Posted by AhSook AhKou > 2015-01-06 15:56 | Report Abuse

Looks like some serious buyers on board n pushing towards 0.50 !! Meantime, Sona could be speculating at tumbling oil price , as the company is cash rich at this stage ......

Posted by cheeseburger > 2015-01-06 16:05 | Report Abuse

chart has crossed the line...

Posted by king of stock > 2015-01-06 17:30 | Report Abuse

Yes cicakman down!!!!everybody cheer!!!us oil break now only 49....yes!""

Posted by michael_lee > 2015-01-06 17:44 | Report Abuse

Kos why you cheer cicakman down? The special weapon is renegotiating for lower price to buy cicak?

Posted by king of stock > 2015-01-06 20:21 | Report Abuse

If cicakman is salamdar e....if down sona got chance to buy salamdar...

Posted by jacklintan > 2015-01-06 23:22 | Report Abuse

Any idea why SONA today moving? Kindly reply,thanks. How's the nego for the Salamandar so far? Any latest news? TQ.

Posted by damagpie > 2015-01-07 00:47 | Report Abuse

All the SPAC counters had a slight spike in volume and price. My view is that its just people speculating that since oil price going down will benefit these counters.

Posted by king of stock > 2015-01-07 04:57 | Report Abuse

Yes another record for oil us down now 48 only...

Posted by michael_lee > 2015-01-07 09:06 | Report Abuse

Kos. Sona negotiating to buy whole salamander???

Posted by 2015v > 2015-01-07 14:35 | Report Abuse

wow, flying

Posted by franklim > 2015-01-07 14:41 | Report Abuse

oil price currently 47 / usd currently 91.84 (sona have any news?)

Posted by jimmyee8 > 2015-01-07 14:45 | Report Abuse

news that MOU signing soon

Posted by RayWong > 2015-01-07 14:48 | Report Abuse

http://www.bfm.my/sm-salvatore-dali-malaysiafinance-greece-is-the-word-150107.html

Posted by RayWong > 2015-01-07 14:49 | Report Abuse

News that Sona will be signing a tripartite agreement with Salamander and Ophir, on new oil price structure for profit sharing

Posted by AhSook AhKou > 2015-01-07 14:50 | Report Abuse

Coming days some firework on price , so stand by to watch short display towards 0.50 again n then I will dump like my horse , LOL

Posted by AhSook AhKou > 2015-01-07 15:58 | Report Abuse

Looks like Turtle climbing the tree !!! Sounds like Najib Turtle & associates is in town !!

Posted by sheep > 2015-01-07 16:03 | Report Abuse

pump and sell..what else? market no good. sell on strength.

Posted by 2015v > 2015-01-07 17:12 | Report Abuse

good show today, up 1 cts

Posted by nice1 > 2015-01-07 20:22 | Report Abuse

can sona be stock of 2015?

Posted by gopiwira > 2015-01-08 00:27 | Report Abuse

Sona is lucky. Waiting for good news.

Posted by 2015v > 2015-01-08 08:05 | Report Abuse

if the mou is good, oil price rebound later in the year, then
shud have good show time for 2015

Posted by AhSook AhKou > 2015-01-08 08:21 | Report Abuse

Global market seems to be exhausted to the recent pressure n today closing shows a small sign of "pit stop" , so maybe this counter might tag along with 0.02 up ???

Posted by Ant > 2015-01-08 08:26 | Report Abuse

Crude oil the lower the better for sona.
In fact sona can buy 100% salamadaer now since their share price drop from 120+ till now 60+
If i not wrong

Posted by LKWWGP > 2015-01-08 08:44 | Report Abuse

Hopefully all deal b done ASAP.

Posted by callme777 > 2015-01-08 08:48 | Report Abuse

If sona can get a deal done at this current oil prices, this share has a potential to be the next big stock. Sona is lucky that the sc delay has really done sona good and if the deal is secured at these levels and oil rebounds, this stock has an advantage over the rest of the peers

Posted by callme777 > 2015-01-08 08:49 | Report Abuse

Good luck to all sonarians.

