Will it not happen BEFORE 2020?

Excellent advice Crasd123!

Take the time to understand the meaning of this statement:


"AT TIMES, COMPANIES EMBARK ON SHARE BUY-BACK EXERCISES WHEN THEY FEEL THAT THEIR STOCK IS UNDERVALUED ON THE OPEN MARKET."

Isn't it strange that BO is BUYING BACK their own (supposedly) worthless shares! Who do you think is keeping the share price "not too high and not too low"?


BornOil continues with share buy-backs
February 6, 2018 Editorial
BornOil

Since the 4th quarter of last year, Borneo Oil Berhad (“BornOil”) has been embarking on share buy-backs.

As disclosed in a filing to Bursa Malaysia this evening, the latest buy-back involved some 1,120,000 shares which were bought between 23 January and 5 February giving rise to some 124,396,000 purchased being retained in treasury.

At times, companies embark on share buy-back exercises when they feel that their stock is undervalued on the open market.


03-Jul-2018 Insider BORNEO OIL BERHAD buyback 2,500,000 shares from 0.070 to 0.070 on 03-Jul-2018.

02-Jul-2018 Insider BORNEO OIL BERHAD buyback 5,000,000 shares from 0.065 to 0.065 on 02-Jul-2018.

neuwook, check your email. I will send more info when you confirm that you received my first email.

ANNUAL REPORT 2014:

"...the division is actively following up on an in depth

research with FBLLC over the past few years

on its “........... process” which converts palm oil wastes and

biomass by-products to bio-fuel, bio-char and bio-gas. A pilot

plant is now in operation in ....... USA. The

division will make further studies and researches before deciding

in the very near future on the next course of action as to whether

it will enter into any role in this process."

" It is our sincere wish that all of you will

be rewarded for your support, loyalty and patience in the near

future."