@Abudance , HIBiSCS take longer than half year to get QA. Around 1 and half years till QA Confirmed.
Sona Still New. Be Patient. Now is just Potential News regarding the US Investor.
Nothing confirmed,

Dragon, All Spac Up because Investor are looking/hunting for Potential Buyers on O&G,
beware when they announce Which company got the Contract, the rest will Fall to initial Price.
This is part of big boy game, they Invest in all potential Counter, and when 1 fly, is enough to cover the rest.
But IF you only aim for one counter, trade with Care.... Because at The moment, No Sona News on QA so far i know.

dragonfruits , For long term, YES...
But as for now, No News on acquiring on my side at the moment.
Hard to say. =)

Alex, u Sold all? Both of us seem like holding since laast year..... No Angpao from SK anytime soon.
>.<

Gov support, where got bleeding...
spend money only ma.
New CEO go in few months, take handsome salary, then change Ceo.
Good Life....

Same here, All in In Sona Since August =)

@.@ ... They didnt announce because they have no announcement mate.
This is SPAC.....

Sona has gone up to 55+ Sen, about 10 sen since I started writing on in December 2013, or almost 5 months after its RM 550 mil IPO. At 55 Sen, Sona's market capitalisation is RM 770 mil. Given the local market and world energy market conditions ( are explained below ), it is still well below a minimum within reach capitalisation - RM 1 billion, provided that the management knows what they are doing ! For an outright comparison purposes, its peer Hibiscus which is still "exploring for oil" in Oman has a market capitalisation of RM 1.2 billion, at RM 2 now.

The local market is buoyed by geopolitics and the reshuffling of institutional local funds, which are avoiding from big cap stocks where foreign funds are taking "own sweet time" selling knowing that EPF has been actively supporting.

M'sia has become very strategic in the big powers' geopolitics play. US president is coming here in April in his 4 nation tour ( Japan, Korea, M'sia, & Phillipines) as part of US's Asia Pivot policy, that real objective is to "contain" China's rise. The US will have to bring goodies here. But how much US can bring is a big question market. M'sia's bandwagoning strategic foreign policy will keep Msia in the best position to benefit from the geopolitic change in Asia.

Our PM will be going to China after the US president's trip here. The most interesting matters that the inner circles are waiting for are : 1) will China's president give a go a head for China to invest in the Trans Peninsula Oil Pipleline which transports oil from Kedah to Kelantan bypassing the Melaka straits? Our ex PM wants the trans national pipeline project very much, as it bring a massive billions of dollars spin off to the nation, in particular to Kedah, Kelantan and Penang. 2) WIll China give green light to China oil companies to take up a strategic stake in Petronas's Canada massive oil project. China's participation as both strategic investor and users is key to the viability of these important national strategic projects.


The world energy market is changing very fast. Shale gas and associated tight oil which are plentiful and cheap in US are bringing back US oil companies to US. They are selling oil and gas assets in Asia, Middle East and Africa and use the sale proceeds and resources to invest in shale gas and associated tight oil in Eastern and Mid US. Shale gas, or wet gas, has big component of etelyne, the basic building block of plastics. Shale gas etelyne is > 5x cheaper than the current naptha (petrol based component. It is the shale gas revolution that drives the FED to taper its money printing policies. China is spending USD 1 bil to explore share gas in Sichuan, known to be the world's largest shale gas reserves ( US + Canada combined ). Australia is also actively digging it. And now UK is also revisiting the share gas. Most big petrochemical companies are moving back to US - to be nearer to share gas reserves.

So, Sona's time to buy producing oil fields is marked. It has to seal it fast and use the initial producing oil fields and track record to move into prolific oil producing fields which are up fro sale. Last week, Murphy ( US independent oil co ) is evaluating to sell part of its Asia oil and gas assets, including those in Msia. Its Msia oil fields, in particular Kikeh, contributes about 50% of its total revenue and profits. Once with producing oil fields and track record, it can raise more money ( by private placement and etc ) to buy prolific producing oil fields.

So, in conclusion, to you and I, the share price will trending up. If the management do it right, it will be the stock of the year! Look for the forest, and ignore the trees. Good Luck.

By.JamesRogerrs

We are Happy enough with Sona Here......
I Kept This Since IPO..... looking forward for QA, but not anytime soon. Just Positive news
No news on my Team here

Thanks but No Thanks,

Tawin is not SPAC company nor O&G counter......
Go promote other place ...

New High =)

I will keeep till TP: 1.00 this year.....

=) Confirm upp =)
All IN~~

as expected

Marcus, if today anything happen, all blame on u.....

Another noobies complaining SONA slow.... Very mature in share, well done to u

If only their management change their policy and Not-Too-Much Transparent, they will see investor coming in.
At the moment, their new policy have been scaring away investor.
Is ok to have Bribe and Close one eyes, rather than EVERYTHING TRANSPARENT for their Project and no one coming in....

zzzz..... The dragon still sleeping.... last week just open one eye awhile and zzz back

:)

2.2? haha..... Good Luck.....

