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

nice1

819 posts

Posted by nice1 > 2014-12-14 09:50 | Report Abuse

any insiders around?
what assets sona is interested as its buyer market? cherry picking time if sona managment is good

Posted by michael_lee > 2014-12-14 23:19 | Report Abuse

Another new low for the warrant tmr??? Seriously damn facepalm with sona till now still haven't announced any progression

nice1

819 posts

Posted by nice1 > 2014-12-15 07:31 | Report Abuse

as oil price continue to sink, it is unlikely any SPAC will announce any acquisition QA

downside risk of oil price is still great until it has bottomed, then probably news on QA

AhSook AhKou

1,296 posts

Posted by AhSook AhKou > 2014-12-15 07:49 | Report Abuse

Good time for Sona to acquire as Oil price is not far from bottom of the ocean !!!

nice1

819 posts

Posted by nice1 > 2014-12-15 07:56 | Report Abuse

true, I think the bottom is around US50 +-
good time to source for quality QA, its buyer market

or else we are all fuc

callme777

1,586 posts

Posted by callme777 > 2014-12-15 09:45 | Report Abuse

Not all fuc la. Keep la. Holding power for mother. Good luck to all

ahhuat001

110 posts

Posted by ahhuat001 > 2014-12-15 10:36 | Report Abuse

I think sona is working on the QA. let said Sona get QA and WA still at 0.1 and mother still at 0.4, then convert to mother got untung??? need all sifu's advice

IVAN2222

2,094 posts

Posted by IVAN2222 > 2014-12-15 11:08 | Report Abuse

what's happening on sona??keep on mid...

Jun Clj

1,094 posts

Posted by Jun Clj > 2014-12-15 11:30 | Report Abuse

Hold one more year for the warrant. I really no eyes see liao. Better just forget it and do my other things.

Posted by king of stock (raja saham) > 2014-12-15 12:13 | Report Abuse

Add more sona-wa between 10sen-11sen

Ant

1,504 posts

Posted by Ant > 2014-12-15 12:56 | Report Abuse

Kos... not every like u lah... got 30m
i had bought mother from .048 to .42
Son 0.255 to 0.12
Lot of stock in hand but no money liuo..
and paper lose 45% too.. LOL.

Ant

1,504 posts

Posted by Ant > 2014-12-15 12:57 | Report Abuse

really no I c

Ant

1,504 posts

Posted by Ant > 2014-12-15 13:02 | Report Abuse

if son go down to 0.06 then will buy again...

nice1

819 posts

Posted by nice1 > 2014-12-15 15:06 | Report Abuse

Read in the Edge about the 90% trust fund- if no QA will return to shareholders EXCLUDING MANAGEMENT AND EARLY INVESTORS

that means - the Dato Sri Hadian and Maznah - get telur if no QA (though their cost is low)
those staff and investors that bought before IPO - also get telur

Can sifu here confirm this

jacklintan

1,722 posts

Posted by jacklintan > 2014-12-15 15:55 | Report Abuse

what r u talking about telur, nice1?

nice1

819 posts

Posted by nice1 > 2014-12-15 16:02 | Report Abuse

telur means in event no QA, the management and early investors get nothing, not even a cents

read weekend Edge magazine

Posted by CLIQmanagement > 2014-12-15 16:48 | Report Abuse

now everyday when market opens, i hope for market close within the minutes. I love to see market closed, is a relief.

BURSATIPS

75 posts

Posted by BURSATIPS > 2014-12-15 19:59 | Report Abuse

Maybe not 55 sen, but should have no issue climbing back to 50 sen.

pfhong

372 posts

Posted by pfhong > 2014-12-15 21:57 | Report Abuse

with this kind of market, no drop consider good lo..just wait and wait..

joesona

12 posts

Posted by joesona > 2014-12-16 00:59 | Report Abuse

Patience is an essential quality if you to accomplish a particular goal you have set (0.60 or $2.00 ).

joesona

12 posts

Posted by joesona > 2014-12-16 01:09 | Report Abuse

Write a comment..Be smart and seize opportunity, don't lament and just buy bit by bit if you can afford

Harvard57

495 posts

Posted by Harvard57 > 2014-12-16 01:09 | Report Abuse

All stubborn heads, when only wake up,
Spac for oil is gone n history, spac for property or food got future.
If you know this industry can't make money still want to acquire an oil rig to goreng, the end result is bankrupt lah. Therefore sona is an useless spac lah, if he acquire a oil company now, the share price will crash down immediately 20%, but if just waiting for oil price to recover to 80 which is zero chance, then share price will be eroded by high salary n daily operation cost......you still see future in spac for oil ? When oil trade @80 level I already warned that avoid all oil counters, but.......you guys too smart don't listen to me...all deserved it. Ki ki ki ki

optimuss

1,321 posts

Posted by optimuss > 2014-12-16 01:43 | Report Abuse

Not gone, this co lucky not yet in biz. Very defensive, forget the warrant

callme777

1,586 posts

Posted by callme777 > 2014-12-16 10:06 | Report Abuse

Hold for the interest

gopiwira

159 posts

Posted by gopiwira > 2014-12-16 10:07 | Report Abuse

Its going to be a long waiting, OPEC is willing to let the oil price goes down to $40.

