hahaha, QA? secured QA will drop like sona, better dont secure, return cash to shareholders la, or just buy few petrol stations also can hahaha, why not jv with sona, or go buy stake in sumatec haha, also can, 90million USD wanna buy a field, only hibiscus can do it, cliq management omggg
They are pushing up because of AGM. They are going to tell u there is a QA coming. Don't trust them anymore. Vote to throw the board out and make them return u the money and close shop. Don't get cheated anymore. Stand up for yr right as minority shareholders
look on the chart trend, the peak happened in early april.. mid may.. and now early july... exactly every 1.5 month... hehehe cycle of bulls*it or something? :p
Clip mgmt. Don't worry.. I even had triple up your shares.. why early you buy this counter? I will keep in till another 6 months to 1 year. Ignore few people in this website talk bad on this counter... even thought up. 80 cents.. keep it.
one important question. the nett cash return will be 90% of IPO price per share or after deducting expenses??.... if it is the later case, the the nett return per share is not 90%, it is 90% minus whatever costs (god knows how they going to declare what cost or just the delisting fee?)
have you been in a team where there are too many smart people and nothing is moving because everybody is arguing and have their own opinion on how to do things?....I think that's why cliq still doesn't have a suitable QA yet....i'm just saying out loud after looking at their management profile...jangan marah.
Guys - Any insider news when QA is forthcoming - They are the only one left without a QA. I believe one should have been identified by now............................
if HIBISCUS, SONA, SUMATEC can find good O&G assets, why can't CLIQ? It's obvious that CLIQ management is only there to enjoy the 10% money they raised during IPO. After 3 years, they just return the 90% to existing shareholders. BUTA MONEY for CLIQ management, for doing NOTHING!
MALAYSIA’S CLIQ Energy may end the mystery around Australia’s mid-cap oil and gas group Roc Oil, which surprised the market in June by revealing an unidentified third-party suitor during its controversial merger process with peer Horizon Oil.
“CLIQ Energy is interested in Roc Oil as long as they meet our requirements and at the same time we are also pursuing other assets either as our QA (qualified acquisition) or post QA to create a balance portfolio,” CLIQ told Data Room in an email last night.
CLIQ is a special purpose acquisition vehicle listed in Malaysia. One of its independent directors is Andrew Young, who was the managing director of Anzon Australia, bought by Roc Oil in late 2008.
Industry experts and bankers had been scratching heads to figure out who is the new suitor for Roc, after the company said it received an indicative, non-binding and confidential approach by a third party.
Different sources have suggested domestic players such as AWE, Beach Energy, Senex Energy and Hong Kong-based Brightoil Petroleum, but Data Room found these companies are not involved.
Sona Petroleum, another special purpose acquisition vehicle listed in Malaysia, earlier denied it was involved.
CLIQ, founded in 2012, says on its website it will focus on small and medium-sized discovered oil and gas fields with relatively low to moderate risks, as well as pursue opportunities in the development and production of other oil and gas fields.
In April, Roc and peer Horizon Oil entered into a merger implementation deed, including exclusivity provisions such as a “no-shop” restriction, a “no-talk” restriction and a notification obligation in respect of any unsolicited approach.
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....
bathgel
265 posts
Posted by bathgel > 2014-07-04 12:24 | Report Abuse
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