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

0.00 - 0.00

Trading Volume

0


143 people like this.

154,731 comment(s). Last comment by Sanatan 1 month ago

cashflow

3,642 posts

Posted by cashflow > 2019-10-01 00:16 | Report Abuse

Suspension, not termination. Also MELL can dictate to activate SCSB anytime as TSH moving money left and right

Alex™

12,593 posts

Posted by Alex™ > 2019-10-01 08:31 | Report Abuse

R u ready to huattttttttt

dragonslayer

9,527 posts

Posted by dragonslayer > 2019-10-01 09:18 | Report Abuse

Aiyo...how can Mell proceed alone on the gas project...still owe sumatec alot of money belum bayar..macam tin kosong also leh .if can proceed..the project need alot of fund to proceed leh...mana cari duit to proceed leh..even dapat gas ..if lah..dunno cannor not...sumatec dapat sharing kah...takda black n white cakap now leh...Mell dapat all the gas kah..or sharing with sumatec....lol...aiyoyo...kikiki

Big Shark

5,915 posts

Posted by Big Shark > 2019-10-01 09:48 | Report Abuse

Wah I think dis time got chance untung besar..

Big Shark

5,915 posts

Posted by Big Shark > 2019-10-01 10:02 | Report Abuse

Don't risau la lu.. want shoot up liau..

kenie

761 posts

Posted by kenie > 2019-10-01 10:09 | Report Abuse

Acceptance of notice on suspension of gas processing activities under GDPA from Markmore Energy Labuan Limited ("MELL")
The Board of Sumatec Resources Berhad have received and accepted a notice from MELL that given the circumstances under which SUMATEC is dealing with matters still relating to shipping legacy debts which is affecting Sumatec Corporation Sdn Bhd (“SCSB”) obligation to the gas processing development activities under GDPA, all the gas processing development activities between MELL and Sumatec through its subsidiary SCSB is suspended until further notice.
This is to allow MELL and its subsidiary CaspiOilGas LLP (“COG”) to proceed on their own capabilities more smoothly and unhindered to continue pursuing the gas processing development endeavors in respect to the Rakushechnoye oil and gas field.
This announcement is dated 30 September 2019.

cashflow

3,642 posts

Posted by cashflow > 2019-10-01 10:15 | Report Abuse

They had to release some news to eat 1.5 cents - 2 cents desperately before triggering a rally.

Big Shark

5,915 posts

Posted by Big Shark > 2019-10-01 10:24 | Report Abuse

People buy 11 cent , now 2 cent cannot buy meh.. simple calculation pun tak tahu..

Big Shark

5,915 posts

Posted by Big Shark > 2019-10-01 10:34 | Report Abuse

Wah..like dis business sure susah..

Posted by DreamKentut > 2019-10-01 10:46 |

Post removed.Why?

polycarp

1,991 posts

Posted by polycarp > 2019-10-01 10:55 | Report Abuse

I only have a bit left so why bother.
Anyways all these fake news. Better
to wait for the extention

freddiehero

16,721 posts

Posted by freddiehero > 2019-10-01 14:13 | Report Abuse

good news or bad news?

Posted by DreamKentut > 2019-10-01 14:18 |

Post removed.Why?

prince4

1,459 posts

Posted by prince4 > 2019-10-01 16:11 | Report Abuse

halim saad heavy volume selling because sumatec legacy debts , all the gas processing development activities suspended

Big Shark

5,915 posts

Posted by Big Shark > 2019-10-01 16:34 | Report Abuse

Wah dis time die.. 4 cent no sell..

Sanatan

654 posts

Posted by Sanatan > 2019-10-01 16:49 | Report Abuse

regularisation plan submission extended... where got die. Good time to buy,,

j450n

447 posts

Posted by j450n > 2019-10-01 17:57 | Report Abuse

yah ga

samyew1234

1,362 posts

Posted by samyew1234 > 2019-10-01 18:52 | Report Abuse

semua trap

cashflow

3,642 posts

Posted by cashflow > 2019-10-01 20:38 | Report Abuse

Better he resign also, he’s not being visible in the market. Old and slow.

apolloang

18,163 posts

Posted by apolloang > 2019-10-01 23:46 | Report Abuse

why no close shop yet? hahaha

Wil789

174 posts

Posted by Wil789 > 2019-10-02 06:44 | Report Abuse

Today que Su马铁, 0.01 , total 11111111111lots
Future Sumatec rm5.80.
1993 highest Sumatec 8.90

paktua73

18,457 posts

Posted by paktua73 > 2019-10-02 08:11 | Report Abuse

morning too all red stock troopers..
today paktua deployed back..
all our red stock legions to new battle zone to entire klse kingdoms like as:

1-1st platoons now will set at news battlefield after their done fight at Vsolar district..
2-2nd platoons maintained at airasia district..
and they done their duty there..
3-3rd platoons maintained at drb district..
and they done their duty there..
4- 4th platoons was divide to couple battle zone..
4a-1st and 2nd squad still maintained at airasia district..
4b- 3rd and 4th squad will set their new position
after their done fight at ARMADA district..
5-5th platoons maintain at hibiscus district..
6-6th platoons also maintained they battle zone
6a-1st squad at ekovest district
6b-2nd squad at TM district
6c- meanwhile 3rd and 4th squad at Gkent district..
7- 7th platoons still fight at serbadk district..
8- 8th platoons also still fight at dialog district..



for 1st infantry platoons..
they was split on couple district..
for swing fight..

1- 1st squad manage sold almost share at reach district and now will swing at any stock..

