The prospect going forward is bright if the deals really goes through but the main worries is the debt consolidation that hinder the investors participation. We do not know how much stock consolidation will take place and secondly, the right issue is huge quantum in proportion to the share consolidated. Pricing of the right's is another hanging question too. The HOA (Head of agreement is not tentatively will go thru and poise risk to the whole deal). If aborted, the stock will spiral down back to the level it was before uptrend.
How about write about Glotec that going forward in few months time start to commercialise CBM gas to Petamina in Indonesia rather than Sumatec with so called HOA (which can be terminated or lapse after a certain period of time).
great, I all in for U = fatwealth to get out of Sumatec. Don't call people to buy. I sacrifice myself by buying all Sumatec for fatwealth to get out of Sumatec.
fatwealth, u don't be a cry mother & cry father here again. Laugh
Post a Comment
People who like this
New Topic
You should check in on some of those fields below.
Title
Category
Comment
Confirmation
Click Confirm to delete this Forum Thread and all the associated comments.
Report Abuse
Please Sign In to report this post as abuse.
Market Buzz
No result.
Featured Posts
MQ Trader
Introducing MY's First IPO Fund for Sophisticated Investors!
MQ Chat
New Update. Discover investment communities that resonate with your ideas
MQ Trader
M & A Value Partners IPO Equity Fund has been launched - Targeted 13% Return p.a
Latest Videos
0:17
New IPO: TMK Chemical Bhd, a provider of total chemical management of inorganic chemicals aims to list on the Main Market!
MQ Trader 105 views | 21 h ago
0:17
New IPO: A fertilizer formulating and blending company, Cropmate Berhad aims to list on the ACE Market!
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
slts
2,236 posts
Posted by slts > 2017-11-10 13:19 | Report Abuse
going bankrupt soon
how can u call it undervalue