@quest - DNEX price is low. But dubious mgmt like the previous one shy off many investors.

You will have more bad experience if Bursa does not investigate those bad apples!

Dnex, Hovid, Layhong.....may be sumatec......

Get PH government to investigate.....


Posted by Darth > Aug 26, 2018 01:39 AM | Report Abuse

Why is BFM Radio, The STAR BUSINESS, The Edge Malaysia, FOCUS MALAYSIA and BURSA MALAYSIA so scared to investigate?

Quick, quick fly...


As some who commented some time ago...

https://klse.i3investor.com/blogs/themagicofmerlin/147821.jsp
WHETHER U BELIEVE IT, THIS STOCK WILL RALLY BY 200% THIS MONTH DUE TO ITS RESULTS
Author: themagicianmerlin | Publish date: Mon, 19 Feb 2018, 09:56 PM

Where is he now?

Most of them Datuks, Datuk Seri..... enjoying their well-rewarded lives/
How????

Posted by ZEPAN > Jul 28, 2018 12:16 AM | Report Abuse

.....Very true brother qqq3, more fireworks to come, let's watch the show. I would like to see all the corrupted UMNO warlords and even those top government servants spend their final days in Bamboo River Resort, all free courtesy of the Malaysia Rakyat, huhu

I think this stock will rise only when it starts to pay Dv.

Yeah, nobody post anything after so long.

Anybody going to attend AGM on 12 June 2018 @ 10.00 am at 9th Floor Function Hall, The Boulevard Hotel, Mid Valley City, Lingkaran Syed Putra, 59200 KL?
Pls share what are the outcome?
Any hope for this stock to come alive again?

Capex still high, -FCF and debt still high 217m how long will we have to wait for them to get out of the rut?

DNEX ICBC for so long.

Now new mgmt, still the same as the idiot CEO who sold all his shares and ran away?

Wait for the next Qtr, see any improvement.

If improves, should think of giving DV, I am sure this will make many eyes glow!

How much Revenue will CGT contributes per year? Say by 31 Jan 2019?

Great team!
Well done!
More $$ for development now.
Better move East.

Let's hope this AGM will brighten up this stock and will spike from now on wards.

....................................................................................
JJchan last round...dnex jumps from 0.28 to 0.70

At least some life from their 31 May 2018 QR.

Hope all the way improving from now!!!!

A flip-flop President.
Continues to play game with everybody and expect you to give in to him all the time.
6 times bankrupted in business.
Will he have the same result with his country???

TQ for sharing.
Keep it up.

Avoid absolute power to one politician.
We have seen enough in Najib, Taib and previous BN government.
Let us all be vigilant and raise our voice loud and clear:never allow one man to control the whole government machinery again.

A good one.

Rafizi Ramli has made a lot of personal sacrifices to create awareness among the rural folks of the past government.
This election win, he should be given a lot of credit to it.
This man has a vision and the courage to pursue his conviction.
It would be a waste to let him linger in jail.
Yes, groom him up, Tun.
One day, I am sure he will become a good Prime Minister for the country.

Rafizi to be Finance Minister, fully support!

HS has abandoned ship……
Who to believe now?
Why don’t SUMA JV w others???

Posted by RickyHo > May 7, 2018 10:55 AM | Report Abuse
TAN SRI HALIM BIN SAAD 29-Jan-2018 Disposed 195,600 0.000 View Detail
TAN SRI HALIM BIN SAAD 26-Jan-2018 Disposed 18,000,000 0.000 View Detail
TAN SRI HALIM BIN SAAD 25-Jan-2018 Disposed 15,000,000 0.000 View Detail …………..
………………………………………………………………….
Posted by Buy1sell2 > May 5, 2018 05:57 PM | Report Abuse
“We have a working interest in the (Rakushechnoye) oilfield. In a worst-case scenario, we could still dispose of it for cash,” Halim says. So this stock is still worth some money. Don't simply sell.

