F&B biz growing, found gold reserve at one zone out of 8 zones, mining gonna start Soon with mou with minetech, at the current price of gold, margin is expected to be handsome, construction biz also growing, with the completion of the ILPP, the Group will continue to benefit from additional business arrangements with the owners of the ILPP and also got limestone biz wish can find diamond there hihihi. To sum up the revenue n profit will increase and of course the share price in the future.
The current PP and ESOS is to share the company fortune with their employees and PP investor.
Recommendation Buy n Hold. Even PN17 companies price more than 10 sen
I personally think this company is good, just that they need some changes, their homepage really need make it to attract investor, the name should change, borneo oil ppl expectrd to sell oil, and instead no related to oil and mining gold. But still i can see thr prospect of this company, take it as example, 2016 they started mining gold which only cost 1600 per ounce. And still able cover the high expenses. Compare to current is already worth more than 300 per ounce. And the company revenue itself ar growing. And tried to invest on property. Which in my opinion are good strategy. At this time gold help them earn profit in covid-19, and after the recovery of the economic , gold price will drop, and property and tourism will start to boom. That's what i think. But the only think i am concern is their management, they should be more active in the market to attract more investor, provide the prospect of the company and plan. Keep the remain investor to be confident. So it have more money to generate more revenue and profit.
The positive qtr result does inspire much confidence in this outfit. Better prospect ahead - all board of directors please expedite the excavation of gold whilst gold price is still good. Show your action and power !!!!
Woodswater is oldtimer for this stock. Let see either woodswater still in this forum after price spike.. Sure he will cabut if the price trade at 0.11.
woodswater, i am a millennial trader, i dont even have the power to hold even for 2 weeks lol. if i make profit then i cabut. that is my trading plan, everyone get their own trading plan right
You are kinda stupid for playing penny stocks. For us, we play penny stocks for the percentage gain. No one is expecting Bornoil to reach RM1. Also, sound like you have some shit low capital. Buying penny stocks with that amount of money is alarming and says a lot about your investment capabilities
Burnoil... Asset rich but continue raise money via PP. A 100years old shark to ensure low price/cost & SAPU all shares to enjoy future value/gold. Hope all buy and keep for long term.
Moneyfind44 Woodswater is oldtimer for this stock. Let see either woodswater still in this forum after price spike.. Sure he will cabut if the price trade at 0.11.
No argument Once burnoil hit 11 c as u said I ll exposed my whatsapp no to let u c how many biji i have, and how long i ll hold it. I do not mind sharing not even burnoil, i accumulated some paper gold ( only MBb n Pbb got such investment) Rm 250 / gram during international GOLD price traded at USD 1800 / once. I ' m always bullish on Gold, tbe problem is MANAGEMENT OF BURNOIL, not BORNOIL investors like us. I just sharing, sincere remind but not attack as many uncertainty could happen anytime, any soon
I remembered last times u said ready to burn ur 5000 lots for Bornoil, but y u sold off n suspect at my INTEGRITY jusbcos u sold off n wish to buy low? My style is not line to make enemy as i always sharing without hidden gem or personal agenda!
Tqvm
Investor787 Woodswater just give a brotherly advice , i fully understand him
I bought 500k and it is dropping continuously! I think I should buy another 500k at 0.6! and keep holding or should I sell in loss? any suggestion folks?
@waves32....if the fund is excess money....just continue buying and everyday que NEW 500k at 0.5 until it match or who knows....it will shoot up thus your OLD 500k suddenly in Green.
Ask urself r ur mentalilty strong enough if the stock trade at 0.11?if yes,then topup.if not,then juz wait at 0.11 & sell it..why?bcoz most traders lost money after they cut win & then reenter back at high price then little drop cut lost & then without notice in massive circle loss.
Moneyfind44 Ask urself r ur mentalilty strong enough if the stock trade at 0.11?if yes,then topup.if not,then juz wait at 0.11 & sell it..why?bcoz most traders lost money after they cut win & then reenter back at high price then little drop cut lost & then without notice in massive circle loss. 30/08/2020 11:23 AM
Mark ur word Tqvm sifu moneyfind 44 Let s huat 2gather
Don't waste time here, we got no choice. Because we bought since 2016. Just to wait and wait until our hair all grow grey, also cannot go 0.10sen. Very very sad. Just don't understand the management.
If it cannot go up to 0.10 that is good reason not to hold! I thought it is going to grow more than that? I am new bee, but I think I have to sell it ASAP. I cannot hold 2 or 3 years for no reason. Thanx for the comments folks.
Posted by 2garre25 > Aug 30, 2020 2:04 PM | Report Abuse
If it cannot go up to 0.10 that is good reason not to hold! I thought it is going to grow more than that? I am new bee, but I think I have to sell it ASAP. I cannot hold 2 or 3 years for no reason. Thanx for the comments folks.
This counter still not in goreng phase although good news already out .It only means one thing ,the intention is just to get short term gain .U could see everytime buyers built up,they cleared all to the buyers .Its not to flush out sellers to accumulate . its more like the ones behind are selling in a big way.
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....
Batam
348 posts
Posted by Batam > 2020-08-29 01:27 | Report Abuse
F&B biz growing, found gold reserve at one zone out of 8 zones, mining gonna start Soon with mou with minetech, at the current price of gold, margin is expected to be handsome, construction biz also growing, with the completion of the ILPP, the Group will continue to benefit from additional business arrangements with the owners of the ILPP and also got limestone biz wish can find diamond there hihihi. To sum up the revenue n profit will increase and of course the share price in the future.
The current PP and ESOS is to share the company fortune with their employees and PP investor.
Recommendation Buy n Hold. Even PN17 companies price more than 10 sen
Disclaimer: Trade at your own risk