SONA PETROLEUM BERHAD

KLSE (MYR): SONA (5241)

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Last Price

0.475

Today's Change

0.00 (0.00%)

Day's Change

0.00 - 0.00

Trading Volume

0


37 people like this.

21,560 comment(s). Last comment by beatme 2018-04-30 11:12

Posted by BerkshireBuffett > 2014-11-22 00:33 | Report Abuse

Friday Transaction we can see that so called "SHARKY" buying Q with 4 digit amount.....

they already get "special news" for next week event....

just be calm n keep on accumulate this stock..

and I will...for sure

Posted by BerkshireBuffett > 2014-11-22 00:37 | Report Abuse

panicking ppl think Ophir buying Salamander within couple of days....?????

But Sona intention takes half a year??

Wake up Traders n Investors....

we were being deceived by those ppl..

Posted by yamatotrading > 2014-11-22 01:46 | Report Abuse

who is planning to sell on monday?...

gopiwira

159 posts

Posted by gopiwira > 2014-11-22 01:51 | Report Abuse

I'll wait

Ring

6,522 posts

Posted by Ring > 2014-11-22 07:42 | Report Abuse

http://www.nst.com.my/node/55178

easymoney

626 posts

Posted by easymoney > 2014-11-22 09:09 | Report Abuse

Monday, Monday.... got interesting show? hahaha


“The announcement by Salamander yesterday is only about a possible offer, and not a firm one. As of today, Salamander has not extended the ‘put up or shut up’ period,” one source said.

The source added that Salamander had requested Ophir to submit an offer by Monday.

At this point of time, Sona’s offer looks more compelling than what Ophir had put on the table for Salamander, the source said.

“If the official offer by Ophir is the same as it was stated in itd ststement today, Salamander is more than likely to decline,” the source said yesterday.

Another source noted that the key roadblock for Ophir to submit a firm offer is the support from Ophir’s and Salamander’s institutional shareholders.

sheep

3,850 posts

Posted by sheep > 2014-11-22 10:27 | Report Abuse

whatever, I will buy more of mother share sure untung.

flatman

143 posts

Posted by flatman > 2014-11-22 10:36 | Report Abuse

There is no official announcement saying that Salamander has agreed to Ophir's terms. Hence, that news you read on the above link is FAKE !!

Posted by yamatotrading > 2014-11-22 14:08 | Report Abuse

Small investor from Sala, Ophir and all investor from Sona don't like the take over go through

flatman

143 posts

Posted by flatman > 2014-11-22 14:45 | Report Abuse

Can anyone call up Sona's IR to clarify whether the deal is still on ?

trader66

206 posts

Posted by trader66 > 2014-11-22 14:51 | Report Abuse

As per MD Hadian's recent announcement, deal is still on & pending SC's approval

Posted by yamatotrading > 2014-11-22 15:48 | Report Abuse

Is beyond Sona control.

Posted by kelvin_229 > 2014-11-22 17:34 | Report Abuse

24th is for Sona to submit a firm bid as requested by UK security authority correct ? SC approve on monday ?

flatman

143 posts

Posted by flatman > 2014-11-22 22:08 | Report Abuse

Analyst, I thought Ophir has already submitted its bid ?

Posted by yamatotrading > 2014-11-22 22:26 | Report Abuse

I guess SC don't want to reveal its decision until Ophir- Sala deal is clear.

gohlai

469 posts

Posted by gohlai > 2014-11-22 22:26 | Report Abuse

yeah u all say all the good things..but come monday hopefully get to throw fast before the price drop below 0.40...

maggiel

603 posts

Posted by maggiel > 2014-11-23 00:46 | Report Abuse

drop below 0.40? good! i will buy up anything below 0.40.....
even if no QA, get back around 0.50...... still better than putting in FD.....

maggiel

603 posts

Posted by maggiel > 2014-11-23 01:58 | Report Abuse

@ant - so fast delete yr posting? it is 90% + interest for 3 years...... :)

Ant

1,504 posts

Posted by Ant > 2014-11-23 06:08 | Report Abuse

maggiel @ I thought no body see it and scare miss understand other lah....
get back 0.45 cent + interest for 3 years.... still a good deal.
so just buy if drop below 0.40.

Ant

1,504 posts

Posted by Ant > 2014-11-23 06:10 | Report Abuse

oh yes, only valid for mother... son.... nop

dragonfruits

1,285 posts

Posted by dragonfruits > 2014-11-23 07:16 | Report Abuse

Those who buy son never expected on interest or divident.

Abudance

2,211 posts

Posted by Abudance > 2014-11-23 07:53 | Report Abuse

SC wants spac to hv controlling stake. Not lazy and go buy part stake. When not operator one is subjected to whims and fancies of majority owner.
Salamander is lost making company. With sudden offers .. It's share prices gone up a lot!!! All these corporate exercises are red herrings. Jus put them in the news!
How much is interest for return of funds?

gopiwira

159 posts

Posted by gopiwira > 2014-11-23 09:30 | Report Abuse

If SC requires controlling stake, why it is tooooo looooong to reject.

