Posted by lim88 > 2014-11-21 20:22 | Report Abuse

all look like birth lah.....take our money but not do any thing......

Posted by Ant > 2014-11-21 20:27 | Report Abuse

holly shit... my 70% investment gone to heaven liuo.....

Posted by lim88 > 2014-11-21 20:30 | Report Abuse

ya lah....every time talk talk only..shit lah....

Posted by Ant > 2014-11-21 20:35 | Report Abuse

but stiil got chance lah... but very rare...

Posted by callme777 > 2014-11-21 20:38 | Report Abuse

If no deal I will sell all on Monday.

Posted by lim88 > 2014-11-21 20:46 | Report Abuse

sona is tin kosong...all big boss only know how to trap the ppl ....take all money run away liao....f u c k..

Posted by yamatotrading > 2014-11-21 20:49 | Report Abuse

Have to cut on Monday if Sona no deal.

Posted by easymoney > 2014-11-21 20:57 | Report Abuse

Today no announcement, so you expect SC work overtime and do announcement over the weekend? Please feel free to cut and sell all on Mon.....hahaha

Posted by callme777 > 2014-11-21 20:59 | Report Abuse

Not sc la, salamander

Posted by easymoney > 2014-11-21 21:07 | Report Abuse

You think salamander can make that decision before Mon? read the below....

There can be no certainty that any offer will be made or as to the terms of any offer. The Board of Salamander advises its shareholders to take no action at this time, and that they will be kept informed of relevant developments as appropriate.

Posted by sheep > 2014-11-21 21:09 | Report Abuse

limit down on monday.

Posted by kelvin_229 > 2014-11-21 21:09 | Report Abuse

ophir deal is not yet confimed
http://www.telegraph.co.uk/finance/newsbysector/energy/11245377/Ophir-shares-fall-after-tabling-267m-Salamander-offer.html

Posted by lim88 > 2014-11-21 21:10 | Report Abuse

hoi...why so many bad news.......trap trap...

Posted by lim88 > 2014-11-21 21:11 | Report Abuse

Ophir Energy shares have fallen by just under 6pc this morning after the FTSE 250 explorer moved a step closer to agreeing a £267m takeover of Asia-focused rival Salamander Energy.
The all-stock 115.9p-a-share offer comes after rival bidder, Spain’s Cepsa, walked away from bidding on Monday, prompting Salamander’s stock to lose a sixth of its value.
Cepsa had reportedly offered 121p a share as well as an additional 24p a share payment if Salamander’s drilling in the Gulf of Thailand proved to be successful.
Analysts at BMO Capital Markets said that Ophir’s offer was “slightly disappointing”.
“Whilst we agree there is a strategic logic for a combination of the two businesses, the possible offer falls a long way short of previous expressions of interest", David Round at BMO said.
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The two boards are now working together and Salamander said that it “would expect to recommend the proposed offer”. Ophir’s chief executive Nick Cooper said on an analyst conference call that he was keen on making a firm bid in the next couple of business days.

Salamander shareholders would be entitled to 0.5719 Ophir shares for each Salamander share that they hold, the companies said in a joint statement on Friday.
A firm bid is conditional on the board and institutional shareholders, which overlap in the two companies, providing binding support for the bid, known as irrevocables. San Francisco base investment manager Sailingstone Capital Partners is the biggest shareholder in Salamander, with 13.34pc of the register, and second largest in Ophir.
Ophir’s chief executive Nick Cooper also has an interest in the deal going ahead as he still owns 850,000 shares in Salamander, a legacy of his time as the oil explorer’s finance chief. Ophir's offer values Mr Cooper's stake at £985,150.
Ophir's offer is conditional on Salamander cancelling its deal with Malaysia's Sona Petroleum Bhd to sell a 40pc stake in two oil and gas blocks in the Gulf of Thailand.
Should Ophir make the firm bid, Cepsa would then technically be able to return to the fray under UK takeover rules.
Analysts are also attributing some of Ophir’s share price fall this morning to the group’s disappointing drilling update in Tanzania.
A deal would bring the end to a two month takeover battle that has often taken unpredictable turns.
It was previously reported by the Sunday Times that Ophir would pull out of the race this week after Cepsa had tabled a “knock-out offer”. However, it is understood that Cepsa was irritated by Salamander’s disclosure last Friday which outlined the Spanish group’s bid proposal. Salamander defended the disclosure by saying it was bound by takeover rules to inform the market of the proposal.

