my decision to buy bornoil shares mainly due to its gold mining and limestone business. the qr report showed that revenues of resources and sustainable energy is about rm 8.6 mil with the profit before tax of about rm 3.2 mil. I do think this have very good profit margin. limestone business will soar. just wonder what happen to gold mining.
Peter2357, you mean hold for longer term is 10 years??? Cause i have kept this stock more than 3 years. Our brother Bruce551133 also kept sometime also.Now i hardly hear him. First they said They will generate income from Sugar Bun, later gold. After sometime, they mentioned limestone. So what's next????????
buying rose on bornoil wc, closed 1.5 cents. . but bornoil mother share remained unchanged at 3 cents. think is good sign. directors still maintain bornoil at 3 cents, so they can get esos cheaper. after esos, bornoil price will rise, so as its warrants. now time to buy warrants.
Parent company, Hap Seng Consolidated today jumped 1.30 to 9.60. Could it be something brewing about injection of Malaysian Mosaic into Bornoil? This has been rumoured before.
All other counter already fly. Some from 2 cts ..now 30 cts. Management & share holder bornoil pls do something. Appreciate who r still stuck ur share.
BornOil (BO) Directors are still drawing their remunerations without much regards to the DPS or PE ratio of BO. PAid RM797,983 for FE 30Jun 2019. (Payment Approved in 2019.AGM?) And RM1.6M for pending payment approval in 2020 AGM sometime in Dec 2020. What can minority shareholders do? Share price dropped , just cancelled and reintroduced another fresh ESOS. The Gold Mining projects just disappeared into thin air. LCK ??? Wakakakaka.
Limestone, Gold Mining, Palm Oil energy ? All rosy talks ...but no end results ..Profit. Now rock bottom price , BO want fresh ESOS. ? What if some sohai bought BO at the range of 9 sen thinking that exercise price of then ESOS is 9 sen. Can compensate eh?? "Big Rock kills small crabs" ??
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....
m_faiza1
556 posts
Posted by m_faiza1 > 2020-05-30 07:48 | Report Abuse
They start fruitable from Limestone business....