GPS777

184 posts

Posted by GPS777 > 2014-11-23 10:13 | Report Abuse

If SC reject QA, would the Sona shares price go up?

gopiwira

159 posts

Posted by gopiwira > 2014-11-23 11:44 | Report Abuse

Ophir offer worth 103p now. Salamander worth 91.5p now. If SC approve in time. Salamander would be up. And Ophir offer wll be less compelling.

shadowman

184 posts

Posted by shadowman > 2014-11-23 12:42 | Report Abuse

Sona will shoot up so that they can offer share swap and put in a higher bid

6969

86 posts

Posted by 6969 > 2014-11-23 15:47 |

Post removed.Why?

Abudance

2,211 posts

Posted by Abudance > 2014-11-23 16:56 | Report Abuse

SONA should do their job properly lah ... Not Juz do corporate exercise. Salmandar losing company wants to sell off and not want share swaps. Swaps don't pay salaries and expenses!!
Pass one year already ... Pls wake up SONA management!!
Hibiscus dollowed rules and got approval. So please don't blame SC.

gopiwira

159 posts

Posted by gopiwira > 2014-11-23 17:17 | Report Abuse

What'll happen tomorrow?

Posted by yamatotrading > 2014-11-23 18:05 | Report Abuse

ready to die tomorrow.

qieen

268 posts

Posted by qieen > 2014-11-23 18:13 | Report Abuse

Wow... So many negative posting. Well, just like maggiel stated, no confidence, sell off, ease ur worries. For me, hold... Still strongly believe that announcement will be released soon.

Even if ophir submitted an official bid on Monday, how much will and can they offer? If less than 120 pp or maybe even 130 pp, Don think salamander will agree upon and accept their bid. There are many issues to discuss and resolve, etc. Parties' interest and controlling power, salamander debts and more, not as easy as a clean cut and simple sales and purchase of company stake transaction.

Sona, simple, u sell, I pay u, u take care and settle ur own debt, we work together towards the oil field, done

qieen

268 posts

Posted by qieen > 2014-11-23 18:15 | Report Abuse

Yamatotrading, if u do think sona will be so dead tomorrow, better sell all in the morning session, Don wait.

qieen

268 posts

Posted by qieen > 2014-11-23 18:19 | Report Abuse

But if u still confident in this counter, just observe for few more days and see how it acts... Finger crossed, good news by next week

gopiwira

159 posts

Posted by gopiwira > 2014-11-23 19:32 | Report Abuse

Does ophir plan by buying salamander their share will up. But thing reverse. Their share goes down. Do they still want to continue.

flatman

143 posts

Posted by flatman > 2014-11-23 19:35 | Report Abuse

Guys, dont panic. There is no official bid from Ophir yet. Futher, I do not think Salamander will favour a share swap as opposed to cash offer from Sona.

http://www.nst.com.my/node/55178

gopiwira

159 posts

Posted by gopiwira > 2014-11-23 19:44 | Report Abuse

Or salamander is also playing games. Testing its market value. Ophir offer up. Sc approve fly with sona.

Posted by yamatotrading > 2014-11-23 19:59 | Report Abuse

yes @qieen. If selling volume compiled sky high, i will not hesitate to sell it. Thats the plan i wanna do...

Abudance

2,211 posts

Posted by Abudance > 2014-11-23 20:41 | Report Abuse

Here is same news on theedgemarket ..
Ophir Energy offers to buy Salamander in SE Asia push | The Edge Markets
http://www.theedgemarkets.com/en/article/ophir-energy-offers-buy-salamander-se-asia-push
Deal was sent to salamander in July. 4 months and still no news from SC!!!

Posted by king of stock (king shark) > 2014-11-23 20:41 | Report Abuse

This are win or loss game who dare to play?don't want play torro..throw price is 43.5sen and 23sen

Ant

1,504 posts

Posted by Ant > 2014-11-23 20:45 | Report Abuse

KOS back to Malaysia liou....

Ant

1,504 posts

Posted by Ant > 2014-11-23 20:47 | Report Abuse

so how what is next tomorrow ... attack or abandon

Posted by king of stock (king shark) > 2014-11-23 20:48 | Report Abuse

I am still in indo...

Posted by king of stock (king shark) > 2014-11-23 20:48 | Report Abuse

Don't worry...

cskek81

238 posts

Posted by cskek81 > 2014-11-23 20:49 | Report Abuse

KOS will eat 43.5?

Ant

1,504 posts

Posted by Ant > 2014-11-23 20:49 | Report Abuse

woo...

prc4wifefe

3,564 posts

Posted by prc4wifefe > 2014-11-23 21:15 | Report Abuse

Well....tomorrow is deadline ophir to give a firm offer...else that's it

Posted by yamatotrading > 2014-11-23 22:08 | Report Abuse

Ophir already given firm and formal response.
The ball now is on Salamander.

dragonfruits

1,285 posts

Posted by dragonfruits > 2014-11-23 22:09 | Report Abuse

Dun think too much.. Ada suit just buy

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

Hi yamatotrading.....

Pls feel free to visit OPHIR ENERGY Official website...

http://www.ophir-energy.com/media/75241/possible-offer-for-salamander-energy.pdf

theres no such FIRM n FORMAL Offer yet....its just as Possible Offer

makes ourself full equippe with true, genuine and reliable information...

Happy Trading

Posted by derrickinvestor > 2014-11-23 23:29 | Report Abuse

prc4 u mean if didnt make it means sona kaput?

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