There were growing fears mid-week that Salamander would be left on its own after enjoying the attentions of two suitors for months. But once Cepsa said that it had “no intention of making an offer”, Salamander immediately restarted talks with Ophir.
Ophir is keen on buying Salamander to gain access to an exploration platform in Indonesia.
Cash hungry oil explorers have faced difficulties in securing equity or debt financing leading to a wave of all-share deals attempting to match up owners of cash-generative assets with those committed to aggressive drilling campaigns.

Posted by callme777 > 2014-11-21 21:12 | Report Abuse

The director of salamander favors the Ophir deal. Let's hope for the best. Anyhow, next week will be interesting. Is also the week I may have to cut if things don't work out for sona

Posted by kelvin_229 > 2014-11-21 21:12 | Report Abuse

Whilst we agree there is a strategic logic for a combination of the two businesses, the possible offer falls a long way short of previous expressions of interest", David Round at BMO said.
The two boards are now working together and Salamander said that it “would expect to recommend the proposed offer”. Ophir’s chief executive Nick Cooper said on an analyst conference call that he was keen on making a firm bid in the next couple of business days

Posted by kelvin_229 > 2014-11-21 21:14 | Report Abuse

hehe can sona offer to buy 100 %

Posted by kelvin_229 > 2014-11-21 21:15 | Report Abuse

all is about pricing , salamander doing this to ask for more from both sona and ophir

Posted by kelvin_229 > 2014-11-21 21:35 | Report Abuse

http://www.standard.co.uk/business/business-news/market-report-ophir-energy-260-million-swoop-on-salamander-fails-to-fire-shareholders-9875168.html

Posted by flatman > 2014-11-21 21:35 | Report Abuse

Is this an official news or just a report by the media ? Has anyone verified it.

Posted by leo218 > 2014-11-21 21:40 | Report Abuse

Real news but the deal is not finalised n confirmed

Posted by Hotrod > 2014-11-21 21:42 | Report Abuse

Is it official that Salamandar has agreed to Ophir's terms ? Was there any official announcement on the stock exchange ?

Posted by noriz > 2014-11-21 21:43 | Report Abuse

stop blaming sc laaaa. Actually in sona plan,for the deal to be completed by year end, sc must approve QA before end of October. But when this not happened I had a feeling that something went wrong with QA and not that sc did not doing their job.. If you can remember at early stage of evaluation by sc, our friend TLTAN got insider info and posted in this forum that asset valuation by sc passed with flying colors. But when come to the second stage of the evaluation, I think the evaluation stuck with ownership and control issues. Listing regulation require sona to have majority ownership and control of QA. We know sona has only 40% ownership of bualuang field. Maybe sona also failed to impress SC that sona has control of the operation of bualuang. Hibiscus did not have these problems and sona is only second spac on sc's table. So naturally sc is trying to be stringent in dealing with listing regulation........just another 1 sen opinion....
Some of you still believe that the approval will come tomorrow, but how many tomorrow already.......pray for the best.....

Posted by leo218 > 2014-11-21 21:50 | Report Abuse

Can be sona to announce 100 percent take over of salamender ?

Posted by prc4wifefe > 2014-11-21 21:59 | Report Abuse

No lah, second stage, third stage also pass

Posted by leo218 > 2014-11-21 22:04 | Report Abuse

If wat noriz said is true. Sc not approve due to control issue. Sona might offer to take over 100 percent or jus withdraw the offer

Posted by pipimamaluu > 2014-11-21 22:10 | Report Abuse

Wow.. Y ppl get riled up over proposals and offers?.. Something cooking over sona side.. Thus the volume spike.. Thus the hasty announcements.. Crappy news leaks stating salamander agreed... Dun jump the gun over naysayers..

Posted by noriz > 2014-11-21 22:12 | Report Abuse

As said before....major announcement by sona before 1.12.14.

Posted by maggiel > 2014-11-21 22:25 | Report Abuse

got confidence hold, no confidence sell..... as simple as ABC..... :)
if my additional funds are in by monday, will top up more.....

Posted by gopiwira > 2014-11-21 22:29 | Report Abuse

Does the ophir offer needs approval by Salamander egm. Offer already discounted almost 10%. If ophir share goes down more. Salamander share holders will loose more. Right?

Posted by maggiel > 2014-11-21 22:32 | Report Abuse

will need approval from both ophir and salamander shareholders..... understand that ophir shareholders are not too happy with this deal......

