As confirmed by my remisier sona listing is on end of july.On 5th july a prospectus will be distribute to public.logically it will be listed 2 weeks upon prospectus launch.if its gonna launch by year end I think many private placement holder will be furious coz they have upfront cash for en bloc of sona shares...so it is likely to list by july...as for cliq holders its a cat and mouse game...just wait and see for cliq movement
Good buy at anything below 0.675 (90% of 0.75) before interest. Assuming you buy 100,000 shares at 0.64 = RM64,000 if nothing happened in 3 years or you reject the proposal during EGM you get back 67,500 before interest. Effective gain RM67,500 - RM64,000 = 3,500 (min 5.4 % return) which is much better than FD rate. Cant go wrong if you buy below 0.675 Imagine when the company acquire one producing oil & gas company the revenue is instant and of course the price will trend upward immediately The size of CLIQ is much bigger than Hibiscus. The price appreciation will be fantastic. Sona is another good one. Happy trading
I strongly advise those buying CLIQ or SONA not to play contra Go for medium term investment. You should reap handsome profits once the companies acquired good oil and gas assets. Both companies have very good management team in oil and gas industry. Otherwise SC would not approve this IPO. SC is very strict in this type of IPOs Dont play contra. Go for investment. Buy and keep it and continue with your work. Dont look at it until the announcement is made. Otherwise the swing in prices will make you very emotional. This is what investment is all about. Greed and Fear. Common sense will tell this is the 2nd SPAC on board. You think SC and Bursa will let it failed. They are monitoring these companies ongoing performance. SC has done a good job. This is a fantastic investment product.
Based on my previous posting, true enough that SC is very strict in SPAC IPOs. In today's STAR Biz , 2 mining SPAC hit a snag. That shows CLIQ and SONA are of quality stocks and could create value for investors. Go invest No contra Cheers
5234 CLIQ CLIQ ENERGY BERHAD GENERAL MEETINGS: NOTICE OF MEETING
Type of Meeting : Annual General Meeting Indicator : Notice of Meeting Description : Notice of Second Annual General Meeting Date of Meeting : 22/07/2013 Time : 10:00 AM Venue : Topas Room, The Saujana Hotel The Saujana Resort Jalan Lapangan Terbang SAAS 40150 Shah Alam Selangor Darul Ehsan Date of General Meeting Record of Depositors : 15/07/2013 You are advised to read the full contents of the announcement or attachment at http://www.bursamalaysia.com.
doomsday....read carefully on the AGM Resolution Pass...nothing mentioned about any QA in near terms....embraced and get ready for the falling sharp dagger starting tomorrow....
EGM and AGM is very different things...AGM (Anuual General Meeting) EGM (Extra-Ordinary General Meeting)...General vs Extra....can you get it...so nothing extra about any QA only general resolution passed....
AGM is part and parcel of a listed company. This stock barely less than 3 months in listing and you want quick profit??? Definitely not for weak and contra players. The mother share still worth a min of 0.675 whether they manage to acquire any QA Good for those who wants to accumulate this stock if the price is dipping. The management need to do proper due diligence before announcing the QA.
This company is definitely moving in a right direction. Complying and conducting AGM according to the listing requirement. Resolutions need to be passed to confirm the good management team and the QA will not be long. As an investor, I rather the team do proper research and due diligence before acquiring any QA. 90% of investor money still in trust. Why you worry??/ But too bad for those who want quick gains due to the volatility of regional markets. With oil prices recovering, am sure this stock can go once the QA is confirmed. Definitely this company already have some potential QA in mind targetting oil basin in Asia. You think the team is so stupid just go for listing without proper direction!!!
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....
pfhong
372 posts
Posted by pfhong > 2013-06-19 16:33 | Report Abuse
if good news still no come then rugi la...