Posted by jasonor > 2014-11-28 01:21 | Report Abuse

oil low its surprisingly good for spac or company that looks forward to acquire oil fields or stakes in oil company. becoz they can now buy cheaper, which means that the bargaining power of buyer is stronger. oil dropping to new low is like year end sale, quality products mega sales 70% discount u dunwan buy meh?
on the other hand, if sala deal is off. its also a good news to sona. because it can look for more cheaper but quality deals.. last time when make deal with sala, the oil is still high and they need pay alot of money to tht cicak salamender. but now oil is low, so they can choose to make a deal with other companies and get better values by buying cheaper in time of crisis. both ways, it benefited sona or other companies tht looking for value deals out there.
happy investing =)

Posted by yamatotrading > 2014-11-28 06:11 | Report Abuse

Sona offer to Salamander become attractive now

Posted by kensen > 2014-11-28 06:35 | Report Abuse

Leave Salamander behind.... Brent dropped so much to USD72.58 now. Is good timing for Sona to scout cheaper good assets. Timing has never been so good for Sona

Posted by Clj Jun > 2014-11-28 07:20 | Report Abuse

Wake up guys, crude oil now 68.89 now. Thanks God sona was missed the deal with salamander.

Posted by kensen > 2014-11-28 07:55 | Report Abuse

Thanks God for the blessing.
Even though she is pretty but she is materialistic, cunning and slippery like "cicak".
Sona, you are cash rich man with substance & now more pretty gals with right attitudes outside awaiting for you. There are least thousand gals from all over Asia showing interests on you.

As far as for the cicak gal, let her marry that Ophir guy. Hope they are happy together

Posted by kensen > 2014-11-28 08:01 | Report Abuse

Cicak gal & Ophir guys' parents (i.e. shareholders), don't blame us for anything in future. Is the decision of made by your son & daughter as adult.

We just want inform u all we are going to live happily ever after.

Posted by kensen > 2014-11-28 08:07 | Report Abuse

Hi All, SONA is not an O&G stock yet.
ANY DROP IN WTI OR CRUDE OIL SHOULD NOT HAVE AN IMPACT ON SONA
BUT INSTEAD BENEFICIAL (LIKE AIRLINES & SHIPPING), AS WE CAN BUY CHEAPER ASSETS !!!

Posted by prc4wifefe > 2014-11-28 08:09 | Report Abuse

Oil low but seller willing to sell low but? i dont think by much especially in production mode. ...Unless u like sumatec buy in low grade area. ...Baru cheap cheap

Posted by CLIQmanagement > 2014-11-28 08:10 | Report Abuse

we are looking at Brent, not Crude..

Posted by kensen > 2014-11-28 08:17 | Report Abuse

Hi Cliq - WTI & Brent also are crude oils
Just different grades. As for us in Asia we using Brent but if we sell to US then we use WTI as benchmark

Posted by CLIQmanagement > 2014-11-28 08:20 | Report Abuse

ok ok. Hope no panic selling today.

Posted by easymoney > 2014-11-28 08:23 | Report Abuse

Jasonor, agree with what you said.... Sona is now in a win-win situation with the blessing from this depressed low oil price.

The good thing is if Salam deal go through Sona can graduate from SPAC sooner and will attract interest from serious big funds to invest and and also they are more flexible to raise money to buy more assets if needed.

If the deal didn't go through like Kensen said good timing to scout cheaper pretty good asset, and we know Sona is already on the ground going through the assets.....

So me just relax, and wait for good news from Hadian earliest next week can know the answer...hahaha

Posted by meisarel > 2014-11-28 08:24 | Report Abuse

Dear SONA,

Pls take advantage of low oil price.

Ditch unfaithful Salamander immediately.

Find a new loyal partner instead.

We shareholders are willing to wait patiently.


Regards

Posted by CLIQmanagement > 2014-11-28 08:25 | Report Abuse

now Hadian can talk louder already. Ask for more discount.

Posted by bracoli > 2014-11-28 08:30 | Report Abuse

let ophir take over salamander the cicak kobek company..
sona keep cash finds other more sustainable growth take over.

