BORNEO OIL BHD

KLSE (MYR): BORNOIL (7036)

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Last Price

0.01

Today's Change

0.00 (0.00%)

Day's Change

0.005 - 0.01

Trading Volume

505,300


34 people like this.

30,264 comment(s). Last comment by supersaiyan3 1 week ago

lehubeng

1,143 posts

Posted by lehubeng > 2021-07-21 17:00 | Report Abuse

next few days MQ will subscribed big volume with price less than 0.028....

Posted by wallstreetrookie > 2021-07-21 17:06 | Report Abuse

Haha Macquarie Bank is Wall Street level pumper

Posted by wallstreetrookie > 2021-07-21 17:07 | Report Abuse

Apart from UBS

UncleFollower

1,741 posts

Posted by UncleFollower > 2021-07-21 17:14 | Report Abuse

Bornoil has 684,476,000 treasury shares or about 8.7%. And they are obviously not done with SBB. What penny stock has this. One of a kind weird counter

lehubeng lambo and fintec no sbb... bornoil sbb 55.5 mil at 0.035 on 17 July ....
21/07/2021 4:58 PM

UncleFollower

1,741 posts

Posted by UncleFollower > 2021-07-21 17:15 | Report Abuse

MQ subscription floor price is 0.025...u so greedy ah

lehubeng just bought 15k units at 0.03, rest wait for 0.025...
21/07/2021 4:50 PM

lehubeng

1,143 posts

Posted by lehubeng > 2021-07-21 17:40 | Report Abuse

43.3 mil sbb at average 0.03049 .....

lehubeng

1,143 posts

Posted by lehubeng > 2021-07-21 18:06 | Report Abuse

maybe BOD want MQ to subscribe at price above 0.03, BUT MQ wants to subscribe below 0.03....it seems MQ has the upper hand.....

pineapple123

2,472 posts

Posted by pineapple123 > 2021-07-21 18:12 | Report Abuse

SBB ALOT. WHY ??

justin1njp

270 posts

Posted by justin1njp > 2021-07-21 18:15 | Report Abuse

Sbb already reached 9.244%.
Max is 10%.
Cant sbb already.
Only way is cancel or sell in market

pineapple123

2,472 posts

Posted by pineapple123 > 2021-07-21 18:21 | Report Abuse

justin1njp Sbb already reached 9.244%.
Max is 10%.
Cant sbb already.
Only way is cancel or sell in market
21/07/2021 6:15 PM

What do u mean cancel or sell in market? They buying wo

gghaha

1,639 posts

Posted by gghaha > 2021-07-21 18:55 | Report Abuse

Those bought 0.03 congrat cause will soon drop till 0.01….:)

Valgrovest

1,237 posts

Posted by Valgrovest > 2021-07-21 19:32 | Report Abuse

Very strange who are those throwing at 3 sen. Could that be Mcquirie? If not who has the large amount of shares to throw. If yes, then something is not right - maybe Mcquirie regret buying....and now start to let go.

Valgrovest

1,237 posts

Posted by Valgrovest > 2021-07-21 19:34 | Report Abuse

Or Mcquirie intentionally pushed down the price and buy back at lower price. ....

kuaTAKtahu

1,485 posts

Posted by kuaTAKtahu > 2021-07-21 20:08 | Report Abuse

BORNEO OIL BERHAD buyback 43,300,000 shares from 0.030 to 0.035 on 21-Jul-2021.

