It seems sona is getting QA soon, share price is telling everything...people dare to buy price much higher than max refund (0.45)instead of cliq 0.645 (lower than 0.675) .
we are so unlucky to hold cliq...sigh ,hopefully it wont be "you are the chosen" one for no QA at the end.
Logically Cliq price should be above 0.80 if use sona price as benchmark .Is it make sense for most of the people jump in to buy Sona (for spac counter)instead of choose Cliq just because its fund size bigger,even its price already much higher than max refund 0.45 without announcement QA(same as Cliq )?
How do you know that it must be come first? Then coming IPO "reach" everybody should throw sona & cliq to swift to reach. (dont forget ,cliq has shorter times to conclude QA compare to SONA).
Maybe stock market is really hard to predict.....sometimes is so weird.
This is investment not prediction. If u wan to predict, genting is the best place. You can always predict the number if you throw a dice, roll the ball, or next card to be out...,
Derrick, u r right, it is not like buying vege in the market. It is all depends on the efficiency and effectiveness of the management. If Hibicus can do it in 3 months after the IPO, with even smaller capital in that time. I think Cliq management really have to reassess their own performance.
Callme777, yes QA has been identified, but can they get it or lose out in the bidding ? Aiming is one thing, winning the target is another story. I just hope this bunch of bugger really know how to manage the company, don't let their younger brother, SONA, outperform them which it is very likely to happen very soon.
Sona wa price has surpassed Cliq wa, it looks like very soon Sona mother share will follow. It is really shameful if I am part of the management team.
Billionhair how can you judge company just becoz its wa went reverse. It is all speculative and control by sharks. Now sharks goreng sona wa u say yeah sona is better. When sharks goreng cliq wa, then u say cliq better. I would say just wait and see who will get first not based on counter price
Derrick, usually the same kind of people come and bash at cliq management... those people want to have huge return in very short time. Obviously when this is not happening, they get emotional. to whoever not happy with a counter, feel free to offload your share and go to another counter with "better" management. You guys know what is a SPAC, it is basically a blank cheque. Regarding Hibiscus, I don't call that a success just because the share price has gone up. Better look at their position, it is not really easy to venture into exploration.
Sona being the younger brother of Cliq, u see the share price, it has stand well above the guarantee price of 0.45. Compare to this counter, from the peak RM 0.85 it dropped till RM 0.65.
Now sona-wa price has surpassed cliq-wa, sona mother share is coming closer to cliq mother share.
Overall KLCI has increased from 1697.77 points in april 2013 until 1873.38 last friday.
Huge profit in short term ?? Cliq lose out all the way in comparison against the overall stock market benchmark KLCI or peer comparison Sona Petroleum Please look at the fact and number before you open your big mouth to talk.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
YANG231011
40 posts
Posted by YANG231011 > 2014-05-29 17:17 | Report Abuse
It seems sona is getting QA soon, share price is telling everything...people dare to buy price much higher than max refund (0.45)instead of cliq 0.645 (lower than 0.675) .
we are so unlucky to hold cliq...sigh ,hopefully it wont be "you are the chosen" one for no QA at the end.