Posted by 651158 > 2020-11-16 23:04 | Report Abuse

not only red , but already die lo , all director just only know taken money doesn't doing they job

Posted by lehubeng > 2020-11-17 09:57 | Report Abuse

no movement.... boring.... good if rise to my tp, let me sell or drop to 0.025, let me buy.....

Posted by lehubeng > 2020-11-17 11:31 | Report Abuse

aiyoyo, just joking, why bornoil really drop....吓死宝宝了。。。。

Posted by spammerx > 2020-11-17 12:10 | Report Abuse

All revenue goes to expending business.. feel positive it will grow some day

Posted by UncleFollower > 2020-11-17 12:23 | Report Abuse

Volume exploding again...4.5c buy 4.5c sell. They not bored we bored.

Posted by 651158 > 2020-11-17 16:28 | Report Abuse

lift right lift right only no ch

Posted by 651158 > 2020-11-17 16:30 | Report Abuse

you people ask director what he doing the job just only know esos made this price drown

Posted by 651158 > 2020-11-17 16:36 | Report Abuse

no supported bornoil all run to another home to play play

Posted by Cojack31 > 2020-11-17 18:04 | Report Abuse

Dont buy dont sell.. All trans left n right only

Posted by MZM2511 > 2020-11-17 18:57 | Report Abuse

NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING BORNEO OIL BERHAD ("BORNOIL" OR THE "COMPANY") PROPOSED SUBSCRIPTION OF UP TO 1,205,827,550 NEW ORDINARY SHARES IN BORNOIL ("BORNOIL SHARE(S)" OR "SHARE(S)") BY MACQUARIE BANK LIMITED ("PROPOSED SUBSCRIPTION")

Posted by MZM2511 > 2020-11-17 18:58 | Report Abuse

Another up to approximately 20% of the total current number of issued Shares (excluding treasury shares)

Posted by MZM2511 > 2020-11-17 19:01 | Report Abuse

It's the reason why they cap the price for the convenience of their shares subscriber!!!!!

Posted by wallstreetrookie > 2020-11-17 19:02 | Report Abuse

@Mzm2511 one day if we no longer stuck in Bornoil we go to pub together okay?

Posted by MZM2511 > 2020-11-17 19:03 | Report Abuse

Never ending ESOS and PP??????

Posted by MZM2511 > 2020-11-17 19:10 | Report Abuse

@wallstreetrookie. Thanks. This one I think is another new PP. Or it's from the last approved PP?

Posted by Topper88 > 2020-11-17 19:31 | Report Abuse

Mean that the person buyubg the 20% share sees the future of the company?

Posted by justin1njp > 2020-11-17 20:05 | Report Abuse

This pp seem from australia. 40 million invested for expansion.
Even heavy elephant hard to move also want to invest.
The pp person in agreement stated no need become board member. He so confident in this company.

Posted by MZM2511 > 2020-11-17 20:05 | Report Abuse

The new shares will be granted under the proposed fund raising activity. The shares usually subscribed at discount price to make sure the subscriber agree to subscribe it.

Posted by MZM2511 > 2020-11-17 20:28 | Report Abuse

@justin1njb. Financially this company is stable. Also has a viable projects/businesses.

For example before I buy a small quantity of the shares for the first time after the last share spike, I looked at their balance sheet and studied some information about it. After I bought it, the share price keep falling, therefore I studied more to find the reason why that happens.

My conclusion is, two main reasons why that happen is because of the management objectives about the state of their company share price and because of a series of ESOS and PP. The ESOS and PP exercises keep continuing for so many years.

Posted by dreamingpanda > 2020-11-17 20:31 | Report Abuse

Consolidate lah 10 to 1, then it will fly like vivocom..Management better be fast vivocom, DGB and PA already doing it...

Posted by MZM2511 > 2020-11-17 20:34 | Report Abuse

This company in the long run will consolidate their shares. When, I don't know.

Posted by MZM2511 > 2020-11-17 20:39 | Report Abuse

If the company consolidate their share without doing capital reduction exercises (parts of their capital reduced),the exercises will give more goods than bad for the small share holders.

Posted by wallstreetrookie > 2020-11-17 20:41 | Report Abuse

That’s why I said anyone here majority top 20 shareholders. Go call them and suggest to do consolidation

Posted by 651158 > 2020-11-17 20:54 | Report Abuse

you people think after consolidated share must be up , give the good reason

Posted by MZM2511 > 2020-11-17 21:05 | Report Abuse

Simple, just look at Vivocom.

