SONA PETROLEUM BERHAD

KLSE (MYR): SONA (5241)

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Last Price

0.475

Today's Change

0.00 (0.00%)

Day's Change

0.00 - 0.00

Trading Volume

0


37 people like this.

21,560 comment(s). Last comment by beatme 2018-04-30 11:12

coolinvestor

1,249 posts

Posted by coolinvestor > 2016-03-29 15:43 | Report Abuse

that being said even if the QA did go thru and being approved. we can still buy back shares warrants later tho the gains will not be that high.

this is more sensible for me.

cheers

DRwarrant

8,354 posts

Posted by DRwarrant > 2016-03-29 15:43 | Report Abuse

BUT those bought SONA-WA above 6 SEN >> DEAD RAT - BOOOO CHOWWW CCCCCCC !!

DRwarrant

8,354 posts

Posted by DRwarrant > 2016-03-29 15:51 | Report Abuse

Mr COOLINVESTOR......YOU CUT YOUR BIRD oledi....CEHHHHHH !

coolinvestor

1,249 posts

Posted by coolinvestor > 2016-03-29 15:52 | Report Abuse

no choice lo. fear of losing money too real.
cut loss quick and reinvest resources for other more profitable projects

fiamma20

18 posts

Posted by fiamma20 > 2016-03-29 15:58 | Report Abuse

confirmed 45% of the shareholders have voted against the acquisition of qualifying assets. No choice we have to sell all the warrants by today.

Old90

686 posts

Posted by Old90 > 2016-03-29 16:01 | Report Abuse

fiamma20, where you get the source? pls show out. Talk is cheap, fact is real.

DRwarrant

8,354 posts

Posted by DRwarrant > 2016-03-29 16:10 | Report Abuse

see now >> SONA-WA ATTACCKKKKKKKKKKKKKKKKKKKKKKKKKKKKKK

DRwarrant

8,354 posts

Posted by DRwarrant > 2016-03-29 16:10 | Report Abuse

SONA-WA >> FURTHER ATTACCKKKKKKKKKKKKKKKKKKKKKKKKKKKK $$$$$
SMELL JACKPOT $$$$$$$$$$

fiamma20

18 posts

Posted by fiamma20 > 2016-03-29 16:14 | Report Abuse

I don't talk cheap, just ask sona management. it is gone, please sell all your warrants while you can.

WarmEye

81 posts

Posted by WarmEye > 2016-03-29 16:18 | Report Abuse

Haha, if the results of tomolo approved. Those ask sell name will disapear n new name coming. Haha...

fzank

1,537 posts

Posted by fzank > 2016-03-29 16:19 | Report Abuse

lee suk kung , tan tin & sai kai also give up

Old90

686 posts

Posted by Old90 > 2016-03-29 16:19 | Report Abuse

fiamma20, lol, this is "your fact" and "your own idea". The answer still need to wait till tomorrow only will know.

fiamma20

18 posts

Posted by fiamma20 > 2016-03-29 16:21 | Report Abuse

Everyone know the voting percentage is 45% against proposed acquisiton, only fools will denied the fact. Happy burning your money for those who are still holding the warrants.

fzank

1,537 posts

Posted by fzank > 2016-03-29 16:22 | Report Abuse

lol some sore high bought lee suk kung 10 lots at 0.05 ... hehehe

Old90

686 posts

Posted by Old90 > 2016-03-29 16:23 | Report Abuse

Either win or lose, we will see tomorrow. Guessing doesn't really help much.

DRwarrant

8,354 posts

Posted by DRwarrant > 2016-03-29 16:23 | Report Abuse

fiamma >> don't be PONDAN !

fzank

1,537 posts

Posted by fzank > 2016-03-29 16:23 | Report Abuse

hahahaha ... dancing 11 22 11 22 11 .. lol

fiamma20

18 posts

Posted by fiamma20 > 2016-03-29 16:28 | Report Abuse

why need to guess? just call Sona management and you will get the answer! They won't lie to you fools! However, only stupid fools do not how to source for first hand information!

YC_Ma

907 posts

Posted by YC_Ma > 2016-03-29 16:29 | Report Abuse

fox is coming run run run hahahaha

fzank

1,537 posts

Posted by fzank > 2016-03-29 16:30 | Report Abuse

15 minutes left .... BIG decisions ...

DRwarrant

8,354 posts

Posted by DRwarrant > 2016-03-29 16:33 | Report Abuse

BE GREEEEEEEEEEEEEEEDY while others IN SHIVERINGGG - W BUFFET $$$$$$

fzank

1,537 posts

Posted by fzank > 2016-03-29 16:33 | Report Abuse

'kan cheong' time ....

callme777

1,586 posts

Posted by callme777 > 2016-03-29 16:44 | Report Abuse

Don't scare ppl la, I called say nothing is confirmed

ktsk88

5,284 posts

Posted by ktsk88 > 2016-03-29 16:46 | Report Abuse

if nothing happen meaning the QA is going to go thru?

