Suma will conquer this obstacle

Usd rise, suma gains also, jut ringgit pls don't fall... Plus, I support us interest rate hike but it won't drastically...us has a lot of Eco issue

Prince: Saudi market share scheme had over. It achieve its max output. Shale oil has injured. The trend is positive. Market get balance.

Sharp drop without info, better leave it.

Prince: if suma make a trading in a day, the trade is counted as revenue for that day, even money haven't paid by buyer yet, it is called trade receiveable. U have wrong thought, I think.

Lousy stock with negative profit. Shark is going leaving, price is falling down.

Prince has "special" view, because of weird and wrongly information he got. I think he less do homework. Haha

Surely will up above 14sen. Believe me. Big buying party are waiting big selling party to trade in lower price....wakawaka..

Us hike rate is a hard issue.... Dec possibility is higher...

Will go down... But not panic...

Big selling party is predicted trade 30million this morning... Really dramatic... Who is he? Wondering...haha

Big buying party vs big selling party.... Nice show. As break the barrier, price will goes up above 14sen.

Patient... Those who sells recently, will admire us one day...

Should be md said more drilling when usd65

Brent achieved usd51.20, wti break 50

Bcoz who bought at 11sen ady lose of patient... bright is coming...

Big party coming. 30millionin few minutes...

Brent 50.70usd.... be patient...the 2nd qrt result is very attractive

Brent 50.70usd... be patient...this stock has much value...

Brent 50.70usd...be patient...this stock has much value...

Buy in whn overvalued

Towards 60usd

Small investor likes us do selling. Big party like it.

Continue buy in... Crude oil rising affect haven't catalyst yet

Actually, he means the construction and drilling will be carried on but increase production and construction if only crude price sustainable.

The acquisition of right issue will carry out this year, the vendor also can't hold it longer.

Correction: suma has 50% of rakuschno and willing to 100% possess buzzachi oil. The fully possess of rakuschno oil is still in consideration but not confirm yet.

Don't be so pessimist. Crude oil 26 to33 usd, suma still in profit. Sure gain much higher in usd45 above. The money can pay for loan and expenditure. Saudi has give up the market share scheme. Crude oil shine will come soon. Usd60 above is predicted in 2017.

Proposal of right issue should be minimum of 14sen launched. It was agreed in previous agm votes. Another vote is needed if price under 14sen. So, buy below 14sen then benefited.

“Industry sources say Sumatec is in discussions to increase its interest in the Rakushechnoye field from 50% to 100%.”



The Company has made due and diligent enquiry with its Directors, major shareholders and all such other persons reasonably familiar with the matter and the Company confirms that it has had preliminary discussions on the Company’s interest in the Rakushechnoye Field. This is consistent with the Company’s strategy for growth which can be achieved either by way of acquisition of new on-shore oil and gas assets that have proven reserves, or increasing interest in assets that are already in the Company’s portfolio.

***conclusion: suma has willing to possess 100% interest in advance of higher profit.

The vote is for 10% right share only.

Ya. The news has mistake.

Sumatec is shale oil????

Good trend.increase market share scheme will over soon.

Brent rise above usd50 again.

Suma oil expenditure is frm 25to30usd per barrel. Still in profit. Oil price towards to right direction.

Risk but miracle is needed

Agm*

AgmP state will launch right issue before or at August.Price is 14sen..

Nta is net tangible asset, nt include intangible asset.

Will rise a bit again.

Suma will getting higher...long term.

This meeting wont get worst, only remains or positive.

Nta is current valuation of company tangible asset . Shareholders can get the value if sell off it all but the value will be push down if buyer do so.

Wait...

Need to notice armada performance for a period. It's eps still consider low

25% of Saudi citizen is poor due to jobless. They took allowance from gov. Now, have to work.

Crude oil at price of 50usd to 55usd is best price to defeat shale oil. Not need freeze production but associated to control price by opec is more crucial.

May Q&A in AGM.

Who went to recent AGM meeting? What the cf explain for dividend?