Posted by speakup > 2016-03-30 13:57 | Report Abuse

those who panic sell at 3.5sen 4sen 4.5sen all cry.

Posted by mamajeru > 2016-03-30 14:01 | Report Abuse

AHAHAAHAHAHAAHAHA .. can see some short sell , and market rally later soon .

Posted by cooling > 2016-03-30 14:07 | Report Abuse

hehe.....those who don't but will regret later.... 11cents coming...

Posted by meegoreng > 2016-03-30 14:13 | Report Abuse

That's my own judgement after hearing the opposite views of both sides at the egm. Buying the stag is a good business case. Getting 75% consent votes could be a challange. With the postponement of the EGM and capital repayment scheme, the uncertaintly of veto is greatly reduced. I wouldnt know wat will the syndicate(s) does when the market opens 15 mins frm now.

Posted by traderman > 2016-03-30 14:14 | Report Abuse

cooling , is ok. u buy only.

and prepare sell at 1 cent

Posted by cooling > 2016-03-30 14:21 | Report Abuse

don't believe??...just watch

Posted by speakup > 2016-03-30 14:33 | Report Abuse

mad rush for Sona......REBUUUUUUTTTTTTTTTTT!!!!!!!!!!!!

Posted by speakup > 2016-03-30 14:34 | Report Abuse

INI KALILAH!!!!

Posted by speakup > 2016-03-30 14:35 | Report Abuse

NOW OR NEVER!!!!
REBUUUTTTTTTTTTTTTT!!!!!!!!!!!!!

Posted by Mat Cendana > 2016-03-30 14:37 | Report Abuse

Wow! This is exciting. Definitely the most happening event at Bursa today. I'm too chicken to risk in this all-or-nothing speculation. But have to admire those who are very brave. Can't begrudge the profits that they make, if it comes to that.

Posted by speakup > 2016-03-30 14:38 | Report Abuse

close eye.....buy!
open eye....BUTA MONEY IN YOUR HANDS!!!!!

Posted by Mohd Fahmi Bin Jaes > 2016-03-30 14:39 | Report Abuse

time to sale back

Posted by speakup > 2016-03-30 14:45 | Report Abuse

push down to wash out the weak holders. after strong hands sure push up.

Posted by speakup > 2016-03-30 14:49 | Report Abuse

panic buying. INI KALILAH!!!!!

Posted by mamajeru > 2016-03-30 14:50 | Report Abuse

@mat cendana , u have no idea the stress i endured , and with dumb ass trolls giving wrong info constantly .

Luckily i managed to top up further when the price fell at .035 .

I know Mr Foreign Investor made tonnes of money today .

Anyway majority shareholders are in favor of QA acquisition now . This is my view .

My analysis , the warrant should worth .11 at least , any buy now is still considered a bargain .

Posted by cashflow > 2016-03-30 14:56 | Report Abuse

Flushing out retailers again.

Posted by cashflow > 2016-03-30 14:57 | Report Abuse

Keep your position, its a good bargain for coming month.

Posted by Foreign_investor2016 > 2016-03-30 15:12 | Report Abuse

I earned enough. I sold all just now. Happy trading! Go to buy a car...

Posted by speakup > 2016-03-30 15:30 | Report Abuse

http://klse.i3investor.com/blogs/purelysharing/93990.jsp

Posted by AiryA > 2016-03-30 15:41 | Report Abuse

that jayloh tried once but failed.. now want to try again.. LOL

Posted by AiryA > 2016-03-30 15:43 | Report Abuse

if finally voted YES.. jayloh will fail miserably..

Posted by Mat Cendana > 2016-03-30 15:57 | Report Abuse

@mamajeru I don't dare with this kind of speculation. Won't be able to focus on my day-job work :-) Had made a few ringgit from trading this week so I'm trying to end it on a positive note. I'll just watch at the sidelines.

Posted by mamajeru > 2016-03-30 16:02 | Report Abuse

@mat cendana , today i didnt get much work done , but made 2 months salary in one day . So i think it's worth it though .

Posted by Foreign_investor2016 > 2016-03-30 16:05 | Report Abuse

AGN result Postponed

Posted by Foreign_investor2016 > 2016-03-30 16:05 | Report Abuse

Buy before next AGN

Posted by Mat Cendana > 2016-03-30 19:57 | Report Abuse

mamajeru Now I'm envious! Congratulations. Must have that kind of courage to make big and quick money. It must have been stressful although it's well worth it when it went your way. I don't think I can go through high stakes punts like this one. At the most, I'd buy the index structured warrants. Risks there too but not as tense as this kind.

