Posted by nice1 > 2015-06-15 09:22 | Report Abuse

this wa is not strongly supported. likely to let it drops as much as possible to maybe 5 cts

the scenario, I think is to push the mother share when QA is secured and there is attractive premium to convert to mother later as they will need more fund for QA

say wa is 5 cts, mother push to 55cts or higher, premium of 15 cts to convert. maybe, premium 20cts or more then, carrot to convert

Posted by Abudance > 2015-06-15 13:23 | Report Abuse

11 more months to go .., if they think they are world class and CONTINUE NOT to meet KLSE definition of QA requirements ... They are the world's stupid management not to comply with simplest requirements from BUrsa!!!
All Go to AGM and stop director's fees or defer till QA is approved!!

Posted by nice1 > 2015-06-15 13:59 | Report Abuse

only those stupid promotors said they are world class
those dumb-fuc passed the news around
that was how everyone was caught in this perfect storm of stupidity & losses


Posted by Abudance > Jun 15, 2015 01:23 PM | Report Abuse

11 more months to go .., if they think they are world class and CONTINUE NOT to meet KLSE definition of QA requirements ... They are the world's stupid management not to comply with simplest requirements from BUrsa!!!
All Go to AGM and stop director's fees or defer till QA is approved!!

Posted by nice1 > 2015-06-15 15:13 | Report Abuse

on the positive side, bull will appear after bear cycle
IFCA, AirAsia... now in bear cycle after bull

Posted by michael_lee > 2015-06-15 15:16 | Report Abuse

All my friends are fed up with hadian and team. All voting against the directors fee and will question them on agm. If only hadian is as capable and competent like hibiscus's ferreira

Posted by michael_lee > 2015-06-15 15:18 | Report Abuse

And which smart Alec authorized 100% increase in directors salaries. Did they truly earn it??? Get a decent qa approved and we shall talk bout your compensation

Posted by nice1 > 2015-06-15 15:24 | Report Abuse

yes, shud questions them if directors' fees increased substantially
any increase shud be justified by productivity and end-results
as for now, there is nothing for them to show

Posted by ssboy > 2015-06-15 15:49 | Report Abuse

Why sona wa no support level?price keep drop.....fxxx......

Posted by ab55 > 2015-06-15 17:49 | Report Abuse

Still holding, collecting and waiting patiently for big news after agm. Hadian not going to burn RM500M from sona wa if no qa

Posted by derrickinvestor > 2015-06-15 21:32 | Report Abuse

sell all before its too late

Posted by YC_Ma > 2015-06-16 11:56 | Report Abuse

Die

Posted by nice1 > 2015-06-16 12:56 | Report Abuse

Tok Hadi and CFO has 20% wa, will need RM100m for wa conversion

those with wa, need to get your fund ready for conversion

Posted by ab55 > Jun 15, 2015 05:49 PM | Report Abuse

Still holding, collecting and waiting patiently for big news after agm. Hadian not going to burn RM500M from sona wa if no qa

Posted by michael_lee > 2015-06-16 14:04 | Report Abuse

Wa going down to 6.5 in 2nd half trading. Hadian! How low you wanna go??? 11months to go and you have no solid leads. Great job bob

Posted by Eddy Khoo > 2015-06-16 14:14 | Report Abuse

i checked the profiles of the management, many have been working with shell for quite some time... any further update on this...

Posted by ab55 > 2015-06-16 14:32 | Report Abuse

Nice1 - no need to get fund ready. When qa news out , the wa will jump n can sell some to pay for the concersion

Posted by prc4wifefe > 2015-06-16 14:38 | Report Abuse

@ Eddy...go AGM for update lah...mgmt. have 300yrs experience in total...

so either u say they old bird = expert or they hopeless = orang tua waiting retirement

Posted by nice1 > 2015-06-16 14:49 | Report Abuse

if the market is good, and oil price good, with quality QA, i think what you said is true. wa will be at good price

but now the situation is in perfect worst storm, all at the opposite, bad market, who would in the right mind will push wa up, high enough for you to sell

i hope i am wrong

posted by ab55 > Jun 16, 2015 02:32 PM | Report Abuse

Nice1 - no need to get fund ready. When qa news out , the wa will jump n can sell some to pay for the concersion

Posted by michael_lee > 2015-06-16 15:20 | Report Abuse

What is going on with the WA???? Everyday drop 12-13%. Everyday new low. Hadian eating shit is it??? Wake up and work.

Posted by nice1 > 2015-06-16 15:30 | Report Abuse

michael, those with millions of wa already started to unload bcause they cant or wont convert to mother shares. conversion will cost few more millions to them

the lower price wa is better for Hadi, he can pick up cheap cheap later if shareholders dont subcribe

Posted by nice1 > 2015-06-16 15:31 | Report Abuse

TITAN will suffer huge paper losses with wa

Posted by michael_lee > 2015-06-16 15:48 | Report Abuse

Hadian I beg you to be at least half as good as hibiscus's Ferreira. Half also I'm happy already.

Posted by nice1 > 2015-06-16 16:07 | Report Abuse

Michael, Tok Hadi wont be able to listen to you here. why dont you attend the AGM and ask him directly

Hope you guys will be there

Lunch is provided though puasa started, for non muslim

Posted by ssboy > 2015-06-16 16:12 | Report Abuse

Hope someone can attend and share info with us.....

