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

noriz

136 posts

Posted by noriz > 2014-11-24 18:26 | Report Abuse

topaz...apa bikin sikalang......still fight ahhhh ???????

rimrim

345 posts

Posted by rimrim > 2014-11-24 18:31 | Report Abuse

So tomorrow we have huge drop?

rimrim

345 posts

Posted by rimrim > 2014-11-24 18:34 | Report Abuse

Then SC approval and these much of Sona announcement regarding they are still interested to buy Sala was bullshit?

noriz

136 posts

Posted by noriz > 2014-11-24 18:37 | Report Abuse

may be not...until sona announced 'surrender'......

noriz

136 posts

Posted by noriz > 2014-11-24 18:45 | Report Abuse

those are the only logical statements available to please sona fighters......backed buy a little hope that they will fight until the end....

trader66

206 posts

Posted by trader66 > 2014-11-24 18:46 | Report Abuse

If deal not successful, it may be a better choice for Sona as Sona may target for a new purchase with better bargain in view of current pathetic oil price

noriz

136 posts

Posted by noriz > 2014-11-24 18:50 | Report Abuse

yes...16 months already gone.....another 14 months left.....

Ant

1,504 posts

Posted by Ant > 2014-11-24 18:54 | Report Abuse

Die liuo

Posted by CLIQmanagement > 2014-11-24 18:56 | Report Abuse

5 years lah...

Iching88

537 posts

Posted by Iching88 > 2014-11-24 18:58 | Report Abuse

adoi...lu orang banyak pathetic lah.

how to huge drop when cash per share is RM0.47 if no deal after 5 years?

adoi adoi...semua buta buta hentam sona tapi ini basic pun tak tau.

wah ka ka ka ka ka ka..

Two months ago i already heard Sona is securing another deal.

wah ka ka ka ka ka ka..

franklim

40 posts

Posted by franklim > 2014-11-24 19:20 | Report Abuse

iching88 what about u heard the another deal?

pfhong

372 posts

Posted by pfhong > 2014-11-24 19:29 | Report Abuse

Salamander accept Sona offer 1st, then both salamander and Sona accept ophir offer..so Sona still have QA with Ophir's share..hahahaha

callme777

1,586 posts

Posted by callme777 > 2014-11-24 19:43 | Report Abuse

Sona timeline is 3 or 5 years?

Iching88

537 posts

Posted by Iching88 > 2014-11-24 19:43 | Report Abuse

I can only say new deal is far better than salamander. : )

maggiel

603 posts

Posted by maggiel > 2014-11-24 20:06 | Report Abuse

SPAC timeline for securing QA is 3 years

bracoli

2,579 posts

Posted by bracoli > 2014-11-24 20:26 | Report Abuse

Iching88 r u bigger than king of shark?

maggiel

603 posts

Posted by maggiel > 2014-11-24 20:31 | Report Abuse

i am ready to hold till timeline of 3 years is up..... dun like the idea of it, but am ready to......

qieen

268 posts

Posted by qieen > 2014-11-24 20:36 | Report Abuse

Called my friend, he said "don't worry, keep...."

So... Just keep

qieen

268 posts

Posted by qieen > 2014-11-24 20:36 | Report Abuse

No need to wait till timeline

franklim

40 posts

Posted by franklim > 2014-11-24 20:52 | Report Abuse

U all hold 1000 lot up?

prc4wifefe

3,564 posts

Posted by prc4wifefe > 2014-11-24 21:06 | Report Abuse

Lu banyak percaya Lu puny a kawan-----percaya sendiri ya

qieen

268 posts

Posted by qieen > 2014-11-24 21:09 | Report Abuse

I percaya dia serupa I percaya sendiri... Hahaha. By the way, its my choice, live with it.

prc4wifefe

3,564 posts

Posted by prc4wifefe > 2014-11-24 21:13 | Report Abuse

@fauzan u need to normalized the deal....SONA is only 40%....if u translate to 100%...much more...

