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2019-01-16 12:28 | Report Abuse
The MD was in Sapura before and could have made a deal with them to charter asset.
2019-01-16 08:55 | Report Abuse
Does anyone know when they will execute the new 11million dollar contract?
2019-01-16 08:36 | Report Abuse
I think it will trade between 0.15 to 0.12 range
2019-01-15 17:10 | Report Abuse
Shark would always want to attract buyers before they dump. Just ride according to their mood. Maybe they want to play hard up tomorrow, who knows.
2019-01-14 23:58 | Report Abuse
The plan was approved and accepted by creditors in June and strangely Bursa had to reject the plan. Why was this not rejected earlier to give time for Perisai to react.
http://www.theedgemarkets.com/article/perisai-petroleums-creditors-approve-scheme-arrangement
2019-01-14 17:23 | Report Abuse
If all the Oil and Gas sector falls, likely Bursa will run out of listed energy stock. Usually Petronas comes to rescue on these local companies, but these days the horizon looking thin than expected. All that talk about development wells and adding rig is not materializing the right time. I wonder why the plan was rejected when creditors have approved them. Any thoughts?
2019-01-14 16:23 | Report Abuse
I don't think major shareholder will sell now, they will trigger another news for appeal, and try make the deal through. Worse case if delisted, they still hold the shares like any others, and will try rejunevate the company when Oil and Gas recovers. Still there could be slick chance for re-listing in future if company recover their mess
2019-01-14 09:28 | Report Abuse
Those with steel ball collected 0.5 cents will walk away 100% profit today after price break 1 cent.
2019-01-14 09:24 | Report Abuse
Insiders will collect 0.5cents for the 100% profit after announcement
2019-01-14 09:17 | Report Abuse
Those who are buying are most likely linked to insiders, after forcing the open market to sell off.
2019-01-14 09:15 | Report Abuse
It's really fishy on why Bursa have just announced it a week before while they had so much time to review and endorse even back in December.
2019-01-14 09:06 | Report Abuse
Perisai has gone through the same cycle before during PN17. It will get its approval and extension
2019-01-14 08:48 | Report Abuse
MILESTONES THAT SHAREHOLDERS WOULD NEED TO WATCH
OUT
a) To execute Settlement Agreements.
b) To obtain Bursa Malaysia Securities Berhad and Securities Commission
Malaysia’s approval.
c) To convene Extraordinary General Meeting to obtain shareholders’ approval
for issuance of new shares and instruments to creditors.
d) Court Sanction only after FPSO contract is secured – creditors to waive a
portion of the debt and accept instruments as part settlement.
2019-01-14 08:41 | Report Abuse
Once appeal complete, price will stabilize again. Today there will be turbulence due to panic sale.
2019-01-12 10:56 | Report Abuse
Surprisingly the stock was up, perhaps insider knew there was hope for extension. Let’s see, there will be selling pressure from retailers, but hope it’s not as worse until extension filed.
2019-01-11 16:43 | Report Abuse
It will up, keep going
2019-01-11 01:09 | Report Abuse
Relax, the sell wall is getting thinner. It will rocket up
2019-01-10 12:21 | Report Abuse
Thin wall above 16.5, it will shoot higher eventually
2019-01-09 22:51 | Report Abuse
All oil stocks will be up tomorrow. Not going to miss this boat
2019-01-09 22:41 | Report Abuse
Brent soared above 60, positive sentiment for oil stocks again. It’s the January effect
2019-01-09 14:53 | Report Abuse
Maybe sellers will be optimistic to remove 1.5 cents wall and hope price to march higher based on Q4 sentiment
2019-01-09 14:33 | Report Abuse
Armada is going to break 16 cents and head towards 20 either by this week or next, my hunch. It has strong fundamental at 15 cents, and those bought at 15, good ground. Q4 results should impair losses, hoping for some light.
2019-01-08 11:10 | Report Abuse
Wah paktua, you’ve got a huge bill of shares. You invested 500K?
2019-01-07 15:24 | Report Abuse
Only 90 over transactions holding the big wall at 0.155. Must be fund managers with big sale lots.
2019-01-07 15:18 | Report Abuse
Petronas already tendered development wells. If Perisai wins the work, stock will rocket quadruple. Let's see what contracts they will be awarded or extended. There is still light.
2019-01-07 12:27 | Report Abuse
Not bad, looks like Sumatec is preparing for some digits in Q4 revenue
2019-01-07 11:46 | Report Abuse
Fund managers may be allocating their bets on O&G counters. Wait and see, we should see movements rapidly either today or coming days. Its typical for KLSE stock during the January season. KLSE already up 11 points.
2019-01-07 11:42 | Report Abuse
Hibiscs, Dayang, Perisai and Reach shining for January bets. Sapura am still thinking, might hold for now. Armada still floating, waiting for AK to wake up and increase his stakes.
2019-01-07 11:36 | Report Abuse
If Q3 was a missed revenue due to sale agreement or invoicing days, then we should see something in Q4
2019-01-07 11:33 | Report Abuse
Perisai shall break 3 cents, very optimistic based on the potential Q4 improvements.
2019-01-07 11:31 | Report Abuse
I have a hunch that Sumatec will clear 1.5 cents.
2019-01-07 11:29 | Report Abuse
Its early Jan, and time to place bets.
2019-01-07 11:22 | Report Abuse
good to see Hibiscs, Perisai, Dayang and Reach progressing very well.
2019-01-07 11:19 | Report Abuse
Sumatec needs booster. HS need to come out and make statement, not stay like chicken behind the scene.
2019-01-07 11:12 | Report Abuse
AK won't let his pride go away. Let's see if he will intervene to increase stakes at low price.
2019-01-07 10:59 | Report Abuse
Hibiscs, Perisai, Dayang already up. Armada still snailing, need some boosters. Can someone call Vanguard to boost their stakes
2019-01-07 10:56 | Report Abuse
Looks like insider knows Q4 results may look good and buying the low. Let's see how this counter may rock in due course
2019-01-07 10:46 | Report Abuse
Perisai is coming back. Am optimistic it will go beyond 0.05
2019-01-04 16:38 | Report Abuse
It's taken quite a beat last couple of weeks. Sentiment can grow better for a rebound. I am optimistic to see 20 cents
2019-01-04 16:27 | Report Abuse
High chances for Q4 results to improve previous quarter losses. That will help position the stock higher while trending with Brent curve
2019-01-04 16:05 | Report Abuse
Hibiscs already rocketed. Armada show coming soon. TP 20 cents next week.
2019-01-04 14:56 | Report Abuse
All Oil and Gas stocks are retracing from their lowest point. Time to catch the train. Good luck boys
2019-01-04 14:56 | Report Abuse
All Oil and Gas stocks are retracing from their lowest point. Time to catch the train. Good luck boys
2019-01-04 14:47 | Report Abuse
Brent is riding towards 60, and coming soon after OPEC+ executed crude draw
2019-01-04 14:44 | Report Abuse
Sapura big cash in, now wait for Armada to swing up
Stock: [SUMATEC]: SUMATEC RESOURCES BHD
2019-01-16 12:32 | Report Abuse
HS needs to come a quick way to please his investors, otherwise its another dead counter.