Posted by mahorse > 2014-11-28 08:37 | Report Abuse

How much lower will it go , considering that there is the 90% cash back in 18 months ?

Posted by qieen > 2014-11-28 08:42 | Report Abuse

Easymoney, with this oil price status and high loan, less profit, SONA TP will not be so attractive. He must find a more decent deal with cheaper price and so lower loan, guarantee return. GOOD!!! Should I Thanks SC for delaying the approval?

Posted by Datokim > 2014-11-28 08:44 | Report Abuse

I think sona is seriously damaged, it's no way it can full fill he original plan as oil price has dropped far far beyond sona forecast, this is a typical eg of invest what you know,not invest first only learn the industry. Sona basically do not understand global oil game, they are very shock now n May don't know how to handle it. If sona just leave it as it n just draw the fat salary for next 2 years then it's price will drift lower to lower.
but if sona just simply go in to this trade now, the share price might crash 20% .
All sona retail investors now got no choice either jump ship or waiting at sinking ship.
It's very clearly show that bankers hav dump out all their holding since last month

Posted by easymoney > 2014-11-28 08:48 | Report Abuse

Datokim, datokim, you trying to look for some possible cheap sale here today? low oil price is not going to stay here forever, use your brain a little bit lar and not talk through your ass-hole.....

Posted by qieen > 2014-11-28 08:54 | Report Abuse

Datokim, read this paragraph

Nevertheless, the report was positive on the Asian O&G scene, noting that production was in shallow and midwater areas and that the breakeven cost of production is around the US$30 to US$40 per barrel in terms of Brent oil price.

“Asia’s spending is driven by national oil companies (NOCs) instead of international oil companies (IOCs). NOCs’ goal is to maintain/achieve self-sufficiency while IOCs maximise profits and shareholder returns. Thus, NOCs’ spending is typically more resilient than that of IOCs. As a whole, Asia accounts for 33% of global oil demand but only 9% of production.”

MIDF’s Tan concurred and remained positive on the O&G sector mainly because of Petronas.

Posted by gopiwira > 2014-11-28 08:56 | Report Abuse

Better that Sona reject Salamander and get a hetter QA. Sona does not lose anything yet.

Posted by gopiwira > 2014-11-28 08:57 | Report Abuse

I think Sona share will goes up id Salamander deal r off

Posted by michael_lee > 2014-11-28 09:00 | Report Abuse

Seriously hope hadian can get a new qa fast. And hope sc can buck up next time

Posted by Jun Clj > 2014-11-28 09:04 | Report Abuse

Just look at Salamander and Ophir their share prices keep dropping everyday like never end. crude oil should drop to 50 soon, then later sona should find another cheaper and valuable oil rigs. Better don't buy from salamander, 100% confirm makes sona loss with debt.

Posted by michael_lee > 2014-11-28 09:25 | Report Abuse

The son is hopeless

Posted by leo218 > 2014-11-28 09:28 | Report Abuse

dun said me SKL. asked u guys run on last week..sohai still risk. upside limited , downside huge still hold last week

Posted by lim88 > 2014-11-28 09:30 | Report Abuse

see trapping us liao....after that said oh QA fail lah...this lah bird lah

Posted by dragonfruits > 2014-11-28 09:32 | Report Abuse

Humm sohai

Posted by LaoLiu > 2014-11-28 09:33 | Report Abuse

Recent O&G sector is moving downtrend, better stay side way and don't simply invest into it. Really do is opportunity to invest some in this sector, but wait till it have a stable trend 1st. For Sona, as Global O&G Prices, now affecting the Stock Prices, Unknown Support Point.

Posted by leo218 > 2014-11-28 09:33 | Report Abuse

when QA is failed , more downside

Posted by dragonfruits > 2014-11-28 09:36 | Report Abuse

Jadi 1 time sohai enough liaozzz

Posted by lim88 > 2014-11-28 09:38 | Report Abuse

buy lah..buy lah...after sohai said ogh get SC pass lah...

