Posted by noriz > 2014-11-25 12:42 | Report Abuse

you tengok laa apa jadi pada harga sona sikalang.....

Posted by ktsk88 > 2014-11-25 12:47 | Report Abuse

Sona offers is GBP280mil for 40% whereas Ophir offer 100% Salamander for share swapped valuing GBP267mil. So far only some stakeholders (25.7%) accepted verbally.

Now the real issues is getting conditional acceptance at Salamander EGM to made the deals go thru as SONA EGM should be no issues since everyone is happy that SC have given the greenlight.

Hope they pull thru this one.

Posted by BerkshireBuffett > 2014-11-25 12:48 | Report Abuse

Who ever like Reach more than Sona.....
Please go to reach.....

For no reason you still here.....
more longer you stay....
Ppl know you have some evil agenda here....

I also have stake in Reach...and I believe in Sona too

Posted by skwrmb > 2014-11-25 13:08 | Report Abuse

Sona still can buy 40% oil block v ophir after ophir take over salamander,right?

Posted by e1shi > 2014-11-25 13:09 | Report Abuse

noriz, if you already sell your SONA, just don't comment here, pls move to other counter as you say KLCI have more 1000 counters.. pls don't undermine others, SONA still have more than a year to find another QA

Posted by leo218 > 2014-11-25 13:11 | Report Abuse

Hold sona is like play big small now. Why risk ?

Posted by Iching88 > 2014-11-25 13:18 | Report Abuse

wah ka ka ka ka ka...

good point skw, wah ka ka ka ka ka ka...

hope bah, you can keep hoping this will happen.

Posted by e1shi > 2014-11-25 13:18 | Report Abuse

how low can SONA go? my guess 41 sen.. with current price short term losing 6% but in two years you get 45sen plus interest

Posted by Iching88 > 2014-11-25 13:19 | Report Abuse

sold, buy back next year. wah ka ka ka ka.

Posted by skwrmb > 2014-11-25 13:24 | Report Abuse

My hand got SONA son only v 0.20 so still can hold and c.

Posted by cskek81 > 2014-11-25 13:24 | Report Abuse

If like this, KOS & King Shark will lose $$$. Possible KOS and King Shark will lose $$$ meh?

Posted by Iching88 > 2014-11-25 13:27 | Report Abuse

he will tell you their entry is 15 so no problem can hold till 2020.

wah ka ka ka ka....

Posted by bracoli > 2014-11-25 13:30 | Report Abuse

kakaka suddenly so active.

Posted by skwrmb > 2014-11-25 13:32 | Report Abuse

I will hold till 2100 if possible,hehe....

Posted by FullTimeTrader > 2014-11-25 13:36 | Report Abuse

The Salamander deal is a gone case due to the Salamander share vote to approve the deal is below 75%.
For mother, no problem due to guaranteed 90% IPO refund.
For son, it will dropping to premium around 10 to 15% according to mother.

Posted by bracoli > 2014-11-25 13:38 | Report Abuse

let us hold til wawasan 2020. Satu malaysia

Posted by easymoney > 2014-11-25 13:42 | Report Abuse

oldman noriz... sona broke your heart I can understand, you are old no much time left for fun... good la you go cari cantik young reach dulu, me come when got action... sikalang gua still jatuh cinta with sona... so no need to get so jealous ok?...hahaha

Posted by easymoney > 2014-11-25 13:45 | Report Abuse

Iching88.... your flip-flop comments/actions too fast lar... nobody can follow you...hahaha

Posted by prc4wifefe > 2014-11-25 13:48 | Report Abuse

SMDR has reportedly cornered about 27% of the shares to vote against SONA disposal...

however the irreversible one is only 16-18%...the remaining ones only letter of intent...this can always swing...

well..see Hadian power or not will know soon

Posted by skwrmb > 2014-11-25 14:00 | Report Abuse

Ophir used 300m++ to buy Salamander,right?after it , SONA use 280m buy v ophir for 40% stake?will the story continue like tat,haha...

Posted by prc4wifefe > 2014-11-25 14:07 | Report Abuse

look at ophir balance sheet...their revenue past 3 years...

and SMDR wants to be takeover by them!?? something fishy here...probably that why fat kid Jho Lo blah first...he's fat but I bet he's not too bad up his head...

maybe SONA better cut this sandiwara short and move on!!

Posted by prc4wifefe > 2014-11-25 14:14 | Report Abuse

another announcement...wow...drama betul...at least not boring Cliq style for sure

Posted by easymoney > 2014-11-25 14:27 | Report Abuse

the Board of Directors of Sona Petroleum (“Sona Board”) remains highly committed to complete its Proposed Transaction. The Sona Board is seeking further advice on the Offer and will engage with Salamander before deciding on the next steps.