The SMDR directors wanna retire early...can't help it

prc4wifefe

3,564 posts

Posted by prc4wifefe > 2014-11-24 21:16 | Report Abuse

Itu kawan must be sendiri

Posted by yamatotrading > 2014-11-24 21:20 | Report Abuse

3000 lot

cskek81

238 posts

Posted by cskek81 > 2014-11-24 21:23 | Report Abuse

Miss my brother, King of Stock, where is him now?

dragonfruits

1,285 posts

Posted by dragonfruits > 2014-11-24 21:24 | Report Abuse

3000lot=300share?

Posted by rasalghul > 2014-11-24 21:46 | Report Abuse

spoke to my source, she say no nid worry. just hold . hidup SONA !

maggiel

603 posts

Posted by maggiel > 2014-11-24 21:54 | Report Abuse

better to trust friends than certain people in forums....... both can be right, both can be wrong also.....

prc4wifefe

3,564 posts

Posted by prc4wifefe > 2014-11-24 21:54 | Report Abuse

If only SC approved it earlier....

maggiel

603 posts

Posted by maggiel > 2014-11-24 21:57 | Report Abuse

no use now thinking of "what if"..... now is time to think wat we plan to do now...... continue holding or realize the gain / loss

noriz

136 posts

Posted by noriz > 2014-11-24 22:08 | Report Abuse

Itching88 my dear good friend , How are you ? Lama you hilang. Hope you still remember ruslimz. How I can forget I88 and his rotten eggs.Yes noriz is ruslimz. I sold all my sona shares at the end of october and said good by to you. Noriz is ruslimz with no more sona shares. Then Only me and pisangkuat kept on posting negative things about sona's deal with salamander, but no body listened because they invest with heart,not brain. Now you look like new savior try to save those fighters........I88, c'mon..tak jadi tu tak jadilah,move forward please...sona is not the only counters in this worldddddddddddddddddd..

is861001

115 posts

Posted by is861001 > 2014-11-24 22:11 | Report Abuse

kasi up la skit...hahaha

Posted by pipimamaluu > 2014-11-24 22:11 | Report Abuse

I3 is full of uneducated gullible cartoons.. Their meaning of equity market is to buy when i3 gets excited.. Just to sell when i3 gets all worked up..

Posted by pipimamaluu > 2014-11-24 22:15 | Report Abuse

Here.. If u need sumthin to feel better.. I also got news got better deal coming up... Oh wait.. I also read got insider news Sc approved.. Oh wait..mobile.bloomberg.com/news/2014-11-24/sona-said-to-get-malaysian-approval-for-salamander-thai-assets.html.. End of the day.. If yr bola kecut coz money shrinking then sell La... Else hold oni La...

easymoney

626 posts

Posted by easymoney > 2014-11-24 22:31 | Report Abuse

oldman noriz is ruslimz???? wah this is biggest surprise to me than the Ophir news today....

Is not the end of Sona lar.... the very worst case I still get back my 0.45 plus interest somemore... hahaha

