YK.....for those thinking bottom fishing....think again.....it's best to stay out.....
Cut what????? ...... 0.25 was my RI 2013 price ..... Back to square one.......

Bigmachine.......sorry brain injured today.........spoil my holiday in Bali .......
I thought since market bearish ...I go short & buy back almost everyday......sure my average oredi drop to 0.27 but price keep dropping......this "oil war" seems to be never ending.....affecting almost all oil related counters.......it's best to stay out....

Posted by Bigmachine > Nov 28, 2014 12:39 PM | Report Abuse
Kak Noraini, what is your take on this for your Sumatec possession?

Wah so many expert here give opinion....,don't know ,which one to follow....
80% person ppl are bullish....whereby 80% market are bearish.......so how????

:)

Nomanland......yeah having great time with family ...1 week holiday.....now still low season....so can get flight, hotels & shopping at bargain price.....like Suma lah.....

Fortunebullz......you're no match to dream hunter when comes to ladies. & clubbing....
Better stick to yr wifey.....her needs are small...only shopping...very easy to pacify.......
You got stamina meh??? to go thru the late nites clubbing .....Aiyo yr wifey will kill you if get caught.....hi hi hi......

YK......3QR 14m profit eh...... Good good for Suma......hope this news reacts differently from KNM oso made profit 3QR.....went up north gaining 2.5 sens then down back 2 sens yesterday & today down another 2 sens.......

Hope can celebrate @ TGIF Bali tomorrow....

At 0.27 Suma is below MA200....to be precise trading now @ MA500....super duper bearish......still thinking of buying to catch bottom???.....don't kid ourself.....wait for Suma to show some strength first....it has to beat 0.30 & stay above .....meanwhile I stay sideline & occasionally shorting........I recond nothing much will happen next couple of weeks .....unless miracle like fantastic 3QR, increase in crude oil ( if OPEC succeed in cutting oil production) or if HS decide to "goreng"........let's see.....

Good morning Ozzie,...
Suma still sleeping.......Muiind is stealing the show.......

Tks Ozzie.....

Greetings from Bali.......rebound? ....mmm....see if can close today 0.30 & above
Buy vol @ 0.30 16m & Sell vol 6.5 m........looking good....
Good luck everybody.......

YK.....how?...
If break 0.29 .....
Likely go to 0.28
Vol very thin....
How.?
Still hold with me?
Yr YK syndrome very infectious....
How?
Got cure?
Wait oil to rebound...
When?
Don't know.....

Suma forumers dah jadi sewel.........

Total Buy Vo.     2,503,600              Market Avg Price.       0.29160
Total Sell Vol.     15,396,100                Buy Rate.                       13.99 %
High Price.           0.300                          P/E Ratio.                     1.81
Low Price.            0.290                           EPS.                                0.162
Volume.               17,899,700                   NTA.                               0.146

0.30.    Vol buy   534k.           Vol sell  nil
0.295.                  1.35m.                          3.3m
0.290.                  610k.                             12m

You full of sheeeet......

Travolta......don't hope for any news or announcement....currently there's none.......
Suma does not owe us any explanation why price up or down.......we take care our own periuk nasi........

Who cares what you think or believe.....it my winning, my loses, my game plan.....you only know to criticize & put people down......acting like GOD....

Travolta......Still holding lah......but holding size getting expanded & now average sitting @ 0.305...........Everytime I shot I get to buy back more units with same capital.....

Just arrived this morning.......market still bearish...........

No demand this morning.......if break 0.29 next support 0.28.........

IAMAnon.......Tq for the nasty compliment........

YK ......why no hope.....I bot some 0.305 today.....steady my friend.....

Derrick......mana ada holiday ....on business trip lor.......holiday nanti after Xmas lah....
Hiding berdarah can stop ....market berdarah nobody can stop.....it takes time sooner or later will stop.....

Aiyo Looiks makes me feel hungry again..just had dinner......San Pedro eh? Will check it out.....but tomorrow leaving to NYC.......tks anyway....

IAMAnon......cool it man......you're intelligent person do not need anyone to tell you what to do.....I wish you well always.....

Ozzie....tks ...Now in LAX....stay cool....

