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

callme777

1,586 posts

Posted by callme777 > 2016-03-30 12:26 | Report Abuse

Yes postpone. Next egm within 30 days

paper123

23 posts

Posted by paper123 > 2016-03-30 12:26 | Report Abuse

ini stock orang kaya ke?

cashflow

3,642 posts

Posted by cashflow > 2016-03-30 12:26 | Report Abuse

0,045 clearing, don't miss the boat

ahdi

274 posts

Posted by ahdi > 2016-03-30 12:26 | Report Abuse

the deal is on ?!

edryazlan

36 posts

Posted by edryazlan > 2016-03-30 12:27 | Report Abuse

Meeting adjourn for 30 days -.-"

JamieC

874 posts

Posted by JamieC > 2016-03-30 12:27 | Report Abuse

callme777 thanks very much! may god bless u :)

cashflow

3,642 posts

Posted by cashflow > 2016-03-30 12:28 | Report Abuse

Happy Happy :)

analyst

79 posts

Posted by analyst > 2016-03-30 12:29 | Report Abuse

Callme77, no outcome yet? Heard better deal to be confirmed including warrants?

Posted by pendekarbujang > 2016-03-30 12:29 | Report Abuse

suddenly..sona-wa gaining

cashflow

3,642 posts

Posted by cashflow > 2016-03-30 12:29 | Report Abuse

Profit 12k

Posted by pendekarbujang > 2016-03-30 12:30 | Report Abuse

thank to you callme77

cashflow

3,642 posts

Posted by cashflow > 2016-03-30 12:31 | Report Abuse

Thanks Sona-WA, up up!

fyda74

226 posts

Posted by fyda74 > 2016-03-30 12:31 | Report Abuse

Thanks, callme777 :)

lly316

159 posts

Posted by lly316 > 2016-03-30 12:36 | Report Abuse

If oil price plunging, it may then affect the decision again within next 30 days

Old90

686 posts

Posted by Old90 > 2016-03-30 12:38 | Report Abuse

Good !

ruslimz

1,609 posts

Posted by ruslimz > 2016-03-30 12:42 | Report Abuse

May be after second briefing of capital repayment, some members changed from NO to YES ant they agreed with the postponement. Before new date of EGM, they will be allowed to change the vote from NO to YES. So in my opinion..... finally YES vote will win...looking from the morning session closing price of warrant.........

cashflow

3,642 posts

Posted by cashflow > 2016-03-30 12:47 | Report Abuse

Looks like mother will set new high above 0.5 in coming weeks.

meegoreng

70 posts

Posted by meegoreng > 2016-03-30 12:50 | Report Abuse

Yaa, i concurr with the view of ruslimz.

ruslimz

1,609 posts

Posted by ruslimz > 2016-03-30 13:27 | Report Abuse

the edgedaily reported " Sona EGM adjourned as shareholders need more time to consider capital repayment "......

speakup

27,014 posts

Posted by speakup > 2016-03-30 13:39 | Report Abuse

anti-climax :-)
expected either YES or NO, not delay.

Anson1314

497 posts

Posted by Anson1314 > 2016-03-30 13:40 | Report Abuse

so, need postpone for repayment?

Posted by maselankacak > 2016-03-30 13:46 | Report Abuse

EGM pon can postpone ka hahah
so next one will be called what? EGM Round 2?
wanna see fatality/animality gg LOL

speakup

27,014 posts

Posted by speakup > 2016-03-30 13:47 | Report Abuse

so each EGM, Sona will postpone again and again when they see more ppl vote NO ?

T1T4N

270 posts

Posted by T1T4N > 2016-03-30 13:51 | Report Abuse

Can change NO to YES for the people who VOTED?
The circular mentioned previously, all the proxies votes are FINAL and NOT CHANGEABLE.

Will wait for new circular, whether they eat back their own words

speakup

27,014 posts

Posted by speakup > 2016-03-30 13:55 | Report Abuse

rules can be changed according to whims and fancy.

AiryA

110 posts

Posted by AiryA > 2016-03-30 14:03 | Report Abuse

can be changed by shareholders.. very high possibility that final voting will be yes..

vinoth

640 posts

Posted by vinoth > 2016-03-30 14:06 | Report Abuse

Which answer will make the price go up?

coolinvestor

1,249 posts

Posted by coolinvestor > 2016-03-30 14:09 | Report Abuse

Interesting developement. I have rebuy my warrants haha. Thx callme for the headsup. Are u still voting no? I think you will also reconsider on their new capital repayment plan right?

