BORNEO OIL BHD

KLSE (MYR): BORNOIL (7036)

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Last Price

0.005

Today's Change

-0.005 (50.00%)

Day's Change

0.005 - 0.01

Trading Volume

3,615,100


34 people like this.

30,265 comment(s). Last comment by BE_GREEEEEDY 13 hours ago

Posted by Moneyfind44 > 2020-08-28 12:09 | Report Abuse

0.06 seller now at 500k lot..aiya

lehubeng

1,143 posts

Posted by lehubeng > 2020-08-28 12:25 | Report Abuse

gold up.. 1939... 2k coming....

sabry4u

61 posts

Posted by sabry4u > 2020-08-28 12:27 | Report Abuse

im out ady..selling at 0.6

Posted by Moneyfind44 > 2020-08-28 12:32 | Report Abuse

Im also out at 0.06..market unpredictable..bye

lehubeng

1,143 posts

Posted by lehubeng > 2020-08-28 13:31 | Report Abuse

no buy. no sell. hold tight tight.....

lehubeng

1,143 posts

Posted by lehubeng > 2020-08-28 13:47 | Report Abuse

gold up... 1943.... 2k coming.....

Posted by FactsandTruths > 2020-08-28 13:57 | Report Abuse

btuscy @wan, bro u too much "lets say, what if". Just buy and diam2 keep, u so conlanfirm mlqb up, u go buy mlab. Tiao

Hi bro btuscy you are here too haha.

Posted by msysaf69 > 2020-08-28 14:49 | Report Abuse

GOLDCommodity
1,946.67+17.17+0.89%
02:49:29 AM MI Indication

Posted by Moneyfind44 > 2020-08-28 14:59 | Report Abuse

After i sold up plak gold...aiya...

hakimsaat

436 posts

Posted by hakimsaat > 2020-08-28 15:14 | Report Abuse

moneyfind... u berat sgt la.. hahaha.. 2 gold x naik

Posted by msysaf69 > 2020-08-28 15:19 | Report Abuse

GOLDCommodity
1,949.84+20.34+1.05%
03:18:43 AM MI Indication

ramjamdr

158 posts

Posted by ramjamdr > 2020-08-28 15:22 | Report Abuse

Analyst says. gold hit above usd3k now bornoil is so cheap once gold start fly and they start to dig the gunung emas than it won't be penny stock anymore

Posted by wallstreetrookie > 2020-08-28 15:42 | Report Abuse

park some shares here and dont worry. It is literally too low to cut loss. Once they have nothing to goreng, they will come here. Be patient. You should know the risk already before buying penny stocks

Trader9

71 posts

Posted by Trader9 > 2020-08-28 15:47 | Report Abuse

fly or no fly... don't really now... long queue 0.45-0.55. Still have big players... just don't know why it stucks... possbily due to the large nosh...

Posted by Investor787 > 2020-08-28 15:59 | Report Abuse

Shark busy with other counter ,soon bubble will burst snd DJ will crash at that time Born will also limit down

Posted by msysaf69 > 2020-08-28 16:00 | Report Abuse

masih buat collection between 0.055 - 0.060

Posted by Investor787 > 2020-08-28 16:00 | Report Abuse

Limit down before limit up us usual LOL

Posted by Moneyfind44 > 2020-08-28 16:01 | Report Abuse

The operator totatally mental u all....later once it touch 11 sen,many from this forum will left the stock..then it move to 17 sen then it keep move higher but u all cut win at 11 sen..seriously this is mental game..hahaha

lehubeng

1,143 posts

Posted by lehubeng > 2020-08-28 16:34 | Report Abuse

gold up....1952.... 2k coming....

Posted by Investor787 > 2020-08-28 16:39 | Report Abuse

Mental game before Dow crash ok laa, after Dow crash , bubble burst habiss laa , mati kudasai

Posted by Investor787 > 2020-08-28 16:49 | Report Abuse

I think shark also takut dgn bornoil , banyak kali kena main kat bornoil . He he Lol

JuliusCeasar

1,216 posts

Posted by JuliusCeasar > 2020-08-28 17:07 | Report Abuse

Top management play dirty game. That's why better wait price goes down to 4 - 4.5 cents.

