GLOBALTEC FORMATION BERHAD

KLSE (MYR): GLOTEC (5220)

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Last Price

0.47

Today's Change

-0.02 (4.08%)

Day's Change

0.47 - 0.475

Trading Volume

90,800


27 people like this.

32,820 comment(s). Last comment by stan5617 2022-12-24 00:32

Josh Ong

449 posts

Posted by Josh Ong > 2017-02-20 11:29 | Report Abuse

susah la... kalau ayam tua tak dak di sini mungkin lo

CrapTree

4,356 posts

Posted by CrapTree > 2017-02-20 12:34 | Report Abuse

bad karma of the old cock.... kikikiiiii

DreamMarauder

1,094 posts

Posted by DreamMarauder > 2017-02-20 15:35 | Report Abuse

Itu CrapTree lor, yg bikin xia qi ... Tia nama pun PokokTaik ... Lg tia platik atik pinya nama PokokPonttot ...

AhSook AhKou

1,296 posts

Posted by AhSook AhKou > 2017-02-21 11:35 | Report Abuse

Volume too low n wonder why ??? Next Qtr due any minute ???

Posted by derrick8228 > 2017-02-22 17:55 | Report Abuse

ayam tua ...lagi pasti tuju langit? banyak pun tuju ke langit!!!

Posted by kelawargila > 2017-02-22 18:00 | Report Abuse

glotec got annoucement....

OTHERS GLOBALTEC FORMATION BERHAD (GFB) FOREIGN LISTED SUBSIDIARY, NUENERGY GAS LIMITED RECEIVES RESERVES CERTIFICATION FOR THE TANJUNG ENIM PILOT PRODUCTION PROGRAM

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5343421

Posted by Kai Shien Ks > 2017-02-22 18:02 | Report Abuse

about what?

Posted by kelawargila > 2017-02-22 18:12 | Report Abuse

On behalf of the Board of Directors of GFB, we hereby attach the announcement made by NuEnergy Gas Limited (“NGY”), a subsidiary of GFB which is listed on the Australian Securities Exchange, that NGY has received initial certification of reserves for its Tanjung Enim Pilot Production Program (“TEPPP”). Below are some salient extracts of the said announcement by NGY.

NGY group of companies (“NGY Group”) successfully embarked on the TEPPP by drilling 5 wells (TE-10, TE-11, TE-12, TE-13 and TE-14) and carrying out production tests in early 2016. The 5 wells evaluated and the immediate vicinity covers an area of 0.8 km2 in the north-west area of the Tanjung Enim Production Sharing Contract (“TE PSC”) which comprises 0.3% of the TE PSC’s acreage. NGY Group intends to develop the PSC in a number of phases, with the initial phase likely to consist of the TEPPP wells area.

The initial certification of reserves was completed by RPS Energy Consultants Limited (“RPS”), an independent consulting firm in accordance with the Society of Petroleum Engineers Petroleum Resources Management System (“SPE PRMS”). The resulting reserves are summarised in the TEPPP Reserves Statement below.

TEPPP Reserves Statement

The following table summarises the TEPPP certification statement:



Notes:

1) All volumes reported are based on gross (100%) interest as the fields are within the Production Sharing Contract (“PSC”) license boundary. These volumes include NGY’s and its partner’s interest including the Indonesian Government’s share.

2) The volumes reported under these columns are based on NGY’s net working interest (45%), which includes the Indonesian Government’s share under the PSC.

3) The volumes reported are based on NGY’s net entitlement, which exclude the Indonesian Government’s share under the PSC.

4) Based on the contractual volume in the Memorandum of Understanding with PT Shalindo Energi signed on 30 November 2016, for a five year period starting in mid-2018 and are reported net of inerts gases and fuel.

5) RPS estimates the chance of development for the above resources to be 35% due to the lack of MOU for gas sales or Gas Sales Agreement covering the license period.

The TEPPP 2016 work program and the independent initial certification of reserves for the TEPPP provides the platform for NGY to prepare the Plan of Development (“POD”) for approval from the Government of Indonesia and to move towards commercialising its TE PSC gas asset in Indonesia.

The main focus for NGY in 2017 will be to prepare the POD for approval and proceed with the development stage. As NGY works to complete the required steps and obtain the necessary approvals for the POD, further increases in Reserves from Contingent Resources and from Prospective to Contingent Resources are expected.

Further details of the said announcement by NGY are as attached.

This announcement is dated 22 February 2017.

