Posted by tomblack > 2018-01-16 13:58 | Report Abuse

Buy Anzo for possible 100% profit in one month. Recent good Article

Posted by nubiskubistrader > 2018-01-16 14:40 | Report Abuse

why glotec not got up even heavy buying?

Posted by Eden24 > 2018-01-16 14:42 | Report Abuse

I thought now still at the inital plan of development(POD)?
Need to wait for approval, isn't it?
And, today volume so large but price rarely move, i doubt it's a good sign?

Posted by AhSook AhKou > 2018-01-16 15:09 | Report Abuse

Thou it might b high volume transaction but in percentage is relatively small lahhh ...... so still need to pump few more million of transaction before go to the next 0.05 mahhhh

Posted by birkincollector > 2018-01-16 15:54 | Report Abuse

Such heavy boat

Posted by Johnsonlee > 2018-01-16 16:55 | Report Abuse

This counter will slowly go up.

Posted by birkincollector > 2018-01-16 17:44 | Report Abuse

Definitely safer than perisai

Posted by Timie > 2018-01-16 17:53 | Report Abuse

The company engages in the exploration and production of oil and gas; coal mining businesses, as well as the provision of services to the oil and gas industry.

Posted by Johnsonlee > 2018-01-16 19:34 | Report Abuse

Buy now. You won’t regret.

Posted by AhSook AhKou > 2018-01-16 22:16 | Report Abuse

Johnsonlee since you are specialist in this counter and no doubt with yr inside knowledge , I will buy much more tomorrow regardless of price lohhhh

Posted by stan5617 > 2018-01-17 09:10 | Report Abuse

lai liao

Posted by stan5617 > 2018-01-17 09:11 | Report Abuse

kwap makan ahi

Posted by Roy Cheong > 2018-01-17 09:23 | Report Abuse

Slow and steady

Posted by ikah > 2018-01-17 09:37 | Report Abuse

friday will drop,

Posted by VT899 > 2018-01-17 09:50 | Report Abuse

Regret that, I do not purchased more last week...
When the Dato told me to buy more and keep...

Posted by freddiehero > 2018-01-17 12:39 | Report Abuse

now also can la..

Posted by freddiehero > 2018-01-17 12:39 | Report Abuse

long tern

Posted by barubelajaq > 2018-01-17 13:18 | Report Abuse

play up later ???
or play down???

Posted by Timie > 2018-01-17 14:29 | Report Abuse

Looks like a trap

Posted by GoodBoy > 2018-01-17 15:05 | Report Abuse

Very good prospects indeed ... cheers ...

Posted by Timie > 2018-01-17 15:26 | Report Abuse

Oil price going down again. All Oil&Gas counter now going down...

Posted by laulau > 2018-01-17 15:32 | Report Abuse

The price of gas used for cooking and fuel by the industrial and commercial sectors will be increased in 2018, reflecting the higher price of natural gas in the international market.

Among the sectors that will be heavily impacted is the rubber glove industry, which is set to see costs increase by an average of US$0.50 to US$0.75 per 1,000 pieces of gloves, depending on the type of gloves and efficiency of the factories.

He said the increase was significant and that glovemakers would have to pass the additional costs to customers.

Read more at https://www.thestar.com.my/business/business-news/2017/11/30/gas-price-hike-in-2018/#Zr1VIc0scBJ8hD9M.99

Posted by tomanhead > 2018-01-17 16:14 | Report Abuse

Tak habis habis 0.06,very BIG roadblock

Posted by CrapTree > 2018-01-17 18:01 | Report Abuse

HALI HALI shark collect..... yeah yeah.... if it ever break 7sen......

Posted by VT899 > 2018-01-18 00:45 | Report Abuse

Come lah... Tomorrow show us at 7 cents!
Make everyone happy...

Posted by nekosan > 2018-01-18 09:19 | Report Abuse

the price stop at 6 cent means still something pending.

Posted by GoodBoy > 2018-01-18 09:48 | Report Abuse

Stay cool in Glotec ... big tsunami outside ... cheers ...

Posted by laulau > 2018-01-18 09:52 | Report Abuse

Yes, something is pending...the hints are already there...Just wait for more announcements from Glotec/NuEnergy...

"We are into the final stages of the POD preparation (Once the POD is approved, CBM commercial development may commence for that specified resource*.) and look forward to communicating more results."

Quote "The Indonesia CBM reserves certification to be administered by an Indonesian state agency such as LEMIGAS, is one of the required processes in the CBM POD preparation and forms the basis of the overall POD. Once the POD is approved, CBM commercial development may commence for that specified resource.

