Posted by franklim > 2014-11-26 13:49 | Report Abuse

good news...got chance and discuss

Posted by sam91 > 2014-11-26 14:08 | Report Abuse

http://klse.i3investor.com/blogs/bfm_podcast/65074.jsp

Posted by qieen > 2014-11-26 14:39 | Report Abuse

Thanks Sam91, Listening to it now. Good talk!

'there is a lot of assets in the market but there is not much cash in the market...the positive thing with us is that we have cash....''

That's the point.

Posted by qieen > 2014-11-26 14:48 | Report Abuse

price fly....

Posted by CLIQmanagement > 2014-11-26 15:09 | Report Abuse

salamander is coming next week for discussion. that sounds funny, salamander has >50% shareholders agreed to sell to Ophir.

Posted by mrhuat > 2014-11-26 15:10 | Report Abuse

@qieen... I hv some question regarding this counter.... Is that possible that you could drop me an email so that I know how to reach you later... my email ng_kk87@hotmail.com

Posted by mrhuat > 2014-11-26 15:15 | Report Abuse

@kensen... may be you can help me too... appreciate if you could drop me an email if you dont want to expose your email here. Tks

Posted by prc4wifefe > 2014-11-26 15:49 | Report Abuse

paiseh mah...smdr sneak behind sona go dating...

now mah come apologies

Posted by prc4wifefe > 2014-11-26 15:51 | Report Abuse

quote hadian "in the unlikely event deal don't go thru..."

seems like MD still confident he can rescue it!!

Posted by Iching88 > 2014-11-26 15:52 | Report Abuse

ai ya...lu orang.....betul betul....hai...


be contrariang, when other selling, you buy and keep.

oli then you can make big money.

i will buy when dust settles while those too late to sell just keep till Nov 2015.

i guarantee you, Sona will be the darling stock of 2015, count my words.

: )

Posted by pfhong > 2014-11-26 15:53 | Report Abuse

salamander come to malaysia for discussion?

Posted by prc4wifefe > 2014-11-26 15:57 | Report Abuse

bukan semua pandai macam u mah

Posted by kensen > 2014-11-26 15:57 | Report Abuse

MrHuat - Dropped my mail already.

Posted by Iching88 > 2014-11-26 16:00 | Report Abuse

pasti mau discussion as they will have to compensate USD Millions for cancelling the deal. Yr End 2014 will be positive for Sona !..something to cheer about.

not smart, just be contrariang. : )

Posted by easymoney > 2014-11-26 16:01 | Report Abuse

I still want Sona to be darling stock of 2014.....hahaha

Posted by kensen > 2014-11-26 16:10 | Report Abuse

Mr Huat - I already sent back my reply. Hope it clarifies

Posted by prc4wifefe > 2014-11-26 16:10 | Report Abuse

tak payah bayar ler...sekarang dah corner 27%...SONA go EGM cant secure 75%....

hopefully Hadian can win back SMDR heart again

Posted by easymoney > 2014-11-26 16:15 | Report Abuse

Don't forget Ophir deal needs 75% also... can they succeed?

Posted by IVAN2222 > 2014-11-26 16:38 | Report Abuse

HUGE BUY VOLUME TODAY

Posted by Clj Jun > 2014-11-26 16:53 | Report Abuse

Good to see the salamander and Ophir are opening red now.

Posted by franklim > 2014-11-26 16:56 | Report Abuse

if salamander manangment willing come in malaysia to discuss this is a chance....

Posted by nooniez > 2014-11-26 16:58 | Report Abuse

they come to ask for more money from Sona.

Posted by LKWWGP > 2014-11-26 17:03 | Report Abuse

both price unchangeable...

Posted by franklim > 2014-11-26 17:07 | Report Abuse

heard salamander come is only rumor....wait news paper...

Posted by kinkudes_hc > 2014-11-26 17:50 | Report Abuse

hahaha fit its name.... Salamanders are opportunistic predators. Why choose Sona and at the same time looks at Ophir? Hehe... something funny by cicak Salamander.

Posted by mahorse > 2014-11-26 17:52 | Report Abuse

Price now stabilized. Hopefully, will start trending up again.

Posted by ngimng > 2014-11-26 18:00 | Report Abuse

New straits times reported tat Sona's top executives would be meeting SMDR next week. All british shareholders of SMDR have known it since 8 hrs ago....

Posted by franklim > 2014-11-26 18:16 | Report Abuse

hopefully can pass this test sona.....

Posted by prc4wifefe > 2014-11-26 20:36 | Report Abuse

Ophir cfo is formerly smdr director

Posted by sam91 > 2014-11-26 20:43 | Report Abuse

hmm if ophir cfo is formerly smdr director by now why sona go and meet them including ophir?

