Posted by pang123 > 2021-06-08 23:59 | Report Abuse

Macquarie isn't collecting from open market. If they have, you probably see the share price up by now. Why they subscribed bornoil newly issued shares? Probably due to the Bornoil plan to purchase the company with mining license. Instead of giving loan to the company, Macquaire invested into company. Reasonable. So now the company has the mining land and resources. It's about getting the gold now. Still, they got to find substantial gold to justify all expenditure cost too. As of now, it's just guessing how well they would do from the gold land.

Posted by Investor787 > 2021-06-09 05:54 | Report Abuse

Gold as carrot only counter.LOL to the bank

Posted by MZM2511 > 2021-06-09 08:21 | Report Abuse

Macquarie Bank to invest in Nice Capital Emas. I think due to the diversification of NICE’s existing core business to include exploration of minerals, gold mining (in Kelantan) and mining related business
-----------------
On 14 April 2021, NICE had entered into a subscription agreement with
Macquarie Bank for Macquarie Bank to subscribe for up to 124,000,000
NICE Shares.

On even date, NICE had also entered into a subscription agreement with
Mdm Heah to allot and issue 22,000,000 Placement Shares for a total
consideration of RM4,032,600 or at RM0.1833 per Placement Share.

Posted by pang123 > 2021-06-09 10:57 | Report Abuse

Expect firework this coming Thursday night. US will report rising inflation.

1) shipment fee at all time high. About 400%. Meaning all import goods would have price hike
2) chip prices have increased . 10-30%
3) chip shortage and higher material causing hike in car price and other electronics
4) timber already up 400% in 2021
5) oil price just hit all time high for the past 1 year.
6) rising food prices (all ingredients already hit the high in May).
7) ofcourse all metal prices also up massively in 2021.

And ofcourse, if Fed decided not to rise interest rate, we will see gold hit usd2k.

Posted by lehubeng > 2021-06-09 11:43 | Report Abuse

finally can get wc at 0.015.....

Posted by pang123 > 2021-06-09 11:55 | Report Abuse

https://www.thestar.com.my/aseanplus/aseanplus-news/2021/06/09/china039s-factory-prices-soar-in-may-but-consumers-avoid-cost-surge

Hyper inflation ady hitting the world?

Posted by ICONS23 > 2021-06-10 11:22 | Report Abuse

https://www.thesundaily.my/business/gold-prices-tipped-to-rise-further-in-coming-months-BI7947762

Posted by Jeffreyteck > 2021-06-10 15:12 | Report Abuse

Management sees potential and shares brought back despite co making losses. Smart management and bod, see the future that normal people can forsee.

Posted by singkalin > 2021-06-10 18:15 | Report Abuse

Why BOD still taking their sweet time to start mining?

Posted by BE_GREEEEEDY > 2021-06-10 21:45 | Report Abuse

Owning GOLD MINE is a JACKPOT already $$$
that why Australian Mac Bank Keep Collecting $
when Mining is On , TP BORNOIL 20 SEN , Explosive Warrant WC 15 sen...!

Posted by MrWinMoney > 2021-06-10 23:23 | Report Abuse

by next month, if this counter still remain at this range. then good luck. Ngo mou tak gao la, gao ngn dou la, lei mou gao ngo la. ( a Cantonese song). happy trading

Posted by DickyMe > 2021-06-10 23:25 | Report Abuse

Another rubbish counter from Borneo.

Posted by BE_GREEEEEDY > 2021-06-11 07:50 | Report Abuse

Will Gold Rally Continue Into Upcoming Months ?

May was certainly a positive month for the yellow metal. Gold could keep its momentum later this year.

Posted by richman > 2021-06-11 09:25 | Report Abuse

this is a must watch counter

Posted by weirdvilante > 2021-06-11 09:39 | Report Abuse

WHERE IS THE GOLD !!!!

Posted by 651158 > 2021-06-11 09:52 | Report Abuse

Gold can come anytime and go away anytime

Posted by 651158 > 2021-06-11 10:36 | Report Abuse

Gold up to 1900.3 lo bornoil don't sleep again wait up lo

Posted by pang123 > 2021-06-11 11:52 | Report Abuse

Gold turned from bearish to bull yesterday. Likely we will see this trend for next a month or so. But the rally in gold still not strong enough.

2 key things that would drive gold towards usd2000
1) Biden gets approval for usd6 trillion stimulus package
2) FOMC decision on interest rate for the rest of 2021.

There shouldn't be any raise interest rate from US in next FOMC. But any hints from FOMC on prospect of rising the rate in near future, would turn gold to bearish. For now, gold likely would go towards USD 1910-1920 ahead of FOMC.

Posted by pang123 > 2021-06-11 11:56 | Report Abuse

Ofcourse all eyes on local news for the MCO extension. Any extension would be bad for all companies.

Posted by whistlebower99 > 2021-06-11 12:09 |

Post removed.Why?

Posted by Tikam_2021 > 2021-06-11 12:19 | Report Abuse

Consolidation 10:1

Posted by BE_GREEEEEDY > 2021-06-11 13:56 | Report Abuse

warrant WC ,WD not affected by consilidation if any
BUT NO cosolidation lah , only tikam liao day dreaming

Posted by BE_GREEEEEDY > 2021-06-11 13:56 | Report Abuse

Gold Holds Gain as Investors Weigh U.S. Inflation

Posted by beginner > 2021-06-11 14:07 | Report Abuse

can only fly once they finally dig out some golds, but when nobody knows

Posted by pang123 > 2021-06-11 14:37 | Report Abuse

Again, 8B shares. It's like moving a big elephant. Not easy. But not impossible. If gold really could reach usd2000, surely there would be movement. Another way, Macquaire start to acquire shares from open market too. That may trigger interest in the share

Posted by BE_GREEEEEDY > 2021-06-11 15:01 | Report Abuse

huartt arrrr
GOLD what Potential 20 sen

Posted by Tikam_2021 > 2021-06-11 15:25 | Report Abuse

If no consolidation, at most can go to rm0.50 lorr

Posted by BE_GREEEEEDY > 2021-06-11 16:44 | Report Abuse

50 sen can one !