Mahathir is an Indian and you know there are hundreds or even thousands of Indian scientists around the world. Najib is a Bugis – if u know any Bugis scientist pls share.
Have u read M Bakri Musa (a California Surgeon): How did such a character ascend to the highest office in the land? I cannot accept that Malaysians are that stupid to let it happen –MKINI. Or, Maria Mahathir: No more race, religious issues after GE14? Worth a read.
Here, religion race and discrimination hang big over the politics of this country. Because of these, all “evils” caused by the two men evolved - the only difference is one is more controlled and the other is overdone.
This election is the choice between two evils – which is the lesser one?
We would like to go to GE14 with one heart but after election do we still hv one heart to build the nation up?
Or we would hv a euphoria then everything remain status quo and the nation will return and remain mire in the cesspool again?
The world is moving on, third world countries well behind us before are catching up and are passing us by in social and technology progress. We are facing a very competitive world all around us. Can we still hv religion, race and discrimination in our politics with some races suppressed?
If the races were you, how would you feel?




Posted by izoklse > May 7, 2018 01:10 AM | Report Abuse

Mahathir smart he put donation money in his crony and party account. Najib put money money in his account then transfer to party account. itu silap........

It appears that there are CEOs who sit on top but don’t know how to manage or have any strategy to move the company forward.
Another counter is ALAm, very high receivables but why not shake up their mgmt team to collect the $$?
Why they don’t do anything in their Mgmt Board Meeting but let their company runs into slow and painful death?
Why don’t they pool their heads together and come up with a PLAN?? After all, they hv been pd by the shareholders’ $$!
DO SOMETHING!!!
Sad, very sad indeed…
============================

Posted by polycarp > May 5, 2018 12:36 PM | Report Abuse
Sumatec management is only party animal not a workoholic. Need conscientious hard working people to run a business big or small.

Posted by Jeffreyteck > May 5, 2018 01:08 PM | Report Abuse
From above 1 to current level, that tells everything including management capabilities. If someone could compile and share the management and bod remuneration over the past few years, that will be great. Anyway, price is low for speculative play at our own risk. Good luck.

Where r all the hopes and expectations??
Obviously SUMA has no money for development and has NO PLAN even to work for the future.
If SUMA is still viable but NO MONEY, invite the China-man to pump in more and ask him to draw up a PLAN for development…..
The CEO should not sit back and hope for something to fall from the sky.
Br pro-active!

https://klse.i3investor.com/blogs/themagicofmerlin/147821.jsp
Author: themagicianmerlin | Publish date: Mon, 19 Feb 2018, 09:56 PM

……. Remember that as long as oil prices maintain at and above USD60/b, my FY18 valuation remains unchanged at 56sen because my average oil price forecast is at USD60/b and in fact, poised for more upside but then could be offsett by weaker USD.
So far, oil prices has become a push factor for SUMATEC. According to the Company, they can make net of USD30-35/b even though oil prices at USD50/b……….

China would not face up the US if they have no bargaining power with them.
They had already told the US - they would go to the bottom of it.
Let's see after May 4 or by next week after the delegation has left China and reported to Trump.

Probably in one island controlled by US army.

Posted by Bruce88 > May 3, 2018 04:06 PM | Report Abuse

Some idiot confidently told the world MH370 ended in the Indian Ocean ! LOL

If “the auditor, in Sumatec’s Bursa filing on Monday, said it was unable to obtain sufficient audit evidence in assessing the practicalities of the assumptions made by the management in terms of the viability and sustainability of the oil field’s development plans and the necessary expenditures needed……….” Then why cannot produce sufficient evidence in assessing the practicalities of the assumptions made by the management…….?
Why not invite the Chinese partners to take a bigger share and pump in more $$$ and give good development plan?
A war may break out in the Middle East and oil price will shoot up. Surely the Chinese partner could see the advantage in taking a bigger share in here.... If Sematec is still a viable project?
====================================
Halim also rubbishes the auditor’s assessment that there are going concern issues at the group. “How can there be going concern issues when there’s no winding up notice being served to Sumatec?” he said.