Old90

686 posts

Posted by Old90 > 2016-03-29 16:48 | Report Abuse

No worry, all will be fine.

ktsk88

5,284 posts

Posted by ktsk88 > 2016-03-29 16:50 | Report Abuse

lucky i am still holding on the warrant, either go broke all or a new lease of life after tomorrow.

jollywin

43 posts

Posted by jollywin > 2016-03-29 17:15 | Report Abuse

I like your mindset and your adventurous ktsk

Posted by Kunta Kintae > 2016-03-29 17:15 | Report Abuse

I am a retailer. Thank you to 5 sen sona-w seller. Becouse of you i collect 12650 lot. If i am lucky i will harvest next week. Insyaallah.

fiamma20

18 posts

Posted by fiamma20 > 2016-03-29 17:26 | Report Abuse

Allah couldn't help you this time! The proposed acquisition has been voted out by 45% of the total shareholders!

coolinvestor

1,249 posts

Posted by coolinvestor > 2016-03-29 17:27 | Report Abuse

by proxy votes?

Posted by cricketlast > 2016-03-29 17:28 | Report Abuse

Good luck guys for tomorrow's meeting....

ruslimz

1,609 posts

Posted by ruslimz > 2016-03-29 17:31 | Report Abuse

kunta.....if you are not lucky.....keranda anda akan diusung.......

jack2

1,359 posts

Posted by jack2 > 2016-03-29 17:33 | Report Abuse

Kunta is the wa champion...

meet at EGM tmrow morning

cheers

Posted by ASEANInvest > 2016-03-29 17:34 | Report Abuse

Credit Suisse and PAG collectively hold only about 13%. CS is proxy for PAG.Last I heard, they are happy with CR and are willing to take the upside to 50sen

fiamma20

18 posts

Posted by fiamma20 > 2016-03-29 17:34 | Report Abuse

Yes, the proxy votes has already killed the proposed acquisition. Even the Chairman demanded for a poll also no point as the chance is zero percentage for the acquisition to go through.

Sona Management need to start packing their personal belongings and say good bye to the "Yes" shareholders.

Any comment from Sona Management?

Posted by ASEANInvest > 2016-03-29 17:38 | Report Abuse

Other cornerstone and institutionals are voting this through as there is very little downside. PLUS, the warrants that the initial investors still own will climb back up. There is ALL to gain and NOTHING to loose here. Fiamma20 is sleeptalking.

ruslimz

1,609 posts

Posted by ruslimz > 2016-03-29 17:39 | Report Abuse

malam jumaat ini semua dijemput hadhir kemajlis tahlil untuk sona warrants [ bagi yang sudah bersunat sahaja }.........

Anson1314

497 posts

Posted by Anson1314 > 2016-03-29 17:43 | Report Abuse

haha, sudah bersunat, pala besar kan?

fiamma20

18 posts

Posted by fiamma20 > 2016-03-29 17:44 | Report Abuse

Amin! syukur nikmat!

traderman

7,854 posts

Posted by traderman > 2016-03-29 17:45 | Report Abuse

those who loss money ... learn 1 lesson ... never invest in spac aka empty shell

lclwyp

691 posts

Posted by lclwyp > 2016-03-29 17:53 | Report Abuse

It is really a gambling game for warrant. Bet either Yes or No. If yes turn out, may win double but if voted no may lose all. Good Luck!

Anson1314

497 posts

Posted by Anson1314 > 2016-03-29 18:05 | Report Abuse

50/50, take ur own risk. better call CEO tanya dulu, haha.

cashflow

3,642 posts

Posted by cashflow > 2016-03-29 18:19 | Report Abuse

The deal proposed to purchase Stag oilfield was 25MM, 50% discount from original price negotiated in Feb.

jack2

1,359 posts

Posted by jack2 > 2016-03-29 18:51 | Report Abuse

1. true, it is not possible for proxy votes to be known openly.
sona has won award for strong corporate governance, how can the proxy results leak out? only selected management and secretary will know the proxy votes

2. even if the proxy result is known by now but it constitute how many percent of the total votes/shares? 30%? 50%? 80% of total shares?

we can accept whatever results, but lets wait for the EGM tmrow for the actual results

cheers

Posted by ASEANInvest > Mar 29, 2016 05:38 PM | Report Abuse

Other cornerstone and institutionals are voting this through as there is very little downside. PLUS, the warrants that the initial investors still own will climb back up. There is ALL to gain and NOTHING to loose here. Fiamma20 is sleeptalking.

cashflow

3,642 posts

Posted by cashflow > 2016-03-29 19:05 | Report Abuse

Mother share held steady despite speculation. I suppose long term invested would be interested to approve QA based on the discounted purchase value. In fact, now is the right time for acquisition with low oil price.

HYG

1,484 posts

Posted by HYG > 2016-03-29 20:40 | Report Abuse

Cashflow, totally agreed with you.

Posted by sonapetroleum > 2016-03-29 20:44 | Report Abuse

Dear all, we would like to share with you our latest interview with The Edge TV: https://www.youtube.com/watch?v=M1E8b6YFnpY. Looking forward to meeting all shareholders at the EGM tomorrow!

Alvin Hong

116 posts

Posted by Alvin Hong > 2016-03-29 21:04 | Report Abuse

Good or bad

Posted by sonapetroleum > 2016-03-29 21:07 | Report Abuse

We are confident that this QA is the best deal for the shareholders. Our thanks to the SC for its decision to approve this deal based on careful and comprehensive deliberations.

Ant

1,504 posts

Posted by Ant > 2016-03-29 21:10 | Report Abuse

ha ha.... ask but no answer...

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