SUMATEC rose 2 sen yesterday to close at 30 sen, amid news that company is expected to start work on the Rakuscheknoye O&G field by mid-January 2014. Consequently, the share price has now confirmed a bullish “Morning Doji” candlestick pattern, potentially heralding the start of a rebound. While the MACD and RSI indicators have yet to reflect a shift in momentum (from bearish to bullish), we note that the Stochastic oscillator has begun to hook up. This indicates that an upcycle is already in the making, and as such we anticipate the share price to extend its gains towards 37 sen (R1) next.

Source: Kenanga

http://www.bursamalaysia.com/market/listed-companies/company-announcements/1480305
still in PN17

http://www.theedgemalaysia.com/highlights/266073-hot-stock-sumatec-rises-7-after-go-ahead-for-rakuscheknoye-oag-field.html

The company's performance improved in recent months due to New subsidiary "Oriental Fastech a Penang based engineering company" been injected into the company (ie backdoor listing). The new shareholder now is founder of Oriental and recently another Dato from Penang also acquired a major stake (~20%) in the company. I think performance wise this company is doing a OK job but I buy in to this company is in view of possible major announcement by the company..... still try to get some inside of what will the new management do in near to mid term.

Not very active... Seeker how long has u been following this counter?

iQBE189 its from the company's announcement dated 25/10

Anyone can gv an opinion on this? Is he going to sell before announcement of 3rd Q result?

In compliance with Paragraph 14.08(a) of the ACE Market Listing Requirements of Bursa, KARYON having received a notification on 25 October 2013, from Mr Loh Chen Yook, Chairman and Non-Independent Non-Executive Director of the Company, giving notice that he and his connected persons intend to deal in KARYON's securities during the closed period pending the announcement of KARYON's 3rd Quarter Financial Results for the period ended 30 September 2013. Mr Loh Chen Yook's current shareholding in KARYON is as follows:

Ordinary Shares

No. of shares
Percentage %
Direct
31,018,557
8.15
Deemed Interest
23,540,680
6.19

anyone attended the EGM?

anyway let go all at 0.91 tired of the waiting game lol cash out to have a starbucks & relax

why suddenly jump to 0.92?

19 NOVEMBER 2013 10:25AM
Malaysia Equities - Instacom Group (INST MK, FV: MYR0.29) – Turning Cautious

Instacom Group (INST MK, FV: MYR0.29) – Turning Cautious NEUTRAL (Downgrade)
Company Update


We are adopting a cautious view on Instacom and its outlook going forward, given that two of its major shareholders have been paring
down their interests in the company. With its opaque business visibility and to lean towards a more conservative view, we cut our FY13/FY14 forecasts by 14%/29%. We downgrade the stock to NEUTRAL (from Buy) with a new FV of MYR0.29 (from MYR0.51),
based on 10x FY14F P/E.


Analyst: Chan Jit Hoong +603-9207 7686
Related story: Initiation Report – Moving Up The Ranks (30 Sept 2013)

Today news is ecoworkd interested in focal. Any opinion on how it will affect salcon?

anyone have any idea bout SCICOM?

Need to take a rest la...

Salcon may resume its climb after holding above the 50-day MAV line. A purchase can be made if the stock closes above MYR0.635, with a close below MYR0.62 as a stop-loss. The price target is the MYR0.75 mark, if the resistance at MYR0.70 is broken. From RHB Research dated 18/07/2013

Thanks matrix...I almost fall asleep monitoring this counter.but still hope it can break rm5. Lol

Bro mc sure boh...next week is a short week 2.5 days only

Look like Sarawak start their raya holiday early. No volume no support

what happened today?

Ranhill license reinstatement is only to certain project only.

Pls send me a copy ya...thanks my email add. sstan11@gmail.com

Thanks BC

Bc u from Sarawak? Where u got this news? We know that Naim is looking to dispose its shares just wondering why they din try to keep the price as high as possible before they dispose it...

Mc r u sure? Worldwide market dropping...ppl r either taking profit or panic selling...wait for the market to stabilize la...

http://biz.thestar.com.my/news/story.asp?file=/2013/6/13/business/20130613152641&sec=business

any update on its AGM?

PM is going to announce some incentive for o & g sector today with Dayang order high book todate I just wonder how much The investment community will factor in all this into dayang share price

BC the agm agenda didn't have Any special issue to be table from what I can see from the notice only plus point will be share buy back n there r no special dividend also...it will be a difficult day agin....

Nicole76 y?

What the diagram tell us? Pls elebralate.

Feb is going to hv a meeting next week...only time will tell

Market is very volatile.. Ppl r taking this as excuse to take profit. So far din see any major shareholder disposing dayang share. It might be a good sign...selling pressure may come from short term investor or speculator who looking for short term gain...by now they might not hv much to dispose already

Coming agm with propose share buy back anyone got new on this proposal? Price movement seen to be downward trend with low volume.

I also think so...but dayang volume was not great recently still holding on...

Alfred what does this mean? Read this news yesterday....

Mcbaomc any good stock to recommend ur gob is doing well

Holding buy on weakness...

New director appointed.. Hope there will be more good news

But if they can develop it land bank at Penang than it will turnaround the company,,, that's still a Big if cos the management team still the same...

For long term it should be ok...the contract on hand will keep them busy for 5 years...

Bro be careful http://cforum.cari.com.my/forum.php?mod=viewthread&tid=3010167 look at it.

Actually what is this company core biz?

The stock might not fly so soon... But it has huge development at n.sembilan located bout few km from s2, concept is good price lower than s2 this project will keep them busy for few years but I m not sure bout it other land bank...

Iafx : do agreed with u on the increased in long term borrowing n weak dividend but its od also reduced from 5 mil to 900k. It cash flow seen ok as long as it project is selling. If someone can share some info on the company performance on going project and it future project at bt kawan would gv us a clearer picture on the company prospect

After the company last announcement on the letter of award I can't find the contract value. Anyone got any knowledge on what is the contract value? Or they r going to gv a separate announcement?

What news from cliq? R there going into any acquisition or jv?

Price already up this few days but if buy to keep for long term the current price look fair with it batu kawan land bank future is bright... Pe is lower than tambun ESP is almost similar tambun is already 1plus

Debt n cash flow seen good

All the best to those who holding on....property counter but what is their on going project?