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

steward

1,084 posts

Posted by steward > 2018-04-13 16:19 | Report Abuse

Ini kali lah mesti mari

LimKL1

298 posts

Posted by LimKL1 > 2018-04-13 16:26 | Report Abuse

apa macam?

steward

1,084 posts

Posted by steward > 2018-04-13 16:29 | Report Abuse

Macam macam,hahaha

Lim Tek Wai

2,386 posts

Posted by Lim Tek Wai > 2018-04-13 16:38 | Report Abuse

eh what u guys saying oh macam macam ????

tomanhead

603 posts

Posted by tomanhead > 2018-04-13 21:35 | Report Abuse

macam mana???hahaha

nekosan

3,637 posts

Posted by nekosan > 2018-04-14 07:56 | Report Abuse

Bought some 4 cent hehe

ikah

422 posts

Posted by ikah > 2018-04-16 17:17 | Report Abuse

ubah

Posted by goInvest (Cut or Hold???) > 2018-04-17 15:46 | Report Abuse

what happen to glotec?

Yael Jasper

2,178 posts

Posted by Yael Jasper > 2018-04-17 17:18 | Report Abuse

gogo

steward

1,084 posts

Posted by steward > 2018-04-18 09:37 | Report Abuse

Globaltec Formation Bhd’s Australia-listed subsidiary NuEnergy Gas Ltd has secured a four-year extension — up till Dec 2, 2020 — for its Muralim production sharing contract in Indonesia,

kirawang

240 posts

Posted by kirawang > 2018-04-18 10:50 | Report Abuse

Ini kali lah.....kikikikikih

HazByn

842 posts

Posted by HazByn > 2018-04-18 11:02 | Report Abuse

extension only.not get a new deal. jerung not interested.

Jessie Ng

502 posts

Posted by Jessie Ng > 2018-04-18 11:06 | Report Abuse

gogo

Posted by goInvest (Cut or Hold???) > 2018-04-18 16:12 | Report Abuse

No more expert willing to analysis this counter and give comments anymore. Recently so huge volumes don't know what actual they are doing.
Don't know what should we do?
Don't know what is their planning?
Don't know why so many traded recently...what going on?

LimKL1

298 posts

Posted by LimKL1 > 2018-04-18 16:39 | Report Abuse

thank

Kathejofu

266 posts

Posted by Kathejofu > 2018-04-19 09:21 | Report Abuse

not moving @@

Donovan

2,808 posts

Posted by Donovan > 2018-04-19 11:04 | Report Abuse

already move 20% from 4 cent.

Posted by jordanmaggie61 > 2018-04-19 12:10 | Report Abuse

thank for tips

Leoleo

5,534 posts

Posted by Leoleo > 2018-04-25 09:48 | Report Abuse

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5769689

Last time said POD preparation on Dev 2016...

now said will submit by end of this month.

may be approval process may take 2 years kot..


Drag and drag

ktsk88

5,284 posts

Posted by ktsk88 > 2018-04-25 10:10 | Report Abuse

if you look back at their earlier development reports, the company already stated that the earliest point for sales of gas is on 2nd quarter of 2018 onwards the earliest if not mistaken.

asturay

189 posts

Posted by asturay > 2018-04-30 22:43 | Report Abuse

Will fly

jasontan1177

1,768 posts

Posted by jasontan1177 > 2018-05-04 16:05 | Report Abuse

"NuEnergy signed a memorandum of understanding (MoU) with Pertagas in September 2017 to explore the gas supply from the Tanjung Enim PSC and the company will now progress negotiations on commercial terms," it said, adding that the proposed POD I plans for the gas production and delivery to plateau at 25 million standard cubic feet per day (MMSCFD) for 10 years.


25 million standard cubic feet per day (MMSCFD) . this is equivalent to how much revenue perday ?

anyone can enlighten us ?

kirawang

240 posts

Posted by kirawang > 2018-05-04 16:06 | Report Abuse

Sulah ada sales ka belum?

Bull

1,361 posts

Posted by Bull > 2018-05-04 16:20 | Report Abuse

Why so many people like to risk their own hard earn money into pokai or we name as goreng company?

Why not invest in low risk and high return company where you can sleep well every night?

2018 gem

https://m.facebook.com/story.php?story_fbid=1975669769428631&id=1971580826504192

jasontan1177

1,768 posts

Posted by jasontan1177 > 2018-05-04 16:23 | Report Abuse

MMCCORP(2194) is very pokai company wor? PK you got invest in MMMCorp ah ?

PK where u come from why every forum go promote this PK MMCorp counter ?



Bull Why so many people like to risk their own hard earn money into pokai or we name as goreng company?

Why not invest in low risk and high return company where you can sleep well every night?

2018 gem

https://m.facebook.com/story.php?story_fbid=1975669769428631&id=19...
04/05/2018 16:20

flyby

76 posts

Posted by flyby > 2018-05-05 00:15 | Report Abuse

jasontan1177, 25MMSCFD is equivalent to USD245,000 per day by my estimates. Wow...

ktsk88

5,284 posts

Posted by ktsk88 > 2018-05-05 10:00 | Report Abuse

Their Tanjung Enim is on the way to supply gas in coming months and the contracts is for 10 years.