Posted by abanglongpekida30 > 2017-02-22 21:30 | Report Abuse

Tomorrow meletup baaa

pro777

5 posts

Posted by pro777 > 2017-02-23 11:18 | Report Abuse

still under "Persistent vegetative state"
only God can wake this counter up,
Not Ayam or Itek......

Skng Keong

1,256 posts

Posted by Skng Keong > 2017-02-23 20:16 | Report Abuse

Wah God know how to play share......apa ini orang...

Stockskid

441 posts

Posted by Stockskid > 2017-02-24 14:56 | Report Abuse

collect stock time again :D

fhis

1,207 posts

Posted by fhis > 2017-02-24 15:43 | Report Abuse

loos like bad time is over as mentioned in the latest quarterly report that the future of the company will be depending on oil and gas production. will be a pure oil and gas production company but way cheaper than hibiscus and others at .....0.04 now.......

Posted by fortuneebullz > 2017-02-25 12:02 | Report Abuse

dont syiok syiok here!!!! if u r sick here, go n buy medicines at Aemulus, Ijacob, Penta and Vis!!!! Those medicines will cure ur sickness here!!! doanat buy medicines here! if u continue u will lose all your pantees, just like S koeng and fam jenny; they shy to come out here becos have no pantees to wear!!!! believew me !!!!!

DreamPredator

1,507 posts

Posted by DreamPredator > 2017-02-27 14:53 | Report Abuse

Hah! Itu FortuneeBullz sutah sick gah ...

Posted by goInvest (Cut or Hold???) > 2017-02-28 09:17 | Report Abuse

Any news? It keep ding dong at current price....no action taken ....
any news to share?

Fam Jenny

7,724 posts

Posted by Fam Jenny > 2017-02-28 10:04 | Report Abuse

Fortuneebullz,an impostor on what creditability you talk here about people's financial status, just a shallow human meddling in people's business.

CrapTree

4,356 posts

Posted by CrapTree > 2017-02-28 10:43 | Report Abuse

hmmmm.....

fhis

1,207 posts

Posted by fhis > 2017-02-28 14:54 | Report Abuse

Glotec...bila nak glow???

musangfoxking

3,614 posts

Posted by musangfoxking > 2017-02-28 17:20 | Report Abuse

when Fam Jenny glows, then it will glow!!! kikikikikikiki !!!! but she always grumbles!!!!!! hahahhahahaa!!!

musangfoxking

3,614 posts

Posted by musangfoxking > 2017-02-28 19:41 | Report Abuse

aiyah, pantees are cheap items!!!! she can always get it from pasar malam leh!

Fam Jenny

7,724 posts

Posted by Fam Jenny > 2017-02-28 22:17 | Report Abuse

I used to get six pantees for rm10 but now I must pay rm30 for the same quantities.But Glotec never moves up,now cheaper than my pantees in term of cost.So what is it up too?Haha!

Skng Keong

1,256 posts

Posted by Skng Keong > 2017-02-28 23:17 | Report Abuse

musang do get ur pantees from pasar malam???......

musangfoxking

3,614 posts

Posted by musangfoxking > 2017-03-01 08:01 | Report Abuse

Skng Keong, u better buy department pantees 4 Fam jenny!!! she complains that pasar malam pantees now expensive!!! u make her happy she will like u leh!!!!

Skng Keong

1,256 posts

Posted by Skng Keong > 2017-03-01 08:31 | Report Abuse

musang I think u can share ur pantees with her....kikikikikiki

Fam Jenny

7,724 posts

Posted by Fam Jenny > 2017-03-01 18:42 | Report Abuse

When I was 11 years old,I bought my first gold chain which cost me Rm16 and now it will at least cost me Rm1600/-.Hence I still prefer to invest in jewelries and precious stones bcos I don't have to waste time to monitor them and all are within my management control,meaning I am the real boss in my own investment even though I still need to depend on the world market price to dispose them.
Now the most sought after stone is blue topaz which is relative cheap when compares to diamonds.It is about Rm100 per carat and they in different colours(0.2gram),the blue topaz have 4 types of blue namely sky blue,navy,swiss blue and London blue.The most beautiful blue topaz is swiss blue which is very rare and they are most sought after.10 to 12 years ago,it was only rm20 per carat but now is about rm100/per carat.High grade Diamond with D colour is easily rm50k per carat and is beyond the rich of many and it is too dangerous to wear.
The problem with semi precious stones is the lack of markets to buy back the used items unlike USA and Australia where there are resale valaes so it is high time for Malaysia to set up companies to buy them back such as gold and diamonds.

