every investors will feel the pinch when their invested stock not going up but that is our own problem. as company they listed to get public fund to grow and noww they got new project but not enough fund so they use our money to dig the gold. once its success than only they can give us by push uo the price. so this stock we need hold for some time that for sure
company share buy back till today is about 4.1%, (roughly 218 million units), if they need fund, they can sell back to open market, instead company gives substantial discount (about 35%) to pp investor.....
@lehebung this is to answer your question. IF a Chinese co go Dig .... THose ppl complaint . So now Minetech go Dig ..... belong to Dato Awang , u can complain ? Can , but gov help who ?
lehubeng company share buy back till today is about 4.1%, (roughly 218 million units), if they need fund, they can sell back to open market, instead company gives substantial discount (about 35%) to pp investor.....
UncleFollower agreed with u no PP no goreng. If u study PP among other counters they goreng 200%- 500% after the PP. Means who funded the PP after they sell their share u and me hahhaha
Who is the new substantial shareholder. Who keep on collecting. Who can use 10 million to queue buy support every price.6sen. 5.5. 5. 4.5... Millions spent n price drop back? Long term for sure will up.
Read w/o prejudice, Recent pp is highly possible to siphon fund for some pep for election purposes. Co needs them to help with licensing etc etc... MSH themselves are pressing down the price so that they can buy back those pp shares cheaper rather than letting the share price fly thus more costly to buy back and maintain their controlling block. Yet supporting the share price at current level will provide sufficient funding for those pep per their requests that's why price wont come down more. Wait till after the election, you will see the share price go up in tandem with XAU, TP20c... Fret not and stay cool...enjoy your holiday tomorrow!
Just stay cool. If you look back my comments during MCO, when everybody pessimistic about this counter, I told them gold is the only factor that can spike this counter. I retrieved the 2019 company report and showed to everybody the clear statements from the board. I believe it is not easy to start up the gold excavation. It needs in-depth study and survey on the land, technology use, funding and most importantly, land is the state matter, it has to deal with state government and the politicians. I believe everything is in order now. Be patient and hold tight. Gold price is spiking high, at this very difficult time, the government will give full report to this as well. Most importantly, Tan Sri Lau and Hap Seng is still holding substantial shares!
Tan Sri Lau, together with his companies, Gek Poh holding, Hap Seng insurance are the substantial shareholders of Bornoil, altogether took up abt 15% of the total shares. Tan Sri Lau is one of the richest man in Msia and is a reputable successful businessman. With his background, do you think he wants to do something hanky panky or deceitful to the shareholders? Just look at Hap Seng, you will know how he treats his shareholders. Actions is louder than words!
With this Tan Sri's solid background as backing i think its a safe buy. You think this coming quarterly financial result will be gud or not? If not mistaken its coming out next week ohh.
Opportunities to make losses or profits arise amidst volatility and uncertainty. As for the management competencies and integrity, long term share price tells the truth and sequence of private placement and announcements on gold found shows the truth.
Those who enjoy paper gain from accumulated at 1 c can hold. Chart shown Bornoil down trend, 3 groups over 11 m Q ing to buy at 6, 5.5, 5 shows perhaps Friday or next 100 % touching at least 5.5 c buy / 6 c selling. Just ignore my advice if u realling strong enough to hold for longer term than mine. Pls go ahead
Reborn91 Woodswater is trying hard to make the price drop. Why ask people run if you holding?
My everage about 11 c, mom, wc, wd about nearly 5k lots
The 'Run' call for new investors who intend to buy, i ll advice better don't touch. For those already here, pls dump dump hold n enjoy to everage down like me ( i tried but very hard). Birnoil will further gap down soonest by Friday or next week. If those still interesting with Bornoil, can try at 4 c / 4.5 c coming 2 weeks time. I am happy to hold, n will u as well?
I dare to challenge those since last 2 weeks ago very excited n attacked on me will suddenly disappeared. They don't even dare to comment again bcos of shy, afraid kena shot of misleading,
Pity for them cos nit sure whether they con others or kena conned as well. I ll always here.
From my experience,if i buy stock & CL after drop then i re trade at other stock n then CL & then trade other stock & lost suddenly i realize that i in massive running lost. Then i start again with same capital & buy stock & willing to lost all suddenly i realize in big win position. Same will go to bornoil..im ready to lost all my capital..
Total 5000lot at 0.067 I not worry about ESOS..ESOS need to hold at least 1 year. Im worry about PP..still hv 164mil not announce..And i dont know 581mil PP that ady listing ady get buyer or juz listing?and who is exercise 68 mil warrant C /D?
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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....
ramjamdr
158 posts
Posted by ramjamdr > 2020-08-19 14:46 | Report Abuse
every investors will feel the pinch when their invested stock not going up but that is our own problem. as company they listed to get public fund to grow and noww they got new project but not enough fund so they use our money to dig the gold. once its success than only they can give us by push uo the price. so this stock we need hold for some time that for sure