Posted by nice1 > 2014-12-08 20:48 | Report Abuse

sona is screwed and screwed

salamander deal is screwed, if the previous high purchase price is accepted as oil price has gone down 40%. IRR is definately very low now vs months ago, bankers may think twice to proceed with the loans too. we are screwed and screwed. unless the price is re-negotiated at lower price and accepted by both parties

If the salamander deal is scraped, could be good news in short term but we are screwed and screwed again if no good deals is found within 1.5 yrs

so we can all be screwed and screwed.

what you guys thinks?

Posted by Iching88 > 2014-12-08 22:35 | Report Abuse

heard sona now want to buy 40% of Petronas. : )

Posted by smartrader > 2014-12-08 22:47 | Report Abuse

Wont b surprised If sona shareholders will reject this deal if price is not renegotiated. Irr is supposed to be at least 15% as a guide. With brent below 70, it.might not b achievable.

Posted by smartrader > 2014-12-08 22:52 | Report Abuse

Since oil price is low n no approved.deals yet, we should feel very safe in holding sona. Better deals could b worked out over next few months. Time is still on our side.

Posted by nice1 > 2014-12-09 07:17 | Report Abuse

unlikely unless just a small producing field from Petronas



Posted by Iching88 > Dec 8, 2014 10:35 PM | Report Abuse

heard sona now want to buy 40% of Petronas. : )

Posted by CLIQmanagement > 2014-12-09 09:33 | Report Abuse

PETRONAS market cap at more than RM50billion bro Iching. is 50,000 million.
Sona with loan is only having cash of 900million

Posted by rogras > 2014-12-09 09:55 | Report Abuse

anything is possible! Sona is gold mine

Posted by nuraisyah > 2014-12-09 11:06 | Report Abuse

rebound will come dear

Posted by joesona > 2014-12-09 12:44 | Report Abuse

Petronas Sona just a dream?

Posted by CLIQmanagement > 2014-12-09 15:22 | Report Abuse

continue with your petronas dream guys. I rather think of others which is more possible.

Posted by e1shi > 2014-12-09 15:46 | Report Abuse

hahaha. you guys are funny.. keep speculating..

Posted by mrkee > 2014-12-09 16:13 | Report Abuse

why SONA already meet SMDR still no announce cancellation of deal!!???

Posted by mrkee > 2014-12-09 16:13 | Report Abuse

answer: something brewing now

Posted by dragonfruits > 2014-12-09 16:57 | Report Abuse

Goreng down soon?

Posted by nice1 > 2014-12-09 17:13 | Report Abuse

if sona management got brain - which many claimed they have the best people in the business - which till now just plan BS - should re-negotiate the purchase price with Salamander for a win - win scenario

then, we all got hope or just plan BS and screwed guys

Posted by beso > 2014-12-09 17:19 | Report Abuse

one day 1.x% down, next month it become 0.20

Posted by Iching88 > 2014-12-09 17:25 | Report Abuse

Heard Sona is eyeing 40% US shale oil fields.Signing soon.

: )

Posted by kensen > 2014-12-09 17:36 | Report Abuse

Iching88.. u so funny.
US shale oil, Petronas...How about sand oil in Canada

Posted by e1shi > 2014-12-09 17:52 | Report Abuse

current smdr share price 58.00 pence.. drop 5%

Posted by e1shi > 2014-12-09 17:53 | Report Abuse

sona should buy smdr 100%

Posted by joesona > 2014-12-09 17:58 | Report Abuse

Sona

Posted by joesona > 2014-12-09 17:58 | Report Abuse

Miracle for Sona!

Posted by king of stock (king shark) > 2014-12-09 17:59 | Report Abuse

Be patient u no see sona price maintain 40sen

Posted by pisangkuat > 2014-12-09 18:04 | Report Abuse

Sona is buying cooking oil, love oil, lembu oil, and pisang oil...soon....stay tune....sure will go up

Posted by Iching88 > 2014-12-09 18:12 | Report Abuse

ok ok...tell you the truth.

heard Sona is acquiring 40% of Reach, 100% cliq.

Posted by BURSATIPS > 2014-12-09 18:51 | Report Abuse

Hold tight.The most stable stock during bear market.
Something brewing.

Posted by cherry tomato > 2014-12-09 19:43 | Report Abuse

Agreed all counter down. Sona remain 40cents standing FIRM.

