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2014-12-04 21:57 | Report Abuse
oil price wont dip below 50.....he...he... as Saudi also need their return on investment protected as well as Suma.
2014-12-04 21:56 | Report Abuse
Good eveng...he..he.. but afternoon here. Suma still moving around 20-25. Oil price taking a 'coffee break'. Go for yearend holiday and might be good to enter at boxing day. See u all on and off.
2014-12-01 18:31 | Report Abuse
Another thing...Saudi wl jumped in if oil drop below 60.....he....he.....Lets see who wl pushed the 'panic button' when oil price reaching below 65.
2014-12-01 18:26 | Report Abuse
Oil prices hv to be higher than 40 due inflation n increased of world population growth....he...he....As long as Suma cost per barrel around that figure thats should be fine. Hv a good day ahead guys. Stay firm and enjoy yr yearend holiday!
2014-12-01 18:13 | Report Abuse
Ozzie that 50 if all oil well developed as planned. At the moment if 60, Suma wl still be in profit. 4th QR wl show that. Profit margin on 3rdQ shows profit margin of 58% on average price of 100. If Suma start drilling new well, Cost per barrell wl be increased but low oil price wl lower the rate of Rig rental. .....he...he.... Gas revenue was waitg for the LPG plant by PDZ. Better u store it down there as if take it out wl incured cost of storage. Meaning gas reserved was there waitg to be monetised. Not to worry so much but the best thing if u got xtra money is just wait for the rebound and select the 'best of 3 choices' for max ROI.
2014-12-01 17:38 | Report Abuse
USD 60 wl be hard for 3/4 of US shale oil producer. No christmas for them this time.....he....he... But Suma still survive. Let see btwn Suma, Sonarita and 'Bungaraya' which wl survived this time? Lucky for Suma, they hd strarted production in small scale this year with zero gearing. Managed to grab high profit margin before downturn.
2014-12-01 17:31 | Report Abuse
I'm happy if they could produced at least 1500 bpd wth plug and play....he...he.... Gas revenue wl come onstream when the plant is ready. Btw China is stocking cheap oil to accelerate their growth in the future.
2014-12-01 17:26 | Report Abuse
Still here rain or shine but nxt mid this week wl be off for yearend holiday...he...he..Production cost still lower hopefully Suma not embark into drilling new well and stay focus on managing the cost. last Q wl show the figure.
2014-12-01 16:59 | Report Abuse
Like this put everything into freezer.....he...he....better go for yearend holiday nxt week. Comeback for fishing trip after the sea calmer.
2014-12-01 13:58 | Report Abuse
Good Afternoon.....he...he... Like this, hv to behave like Saudi and let the market stabilsed.
2014-11-28 16:52 | Report Abuse
Nature of me, i wont talk bad abt suma. I'm talking abt things that I knew......he...he..like I hd said before, Digest the QR then if good u buy if not good you sell and if u don know what to do u keep in the freezer. 'Someone' wl issue something.
2014-11-28 15:25 | Report Abuse
Lately everybody complaining abt late approval by the authority as what hd happened to Sonarita..... He..he... probably if too much fund raising approved, those 'crown jewel' that wl be listed soon wl not get attention frm investor due too much dishes spoiled the appetite since that 'crown jewel' got a lot of acct prob pre-IPO. But that just a hypothesis, it cant be like this forever. Make yr decision whether u like a chicken or an egg after u confident which one came out first.
2014-11-28 15:15 | Report Abuse
This Oil crisis wl determined who wl succeed. Yr product quality and cost per barrel wl determined yr survival.....he...he...I'm not too worried of suma. If u know the profit margin at 100usd sure u know how much the cost. That cost only wl increased if u start new drilling on new well. Plug n play operation wl increased a fraction but could be offset if u got a good quality oil. Compare all this year QR then u wl get the 'figure'. Only trouble if oil price drop to below 50 but I don think so at this century.
2014-11-28 15:02 | Report Abuse
'Someone' wl issue something....he...he...Good to hv an asset wth a cheaper cost to work on. This cat got 9 lives so to 'skined' for second time should be no prob as the QR hd showed u. 4th QR wl be another profit no worries.
