look at the volume...bilis swarmed in at 30-40 cents, not $1....

sharewiz118 Flocking a dying horse and hoping for RM0.60 cent pathetic. Continue to dream on after all ikan bilis bought above RM1.00 why contented at RM0.60 cent. Pathetic
28/07/2021 2:24 PM

If u buy OTB's hiap teck, u should put some $ here just to be safe. U know how OTB gang fries a stock up and down

Why is MYEG so good at getting govt contracts?

one of the few value picks to go in big and win big, if u r brave

This counter gave me enough to buy a few mazdas so ive no complaints lol

tooooo many reasons to sell espeically for EPF. u think think. Look at EPF in TNB

mahorse EPF keeps selling, WHY? Dividend yield of 7% plus, PE about 10X. Yet EPF sells daily. Anybody can offer any plausible reasons.
28/07/2021 9:51 AM

but downtrend has not emerged. need one more hit la bros

Traders never fight the trend

But normalised earnings look really good next year. Tempting

Never catch a falling knife

0.35 will happen. the question is what is ur cost when it's 0.35. unless u hold so little it doesnt matter to u, how to hold something from 0.035 to 0.35 lol. U can? I cant.

Slc1 U sure or not 0.35?
28/07/2021 12:49 PM

totally agree this is one easy penny stock to hold. u dont have to put all ur eggs in one basket...this isn't that bad being 1/10 or 1/15 of ur port. everything is down now except maybe the truly penny goreng stocks lol. dont discriminate it just cos it came down together with other stocks

this co also has now 9.36% out of 236M market cap in treasury shares. there can be an exercise to consolidate 10-to-1, distribute 1-for-10, or placement to another large shareholder. any exercise is better than no exericse

whistle ur kind intentions are noted

consolidation isnt necessarily bad for bornoil. bornoil's penny problem is the huge % change each bid. if theres a 10-to-1 it will make movements much easier

wallst you understated Bornoil cash position cash & inv 45.62M

45.62M is Cash + FD

Inventories is 35M (mainly limestones and raw materials) excluding trade receivables of 12.35M and other receivables 27.7M. If u look at past records they have a good record of recovery. Hardly any bad debt - and if there were, subseuqent quarters showed recovery of such bad debts

Above is based on cut off date 31/3. Since then PP and ESOS raised 25M, SBB used 10.5M, so net cash + 14.5M

Investment properties are real and carried at book value. Look through the reports. Theres 612M here.

Company yet to have meaningful loans.

Last year after MCO secured a 50M loan. As I said before banks granting loan is a show of strength. Banks vet thru showing us another layer of scrutiny

Bornoil's book value is real. These are not goodwill etc. They are tangible assets.

Current market cap is around 236M at 3c. Not difficult to blast off

Short term also long, don't run...nowadays market getting smarter in small caps, they appreciate vale

If not gamuda who? Buy all big cons then

bro good news for everyone if can buy at 0.02-0.025

Profit is 25.1 cents

How is this qr not good...1/6 FMCO we get better profit than 1Q2Q3Q201Q21 and only a little short of 4Q20. Notably margin has increased by a bit, and is at the highest since 4Q19. This shows premium segment gain

baby huat make same net profit as CTOS...

Deep deep value. I have always supported MMC & DRB go Mokhtar

how serba thread involve farmers now

upside is huge, if people can punt on serba, why not on Bornoil

warrants exercise cost is a good reference...somewhere sometime they will push it above for exercise. No sane operator will let 100M+ cash infusion go to waste. this is the market's and retailer's money. anything can happen...see shitty MTouche went to what 40c previously?

syndicates have full control of this counter looking at the way the shares move. no one else can make more than 100M shares disappear and reappear within seconds. full control also seen in this last run to 9c. crazy volume

no regrets! even if we die here cant die too badly lol just make back elsewhere. must have that confidence before speculating

For a very brief moment we were able to buy at 1c 2c last crash. That was the only time. Now even MQ's cost is 3.2c. No matter how they churn it's not much lower than 3c.

The support at 2.5c and below is enormous. And to break below that someone ought to have the shares to dump.

