Posted by Ant > 2016-03-17 17:06 | Report Abuse

something I don't understand, since there is money back guarantee on mother,
why this people are selling like end of the world.... funny funny....

Posted by Ant > 2016-03-17 17:10 | Report Abuse

are they trying to creat fear or they have known the decision of the SSH.

Posted by Ant > 2016-03-17 17:11 | Report Abuse

13 days to go

Posted by Kareemabduljabbar > 2016-03-17 17:13 | Report Abuse

Let us see what sona management say today. Since they started blogging on investor site, mother and warrant koyak. Alamak. At these prices deal is dead. In fact, more people will buy and vote no, as the yield is delicious. Let us see what management can come up with. Maybe they have a sugar daddy make last minute entrance.

Posted by coolinvestor > 2016-03-17 17:25 | Report Abuse

no need to assume NO or YES. Its not written in stone yet.

the sell down is just about a simple emotion. Fear

thats why so little people succeed at investing in the stock markets. they throw stocks away when they are uncertain and fearful. They are not confident on what they have invested. they are just simply driven by their own emotions. same goes vice versa.

stereotyping about it going to fail is no help either. There is no fact nor inherent guarantee in investing.

However the fear factor now is really high...so this is not helping too. lol

one important lesson to learn. do not stereotype. do not be govern by emotions. if you decide that this is not in your best interest just sell. simple. no need stories. no need condemnation. just be indifferent.

Posted by coolinvestor > 2016-03-17 17:27 | Report Abuse

plus i doubt simple retailers like you or me are just interested in so called " yield "

yield is mostly for fix income investors, bonds, debt, insurance, pensions funds investors.

Posted by jack2 > 2016-03-17 19:01 | Report Abuse

oil price is bouncing back to usd41++

what an excellent time to buy a good price oil field now than later

once oil price bounced back to above usd50, the confident level will come back but then may be too late to have one at such good price or you may think you shud have owned more of the shares, LOL

Posted by jack2 > 2016-03-17 19:04 | Report Abuse

http://www.theedgemarkets.com/my/article/oil-rallies-us41-near-2016-high-producer-meeting


LONDON/TOKYO (March 17): Oil rose above US$41 a barrel on Thursday, trading close to a 2016 high, bolstered by a plan among some of the world's biggest producers to meet next month to discuss supporting the market. Organization of the Petroleum Exporting Countries (OPEC) and non-OPEC producers inclu

Posted by Mr8888 > 2016-03-17 21:39 | Report Abuse

i can understand why some of investor frustrated , bcoz they trapped at high price (like me). i bought at 0.545 on 15.5.14 (with very2 big lot), then enter again on 0.52, 0.50, 0.49, 0.46, 0.45, 0.43. now average price still at level 0.49. Paper profit still in red colour, but i'm long term investor. I lost immediately if i sell at current price ( plus dividend if i put it in FD x nearly 2 years).

Posted by LKWWGP > 2016-03-17 22:43 | Report Abuse

Me too l having alots of sona mother n warrant bought at 0.29 hopefully the deal is on...everyone have a happy ending.....

Posted by jollywin > 2016-03-18 00:58 | Report Abuse

Can i convert warrant to mother now and get refund back ? Apparently the price of wa is so attractive . 35+ 6 = 41 cents vs 48.5 cents refund

Posted by stonenut2 > 2016-03-18 01:04 | Report Abuse

No hope this counter.. but perisai better

Posted by YC_Ma > 2016-03-18 03:49 | Report Abuse

http://www.thestar.com.my/business/business-news/2016/03/16/sonas-acid-test/

Posted by YC_Ma > 2016-03-18 03:49 | Report Abuse

Sona today up liao hihihi

Posted by CLIQmanagement > 2016-03-18 08:20 | Report Abuse

News like this can make the counter up ?
no conversion of warrant to mother unless QA approved.

Posted by jack2 > 2016-03-18 09:11 | Report Abuse

brent usd41.20

stag oil usd42++

Posted by callme777 > 2016-03-18 09:29 | Report Abuse

Told you guys.... Stock price don't lie.

Posted by sonapetroleum > 2016-03-18 09:58 | Report Abuse

Dear all, thank you for your comments. Regarding questions on CS/ PA and the share price, we cannot comment on it as it would be speculative and misleading.

As for questions on the proxy form, you may nominate any person of your choosing as your proxy.

Please do not hesitate to contact us in this platform, should you have any questions. Thanks!

Posted by stockmanmy > 2016-03-18 10:12 | Report Abuse

Dear sona

Can you give us a history of the investments by Pacific and Credit Suize in the shares and warrants as per your records?

Posted by akhan1717 > 2016-03-18 10:19 | Report Abuse

Gentlemen...hv faith in Sona...u will see the it next week...n will nvr regret buying into it...best oil/gas counter ever..

Posted by coolinvestor > 2016-03-18 10:22 | Report Abuse

Fear is driving all the short term margin players out?

U can sense that those who are emotionally charged are the margin players

Posted by callme777 > 2016-03-18 10:47 | Report Abuse

So confident buy up all the warrants la. It's half the price in a month. Walk the talk

Posted by MG11 > 2016-03-18 10:47 | Report Abuse

Only for the Brave. Go Sona Go.
We are buying at the bottom of the cycle.

Posted by akhan1717 > 2016-03-18 10:57 | Report Abuse

yes...buying all the way bro

Posted by speakup > 2016-03-18 11:08 | Report Abuse

REJECT THE QA!

