Posted by speakup > 2015-03-25 09:48 | Report Abuse

I believe in ...... MYSELF :-)

Posted by menly > 2015-03-25 09:54 | Report Abuse

aiyoo prc4wifefe aaa u must read betul betul.

sona last time want buy usd500mil of course la more oil. this cliq buy only usd117mil maaa...
u can count or not?

Posted by menly > 2015-03-25 09:56 | Report Abuse

and sona want buy itu laut punya oil. keluar minyak cost very high.

cliq buy on land oil field one. keluar minyak cheap cheap.

Posted by menly > 2015-03-25 09:58 | Report Abuse

my broker told me those buy cliq shares cheap cheap last time want make profit and sell fast fast. those short term people.
i will buy more as long less than 70sen. buy little little only no have
deep pocket.

Posted by prc4wifefe > 2015-03-25 09:59 | Report Abuse

menly apalah u ni!!???

thing is SONA deal during USD100/bbl...and they pay USD280million...
this is only 2 times more lah!!!

Posted by speakup > 2015-03-25 10:00 | Report Abuse

menly, also Sona QA with Salamander was when crude oil around US$100/barrel. Now oil is around US$50/barrel. Good time to pick up oil assets, at fairer valuations rather than inflated valuations.

Posted by Keng Seng > 2015-03-25 10:01 | Report Abuse

as i said, smart people know what they have invested in... obviously this is a good deal... whoever do not wish to hold, please sell now... anyway congrats to those who hold, after kase listing, there will be rewards to shareholders...

Posted by speakup > 2015-03-25 10:05 | Report Abuse

as like all investments, this QA has its own set of risks. There are many reasons to buy Cliq, just as there are risks to this invesment.
So...... DONT PUT ALL YOUR EGGS INTO 1 BASKET.

Posted by menly > 2015-03-25 10:18 | Report Abuse

aiyooo forgot aaa itu sona buy usd280mil with hutang usd140mil one to get 40%.
and sona target 5000-6000 barrel oil a day.
bodoh punya orang.
http://www.thestar.com.my/Business/Business-News/2014/06/16/SONA-PETROLEUM-EXPECTS-REVENUE-FLOW-BEGINNING-FY2014/?style=biz

ini cliq current production 1400 barrel a day and target 7500.
which one better deal meh?

Posted by bathgel > 2015-03-25 10:22 | Report Abuse

why drop ???

Posted by prc4wifefe > 2015-03-25 10:22 | Report Abuse

memang matematik banyak bagus...cliq 51% ajelah...

5 tahun nanti baru 3800...ya....buy!!!

Posted by speakup > 2015-03-25 10:29 | Report Abuse

bathgel, short term traders/speculators selling.

Posted by menly > 2015-03-25 10:57 | Report Abuse

prc4wifefe think smart one so can read The Star
it said 7500 barrel.
you read source from where? langit aaa?

articlehttp://www.thestar.com.my/Business/Business-News/2015/03/25/CLIQ-to-invest-in-oil-fields/?style=biz

Posted by menly > 2015-03-25 11:02 | Report Abuse

walaweiii heavy trading aaa and price start picking up.
closing sure get yesterday price back or almost reach 70. maybe la.

Posted by darryltee > 2015-03-25 11:04 | Report Abuse

hold for 5 years then price multiply by 5 :)

Posted by pfhong > 2015-03-25 12:03 | Report Abuse

Menly, 7500 is total production, but Cliq only hold 51%.

Posted by darryltee > 2015-03-25 12:07 | Report Abuse

half is good than enough.. worth holding this share, plus when oil recover kan cantik?

Posted by menly > 2015-03-25 12:07 | Report Abuse

ic ic but still better than sona taking only 40% for 6000 production rite?
and sona paying usd280mil with usd140mil loan.

Posted by Bilis Bilis > 2015-03-25 12:09 | Report Abuse

@ALL 28bilis

Posted by Bilis Bilis > Mar 25, 2015 10:37 AM | Report Abuse X

Aiyoyo.....this is a (SHARK's ENGINEERED) very shrewd pull-back for mopping up of the t+4 force-selling in the morning......cheap BUY BUY BUY NOW!!!....CLIQ-WA

-------------------------------------------------------------

Posted by Bilis Bilis > Mar 25, 2015 11:52 AM | Report Abuse X

REMEMBER THIS : CLIQ-WA has provided a very CLASSIC example or case study or precedent for our defence strategy for a long long time to come WHEN:

1. the counter has fooled and trapped many many generations of hopeful buyers before...since may-july2013 @0.555-----the sharks is cruel cunning,ruthless and shrewd--they dont care a hoot about company's fundamentals,here--letting the company's financials rot (ROT) until now

