Posted by speakup > 2016-03-29 09:27 | Report Abuse

this article cause selldown http://klse.i3investor.com/blogs/purelysharing/93864.jsp

Posted by Old90 > 2016-03-29 09:43 | Report Abuse

Just another one more days, will know whether the QA success or not. Is either win or lose, nothing more. Big shareholders that decide the QA, not those ikan bilis.

Posted by luckyoldman > 2016-03-29 09:44 | Report Abuse

The last minute capital refund proposed is rather unfair to investors who had voted prior to EGM.
Maybe the Board of Directors will like to postpone the EGM so that all the investors have sufficient time to digest the latest proposal.

Posted by speakup > 2016-03-29 09:49 | Report Abuse

it was last minute because Sona management wanted to see the initial response. when they saw most rejected, they panicked, and announced the capital repayment.

Posted by speakup > 2016-03-29 09:51 | Report Abuse

as i say before, if Sona management really wanted the QA, they should've hired a syndicate to goreng up Sona price above net cash value. that way, all yield investors wiped up. afterall management shares only costs a puny 1sen to Sona management.

Posted by speakup > 2016-03-29 09:53 | Report Abuse

THE ONLY WAY for QA to be 100% successful is to wipe out the yield investors. How do you do that? Only one way..... THE SHARE PRICE MUST BE ABOVE THE NET CASH VALUE. NO EXCEPTION!

Posted by jack2 > 2016-03-29 09:53 | Report Abuse

No worry, another 24 hours you will know the outcome

Share market doesn't like uncertainty, that is how the warrant react, panic selling cum traders joining in

cheers

Posted by speakup > 2016-03-29 09:56 | Report Abuse

i not worried. i hold 0 sona and 0 sona-wa.
i just sharing my independent view point.

Posted by jack2 > 2016-03-29 09:58 | Report Abuse

Yeah, all major shareholders are supporting the QA

non shareholders naysayers are just creating the noises

cheers

Posted by Old90 > Mar 29, 2016 09:43 AM | Report Abuse

Just another one more days, will know whether the QA success or not. Is either win or lose, nothing more. Big shareholders that decide the QA, not those ikan bilis.

Posted by callme777 > 2016-03-29 10:01 | Report Abuse

Stock price don't lie. Just see the price now....

Posted by HYG > 2016-03-29 10:08 | Report Abuse

So the QA success or not will be know by tomorrow!

Posted by ruslimz > 2016-03-29 10:29 | Report Abuse

from the price activity, no needs to wait for tomorrow....you already can predict tomorrow's result.....for warrants holders,please be ready with your own coffin for tomorrow burial...sad...sad......

Posted by lly316 > 2016-03-29 10:33 | Report Abuse

I am just concern on how long we will get refund if QA rejected...

Posted by jack2 > 2016-03-29 10:40 | Report Abuse

Don't worry, QA will be approved

the other day, Germany vs England, Germany leading 2-0 at home play,
by end of game England won 3-2
sometimes, we may think it was over when things were not favourable at that time but eventually the result was positive to Engld.

EGM is 24 hours away & don't be overly concerned

Hope to see you guys there

Cheers

Posted by callme777 > 2016-03-29 10:55 | Report Abuse

Using soccer terminology or stock market. Lol

Posted by Ant > 2016-03-29 10:56 | Report Abuse

those who bought in WA today... are brainless ?????????????????

Posted by Ant > 2016-03-29 10:57 | Report Abuse

or just a real Gamblers????????????

Posted by jack2 > 2016-03-29 11:00 | Report Abuse

calllmeee

surprised that you are still around holding the stocks...

Posted by speakup > 2016-03-29 11:03 | Report Abuse

yes anything can happen.
Just look, this year Leicester will win the EPL. Who would have thought a small unknown club like Leicester can win the EPL title????

Posted by speakup > 2016-03-29 11:05 | Report Abuse

Leicester against giants like Manchester United, Manchester City, Chelsea, Arsenal, Liverpool.....

Posted by speakup > 2016-03-29 11:06 | Report Abuse

Before this, how many ppl here even heard of Leicester?????

Posted by callme777 > 2016-03-29 11:07 | Report Abuse

Sayonara oh sayonara oh

Posted by callme777 > 2016-03-29 11:07 | Report Abuse

My average is rm0.4289, hold la. Why sell? Hope U all vote yes tomorrow .

Posted by speakup > 2016-03-29 11:08 | Report Abuse

it aint game over until the referree blows the final whistle ;-)

Posted by speakup > 2016-03-29 11:08 | Report Abuse

if u hold the mother, nothing to worry about lah.
it is only those holding the warrants need worry.

Posted by callme777 > 2016-03-29 11:10 | Report Abuse

Please vote yes. All of you PLs pls pls vote yes so I can get my money in 3 days

Posted by lly316 > 2016-03-29 11:17 | Report Abuse

tomolo suspend or?

Posted by Old90 > 2016-03-29 11:28 | Report Abuse

Tomorrow is the voting time : Holding mother shares, nothing to worry as if voted Yes or No. But for warrants, there is risk, win big as QA approved, lose big as QA failed (either win or lose). Well, I do think Sona QA is a great deal, So, I will vote for Yes. Between, I hold both Sona mother shares and warrant too. Still I gonna said, is big shareholders(Corporation/Institution/Individual) to decide the QA.

