Posted by VLVL > 2014-07-11 16:32 | Report Abuse

what is the different btw WA and WB? Wa is better now

Posted by DreamHunter > 2014-07-11 16:51 | Report Abuse

Why WA better ... WB high 32 ... WA high 30

WB better ...

Posted by TopEarn1 > 2014-07-11 17:42 | Report Abuse

I bought WB at high price...scare go down on monday =( ( i am not contra player)

Posted by DreamHunter > 2014-07-11 18:25 | Report Abuse

So next time you know better what to do ... buy at low price ...

Buy when others don't want to buy ... then sell at high price ... when other don't want to sell ...

Posted by Mr_Casanova > 2014-07-12 10:25 | Report Abuse

Dato DH, so now is at high or low price?

Posted by SK Lee > 2014-07-13 10:39 | Report Abuse

Will finally able to exit from my Eforce mother on Monday onward (since entitled to the WB already with ex-date on 14 July) and buy more into Sumatec-WB. Potential unlimited for Sumatec-WB .....

Posted by WHITE_KNIGHT > 2014-07-14 10:23 | Report Abuse

walaua

Posted by irgal > 2014-07-14 10:41 | Report Abuse

resistance 0.370
please break it

Posted by gynko3655 > 2014-07-14 11:25 | Report Abuse

Yes pls break 0.37....

Posted by budak_sekolah > 2014-07-14 16:39 | Report Abuse

sapu2. tambah lagi lauk. mesti naik punya. apa ada hal.

Posted by speakup > 2014-07-14 17:12 | Report Abuse

just like Sona now, when nobody want to buy, it is time to buy.
Watchout SONA!

Posted by SK Lee > 2014-07-15 11:11 | Report Abuse

Both the warrants are out of money with WA being exceptionally high vs the mother. The exercise price for WA is rm0.35 while the WB is rm0.175 (if I am not mistaken). Since it is still a relatively new warrant, this is quite normal especially during an uptrend. But I will place my bets on WB then WA. Buying warrants is still a cheaper proxy to the mother.

Posted by afata08 > 2014-07-15 16:31 | Report Abuse

Bro SK Lee...Thank 4 the input. Mostly us dreaming mother 0.80 once out ot P17 in this coming Sept. What would be the price of WB at that time.!!??.If WB more potential...I would buy more WB then mother.

Posted by DreamHunter > 2014-07-15 23:13 | Report Abuse

Of course la, Afata, right now WB is giving better than ROI. Lagi belum faham geh.

You just watch the daily and weekly price trends of both lor. Mother rises 5 sen, WB also rises 5 sen. But WB was only 21 when Mother was 29, some weeks back. While some months back, WB was only 18 when Mother was 24 (i.e. 2/3 price of Mother)

But now, Monday Mother peaked at 43, while WB peaked at 37 ... Now, if you just do the maths ...

Posted by DreamHunter > 2014-07-15 23:14 | Report Abuse

'WB is giving better than ROI' = 'WB is giving better ROI than Mother'

typo, bugger it ...

Posted by SK Lee > 2014-07-15 23:15 | Report Abuse

The max gap between mother and WB will be the theoretical exercise price of rm0.175 when it's nearing expiry sometime in 2018. The current gap is around rm0.07. So if mother touches rm0.80', the price of WB should be around rm0.70 depending on market forces.

Posted by SK Lee > 2014-07-15 23:16 | Report Abuse

Bro DH, both of us share the same view and bet on WB .... Right horse bro ... Good luck tomorrow ...

Posted by SK Lee > 2014-07-15 23:18 | Report Abuse

The surprise was WA as I did not expect it to go so near the Mother. Was actually looking at it the past two session when it was only rm0.20 ..... But it is too far out of money

Posted by DreamHunter > 2014-07-15 23:23 | Report Abuse

I prefer to look at the peak prices, SKLee. Both Friday and Monday, Mother peak was only 6 sen higher than WB peak ...

