Posted by 7036hisap_darah > 2020-08-30 22:14 | Report Abuse

yes will188 wish they get accident when they do site visit the gold mine...

Posted by wallstreetrookie > 2020-08-30 23:13 | Report Abuse

stupid management

Posted by Investor787 > 2020-08-31 00:30 | Report Abuse

Manage to recover loses from bornoil thru swapping to other counter, hopefully its different Bornoil now, tuesday is the day to see bornoil ok or not.

Posted by Will188 > 2020-08-31 09:01 | Report Abuse

They not stupid. They smartest. Imagine slowly accumulate the shares by pressing down the price.. At the end they are biggest winner.

Posted by bumipearl > 2020-08-31 09:14 | Report Abuse

Actually how much more they need to accumulate

Posted by Moneyfind44 > 2020-08-31 09:48 | Report Abuse

Itu ada 164mil PP not yet announce..
Also not understand who bought 581mil PP Share..ini 581mil PP Sudah ada investor beli or x???anyone can explain?

Posted by 7036hisap_darah > 2020-08-31 10:23 | Report Abuse

only them know who buy the PP or the keep in pocket just want to make price down.

Posted by silversurfer96 > 2020-08-31 12:40 | Report Abuse

Well if you guys noticed that for the last few weeks, the shares had been traded in a range of 500mil to 1bil (i think i saw like 1.2b in a day) but the selling que is not that much - if you see the selling que for 0.065 and 0.070 is not that much (probably total of 200mil) - which only means that someone is collecting and the TP is much higher than this (the buying que is enormous)

well, taking the gloves counter as an example - the price was moving sideways until someone realize the potential of it. Hence, it is the same here - once the actual gold being mined, sold and reflected in balance sheet - dont think you will even see anything below RM 0.10.


Global recession will happen as we can see that even vaccine development is there but the effectiveness will be a question and even if it is 100% effective, it will take time to reach to the whole world.

People already predicting the global recession to spill over to 2021 and looking at the company-it still made resonable profit without actually mining the new discovery hence, once they start (minetec -something to watch out for), there will be a sudden jump in profit.

a few things that i am still researching :-
1. What is the deal with Minetec (if it is profit sharing or fix cost payment) - in their QR report, it mentioned that with minetec, they are able to focus their resources in exploring other zones.
2. This company had mining right but we all know in malaysia without a proper cable connection, this is not possible - hence, who is behind this company?

My prospect target
1. Looking at Bahvest and other gold trading company, my TP would be in the range of RM0.50 (First resistance will be RM0.10 in which will go on once field gold mining starts and the QR indicates the revenue from this)

2. Support range is very clear at 0.05-0.055 with limited downside (unless the whole world magically recovered and global economy goes back to pre-covid- which even then gold was around USD1600/oz) - good thing is that gold price is not affected by the vaccines news but the weakness of US Dollar - we know that this country not going to recover that easily with death and infection rates climbing. If these people can think Covid19 is a hoax, imagine the vaccine?

hence, this is not a counter for contra traders but more of an investment for your spare cash.

#not a call for buy or sell#

#do your own research#

#my own notes so that i can come back in 3 months to review#

Posted by Will188 > 2020-08-31 14:10 | Report Abuse

Agree... Now trading pattern healthier vs last few week which significant obvious Some1 blocking price movement via huge volume loaded in buy sell price..

Posted by Will188 > 2020-08-31 14:10 | Report Abuse

The price just block to move up...

Posted by aizaclunk > 2020-08-31 14:46 | Report Abuse

i just got a recommendation for stock watch for bornoil tomorrow from a remisier

Posted by 7036hisap_darah > 2020-08-31 15:40 | Report Abuse

good luck everyone

Posted by lalazai9 > 2020-08-31 17:33 | Report Abuse

Is worth wait for fly easily earn 100% haha

Posted by Moneyfind44 > 2020-08-31 19:19 | Report Abuse

I wait patiently to see again share price bornoil cross it NTA value.
Once it cross,i enjoy & feel the moment..
I will not rush sell it...
If loss 1-2 sen profit also doesnt matter....
Feel,enjoy & happy....

Posted by 7036hisap_darah > 2020-08-31 19:28 | Report Abuse

support moneyfind44

Posted by 7036hisap_darah > 2020-08-31 19:29 | Report Abuse

wish bornoil oil plug in DF-41

Posted by HamsterHuat > 2020-08-31 20:31 | Report Abuse

bornoil bornoil...
so many speculation but macam batu.