The CBM reserves certification has concluded with findings of 86.05 Bscf of proved reserves (P1) and 78.84 Bscf for probable reserves (P2) giving a total gas reserves of around 165 Bscf for the * target development areas covering 33 km2 (or 13% of the Tanjung Enim PSC acreage) that would enable NuEnergy to deliver 25 MMSCFD to the market through the development of over 200 wells once the POD is approved.

Commenting on the Indonesian CBM reserves certification by LEMIGAS, NuEnergy Deputy Executive Chairman, Kee Yong Wah said: “This certification is an endorsement and a very clear indicator of the underlying prospects of the Tanjung Enim asset and is in line with our expectation of the coal seams in the South Sumatra region. The Tanjung Enim initial target development area only represents 1.4% of our total South Sumatra PSCs acreage of 2,280 km2 and we are excited about the huge potential of our other South Sumatra PSCs with the expectation that the Tanjung Enim target development area is a representation of the rest of these assets. We are into the final stages of the POD preparation and look forward to communicating more results.”

Please refer the attachment for the full announcement made by NuEnergy.

This announcement is dated 15 January 2018."

Posted by AhXing > 2018-01-18 09:55 | Report Abuse

BUY NETX TODAY WILL UP TILL 10 SEN !!! IF YOU WANT EARN MONEY !!!

Posted by GoodBoy > 2018-01-18 11:53 | Report Abuse

Glotec will move up gradually ... cheers ...

Posted by tomanhead > 2018-01-18 13:19 | Report Abuse

:( most counter red red ang pow color

Posted by Lee Kohl > 2018-01-18 14:53 | Report Abuse

@AhXing how you know will move up....you ada tanya sama itu tan sri kah>?>

Posted by Lee Kohl > 2018-01-18 14:54 | Report Abuse

@VT899 still dato meh, i thought sudah tan sri liao??

Posted by laulau > 2018-01-18 15:21 | Report Abuse

Glotec/NuEnergy's Tanjung Enim Commercialisation of Tanjung Enim PSC for 2018

Initial POD in the North & North West area covering 16km2 of Tanjung ENIM PSC, Indonesia.

1. Receives CBM Reserves Certifcation by LEMIGAS:
Tanjung Enim Production Sharing Contract Initial Plan Of Development (POD) Receives Coal Bed Methane Reserves Certification from an Indonesian Authority
http://disclosure.bursamalaysia.com/FileAccess/viewHtml?e=2821857

2. Received approval for POD preparation by the Indonesian Special Task Force for Upstream Oil and Gas Business Activities (SKKMigas)

http://www.morningstar.com/news/null/SIGNALG_1165812_394464/nuenergy-gas-announces-tanjung-enim-receives-approval-for-pod-preparation.html

3. During the POD preparation, the Glotec/NuEnergy will also confirm target gas buyers and negotiate optimal gas sales agreements.

3. Gas Supply MOU signed with PT Pertamina Gas
https://www.thestar.com.my/business/business-news/2017/09/28/globaltec-nuenergy-gas-pertamina-in-coal-bed-methane-gas-supply-mou/

Pertamina Gas is a company who has focus in midstream sector and downstream of gas industry in Indonesia. This company was a subsidiary of PT Pertamina (Persero) which has a role in gas trading, gas transportation, gas process and gas distribution and other business who has related with natural gas and their inheritance products.

http://www.pertagas.pertamina.com/

2018 Milestones:
1. Secure POD approval
2. Commence Full Field Development
3. Production/Gas Sales - Initial POD sales of 12 MMSCFD for 10 years. Estimated total revenue of ~ US$ 430 Million or RM 1,720 Million.

http://disclosure.bursamalaysia.com/FileAccess/apbursaweb/download?id=81953&name=EA_GA_ATTACHMENTS

Posted by GoodBoy > 2018-01-18 16:05 | Report Abuse

@Laulau ... Thanks ... cheers ...

Posted by laulau > 2018-01-18 16:17 | Report Abuse

Will share more info when got time to analyse the latest reports from NuEnergy. Going forward...we think Glotec is far more attractive than Sumatec or PN17 Perisai :)

Posted by ikah > 2018-01-18 16:21 | Report Abuse

glotec loss making company

Posted by laulau > 2018-01-18 16:37 | Report Abuse

So is Sumatec & Perisai... but why their price still so high?

