The above is the latest new on Sumatec...knn 2 years already SC still waiting for FInancial Report..hahahaha

Friday, 08 Oct 2021

1:09 PM MYT

KUALA LUMPUR: Trading in shares of oil and gas company Sumatec Resources Bhd remained suspended after it failed to announce its quarterly report for the period ended June 30, 2021, by the extended deadline.


Under the relief measures to listed issuers amid the evolving Covid-19 situation, Bursa Securities had on June 16, 2021, granted a one-month extension to the company to submit its quarterly report for public release.

However, Sumatec failed to announce the quarterly report to the regulator by the extended deadline of Oct 7, 2021.

"Pursuant to paragraph 9.28(5) of the Main LR, if a listed issuer fails to announce the outstanding financial statements within five market days after the expiry of the relevant timeframe as stated in paragraph 9.22(1) of the Main LR, in addition to any enforcement action that Bursa Securities may take, Bursa Securities shall suspend the trading in the securities of such listed issuer. The suspension shall be effected on the next market day after the Suspension Deadline," said Bursa in a Friday statement.

The company's securities have been suspended from trading since Nov 7, 2019. In view of the winding up order against the company, the suspension of trading will continue until further notice, said Bursa Securities.

It warned that if a listed issuer fails to announce the outstanding financial statements within six months from the expiry of the relevant timeframes, in addition to any enforcement action it may take, delisting procedures shall be commenced against the listed issuer.

There going to be 3 mega project 1 is KTMB correct amfmd the 2nd Solar and the 3rd where can disclose all.. Hahahahaha

I personally think it might move further down to 0.065/0.070 then it will have an uptrend reversal maybe back to 0.110/0.120..the uptrend will only happen when Ucrest moves upward again, however uptrend depends that there is no more ESOS lor....otherwise like what Michael says 0.02 is very possible

Holly Molly..thank god I cutloss earlier...damm this counter is going down south fast and somemore can give 2M esos at 0.074...niama

Those of you who have no confident of QES please sell take your money and get out of this forum..no one is begging you to stay. There are so many other counters out there to look at that can give you profit...Harbour, PMBTech...owh and for your info Harbour just gave me 30k popit oso this week....so shut the whining and act like a professional

@Wee...nice one

I ciao first lah...sideways too long boring game

Right now I berkampong at QES...give me good profit liow

Holla guys...just weird how come this counter has not been de-listed yet..

It has today....finally

morning the news out yesterday from Govt that the 5G project tender will be rolled out soon and they are expecting to award it by this year. Which means the pole manufacturer is going into high gear....

Will it trend upwards today

In the next 2 quarters if good then 0.700 to 0.800 possible...as chart in still on an uptrend.

Ucrest has entered into a 1 year Master Agreement Service with Russian Direct Investment Fund for the production of Sputnick V covid vaccine. Tomorrow Ucrest will fly and Keyasic will follow.....Booooyaaaaaa

@newborn...hahahaha setuju setuju

Congrats to those who managed to pick it at low discount price...hold on to it and when the time is right it will reward you handsomely.

Do you smell what Keyasic is cooking!!!!

I foresee that by Early December keyasic should be able to hit 0.30 based on Elliot wave + Fibonacci Extension

Yes that is correct with the implementation of 5G the poles need to be changed as such Mestron stands a very good chance to reap big gains. This would have been sooner if not for the unstable govt.

Relax most Tech sectors are down due to many other sectors just re-opened and traders are into those sectors...Tech will pick back up just monitor and buy in when signal is present.

Again I say Mestron is 0.50 cents game...just need to be patience.

Yup and here we are picking cheap tickets..damm this is refreshing

Good day guys...hope all is good and everyone healthy..enjoyed the dancing girls with purple panties...very nice...thank you thank you

:)

@ Bro Wee....i found something when I saw the chart based on EMA 50 from Jun 20 till Aug 21...and I think its gonna be awesomeeeee

@Wee...chance for us to add more shares :)

Good Morning I am holding exactly 500k units started with 10k units since last year and slowly accumulated to this figure my avg price is 0.30++. So now business revenue is a cycle and by saying that it does not mean that it will be a great Q every time. As such a company that has been doing well but fell short during a pandemic is not bad at all. I will say that quite a number of traders are saying bad things about this counter bcoz they would like to get it at a lower price, and the only way they can get it is if current holders start to panic and sell it. So my investor friends please do not get hoodwink by these nasty fellas. Cheers

FA is not bad..can hold and lets see the outcome of the next Qr.

