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

Posted by CLIQmanagement > 2016-04-26 13:42 | Report Abuse

@Eric Ong, pity no one answer you. QA Fail, your warrant worth nothing now.

Posted by George Richard > 2016-04-26 13:42 | Report Abuse

i noticed some really vulgar comments were passed on the directors of cliq both b4 and after their application for the judicial review of QA, Salute to Sona for not having a similiarity here

mamajeru

125 posts

Posted by mamajeru > 2016-04-26 13:43 | Report Abuse

T T heart broken . sell also anyone want to buy ?

Eric Ong

10 posts

Posted by Eric Ong > 2016-04-26 13:44 | Report Abuse

Thanks guy. Yup.. burnt my hand this time. Lesson learned :(

stockmanmy

6,977 posts

Posted by stockmanmy > 2016-04-26 13:44 | Report Abuse

good result.


shows you that the malaysian market is efficient and knowledgeable.



directors cannot easily mislead the public.

pop2016new

653 posts

Posted by pop2016new > 2016-04-26 13:45 | Report Abuse

i just curious what will all the big shark will do...let their few millions burn to toilet paper?

vk99

2 posts

Posted by vk99 > 2016-04-26 13:45 | Report Abuse

so should sell it off right now ?

Eric Ong

10 posts

Posted by Eric Ong > 2016-04-26 13:46 | Report Abuse

I'm selling...purging it off right now..

jayloh

1,126 posts

Posted by jayloh > 2016-04-26 13:47 | Report Abuse

now let's see how fast can the cash be returned

vk99

2 posts

Posted by vk99 > 2016-04-26 13:47 | Report Abuse

if dont sell .. aisshhhhhhhhhh

jayloh

1,126 posts

Posted by jayloh > 2016-04-26 13:50 | Report Abuse

for those who got burnt this round, let's just hope it's money u can afford to lose. for those who still don't get why it's such a landslide defeat, u can refer to the article below http://klse.i3investor.com/blogs/purelysharing/93864.jsp http://klse.i3investor.com/blogs/purelysharing/93990.jsp

bryan90

288 posts

Posted by bryan90 > 2016-04-26 13:51 | Report Abuse

So results come out already

ktsk88

5,284 posts

Posted by ktsk88 > 2016-04-26 13:52 | Report Abuse

queue to sell on opening.

ktsk88

5,284 posts

Posted by ktsk88 > 2016-04-26 13:53 | Report Abuse

the next SPAC Hibiscus, Reach and RedSena will be next........yield investors looking for yield return not interested in listing the company.

Either you cut now or risks losing everything.

gamer

23 posts

Posted by gamer > 2016-04-26 13:54 | Report Abuse

i think SC should not allow SPAC anymore, since there is no benefit to the small fish investor like us except the initial investor. it doesnt benefit the country economy.

ktsk88

5,284 posts

Posted by ktsk88 > 2016-04-26 13:56 | Report Abuse

redsena n reach price going to tumble soon

ktsk88

5,284 posts

Posted by ktsk88 > 2016-04-26 13:58 | Report Abuse

why no announcement yet by sona?

iwcking

160 posts

Posted by iwcking > 2016-04-26 14:00 | Report Abuse

what is the final result???

Posted by Kareemabduljabbar > 2016-04-26 14:01 | Report Abuse

Call egm for immediate liquidation no need to wait 3 month till end July. Liquidation now and 99 pct in 30 days. Look at the other spac in liquidation.

Posted by CLIQmanagement > 2016-04-26 14:02 | Report Abuse

Last thing to demand is fast liquidation process. Thank god.

speakup

27,071 posts

Posted by speakup > 2016-04-26 14:02 | Report Abuse

Results officially out:

77.39% voted NO
only 22.61 voted YES

Sona KALAH TERUK!

hope BN kalah same teruk next GE14.

sudahkena

1,804 posts

Posted by sudahkena > 2016-04-26 14:03 | Report Abuse

I'm last one leave the hotel...n sempat jumpa hanian n team when they otw to cafe... ask him what next...he just smile..but the cfo..lady..said I will come out with option. .dont know she just want me going back

sudahkena

1,804 posts

Posted by sudahkena > 2016-04-26 14:04 | Report Abuse

but cs can directly but ths oilfield fr santos...I think

sudahkena

1,804 posts

Posted by sudahkena > 2016-04-26 14:07 | Report Abuse

the bigboy buy wa since last friday... now becamo toilet paper

pop2016new

653 posts

Posted by pop2016new > 2016-04-26 14:07 | Report Abuse

que to sell at 0.005.how much i can get.? lol

ktsk88

5,284 posts

Posted by ktsk88 > 2016-04-26 14:10 | Report Abuse

if 0.005 better keep.........you think Mgmt will come out with something?