Posted by Jun Clj > 2014-11-28 09:48 | Report Abuse

Who care for it? Drop lah shit warrant. I already trapped in here half year, why I need to scare? I will cut loss at next year end bah. Better cut loss at 0.005 at next year. I don't believe I can't earn back my losses in next whole year.

Posted by alex2012 > 2014-11-28 09:52 | Report Abuse

next year is bear market la...how to earn? 2016 only can start recover...

Posted by LaoLiu > 2014-11-28 09:55 | Report Abuse

Patience wait for it, although it may take for some times. As long as the company is not bankrupt and the market is not collapse, people still in interest to invest in it, there is still hope on Sona.

Posted by lim88 > 2014-11-28 09:59 | Report Abuse

patience lagi kah..bro...all trapping us lah..if can buy dah buy lah...SC not pass lah..Salamander no need sell lah..apa ni....

Posted by Harvard57 > 2014-11-28 10:00 | Report Abuse

my advice remain same AVOID COMPLETELY OIL N GAS STOCK !!!!!!!!!
sometime do not b stubborn n keep to own principle, if some one give advice why dont just cool down n THINK his/ her view.
i can tell you that this oil game will last for long period.
US will keep fix the global oil price until all muslim countries say they are not supporting ISIS, our country stand on ISIS is quite clear but there are different voice pop up therefore Petronas also suffering now.
i believe those who got link with friend working in investment banks also got informed that all institution fund are down loading all oil stocks in all fronts !!! there are few more yet to dip further !!! dont play play with oil, once burn........

Posted by lim88 > 2014-11-28 10:00 | Report Abuse

lagi baik said ini company tipu orang...

Posted by e1shi > 2014-11-28 10:04 | Report Abuse

be patient.. oil price drop (KLCI counter downtrend).. oil price up (our daily expenses increase).. now government already put fuel price floating mechanism.. as long SONA still have cash, shouldn't be a problem..

Posted by LKWWGP > 2014-11-28 10:05 | Report Abuse

CRY WITHOUT TEARS......

Posted by newkid > 2014-11-28 10:07 | Report Abuse

harvard57, you say go for Stone can recover our loss 80%, you guarantee ?? but the stock tadak volume, macam mana kita beli..
what the TP for stone.

Posted by lim88 > 2014-11-28 10:08 | Report Abuse

good company..good future....when open IPO .......see what happen now...

Posted by pisangkuat > 2014-11-28 10:08 | Report Abuse

Harvard57.....save your energy lah..me and noriz many time advice already but still many stubborn like cow...dnt care lah..just let them terjun flat...only tak boleh tahan is those already trap entice ppl to buy especially newbies...and worst still where is KOS? Down he terus hilang..but funny things is ppl still follow...we give sound advice kena left, right centre..sekarang lantak semua pergi mampuslah...

Posted by alex2012 > 2014-11-28 10:11 | Report Abuse

Harvard is right...next year o&G nomore new project already...over supply...just like the shipping company many years ago...so better keep cash and aim for other industry after market bottom...expected 2016...

Posted by lim88 > 2014-11-28 10:12 | Report Abuse

OH..TAKE UP MOTHER PRICE...PUT DOWN SON PRICE....GOOD COMPANY...GOOD MANAGEMENT ......

Posted by Jun Clj > 2014-11-28 10:12 | Report Abuse

No need to patience, just consider all that money was robbed by robber or conned by a conman. Then next year I just work part time jobs to earn back all my losses.

Posted by lim88 > 2014-11-28 10:14 | Report Abuse

YA LAH......SENDIRI MAKAN CILI SENDIRI RASA PEDAS LAH..BETUL TAK...

Posted by lim88 > 2014-11-28 10:30 | Report Abuse

after this..Hadis will see u all at AGM and said oh...we get it.....then price going up....

Posted by easymoney > 2014-11-28 10:34 | Report Abuse

lim88 done with farting here?....the whole room so smelly now...can't you smell it or you have a nose block today....hahaha

Posted by easymoney > 2014-11-28 10:37 | Report Abuse

pisngkuat, pisangkuat our smart investor, why don't you spend sometime in Suma also to advice those "rich" guys.. now the price down so low... they will truly appreciate you....