ok well done Sona, now let's see how the QA is going to profit to the company. it is good to buy a horse, but buying the winning horse is another question ;)
After Sona announce QA , focus might go to Cliq . Because it is the only one left with no QA and still below 0.675 +int (very safe bet )some Sona shareholder might switch to Cliq especially who sold & made money today .
you got money for perodua. You must buy a car but only cars on sale priced 3x times above the price of perodua. So? need a bigger loan and pay higher interest!
Sona ipo too big and very dilute.... Need a lot of big shark to push it meanwhile cliq ipo small.... Small push, price impact is big... But down oso fast.... Fast gain... Cliq is good
Ziyadlie u r right. Sona long term is good. Once uplifted fr spac. Sona mgmt will hv many ways to do wonder. To uplift fr spac is the utmost task to do, otherwise time & fund will be the issues forever .
QA cool, right? however what needs to take into account is how much producible reserves left and most important how much you pay to extract one barrel of oil. in which state are the current infrastructure? if you need to drill or work over all the current wells ans surface facilities after one year that will impact your profitability...
I would say they won't get anything in another one year, maybe even after the expiry of 3 years timeline, given their working attitutde.
Anyway, got QA or not, they will retire with our hard earned money with a whopping RM 84 mil (because their cost of investment is only 1 sen while the guarantee refund sum is RM 0.675) x 20% of their stake in Cliq
Mime is a cliq kutu la.... Ignore him.... N the whining child must have cry a lot yesterday when sona reverse.... Now only came out to give a word or two
Just less than 2 yrs (left 22months ) if you buy now 0.645, in case no QA ,still get about 7% return each year . So downside is very limited. Upside is depends on when and how is the QA turn out...if not greedy ,gain 10% shouldnt be any problem . So dont worry ,just hold it. now Cliq is the only spac counter for coming any speculation news...
cliq kutu? from what I can see, Derrick has put most of his fortune inside here and hoping for it to become like hibiscus. so he is preventing u guys to sell even when the odds are bad.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
YANG231011
40 posts
Posted by YANG231011 > 2014-06-05 11:38 | Report Abuse
really sad to see that price if compare to SONA (ipo 0.75 vs 0.50 ).. really really needs to takes more viagra to make it straight up...