YK John, good job, though I can not read, but understand the big figures. I google translated as follows for those who do not read Mandarin .(direct translation - if you can not understand, re translate them into Mandarin, will be perfect as what the author wanted to present..... Hahaha)


Yk John Fortunately Mattei intends to apply in August from PN17
2014-06-27 11:14
http://biz.sinchew.com.my/node/97618?tid=6

(Kuala Lumpur on the 26th hearing) from Kazakhstan oil and gas projects with a strong contribution to the stability, fortunately Mattei resources (SUMATEC, 1201, motherboard and trade services group) have the confidence to write two consecutive quarters of a turnaround in the first half of fiscal 2014 , and then the advent of August to apply from PN17 companies on Bursa Malaysia ranks.

Fortunately, Chief Executive Officer Christopher Mattei Dayton said the company must produce two consecutive quarters of profitability, to qualify to get rid of PN17 criteria. Fortunately, he was confident Mattei in the first half of the current financial success to achieve the above conditions.

Fortunately Mattei performance in the first quarter ended March 31, 2014 ended successfully earned from loss to profit, net profit of 4.47 million ringgit. Despite the end of the fiscal quarter also successfully achieved 100 million and 59 million ringgit net profit, but the profit is based on the sum of non-operating in nature, and therefore not included in the calculation.

"We will submit an application from PN17 in August." Christopher Dayton on Thursday after attending the shareholders' meeting, at a news conference said so.

Fortunately Mattei major shareholder 丹斯里哈林 sand jurisdiction initially had declared last June that the company will from PN17 ranks in 2014 secondary season.

Meanwhile, according to the planning and management of progress, Chris Mattei Dayton optimistic fortunate to be able to reach 6,000 9 million ringgit profit target in the current fiscal year. The company also is constantly mentioning production capacity in order to tip of this year will increase to 2,000 barrels of crude oil production from the existing 500 thousand barrels per day.

Although earnings prospects, but Chris Dayton said the Board has not yet set a dividend policy. He was referring to the company's current priority is to get rid of PN17 label, while the need to ensure that internal cash flow is positive level.

In addition, Chris Dayton claimed the company always exploring opportunities to expand into fields outside of Kazakhstan. Malaysia-based oilfield territory mostly deepwater offshore oil fields, and higher investment risk involved, and focus on the shore or in shallow water oilfield fortunate Mattei strategy does not match, so the short-term intention to acquire any large Jinma Oilfield assets.

Material from the Kazakh oil and gas
$ 175 million profit

On the other hand, for the recently announced Kazakhstan Rakushechnoye been proven to have a higher oil and gas reserves, according to Chris Dayton $ 100 per barrel Brent (Brent) Crude oil prices are expected to derive fortunate Mattei 7 100 000 000 an additional $ 15 million net profit.

He said the contribution of this additional oil and gas reserves will only contribute in the next five to 10 years long time, and depending on the company's production capacity. "Fortunately, Mattei concession period of 10 years at the local, during which we expect as much oil and gas exploration." (Sin Chew Daily / Finance)

Ayam Tua, do you still feel shy now ? Kikiki

Lialiao

Where is DreamHunter ? Missing in this exciting moments, missed your wise comments and humour...

Optimus8, are you OK ? If yes, please share why tomolo limit down ?

Yk John now is master oledi. Correctly predicted! Gua caya sama Lu la!

YK John if >.40 I sayang u la

Logically, they dun need another 'petrocard' just use mycard ie IC

Kelvin, When is ETD ?

YK JOHN



HOW?


84 oledi

How?

Up

Is on ready mode......

Is not the online Alibaba.com but Malaysian Ali baba....kikiki

Anybody know what is the news is all about?

DickyMe, hope so is Raya 2014... and not 2015

YK John






when is the bull coming ?



after 4pm ?



tomorrow ?



or tungguuuuuuuuuuuuuuuuuuuuuuuu ?

correction - i can't

i can find the 'LIKE' 'DISLIKE' buttons on my keyboard. if there is any, I would give a 'Like' to Fam Jenny......... and .....................DreamHunter......hehehe.

A lot today means 100 units only, Not much, ...hahaha

Calling JamesRogerrs.... Have not heard from you sine your last posting on Feb 19, 2014.
Please shed some lights here on Sona's QA/HoA recently.....

Posted by JamesRogerrs > Feb 19, 2014 11:15 AM | Report Abuse

Sona has gone up to 55+ Sen, about 10 sen since I started writing on in December 2013, or almost 5 months after its RM 550 mil IPO. At 55 Sen, Sona's market capitalisation is RM 770 mil. Given the local market and world energy market conditions ( are explained below ), it is still well below a minimum within reach capitalisation - RM 1 billion, provided that the management knows what they are doing ! For an outright comparison purposes, its peer Hibiscus which is still "exploring for oil" in Oman has a market capitalisation of RM 1.2 billion, at RM 2 now.

The local market is buoyed by geopolitics and the reshuffling of institutional local funds, which are avoiding from big cap stocks where foreign funds are taking "own sweet time" selling knowing that EPF has been actively supporting.