2014-11-28 14:49 | Report Abuse
Suma is still waitg for SC approval on RI.....he...he..No need to panic. Even oil price drop to 60 and no more increase on production suma still register profit. Saudi try to take down the price for US shale to cease operation thus wl reduced the supply in the market. The sooner the price drop is better but Suma wl still make profit even the oil drop to 50. Just digest the figure n u will know how much per barrel they produced now.
2014-11-28 10:08 | Report Abuse
Not to worry. Revenue up n profit up when oul price down shows a resilient on Suma operation....he...he....'Someone' wl issue something. Profit wl still in Suma coffer even oil drop to 60. Bottom line was cost per barrel.
2014-11-28 09:57 | Report Abuse
Good mrng.....he...he... Yest just let the figure do the talking. Good news on 'workover' progress. Revenue n profit up by 100% frm prev quarter.
2014-11-26 15:20 | Report Abuse
Good Afternoon.....he...he..... Mtg tea break so can chat. Just wait for QR. All done and time to tell the facts on Suma performance coming soon. Time to cont mtg. Bye
2014-11-25 18:08 | Report Abuse
Just wait for the QR announcement....he...he... Oil asset is in great competition from Spac. Need a bit more concession to get an IOP status and 'the giant' getting near to Suma doorstep.
2014-11-25 17:44 | Report Abuse
If u know this cat 'got nine lives'' so to skin it on the second time should be no problem .....he...he... on the purpose to keep it healthy for a long time but now it is up to you to believe that whether this cat got 'nine lives' or not.
2014-11-25 17:11 | Report Abuse
To say HS has 'morally obligated' not quite right but to protect his interest as a major shareholder should be a correct word. If u could remember Suma is the only HS vehicle to make a comeback to corporate scene. He got a lot of options on the table to execute the purchase with Suma gearing still at zero and out of PN17. BE is done deal and the revenue wl be in Suma acct. Only thing is what is the best way to 'skin the cat'. .....He..he...Sooner or later u wl know. Soonn...
2014-11-25 16:18 | Report Abuse
Still here......he...he.... Taken a break to visit my neighbor Sonarita. Price hold firm yeah? Pity on her. Some said got better future but on what basis? Age catching up with her to look for a husband.
2014-11-25 15:02 | Report Abuse
If u read carefully Ring above posting regarding Suma purchased........he..he...then u could summarised good or bad news. Tq Ring for yr posting. Good assets hard to get nowadays.
2014-11-25 14:43 | Report Abuse
Thats what I called shorterm....he...he... time is ticking for them to get QA and most people eyeing the refund if no QA materialised. Sonarita is looking for on production field with no need to do exploration same as suma but that is not easy to get nowadays.
2014-11-25 14:33 | Report Abuse
Downward I agree if no revenue like what happened to Sonarita where her boy friend left her in the lurch for an english girl.....he...he...IF RI not materialised and with revenue increasing quarter to quarter solely on oil production and first half total profit of RM11mil secured and with same amount of share issue post PN17. I don think 'downward' is the direction. Worst case scenario, Lets say no progress on new oil well and marginal increased of revenue due oil price. The oil production from previous quarter is still flowing at the same rate but at lower profit. Conclusively with same amount of shares pre-RI and profit register for 2014 post PN17, financially the roadmap was indeed successful. Anyway BE was hold by friendly party of suma, anytime we can make a marriage proposal at a later date.
2014-11-25 14:13 | Report Abuse
If RI wont go thru, you must know where to park yr money....he..he...Our strategy different frm yours but we will still be here and I believed as an season investor and frm yr previous postings, you should know better than me...
2014-11-25 13:55 | Report Abuse
Good Afternoon, true rain or shine I wl still be here....he...he... Lately busy in the mrng due to year end approaching but Suma wl still ride despite low oil price. Just wait for the QR and digest. Low oil prices and RI hd been factored in. What's left?
2014-11-24 16:08 | Report Abuse
Good for those to feel undecided when QR around the corner? but why some people hd booked the seat and vol jumped to 500k?.They knew what u don know?....he...he...fast money don grow on the tree.
2014-11-24 15:47 | Report Abuse
you wl wonder why volume suddently picking up....he...he...just wait for QR. Cost per barrel that most matter and how they mitigate the low oil price risk.
