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

ktsk88

5,284 posts

Posted by ktsk88 > 2016-04-25 09:33 | Report Abuse

Only 2 possibility that warrants trading at high volume despite people saying the QA will failed.................

1) The big tickets holder could have known the outcome ........so continue mopping warrants at low price without chasing it.

2) Management mopping to rewards those that voted YES.

There won't be anyone that are so foolish trading the warrants knowingly know that it can be worthless after tomorrow (26th April).

So you figure out which are the possibility now.

speakup

27,014 posts

Posted by speakup > 2016-04-25 09:40 | Report Abuse

QA high chance will pass.

sudahkena

1,804 posts

Posted by sudahkena > 2016-04-25 10:02 | Report Abuse

if big volume with price up..it give more confident. ....

hard to make decisions. .buy today..tomorrow left nothing if fail.....

sudahkena

1,804 posts

Posted by sudahkena > 2016-04-25 10:02 | Report Abuse

collection mode or distribution. ... ??

bigbigboss

441 posts

Posted by bigbigboss > 2016-04-25 10:10 | Report Abuse

if today buy some if fail qa can get return ?

hpcp

450 posts

Posted by hpcp > 2016-04-25 10:14 | Report Abuse

bigbigboss, yes because the spac will be liquidated if QA fails

nizliza

4 posts

Posted by nizliza > 2016-04-25 10:15 | Report Abuse

sure can get....negative return

bigbigboss

441 posts

Posted by bigbigboss > 2016-04-25 10:17 | Report Abuse

not return 0.485 ?

speakup

27,014 posts

Posted by speakup > 2016-04-25 10:22 | Report Abuse

for punters, if want to punt, punt Sona warrant. speakup think u got >50% chance win.

DON_JUAN

1,488 posts

Posted by DON_JUAN > 2016-04-25 10:27 | Report Abuse

sona-wa >> GLOOMY outlook - may left with underwear @ seluar kecil

bryan90

288 posts

Posted by bryan90 > 2016-04-25 10:37 | Report Abuse

Wa
so want to hold or selling

DON_JUAN

1,488 posts

Posted by DON_JUAN > 2016-04-25 10:49 | Report Abuse

not worth anymore ..very risky !

jasonor

1,004 posts

Posted by jasonor > 2016-04-25 11:13 | Report Abuse

anybody knows in minimum we need to hold how much shares to be eligible to vote?

Ant

1,504 posts

Posted by Ant > 2016-04-25 11:43 | Report Abuse

coming... second wave for today...

Old90

686 posts

Posted by Old90 > 2016-04-25 12:21 | Report Abuse

Is either win or lose, that's it. Still, need to wait till tomorrow only then we will know the answer.

DON_JUAN

1,488 posts

Posted by DON_JUAN > 2016-04-25 12:24 | Report Abuse

BURNT to CHARCOAL ,,,,

T1T4N

270 posts

Posted by T1T4N > 2016-04-25 13:20 | Report Abuse

Actually if Credit suiise / PAG voted AGAINST via mailing (their address is from EUROPE).
High chance QA will fail, and it is known after counting the votes which is closed.

Posted by Kareemabduljabbar > 2016-04-25 14:18 | Report Abuse

I was told by broker that over the weekend management spoke to key investors and already 550 mil or so are voting no. Please speak to your friends and ask them to VOTE YES.

callme777

1,586 posts

Posted by callme777 > 2016-04-25 15:20 | Report Abuse

A day before eGm and the price is here...

Vjean

35 posts

Posted by Vjean > 2016-04-25 15:31 | Report Abuse

If CS/ PAG voted YES, the percentage to be passed will be more guaranteed, really a interesting bet now, nobody can confirm the result now until tomorrow, everybody is guessing and various version of stories now, but for those big bosses who collecting WA must be having some strong points to support them to do so. We just wait patiently and confidently.
25/04/2016 15:26

callme777

1,586 posts

Posted by callme777 > 2016-04-25 15:33 | Report Abuse

The mother is trading at year low. Great job Sona management

bryan90

288 posts

Posted by bryan90 > 2016-04-25 15:37 | Report Abuse

Tmr what time will voted.
I have hold and waiting tmr results because I have hold a lot wa .

callme777

1,586 posts

Posted by callme777 > 2016-04-25 15:43 | Report Abuse

How to vote a yes when the management don't even support their own stock!

callme777

1,586 posts

Posted by callme777 > 2016-04-25 15:52 | Report Abuse

Heading to 52 week low.

meegoreng

70 posts

Posted by meegoreng > 2016-04-25 15:53 | Report Abuse

Datuk Seri Saw Choo Boon already reiterated :) -
We note comments that our team should be doing more to convince shareholders. We would like to state for the record that:
-- All shareholders (majority or minority, institutional or retail) are important to us.
-- Public listed companies are bound by guidelines that extend to our communications.
-- What we can do is share the facts with the public. We trust our shareholders to make informed decisions.

