Posted by Stone Huat > 2013-11-14 16:04 | Report Abuse

useless warrant

Posted by Haha > 2013-11-14 17:06 | Report Abuse

i'm enter at 26.5sen on last friday n sold at 31.5sen yesterday...last minute...i think..should wait until wb listing...the price will be more strong...

Posted by derrickinvestor > 2013-11-14 20:05 | Report Abuse

Haha u think it will rise in this wa b4 listing?

Posted by Haha > 2013-11-14 20:32 | Report Abuse

don't know..it's dependent on mother..as u said..the wb price maybe at 30sen..so..wa will not rise so much...whatever
the mother rise it just up a little in wa..coz wa not follow the mother at all...but after wb listing...anything can happen..if wb listed...people will push more in wb than wa...

Posted by derrickinvestor > 2013-11-15 21:06 | Report Abuse

if mother surge and wa not move is a good sign to exercise wa to mother... if it cross 0.32 difference

Posted by smartinv > 2013-11-20 06:40 | Report Abuse

WA vs. WB

Reference price as at 19 Nov:
Current Mother price: 0.335 sen
Current WA price: 0.22 sen

"WA Profile"
Issue Size: 118,756,997 shares
Expiry Date: 03/03/2021 (7.5 years to go)
Conversation Price: 0.32 sen
Intrinsic Value: 0.015 sen (0.335 - 0.32)
Premium: 0.205 sen (i.e. 0.22 - 0.015)
Remarks: Out of money. E.g. cost to convert to mother share is 0.54 sen (i.e. 0.22 + 0.32) whereas can by mother share from market at 0.335 sen now (pay premium of 0.205 sen).

'WB Profile"
Issue Size: 680,555,239 shares
Expiry Date: 21/10/2018 (new 5 years)
Conversation Price: 0.175 sen

What is WB fair market price on 21 Nov?

Price Assumption 1 (based on WA premium of 0.205 sen): 0.38 sen (i.e. 0.175 + 0.205)
Remarks: 0.38 is higher than the current mother price of 0.335 sen, not logic/possible!

Price Assumption 2 (based on Intrinsic Value concept): 0.16 sen (i.e 0.335 - 0.175)
Remarks: WB has lower conversation price of 0.175 sen than WA of 0.32 sen. Therefore, WB fair share price should be higher than WA.

Conclusion:
(1) Based on the above assumptions, the fair market price for WB should be above WA price (0.22 sen) and below mother price (0.335 sen).
(2) or WA is OVER PRICED!

Happy Investing Everyone!
Rich Dad: Money don't grow on tree.

Posted by gynko3655 > 2013-11-20 19:16 | Report Abuse

Smartinv - thanks for sharing. I am not too good on this. But by looking at Price Assumption 1, don't you think that someone will push the mother price up ? So that WB price will look reasonable.

Posted by smartinv > 2013-11-20 20:22 | Report Abuse

Info for warrant holders [Source: Prospectus & Bursa Announcement]
==========================================================

WA vs. WB
=========

Reference price as at 20 Nov closing:
Current Mother price: 0.34 sen
Current WA price: 0.25 sen

"WA Profile"
Issue Size: 118,756,997 shares
Expiry Date: 03/03/2021 (7.5 years to go)
Conversation Price: 0.32 sen
Intrinsic Value: 0.02 sen (0.34 - 0.32)
Premium: 0.23 sen (i.e. 0.25 - 0.02)
Remarks: Out of money. Over priced !!! E.g. cost to convert to mother share is 0.57 sen (i.e. 0.25 + 0.32) whereas can buy mother share from market at 0.34 sen now (pay premium of 0.23 sen).

'WB Profile"
Issue Size: 680,555,239 shares
Expiry Date: 21/10/2018 (new 5 years)
Conversation Price: 0.175 sen

What is WB fair market price on 21 Nov?
================================

Price Assumption 1 (based on WA premium of 0.23 sen): 0.405 sen (i.e. 0.175 + 0.23)
Remarks: 0.405 sen is higher than the current mother price of 0.34 sen, not logic/not possible!