Yup.... I insert Hibiscs @1.8 @1.6 @1.5 last week..... hope to have ANGPAO =)

So far, only QA proposal from 6 countries that i know.
Still under 'Pending" bla bla bla..... I guess, during AGM will have a clearer picture.
A wrong acquisition of oil field , like hot gas, hot air, liquid-like-oil will lead to big big lose.

Neither, not from inside,My Team just a few partners from full time investor, banker, insider-news... Hunting for latest news and company rumors.
Talked with Sona-Public Relation ago... not so much progress at the moment.
Go meet them, you will learn more from there.@KL

Weird, My team have no news on Sona, and i have been seeing ppl posting sona -coming-news everyday....

Yes if u wan kill urself

UEM Group, which owns a 51% stake in toll concessionaire PLUS Malaysia Bhd, has submitted a plan to the government to build a new 45km highway connecting Senawang and the KL International Airport (KLIA) in Sepang, offering road users coming from the south a direct link to the airport that bypassed the often congested stretch between Seremban and Nilai on the North-South Expressway (NSE).

PS* Toll Increase = Good for UEMs

only 1 hour past...... i see many people nervous.... xD
How u gonna last until evening..... Investment is about patient.... just wait and see.... =)

Fair value @2.0...... why not.....

Those who talk kok without knowledge,,,, please do research before tokok

normal... later will flyyy =)

Go in ^^..... Gorengggg

yeah.,,, =)
100% increase in profit ....

Kutty, is ok.....my first account is like pancing ikan besar..... waiting patiently....
second account pancing normal 5-15cents fish.... kinda yummy too xD

Dear all, Uems profit jump more than 100%, finally can see some positive stuff.....
Lets hiong !

Q-ing @0.93-0.935 =)

1st account = bought Sona and wait for QA...... If got QA , is like kena TOTO.... If No QA also, SONA wil pay me 0.45 per share..... still 8% profit.... =)

2nd account = aka Sona ATM....bought Sona @0.43-0.435 and sell @0.45-0.47.... Been repeating this for n-times and made profit.... and will continue doing so until my ATM Spoil..... =)

And still i see people trashing / rubbishing / c*ocking about Sona everyday.....
Why not use the time to Earn profit and share SONA news instead of talk bad about my ATM Sona.

PS* DO Prove me wrong if u have Solid point.

1st account = bought Sona and wait for QA...... If got QA , is like kena TOTO.... If No QA also, SONA wil pay me 0.45 per share..... still 8% profit.... =)

2nd account = aka Sona ATM....bought Sona @0.43-0.435 and sell @0.45-0.47.... Been repeating this for n-times and made profit.... and will continue doing so until my ATM Spoil..... =)

And still i see people trashing / rubbishing / c*ocking about Sona everyday.....
Why not use the time to Earn profit and share SONA news instead of talk bad about my ATM Sona.

PS* DO Prove me wrong if u have Solid point.

BBB79..... hahaha.... u didnt see the Q for 0.01??
many think alike.... i few it few hundred too..... but i dont think people selling at 0.01....
I set auto cancel Q if it reach 0.005

whoever contra.... sure GG

xD xD.... I been to this situation a few times....

Very Alike BIG SMALL in Genting...... Buy Small Small lor.....
Win = x2 or x3 return.....
Lose = bankrupt all ur money in there...... (FullStop)

And i see someone saying management trying not to let DELisTED happen,
but If Director Sell, Worker Sell, Investor sell....... Do u think they are doing their best??? xD

If Sona No flyy, other SPAC IPO no hope d.....

Just small small..... bought few lots just to average down the price....

today -3.5%..... might see it recover next week.... this week badly hit for properties....

Average down ....bought in @2.24.....
Good or bad move >.<
I crazy d..... buy in when all running away.... >.<

All I can do is Average down... =.=
Bought alot @2.35 =.=

Finally PatiLemas already...... RIP

catch a falling knife = die

derrickinvestor @kutty.....dont buy this counter.... go buy sumatec if undecisive....
15/11/2013 21:04

Derrick, sumatec @0.52 - @0.55 like above, u keep calling people to buy in Sumatec here and there, a PN17 company...
I fear some of them might listen to you to buy Sumatec at HIGH....

just 1 day, today SUMATEC drop to @0.39.....current price @0.41

IS NEGATIVE 20% ......... what do you have to say about this>? Pretend nothing happen??

Derrick, sumatec @0.52 - @0.55, u keep calling people to buy in Sumatec here and there, a PN17 company...
I fear some of them might listen to you to bought Sumatec at HIGH....

just 1 day, today SUMATEC drop to @0.39.....current price @0.41

IS NEGATIVE 20% ......... what do you have to say about this>? Pretend nothing happen??

@Kutty, Safety Net @0.435 for mother and @0.24-0.25 for daughter..... anything around there should be ok, you decide.
Then u can follow Mr, Beh huat huat everyday =)

careful weechin, support break badly...... don catch a falling knife....
another support will be below 0.15.... care trade for AT
just my 2 cents.....

Q to buy @0.14

This month less investor in market because KLSE past history bad every year during these 2 months, holding cash for precaution....
Hopefully after this.... like what Beh said.... =)