SUMATEC RESOURCES BHD

KLSE (MYR): SUMATEC (1201)

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Last Price

0.005

Today's Change

0.00 (0.00%)

Day's Change

0.00 - 0.00

Trading Volume

0


143 people like this.

154,731 comment(s). Last comment by Sanatan 2024-07-04 16:20

aris743

726 posts

Posted by aris743 > 2019-04-12 07:30 | Report Abuse

today 1c again

polycarp

1,991 posts

Posted by polycarp > 2019-04-12 08:05 | Report Abuse

aris743 the three stooges told
you that?

DickyMe

14,887 posts

Posted by DickyMe > 2019-04-12 09:31 | Report Abuse

Good morning, polycarp.

Leoleo

5,532 posts

Posted by Leoleo > 2019-04-12 09:38 | Report Abuse

brent can go above 80 this time ?

DickyMe

14,887 posts

Posted by DickyMe > 2019-04-12 09:50 | Report Abuse

Brent, impossible to reach $80. In fact, it should be traded with care because sudden drop is imminent. Probable max is around $76

Posted by zenbeginner > 2019-04-12 10:24 | Report Abuse

suddenly no more momentum.....after 1 day show.....

king36

1,022 posts

Posted by king36 > 2019-04-12 10:50 | Report Abuse

Posted by Leoleo > Apr 12, 2019 10:39 AM | Report Abuse

like that sumatec need to get petronas in to korek oil well la...

no fund to dev oil field, better ask people to jointly dev la..

Agreed. I remember one Chinese guy put some $$ into this stock. Why not ask him to increase his share and breath some life into this stock.

Sitting back and letting the company rots just show how poor the mgmt in this company is. They have no initiate to kick some live into it to get the company moving.

Posted by zenbeginner > 2019-04-12 14:14 | Report Abuse

Not Teo Nah Seng?

polycarp

1,991 posts

Posted by polycarp > 2019-04-12 15:03 | Report Abuse

Ah Seng banyak suit. Must be him

Posted by zenbeginner > 2019-04-12 15:11 | Report Abuse

sigh...chua kah, daim kah, M children kah, Petronas kah, Hassan kah,...all these backroom deals ....cipat-cipat settled loh...

DreamSorcerer

1,145 posts

Posted by DreamSorcerer > 2019-04-12 15:53 |

Post removed.Why?

DreamSorcerer

1,145 posts

Posted by DreamSorcerer > 2019-04-12 15:57 |

Post removed.Why?

anticonman

533 posts

Posted by anticonman > 2019-04-12 20:48 | Report Abuse

What proposals got announced? Semua tipu punya. 0 sales, PN17 and HS sell 0.005 sen is real news.

Posted by Crash123456buil > 2019-04-15 09:31 | Report Abuse

Halim Saad buy back Sumatec 0.02

cashflow

3,642 posts

Posted by cashflow > 2019-04-15 11:27 | Report Abuse

Let us see if Sumatec has guns to go back 0.05

Jaden

5,931 posts

Posted by Jaden > 2019-04-15 12:37 | Report Abuse

Possible

Jaden

5,931 posts

Posted by Jaden > 2019-04-15 12:38 | Report Abuse

..then 0 cent

Posted by zenbeginner > 2019-04-15 15:13 | Report Abuse

Another 15 days to go before end April...proposal talak lagi.....haha....

Posted by zenbeginner > 2019-04-15 15:15 | Report Abuse

anticonman What proposals got announced? Semua tipu punya. 0 sales, PN17 and HS sell 0.005 sen is real news.
12/04/2019 8:48 PM

Unless someone here who knows the insiders and can advise if any plan at all......haha...

king36

1,022 posts

Posted by king36 > 2019-04-15 20:35 | Report Abuse

Leoleo http://www.mystock118.com/2018/01/11/sumatec-sees-rakushechnoye-oil-ou...

This was 2018 news! Now its April 2019. Last two quarters 0 REV! Why???
What has happened to the Mgmt?
-NPM, -EPS, -PE, mired in debt......
Why?

Buy1sell2

2,345 posts

Posted by Buy1sell2 > 2019-04-15 23:18 | Report Abuse

Got chance... dead fish come alive?

Darth_

96 posts

Posted by Darth_ > 2019-04-16 03:11 | Report Abuse

So many kaki judis here wakaka.