Price Assumption 2 (based on Intrinsic Value concept): 0.165 sen (i.e 0.34 - 0.175)
Remarks: WB has lower conversation price of 0.175 sen than WA conversation of 0.32 sen. Therefore, WB fair share price should be higher than current WA price. i.e. WB > 0.25 sen.

Conclusion:
(a) Based on the above assumptions, the fair market price for WB should be above WA price (> 0.25 sen) and below mother price (< 0.34 sen).
(b) or current WA is OVER PRICED !!! WA price face Pressure to come down on 21 Nov.

Happy Investing Everyone!
Rich Dad: Money don't grow on tree.

Posted by derrickinvestor > 2013-11-22 10:15 | Report Abuse

pls rise up... pls

Posted by smartinv > 2013-11-22 16:31 | Report Abuse

Finally, today WB price is above WA! Is normal now.

Happy Investing Everyone!

Posted by derrickinvestor > 2013-11-23 20:53 | Report Abuse

WA still got hope?

Posted by smartinv > 2013-11-24 07:02 | Report Abuse

@derrick

WA conversation price is 32 sen.
WB conversation price is 17.5 sen.
Big conversation price difference of 14.5 sen!

The gap should be around 14.5 sen BUT the actual price difference between WA (23 sen @ 22 Nov) and WB (25 sen) is only 2 sen!!!

Conclusion:
(1) WA has very limited upside.
(2) WB has a lot of upside potential.
(1) or (2) depend on the fluctuation of the Mother price and demand & supply of the warrants.


Happy Investing Everyone!
Rich Dad: Money don't grow on tree.

Posted by esegaban > 2013-11-24 07:09 | Report Abuse

Conclusion sell wa buy wb...if mother up....if mother down??

Posted by Ryaan > 2013-12-03 12:33 | Report Abuse

hold it till Christmas...

Posted by chong79 > 2013-12-19 17:14 | Report Abuse

keep dropping

Posted by goldfish_man > 2013-12-20 18:23 | Report Abuse

newbie here. just bought in another 60 big lots of WA at RM0.165.. just wonder am i stupid?

Posted by bowman > 2013-12-23 12:00 | Report Abuse

Just keep for a new months and when the prices hit 20 sen, you will feel very smart. This company has yet to move out of PN17 and when it does, sentiments will change.

Posted by derrickinvestor > 2013-12-26 11:25 | Report Abuse

not stupid.. smart... it has longer expiry date compare to wb

Posted by xxxx > 2013-12-29 18:44 | Report Abuse

Wb is better. Conversion price is 17.5 vs 32 for Wa. Once it changes direction, it will go up faster. But Wb has a life-span of only 5 years.

Posted by derrickinvestor > 2013-12-30 19:52 | Report Abuse

Come on son... Rise n shine....

Posted by jeffvinay > 2014-02-18 11:36 | Report Abuse

rising abit today

Posted by Gwyneth > 2014-02-18 12:44 | Report Abuse

follow mother uptrend..... good sign

Posted by khairilazizie > 2014-02-18 15:41 | Report Abuse

Hoper so... wb alredi high..

Posted by afifi > 2014-03-31 09:32 | Report Abuse

OO.ooo.sale !!

Posted by HC Lee > 2014-04-14 12:15 | Report Abuse

stablising.........

Posted by Ryaan > 2014-05-14 02:07 | Report Abuse

wake up.. wake up.. rise n shine babehh...

Posted by tstane > 2014-07-17 09:20 | Report Abuse

come follow mother wake up...

Posted by SK Lee > 2014-07-17 20:35 | Report Abuse

I did not realized that WA has a longer expiry period ie till March 2021. No wonder there are such interest in this warrant despite its higher exercise price of RM0.32. Also a good run today.

