next quarter result likely bad from forex losses

wah, drop everyday
no ending to shareholders misery for those bought above 2, 3, 4

drop few cts everday
one day will create a big waterfall

waterfall

will the bank's licence being suspended for money laundering
or force merger

Posted by koi koh > Jul 8, 2015 09:36 AM | Report Abuse

money laundering bank

foreign funds with more than 40% stake, once all cleared
will go below 1.0, perhaps 80cts

there is no tmrw
1.0 coming

crashing

just curious about borneo oil history

last time, sugar bun, doing fried chicken
then change to borneo oil, going into oil&gas
now, going into gold mining

wow wow

next time bomb will be 1mdb power asset takeover
brace for further waterfall

this counter really jialat
crashed from 1.25 ipo
never see daylight
die from day one of listing

airlines buz, stock to avoid
even warren buffet also lost in airline stock

if AA is not doing well, what do u expect from AAX - worse

assuming oil price now is usd100 to usd110, and the salamander deal gone through
the share price is 1.0, wa at 60cts
then, everyone will say the directors are very good, best in the world, got magical touch...
all happy with their investment profit

but, in actual situation, we are in dumbfuc senarios, the opposite
all incurred losses, groaning, moaning, grieving, screaming...

it is not whether the directors are capable or not
spacky is a high risk investment and we are all caught in a downfuc cycle

all the directors and management team add together with over 300 yrs of experience will come to nothing if there is no results or no good QA

there is nothing to see in this stock as we go through further market turbulence

Hope, things can only get better at end of 3Q. pray pray pray

Only A superb QA assets at good price can only save our investment later esp those bought at high prices. sigh sigh sigh

selling pressure mounting, 1.57

I think this one can still go lower to 1.0 bucks if foreign funds keep selling, their stake is more than 40%

most stocks recommended by him are hot stocks and for trading purpose
those who buy and hold, die lor


Posted by speakup > Jun 26, 2015 11:03 AM | Report Abuse

ever since Dali recommended to buy..... it's downhill all the way.

focus weekly

umwog has few rigs with petronas

news in focus, PETRONAS shutdown 14 rigs, from 18 oil rigs to 4 active rigs

when I sold at good price at that time
don't think the profit was sustainable with huge loan taken to finance
the takeover

Find good QA is not that easy and will take time to search and do the due D.
Don't think Sona want to take any QA for the sake of getting it soonest possible.

I think there is still time to complete in a year if one good QA is secured & announced before end of 2015. One QA that meets the criteria of IRR at least 15%, producing oil fields, and onshore or at shallow water.

It was told to all shareholders, they are looking at 4 potentials QAs - 3 in Asia and 1 in Africa
From these 4, there is a likelihood that 1 will be the QA to be announced bfore end of this year.

The directors cant say much about the potential QAs during AGM for confidentiality purpose before any announcement and for further due D.

However, if there is a surprised, an even better QA (than the 4 QAs mentioned above) comes along during this short period, they will surely be interested to go for it.

No point rushing into one QA for the sake of getting one and missing an even better one later, if any.

We need fully understand Sona's game plan though having one QA early is more for comfort than nothing.

I will be anxious if nothing is announced by end of this year or perhaps by end Oct/Nov 2015

Comes end Oct/Nov 2015. I will start doing the countdown and feeling impatient.

I guess after the bombardments by shareholders during AGM and for their own sake, something good will come out sooner than later.




jacklintan Like it or not, @Micheal_Lee, are u suggesting they are lying? Is that is so, better lodge a report to Bursa.

25/06/2015 23:05

wah, price so low now
much below my selling price
goring game over

wow wow
kuat goring

reversal back to newer low
bad sign
more waterfalls

KUALA LUMPUR (June 24): Malaysian special-purpose acquisition company Sona Petroleum Bhd is looking to buy onshore shallow water oil and gas production assets in Southeast Asia and hopes to conclude a deal by year end, said its Managing Director Hadian Hashim.

"We are very confident," he told reporters when asked if the company could seal any acquisitions by year end. He was speaking after the company's annual general meeting on Wednesday.

