next week Carepls/Comfort/Adventa/LKL all go up. This is healthy correction. Congrats!!! Gold price drops. People come back with huge profits from goreng stocks to this fundamentally strong counter. Stocks on watchlist: 1. Carepls (Glove) 2. Adventa (Glove + Healthcare) 3. Comfort (Glove) 4. LKL (Healthcare)
The last time during subprime in 2011 gold price was usd1918per ounce when US pumping in billions into market. This time round they are pumping in trillions and the gold price now is usd2038 per ounce still all time high.. analyst is expecting 2500 to 3000 per ounce. Bornoil I'm betting on you.
for a smart investor, Bornoil is more worth the dollar and cents. Bornoil the gold miner is more profitable and currently sitting on a 600KG gold inventory. Go count yourself how much is this 600KG worth based on USD2000, USD2500 or even USD3000 gold price.
Gold price on pullback mode now...after breaking 2000 level..now in correction phase...monday morning before bursa open....gold price will continue to retrace some more..big pullback expected due to good non-farm payroll report on Friday..bursa gold counter will follow suit..big drop
$28k buys 1000 shares Top Glove...$28k buys 373k shares Borngold...it's the same $28k, anyone can count the shares and looking at Friday's volume yeah no it isn't too heavy to fly
mudzaffar but dont u think the share floated too big..and this counter heavy too fly.. 08/08/2020 4:08 PM
Actually directors did not sell any. Change of shareholding is due to increased share base. Largest controlling stake remains in Hap Seng's hands. Lei Shing Hong is Hap Seng's HK brokerage arm. All these are in annual reports...
MichelleNg Directors sold a lot. Watch out 08/08/2020 4:27 PM
Gold stocks offer a leveraged way to have exposure to rising gold prices. For example, a 10% increase in the gold price would translate into more than a 10% gain in the operating earnings of the mining companies, thanks to the positive operating and financial leverage. As such, mining companies with improved profitability would appreciate more than gold bullion would, particularly in a gold bull market when valuation multiples typically expand.
Even with market cap of rm300-420 mil, Borneo oil last 4-5 quarter profits are kind of low.. exploring n producing gold in ok quantity is tough jobs ....
Gold will drop back because us economy are rebouncing. Non farm payroll show betterthan expected in friday causing us dolars reboubce and gold drop. Short term gold will drop back to find support at 1975.
Borneo Oil: Exploratory works at Bukit Ibam reveal golden potential. Borneo Oil’s wholly-owned subsidiary Borneo Oil & Gas Corp SB has completed the first part of exploration on one of the eight zones in its Bukit Ibam gold prospect in Pahang and has prepared a report under the Australasian Code of Reporting of Exploration Results, Mineral Resources and Ore Reserves. (SunBiz)
Believe wrong doing for private placement to issue at low price if management is already aware of gold found and believe share price is worth higher. Anyway sleeping authority only border its own bottom line instead of protecting investors. Who is the investors of private placement? Related? Truly unaware of gold found?
kaunter Heavy tak bahaya bos, kaunter ringan yang bahaya sebab harga boleh menjunam turun dengan cepat, sebab tu kaunter ringan kena ada duit yang betul2 kita taknak guna baru boleh simpan situ.
From Trend Analysis of the gold counters chart, the gold uptrend just started last week and it is the best entry time before chasing high. The rise could grow even higher than glove stocks because the fundamental of the stock is much stronger. Gold stock do not risk off the outcome of vaccine or political influence.
Those who have entered or interested in gold counters (NICE / Bahvest / Muiprop), could join our Gold Hunt Mission. Members will be guided step by step to strategies for maximum return at shortest time. Unity is strength, synergy is power.
Their private placement mainly for limestone business, not for gold. I think they as well do not expect gold price can surpassed 2000/ounce. This scenario as well 100% similar with XOX. ONCE private placement listing in market, price surge. But I'm agree with you, private placement price they issue at wrong timing at very cheaper price.
Jeffreyteck Believe wrong doing for private placement to issue at low price if management is already aware of gold found and believe share price is worth higher. Anyway sleeping authority only border its own bottom line instead of protecting investors. Who is the investors of private placement? Related? Truly unaware of gold found?
Acctualy when gold price surge to 1900usd nobody look at this counter n nice.. luckily i can enter nice when it 0.8 and bornoil 0.5.. when i found nice made great support at 0.8 then week later smile maybe next week drop to 0.35 if below 0.3 i will dispose it.. this counter should be making at least new support point at 0.1 to next target 0.2.. heavy counter dont hope up to much.. exit when it close 0.055 arghhh.. chart never lie
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....
Cojack31
1,673 posts
Posted by Cojack31 > 2020-08-08 20:54 | Report Abuse
Gold never go down. Always increase. Up..up..up.