Anyway Glotec's last quarter recorded a Q on Q 98.65% improvement in financial performance ...indicating that it's turnaround plan is working after the divestment of loss making units in the last few quarters..now left Automotive, Oil Palm Plantations and O&G Sector NuEnergy which will be making money soon...

https://klse.i3investor.com/servlets/stk/annqtyres/5220.jsp

Posted by nekosan > 2018-01-18 17:01 | Report Abuse

good luck, people start throw to 0.055 ... should back to 0.05 soon

Posted by MainBesar > 2018-01-18 19:21 | Report Abuse

ayamtua

Posted by laulau > 2018-01-18 23:16 | Report Abuse

More details on Glotec/ NuEnergy operations which are mainly focused in South Sumatra, Indonesia on the CBM exploration activities in Tanjung Enim PSC, Muralim PSC and Muara Enim II PSC. Glotec/ NuEnergy’s immediate strategy and priority is to focus on its PSCs in South Sumatra which cover a total area of 2,280 km2 and are situated in one of the most prolific CBM basins in Indonesia with existing infrastructure (Gas Pipelines) available nearby. The South Sumatra PSCs have unrisked net best estimate of prospective gas resources of 2.2 tcf and an estimated CBM gas value of US$15.4 billion. Glotec/ NuEnergy has the potential to develop and operate a large scale CBM operation in South Sumatra with the Tanjung Enim PSC, Muara Enim PSC, Muara Enim II PSC and Muralim PSC located in close proximity to one another.

Gas Pipelines (existing infrastructure) in Sumatra located near Tanjung Enim PSC, Muara Enim PSC, Muara Enim II PSC and Muralim PSC located in close proximity to one another.
http://www.1derrick.com/uploads/post/test1-yd-anagha-nuenergy-spuds-pilot-well-in-indonesia.png

Refer location of Glotec/NuEnergy 6 CBM Assets in South Sumatra & Kalimantan
http://www.nuenergygas.com/images/map/ngy-ouga-map.jpg

Milestones:
1. Tanjung Enim PSC, South Sumatra - SKK Migas approval for the POD preparation:
The Energy segment will work closely with SKK Migas on the POD preparation with the objective to submit the POD proposal to the Indonesia Ministry of Energy and Mineral Resources through the Head of SKK Migas before the end of 2017 with POD approval anticipated by end of the first half of 2018.

The 2 partners, PT Pertamina and PT Bukit Asam, 2 leading state owned energy and resources companies, have both given their full commitment to the POD preparation and the long term development of the PSC. The initial POD plans covers an area 16 km2 and involves the drilling of 100 wells with an estimated gas value of US$430 million/ RM1,720 million.

2. Glotec/ NuEnergy has executed a MOU with PT Pertamina Gas (“Pertamina Gas”) to explore the supply of CBM gas from the Tanjung Enim PSC to Pertamina Gas for distribution to consumers in Sumatra.

"Pertamina Gas is a subsidiary of PT Pertamina, a state owned oil and gas conglomerate and one of our joint venture partner for the Tanjung Enim PSC. Pertamina Gas has a focus in midstream and downstream gas industry of Indonesia with its primary activities in gas trading, gas transportation, gas processing and gas distribution and other businesses related to natural gas and their inheritance products.

This MOU is an important step for the Energy segment to progress on its POD and for the negotiation of the Gas Sales and Supply Heads of Agreement to agree on the main commercial terms including volume, supply period, supply volume and gas price."
https://klse.i3investor.com/servlets/staticfile/314862.jsp

3. Receives CBM Reserves Certification by LEMIGAS
http://disclosure.bursamalaysia.com/FileAccess/viewHtml?e=2821857

Posted by nekosan > 2018-01-18 23:37 | Report Abuse

still not yet go ... patience is virtue

Posted by Stockskid > 2018-01-19 08:49 | Report Abuse

Announcement again .. shoot time soon?

Posted by GoodBoy > 2018-01-19 08:51 | Report Abuse

Good things come to those who believe ... Better things come to those who wait ... Best things come to those who don't give up ... cheers ...

Posted by Stockskid > 2018-01-19 08:59 | Report Abuse

Trading halt until 10am insider collect first ? Haha

Posted by Johnsonlee > 2018-01-19 09:01 | Report Abuse

Any insider news ?

Posted by thinkfirst > 2018-01-19 09:12 | Report Abuse

http://www.malaysiastock.biz/Company-Announcement.aspx?id=1029087

Posted by astalavista > 2018-01-19 09:21 | Report Abuse

Halt pulak..

Posted by barubelajaq > 2018-01-19 09:30 | Report Abuse

going up or down ???

Posted by ikah > 2018-01-19 09:43 | Report Abuse

going to down....