Internal positive factors + External good news Tonight US Down index up 750 points, Brent crude oil future up to US 35 ! Tomorrow fly.....

Tonight US Down index up 750 points, Brent crude oil future up to US 35 ! Tomorrow fly.....

Coming!

Apart from Sugarbun fast food franchisees business, gold mining, property development, BORNEO OIL BHD has been engaged as the main limestone aggregates supplier to an integrated limestone processing plant (ILPP) due for commissioning early this year in Lahad Datu, Sabah.

It is expected to deliver 600 tonnes per day of limestone from its quarry located adjacent to the processing plant.
There is rising demand for quarry aggregates, a key construction material, with the implementation of the Sabah Pan Borneo Highway project.

Long overdue! NTA RM0.13.! Now trading at 0.035 sen 10 times below net value!
Profitable and Net cash company ! Time to move!

Today’s increase in the price for Saudi crude for June – which generally sets the trend for the pricing for Asia of other Gulf producers such as Kuwait, Iraq, and Iran – was interpreted as a sign that oil demand may have started to pick up.

“The higher prices by Aramco suggest a recovery of demand and a hint that OPEC+ actually started to cut production in their aim to balance the market,” Hans van Cleef, senior energy economist at ABN Amro, told Bloomberg.

Most of the people bought at 29 to 32 sen.
Current 9 sen still ample room to move

Latest good news !

https://trib.al/mbLMRd8

Scientists at a California biotech company have found an antibody that completely blocks coronavirus in a discovery they called a 'cure,' Fox News reported.

It will spike further the oil price as the above discovery will speed up the economy recovery

Monday expects Sapura shares price jump!

Latest good news !

https://trib.al/mbLMRd8

Scientists at a California biotech company have found an antibody that completely blocks coronavirus in a discovery they called a 'cure,' Fox News reported.

Oil price continues it’s bull run !

Nymex closed at => $29.71 (+2.15) (+7.80 %)
Brent closed at => $32.84 (+1.71) (+5.49 %)
Bornoil also involves in O&G

Possible announcement can be new discovery on gold mining ,merger with Msia Mosaic ,limestone plant expansion, oil & gas ......merger & acquisitions.....

Closing at 3.5 with strong buying. Continue to rise coming Monday.

Good absorption! Though there were selling pressures but strongly taken up. Afternoon challenge 3.5-4.5

Borneo Oil Berhad is a Malaysia-based investment holding company. It provides corporate and management services. The company operates through four segments namely Head office and others, Fast food and restaurant operations, Management and operations of properties and Oil, gas, energy, and mining-related businesses. Its services consist of fast food and franchise, which include SugarBun and Pezzo Pizza, and gold mining. The company holds two mines comprising of Merapoh mine and Bukit ibam mine. In addition, it also conducts limestone mining operation which is located in Ulu Segama at Lahad Datu, Sabah.

Net value 13 sen. Now 3– 3.5, 10 times below value. High potential counter

Sell too early make you regrets. After that u will hv to buy back at higher price

Just the beginning. Hold tight. Big players keep accumulating. Could surge to 10sen and above

Yes. the shares price has been laggard far too long! But I believe strong uptrend is on its way! This counter trend is ,after few years, there will be a strong bull run. Now is the time!

Napoleon said "China is a sleeping giant. Let her lie and sleep, for when she awakens she will astonish the world." Similar enough to Bornoil

East Msia getting more important to federal government. More committed projects and promises to be fulfilled

All back to work. Market resume. Shares begin to move back to its actual value

NTA 13 sen. Market price only 2.5–3 sen. 10 times below net value. Very cheap . Buy now b4 too late

No worries. Coming soon

It starts to move. Hold tight!

It is the future that count. Covid 19 crisis makes Netx moves faster. All its projects are the most pressing and needed industries

Looking at the trend, Bornoil to move soon

After bull on gloves and masks, IT counters will be the most benefited counters amid covid 19 crisis. Act b4 too late

At that time, do not hv so many projects as it is now

If you know this counter for long, once run, will go sky high. It was once 13sen, jump to almost RM1..Don’t believe, check its movements history

Fiberisation is the only solution after MCO!

After bull on gloves and masks counters ,it is IT counters turns, Opcom, binacom ......and Netx ...high tight!