In fact, early Monday morning, WB oredy surged to 37, but Mother was still trailing well behind at 33, and managed to catch up to peak of 35 only in the afternoon ...

Posted by SK Lee > 2014-07-16 06:33 | Report Abuse

Good morning all, another 2.5 hours to go.

Posted by budak_sekolah > 2014-07-16 07:12 | Report Abuse

sabar abang2 besar. today not D day yet. far away from TP.

Posted by afata08 > 2014-07-16 09:08 | Report Abuse

SK Lee & DH, I'm getting more confidence on WB now...will on the same boat wt u all..Thanks Bro...

Posted by derrickinvestor > 2014-07-16 17:33 | Report Abuse

Aiyo turun

Posted by afata08 > 2014-07-17 09:13 | Report Abuse

Time 2 collect more & more....

Posted by SK Lee > 2014-07-17 20:33 | Report Abuse

Wow .... What a fantastic day for WB....very good showing. Keep it up

Posted by SK Lee > 2014-07-18 07:04 | Report Abuse

KUALA LUMPUR: Sumatec Resources Bhd plans to raise half the amount it needs to pay for two new assets worth US$250mil (RM794mil) it is proposing to buy in Kazakhstan via a rights issue and the rest through an issuance of shares.

Though it is a PN17 company, Sumatec wants to tap the capital markets for funds and expects the rights to be issued before the year is out.

All that is dependent on how fast it can enter into a sale and purchase agreement with the two asset owners, though Sumatec chief executive officer Chris Dalton told reporters yesterday that he expected a deal to be concluded before year’s end. The due diligence is under way.

Dalton also expects Sumatec to be out of the PN17 status next month.

Last week, Sumatec said it had entered into a framework agreement with Abu Talib Abdul Rahman and Dr Murat Safin to buy the entire equity interest in Borneo Energy Oil and Gas Ltd for US$250mil, which in turn has rights over Bazachi Neft LLP, which is an independent upstream oil and gas company involved in the exploration, production and trading of oil and natural gas. Sumatec is a service provider in the downstream sector of the oil and gas industry.

Buzachi currently has two 25-year subsoil use contracts, valid till November 2026, for the exploration and production of oil and gas in Karaturun Vostochnyi and Karaturun Morskoi fields (Buzachi fields).

He explained that the Buzachi fields, which were in shallow waters (one to two metres deep), were located about 277km northeast of Aktau city in the northern part of Mangistau region, Kazakhstan. There are 26 wells at the fields, five of which are currently in production and producing between 400 and 600 barrels of oil per day. Oil transportation is convenient as the fields are located just 180km away from the main Uzen-Atyrau-Samara oil pipeline.

Dalton said upon completion of the purchase of the two assets, Sumatec intended to ramp up production and in three years’ time he reckoned Sumatec, with all its other oil and gas assets, would be able to produce about 3,500 barrels of oil per day.

Apart from holding a stake in Borneo Energy, Abu Talib also owns 0.6% equity in Sumatec, and is a long-time associate of Tan Sri Halim Saad, who has 23.96% in Sumatec.

Dalton expected a contribution of US$1.62mil to Sumatec’s profit in the fourth quarter of this year from the two assets, and the figure will be substantial next year.

Beyond the US$250mil outlay, Dalton said the company also needed to spend about RM150mil in capital expenditure for additional facilities at the fields which would be raised via issuance of bonds.

Sumatec also has the rights to the oil and gas field in Rakushechnoye, Kazakhstan, which has yielded a 14.5% increase in proven oil reserves to 129 million barrels.

Sumatec closed 2.5 sen up at 42 sen yesterday.

Posted by derrickinvestor > 2014-07-23 14:10 | Report Abuse

Aiyo turun...

Posted by stocking88 > 2014-07-24 15:13 | Report Abuse

not much activity going on

Posted by derrickinvestor > 2014-07-24 23:37 | Report Abuse

raya ma....

