Thanks Crecimiento. On rev is it ok to accumulate a bit at these prices. And on Sona, wil they have enough funds for exploration etc. Is Sona financially ok. Thank you Crecimiento. Like your write ups very much.
Hi Crecimiento, Very srange that last week the stock Sona was 0.50. And there has been selling despite the pending good news!! So, why the selling? And further Sona management has been fudgin and postponing some very important decision concerning the acquisition. The stock is not behaving as expecting some good news!! Would like your point of views. Thank you.
i would venture that the analysis above is very much emotion driven, by comparing with another stock of similiar nature.
A proper analysis should constitute of the proper understanding of: a.) the revenue from salamander b.) percentage of contribution from the profit to sona, not likely that all profits will be returned to sona, as most will be kept with Salamander as working cap c.) a calculation of earnings per share.
As of now, minimally should be able to tell the Net Asset of Sona, Salamander ownership + cash remaining from the RM500m raised from IPO
The calculations above can still be dangerous given that no one can be assured how long the platforms can contribute, but at least gives some base of understanding
if investing in spac stocks is such simplicity, then we all can really print money!!
If my bet on Sona is right, ssosssoooo ssooooo i will bet the same way on Reachy and other Spacky
wow, nice, nice... can print money....
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Posted by ruslimz > 2014-09-13 18:33 | Report Abuse
Many non believers still would not buy this opinion about sona because their minds are clouded with negative charges.........