SUMATEC RESOURCES BHD

KLSE (MYR): SUMATEC (1201)

You're accessing 15 mins delay data. Turn on live stream now to enjoy real-time data!

Last Price

Today's Change

Day's Change


Trading Volume



143 people like this.

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

DickyMe

14,698 posts

Posted by DickyMe > 2019-07-12 10:16 | Report Abuse

" Posted by Newbiesky > Jul 11, 2019 11:38 PM | Report Abuse
wow, paktua GI lawat durian karnival kat raub ke? haha welcome to raub paktua. haha"

Paktua liwat durian???? Anu besi kot? Kikikiki

moneypedia

5,987 posts

Posted by moneypedia > 2019-07-12 10:34 | Report Abuse

yah gah

kenie

761 posts

Posted by kenie > 2019-07-12 10:49 | Report Abuse

Halim Saad sells more Sumatec shares
KUALA LUMPUR: Tan Sri Halim Saad disposed of 62.748 million shares of Sumatec Resources Bhd at an average price of one sen each on Jan 18, which was an all-time low for the shares.
A filing with Bursa Malaysia on Wednesday showed he sold the shares of the oil and gas services company for RM627,480.
The disposal reduced his shareholding in the company, which is under the Practice Note 17, to 332.04 million shares or 7.80%.
On Dec 20 last year, he disposed of 54.39 million shares for RM543,900.
This could have triggered the plunge in its share price when it tumbled 33% or 0.5 sen to one sen on Dec 24.
In the first nine months to Sept 30, Sumatec posted a net loss of RM1.91mil on revenue of RM2.98mil.
To recap, in late September last year, Bursa Malaysia Bhd, the stock exchange operator, instructed the entire board of directors to attend a training programme after the company failed to undertake a proper assessment of its financial accounts.
The oil and gas company was also publicly reprimanded by Bursa Malaysia.
Sumatec had reported an unaudited profit attributable to the owners of the company of RM27.37mil in the fourth quarter ended Dec 31, 2016 (QR Dec 2016) on Feb 28. 2017.
However, the company reported an audited loss attributable to owners of the company of RM62.018mil in the audited financial statements for the financial year ended Dec 31, 2016 (AFS 2016) announced on April 28, 2017.
The difference of RM89.39mil between the QR Dec 2016 and AFS 2016 represented a variance of 326.6%.
“Sumatec had failed to ensure that the QR Dec 2016 took into account the adjustments announced on Apr 28, 2017,” Bursa Malaysia said in the statement.
The adjustments, Bursa Malaysia said, were mainly due to the company’s failure to undertake proper and reasonable assessment and make provision for liabilities of RM71.415mil and additional impairment of assets of RM10.343mil in accordance with the relevant accounting standards.

kenie

761 posts

Posted by kenie > 2019-07-12 10:49 | Report Abuse

24 Jan 2019 SUMATEC HALIM BIN SAAD Disposed 197,298,800 shares (134,742,000 3.1680% )

23 Jan 2019 SUMATEC HALIM BIN SAAD Disposed 62,748,000
21 Dec 2018 SUMATEC HALIM BIN SAAD Disposed 54,390,000
12 Dec 2018 SUMATEC HALIM BIN SAAD Disposed 25,000,000
29 Jan 2018 SUMATEC HALIM BIN SAAD Disposed 127,000,000
18 Apr 2017 SUMATEC HALIM BIN SAAD Disposed 14,200,000
18 Apr 2017 SUMATEC HALIM BIN SAAD Disposed 9,570,000
13 Apr 2017 SUMATEC HALIM BIN SAAD Disposed 6,076,200
12 Apr 2017 SUMATEC HALIM BIN SAAD Disposed 3,000,000
11 Apr 2017 SUMATEC HALIM BIN SAAD Disposed 25,500,000
7 Apr 2017 SUMATEC HALIM BIN SAAD Disposed 10,000,000
7 Apr 2017 SUMATEC HALIM BIN SAAD Disposed 22,500,000
9 Jan 2017 SUMATEC HALIM BIN SAAD Disposed 6,000,000
9 Jan 2017 SUMATEC HALIM BIN SAAD Disposed 8,000,000
7 Dec 2016 SUMATEC HALIM BIN SAAD Others 19,000,000 (772,025,000 19.96%)

sumatec PN17 nobody want buy....YA...YA...before bursa suspend sumatec ,company put a good news for everybody ...halim hope everybody like this news and is a good news for halim is a good last chance to sell all his worthless shares to change real cash and exit bankruptcy SUMATEC

moneypedia

5,987 posts

Posted by moneypedia > 2019-07-12 10:53 | Report Abuse

open open open aku mau open makan buah kelapa muda...kelapa tua pun ada utk orang tua...

