Moneycollector, I fully agree. Hence, I try my best to avoid responding. Otherwise, the forum will be too full of sh*t to read.

bro Icon, just publish. Whether people accept or not is not your concern and not under your control. All are adults here and should behave as such.

soon9913 has got a point. The inventory as of October is 25.3kg at RM161k per kg, i.e. RM4.1m. However, inventories value showed RM10.3m in the qtrly rpt for end-Oct. Seems like way off.

Agreed. If don't buy now then wait till 25 sen only buy?

Most importantly is the fundamentals of the company is improving while price isn't (at least for now) and that give us all the chance to buy more at cheaper price.

Buy queues are surging like crazy against sell queues! Mkt is finally standing up to notice the price anomaly.

http://www.cnbc.com/2016/02/28/heres-how-to-play-gold-technician.html

Give you a LIKE! ktsk88 :)

ktsk88, yes anything but OIL. The name already doesn't make any sense and the stock price already following this nonsense.

ktsk88, actually I welcome the price to go lower because it'll continue to flush out all impatient holders. I hope to buy more at lower price because at current it is already not making sense to sell. If go lower, it'll be too low to ignore.

paperplane & YOLOOO, are you guys prepared to buy as long as the mkt sends the price lower? I guess it'll get clearer if we shd continue to buy after few more mths of production figures.

14 sen is good deal considering ESOS is at 13 sen.

YOLOOOO, you could be right because their Ores Mined in the latest mth seems higher than 22MT. If based on 1MT per day, they can only get 22k-23k MT. This round it was closed to 26k MT.

I wished they'd look into changing their company name. The word "Oil" gives an impression that the company is in the O&G industry which is totally wrong. It should be Borneo Mining or Borneo Gold, anything but Oil.

Hope to go to the AGM and make a suggestion to change the company name.

Can't believe it closed at 14 sen today. Either ppl don't see the value or they wanted quick gains and are tired of waiting. Looking at the production figures announced today, I'm becoming more optimistic of its prospects.

This result is only from their Batu Yon site (~162ha). The 2 new sites, Hulu Jerai (~203ha) & Keratong (~1200ha), are yet to be in operation.

So, their production results now only cover about 10% of their total mining area. Though still a "BIG IF", can you imagine the vast potential if the 2 sites pass the preliminary exploration studies?

YOLOOOO, I doubt they've started mining activities in the new sites because the ores mined is still between 18-22 MT per mth which is about 1 MT per day (as stated in the abridged prospectus). If mining already started in the new sites, we should see ores mined a lot more than 22 MT per mth.

YOLOOOO, where did u read from that they failed to fibd gold at the new sites?

http://bursadummy.blogspot.my/2016/02/tek-seng-turning-table-around.html

JNG9678, do u mind sharing how you projected FY16 net profit to be RM90m? TQ.

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Posted by JNG9678 > Feb 15, 2016 06:34 PM | Report Abuse

Assumption PVC biz NP maintained, one year of 2016, NP projects to be RM90M minimum!
Assumption after PP plus W-conversion, total Ah Seng 380M shares.

The whole year 2016 EPS will be 23.6 cent!
TP exit 2016 as below:
PE 10: price ~2.36
PE 15 : price ~3.5

Good luck to all of you ! Keep collecting

Ameera, bornoil is going into gold mining in a big way.

Here is a 3-page article which was published in this week's Focus Malaysia Biz Paper.

Page 1
https://drive.google.com/file/d/0B6sZu8jKfBwcRlpTMDJpcjR4NUE/view?usp=sharing

Page 2
https://drive.google.com/file/d/0B6sZu8jKfBwceVl2VVBkQmtQbDA/view?usp=sharing

Page 3
https://drive.google.com/file/d/0B6sZu8jKfBwcT0xXLXpTemRhdE0/view?usp=sharing

To all fellow Vivocom investors, Gong Xi Fa Cai and may this new year brings more profits for us all!!

Skunk, u r really a piece of work...creating all these IDs and chatting with urself...I really salute u man!

I think we have a serious case of a nut job escapee from Hospital Bahagia.

myview, u can't seem to resist responding to this SKUNK and he is just deriving pleasure in taunting u. Ignore him pls. Just report abuse will do.

Agree with littlebull...just freaking ignore those freaks laa. What for wanna "pollute" the forum with so many unproductive comments?

Demotedloveangel, thks. So far ur rumours hv been spot on.

@Michelle, share buyback reduces the total outstanding shares in the hands of shareholders. It also does provide some support the share price in the short term. EPS will also "improve" (more like manipulated) due to reduced outstanding shares.

Chk out the mining figures for Dec. LDMA gold at 370kg? That's worth 50m++

For your reading pleasure...

http://malaysiafinance.blogspot.my/2016/01/my-views-on-instacom.html

hahaha....ccdev, i like ur story...funny.

@myview....hahaha, i like that name skunk....looks like skunk still on leave and miserable....

This guy must be on leave and feeling miserable with nothing better to do...hahaha

zbai kia...ya la i got burnt in hibiscus by not earning enough, just 13k only...u probably made a lot more i guess...

zbai kia, ooo digging up my previous posts? u missed ur match made in heaven is it? haha...talking like u know a lot abt me...pls la focus on ur little knowledge on stocks better la...pitiful fella.

zbaikia...talking like pro...but deep down i think u r one low self-esteemed guy seeking the little attention that u can get, 33 post on a Sat? seriously? kesian...

No such rule to annouce the placee details unless 1 placee owns 5% of the enlarged share base or more.

myview, whatever the reasons may be....screw him la...don't waste ur time.

don't entertain zbai la...he is hvg a good time screwing with u guys' minds.

ktsk88 & myview, ignore zbaikitree la...not worth your time & energy. There'll always be low self-esteemed ppl seeking to make themselves feel good. Haha.

Oh bought back almost 73m shares today.

Waooo, today bought back even more shares at 28m. I like. Better to mop up all excess shares out there. Then only the price will move upwards.

Diam la calvintaneng.....cheater of pmcorp

Research report gives good info but we still hv to be mindful if they r truly facts or twisted to be facts. Nevertheless, I'm still holding for now.

All, I paste Instacom's IR reply here again...


Nov 18, 2015 01:00 PM | Report Abuse

Reply from Instacom's investor relations to my email to them.

========

Thank you for your enquiry and your interest in our Group.

With regards to Bernama’s statement, we believe we have clarified this in our latest press release last week. The 1.9 billion are projects in the pipeline i.e. projects that we have tendered for and are currently awaiting outcome. We believe Bernama has since amended their website upon our notification.

We hope we have clarified your query.

Why7788, check the XOX announcement in Bursa website...it says listing on 23/11 but that doesn't mean those holders will let go la.

then on Monday, another 190m shares will flood the mkt.

richkid, results r out but...nothing super also.

http://www.bursamalaysia.com/market/listed-companies/company-announcements/4926421

I still remember back then RHB was giving sensational revenue projections but they r just that...the rest is history.

Thanks dfsbipohsch. Analyst reports are good to know but can never be trusted 100%. The summarized info can certainly be useful though.

Reply from Instacom's investor relations to my email to them.

========

Thank you for your enquiry and your interest in our Group.

With regards to Bernama’s statement, we believe we have clarified this in our latest press release last week. The 1.9 billion are projects in the pipeline i.e. projects that we have tendered for and are currently awaiting outcome. We believe Bernama has since amended their website upon our notification.

We hope we have clarified your query.