IGB intends to raise RM5 billion via MTN which is more than its current market cap is only RM3.8b. Anyone knows what are their plans with raising so much debt ? Acquiring other properties or develop their landbank further ? Looks like big development is coming for this sleepy property stock.

I don't know whether he is sick or just going for a medical checkup. I saw him visiting a top heart surgeon last month so the rumors might be true.

still got bullets to add.👏

those who bail out today might be the smarter ones.

their stores used to be crowded a couple of years ago but nowadays with the rapid expansion of its stores everywhere, their stores are mostly empty. It is cheaper to buy it on shopee instead of going to their stores. their business model might be over now. more shops mean more overhead costs and unsold stock are piling up in their stores.😥

why sell such a wonderful business at only a slight premium to foreigners ? keep it and grow the business for future generations.

i have tried their Sabasco chilli sauce and it tastes much better and spicy than Tabasco. If the management can make such a great consumer product, why can't they also do the same for their fast food chain too ?.

if the next quarter result disappoints.😥

this doesn't look good at all. no support at RM1.😥

the present management is competent enough to grow this wonderful business. They should not sell out at any price to foreigners at all. keep it Malaysian.

it looks like Notion might be badly affected by the strength of the ringgit for its price to keep dropping.😥

i think it is more the solidarity of all sarawakians behind the sarawakian government more than any other person that helps the state to protect its interests.

it is not a good sign with the price drops below RM1 today. 😥No buyers only cut loss sellers left.😓.

if you need more money, you take on a second parttime job to supplement your income. unfortunately, most malaysians can't do it because such jobs are filled by foreign workers whether legal or illegal. so the problems of unfunded retirement in Malaysia will remain till we make it easier for locals to take on another low skilled level jobs without any stigmas.

if you can easily take out most of your retirement savings before your retirement, you will have little left upon retirement. that is a fact. such savings should not be touched during one's working lifetime if you want it for your retirement. we have to learn to live within our means.

once it breaks through 1.40, it will go all the way up to 2.00

if it drops below RM1.00 tomorrow, it is not a good sign at all.😥so hopefully, it will stay above RM1.00

holy cow, the results were terrible and there is no way you could buy at 0.5 sen to get your jackpot. do you know how long the 0.5 sen buy queue is. wake up.🤣

if it turns red at end of the day, it is definitely not a good sign for the rest of the week.😥

looks like it is heading downwards towards 60 sen😓

it doesn't look good presently. only an amicable settlement assisted by politics will help cmsb to minimise their losses. who knows when will they turn a profit at the phosphate plant. locals seem to take things for grant compared to outsider like Press Metal who somehow can make huge profits.

we should have asked where are all the oil???

will the rising ringgit affects or wipe off the profits of its sales to US based customers ?😣

0.00 x millions or billions is still equals to 0.00. 😄in fact the company wastes money doing such an exercise as it costs money without any benefits at all. So the value goes down further. Better for them to focus on improving the operations of its businesses.

I am really surprised that the share has very heavy volume traded yet its price hardly changed at all. Quite abnormal behavior.🤔

The shortage is in the east coast of Sabah. The new cement plant of CMSB is located in Sarawak which is too far from there. Borneo Oil Bhd has built a new cement plant there but it is still not fully operational yet.

Haha. If it is a jackpot you are dreaming about, your return will not be 50 -300% , It will be more than 10x or 20x higher. But it will take a long time to happen. Can you wait for a decade or two or forever ?

This company is losing money. Its future is bleak. Everyone invested in it has lost a lot of money and all its shareholders has lost much sum. If you think gold price is going up, it is safer to invest in Pohkong and Tomei instead since both these companies are making money from its gold business. So be very cautious and don’t be greedy.

All punters have been killed now. Every one who bought this share suffers huge losses including the CEO himself. Just avoid this loss making company till they are profitable again.

it will still be on the drawing board for a thousand years.

still in hibernation mode. this creature doesn't know it is spring time now.

they dug out only 0.5 gram of gold, so price dropped back to 0.5 sen at close.😂

whether the price is 0.5 sen or 5 sen or even 50 sen, no one will ever notice it. It is just invisible to all.

If a tree were to fall in an uninhabited island, would there be any sound ?.. So who will ever notice the noise created by this high volume ?. It is just a total waste of effort, just like digging for gold.

My 100,00 shares are Still queueing.🥲

Alchemists have been trying to turn metal into gold. So if this company can do reverse engineering to turn their piles of rock back into gold, they will become famous.😂

Dreaming about gold at the beginning but now all Bury under a pile of rocks🥲

I think everyone who had bought this stock before and hold onto it have lost money and their pants too. So is there any reason such shareholders will want to buy even at lelong price. Those who sold early are lucky to have recouped at least some of their investment. It is now so toxic that only a lunatic will buy it. anyone who buys now at 1 sen will suffer a 50% loss if he wants to sell it. There is just no interest in this counter at all. No gold, only rocks.

Your method is too complicated, Alex. I think it is hard to buy at half sen unless you have queue for a long time. so i will just average down a bit at 1 sen when I have the cash to do so next month.

those who have the foresight to queue to buy at half sen early is smart. Now the buy queue is so long that it is unlikely that i will get to buy them. It has to be some big funds that are lining up to buy at half sen. we can only average down at one sen. no more fund to average down my high holding cost of this stock. have to wait till next month to use my entertainment money to buy some more.

i think there is still gold on the ground but they lost a ton of money trying to mine the gold as the cost is higher than its selling price. The more they tried to mine gold, the higher their losses. they should just focus on mining their limestone hills instead of the gold mine. The share has lost almost all its value from 10 sen 10 years ago to only 0,5 sen now. it was all fools' gold. what can minorities like us do other to just accept the losses and hope it can recover one day.😥

If the cheerleader ceo himself also dares not buy now even at 1 sen, who in the right mind will want to buy now. Can’t do much now except to pray for rainmaker to come.🥲

There is hardly any information about the company's affairs in their financial announcements. I hope they can be more transparent especially if they are issuing huge number of shares at low prices. Minorities have no powers nor rights to such information unless the management are willing to share with us. Hard to decide whether to average down or just take almost total losses on this gold digger. The name is a misnomer. There is no place called Borneo on new maps nor does the company has anything to do with oil at all. Why do they still called it Borneo Oil Bhd.😣 The company should be renamed to reflect its present status.

maybe better wait for the ceo to lead the way before averaging down. tough decision.😥

it is so low that it might make sense to just buy more and average down my high cost of holding them for so many years and hopefully just recoup more of my cost once it bounce back up again. 😥

What is PN17? can it drop below half a sen ?😮

With a huge loss of nearly RM87 million in the last quarter results, even the usual constant share support of the CEO has gone. Either he is out of funds or out of guts or possibly both. He has tried hard to give support but to no avail. The share just keep dropping like gravity. Hard to believe that it can go so low to only half a sen. wow, it is one of my worst investment ever.☹

this is like checking into Hotel California.😢

I never imagine it can go to only 0.5 sen if I want to get out. 😢 so what to do next ? Average down my cost by buying some more or just throw in the towel.😵

Now can sell only for 0.5 sen only. what a huge loss.😢those who bought 10 years ago at 10 sen is suffering a huge loss. investing in gold mining is just a fool's game. Cut losses now or wait for another 10 years.