Posted by gopiwira > 2014-11-25 16:01 | Report Abuse

Yes Sona is not losing anymoney. No loan. A lot of cash.

Posted by callme777 > 2014-11-25 16:02 | Report Abuse

Easy money, I lost rm25k. Now trying to win it back. Just got back in, 300k shares at 0.40

Posted by afifi > 2014-11-25 16:03 | Report Abuse

sona out,,sumatec out ,,malaysian market..betoi la..bila mau tunngu 1995-97 tak tau la..baru nak jln dah Qre..

Posted by franklim > 2014-11-25 16:04 | Report Abuse

sona only lose this salamander,cash and loan still stanby...so don't need worry..

Posted by ktsk88 > 2014-11-25 16:06 | Report Abuse

Share Price Information for Ophir Energy (OPHR)

Share Price: 167.50 Bid: 165.00 Ask: 190.00 Change: 0.00 (0.00%) No Movement on Ophir Energy
Spread: 25.00 Spread as %: 15.15% Open: 0.00 High: 0.00 Low: 0.00 Yesterday’s Close: 167.50

Ophir price will go down today, i think Salamander shareholders wont be happy about the deals.

Posted by bracoli > 2014-11-25 16:07 | Report Abuse

dunno why ophir wanna rebut with sona for wat.. ini SC satu lagi..

Posted by ktsk88 > 2014-11-25 16:07 | Report Abuse

Ophir offers based on their previous price of 202.50. Now 167.xx. You think Salamander will votes for it to go thru?

Posted by ktsk88 > 2014-11-25 16:07 | Report Abuse

Kalau saya Salamander shareholders i pun tak mahu vote "yes".

Posted by ktsk88 > 2014-11-25 16:09 | Report Abuse

A big turnaround and in the end at the EGM Salamander voted Ophir offers and SONA get the deals. HAHAHAHA.

Siapa yg sold out 395c and 18c tentu cried.

Posted by cheeseburger > 2014-11-25 16:14 | Report Abuse

mampoi la...

Posted by Eric Wong > 2014-11-25 16:15 | Report Abuse

salamander management and sona management are making bad news to it to push down the price and collect behind us. sona has done so much of work and signed agreement, how come easily pull-off the deal like this.....

Posted by potenza10 > 2014-11-25 16:15 | Report Abuse

alahai...relax laa..baru kena gertak sikit, dah shake out...mannn mannn maaaaaa...

Posted by e1shi > 2014-11-25 16:15 | Report Abuse

aisehhh.. miss the party. unable to get below 0.41.. too busy with office work

Posted by pisangkuat > 2014-11-25 16:16 | Report Abuse

All sudah naik lori...luckily i advice my collegue to sell few wks ago...while many still masturbating each other...nw cry also no tears... u can sense what...? Why suddenly so fast SC approved...after ophir announcement? And dnt knw how many time sona hv to issue press statement of assurance...? Why invest such risky ctr? And any forum see KOS...u better run...

Posted by cheeseburger > 2014-11-25 16:17 | Report Abuse

no risk no gain

Posted by cheeseburger > 2014-11-25 16:17 | Report Abuse

buy FD if dunwan risk

Posted by Iching88 > 2014-11-25 16:20 | Report Abuse

pisangkuat pun takut KOS...wah ka ka ka ka...

If u play Sona, first, never hope.

second, untung lari

third, never hope

last, dt even dare to hope.

wah ka ka ka ka ka...

Posted by ktsk88 > 2014-11-25 16:21 | Report Abuse

Salamander pre market opening.
Share Price: 94.75 Bid: 93.75 Ask: 95.00 Change: 0.00 (0.00%) No Movement on Salamander
Spread: 1.25 Spread as %: 1.33% Open: 94.75 High: 0.00 Low: 0.00 Yesterday’s Close: 94.75

Going down too it seems.

Posted by e1shi > 2014-11-25 16:23 | Report Abuse

sona now top 10 most active counter... good exposure

Posted by ktsk88 > 2014-11-25 16:25 | Report Abuse

Sona offers is buying the Thailand production oilfield for 40% stakes. Ophir is buying the whole Salamander for 100% shares swapped.

Can someone explains more precisely on this separate deals.

I think not related to each others.

Posted by pvd_investor > 2014-11-25 16:26 | Report Abuse

Looks like so many frustrated people are around...by showing your frustration nothing is going to improve...remain calm or cut your loss and leave..don't be negative

Posted by ktsk88 > 2014-11-25 16:28 | Report Abuse

Share Price Information for Ophir Energy (OPHR)

Share Price: 164.40 Bid: 163.70 Ask: 164.80 Change: -3.10 (-1.85%) Faller - Ophir Energy
Spread: 1.10 Spread as %: 0.67% Open: 168.00 High: 166.50 Low: 164.40 Yesterday’s Close: 167.50

Going down again the shares price. Guess Ophir shareholders not happy about the deals.