Posted by Johnny Mah > 2014-07-25 10:22 | Report Abuse

very good price now

Posted by wmkheong92 > 2014-07-31 11:44 | Report Abuse

can buy it's daughter share? seems like mother share going up now.... I scare not much change in daughter.... >.<

Posted by afata08 > 2014-07-31 12:09 | Report Abuse

Thingkin of let go my WB & buying mother...is that worth 2 do?...end of August mother may hit 0.6..I guest if trend prolong as today show...

Posted by cakarayam > 2014-07-31 14:01 | Report Abuse

stay with WB if low capital

Posted by eric_B4B > 2014-07-31 17:05 | Report Abuse

if mother shoot, daughter also shoot la, why u worry??? daughter up 11 %, mother onni 8 %, so which one better?

Posted by SK Lee > 2014-07-31 17:55 | Report Abuse

% gainers .....
1st place - WA
2nd place - WB
3rd place - Mother

Posted by SK Lee > 2014-07-31 17:56 | Report Abuse

When market is hot, better to buy warrant as for a lower exposure, your % return is very much better than Mother.

Posted by eric_B4B > 2014-07-31 21:08 | Report Abuse

sk lee, now market is hot or not?

Posted by SK Lee > 2014-07-31 21:26 | Report Abuse

At this point in time, no comment yet. Overall market is cautious but Sumatec may be shielded by upcoming announcements (on PP, on PN17, on new oil fields, on new shareholder entry, etc). As long as you are positive on the Mother, the % gain from warrant will be much better yielding a higher quantum of ROI

Posted by SK Lee > 2014-07-31 22:02 | Report Abuse

For those who wants longer maturity date of its warrant, do look at WA but exercise price is much higher and now is out-of-money. But it will expire on March 2021, sufficient time to benefit from TSHS's global plan due to materialised by 2018.....Rm1 bil profit company ....

Posted by afata08 > 2014-07-31 22:03 | Report Abuse

4 Keeping long beyone 2018, probably better mother, even Wb convertable 2 mother but need cash 2 do so...Let say by that time mother @ RM4 Wb probably would'nt at that range & could drop once it nearly reach it maturity date..

Posted by SK Lee > 2014-07-31 22:06 | Report Abuse

Dear Afata, assuming mother reaches rm4.00, then the WA should be trading at RM3.65 to RM3.70 level as exerciser since is RM0.32 ....my guess only.

Posted by DreamHunter > 2014-08-02 01:22 | Report Abuse

Not to burst anyone's bubble, but around the time approaching the deadline for the next Special Rights Offer should be everybody's caution time. Anyone who's gone through a Special Rights Offer experience before should be your source of sensible advice on what would likely happen around that time.

But the final judgement and decision on what best to do would be yours. Solely and exclusively yours.

Posted by taifor > 2014-08-02 05:36 | Report Abuse

Newbie here. Can someone advice... When we buy WA, can we buy and sell like mother.?

Posted by CLSCUDERIA > 2014-08-03 23:16 | Report Abuse

Can trade like normal share before it's maturity date

Posted by afata08 > 2014-08-04 09:50 | Report Abuse

DH: thank 4 yr input. Will keep informed & caution once time come. Happy Trading guys..

Posted by DreamHunter > 2014-08-04 09:58 | Report Abuse

Stay cool, Afata ...

Posted by DreamHunter > 2014-08-04 12:05 | Report Abuse

cruise, cruise, cruise ...

no cruise, no juice ...

Posted by ericB6B > 2014-08-04 12:41 | Report Abuse

TOP UP !! TOP !!! 0.435 top up 7lot , 0.50 top up 15 lot ! 0.55 top up 15lot ! 0.60 top up 18 lot !!!!!

Posted by ericB6B > 2014-08-04 12:41 | Report Abuse

RM1..... SELLLLLLLLLLLLLLLLLLLLL

Posted by DreamHunter > 2014-08-04 14:21 | Report Abuse

WB high should be 46 ... just 4 sen below Mother high ... that has been the gap lately ...