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

str4der

118 posts

Posted by str4der > 2020-08-09 14:04 | Report Abuse

This year alone US has injected trillions of dollars for QE (Quantitative Easing). Strength of US dollar is weakening. US treasury bond is in negative yields. US Dollar the world's reserve currency can be printed infinitely until become devalued while gold is scarce, it is not easy to mine. Estimated total value of total gold value in the whole world (through thousands of years of digging) stands at 10 trillion dollars while the US Fed can pump trillion dollars in a heartbeat. To put into perspective, 10 trillion dollars gold in the WORLD in thousands of years vs 26 trillion dollars US debt ALONE. You tell me, now what you want to keep at home? Easily printed USD note or difficult to mine gold?

The gold price will continue to appreciate, no question.

Avalon88

526 posts

Posted by Avalon88 > 2020-08-09 14:23 | Report Abuse

All we can do now is to have share with Gold Miner like BORNOIL, because we don't have enough fund to buy this entire company ;-)

Anyway, I always pray someday I will be able to buy a Gold Miner company, pray for me guys

Pcmont123

296 posts

Posted by Pcmont123 > 2020-08-09 14:45 | Report Abuse

心急吃不到热豆腐。。。。

xiulong

63 posts

Posted by xiulong > 2020-08-09 14:48 | Report Abuse

Good...all in

Seiran

331 posts

Posted by Seiran > 2020-08-09 14:49 | Report Abuse

I'm also all in

Cojack31

1,673 posts

Posted by Cojack31 > 2020-08-09 15:27 | Report Abuse

Garlylim19.@ Lately many penny stock fly like crazyyyy. . Nothing is imposible.

Cojack31

1,673 posts

Posted by Cojack31 > 2020-08-09 15:27 | Report Abuse

Hope tommorow gap up above 10cts

x3sphere

510 posts

Posted by x3sphere > 2020-08-09 15:45 | Report Abuse

Collect bornoil wc. Haha.

Posted by klcianalyzer > 2020-08-09 16:17 | Report Abuse

Can golf still fly as looking at the gold price decreasing a bit last Friday?

Posted by StevenLim80 > 2020-08-09 16:39 | Report Abuse

Hope for gap up this monday

UncleFollower

1,742 posts

Posted by UncleFollower > 2020-08-09 16:59 | Report Abuse

尼滴嘛叫同钱有仇咯

garylim19 i quickly dispose all my share here! It's not worth to keep for so long this penny stock!!
09/08/2020 2:03 PM

UncleFollower

1,742 posts

Posted by UncleFollower > 2020-08-09 17:00 | Report Abuse

To be clear Borngold does not need gold to fly any further for it to fly. Unless you want to hold to TP RM 1...same same glove theory la. last time US$1200 gold they die die do till die. Now US$2000 gold US$800 is clean profit

klcianalyzer Can golf still fly as looking at the gold price decreasing a bit last Friday?
09/08/2020 4:17 PM

Seiran

331 posts

Posted by Seiran > 2020-08-09 17:05 | Report Abuse

Dude, Gold decrease a bit on monday and shoot UP all time high just this morning

What else you want to ask, hehehehe

UncleFollower

1,742 posts

Posted by UncleFollower > 2020-08-09 17:07 | Report Abuse

Don't forget latest result show limestone finally churning profit. Even without this gold stuff this year Borngold is poised to go up as limestone finally start. They paid cash a couple hundreds millions to acquire the limestone mines and contracted it out with guaranteed returns. You can find these in the press. Returns delayed by late commencement. It is finally showing up after 2 years delay

So you have a company that have multiple limestone quarries starting to pay off, a lousy fast food franchise that is breaking even, and a gold mine agreement over 1200 hectares of which 400 hectares under exploration divided into 8 zones and of which they just announced Zone 1 has $170M worth of gold, Zone 2 high potential and so on

UncleFollower

1,742 posts

Posted by UncleFollower > 2020-08-09 17:10 | Report Abuse

garylim19 this market this story you were lucky to have shares earlier and you dont fry what else you want. You sell coz you're scared it go down to 5c? Then just put FD la

mcmann

1,142 posts

Posted by mcmann > 2020-08-09 17:22 | Report Abuse

anyone know how much gold they have now ?

Posted by leekeanlam78 > 2020-08-09 18:05 | Report Abuse

I hold 100,000 units at 0.070, hopefully tomorrow morning can go up to 0.100, l make profit 3,000 is happy

dreamer74

164 posts

Posted by dreamer74 > 2020-08-09 18:18 | Report Abuse

Bro last resistance is 9cents. After that sky is limit. It may happen like inix. Just watch

shahreza

31 posts

Posted by shahreza > 2020-08-09 19:10 | Report Abuse

the highest resistance/ tp i get is 0.3.. which still considering low in the market.. after that Limit Up is the resistance.. back 6 or 7 years there still resistance around 0.45 that for me it cannot be used anymore

Uk_ikzer

346 posts

Posted by Uk_ikzer > 2020-08-09 19:21 | Report Abuse

Interesting

Posted by Combilia Hubella > 2020-08-09 19:48 | Report Abuse

Anyone know the recent Private placement holders can freely sell their shares or not? if so, they can get immediate gain, which might resist the uptrend.

lau9639

467 posts

Posted by lau9639 > 2020-08-09 20:13 | Report Abuse

Gold mine discovered in Pahang in 2016 and was made known in the paper. I believe private placement is for somebody influential and can help the gold business both excavation and development.State land is under the jurisdiction of state government , without the help from the authorities, it is not easy to move. I guess!
Don’t you all think so?

