PM is next door, at Mandarin Oriental KL for the Transformation Malaysia Cooperative event, it is very possible he can just come over to Grand Hyatt at 4.30pm. You can see the FB Live at PMO Facebook now

Scary, close to 70 million shares transacted already in the first 15 mins.

RM2.33 - RM1.65 = RM0.68, does it mean that the warrant will be traded at 68sen when is listed? Thanks

Break 1.35

Keep dropping..

Lordbon sifu, you commented on both Gadang and CCK, and both companies are using the same auditor, Crowe Horwath.

2 more months to next quarter results announcement, in July

Warrant dropped to 66sen only

Very obvious that Tan Sri Kok Onn sold all his warrants to buy the Mother shares. Will there be a corporate exercise is the pipeline?

Why tan sri kok onn sold all his warrants? To buy more mother?

Lanjiolang, please check Gadang's bursa announcement

Tan Sri Kok Onn sold about 13mil Warrants few months ago at 0.68, he has took back about RM8.5mil cash. RM8.5mil/1.30 = 6.5mil shares, he has already purchased 2.5mil shares, still have capacity of another 4 mil shares if he wants to utilise the proceed for the sales of warrant to buy back into the mother shares

1.5mil shares queue to buy at 1.29, 1.25mil queue to sell at 1.30....

why non-stop selling at 1.30? when Gadang gotten 2 new big contracts (the MRT and TRX)....

My guess : since Gadang has secured RM1.2b of contracts and also in the running of LRT3 and more, they may need extra capital. That's why they JV with the Chinese. Looking at the way Tan Sri Kok Onn buying his own share in order to prevent dilution of his holding, there is a possiblity of a Private Placement is on the way. If there is a private placement, usually they will issue with 15% discount of the 5-average price prior to the issuance, so, there is a possibility with all these new contracts, they will push up the price in order for a good private placement price. Just my wild guess...

Phew, saw the 1.30 block removed. Good luck to everyone today

Another big block at 1.30, really don't know why and who want to press down the price

Someone still collecting?

There is a big block at RM1.24, don't know whether is good or bad?

I watched this YouTube clips on vivocom, don't know still relevant or not.
https://m.youtube.com/watch?v=KqUj9x_Fi9o
https://m.youtube.com/watch?v=dxuhGOkp-wo

strange reaction, perhaps ktsk88 is correct, most are speculators and punters. Vivocom share prices dropped after their Investors Conference and announcement of superb 1Q results.... for me, I will keep and hold

Also strange that they meet the investors before the announcement of the results, my guess is that they had postponed their board meeting due to some reason...just my guess.

The results should not be out today. Because, in order to announce the results, they have to have board meeting. If the board meeting ends before 1230pm, they need to announce before the afternoon session. If the board meeting end by 5pm, they will need to announce in the evening. And with the ED is here in KL from 12 - 3pm, impossible for them to have board meeting today.

Does it mean that today won't have any results announcement since the ED, Mr. Choo will be in KL attending the investors conference? Looks like the results will only come out by next week

anyone one know what is Scientex-CD that listed today? from my monitor, it's say that each one entitle to exchange the mother share with RM13, expiry date is 13/01/2017. If the mother share can go up to RM15 as expected, does it mean that the CD can go as high as RM2? Thanks

very quiet today

Hi All,is anyone using Maybank Online? I can't access it since this afternoon. Thanks and Gong Xi Fa Chai

The WA dropped to 23, is it due to the contra player. I suffer a lot of paper lost now as my cost is 27

Hi Maggiel, will it be positive announcement? If yes, is time to collect more to average down my cost. My cost of WA is around 27sen

This article came out in Sin Chew Jit Poh today, the MD of SONA stated that they are on track to conclude the Salamander deal by year end

料今年內完成購Salamander‧SONA將脫離SPAC

作為目前馬股4家特別併購公司（SPAC）的其中一員，SONA石油（SONA，5241，主板特別併購）有信心能夠獲得證監會（SC）的批准，完成對Salamander（布阿魯昂）能源有限公司（SEBG）40%股權的收購，放眼成為繼木槿花石油（HIBISCS,5199,主板工業產品組）後，第二家從特別併購公司行列成功畢業的上市公司。

