So how much is Suma going to get from constructing that said Condensate ExtractionPlant (CEP)? Now, lemme play around with some basic arithmetic.
According to the agreement cited in that company announcement: "Sumatec share of the final products resulting from the CEP shall be 332 MT of LPG and 5,000 barrels of condensate per day, after all cost".
LPG Component: Now, current average price of LPG = US$0.65 per litre. 1 litre LPG = 0.51 kg 1 MT (i.e. metric tonne) = 1,000 kg So, payments expected from LPG component = 332 MT/day x 1,000 kg/MT x 1/0.51 litre/kg x 0.65 dollar/litre = 422,968 dollars/day.
Condensate Component: Now, current condensate price = US$70 per barrel So, monies expected from condensate component = 5,000 barrels/day x 70 dollars/barrel = 350,000 dollars/day
Therefore, total payments expected = 422,968 dollars/day + 350,000 dollars per day = 772,968 dollars/day
Assuming two weeks downtime (maintenance etc.) per year, productive days remaining = 351 days per year.
So, total annual payments expected = 771,968 dollars/day x 351 days/year = US$270.96 million per year
Posted by RickyHo > Mar 30, 2018 04:33 PM | Report Abuse
manyak pandai makan iban bilis duit...tan sri. minta ikan bilis duit beli sendiri company ______________________________________________________________________
Save as disclosed below, none of the Directors or major shareholders of Sumatec and any persons connected with them have any interest, direct or indirect in the Proposals. The major shareholder of Sumatec namely, TSHS is deemed interested in the Proposed CEP Production as he is the Director and 99.9% shareholder of MELL. Abu Talib bin Abdul Rahman is a Managing Director of Sumatec. He is also a Director of Markmore. Hence, Abu Talib and TSHS are deemed interested in the Proposed CEP Production.
--------------------------------------------------------------------------------------------------------------------------- Manyak pandai tan sri ...minta duit ikan bilis untuk sendiri company Mell . Kali in tan sri manyak kaya lo
Markmore has debt in sumatec receivable. now sumatec need to right issues and loan billion dollar to buy markmore and a lot of projects. TSHS is really rich & cunning. All is under his control. lol
Normally goreng one round first before rights issue because some people want to buy to get the rights. Just like bonus issue. People want to goreng or rush to get the stock before the rights announcement. So let it go up first. Only after the rights and ex-date only the stock will go down.
Akai if anybody can answer the question of if it's going up or down then all of us will be playing with millions already. ..but the sad truth is nobody knows the market direction ....I hope this answers your question
ok,ok,ok. all set aside u see The akai has been given answers from u all. now make no mistake The Akai has answers of his own to u all. will sumatec up tomorrow?well... IT DOESN'T MATTER IF SUMATEC UP TOMMORROW!........ what matters most is The Akai will take all the shares paper. crumble it into big balls, turn u all side ways,& PUSH IT UP UR MONKEY ASSES! If u smell la,la,la,la! What the Akai is cookin!
with all the proposals out last friday if u stop & listen carefully. sumatec! sumatec! chants of the millions! & millions! of the peoples top stock! the most electrifying stock in bursa tomorrow!
Ah Karp, if you got tonnes of cash, you try looking at Dialog lor. I olety started looking @RM2. Now it is RM3.22
I gv advice to folks in Suma to look at it when it reached 2.50 also, but not many listened.
Maybe you just try couple lots or so first, see how it works.
Post a Comment
People who like this
New Topic
You should check in on some of those fields below.
Title
Category
Comment
Confirmation
Click Confirm to delete this Forum Thread and all the associated comments.
Report Abuse
Please Sign In to report this post as abuse.
Market Buzz
No result.
Featured Posts
MQ Trader
Introducing MY's First IPO Fund for Sophisticated Investors!
MQ Chat
New Update. Discover investment communities that resonate with your ideas
MQ Trader
M & A Value Partners IPO Equity Fund has been launched - Targeted 13% Return p.a
Latest Videos
0:17
New IPO: Building management systems (BMS), solar thermal systems and energy-saving services provider, Solar District Cooling Bhd aims to list on the Ace Market!
MQ Trader 856 views | 5 d ago
0:17
New IPO: The onshore and offshore support services provider for the O&G industry, Steel Hawk Bhd aims to list on the Ace Market!
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
kirawang
240 posts
Posted by kirawang > 2018-03-30 15:53 | Report Abuse
sendiri beli sendiri jual punya proposal tan sri juga kaya maa