Posted by Ameera > 2020-02-17 09:48 | Report Abuse

Sure? I have been buying at 0.045 but never fly...
When will be the right time to go in??

Posted by Valgrovest > 2020-02-17 16:36 | Report Abuse

Latest qtr results expected to be out soon - before end of this month. Hope it is improving.

Posted by Cojack31 > 2020-02-19 08:06 | Report Abuse

Yesterday big volume..hope today price will up

Posted by Ameera > 2020-02-19 08:30 | Report Abuse

Will up to 0.045 .. that’s the max

Posted by Sales > 2020-02-19 13:59 | Report Abuse

Hold this for years since 2016. Price will not go up. Cut half and go to NETX. Just my two cents worth.

Posted by Valgrovest > 2020-02-19 16:24 | Report Abuse

Makes sense. Sell some to invest in other counters that have growth potentials. This elephant is too heavy to move an inch!

Posted by Cojack31 > 2020-02-19 17:25 | Report Abuse

Yes.useless counter. Dunno who want to buy 10% share for limestone project. After announcement also nobody push up..

Posted by Ameera > 2020-02-19 17:41 | Report Abuse

Stupid counter!!!

Posted by Valgrovest > 2020-02-19 19:33 | Report Abuse

Looks like we have to wait for quite some time for the saving grace to happen i.e. the completion of the limestone plant and the commencement of the new business (2Q20?). Meanwhile hope to see some improvement in the latest qtr result - to be released latest by 28FEB20.

Posted by Cojack31 > 2020-02-19 20:52 | Report Abuse

Just relax. Download stock hunter app.. maybe can get some info there

Posted by Cojack31 > 2020-02-20 08:36 | Report Abuse

Be positif. Heavy like elephant also can move . Waiting the right time. Stat tune

Posted by Cojack31 > 2020-02-20 08:37 | Report Abuse

Exp. Iris..armada.

Posted by Cojack31 > 2020-02-24 18:10 | Report Abuse

Boom..bommm. market down . Political issue. Bornoil become 0.04. Suppose bornoil become like asb ..fly2

Posted by Ameera > 2020-02-24 18:12 | Report Abuse

Borniol .... patah sayap!!!!

Posted by Cojack31 > 2020-02-25 12:31 | Report Abuse

Bornoil .afternoon will fly..get ready

Posted by Ameera > 2020-02-25 12:54 | Report Abuse

Do not be so excited... will not fly...
The most is 0.045 only...

Posted by FoolsGold > 2020-02-25 13:38 | Report Abuse

Posted by Sales > Feb 19, 2020 1:59 PM | Report Abuse

Hold this for years since 2016. Price will not go up. Cut half and go to NETX. Just my two cents worth.

hey ! I recognise you, the NETX sales promoter, when can I get my money back ?? follow your sales pitch, jump in at 2 sen, that was 8 mths back !

Posted by Valgrovest > 2020-02-25 17:02 | Report Abuse

Terrible performance. Down to its lowest level. Last minute sellers just threw 2 million shares at 3.5 sen (new low or lowest so far). No share buy anymore by company or management must be sleeping over their job.

Posted by Valgrovest > 2020-02-25 23:21 | Report Abuse

I think I will sell down my holding and switch to other counters that provide better performance/return.

Posted by Cojack31 > 2020-02-26 06:59 | Report Abuse

If losses not much.better switch.. others losses more than 50%. Just wait.hopping the miracle. Limestone is hopping. .

Posted by Valgrovest > 2020-02-26 08:01 | Report Abuse

I think the present management is not competent enough or not doing much to improve the performance of this company. It is about time to let the people from C K Lau / Hap Seng to come in and manage. I have full confidence in C K Lau.

Posted by Cojack31 > 2020-02-26 13:39 | Report Abuse

Yes.lLook cureent bosses not qualified. Should resign.

Posted by Valgrovest > 2020-02-27 17:56 | Report Abuse

The latest qtrly result (OCT-DEC2019) has been released today. It is indeed a relief to see the company achieved higher revenue and higher net profit (albeit not substantial) compared with the last quarter (I was worried they were going to incur another quarter of loss). At least they have now shown 4 consecutive quarters of profits indicating a firm turnaround. One of the main contributing factor is their new limestone plant/factory which is reported to have started generating revenue. Expect share prices to perform better from now on.

Posted by Valgrovest > 2020-02-27 17:58 | Report Abuse

An extract from the Notes to the Account (Note No. B1) below:

The Group‟s profit before tax of RM0.53 million for the current quarter was higher by RM1.82
million as compared to a loss before tax of RM1.29 million for the corresponding quarter. This
was mainly due to the turnaround from the Oil, gas, energy and mining related businesses
segment derived from the limestone activities.