Posted by MZM2511 > 2020-11-17 21:05 | Report Abuse

LIST OF TOP 30 SHAREHOLDERS AS AT 30TH SEPTEMBER 2020

1 AFFIN HWANG NOMINEES (ASING) SDN BHD
(Pledged Securities Account for Lei Shing Hong Securities Limited)
1,264,408,250 21.16
2 RHB NOMINEES (TEMPATAN) SDN BHD
(Pledged Securities Account for Hap Seng Insurance Services Sdn Bhd)
273,000,000 4.57
3 CGS - CIMB NOMINEES (TEMPATAN) SDN BHD
(Pledged Securities Account for Lim Nyuk Sang @ Freddy Lim)
105,000,000 1.76
4 TAN SOH GEK 70,069,500 1.17
5 CGS - CIMB NOMINEES (TEMPATAN) SDN BHD
(Pledged Securities Account for Lee Yoke Foong)
69,000,000 1.15
6 KHOO YONG AI 64,050,000 1.07
7 LCP LIMITED 58,074,100 0.97
8 IBRAHIM HUSSAIN 50,000,000 0.84
9 MAYBANK NOMINEES (TEMPATAN) SDN BHD
(Pledged Securities Account for Celeste Assets Sdn Bhd)
35,250,000 0.59
10 PUBLIC NOMINEES (TEMPATAN) SDN BHD
(Pledged Securities Account for Lim Geok Hoon)
35,175,000 0.59
11 KHOO BUCK CHEW 31,185,000 0.52
12 AMSEC NOMINEES (TEMPATAN) SDN BHD
(Pledged Securities Account for Jega Devan A/L M Nadchatiram)
26,520,000 0.44
13 AMSEC NOMINEES (TEMPATAN) SDN BHD
(Pledged Securities Account for Joseph Lee Yok Min @ Ambrose)
24,720,000 0.41
14 PUBLIC NOMINEES (TEMPATAN) SDN BHD
(Pledged Securities Account for Leng Kok Liang)
24,700,000 0.41
15 ALLIANCEGROUP NOMINEES (TEMPATAN) SDN BHD
(Pledged Securities Account for Batu Bara Resources Corporation Sdn Bhd)
23,500,000 0.39
16 JEREMY KHO HUI JAQ 22,650,000 0.38
17 AMSEC NOMINEES (TEMPATAN) SDN BHD
(Pledged Securities Account for Victoria Capital Sdn Bhd)
21,868,500 0.37
18 MAYBANK NOMINEES (TEMPATAN) SDN BHD
(Pledged Securities Account for Ong Yoong Nyock)
20,875,000 0.35
19 LCP LIMITED 19,935,500 0.33
20 TAN BENG SIM 18,756,900 0.31
21 CITIGROUP NOMINEES (ASING) SDN BHD
(Pledged Securities Account for Sunnyvale Holdings Ltd)
17,856,550 0.30
22 CHU SHENG TAUR 16,500,000 0.28
23 CHU SOONG TAU 16,500,000 0.28
24 ONG SOI TAT 16,500,000 0.28
25 MAYBANK NOMINEES (TEMPATAN) SDN BHD
(Pledged Securities Account for Pang Su Siong)
16,000,000 0.27
26 MAYBANK SECURITIES NOMINEES (TEMPATAN) SDN BHD
(Pledged Securities Account for Lu Li)
14,978,250 0.25
27 TA NOMINEES (TEMPATAN) SDN BHD
(Pledged Securities Account for Yee Wei Meng)
14,240,000 0.24
28 QUECK HAN TIONG 14,000,000 0.23
29 KENANGA NOMINEES (TEMPATAN) SDN BHD
(Pledged Securities Account for Chong Kon Tet)
13,421,000 0.22
30 UOB KAY HIAN NOMINEES (ASING) SDN BHD
(Pledged Securities Account for UOB Kay Hian Pte Ltd (A/C Clients))
12,757,391 0.21

Posted by MZM2511 > 2020-11-17 21:10 | Report Abuse

There are only substantial share holder (owning 5% or more) , it is AFFIN HWANG NOMINEES (ASING) SDN BHD (Pledged Securities Account for Lei Shing Hong Securities Limited) with 21.16 % shareholding.
This company with one substantial BOSS only... ???????? !!!!!!!!!

Posted by dreamingpanda > 2020-11-17 21:16 | Report Abuse

If company still profitable, after consolidation it will likely to be up.

Posted by MZM2511 > 2020-11-17 21:17 | Report Abuse

@651158. Also, look at Globaltec Formation Berhad.

Posted by 651158 > 2020-11-17 21:23 | Report Abuse

if consolidated share up is good not all the company

Posted by DreamCruiser > 2020-11-17 21:23 | Report Abuse

No movement at all

Posted by MZM2511 > 2020-11-17 21:23 | Report Abuse

More lighter to goreng. For example if the share price at 5 sen before consolidation. Let say consolidation 1:10, therefore the price theoretically at least 5 x 10 = RM0.50. The company looks better because the price is not to low. Has more potential to go upward.