2014-11-24 15:39 | Report Abuse
Now u came to a sense when I relate it to marriage....he...he...why go to other planet? QR wl tell u everything. I think that fair enuf rather than picking up numbers out of nowhere. Investor need certainty to invest. This stock is not like our friend Sonarita that worried abt her mat salleh boyfriend being courted by a pretty english girl or the 'bungaraya' that keep planting their seeds without looking to the soil. Yr money yr choice.
2014-11-24 15:17 | Report Abuse
enuf said.....he...he...just wait for QR. Good u buy, not good u sell else keep in the freezer. Investment is not as difficult as getting married.
2014-11-24 14:55 | Report Abuse
Btw suma forecast was created by its own management as their KPI not frm the IB's. Good to hv management that set their own target.
2014-11-24 14:52 | Report Abuse
If going down then u ask for 10....he...he... Come on everything got its limit or value. Volume tday speak for itself. Suma easily could generate interest from below 100k vol to 1 mil vol. u could see frm the record itself. Easy way out. If not interested just sell but why wait?
2014-11-24 14:44 | Report Abuse
Like I said, Oil price wl hover btwn 80-85.... He...he.. Below 80, opec members wl feel uneasy. Opec wl cut production and shale wl stop unprofitable well. oil consumer country like china, europe n japan wl take advantage or fiscal chg to prop up their economy. Suma, just look at how much progress they make to open up the existing oil well. This year 15 of existing oil well need rework. If each could fetched 100-150 bpd so 2000 bpd wl achieved if progress on track. Wait for QR then digest. First oil well without rework produced 100-150 bpd. As long as cost is lower then profit should always be there.
2014-11-24 14:09 | Report Abuse
Good afternoon.....he...he....Dateline coming soon
2014-11-21 16:05 | Report Abuse
Tips for a good hi tea....he...he..scone must be fresh from oven
2014-11-21 15:30 | Report Abuse
YK
Don
Cry
...
He
...
He
.. Why I got infected? Volume was the lowest.
2014-11-21 15:06 | Report Abuse
Lets QR speak for itself...he...he..volume look exhausted, needs some booster!
2014-11-21 14:52 | Report Abuse
Good Afternoon......he...he... Hi-tea break before the weekend.....be positive on negativity!
2014-11-20 14:36 | Report Abuse
Travoltakeong, not delayed.... He...he.. It must be out. Most important thing is the 'figure'.
2014-11-20 14:32 | Report Abuse
Wait QR out first then digest....he...he...then see whether u wan to be a bull or a bear or a chameleon.
2014-11-20 14:03 | Report Abuse
Good Afternoon........he...he....coming soon just wait. Good buy, not good sell if don know what to do keep...coming soon
2014-11-19 18:54 | Report Abuse
Bye....he...he... See u again tmrw
2014-11-19 18:52 | Report Abuse
Example of panic investor when they don hv deep pockets.....he...he... Yearend family expenses going to bite u and pity yr children. I always remind fellow investors to invest on their excess money. So greedy punters and freeriders this train really make u sweat! Those without holding power start screaming. Those smart wl be positive on negativity! 'Money don grow on trees' must sweat to feel yr own pinch of salt! Yr money yr decision thats a basic principle of personal investing
2014-11-19 17:51 | Report Abuse
Need to be patience if u hv holding power....he...he...set my bullet correctly. Enjoy yr eveng! Coming soon.
2014-11-19 11:13 | Report Abuse
To be positive on negative should be a good move for me....he...he...Those sleeping could continue to sleep while after hd a good meal yest, tday I just wait..
2014-11-19 11:08 | Report Abuse
Good mrng...he...he...Everything got its limit. Tq for allowing me to hd it at 'the border'.
2014-11-18 12:42 | Report Abuse
Enjoy yr lunch......he...he...just wait..n .what I need to say, Everything got its limit.
2014-11-18 12:24 | Report Abuse
Good Afternoon,....he...he....enuf said and I just wait.
Stock: [SUMATEC]: SUMATEC RESOURCES BHD
2014-12-04 21:58 | Report Abuse
need to go for lunch.....he..he.. bye hv a good dream