Ophir already given firm and formal response.
The ball now is on Salamander.

yes @qieen. If selling volume compiled sky high, i will not hesitate to sell it. Thats the plan i wanna do...

ready to die tomorrow.

I guess SC don't want to reveal its decision until Ophir- Sala deal is clear.

Is beyond Sona control.

Small investor from Sala, Ophir and all investor from Sona don't like the take over go through

who is planning to sell on monday?...

credit suisse added again... something brewing quietly

Have to cut on Monday if Sona no deal.

Looks like good news is coming

just wait for another few days.. thats all..

so what was pipimimi posted ?

old news... and of course Sona is committed buyer. Now is whether the seller committed or not

Noriz u mean terminating the agreement with Sona?

Without SC, there is no show. Nothing will happen next

We are all dead

Yes brokerage will attract GST. This is confirm

The end is near,
Godzilla is here !!!

Such as mega merger of Cimb RHB.. Takes long time ?

I expect news flow today or latest tomolo

DJ soared 1%++, today looks like another cool day.
After Sona volume surge in T day,
T1,T2 volume decreased sharply.
If today and tomorrow volume still low, is strong sign ppl accumulating,
This is my layman understanding.

Game on

Next is EGM. Deal need to complete before 1st Dec.
Both party need to pass the EGM.

Just to add on, I don't think use current oil price,
It can be based on whole year average price, where the result is higher.

Anyhow, based on agreement with Salamander,
By 1st December, everything need to complete.

In such market, credit Suisse might be considering Cliq as a Zero Coupon Bond.
0.63, but returning approximately 0.675+ interest 0.06
in another 1 and half year.
(A)Average return 11%p.a. if no QA within 1 and half year
(B)Minimum return 11.9%, vote against QA, if any from now onwards.

Just to add in, you can vote against the QA and get back 90%+interest

Shark succeeded for pressing the price low.

Bro @workworkwork, there are 1.4billion mother share and 1.4billion 1:1 convertible warrant upon success QA. And 1USD: 3.25MYR now.

Volume is interestingly low today

Many throw @ 0.475.

Dont forget, we always can opt for rejecting the offer in the EGM and get refund @ 0.45.

Thanks bro prc4 for updating..
Looking at it the EPS conservative around 5-6cents?!?

Damagpie bro, RM100,000,000 divide by 1,000,000,000 shares = RM0.100. EPS=0.100. P/E 15x you calculate lo...

Got 9k shares of Reach

pushing down already.. another day

TQ for reminding... i hv 400k share wa waiting to out..

really coming. SC approval ?

On the shallow shore, lower cost, calculation might be different.

Hadian commented on good chance of working with salamander in other oil field.

Not much detailed numbers in AGM,
But generally answering that Sona has 66% shares in Bualang thus they have control.
License till 2016 with extension subject to local authorities.
5000 barrels/day comparatively with some listed counters in SG.
No more fund raising in short term, I.e. No rights issue., funding from cash flow from production field

there will be battle between management and the oil & gas investor. If the deal is good, o&g investor will come, meanwhile management will buy in more shares to gain control.

many free floats in the market, good for us.

just to add on, once Sona out from SPAC, this counter is opened up for all funds ( Unit Trust ) to invest. It will surely benefited. Further more i believe it is a syahriah complianced counter, so... every fund can invest.

Might as well sheep sheep say :
Sona sure down at close.

Anyhow I agree with mk88 that nearer to AGM chances of rise is highest as expecting clarity sought in AGM

Might as well call MAS and check boarding status

Believe and it will happen.
I'm still holding at 0.460

Totally agree with share guru.
Any news is a good news, unless the trustee run away with the money.

Now is warm and nice. Hope is not over cook.

Where is the AGM announcement?
I better wait for official statement.