Morning, warrant is listed lets see how it fares

Should be after the 13th if what i read is not wrong.

Bonus issue of up to 474,000,000 warrants of Mestron Holdings Berhad ("Mestron")("Warrants") on the basis of 1 Warrant for every 2 existing ordinary shares in Mestron held as at 5.00 p.m. on 11 August 2021 ("Entitlement Date") ("Bonus Issue of Warrants")

Kindly be advised of the following :

1) The above Company’s securities will be traded and quoted “[Ex-Bonus Issue]” as from: 9 Aug 2021
2) The last date of lodgment : 11 Aug 2021

It will fly eventually need to have patience currently as much people buying they are also a lot of them selling as well so its status quo at the moment.

Morning Fly...glad you had overcome Covid I myself and family are also recovering and still in house quarantine and like you said Cov is not a joke and when you get it the first few days is crucial and its 50:50 whether you recover or otherwise. Glad to have slowly recovered. Also I agree with you Bro will meet you at the high floor smiling widely. Take care and be safe.

Yes that is correct it will be in your cds account.

JHM planning to produce EV battery for Geely...The edge weekly page 24 go read it.

For those of you who are new and investing in this counter please follow your plan do not listen to those negative comments as these guys were not here all this while and suddenly appear now it means there want to say bad things in order for you guys to sell so that they can grab it at a lower price and its because they know the potential of QES. So analyse and buy/sell based on your understanding and not becoz of some dumb nitwit asking you to do so.

Wee..I agree I will not be commenting much on this tread moving forward. All the best to the long term holders may we prosper.

@Fly...true it's not necessarily means a downtrend..it actually means a healthy pullback...understand the terms used and most probably you may lose less haha

Meaning of uptrend and downtrend for traders and investors is not the same what is downtrend for a trader may not be a downtrend to an investor as such both Wee and shark are right as Wee looks at it on a long term perspective and shark could be looking at shorterm gains. So there is no wrong or right here. Apart from that on the comment saying the "Pros" comment only when it is on an uptrend please go check the comments for the last 6 months and then only put your point simply trash talking others will do you no good. Lastly I wold like to emphasize on " Regression to mean" what it means is no counter will be on an uptrend forever nor will it be on a downtrend forever eventually it will stabilize and the whole process will happen again.

Greenhat good info shared to those who know what value investing is they will hold tight and wait for the counter to ripe. Just like the musang King durian tree once you have planted it you have to wait for 5 to 6 years for it to bear fruits then you can enjoy its fruit. Similar to value investing you invest in a strong company to grow with it and once it bears fruit you will be able to laugh all the way to the bank. Patience is a virtue

Agreed with Wee and Frank...there are those who just post shit for the sake of riling up you guys..ignore those losers they have nothing better to do let them say what they wanna say as long as you are confident on what you have invested nothing to worry...cheers guys we will win in the end!!

Read lah my comment I said QES its trying to form bullish engulfing did i say it is forming...or do you you have a problem understanding simple english?

@Newbie..yes you are absolutely correct!!!

Ok you loyal QES fans right now QES trying to form bullish engulfing and it will happen once the volume kicks in, RSI 45% which already low..if engulfing is confirmed what follows will be new ATH and it will breach RM1

No worries Sharkdo....when your earliest bought price is only 0.20++ this kind of downtrend means nothing to me. Furthermore QES is solid company nothing to worry.

Just average up another 100k units..thank you QES for giving me chance to buy low.

Hello all.. am thrilled to have loaded at 0.80++ today....slowly averaging up to ensure once it trends up again its going to break RM1......traders if you cant take the heat CL now and buy back later ya...

Its just that the market sentiment not good once it recovers it should be good

Nicely done now once the work is assigned Mestron will go Boom