"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!" Who approved billions of shares to be traded? Why only now, authorities seem to have realized these loophole? Genuine investors are absent only gamblers a plenty. Majority of these billions of shares are politically connected.
Leoleo Perisai given regularization planning time from October 2016 to December 2019. Sumatec regularization planning started in April 2018. It is normal to give drlg. companies sufficient time to pick up after the oil slump. Exploration takes time. But salary has to be reduced for sure.
very likely bursa will make a decision to delist sumatec. main reason...failed accou3nting system big time!! read the previous 2 qr. Sumatec not serious and not even bother to provide good accounting report.
very likely bursa will make a decision to delist sumatec. main reason...failed accou3nting system big time!! read the previous 2 qr. Sumatec not serious and not even bother to provide good accounting report.
Yeah, yeah, yeah. REV=0 for two consecutive Q. What's the mgmt doing: Still collecting salary -gagi buta? Earlier someone said 400m been misappropriated, why BURSA never picked up?
True, it is good news for all O&G companies. However Sumatec does not seem to have much reaction to such news as seen the previous occasions. It is still the Mgt issue and volume of oil extracted.
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....
DreamCruiser
1,091 posts
Posted by DreamCruiser > 2019-04-18 15:00 | Report Abuse
Waaah, sudah naik 1.5 kah. Kaya gaw gaw la Polycarp, ini maciam.