Posted by rusliasas > 2016-03-18 11:23 | Report Abuse

look at Cliq where there were trails of buying by Credit Suize for short term refund n yield above 5%. The same goes to Sona. Hence, I have a strong feeling that these 'gang' ie: Credit Suize and Pacific and all insurance companies will vote NO NO NO to high risk QA. Sell now your WA, as the Value is zero soon. Don't say that we don't advise you...good luck my friends

Posted by callme777 > 2016-03-18 11:36 | Report Abuse

The stock price tells you a lot! If the deal so good and those no fear than sapu all the warrants now at 0.05. What you waiting for? This stock is game over . Good bye

Posted by akhan1717 > 2016-03-18 11:41 | Report Abuse

COME MONDAY...callme77 will be proven wrong...

Posted by ab55 > 2016-03-18 11:41 | Report Abuse

Dont give false advise, do some homeworks on PA/CS and share price, i agree with akhan1717 ........u will never regret

Posted by Old90 > 2016-03-18 11:44 | Report Abuse

It is just betting for the QA whether earn big(approve) or loss big(reject). No wrong to BUY or SELL. Is all about you dare to take the risk anot. Still confident with the QA.

Posted by callme777 > 2016-03-18 11:44 | Report Abuse

I hope you are right.....

Posted by smalltimer > 2016-03-18 11:47 | Report Abuse

We should support QA. The purpose to invest in Sona is its proposal in oil business. Yes?

Posted by Old90 > 2016-03-18 11:53 | Report Abuse

Agree with smalltimer, I will definitely vote for a YES.

Posted by smalltimer > 2016-03-18 11:55 | Report Abuse

Sona is good hedge against our daily petrol use. When govt increase the petrol price, Sona will also increase.

Posted by meegoreng > 2016-03-18 12:06 | Report Abuse

When oil price is down; US$ is normally up. And vice versa. Sona will be drawing income in US$ when QA is approved...

Posted by jack2 > 2016-03-18 12:11 | Report Abuse

I think many have the misconception whether credit suise and Pacific are yield investors or otherwise

common sense said that its all depends on the quality of QA, IF is good they will go for long term, if bad, sayonara, short term yield

there is no better time to invest in the low cost oil field than now
Stag field is a good one

Posted by Yunus > 2016-03-18 12:14 | Report Abuse

I will also go with a YES for SONA! A solid QA and with people who know the business and I hope that the big funds think the same :-)

Posted by Dogwithabone > 2016-03-18 12:31 | Report Abuse

Any rational investor would vote yes. If you vote no, you will have a min of 12 mths wait for your 48c net return. However, looking at the QA, it looks like a real good deal. Already producing 4400 bpd. The cost of production is USD30. Gvn the current oil price of USD40, they stand to make USD10 per barrel. 4400 bpd X 320 days X USD10 = USD14.08 mil. In RM, it is 59.13 mil, thts 5.3 c p shr. At 60c, it is only 12 times PE for an oil and gas stock.

Posted by jack2 > 2016-03-18 13:15 | Report Abuse

All that support the QA SHUD ATTEND THE EGM 30/3 OR SUBMIT your PROXY FORM, appoint the Chairman

cheers

Posted by callme777 > 2016-03-18 13:27 | Report Abuse

If I would like to reject the QA , I don't have to do anything or attend EGM?

Posted by csengc61 > 2016-03-18 13:35 | Report Abuse

Can someone enlighten me...... can SONA warrant be converted to shares if they voted against the QA tis coming EGM?
thanks

Posted by Dogwithabone > 2016-03-18 14:12 | Report Abuse

If the QA is not approved, your warrants are worthless. But if the QA is approved, your warrants will be easily worth 15c.

Posted by jollywin > 2016-03-18 14:41 | Report Abuse

So far Yes vs No .. what's the percentage ?

Posted by sadfgv > 2016-03-18 14:48 | Report Abuse

hi dogwithabone,

Why does it take 12 month for Sona to return the money back if investor vote "No"? i thought they need to return it to them prior to completing the QA which means before July 2016. Unless of course the QA will not be approved by the majority of shareholders. Then, they will need to liquidate the assets which takes 1 - 2 years.

If majority of shareholders approved the QA, then Sona will need to pay those who vote "No" before July 16. Correct me if i'm wrong.

Thanks

Posted by Desa20201956 > 2016-03-18 16:06 | Report Abuse

sad...two scenarios.

dissenting but resolution approved...should get back money very fast.

but if resolution defeated,,,we have to wait until 7/2016 then liquidation process starts.

if CS and Pacific who together controls 20% votes NO.....the resolution sure to be defeated.

Posted by Desa20201956 > 2016-03-18 16:07 | Report Abuse

sonapetroleun


do dissenting shareholders gets the accrued interest income as well? or just 45sen?

Posted by coolinvestor > 2016-03-18 16:10 | Report Abuse

Looks like its a 50 50 chance of QA approved versus against. We are indirectly being blackmailed by the 25%. The structure of the spac is really wrong la

Posted by jack2 > 2016-03-18 16:11 | Report Abuse

panic selling seems subsided

Posted by Desa20201956 > 2016-03-18 16:15 | Report Abuse

intention of CS and Pacific is pure speculation.

but if resolution is defeated they will not be getting their money back so fast.

which could mean they are genuine investors. and vote YES.

Posted by Old90 > 2016-03-18 16:17 | Report Abuse

OWNERSHIP SUMMARY :
PUBLIC AND OTHER 463,025,839.00*S 32.82%
INSTITUTIONS 462,051,361.00*S 32.75%
CORPORATIONS(P) 322,142,800.00*S 22.84%
INDIVIDUALS/INSIDERS 163,494,300.00*S 11.59%