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2014-12-11 18:47 | Report Abuse
halim s55. i only know tan sri still in buy more oil asset. more confident will put in sumatec. and the RI if notting wrong tomorrow will got news out.
2014-12-11 18:31 | Report Abuse
u orang sini takut apa? oil price nobody can contro. only thing sumatec still got profit or not? i tell u all still have. don worry. many insider waiting u all sell. if go 57 usd still got profit.
2014-12-04 17:11 | Report Abuse
Now have 8 well . 1500bbl per day.
2014-11-28 12:54 | Report Abuse
Ya. I true. Cost is usd 10 per barrel
2014-11-27 20:49 | Report Abuse
SUMMARY OF KEY FINANCIAL INFORMATION
30/09/2014
INDIVIDUAL PERIOD
CUMULATIVE PERIOD
CURRENT YEAR QUARTER
PRECEDING YEAR
CORRESPONDING
QUARTER
CURRENT YEAR TO DATE
PRECEDING YEAR
CORRESPONDING
PERIOD
30/09/2014
30/09/2013
30/09/2014
30/09/2013
$$'000
$$'000
$$'000
$$'000
1 Revenue
24,819
0
52,308
0
2 Profit/(loss) before tax
18,400
-3,332
30,488
-10,847
3 Profit/(loss) for the period
14,505
-8,665
26,477
-19,390
4 Profit/(loss) attributable to ordinary equity holders of the parent
14,476
-6,131
25,650
-15,302
5 Basic earnings/(loss) per share (Subunit)
0.46
-2.81
0.83
-7.01
6 Proposed/Declared dividend per share (Subunit)
0.00
0.00
0.00
0.00
AS AT END OF CURRENT QUARTER
AS AT PRECEDING FINANCIAL YEAR END
7
Net assets per share attributable to ordinary equity holders of the parent ($$)
0.1850
0.1380
Definition of Subunit:
In a currency system, there is usually a main unit (base) and subunit that is a fraction amount of the main unit.
2014-11-23 12:28 | Report Abuse
halims55 sell all... next week down again.
2014-11-22 14:33 | Report Abuse
halim s55 i no know next week is up or down.. i only believe on this company and now the share price is resonable.
2014-11-22 13:11 | Report Abuse
profit low only.. business man never do loss business. if upsteam oil counter can not survice . i think no more counter can invest anymore. whole market will have got bit problem.
2014-11-22 12:53 | Report Abuse
now i have 6000 lot . average 0.4++. every drop 20% i will buy in again. monday i will buy in again 1000lot. actually u all here no need too worry about this company. they really got do work and business. future will add in more oil field. after 1 year no this price anymore.
2014-11-22 12:36 | Report Abuse
buy in buy in buy in all u can.
2014-07-22 11:16 | Report Abuse
Don dream. This round habis Liao. Wait after 2 month just buy back.
2014-07-14 00:07 | Report Abuse
tan sri want u all money. haha...
2014-07-14 00:06 | Report Abuse
stonenut i will sell 20000 lot tomorrow. this is half of my total sumatec share.
2014-06-23 22:03 | Report Abuse
he is ppl who alway thow tiket to flow market.
2014-06-23 21:40 | Report Abuse
chen yok peng coming out again tomorrow.
2014-06-23 20:59 | Report Abuse
Press Release for Sumatec Resources Berhad
23 June, 2014
SUMATEC RESOURCES BERHAD
UPDATE IN CERTIFIED RESERVES AT THE RAKUSHECHNOYE FIELD
Sumatec Resources Berhad (Sumatec), the independent oil and gas production company focused on proven assets in Central Asia conducted a reserves update along with technical evaluation of the Rakushechnoye oil and gas field in Kazakhstan, based on updated production, stratigraphic log data and gas field development agreements.
Sumatec completed its restructuring process late last year, in which the company invested 95M USD into the Rakushechnoye Field and signed a gas development agreement with Markmore Energy (Labuan) Sdn Bhd on the 10th December 2013 to develop and commercialise the gas from the field.
Since taking over the operations of the field, Sumatec has started its workover program to ramp up the production to 2000 bbls per day by end of 2014. Sumatec also reviewed all of the stratigraphic log data and recent production data with SRK Consulting (Australasia) Pty Ltd (SRK) to update the February 2013 reserves report.
SRK independently verified the technical evaluation and prepared a reserves update in May 2014 in accordance with 2007 petroleum Resources Management System (SPE 2007) and guidelines for application of the Petroleum Resources Management System, November 2011 (SPE, 2011).
The updated reserves are based on the same northern structure as the previous report, with one adjacent exploration area in the south of the concession area. The updated reserves for oil and gas have both increased, with most notably the oil reserves increasing by more than 30% as shown below in the table.
Oil in MMBBLs SRK Report February 2013 Updated SRK Report May 2014 Update
1P 5.2 6.6 28% increase
2P 32.8 43.0 31% increase
3P 74.7 79.4 6% increase
Gas in BCF SRK Report February 2013 Updated SRK Report May 2014 Update
1C 103 Moved from Contingent to Proved, Probable & Possible
2C 535
3C 1542
1P 51
2P 578
3P 1430
As reported by Sumatec CEO, Mr Christopher Layton Dalton, “The increase in reserves is the first significant achievement for Sumatec with this asset. An additional 10 million barrels of oil is now available under 2P reserves to Sumatec (worth an estimated 175M USD* in net profit from oil sale) without paying any more than the initial 95M USD.”
This announcement is dated 23 June 2014.
*175M USD is based on 100USD per bbl Brent Price of Oil and 35USD per bbl net profit of which Sumatec is entitled to 50% of, after two million bbls of oil has been produced.
2014-03-25 11:10 | Report Abuse
Buy in call. Sumatec wa also can buy in
2014-01-17 00:57 | Report Abuse
Don worry everybody Monday got show!
2013-11-19 23:15 | Report Abuse
eric u price still low la... no need wait for few month la... before end of this year i will get profit...
2013-11-19 23:08 | Report Abuse
eric...now in hand hold many sumatec share?
2013-11-19 22:58 | Report Abuse
johnson if u got extra money , buy more...
2013-11-19 22:51 | Report Abuse
johnson tomorrow on what price also can buy...
2013-11-19 22:42 | Report Abuse
21 nov. will no time to let u all buy at low price..
2013-11-19 22:26 | Report Abuse
everybody tomorrow is last day to buy in....
2013-11-10 13:28 | Report Abuse
still low buy buy buy.....before end of this year u will see profit.
2013-09-22 14:03 | Report Abuse
last call every body...buy in early monday morning
2013-09-21 18:23 | Report Abuse
wait.............big shark will came
2013-09-15 11:43 | Report Abuse
got news or no news next week will know.
2013-09-13 12:41 | Report Abuse
Next week got good news. Everybody buy in buy in.
Stock: [SUMATEC]: SUMATEC RESOURCES BHD
2014-12-17 09:30 | Report Abuse
Mara