CLIQ ENERGY BERHAD

KLSE (MYR): CLIQ (5234)

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Last Price

0.72

Today's Change

0.00 (0.00%)

Day's Change

0.00 - 0.00

Trading Volume

0


5 people like this.

4,370 comment(s). Last comment by phyroxus 2016-11-15 21:13

Posted by tiewveehun > 2015-07-27 17:18 | Report Abuse

Maybe you should blame her father, why xxx her mother and birth tis kind of son !

Posted by CLIQmanagement > 2015-07-29 10:46 | Report Abuse

cliq management is like government. Piece of shit !!!

Posted by ahjibrazak > 2015-07-29 14:01 | Report Abuse

I am going to create a OKU blog picture, with all their details !

eagle

388 posts

Posted by eagle > 2015-07-30 13:58 | Report Abuse

big volume, any progress on QA?

Posted by ahjibrazak > 2015-07-31 11:45 | Report Abuse

Director dapat gaji buta !!!

mililia

227 posts

Posted by mililia > 2015-07-31 21:46 | Report Abuse

On behalf of the Board, Maybank IB wishes to announce that the application in relation to the Proposed Acquisition had been submitted to the Securities Commission Malaysia today.

- No surprise why the share price is well supported.

Posted by yamatotrading > 2015-08-01 17:52 | Report Abuse

if SC approved, is CLIQ becoming sohai ?...

Posted by ahjibrazak > 2015-08-03 14:34 | Report Abuse

I think this sohai management is not going to get the approval, they just waiting the time to pass and get the salary !

kt888 88

313 posts

Posted by kt888 88 > 2015-08-04 16:42 | Report Abuse

Still alot ppl sapu Cliq-wa. Why?

Posted by ahjibrazak > 2015-08-06 13:36 | Report Abuse

sapu, I saw people sold only. Those stupid director do nothing with this company !

kt888 88

313 posts

Posted by kt888 88 > 2015-08-06 14:38 | Report Abuse

Credit Suisse Securities bought alot

Posted by yamatotrading > 2015-08-06 15:24 | Report Abuse

Credit Suisse buy and sell same price. wonder why

Posted by ahjibrazak > 2015-08-07 11:33 |

Post removed.Why?

Posted by ahjibrazak > 2015-08-07 11:36 |

Post removed.Why?

Posted by ahjibrazak > 2015-08-07 19:59 |

Post removed.Why?

Posted by ahjibrazak > 2015-08-07 20:44 | Report Abuse

Haven buy the asset they have been taken million of salary each person !

chung86

41 posts

Posted by chung86 > 2015-08-07 23:05 | Report Abuse

The two guys is a son of the b.i.t.c.h........

jasonor

1,004 posts

Posted by jasonor > 2015-08-08 01:43 | Report Abuse

cliq n sona like 1mdb... haha.. cilaka scammers company. pity all investor here holding until now no QA even when oil drop till 44usd/ barrel..

Posted by yumikolowchinxing > 2015-08-12 12:39 |

Post removed.Why?

Posted by yumikolowchinxing > 2015-08-12 12:40 |

Post removed.Why?

Posted by yumikolowchinxing > 2015-08-12 12:51 |

Post removed.Why?

Posted by yamatotrading > 2015-08-13 11:06 | Report Abuse

what was the post.. must be cursing very bad

ksyewks

104 posts

Posted by ksyewks > 2015-08-13 12:34 | Report Abuse

its coming !

Posted by derrickinvestor > 2015-08-13 15:49 | Report Abuse

yamato still holding a lot?

Posted by yamatotrading > 2015-08-13 19:04 | Report Abuse

still holding...

eagle

388 posts

Posted by eagle > 2015-08-17 11:17 | Report Abuse

high volume so early, panic selling?

Posted by yamatotrading > 2015-08-17 22:23 | Report Abuse

unless market collapse 50 to 100 points.. possible trigger some panic on Cliq.
Right now is just pure cash.

Posted by najibazak > 2015-08-18 15:48 |

Post removed.Why?

kt888 88

313 posts

Posted by kt888 88 > 2015-08-18 16:07 | Report Abuse

If that the case,Why the director still sapu cliq warrant at this time??

Posted by gudanggaram > 2015-08-25 15:21 | Report Abuse

Cliq: messy annual report
Cliq announced on August 3rd its annual report, on August 5th its amended annual report and on August 7th another amendment on the same report. The last amendment consists of seventeen pages, quite shocking.

I do understand that Cliq's Board of Directors is getting all excited about its possible acquisition, but it really should put more care in writing its annual report.

Kinibiz wrote a good article, clarifying the different motives for management and shareholders of a Spac:

"Misaligned management and shareholder goals: Spacs".

Some snippets:


For the management teams of Spacs, it is about getting a qualifying asset or acquisition at all costs, so the company can graduate to become a full-fledged company like any other on the bourse. Shareholders, on the other hand, want to get a nice return on their investments and this might come even if the Spac does not graduate.