Posted by GPS777 > 2014-11-26 22:08 | Report Abuse

They are very cunning, knowing SC approval is in Nov 2014 and do so much things for what Ha? for this lah $$$$$$$$$$$$$$$

Posted by easymoney > 2014-11-26 22:29 | Report Abuse

here my thought on the whole thing, if Sona has announced the QA approval before the Ophir deal was announced, and Salamander still has accepted that lousy Ophir deal then you know for sure it is a gone case for Sona. But with the current situation, may be those Salamander directors got so scare after Cespa drop the offer, and now with Ophir came with a lousy deal, if they don't act quickly, who knows Ophir would do the same like Cespa then Salamander will end up with 0 option, somemore Sona QA approval still hanging in the air. May be that's why when Friday announced the offer, the next Monday all Salamander directors have agreed to the deal. Now they know Sona deal is still on the table for them to take, would they reconsider the whole thing? If I am Salam director, I will for sure reconsider.....won't you?
Well, to me SC this time slow in approval has complicated the whole thing for Sona for sure... Hadian has originally expected to take about 2 months that's why in MIDF luncheon he mentioned most likely end of Oct, but in today BFM talk he spoke good word for SC when asked about taking 3 months for SC to approve may be an issue....I think he still need SC in case they need to seek another QA approval and won't want to piss them off...hahaha

Posted by rasalghul > 2014-11-26 22:29 | Report Abuse

i wan say sc damn incompetent, if approve fast all tis wont happen jor.

Posted by easymoney > 2014-11-26 22:45 | Report Abuse

Ophir share keep dropping is a good news for Sona.... the offer is getting less and less attractive, imagine the deal was offer based on 202.7, and now is only 163... if OPEC meeting decide not going to cut production, Ophir share could see more downside.... who knows Salamander will announce in view of current unfavourable Ophir share, we decided not to proceed.....possible? ( my christmas wish) hahaha

Posted by Iching88 > 2014-11-26 22:50 | Report Abuse

ai ya ya.....not so easy,easymoney, their partnership are based on long term view instead of short term shares movement.

Don't worry, sona will get its princess very very soon.... : )

Posted by easymoney > 2014-11-26 23:00 | Report Abuse

long term view for Salamander to accept Sona deal and as partner I would consider is much better loh.... Salamander has debt may be roughly 250m-300m, with the cash deal from Sona can pare down those debt to the level which is easily manageable....

If Sona can find another princess very very soon would even better... then Hadian can point his middle finger to the face of Salamander directors...hahaha

Posted by easymoney > 2014-11-27 00:23 | Report Abuse

Comment from someone on UK sharechat pretty interesting...hahaha

reflecting on the ophir deal

As many people are aware the shareholders have lost confidence in the management and as many others know the oil price is depressed due to the squeeze on russia which i am sure will not last to long

sona offers $280 for 40% stake in bualang plus aditional money towards the successfull drill campaign pretty good deal puts the value of salamander bualang field $672 million west kerendan gas about to be supplied i believe revenue of in excess of $20 million/ annum starting point looking to double that over the next couple of years so lets just say value $100 million then we have to look at the assets and smaller field developments that are coming on board in fact lets miss them out why not everyone else is so total asset value for the sale of the company $772 less $200 million in debt is that fair value $570 million

so as the management of this company are saying well done boys we have sucked the long term shareholders in totally devalued there holdings we now have great assets and a cash offer for 40% of one of our fields for £280 million not bad eh

o wait a minute remember that guy that worked for us you know the guy who moved to ophir he has written to us and offered us wait for it
a deal which values the company at $220 million tell you what lets tell the shareholders that this is great value afterall he has promised us good jobs great salaries and lots of shares as bonuses

o wait a minute do we not have a duty of care for the shareholders to maximise the value of the company and indeed there investment?

?

Posted by king of stock (king shark) > 2014-11-27 02:04 | Report Abuse

I am back haha

Posted by jasonor > 2014-11-27 02:10 | Report Abuse

bila mau goreng?

Posted by king of stock (king shark) > 2014-11-27 02:10 | Report Abuse

U all must understand u think ophir stupid buying salamder now they all are playing games with u all haha

Posted by king of stock (king shark) > 2014-11-27 02:12 | Report Abuse

I tell u all some tip this all company are now. Eat some cheap price

Posted by Clj Jun > 2014-11-27 06:52 | Report Abuse

@KOS no kidding pls, pls provide evidence to proof that they are playing game with us.

Posted by bracoli > 2014-11-27 08:27 | Report Abuse

kos u always come back but no goleng from u.. huhu
u got tix back to KL or not? sometimes try malaysian nasi lemak la

Posted by gopiwira > 2014-11-27 08:47 | Report Abuse

No news no goreng

Posted by cskek81 > 2014-11-27 08:49 | Report Abuse

tradermann Singaporean tycoon peter lim eng hock will goreng up tmclife~wa to 0.33....
http://mintech1.wordpress.com/

How true of this news? Any one knows Tradermann?

Posted by qieen > 2014-11-27 08:53 | Report Abuse

Mrhuat, I have missed ur msg but I believe Kensen has answered ur question perfectly.

KOS, why don you too eat cheap price now, help us to boots up the share price?

Posted by king of stock (king shark) > 2014-11-27 10:50 | Report Abuse

Boots up the share price? Must have right time.

Posted by yongyou > 2014-11-27 11:07 | Report Abuse

right time to enter now?

Posted by king of stock (king shark) > 2014-11-27 11:09 | Report Abuse

Buy low sell high

Posted by alex2012 > 2014-11-27 11:13 | Report Abuse

look at the klse and world index...seems like something big is coming...