Today just sapu some bornoil, v tasty!! I have kept this stock for last 3 years. Overall I made some paper gain. Current price is best to buy. Good luck for those who believe this stock will fly one fine day!!
Bornoil with 8 billion issued shares too hard to push up. Be careful of share consolidation maybe 10 or 20 to 1. Very painful like sanichi, netx, kgriup, rtc
Same stories, Right issues, private placements, Esos, share get diluted, then next share coonsolidation, newbies forget about consolidations and think share price shoot up, and then again share price dip more and more to new low with more right issues, and private placement, esos etc... and consolidation.
We are seeing these for so many penny stocks.
Where these monies gone?? Bursa not checking all these moves??
The flexibilities bursa given to help the listed company become deployable...
So sad we have these type of things...
Disclaimer: Just sharing own thought, not a buy call or sell call.
These two days focus mainly on rubber glove stocks due to the spike in covid cases. Bornoil has to take some rest before go up again. Maybe time to reload if prices go down a bit. I hope to get 3.5 sen but may not be easy as co also doing share buy back last 2 days.
Macquarie Bank Ltd also involved in proposal to subscribe PP shares in Nice Capital Emas. Macquire seems to be interested to invest in the companies involving in GOLD MINING BUSINESS....
... (ii) an issuance of up to 146,000,000 new ordinary shares in NICE (“NICE Shares” or “Shares”) representing approximately 20% of NICE’s issued shares to Macquarie Bank Ltd and Heah Kwai Keng (“Proposed Shares Issuance”);
Total share issued 7 billion with 2 billion warrants, difficult to see the price up. Most likely is go for share consolidation and rights issue to raise more funds from shareholders. Directors only good in issuing shares to raise fund, doing business.
After kena goreng for a short while, this stock seems to go back to sleep again. I guess it is going to be another long long wait before next move. Can hear it snoring. Luckily I sold some at 4.5sen earlier (should have sold all) and now waiting patiently to buy back at lower price - may 3.5sen
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....
justin1njp
270 posts
Posted by justin1njp > 2021-04-13 17:41 | Report Abuse
Ya. Macbank also newbie.