Posted by Iamnotasifu > 2020-08-09 20:29 | Report Abuse

this super penny stock, be careful guys lol

Vitamin

69 posts

Posted by Vitamin > 2020-08-09 20:32 | Report Abuse

tomorrow All IN, sure Limit UP.....hong kong China investors coming!

OMGTRADER

115 posts

Posted by OMGTRADER > 2020-08-09 20:53 | Report Abuse

inventories 20m...

OMGTRADER

115 posts

Posted by OMGTRADER > 2020-08-09 20:54 | Report Abuse

may be keep chicken or may be pizza...

yameyamo

333 posts

Posted by yameyamo > 2020-08-09 21:02 | Report Abuse

What news saying hongkong China investing this share ? Share please

OMGTRADER

115 posts

Posted by OMGTRADER > 2020-08-09 21:03 | Report Abuse

break 13 must buy may be limit up

TuTu1183

141 posts

Posted by TuTu1183 > 2020-08-09 21:15 | Report Abuse

All in buy 1000000 unit

abong

344 posts

Posted by abong > 2020-08-09 21:18 | Report Abuse

@OMGTRADER, Bornoil have 20m gold inventory?? If is true, what is the RM value for 20mil gold of today price USD2000? 1 billion RM?

Posted by Geniusleo89 > 2020-08-09 21:21 | Report Abuse

I know it will increase tomorrow,maybe I should set tp 1.5 then I would sell. hehe

lanlee

29 posts

Posted by lanlee > 2020-08-09 21:30 | Report Abuse

my target will be 100%, or shoul it be more...

solid

401 posts

Posted by solid > 2020-08-09 21:57 | Report Abuse

Hi, may I know Wat's d limitup price f tmr? Tq

m_faiza1

556 posts

Posted by m_faiza1 > 2020-08-09 22:28 | Report Abuse

Lau9639, Private placement for expansion of limestone business. Not for gold. Currently their priority for limestone. Gold is bonus....

beginner

1,285 posts

Posted by beginner > 2020-08-09 22:30 | Report Abuse

Since 2018 bornoil max profit 0.08 eps or worst -0.01 eps, and most are 0.01 eps. Such weak earning company suddenly can hit rm1 means 10,000x earning increased for next qr. Possible kah?

Kevin Tam

538 posts

Posted by Kevin Tam > 2020-08-09 22:34 | Report Abuse

Can’t even hit 30 cents yet , why talking about 50 cents or $1? The company having poor quarterly results for 2 years, should be not easy to go up to 30 cents in 1-2 week time ...

Posted by wallstreetrookie > 2020-08-09 22:34 | Report Abuse

Let’s all goreng to at least RM0.5 don’t give up

Legend

4,119 posts

Posted by Legend > 2020-08-09 22:36 | Report Abuse

Adoiiii...I sudah beli satu lori 0.065

Max_Lui

114 posts

Posted by Max_Lui > 2020-08-09 23:09 | Report Abuse

Bornoil - Demand seen for limestone. Now they found huge deposits of GOLD is a added bonus.
https://www.thestar.com.my/business/business-news/2019/01/07/demand-seen-for-limestone
Tomorrow ALL IN AND Limit Up

Posted by david8977 > 2020-08-09 23:22 | Report Abuse

Flying tomorrow

Posted by Iamnotasifu > 2020-08-09 23:37 | Report Abuse

be careful for this stock lol... it is famous for trapping people

Orson Chin

2,079 posts

Posted by Orson Chin > 2020-08-09 23:50 | Report Abuse

Guess tomorrow will continues goreng ?

Avalon88

526 posts

Posted by Avalon88 > 2020-08-09 23:54 | Report Abuse

Most of us have sold everything just to buy this BORNOIL GOLD Miner.

Yeah, worth it.
Potential Limit Up

Posted by FarmbesFlyer > 2020-08-10 00:21 | Report Abuse

If gold price can hit 3000, bornoil Rm 1 is possible!! Good luck for those who have faith with Tan Sri Lau.

Huntsman

155 posts

Posted by Huntsman > 2020-08-10 01:19 | Report Abuse

Ini kaunter heavier than u all though.. it's a trap. And well known trap many investor lol

Max_Lui

114 posts

Posted by Max_Lui > 2020-08-10 05:06 | Report Abuse

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

Allan2112

43 posts

Posted by Allan2112 > 2020-08-10 06:35 | Report Abuse

Agree with huntman

ktrader

1,897 posts

Posted by ktrader > 2020-08-10 06:44 | Report Abuse

Can gold hold 2000 dollar per oz ...can or not? If can't may need some time to recover back to above 2000...so what should you do?

Steve902

44 posts

Posted by Steve902 > 2020-08-10 06:48 | Report Abuse

Limit up today due to increasing gold price?

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