SUMATEC RESOURCES BHD

KLSE (MYR): SUMATEC (1201)

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Last Price

0.005

Today's Change

0.00 (0.00%)

Day's Change

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143 people like this.

154,731 comment(s). Last comment by Sanatan 2 months ago

Tongkarat

7,588 posts

Posted by Tongkarat > 2018-11-30 08:26 | Report Abuse

Aiyoyo...

Posted by pkmdirector > 2018-11-30 12:37 | Report Abuse

Be steady! sumatec 2 billion debt is a small case if compare with armada debt 96 billion. It can flying up when enough job operation money. At that time no problem to pay the debt. SMILE....

cashflow

3,642 posts

Posted by cashflow > 2018-11-30 15:49 | Report Abuse

It's just a matter of time to see light if Sumatec makes a healthy announcement on QR report.

hohoho123

3,165 posts

Posted by hohoho123 > 2018-11-30 17:22 | Report Abuse

revenue 0 wtf

cashflow

3,642 posts

Posted by cashflow > 2018-11-30 17:22 | Report Abuse

If they produced 5000 bbls per day xUSD65 (average) x 90 days, revenue should at least be USD 29 million. Assume lifting cost half of it, profit still about USD 14.5MM

hohoho123

3,165 posts

Posted by hohoho123 > 2018-11-30 17:24 | Report Abuse

con pany

hollandking

3,694 posts

Posted by hollandking > 2018-11-30 17:29 | Report Abuse

wow

cashflow

3,642 posts

Posted by cashflow > 2018-11-30 17:30 | Report Abuse

Haha. Revenue hide in offshore account. TSH hiding for retirement?

cashflow

3,642 posts

Posted by cashflow > 2018-11-30 17:35 | Report Abuse

Is it because of payment terms in contract? Maybe they get paid after ?

Posted by pkmdirector > 2018-11-30 17:35 | Report Abuse

没钱开工,亏少当赚 SMILE...

692718720

2,056 posts

Posted by 692718720 > 2018-11-30 17:40 | Report Abuse

First time see 0 revenue le.......wtf

Darth

7,496 posts

Posted by Darth > 2018-11-30 17:42 | Report Abuse

Aiyayoooo!

cashflow

3,642 posts

Posted by cashflow > 2018-11-30 17:44 | Report Abuse

It was not a while ago when company pledge to recover
https://www.thestar.com.my/business/business-news/2018/05/05/can-sumatec-escape-pn17-again/

Darth

7,496 posts

Posted by Darth > 2018-11-30 17:45 | Report Abuse

Tangkap HS.
INI pakat sama Losmak pakai MELL kasi wang keluar. Aiyayooo.

Posted by pkmdirector > 2018-11-30 17:47 | Report Abuse

i only know, satu tong 200 pun tak guna. Management Team, COME ON!

Darth

7,496 posts

Posted by Darth > 2018-11-30 17:48 | Report Abuse

End of the day. Most likely Sumatec was used to siphon out Money instead of drilling oil.
SC have to clarify what was the contract between Khazakstan oil field with Sumatec if at all there was one.

Darth

7,496 posts

Posted by Darth > 2018-11-30 17:50 | Report Abuse

Our SC has got a big problem if you ask me.
They know what has been happening but choose to keep quiet.
Many hidden hands in SC likely making money from the side.

cashflow

3,642 posts

Posted by cashflow > 2018-11-30 17:51 | Report Abuse

HS trying to swindle. He’s not competent to run the business. He could have obtain license to sell curry puff in Kazak, at least can make see some Revenue

Posted by pkmdirector > 2018-11-30 17:54 | Report Abuse

maybe like this: revenue 0 @ lose one million / but if revenue > 0 @ lose one billion. So, SMILE...

cashflow

3,642 posts

Posted by cashflow > 2018-11-30 17:59 | Report Abuse

HS must be shameful to pledge and not deliver. A loser. He better have a positive statement to cool down investors with Q4 revenue and regularsation plan.

Darth

7,496 posts

Posted by Darth > 2018-11-30 18:00 | Report Abuse

What exactly happened to Sumatec?
Another 1Mdb story?

Posted by pkmdirector > 2018-11-30 18:05 | Report Abuse

James Ng https://klse.i3investor.com/blogs/general/183873.jsp 
[转贴] [Facebook live:浅谈Sumatec Resources Bhd (Sumatec)] - James的股票投资James Share Investing

Maybe he can help you!

Tongkarat

7,588 posts

Posted by Tongkarat > 2018-11-30 18:05 | Report Abuse

Aiyooooooooooooooooooo...aiyoyo

Tongkarat

7,588 posts

Posted by Tongkarat > 2018-11-30 18:05 | Report Abuse

Aiyooooooooooooooooo...aiyoyo

Tongkarat

7,588 posts

Posted by Tongkarat > 2018-11-30 18:06 | Report Abuse

Aiyooooooooooooooooooo...aiyoyo

cashflow

3,642 posts

Posted by cashflow > 2018-11-30 18:07 | Report Abuse

I hope HS gives proper excuse that revenue deferred to Q4 due to payment term

cashflow

3,642 posts

Posted by cashflow > 2018-11-30 18:10 | Report Abuse

HS cannot escape. A lot of retail investors expecting an explanation over his pledge. I don’t think he wants to be seen being sued and viraled in social media. After all reputation and legacy matters

Darth

7,496 posts

Posted by Darth > 2018-11-30 18:15 | Report Abuse

Only way HS to escape is with Daim and Mahathir.