kenie

761 posts

Posted by kenie > 2019-07-12 11:03 | Report Abuse

Sumatec award exploration kazakhstan drilling oil n year 2012 ,now drilling 7 year already no earn money, In the agreement drilling will expiry in year 2021.

kenie

761 posts

Posted by kenie > 2019-07-12 11:08 | Report Abuse

sumatec is halim buy in 2011 inject oil gas kazakhstan drilling contract in 2013 crude oil at the peak just goreng goreng theme play for 2013 and 2014 and 5 years with non profit. exxon mobil,shell,petronas all produce oil have billion billion profit just this sumatec produce oil with low revenue and non profit. the financial report 2013-2017 have profit all come from right issue money.fake financial report fake revenue . now right issue money use finish. halim start sold out their holding shares. halim age 66 .Now halim not businessman is retired man.

kenie

761 posts

Posted by kenie > 2019-07-12 11:08 | Report Abuse

many oil and gas company financial problem and huge debt low cash hight current liabilities
https://klse.i3investor.com/blogs/tombthieves/214176.jsp

Posted by Hock Keong Ang > 2019-07-12 11:09 | Report Abuse

When 1 sen cakap ini company sudah mahu suspend & delisting,tiba-tiba naik 4.5sen cakap jangan kena tipu.saya pun pening lah.lepas ini apa lagi ?

Leoleo

5,508 posts

Posted by Leoleo > 2019-07-12 11:18 | Report Abuse

yagah ? dun spread old news la.. u got know the oil field concession period is already extended or not? google more pls

kenie Sumatec award exploration kazakhstan drilling oil n year 2012 ,now drilling 7 year already no earn money, In the agreement drilling will expiry in year 2021.
12/07/2019 11:03 AM

Posted by Hock Keong Ang > 2019-07-12 11:28 | Report Abuse

If Sumatec lift out PN17,u think sumatec lagi boleh dapat 3sen ka.RM1 pun tak tahu boleh dapat atau tidak. ha ha

kenie

761 posts

Posted by kenie > 2019-07-12 11:30 | Report Abuse

cash flow 10 thousand
debt 22.53 millions
current liabilities 346.25 millions
any time will suspend and de-listing/bankruptcy

kenie

761 posts

Posted by kenie > 2019-07-12 11:34 | Report Abuse

No cash flow no money pay debt this year current liabilities need money settle supplier ..worker salary not enough money operating ...will bankrap lo... every body shares holder can use own money buy ticket go Kazakhstan and take a barrel crude oil come back malaysia pump you own car...oh forget you need refining first before you pump into you car haha ...

Alex™

12,593 posts

Posted by Alex™ > 2019-07-12 11:42 | Report Abuse

hehe...'book' investor

Alex™

12,593 posts

Posted by Alex™ > 2019-07-12 11:42 | Report Abuse

buffett say when ppl fear, you greedy

polycarp

1,991 posts

Posted by polycarp > 2019-07-12 11:52 | Report Abuse

Mustangking what you good for??

fuzi

14 posts

Posted by fuzi > 2019-07-12 11:56 | Report Abuse

sumatec 1.5c next 5c

Posted by Hock Keong Ang > 2019-07-12 11:57 | Report Abuse

14 Jun 2017
The Star
Sumatec gets 25-year extension on Kazakhstan oil

leelin

39 posts

Posted by leelin > 2019-07-12 12:01 | Report Abuse

fuzi bro...you means Netx 1.5sen also same as sumatec

polycarp

1,991 posts

Posted by polycarp > 2019-07-12 12:03 | Report Abuse

Good for nothing loh

Jaden

5,915 posts

Posted by Jaden > 2019-07-12 12:06 | Report Abuse

They korek minyak or korek company money..

DickyMe

14,698 posts

Posted by DickyMe > 2019-07-12 12:19 | Report Abuse

Korek jubur kot? Kikikikiiki Politicians like it

Chewa

30 posts

Posted by Chewa > 2019-07-12 12:45 | Report Abuse

Mengorek kambus mengorek kambus

paktua73

18,465 posts

Posted by paktua73 > 2019-07-12 13:04 | Report Abuse

bukan korek but cungkil,kopak..
cungkil..kopak..baghu harummm baunya..
sumokote pasti keras lagi

tut tut
ihik ihik
goyang di pohon krono msk..
alaa bushuk

DreamEmperor

3,340 posts

Posted by DreamEmperor > 2019-07-12 13:18 |

Post removed.Why?