He said in addition to his 12.7% stake in Sumatec, he has advanced US$25 million to Sumatec, to pay for Sumatec’s share of operation costs in Kazakhstan — as he is optimistic that the turnaround story for the company will materialise in FY18. ………..

U may call him an old fox and the other a fat chicken.
We r already in cesspool going to sink deeper if not rescued.
Give the old fox a chance - he has regretted his wrong doing.
Has the fat chicken regretted?
I pray for his health and safety to gallop pass the winning post with glory.
MGBH.

Sslee > Though I have seen a lot of this Dr Mahathir, but I believe this time, he will be the only man who could lead the pack to bring down the present unruly government.
I have a dream too and a very strong desire for the country to revert its rogue course for the future of us and our children.
I’ll go for PH this time.

Sslee > I HAVE A DREAM; Democracy, Liberty, Justice, Unity and Prosperity.
Highlight;

I said this before ‘We would like to have one heart going to the election. But will we have one heart after election?’
Ask ourselves, ‘How did we get into this plight?’
Could we have done anything in view of the continuous political unfairness and subjugation imposed on us since Dr M took office some 50 years ago?
Will we still face the same situation after election?
The world is a very, very different one now. Could we still afford unfairness in government on its people and expected the whole country to perform, progress and be respected in the new world?
Why someone could wield such great authority and get away with it for so long?
We all have to sit back and ponder what future we would like to have …….????

Sslee …..Will we be full of remorse or regret and keep asking ourselves IF ONLY I had done this or that then we have lived a purposeful life and ready to face our exit with no sadness and regret?
Are we leaving behind the world a better place than when we first found it?
Do we provide our children with more opportunity than we had?
Are we a good man and doing good deeds to our fellow man?
Do we carry out our earthly responsibility and duty ethically, fairly, justly and with dignity and pride?
Have we done our utmost best to leave behind a government that is Clean, Honest, Responsible, Competent, Just, Fair and respecting the rule of law and the right of every citizen? If your answer to this question is not yet then it is about time now to do so, has the courage and foresight to kick out the corrupted MO1 and his decadent, kleptocratic Government and embrace Pakatan Harapan with its Reform agenda.

Bursalearner Agree totally , its time to put aside our differences n fears, and unite to vote out a totally corrupt, arrogant, lawless government and vote in Pakatan Harapan , give them 5 years to try to get thing right.
To stick to this current band of keptocrats, will be a gross neglect of our duty to Malaysia, our children and future generations.

Good one.
TQ brother.

Where u get the news from?
It is wicked to spread false news!


somersby china petroluem will take over sumatec soon
26/04/2018 08:49

I know one company Icap, no Dv paid, price got stuck many years and only one person benefits collecting commission from NTA - maintaining NTA by not paying Dv so is his commission.
Share price doesn't go up but drops with the market.

Posted by DrNigelTan > Apr 25, 2018 08:59 PM | Report Abuse

When a company decides not to offer a dividend, it keeps more money for its own operations and expansions in hopes of rewarding investors with more valuable shares of a stronger company.

I remember someone said the same thing to Hovid a couple of years ago.
Look at what the mgmt had done to the Share-holders!

Is it really wise to think so far? How the mgmt will be like 5 or 6 years from now???


Posted by B4b4 > Apr 17, 2018 11:05 AM | Report Abuse

I am keeping for cucu.....cicit.....and donations

Oh dear, another DNEX in the making....

Posted by Dalim Hossain > Apr 16, 2018 09:58 PM | Report Abuse

watchout guys director keeping disposing and dun forget esos share selling

We like to have one heart going to the election.
But will we have one heart after the election........????

DAP Is A Racist Party Says Mahathir
Did he look into the mirror when he said this?

If there is no fundamental change to the Government's policy it would be like changing water in the soup but not the ingredients – the result will be the same again.