Cliq has identified and signed a sales and purchase agreement to acquire a 51% stake in two producing Kazakhstan oil blocks for US$117 million (RM429.53 million as at the announcement date) from a local Kazakh company, Phystech Firm LLP. It is currently in the process of gaining regulatory approvals before being able to take it to its shareholders. Sona, meanwhile, has said that its management team is in advanced discussions over several assets and is confident they will meet their deadline.They had better be confident, because the alternative is losing their entire investment.

It comes down to this: the management team’s primary focus is to secure a deal so long as it allows them to graduate, while shareholders will be torn between the promise of eventual gains post-QA (possibly quite far in the future) versus a tidy risk-free gain at the end of three years.

Management and shareholders, two different agendas – only in the curious world of Spacs.

Posted by gudanggaram > 2015-08-25 15:22 | Report Abuse

The annual report compilation shall be lead by KBA, Kamarul Baharin bin Albakri,

eagle

388 posts

Posted by eagle > 2015-08-25 17:39 | Report Abuse

so, when is the approval of QA by SC?

Posted by yamatotrading > 2015-08-25 21:13 | Report Abuse

after QA succeed...with oil USD40 per barrel... losing money,,,

chung86

41 posts

Posted by chung86 > 2015-08-25 22:23 | Report Abuse

In this nov

mymooks

5 posts

Posted by mymooks > 2015-08-26 09:09 | Report Abuse

Need some advice.
Bought the Cliq-wa at 0.20. Not sure whether to keep and exercise the warrant. Trying to figure out whether worth keeping/waiting with current price is 0.06! Also, what would be the exercise price of the warrant.

Uncertain.

I wonder why director bought 500k of warrant.

Posted by CLIQmanagement > 2015-08-26 09:47 | Report Abuse

they buy 500k shares of warrant is peanuts for them. just RM30k.
dont be excited.

Posted by gudanggaram > 2015-08-26 10:31 | Report Abuse

perhaps the management set up an account here just to promote the 500k warrant purchased.

kt888 88

313 posts

Posted by kt888 88 > 2015-08-26 10:53 | Report Abuse

Becareful, maybe is a trap. They want to attract waterfish buy the warrant

chung86

41 posts

Posted by chung86 > 2015-08-26 13:46 | Report Abuse

No,yesterday i go to agm,and director told me he bought a 8 mil shares of warrant

mymooks

5 posts

Posted by mymooks > 2015-08-26 14:34 | Report Abuse

I do not have cliq shares but warrant. I do not know whether worth holding them.

Posted by gudanggaram > 2015-08-27 10:21 | Report Abuse

CHUNG86 which director

chung86

41 posts

Posted by chung86 > 2015-08-27 21:16 | Report Abuse

Ziyad and chan the vice president

Posted by gudanggaram > 2015-08-28 13:08 | Report Abuse

Oooo Ziyad the CEO and Chang the VP, anyway they themselves has been kept in the dark on certain matters as KBA the CFO like to do things without any one knowledge, that's what my source told me. Some time KBA will bypassed the CEO and go straight to the board for approval.

eagle

388 posts

Posted by eagle > 2015-08-28 14:35 | Report Abuse

like that ar?

Posted by yamatotrading > 2015-08-31 14:32 | Report Abuse

with such low production... can have enough cash flow ?...

mudinvest

19 posts

Posted by mudinvest > 2015-09-03 22:45 | Report Abuse

To those who went to AGM the other day... do they provide any timeline for this QA?

Posted by oracle_of_delphi > 2015-09-03 23:31 | Report Abuse

In his presentation, Ahmad Ziyad gave a rough timeline of events that goes like this (if i remember correctly):

KASE listing in Oct
EGM sometime in mid-Nov
Completion of QA around late Dec or early Jan

He also presented some info on upside potential of the Kazakhstan oilfields. Apparently, they believe there is more oil than the 39 mmbl surveyed earlier.

chung86

41 posts

Posted by chung86 > 2015-09-03 23:41 | Report Abuse

The director told me got 90 million barrel oil and the cost is around 20 usd

Posted by oracle_of_delphi > 2015-09-03 23:50 | Report Abuse

Actually its was like this:

19 mmbl extra if calculate using 25% - 35% recovery rate (thats the average historical recovery rate for oilfields in that area. Cliq used 20.7% to calculate 39mmbl)
70 mmbl possible extra (3p) if they dig deeper than 1000m
90 mmbl if they participate in oilfields adjacent to the cliq oilfields (which are nearing their end of contracts.

I think that the company can only really count on that 19mmbl extra and maybe a portion of that 70 mmbl as well. That other 90 mmbl sounds like a long shot.

Posted by gudanggaram > 2015-09-04 09:31 | Report Abuse

there are so many "if" but one thing for certain is they can't even confirm a single shit.

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