Sona, you are just killing your QA at these stock price. Unless you want it to fail and take the QA private? I don't know. That's all I think about. You ppl are crazy not to support the stock. Enough said. I am voting NO
Actually there is a main reason why stock fall, because people who buy NOW, is not eligible for the GUARANTEE YIELD. (already past the date that guarantee ownership)
This sends a SUPER STRONG MESSAGE, meaning, the people who bought previously are highly interested in the YIELD.
If not, they should have WALLAP all the shares today.
TLTAN...the date previously set is the date set for eligiblity to vote, not for final refund.....if QA failed the counter will be suspended before refund and the list of shareholders during suspension are eligible for refund...meaning if you buy now and keep until suspension after QA failed, you are eligible for refund.................
Let's not speculate. Based on MIDF research, it appears the QA is a good buy, however it is stakeholders decision moving forward. Usually this is the right time to buy Oil & Gas assets. Price has stabilized and market is totally immune on OPEC's move.
I was told by broker all the major block holders have agreed a structure with the promoters so likely deal will go ahead. Anyone hear of this story ? VOTE YES.
I believe the weak buying of Sona today is because its after the 20 Apr 2016 Record of Depositors for EGM and those who buy today are not eligible to vote at EGM. I think buyers intend to accumulate more Sona shares, so there is no need for them to push to price up now but just wait for sellers to sell shares to them.
T1T4N, You would be looking at closer to 47.5 sen, after deducting liquidation costs, taxes, and any other related costs. And you would be lucky to get your money back in 12 months, more likely in 18 months.
As oil prices have somewhat bottomed out & supplies tightening going forward, I am switching from short term yield investor to long term growth & yield investor. This switch of strategy fits just fine with my investments in Sona, as I look forward to capital growth as well as yearly yield from dividends, which is norm for upstream O&G cos.
In addition to the strengthening oil prices, the Ringgit has also strengthened vs USD in 2016 as compared to 2015. These key factors greatly benefits investors of Sona in the long run. The timing is just right as I get to invest into O&G E&P co like Sona, when oil prices has started to move up and also the QA will now be relatively cheaper in RM terms. So investing in Sona will allow me to enjoy the best of both worlds
Russia said a few days ago that they might increase their oil production. They also said they have no problem to do that as their cost of production is only US$4 per barrel.
mana ada 50 50..... 0 Yes 100 NO lah.....ada 4 hari lagi....tak nampak tanda psitive pun....sudah lah tu...better forget this project, if not you will be buried once again.....dua kali mati.....
Even after the botched Doha meeting and Saudi Arabia, Russia & Iran hinting that they could increase production, the strengthening of Brent crude oil prices is still resilient, as according to TheStar: Oil prices set for one of the biggest weekly rises in 2016 with Brent at USD45 per barrel. Furthermore, according to Sona circulars, Stag crude fetches a premium to the Brent.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
sudahkena
1,804 posts
Posted by sudahkena > 2016-04-21 12:50 | Report Abuse
mgt will fight to pass the qa..if not they will lose money even their cost only 0.01 n not entitle for cash refund if I not mistaken