Posted by UncleFollower > 2021-06-11 17:22 | Report Abuse

To be honest, the Sabasco sauce is really pretty good...and I am not east malaysian

Posted by lehubeng > 2021-06-11 18:31 | Report Abuse

today right hand sell to left hand....

Posted by pang123 > 2021-06-11 22:52 | Report Abuse

Sadly, high inflation rate failed to sustain gold price at usd1900. Chart wise still bullish. But sentiment looking bearish. Probably looking at usd1850 range soon if no good news to sustain the gold price.

Posted by Tikam_2021 > 2021-06-12 01:49 | Report Abuse

Based on my own analysis based on candlestick, gold will drop like waterfall next week. But I really3 hope that I am wrong.

Posted by singkalin > 2021-06-12 10:02 | Report Abuse

Gold price still no effect on Bornoil.
Mining may take another year to materialize.

Posted by Investor787 > 2021-06-13 17:31 | Report Abuse

Its about right hand selling to left hand,

Posted by pang123 > 2021-06-14 15:12 | Report Abuse

Good thing about bornoil, gold falls, it doesn't affect it's share price too. Gold going for 1850 support. Anything below, we will see a massive buying support. As of now, gold price would remain subdued until we have the actual economy status. Inflation probably supporting the price now. Currently Europe and America reopening, is reporting good figure of recovery. After such a long lockdown, economy tends to bounce back bigger. Once everything cool down, we would likely know the exact health of the world economy. Do note that time is running out for vaccination around the world too. When comes winter, covid would raged again, and we would be back with more lockdown for those had received jab earlier, would required the 3rd jab as booster. That would tough to achieve if everyone still sceptical in getting the jab..luckily Malaysians are more willing to accept the jab now. But not in other countries though.

Posted by BE_GREEEEEDY > 2021-06-14 20:21 | Report Abuse

Monday, June 14 – Gold Dropping to Recent Low
Damn

Posted by Tikam_2021 > 2021-06-14 20:48 | Report Abuse

Yeah, sell limit gold at 1900.00, usd1 per pip, it's time to take profit...yuhuuuu...

Posted by BE_GREEEEEDY > 2021-06-14 22:05 | Report Abuse

Gold hits its lowest level in one month
By Seeking Alpha - 47 minutes ago
syiit

Posted by Tikam_2021 > 2021-06-14 22:58 | Report Abuse

Yes, manage to take profit at 1847.51, will use this winning money to buy biohldg.

Posted by pang123 > 2021-06-14 22:59 | Report Abuse

When inflation and ECB failed to drive the price up to usd1920, this is bound to happen. The price hit USD 1850. That is the strong support. As long as gold above that, there would be a good chance we see price going up back USD1900 very soon, and then hit new high USD 1920-1950. Will some luck USD2000.
Inflation already happening. It's happening big time in whole world. Moreover I won't surprised if Europe went into another lockdown soon due to the euro 2020. Again, I won't be surprised to see gold hit usd2500 by year end if new covid variant start to hit US and Europe due to the cold weather. At the rate of vaccination, it looks like to reach immunity herd seems like a big task for whole world. People would slacked off after taking 1st 2 jab. Pharmacy looking to profit big time. Countries would be hit with massive budget just to get vaccine. The worse might yet to come.

Posted by Tikam_2021 > 2021-06-14 23:20 | Report Abuse

Good writing dear pang123

Posted by pang123 > 2021-06-15 15:28 | Report Abuse

With more economic data due, there could be few surprises in for US. Expect gold to trend higher ahead FOMC. And hopefully will start bullish trend again.

Posted by BE_GREEEEEDY > 2021-06-15 16:52 | Report Abuse

disaster tomorrow
DEAD RAT

Posted by justin1njp > 2021-06-15 16:56 | Report Abuse

Sapu time. 3.5

Posted by pang123 > 2021-06-15 17:13 | Report Abuse

Well.. for bornoil I guess it's good to get it 0.03 to 0.035. if you confident gold would go up USD2000 to 2500 , then you should grab. If you feel gold going to fall, then any gold stock would be a nono

Posted by Valgrovest > 2021-06-15 17:31 | Report Abuse

It seems today got cheap sales - plenty for sale at 3.5sen. This is even cheaper to Mcquarie average purchase price. Question is should we be buying? Maybe not many have the courage to buy now when it becomes so cheap. Maybe scare it will drop lower. Even if we dare to buy we need to be prepared to hold it for a very very long time....

Posted by lehubeng > 2021-06-15 17:33 | Report Abuse

right hand to left hand show....

Posted by lehubeng > 2021-06-15 17:34 | Report Abuse

After acquire cheap through pp and esos

Posted by justin1njp > 2021-06-15 17:36 | Report Abuse

Become top 3 volume share.
Mcquarie average buying price is about 3.47sen. MCbank alreadyuse 15 million to subscribe the pp.

Posted by pang123 > 2021-06-15 17:44 | Report Abuse

Bornoil affected by news that mining at tasik Chini being ordered to stop. It will not stop forever. Government would need business to run again to gain money.