speakup

27,071 posts

Posted by speakup > 2016-04-26 14:11 | Report Abuse

GOSH! mad rush to sell warrant now.
but as u can see Sona mother going up.

hian949372

158 posts

Posted by hian949372 > 2016-04-26 14:11 | Report Abuse

dear fellows. i got buy sona around the price of rm 0.47.. 103k unit.. should i disposed it? if wait the company to liquidate. how much i can get back. pls guide me. fellows.....

limko1

283 posts

Posted by limko1 > 2016-04-26 14:11 | Report Abuse

Serve the management right!

ktsk88

5,284 posts

Posted by ktsk88 > 2016-04-26 14:12 | Report Abuse

i queue 0.025 sen if cannot sell............hope the Mgmt offer something for those warrants holders.............now the Mgmt can go alone in acquring the QA directly.

BILLC

2,048 posts

Posted by BILLC > 2016-04-26 14:12 | Report Abuse

Counter suspended already.

sudahkena

1,804 posts

Posted by sudahkena > 2016-04-26 14:13 | Report Abuse

since deal fail..mgt or cs or someone get chance to buy fr santos

gamer

23 posts

Posted by gamer > 2016-04-26 14:14 | Report Abuse

everyone looks for liquidation, never think they could play trick in the liquidation. they can drag it for long long time since there is no really good regulations on the liquidation

ktsk88

5,284 posts

Posted by ktsk88 > 2016-04-26 14:14 | Report Abuse

suspension didn't said for how long?.

pop2016new

653 posts

Posted by pop2016new > 2016-04-26 14:14 | Report Abuse

if i q sell at 0.005, wil i get a match at 0.025?

sheep

3,851 posts

Posted by sheep > 2016-04-26 14:15 | Report Abuse

Sona fails to secure shareholders' support for QA acquisition, only 22.61% voted in favour of the buy

ktsk88

5,284 posts

Posted by ktsk88 > 2016-04-26 14:16 | Report Abuse

hope the Mgmt can offers something for those that supported them and voted YES......i means those 26% warrants holders.

sudahkena

1,804 posts

Posted by sudahkena > 2016-04-26 14:16 | Report Abuse

77% vote no..hard to come out.. unless new asset...

Posted by Dogwithabone > 2016-04-26 14:17 | Report Abuse

Hadian and his fellow directors are a bunch of clowns!!! They had a 2nd chance to get it right but they sat on their asses, and did nothing but blow smoke up each other's asses. We got good asset, people should vote YES. WTF!! Talking like small kids. SC should vet promoters like this, who have no clue whatsoever about running a plc, and not allow them to be on the board of a plc.

callme777

1,586 posts

Posted by callme777 > 2016-04-26 14:18 | Report Abuse

If I am the management , just get a private investor in and buy it up.! Is only usd25mil. No need to share with the public.

speakup

27,071 posts

Posted by speakup > 2016-04-26 14:18 | Report Abuse

Sona suspended to give chance to those who Q buy warrant at 2.5sen to withdraw their orders.

Posted by Kareemabduljabbar > 2016-04-26 14:20 | Report Abuse

No tricks in liquidation. Read the sona prospectus and speak to liquidators. 77 pct shareholders say no and many foreign funds. CS And PAG big boys and will sue the Board. Over 11 liquidators put proposal for the 3 different methods to liquidate the other SPAC. The method and process is very straightforward. Get 99 pct back in 30 days if company is not insolvent.

meegoreng

70 posts

Posted by meegoreng > 2016-04-26 14:22 | Report Abuse

Talk 3 talk 4 here jus to shiok yrselves. Go to organize a gathering in front of SC building is more effective!!

Posted by familybusiness > 2016-04-26 14:23 | Report Abuse

comfirn QA fail????

Posted by cliqbabi88 > 2016-04-26 14:25 | Report Abuse

Both cliq and sona are from same family ! Useless director !

pop2016new

653 posts

Posted by pop2016new > 2016-04-26 14:25 | Report Abuse

bursa already announce.confirmed.

speakup

27,071 posts

Posted by speakup > 2016-04-26 14:25 | Report Abuse

winners & losers in Sona saga:

winners - mother shareholders, foreign yield investors CS & PAG, liquidators

losers - warrant shareholders, sona management, Santos

speakup

27,071 posts

Posted by speakup > 2016-04-26 14:27 | Report Abuse

as expected, Sona mother will up after suspension. Sona mother will open 0.445 up 1.5sen.

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