guys remember next monday must help out berung emas abit
support him to buy glotec. ok ? this guy look very desperate .. i think he is the glotec director...
wakaka FYI. PDZ is building the LPG plant at kazakhstan now . wakaka buy suma and pdz pls . sold your glotec. faster.

hehe i would prefer you to post this > hey guy oil going down soon. pls sell yr suma. i am looking forward to buy at 0.18.

ghost story teller ...looking forward to buy at lower price.

someone is keep posting oil down news here ...hehe.

ayo oil forecast 30 usd. ayoyo.. faster sell suma...ayoyo..wakaka sell to me i parking to buy at 0.18 . ayo...

good after guys kkkk... all gone on leave for cny ? so quiet this forum nowadays

ya faster sell yr oil comp share

So ri at 20 cents....so many people bought already. I think the price will go downt 14 cents . Hehe . U see pdz ri 18 cents now 0.14.

So cny shopping can't be missed ?

Dropping he still he he....

Jcy very bullish sign. 20 ma line crossed over 50 ma line. MaDC line stay at above 0. Buy on mimor pullback . If u want to play safe. Rsi above 92...in overbought area.

well i would say dun put salt on people wound. suma is not closed shop yet. share up and down. those who play suma all this while will know. as long as it biz still there . by acquiring the oil well assets . I am sure it wlll rise one more time again. hehe... now so fast close show meh. HS got all the share now. why you worry ? if want worry also HS la..

Show yr manner when argue with people. N dun say dirty thing to insult people. Ham ka chan u.

Post removed.Why?

U dun get the point . Opec won't sell oil at 40 30 forever. Shale oil producer already started to retreat. Cheap oil going to boom demand too. Oil will stabalize by then
. And OPEC will cut production. U sound like OPEC will not cut production in future. Sell all yr oil comp share now pls if that's the case.

Why oil drop to 48 now ? Because OPEC dun want to cut production as of now... ask yr self . Is Tis a permanent OPEC decision ?. Opec want money mou ?

Cnbc said now even oil price go down new low. Some oil comp share did follow going down to new low.

http://nexttrade.blogspot.com/2015/01/o-stocks-stop-dropping.html

i think the timing is decided by suma management, and they will work through it to get SC approval and shareholder approval during GM

need share holder and bursa approval

tai kor its not approved yet. ex date will be announced in suma announcement..

guess HS will need to come out some good news first before people will subscribe RI. hehe

Kimkowlee.. most people dun want to take risk. They prefer situation like . Oil at 100 USD. Perisai is at 40 cents. Suma at 20 cents for them to buy. So that they can easily make big money. This is most people thinking. Want win big . Dun want take risk. Dun care to analyst abit how things will work.. share market only few will make big money. Tell me wat it takes for u to become part of it. Dun tell me is oil at 100 . U can buy suma at 20 n etc..

Now price is 0.205. Already not far from Holland.

Then only can shot to 45

Petronas ah ? Hehe

cost reduce by 19.7 % per barrels

so here is the calculation

350 m USD / 68m barrels = 5.1 USD per barrels

new price 290 m USD / 68m barrels = 4.26 USD per barrels

Correct ?

I believe the price will move up. Try to have some biz sense hehe

Halim is smart. U dun underestimate him. He kill a lot people when ri is said to be 40 cents last time. Goreng kaki like us never expect the price will fall further from 45 to 17 cents. Hehe. a lot people bought at 45 40 35. End up lossing big money. Now he say ri 20 Hehe....

Wat was the price Pre n post ri last time ?

Someone can tell me wat happen suma price movement on last ri ? I remember its quite interesting

Hehe when mother at 30. A lot will come chase the mother....

Hmm wat if Hs push up mother to 30 cents .? Hehe I m sure he got something in store to lure u guys ..

Do u see the diff ? NEw pricing u end up getting more mother shares

Old pricing. With 5 shares get 2.5 ri share n 2.5 free warrant . Total cost 2.5 x 40 cent =1 RM. Total mother shares u got after ri is 5 + 2.5 =7.5 shares.
New pricing . With 5 shares get 6 rI shares n 3 free warrant. Total cost 6 x 20 cents =1.2 RM. Total mother shares u got after ri is 5 + 6 = 11.

This forum very quiet......

So by 31 July 2015 ri must done

Further to the above revisions, the parties also agreed to extend the date for fulfillment of
the Conditions Precedent from 30 January 2015 to 31 July 2015.

Correct ?

Ri 20 cents. Got 5 shares u entitle for 6 right shares. 2 right shares give one free warrant. So total free warant will be 3. 5 + 6 n 3 warrant

Hello anyone home ??

No more ri is it ?

Type Announcement
Subject MULTIPLE PROPOSALS
Description SUMATEC RESOURCES BERHAD (“SUMATEC” OR THE “COMPANY”)

• PROPOSED ACQUISITION;
• PROPOSED RIGHTS ISSUE WITH WARRANTS;
• PROPOSED OFFER FOR SALE;
• PROPOSED IASC; AND
• PROPOSED AMENDMENTS

(COLLECTIVELY, THE “PROPOSALS”)


(Unless otherwise stated, all abbreviations used herein shall have the same meanings as those stated in the announcements dated 28 August 2014 and 8 September 2014 in relation to the Proposals)

Reference is made to the Company’s announcements dated 28 August 2014 and 8 September 2014 in relation to the Proposals.

On behalf of the Board, M&A Securities wishes to announce that the Company has entered into a supplemental agreement with the Vendors on 9 January 2015 (“Supplemental SPA”) to reduce the Purchase Price for the Proposed Acquisition by USD60,000,000 (equivalent to RM210,000,000) to USD290,000,000 (equivalent to RM1,015,000,000) (“New Purchase Price”), of which cash payment is USD210,000,000 (equivalent to RM735,000,000) and the balance USD80,000,000 (equivalent to RM280,000,000) is by way of issuance of 1,217,391,305 Consideration Shares to the Vendors at an issue price of RM0.23 per Share.

Kindly refer to attached announcement for further details on the variation to the terms of the Proposals (“Variations”) and the Supplemental SPA.
This announcement is dated 9 January 2015.

He he http://www.bursamalaysia.com/market/listed-companies/company-announcements/1848809

Vol come

Push down to collect. Push up to sell to you

I only interested to know who is buying.. hehe. Hs might get someone to buy . Then push up. I believe Hs already accumulated suma share kau kau. Its time for him to sell suma share in Pavilion.

8686.. may be someone is buying Leh. Someone id Disposing. Someone is buying too.

Virus t..........that is old news . Now 2015....