MZM2511

4,548 posts

Posted by MZM2511 > 2021-07-21 20:11 | Report Abuse

Announcement of Bornoil PP by McQuire Bank
---------------------------------------------------------
02-Feb-2021 1,500,000 units @RM0.034
03-Feb-2021 1,500,000 units @RM0.034
09-Feb-2021 1,500,000 units @RM0.034
11-Feb-2021 2,000,000 units @RM0.033
16-Feb-2021 3,500,000 units @RM0.033
19-Feb-2021 3,500,000 units @RM0.033
22-Feb-2021 50,000,000 units @RM0.034
24-Feb-2021 4,000,000 units @RM0.034
01-Mar-2021 2,000,000 units @RM0.035
03-Mar-2021 2,500,000 units @RM0.035
04-Mar-2021 3,000,000 units @RM0.034
05-Mar-2021 4,000,000 units @RM0.032
08-Mar-2021 8,000,000 units @RM0.032
10-Mar-2021 7,000,000 units @RM0.033
12-Mar-2021 18,000,000 units @RM0.033
16-Mar-2021 6,000,000 units @RM0.033
18-Mar-2021 90,000,000 units @RM0.033
19-Mar-2021 20,000,000 units @RM0.037
29-Mar-2021 2,000,000 units @RM0.036
30-Mar-2021 7,000,000 units @RM0.036
31-Mar-2021 4,000,000 units @RM0.036
05-Apr-2021 8,000,000 units @RM0.037
07-Apr-2021 8,000,000 units @RM0.037
08-Apr-2021 10,000,000 units @RM0.037
13-Apr-2021 30,000,000 units @RM0.040
20-Apr-2021 5,000,000 units @RM0.040
26-Apr-2021 5,000,000 units @RM0.038
27-Apr-2021 5,000,000 units @RM0.037
30-Apr-2021 5,000,000 units @RM0.037
04-May-2021 12,500,000 units @RM0.037
12-May-2021 4,000,000 units @RM0.035
17-May-2021 5,000,000 units @RM0.034
18-May-2021 5,000,000 units @RM0.035
21-May-2021 5,000,000 units @RM0.035
27-May-2021 6,000,000 units @RM0.033
02-June-2021 4,000,000 units @RM0.034
03-June-2021 67,000,000 units @RM0.034
08-June-2021 5,000,000 units @RM0.034
10-June-2021 5,000,000 units @RM0.034
14-June-2021 7,500,000 units @RM0.033
16-June-2021 10,000,000 units @RM0.032
22-June-2021 7,000,000 units @RM0.032
05-July-2021 7,000,000 units @RM0.030
06-July-2021 7,000,000 units @RM0.030
09-July-2021 270,000,000 units @RM0.029
12-July-2021 115,000,000 units @RM0.029
14-July-2021 5,000,000 units @RM0.029
15-July-2021 8,000,000 units @RM0.030
16-July-2021 10,000,000 units @RM0.030

TOTAL UNITS SUBSCRIBED (Up to 21 July 2021) = 882,000,000 UNITS

Outstanding balance of PP shares unsubscribed is 323,827,550 units
(Based on the maximum PP = 1,205,827,550 units.

Posted by FarmbesFlyer > 2021-07-21 20:37 | Report Abuse

Wow!! 3 cents dirt cheap. If tomorrow still got, SAPU!! By end of July, 100 and Mcquire Bank subscription shall be completed. Get ready to party soon. By the way, Mcquire Bank is just a proxy.

Valgrovest

1,237 posts

Posted by Valgrovest > 2021-07-22 09:07 | Report Abuse

It is now a rare opportunity to buy at 3 sen. It wont be there for long. Buy and keep. Why worry when Mcquirie bought huge huge amount at average of 4 sen !!

Posted by wallstreetrookie > 2021-07-22 09:24 | Report Abuse

Borneo Oil Berhad price target RM0.35 Buying right now is a no-brainer. Potential 10x the Margin of safety is insane

HrryPttr

1,975 posts

Posted by HrryPttr > 2021-07-22 09:24 | Report Abuse

3 sen finish

Valgrovest

1,237 posts

Posted by Valgrovest > 2021-07-22 09:24 | Report Abuse

No more 3 sen - all gone in 20 mins !!

Posted by wallstreetrookie > 2021-07-22 09:31 | Report Abuse

0.025 queue again let's go

Posted by wallstreetrookie > 2021-07-22 09:33 | Report Abuse

Grabbed another 20k at 0.03 lmao haha

BE_GREEEEEDY

1,832 posts

Posted by BE_GREEEEEDY > 2021-07-22 09:34 | Report Abuse

ATTACCKKKKKKKKKKKKKKKKKKKKKKKKKKKKK $$$$$$

Posted by wallstreetrookie > 2021-07-22 09:34 | Report Abuse

gambling on penny stocks are fun because why not right

651158

2,401 posts

Posted by 651158 > 2021-07-22 09:35 | Report Abuse

Anytime can be Boom

Stonecold

289 posts

Posted by Stonecold > 2021-07-22 09:37 | Report Abuse

3c is bottom.next 4c

Posted by wallstreetrookie > 2021-07-22 09:37 | Report Abuse

@651158 can you sell some on the market? Then Borneo Oil will become light as a feather. I heard you owned a lot of shares hahaha

Posted by wallstreetrookie > 2021-07-22 09:38 | Report Abuse

Is my broker down? NO more transactions for 10 minutes already. The machine literally stopped xdd

Posted by wallstreetrookie > 2021-07-22 09:44 | Report Abuse

Grabbed enough shares at 0.03 submitted buy queues at 0.025 the only thing is to do is WAIT and patience. Stock market transfers money from the impatient to the patient especially when it comes to gambling like a degenerate on penny stocks

651158

2,401 posts

Posted by 651158 > 2021-07-22 09:50 | Report Abuse

Wallstreetrookie i just got a little big only

Posted by wallstreetrookie > 2021-07-22 09:55 | Report Abuse

This company has been asleep for 13 years. It is definitely due for a run. Minimum 10 times the current price or I am not selling haha. Already put my sell order @0.3 You don't get to buy my shares anywhere below the ask

Posted by weirdvilante > 2021-07-22 09:58 | Report Abuse

where can check floating share vs treasury share ?