Posted by kensen > 2014-12-09 19:58 | Report Abuse

Guys guys u all are funny
Let me tag along
Currently, Salamander is trading at 57.5 pence & this means equivalent to GBP145 mill
Sona 40% for Bualuang assets is USD281.2 mill and that equivalent to GBP180 mill.

Hence, Sona now can buy the whole Salamander at GBP180 mill.
And as the purchase consideration is in USD, probably they already hedged their USD at RM3.20 - 3.25.. and at cuŕrent price of USD at 3.50, they gain 8 to 10%.

Sona is not buying 40% now. They are negotiating to buy 100% of Bualuang assets

Posted by BURSATIPS > 2014-12-09 20:03 | Report Abuse

Agree Sona can buy cheaper asset.

Posted by gopiwira > 2014-12-09 20:19 | Report Abuse

Another 6 month SC approval

Posted by gopiwira > 2014-12-09 20:19 | Report Abuse

Price up again

Posted by derrickinvestor > 2014-12-09 20:34 | Report Abuse

in your dream?

Posted by nice1 > 2014-12-09 20:41 | Report Abuse

for the SPA signed with Salamandar, any down payment paid to them for Bualang?

if deposit paid, is it refundable? how much?

Posted by water99 > 2014-12-09 21:59 | Report Abuse

Still hope? Oil price already 6plus and lower? No short term rebound

Posted by yamatotrading > 2014-12-09 22:23 | Report Abuse

i love you @kensen

Posted by king of stock (raja saham) > 2014-12-09 22:29 | Report Abuse

Sona will get qa coming soon!!!!!!

Posted by Ven Felix > 2014-12-09 22:32 | Report Abuse

Stay solid Sona.. Follow the mone ! So far still stay on a firm ground. Rules no 1 , dont loose your capital. Hard time not necessarily unfavorable to Sona. Bullet are readily.

Posted by mrkee > 2014-12-10 08:05 | Report Abuse

Sona implosion finished...this week explosion coming

Posted by Ring > 2014-12-10 08:17 | Report Abuse

Supply and demand will determine oil prices in coming months, an oil official from the United Arab Emirates said on Tuesday, the latest sign that Gulf members in the Organization of the Petroleum Exporting Countries were ready to weather lower prices after deciding to not cut output last month.

Posted by nice1 > 2014-12-10 08:18 | Report Abuse

no good news coming out yet, all speculations are plain BS

you are all screwed

Posted by nice1 > 2014-12-10 08:48 | Report Abuse

oil prices at low around USD62, many opportunities for sona if they got brain

Many oil fields are open for sales as the distressed oil companies are selling out

sona shud re-negotiate the salamander deal or abort it.

lets screwed it

cow brain, monkey brain, chicken brains

Posted by michael_lee > 2014-12-10 12:12 | Report Abuse

Seriously what the hell is going on with sona now. 3 weeks since sc approval and still no updates frm the mgmt. Really efficient.

Posted by Ven Felix > 2014-12-10 12:23 | Report Abuse

Seriously, with the falling of recently c.oil, What impact if the Deal still a go ??? What value can offer left ? Macro din favor its sector, So , no deal is good ; deal that done with guarantedprofit are eexcellent errr is it possible ? Ant in the hot pan, for those who committed massive Carpex....think think think.

Posted by Ven Felix > 2014-12-10 12:28 | Report Abuse

Avoiding from blooding first, better bargain comes later. For me O&g is not an option rite now.

Posted by Harvard57 > 2014-12-10 12:34 | Report Abuse

the only counters can recover all sona loss will Stone !!! just buy and keep sure firework to TP2.2 !!

Posted by king of stock (raja saham) > 2014-12-10 14:43 | Report Abuse

Write a comment..ATTACK!!!!QA!!!!

Posted by king of stock (raja saham) > 2014-12-10 14:44 | Report Abuse

Come on!!""

Posted by king of stock (raja saham) > 2014-12-10 14:44 | Report Abuse

Bring on!!!!

Posted by Ring > 2014-12-10 15:03 | Report Abuse

Crude Oil 63.82 +1.21%
Natural Gas 3.65 +1.56%
Gasoline 1.72 +0.99%
Heating Oil 2.08 +1.40%
Gold 1231.50 +2.99%
Silver 17.08 +5.06%
Copper 2.95 +1.22%
2014.12.09 end-of-day

Posted by gopiwira > 2014-12-10 15:27 | Report Abuse

TP 6.0 in six months. Up to u