Posted by pang72 > 2014-07-17 20:36 | Report Abuse

幸馬泰資源放眼2018年 成國內最大油氣公司

企業
財經

17 Jul 2014 17:48
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　（吉隆坡17日訊）PN17公司幸馬泰資源（SUMATEC，1201，主要板貿易）股東及董事后盾強大，最近委任首相胞弟成為董事，並宣佈巨資收購計劃，股價今日續往上衝；該公司管理層放眼，在2018年成國內最大油氣上市公司。

　這家由土著企業家丹斯里哈林沙厄持股25%的公司，計劃耗資4億美元（約13億令吉）供收購油氣資產與建設油田設施，目標是在2018年成為馬股最大油氣公司。

　幸馬泰資源總執行長克里斯道爾頓今日指出，當中2億5000萬美元（約8億萬令吉）供收購油氣資產，另外1億5000萬美元（約5億令吉）則供建設油田設施。

　“收購資產的資金，將結合現金與發行附加股籌集，至于1億5000萬美元的資本開銷，將透過發債取得。”

發附加股籌部分資金

　他今日出席匯報會后這么說；列席者為公司董事陳玉宏。

　幸馬泰資源上週五（11日）就全面獻購Borneo能源油氣公司（簡稱Borneo）簽定架構協議，克里斯道爾頓說，已展開精明審核，將盡速在2個月內簽定買賣合約。

　“整項收購過程估計耗時6個月，發行附加股與債券計劃都會在今年內完成。”

　幸馬泰資源油田業務集中在哈薩克斯坦，他透露，Borneo持有的Buzachi Neft擁有2項油田開採權；另一項油氣資產Karaturun油田，產量比公司現有的Rakushechnoye油田多。

　“我們看好Karaturun油田未來3年可貢獻2萬5000桶油，至于Rakushechnoye油田則貢獻5000桶。”

股價續大熱走高

自首相胞弟拿督阿末佐哈里受委董事后，幸馬泰資源頓成焦點，與兩隻憑單幸馬泰資源-WA（SUMATEC-WA，1201WA，主要板憑單）及幸馬泰資源-WB（SUMATEC-WB，1201WB，主要板憑單）股價波動甚大，週四（17日）續大熱走高，共2.5億股易手。

　3隻股早盤雖平盤迎市，但在火熱買盤帶動下，很快分居10大熱門股榜3個席位，休市時交投量已逼近2億股；幸馬泰資源揚高1.5仙至41仙。幸馬泰資源-WA掛34.5仙，起1.5仙；至于幸馬泰資源-WB則增2仙至35.5仙。

　幸馬泰資源52週新高掛82仙；52週新低報25仙。

　截至4點半，幸馬泰資源起1.5仙至41仙。幸馬泰資源-WA掛35仙，揚2仙，反觀幸馬泰資源-WB則攀高2仙至35.5仙，合計成交量2億4971萬7200股。

Posted by SK Lee > 2014-07-18 07:04 | Report Abuse

KUALA LUMPUR: Sumatec Resources Bhd plans to raise half the amount it needs to pay for two new assets worth US$250mil (RM794mil) it is proposing to buy in Kazakhstan via a rights issue and the rest through an issuance of shares.

Though it is a PN17 company, Sumatec wants to tap the capital markets for funds and expects the rights to be issued before the year is out.

All that is dependent on how fast it can enter into a sale and purchase agreement with the two asset owners, though Sumatec chief executive officer Chris Dalton told reporters yesterday that he expected a deal to be concluded before year’s end. The due diligence is under way.

Dalton also expects Sumatec to be out of the PN17 status next month.

Last week, Sumatec said it had entered into a framework agreement with Abu Talib Abdul Rahman and Dr Murat Safin to buy the entire equity interest in Borneo Energy Oil and Gas Ltd for US$250mil, which in turn has rights over Bazachi Neft LLP, which is an independent upstream oil and gas company involved in the exploration, production and trading of oil and natural gas. Sumatec is a service provider in the downstream sector of the oil and gas industry.

Buzachi currently has two 25-year subsoil use contracts, valid till November 2026, for the exploration and production of oil and gas in Karaturun Vostochnyi and Karaturun Morskoi fields (Buzachi fields).