Posted by ktsk88 > 2014-11-25 16:28 | Report Abuse

Share Price Information for Salamander Energy (SMDR)

Share Price: 93.75 Bid: 92.75 Ask: 93.75 Change: -1.00 (-1.06%) Faller - Salamander
Spread: 1.00 Spread as %: 1.08% Open: 94.75 High: 94.00 Low: 93.75 Yesterday’s Close: 94.75

Salamander shares also down

Posted by prc4wifefe > 2014-11-25 16:30 | Report Abuse

ophir will only buy SMDR provided condition SONA deal cancel...so become related

Posted by easymoney > 2014-11-25 16:31 | Report Abuse

I love sona...sold off those I bought @0.4 free iphone6, a lousy day turn out a good day for me....please do this more often drop back to 0.40...hahaha

Posted by prc4wifefe > 2014-11-25 16:32 | Report Abuse

think Hadian don't have backup plan...so die2 wanna fight on...hehehe

Posted by easymoney > 2014-11-25 16:32 | Report Abuse

This Sona FD is excellent buy at 0.40... you can get back more than 15% in 1.5 years if no QA sure gurantee win while waiting for any jackpot! I call this common sense investment....hahaha

Posted by Eric Wong > 2014-11-25 16:33 | Report Abuse

when is the EGM now?

Posted by Eric Wong > 2014-11-25 16:33 | Report Abuse

good calculation easymoney

Posted by firestar23 > 2014-11-25 16:33 | Report Abuse

go for mother, cut the warrant.

Posted by ktsk88 > 2014-11-25 16:34 | Report Abuse

yes mother shares can buy below 45c since can get back at least 47 c at the end of the 3rd years if no QA.

Posted by Ring > 2014-11-25 16:39 | Report Abuse

http://www.thestar.com.my/Business/Business-News/2014/11/25/Sona-Petroleum-gets-SC-nod-to-buy-Salamander-assets-for-RM912m/?style=biz

Posted by callme777 > 2014-11-25 16:40 | Report Abuse

Hope for the best

Posted by ktsk88 > 2014-11-25 16:42 | Report Abuse

Just wait news from the Sona management.

Posted by dofazdu8 > 2014-11-25 16:54 | Report Abuse

Aiseh!!!! No chance liao.... Mmmm

Posted by cheeseburger > 2014-11-25 16:57 | Report Abuse

good good

Posted by maggiel > 2014-11-25 17:01 | Report Abuse

how u get 47cents? at 2% compounded already getting back 47.75; 2.5% get 48.46 and at 3% get 49.17

Posted by T1T4N > 2014-11-25 17:02 | Report Abuse

"Ok, the deal seems to be off. If you look at it, that is possibly the BEST thing that can happen for Sona. The mother shares have been pummelled from 55 sen to be around 44 sen following the proposed deal with Salamander, owing to the sharp falls in oil prices. No deal means back to cash valuation. Why still fall when the deal is off... its good that the deal is off since oil prices has corrected a lot from whence the deal was announced. Now they can skeet new assets with better pricing. Maybe not 55 sen, but should have no issue climbing back to 50 sen."

http://malaysiafinance.blogspot.com/2014/11/sobering-look-at-sona-petroleum.html

Posted by cheeseburger > 2014-11-25 17:07 | Report Abuse

do your homework, read the IPO detail of sona .

Posted by supremekk > 2014-11-25 17:07 | Report Abuse

where to read the agreement for the 3 years protection from Sona that talking about the refund + interest ?

Posted by mrhuat > 2014-11-25 17:09 | Report Abuse

Is that possible to convert son to mother? If yes, how would it be calculated? Appreciate sifus here can give an example....

Posted by dofazdu8 > 2014-11-25 17:10 | Report Abuse

I thought the deal with SONA already, the offer from OPHIR only came after the HOA between Salamander and SONA. Should Salamander took the offer, I am sure hefty compensation will be given to SONA. Just a thought.

Posted by pisangkuat > 2014-11-25 17:16 | Report Abuse

A better day tmr...no sona not end of the world...byk lagi ctr lain...cheers....most important is realise the mistake done....and move on

Posted by e1shi > 2014-11-25 17:23 | Report Abuse

SC should be the one to blame.. late approval.. timing is everything.. Doesnt SC have a O&G expert to view this proposal? if not they should have one since most SPAC related to O&G

Posted by pisangkuat > 2014-11-25 17:28 | Report Abuse

Why blame sc? You the one who make decision to invest...when we told you so...we kena left right centre...say tht is your money...why now deal loss u blame sc?

Posted by e1shi > 2014-11-25 17:30 | Report Abuse

To lose a great potential asset because of late approval is soo frustrating.. You know it can make money, all loan has been approved but you you didn't get the approval.. cehhh

Posted by e1shi > 2014-11-25 17:32 | Report Abuse

pisangkuat, I did not lose yet, because I am among the initial investor..

Posted by pisangkuat > 2014-11-25 17:36 | Report Abuse

This is stock exchange fren....so now deal off..where the usual guy who entice ppl to buy and buy...? Kos, clj, and gangs? Do u knw many will died just listen to this ppl....you loss some nevermind...but some get influence and buy...and up loss everything...do u knw tht sort of sins should some who really put all their saving into it and maybe commit suicide? Will you not have hand of a murderer? Yes...u may say tht your decision...but if u sense something not right...u should warn ppl not entice ppl everyday sc coming and coming...so nw how coming already...what happened?....enough say...langtatlah kamu semua..

Posted by e1shi > 2014-11-25 17:44 | Report Abuse

Yes this is stock exchange fren... This counter is for investor, to be an investor you need to hold more than 6 months.. if not you are a trader.. Trader take risk and they knew the risk just like IFCA, Sumatec, Glotec and Warrant..

Posted by dofazdu8 > 2014-11-25 17:48 | Report Abuse

If they executed the approval process slightly faster before new offer come in, certainly the situation may be different. The delayed process give ample time to the other party making a new offer.