rimrim

345 posts

Posted by rimrim > 2014-11-24 22:32 | Report Abuse

Sona Said to Get Malaysian Approval for Salamander Thai Assets
By Elffie Chew
November 24, 2014 8:19 AM EST
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Sona Petroleum Bhd. (SONA), a company with no assets or track record, won approval from the Malaysian Securities Commission to buy a stake in two Thai oil and gas blocks, a person with knowledge of the matter said.
The so-called blank check company targets to complete the deal by the end of this year after getting shareholder approvals, the person said, asking not to be identified as the details aren’t yet public. Sona, which raised 550 million ringgit ($164 million) in an initial public offering last year, agreed in June to buy 40 percent of London-based Salamander Energy Plc (SMDR)’s assets in the Gulf of Thailand for $281 million.
The Salamander assets would be the first for Sona since its listing and pave the way for the Kuala Lumpur-based company to become an independent upstream oil and gas company. To complete the purchase, it will need to overcome African explorer Ophir Energy Plc (OPHR)’s offer to acquire Salamander on the condition it doesn’t sell the Thai assets.
Saw Choo Boon, vice president of business development at Sona, declined to comment when contacted by phone today. Malaysia’s Securities Commission head of corporate affairs Jaya Menon could not be immediately reached for comment when contacted on her mobile and office.
Ophir said in an exchange filing today Salamander accepted its all-stock offer to buy the company. One of the conditions of Ophir’s offer is that Salamander shareholders reject the sale of the Thai assets to Sona. Owners of a 25.9 percent stake in Salamander have agreed to accept the Ophir offer and reject the Sona deal, according to today’s filing.
Sona is trying to buy a stake in the Bualuang oilfield, which has been operating since 2008 and is expected to produce an average of 11,000 to 14,000 barrels of oil daily this year, according to Salamander’s website. It would also gain an interest in an nearby exploration concession.
To contact the reporter on this story: Elffie Chew in Kuala Lumpur at echew16@bloomberg.net
To contact the editors responsible for this story: James Regan at jregan19@bloomberg.net Ben Scent, Shamim Adam

easymoney

626 posts

Posted by easymoney > 2014-11-24 22:39 | Report Abuse

Indeed was a surprise to me the Salamander directors so quick to give green light to the Ophir's not so attracting offering without waiting for Sona SC approval which they are favouring to the deal all this while... might seem to be a bit late now for Sona... then again may be more drama going on? hahaha

Posted by yamatotrading > 2014-11-24 22:41 | Report Abuse

@dragonfuits : 3000 lots = 300,000 shares.

noriz

136 posts

Posted by noriz > 2014-11-24 22:43 | Report Abuse

easymoney.......as long as you talak lugi ok lah tu. Gua hanya bagi pendapat sajaaaa, gua sudah tua manyak makan galam, kalu lu tak caya sama gua, gua tak boleh buat apa.....selamat malabur dan hidup bahagia..........

dragonfruits

1,285 posts

Posted by dragonfruits > 2014-11-24 22:50 | Report Abuse

3000lot=300 biji share

dragonfruits

1,285 posts

Posted by dragonfruits > 2014-11-24 22:56 | Report Abuse

Yaya.u so kaya.

Eric Wong

66 posts

Posted by Eric Wong > 2014-11-24 23:06 | Report Abuse

SONA + SALAMANDER + OPHIR + CEPSA = same like genting uncle lim.

they are playing technique around all the shares and make fast $$..

this is the games for corporate finance world.

kkton19

190 posts

Posted by kkton19 > 2014-11-24 23:07 | Report Abuse

today even got news to say sona lost the deal with salamander, but the price still up mean is not a problem to lost salamander, no worry

easymoney

626 posts

Posted by easymoney > 2014-11-24 23:09 | Report Abuse

oldman noriz, gua caya lu lah.... When I invest in Sona, I have already considerd the worst possible outcome and that's why have decided to avg down my cost to 0.45 so that I can sleep well every nite while waiting for my jackpot.... Well, let's see Hadian can put off any miracle.... if not current depressed oil price is a blessing to look for cheap bargain QA...hahaha

qieen

268 posts

Posted by qieen > 2014-11-24 23:53 | Report Abuse

Prc4, the most recent tip from my friend started to.move since last week, so I choose to take the risk to keep this stock. Actually I seldom come to this forum now, found some silly ppl around who are not helping but... Well, u know what I mean.
by the way, Wish, tomorrow a better day with all green especially sona, ha.have a good rest everyone.

Tk Frank

106 posts

Posted by Tk Frank > 2014-11-25 00:06 | Report Abuse

Iching88, how to count Sona value is 0.47 if there is no deal btw the 3 years period.

does it takes into acc of the warrant?

Posted by king of stock (king shark) > 2014-11-25 00:20 | Report Abuse

Haha if who scare please throw don't waste your time yesterday i say areally u can throw 43.5sen and 23sen for son . i will keep until end

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