M'sia has become very strategic in the big powers' geopolitics play. US president is coming here in April in his 4 nation tour ( Japan, Korea, M'sia, & Phillipines) as part of US's Asia Pivot policy, that real objective is to "contain" China's rise. The US will have to bring goodies here. But how much US can bring is a big question market. M'sia's bandwagoning strategic foreign policy will keep Msia in the best position to benefit from the geopolitic change in Asia.

Our PM will be going to China after the US president's trip here. The most interesting matters that the inner circles are waiting for are : 1) will China's president give a go a head for China to invest in the Trans Peninsula Oil Pipleline which transports oil from Kedah to Kelantan bypassing the Melaka straits? Our ex PM wants the trans national pipeline project very much, as it bring a massive billions of dollars spin off to the nation, in particular to Kedah, Kelantan and Penang. 2) WIll China give green light to China oil companies to take up a strategic stake in Petronas's Canada massive oil project. China's participation as both strategic investor and users is key to the viability of these important national strategic projects.


The world energy market is changing very fast. Shale gas and associated tight oil which are plentiful and cheap in US are bringing back US oil companies to US. They are selling oil and gas assets in Asia, Middle East and Africa and use the sale proceeds and resources to invest in shale gas and associated tight oil in Eastern and Mid US. Shale gas, or wet gas, has big component of etelyne, the basic building block of plastics. Shale gas etelyne is > 5x cheaper than the current naptha (petrol based component. It is the shale gas revolution that drives the FED to taper its money printing policies. China is spending USD 1 bil to explore share gas in Sichuan, known to be the world's largest shale gas reserves ( US + Canada combined ). Australia is also actively digging it. And now UK is also revisiting the share gas. Most big petrochemical companies are moving back to US - to be nearer to share gas reserves.

So, Sona's time to buy producing oil fields is marked. It has to seal it fast and use the initial producing oil fields and track record to move into prolific oil producing fields which are up fro sale. Last week, Murphy ( US independent oil co ) is evaluating to sell part of its Asia oil and gas assets, including those in Msia. Its Msia oil fields, in particular Kikeh, contributes about 50% of its total revenue and profits. Once with producing oil fields and track record, it can raise more money ( by private placement and etc ) to buy prolific producing oil fields.

So, in conclusion, to you and I, the share price will trending up. If the management do it right, it will be the stock of the year! Look for the forest, and ignore the trees. Good Luck.

Post removed.Why?

Wong fei hong sau tong at 0.79 ......... Hoi tong again after lunch...

TLTAN TLTAN TLTAN TLTAN TLTAN TLTAN TLTAN

TLTAN please include me for the email......... andylow3223@gmail.com ....... Thanks

Tomorrow another 2 sen

Sharks just started ! Your choice .....

QA or GA ? Goreng atas Angin

6th days uptrend..... Till .80.... Maybe in 2 more days ???

Calvin, I told u the other day...in 1993 >RM10.... But that is history....maybe a repeat ? Ha ha ha

Insas will be uptrend by tomorrow !

Get ready, insas is coming !

In 1993 bull run. ASB >RM10...... But that is history!

Valuemaster, Sudan lah tak habis habis RM4. Cerita basi la....muak !

FP kaw kaw sampai bini sayang....

FP invite u to visit Suma tread.... There u got More than just coffee...latest drink HaliaMaduPeng.......

Dragonslayer where is your haliamadupeng ? here dun play play, here is only KOPI no peng...... In Suma you got kopipeng, milopeng, kopiOpeng, haliamadupeng and mani Pengs.....

Dragon, or heliaMudaPeng spot on closing at .280... Sure u can sleep better tonight, but make sure remember to wake up on Monday morning to catch the market opening ! Lol

Mataseri I like your 1rm ! But need to tungguuuuuuuuuuuuuuu

Anybody want to guess what is the closing price today ?

Dragon, your lutut sakit, u can try this. Very good for heart patient too. Plenty of formula in website. This is one of them:
http://goodguy.hubpages.com/hub/How-to-unblock-arteries

Method #1
Lemon juice 1 cup
Ginger juice 1cup
Garlic juice 1 cup
Apple vinegar 1 cup

Mix all and boil for half hour, or until balance of 3 cups.

Let it cool, then mix 3 cups of natural honey.

Transfer to glass bottle and keep in fridge.

Every morning, before breakfast, take one tablespoon.

That simple!!

Geli geli

Post removed.Why?

Keep talking about RM4.??????.. You are enemy to all of us here who hv invested in Hibi. If u keep condemning Hibi, u are condemning us.
keep bringing down Hibi !!! Unless you hv mental problems. Keep harping on on old stories ...... And u can not see Hibi going up. If u hv problem, I mean mental problem, we can understand and maybe forgive u.

Lai lai lai liao

Up pun quarrel down pun gaduh..... Mesti kena jumpa doctor Kat tanjung rambutan.

Flyhigh888... I give you 10 LIKE...... Valuemaster >>> thump down !

Flyhigh888... I give you 10 LIKE...... Valuemaster >>> thump down !

Flyhigh888... I give you 10 LIKE...... Valuemaster >>> thump down !

Flyhigh888... I give you 10 LIKE...... Valuemaster >>> thump down !

Flowerpower, salute, valuemaster...... Jangan gaduh Lagi la.... No time to see all the childish comments..... Spend time making money better than making noise.... Enuf la...put it a stop !