This counter has NO proven past record. Warren Buffet is the richest investor. And believe me he is not a "crazy" but a smart investor. What SONA's management has done so far is nothing to shout about but more to cry. If they improve their strategy and stop playing games, this is a counter to HOLD. They have to instill confidence back to the investor community and this is going to take time.The fireworks you saw yesterday was as I said before a "flash-in-the-pan". It is over for the moment.

If you buy as a medium or long term investment, you should HOLD. If on contra or borrowed fund sell and buy back when low. The price is going definitely > 0.5

I warned during the one hour suspension period heard from BFM this is a lazy deal. Anyone can buy from a public listed company like Salamander. They monopolized on the ignorance of genuine investor. Anyway GOD bless them.

Sell off today because SONA one and only asset:SALAMANDER down by 6.27% http://www.bloomberg.com/quote/SMDR:LN

Only future earning potential is mentioned, no past and it is currently cash flow positive and income-generating. If you have holding power current prices can be considered low. But playing on borrowed funds or margin financing, your profits will be converted to just to paying interest.
Current announcement is a "flash-in-the-pan", don't get burnt.

SONA signed contract with Salamander. Please go to this url and see how Salamander is fairing today in FTSE:.http://www.bloomberg.com/quote/SMDR:LN, today's trading down by appox. 6%.
In future how SONA will perform in near term development asset, B8/38, will contribute to profits and will reflect in real share price. Till then best of luck.

Wise Eye I hope you are right with your prediction 200% in one years time.

Sona is on viagra now. See can last for one hour. ha ha

Sham Muzz, the decision is yours entirely. This is 'Ali baba' business will not go down well with investors.Sharks will play the counter for ignorant retailers who buy on news.BTW this is stale news and the market has reacted on this.

BFM, is of the opinion that there is nothing Great of this transaction. Salamander can be bought directly from FTSE, why need to go thru a third party like SONA. Than have to pay SONA management overhead for this "lazy" approach to buy a listed company.This opinion make sense.
This share is going to hit rock bottom once suspension is lifted at 10am.

The two shares will be a fraction and will be disregarded. The 5000 units (or multiple) is num num complete lots e.g. 3,6,9 lots, with no fractions but is not the minimum you must buy. The minimum is 1700units, to be at least eligible for 1lot.

rich I think minimum 1700unit you should be eligible for 100 unit= 1lot right?

Take note of the quantity you purchase, fractions will be disregarded.

Sold all today and made profit so no complains. Showed appreciation by patronizing a 7-Eleven outlet. ;). One man's food is another man's poison.

i3investor700 if you buy now you are still entitled.

U must keep the counter in your name till the date and time. Than payment will be made latter.

Thanks powerwk ;). Dividend payment in month's time is not bad.Better than putting in the the bank.

Picked up @ RM4.50 after the break...up .up.. up and u go.

berjayaLah u are rite look at 9:34am today.

High volume @ 0.510. Potential to go higher ;)

honeycomb one more thing P/E 5.91! One of the safe penny stocks to invest.

Livinia what is the relationship with BJCorp and the World Cup?

The directors keep on disposing share because they cannot list additional shares to raise funds. This will be sorted out in next AGM if approved by shareholders (which will be). FY14 looks promising and future years because the government plans to build a total of 1,000 telecommunication transmission towers in the next three years with an investment value of RM1.5 billion, as mentioned by Govin, too,

If it is EPF, they buy from treasury because they have Direct Interest.

Maybe EPF buying in on the 140,000 units. Wait for the announcement from Bursa in next few days to confirm.

Director's fee of RM66K for MIA is "gaji buta" for private sector.

Going "shopping" in departmental stores is an excuse to get out of the house for families and individual in developing and developed countries.

Nonsense Agenda! I hope to get out of this counter soon.

Our prayers will be answered soon. The "party" has begun. davors sorry I do not look into the rear view mirror when I drive.

Yeap keep averaging down..do not worry.What price it will go up to is everyone to guess.My guess is RM1.00+

My take on this is the Buy back is to remove as much outstanding shares to increase the ROE before listing of 7 Eleven this Friday. This is to dupe Investors into thinking the company is doing well.High volume is selling within the Group. BJ Corp sold it shares in BJAuto last week for this exercise. Strategy to take now is HOLD/BUY. Price will soar higher in near future.

Patience is the mother of ALL virtues.

http://www.bursamalaysia.com/market/listed-companies/company-announcements/1631821
Continue buy back. gives a signal that the price will sour in the near future.

ryan7624 you would have been "right" if not for the anti-China sentiments in Vietnam. But no one can predict the movement of a share other than GOD. Anyway appreciate your input from bursa malaysia because sometimes we may have missed information. Speculating alone does not help. Have a nice day ;)

ryan7642 only last Tuesday you said no more .49-.50 range before the small lived bull run of BJCorp. Now VT and the company also doing a buy back. can we trust your words anymore?

GGmalaysia, interesting you should bring up YTL. EPF is buying and selling in big volume now. Price has appreciated by 10%, since end April till now,thanks to EPF Once they profit take they move on to next counter. Topglove's fundamentals is not very good in recent years and the price still ranging at rm4.69-rm4.71.If EPF is backing this counter safe bet to hold position or acquire at low price.
Do not be disheartened by seeing RED on board. Been happening to BJCorp, 12-month low yesterday, see this counter move uptrend this week and next, after announcement that the Ministry of Finance of Vietnam and Vietlott have selected BCorp’s proposal as the winning bid

From 23th-29th, April, 2014, EPF acquired one million shares.They usually buy low and sell high.

EPF acquiring this share end April.

Large volume sell off @ 0.215. No signal of turn around as yet.Hope johnwooo23 is right.

morivae please let us know if you get it at 2.19. There were some "Unknown transaction" and I think shares are being transfer around only today by some Big players.