To show support I will queue at 10 sen
Even at 10 sen the company valued at 300 mil
Expensive !
Of course the buaya will support the price until they fully exited
They gonna make it down and sell slowly

If u want all in - there are 3 billion shares . How much you want also have .. This is a toilet paper counter only for goreng and con

Sumatec Kazakhstan oil most likely is mud only
These are the leftover small or marginal oil well which the big boys already do their evaluation and thinks not worth spending the money to drill ..
Halim get it cheap and inject in to get cash from shareholders
And he can also sell the worthless shares in market slowly
What a great deal for him ..
Good luck

Fear vs greed
Time to think of what's your priority

Most of the active shares are Down
Penny shares all getting thrown like toilet paper
A sign that syndicate is exiting
Be careful ...
If u still want happy Chinese new year

8 million shares thrown
3 billion shares left to be thrown

80,000 lots thrown at 30 sen ..
Big fish clearing

0.29 and dropping like hell
Better cutloss while still can

Ksl if iskandar property bubble explode in 2016 then the share will drop to below rm 1

Those days he bring renong investors to holland
Now Sumatec is even not important to him
He already cashing out

Bear in mind it has 3 billion share issued
As long as big players don't throw you are ok
Once the big players throw it may drop spectacularly
Even at 10 sen the company is worth 10 sen x 3 bil = rm 300 mil ! Expensive !
The lowest price for this stock is 7 sen !!!!!

If breach 20 sen - the so call "strong support " then it may go down to 10 sen

Patimas - there is plenty of fraud in this company
To saved it somebody have to pump in money and correct the accounts
Put in a regularization bank
Get the lenders to agree
Or it still can and may most likely be delisted
The exdirectors shld be investigated and jailed for fraudulent transactions
Instead they already run away

Maybe the only way To "Saved" Sumatec , is need to pay one analyst to write a very good report which says "Sumatec : the next Petronas ? TP : Rm 2.00"
put some pictures of oil rigs and drill in the report and some nice maps
Maybe some retailers may buy this story and jump in with their hard earned savings

No reason to buy jtiasa
The earnings are weak
Funny people can "calculate" the value base on agak agak method
Eg if IOi buy highest price , then I take that as benchmark : hence jtiasa or rsawit should be worth so and so ...
It's really childish way and Not professional at all !! Hahaha

Drop quite a lot
Next support Level is 42.5 sen
if breach then below 40 sen
"strong" support at 38 sen but if breach then all the way down

In fact if tomoro drop below 30 sen
Then what happen next 10 sen ?
Many people already stuck in this counter
And losing patience
Losing Money
While halim laugh all the way to his bank

The mb make a decision for the benefit of selangor people .
If follow BN method , later who is gonna pay ? Answer : rakyat have to bear the cost via increase water tariff .
The mb asking the gov to consider other methods like membrane technology
Which is much cheaper than sourcing water from pahang
But this was rejected by gov cronies
So as an mb next thing is Tarik the license la
As he knows once under BN or umno it will be At their mercy and surely the tariff will increase just like everything else including kang kong

Yeah I believe u !!
Beheading should also be possible
Market is reddddd

When market is red :
A)everybody seem to quietly take profit ?
B) Or quietly taking losses ?
C) buy more (on the way down )
D) do nothing

Beware of the risk involve in the trading of warrant
Overnight a warrant can turn worthless also
In ideal world it shoot up to $10 rm
In not ideal world it can go down to zero
Beware of risk !!!

The offerer can be "fair" and give this option :
1) either take the 5 sen per warrant OR
2) convert to mother share and get rm 1.50

A warrant value is partly in the "time" value to expiry
This time value can easily be destroyed
And warrant has no voting rights,and not shareholder .. unless converted
So If I m offerer I just offer 5 sen for warrant
No obligation for the offerer To buy warrant if they can control the mother share

Ong Leong huat can make offer 1.50 for mother and 5 sen for warrant
It's entirely possible
Then all the warrant holder may jump down

The warrant is a destructive value instrument
If sudden buyout and the time value is destroyed
The warrant could just worth 5 cent or less

If tomoro Ong Leong huat offer 150 for mother and 5 sen for warrant then warrant holder can jump down already !