Posted by 2015v > 2015-01-08 09:01 | Report Abuse

true, but too low oil price, no low cost & efficient oil firm is willing to sell cheap cheap

Posted by Ant > Jan 8, 2015 08:26 AM | Report Abuse

Crude oil the lower the better for sona.
In fact sona can buy 100% salamadaer now since their share price drop from 120+ till now 60+
If i not wrong

Posted by 2015v > 2015-01-08 09:04 | Report Abuse

hopefully, the deal is good and oil price stabilized and move up later in the year, then sona will have a superb 2015

maybe the stock of the year 2015!!

Posted by callme777 > Jan 8, 2015 08:48 AM | Report Abuse

If sona can get a deal done at this current oil prices, this share has a potential to be the next big stock. Sona is lucky that the sc delay has really done sona good and if the deal is secured at these levels and oil rebounds, this stock has an advantage over the rest of the peers

Posted by Ant > 2015-01-08 09:12 | Report Abuse

God bless sona

Posted by musashi69 > 2015-01-08 12:57 | Report Abuse

Frustrated with O&G and oil price volatilty..
Have a look at JCY chart (5161)
Broken resistance with high volume already-
going twds 0.70cents now..
take advantage of strong USD..
Penny stock with strong cash flow >250 millions, debt =82 millions
Join JCY wagon!!

Posted by AhSook AhKou > 2015-01-08 18:41 | Report Abuse

Something is brewing n could taste "yum yum" !!! Sona hv substantial investment in Salamander recently purchased by Ophir where both counters in Lon market doing very well .........

Posted by CLIQmanagement > 2015-01-08 19:53 | Report Abuse

@AhSook AhKou, dont talk crap.

Posted by AhSook AhKou > 2015-01-09 03:43 | Report Abuse

CLIQ, what makes you think yr crap was not bigger than mine or did it hurt yr nerve !!! Is very easy to made remark like u look crap where u just don't know how to justify lohhhhh So shut yr donkey face ..........

Posted by CLIQmanagement > 2015-01-09 08:20 | Report Abuse

AhSook, "Sona hv substantial investment in Salamander" = crap

Posted by 2015v > 2015-01-09 09:39 | Report Abuse

no deals yet. just rumours of mou soon

Posted by caven101 > 2015-01-09 09:44 | Report Abuse

so quiet for this counter......so sleepy

Posted by CLIQmanagement > 2015-01-09 09:44 | Report Abuse

i've check Salamander shareholding. Not a single shares from Sona.

Posted by nuraisyah > 2015-01-09 11:15 | Report Abuse

sona sona sona tak tidur...tak tidur

Posted by 2015v > 2015-01-09 11:46 | Report Abuse

be patience. just consolidate for the next move up

Posted by 2015v > 2015-01-09 14:36 | Report Abuse

http://www.theedgemarkets.com/my/article/oil-extends-rebound-amid-speculation-us-shale-boom-slowing


Oil extended its rally a third day amid speculation a slowdown in the U.S. shale boom will reduce a glut that’s driven prices to the lowest in 5 1/2 years.

Futures rose as much as 1.7 percent in New York, trimming a seventh weekly decline. U.S. producers are bailing out of long- term contracts for drilling rigs as prices sink below $50 a barrel. U.S. crude stockpiles unexpectedly shrank by 3.06 million barrels in the week ended Jan. 2, according to the Energy Information Administration.

The Organization of Petroleum Exporting Countries is battling a U.S. shale boom by resisting production cuts, signaling it’s prepared to let prices fall to a level that slows the highest American output in more than three decades. The United Arab Emirates has no plans to curb production no matter how low prices drop, Yousef Al Otaiba, the nation’s ambassador to the U.S., said in Washington.