Posted by king of stock (raja saham) > 2014-12-16 10:13 | Report Abuse

Go go go armada

joesona

12 posts

Posted by joesona > 2014-12-16 11:21 | Report Abuse

My investing is not stubborn, have wisdom and faith in it. Short, mid & long term.

gozilla88

408 posts

Posted by gozilla88 > 2014-12-16 11:36 | Report Abuse

SONA can buy... no need ask so many just buy............

Posted by king of stock (raja saham) > 2014-12-16 13:04 | Report Abuse

Cicakman areally go in sona ,2.30 start show time....

Posted by king of stock (raja saham) > 2014-12-16 13:04 | Report Abuse

Go go go sona!!!!!

Posted by king of stock (raja saham) > 2014-12-16 13:05 | Report Abuse

Add more wa between 10.5sen-11sen

Ring

6,522 posts

Posted by Ring > 2014-12-16 13:35 | Report Abuse

Foreigners have sold RM11bil worth of Malaysian stocks in the third quarter while year-to-date, net outflow reached RM17.5bil, according to information by AllianceDBS Research.“Indeed the spectre of the dreaded twin deficit is looming larger with every tick lower in oil.” RHB Research said in a market strategy report yesterday.Apart from lower oil-related revenues, other implications included a weakening ringgit, reduced oil and gas (O&G) investments and weaker earnings for companies in the O&G sector as well as a risk of a sharper-than-expected slowdown in the economy, the research house pointed out.Notably, despite the recent selldown, Malaysian equities are not particularly attractive, trading at about 16 times price to earnings (P/E). “This is because their 2015 forecast earnings growth of 7.8% is the lowest in South-East Asia but stocks are trading at 1.1 times premium (P/E) to the region,” AllianceDBS pointed out. For those who take a longer-view, as global demand conditions improve, oil prices are expected to find a floor by the first quarter of next year and start to rebound from then on, RHB opined.“Market valuations will likely improve as corporate earnings recover and stabilisation of oil prices will in turn, (cause) investors to return to this unloved and under-owned market.

Posted by michael_lee > 2014-12-16 13:41 | Report Abuse

Talked to hadian today. He said sona is renegotiating the deal with salamander for a lower price. Most likely egm in Jan and wrap things up before march

bracoli

2,579 posts

Posted by bracoli > 2014-12-16 13:48 | Report Abuse

talked to najip today. he laughed kah kah keh keh kikiki

BURSATIPS

75 posts

Posted by BURSATIPS > 2014-12-16 14:03 | Report Abuse

Buy Buy Buy before too late

Ant

1,504 posts

Posted by Ant > 2014-12-16 14:33 | Report Abuse

how and why before too late....

IVAN2222

2,094 posts

Posted by IVAN2222 > 2014-12-16 14:57 | Report Abuse

because if you buy now u able to get it if u buy after 5pm u can't get it...reasonable?

joesona

12 posts

Posted by joesona > 2014-12-16 15:14 | Report Abuse

At this juncture it is best to buy. I'm queuing

Posted by king of stock (raja saham) > 2014-12-16 15:20 | Report Abuse

Cicakman GO GO

BURSATIPS

75 posts

Posted by BURSATIPS > 2014-12-16 15:27 | Report Abuse

Good support at 0.400.Buy or not decide yourself.
Big shark collect your ticket at 0.400

nice1

819 posts

Posted by nice1 > 2014-12-16 16:02 | Report Abuse

u reporter? or staff?

Posted by michael_lee > Dec 16, 2014 01:41 PM | Report Abuse

Talked to hadian today. He said sona is renegotiating the deal with salamander for a lower price. Most likely egm in Jan and wrap things up before march

Ant

1,504 posts

Posted by Ant > 2014-12-16 16:20 | Report Abuse

ya ya buy now before too late,
cos sona might turnaround to buy Ophir.
the can own both Ophir and salamadar... ha ha ha ha

nice1

819 posts

Posted by nice1 > 2014-12-16 16:24 | Report Abuse

ya, anything cheap is possible
sona buy whole of salamander?
sona buy petronas oil field in Indon?

Posted by franky_ajie > 2014-12-17 10:30 | Report Abuse

continue to collect??

Posted by CLIQmanagement > 2014-12-17 13:41 | Report Abuse

continue to collect. as long as stay around 0.400-0.410.

nice1

819 posts

Posted by nice1 > 2014-12-17 14:16 | Report Abuse

any reasons for buying?

Posted by CLIQmanagement > Dec 17, 2014 01:41 PM | Report Abuse

continue to collect. as long as stay around 0.400-0.410.

joesona

12 posts

Posted by joesona > 2014-12-17 15:26 | Report Abuse

Hey Sona

Posted by CLIQmanagement > 2014-12-17 15:31 | Report Abuse

@nice1 : because is at cash value now.

joesona

12 posts

Posted by joesona > 2014-12-17 15:43 | Report Abuse

Sona may buy Indonesia oilfield, the possibility is there

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