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2014-07-18 23:49 | Report Abuse
Bubu Shuo Liang They sell will causing price drop~~~
18/07/2014 23:20
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Both GI Joe and CYP sold abt 18 mil shares on the 14th july.
Looking back at 14th July transaction there was a gap up from previous closing of 375 to 40 and suma closed at 405 with vol nearly 500k up frm 300k on previous day.
So market don react to this transaction because they are not the 'key' player in the company if they are the key player sure the price wl drop as suggested by our dear friend....he..he..
2014-07-18 23:33 | Report Abuse
Two question here,
i) Who are 'They' to the company?
ii) How much they disposed?
If answer of Q1 are a very...I repeat a very significant people like HS or CD then u can ask Q2.
If they disposed 3/4 of their shareholding, then u should be worried, like what happened to DAYA.
otherwise u don need to worry as long as all the shares being absorbed well by the market forces.
2014-07-18 20:28 | Report Abuse
Aiyaaa.... U know whats wrong with u all? U think this GI Joe and CYP should hold their shares until they died aahh? They also human like U. If u got 1 or 2 mil shares...r u going to keep it for life....everybody got their own TP... Selling 10% for quick profit is normal .....then u buy back at lower price. If u can do that why cant they? No big deal for them to sell as they hd other mil lots behind them. If u think this and that later why... The price is not going to wait for u..last time when proce at 30... Owh can be 25 then when at 35... Ahhh sure drop to 30.... Then jump to 40...ahhh why I so stupid...then start to question this and that to satisfied yr judgement... Willing buyer n willing seller... supply n demand... Owh maybe I should respect u all .... Maybe u want to buy 100 mil of suma shares.....forgive me, I under estimate yr wealth....he..he
2014-07-18 14:22 | Report Abuse
Thanks guys, really sad reading his wife FB this mrng...helpless to see the wreckage at foreign land...
2014-07-18 14:16 | Report Abuse
Tday performance hit 2 mil before lunch break shows good sign to end up higher...yest 2 mil vol only came after 4.30 where the price only surge at last minute....So tday wl see how good this train bypassing station 43... He...he..
2014-07-18 14:07 | Report Abuse
Tq for yr concern star, Suma tday easily 'brush off' expected forceselling in early mrng.... Thats done... Now preparing to 'jump' over 43 and maybe wl be below 50 nxt wk...don expect any pullback as 4 mil ticket holder eagerly waitg to bypassed station 43.... He...he... This Train quite behind schedule...
2014-07-18 13:52 | Report Abuse
Gd afternoon, bit late tday.... very sad day tday for me...Lost a few people that I known on mh17...Great respect to Wan Amran and Eugene.....
2014-07-17 17:37 | Report Abuse
wellcome step, c u tmrw....he..he..we can see those who smell the smoke!!...
2014-07-17 17:34 | Report Abuse
hmmm.....last minute sprint...no joke...my 'leg' still strong!.....he..he..to naysayers..we sumatrain know where the train heading to...and I don think we should stop at 55..60 perhaps...
2014-07-17 16:48 | Report Abuse
My Big fish say tq to those who gv him a seat on this train....he...he
2014-07-17 16:39 | Report Abuse
everytime new announcement frm suma price wl go up....are u waitg for coming announcement?...he...he..coming soon...
2014-07-17 16:37 | Report Abuse
I agreed if u waited for cheaper price, only if the price gone below gap i.e 390....else with 60% buyer as per tday and now at 410....I guess I see u at nxt upper station....he...he
2014-07-17 16:30 | Report Abuse
those waited at the sideline, can smell the smoke of the loco tmrw....he...he
2014-07-17 16:26 | Report Abuse
If the IB's came out with their verdict on suma soon...I consider it is too late...'Get in before they got in'...he...he
2014-07-17 16:09 | Report Abuse
those who attend this mrng to confirm from horse mouth hd make-up their mind....wait n see for yrself soon...he..he
2014-07-17 16:07 | Report Abuse
those hoping for fs tmrw wl bring down the price wl be dissapointed....he..he..2nd briefing nothing new for me...
2014-07-17 16:04 | Report Abuse
he..he..he..look!! I told u so....
2014-07-17 16:02 | Report Abuse
no frank wl stay above 40....he...he..My big fish still got appetite to eat..
2014-07-17 15:59 | Report Abuse
after debriefing this afternoon, they wl make a review on suma.....he..he
2014-07-17 15:56 | Report Abuse
big fish eating up now......small fish dump...thats why hovering over 40...small fish need money for raya....big fish waitg out of pn17....he..he..he
2014-07-17 13:43 | Report Abuse
Do u see where is the train heading?...increase the revenue and profit...Borneo concession is just a perfect match to realised the vision....Do U think TP 60 is enough?....he...he..
See more at: http://www.themalaysianinsider.com/business/article/halim-saad-building-us700-million-methanol-plant-in-kazakhstan#sthash.uz4oYJSU.dpuf
2014-07-17 13:34 | Report Abuse
Company Name : Sumatec Resources Berhad
Date : 29 November 2013
Source : Business Times
Markmore, Petronas In Kazakh Deal?
KUALA LUMPUR: Tan Sri Halim Saad seems to have received Petroliam Nasional
Bhd’s (Petronas) backing in his oil venture in Kazakhstan.
It is reliably learnt that Halim’s Markmore Energy (Labuan) Ltd had signed an offtake
agreement with Petronas for the planned sale and purchase of “methonal”.
The national oil corporation’s listed unit, Petronas Chemical Bhd, had agreed to
purchase the methonal at a small discount to the prevailing market price.
