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

Law81

55 posts

Posted by Law81 > 2016-04-26 15:36 | Report Abuse

Why drop until 0.05 masih Ada orang beli?

Old90

686 posts

Posted by Old90 > 2016-04-26 15:39 | Report Abuse

goreng?

sudahkena

1,804 posts

Posted by sudahkena > 2016-04-26 15:41 | Report Abuse

brutus..tht relevant options

T1T4N

270 posts

Posted by T1T4N > 2016-04-26 15:41 | Report Abuse

Lol u guys should be thankful those ppl want to buy from u.

Whatever director propose will need shareholders approval..the 77% to votd from no to yes.

nizliza

4 posts

Posted by nizliza > 2016-04-26 15:48 | Report Abuse

u guys sure there is no 'peti undi askar" coming? otherwise why warrant still have buyers?

gamer

23 posts

Posted by gamer > 2016-04-26 15:49 | Report Abuse

http://www.theedgemarkets.com/my/article/sona-shareholders-say-no-qa

"He did not elaborate, but only indicated that the QA was a complicated issue amid a lack of support from shareholders.

As such, Mohamed Khadar said Sona might opt not to seek shareholders' consent on other potential asset buys."

bryan90

288 posts

Posted by bryan90 > 2016-04-26 15:56 | Report Abuse

Should I want sell out 0.05@@

Posted by roflmaocat > 2016-04-26 15:57 | Report Abuse

so many buyers at 0.005

Posted by Kareemabduljabbar > 2016-04-26 15:57 | Report Abuse

Directors talk cock lah. As a board members they fail his ficudiary duty of ensuring shareholders vote in favour. How to hold EGM when share price is below cash ? U failed over 2 months to convince 77 pct of your shareholders that what you have done is positive value generating. U failed to bring in new shareholders to buy the shares thus allowing yield investors to exit. Many shareholders on your registrar for 2 years plus. Did you meet them and ask them what their plans ? Boss, even last week, brokers all know about 60 pct voting no. This deal was a non starter from day one. Capital repayment is paying back my own money, the latest con job of paying back money from exercised warrants is worse because of the dilution. Next 3 months just goyang kaki and draw salaries and director fees. Be a man and liquidate immediately lah. Stop delaying. Dead is dead. Btw, please fire and sue your stupid advisers CIMB.

Ant

1,504 posts

Posted by Ant > 2016-04-26 15:59 | Report Abuse

lose half of my capital after three years....................

Old90

686 posts

Posted by Old90 > 2016-04-26 16:00 | Report Abuse

Ant, many other people are also in the same boat with you.

jasonor

1,004 posts

Posted by jasonor > 2016-04-26 16:01 | Report Abuse

0.005 to 0.010 = 100% increase, to 0.015= 150% increase, to 0.020=200% increase... so on.. so potential short goreng of few bids cannot be ruled out.

coolinvestor

1,238 posts

Posted by coolinvestor > 2016-04-26 16:02 | Report Abuse

as seen from cliq...once QA gone they have to liquidate. cant go against SC laws.

even if they can get something, the chances of approval is just too minimal 77% voted against!!!

sona is a dead duck dy. No thx to the tidak apa attitude n dun care about minority shareholder culture.

stockmanmy

6,977 posts

Posted by stockmanmy > 2016-04-26 16:03 | Report Abuse

correct

Directors talk cock lah. As a board members they fail his ficudiary duty of ensuring shareholders vote in favour. How to hold EGM when share price is below cash ? U failed over 2 months to convince 77 pct of your shareholders that what you have done is positive value generating. U failed to bring in new shareholders to buy the shares thus allowing yield investors to exit. Many shareholders on your registrar for 2 years plus. Did you meet them and ask them what their plans ? Boss, even last week, brokers all know about 60 pct voting no. This deal was a non starter from day one. Capital repayment is paying back my own money, the latest con job of paying back money from exercised warrants is worse because of the dilution. Next 3 months just goyang kaki and draw salaries and director fees. Be a man and liquidate immediately lah. Stop delaying. Dead is dead. Btw, please fire and sue your stupid advisers CIMB.

stockmanmy

6,977 posts

Posted by stockmanmy > 2016-04-26 16:08 | Report Abuse

The Next Option Maybe Santos will give Stag to Sona FOC...Free.
So save $25 million to carry liability off Santos's back!
=====================================
free also not worth it...huge liabilities.

jasonor

1,004 posts

Posted by jasonor > 2016-04-26 16:11 | Report Abuse

No QA, so now how?

pop2016new

653 posts

Posted by pop2016new > 2016-04-26 16:11 | Report Abuse

what is this gorenger trying to do...

Eric Ong

10 posts

Posted by Eric Ong > 2016-04-26 16:12 | Report Abuse

I managed to purge my WA... question is.. who's buying? Why are there still people buying?

