If all of u start talking in forums without talking to the person / company / organization that is asking investment from u.... Then every company should consider PP to the public

The best is call first....u guys are investors...not zombies that can be played around with

For Investor Relations related queries, please contact the following:
Name : Roshidah Abdullah
(Chief Financial Officer)
Email : investor-r@sumatec.com
Tel : +603 2283 1368
Fax : +603 2282 6368

ESP since the forum like this were introduced

All KLSE Companies Investor Relations department must have forgotten their job....

*talk

They are taking your money and yet u are talking in the forum....u should take to them

@stonenut say something truthfully....truth has foundation....should u have the reason put it in front of all of us....

Malaysians are very shy to meet people to whom they give money to... This part of earth people are too shy and kind....therefore it's the best place to list a company

Rather than scolding one another .... Just take a drive to their office...and meet them...know about the company....and share with others sensible thoughts...

She has to answer to u guys....esp if u guys are going to put in some more money

Please call Puan Roshidah ...don't b afraid....ask her about the assumptions in the projected profit

Conned99 If I am hs, I will kill all Ikan bilis like wad he does in renong!!!!
08/10/2014 14:01

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U r really funny

As investors u guys must be close to the IR of the company....

@gettalife is right ...checkout the numbers.....but don't forget to put it at USD 70

What you can do is recalculate the value of the company based on USD 70 instead...u can call investor relations Puan Roshidah...she should be able to help

You can't blame anyone

At that time YES the price was justifiable...

Relist

*sorry realist back

By delisting it...He can focus on building and later he could delist back at higher valuation...may be with just one field.

If I m HS I will delist the company

The only country that benefits the most when oil is down is USA

If it goes to USD 40, the world has to go to war...no other solution ...

Long term in this case sometimes goes in decades....

Oil is definitely not the game of small fish...even Sumatec is small fish...even Kazakhstan is not a big fish...even not Russia...

Not only Sumatec....even Kazakhstan...even Russia will go into losses....

All papers sent to the bankers must have taken into account contingencies of 20%. But what if say it goes below 20%

Oil prices has gone up too high...with that production cost has gone up...so it's definitely going to impact the profit and all the related plans....

Should the deal doesn't go through they can still look for other assets right?

Not promoting....just thinking if sumatec investors could increase their sumatec shares by Nov

I m just trying to pair d risk....

I mean Sumatec market is already twice of sona now

Sumatec already twice of Sona

Sumatec still struggling to break 2000 barrels

Sona upon approval will have 6000 barrels...

Asia is slowing....Europe again slow....

What if the demand start slowing every where?

Any sona guys?

Overall with population boom energy consumption is going to be more and more....

@DreamConqueror you might be right....just hope USD goes up to counter drops...

With asia slowing down....danger might be coming

At the moment it's quite dangerous for E&P counters

Now if it goes below USD 85... Then God saves us

All calculation assumptions was based on USD 100

Oil prices going down...this might coz a bit of problem in raising more cash

Greed creates hope and fear

It's a controlled stock

Nothing to do with budget....it will go when it needs to go

Sumatec has potential....oil is a great business....whether u take out today or later....is going to be profitable...how much does a pump cost anyway