All the best to all. All make money.

xachx

10 posts

Posted by xachx > 2016-03-30 14:12 | Report Abuse

Price go up with investor speculation not answer.

tyran

94 posts

Posted by tyran > 2016-03-30 14:13 | Report Abuse

end of the day, management wants a YES, and they can change the rules until they get a YES

this is how business is done in this country!
wakakakakakaka

paper123

23 posts

Posted by paper123 > 2016-03-30 14:17 | Report Abuse

by right can manipulate vote

ahdi

274 posts

Posted by ahdi > 2016-03-30 14:20 | Report Abuse

if in tat case, the warrant back to 0.10 possible

YC_Ma

907 posts

Posted by YC_Ma > 2016-03-30 14:21 | Report Abuse

wakakakakaka Sona the power of dream.....

cooling

1,676 posts

Posted by cooling > 2016-03-30 14:26 | Report Abuse

it benefits the shareholders if its a YES...because their warrant holdings will triple in price within these few days...hahaha...

jstockman

364 posts

Posted by jstockman > 2016-03-30 14:28 | Report Abuse

aiyah, why some of you keep worrying about the rules and the management manipulating the rules? If it is happening, then it is happening! What it tells us is that the management want to ensure a vote of YES happen. So if you cannot accept a YES, just f*** off and shut up here.

jstockman

364 posts

Posted by jstockman > 2016-03-30 14:31 | Report Abuse

Firework begins! 16 mils share transaction on the first second of 2.30pm

Posted by Wong Heam Kiew > 2016-03-30 14:32 | Report Abuse

Can consider to buy the mother share, I am quite sure the price would be higher than 48 sen before the next EGM, but must sell it before EGM.

speakup

27,014 posts

Posted by speakup > 2016-03-30 14:33 | Report Abuse

mad rush for Sona......REBUUUUUUTTTTTTTTTTT!!!!!!!!!!!!

speakup

27,014 posts

Posted by speakup > 2016-03-30 14:34 | Report Abuse

INI KALILAH!!!!

speakup

27,014 posts

Posted by speakup > 2016-03-30 14:35 | Report Abuse

NOW OR NEVER!!!!
REBUUUTTTTTTTTTTTTT!!!!!!!!!!!!!

jstockman

364 posts

Posted by jstockman > 2016-03-30 14:35 | Report Abuse

wow, another 20mils transaction gone, making a total of 150mils volume so far. Today's KLSE total volume is 1Bil. Sona-WA alone is contributing 15% of the total transaction done on bursa saham today.

speakup

27,014 posts

Posted by speakup > 2016-03-30 14:38 | Report Abuse

close eye.....buy!
open eye....BUTA MONEY IN YOUR HANDS!!!!!

callme777

1,586 posts

Posted by callme777 > 2016-03-30 14:40 | Report Abuse

After attending the EGM and spike to the proxy of UBS, the QA will be approved by the shareholders . I will also vote yes now

speakup

27,014 posts

Posted by speakup > 2016-03-30 14:41 | Report Abuse

load up on the warrants, then vote yes.

edryazlan

36 posts

Posted by edryazlan > 2016-03-30 14:45 | Report Abuse

speakup promoting SONA -.-"

jstockman

364 posts

Posted by jstockman > 2016-03-30 14:46 | Report Abuse

i sold mine! consider to re-enter. is 0.050 a good price? or should i wait for 0.040 or even lower?

Pelabur

1 posts

Posted by Pelabur > 2016-03-30 14:49 | Report Abuse

hei Guys,

Just look at Hibiscus, after QA now only 20sen before 1.50
dont be deceived , vote no next time and cash out if you have a lot of shares.

jstockman

364 posts

Posted by jstockman > 2016-03-30 14:53 | Report Abuse

@Pelabur The QA is good for Warrant share only but not necessary to mother share. Because QA guarantee the SONA-WA warrant can be exchanged for 0.35 in July 2016. Without QA, the warrant is a piece of useless paper. So, if QA approve, you are buying something worth 0.35 in 3 months time at today's price of 0.050.

Posted by Michael Teng > 2016-03-30 14:56 | Report Abuse

Was the EGM adjourned by a simple majority ?
Unless it was a overwhelming vote in excess of 75%, otherwise it will produce the same results

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