Skng Keong

1,256 posts

Posted by Skng Keong > 2017-03-01 21:10 | Report Abuse

I got alot of gold chians n rings gift from my parent n grandparent, dont know how much now.My all OLD GOLD. Talking old lady story.....

musangfoxking

3,614 posts

Posted by musangfoxking > 2017-03-01 22:58 | Report Abuse

Skng Keong, if u like Fam Jenny, y not give her a gold chain to buy some pantees!!!!! kikikikiki

Posted by fortuneebullz > 2017-03-02 13:13 | Report Abuse

Skng Keong doesnt want to buy becos he wants her without pantee, and when he sees, reli syiok syiok!!!!!

Skng Keong

1,256 posts

Posted by Skng Keong > 2017-03-03 09:27 | Report Abuse

musang dont want to share pantees with her bcause her pantees all r lubang already...

AhSook AhKou

1,296 posts

Posted by AhSook AhKou > 2017-03-03 12:45 | Report Abuse

Can never buy at 0.04 ......Q n Q n Q n QQQQQQ still no get any !!!

Skng Keong

1,256 posts

Posted by Skng Keong > 2017-03-05 08:46 | Report Abuse

musang, u should know ur own pantees r with alot of lubang...kikikikikiki

Posted by ydayunotellme > 2017-03-07 20:32 | Report Abuse

question... is Fam Jenny by any chance that under that Datuk Panglima Goh called out saying that this aunty sure wanna ask about share price 1..... *During 2016 AGM* XD

Sales

3,272 posts

Posted by Sales > 2017-03-08 10:22 | Report Abuse

This type of price get nexgram or xinghe

Skng Keong

1,256 posts

Posted by Skng Keong > 2017-03-09 09:54 | Report Abuse

musang look like u running to other counters showing lubang pantees kikikikiki.....

Posted by goInvest (Cut or Hold???) > 2017-03-09 14:53 | Report Abuse

today volume much but price low.....don't know will go 3.5c or no?

Fam Jenny

7,724 posts

Posted by Fam Jenny > 2017-03-10 11:13 | Report Abuse

This is really the game of unethical people,still half dead,salted fish cannot come alive yet.

Posted by Airapi Dir > 2017-03-11 08:10 | Report Abuse

Test3

Skng Keong

1,256 posts

Posted by Skng Keong > 2017-03-11 09:15 | Report Abuse

salted fish smell is not like wet pantees smell. Salted Fish is expensive now a day & ppl like. not like wet pantees salt smell ppl will run away...kikikikikiki...

Skng Keong

1,256 posts

Posted by Skng Keong > 2017-03-11 23:27 | Report Abuse

musang just lend ur lubang pantees to her. kikikikikiki....

Skng Keong

1,256 posts

Posted by Skng Keong > 2017-03-13 20:04 | Report Abuse

musang should say thanks Johan for ur new pantees. kikikikiki...

Skng Keong

1,256 posts

Posted by Skng Keong > 2017-03-13 20:44 | Report Abuse

musang y sell so fast ur Johan going to 27 cents very soon..Now only can buy some new pantees to replace ur lubang pantees. kikikikikik...

musangfoxking

3,614 posts

Posted by musangfoxking > 2017-03-13 20:59 | Report Abuse

AT and glotec both 0.045!!!! swap to AT, sure to recover!!!!!!

Skng Keong

1,256 posts

Posted by Skng Keong > 2017-03-13 21:09 | Report Abuse

musang better buy some JCY... got good dividends. going to fly soon....

musangfoxking

3,614 posts

Posted by musangfoxking > 2017-03-13 21:21 | Report Abuse

Skng Keong ,use the dividends to buy some pantees for farmjeannie!! kikikiki

Skng Keong

1,256 posts

Posted by Skng Keong > 2017-03-13 22:14 | Report Abuse

musang mayb i can ask her to share with u the pantees.kikikikiki...

Skng Keong

1,256 posts

Posted by Skng Keong > 2017-03-14 09:50 | Report Abuse

musang I have alot pantees for u to choose first SIZE S ,M ,L, XL, XXL, XXXL, XXXXL, XXXXXL.

Josh Ong

449 posts

Posted by Josh Ong > 2017-03-14 13:49 | Report Abuse

Stuck too long in this share make you mad?? ki ki ki....

musangfoxking

3,614 posts

Posted by musangfoxking > 2017-03-14 13:52 | Report Abuse

yes, Skng Keong is mad at farmjeannie!!! he refuses to buy pantees for her!!!
kikikikiki

Skng Keong

1,256 posts

Posted by Skng Keong > 2017-03-14 18:51 | Report Abuse

musang what pantees size u want?.....

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