So many theory but tak bergajak pun.

Posted by lehubeng > 2020-08-31 22:18 | Report Abuse

gold up.....1973.... 2k coming........

Posted by dreamer74 > 2020-09-01 07:37 | Report Abuse

I happy finally FY20 is green. Anyone know the limestone factory in operation already ? I believe their business will turn around with additional bonus of finding gold.

Posted by Moneyfind44 > 2020-09-01 09:00 | Report Abuse

Good start...

Posted by Valgrovest > 2020-09-01 09:09 | Report Abuse

Slowly slowly up .....more positive than negative. Good QR just released last Friday, new limestone operation on track (that is why they did the private placement), gold digging going to start soon on JV with Minetech.

Posted by Jeffreyteck > 2020-09-01 09:17 | Report Abuse

Chief traders and broad market sentiment will dictate its direction. As for fundamentals and management competencies, long term curve tells everything. ST trading play around 0.045_0.095.

Posted by Tkgoh91 > 2020-09-01 09:59 | Report Abuse

I think u guy should hold, the US dollar keep dropping. The lowest since 52week. Which impacted gold

Posted by Moneyfind44 > 2020-09-01 10:24 | Report Abuse

If EAH can up 1000% from the lowest level from 0.005 to 0.05 without vol,i confident shark with their kindness can make same to bornoil

Posted by ng1639 > 2020-09-01 10:36 | Report Abuse

Bornoil mendapat keuntungan yang baik QR. Dan ia ada lombong emas yang boleh dapat keuntungan baru. Dan ia ada bisnes fast food, gas dan petroleum. Sure akan naik seperti Rocket. Tunggu apa lagi? Beli hari ini.

Posted by fixul19 > 2020-09-01 10:50 | Report Abuse

https://www.klsescreener.com/v2/news/view/722179

Borneo Oil executive director Raymond Teo Kiew Leong said the newly opened BAF outlet covers a 3,000 sq ft floor area and provides about 120 seats in a two-level shop. The popular Sarawak Laksa and Garoupa fish noodles from Sabah are the signature dishes. Other items on the menu include fish burger and SugarBun’s roasted chicken. (File pic shows Raymond Teo checking on sales with waitresses of a restaurant in Kuching)

KUCHING: Borneo Oil Bhd’s drive to promote some of the most sought after dishes from Sarawak and Sabah to food lovers in Peninsula Malaysia has reached another level with the opening of the second franchise Borneo Asian Food (BAF) outlet along Jalan Tuanku Abdul Rahman near Chow Kit in Kuala Lumpur.

And more franchise BAF outlets are in the pipeline in the federal capital.

Borneo Oil also operates the homegrown SugarBun fast food restaurant chain and Singapore-based Pezzo pizza outlets in Sarawak and Sabah.

Borneo Oil executive director Raymond Teo Kiew Leong said the newly opened BAF outlet covers a 3,000 sq ft floor area and provides about 120 seats in a two-level shop.

The popular Sarawak Laksa and Garoupa fish noodles from Sabah are the signature dishes. Other items on the menu include fish burger and SugarBun’s roasted chicken.

“We are targeting high traffic working class consumers for the BAF restaurants, ” he told StarBiz. According to Teo, the Borneo Oil-owned BAF outlet in Menara Hap Seng, Kuala Lumpur has been doing brisk business since it commenced operation four years ago.

The first BAF outlet is located at Pacific Place, Ara Damansara in Petaling Jaya.

He said the plan to set up two more franchise BAF outlets this year in Hap Seng-owned properties in the peninsula has been put off to 2021 due to the Covid-19 pandemic which has affected the food and beverage business.

“We have one BAF outlet in Johore Bahru.In Sarawak, there are one outlet each in Kuching and Miri and the proposed third outlet at Boulevard Mall, BIntulu has delayed its opening to end-2020 due to the pandemic, ” said Teo.

On overseas expansion of SugarBun restaurant, he said the opening of the first franchised restaurant in Jarkata, Indonesia has also been delayed because of the pandemic.

“We plan to next expand to New Zealand

“The plan to establish the first franchise SugarBun outlet in Auckland is being finalised, ” added Teo.

Currently, there are franchise SugarBun restaurants in oil-rich Brunei, Australia and China.

There are some 80 Sugarbun restaurant, mostly in key and secondary towns in Sarawak and Sabah.