As for Muralim they got 4 years extension to commercialise it.

jasontan1177

1,768 posts

Posted by jasontan1177 > 2018-05-05 11:36 | Report Abuse

tanjung enim took 4 years to work on. now only submit pod. after pod approval. need how long to pump gas out ? 2 years ?

flyby

76 posts

Posted by flyby > 2018-05-06 19:08 | Report Abuse

jasontan1177, You don't submit the pod unless you're ready to pump the gas. The details of financing, buyers, technology, environmental issues are probably all in place because the details of which are required in the pod.
There's a lot of money to be made. Just imagine 13% of TEPPP is certified to produce USD245,000 a day. 100% therefore has the potential to produce USD500,000 to USD1,500,000 per day. That's just from the TEPPP.
There's a lot of psylogical effort put to frustrate retail holders to sell their shares at this current low price. False starts, Good news ...no movement. Price up ...pressed down. Left hand, right hand game going on, some say up to 90% of volume.
Accumulation will carry on until they have as much shares in their possession as possible. A decision will be made depending on market conditions to start the olympics. That's when the game begins.

DreamPredator

1,507 posts

Posted by DreamPredator > 2018-05-20 15:13 | Report Abuse

Lg bulum glo lg gah, ini Lotec.

DreamGuardian

1,169 posts

Posted by DreamGuardian > 2018-05-21 15:28 | Report Abuse

gih gih gih

jasontan1177

1,768 posts

Posted by jasontan1177 > 2018-05-23 17:46 | Report Abuse

walau make 2 k profit last q...

wakaka. hkc ask ceo come open chicken rice stall better.
kikikiki

traderman

7,854 posts

Posted by traderman > 2018-05-25 19:44 | Report Abuse

haha may be they really selling chicken rice stall now as cannot dig gas yet haha

ktsk88

5,284 posts

Posted by ktsk88 > 2018-05-26 08:35 | Report Abuse

they have scored gas in one of the area and are now preparing POD to the GOVT of Indonesia and once approve the supply can be on and start contributing in the 3rd quarters of 2018 which they have mentioned end of last year. so basically they're on track with the forecast.

Posted by AlibabaChiam > 2018-05-26 08:47 | Report Abuse

buy

traderman

7,854 posts

Posted by traderman > 2018-05-26 10:40 | Report Abuse

what kind of gas they digging?

kakakemas

377 posts

Posted by kakakemas > 2018-05-26 11:02 | Report Abuse

better buy netx...the pp already completed. the lowest 52 weeks range price is 0.025..u can buy 0.035 and plus, it got shariah compliance last few days...and jackma will come to malaysia soon to meet Tun M..i think netx going to be a jackma rally stock...why? because the PP involves project that related with e payment payallz business.. and Payallz already joint venture with Alipay...i dont want to waste my time here in Glotec.the MACD signal also scare me...seems that the blue line wanna cross below the redline

traderman

7,854 posts

Posted by traderman > 2018-05-26 20:29 | Report Abuse

ya heard netx will goreng to 0.5 soon. strong buy

freddiehero

16,722 posts

Posted by freddiehero > 2018-05-26 21:08 | Report Abuse

netx 0.50? haha inposible

traderman

7,854 posts

Posted by traderman > 2018-05-26 21:58 | Report Abuse

jack ma coming. netx will be goreng up

WY Chan

1,378 posts

Posted by WY Chan > 2018-05-28 08:08 | Report Abuse

kikiki.... goreng to ashes.... the project is doom...

Timie

338 posts

Posted by Timie > 2018-06-05 17:21 | Report Abuse

KUALA LUMPUR : Globaltec Formation Bhd has partnered with Indonesian state-owned oil corporation PT Pertamina Gas to explore the supply of coal bed methane (cbm) gas for distribution to consumers in Indonesia’s Sumatra island.

In a stock market filing today, the group said its subsidiary NuEnergy Gas Limited which is listed on the Australian Securities Exchange, had executed a memorandum of understanding with PT Pertamina Gas.

Under the MOU, NuEnergy and Pertamina Gas have agreed to exchange information and to jointly evaluate the economic viability of CBM gas supply from Tanjung Enim Production Sharing Contract’s (PSC) initial Plan of Development (POD) with the aim to utilize this CBM gas to fulfil Pertamina Gas consumer needs in Sumatra.

“NuEnergy has received government approval to prepare the POD for Tanjung Enim PSC. The proposed concept for the initial POD plans for the development in two target areas, in the north and north-west of the PSC where NuEnergy has focused exploration, drilling and pilot production activities over the last 8 years,” said Globaltec.

It added NuEnergy plans to submit the POD to the Indonesian Minister of Energy and Mineral Resources by the end of 2017.

Timie

338 posts

Posted by Timie > 2018-06-06 10:14 | Report Abuse

After Sumatec UP, Glotec will follow..

lolipot

32 posts

Posted by lolipot > 2018-06-06 23:05 | Report Abuse

Timie ,,why u are say that?

Posted by goInvest (Cut or Hold???) > 2018-06-12 11:23 | Report Abuse

Is this counter no more future?????

Posted by derrickinvestor > 2018-06-14 18:45 | Report Abuse

Y no volume.

freddiehero

16,722 posts

Posted by freddiehero > 2018-06-18 18:03 | Report Abuse

i oledi sold off lo..

freddiehero

16,722 posts

Posted by freddiehero > 2018-06-18 18:03 | Report Abuse

come back and see still 0.045 lol..

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