Michael, the announcement says they already chop off Salamander deal. Heading aggresively for another potential QA, just join the AGM to know more, cannot reveal too much here. Buy buy buy~
Sona Petroleum is now considering other alternative qualifying assets opportunities and will make the appropriate announcement to Bursa Securities in accordance with the Main Market Listing Requirements of Bursa Securities, should there be any material development.
1. heard this statement for last 6 months or so
2. dont think u will have more than that statement in the AGM - just repeat the statement like a broken record and trust them, sound like jibby...
3.read the annual report, sona is considering the best QA options available - read this statement carefully. hope is not the best of the worst assets. not many sellers of good assets unless they are in financial distress
4. at current price, credit suizze, funds and deep pockets individuals are accumulating, at this price no risk, more upside than risk
Seriously these jokers better have something solid to present during agm. And lets not approve the directors fee until they perform and the share price recovered.
Suggest all shareholders to deny their directors' fees as they are not fit to get at all with no effort seen to work to maximize its intrinsic value. To pressure them for their plan as it seems they have no plan at all while delaying or passing time. Whether we are Minor or major shareholders, we must demand for their immediate action to maximize its net asset value. Only then, they will seriously work to solicit qualifying assets before deadline. All shareholders, pls don't wait. All must make yourselves available to seek for their explanation during this coming AGM to prevent this share counter further deteriorating.
1) 2nd agenda of AGM is to approve directors' fees for RM435,000. 2) other agenda is to re-elect directors who retire pursuant to article 123 of company's Articles of Association: Datuk Seri Panglima Sulong bin Matjeraie; Andreas Johannes Raymundus Van Strijip 3) to re-elect managing director Dato Sri Hadian bin Hashim who retire pursuant to article 115 of the company's articles of association. 4) also to reappoint Mr Anton Tjahjono in accordance with section of 129 of company act, 1965
Hadian and team will say the lousy performance of the stock is beyond their control. But they don't seem to realise it is their incompetency that's causing the price to plunge. U don't see good companies with good management's share price plunge like this
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
supernova
1,923 posts
Posted by supernova > 2015-06-03 11:15 | Report Abuse
huge block Q buy at 42c !!!!! big wave big wave