Posted by prc4wifefe > 2015-06-16 16:45 | Report Abuse

@micheal...WA everyday because it is just keeping up with mother share price...especially nowadays bad sentiment, mid-rang Brent price...so it will not trade at a premium like last time but rather trade at a discount

Posted by prc4wifefe > 2015-06-16 16:45 | Report Abuse

I am still keeping failth with the dinosaurs in SONA...kekekeke

Posted by prc4wifefe > 2015-06-16 16:45 | Report Abuse

@trader66 AGM today...sure boh???

Posted by prc4wifefe > 2015-06-16 16:48 | Report Abuse

"

michael_lee Hadian I beg you to be at least half as good as hibiscus's Ferreira. Half also I'm happy already."

Perriera aint as good as u think...although it did reach RM2++...but look where it is now....below IPO price!! Already 3~4 years listing and how many boepd they producing?

SONA was going to hit 5600 boepd until it got scuppered by Ophir....let's hope they have something up their sleeves still

Posted by nice1 > 2015-06-16 17:04 | Report Abuse

AGM on 24/6, come come come



Posted by prc4wifefe > Jun 16, 2015 04:45 PM | Report Abuse

@trader66 AGM today...sure boh???

Posted by Abudance > 2015-06-16 18:38 | Report Abuse

Sona wa dropped to 6.5-7 s! Come on Hadian .. Wake up! Or at least do trading of your own stocks leh.

Posted by YC_Ma > 2015-06-16 21:55 | Report Abuse

Like najin fxxk

Posted by YC_Ma > 2015-06-17 10:44 | Report Abuse

Die liao

Posted by nice1 > 2015-06-17 10:53 | Report Abuse

wa is now at support level at 7cts

7 cts + 35 cts= 42cts mother share

this shud be the support level now, worst case will be at 5 cts

Posted by speakup > 2015-06-17 11:04 | Report Abuse

if no QA by next year, warrent will be 0 cts.

Posted by alibabacoming > 2015-06-17 11:04 | Report Abuse

seriously don't understand what is this?

Posted by nice1 > 2015-06-17 11:17 | Report Abuse

that is true, if no QA or QA not approved - telur

Posted by speakup > Jun 17, 2015 11:04 AM | Report Abuse

if no QA by next year, warrent will be 0 cts.

Posted by speakup > 2015-06-17 11:23 | Report Abuse

at least mother still got value on expiry, but warrant 0 on expiry

Posted by prc4wifefe > 2015-06-17 13:52 | Report Abuse

if u ppl's risk apetite is high...WA is a good bet to buy now...

high risk high gain....

100k of WA is only 7k now and with a huge upswing...
again down to whether u believe in Tok Hadi and gang

Posted by michael_lee > 2015-06-17 14:12 | Report Abuse

Hadian and team! You're next! I urge all shareholders to vote against reso 2, directors fees. http://www.thestar.com.my/Business/Business-News/2015/06/17/FGV-grilled-for-six-hours/?style=biz

Posted by prc4wifefe > 2015-06-17 14:13 | Report Abuse

@Michael Cliq lagi teruk semua pun lulus....

Posted by YC_Ma > 2015-06-17 19:22 | Report Abuse

Fxxk my money cool that water.......!

Posted by Abudance > 2015-06-18 13:44 | Report Abuse

Agm is 24 June 2015. Less than 11 mths to go before wa expires. So no wonder it dropped so much! Meeting at 11am. At mahkota ballroom, istana hotel. Jln raja Chulan.
Vote that directors fees be used to buy Wa so that they get off their bums to do some work or they lose it also!!!

Posted by luckyoldman > 2015-06-18 14:30 | Report Abuse

I read that the Board of Directors of AAX voluntarily waived the director fees during AGM.AAX as you all know incurred heavy losses.

I feel the members should be briefed by the Board their activities
after their failure to buy Salamander Asset.

Looking at the performance of its WA, it would appear NO QA yet or somebody quietly accumulate the WA at cheap price before announcement

Posted by nice1 > 2015-06-18 19:01 | Report Abuse

Abudance, I fully support your view
If need to pay director fees, proposed that the fees is used to buy WA for them instead



Abudance Agm is 24 June 2015. Less than 11 mths to go before wa expires. So no wonder it dropped so much! Meeting at 11am. At mahkota ballroom, istana hotel. Jln raja Chulan.
Vote that directors fees be used to buy Wa so that they get off their bums to do some work or they lose it also!!!
18/06/2015 13:44

Posted by michael_lee > 2015-06-19 09:17 | Report Abuse

hey hadian. a reminder to you to wake up and work. very late already

Posted by michael_lee > 2015-06-19 09:19 | Report Abuse

Heading into agm with no solid leads on any qa. You want to get whacked is it?!

Posted by alibabacoming > 2015-06-19 09:22 | Report Abuse

hey dato datin tan sri, it's a mess now, please do something ok

Posted by nice1 > 2015-06-19 12:30 | Report Abuse

Invitation from Tok Hadi to all shareholders to attend AGM, makan makan provided too
those cant attend, need to submit proxy form soonest possible
sorry - transport not provided

Agm is 24 June 2015.Meeting at 11am. At mahkota ballroom, istana hotel. Jln raja Chulan.

Posted by davidsiaw > 2015-06-19 15:36 | Report Abuse

need postal voting to vote against resolution no.2

Posted by prc4wifefe > 2015-06-19 15:40 | Report Abuse

Resolution 2 Apa dia? re-elect Hadi?

Posted by davidsiaw > 2015-06-19 15:55 | Report Abuse

director fee