Posted by Valgrovest > 2020-02-27 23:24 | Report Abuse

https://www.thestar.com.my/business/business-news/2020/01/20/borneo-oil-the-main-supplier-to-lahad-datu-limestone-plant

Posted by Cojack31 > 2020-02-28 05:51 | Report Abuse

Positive info. Yesssza. Fly..fly high

Posted by simple091 > 2020-02-28 11:08 | Report Abuse

Good result, no effect

Posted by Valgrovest > 2020-02-28 12:00 | Report Abuse

simple091, too bad whole market sentiment is weak. Actually this provides an opportunity to accumulate more at lower prices. I am queing at buyer price and waiting for sellers to throw.

Posted by tkl88 > 2020-02-28 15:17 | Report Abuse

QR has been out !
SUMMARY OF KEY FINANCIAL INFORMATION 31 Dec 2019

CURRENT YEAR QUARTER 31 Dec 2019
Revenue 29,173,000 (29 million ringgit)
Profit/(loss) before tax 534,000 (534 thousand ringgit)
Profit/(loss) for the period 524,000 (524 thousand ringgit)

Posted by densim > 2020-03-01 11:13 | Report Abuse

Bornoil have 4 main biz segments...1) Fast Food...2) Gold Mining...These 2 should be matured & contributing by now...3) Bio Char manufacturing....Reported last quarter that the pilot plant is completed. There was no further report, interesting wonder what happened ?....
4) Limestone, this in the near future will the the Darling for BornOil. Reported the plant to start production in June...6,000MT per mth. This volume is small, wonder if there is any report on future incremental production...?...

Posted by Ameera > 2020-03-01 11:36 | Report Abuse

Borniol will sleep for another 2 years the least...

Posted by Valgrovest > 2020-03-05 18:49 | Report Abuse

Bornoil management sleeping again...?

Posted by Valgrovest > 2020-03-05 19:01 | Report Abuse

What happended to the share buy back by company? Why stopped?

Posted by bone > 2020-03-06 07:00 | Report Abuse

major shareholder dumped

Posted by Valgrovest > 2020-03-06 07:33 | Report Abuse

Wonder who is buying........

Posted by Valgrovest > 2020-03-06 09:08 | Report Abuse

Nobody seems to see or value this counter, NTA 13 sen !

Posted by Valgrovest > 2020-03-06 10:00 | Report Abuse

However, can see someone quietly and happily collecting at 3.5 sen. Already 11.2mil done - all at seller price. Something must be brewing in this counter.

Posted by Peter2357 > 2020-03-06 10:12 | Report Abuse

l bought some at 3.5 cts this morning to average down cos I already enter at quite high price of 6cts

Posted by Peter2357 > 2020-03-06 10:14 | Report Abuse

actually 6 cts us still ok based on its NTA of 13cts n also it is controlled by Tan Sri Lau ,boss of HAP SENG to

Posted by Peter2357 > 2020-03-06 10:16 | Report Abuse

Latest news Tan Sri Lau is still the 10 richest Malaysian tycoon

Posted by Valgrovest > 2020-03-06 11:00 | Report Abuse

Yes, just wait for their limestone production to start and Tan Sri Lau to move this counter.

Posted by Cojack31 > 2020-03-06 11:20 | Report Abuse

Hope so.. if not die..die lorrr

Posted by Valgrovest > 2020-03-06 12:02 | Report Abuse

Prospect looks better - all the sell at 0.035 eaten up very fast. Someone accumulating.

Posted by Ameera > 2020-03-06 12:04 | Report Abuse

Even at 0.04 will eat very fast.. nothing special with this.
They just swollen and up max to 0.04 only

Posted by Peter2357 > 2020-03-06 12:25 | Report Abuse

haiyoh...I only buy 50 lots at 3.5 cts but I also buy some WD at 1.5 cts due on 2027

Posted by Peter2357 > 2020-03-06 12:27 | Report Abuse

accumulate for long term

Posted by Valgrovest > 2020-03-06 19:10 | Report Abuse

Today the company re-started their share buy back again. Good .

Posted by FionaJudith > 2020-03-09 17:23 | Report Abuse

accumulating stage

Posted by Valgrovest > 2020-03-09 18:56 | Report Abuse

Today company bought back another 3.4 mil shares. Good job, Bornoil. Happy to see that they are strongly supporting their share price under the current turbulent time.

Posted by Ameera > 2020-03-09 19:48 | Report Abuse

They alway buy back