Director Dato hj Ghazali buying from Market. Looks like the info is true

According to JP Morgan, Sona is paying US$23.30 per barrel for this deal based on the 2P (proven and probable) reserves.

Sona’s acquisition is for 100% oil.

http://www.thestar.com.my/Business/Business-News/2014/06/14/Sonas-value-accretive-deal/?style=biz

"The Group recorded a revenue and PBT of RM81.19 million and RM21.30 million respectively for current period ended 30 June 2014 as compared to RM75.83 million and RM21.96 million for the corresponding period last year. The Group's revenue has improved as compared to last year corresponding period mainly due to increase demand from Government Hospitals via tender business.However, PBT is lesser than last year corresponding period due to incorporation of changes in fair value of investment property amounting to RM3.7mil in corresponding period last year."
From bursa announcement.

Big show today!
Interim dividend 4 sen :-)

Hold Medium Term, 3 months.
TP+80 cents.

FELDA BOUGHT shares 1.1Million units yesterday.
FANTASTIC NEWS!

Trusted source told me BUY BUY BUY if price anything below RM0.30.
Big whales behind collecting everyday, look at daily chart.
After 2.30pm, the buying wave comes again.

See the Whales eating non stop. Short Term 30 cents easily.

Funny people only see the negative part.
MAS is making lost because of the high operating cost.
The Revenue income is still there, average 3 to 4 Billion Ringgit every quarter of sales.

MAS will not go bankrupt, national carrier holding 100+ license to land internationally.
Any rich party may easily want a hand into it.
(Lee Kah Shing from hong kong is venturing into IRISH Airline, last week hot news)

Of course, Khazanah won't let go with their 70% share holding. BUY all when low, previously they plan to privatise MAS when it was 60 cents.

Khazanah already hinted.
They are going to restructure.

MAS is a group holdings of aviation units.
U look at MAS financial results, the revenue is huge, just that operating cost overrun.
There are 5 profitable units MAS which is making GREEN PROFITS.

Take it private, sell the non-performing units to individuals (or relist it).
Retain the profitable units.
I'm sure 2016, MAS will be GREEN.

Now the first step is to TAKE IT PRIVATE with 30cents!
An offer that no shareholders willing to oppose, for the grand entrance of restructuring.

Yong, there is nothing to do with Petronas.

MAS is 70% owned by Khazanah now.
They only need to forked out RM1.5Bil to privatise MAS with a price of 30cents.

CIMB Nazir Razak (Najib's Brother) has been summon to sit at Khazanah Board before RAYA.
One of the major move to privatise MAS with speed.

Khazanah has tried to privatise MAS at 2012 with 60 cents, but fail because of union protest.
Now the union have all agreed to be privatise, Tun Mahathir, even PAC Chairman Nur Jazlan said Privatise is the way to go.

RM0.30 PRIVATISATION.
Buy now!

Look at the crazy one mouth eat from 230 to 240!
Some giant whale is heavily collecting!

Proton privatisation happens after Hari Raya too.
This might be same.
Najib will be back to Malaysia and call the shot as Kazhanah Chairman.
He won't let MAS die after so much tragedies happened.

TP30 cents by this week.

Proton privatised after Hari Raya too, after the big heads meeting secretly during kenduri.
MAS will be same, buy now, don't regret.
A lot UMNO and MCA funds already put in. Thats why you see millions and millions lots dissapear in seconds at 235 and 240.

TP is 30cent this week.

If 245 broken, hell break lose.
Beware!

Force sell will start 2.31pm, beware.

Syndicate signal. Hold firmly, ready to rocket

Walao.. this Quarter sure DEEP RED the results. Such bad times also give bonus rm2000, totalling around RM40 Million to staff..
What kind of management is this?

Yes Desmond, CCMD yielding 5 to 6% every year if with the share price of RM3.50.

Insider collecting!
RM5 in the making.

The only finance counter that haven't big up. Don't miss chance to buy at red.
TP 45 in short term

80 cents TP from CIMB and the STAR wowowowoowow!!

This time is different, details out, bankers will peg a Target price to look forward.
If the target price is good, another round of hike.
If the target price is not so good, then otherwise.

But I am sure that CIMB will give good ratings this time.
Look forward to hit back 62 mark!

At list price today, the 777-200ER would cost $261.5 million and would be the lowest priced model of the 777 family. Boeing's order book currently includes 257 new 777-300ER models; 44 777F freighters; and 66 777X models. The list price for the 777-300ER is $320.2 million.

MAS lost two planes in two tragedies.

NO PROFIT AT ALL with the insurance claim.

With the loss of confidence, it may go higher of 5M losses per day, with lower revenue.

Face the reality, only chance of MAS to rebound is government help.

Heard that General Offer at 60 cents.
Anything below 45 cents is a no brainer COLLECT!!!!!!!!!!!!!

Wow, censof earn millions on selling Dnex (time engineering)!

It is a big chance tomorrow will shoot up touching 25 cents. Lets see how market reacts!
This is a positive and welcoming news, opening to all possible bids for potential buyers.

And btw, if you read detail enough on reports, analysis, news and combined with Tun Mahathir comments.
It is to be PRIVATISED and SELL TO CAPABLE PARTIES.

So the price to be privatised by Khazanah now cannot be too cheap, as it will be SOLD TO POTENTIAL PARTIES in the future. The price will be a reference.
25 cents is direct price to get the DEAL done for now.

By the way, it is Khazanah Malaysia, 30 billions of fund national ARM.
25 cents is the Target from analyst, if taken private.

In conclusoin, 21 cents IS THE LOWEST PRICE to be privatised.