paktua73

18,465 posts

Posted by paktua73 > 2019-07-12 13:50 | Report Abuse

mari mari kita meriahkan fiesta durian carnival raub di dataran raub bermula hari ini hingga ahad
sambil berbelanja kita bersua kenal..

tut tut
hanya hadir hari ahad shja..
tambah askar red stock hunter
hehehe

DreamSorcerer

1,140 posts

Posted by DreamSorcerer > 2019-07-12 14:30 | Report Abuse

yah gah

j450n

447 posts

Posted by j450n > 2019-07-12 14:32 | Report Abuse

no lah

faizal

1,457 posts

Posted by faizal > 2019-07-12 15:02 | Report Abuse

Tun dragonslayer , YB moneypedia , Dato Seri paktua73 ,Tan Sri Lim Goh Tong , Dato pang72
Dato Sri DreamSorcerer .CPE growth Fund beli Netx.

eatsmall

1,552 posts

Posted by eatsmall > 2019-07-12 16:09 | Report Abuse

time past..tinggal hardcore..harap kompang & riuh kembali..

Posted by SweetNovember > 2019-07-12 16:14 | Report Abuse

REACH 0.175 ALL IN

Posted by AiOne Corner > 2019-07-12 16:18 | Report Abuse

Wow .. KNM had climbing up quite impressive this year from 0.07+ to 0.36 ... This time we will see how far Sumatec will do .. Will it be the same or higher n brighter future... Cheers.. Nothing is impossible ... it just, Whether you believe it or not ... ;D

paktua73

18,465 posts

Posted by paktua73 > 2019-07-12 16:27 |

Post removed.Why?

Jaden

5,915 posts

Posted by Jaden > 2019-07-12 16:28 | Report Abuse

Halim sell share 1 minggu..

polycarp

1,991 posts

Posted by polycarp > 2019-07-12 16:51 | Report Abuse

Paktua buy at 4 cents. Next week
will up 6sens. I hope you predict
will be true

bizzybone

285 posts

Posted by bizzybone > 2019-07-12 16:57 | Report Abuse

This counter is still super high risk but there is also the possibility of uplifting PN17 following the recent positive outcome with the Kazakh asset.

I bet the relevant parties are working hard behind the scenes to get this Co in order now that there will be some cashflows coming in.

I'm in full agreement with @scrown

Jaden

5,915 posts

Posted by Jaden > 2019-07-12 17:06 | Report Abuse

I kena teruk here..

Jaden

5,915 posts

Posted by Jaden > 2019-07-12 17:08 | Report Abuse

Sampai 4 or 5 cents baru can smile.. & sell habis habis

polycarp

1,991 posts

Posted by polycarp > 2019-07-12 17:18 | Report Abuse

Paktua pandai sing song

paktua73

18,465 posts

Posted by paktua73 > 2019-07-12 18:03 | Report Abuse

hahaha ok2..dragon..
polycarp comelaa at pekan raub we eat dulian

tut tut
dulian dulian dulian

polycarp

1,991 posts

Posted by polycarp > 2019-07-12 21:42 | Report Abuse

Very sweet of you Paktua.

Newbiesky

792 posts

Posted by Newbiesky > 2019-07-12 21:45 | Report Abuse

for free ke paktua? haha

moneypedia

5,987 posts

Posted by moneypedia > 2019-07-12 21:47 | Report Abuse

fuh samapai hati paktua tak ajak aku...ish ish ish sob sob kikiki

paktua73

18,465 posts

Posted by paktua73 > 2019-07-13 00:12 | Report Abuse

laa money mailaa kat raub
msk banyak tu..
hang di alu alukan

tut tut
xlupa member

Alex™

12,593 posts

Posted by Alex™ > 2019-07-13 10:54 | Report Abuse

good morning comrade. what's on menu today?

jasontan1177

1,768 posts

Posted by jasontan1177 > 2019-07-13 11:26 | Report Abuse

Kazakhstan golden pisang.

paktua73

18,465 posts

Posted by paktua73 > 2019-07-13 11:38 | Report Abuse

raub msk fee rm20 perhead..

tut tut
dulian dulian

anticonman

533 posts

Posted by anticonman > 2019-07-13 11:44 | Report Abuse

Digi QR yesterday already out. Why Suma must wait end Aug? Got sales or not still don't know?

anticonman

533 posts

Posted by anticonman > 2019-07-13 11:48 | Report Abuse

If announce QR asap and future prospects maybe can buy. Why HS not buying yet?

Posted by SirLockCro > 2019-07-13 12:19 | Report Abuse

HS bought secretly thru proxy......... Becoz he carried a bad name B4...the sentiment very delicate ... Its good for Sumatec to go along without HS.....

Post a Comment
Market Buzz