Posted by eagle > 2013-08-21 11:31 | Report Abuse

Slow acquisition compounded by uncertain domestic economic outlook. Crude going up? Potential asset becoming too expensive to meet required threshold return? Top management need to engage and give update. This is getting nowhere.

Posted by SPAC88 > 2013-08-22 09:29 | Report Abuse

Very disappointed Too slow in capturing the QA Now the MYR3.31 Based on the current exchange, the company only left with USD100m to go around What company can they buy now to generate enough revenue??? Look at Hibiscus, one small block in Oman also cost USD50m Better switch to SONA cos they still have USD180m and the QA in Africa is firming up soon.

Posted by SPAC88 > 2013-08-22 09:34 | Report Abuse

It's all about opportunity cost gone even though they have the protection of 0.675.

Posted by SPAC88 > 2013-08-22 09:34 | Report Abuse

Have to admit SONA has the better management team

Posted by callme777 > 2013-08-22 10:08 | Report Abuse

But I thought they can always call for additional cash if the need arises.?

Posted by SPAC88 > 2013-08-22 10:19 | Report Abuse

not possible cos you need to capture one QA then you are no longer called SPAC Thereafter this stock will become company like Hibicus

Posted by SPAC88 > 2013-08-22 10:21 | Report Abuse

You can only raise more money when you are no longer SPAC With the existing money also cannot kow tim who will give you more money?????

Posted by callme777 > 2013-08-22 10:26 | Report Abuse

I read from past forumers that the management has identify 5 potential QA? And 2 are with external or independent consultants. So, maybe it's just about timing..? Or are u saying that with higher usd and crude oil prices that all these so called potential QAs are now gone?

Posted by eagle > 2013-08-22 10:38 | Report Abuse

not totally gone, but the economics had changed.Therefore, CLIQ management will face difficulties in negotiations as they have to weigh different set of economics. The seller might be on an andvantage side as well if CLIQ is desperate. The CLIQ management need to grab opportunities fast and not drag negotiations until teh cows came home.

Posted by callme777 > 2013-08-22 10:46 | Report Abuse

Ohhh.... That makes more sense. So there is still hope. Give these guys a chance. It's only been less than 5 months. Patience .....

Posted by elmo888 > 2013-08-26 23:36 | Report Abuse

for sure there is a hope but pay more and it will affecting the future earning. Unfavourable for SPAC now is MYR Forex badly drop, crude oil up, change of economy sentiment, bad timing. The Cliq management have to work extra hard... they have 2.5 years to go .... unlike Hibiscus they have been through the stage of QA and mid of Oct they are ready to drill the well at Oman.

Posted by hybrid2013 > 2013-08-26 23:41 | Report Abuse

Paid up capital smaller compared to sona n quite challenging when myr is weakening, could be further delay

Posted by loryau86 > 2013-08-27 23:15 | Report Abuse

SPAC BOOM Updated!

HOW WORST COULD IT BE?

http://www.loryau.blogspot.com/2013/08/spac-boom-part-4-how-worst-could-it-be.html

Posted by callme777 > 2013-08-29 09:42 | Report Abuse

Vol is higher than average the past few days. Just bought some at RM0.605 and all belong to one selling broker house. My guess, these guys are churning vol and. Creating false seller impression ... Time to accumulate...

Posted by callme777 > 2013-08-29 15:12 | Report Abuse

After accumulate, than push.... Haiz.... Classic. Now I sell to them what I bought earlier, guess what..? Same borking house as seller ..... No standard this syndicate

Posted by derrickinvestor > 2013-08-29 17:11 | Report Abuse

start push 2morrow :D

Posted by stonenut > 2013-08-29 19:55 | Report Abuse

Push near towards falling cliffs beware...

Posted by callme777 > 2013-08-29 20:21 | Report Abuse

Stonenut... Pls explain??

Posted by stonenut > 2013-08-30 01:02 | Report Abuse

Look at cliq management.. Nothing special... Even the capital less than sona... At least sona maznah got link with DRB hicom before.... Management for sona are far lot better than cliq..

Posted by calow1 > 2013-08-30 16:19 | Report Abuse

I thought ppl of cliq very strong oil n gas background

Posted by derrickinvestor > 2013-09-02 14:32 | Report Abuse

Buy Cliq now... QA in Nov is not far away

Posted by BabyTrader > 2013-09-03 03:43 | Report Abuse

derrick where you get the QA news?

