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

Nancy Tang

853 posts

Posted by Nancy Tang > 2014-11-25 17:53 | Report Abuse

Earlier the management was touted as the ' magnificent 3 ' ... but sadly now has turned into the ' 3 stooges ' !

Iching88

537 posts

Posted by Iching88 > 2014-11-25 17:54 | Report Abuse

let the dusts settle then enter back for a quick kill. this is share markets, willing buyers, willing sellers. dt blame anyone for your own sins....greed.

Posted by Angel_Investor > 2014-11-25 18:01 | Report Abuse

Shall be best buy at 0.35!

rimrim

345 posts

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

Ayooo, people easlly panic and run away...

Posted by Christiano Jay > 2014-11-25 18:16 | Report Abuse

Today is jz panic selling only, everyone knows refund price at 0.45+, there will be 2nd panic selling after salamander EGM result out.

e1shi

212 posts

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

the main reason I am still investing in Sona because of Dato' Maznah. She is good and will secure your investment..

e1shi

212 posts

Posted by e1shi > 2014-11-25 18:19 | Report Abuse

I didn't know much about OnG.. hahahaha I mostly invest in dividend yield stock

mahorse

381 posts

Posted by mahorse > 2014-11-25 18:58 | Report Abuse

Now that all news are out, what is next ?? Ball at Salamandar's court ?

pfhong

372 posts

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

The deal no end yet la, all these 3 parties's EGM haven't pass.just hold and see la..

franklim

40 posts

Posted by franklim > 2014-11-25 19:14 | Report Abuse

i have reseach the news,salamander only 25.6% shareholder agree ophir proposed offer...then now wait for sona next announcement and salamander...

prc4wifefe

3,564 posts

Posted by prc4wifefe > 2014-11-25 19:24 | Report Abuse

25.6% is all irrevocable or include LOI?

pfhong

372 posts

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

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.

Meanwhile, under the Ophir offer, Salamander shareholders would be entitled to 0.5719 Ophir shares for each Salamander share they hold, the companies said in a joint statement yesterday.



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

franklim

40 posts

Posted by franklim > 2014-11-25 19:36 | Report Abuse

yap...25.6% have comfirm...but 7+% shareholder have give answer...but really i dont know the situation of salamander shareholder..above only for individual...

pisangkuat

1,060 posts

Posted by pisangkuat > 2014-11-25 19:41 | Report Abuse

Pfhong....tht news already old lah...tdy ophir already submit their offer...your news dated 22nd nov...tdy 25 nov...aduh....masturbating yourself again...

pfhong

372 posts

Posted by pfhong > 2014-11-25 19:47 | Report Abuse

I know la pisangkuat, what i trying to highlight is some source said that if the Ophir offer is same with the joint announcement sala and ophir, then most probably they will reject..I dont know whether Ophir's official offer are same with the joint announcement or not, any sifu can advise?

pfhong

372 posts

Posted by pfhong > 2014-11-25 19:53 | Report Abuse

until now what we got about Ophir and salamander still the same info with last week, then why yesterday sona price still looks good, only today drop?panic sell?

pfhong

372 posts

Posted by pfhong > 2014-11-25 19:55 | Report Abuse

pisangkuat,you said what i posted was 22nd news, but why yesterday price din't drop much?

6182al

310 posts

Posted by 6182al > 2014-11-25 20:14 | Report Abuse

in OPHIR condition of OFFER the pact of SALE to SONA be terminated

Ant

1,504 posts

Posted by Ant > 2014-11-25 20:39 | Report Abuse

still have chance but 70% over 30%

prc4wifefe

3,564 posts

Posted by prc4wifefe > 2014-11-25 20:40 | Report Abuse

Besok morning trading halt lagi...

pfhong

372 posts

Posted by pfhong > 2014-11-25 20:49 | Report Abuse

salamander share price keep droping..

prc4wifefe

3,564 posts

Posted by prc4wifefe > 2014-11-25 20:53 | Report Abuse

Coz external ppl view...news article say smdr + ophir done deal....but Hadian pursuingthe assets!!!
People are thinking is this guy mad!!!!
Or does he really got something hidden...a hidden hand...

GPS777

184 posts

Posted by GPS777 > 2014-11-25 21:06 | Report Abuse

Sona sure rebound tomorrow ........just wait and c............Salamander will take sona offer and decline Ophir offer.