據SONA石油董事經理拿督斯里哈迪安哈欣指出，該公司已經於8月29日向證監會呈交提案，預計可在未來數個月獲得各方的批准，整個收購行動料在今年內全面完成。

他同時相信，上述泰國油氣資產的收購建議是個良好的協議，因此可獲得股東的通過。

在呈交予證監會的提案中，包含了兩份分別由格埃弗尼-克萊納（GCA）石油顧問以及普華永道（PWC）所發出的評估報告。

約9億購Salamander資產

SONA石油是在今年6月與Salamander能源有限公司簽署初步合約（HoA），以2億8千萬美元（約9億零364萬令吉）價格收購上述油氣資產。買賣雙方較後於7月份簽署買賣協議（SPA）。

SONA石油是於去年7月杪在大馬交易所主板掛牌上市。身為一家特別併購公司，SONA石油擁有3年的時間收購一項資產以及其營運權。

假設對Salamander（布阿魯昂）能源的收購計劃最終告吹，哈迪安哈欣表示管理層只好再次規劃並物色其它的收購目標。

Salamander（布阿魯昂）能源目前旗下擁有B8/38和G4/50兩塊位於泰國灣石油與天然氣田，其中B8/38油田已經在生產當中，而G4/50油田則處於勘探階段。

當中，B8/38油田的石油平均產量在2013年達到每日1萬2千300桶，並預計在2014年達到每日1萬2千600桶。該油田的2P證實石油儲備達1千250萬桶，以及690萬桶的2C後備資源儲備。在第3個鑽探平台――查理（Charlie）於2016年開始投產後，此油田的2P證實石油儲備有望增高至1千760萬桶。

至於G4/50油田，平均總資源儲備料達1億4千450萬桶。根據協議，在該油田發現擁有商業開採價值的石油後，SONA石油需支付額外的1千500萬美元予Salamander能源。

此外，SONA石油也與Salamander能源達成管理服務協議（MSA），以讓前者通過旗下的Sona ManCo公司控制Salamander（布阿魯昂）能源的運營管理。

在完成對Salamander（布阿魯昂）能源的40%股權收購後，哈迪安哈欣重申SONA石油暫無其它的收購計劃，眼前的首要任務將會是完成B8/38油田查理鑽探平台的發展項目。

“隨後，我們會再探討任何能夠為股東帶來價值的收購機會。”

據悉，上述資產收購只會為SONA石油帶來11%的勘探資產組合，並未達到該公司原先設定的70%生產與開發資產對30%勘探資產目標標準，因此不排除會在來臨作出更多的收購，以提高勘探資產的比重。

先專注降低負債率
然後才考慮派息

SONA石油股東們或許無法在短期內從上述的資產收購中受益，因哈迪安哈欣表示公司在取得營運收入後，首先會專注於降低負債率，隨後才會考慮向股東派發股息。

“不過，在數年過後，我們的業績表現將會變得更好，那麼公司將會派發股息。”哈迪安哈欣補充道。（星洲日報／投資致富‧企業故事‧文：孔令堯）


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Hi Luqman Michel, can't access to your blog, appreciate if you could copy and paste onto this forum? Thanks

any idea what has been said in today's HLIB's luncheon talk on Sona?

He was so accurate, scarly

A post yesterday from followme1955 Insider news-- big drop will occur soon due to the foreign fund profit taking. Better sell now"

what happened to Sona, no support at all....

starts moving, fingers crossed

It was 37.5 sen last week, is goring to 0.35 sen still can't cover the losses for those who bought at 0.35 sen and above...

But suddenly the buy que disappear, any one here can advise? Thanks

Engine starts again

strong buy at 0.36

no more momentum

strong support at 0.77 and 0.775, really don't know how to read this counter. It can go either way.

Hi blissleen, the profit margin for construction project is always very thin, at most 10%. For property development, will be around 20-25% from the GDV for mixed development, commercial or highrise. 30% for landed. This is from my friends from the industry

I will wait until the expiry of warrant first, which is 17 May.

Blissleen, Salcon's portion of 36% is RM357 mil, however, this is a construction project, usually the profit is less than 10%, say 5%. Salcon will only profits about RM18mil for the duration of 3 years. Meaning RM6mil each year. Salcon has a share base of 600mil shares, meaning this project, at most, only contributes 1 sen to the earning per shares. Not a significant news. Moreover, insider already accumulated Salcon's share since 60sen+, so the share price of 79.5 sen now is almost the value of Salcon now.

Any idea when is the ex date? for dividen

And all Salcon directors had sold their warrants already, they definitely don't want to dilute their shares

moreover, the contract award price of RM993 mil is low

I'm worried about the 17 May dilution of share price as well, that's why dare not chase