BORNEO OIL BHD

KLSE (MYR): BORNOIL (7036)

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Last Price

0.005

Today's Change

0.00 (0.00%)

Day's Change

0.005 - 0.01

Trading Volume

1,700,600


34 people like this.

30,265 comment(s). Last comment by BE_GREEEEEDY 1 day ago

stan5617

48 posts

Posted by stan5617 > 2019-12-16 16:41 | Report Abuse

sohai br bli

Cojack31

1,673 posts

Posted by Cojack31 > 2019-12-18 13:23 | Report Abuse

Any update egm meeting today?

densim

284 posts

Posted by densim > 2019-12-20 12:55 | Report Abuse

hopefully the new contracts to be awarded in 2020 for the Pan Borneo Hg Way will have great material effect on BorOil...ie supply of construction aggregates...This counter will FLY....

sallehch

44 posts

Posted by sallehch > 2019-12-20 17:44 | Report Abuse

long time tak berubah. Hopefully 2020 amazing.

densim

284 posts

Posted by densim > 2019-12-21 12:45 | Report Abuse

any info on the AGM...?..

willc48

722 posts

Posted by willc48 > 2019-12-24 22:29 | Report Abuse

All these directors playing insider trading but SC & Bursa buta.

Ameera

2,921 posts

Posted by Ameera > 2019-12-29 10:24 | Report Abuse

Only insider and director play..

Jeffreyteck

4,247 posts

Posted by Jeffreyteck > 2019-12-31 23:06 | Report Abuse

Ask for $$$ via pp, this is the best thing the management knows. Also, ...Borneo Oil said it has granted a total of 747.97 million ESOS options under this existing ESOS, representing approximately 14.56% of the total number of 5.14 billion Borneo Oil shares (excluding 201.58 million treasury shares), at the exercise price of 9 sen per option, as at Dec 11.... real joke 9 sen.

bone

968 posts

Posted by bone > 2020-01-01 13:02 | Report Abuse

More and more shares issue through private placement and new ESOS, amazing hahahaha

Jeffreyteck

4,247 posts

Posted by Jeffreyteck > 2020-01-02 07:59 | Report Abuse

No one will exercise esos at 9 cents now as this is just for show and try to con innocent. TP 4.5_5.5 unless results improve or speculative play as fundamentals remains weak till require private placement.

W1S3

106 posts

Posted by W1S3 > 2020-01-02 09:01 | Report Abuse

Question, if lay man knows that this share is not worth it. Who are the 3rd party PP payers?

bone

968 posts

Posted by bone > 2020-01-02 10:29 | Report Abuse

They need money for their limestone business , tats y use PP to quickly get it up and running. They blow trumpet say they are the only cement and first supplier in sabah foresee a lot of demand coming bcoz or pan borneo.. who dare to whack in more to bet if their “prediction” is true? Maybe share price can 200%

Posted by Sioksiok19 > 2020-01-02 12:37 | Report Abuse

Better prospects ahead with the new limestone business targeted for commissioning early 2020.

Jeffreyteck

4,247 posts

Posted by Jeffreyteck > 2020-01-03 10:48 | Report Abuse

From gold to limestone. May be later on is diamond. Anyway is good for goreng as fundamentals = 0 as past reflected the truth. Trading opportunities exist just wait for its turn. TP 0.045_0.06.

densim

284 posts

Posted by densim > 2020-01-04 21:16 | Report Abuse

BorOil has bought some Quarry Leases....These aggregates are used for road construction, cement production etc.. If true BorOil would have exponential growth....MFCB is an example...

Sales

3,272 posts

Posted by Sales > 2020-01-06 11:27 | Report Abuse

No more gold, now go to limestone????

bone

968 posts

Posted by bone > 2020-01-06 23:38 | Report Abuse

where is their gold

Woodswater

3,778 posts

Posted by Woodswater > 2020-01-08 15:31 | Report Abuse

They accidentally changed their gold i;to limestone. Now somehow con another new badge newbies to print mire duit to dig fir limestone by ESOS.

moniekj

1,037 posts

Posted by moniekj > 2020-01-09 21:13 | Report Abuse

You want CNY angpow?
Go grab Emico. Tomorrow at least 5 sen gain and hope for 4 years once 20 sen gain.

Sales

3,272 posts

Posted by Sales > 2020-01-10 20:45 | Report Abuse

Hi newbie! With this price, you can try NETX counter. Just my two cents worth.

m_faiza1

556 posts

Posted by m_faiza1 > 2020-01-20 08:59 | Report Abuse

I did monitor this counter, mostly everyday share buy back by company. Now make sense, what is the plan.

m_faiza1

556 posts

Posted by m_faiza1 > 2020-01-20 15:09 | Report Abuse

2020 is year to shot up...

densim

284 posts

Posted by densim > 2020-01-20 15:54 | Report Abuse

no report on the Bio Char factory on the above link..

densim

284 posts

Posted by densim > 2020-01-20 16:07 | Report Abuse

the limestone schedule due to start mid 2020...reported in Star tday...This will be a new superstar...

Cojack31

1,673 posts

Posted by Cojack31 > 2020-01-21 09:12 | Report Abuse

Yessza

Cojack31

1,673 posts

Posted by Cojack31 > 2020-01-24 13:22 | Report Abuse

That y bornoil start collected share everyday. Maybe they will push the price up

Posted by Sioksiok19 > 2020-01-29 09:50 | Report Abuse

The company has been buying back its shares consistently, meaning it believes its shares are grossly undervalued. Once its new limestone factory starts operation (expected to be soon), we should expect to see its share prices moving up very fast. It has been holding very well at the current level. Don't forget this is part of the larger Hap Seng group.