Posted by DreamCruiser > 2020-11-17 21:24 | Report Abuse

Lagi tidor juga kah

Posted by DreamCruiser > 2020-11-17 21:24 | Report Abuse

Still hibernating juga kah

Posted by 651158 > 2020-11-17 21:24 | Report Abuse

if can up not Nick consolidation

Posted by DreamCruiser > 2020-11-17 21:24 | Report Abuse

What la

Posted by DreamCruiser > 2020-11-17 21:24 | Report Abuse

Apa daah

Posted by DreamCruiser > 2020-11-17 21:25 | Report Abuse

Dont know when going to move

Posted by DreamCruiser > 2020-11-17 21:25 | Report Abuse

No idea

Posted by DreamCruiser > 2020-11-17 21:25 | Report Abuse

No clue at all

Posted by MZM2511 > 2020-11-17 21:34 | Report Abuse

@651158. As I said. ... the exercises will give more goods than bad for the small share holders.
Sometimes, it will be bad for certain company. It maybe cause by certain failure in that company.
But theoretically it's should be good for more companies.

Posted by Topper88 > 2020-11-17 21:45 | Report Abuse

I don't think consolidation will help like jag, vivocom is the exception in consolidation case

Posted by MZM2511 > 2020-11-17 21:49 | Report Abuse

It did it for example at Globaltec.

Posted by MZM2511 > 2020-11-17 21:51 | Report Abuse

A share consolidation is the opposite of a share split and, indeed, is sometimes referred to as a reverse share split. A share consolidation is where a set number of existing shares in a share class are consolidated into one share. Like a split this will not change the shareholders’ rights, meaning that following the split the rights to dividends and voting rights will be unchanged. It merely alters the number of shares and the nominal value of each share.

Posted by MZM2511 > 2020-11-17 22:23 | Report Abuse

@Topper88. If the company do consolidation exercise after capital reduction exercised, it's a different situation. The total share capital of the company will be reduced (because of to offset the acumulated losses) and the total share capital owned by share holder after consolidation will be reduced also. Its not good.

Posted by lehubeng > 2020-11-17 22:48 | Report Abuse

bornoil risky investment..... never ending esos, PP, diluting retailers shares......floor price 0.025.... can bornoil fly before completing all this esos and pp?

Posted by justin1njp > 2020-11-17 23:25 | Report Abuse

The only substantial shareholder is held under Affin Hwang Nominees (Asing) Sdn Bhd (Pledged Securities Account for Lei Shing Hong Securities Limited), of which the ultimate beneficial owner is Victoria Limited
20.99%.
Then u can see the name Dato' Azahar Bin Rasul.

That means he own victoria limited.

This dato also is director in EAH n VIVOCOM. Suprise.

Posted by spammerx > 2020-11-17 23:30 | Report Abuse

Profit 1.742Mill last Q4

Posted by justin1njp > 2020-11-17 23:30 | Report Abuse

6.4 Future prospects of the Group The Group expects challenges moving forward amidst the escalating COVID-19 pandemic and the uncertainties from the global economy. As set out in note 1, Section 3 of this announcement, the Group has initiated several new business strategies and plans to enhance its FFO business segment's performance. These include, amongst others, launching of SugarBun e-wallet platform, inventing and producing its new in-house chili sauce namely, Sabasco Premium Sabah Borneo, and the development of a stand-alone outlet for all the Group's brands housed under its existing FFO business segment. In view of the foregoing, the Board and management of Bornoil are optimistic about the financial contribution that may be accrued from the new business strategies and plans to the Group moving forward. In respect of the PIM business segment, the expected date for commissioning of the ILPP has been delayed to third quarter of 2021 due to the COVID-19 pandemic, which has resulted entry restriction of foreign nationals, who possess the prerequisite expertise to install the prefabricated plant equipment at the ILPP to Malaysia. Notwithstanding the above, the Group will keep abreast of the latest development and the regulation in respect of the travel requirements to and from Malaysia and will take necessary procedures or measures available should the restrictions be uplifted. In respect of RSE business segment, the Group, through its wholly-owned subsidiary, namely Borneo Oil & Gas Corporation Sdn Bhd, had on 13 August 2020, signed a Memorandum of Understanding ("MOU") with Minetech Construction Sdn Bhd for a proposed joint collaboration on the gold mining works at Mukim Keratong, Pahang, to explore higher grade of mining ore. This joint collaboration will enable the parties to the MOU to leverage on each other's experience and resources in this project. Notwithstanding the current economic condition, the Board and the management are of the view that barring any unforeseen circumstances, the new business strategies in place will improve the financial performance of the Group in the long run.

Posted by Cojack31 > 2020-11-18 07:00 | Report Abuse

Bornoil no supporr a lot of trick and big retail investor not interested. .other counter already goreng kaw2. But bornoil still sleeping with old minded and old concept. AT many tines fly.up n down. Pdz. Luster. This one still esos..pp. really really Stupid counter. Go la ventures to medical/.gloves/ vacsin. . Hwgb now really fly. Last time penny stock also