YgAriff

108 posts

Posted by YgAriff > 2019-04-16 11:38 | Report Abuse

I thought Halim Saad also waa dumping this shares sometime ago in the open market, not a good sign. But to be fair, I haven't read the latest news on him or Sumatec.

polycarp

1,991 posts

Posted by polycarp > 2019-04-16 12:06 | Report Abuse

I hope you have already figure this
one out. Out from the bad comes
the good. So it is all good in the end!!

Posted by Awangtoklah > 2019-04-16 22:30 | Report Abuse

50 cent on the way... Hahaha

Posted by AiOne Corner > 2019-04-17 08:12 | Report Abuse

Yeah .. Nothing is impossible here .. Cheer ... :)

Sanatan

659 posts

Posted by Sanatan > 2019-04-17 10:10 | Report Abuse

Back into active zone.

Jaden

5,931 posts

Posted by Jaden > 2019-04-17 12:07 | Report Abuse

Very very very dangerous..

Posted by zenbeginner > 2019-04-17 12:36 | Report Abuse

hmm.....my coffee is brewing, is 1201?

Jaden

5,931 posts

Posted by Jaden > 2019-04-17 14:44 | Report Abuse

They won't announce now.. after sapu 90% share onli
Now announce bankrupt .. hahaha

Posted by zenbeginner > 2019-04-17 15:11 | Report Abuse

......

Jaden Very very very dangerous..
17/04/2019 12:07 PM


Can define what is dangerous here, kah?......

Jaden

5,931 posts

Posted by Jaden > 2019-04-17 15:32 | Report Abuse

Agree.. bankrupt pockets koyak lo

Jaden

5,931 posts

Posted by Jaden > 2019-04-17 15:33 | Report Abuse

No bankrupt I go Thailand makan angin .. karaoke & yum seng with 3 amoi there

Posted by zenbeginner > 2019-04-17 15:35 | Report Abuse

But Jaden say sapu 90% mah.... if want to bankrupt, why the buying now?

Posted by Crash123456buil > 2019-04-17 17:58 | Report Abuse

Halim come bck.. Tmr 0.05

j450n

450 posts

Posted by j450n > 2019-04-17 17:59 | Report Abuse

halim come back sure koyak

Leempeh

290 posts

Posted by Leempeh > 2019-04-17 22:29 | Report Abuse

BEWARE: BURSA MALAYSIA SCAM ALERT! YOU ARE BEING SCAMMED!

Ever wondered why this counter that you’ve invested your hard-earned money in, can NEVER MOVE, come hell or high water?

The reason is simple. It is under the control of a bottom-feeding shark cartel. They cleverly create half a million to one million in a fake queue to entice buyers to buy. In Sumatec’s case they place a huge buy order of 3.5M lots at 0.005 cents. That works out to 350M shares amounting to RM1.75M! That block is too big for the ordinary investor to buy up and they know it and that, in a nutshell, is their modus operandi.That’s the reason why the shares won’t move for as long as they have control.

They are actually Ikan billis sharks. They target penny stocks and cos in distress for they know that the owners are as hapless as the rest of us. Their modus operandi is what I would call a straddle-control scam and it works as follows. They pool together a relatively small sum of say, RM5M. They proceed to buy up penny stocks or distressed co shares all the way from the bottom to the relative top (won’t be very high as the co is in distress). Then they place half to RM1M worth of buy orders at the bottom price (called the bottom fake queue)

In PHB’s case, they place a fake buyer’s queue to buy at 0.020. That block of 483,430 lots equals roughly 50 million shares (probably the original fake queue) amounting to RM1M! In TDM’s case, they hide themselves in the second tier queueing to buy at 0.17. That block of 37,518 lots equals 3.7518M shares amounting to RM1/2M! With Daya and Netx’s case, they create a fake buyer’s queue of 1M lots each to buy at 0.01 cents. That block of 1M lots equals 100M shares amounting to RM1M!

These Ikan billis sharks are actually bottom feeders. Normally in a free and honest market, with such a massive buy order, it’s inevitable that the sell (ask) order would be executed/taken by someone. But they don’t. These bottom feeder sharks will ensure that the price of the stock will NEVER rise and they’re happy to make as little as half cent per share. Multiply that half cent with the billions of shares issued by these penny stocks plus the number of daily transactions over the years and these scammers have reaped hundreds of millions and perhaps, billions, from poor investors! Notice that their buy order of 1M lots remain static, come hell or high water. If genuine buyers chase the stock higher, they’re happy to sell at the higher price. They then send their agents to these forums to talk down the stock. Next, they gently let the price fall towards the level of their bottom fake queue so that first, the contra players are forced to sell at that bottom price and later the long holders who eventually give up as the price keeps falling despite the millions of buy orders (the bottom fake queue)!