Posted by eagle > 2013-09-03 09:49 | Report Abuse

aiyaya....not substantiated maa...

Posted by Eugene91 > 2013-09-03 09:50 | Report Abuse

look at the warrants hmm..

Posted by TANCHINMING > 2013-09-03 10:22 | Report Abuse

WHAT IS QA?

Posted by derrickinvestor > 2013-09-03 10:45 | Report Abuse

Ask yamatotrading.

Posted by yamatotrading > 2013-09-03 15:07 | Report Abuse

QA means Qualifying Acquisition

Posted by derrickinvestor > 2013-09-03 15:11 | Report Abuse

@yamatotrading BabyTrader ask where I get news... so I say from yamatotrading the guru :D

Posted by derrickinvestor > 2013-09-03 15:14 | Report Abuse

market is very sleepy today

Posted by BabyTrader > 2013-09-03 16:22 | Report Abuse

yamato guru where you get the news?

Posted by yamatotrading > 2013-09-03 18:45 | Report Abuse

hi bro @babytrader. i got my source and is just too P&C to mention it. It might sounds a bit rude but it is your call to believe or not...

Posted by callme777 > 2013-09-04 09:30 | Report Abuse

You mean you guys are still watching the stock? Aiyo, anything below rm0.675 is still rm0.675 bruther.... Just don't watch it. I just read the newspapers everyday and hope one day I see good news. Don't stress yourselves up, go and work and enjoy.... Let the money make more money for you. Watching it will not lower yr stress neither will the stock go up.... Stay cool guys

Posted by stonenut > 2013-09-04 09:32 | Report Abuse

Guys just see it after 1 year.. Don't see everyday... Same to SONA as well...

You can't buy the lowest and sell the highest... But I believe cliq and especially sona can reach high TP...Just matter of time.....

Posted by Kutty123 > 2013-09-04 09:34 | Report Abuse

then only buy next year loh

Posted by yamatotrading > 2013-09-04 10:06 | Report Abuse

im not looking at it also. LOL. MYR started to gain strength and impact on the QA should lower from the peak.

Posted by mmtalents > 2013-09-04 11:33 | Report Abuse

buy Indo QA lah, their currency affected too, QA values might be cheaper in this volatile moment if the owner willing to let go cheap, it is not all bad actually, could have more opportunity as Cliq QA are from countries affected by QE and currency volatility

Posted by derrickinvestor > 2013-09-04 15:04 | Report Abuse

@stonenut suddenly u support cliq.... i think tomorrow Cliq & Sona sure boom

Posted by TeddyRiley > 2013-09-04 16:04 | Report Abuse

good to know that stonenut

Posted by phyroxus > 2013-09-10 16:35 | Report Abuse

ppl naik, stock ini tak nak naik

Posted by hwptrader > 2013-09-12 20:58 | Report Abuse

Rotational play it will come!

Posted by Azhar Mohd Mokhtar > 2013-09-12 21:04 | Report Abuse

Yes wait for rotational play :)

Posted by hwptrader > 2013-09-17 16:47 | Report Abuse

this counter really test your patience

Posted by zamsaham > 2013-09-19 18:46 | Report Abuse

holding 200K @ 0.76, 300K WA @ 0.485 ; bought in May 17 :(
Still loooooooooooong way to go

Posted by necro > 2013-09-19 18:51 | Report Abuse

Aikkkk....zamsaham xkan main lose?
Dont use ppl name la....

U muz be ank murid zamsaham y xbuat diary ni...,hahahaha

Posted by rapizan > 2013-09-20 15:48 | Report Abuse

better buy TAS ...now price under value...

Posted by hwptrader > 2013-09-20 16:27 | Report Abuse

rally rally...!

Posted by feez_83 > 2013-09-25 12:23 | Report Abuse

buy, buy,buy....

Posted by SJSOON > 2013-09-25 12:31 | Report Abuse

feez_83: why buy? Do you foresee any big announcement regarding the asset acquisition in near term?

Posted by Raymond > 2013-09-25 15:12 | Report Abuse

Give up on this counter .... gonna move to Sona instead

Posted by albertng > 2013-09-26 06:43 | Report Abuse

Ramond any news for sona?