@Nelson Chua,

Worry and scare. Don't think about it. Use your brain and analyze the situation, then decide.
If you still using those words,"Worry and scare", don't invest in stock market.

Just my simple humble opinion.

Old effers here wish you all the sellers who wanted sell at 0.04, 0.05, or 0.06. We welcome those wanted to buy and queue at 0.040. Please sell, we, the effers, really and willingly to support at lower price.

We, the effers, now thank you in advance first before the price touches the 0.050. We appreciate sellers contribution of losses to the market.

We, the effers(the buyers), will appreciate your kindness of selling it to us at the lower price. We will repackage it into an attractive price when the price is in our favorite position. We don't mind to release some to the sellers who sold it to us at lower price or earlier.

For the meantime, sellers, don't forget to queue early on Monday's morning before market open. We will see who are the top sellers at the lower price. Once the market open, we, the effers, will congratulate the sellers with the lowest price. We, the effers again, will give some special prize which is ... will be a surprise gift.

Well, sellers, you can start queue on Sunday if you want to.

Sellers, please don't forget, jump queue if you have too.

Have a good Sunday.

@Vick, comments placed in the forum, either naive or good investors will get the wrong message. Making wrong decision, and invest wrongly is harmful to individual health.
From a joke can becomes rumors and become fact(incorrect assumption). We maybe buying, but the price drop can easily hurts your investment.

It is good to place a proper comment instead just making a joke. Correct information is upmost important.

There is a limit to place a joke.
Just my humble opinion.

p/s Now I know why my gangs hate i3investor,com

If last 3 quarterly reports were NO PROFIT or LOSS, and IF the recent statements that TSHS is not going to pay and want to default..... We are talking about PN17. So far, NONE. I mean ZERO NEGATIVE NEWS.

Please read those statements slowly. Word by word, not words by words and jump into conclusion.,

I am out and you all have a good weekend.

and recent announced statements had nothing to do with PN17.
If you all can not understand the statement, I don't know what to type or say.

Have a good weekend.

p/s: Sell if you want to. Buy if you need to. Hold if you have too much money and don't know what to do.