Their objective is to create a situation where they frustrate the hell out of buyers until these buyers sell to them eventually at that bottom price and they’ve profited from the price difference as the seller (previously buyer) bought it from them at a higher price, plus they get to buy back the stock at the rock bottom price that these sharks have parked their fake queues!

Angry? Here’s what you can do. First, don’t EVER sell your shares and help the scammers succeed with their scam. They are going to jail and the counter will finally be subject to free market forces! Those of you with contacts in the mass media or Politicians or the Commercial Crimes Division of PDRM or MACC or Bursa Malaysia or the Companies Commission of Malaysia, pl contact them and lodge a complaint/report with them.
Whatever the case, those of you who’ve been hurt by the actions of these sharks can file a complaint with ALL of the above agencies. The more people filing complaints and reports with these agencies the better! Having done that, you should then write to the AG’s Chambers pressing for prosecution and circulate this plus ALL your complaints/reports in your WhatsApp chat groups and other social media. We will not be silenced.

Let’s free and clean the counters AND Bursa Malaysia from these sort of dishonest manipulation. Many people invest their hard earned money, hoping to make a small profit not expecting to be scammed like this! We expect and deserve a free market, free from all manipulation! If any of the Company Directors or officials in Bursa Malaysia are involved in this scam, they deserve to be taken away in handcuffs too! If this post is removed, or I’m blacklisted, I’ll lodge a police report against the forum administrators too for it suggest that they’re trying to protect the syndicate/sharks. The rest of you people pl save this post right NOW and repost and keep reposting in EVERY FORUM if this post is deleted. Also copy this right now before it’s deleted and post in ALL your WhatsApp chat groups and other social media. A lot of scammers are going to be taken away in handcuffs!

We can’t be silenced.

Posted by (2.6m shares buyback April ) Philip > 2019-04-17 22:43 | Report Abuse

Here is a better way to do it. Just stop investing in penny stocks. Much easier. There are many companies out there which can be bought that are serious in growing their business prospects and rewarding their minority shareholders.

Leempeh

290 posts

Posted by Leempeh > 2019-04-17 23:13 | Report Abuse

Pl take screenshots of the Bursa quotations for this counter NOW, especially the aforementioned fake buyers’ queue to preserve the evidence!

Leempeh

290 posts

Posted by Leempeh > 2019-04-17 23:15 | Report Abuse

The trouble was I bought into a palm oil counter TDM, a dividend stock. Yet these bottom feeder sharks have perpetuated this scam by using this MO to corner that counter!

Destiny88

114 posts

Posted by Destiny88 > 2019-04-18 07:00 | Report Abuse

https://klse.i3investor.com/m/blog/www.eaglevisioninvest.com/202714.js...

Skip hibiscus. Production affected.

Buy Olympia better choice

Now positive news will be
1) 1400 acre land at Jelebu which ECRL reroute

2) NTA 39c which is also net cash company , healthy balance sheet.

3) Dutaland owe Olympia 47m which is 5c EPS

4) Tan Sri Lim Kok Thay is top 7 shareholder and lim pei tiam top 12 shareholder which they acquired around 2013-2014 with avg price of above 20c

azm8881

58 posts

Posted by azm8881 > 2019-04-18 07:07 | Report Abuse

Forensic into the buy order queue records can easily find these manipulators. Leempeh, a report of yours to Bkt Aman, Commercial Crime may change the situation.

DreamCruiser

1,091 posts

Posted by DreamCruiser > 2019-04-18 11:58 | Report Abuse

yah gah

polycarp

1,991 posts

Posted by polycarp > 2019-04-18 12:30 | Report Abuse

You shd know I have music in.my
ears. It sings to me

DreamCruiser

1,091 posts

Posted by DreamCruiser > 2019-04-18 14:44 | Report Abuse

There is one sound that simply beats everything else

Leoleo

5,532 posts

Posted by Leoleo > 2019-04-18 14:46 | Report Abuse

tongkarat sound right ?

DreamCruiser

1,091 posts

Posted by DreamCruiser > 2019-04-18 14:46 | Report Abuse

And it can also quite often be quite confusing

DreamCruiser

1,091 posts

Posted by DreamCruiser > 2019-04-18 14:47 | Report Abuse

Nope. Try harder.

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