Knm renewal energy biz will have income start on 2017 n 2018.
Both Thailand n uk petterpough projects.

Suggestion to those who trap here. Reduce yr suma holding. Put some on other better oil n gas comp. Alam n knm etc etc...

Proposal one by one. But not implemented. Actually wats wrong with sumatec ? I m speechless frankly speaking. Ohya biz environment keep changing so we keep change our proposal lor..

Sound like an good excuse ?. But i m not buying it.
Whats the point keep changing ? Is it a better one ? Are u sure ? After 6 months new idea come. Again new proposal. Do biz dun be kiasu. @*+" jus implemente yr whatever proposal la f ker.

aiyoyo wa tala lui beli ticket leh aiyoyoyo

EDL 1.8 B at least . will help reduce mrcb debt dramatically . hope MRCB still can gains few hundred millions from the selling deal .

nope ...no bullet... ya today shot up ...aiyoyo

if EDL deal is done, can limit up ? the deal is expected on 2017 first quarter

Edl deal is concluded soon ? Plus take over edl highway.

reduce the acquisition price to 1 RM lor..wa ciakap lu good and baru fair deal

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5380077

walau AyamTua lu cipat kasi blood bagi craptree....glotec sekali up sampai 1.5 RM

Okok will check it . Thk strategisst

The calm before the storm..aiyoyo..4 cents or 10 cents. Aiyoyo

Limited downside risk. As at our report cut-off date, 10 March 2017, our local O&G core coverage has gained 6.4% YTD, outperforming the FBMKLCI’s gain of 4.6% over the same period despite crude prices lower by 9.6% since January. This outperformance is largely helped by investors bottom fishing on heavily bashed down stocks such as PANTECH (+20.2%), ARMADA (+18.2%) and ALAM (+13.2%). Interestingly, apart from counters that have direct correlation to oil prices such as HIBISCS (Not Rated) and SKPETRO with oil production profile, we observed that generally the O&G counters did not retrace much within the short span of two weeks when oil prices weakened by c.10% to USD50/bbl level. This possibly implies that the market is regarding the recent oil prices adjustment as short-term hiccups and not alarming. Having said that, should the oil prices continue to weaken and fall below the psychology support level of USD50/bbl level, we might see further sell-down pressure.

http://klse.i3investor.com/blogs/kenangaresearch/119325.jsp

AT how you derive glotec TP at 1.5 RM .....

ah lick waiting suma lose court case ...kasi drop sampai 004 baru beli lor...

then sumatec go to 005 ?

har so fast you sold ah ? buy 007 sold all 008 ah ? aiyoyo lu pun KFC eater ah ?

ciakap mau support sumatec keep sapu 007...aiyoyo KFC eater ini...kikiki

like that no need see chart lor....no wonder u diu people look at chart lor...

dun said me talk bad about sumatec.. every proposal need to be looked in details , what is the rational of doing it.

so itu contrator tuang sampah bagi sumatec can charge 100 M lor .

then sumatec issue shares valued at 100 M based on market price lor.

yang mana itu sohai contractor willing to do this ? if not the bis boss sendiri olang

sumatec share is currency notes ? how to determine the value of the share ? Dun tell me is by market price .

yr big boss push down to 0.01. then how many sumatec shares you need to given out ?

What work is done by sumatec contrator ? hanky panky work ?

how soon ? proposal give contrator sumatec shares for the work done by contrator.

ini proposal is the most bangsai proposal in Bursa history .

very fishy man

http://mobile.reuters.com/article/idUSKBN16X07V?utm_campaign=trueAnthem:+Trending+Content&utm_content=58d7ae6f04d3013e9709d9a9&utm_medium=trueAnthem&utm_source=facebook

Proposed renounceable rights issue of up to 3,226,194,640 Sumatec (“Rights Shares”) together with up to 3,226,194,640 free detachable warrants (“Warrants”) at an indicative issue price of RM0.10 per Rights Share on the basis of one (1) Rights Share for every two (2) existing Sumatec Shares held together with one (1) Warrant for every one (1) Rights Share subscribed (“Proposed Rights Issue with Warrants”).


This announcement is on Feb 17th .

now is almost 1.5 month .

When is the confirmation date on RI ?

Aiyo...olang sula banyak untung lor....past few fake right issue Announcements. Sampai lia bersenyum senyum bila interviewed by the edge reporter.

Jangan gaduh la nia ma .kikiki

dun ignore the selling ships news possibility . it can be acts as a turning point for suma.

1. sold all ships news .
2. got the pp money in by July .
3. Opec extend cut , - most likely happen .

suma start to push up at no 1 .

selling the ships sure can one...the question is at what price only. cheap cheap sell hope cover back the loan lor...

itu dragon magamuk la...wakaka patut la lia jadi forum moderator flag buddy la...kikikiki

lia dulu ciaka sampan confirmed sula lapat buyer....ciakap sampai sikalang lor...aiyoyoyo

the near term catalyst , hope sumatec can announce successfully sold all ships..any idea when ?

at the verge of beling sold wor.....

like itu "baring unforeseen circumstances" , i can con you one more time ...itu maciam pinya tulisan lor

he wont...as he know oil when be back to 80 100 ..in this 2 years times . just sit there and wait.
so that he can sell at 62 cents again

when oil price at 100...he will yelling my oil field got 2 billions barrels reserves ..hahaha
immediately kasi push up to 60 cents and slowly distribute the share to make money .

the only one factor can help sumatec is ..external factor ..oil price go up back to 80 100 .
because management is incapable to carry out it biz efficiently and effectively .

only can goreng when oil price at 100 . sumatec no need to do anything to dev oil field. to do so is waste gas .

WB is back to square one...next is mother back to square one kot.......

insider also speculate said at the verge of selling the ships la.

http://mobile.reuters.com/article/idUSKBN16U2OY?utm_campaign=trueAnthem:+Trending+Content&utm_content=58d4468e04d3014fd8202bff&utm_medium=trueAnthem&utm_source=facebook

Dream sumatec is at the verge of becoming pn 17 company leh..lia still nanti nanti tak mau lelong itu sampan...aiyoyo

Aiyoyo...blame me pula

At the verge of being sold.....diu nia ma...this month or next month ?

Near term catalyst is they managed to sold all ships...bila ?

this company management is not efficient la. mau pangsai pun takes 1 day ..tak payah kerja la ini maciam.

there are total 11 vessels niama...Can sumatec tell us are they selling these 11 vessels ?

http://maritime-union.com/company/semua-shipping-sdn-bhd

In 2006 and 2007, the Group signed 5 Contracts for the building of six (6) 8,000 dwt and two (2) 11,000 dwt product oil tankers in China and two (2) 13,000 dwt oil & chemical tankers in Korea.

From 2008 till 2010, all the eight (8) product oil tankers which were delivered are operating under CVCs awarded by an oil major while the two (2) oil & chemical tankers are chartered to a major Korean shipping group.
The Group today owns nine (9) product oil tankers and two (2) oil & chemical tankers.

sumatec selling the ships since last year october till now total 2 vessels from semado .
6 from semua shipping . keep saying at the verge of being sold .....at the verge mean very soon right ? sula 6 bulans ini ..

Mana victor ?

Big selling aiyoyo