http://customer.bursamalaysia.com:8080/MainLR/Pages/MainPracticeNote17.aspx

5.0​ Obligation to Regularise
​5.1 ​If a PN17 Issuer undertakes a regularisation plan which will result in a significant change in the business direction or policy of the PN17 Issuer, it must –
​​ (a)​ ​submit the plan to the SC for approval, within 12 months from the date of the First Announcement; and
​​ (b)​ complete the implementation of the plan within such timeframe as may be prescribed by the SC.
​​5.2 ​If a PN17 Issuer undertakes a regularisation plan which will not result in a significant change in the business direction or policy of the PN17 Issuer, it must –
​​ ​(a) submit to the Exchange the plan and obtain the Exchange's approval to implement the plan within 12 months from the date of the First Announcement;
​​ ​(b) ​complete the implementation of the plan within 6 months from the date the plan is approved by the Exchange. However, for cases which involve court proceedings, a PN17 Issuer has up to 12 months from the date the plan is approved by the Exchange, to complete the implementation of the plan; and
​​ ​(c) record a net profit in 2 consecutive quarterly results immediately after the completion of the implementation of the plan. In this regard, the PN17 Issuer must ensure that the relevant quarterly results are subjected to a limited review by an external auditor before they are announced to the Exchange.
​​​5.3 ​In relation to a PN17 Business Trust, if the PN17 Business Trust undertakes a regularization plan which will not result in a significant change in the business direction or policy of the PN17 Business Trust, it must –
​​ ​(a) comply with the requirements in paragraph 5.2(a) and (b) above; and
​​ ​(b) record either a net profit or positive operating cash flow in 2 consecutive quarterly results immediately after the completion of the implementation of the plan. In this regard, the PN17 Business Trust must ensure that the relevant quarterly results are subjected to a limited review by an external auditor before they are announced to the Exchange. FAQ 8.26
​​5.4 Pursuant to paragraph 5.2 above, a PN17 Issuer and its Principal Adviser must ensure that a regularisation plan which will not result in a significant change in the business direction or policy of the PN17 Issuer -
​​ ​(a) ​is sufficiently comprehensive and capable of resolving all problems, financial or otherwise that had caused the PN17 Issuer to trigger the Prescribed Criteria;
​​ (b)​ ​enables the PN17 Issuer to regularise its financial condition such that the PN17 Issuer no longer triggers any of the Prescribed Criteria; and
​​ (c)​ ​is fair and reasonable to the PN17 Issuer and its securities holders and will increase value for its securities holders.
​5.5 In complying with the requirements under paragraph 5.4 above, the PN17 Issuer and its Principal Adviser must demonstrate to the satisfaction of the Exchange, the following: FAQ 8.24
​​ ​(a) ​the regularisation plan is able to strengthen the financial position of the PN17 Issuer including its securities holders’ equity, gearing, net asset position, cash flow position, and address its accumulated losses position;
​​ (b)​ ​the steps taken or proposed to be taken are comprehensive and capable of addressing the issues that had caused the PN17 Issuer to trigger the Prescribed Criteria, such that the PN17 Issuer will –
​​ ​ ​(i) ​no longer trigger any of the Prescribed Criteria upon implementation of the regularisation plan; and
​​ ​ ​(ii) ​not trigger any of the Prescribed Criteria in the near future;
​​ (c)​ ​the core business activities of the PN17 Issuer post-implementation of the regularisation plan is viable, sustainable and has growth prospects to warrant continued trading or listing on the Official List. In this respect, the PN17 Issuer must provide sufficient information in support of its regularisation plan, including -
​ ​ ​(i) ​a detailed business plan of its core business activities;
​​ ​ ​(ii) ​profitability of the core business. Generally, low profit margin or loss making business will raise concerns on the viability of the core business. In the case of a PN17 Business Trust, the ability to generate profits or positive operating cash flow from the core business;
​​ ​ ​(iii) ​sufficiency of resources and strength and expertise of the key management, to achieve its business plan and expected level of operations;
​​ ​ ​(iv) industry prospects;​
​​ ​ ​(v) ​competitive advantage; and
​ ​ ​(vi) ​market position; and
​ ​(d) the ability of the PN17 Issuer to immediately generate net profits or positive operating cash flow (in the case of a PN17 Business Trust) in 2 consecutive quarterly results immediately after the completion of the implementation of the regularisation plan.
​5.6 ​A PN17 Issuer and its Principal Adviser must review the PN17 Issuer’s risk management and internal control system, and submit to the Ex

​4.0 Disclosure obligations of the PN17 Issuer
4.1 Pursuant to paragraph 8.04(3)(b) of the Listing Requirements, a PN17 Issuer must announce to the Exchange -
​ ​(a) on an immediate basis ( "First Announcement") upon the PN17 Issuer triggering one or more of the Prescribed Criteria -
​​ ​ (i) ​that the listed issuer is a PN17 Issuer pursuant to this Practice Note;
​​ ​ ​(ii) the listed issuer's obligations pursuant to this Practice Note;
​​ ​ ​(iii) the consequences of non-compliance with such obligations; and
​​ ​ ​(iv) the status of the listed issuer's regularisation plan or the status of its endeavours to formulate such a plan, whichever is applicable, or where neither a plan nor any endeavour to formulate such a plan has been undertaken, an appropriate negative statement to such effect;
​​ (b) within 3 months from the First Announcement, on whether the regularisation plan will result in a significant change in the business direction or policy of the PN17 Issuer;
​​ ​(c) the status of its regularisation plan and the number of months to the end of the relevant timeframes referred to in paragraph 5.1, 5.2 or 5.3 below, as may be applicable, on a monthly basis (“Monthly Announcement”) until further notice from the Exchange;
​​ ​(d) ​its compliance or non-compliance with a particular obligation imposed pursuant to this Practice Note, on an immediate basis;
​​ ​(e) details of the regularisation plan which announcement must fulfill the requirements set out in paragraph 4.2 below ("Requisite Announcement"); and
​​ ​(f) ​where the PN 17 Issuer fails to regularise its condition, the dates of suspension and de-listing of its listed securities, immediately upon notification of suspension and de-listing by the Exchange.
​​4.2 The Requisite Announcement must -
​ (a) contain details of the regularisation plan and sufficient information to demonstrate that the PN17 Issuer is able to comply with all the requirements set out under paragraph 5.4 below after implementation of the regularisation plan;
​​ (b)​ include a timeline for the complete implementation of the regularisation plan; and ​
​​ ​(c) be announced by the PN17 Issuer's Principal Adviser.
​4.3 Before a PN17 Issuer makes the Requisite Announcement, it must ensure that -
​​ ​(a) ​all agreements to be entered into with third parties as part of the regularisation plan, have been duly executed by all parties to such agreements; and
​​ ​(b) where the regularisation plan involves a compromise or arrangement with the PN17 Issuer's creditors, the PN17 Issuer has taken reasonable steps to procure the agreement-in-principle of such creditors.
​4.4​ The Monthly Announcements must be made on the first market day of each month beginning with the month following the date of the First Announcement.