The Sona management must be getting plenty "shit" calls, and is under pressure to sort this out ASAP... good lar....hahaha

Posted by CK Lim > 2014-11-25 14:28 | Report Abuse

Agreed with prc4wifefe. I would think those are just share market political trick which to create bigger wave in a certain company and take advantage out of it. I would think the Ophir deal will be gone within the next couple of days then Sona will start to shoot by next week onward.

Posted by callme777 > 2014-11-25 14:28 | Report Abuse

Suspended one hour. Any idea what is the announcement?

Posted by nooniez > 2014-11-25 14:30 | Report Abuse

http://www.bursamalaysia.com/market/listed-companies/company-announcements/1803977

Posted by nooniez > 2014-11-25 14:31 | Report Abuse

don't know suspend for what...useless...

Posted by bracoli > 2014-11-25 14:36 | Report Abuse

suspend to fix the shit

Posted by Clj Jun > 2014-11-25 14:41 | Report Abuse

Why suspend 1 hour again?

Posted by ktsk88 > 2014-11-25 14:42 | Report Abuse

Salamander with Ophir offers whereby salamander Boards asking shareholders to vote acceptance of the deals with Ophir and vote against Sona deal

Posted by e1shi > 2014-11-25 14:43 | Report Abuse

cant wait for LSE to open.. want to see SMDR and Ophir shareprice movement.

Posted by CK Lim > 2014-11-25 14:43 | Report Abuse

Maybe they will announce that they would like to 100% taking over Salamander

Posted by ktsk88 > 2014-11-25 14:44 | Report Abuse

Means the deal is off if the shareholders votes against Sona offers. Mean Sona need to go for backup plan. Sigh.

Posted by prc4wifefe > 2014-11-25 14:44 | Report Abuse

by 5pm today or tomorrow we probably will know SONA's fate...<for those still holding out the the hair strands :-)>

Posted by prc4wifefe > 2014-11-25 14:45 | Report Abuse

Hadian wanna ask McKenzie why secretly go dating

Posted by ktsk88 > 2014-11-25 14:45 | Report Abuse

If Salamander vote acceptance of Ophir offers of share swapped based on Ophir price of 202.50 , then they're stupid since Ophir price from to 167.50 yesterday. Means they are getting lesser shares swapped.

Posted by Ring > 2014-11-25 14:46 | Report Abuse

http://www.bursamalaysia.com/market/listed-companies/company-announcements/1803977

Posted by bracoli > 2014-11-25 14:46 | Report Abuse

dun play play with hadian

Posted by ktsk88 > 2014-11-25 14:47 | Report Abuse

Sona should submit buyout offer of Ophir with condition Ophir/Salamander deals completed. :))))

Posted by prc4wifefe > 2014-11-25 14:48 | Report Abuse

@ktsk88 exactly...however SMDR already cornered about 27% of SMDR shares (including those with LOI only)...so SONA deal might not get thru too since it is Class 1 transaction like Ophir

Posted by prc4wifefe > 2014-11-25 14:49 | Report Abuse

in the end SONA might end up with no QA...SMDR end up still as an IOC....and Ophir don't acquire nobody...hahahaha

Posted by prc4wifefe > 2014-11-25 14:50 | Report Abuse

and all the 3 companies shareholder taken for a roller coater ride for nothing

Posted by prc4wifefe > 2014-11-25 14:53 | Report Abuse

guys...SONA calling for EGM...book your seat!!!

Posted by Invest33 > 2014-11-25 14:56 | Report Abuse

Maybe not be a bad thing as Sona is now free to acquire cheaper assets.

Posted by ktsk88 > 2014-11-25 14:58 | Report Abuse

Sona can buy Salamnder even Ophir taken over 100% via share swapped. Ophir need monies from Sona offers since past 3 years losing monies

Posted by ktsk88 > 2014-11-25 14:59 | Report Abuse

Ophir is the ultimate winner since can accept SONA offers for 280mil cash

Posted by sheep > 2014-11-25 15:01 | Report Abuse

i say, sona just forget the deal and move on. wakakaka

Posted by trader66 > 2014-11-25 15:01 | Report Abuse

Salamander is not easy to deal with as they are using Sona to bargain with others like Cepsa & Ophir. These people are not trustful like us. One agreement signed with Sona, yet still solicit for other opportunity. Believe Salamander must be in deep shit, otherwise won't be so desperate to look for other alternative before SC granted SONA's deal

Posted by ktsk88 > 2014-11-25 15:02 | Report Abuse

Can Sona seek penalty on this deals from Salamander?

Posted by prc4wifefe > 2014-11-25 15:03 | Report Abuse

"trader66 Salamander is not easy to deal with as they are using Sona to bargain with others like Cepsa & Ophir. These people are not trustful like us. "

this has to be the best sentence for today...