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2013-08-27 11:26 | Report Abuse
we cant predict the share market , like recently falls...who can assure he can get back his capital within certain period ? that 3 yrs is the worst case ...if you buy warrant , is 0 value unless they successful acquire asset , only allow to do conversion
if bear market comes..how long ? we dont know, but I know I can get back my at least 0.45 when time is up . Do u think the management will leave it until 3yrs without any plans ? I think that should be within a year , if go to EGM , you can opt to leave to take your 90% fund of 0.50 ,even though the deal is through .
2013-08-27 11:10 | Report Abuse
you use min capital refund 90% of 0.50 = 0.45 - 0.395 divide by 3 yrs + bank int in trustee account
2013-08-27 11:07 | Report Abuse
SELL WARRANT , BUY MOTHER ,NOW 0.395 CAN GET 4.6 % CAPITAL RETURN + BANK INT FOR EACH YEAR .Buy at this can get very good return.
2013-08-27 10:58 | Report Abuse
Hold SONA mother below 0.45 no need panic , cause this is guarantee capital protected .buy now 0.40 much attractive , enjoy return 4%for capital + bank interest for each year in case finally no asset acquire , even if , you can even get higher return , cause the period sure is shorter than 3 yrs .
2013-08-22 11:33 | Report Abuse
at least if market crash , u still can sleep well...cause this is not proposal , it would not be cancel . the worst is to get back your capital + interest .Market very hard to predict , this advise is for those who willing take less risk , but still want to invest in bursa. (dont forget , sona is a hot stock & speculate , and price is below 0.50 , easy to up if market back to stable .
2013-08-22 11:28 | Report Abuse
Just to clarify , warrants are not allow to convert if they fail to acquire any asset and liquidated finally within 3 yrs .so mother share definitely is the best counter to invest below 0.450 (at least capital protected +interest ) . especially in this volatile market .
2013-08-22 11:18 | Report Abuse
Friends , buy SONA mother , dont buy warrant , too risky .Mother is the best to invest , coz is capital protected+interest if you buy below 0.450.
cause if they fail to buy any asset within 3yrs , min 90% of 0.50 will be refunded , of course i believe there is interest bearing in the trust account .If they acquire any asset , need to go to EGM , if the share price is below 0.450 ,u can opt to leave with 0.450 ,even the resolution is passed .warrant not allow to convert unless the successful of asset acquired .The Directors share & warrant also will be burned if they fail to acquire any asset within 3 yrs . But for shareholder who bought below 0.450 is protected .
2013-05-21 15:34 | Report Abuse
Major shareholder pay 30% IGB share = 1 billion ,
IGB hold 51% of IGBreit
30%share in IGB =indirect equal to amount of 730 MILLION in IGB REIT
Major shareholder low risk to pay 200++ million to get 30% controlling stake & 30% share of good asset in IGB like: 51%IGBreit(worth 2.42b),a lot of good property, like hotel, office& land to develope which have no revaluation since many years ago . still have lot of subsidiary companies which worth more than 2b .
Sure they untung kau kau !MI only can get RM1.72..
2011-10-17 11:34 | Report Abuse
actually there is nothing to do with the share price on KLSE, cause from the begining they have informed that this counter will be delisted after capital repayment . No matter is high to 3.00 or low to 1.00 , as long as the deal is sail through ....
2011-10-17 11:26 | Report Abuse
dont forget the Thai operation is just part of the contribution , the HDD business has been affected recently , and this is aware by the offeror ,all the productions in Thai maybe divert part of it to Malaysia or other factory in others country to maximise the operation in order to reduce rely on Thai operation for short term .try to look at the bright side , of course this is for those still hold or intend to buy .
Any pessimistic views sure are from those who have dump and have no intention to go in .
Still the same words , of the offeror is very keen to privitise it, this is very good chance to success ,cause sure will be accepted by the most of the non controlling shareholders.
Finance support can be from other bank or part of it or from own support ,who knows ?? business is for long term ....
2011-10-17 00:24 | Report Abuse
The company esos will be expired on 22/10 . There still 4millions over shares to wait for exercise. Their exercise price are range from 1.00 ++ to 2.80 . If most of the esos are exercise, hopefully their boss would not let them down,let their staff to get 2.50 home,in another way ,if esos exercise are less ,that means their boss can save over millions riggit to pay out.
Anyway, I truly believe when the ideal come out to buy out , definitely is not just a overnight thinking ,it must be a long and carefully consideration before to go ahead. Unless something too big to come out make them really can't take it. otherwise , sure they would not easily to let the deal off !
2011-10-16 16:41 | Report Abuse
Storm will over,flood will go away,like Japan earth quake ?everything will back to normal. Emotional dump the share because of the flood or when share market keep drop is very normal ?
believe me? the deal finally will go through ?I have keep on accumulate this counter for this golden opportunity ?
if the TYK's financer has no intention to give out the loan ? what for they go for due diligent .the affect sure is short term , the offeror is looking for long term. This offer is announce in July, they knew the quarterly result is weak ,The total half year result compare to last is less than half , if they have no strong intention , what for they offer RM 2.50 ? Why not just RM2.00?
Stock: [SONA]: SONA PETROLEUM BHD
2013-08-27 11:30 | Report Abuse
of course the money to be invested can not must not for emergency use .It might takes some times ..