Look at Maybank's analysis closely. If privatisation is set, it will mostly be a 10% Premium from market price on Bursa stock.

21 cent + 10% = around 25 cent to privatise

http://klse.i3investor.com/servlets/staticfile/237304.jsp

NTA is 21 cents. This is why I said, any price of 21 cents is a BUY.
To privatize, a Premium on top of 21 cents must be done.
Thats why the target is 30 cents.

Look at the quarters results.
The Revenue is 3.6 Billion per quarter, you just need good management and cost control to turn it to black!

Banks purposely release bad TP to clock down the price,however retailers will sell and fund managers will buy.
Look at the day Maybank release 12.5cent TP, the stock went up.

Privatisation news will release before RAYA.
Khazanah target 30cents to takeover.

NTA is 0.21.
Anything below Rm0.21 is a no brainer BUY BUY BUY!

Buy the star paper today.
Featuring SONA!

The announcement of facilities provided by BNP Paribas (International Megasize Bank) towards SONA made a big boost to market.

This kills off all rumours on rights issue and all.

Bro pathfinder2, Cliq has the same scenario for top30 shareholder which is less than 30%.
With NO QA in sight, and the price is hanging on high side.

But you bought it in. Salute your bravery.

This is called gearing with bank support.
Almost all listed companies are filled with loans.
Don't be afraid of debt, it helps you to grow faster in a manageable way.
Just like how you buy a house.
You pay interest for it, doesn't mean you are bankrupt after you take a loan from bank.

PN17 won't happen if there is a profit every month. Cash flow management this is.

Comparing cliq and sona.1
Sona is a better buy now, with a solid oil field asset in hand, funded with help of bankers.

Cliq is still an empty shell company in the dark. NOTHING

This is called gearing with bank support.
Almost all listed companies are filled with loans.
Don't be afraid of debt, it helps you to grow faster in a manageable way.
Just like how you buy a house.
You pay interest for it, doesn't mean you are bankrupt after you take a loan from bank.

PN17 won't happen if there is a profit every month. Cash flow management this is.

Comparing cliq and sona.1
Sona is a better buy now, with a solid oil field asset in hand, funded with help of bankers.

Cliq is still an empty shell company in the dark. NOTHING

http://www.thestar.com.my/Business/Business-News/2014/06/07/Sonas-first-purchase-but-market-reacts-negatively/

The star gave high regards to this acquisition, coining Sona to be an upstream O&G player than Sapura Kencana.
“It would be premature to value the asset at this juncture. However, based on the website, we do know the Bualuang field has 2P reserves of 75 MMbo with a productive life cycle of about five years,” says the analyst. “We also know that management would not buy the asset unless it gives them an IRR of some 15%.”

When Sona’s managing director Datuk Seri Hadian Hashim was first interviewed during the listing, he had said that Sona was looking for fields with reserves of between 5 million and 30 million barrels, with production of 2,000-5,000 barrels per day.

He said that Sona “was aiming for a mixed portfolio of assets,” where it would have both production and development assets as well as the higher cost and longer gestation exploration assets.

Based on the information of the Bualuang field in Salamander’s website, it appears that Hadian is keeping to his word.

Bank loans are to be fund the acquisition.
No rights issue will be called.
Which means, bankers has pass through the proposal on the feasibility studies.

Read the document before cocking out all those stupid comments.

The Transaction has an effective date of 1 January 2014 and following its successful completion, the Board has approved a US$50 million capital return to shareholders, equivalent to approximately 11 pence per share. Post closure of the Transaction, and ahead of the next phase of development of the Bualuang Field, the Group expects to retire between $200 million and $250 million of current debt.

Is on 1 January 2014 transaction, not on Sona deal.

Thanks for spreading lies.

http://www.salamander-energy.com/investor-relations/financial-summary

Not bad, capture some on 570!
Thought it will never come down again~
Empty shell company becomes an Upstream O&G company with only 1x gearing.

Good deal. :-D

People taking profit.

O&G used to be high gearing company.
Just be patient.

We refer to the announcements dated 8 May 2014 notifying the interest of Tan Sri Dato’ Sri Liew Kee Sin as a director and substantial shareholder of the Company (“Announcement”).

Subsequent to the Announcement, the Company had on 4 June 2014, received a Form 29C of the Companies Act, 1965 (“Act”) and notice pursuant to Section 135 of the Act dated 4 June 2014, clarifying that Tan Sri Dato’ Sri Liew Kee Sin does not have any interest in the Company pursuant to Section 6A of the Act and should not be regarded as a substantial shareholder of the Company. He is also not deemed interested in the 88,780,601 ordinary shares in the Company held by his son, Liew Tian Xiong pursuant to Section 134(12)(c) of the Act as, Liew Tian Xiong is a director of the Company.

This announcement is dated 4 June 2014.
http://www.bursamalaysia.com/market/listed-companies/company-announcements/1648049

http://www.kinibiz.com/story/corporate/89234/eco-world-liew-no-longer-substantial-shareholder.html
LKS is totally not related to ECOWORLD.

WHAT A U-TURN!

Mr. Koon, since you love plantation stocks so much, what is your view on the coming Boustead Plantation IPO?
With your capability, you might be interested to be one of the cornerstone?

The Star: SONA Petroleum tested the historical peak of 62 sen amid fresh buying momentum. A breach of this relatively strong barrier would open the gate for the bulls to explore the unknown territory. Current support is pegged at the 14-day simple moving average of 58 sen while the important floor is lying at the 54 sen mark.

http://m.thestar.com.my/story.aspx?hl=Support+Line&sec=business&id=%7B2CB516D2-2EA8-4392-8407-AD15FEA486EF%7D