So wheres the good news, newb ?

lai liao

Wow almost the whole board intends to deal during closed period. Looks like something big coming up.

Next 2 days got Sona show .... stay tune

Does the SPA say that Sona has a share of the revenue from January 2014 onwards ?

Don't regret when the institutional funds start buying in soon.

Now Sona is having press-con and analyst briefing. Funds will only be coming in after these meetings as they need time to obtain their investment mandate as well. So i guess real show starts in the afternoon.

How come Sklyte suddenly so quiet ?

New call warrant issued yesterday. knm-cm or knm cn is a better buy ?

Heard announcement soon.

I heard from IB Bankers that Sona is close to signing SPA this few days.

Anyone can share any analyst report on this counter ? Whats the TP ?

Sklyte .... your calculation doesn't make sense at all.

RHB issued call-warrant today with exercise price of RM0.85 and conversion ratio of 2:1. I think KNM-wa will collapse soon.

Hi Guys, any idea if the mother share or warrant is a better buy now ?

http://www.theedgemalaysia.com/business-news/297157-hot-stock-knm-among-top-traded-on-hong-leongs-initiation-report.html

Sometime this week got show, stay tune.

Volume picking up .... got show today

30 June qtr report ? I thought they just announce last month where got so fast

JasonLimKim, you are the funniest dude ever. How would Bursa officers get a say on this even before the QA application is submitted to Bursa.

And besides you think BNP is stupid to dish out loans if it was a bad acquisition ? Moreover this is a SPAC, I bet BNP guys would have gone through a thorough process, getting their ass grilled by their credit committee before even got the loan approved.

http://www.thestar.com.my/Business/Business-News/2014/06/27/Datasonic-upgraded-to-buy-on-acquisition/

http://www.theedgemalaysia.com/business-news/296365-pengerang-terminals-to-see-infusion-of-another-rm16-bln-over-15-years-najib.html

today got show !!

sudden surge in volume

Guys, what will happen if i don't accept the offer and the GO gets through ? Can anyone advise me?

Gmkhana .... RM1.1 is an understatement. Maybank's TP of RM1 is excluding the RAPID proj and Peterborough project. If these 2 are included, we are looking at nothing less than RM1.50.

lai liao !!

http://www.thestar.com.my/Business/Business-News/2014/06/16/SONA-PETROLEUM-EXPECTS-REVENUE-FLOW-BEGINNING-FY2014/

Yeoh is still an Non-independent non-executive director

Lol Pathfinder can say all he wants. We will just ignore him moving forward. Theres plenty of money to be made here comrades. Lets prove pathfinder wrong.

http://www.thestar.com.my/Business/Business-News/2014/06/14/Sonas-value-accretive-deal/

JP Morgan says that according to Salamander Energy, the Bualuang field in B8/38 contains 30 millions of barrels (mmboe) of 2P oil and 27.8mmboe of 2C (best estimate of contingent reserves) resources with a production average of 12,300 barrels in 2013. Production is expected to reach 14,000 barrels (5,600 barrels for Sona based on its 40% stake) in 2014.

JP Morgan adds that assuming there are 12,000 barrels of gross production in 2015, Sona can generate revenue of over US$150mil (RM480mil).

“Sona can also benefit from approximately 40 million barrels of oil (net to Sona) of prospective resources at G4/50,” says JP Morgan.

Maybank's TP of RM1 is excluding the RAPID and Peterborough project. If these 2 projects are secured, KNM is easily valued at RM1.60

Gadang just got the 1st RAPID slice. Tomorrow all RAPID related counters will go up.

Lai Liao !!

davidsiaw ....plz do your homework before you comment anything la. Sona can always do a rights issue to pare down the borrowings.

What nonsense. If its a bad deal ..... the son would have dive down all the way. The fact that its trading at a healthy premium now means something. Something that only insiders would know.

Strange is that why the demand for the wa is still strong. If its a bad deal .....insiders would have thrown the wa.

I believe Sona is holding the price now because of an impending Rights Issue. Otherwise, if the price shoots up, it will be quite costly for shareholders to subscribe the rights.

WE LOVE YOU TLTAN ....... LONG LIVE TLTAN !!

Near term TP 1.50.

Show me the announcements on the projects, or i aint buying all this shit. The edge can report that KNM bidding for 100bil of projects but how many come true, we still need to wait and see.

Lol ... this is another Sona fiasco. Someone accumulates at low price, come here and spread QA rumour, take profit and repeat the cycle again.

the glory days of Datasonic is coming back again. Stay tune for more good news.