Sona IPO launched today? It is already in the section of upcoming IPO in eIPO CIMB.
IPO: Sona Petroleum Berhad, SPAC IPO
IPO: Sona Petroleum Berhad, SPAC IPO
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Jul 5 2013, 09:39 AM
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#1
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Junior Member
85 posts Joined: May 2013 |
Sona IPO launched today? It is already in the section of upcoming IPO in eIPO CIMB.
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Jul 5 2013, 11:36 AM
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#2
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Junior Member
85 posts Joined: May 2013 |
I haven't go through the prospectus. but from Cliq Energy experience,
the warrant may be priced at 8 cent and mother share 42 cent. Total 50 cent. Cliq Energy mother share was priced at 62.5 cent and their warrant at 12.5 cent. I have a great feeling that Sona Petroleum is more aggressive in term of effort to find for Qualifying Asset. Cliq Energy nampak macam takdak apa2 je. |
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Jul 5 2013, 03:26 PM
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#3
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Junior Member
85 posts Joined: May 2013 |
QUOTE(hyzam1212 @ Jul 5 2013, 01:02 PM) tapi cliq consider lagi agresif kan dari hibiscus? I think they are just playing the market...creating fear and buying opportunities based on the QA rumour...flushing the short term holders... all that matters now is the agm Ya, tak sabar nak tggu AGM. Banyak soalan pasal hala tuju syarikat dan gaji pengarah. |
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Jul 8 2013, 10:52 AM
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#4
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85 posts Joined: May 2013 |
QUOTE(zamans98 @ Jul 7 2013, 11:47 PM) IMHO, It is not wise to apply in one account. For example if you apply 500k shares FGV, you will be allocated only 70k. Let say you apply with 5 accounts with 100k shares each, you might get 350k shares. How to distribute into few accounts, I believe you can figure it out by yourself. This post has been edited by azlan88: Jul 8 2013, 10:52 AM |
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Jul 8 2013, 11:27 AM
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#5
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85 posts Joined: May 2013 |
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Jul 18 2013, 08:24 PM
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#6
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85 posts Joined: May 2013 |
waiting list mean dapat.
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Jul 21 2013, 10:56 PM
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#7
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Junior Member
85 posts Joined: May 2013 |
Exploration and Production require huge capital outlay. I dont think 550mil is enough. Maybe they will raise some more when an asset is confirmed to be purchased.
It's good if they can buy asset from Newfield Malaysia, as they are reducing its presence in Malaysia and focus back to America. |
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Jul 31 2013, 10:43 AM
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#8
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Junior Member
85 posts Joined: May 2013 |
The market is not good today after Fitch has downgraded Malaysia's rating.
Foreign investors are selling. Waiting for EPF, PNB to shore up the market. |
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Aug 10 2013, 12:01 AM
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#9
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Junior Member
85 posts Joined: May 2013 |
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