2. the counter is suspended (March23)3,30pm BEFORE 4pm force-selling for that specific day

3.the counter is suspended with ONE additional day (for no required or necessary reason) so triggering ALL the t+3 and T+4 piling up (march 23 onwards)of into this morning force-selling

4. Reopening day(today) morning FIRST MINUTE(09.00.00) persistent and continuous (70 transations on the SAME SPLIT OPENING-SECOND ie 09.00.00) and heavy (first minute 09.01.00 35,606lots throw-down

5. At the bottom price (doji of 19March 0.165 -check your daily chart),hold down the 0.165 (buying price) by their own stationed-sellers of 26594lots(0.170) 15245lots(0.175) 12137lots(0.180) 11983lots(0.185)---this will FORCED ALL THE BEWILDERED/CONFUSED BILIS-BILIS to VOMIT/THROW the whole "kitchen n sink" back to them

6. This is the best of "MAO-SAN" mopping-up n MANIPULATION of weak n confused retail-market I have seen

to be

Posted by bjgdila123 > 2015-03-25 12:12 | Report Abuse

pejam mata beli

Posted by speakup > 2015-03-25 12:12 | Report Abuse

it's a good deal. good timing too, when crude oil is very low. kudos to Cliq management!

Posted by darryltee > 2015-03-25 12:18 | Report Abuse

kudos your kudos - speakup

Posted by menly > 2015-03-25 12:20 | Report Abuse

wahhh trading so heavy aaa double than average.
so many people selling for short term profit. those buy 60-62 sen few months ago now smiling to bank with 10% profit.
aiyoo must tamak and wait little bit more and kaw kaw profit.

Posted by menly > 2015-03-25 12:23 | Report Abuse

this Bilis Bilis guy must be very smart broker pujuk others selling.
must want to corner market this guy aaa.
Bilis Bilis u wanna buy tunggu 75 sen i kasi u semua.
20% profit i be very happy.

Posted by kleboy > 2015-03-25 12:42 | Report Abuse

Betul - Betul down

Posted by NOBY > 2015-03-25 13:04 | Report Abuse

downside should be limited for mother share... cause you can get back your money by rejecting the QA. Cash per share should be about RM 0.69 based on latest accounts. I dont understand the reason for the sell down....

Posted by Bilis Bilis > 2015-03-25 13:08 | Report Abuse

Posted by menly > Mar 25, 2015 12:23 PM | Report Abuse

this Bilis Bilis guy must be very smart broker pujuk others selling.
must want to corner market this guy aaa.
Bilis Bilis u wanna buy tunggu 75 sen i kasi u semua.
20% profit i be very happy.

================================================================

Your "menly"ness must be meaning "eyes and brain grown on the buttock"--ability to see the EXACT OPPOSITE OF THE REAL WORLD---go re-fit your eyes and brain back to where it's supposed to be (the head) then only check and read of bilis-bilis past-posts and use your "normal" brain to think what we have done so far...the 28bilis group...human organ functions is wasted on you....SAD SAD SAD ..........

Posted by menly > 2015-03-25 13:14 | Report Abuse

i understand u bilis bilis...
lu otak bilis bilis punya size so mesti mau kesian sama u

Posted by pirate99 > 2015-03-25 13:22 | Report Abuse

Aqst'n doest looks very rewarding to me.. current prod'n 1400barrel/day.. need more time,say 1-3years to do drilling and increase No# of producing well to hit 7500b/d.. some % of that 7500 is water i guess.With current brent crude price if they hit breakeven or make some profit i consider lucky already.. *sigh..

Posted by prc4wifefe > 2015-03-25 13:47 | Report Abuse

2 years listed and they managed to acquire a field that will give them 700boepd...superrrr

Posted by prc4wifefe > 2015-03-25 13:47 | Report Abuse

...and what is the PAT for Phystech past few years!???

Posted by Superb99 > 2015-03-25 14:01 | Report Abuse

my broker said the price will go up once the announcement is done...it is clearly a trap again...

Posted by skybursa > 2015-03-25 15:14 | Report Abuse

Super? Super because the price drop? Super like sona

Posted by Unbeatable Nick > 2015-03-25 15:25 | Report Abuse

its the overall sentiment.....most still wary about oil & gas counter

Posted by menly > 2015-03-25 15:36 | Report Abuse

drop not as bad as sona after announce then jatuh like kaw kaw batu from sky.
this one really short term ppl profit taking.