When investing / trading ...Don't trust anybody & don't allow anyone or news, rumors influence yr judgments ......do own homework & understand fundamentals & technical of the stock we going to invest or oredi invested & never stop learning.......80% price action of the stock will tell us which direction (uptrend, down or sideways).....then decide......if unable to decide or do not know what to do - take a break from the market for few days......it works for me.....

Morning,.....Don't get emotions cotrol our brain......noticed that sentiment of Suma forumers follow the price ......remember market does not give hood to how we feel......it takes & give whenever it wants to......so when investing / trading we are always alone .......nobody can can force us ...be it buying, selling or hold, cut loss, take profit......

OTB ......I follow & understand how you feel..........just ignore them....mostly are "attention seekers" but lack knowledge to have their own blog.......only a few of them with several id to exhibit their existence........Loosers remain Loosers ....totally not in yr league........

YK......I've given so many hints before ......how to handle down trending stocks........
No need to panic........as long as Suma below MA50 / MA 200 I will shot.
My average 2 mths ago was 0.45.......everyday I shot & buy back ...make chicken feet money 0.005 everyday .....now my average 0.315.

Dont't be too happy to get 0.30........look what happen to THH, KNM, SKPETRO & ALAM
...all revisit 1year low price, made double, triple bottom.....instead reverse keep going down........

Tremendous Selling. Pressure
Total Buy Vol. 6,733,400. Market Avg Price. 0.30633
Total Sell Vol. 13,033,400. Buy Rate. 34.06 %

Cut losses evertyime when stocks drop 8% from yr purchase price.......& learn to take profit when stocks rise 20 - 25%........this way we'll preserve our capital.........
Suma had retraced almost 100%........ Cut loses now will only make you regret & if consider buying ....make sure you'll have fantastic holding power.......don't chicken out easily......

Any stocks which going thru right issues don't buy yet......wait till finalization of RI price....then make decision to buy or not ....depend on yr believe whether the stock worth yr money to invest.........I believe in KNM as had made good gains.......follow EPF

Alamak just came back from work.....saw Suma breach 0.31 & had gone low 0.305.
Once price on 0.30 ...yes double bottom......but don't be too excited to take this price.....previously price down to 0.30 due pullback & corrections.....but this time price down due new issues..."O&G issues".......need to see first the momentum or how great the demand for price @ 0.30...for reversal to happen.....take Skpetro as example.....made double bottom but instead of reversal it goes further down reaching 2 years low.......we don't need this do we?.....

Derrick.....refer to below posting made yesterday.
Hopefully demand for Suma will up again @ 0.30.....oil prices not stable....so Suma oso follow....I'm not recommending bottom fishing.....need constantly check the supply & demand level which is link to sentiment.......right now sentiment is very low ...so prices keep falling...... Today not doing anything....

Posted by Noraini Ismail > Nov 10, 2014 06:56 PM
Greetings from Tokyo....Suma again making low & lower low, being below MA20 I see potential of breaching 0.31 & heading towards major support 0.30 again......
All other indicators senget & do not look promising.........
At this stage no point talking " cut loss" but instead must have holding power to weather the "storm"

Fortunebulz ......oredi got 3 Lori full of Sumatec, been shorting since price 0.58.....
Made money but never expect to come to this low again........
How come you're so positive whereby chart shows bearish still......

Greetings from Tokyo....Suma again making low & lower low, being below MA20 I see potential of breaching 0.31 & heading towards major support 0.30 again......
All other indicators senget & do not look promising.........
At this stage no point talking " cut loss" but instead must have holding power to weather the "storm"

YK......if you want to cut .....shd have done so when Suma breached 0.40 a month ago......now hold lah no point cut loss .....you're too deep in the mud....try to stay alive....try to remember why you bot this stock....for long, mid or short or just speculating........

closing price @ 0.33 today .....Suma produce "spinning top" at bottom
....Give chance a couple of days to reverse.......I'm still holding......

