In my 25 years of share market investing across Malaysia Singapore and Hong Kong...I have not seen a share that can flatline this long and still have retail interest haha

I support Uncle and support Bond

Today +400k shares @ 0.8325 average
Tmr +400k shares

Target 2M shares

Cheers!

VS is a household name? Nvm just buy

I'm shocked by the $$$ I'm making from Yinson warrants hoohoo

Unc is right, buy

Past 10 days 450M shares changed hands at approx. $0.025. Joker

Give credit when credit is due

No new shares to be issued

Bornoil is paying with the entire stake of SBB done valuing each share at 0.0514.

This clears off all the Treasury Shares

Together with recent gold announcement for total 822kg gold potential to date…maybe about time to goreng

Alas we are used to hope already. Hopefully it’s not so hopeless in 2022

aJR you still here lol. So make or loss. So far so good for me this counter more to come

50.7M cash is 25% of their current market cap lol

Since when Bornoil has 50.7M internally generated funds?

If they have it now, they could have moved inventories or collected outstanding sales...which is good

4.1.5 Source of Funds
The balance Purchase Consideration will be satisfied wholly in cash from internally generated funds.

OTB's Miss Universe Stock. Anyone has the link to OTB's write-up previously which pumped the stock up

When EPF buys, u sell

No volume.............

Raymond Teo did not deliver after all these years...finally being shown the door by Joseph Ambrose. Ganesh and Georgia taking over fastfood biz. Exciting times ahead

Finally your 2.38 dont look too bad

investortrader88 Managed to get some tickets at RM2.38 from my queue.good luck guys.
04/01/2022 3:36 PM

AQRS is in good hands. Maybe a little conservative, maybe a little slow in recovery. But Azizan is a good guy with a good reputation and hands on managing cashflow. He has a genuine intention to pay down debts, is always careful on cashflow. With this kind of mentality over time he will be a winner. For us, this counter is good because it's so small. You can do the same for Sunway YTL Gamuda but any impact is muted. AQRS's current price presents a great opportunity to accumulate and then just wait.

Meanwhile the wait continues guys see u when it's 8 cents

Btw my grandson loves pezzo pizza...but one by one the outlets here around close down. This is on Bornoil's Raymond..open close open close..they should take their F&B seriously...look at BJFood recovery...

The hard cash this company spent on gold mines and limestone mines are far in excess of its current market cap. We need to see results. Lotssss of cash spent. Hello Bursa query them

1. I don't know why but yes Bornoil has repeatedly over a few quarters recovered bad debts from limestone segment. The management has not bothered explaining their performance. They bought limestone mines with hard cash, off hand I think in the region of 130M+, with a contracted guaranteed return. So far such returns not shown. This is a very significant amount esp seen in light of its current market cap

2. Like most people I don't like the gains solely arising from quoted securities. This is basically verde resources shares. 2 things to note...firstly this is cut-off 31/12 when verde was only around 9c. Verde is now 16c after retreating from 20c+. There's another approx. RM 49M gain to be recognised in this quarter (Jan-Mar) if verde is 16c. Secondly it will look very bad when verde comes down and they recognise huge loss

VERDE RESOURCES, INC.

On May 10, 2021, the Company announced the Sale and Purchase Agreement to acquire the assets of biofraction plant and the right to use intellectual property license in Sabah, Malaysia from Borneo Energy Sdn Bhd, in consideration of issuance of 166,666,667 share of the Company's stock at $0.03 per share, valued at $5,000,000. 135,666,667 shares and 31,000,000 shares were issued on May 10, 2021 and July 1, 2021, respectively. The completion of the S&P Agreement is subject to all such acts necessary, including but not limited to due diligence exercise to ascertain the valuation of the assets of the biofraction plant and the right to use the licensed intellectual property in Sabah, Malaysia.

On October 25, 2013, we entered into an Assignment Agreement For the Assignment of Management Right in Merapoh Gold Mines in Malaysia ("Assignment Agreement") with Federal Mining Resources Limited ("FMR"), a company incorporated under the laws of the British Virgin Islands.

FMR owns 85% equity interest in CSB, a privately limited liability company incorporated in Malaysia. CSB is the Mining Contractor of the Mining Lease for Site IV-1 at the Merapoh Gold Mine under the Contract for Work with MMC Corporation Berhad, the Permit Holder of the Mining Lease.

Under the terms of the Assignment Agreement, FMR assigned its management rights of CSB's mining operation in the Mining Lease to the Company, through its wholly-owned subsidiary Gold Billion Global Limited ("GBL"), in exchange for 80,000,000 shares of the Company's common stock, which constituted 95.26% of our issued and outstanding capital stock as of and immediately after the consummation of the acquisition.