1.0 ​Introduction
​​​1.1​ This Practice Note sets out, amongst others, the following:
​​ ​(a) the criteria in relation to the financial condition of a listed issuer, which if triggered will give rise to an obligation for the listed issuer to comply with the provisions of this Practice Note; and
​​ ​(b) the requirements that must be complied with by a PN17 Issuer, including a PN17 Business Trust.
​​2.0 Criteria
​2.1​ Pursuant to paragraphs 8.04(2) of the Listing Requirements, where a listed issuer triggers any one or more of the following Prescribed Criteria it must comply with the provisions of paragraph 8.04 and this Practice Note: FAQ 8.17
​​ ​(a) ​the shareholders' equity of the listed issuer on a consolidated basis is 25% or less of the issued and paid-up capital (excluding treasury shares) of the listed issuer and such shareholders' equity is less than RM40 million; FAQ 8.18
​ (b) receivers or managers have been appointed over the asset of the listed issuer, its subsidiary or associated company which asset accounts for at least 50% of the total assets employed of the listed issuer on a consolidated basis;
​​ ​(c) a winding up of a listed issuer's subsidiary or associated company which accounts for at least 50% of the total assets employed of the listed issuer on a consolidated basis; FAQ 8.19
​​ (d)​ ​the auditors have expressed an adverse or disclaimer opinion in the listed issuer's latest audited financial statements;
​​ ​(e) ​the auditors have expressed an emphasis of matter on the listed issuer's ability to continue as a going concern in the listed issuer's latest audited financial statements and the shareholders' equity of the listed issuer on a consolidated basis is 50% or less of the issued and paid-up capital (excluding treasury shares) of the listed issuer; or FAQ 8.18, FAQ 8.20
​ ​(f) a default in payment by a listed issuer, its major subsidiary or major associated company, as the case may be, as announced by a listed issuer pursuant to paragraph 9.19A of the Listing Requirements and the listed issuer is unable to provide a solvency declaration to the Exchange.
​​ (g)​ ​[Deleted]
​​ (h) [Deleted]​
​2.1A ​In relation to a listed issuer which is a business trust, where the business trust triggers any one or more of the following Prescribed Criteria ("PN17 Business Trust") instead of the Prescribed Criteria in paragraph 2.1 above, it must comply with the provisions of paragraph 8.04 and this Practice Note:
​​ ​(a) ​the unit holders' fund (excluding non-controlling interest) on a consolidated basis is negative;
​​ ​(b) ​receivers or managers have been appointed over the asset of the business trust, which asset accounts for at least 50% of the total assets employed of the business trust on a consolidated basis;
​​ ​(c) a winding up of a business trust's subsidiary or associated company which accounts for at least 50% of the total assets employed of the business trust on a consolidated basis;
​​ ​(d) ​the auditors have expressed an adverse or disclaimer opinion in the business trust's latest audited financial statements; or
​​ ​(e) a default in payment of loans or credit facilities of a business trust or its major subsidiary or major associated company, as announced by the trustee-manager pursuant to paragraph 9.19A of the Listing Requirements and the trustee-manager is unable to provide a solvency declaration to the Exchange.
​​ ​(f) ​[deleted]
​​ ​(g) [deleted]​
​2.2​ For the purposes of this Practice Note, unless the context otherwise requires -
​​ ​(a) "shareholders' equity" refers to the equity attributable to equity holders of the listed issuer; FAQ 8.18
​​ ​(b) ​"total assets employed" must be based on the listed issuer's latest audited or unaudited financial statements;
​​ ​(c) ​[Deleted]
​ ​(d) [Deleted]
​​ ​(e) "net profit" means the net profit after minority interest and excludes one off items, such as the following:
​ ​ ​(i) interest waiver;
​ ​ ​(ii) negative goodwill credited to statement of profit and loss and other comprehensive income;
​​ ​ ​(iii) gain/loss arising from sale of investment in associated companies / subsidiaries or land and building; and
​​ ​ ​(iv) restructuring cost;
​​ (f) ​"unit holders' fund" refers to the fund attributable to unit holders of the business trust.
2.3 [Deleted]
​3.0 [Deleted]
​​