2-2nd squad was divide for two split team
a-sup 1st from 2nd squad still maintained at krono district.
b-sup 2nd from 2nd squad also still at huaan district.
3-3rd squad will swing at any stock..




tut tut
red stock troopers..
let we fight with our own Style..
fear is not our option
dare to to buy or die try is our mission..

Alex™

12,593 posts

Posted by Alex™ > 2019-10-02 08:48 | Report Abuse

Whos goin to huat with me today?

polycarp

1,991 posts

Posted by polycarp > 2019-10-02 09:05 | Report Abuse

Alex to buy or sell?
Good morning Paktua

pahrow

11 posts

Posted by pahrow > 2019-10-02 09:11 | Report Abuse

hopeless counter

Westeros

834 posts

Posted by Westeros > 2019-10-02 09:16 | Report Abuse

No movement today all hanging....

paktua73

18,457 posts

Posted by paktua73 > 2019-10-02 10:28 | Report Abuse

morning2 polycarp..
paktua still love play here..
previously was down till 0.005
with out anyone predicted..
sumatec able to rise up till 0.04..

now its will be happen back..
sumatec always play with he own style..

when all predict sumatec die..
he will rise..
when all say he will rise sumatec uturn down..
here paktua always play fast from hold 0.025 then absorbed the loses sell at same level then buy back some at 0.02 sold back more at 0.02
now will wait back at 0.005
when all say sumatec will die paktua dare to dive..



tut tut
theee thee

Posted by OneCrazyMadBull > 2019-10-02 11:48 | Report Abuse

Aramco look for Petronas regarding IPO.. hmmm munkin Petronas kata .. eh Aram lu gi jumpa Suma angkat dia punya counter buat listing la ..hehehe

Alex™

12,593 posts

Posted by Alex™ > 2019-10-02 13:28 | Report Abuse

Haha... All wait half sen only hoot... But leh... If really half sen tmr, u dare buy or not?

Leoleo

5,508 posts

Posted by Leoleo > 2019-10-02 14:12 | Report Abuse

Hantam

Darth_

96 posts

Posted by Darth_ > 2019-10-02 14:42 | Report Abuse

0 sales why can be 1.5-2 sen? Should be 0.005.

polycarp

1,991 posts

Posted by polycarp > 2019-10-02 16:47 | Report Abuse

Dream also disappeared

DreamSorcerer

1,140 posts

Posted by DreamSorcerer > 2019-10-03 00:17 | Report Abuse

yah gah

cashflow

3,642 posts

Posted by cashflow > 2019-10-03 00:17 | Report Abuse

What happen to JIA agreement which Sumatec should benefit.

"Both of these investment programmes will tentatively benefit Sumatec in the following manner: Petroleum operation to be carried by COG on its own funding initiative, whilst giving Sumatec the time to resolve its legacy debts issues; and the company is not expected to invest in the capital expenditures. It will still benefit from the future increase in production as per the terms of the JIA (joint investment agreement)," Sumatec said.

It is referring to the JIA it inked with COG and Markmore Energy (Labuan) Ltd in 2012, to extract hydrocarbon in the Rakushechnoye oil and gas field (Shelly oil field) in Kazakhstan.

Posted by Ammar Roshidy > 2019-10-03 08:24 | Report Abuse

From 50 cts to 2 cts. Time for its reverse. The market is loosing hope so it's on oversell. most investors have left this counter......

cashflow

3,642 posts

Posted by cashflow > 2019-10-03 09:59 | Report Abuse

Bocor again

cashflow

3,642 posts

Posted by cashflow > 2019-10-03 10:01 | Report Abuse

Either TSH playing games with all this funny news to buy back low, or it is due to the submission deadline.

cashflow

3,642 posts

Posted by cashflow > 2019-10-03 10:11 | Report Abuse

It's good, let alone TSH as VC run the show. Pay less salary to board member.

cashflow

3,642 posts

Posted by cashflow > 2019-10-03 10:14 | Report Abuse

There you go, Talib just cashed out.

kenie

761 posts

Posted by kenie > 2019-10-03 10:16 | Report Abuse

Resignation of ABU TALIB BIN ABDUL RAHMAN As Managing Director

maya1301

660 posts

Posted by maya1301 > 2019-10-03 10:18 | Report Abuse

3,844,000 shares distribution!!!
0.005 coming back soon

cashflow

3,642 posts

Posted by cashflow > 2019-10-03 10:23 | Report Abuse

Buy still active at 1 cents. looks like board exchanging

Bursa1575

918 posts

Posted by Bursa1575 > 2019-10-03 10:24 | Report Abuse

Going to the hell again

emzekwhy

211 posts

Posted by emzekwhy > 2019-10-03 10:26 | Report Abuse

support level is at 5 cents very strong

richman

10,110 posts

Posted by richman > 2019-10-03 10:26 | Report Abuse

delisting soon

richman

10,110 posts

Posted by richman > 2019-10-03 10:27 | Report Abuse

MD resigned was the indicator

lsg10

146 posts

Posted by lsg10 > 2019-10-03 10:31 | Report Abuse

gile betul kaunter ni..

paktua73

18,457 posts

Posted by paktua73 > 2019-10-03 10:32 | Report Abuse

woi woi sapa nak nak buang cepat buang..
buang ramai ramai at 0.005
cepat buang ramai ramai..
sebab..
sebabnya..
dan kerana sebabnya..
paktua nak beli wat company juai besi buruk at aqtaw..

tut tut
serious mmg akn beli kaw kaw

richman

10,110 posts

Posted by richman > 2019-10-03 10:32 | Report Abuse

I think if I am not wrong that sumatec till end of this month to regularize or else will be delisted.AM I right?

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