Highlights
KLSE : SONA       SONA PETROLEUM BERHAD
Last Price Today's Change   Day's Range   Trading Volume
0.485   +0.05 (11.49%)  0.435 - 0.49  42,157,000

Financials

Annual Result:
F.Y. Revenue ('000) Profit Attb. to SH ('000) EPS (Cent) PE DPS (Cent) DY NAPS ROE (%)
2013-12-31 - -6,340 1.00 44.50 PE for Financial Year: 2013-12-31 Stock Price : 0.445 (2013-12-31)
EPS : 1.00
P/E Ratio: 44.50
- - 0.0400 25.00 View Source Financial Year: 2013-12-31

SONA-AnnualReport2013.pdf SONA-AnnualReport2013.pdf

Sona - AFS 31.12.2013 (Part 1).pdf Sona - AFS 31.12.2013 (Part 1).pdf

Sona - AFS 31.12.2013 (Part 2).pdf Sona - AFS 31.12.2013 (Part 2).pdf

2012-12-31 - -75 - - - - - - View Source Financial Year: 2012-12-31


Quarter Result:
F.Y. Quarter Revenue ('000) Profit before Tax ('000) Profit ('000) Profit Attb. to SH ('000) EPS (Cent) DPS (Cent) NAPS
2014-12-31 2014-06-30 - -7,467 -9,019 -9,019 -1.00 - 0.0400 View Source Quarter: 2014-06-30

Financial Results - Qtr1-14-Final (30.06.2014).pdf Financial Results - Qtr1-14-Final (30.06.2014).pdf

2013-12-31 2013-12-31 - -4,356 -5,577 -5,577 1.00 - 0.0400 View Source Quarter: 2013-12-31

SONA Reports - Second half year period.pdf SONA Reports - Second half year period.pdf

2013-12-31 2013-06-30 - -743 -763 -763 -0.95 - 0.0900 View Source Quarter: 2013-06-30

SONA - Report - 30 June 13 - Final.pdf SONA - Report - 30 June 13 - Final.pdf

- 2012-12-31 - -74 -74 -74 - - - View Source Quarter: 2012-12-31
- 2012-06-30 - -1 -1 -1 -59,050.00 - - View Source Quarter: 2012-06-30

  30 people like this.
 
Taugeh http://www.energyvoice.com/2014/08/salamander-puts-first-oil-bualuang-fso/
25/10/2014 18:46
maggiel yaya, we like getting trapped here..... :)
25/10/2014 19:42
Taugeh @maggiel, cranking up some numbers to support lah...make it positive

From the above link -- "...The blocks on sale include the Bualuang, producing at an average daily rate of between 11,000 and 14,000 barrels of oil...."

Let's assume the lowest production rate of 11.000 barrels of oil per day

Theoretically SONA should get 11,000 bpd x 350 working days x US$86.00 per barrels (as of now) x RM$3.278 ($1 US to RM $3.278) x 40% share (SONA share) = 434 million per year from Salamander deal (as of now), (of course there are loyalty + taxes + operating cost + loans payment + director fees + bursa parking fee :) + misc + etc; haven't been deducted from the numbers),

Let’s assume taking everything into consideration the total cost is
50%, so 434 m - 217.0 m= 217.0 m profit per annum / 1410714300 outstanding shares = 0.1538 cps
60%, so 434 m - 260.4 m= 173.6 m profit per annum / 1410714300 outstanding shares = 0.1230 cps
70%, so 434 m - 303.8 m= 130.2 m profit per annum / 1410714300 outstanding shares = 0.0923 cps
80%, so 434 m - 347.2 m= 86.8 m profit per annum / 1410714300 outstanding shares = 0.0615 cps
90%, so 434 m - 390.6 m= 43.4 m profit per annum / 1410714300 outstanding shares = 0.0307 cps

Several things will have the direct impact on the computation
1. The production rate - if the output is higher or lower, more profit or vice versa
2. The Crude oil price - if the price is higher or lower, more profit or vice versa
3. The Exchange rate - small but significant - will definitely change the numbers
4. Working days - 365 days?? How about 350 days, 15 days downtime for maintenance per year

Just my wild calculation for sharing only….Not the info for buying SONA share
It just seems that the deal is very positive, at least for a number of years
25/10/2014 19:59
Taugeh should get some dividends after the deal
25/10/2014 20:08
Iching88 Taugeh, what is the cost per barrel ?

deduct that, how much cash still left for sona to pay its debt ?
25/10/2014 20:17
yamatotrading Just to add on, I don't think use current oil price,
It can be based on whole year average price, where the result is higher.
25/10/2014 20:19
maggiel operating costs per barrel is lower than USD 20.....
25/10/2014 21:19
callme777 We need SC to approve first
25/10/2014 21:25
maggiel my sources tell me that approval already in hand..... just waiting for SC to inform formally to sona..... hope this is true !!
and it is brent oil, not crude oil......
and my target price is based on my estimate of EPS X 18 to 25 times..... let's see how good is my crystal ball..... :)
25/10/2014 21:48
Taugeh @Ichingh88, per barrel has to enquire with the Salamander for the specific numbers, I just try to figure out a very rough number for illustration purposes only. As for the debt, to be honest, all O & G have debt sky high...one good thing, it pumps all year round...

@ yamatotrading, I understand your concern, the number is just for reference only.

@ Maggael, ya, you are right on the operating cost, it was USD $16.6,
25/10/2014 22:36


 

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