Posted by speakup > 2015-03-25 15:45 | Report Abuse

Sona drop big because they were buying something which they clearly can't afford, had to take a big bank loan.
Cliq's case is different. There is no bank loan, just an installment on the remaining RM100mil balance at 6% interest. Gearing only 0.2x%, which is very healthy.

Posted by Wolverin3 > 2015-03-25 16:37 | Report Abuse

Smells very like the sharks have done this. If you watch the queuing, really looks like a syndicated thing

Posted by nice1 > 2015-03-25 18:45 | Report Abuse

cliq's acquisition looks overpriced, forecast oil price usd70 for 2015 & increasing
if such optimicstic oil pricing is used in calculating IRR
then, not so good

Posted by mililia > 2015-03-25 18:50 | Report Abuse

CLIQ's case is different from Sona's. Sona was traded way above its cash level, in fact, easily 15-20% above its listing price of 50sen. CLIQ will likely trade above cash level of RM0.70 once all the weak holders are gone. And I'm not surprise at a premium of its listing price of RM0.75 with the completion of the QA.

Cash price for CLIQ assuming 3.0% compounded interest is RM0.74.

Posted by optimusprime > 2015-03-25 20:27 | Report Abuse

spac is just blank cheque for the mgr to buy anything at whatever valuation as long as SC approve it.

yes u can vote against it and get back your money, but how many shares u have to make a change?

not forgeting money has its time value. and opportunity cost.

Posted by NOBY > 2015-03-25 21:02 | Report Abuse

Mililia, your assumption of 74 sen is at expiry. If QA goes through the cash tht will be returned to you today is about 69 sen only.

Posted by seanteoh > 2015-03-25 23:43 | Report Abuse

Why The Price Of Oil Is More Likely To Fall To 20 Rather Than Rise To 80
By Michael Snyder of The Economic Collapse
Monday, February 16, 2015 6:02 AM EDT
This is just the beginning of the oil crisis. Over the past couple of weeks, the price of U.S. oil has rallied back above 50 dollars a barrel. In fact, as I write this, it is sitting at $52.93. But this rally will not last. In fact, analysts at the big banks are warning that we could soon see U.S. oil hit the $20 mark. The reason for this is that the production of oil globally is still way above the current level of demand. Things have gotten so bad that millions of barrels of oil are being stored at sea as companies wait for the price of oil to go back up. But the price is not going to go back up any time soon.

Posted by ogre > 2015-03-26 01:18 | Report Abuse

comparing asset value based on 2P reserves:
Sona: 40% (12.5 Mbbl net @ usd 250M) ~ 250/12.5 = usd 20/bbl (cost)
Cliq: 51% (20.1 Mbbl net @ usd 117.3M) ~ 117.3/20.1 = usd 5.84/bbl (cost)
Hibiscus: 25% (4.25 Mbbl net @ usd 18M) ~ 18/4.25 = usd 4.24/bbl (cost - Talisman Kitan field - pending approval)
Sumatec: 100% (68.87 Mbbl net @ usd 190M) ~ 190/68.87 = usd 2.76/bbl (cost)

Posted by speakup > 2015-03-26 09:29 | Report Abuse

ogre, you are right. Sona USD$20/bbl versus Cliq US$5.84/bbl versus Sumatec US$2.76/bbl. That is why Sona plunged when it announced the QA. Cliq dropped a bit only because of short term traders/speculators sell on news.

Posted by chanking > 2015-03-26 12:00 | Report Abuse

I don't think they got so much money in bank. look at their balance sheet.
take the amount of money divide by outstanding shares - not enough for 72 ??

Posted by slch99 > 2015-03-26 13:09 | Report Abuse

I REALLY DON'T KNOW WHAT TO DO ADY,I HOLD THIS SHARE MORE THAN 1 YEAR,KEEP DISAPPOINT ME.....FOR MOTHER AT LEAST STILL CAN GET REFUND...BUT MY DISASTER IS I HOLDING A LOT OF WARRANT AND MY AVG PRICE OF WARRANT IS 0.30
CURRENT PRICE ONLY 0.16 :(((((

Posted by bukithot > 2015-03-26 13:21 | Report Abuse

take the amount of money in the trust divide by outstanding shares of IPO investors only.
Initial Investors are not entitled to distribution of money held in trust.

Posted by prc4wifefe > 2015-03-26 13:25 | Report Abuse

slch99...dun worry ...the sifus in cliq say later will reach 80 sens!!

Posted by speakup > 2015-03-26 15:54 | Report Abuse

crude oil price going up due to saudi attack on yemen. looks like Cliq did their QA just in time, they bought the asset dirt cheap!

Posted by speakup > 2015-03-26 15:56 | Report Abuse

bukithot is right.