to get the lower price,
1st. scare the heck out of the naive investors
2nd. some out of thin air story
3rd. sell
4th. what ever negative or bad news that can cause the price to drop lower.

"Invest wisely and always have some reservation for yourself when reading the comments from unknown human being in the forum including this NoManLand."

GoodBoy, time to go to bed. If you don't, the monster under your bed will come out. Be a GoodBoy and go to sleep and wake up early. Mama and Papa have overtimes job tonight. Mama need to give papa a blow job.

HYG, why 10cents on Monday. Aim higher!

Yo! why blow water! Better get some one to "blow job"

Leoleo, try 3 tablets of Viagra on Monday 8:30am and see whether it can stand. ;)

Yo! it also mean, don't EFF with me first, EFF the other party until you get no resolution, then we will serve you.

Is it clear?

Yo! SRB's lawyers already stated their view.

"The Bondholders have their recourse against HLCL/Setinggi and the Bondholders should have exhausted these avenues before making any claims against the Company."

3. The Board has sought legal views in respect of the SA.
4. SRB's solicitors, Shearn Delamore & Co ("SD") has given a written advise which in gist, states that the Company is not obliged to pay the sum due and owing under the facilities as the Company can rely in a clause in the Settlement Agreement and accordingly maintain the position that in accordance with the obligations as set out in the 2013 Settlement Agreement, which supercedes all previous written agreements, the appropriate remedy available to the Bondholders would be to instruct MTB to pursue the breach of the 2013 Settlement Agreement for the payment of RM17 million with Hoe Leong Corporation Ltd ("HLCL"), Setinggi Holdings Limited ("Setinggi") and /or HLCL's nominees and the remaining divident payment stipulated in the 2013 Settlement Agreement with Semua International Sdn Bhd. The Company takes the position that all of SRB's obligations under the 2013 Settlement Agreement has been fulfilled and any recourse or recovery sought by the Bondholders should be claimed from HLCL, Setinggi and/or HLCL's nominees, for the breach of the HLCL's obligations.

If my understanding is not wrong...

1. SRB don't has to pay.

2. Bondholders have to get or try it from Hoe Leong, and others first.

3. If bondholders still do not manage to get from Hoe Leong, and others.

4. http://www.bursamalaysia.com/market/listed-companies/company-announcements/5309693

"Markmore Sdn Bhd is also committed to satisfy the debts of which Semua Shipping Sdn Bhd" ...

mean bondholders, don't worry, we will pay after you try your luck with Hoe Leong, and others.

Saudi Arabia cuts oil output to lowest in 2 years, pledges more reductions
Reuters | Published — Thursday 12 January 2017

ABU DHABI: Saudi Arabia has cut oil output to its lowest in almost two years, Energy Minister Khalid Al-Falih said on Thursday, as the world’s largest oil exporter leads OPEC’s drive to eradicate a global glut and prop up prices.
Al-Falih said output had fallen below 10 million barrels per day — more than it had promised as part of a global output cut deal between OPEC and non-OPEC producers.
Al-Falih, speaking at the Atlantic Council Global Energy Forum in Abu Dhabi, said output was “not significantly below” 10 million bpd currently and the Kingdom planned to make even deeper cuts in February.
This means Saudi Arabia has cut oil production by more than the 486,000 bpd it agreed to late last year under a global deal to curb production and stem a fall in oil prices.
...
http://www.arabnews.com/node/1037886/business-economy

Leoleo, last. don't get stuck when using Ichimoku. Additional tools are good for you.

Good night and trade wisely.

Leoleo, peak and bottom. both are critical. When surfing the waves, get in early, not when wave is half way or ending. That is the problem with Ichimoku. Only riding. I like early entry and early exit before I get screwed.