Posted by anakayambursa > 2016-03-29 11:29 | Report Abuse

see u all at agm tomorrow

Posted by akhan1717 > 2016-03-29 11:40 | Report Abuse

a YES vote will make the day for most...

Posted by jack2 > 2016-03-29 11:54 | Report Abuse

Needles to say,

my group is all YES

Posted by lly316 > 2016-03-29 12:10 | Report Abuse

Plz help to announce the results here for those who going tomolo ;) Arigato

Posted by Eric Ong > 2016-03-29 12:32 | Report Abuse

Can someone enlighten me why would anyone say NO to the deal?

Posted by lly316 > 2016-03-29 12:44 | Report Abuse

so that they can firmly get back refund of abt 47sen after minus the liquidation cost & ect, which they think more safe than after QA approved the share price might down/up/no change..

Posted by Old90 > 2016-03-29 12:45 | Report Abuse

Eric Ong, read this : http://klse.i3investor.com/blogs/kianweiaritcles/93892.jsp

Posted by houwei86y > 2016-03-29 13:22 | Report Abuse

IF i am CS or PA, i will play this game:
1) Create all the uncertainty in the market of QA approval up to today, and buy in large volume of WA at (0.045~0.05). Once QA approve tomorrow.. WA price will go up to ~0.10 based on 0.35 exercise price to be in the money (80-90% return)

2) Mother share to be kept or to be sold: Depends on price of SONA after QA approved. (Anyways they are going to get back the capital repayment ~ 10 ~ 12%) If appreciates, can sell at premium compared to purchase price. However, if price drops to around 0.43 (due to no more support by SC regulation), can still sell at discount however huge earning on WA.....

This definitely sounds like a plan =)
So my guess is it will be a yes from them, and secretly collecting wa...

Posted by Yunus > 2016-03-29 13:29 | Report Abuse

Will be at the EGM to say YES both as a proxy and shareholder!

Posted by nypd8845 > 2016-03-29 14:08 | Report Abuse

HOW can we know the QA result in a faster way?

Posted by jack2 > 2016-03-29 14:12 | Report Abuse

Yeah, make sense, I will do the same if I were big funds


Posted by houwei86y > Mar 29, 2016 01:22 PM | Report Abuse

IF i am CS or PA, i will play this game:
1) Create all the uncertainty in the market of QA approval up to today, and buy in large volume of WA at (0.045~0.05). Once QA approve tomorrow.. WA price will go up to ~0.10 based on 0.35 exercise price to be in the money (80-90% return)

2) Mother share to be kept or to be sold: Depends on price of SONA after QA approved. (Anyways they are going to get back the capital repayment ~ 10 ~ 12%) If appreciates, can sell at premium compared to purchase price. However, if price drops to around 0.43 (due to no more support by SC regulation), can still sell at discount however huge earning on WA.....

This definitely sounds like a plan =)
So my guess is it will be a yes from them, and secretly collecting wa...

Posted by Ant > 2016-03-29 14:45 | Report Abuse

seem like I have to ready my coffin liou..........

Posted by jack2 > 2016-03-29 14:56 | Report Abuse

ant, you are so funny, need to get ready coffien, hehe

today, son limit down, tmrw double limit up...
anything is possible

don't worry too much

Posted by Old90 > 2016-03-29 15:31 | Report Abuse

I agree with houwei86y and jack2, big buyers create uncertainty ,collect at low, as they will vote Yes for the QA to get a huge gain.

Posted by callme777 > 2016-03-29 15:32 | Report Abuse

Stock price tells a lot. Be smart! If anything positive, the warrants should be trading higher from now to close. Is now or never

Posted by Old90 > 2016-03-29 15:35 | Report Abuse

Still, we are just "guessing" only, tomorrow we all will know the answer. Let's hope for the best.

Posted by JamieC > 2016-03-29 15:36 | Report Abuse

if warrants is such a high risk,how come still hv huge buyers?

Posted by T1T4N > 2016-03-29 15:37 | Report Abuse

Credit Suisse and PAG has submitted their proxy votes by now.
The warrants seems like showing their VOTE of AGAINST.
Take care guys. I'm going FOR QA tmr.

Posted by Old90 > 2016-03-29 15:38 | Report Abuse

Got people sell, sure got people buy. Buyers aim for the success of QA, so that they can get a huge earn. They know the fact : "High risk equal high return".

Posted by DRwarrant > 2016-03-29 15:40 | Report Abuse

BE GREEEEEEEEEEEEDY >> the cheaper the warrantss >> the higher the % gain $$$$$

Posted by coolinvestor > 2016-03-29 15:41 | Report Abuse

it is purely a chance now that whether the QA will be approved or not.

for those holding mothershares at least you will get back a cash back value should the QA failed.

for those holding warrants the risk apparently now is very high of losing money due to QA not being approved. hence only play with money you can afford to lose as this is turning into a gambling bet on warrants.

the events leading to this egm has made me lose hope on the QA already. hence i have sold my warrants at a loss.

md not confident in bfm, vp hinting wasted opportunity should QA fails, the 80mil capital repayment too little too late and with conditions.

i think the spac structure has failed. one blogger did mentioned they have issues too much shares n warrants together. this is maybe true. but i for one did not like the 75% approval rule. leaves the QA to be cornered too easily.

guys gals make your decisions wisely and all the best.

Posted by DRwarrant > 2016-03-29 15:41 | Report Abuse

WANT JACKPOT ? go for WARRANTS