Most of the reputable Investment banks are using their applications. Under value stock Recent article shows if break 0.555 the uptrend is beyond imagination/ unchatered teritory

Eforce is really a gem amongst penny stocks. Cash rich and no borrowings. Recently bought one floor space for 14m for cash consideration. Great potential to hot RM1 Agreed with jakkhoo

Correction "even though they don't JV"

With this pull back, good opportunity to accumulate. There are so many O&G companies around even though they JV with RHpetrogas. Don't forget this spac still guaranteed us 45sen plus interest if nothing happen in 3 years. Sona has a very strong team in O&G The QA won't be long. I will accumulate tomorrow if the price still there in view of positive news from US

OSK/DMG Spore research shows RH Petrogas targer price SGD1.47 It would be fantastic if SONA Jv with RH Plenty of potential

Those with holding power will be well rewarded

Big News for SONA. In view of the current uncertainties in US and tapering of bonds buying looks like SPAcs are the better bet for investment now. Looks like SONA price going to be another Hibicus. Cheers

The market is always right. Look at today's market , Sona still in green

Blue chips still uncertain and under selling pressure. Why put money in the blue chips. Our blue chips still very pricey. SONA and CLIQ id definitely the better bet

it's a win win situation. In the event they capture one QA producing brownfield in Africa, the share price will trend upwards Very safe investment

SONA is safe haven for those who wish to put money in this volatile stock market A good returns of 13% if you enter at 0.40 If nothing happen in these 3 years you get back 0.45 plus interest. Safe bet. Definitely no contra play

You can only raise more money when you are no longer SPAC With the existing money also cannot kow tim who will give you more money?????

not possible cos you need to capture one QA then you are no longer called SPAC Thereafter this stock will become company like Hibicus

Have to admit SONA has the better management team

It's all about opportunity cost gone even though they have the protection of 0.675.

Very disappointed Too slow in capturing the QA Now the MYR3.31 Based on the current exchange, the company only left with USD100m to go around What company can they buy now to generate enough revenue??? Look at Hibiscus, one small block in Oman also cost USD50m Better switch to SONA cos they still have USD180m and the QA in Africa is firming up soon.

What is it all about??

Hi Elvin88 We banana could not read chinese? This article from which paper? TQ

Agree with loryau His blog on SPAC is very detail, Good buy below 0,70 Need to hold

Common sense will tell CLIQ is the better bet now after the AGM. Investors can expect good returns soon. QA more focused and good news is just round the corner. Cheers

Cliq is a better bet than Sona cos the free float is smaller compare to the latter. QA is just round the corner. For those who missed the Sona placement shares go for Cliq. Small in size with promoters armed with extensive experience in O & G (petronas/ australia OG )and just fit nicely looking for low risk QA. Pls read the latest annual report. You can expect wild swing in prices for Sona when listed in view of the huge shares issued and free float in the market. Sona going for cheaper at 0.50 but have to pay a price for the neck breaking pace of swing. Happy weekend n happy trading in the week ahead.

Mikayla26 had done a good job. Telling the forum there was one RHB research on Hibicus which is the peer of CLIQ. Very good article. At least investors will have more insight into what SPAC all about. Good Sharing This is what investing all about. Cheers

Forum is meant to share information relating to the stock and not to instill fear to many new investors. My advice to investors not to really on too much of some people posting. If that person really can predict the price level of certain stocks, then there will be many Warren Buffet. Investmnet is all about doing homework and do not too dependable on rumours. If the stock has fundamental, no matter how bad you talk down about the stock it still go back to the fair value. Once again my advice is to read the prospectus, go to Bursa Malaysia site, follow the research papers by Investment Banks, read the annual reports, do not play contra, invest invest invest Good money chasing good money. If you are long enough in investing you will realise end of day contra players will not make good money compare to those serious investors. Share info and not instill fear. Just too bad some investors really buy those negative stories. Stock is all about fundamental.

This company is definitely moving in a right direction. Complying and conducting AGM according to the listing requirement. Resolutions need to be passed to confirm the good management team and the QA will not be long. As an investor, I rather the team do proper research and due diligence before acquiring any QA. 90% of investor money still in trust. Why you worry??/ But too bad for those who want quick gains due to the volatility of regional markets. With oil prices recovering, am sure this stock can go once the QA is confirmed. Definitely this company already have some potential QA in mind targetting oil basin in Asia. You think the team is so stupid just go for listing without proper direction!!!

AGM is part and parcel of a listed company. This stock barely less than 3 months in listing and you want quick profit??? Definitely not for weak and contra players. The mother share still worth a min of 0.675 whether they manage to acquire any QA Good for those who wants to accumulate this stock if the price is dipping. The management need to do proper due diligence before announcing the QA.

Based on my previous posting, true enough that SC is very strict in SPAC IPOs. In today's STAR Biz , 2 mining SPAC hit a snag. That shows CLIQ and SONA are of quality stocks and could create value for investors. Go invest No contra Cheers

I strongly advise those buying CLIQ or SONA not to play contra Go for medium term investment. You should reap handsome profits once the companies acquired good oil and gas assets. Both companies have very good management team in oil and gas industry. Otherwise SC would not approve this IPO. SC is very strict in this type of IPOs Dont play contra. Go for investment. Buy and keep it and continue with your work. Dont look at it until the announcement is made. Otherwise the swing in prices will make you very emotional. This is what investment is all about. Greed and Fear. Common sense will tell this is the 2nd SPAC on board. You think SC and Bursa will let it failed. They are monitoring these companies ongoing performance. SC has done a good job. This is a fantastic investment product.

Good buy at anything below 0.675 (90% of 0.75) before interest. Assuming you buy 100,000 shares at 0.64 = RM64,000 if nothing happened in 3 years or you reject the proposal during EGM you get back 67,500 before interest. Effective gain RM67,500 - RM64,000 = 3,500 (min 5.4 % return) which is much better than FD rate. Cant go wrong if you buy below 0.675 Imagine when the company acquire one producing oil & gas company the revenue is instant and of course the price will trend upward immediately The size of CLIQ is much bigger than Hibiscus. The price appreciation will be fantastic. Sona is another good one. Happy trading