Don’t worry. After small correction and collecting those non patient investors , will run further! Don’t act like small baby. Small correction keep crying
No. I think Management sleeping again. No share buy back to support prices too..Needs C K Lau to kick them out and change new and more capable management?
This round ESOS specially issued to all top management. This means the board try to benefit the company top people with lower price. Imagine if no good news, top management people are insiders, do you think they wants to cough out their blood sweat money to buy? Sure good news are along the way !
Aint ESOS are issued to employees essentially to boost loyalty and staff retention!! The last ESOS, has to be cancelled when Bornoil shares dives. These don't auger too well to the confident of the employees as well as small time investors.
BornOil WC 5 years maturity from NOW and exercise price is 7 sen. CAN consider at this price if Bornoil has the potential to strike above 8 sen. More than double the price of current Mother share.
thanks for ur reply @firewall9301. Emmm, ur latest statement is contradict wit ur previous sharing. anyway in the past their ESOS launched at 9sen whereby market 7-8sen. but performance is headache/disappointed.. hope this time got improvement
I think once ESOS is done and new limestone factory is commissioned, its share prices will slowly go up. Infact there appears to be much large accumulations going on....
7036 BORNOIL BORNEO OIL BHD General Meetings: Notice of Meeting 52047 Indication: Notice of Meeting Description: Borneo Oil BerhadNotice of Extraordinary General Meeting in relation to the Proposed New ESOS which will be conducted through live streaming , Virtual Meeting from the Broadcast Venue as indicated below. Date of Meeting: 05/06/2020 Time of Meeting: 11:00 AM Venue: Lot 27, Jalan Kolam, Luyang ,88300 , Kota KinabaluMalaysia Date of General Meeting Record of Depositors: 29/05/2020 Outcome of Meeting:
Revenues down 13.3% from 22.737mil to 19.722mil Gross Profit down 2.54% from 7.237mil to 7.058mil Income from profit 502K to loss of 413k Bank Balance Increase 40.3% from 3.323mil to 5.57mil
report not touch about gold performance at all when the market price is skyrocket.. Wat the heck is going about this sector performance which they used to sembang kuat. Too much sweet talk from their management, so becareful if want to invest..
What I can say, bright future ahead especially Limestone business. Pan Borneo speed up progress, sure Limestone business will fly. they are the only limestone supplier in Sabah. Monopoly business. You guys think current price level is logic? Current quarter result, if not due to limestone profit, loss will be higher. If not due to MCO, THEY WILL PROFIT IN ALL BUSINESS.
The Resources & Sustainable Energy (“RSE”) reported an increase in revenue of RM7.66 million with a corresponding profit before tax of RM3.17 million for the current quarter mainly contributed by the increase in sale of limestones just before the imposition of the MCO.
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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....
lehubeng
1,143 posts
Posted by lehubeng > 2020-05-19 11:57 | Report Abuse
10000 lots purchase at 3.5 cents. tomorrow bornoil fly 4.5 cents.