Posted by pkmdirector > 2018-11-30 18:17 | Report Abuse

Director police case is one case, zero revenue is second different case., what contract signed the another case, langsung tak mula kerja korek kah?

Darth

7,496 posts

Posted by Darth > 2018-11-30 18:17 | Report Abuse

That's not the biggest issue.
Where is our SC (Securities Commission) and Bursa Malaysia is involved with so many companies listed knowing what was happening but ignored making money on the side.

Posted by pkmdirector > 2018-11-30 18:22 | Report Abuse

Be frankly, this time lost is expected. Just unexpected only lost one million. TOMORROW WILL BE BETTER!

Darth

7,496 posts

Posted by Darth > 2018-11-30 18:25 | Report Abuse

Show the contract signed.

Darth

7,496 posts

Posted by Darth > 2018-11-30 18:26 | Report Abuse

If contract signed, why no Oil digging till today?

Darth

7,496 posts

Posted by Darth > 2018-11-30 18:34 | Report Abuse

We Retailers over here no need to argue.
Where IS the contract Halim signed on behalf of Sumatec with Khazakstan oil field?

Darth

7,496 posts

Posted by Darth > 2018-11-30 18:36 | Report Abuse

SC can publish tomorrow or day after.
The Edge if independent can Go dig and expose.

Posted by pkmdirector > 2018-11-30 19:08 | Report Abuse

Maybe you can looking to her.

WAN CHOON YEN Assistant Vice President, Issuers
Listing, Regulation
zo

Cc : Market Surveillance Dept. , Securities Commission (via fax)

TheMiddle

789 posts

Posted by TheMiddle > 2018-11-30 19:42 | Report Abuse

the smartest counter in the world, no revenue, less lose!
So, where is sumatec's client? no need to grab market share? lol

Darth

7,496 posts

Posted by Darth > 2018-11-30 19:55 | Report Abuse

Welcome to Bursa Malaysia.
Where the land holding powers swindling!

TheMiddle

789 posts

Posted by TheMiddle > 2018-11-30 19:56 | Report Abuse

A8 Segment information

The Group operates in a single reportable segment. It is essentially engaged in the management and oversight of the oil production operations at the Rakushechnoye Oil and Gas Field in Kazakhstan, and the provision of a study, design and planning of an integrated natural gas monetization programme in preparation of the exploitation of the gas / condensate in accordance to a detailed full field geological and geophysical study of the entire oil / gas concession area.

Darth

7,496 posts

Posted by Darth > 2018-11-30 19:59 | Report Abuse

Oil companie digging are big in the World.
How can Bursa Malaysia doesn't know what has been happening with Sumatec,

TheMiddle

789 posts

Posted by TheMiddle > 2018-11-30 20:42 | Report Abuse

Against director’s fee in next AGM.

somchik

1,234 posts

Posted by somchik > 2018-11-30 20:43 | Report Abuse

Lama sulah siakap ini sume tii.. semua mati ho ho ho .. itu lori talak angkat minyak lagi ho ho..loli losak .. minyak talak kuar lagi ho ho.. itu halim ini saat pun sulah susah mau kontek ho ho . Kikiki . Talak bisnis lagi ho ho .. sape itu SC . . Wa puchi tau ho ho

king36

1,022 posts

Posted by king36 > 2018-11-30 21:15 | Report Abuse

Posted by Darth > Nov 30, 2018 07:59 PM | Report Abuse

Oil companie digging are big in the World.
How can Bursa Malaysia doesn't know what has been happening with Sumatec,

Somebody must take it up with Bursa!!!
Can't let the STOCK just being rolled over like that!

Posted by Elitetrader > 2018-11-30 22:51 | Report Abuse

Oil price falling...falling.

trulyinvest

2,370 posts

Posted by trulyinvest > 2018-11-30 22:58 | Report Abuse

Apa ini? Bankrap n bungkus saje la

Tongkarat

7,588 posts

Posted by Tongkarat > 2018-12-01 00:31 | Report Abuse

Aiyooooooooooooo...aiyoyo

longvalley

2,287 posts

Posted by longvalley > 2018-12-01 07:49 | Report Abuse

Most Ong company can't Cari makan........
Petronas capex reduced.......
Government funds restructure......
No more kwsp, kwap.............
Bnk loan .........byk sangkut.....
..........alternative yg Ada spt yg d buat oleh saprngy....tu pun klu Ada aset.......!!!!???
merge pun org Tak Suka......just tunggu mati berdiri je lah .......... bungkus.,...........!!!!!!

5354_

4,754 posts

Posted by 5354_ > 2018-12-01 12:35 | Report Abuse

Every1 want to buy cheap ctr. Is cheap=good?

trulyinvest Apa ini? Bankrap n bungkus saje la
30/11/2018 22:58

Alex™

12,593 posts

Posted by Alex™ > 2018-12-01 12:38 | Report Abuse

Sumatec still 2.5sen...rock solid!

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