Dirty game... I help you give low prices, you help me to push up the prices later arr. Okay!!

Andy555

185 posts

Posted by Andy555 > 2020-08-28 17:44 | Report Abuse

U think mgmt Stupid ? Now holding at 6c if keep going down they will announce other Zones found gold ....... at least strong support ..... 6c before long weekend I’m happy enough. Just hold . Those that cut loss will regret

lehubeng

1,143 posts

Posted by lehubeng > 2020-08-28 17:52 | Report Abuse

gold up.... 1959.....2k coming...

justin1njp

270 posts

Posted by justin1njp > 2020-08-28 18:35 | Report Abuse

Company make profit. So price not up.
Those company make loss.share price Keep up

Posted by Investor787 > 2020-08-28 18:39 | Report Abuse

Shud be holding at 7 c

Tkgoh91

17 posts

Posted by Tkgoh91 > 2020-08-28 18:49 | Report Abuse

They start again mining gold on august, and that was june reporr, if not mistaken. Wait next qr report, it will be intresting.

Cojack31

1,673 posts

Posted by Cojack31 > 2020-08-28 18:49 | Report Abuse

Anyone know.. Still got outstanding esos or pp ?

Valgrovest

1,237 posts

Posted by Valgrovest > 2020-08-28 18:54 | Report Abuse

Latest qtr results announced today show increase of 340% q-o-q. Was expecting them to show losses but turned out profit despite MCO. I think next week the sharks will goreng this counter up.

Hero76

397 posts

Posted by Hero76 > 2020-08-28 19:04 | Report Abuse

Yeah good QR. May goreng to RM0.15 next week

Mashoh95

272 posts

Posted by Mashoh95 > 2020-08-28 19:08 | Report Abuse

The revenue decrease compare to before.
Did they get less project or cut down some business?
Anyway still got profit is good enough compare to other company

fixul19

28 posts

Posted by fixul19 > 2020-08-28 19:19 | Report Abuse

perhaps, thanks to the reversal of impairment

lembest

15 posts

Posted by lembest > 2020-08-28 19:31 | Report Abuse

The Group posted a lower revenue of RM3.56 million which was primarily due to the restricted
and prohibited business activities during the MCO which was further extended to 12 May 2020
for both states of Sarawak and Sabah. The weak market sentiment also further curtailed
consumers spending at our F&B outlets.

However, the Group reported a profit before taxation of RM3.29 million against the reduction in
revenue mainly due to the revaluation that was conducted on a property previously held under
properties, plant and equipment that was reclassified to Investment Properties in accordance to
MFRS 140. The revaluation resulted in a fair value gain of RM2.98 million.


Just property re-valuation causing the falsify view only...

Mashoh95

272 posts

Posted by Mashoh95 > 2020-08-28 19:48 | Report Abuse

I see..thanks for the input.
So they gain profit mainly because re-valuation.

Posted by msysaf69 > 2020-08-28 21:04 | Report Abuse

GOLD Commodity
1,963.84 +34.34 (+1.78%)
07:39:24 AM MI Indication
uhhhh....power of gold indicator index closed today

shahreza

31 posts

Posted by shahreza > 2020-08-28 21:37 | Report Abuse

Monday cannot sell boss.. Tuesday can..

Posted by Moneyfind44 > 2020-08-28 22:28 | Report Abuse

No need to wrote too much..i ask if price trade at 0.11,r u sell or hold?haha

Will188

861 posts

Posted by Will188 > 2020-08-28 22:40 | Report Abuse

Gold price up, Bornoil down. Gold price down, Bornoil maintain price. P&l profit? Lol

UncleFollower

1,742 posts

Posted by UncleFollower > 2020-08-28 22:43 | Report Abuse

Impressive results...F&B segment close to 200 outlets lost 31k only despite MCO

UncleFollower

1,742 posts

Posted by UncleFollower > 2020-08-28 22:44 | Report Abuse

Limestone segment showing very high margins and stability after all these years of waiting...