Cojack31

1,673 posts

Posted by Cojack31 > 2020-01-29 19:54 | Report Abuse

Hap seng still got bornoil share??

Posted by Sioksiok19 > 2020-01-29 20:19 | Report Abuse

Of course, they are controlling shareholder - shares held under Hap Seng Insurance, Lei Shing Hong Ltd, etc. It is in the Annual Report.

LIST OF TOP 30 SHAREHOLDERS AS AT 30TH SEPTEMBER 2019 ***
NO. NAME NO. OF SHARES %

1 AFFIN HWANG NOMINEES (ASING) SDN BHD 1,289,408,250 24.98
(Pledged Securities Account for Lei Shing Hong Securities Limited)

2 RHB NOMINEES (TEMPATAN) SDN BHD 273,000,000 5.29
(Pledged Securities Account for Hap Seng Insurance Services Sdn Bhd)

3 KENANGA NOMINEES (TEMPATAN) SDN BHD 171,279,500 3.32
(Pledged Securities Account for Lim Nyuk Sang @ Freddy Lim)

4 ALLIANCEGROUP NOMINEES (TEMPATAN) SDN BHD 109,759,200 2.13
(Pledged Securities Account for Victoria Capital Sdn Bhd)

5 KENANGA NOMINEES (TEMPATAN) SDN BHD 77,727,000 1.51
(Pledged Securities Account for Chong Mee Fah @ Frederick Chong)

Ameera

2,921 posts

Posted by Ameera > 2020-01-29 20:40 | Report Abuse

Wow.. so much buyback!! When only will move.. alway at 0.04 - 0.045...

valensi88

188 posts

Posted by valensi88 > 2020-01-30 22:57 | Report Abuse

This is interesting. Keep buy back since last year.

Cojack31

1,673 posts

Posted by Cojack31 > 2020-01-30 23:50 | Report Abuse

Waiting...waiting..

apolloang

18,163 posts

Posted by apolloang > 2020-01-30 23:50 | Report Abuse

wait like his bro pworth ar? hahaha

Posted by Sioksiok19 > 2020-01-31 17:25 | Report Abuse

Today's share buy back increased in volume (2.0m shares). Hope they continue to maintain the momentum.

Ameera

2,921 posts

Posted by Ameera > 2020-01-31 21:18 | Report Abuse

Very stable counter!

sensonic

690 posts

Posted by sensonic > 2020-01-31 21:21 | Report Abuse

OUR MARKET SO STRONG ,GLOVES RALLY WILL CONTINUE NEXT WEEK ?

Cojack31

1,673 posts

Posted by Cojack31 > 2020-02-03 08:55 | Report Abuse

Fly..fly..fly

Valgrovest

1,237 posts

Posted by Valgrovest > 2020-02-07 18:11 | Report Abuse

Seems cannot fly ....wings clipped by syndicate...

Ameera

2,921 posts

Posted by Ameera > 2020-02-10 20:14 | Report Abuse

No more Wing

Cojack31

1,673 posts

Posted by Cojack31 > 2020-02-11 16:42 | Report Abuse

Will fly soon. .be patient

Ameera

2,921 posts

Posted by Ameera > 2020-02-11 21:26 | Report Abuse

Have to wait till 2025...

Sales

3,272 posts

Posted by Sales > 2020-02-14 10:38 | Report Abuse

This is my worst counter, kept this stock since 2016. Lost more than 70%. Already cut some and shift to Netx. Just my two cents worth.

Kenny

298 posts

Posted by Kenny > 2020-02-14 10:57 | Report Abuse

$ stucked in this counter since June 2017 @ RM0.115.
During 2017 - 2019, Had bought in quite a lot during its way down to 0.05.
Only service charges incurred is quite a significant amount.
It is now stuck at RM0.04 - 0.045.
Really dunno how long time it need to move back upwards.
I dun expect to earn too much from this counter.
IF got chance to get back my amount invested, it is really perfect already.

Valgrovest

1,237 posts

Posted by Valgrovest > 2020-02-14 20:07 | Report Abuse

Lets us be more positive and hope it will recover and goes up once their private placement exercise is completed and the new limestone plant in Lahad Datu, Sabah starts commissioning (which they announced will be soon and part of the private placement proceeds is for the plant).

Valgrovest

1,237 posts

Posted by Valgrovest > 2020-02-14 20:10 | Report Abuse

Proposal for private placement & ESOS submitted to Bursa today. See below:

MULTIPLE PROPOSALS

I. PROPOSED PRIVATE PLACEMENT OF UP TO 10% OF THE TOTAL NUMBER OF ISSUED SHARES OF BORNOIL;

II. PROPOSED TERMINATION OF EXISTING EMPLOYEES' SHARE OPTION SCHEME ("ESOS") OF THE COMPANY; AND

III. PROPOSED ESTABLISHMENT OF NEW ESOS

(COLLECTIVELY, THE "PROPOSALS")

On behalf of the Board, UOB Kay Hian wishes to announce that the listing application in relation to the Proposals has been submitted to Bursa Malaysia Securities Berhad on 14 February 2020.

Ameera

2,921 posts

Posted by Ameera > 2020-02-14 20:19 | Report Abuse

Good or bad??

Valgrovest

1,237 posts

Posted by Valgrovest > 2020-02-16 22:12 | Report Abuse

Definitely good especially the new limestone plant. It will be the first and only limestone plant in Sabah, if I am not wrong, and limestone is partly for production of cement. The construction of the Pan Borneo Highway will be a catalyst for cement production.

Cojack31

1,673 posts

Posted by Cojack31 > 2020-02-17 07:10 | Report Abuse

Hope today will fly ..fly

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