Teo said Borneo Oil is expected to launch its own food delivery services system soon as about 60% of SugarBun sales are now from delivery service as the number of consumers dining in has sharply dropped due to the restrictions related to Covid-19 lockdown measures.

Last year, SugarBun entered into collaboration with Food Panda (a German mobile food delivery marketplace), which is an online food ordering website that connects users with selected local restaurants.

The collaboration has boosted SugarBun sales.

Once launched, Teo said SugarBun will have its own delivery services in all towns where its franchise outlets operate.

“We are going to have a tie-up with Sarawak Pay, ” he said. (Sarawak Pay is an initiative of the Sarawak government to provide a one-stop mobile app payment channel for the public to make payments for bills or purchases through their mobile phones.)

In financial year ended June 30(FY2020), Borneo Oil’s food and franchise operations recorded lower revenue of RM41mil from RM48.4mil in FY2019, dragged down by the sharp decrease in sales in 4Q2020 at RM7.37mil against RM12.5mil in 4Q2019, or down by RM5.14mil due to the movement control order (MCO) imposed by the government on March 18 to contain the spread of the pandemic.

Posted by ZigZag > 2020-09-01 11:07 | Report Abuse

jerung sudah masuk

Posted by msysaf69 > 2020-09-01 11:08 | Report Abuse

tangkap..mana yg boleh tangkap...dah nak moving up

Posted by hakimsaat > 2020-09-01 11:22 | Report Abuse

not much... up to rm1 good enough already.. hahaha

Posted by Moneyfind44 > 2020-09-01 11:38 | Report Abuse

@wan salah forum

Posted by Will188 > 2020-09-01 11:46 | Report Abuse

Don't so happy. This counter up down depend big player/shark. Unless all bilis buy and keep LT.

Posted by silverdigger > 2020-09-01 12:13 | Report Abuse

Gold to break all time high in 2 weeks! BBB UUU

Posted by HamsterHuat > 2020-09-01 12:55 | Report Abuse

bloody Bornoil....naik so slow..jatuh cepat..
Gap macam kura kura...

Bulan August macam tak jalan..
let baik guna wheelchair...

Posted by lehubeng > 2020-09-01 13:17 | Report Abuse

gold up.... 1986.....2k coming.....

Posted by Rudhkl > 2020-09-01 14:18 | Report Abuse

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3084177

Posted by okokok > 2020-09-01 15:00 | Report Abuse

It’s going up from now on . Buy now!

Posted by wallstreetrookie > 2020-09-01 15:20 | Report Abuse

Yall need to hold
Seriously
Our TP is 0.15 if you all sell we need
To wait
Another ten years for BoRNoil
To
Fly

Posted by Investor787 > 2020-09-01 15:28 | Report Abuse

PP 0.0536 is a fair feal . Bornoil on a right track bro

Posted by lehubeng > 2020-09-01 15:31 | Report Abuse

0.0536 is much fair than 0.044.... fly soon....

Posted by lehubeng > 2020-09-01 15:32 | Report Abuse

bornoil will not go below 0.055....

Posted by Andy555 > 2020-09-01 15:40 | Report Abuse

Pp 53c still reasonable la ..... no need worry

Posted by Valgrovest > 2020-09-01 15:44 | Report Abuse

Yes, higher PP price 53.6 sen indicates more positive appetite by potential placees ....and thus can expect share prices to go up shortly...

Posted by lehubeng > 2020-09-01 15:49 | Report Abuse

gold up.... 1989... 2k coming....

Posted by hakimsaat > 2020-09-01 16:31 | Report Abuse

ok.. now

Posted by hakimsaat > 2020-09-01 16:52 | Report Abuse

kecoh la.. naik 0.005 pn nk turunkn balik.. puiiihhhh

Posted by lehubeng > 2020-09-01 16:57 | Report Abuse

today close 0.06-0.065
tomorrow close 0.065-0.07.....

Posted by Investor787 > 2020-09-01 16:59 | Report Abuse

Typical Bornoil share price movement , welcome to bornoil

Posted by aizaclunk > 2020-09-01 18:23 | Report Abuse

@wan you want to buy mlab, go. apa lah keep copy paste and spam same message here

Posted by dreamer74 > 2020-09-01 18:34 | Report Abuse

PP is 5.4 cents, seem okay lah for big investor only 10% discount from 6 cents today.

Posted by 7036hisap_darah > 2020-09-01 18:56 | Report Abuse

gold 1990