He explained that the Buzachi fields, which were in shallow waters (one to two metres deep), were located about 277km northeast of Aktau city in the northern part of Mangistau region, Kazakhstan. There are 26 wells at the fields, five of which are currently in production and producing between 400 and 600 barrels of oil per day. Oil transportation is convenient as the fields are located just 180km away from the main Uzen-Atyrau-Samara oil pipeline.

Dalton said upon completion of the purchase of the two assets, Sumatec intended to ramp up production and in three years’ time he reckoned Sumatec, with all its other oil and gas assets, would be able to produce about 3,500 barrels of oil per day.

Apart from holding a stake in Borneo Energy, Abu Talib also owns 0.6% equity in Sumatec, and is a long-time associate of Tan Sri Halim Saad, who has 23.96% in Sumatec.

Dalton expected a contribution of US$1.62mil to Sumatec’s profit in the fourth quarter of this year from the two assets, and the figure will be substantial next year.

Beyond the US$250mil outlay, Dalton said the company also needed to spend about RM150mil in capital expenditure for additional facilities at the fields which would be raised via issuance of bonds.

Sumatec also has the rights to the oil and gas field in Rakushechnoye, Kazakhstan, which has yielded a 14.5% increase in proven oil reserves to 129 million barrels.

Sumatec closed 2.5 sen up at 42 sen yesterday.

Posted by derrickinvestor > 2014-07-23 12:48 | Report Abuse

Aiiiikkkkk falling

Posted by derrickinvestor > 2014-07-31 16:29 | Report Abuse

come on 0.40

Posted by SK Lee > 2014-07-31 17:03 | Report Abuse

I have increased my shareholding of WA the past few days. If you observes, amongst Mother, WB and WA, WA will always have the best increase in quantum and % vise. Further, even though WA has higher exercise price, it also enjoy a longer maturity period till 2021. So if TSHS's plan till 2018 works, WA will stand to benefit more.

Posted by derrickinvestor > 2014-07-31 17:13 | Report Abuse

and your warrant costs?

Posted by SK Lee > 2014-07-31 17:16 | Report Abuse

Around RM0.35 level due to averaging from today's purchases. I have sold some of my WB to move over to WA earlier.

Posted by SK Lee > 2014-07-31 17:17 | Report Abuse

I bought my WB when it was only RM0.225 level

Posted by eric_B4B > 2014-07-31 21:09 | Report Abuse

hollyshit wa better or wb or sumatec CA ? lol

Posted by Nancy Tang > 2014-08-04 09:42 | Report Abuse

BUY,BUY BUY!

Posted by investor668 > 2014-08-04 10:58 | Report Abuse

Gambahteh!!

Posted by 4u2c > 2014-08-07 13:38 | Report Abuse

warrant B shld b more aggressive since thier expiry is nearer but this stk is over goreng liao....not yet finish , warrant price is 5 cts away from mum.....scary .....

Posted by derrickinvestor > 2014-08-07 16:58 | Report Abuse

hahahahha sumwa and sumab same level...

Posted by tomtom8388 > 2014-08-07 18:35 | Report Abuse

Pls guess when mother 1.00 what price for wa & wb?

Posted by derrickinvestor > 2014-08-08 00:19 | Report Abuse

0.90 la bro

Posted by richinvest > 2014-08-11 14:27 | Report Abuse

Wa still cheap sapu !!

Posted by richinvest > 2014-08-12 17:26 | Report Abuse

WA more active

Posted by richinvest > 2014-08-13 09:24 | Report Abuse

0.50 soon

Posted by zam > 2014-08-18 13:19 | Report Abuse

any possibilities for this share to drop until 0.480 for this week or next week?

Posted by Nancy Tang > 2014-08-18 15:08 | Report Abuse

In your dream !

Posted by Livinia > 2014-08-18 15:19 | Report Abuse

Zam, be confidence lah jangan pessimist, sekarang bull market lah, next year baru berhat-hati, year end lagi satu big push, tak percaya? Lets see

Posted by derrickinvestor > 2014-08-18 15:22 | Report Abuse

Nice one nancy tang