Be careful also if the offer price If there is a sudden mgmt buyout is below the ex price of the warrant
Then the warrant will expired worthless ..
In the past it has happened so BEWARE !

There bound to be profit taking soon
Else if mkh keep going up the shares will be rm 100 already with no new fundamental except some report from hwang

Market very red.. Time for all to exercise caution so not to lose your ang pau money to syndicates :)

Well I didn't lost any money as bone report all is quite funny and no standards
Only those not so informed and not very bright ppl will follow ..
What I am highlighting is some other ppl who follow blindly may have lost money If they bought "high" - after bone has bought and ready to dump..
As bone already bought earlier and unlike real analyst here there is no need integrity and conflict of interest .
Here bone can do this modus operandi of buy earlier and then dumping to other investors once he released that report .. It works in particularly if market is good ..
Those investors who suffer losses however can file complaint against his blog so that bone can be investigated If really there is any wrongdoing or securities trading law violation.. It's not hard to trace just check his brokerage transactions

A lot of people may have occasionally been trap due to recommendation by "bone".
See : bone may have benefited as he can bought earlier then release a report or even blog about it so can start to take profit and cash out ..
Don't be the fool , when u buy stock make sure u look at all angles ..
People have their own agenda
The writer is the one that making money as he or she could already bought earlier ...

Since MCA is now obsolete , and not representative of the Chinese majority - its a very shameful party
Even dr ling - should be ashamed that he lost billions in the port klang project
All a sudden he want to come out as hero ?
But during his time at the office - he just kept quiet and kiss ass & enjoy the money

Ling is either corrupt or a dumb minister who gets cheated
Either way he was never a good Chinese leader
Even though not guilty but we have to ask why it has cost the country to lost few billion
Shouldn't "someone" be responsible ?

Start to drop already .. Time for profit taking

Seems like some syndicate starting to take profit ..
Penny shares and blue chips drop
Are we seeing the beginning of a huge profit taking starting this Monday ?
Be very careful ...

Next week is a good week for syndicate to close their new year with a bang !
This so often happen
If u lose better cut loss or be prepare to hold the share for long time
Profit taking has just started and will continue

There are 3 billion shares in Sumatec
This is a toilet paper company which bursa shld have it designated
As we experience investor know that this type of share is only to goreng and trap inexperience retailers ..
If u got money can buy all of it.. I am sure they happy to let go all 3 billion shares at current price Hahahaha

Let's be realistic about mpay prospect
There isn't any.
For those who want to chase tiny and midget co there are risk involve
U have to get out before the sharks start to dump the share
Naturally they will push it up a bit before dumping
The gst money is going to the gov not mpay
Any contract to mpay is so tiny that it doesn't justify any upgrading of this stock
Check with the staff who work at mpay - if they late in salary payment it's a red flag and ready to push out gst news so that director can dump before company bankrupt

A good company can declare dividend
Else it's more like a goreng company
Plus past week market is weak
The timing is not good even for syndicate to set trap
U can earn from the few cent up or down but need to hold and watch carefully
This is a high risk stock - I repeat a high risk stock
This is not a buy and hold like public bank or maybank
Don't put your retirement money in it
Hahaha

In a lousy market , u buy Sumatec is asking for trouble
U can make 1 or 2 sen but if it drop u will lost 10 or 20 sen

Corrections is coming as syndicate " close their books"

Anybody that tussle for a company like Mqtech either have no money or have lost his or her mind
What can they hope a company like Mqtech generates ?
It's more like throw money in long kang hahaha

Post removed.Why?

Iris is a snakey counter
U shld get it low or not at all
To avoid getting burned

It's gameover

Yes can collect until drop to 8 sen
Then the director will laugh and laugh
They not going to give u the FD
why shld they , to them - it's belong to them already by virtue of they controlling the company as it belongs to the company
It's not hard though to create bogus company and pretend sell goods to that company to transfers the money out
Many such bogus director with bogus company got cheating skills
If u want dividend might as well buy maybank or nestle
The dividend is higher than china company and more reputable and safe hahaha

As long as they can buy abalone and milk powder and kang kung - they will dispose everything to you !

Profit taking may extend until As long as after chinese new year

Thanks for donating - from halim

See if u can hold if they push down to 20sen
At 20 sen and 3 billion shares the company still valued at 600 mil
Expensive !!