All back in the jolly good mood after all the cursing for months earlier. Yes, huat time now. For those faithful Sumatec followers will continue holding.

Tomorrow will continue to fly, so many news yesterday and today.

Manipulation in progress to keep price at 3 cents.

Imagine just successfully defended against its creditors' claims has created so much ripple and volume in Bursa. Once the production starts and revenue starts coming in the impact will be even much greater. Buy before the price goes higher.

What happened ? No volume so far :(

Those who attended the AGM, wasn't anything discussed on the business issues and plans to turnaround the Company ? Only tabling of the resolutions to retain the old guards and payment for them ????

SUMATEC RESOURCES BERHAD ("SUMATEC" OR "THE COMPANY") - TWENTY-SECONDANNUAL GENERAL MEETING ("22ND")
The Board of Directors of SUMATECwishes to announce that all five(5) Ordinary Resolutionsand One (1) Special Resolution tabled at the Twenty-SecondAnnual General Meeting held today were duly carried.

AlltheResolutions were voted by way of poll conducted by Mega Corporate ServicesSdn Bhd as the Poll Administrator to conduct the polling process and the results of the poll were validated by Mega Business Consultancy,theIndependent Scrutineers appointed by the Company.

This announcement is dated 25June2019.

Hahaha... yes many hearts going pip pop pip pop...

Volume crossed 23 million shares, but what's interesting is buying vol suddenly jumped to 16 million at 0.010.

Already crossed 22 million shares, people still buying ?

wow...….. most active counter.

Now with the AGM over, the generals must work hard/smart to boost the investors interest.

Anyone attended the AGM, all resolutions to keep the old guards passed with 100% agreement.

Still stuck at 19.0. Buy, buy before too late.

Sumatec does it again …. another Qtr of 0 revenue.
Wonder why the operating expenses shot up..
1st Qtr 2018 = Revenue : 1,492,000 and Op expenses : 1,693,000
1st Qtr 2019 = Revenue : 0 and Op expenses : 4,304,000

A positive QR would have easily pushed the price up. Now we wait for the next QR, meanwhile start accumulating.

That's July 2018 news, did anything materialize ?

How to move up if many que to sell at 0.195, unless someone sweep all up..

It will be moving up already.

Today still got chance to buy at 0.195.

Looks like LFE aggressively going for projects, 3 in a short period. With ECRL coming there is a good chance they can land more projects.

Uptrend, LFE will be able to secure more projects.

LFE received another 2 more Letter of Award:

1.From Innoseven Sdn. Bhd., as the sub-contractor for a period of 24 months for the supply of labour, equipment, tools, plant and machineries for the proper completion of the extension to a hospital in Segamat, Johor (RM35,000,000-00).

2.From Seri Jaya Perkasa Sdn. Bhd., as the sub-contractor for a period of 14 months for the supply of labour, equipment, tools, plant and machineries for the proper completion of “Sekolah berasrama penuh baharu mengandungi 25 bilik darjah, dewan makan, dewan serbaguna di Negeri Johor) (SM Sains Segamat)” (RM15,200,000-00).

True, it is good news for all O&G companies. However Sumatec does not seem to have much reaction to such news as seen the previous occasions. It is still the Mgt issue and volume of oil extracted.

Will LFE benefit from the ECRL project ?

Back into active zone.

Hahaha... here again.

Why PH to take the blame ? BN started the whole deal to fill the pockets of their cronies. Anyway who is this Ajib guy to criticize what PH is doing.

Strong buying q at 0.010, confidence in this stock is returning. Buying more to average down my price.

How can TDM go up if ppl are queuing to sell at 0.195 ?

What happens in 21 days ? Sumatec will close or ask for another extension ? Asking for extensions a trend here....

Buy q now at 0.190, worth collecting before it goes up.

Yesterday woke up for a while, today back to sleep..

Seriously Apollo, that's not laughing matter. I am a retiree and despite the savings and epf it is not enough to live a reasonably decent life. Health is so important and ppl cannot afford to fall sick here. The cost of living is shooting up and so have to continue working. There is no retirement..

Who would think of such design, in these era of small jet engines we have a flying car with 4 huge fans giving the lift. The main question is "DO WE NEED THIS". They are going to waste millions of money which should be used for improving the current huge transportation problems. Only here we have MRT, LRT, BRT, Kommuter,ETS,ERL,Monorail, Buses and cars... now they are talking about drones flying people around.

LFE has bagged a RM16.24mil contract to build a mixed residential development project in Mukim Serada, Kuala Terengganu, Terengganu.

Finally LFE got some job to do....

LFE CORPORATION BERHAD (“LFE” or “the Company”) LETTER OF AWARD TO LFE ENGINEERING SDN. BHD., THE WHOLLY-OWNED SUBSIDIARY OF LFE BY MME REALTY & MANAGEMENT SDN. BHD.

1. Introduction

The Board of Directors’ of LFE is pleased to announce that LFE Engineering Sdn. Bhd., the wholly-owned subsidiary of the Company was appointed by MME Realty & Management Sdn. Bhd. (Company No. 226414-T) (In Liquidation) to construct and complete a mixed residential development project known as “Taman Kemang Tiruk” on 121 parcels of land located in Mukim Serada, District of Kuala Terengganu, State of Terengganu (“the Contract”) for a period of thirty-six (36) months.

The business profile of this Company looks impressive, the current Mgt is not doing enough to move in the right direction.

But not easy to buy or sell at 0.005 or 0.010 respectively due to long, long queue.

Buy volume going up fast...

Price so low, any interested party can buy over and turnaround the Company.

Having identified the issues, the directors should take action to do a clean up.

Without revenue how do they sustain for 2 qtrs. already ?

Not only auditors, we too want our money back.... ?

Good morning fellow Suma holders...sleepless nite for all ...aiyoyo

QR est. announcement date 28.02.2018.

Yes, I have been following Perisai too, sad indeed. Sumatec could also suffer the same fate.

Could be, but to make money don't they have to sell higher than 0.010 ? Someone or some organization have spent RM460k. For the sake a lot of investors here hope it is good news, if not just accept what may come.

Last Friday sold almost 43mill at 0.010. Who bought them ? In a way ppl had been skeptical of this counter, looking at the interest someone has shown, could there be some renewed interest ? Let's see the movement tomorrow.

High volume today.

Hahaha very funny !