“Some U.S. producers may need to reconsider their investments because oil prices have now halved,” Ken Hasegawa, an energy trading manager at Newedge Group in Tokyo, said by phone today. “But it’s unclear if the declines are over.”

Posted by 2015v > 2015-01-09 14:42 | Report Abuse

Helmerich & Payne Inc., the biggest rig operator in the U.S., said it had received early termination notices for four contracts, while a second contract driller, Pioneer Energy Services Corp., said four rigs had been canceled early. Producers may cut short another 50 to 60 agreements, according to Andrew Cosgrove, a Bloomberg Intelligence analyst.

Companies are paying to cancel rigs rather than keep drilling after the plunge in oil prices. Contracts for the 190 rigs that on-land drillers were projected to add this year, known as newbuilds, have the highest risk of being terminated, Cosgrove said.

Posted by 2015v > 2015-01-09 14:50 | Report Abuse

http://www.theedgemarkets.com/my/article/why-opec-talking-oil-down-not-after-48-selloff

“The faster you bring the price down, the quicker you will have a response from U.S. production -- that is the expectation and the hope,” said Jamie Webster, an analyst at consultants IHS Inc. in Washington. “I cannot recall a time when several members were actively pushing the price down in both word and deed.”

“It seems in their interest to have a swift fall rather than a slow, grinding fall,” Miswin Mahesh, an analyst at Barclays in London, said by phone. “A swift drop in prices would bring more changes to non-OPEC supply,” while a more gradual decline would let companies in other oil nations “merge and become more efficient.”

Posted by jacklintan > 2015-01-09 19:29 | Report Abuse

Will anyone explain to me, why Sona price have a climb when the Helmerich & Payne Inc. gave a negative review on O&G ?

Posted by nice1 > 2015-01-09 21:47 | Report Abuse

lower oil price will make oil field much cheaper to acquired. that is good for spac provided can secure a good producing firm. reason for share going up in short term. in medium to long, prospect much depend on higher oil price

Posted by Ring > 2015-01-10 11:32 | Report Abuse

http://www.bursamalaysia.com/market/listed-companies/company-announcements/1848809 Sumatec have set d ball rolling by buying new oil well at a reduced price so Sona may be following........

Posted by 2015v > 2015-01-13 07:39 | Report Abuse

http://www.theedgemarkets.com/my/article/oil-producers-betting-price-drop-opec-unbending
http://www.theedgemarkets.com/my/article/oil-extends-fall-goldman-sachs-cuts-forecasts

http://www.theedgemarkets.com/my/article/goldman-sees-need-40-oil-opec-cut-forecast-abandoned

Posted by 2015v > 2015-01-13 07:40 | Report Abuse

Forecasts Cut

Goldman reduced its six and 12-month WTI predictions to $39 a barrel and $65, from $75 and $80, respectively, while its estimate for Brent for the period were cut to $43 and $70, from $85 and $90, according to the report.

): Goldman Sachs said U.S. oil prices need to trade near $40 a barrel in the first half of this year to curb shale investments as it gave up on OPEC cutting output to balance the market.

Posted by 2015v > 2015-01-13 07:48 | Report Abuse

In the present scenario (Jan 2015) of tumbling oil prices amid a supply glut, current (Jan 2015) low oil prices may well be a prelude to global oil shortage as early as 2016.

It is believed that the current (Jan 2015) low crude oil price could be an overkill and result in the next "Energy Crisis" by early 2016.

Posted by 2015v > 2015-01-13 07:50 | Report Abuse

The dip will be short-lived in the long history of crude oil price cycles. Oil prices have always bounced back and this is not going to be an exception

Assumed that crude oil prices would remain depressed during the first quarter 2015, then slowly ramp up and accelerate as next winter 2015 approaches. By December 2015, we will see a much tighter oil market and significantly higher prices.

Posted by kimkowlee > 2015-01-13 07:51 | Report Abuse

Buy stock when price hit usd 40.