I'm also wondering why conversion from RM1 ICUL to RM0.355 shares..
Any experts can share their view?

All bros, there is no absolute answer one. If you don't like gold investment or gold trading due to it is high risk, pls stay away from this counter. As the share price might be collapsed if gold price drop.
There is nothing wrong if someone foresees gold price will be up further in near future and top up more shares.

Anyhow, I have made my profit as I don't like gold investment. the revenue of latest quarter is already more than 5.5x of this newly discovered gold reserve.

Decision is yours. Huat ar!

Vincent has not collected enough share and will not let the share price up one.

wait and see the launching day for more details ...

buy on weakness?

do your homework and don't just follow blindly. surely die la if follow blindly as ppl turn left but u hit wall. thinking is very important mar.

wait n c next week

bonus issue

i sold mine. take care dude!

why you think the share price will drop instead of up tomorrow? :)
Gold price is trending up now.

paperplane, what is your tp to sell?

Yeoh left the company?

slow and steady

0.185 is just nice. break 0.19 may attract question from bursa :)

haha Perhaps someone run out from there
https://en.wikipedia.org/wiki/Tanjung_Rambutan

Hmm.. he must be a retrenched employee from vivocomm..

You r totally right, Warren Buffet

don't bother person who always spread negative news without facts support.
Peace your mind and concentrate on your investment better.

Share price of another gold mining company at recorded high
http://sgx.i3investor.com/servlets/stk/5tp.jsp

Icon, have u sold you share or still hlding?

leechen, are u serious or just kidding?

cant see anything from the quarterly report. The revenue increased by 100times but only short explanatory note given by the management.

revenue is crazy. but profit margin is very slim...

anyone attended the AGM today?
Really appreciate if you could give some updates.

price looks attractive now.
hmmmm

wait the quarter result to be out this month

really hit 70 mil wo

im holding this share quite some time before the share split

mean sell call?.

I think today can reach.. now 10am already 38mil

Is it 75% voting rights needed to get this proposed acquisition approved? ..

Quarter end

rumours says misc might take over this counter?

see how the inventory level this month

the oversold is temporary. waiting to collect below 70 cents.

leno boss, inventory is gold le

inventory can convert to cash anytime as it is gold bar.... RM90mil translate to 4cents per share

don't rush for sell. take the div first ex 1.4

I'm wondering why they utilized so much of bank overdraft although tones of cash in hand ?...

in fact keep gold is better than keep RM. what if the gold warehouse kena rob one day ?... hmmm..

Wah! finally 15cents :))

Bornoil used part of the right issue money to buy back its share..

I guess is the proceed received from right issue

The purpose of the right issue is not to buy gold for trading.
Fund raising is for mining and fast food chain expansion and balance for future oppotunities. Pls refer to the prospectus for more info .

Icon , don't bother him la. This kind of ppl always see small black dot on big white board one .

Dear Paperplane, forum is a place where for discussion and sharing. Pls give positive comments instead of keep criticising writers who put their efforts and share the info with us.
Criticising and attacking other writers does not help forumers to have better understanding of business and financial of the company.

Icon, your assumption is pretty cool. But I don't agree as I don't think it is as simple as that .

Result will be out this month .. let see how the market react !

icon is welcome. I like reading your articles !

That's exactly the point.
The info in quarterly report is too general n superficial as it does not contain the info ie gold produce n sold.