Who has shares to dump at 2.5c and below, and why would they do that. Even if they dump at 2.5c we can hold and some may even buy - will they dump at 2.0c? No one really had an opportunity to have that low a cost

For other companies which have risen over a long time, maybe there were shareholders who had much lower cost. But this counter...the renewed Bornoil started when Hap Seng entered in a hugely dilutive rights issue and basically wiped out everyone else and took control of Bornoil. Their cost was at least 7.0c.

Many years later now there was never an escape wave...there is no way anyone can have a meaningful stake below 2.5c. Not even ESOS. ESOS records 400M at 2.7c, 400M at 3.684c, 216.5M at 3.28c. Placement 329M at 3.16c, 10.3M at 3.73c, 242M at 4.35c, 45M at 5.36c, 7.1M at 3.6c. MQ 887M at 3.194c.

so i say if it comes below 2.5c let it come and we can buy....

lehubeng @UncleFollower MQ subscription floor price is 0.025...u so greedy ah


not greedy lah, today bought another 10k units at 0.03...
hopefully no regret...

bornoil kind of weird company, 2017 esos was 0.09 but share price dived to 0.035 in early 2020, and to 0.01 in March 2020.....

hold tight.... no sell....
22/07/2021 12:41 PM

Good point justin. What will they do when they hit 10%. Distribute 1-for-10 is equivalent to 10% dividend. Cancellation is good for book value and what a blue chip will do, quite unlike Bornoil lol

MQ's 1.2B subscription allows an additional 120M SBB

This counter is quite exciting la...do we have any reference anywhere else? A foreign IB taking up 20%, treasury shares 10%, net cash, fresh loans own gold mines...trading at 3 cents. how not exciting

justin1njp Sbb already reached 9.244%.
Max is 10%.
Cant sbb already.
Only way is cancel or sell in market
21/07/2021 6:15 PM

Usually KYY

JamesPond @Beltland...so is ES operating or not. KYY say no, OTB say yes. Anyone in Klang, knowns HTV operations there on or not. I m quite curious whether KYY or OTB is right
19/07/2021 5:07 PM

shining through a sea of red

not enough sellers to push down la

small cap is like that...if got support where got chance make big

MQ subscription floor price is 0.025...u so greedy ah

lehubeng just bought 15k units at 0.03, rest wait for 0.025...
21/07/2021 4:50 PM

Bornoil has 684,476,000 treasury shares or about 8.7%. And they are obviously not done with SBB. What penny stock has this. One of a kind weird counter

lehubeng lambo and fintec no sbb... bornoil sbb 55.5 mil at 0.035 on 17 July ....
21/07/2021 4:58 PM

put in another 120k ride with it

one of a kind counter this is

cant see how anyone is making any $....hard to understand right

Now we wait and see SBB magic

Only party with so many shares to throw is Macquarie...

PE High = CTOS MRDIY lol

PE High? Are we looking at the same company

I gave up hektar last year at low point and switched to astro. Im glad i have made that decision.

So...is MYEG in the MAHB testing deal or not

the play is when issue not resolved silly

by the time every issue is solved u have 1000 other counters to buy...

Crazy share buyback weiiiii whats going on

End up being cash rich company...not that bad...

If things like EURO can fly...a matter of time. We just need to wait for syndicates to have full control of the counter. Looks like we are close

Ur record is right. Add them up and u get 744M not 743.5M

Total is 744M @ 0.0325

So you are like the mar kei tor sui kah who buys 1 lot 3x when people bombing 20x is it

GoodBoy Syndicate is in full control of this counter already ... Let me try luck, invest 1 small lot for RM485, win RM200 if limit up today, lose RM400 if limit down today ... Most probably will go down after I bought in ...
05/07/2021 1:50 PM

This counter not as bad as those mtronic mtouche xidelang etc etc

Do they have SBB?
To the extent company holds more than 7% in treasury shares?
Company directors use their own money own a large portion of shares?
Hap Seng affiliated entity as substantial shareholder?
Net cash company with valuable tangible assets in land and mines?
A visible fast food business?
Gold Mines waiting to give gold?
And best giler Sabasco Chilli Sauce!!!

Fantastic results