@derrickinvestor, I bought and bought at lower than 0.08 already until my remisier say, "WTF are you doing!"

@derrickinvestor, Not only Sumatec, lots of counters to monitor. I like Sumatec forum for one reason. Lots of good long term people here that were stuck since 2014. I am also got stuck in this manure hole, at least we can shares the smell.

Others counters I monitor, some are major green, some are just minor green or red, only 2 major red(Sumatec and KNM).

Leoleo, when price movement beginning to turn bull or bear, Ichimoku does not give you the early warning... you have to wait. Bollinger Band, Elliot wave, and Stochastic are you early warning systems.

Leoleo, I had seen it and know how to used, which I am using it daily, and weekly.
Since you are in the Ichimoku, please overlay it with Bollinger Band, Elliot wave, and Stochatic.
Better picture.

yes, ichimoku. Do not, DON'T just depend on one. Some indicators or oscillators are good for turning into bull, some check the bear.

Even I don't invest in other counter, such as Hibiscus or ifcamsc, I tuning and train my skill to see when the start and end ... another word of saying, "oh sh!t, it really when up" or "oh sh!t, it really when down" or "I should have .... bought or sold when xxxxx"

Aiyo Ah Leo, eh! Once this manure reach its peak, then bear, lah.! I am waiting for the mama bear head which is still hiding. Only teddy bear cannot scare the bull. Aiya, you really need to relax yourself. Geez!

@derrickinvestor, I am using Hibiscus as an example of the Technical Chart Analysis. And yes, I am monitoring on it and I don't invest any share. Day in and day out, I am too busy with my work. Now, I am busy body in the forum. ;)

@Leoleo,

Technical Chart Analysis is not just a guidance. It may save your ass provided you know how.

As for HIBISCUS, are you sure that there is not major correction? If you know how count the wave, currently it is on extended 3rd wave. If you are in it, please do be careful unless you like to get pissed at yourself like, "I should had sold it when it was at xxxx price"

Just invest wisely and you must know your level of greed where you need to put a stop to it.

Let you know, initially I was on Chart Analysis and the share price went up. I was so confident that "sky is not the limit" and ignored the Chart Analysis early warning. Guess what? I am stuck with the manure hole.

Now, I am monitoring the next wave. If it moves, I am more waiting for major bear turn than the bull. The bull is already started its 1st wave. I collected enough of any value below 0.08 already. I am not worry about the current price.

Current 2nd wave maybe going into complex wave or side way for a while.

Have a good evening folks.

"Leoleo Technical is jus a guidance la...if the boss want to push...APA chart pun can . You see hibisc..no major correction all this while"
12/01/2017 15:23

Dear HYG the commenter, please scroll back today and last few days comments. From there, TP was and wasn't there. Remember the big word, "IF"

If you have the time, do learn Technical Analysis such as Bollinger Band, Fibonacci, and etc. From those knowledge, you can easily calculate the "headache". Oops! the TP or target price.

Plus, read the news carefully. Don't jump into conclusion.

Have a good day.

Outlook 2017: India's oil demand growth rate to eclipse China's yet again

Singapore (Platts)--12 Jan 2017 1205 am EST/505 GMT

Demonetization impact on oil demand to be short-lived
LPG and transport fuels demand to rise
New petrochemical projects a boon for naphtha demand


The dramatic rise in India's oil demand shows no signs of faltering, leading analysts to say that the country will remain a driver of Asian growth in 2017.

Consumption is expected to rise 7-8% this year, outpacing China's demand growth for the third consecutive year.

The cash crunch following New Delhi's move in early November to demonetize more than 80% of its currency is expected to temporarily dampen the country's appetite for oil products in the first quarter, or maybe a little longer.

But gains in oil demand that the country is set to achieve from the "Make in India" initiative -- which aims to raise the share of manufacturing in GDP over the next few years -- will more than offset the negative effects of demonetization, analysts said.

The government's clean fuel drive, sharp anticipated growth in transport demand and air travel, and the country's insatiable growth for petrochemicals will act as a boon for gasoline, jet fuel, LPG and naphtha, helping oil products to post close to double-digit growth in 2017 -- similar to that seen last year -- if not higher.