Under the agreement, Petronas will acquire the methonal only if it conforms to the
International Methanol Producers and Consumers Association’s standards.
Documents seen by Business Times reveal a key element of the agreement also
requires Markmore to supply the methonal from Kazakhstan to any Europe’s safe port.
Markmore, which has invested more than RM300 million in the Central Asian nation,
owns the concession in Kazakhstan’s Shelly oil field, which produces some 1,000
barrels of oil per day.
There are 47 wells in the oilfield but only five are operational, previous media reports
seemed to suggest.
Getting Petronas involved in the offtake will lend credibility to the public-listed company.
Halim is currently using Sumatec Resources Bhd, which was on the local stock
exchange’s delisting list, as his vehicle 12 years after the empire he had built crumbled
during the 1997 Asian financial crisis.
His game plan is simple. Since Markmore has a concession that will last until 2025,
Sumatec will develop the Shelly oil field at its own cost in return for 100 per cent of net
income of the first two million barrels and 50 per cent of net income thereafter.
The exercise has helped Sumatec to raise more than RM600 million cash, increase its
stock price by sixfold over two years and enabled Halim to secure 24 per cent of
Sumatec, which, in spite of its PN17 status, is valued at more than RM800 million in the
market.
2014-07-17 13:22 | Report Abuse
don put the cart before the horse....nothing abt RI at our knowledge but it may do the trick to ask the pass holder to sell their position now as 'they' are waitg to grab more at 40....the news out at early this morning before trading hrs but around 10 price moved fast to 41 frm 395 instead of trending down....ringing any bell??
2014-07-17 12:28 | Report Abuse
pity the 'freerider' ....booted out before 12.30...he..he...he ...timeout guys..
2014-07-17 12:14 | Report Abuse
fifi, wait for the Q result la...when it out then spend yr time reading....he...he
2014-07-17 12:09 | Report Abuse
courage, why u not amazes that CD bought another 4 mil?.....he...he.
2014-07-17 12:05 | Report Abuse
afata...wondering when it wl go below 40....he...he..maybe CFO sold and bought the cheaper son or daugther for more profit....or maybe want to hv a taste of millionaire...
2014-07-17 11:59 | Report Abuse
he..he..another wave coming....very good la tday...
2014-07-17 11:57 | Report Abuse
all this is a planned move.....to acquire an asset wth proven production should be no prob to get loan once out of pn17 what else wth zero gearing......he...he
2014-07-17 11:51 | Report Abuse
the S&P valid for 6 mth, enough time after exit PN17 and complete the bridge loan...he..he
2014-07-17 11:49 | Report Abuse
he...he...he.. once out of PN17, they don need to issue the RI since they are debt free and banks waitgin line to offer them the US100mil loan...
2014-07-17 11:28 | Report Abuse
remember 'to get in before 'they' got in'....he...he
2014-07-17 11:26 | Report Abuse
just wait for 2 mil vol tday.....he...he
2014-07-17 11:23 | Report Abuse
no need to dream eating the big guy, with HM guidance is good enough....he may emerged as one of the shareholder, only time wl determine....he...he..
2014-07-17 11:18 | Report Abuse
not perhaps moneygrabber, looking at suma buying next door concession (Borneo) shows they are going to control central asia O&G reserved. The data they hv pointing to the north thats why they need to look at borneo data to confirm before buying and the pipe line just near by to transport the product....he...he..'Someone knew what we don know'.....
2014-07-17 11:11 | Report Abuse
people buy because this is the only one with proven reserved that still hovering below 50...others without proven reserved got flying above RM1 but people still buying....smart guys always buy low..
2014-07-17 11:07 | Report Abuse
moneygrabber u missed the profit sharing on gas output with sumatec....he..he
2014-07-17 11:05 | Report Abuse
focuz, didnt u see the head burst (correction) last 2 days?.....
2014-07-17 11:01 | Report Abuse
Petronas wl buy end product of suma....christ op for more shares as he received a lot of inquiry frm 'big boys' to enter suma....he...he..
2014-07-17 10:51 | Report Abuse
'someone knew what we don know'...
2014-07-17 10:40 | Report Abuse
2 mil vol before lunch...he....he..wl see breakin the barrier...
2014-07-17 10:15 | Report Abuse
Petronas wl take if all the gas infra is operational....suply secured, buyer secured and only to build the infra.....how abt that ozzie?.....he...he
2014-07-17 10:11 | Report Abuse
wl see double after raya....he...he..
2014-07-17 10:08 | Report Abuse
my loco gaining momemtum.....new high this week again guys....he...he
2014-07-17 10:05 | Report Abuse
I told u aledy this mrng....he...he..
2014-07-17 10:00 | Report Abuse
this run wl sustain, just wait n see.....wl break 4 mil vol tday...so @song happy with the green vol?..he...he
2014-07-17 09:56 | Report Abuse
maybe 'break free' 45....like we break 35 last few weeks....he..he
Stock: [SUMATEC]: SUMATEC RESOURCES BHD
2014-07-19 00:00 | Report Abuse
Bubu Shuo Liang iswara... I believe in those director more on sumatec.. .
If they sold, should it was a warning signal there?
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CYP hd been selling thru TM (Tekad Mulia) since last Mar/ April where price hovering below 30. I think most of old timer here still remember that. If that is a 'Warning signal' frm BOD Mr. CYP, why now the price move up to 40? If u want to believed in CYP go ahead but any of yr argument must based of facts and not plucked from the durian tree because these argument shows there is lacked of research or homework done by the one itself...u remind me of a person that I left him at station 26 near a toilet...he..he....