Ant

1,504 posts

Posted by Ant > 2016-04-25 15:53 | Report Abuse

If 3c not break today.... good sign

Posted by George Richard > 2016-04-25 15:56 | Report Abuse

vote no for to protect your own interest

sudahkena

1,804 posts

Posted by sudahkena > 2016-04-25 16:02 | Report Abuse

vore no and if more 25% .. stuck money more than 6 money?

Brutus121

481 posts

Posted by Brutus121 > 2016-04-25 16:17 | Report Abuse

Trader66...If follow what MONEY TALK said, just toss a coin...Heads you Win Tails you Also Wins!!
Haiyaaaaa What kind of advise is that!!

Aha! but subject to Conditions...Oil Price must always be above US$45 per Barrel
Platform Abandonment Cost not included...

sudahkena

1,804 posts

Posted by sudahkena > 2016-04-25 16:27 | Report Abuse

today price for mother n wa... I feeling not good... ayoiiii

T1T4N

270 posts

Posted by T1T4N > 2016-04-25 16:32 | Report Abuse

Last 30 minutes. GOOD LUCK TO WARRANT HOLDERS!

rohank71

911 posts

Posted by rohank71 > 2016-04-25 16:33 | Report Abuse

At 43 sen I wonder why should a shareholder vote YES when can get 48.5 sen. Better vote NO and buy back share in the market.

T1T4N

270 posts

Posted by T1T4N > 2016-04-25 16:34 | Report Abuse

@bryan90, i suggest you self half of your warrants.
If QA pass, your half warrants will jackpot and cover the loss you sell today.
If QA fail, you sold half, and already reduce damage.

Just a suggestion for brothers/sisters on their hard earned money in this forum.

speakup

27,014 posts

Posted by speakup > 2016-04-25 16:34 | Report Abuse

Sona 43 sen = QA high chance going to pass

Old90

686 posts

Posted by Old90 > 2016-04-25 16:38 | Report Abuse

Patience and wait for tomorrow answer. QA should be able to pass through.

hpcp

450 posts

Posted by hpcp > 2016-04-25 16:40 | Report Abuse

I am amazed that there are people who still thing the QA will go through

Posted by WarenBufet > 2016-04-25 16:42 | Report Abuse

It is observed that there are people who sold Sona at 43sen (-1sen) but Sona-WA is sometimes -0.005 or even with high vol.
I wonder whether they selling Sona so that they can buy Sona-WA??

T1T4N

270 posts

Posted by T1T4N > 2016-04-25 16:44 | Report Abuse

Last Call to tomorrow judgement day!

bryan90

288 posts

Posted by bryan90 > 2016-04-25 16:45 | Report Abuse

T1t4
I have sell out l 30% wa already
thanks for your remind.

Old90

686 posts

Posted by Old90 > 2016-04-25 16:45 | Report Abuse

The Company will hold the adjourned Extraordinary General Meeting in relation to the
Proposed Acquisition (“Adjourned EGM”) at the Grand Ballroom, Grand Hyatt Kuala Lumpur, 12 Jalan Pinang, 50450 Kuala Lumpur, on Tuesday, 26 April 2016 at 10.00 a.m.

Posted by WarenBufet > 2016-04-25 16:46 | Report Abuse

If they are indeed selling Sona so that they have cash to buy Sona-WA, the implications is huge. Nevertheless, its an observation which I hope will be positive for tomorrow's EGM, which reinforces my intention to vote to APPROVE for the Stag QA.

T1T4N

270 posts

Posted by T1T4N > 2016-04-25 16:46 | Report Abuse

@bryan90, yea, at least you will not be super stressed out on whatever results tomorrow.
Good luck.

bryan90

288 posts

Posted by bryan90 > 2016-04-25 16:48 | Report Abuse

T1t4 correct. Because until now I also have litter bit worry.
because today the price still down.
hope tmr qa is pass .

speakup

27,014 posts

Posted by speakup > 2016-04-25 16:48 | Report Abuse

mark my words, Sona QA will pass. that's why Sona mother drop.

speakup

27,014 posts

Posted by speakup > 2016-04-25 16:49 | Report Abuse

if Sona QA fail, mother should up (not down)

bryan90

288 posts

Posted by bryan90 > 2016-04-25 16:50 | Report Abuse

Tmr I have tell my friends votes yes already.
becauae tmr I will overseas meeting so no time go to voted yes.

Posted by CLIQmanagement > 2016-04-25 16:50 | Report Abuse

sure dead already. Is internal news.
You may say im talking cock.
Sell all warrant now pls. last 10min

rohank71

911 posts

Posted by rohank71 > 2016-04-25 16:50 | Report Abuse

less than 2 trading hour for EGM results.
By tomorrow we will know if the management has created value for the warrant holders or not.

Old90

686 posts

Posted by Old90 > 2016-04-25 16:55 | Report Abuse

All the best for tomorrow EGM, hopefully QA will get to pass through.

bryan90

288 posts

Posted by bryan90 > 2016-04-25 16:55 | Report Abuse

Never mind
because I belive sona management will try to get support from shareholders by tonight .

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