Sabtu, 13 Oktober 2018

Aplikasi Trading Yang Patut Anda Cuba!!!

Mobile Trading App that you should try :)

Rakuten Trade

Japanese share trading technology has to come to Malaysia, targeting tech savvy investors and poised to garner a large chunk of retail market. As retail investors,  we think Rakuten Trade is better that most if of all stocks brokerage houses. Here are the reasons why:
  1. Fully online and seamless account opening. It’s completely online and what you need is to upload Photocopy of Identity Card (NRIC Front & Back), copy of your Bank statement, Proof of corresponding address (utility bill, telco bill) and credit card to pay for processing fee that they will refund it to your trading account.
  2. Rakuten Trade provides Transparent Profit and Loss (P&L) statement in dashboard format where you can see your net profit and loss at a glance. Most of other stock brokerage do not provide this to their customers. They only provide gross profit and loss without the fees included. You have to do manual request from your broker if you need Net Profit and Loss. WE VALUE TRANSPARENCY.
  3. Rakuten Trade provides one of the lowest brokerage fees in Malaysia. Their nearest competitor in term of fees is MPlus. Below are the Rakuten Trade Fees
    Trading Value (TV)
    Fee Structure
    Below RM 1,000
    Flat Fee
    RM 7
    RM 1,000 – RM 9,999.99
    Flat Fee
    RM 8
    RM 10,000 – RM 99,999.99
    Variable Fee
    0.10% of TV
    RM 100,000 and Above
    Flat Fee
    RM 100
  4. Loyalty Programme with reputable partners like AIrAsia BIG, B Infinite and BonusLink.
  5. Reputable company from Japan. Rakuten Securities Inc is Japan’s second largest online stockbroking firm with a clientele base of over two million people. In Malaysia, Rakuten Trade Sdn Bhd is a joint venture between Kenanga Investment Bank Bhd and Rakuten Securities Inc. Rakuten Trade Sdn Bhd holds a Capital Markets Services License (CMSL) from Securities Commission which enables Rakuten Trade to deal in listed securities and provide investment advices in Malaysia
Facebook: Rakuten Trade’s Facebook Page
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Isnin, 22 Januari 2018

Sumatec gets 25-year extension on Kazakhstan oil field mining lease

Company Name: Sumatec Resources Berhad 
Date : 14 June 2017
Source : The Star

KUALA LUMPUR: Kazakhstan’s Energy Ministry has expanded the oil and gas exploration area given to CaspiOilGas LLP (COG), which Sumatec Resources Bhd is in the process of acquiring for US$205mil (RM873mil), and extended its mining lease by up to 25 years.
Sumatec, which provides management and oversight of COG’s concession area (i.e. the Rakushechnoye oil and gas field in West Kazakhstan), said that COG planned to drill up to six more new wells within the field apart from the existing drilling plan proposed by Sumatec. 

(Under the joint investment agreement signed in March 2012, Sumatec is entitled to 100% of the profit for the first two million barrels while from the third year onwards, the profit will be split 50:50 between Sumatec and COG.)
In a filing with Bursa Malaysia on Wednesday, Sumatec said COG’s general director Ruslan Keshubayev confirmed that COG had received an official letter from the Energy Ministry extending the exploration area within the Rakushechnoye lease allotment.

Drilling the additional six wells would also entitle Sumatec and COG for a further extension of up to 25 years to the mining lease, it said. COG initially had a 25-year concession expiring in August 2025.
Sumatec officially took over the Rakushechnoye field’s operations in November 2013. Based on Sumatec’s annual report issued on May 20, 2015, it had by then finished drilling eight wells, of which six could be put into production.
Sumatec had originally planned to develop up to 10 new wells last year but, due to persistently low oil prices, deferred the plan to 2017 and beyond.
The Sumatec group reported a loss after tax of RM62.02mil in the financial year ended Dec 31, 2016 (2015: profit of RM37.86mil) due to not having oil-related revenue and making provisions for the amount owed to and corporate guarantee given to its 49%- owned associate, Semua shipping group.
Sumatec’s external auditor SJ Grant Thornton expressed a qualified opinion on its 2016 financial statements.
According to SJ Grant Thornton, there are material uncertainties which, if not realised, may affect the Sumatec group or the company’s ability to continue as a going concern.
On the same day Sumatec announced the auditors’ qualification (on April 28), it also disclosed plans to ramp up oil production at the Rakushechnoye field.
For the third and fourth quarters of this year, Sumatec said it expected the daily average oil production to rise by 500-1,000 barrels per day. It estimated that for the first and second quarters of 2018, the volume increment would be at 1,000-1,300 barrels per day.