does anyone knows when's the ex date for bonus issue?

Still too early to judge. We still don't know how much the outcome of FOMC may impact us as they're going to discuss it these few days. As of today, KLSE is lacking of foreign funds (due to recent outflow) which we greatly need it to move our share prices around.

Let's keep a close eye for now.

I don't think tanjung price will rise much as the price is fixed for the proposed rto (subject to changes), unlike other counters which people can "buy on rumor sell on news" to goreng.

The price should hovering around this range. I'm looking forward towards the rto tho, I think tanjung has many potential that others don't see yet.

Dear TCB,

Kindly please advice about the half-dead and extremely odd case of Sumatec.

Thanks in advance.

IFCAMSC is currently under retracement, will required to break 0.43 to retain it's bullishness. If 0.43 resistance broken, next resistance is 0.445. Besok only we can see how.

Will pick up some if it drops lower.

@yong888 - hi, you confirm the bubble coming so soon? I admit the index is quite high now, but recently it has already dropped a lot and can't even go further than 1870, plus tmr the FOMC thingy should make them drop further... you sure bro?


@connie - ibhd lr thingy? Connie you mean the proposed JV or?
Anyway, one thing I dislike about fitters is it's being too diversified. In business studies, you'll know that diversification is the most risky move a company should take. Hard for me to keep track of it also, haha.

hope will rebound back 0.58 soon.

For those who don't understand what doji means, doji signify indecision between bulls and bears. In layman's term, "crossroad". Tomorrow will be decisive.
Hope this helps :)

I'm thinking the opposite, I expecting fitters to drop a bit after the ex date. What do you think connie?

sure approve, they're making lotsa moolah this year :D

lucky brought half at 0.39 10 min before the spike... whew...

From my perspective, I'll think 2014 will remain unchanged, while the hike in interest rate will only be implemented in 2015.
Just my 2 cents opinion, let's see tmr's announcement if it's correct.

Tomorrow will be a VERY crucial day, the monetary policies meetings of FOMC is on 16-17 September, and BNM on 18 September.

@FX Lee - how credible is your sources?

@simon84 - thanks simon bro for your advise, will top up accordingly.

@rapidbeginner - KLCI will further consolidate and correct, so this period who contra who easily butt hurt owh, haha.

As per rule of thumb - buyer want to buy at lowest possible price, seller want to sell at highest possible price. I'm looking for lowest possible price to enter, any idea what's the best current entry price?

any idea if 0.395 already hit bottom? Wanna top up some more.

"Beauty is in the eye of the beholder" - is the only thing I will say here. Nothing more, nothing less. Everyone has their own opinion.

This makes my 100th post.

Sofiyan Yahya - President of MOGSC "Malaysian Oil & Gas Services Council" (2008 - 2014)

will become CMOG executive chairman while Mecip managing director

Ir Mohd Nazir Mohd Kassim was proposed to be an executive director.

Pretty sarcastic here, aren't we? You got a weird sense of humor, i like it tho, haha.

Mcm mcm lah ko nih. Org discuz shares kat forum, ko discuz benda lain, haha. xD

Tek Seng is a strong counter, their solar business is doing quite well. I originally wanted to enter but afraid it's already quite high. Afraid of another Ifca incident.

Anyway, the best we can do next week is just hold tight our shares. Nothing much can be done here, globally affected.

Agreed, they sucks. Anyway. CPO might sucks for now, but I reckon it'll improve by the next year.

good article to read on the weekend about the o&g business since the rto is underway.

http://www.thestar.com.my/Business/Business-News/2014/09/13/Booming-OG-sector-Despite-slow-global-demand-and-softening-oil-prices-the-next-wave-of-Petronas-big/

that's not called fortune telling *sweat*... it's has been reported and shown in news bro...

fortune teller what? I'm a fact teller xD
fortuneteller leave to you taiko's. Me no want be fortune teller :)

Stock market will further dips due to the recent talks of hike in US interest rate. This indirectly will affect us too. Hope IFCA can find a good support level soon, or else things are not looking very good...

On the side note, closing at 0.395 huh... my wild guess of 0.40 is pretty close xD

@Atarah - Just passby and saw your comment. I also agreed that years ago before penny stocks become hot, many did not dare to play. They all say buy blue chips is safer blah blah blah... and look at penny stocks now.

