Firewall I’d a same view with u assume . Previously with have a daily show pump ( trading session reached 5c ) n dump ( closing with lower 4 c / back to square at 4.5 c ) . But tis round , I more agree with
Cojack31 Anything can happen. Wait n c 27/09/2019 7:03 PM
Monitor further n c which every stock / sector has cyclical rebound turn to soar .
Kelihatan seperti naik dari RM0.04 ke RM0.05 (+RM0.010 +25%) sebenarnya hanya +RM0.005 +11% kerana range harga adalah 4W = 0.04-0.05 dan 1Y = 0.04-0.06 sementara kekerapan harga pada 0.045. Jadi boleh dianggap kenaikan dari 0.045 ke 0.050. Walau bagaimanapun memandangkan volume yang begitu banyak, ini mungkin petanda baik. Mungkinkah akan naik lagi pada Isnin? Sempat lagikah untuk membeli pada 0.045 pada hari Isnin? Tunggu dan lihat! Berani beli tambah? [Melabur risiko sendiri]
Omg! You hold the stock from 1997??? In this case mean the shareholders will not get anything by holding this stock. What have they offer the shareholders so far???
Oh no, China take over Hong Kong @ 1997. Nowadays China going celebrate it's 70th national day by 1st Oct but Hk still very kelam-kabut meanwhile bornoil share price remain huru-hara? Frida sapu 4.5 c. Today buying 5 c. 2molo 5.5 c..............
Proposed Renewal of Authority to Buy Back its own shares by the Company
“That authority be given to the Company to buy back an aggregate number of shares in the Company (“Authority to Buy Back Shares”) as may be determined by the Directors from time to time through Bursa Malaysia Securities Berhad upon such terms and conditions as the Directors may deem fit and expedient in the best interest of the Company provided that at the time of purchase, the aggregate number of shares which may be purchased and/or held by the Company as treasury shares pursuant to this resolution does not exceed ten percent (10%) of the issued and paid-up share capital of the Company and that the maximum funds to be allocated for the Authority to Buy Back Shares shall not exceed the latest audited retained earnings of the Company; THAT the shares purchased by the Company pursuant to Authority to Buy Back Shares may be dealt with by the Directors in all or any of the following manner:
(a) distribute the shares as share dividends to the shareholders; or (b) resell the shares or any of the shares on Bursa Malaysia Securities Berhad; or (c) transfer the shares or any of the shares for the purpose of or under an Employees’ Shares Options Scheme; or (d) transfer the shares or any of the shares as purchase consideration; or (e) cancel the shares or any of the shares; or (f) sell, transfer or otherwise use the shares for such other purposes as allowed by the Companies Act 2016.
It's form symmetrical triangle bearish pattern 2015-2017 period with support of 10 cent broken.So that y it's drop so sharply till 4 cent.So it may 3-3.5 cent as buying signal.U read chart,u should know.
Next Q results....may determine the fate of Bornoil. Changed financial period, sizeable non trading profits..EsoS provisions....whats next?? God willing, strike Gold Jackpot in their gold mines..Day Dreamer..
Idiot Company, they stopped reporting their gold production report. Btw it appears their gold mining prospects have gone under mud n water. Australia miner partner sold all their shares?? in Bornoil oredi. One of BO Main profit catalyst prospect has gone. Do conman job...artificially push up price and then sell off. Staff burnt with their ESOS hopes?
All Bornoil directors scored 5/5 attendance for BO meetings?? "Eat “teh and kuih " and sign the *Attendance Sheet*.” eh? Should they be paid a very high salaries which did no commensurate with the performances of BO? Pls attend AGM to seek clarifications on the directions of BO from the MD himself. TQ
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
firewall9301
419 posts
Posted by firewall9301 > 2019-09-27 18:25 | Report Abuse
Unless Bornoil strikes a rich gold vein in their unreported Gold production ventures.