As I said " trade what you see & not what you think " don't blame HS for what is happening......& don't blame the world .....now markets all over the world is bearish with low sentiment.....largely due to oil prices.....we know this.....we have to accept & move on by not blaming anybody.
Suma is in stiff competition when comes to " right issues are concern"
There are several companies also seeking funds from public thru right issues.
Off hand just to name a few are KNM, THH, AE HOLDING, & latest PDZ.
Public will back or take up right issues if they believe in the future plan of the company.
Does Suma has this?.....Suma has been branded as "pump and dump" stock. This is part of the reason - loss of confidence & now moving sideways. ......
public is turning attention to other fundamental stocks which at bargaining price right now like SKPetro, Armada.....

SJ ......no new position on Suma ......has been shorting & buy back .........making chicken feed money & testing my skill ......Suma has'nt show strength yet to weather bearish sentiment.........but taking new position & accumulating other counters like Gadang, Deleum, Armada & Skpetro, Symphony & Leweko.......

Total Buy Vol. 14,039,800. Market Avg Price. 0.33482
Total Sell Vol. 16,624,300. Buy Rate. 45.79 %
High Price. 0.340
Low Price. 0.330. Volume. 30,664,100

Trade what you see & not what you think.

Buy / Sell volume at 4.30 pm
0.330. Sell 700,000 Buy. Nil
0.335. Sell 15,493,000. Buy 13,871,000
0.340. Sell. Nil. Buy. 18,000
Buy rate. : 46.03%

Source from Cimb investment

Over supply but well absorbed........don't think can close green today.......

Closing @ 0.34.    Making another 'doji' - dragonfly doji
Possibility of closing higher price tomorrow.
(base on 3 months chart)
Suma is trading along MA 200  & sideways. (0.33 - 0.35)
Still bearish as price still below MA20
Nothing exciting as selling pressure is still at large.
Support. : 0.32.    &.  Resistance.  0.355

Total Buy Vol.             15,964,800          Market Avg Price.         0.33492
Total Sell Vol.             24,338,100           
Buy Rate.        39.61 %
High Price.       0.340
Low Price.       0.330                                  Volume.       40,302,900

its good to see that this forum is back on track....opinion on fundamental and technical analysis is way to go instead of personality bashing that I no longer tolerate. For the time being I choose to be passive forumer & reserve my comments.

SJ......alah dengan grandma pun nak rahsia...........he he he

Posted by SANG-JERO > Oct 17, 2014 04:58 PM | Report Abuse
grandma.........rahsia....he..he..he..
__________________________________________________________________
Noraini Ismail Sjero.......yesterday chart jadi reversal lah.......you got test buy or not?
I look see only.......

Sjero.......yesterday chart jadi reversal lah.......you got test buy or not?
I look see only.......

Posted by Noraini Ismail > Oct 16, 2014 05:28 PM | Report Abuse X
Closing @ 0.30 produce "inverted hammer" candlestick........oso double bottom (July) ....
Normally with this chart I'll be excited as indicating sign of reversal sign is appearing.....
But but but .......market is down trending, global O&G sectors oso in bad shape......
See lah ....how low some more Suma can go .......next support 0.28 ......revisiting May - July price..........hang on Suma supporters.........

Closing @ 0.30 produce "inverted hammer" candlestick........oso double bottom (July) ....
Normally with this chart I'll be excited as indicating sign of reversal sign is appearing.....
But but but .......market is down trending, global O&G sectors oso in bad shape......
See lah ....how low some more Suma can go .......next support 0.28 ......revisiting May - July price..........hang on Suma supporters.........

Investors .....buy & hold strategy .......duration years or decades....not bothered with dips & ups of market.......take advantage of perks like bonuses & stock split.....eventually investors will "ride out" the down trend & loses will eventually recovered.....

Traders .....buy low & sell high within short period of time (weeks or months) ......seeking 10 - 15% annual return. The reverse is also true: trading profits are made by selling at a higher price and buying to cover at a lower price (known as "selling short") to profit in falling markets.

Never average down.......it can be very costly. For traders it's best to cut loses while it is still small. How many times have you bought a stock, threw more money into it after it plunged, and then watched it continue sinking like the Titanic? You eventually threw up your hands and dumped the dog, shortly before the stock began to recover.

Source - investopedia

Which one are you? .....don't answer in this forum......answer to yrself only.....