"For the third year in a row, India's oil demand growth will outpace China's demand growth," Platts Analytics said in a note, adding that it was expected to grow at about 7% to 4.13 million b/d in 2017, compared with 3% in Chinese oil demand to 11.5 million b/d.

India's demand for oil products in November rose 12% year on year to 16.6 million mt, or 4.35 million b/d, data from the Petroleum Planning and Analysis Cell showed.

http://www.platts.com/latest-news/oil/singapore/outlook-2017-indias-oil-demand-growth-rate-to-27748998

Iraqi oil min says next week they will cut another 40k and they want an oil price of $65

IRAQ OIL MINISTER: NOT SATISFIED WITH CURRENT OIL PRICES, WE WANT OIL PRICE OF $65 A BARREL

http://oilprice.com/Energy/Energy-General/Shale-Break-Even-Level-Could-Rise-10-In-2017.html

some article to digest for today.

@bro ozzie75. Hope you know the meaning "push and dump". Please be careful.

When telling people to buy or sell. Please provide with facts, logic, fundamental analysis, or technical analysis to support it. After giving the information, nobody will blame you when the share price goes against it.

If I can predict the market price, I will not hang around here to chit chat.

Have a safe trading and always invest wisely. Don't trust anyone especially this No Man Land.

Have a good morning and I am out to collect payments due.

@bro strategiist. Hope you know the meaning "push and dump". Please be careful.

Dear buyers,
If you cannot decide to buy at the price of 0.085, please jump in and buy when price is 0.090 or 0.095.

If you still cannot decide to buy again when price is at 0.090 range, the 0.100 to 0.135 is still good before 0.140 or 0.200 range.

If you still cannot decide to buy, please don't talk cock in this forum.

Just woke up and my body is killing me.
Good morning folks!

Guys and gals, based on that good or bad news released on 09/01/2017,
RI, RI, RI of 0.140, that the target price. To have investors to subscribe, market price must, I mean MUST be around near 0.20 to 0.22.
If not, why should subscribe where I can get the below RI price now which is 0.080

Think about it and digest it carefully.

Just how my brain sometime tell me that I having a nut case where I only slept for 3.5 hours in 2 days.

Good night and hope I won't have to wake up past noon tomorrow. ;)

p/s When to sell? If you still want to ask this question, God helps me.

Currently it is a 2nd wave form. Good possibility sideway for a while due to strong support.
If the 2nd ended, 3rd will be a stronger wave because of the 2nd wave's support.

2 days from now, we will know whether yesterday buyers are holding for the 3rd wave.
If they hold, that is another topic.

Just a humble opinion.

Have a good evening and relax. It is just an investment.

http://www.economiccalendar.com/2017/01/10/crude-oil-prices-tumble-amid-rising-production-short-term-fundamentals-are-strong/

http://www.marketwatch.com/story/the-trump-oil-trade-and-why-oil-might-soon-reach-100-again-2017-01-09

... and another observation and opinion. If the news was damned bad, those buyers that support at 0.080 and 0.085, even the 0.075 would had opened the gate and let it dropped to 0.070 or 0.060, or even lower. ;)

The 0.06 is possible. I have my doubt. The supports level are just too strong for the sellers to push to 0.06. Why? Those who hold or bought at lower than 0.06/0.07, possible already clear up their inventory at 0.090 and 0.095.

Today buyers were very aggressive on buying whenever sellers were throwing at them. Very strong support at 0.080 and especially 0.085. This 0.085 price was very interesting where someone was buying like nobody business! Very aggressive buyer(s).

Just my observation and opinion.

@tronx,
Mr. Roy's target price of 0.060 is possible. The price is achievable if based on Fibonacci and Elliot wave calculation, on technical analysis point of view. But, the way he conveyed the target price of 0.060 was not appropriate and may had "pissed" others.

There are time, it is good to write a proper message to information investors or traders of why 0.060 is the target instead of just shooting.

Just my humble opinion.

@strategisst, no problem, bro.

Thank you for that humble opinion. Very much appreciated.

@strategiist, are you referring VIS? If so, I missed it. Damn busy with my work.
Appreciated it.

@strategisst. you really lost me. This or other counter! Possible the weather is hot. My brain can't seem to function properly.

If buying SRB, no problem.

Please refresh.

Old folks here never have the problem when the price is down or up. Why? We are already wised.