buying volume is back !!

ok Mastersss. Im convinced. Somemore volume is low.

for trading purpose, this morning is not a good day.

Ophir Energy, you want ar ? buy over Sona lah. We offer you at USD500m.

meaning what Sona intent to purchase is a good stuff. Now our fate lies on SC and EGM.

why price will go up ? The one having most interest will be the management. The deal will be so good that they need to gain control of the company as soon as possible, or else being taken over.
This will make the price fly sky high. Management now hold 20% only + some other top 20 shareholder around 40%++. They need to sapu from the market.

for those continue to believe, pls hold on to it.
for those not believing it, just f*** off and leave us alone.
we are the MORONS that is holding on what we believe to happen.

lai liao !

DJ rises again. another 6 working days to go. Dont forget, by 1st Dec 2014 need to complete the purchase.

market start softening again, Doom is back

sona will transform from zero to hero. Just the hero type might not be superman, but to become batman is good enough

then read something which is promising.

looking at the movement it doesn't indicate anything negative.
Keep finger crossed by this week. I believe is either Yes or No.
Any thing required by SC should have been sorted in the past 2 months time.

slowly accumulating Sona mother 0.410-0.425

yeah... bad opening later 9am.

January 2015? by that time what left is only dust..

read an article from Bloomberg, the oil price drop is likely towards US and its Allies's plan to give pressure to Russia, is a kind of sanction to Russia for invading Ukraine.
Who wants a low oil price ? No one, besides the end user.

@nice1 : the son (warrant), what left for you is horrific investment experience of your lifetime if no QA upon expiry.

Is already minimum return 11%p.a. if invest at current price. Looks like a good bet.

@Nancy Tang, the 90% are placed in Money Market/FD instrument. Sure got interest. If you understand what is Zero Coupon Bond.

The meaning is, if market drop. say Sona 0.30. and sona announce QA, go EGM and object. You will get back 0.45.

looking at it... like Hadian said : go back to the drawing board

based on the what shown in Queue Buy and the super low volume. definitely something is coming.
Guess is good. Because if is bad, surely down already.

Look at the Queue buy and Queue Sell. 400k share VS 4million shares.
Either good news is coming, operator trying to scare us, or is bad news coming, operator wanna run

GG already

@PM WA -- please study SPAC features..

slaughtering day ! blood bath !

me holding 250k shares mother, 400k share warrant.. is it big?.. might be ikan bilis for u guys

O&G is dying..

@line, yes, but dunno how long need to wait again. Impact will be immediate share price drop of course.

@prc considered as old news. No reaction to share price meaning something is wrong or there is a negative story behind.

from people related to MIDF.

for me, regardless of the news, die die must wait.

business owner surely is confidence, thats his business..
I hope you are right @ruslimz. Im in the same boat with everyone here.

sorry. unable to comply.

yes negative. im also stuck and in dilemma. Praying for a surprise and choose not to trust the news.

TLTAN might have run already. Rumours I got is negative news.

technically is between now and max up to 27 days of waiting.

It doesn't sounds that convincing.. im still holding tight

last call to sell, before too late... this is the feeling

hailat. continue to drop

@damagpie, very unlikely bank will control on your portfolio.

@taugeh, it is likely be bank loan single exposure to Sona has up to limit.
Example : Maybank bank limiting Share Margin to hold up to 10% of Sona total capital value, in this case likely is RM64million.

my formula of calculation....
5000 barrel x USD98 x MYR3.20 x 365 days x profit margin 15% / 1.4billion shares = EPS 0.0613
Why profit margin 15%? based on management saying IRR 15%. im not sure is this how it works.
Correct me, im noob.

Price is closing about T-4 ago. Volume sharp declined.
at least 10m-15m shares being snapped and kept quietly.

technically i think it is good. Surviving T+3 with the lowest volume.

bro @pvd_investor, sorry to be rude but are you a investor of Sona ? you are not looking forward for a QA when you invest in this counter?

me too... hold tight tight... cost 0.460..

if only charting can work right now...

Many people still dont understand of borrowing... it is same as borrowing money to buy a house.
(example) Normal people buy a house with 90% loan, installment RM1000, and rent the house out for RM1500. You get a positive cash flow of RM500, and some capital repayment.