Bad QTR lah...

Let it be....
He wanted to protect American $$. Remember they even went to war when two Arab leaders wanted to trade oil in other currencies? He sent carriers and ships to frighten China but to no avail as China is now well equipped to par down these threats.
This is another show down between them.
On 26 March China will begin oil trade in Yuan. We will see the effect on American $$ in days to come.
The world is getting tired of the American using their printed $$ to "force feed" others using their military might but nobody dares to stand up against them.
Now someone tries.
Let's see the unfolding drama ahead of us...

Keep our fingers crossed until after 26 March..

Going to 0.30?

When will they give out the special DV?

What do u think?
With somebody who was paid and given a lot of free shares but he did not perform and sold all his shares for a fat profit and quit the company.
Lucky that it does not .....
But, remember this character! Any company with his name on we should not touch with a 10-foot pole.
No moral obligation.

Posted by Uftjhfj > Mar 17, 2018 09:34 AM | Report Abuse

http://www.klsescreener.com/v2/news/view/354693

Omg. Dnex tp downgrade.

Why do u want to cheat?
Can u give us your reasons that ESOS would be 0.50?
So far mgmt had been cheating selling their ESOS and made handsome profit from it.
Only share-holders left high and dry!!!

Posted by Emilyn3112 > Mar 9, 2018 08:50 AM | Report Abuse

Next esos RM0.50 sen :)...so be patient...TP coming soon...Cheer

Is this just election talk only?


Posted by Sarawakians > Mar 8, 2018 04:10 AM | Report Abuse

“But what must be done is, there must be equitable jobs to be given to Sarawak companies.”

V Good.
Thank you Calvin.

Agree w u very_goat.
The mgmt is useless, wrong mgmt & lost focus that is why the share don't move up.

Well, new blood is in, we hope for the better in 6 months' time.
Next Qtr, don't expect much.

TAN SRI HALIM BIN SAAD disposed of so much shares.
Is he another suai-chai like Azman bin Karim who sold off all his shares and leave the share-holders high & dry?

Posted by RickyHo > Mar 2, 2018 04:49 PM | Report Abuse
TAN SRI HALIM BIN SAAD 26-Jan-2018 Disposed 18,000,000 0.000 View Detail
TAN SRI HALIM BIN SAAD 25-Jan-2018 Disposed 15,000,000 0.000 View Detail
TAN SRI HALIM BIN SAAD 24-Jan-2018 Disposed 93,804,400 0.000 View Detail ………

Somebody inside sold their shares and made millions without taking share-holders into consideration - this share has suffered internal injuries.
Wisdom tells us that when insiders sell, we should follow.
Curse this Azman and his gang. This is why 70c song never sung.
U want to see this share to up, it will take time to recover and hope it will be like Hibicus.
See how the new mgmt goes.

We heard many stories…….

Datuk Johar was an officer at Jabatan Perdana Menteri Malaysia from 1975 to 1976. He has a vast experience of 34 years in the banking industry. His career in the banking industry began in 1976, when he joined Malayan Banking Berhad (Maybank)………
Azman owns 90 million shares in dnex while johar has 5 thousand shares…….
Encik Azman bin Karim resigned from the Board of Directors of the Company to dedicate more time to other personal commitments and responsibilities. …
So the jinx who has sold his shares & caused the share price to stall had never intended to build up the Company in the first place and that was why we saw the company was ICBC. Glad that he has gone.
Let’s hope the share price will spike soon.

Looks like magician is not a magician but a con artist after all!

Quarter Result on 31-Dec-2017[#4] QoQ - -1,421.98% YoY - -4,432.06%.

Posted by YLR33 > Mar 1, 2018 06:13 AM | Report Abuse

the magician keep talking worth 56sen, but single major shareholder sold share for less than 25%, propably less than 20% of the 56sen i.e 12sen in huge amount in Jan 18, VERY FUNNY!........