Old90

686 posts

Posted by Old90 > 2016-04-26 16:12 | Report Abuse

Just purely on goreng style..just like what you said : 0.005 to 0.010 = 100% increase, to 0.015= 150% increase, to 0.020=200% increase...

pop2016new

653 posts

Posted by pop2016new > 2016-04-26 16:14 | Report Abuse

such high selling pressure, he can manage to eat it all?@@

Posted by Kareemabduljabbar > 2016-04-26 16:15 | Report Abuse

The same way 1MDB board offer resignation, SONA board should offer immediate resignation. I am happy to become a board member and commence liquidation immediately. June is puasa and July is Hari Raya. Effectively with the holidays etc etc, absolutely nothing will get done. Board should immediately offer to court their directors fees by 90 pct, and all promoters take zero salary. You have failed and there is a price for failure.

sudahkena

1,804 posts

Posted by sudahkena > 2016-04-26 16:18 | Report Abuse

my strategy is win big or loss all..I will not sell to them

sudahkena

1,804 posts

Posted by sudahkena > 2016-04-26 16:19 | Report Abuse

100 mill at 0.005..very cheap... they can afford if loss all

Shaun Goh

10 posts

Posted by Shaun Goh > 2016-04-26 16:19 | Report Abuse

100m+ unit of warrant, is that all the warrant in the market? or some still keeping huge amount of toilet paper?

hpcp

450 posts

Posted by hpcp > 2016-04-26 16:20 | Report Abuse

Why people still buying warrants? Even if there is another acquisition, can go through meh? Silly

Shaun Goh

10 posts

Posted by Shaun Goh > 2016-04-26 16:20 | Report Abuse

they can always goreng

pop2016new

653 posts

Posted by pop2016new > 2016-04-26 16:23 | Report Abuse

Please be informed that the following stocks will be forbidden from DBT from
3.30 p.m. to 4.30 p.m. , as per Bursa Trading Rule 10.10(1). No. Stock Code
Stock Name Reason 1 5241 SONA [Requotation] 2 5241WA SONA-WA [Requotation]
The stocks will only be authorized for DBT at 4.30 p.m. Dealers and remisiers
are reminded that the reference price for DBT upon authorization shall be: 1.
VWAP from 3.30 p.m. to 4.30 p.m. (traded stocks) 2. Reference price (un-traded
stocks) There is no impact to the normal market trading. Please be guided
accordingly.


what is this?

bigbigboss

441 posts

Posted by bigbigboss > 2016-04-26 16:28 | Report Abuse

how about the result ? Qa fail?

sudahkena

1,804 posts

Posted by sudahkena > 2016-04-26 16:30 | Report Abuse

how ths mgt game...really want fail..buy wa then comeout with relevant option..get support. .qa pass...how?

JN88

11,670 posts

Posted by JN88 > 2016-04-26 16:39 | Report Abuse

hahahaahahahahaaha so what is the outcome ,,,,even im not from this counter but very curious about it....u all dont think the director jia sai la....the gt their intelligent one. hahahaahah

Santiago

465 posts

Posted by Santiago > 2016-04-26 16:41 | Report Abuse

Bought at 0.005 and managed to sell at 0.01. 100% profit leh.. haha

JN88

11,670 posts

Posted by JN88 > 2016-04-26 16:44 | Report Abuse

100%?? are u curious why people buy so many at 0.1? you think they hv so many toilet paper ar?

sudahkena

1,804 posts

Posted by sudahkena > 2016-04-26 16:46 | Report Abuse

yup..the kaki goreng have a team... each of them have more 1 mill

pop2016new

653 posts

Posted by pop2016new > 2016-04-26 16:46 | Report Abuse

jn88, so what it?

hankc

182 posts

Posted by hankc > 2016-04-26 16:46 | Report Abuse

It ain't over till it's over.

Old90

686 posts

Posted by Old90 > 2016-04-26 16:47 | Report Abuse

Just purely on goreng style, ez money to earn for them now.

sudahkena

1,804 posts

Posted by sudahkena > 2016-04-26 16:48 | Report Abuse

yup..only 31 july ..then game over

JN88

11,670 posts

Posted by JN88 > 2016-04-26 16:50 | Report Abuse

what happen if within one month the QA pass again?

Posted by WarenBufet > 2016-04-26 16:50 | Report Abuse

Buyers of Sona-WA may be up to something. The queue for 0.005 is almost the same as the total queue 0.01 to 0.02. And the volume transacted at 0.005 is huge. Moreover they are also buying at 0.01. The buyer must have a deep pocket and they are buying Sona-WA at rock bottom price.
Is there something brewing as to what the directors say about exploring options available to them within the next 3 months?

JN88

11,670 posts

Posted by JN88 > 2016-04-26 16:51 | Report Abuse

you can earn 100% from here, they can reduce their cost by 500%.

curious2

1,812 posts

Posted by curious2 > 2016-04-26 16:53 | Report Abuse

Gtronic people complain PE. Sona what PE?

harta999

260 posts

Posted by harta999 > 2016-04-26 16:53 | Report Abuse

what happen to WA???

JN88

11,670 posts

Posted by JN88 > 2016-04-26 16:56 | Report Abuse

who sell at 0.05 tata

Old90

686 posts

Posted by Old90 > 2016-04-26 16:57 | Report Abuse

If within one month the QA pass again, those who bought tis Sona Wa at such a cheap price, going to laugh all the way to bank..

JN88

11,670 posts

Posted by JN88 > 2016-04-26 16:58 | Report Abuse

all 0.1 eaten up last minute so cheap..

Jstockman

364 posts

Posted by Jstockman > 2016-04-26 16:59 | Report Abuse

did i see it wrongly? 30mil transaction to buy at 0.010 in the last 10 minutes.

meegoreng

70 posts

Posted by meegoreng > 2016-04-26 16:59 | Report Abuse

Doesnt make sense, right? It was not like cliq-wa wen rejected by sc

JN88

11,670 posts

Posted by JN88 > 2016-04-26 17:00 | Report Abuse

This game getting excited. hahahahhahaha

JN88

11,670 posts

Posted by JN88 > 2016-04-26 17:01 | Report Abuse

who sell at 0.005 ady extra lose 100%

Old90

686 posts

Posted by Old90 > 2016-04-26 17:01 | Report Abuse

No idea what will happen next, seem interesting now.

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