Posted by Eddy Khoo > Jun 25, 2015 08:05 AM | Report Abuse

any indication of asset that they have in mind? there are definitely some shallow water- marginal production asset up for sale due to high operating cost of some of the major player

are the traders and syndicates back to goring the stock?

pls goring as high as possible, god willing



Posted by Devilishlywise > Jun 25, 2015 01:02 AM | Report Abuse

This stock gona skyrocket tomorrow ...do buy !!!

sudden waterfall today

I heard the AGM completed in about 1.5 hours was quite fiery, attended by many shareholders

Overall it was quite informative.

the directors know that they cant sit on the butt without getting the results

I was told it was quite a stormy AGM

KUALA LUMPUR (June 24): Malaysian special-purpose acquisition company Sona Petroleum Bhd is looking to buy onshore shallow water oil and gas production assets in Southeast Asia and hopes to conclude a deal by year end, said its Managing Director Hadian Hashim.

"We are very confident," he told reporters when asked if the company could seal any acquisitions by year end. He was speaking after the company's annual general meeting on Wednesday.

Sona Petroleum in January scrapped plans to buy a stake in two oil and gas blocks from London-listed oil exploration and production firm Salamander Energy Plc in the Gulf of Thailand for $280 million.

The termination followed London-listed Ophir Energy Plc's proposal to buy Salamander via a share swap.

worst, ala IPP, over-paid IPP and in-return get huge contribution from seller and used for political funds!!!

Posted by supernova > Jun 23, 2015 02:35 PM | Report Abuse

agree. i always suspect those top mgt want to get free business trip and second family there

Reminder to all shareholders:-

Invitation from Tok Hadi to all shareholders to attend AGM, lunch provided too

Agm is 24 June 2015 (tomorrow).Meeting at 11am. At mahkota ballroom, istana hotel. Jln raja Chulan

sometimes, good to attend AGM to get first-hand info and comfort too

too stressed out also wont help, nasi sudah jadi bubur liao

David, u coming for AGM?

Jacklintan - u need to have sona mother share registered in your name on 17/6 or if you have no shares then submit your friend proxy form before 11 am this morning to their registred secretary office.

once u have done either one of the above, bring yourself and IC to the event

Lunch provided but transport is on yr own


jacklintan @nice1: What do I need to get if I wanna go for AGM ?

22/06/2015 15:10

YC Ma & Michael lee, u guys coming for AGM
Tok Hadi already prepared a VVIP table for u

Invitation from Tok Hadi to all shareholders to attend AGM, lunch provided too

Agm is 24 June 2015.Meeting at 11am. At mahkota ballroom, istana hotel. Jln raja Chulan

Invitation from Tok Hadi to all shareholders to attend AGM, makan makan provided too
those cant attend, need to submit proxy form soonest possible
sorry - transport not provided

Agm is 24 June 2015.Meeting at 11am. At mahkota ballroom, istana hotel. Jln raja Chulan.

watch next level around 12.00

Abudance, I fully support your view
If need to pay director fees, proposed that the fees is used to buy WA for them instead



Abudance Agm is 24 June 2015. Less than 11 mths to go before wa expires. So no wonder it dropped so much! Meeting at 11am. At mahkota ballroom, istana hotel. Jln raja Chulan.
Vote that directors fees be used to buy Wa so that they get off their bums to do some work or they lose it also!!!
18/06/2015 13:44

hope EPF don't use our money to support the counter

crashed at last

see posting on 9/6 - now u believed or not
no more 13

Posted by nice1 > Jun 9, 2015 12:51 PM | Report Abuse X

last few windows of opportunity you see at 13.00 bfore plunging into wilderness

deposit paid is rm655m, in tday paper

oh wow, oh wow

how much deposit paid?

heard in the news, FGV already paid deposit for Indon deal

ECOWORLD International can list directly meh? without track record

can list, then is a miracle

EPF selling
foreign Funds selling

now TF has twin problems, AA and AAX

die die

that is true, if no QA or QA not approved - telur

Posted by speakup > Jun 17, 2015 11:04 AM | Report Abuse

if no QA by next year, warrent will be 0 cts.