Anyway, it's still not too late to try ijacob. Previously they main goreng at this counter, but now it's undergoing RTO, so have fundamentals already instead of speculation. Game not started yet if you wanna jump in the game.

Logically speaking, can't possibly be bleeding all the time.
I think suma already found it's support @ 0.44-0.45 thru this week observation.
Fundamentally still a bit shaky, but technically possible move up soon.

@ellesse - Thanks ellesse, you too :)
@stayathometrader - only have a vague idea, but at least not so fast, I think.
@bursaninja - steady on?
@komnas - you're welcome!

@komnas - It's a very, very dangerous thing to ask for people's opinion in buying/ selling. Some people could try to cheat you, or you may blame someone if it turns wrongly. I saw your name many times in Sumatec forum already, by now you should already saw many of those type of people in that forum.

Anyway, here's a guidance to help to make your decision:
1- Cut loss - you could try cut loss now, to avoid losing further. Today the price is quite good as it stands above 50 cents unlike previous days in this week. Someone just pushed the price from 0.48 to 0.52 this morning, and I caught a glimpse of it.

2- Wait for it to rebound - Luckily, this counter unlike normal counter, is a counter undergoing RTO. Which means it has a chance to rebound when the RTO is completed. (Refer for the recent GBH rto for example). However, nobody noes what the final price will be, it's a 50:50 risk for you.

DIsclaimer: I'm not responsible for your call in buying/ selling. Trade at your own risk, I'm just merely stating the fact. Moral of the story, always remember, don't chase high if a stock is already high (Last time when they goreng).

Be patient. Brahmal own so much shares also not cemas, so why should we?

"Patience is virtue - Warren Buffett"

Judging by the trend, if not mistaken the real show should still yet to start.
Wait for it to digest, then something's coming. Hold tight if you haven't sold by now.

"Patience is virtue - Warren Buffett"

#Keep calm. Sit tight and relax.

Still uptrending, let's see how it goes :)

CYP buy and dispose buy and dispose... what the...

@Dunknow - If a company is interested in reverse take over of a company, there will usually an announcement. Refer to the recent GBH or IJacobs for examples.
Samudra is ready for RTO, but no companies have decided on taking it yet as of now. In the future is a possibility.

@redbryce - Hope this helps

Definition of 'Buyback'
http://www.investopedia.com/terms/b/buyback.asp

It's not entirely suma's fault guys. We're just having a tough quarter.
When the US stock market is up, our stock market is down.
When the US stock market is down, our stock market is even further down zzzz.

Just be patient I guess...

agreed with s123445's comment.

OR unlike normal shares, have time limit one, so be careful.

SEACERA - Notice of Shares Buy Back - Immediate Announcement

http://klse.i3investor.com/servlets/anpth/1015708.jsp

looking good.

It's still under consolidating phase actually.
However long ago BURSAMASTER and I already sense something may come up soon.

It's just the first day upon the PN17 uplift, still too early to make judgement.
#KeepCalm and keep observing.

Not rly. Remember the logic - "what goes down will comes up", vice versa.
And also, would you think ijacobs would rly let their shares go down too low?

support still strong :)

Told everyone to be calm and not clouded by emotions. In the end today only drop 2 cents...
"My 2 cents" was it myosmi's quote? ...

According from suma-style, usually last minute should have some rebound I think.

This is a critical time to decide, so let us calm down and recollect ourselves for before jumping into conclusions.
If you are a trader, how does the RI affects you in the short run?
If you are a long term investor, then is the RI worth to subscribe? The Borneo Energy company may be not performing at the moment, but what abt the future?

Personally, I agree that Investing in Sumatec is pretty much investing on uncertainties. It's all about future possibilities. It's risky so one have to consider very carefully and calmly. Well, there's always a risk in any counters anyway, it's a matter of degree.

Happy trading everyone. Let's make our decisions calmly without being influenced too much by others.

Thanks hhakim for the insight and analysis.
It's always good and fun to read many analysis done by many members in Sumatec forums.
Cheers everyone, for our patience is finally starting to be rewarded.

Great news for everyone :)

@BumbleBee - Saw the article your post before and total agree. Unless you are a trader, as an investor you always should consider medium to long term investment. #Keep calm.