Clj Jun

1,094 posts

Posted by Clj Jun > 2014-11-25 21:08 | Report Abuse

All we have to do is pray for God.

riaz

160 posts

Posted by riaz > 2014-11-25 21:14 | Report Abuse

Frankly..i am happy the deal is off

pfhong

372 posts

Posted by pfhong > 2014-11-25 21:24 | Report Abuse

GPS777, salamander will decide by today?I don't think they decide today..

riaz

160 posts

Posted by riaz > 2014-11-25 21:26 | Report Abuse

Ophir share also keep on dropping

Clj Jun

1,094 posts

Posted by Clj Jun > 2014-11-25 21:29 | Report Abuse

Actually the deal is off but it doesn't mean this is the end of sona. Sona was get SC approved, they still have another 1.5 years to look for another QA. Since crude oil will estimated drop to usd50, sona should save their money to look for cheaper and profitable assets.

prc4wifefe

3,564 posts

Posted by prc4wifefe > 2014-11-25 21:41 | Report Abuse

Smdr also drop....wakakaka....serve them right

dragonfruits

1,285 posts

Posted by dragonfruits > 2014-11-25 22:01 | Report Abuse

If salamada married sona, price will up meh?

Posted by zoolkhibri > 2014-11-25 22:02 | Report Abuse

Check out @BFMradio's Tweet: https://twitter.com/BFMradio/status/537236801975779329?s=08

dragonfruits

1,285 posts

Posted by dragonfruits > 2014-11-25 22:04 | Report Abuse

U makan with him?

prc4wifefe

3,564 posts

Posted by prc4wifefe > 2014-11-25 22:08 | Report Abuse

No doubt I'll be listening tomorrow!!

rubisa57

207 posts

Posted by rubisa57 > 2014-11-25 22:10 | Report Abuse

SC also to be blame..lembab. Why approve the aquisition only when ophir already offer to buy Sal.

Iching88

537 posts

Posted by Iching88 > 2014-11-25 22:13 | Report Abuse

one sentence to you all.

get a life.

: )

CK Lim

35 posts

Posted by CK Lim > 2014-11-25 22:34 | Report Abuse

Just curious, now with Salamander BOD approved the acquisition, does this means that they do not need to get other share holder approval through EGM to finalized the acquisition? It seen to be fast for Ophir to bought over Salamander and not too sure whether is this a normal practice? Will the deal call off if Salamander share holder does not accept the share exchange?

leo218

5,533 posts

Posted by leo218 > 2014-11-25 22:36 | Report Abuse

Been asking u guys run at 10 am n 1 pm plus. Use yr brain to think la. Wait salamander cancel sona deal. By then lose die u

Posted by king of stock (king shark) > 2014-11-25 22:43 | Report Abuse

The show not yet finish i and king shark not yet start eat cheap price now sona boss playing game with u all haha

Posted by king of stock (king shark) > 2014-11-25 22:50 | Report Abuse

And don't worry will come back but don't play contra

uiepoo

24 posts

Posted by uiepoo > 2014-11-25 23:01 | Report Abuse

king of stock u have handphone number? can i call u? i lost alot money in sona.... pls help me...

e1shi

212 posts

Posted by e1shi > 2014-11-25 23:01 | Report Abuse

KOS sudah sampai KL? dont worry, party just started

dragonfruits

1,285 posts

Posted by dragonfruits > 2014-11-25 23:06 | Report Abuse

Wakakka.king of shark Mali

cassyee

1,018 posts

Posted by cassyee > 2014-11-25 23:12 | Report Abuse

King shark. h.... good heard u say, if don't want then ... faster drop it... waiting grab lower again...: )

When u back ifca again!!!!!!

bracoli

2,579 posts

Posted by bracoli > 2014-11-25 23:15 | Report Abuse

Kos dont leave us

sam91

127 posts

Posted by sam91 > 2014-11-25 23:21 | Report Abuse

LOL kos still have the pleasure for shark story telling... impressed

qwertyuiop

590 posts

Posted by qwertyuiop > 2014-11-25 23:28 | Report Abuse

Try to make a wise decision, if currently you are facing huge paper loss, why don't you just hold it for confirmation later? even if the deal is cancelled, still got more than a year for them, and of course, they might have backup plans, who knows? But most importantly, sona is hotter than sauna, sharks like these stocks, definitely they will goreng. Stock market is about psychology, control your emotion and make decision wisely. Instead of realizing huge loss, why not try to wait for further results? Cheers.

Clj Jun

1,094 posts

Posted by Clj Jun > 2014-11-25 23:36 | Report Abuse

KOS is still dreaming with sona failed the deal with salamander. Do you think sona will goreng after Sona return back to spac?

Ven Felix

2,182 posts

Posted by Ven Felix > 2014-11-25 23:47 | Report Abuse

Place your bet at $0.37 pleasse...

Go4Share

108 posts

Posted by Go4Share > 2014-11-26 00:20 | Report Abuse

Like to see Sona follows the footstep of SKPetro, buy an oil asset in Malaysia first. Then can spread its wing overseas after making a good profit from the acquisition.

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