Posted by BerkshireBuffett > 2014-11-21 22:36 | Report Abuse

Its just an Offer...very early stage..
This is RELIABLE news excerpt from REUTERS..

"The offer is conditional on Salamander cancelling its deal with Malaysia's Sona Petroleum Bhd to sell 40 percent of two oil and gas blocks in the Gulf of Thailand."...

1.(Offer on conditional matter)

"Ophir could be getting a bargain, analysts said, after a possible rival in the bidding process walked away. But shareholders might be less happy about taking on Salamander's $250 million debt, as well as the all-stock nature of the deal."

2.(Ophir shareholders unhappy due to Salamander $250 million debt)

Salamander still Prefer Sona to inject cash US$280 million as 40% stake in Bualuang

Dont get Panic ....
For full reliable news
click here.. http://www.theedgemarkets.com/en/node/171007

Posted by king of stock (king shark) > 2014-11-21 22:36 | Report Abuse

Are u right something is cooking,....

Posted by king of stock (king shark) > 2014-11-21 22:44 | Report Abuse

Who don't this stock please throw fast i and king shark will eat..haha and u all talk so many no use because u all don't believe

Posted by king of stock (king shark) > 2014-11-21 22:45 | Report Abuse

The big news no yet out


P & C

Posted by gopiwira > 2014-11-21 22:47 | Report Abuse

Ophir offer is not so tempting. Sona need only top up Usd149mil or maybe less for cash payment to Salamander. Now its up to Sona management. How good they are?

Posted by BerkshireBuffett > 2014-11-21 22:47 | Report Abuse

I repeat..

WE WERE BEING RIPPED OFF BY OUTSIDE PPL (INCLUDING FOREIGNER) WHO TO BUY SONA CHEAPER

Its just an Offer...very early stage..
This is RELIABLE news excerpt from REUTERS..

"The offer is conditional on Salamander cancelling its deal with Malaysia's Sona Petroleum Bhd to sell 40 percent of two oil and gas blocks in the Gulf of Thailand."...

1.(Offer on conditional matter)

"Ophir could be getting a bargain, analysts said, after a possible rival in the bidding process walked away. But shareholders might be less happy about taking on Salamander's $250 million debt, as well as the all-stock nature of the deal."

2.(Ophir shareholders unhappy due to Salamander $250 million debt)

Salamander still Prefer Sona to inject cash US$280 million as 40% stake in Bualuang

Dont get Panic ....
For full reliable news
click here.. http://www.theedgemarkets.com/en/node/171007

Posted by OptimusR > 2014-11-21 22:48 | Report Abuse

game over, the warrant is going into 5 cent soon.

Posted by gopiwira > 2014-11-21 22:51 | Report Abuse

Does salamander share holders are unhappy too?

Posted by king of stock (king shark) > 2014-11-21 23:02 | Report Abuse

Don't forgot after tiga years must pay back to shareholder if can't get QA

Posted by OptimusR > 2014-11-21 23:03 | Report Abuse

be prepared there wont be QA approved within 3 yrs.
warrant holder beware.

Posted by cskek81 > 2014-11-21 23:06 | Report Abuse

KOS, Monday continue to eat sona? Will push to higher than today price?

Posted by easymoney > 2014-11-21 23:08 | Report Abuse

OptimusR, looking for easymoney? hahaha

Posted by king of stock (king shark) > 2014-11-21 23:08 | Report Abuse

IF U ALL SCARE MONDAY U THROW ALL I AND KING SHARK EAT HAHA

Posted by cassyee > 2014-11-21 23:13 | Report Abuse

King of stock, u no already going holiday.... still goreng arh....:)

Posted by King DavidSiaw > 2014-11-21 23:15 | Report Abuse

OptimusR just creating panic...heard big news coming too like KOS said...throw all u have if you dun believe and make it limit down...we are more than happy to collect

Posted by trader66 > 2014-11-21 23:26 | Report Abuse

Agreed with berkshirebuffett & KOS, Sona has been low for quite some times. Believe big news in near future. Doubt people will sell at this juncture. Suggest to buy if there is a dip down of its price for a quantum leap profit

Posted by cassyee > 2014-11-21 23:41 | Report Abuse

O & g will be good la... ron95 & diesel no subsidies lo... oil failing down.. government going up... Haha...

Posted by kensen > 2014-11-22 00:27 | Report Abuse

Pls sell to me more like yesterday... Sharkie sharkie luv u

Posted by dragonfruits > 2014-11-22 00:28 | Report Abuse

Buy