Bornoil involves in fast foods, property development, gold mining etc. Projects in progress such as limestone quarry operation, managing third party integrated lime stone processing plant, and installation of the cement clinker plant,advance technology on gold extraction.
Good cash reserve, current price much below NTA. Moreover, reliable market taiko Hap Seng and business tycoon Tan Sri Lau are the main shareholders, I strongly believe something big is coming. They are big players keep accumulating now!

https://mtaggroup.com/wp-content/uploads/2018/03/IntagCompanyProfile2016.9.pdf

Objectively and reasonable comments:

This counter is cash rich and fundamentally strong, more so with its industrial tapes and adhesive products under the brand name of 3M and Henkel,

It also offers complete range of industrial protective products including disposables, wipers and gloves, masks and respirators, hearing and protective eyewear which is selling like hot cake amid the pandemic covid-19!

Strong absorption power from morning till late afternoon! Spike high just a matter of time!

Very good closing. Last minutes took up almost all 42.5. Tomorrow will fly

Buy now! Strong moving is on the way!

After few days corrections, coupled with all gloves counters spike to next level high, time to break next resistance level 48.5

https://www.theedgemarkets.com/article/mtag-group-may-move-higher-says-rhb-retail-research
30/04/2020 1:51 PM

If you know this counter for long, you will know once good news announce, it will shot up like nobody business. Take note now, It begins to build momentum, Strong buying @2.5 sen.

Smart investors are accumulating. 2nd round is the geng one. Regrets if you don’t keep or buy now. Ha ha !

Why worry. A good and cash rich company!

MTAG, Cash rich company
On balance sheet strength, the Group’s gross cash holdings stood at RM31.4 million as at end-June 2019, which include cash and bank balances as well as fixed deposits with licensed banks.

On gearing, MTAG’s total borrowings, both non-current and current, stood at RM11.7 million in 4QFY19.

Therefore, the Group is effectively in net cash position prior to its listing, backed by net assets per share of 15 sen per share.

According to Calvin Tan research
At 0.43 sen, P/E only 6.9
At 0.70 sen , P/E :10
At RM1.03, P/E: 15
The company also involved in gloves, face masks , respirators,sanitizers, adhesive tapes etc

Tomorrow federal govt given green light to almost all business sectors to open, though some states delay a bit of time, but will open sooner or later. Good news to all sectors!. It helps to spur the company performance

MTAG current price is 30% below market fair value . It should be 0.60 and above

With the PM announcement at 11am just now, almost all business sectors will resume their operations this coming Monday on conditions to follow strict SOP. All bosses now rushing for 3M adhesives tapes, masks , gloves , sanitizers etc to prepare for the long awaited opening. MTAG products will be selling like hot cakes!

It is almost a year now fr the above June 2019 report. With the gold price shooting up fr US 1200 to US 1700 and more in view of the current financial crisis , I believe it is more viable and profitable now for the management to speed up the exploration. Soon Bornoil will be another market star!

Just read the Jun 2019 financial report, “on a positive note, the division’s exploration team had yielded encouraging results on the gold exploration conducted at Bukit Ibam, Pahang with inferred reserves of 1.8 metric tonnes of gold. Initial findings covering an area of about 1.98 hectares out of a total of 187 hectares in the tenement showed that the indicated gold grade is about 1.08 grams of gold per metric ton with a total probable gold reserves of about 550 kilograms. The Management is evaluating all options available for optimal production arrangements to extract the gold ores which will contribute positively to the Group in the foreseeable future.

Bornoil has been in gold mining for quite some years. Now gold price escalating to high level, if there are good news on gold mines new discovery, I believe share price will shoot up like nobody business

MTAG Group Bhd is a Malaysia-based converter company that offers labels and stickers printing and customized converting services. The Company is also engaged in distributing industrial tapes and adhesive products under the brands 3M and Henkel. The Company’s wholly owned subsidiaries are Toyo Sho Industrial Products Sdn Bhd, Intag Industrial Supplies Sdn Bhd and Intag Steel. Toyo Sho is an integrated manufacturer specialized in label supplies. Intag Industrial offers wide variety of industrial consumables, such as tapes, die-cut, adhesives, static controls, carrier and cover tapes, cleanroom supplies and abrasives. It also offers complete range of industrial protective products including disposables, wipers and gloves, masks and respirators, hearing and protective eyewear. Intag Steel is specialized in providing a range of steel products with the inclusion of ferrous metal and non-ferrous metal for various application in different industries