specifically China. Collaboration opportunities are opening with a Kazakhstan to China pipeline. The company is constantly on the lookout for potential assets to acquire.

"We would like to work with companies that have mature assets in their portfolio that complement ours," Dalton says

Yalah...saya pun tau...Pasal sini cakap2 pompuan Russia, old news aje....breaking news tak habab

Suma will develop produce oil and gas and sell to markmore....mark more can generate profit and channel partly profit for further acquisition by SUMA :-)

Wooohooo...go read the edge today....markmore gonna build a methanol plant....via listing in hong Kong!!!!

this thread...a lot of millionaires...but still come here talk about peti sejuk, train, lifts, reban ayam...hehehe

dun worry...still can lah...he can chairman few companies one mah

...macam2 reason except down not because people contra/no QA

sumua olang dengar DH pun mau jual...<[[{(<<shiverrrriiinggg>>)}]]>

fulamak...loaded

what is the business process of QA?? go to SC?? u ppl sure??

totally silap...this sort of news only appears when counter is up...when down....diam aje...kena condemn

semua orang kaya raya here...fulamak

no bidding lah...just whether project postpone or not

ehhh..ingat kan DH mau hold until 50sen++

I thot they will announce AGM by end-Mar...sikalang alr April still no news...maybe staright announce for EGM!!!??

biasa lah...buy low...now wanna sell back

Hibiscus close to contracts
of the jack-up GSP Britannia as a mobile production unit, and the contract for a leased floating storage and offloading vessel. Hibiscus and co-venturer 3D Oil bought the jack-up from Romania’s Grup Servicii Petroliere last year. Sources said Emas Offshore has been in discussions with Hibiscus over the jack...of a modular platform drilling rig. Malaysia’s Hibiscus has a 50.1% operating interest in the field with 3D Oil holding the remaining 49.9%. 3D Oil said recently

Hibiscus close to contracts
HIBISCUS Petroleum is zeroing in on the main contractors it needs for the West Seahorse oil development off south-east Australia, writes Russell Searancke.

DickyMe bei now forecast > 0.35sen

no buy last time forecast < 0.25?

insider any info when fly north?

@DH really admire ur perseverance in face of selldown in SUMA... give me strength to hold on :-)

hollllyyyyy shitttttttttttttt

to go to 0.65-0.70...assume price earnings 20x...SUMA need earning per share of 0.70/20=0.035....with the GDPA and oil revenue...this is a possibility

so clearly Bursa need to approve...many ppl bising here say PP is blocking shares up...this is rubbish....kalau share naik...lebih banyak PP duit SUMA can get...

thing is SUMA is PN17...and all accounts need to be validated by external auditors...once OK...baru ada chance PP

here I copy paste...from TGOFSS punya PP...

We refer to the announcements made by Kenanga Investment Bank Berhad (“KIBB”), on behalf of the Board of Directors of Tanjung (“Board”) on 23 July 2013 and 14 August 2013 in respect of the Proposed Private Placement.
Further to the above, KIBB, on behalf of the Board, is pleased to announce that Bursa Malaysia Securities Berhad (“Bursa Securities”) had vide its letter dated 20 August 2013 (“Approval Letter”) approved the listing of and quotation for up to 37,613,000 new ordinary shares of RM0.50 each in Tanjung (“Placement Shares”) to be issued pursuant to the Proposed Private Placement("Additional Listing"), on the Main Market of Bursa Securities, subject to the following conditions:-

DSONIC got 675mil shares...kalau naik RM1 pun capitalization baru naik RM675,000,000.

SUMA got 3.1billion shares...kalau naik 20 sen dah naik also RM600,000,000 capitalization

so cannot compare lah...industry also lain2...

hopefully Mr MaJingli can do something...he's in the board...keep fingers crossed for those who invested

stonenut --> trioloos --> kingofstock --> april fool

Why no news?

Coz Bursa needs sum a account to be validated by 3rd party...then baru can approve