GBL was formed on February 7, 2013, by the Board of Directors of FMR to monitor the CSB operation. The acquisition of 100% of the issued and outstanding capital stock of GBL was agreed upon on October 18, 2013, and completed on October 25, 2013, subject to the approval of the Board of Directors and the audit of GBL.

On February 17, 2014, we entered into a Supplementary Agreement to the Assignment Agreement and completed a reverse acquisition of GBL pursuant to the Supplementary Agreement. As a result of the acquisition, the Company holds 100% equity interest in GBL and 85% variable interest in CSB. Our consolidated subsidiaries include GBL being our wholly-owned subsidiary and 85% of CSB being a variable interest entity (VIE) and deemed subsidiary of GBL. On April 1, 2014, GBL purchased 85% equity interest of CSB, and CSB became indirect subsidiary of the Company.

CEO promised resumption of dividend so by this week or next we will know. It's 14 cents in normal times

If Edgenta can't make money Oct-Dec, I'll sell and return when it can...

So that's the plan you see. Now don't call me Kacang Putih wannabe hahahahahahha

On the contrary if he releases FFU Bursa can't suspend counter he is forced to trade unless voluntary suspend which will not be acceptable to banks

So he ask Bursa to initiate action to suspend it. In public and before bankers put up a show. Bankers can't sell, can't force sell, can't sue him

Because his force selling will continue until he loses control of serbak

What Karim is trying to do now is to prevent resumption of trade.

FFU contents is also essentially released.

Everyone knows FFU is bad and court will not rule in favour of Karim. So of course Karim knows.

There are 4 EPF external FM in this counter...only (3) selling

(1) Account for Employees Provident Fund Board - 11,512,712
(2) Account for Employees Provident FD BD (AMUNDI) - 16,816,800
(3) Account for Employees Provident FD BD (CIMB PRI) - 6,540,924
(4) Account for Employees Provident FD BD (ABERISLAMIC) IC - 6,038,600
(5) Account for Employees Provident FD BD (CPIAM EQ) IC - 900,052

Now you can see where the large sell volume came from at the lower prices...EPF

DRB sold Lotus to SM for 100M GBP in 2017

SM now listing Lotus for 5-6B GBP hahahaha

ESOS only 52M left at 0.023.Peanuts

Only 47.4M MQ PP left. Congrats to a successful long and paniful PP. Now cash rich go do something

166,666,667 x USD 0.201 = MYR 140,415,250.00

MZM2511 Verde Resources, Inc. (VRDR)
Other OTC - Other OTC Delayed Price. Currency in USD

0.2010+0.0410 (+25.63%)
At close: 03:39PM EST
19/01/2022 6:14 AM

Share price and liquidity is terrible...but if we look across Bursa this is still a rather solid company. Should dividends resume this year we will be ok...

Park and wait la...round 1 burnt. round 2 recoup burnt, or get burnt again

amateurJR uncle dun get burn enuf
03/01/2022 11:24 AM

Verde Resources OTC now US$0.16...

Bornoil has 166,666,667 shares...

That's worth 111.5M ringgit lol

This counter cute hor

Valgrovest thanks for the update so nice to have credible news in this forum

It's not a suspicious transaction lol

That announcement simply means Ambrose is now a director/ shareholder of Victoria Cap and therefore has to now declare an indirect interest via the Bornoil shares held by Vic Cap

The average price of 8.8 sen represents Vic Cap's acquisition cost. Yes 2.5 sen is really cheap.

Remember the video where tan sri blank face say next week can exceed maybank market cap..

No good. Worrying. Fighting piracy without political will is an uphill battle

EPF woke up. Ok I rejoin party

Higher cement price in Sabah due to surge in freight charges, cost of clinker

State has seen twofold increase in cargo rate in last couple of months

Published on 09 Dec 2021 7:00AM ·

KOTA KINABALU – Higher freight charges and cost of clinker have contributed to increased cement prices in Sabah, the state assembly was told yesterday.

Local Government and Housing Minister Datuk Seri Masidi Manjun said that freight charges to Sabah have gone up nearly twofold the last couple of months, and that the state does not control the prices of clinker as it is traded in the international market.

“The price of clinker is only produced in Peninsular Malaysia and all transactions are done in US dollars.

“This means if our ringgit falls, the cost will be much higher,” said Masidi during his ministerial winding-up speech, here yesterday.

Masidi said this in response to several side questions posed by Sabah opposition leader Datuk Seri Mohd Shafie Apdal (Senallang-Warisan) who had asked about the measures taken by the state government to mitigate cement prices and the surging prices of houses.

To deal with the problem, Masidi said Cement Industries (Sabah) has proposed to set up a one-stop buying centre at its factory to ensure developers and others could buy cement at factory prices.

“I believe the prices of cement in Kota Kinabalu when transported to other areas in Sabah have gone up by around RM3.

