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

bryan90

288 posts

Posted by bryan90 > 2016-04-26 10:46 | Report Abuse

So is good or bad news

ktsk88

5,284 posts

Posted by ktsk88 > 2016-04-26 10:46 | Report Abuse

if voted YES, QA will not fail............only fails if you guys voted NO.................all the necessary approvals is obtained and now approval needed from you guys voting at the EGM.....

iwcking

160 posts

Posted by iwcking > 2016-04-26 10:47 | Report Abuse

any business has risk. depending whether it is acceptable for the market. as an investor i think its undervalue. my insider said yes. so we will stay here and see okay, win or lose is just another day

pop2016new

653 posts

Posted by pop2016new > 2016-04-26 10:47 | Report Abuse

so.. fail=extended qa
success = fly.
overall 0% risk.
and why all the panic selling for warrant..

nypd8845

37 posts

Posted by nypd8845 > 2016-04-26 10:47 | Report Abuse

t1, when will we know the final result,?

Posted by George Richard > 2016-04-26 10:47 | Report Abuse

so the proxies have it, lol

Anson1314

497 posts

Posted by Anson1314 > 2016-04-26 10:48 | Report Abuse

after lunch will know result

Anson1314

497 posts

Posted by Anson1314 > 2016-04-26 10:48 | Report Abuse

check preview chat.

ktsk88

5,284 posts

Posted by ktsk88 > 2016-04-26 10:48 | Report Abuse

Once the EGM is done with 75% YES votes, then Sona can close the chapter and become the 1st SPAC successfully acquired the QA and also another O&G players in the region.

T1T4N

270 posts

Posted by T1T4N > 2016-04-26 10:49 | Report Abuse

Vote poll starts!

ktsk88

5,284 posts

Posted by ktsk88 > 2016-04-26 10:49 | Report Abuse

If the QA is approve, the Warrant should fly limit up.

LKWWGP

413 posts

Posted by LKWWGP > 2016-04-26 10:49 | Report Abuse

warrant back to 0.035

T1T4N

270 posts

Posted by T1T4N > 2016-04-26 10:50 | Report Abuse

Results out Today. Either noon break announce or after 5pm

Posted by George Richard > 2016-04-26 10:51 | Report Abuse

if ktsk88 wish comes true, i get my 48cents and good luck to you guys

LKWWGP

413 posts

Posted by LKWWGP > 2016-04-26 10:51 | Report Abuse

warrant 0.040 liao

Old90

686 posts

Posted by Old90 > 2016-04-26 10:51 | Report Abuse

nice, sona wa going up!!

speakup

27,072 posts

Posted by speakup > 2016-04-26 10:51 | Report Abuse

warrant up. 4sen now.
no need to look anymore, QA passed.

bryan90

288 posts

Posted by bryan90 > 2016-04-26 10:52 | Report Abuse

My few broker have inform me have big shark to correct the wa on 0.03

ktsk88

5,284 posts

Posted by ktsk88 > 2016-04-26 10:52 | Report Abuse

warrant holders take note, once you exercise the warrant to mother, you're entitlte to the 8 sen repayment.

pop2016new

653 posts

Posted by pop2016new > 2016-04-26 10:52 | Report Abuse

i have researched the wigs and oil price...although russia and saudi have increased their oil wig production, it is still not enough for the demand in the worlds as the non-opec country is decreasing production as well as u.s.oil price will stabilize in 2017,and not mentioning saudi arab is changing their country income direction towards a non-oil production central ,if for future o&g will play a big show. so why not?

Old90

686 posts

Posted by Old90 > 2016-04-26 10:52 | Report Abuse

QA will pass through..

iwcking

160 posts

Posted by iwcking > 2016-04-26 10:52 | Report Abuse

haha.its definitely passed because the risk level is so low.

T1T4N

270 posts

Posted by T1T4N > 2016-04-26 10:53 | Report Abuse

Angry shareholders want to be witness and observer in polling count room

ktsk88

5,284 posts

Posted by ktsk88 > 2016-04-26 10:53 | Report Abuse

warrant conversion is lower to 30sen instead of 35sen.

those bought 0.03sen+30sen = 33 sen and get back 8 sen

ktsk88

5,284 posts

Posted by ktsk88 > 2016-04-26 10:55 | Report Abuse

after lunch break, if everything okay...............mother will fly, so do warrant in tandem with the mother.......factor the 8 sen repayment and all the future profits from the oil with immediate effects.

pop2016new

653 posts

Posted by pop2016new > 2016-04-26 10:56 | Report Abuse

thank you titan, i am working in menara prima, ask the shareholder don't burn down the whole building...