Posted by Bull13 > 2016-03-30 20:45 | Report Abuse

This is the fact. The warrants will be CONVERTIBLE upon approval of QA. In the circular, the share buy back of those dissenting voters will reduce the quantum of capital repayment using the RM 80M. Regardless, the warrants will be convertible assuming the QA is approved. So if the mother is 48s after approval, the warrants theoretical price should be 13s. Otherwise the warrants conversion will pull down the capital repayment payout also. BTW, the capital repayment is estimated to happen in Q4 according to the announcement.
So, the REAL value play in SONA is the warrants.

Posted by HYG > 2016-03-30 22:53 | Report Abuse

So the warrant still can buy at 0.05 level?

Posted by speakup > 2016-03-31 10:30 | Report Abuse

HYG now 0.045 u want?

Posted by HYG > 2016-03-31 12:08 | Report Abuse

0.045 can buy more....

Posted by mamajeru > 2016-03-31 12:36 | Report Abuse

wait wait ... can go lower , then start collecting .

Posted by speakup > 2016-03-31 16:48 | Report Abuse

yes u can collect all u want at 0.005 if QA rejected

Posted by mamajeru > 2016-03-31 19:52 | Report Abuse

@speakup i dont get you ?

Posted by Kenokaya > 2016-04-01 10:52 | Report Abuse

My money is already dead in this counter....no point crying over spilled milk, I dun wanna get sick!

Posted by derrickinvestor1 > 2016-04-01 11:34 | Report Abuse

maturity date still a long way... why everyone scared?

Posted by paper123 > 2016-04-01 11:36 | Report Abuse

scare, if no qa, july 2016 will be its life spam

Posted by derrickinvestor1 > 2016-04-01 11:48 | Report Abuse

u mean QA suppose to be Jul 2016?

Posted by mamajeru > 2016-04-01 12:06 | Report Abuse

@derrickinvestor1 quick summary , the warrant can only be converted to mother share when the qa takes place .

the deal in IPO is that they need to obtain a QA within 3 yrs time and the 3 years is this coming july 30 th , and this is the last attempt to buy over the asset . If this didnt go through , they wont be able to find another asset and get the deal through on time , which means - 90 % of the mothershare + interest over 3 years will be returned to shareholders . ( estimated 0.48 or slightly lesser )

Warrant holders lose all their money .

At the moment from the report , the management is intending to purchase an oil field at 40 % of ( 550 mil ) which already at production . The production cost is @30 Dollar per barrel , and Sona can see an immediate increase in revenue based on current oil price .

Sadly the current petrol price is very volatile , so the performance of this oil field still uncertain .

So many with low / medium risk appetite are selling off their warrants , and ppl like me with high risk appetite , buying them at dirty low price .

IF qa goes through , warrant price will match closely to mothershare - for me Qa is definitely a go - especially after watching what they pulled last wednesday .

Posted by huat888 > 2016-04-01 12:36 | Report Abuse

Hibiscus is for Greenfield. Sona is Brownfield, present producing.

Posted by mamajeru > 2016-04-01 14:10 | Report Abuse

seems like many changing hand ... arghhhhhh , i guess que @0.035 not gonna realize anytime soon

Posted by YC_Ma > 2016-04-01 15:08 | Report Abuse

run run run will be 0.01

Posted by cashflow > 2016-04-01 15:10 | Report Abuse

Today BB go to bar already after plugging position at .04 yesterday.

Posted by cashflow > 2016-04-01 15:11 | Report Abuse

Money flow indicator positive now. Gradual buying shows positive upside.

Posted by Na Zhou > 2016-04-01 23:28 | Report Abuse

jaylor written rubbish post rubbish-----

Posted by Na Zhou > 2016-04-01 23:29 | Report Abuse

well done sona.... cheers

Posted by Mk17 > 2016-04-04 12:45 | Report Abuse

run?

Posted by mamajeru > 2016-04-04 14:32 | Report Abuse

high volume ...

Posted by chiongster1234 > 2016-04-04 14:41 | Report Abuse

@<<@

Posted by mamajeru > 2016-04-05 09:23 | Report Abuse

can somebody tell me what happens to the money invested in the warrant ? Say if QA is a no go - 90 % of mothershare is returned to the investors together with the 3 years interest rate .

But what happens to the warrant ? Who will end up getting them ? Arent they supposed to return to the warrant holders too ?

Posted by derrickinvestor1 > 2016-04-05 11:56 | Report Abuse

mamajeru your money become the hell money lo.... can use for ceng beng...