“In the previous cabinet meeting, I proposed a retail buying centre so buyers can buy at factory prices,” he said.

Masidi said there’s a need to cut the cost of middlemen, which had contributed to the higher cost of such materials, as well as cutting the cost of building affordable homes.

The Karanaan assemblyman has noted that house prices near the city centre are so expensive, some priced much higher than homes in Kuala Lumpur.

He said when he took over as the housing minister, he had found that the state housing agency, LPPB, does not have much land bank to build affordable homes.

“We have to look for more land for LPPB. I may have found one place. Just probably, the land prices are still reasonable. I'm referring to the land on the old Papar road, which is also along the new Pan Borneo highway,” said Masidi.

Masidi said if the state would be able to acquire the land at a good price along the old Papar road, it could build affordable homes.

He said although Papar is quite a distance from the city, driving time would be shortened and improved once the Pan Borneo Highway is completed.

“This is what I believe. We have to buy land outside of the city centre, but with better road connectivity, the drive from home to work for many workers would be easy,” he said.

Since July 2020 Bornoil raised $90M from these endless PPs ESOS etc...

30/09 report shows only about $27M cash in hand...

Over this period they didn't make a loss (if any, it's negligible)...

Where is the money. Lazy to dig lol ok maybe when have time

This is more like it la MQ. Don't be like before 1 or 2 weeks only do 5M shares...embarassing. Just finish it. We wait till neck long.

UEM Edgenta’s MD/CEO recognised as outstanding leader at Malaysia Management Excellence Awards

UEM Edgenta’s Managing Director/Chief Executive Officer Syahrunizam Samsudin, a business professional with more than 24 years in the digital financial services and corporate sectors, has been named Executive of the Year (Engineering) in the Malaysia Management Excellence Awards 2021, organised by Singapore Business Review.

With his proven leadership in engineering and technology, Syahrunizam has been instrumental in steering the Company’s digital healthcare solutions to support the nation’s fight against the Covid-19 pandemic.

The inaugural awards programme aims to honour and recognise outstanding business leaders, individuals and teams who have made exceptional contributions towards their companies’ success.

Under Syahrunizam’s stewardship, he laid the foundation for UEM Edgenta to become a technology-enabled solutions company focusing on healthcare support, infrastructure and technology by 2025, under its Edgenta of the Future 2025 (EoTF 2025) vision.

“We believe that technology-led business transformation is vital for companies to remain competitive in a post COVID-19 economy, and we are therefore in the best position to help bridge the gap in technology adoption among businesses,” Syahrunizam said.

Since the start of the pandemic, UEM Edgenta played a crucial role in supporting the national recovery efforts by introducing various key frontline healthcare initiatives such as the Private COVID-19 Assessment Centre, housed at its training facility, UEM Edgenta Learning Centre, which was subsequently transformed into a Vaccination Centre for adolescents and booster shots.

UEM Edgenta also collaborated with the Ministry of Health Malaysia in deploying Field Hybrid ICUs, an alternative solution to ICUs which are in high demand at government hospitals during the pandemic. It is a combination of an Intensive Care Unit (ICU) and an isolation room, equipped with electricity, bathrooms, toilets, a donning room, nurse station, air conditioning and ventilation systems. To date, 12 units have been installed in hospitals nationwide.

As a strong advocate in digital innovation, Syahrunizam has also steered the company’s business diversification and digitalisation by introducing Edgenta NXT, UEM Edgenta’s first cloud-based ecosystem, and QuickMed, a cloud-based digital healthcare solution. These solutions will accelerate Edgenta’s long-term growth as the company transitions its offerings towards innovative, scalable and differentiated business model aimed at catalysing future innovations in the business niches it operates in.

Under Syahrunizam’s leadership, UEM Edgenta registered a revenue of RM1.6 billion for the first nine months of FY2021, an increase of 11.2% against the same period in FY2020 at RM1.4 billion. He also helped the Company secure key healthcare support services contract wins in Malaysia, Singapore, Taiwan and Saudi Arabia.

As a leader who places strong emphasis on human capital development, Syahrunizam has also been influential in shaping Edgenta’s people culture and beliefs. This led to the introduction of a revitalised set of core values that represent a holistic and inclusive identity for its people, thus enabling them to face challenges as an innovative and sustainable organisation.

These significant endeavours have undoubtedly elevated the company to its next phase of growth. UEM Edgenta is poised to provide cutting edge and enhanced solutions and services in a sustainable manner primarily to create better value propositions and efficiencies for clients and stakeholders, not just in Malaysia but in new frontiers as well.

That could only mean 1 of 2 things...

That the CEO and management are now satisfied and happy selling digital dreams regardless of growth and profit....and therefore we can all sleep and the share price die

Or that the share price is indeed lagging behind the explosive growth to happen under their Edgenta of the Future vision lol

EPF movement is cute