Anson1314

497 posts

Posted by Anson1314 > 2016-04-26 10:57 | Report Abuse

some big shark goreng sona wa , kfull.

T1T4N

270 posts

Posted by T1T4N > 2016-04-26 10:58 | Report Abuse

Most ppl I met here voted against.
If u want to gamble I suggest u sell half of ur warrants.
So if qa pass u recoup with ur jackpot.
If fail u have reduce some lost.

Sincerely speaking. Up to u

ktsk88

5,284 posts

Posted by ktsk88 > 2016-04-26 10:58 | Report Abuse

those that voted NO and signed the repayment forms still gets back their 48 sen.......so whether YES or NO made no difference to them.

ktsk88

5,284 posts

Posted by ktsk88 > 2016-04-26 10:59 | Report Abuse

high risk high reward.........trade at your own risks.............but i prepared to loose all if the results is opposite to what i am expected.

mamajeru

125 posts

Posted by mamajeru > 2016-04-26 10:59 | Report Abuse

winner winner chicken dinner !!!!

speakup

27,072 posts

Posted by speakup > 2016-04-26 11:00 | Report Abuse

TLTAN u sure? cos price movement now indicates QA pass.

nypd8845

37 posts

Posted by nypd8845 > 2016-04-26 11:00 | Report Abuse

tq t1 for update

LKWWGP

413 posts

Posted by LKWWGP > 2016-04-26 11:01 | Report Abuse

guys what is chicken dinner......

pop2016new

653 posts

Posted by pop2016new > 2016-04-26 11:01 | Report Abuse

so after all the result is still depend on all the mail proxy..

pop2016new

653 posts

Posted by pop2016new > 2016-04-26 11:02 | Report Abuse

lkwwgp a slogan for winning in table gambling..

LKWWGP

413 posts

Posted by LKWWGP > 2016-04-26 11:02 | Report Abuse

high grade GRO .......

LKWWGP

413 posts

Posted by LKWWGP > 2016-04-26 11:03 | Report Abuse

ha...ha....h....

Posted by Kareemabduljabbar > 2016-04-26 11:04 | Report Abuse

Over the weekend, co sec already know more than 25 pct vote no. Better sell your warrants first. Results may be embarrassing to the company and Board

speakup

27,072 posts

Posted by speakup > 2016-04-26 11:05 | Report Abuse

kareem, i think u wrong. warrants moving up = insiders know QA pass.

Old90

686 posts

Posted by Old90 > 2016-04-26 11:06 | Report Abuse

Agree with speakup..

bryan90

288 posts

Posted by bryan90 > 2016-04-26 11:07 | Report Abuse

I have sold out half wa on 0.04

bryan90

288 posts

Posted by bryan90 > 2016-04-26 11:07 | Report Abuse

Less half for 50/50

pop2016new

653 posts

Posted by pop2016new > 2016-04-26 11:08 | Report Abuse

mr.kareem, if company knew they have 25% vote no, they will have more effort into voting yes, or find all the excuse in the world to delay the qa. why wait for the embarrasing to come and do nothing?

Posted by George Richard > 2016-04-26 11:09 | Report Abuse

if i own about 20 per cent of the vote , i will be attending in person and not by proxy. agree?

ktsk88

5,284 posts

Posted by ktsk88 > 2016-04-26 11:10 | Report Abuse

embarasing or not is not in business vocabulary........in biz it is either YES or NO......but it is just very unfortunate that shareholders defeated the purpose of the SPAC to listed permanently at the first place just becos of $$$$.

Posted by George Richard > 2016-04-26 11:10 | Report Abuse

mail proxy to the chairman ,i mean

pop2016new

653 posts

Posted by pop2016new > 2016-04-26 11:11 | Report Abuse

if you own 20% of the vote and you're out in town for your 80% of income. will you still go for person?

ktsk88

5,284 posts

Posted by ktsk88 > 2016-04-26 11:12 | Report Abuse

i am one of the mail proxies appointed the Chairman to vote on my behalf.........and my vote is YES.....becos i am from outside KL and can;t attend the EGM

T1T4N

270 posts

Posted by T1T4N > 2016-04-26 11:12 | Report Abuse

Lunch break.
Polling started inside a room locked.

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