The Resources & Sustainable Energy (“RSE”) reported a revenue of RM3.40 million with a corresponding profit before tax of RM2.02 million for the current quarter was mainly contributed from the sale of limestone. The loss before tax of RM72.94 million for the corresponding quarter was primarily due to the impairment of assets and expenditure relating to the mining division.

UncleFollower

1,742 posts

Posted by UncleFollower > 2020-08-28 22:45 | Report Abuse

The spread of the COVID-19 pandemic took the world by surprise and Malaysia’s Gross Domestic Product (GDP) contracted by 17.1% in the second quarter of 2020. While the full economic impact of the COVID-19 pandemic is still unfolding, the scale and duration of which remain uncertain, coupled with the volatile stocks markets have resulted in investors flocking to
gold as a safe haven asset and pushing gold prices to a record-breaking run reaching an all-time high of above USD2,000 per ounce.

Subsequent to our announcement on an Independent Reserves Assessment under the Australasian Code on Reporting of Exploration Results - Mineral Resources and Ore Reserves (JORC Report) on the Bukit Ibam Gold Prospect at Mukim Keratong, a Memorandum of Understanding ("MOU") was signed with Minetech Construction Sdn Bhd on 10 August 2020 and 13 August 2020 respectively. The proposed joint collaboration between the parties will reduce the Group’s capital outlay required for the gold mining works and free the Group’s resources to continue with the gold exploration works on other Zones. The Board will continue to exploit the Group’s assets to take advantage of the soaring gold prices.

Amidst these external headwinds, the Board will remain cautious and focus on drawing on our advantages through effective collaboration with external parties to enhance our ability to face the challenges ahead.

UncleFollower

1,742 posts

Posted by UncleFollower > 2020-08-28 22:48 | Report Abuse

Will188 Gold price up, Bornoil down. Gold price down, Bornoil maintain price. P&l profit? Lol
28/08/2020 10:40 PM

Don't think gold price has any more effect within this range. We do know at $1900+ it's going to be profitable for Bornoil even if it's mine is just a 0.27/gt mine.

But should gold shoot up, Bornoil will run. $2300, $2500...we shall see

Downside is limited. Truly Bornoil has yet to dig out the gold, but it is a good proxy considering the downside/ upside risk. Market is intelligent. This is not goreng je. There are merits in Bornoil's current price despite looking as if it is a goreng only stock

HamsterHuat

2,852 posts

Posted by HamsterHuat > 2020-08-28 22:51 | Report Abuse

Bornoil is a long bet.
just buy and keep.
and hopefully the Sharks will come and bite.

hahaha

Posted by 7036hisap_darah > 2020-08-29 00:10 | Report Abuse

gold look like going back 2k

Andy555

185 posts

Posted by Andy555 > 2020-08-29 00:45 | Report Abuse

Gold price 1971 yes yes .......

Avalon88

526 posts

Posted by Avalon88 > 2020-08-29 01:16 | Report Abuse

Tuesday hope more ikan bilis will sell, so that we could buy cheap at 0.055, before shoot up to 0.1

Avalon88

526 posts

Posted by Avalon88 > 2020-08-29 01:18 | Report Abuse

Guys, just sell your shares if you don't want to make more money ;-)

Seiran

331 posts

Posted by Seiran > 2020-08-29 01:21 | Report Abuse

Seriously.... ;-)

Seiran

331 posts

Posted by Seiran > 2020-08-29 01:23 | Report Abuse

No need to ask them, they will sell off, because they afraid of something they don't know about...

Seiran

331 posts

Posted by Seiran > 2020-08-29 01:24 | Report Abuse

Unless you let them know that price will shoot up in few weeks

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