I already assume this is Long Term. Holding million of shares.. As long as the site got gold.. Think won't high risk. Even the company continue to issued news shares... EPS will come back... 1mil shares only cost rm60k..
But not agreed with the tactic as PP will continue sell at discount.. And lower NTA per shares to hide the asset value. Trust me this company asset rich... Can be found in their FY report... Hundred of million assets. Those expert in financial planning can guess what they trying do... To remain low.. Not famous targeted.
Moneyfind44 Waiting another & final PP 164 mil for listing..then the next day announce company that take 10% PP,& then hopefully will up. 24/08/2020 12:13 PM
@unclefollower they target 745mil PP..now juz 581 mil PP listed..left another 164mil PP..thats why still no announcemend company that take 10% PP.. By the way,with 581mil PP listed,they ady success to raise fund more than their targetting(16,473,000.00mil)
Congrats. Have faith and hold it.. Today up 8.33%!! We hope we ikan bilis continue to hold and push.. While waiting genuine institutional investor come back. Hope price manipulation if any end as at today. Well done
Wow, Fantastic! Oil price spike up to sky high again ! As at 8.42pm, Nymex=> $42.76 (+0.42) (+0.99 percent) ! Brent=> $45.40 (+0.47) (+1.05 percent) !
Borneo have too large issuance of share. For the price to push up you will be met by heavy resistance. The most it can push up is 0.01 to .025 because of its large volume of shares. Borneo should consoidate its share like JAG, VIVOCOM or unless gold has been mined and Oil price reached USD 60 and above. The mother share should trade between 0.05 to 0.07 this few days/
+ve plz.. Frm day 1 we brought, we already know they are 5-6billion of shares circulating. I repeat again, they have few hundreds million NET ASSET which this can be hide/mask under huge average per shares. They are asset rich.. Why always Private Placement? Only experience trader knows... NTA exclude latest gold is RM0.13 per shares!
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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....
Will188
861 posts
Posted by Will188 > 2020-08-23 21:57 | Report Abuse
I already assume this is Long Term. Holding million of shares.. As long as the site got gold.. Think won't high risk. Even the company continue to issued news shares... EPS will come back... 1mil shares only cost rm60k..