Posted by wallstreetrookie > 2021-07-22 10:01 | Report Abuse

Treasury - 727,776,000
Float - Approx 7,000,000,000
Macquarie owns 15%

Cojack31

1,673 posts

Posted by Cojack31 > 2021-07-22 10:15 | Report Abuse

No support 0.35. Shark also scared bornoil

Cojack31

1,673 posts

Posted by Cojack31 > 2021-07-22 10:15 | Report Abuse

Bornoil is big brother lor

Valgrovest

1,237 posts

Posted by Valgrovest > 2021-07-22 10:17 | Report Abuse

Looking at the sell que number it is quite obvious they are the small retail players. Large corporate players watching and waiting for right time to strike. When they strike they will eat up all the sell ques which are considered small to them. By then we cant catch anymore low price.

gghaha

1,639 posts

Posted by gghaha > 2021-07-22 10:27 | Report Abuse

Funniest joke of the week…..:)

Posted by weirdvilante > 2021-07-22 10:28 | Report Abuse

all the sell que is just operator. lol

Cojack31

1,673 posts

Posted by Cojack31 > 2021-07-22 10:29 | Report Abuse

correct..tgk siapa yg kena

Cojack31

1,673 posts

Posted by Cojack31 > 2021-07-22 10:30 | Report Abuse

Siapa jaga bornoil mmg no mercy.. One way biz only...ready watching rhe show with popcorn

lehubeng

1,143 posts

Posted by lehubeng > 2021-07-22 12:41 | Report Abuse

@UncleFollower MQ subscription floor price is 0.025...u so greedy ah


not greedy lah, today bought another 10k units at 0.03...
hopefully no regret...

bornoil kind of weird company, 2017 esos was 0.09 but share price dived to 0.035 in early 2020, and to 0.01 in March 2020.....

hold tight.... no sell....

UncleFollower

1,741 posts

Posted by UncleFollower > 2021-07-22 14:38 | Report Abuse

Good point justin. What will they do when they hit 10%. Distribute 1-for-10 is equivalent to 10% dividend. Cancellation is good for book value and what a blue chip will do, quite unlike Bornoil lol

MQ's 1.2B subscription allows an additional 120M SBB

This counter is quite exciting la...do we have any reference anywhere else? A foreign IB taking up 20%, treasury shares 10%, net cash, fresh loans own gold mines...trading at 3 cents. how not exciting

justin1njp Sbb already reached 9.244%.
Max is 10%.
Cant sbb already.
Only way is cancel or sell in market
21/07/2021 6:15 PM

UncleFollower

1,741 posts

Posted by UncleFollower > 2021-07-22 14:45 | Report Abuse

no regrets! even if we die here cant die too badly lol just make back elsewhere. must have that confidence before speculating

For a very brief moment we were able to buy at 1c 2c last crash. That was the only time. Now even MQ's cost is 3.2c. No matter how they churn it's not much lower than 3c.

The support at 2.5c and below is enormous. And to break below that someone ought to have the shares to dump.

Who has shares to dump at 2.5c and below, and why would they do that. Even if they dump at 2.5c we can hold and some may even buy - will they dump at 2.0c? No one really had an opportunity to have that low a cost

For other companies which have risen over a long time, maybe there were shareholders who had much lower cost. But this counter...the renewed Bornoil started when Hap Seng entered in a hugely dilutive rights issue and basically wiped out everyone else and took control of Bornoil. Their cost was at least 7.0c.

Many years later now there was never an escape wave...there is no way anyone can have a meaningful stake below 2.5c. Not even ESOS. ESOS records 400M at 2.7c, 400M at 3.684c, 216.5M at 3.28c. Placement 329M at 3.16c, 10.3M at 3.73c, 242M at 4.35c, 45M at 5.36c, 7.1M at 3.6c. MQ 887M at 3.194c.

so i say if it comes below 2.5c let it come and we can buy....

lehubeng @UncleFollower MQ subscription floor price is 0.025...u so greedy ah


not greedy lah, today bought another 10k units at 0.03...
hopefully no regret...

bornoil kind of weird company, 2017 esos was 0.09 but share price dived to 0.035 in early 2020, and to 0.01 in March 2020.....

hold tight.... no sell....
22/07/2021 12:41 PM

UncleFollower

1,741 posts

Posted by UncleFollower > 2021-07-22 14:48 | Report Abuse

warrants exercise cost is a good reference...somewhere sometime they will push it above for exercise. No sane operator will let 100M+ cash infusion go to waste. this is the market's and retailer's money. anything can happen...see shitty MTouche went to what 40c previously?

syndicates have full control of this counter looking at the way the shares move. no one else can make more than 100M shares disappear and reappear within seconds. full control also seen in this last run to 9c. crazy volume

UncleFollower

1,741 posts

Posted by UncleFollower > 2021-07-22 14:49 | Report Abuse

upside is huge, if people can punt on serba, why not on Bornoil

Valgrovest

1,237 posts

Posted by Valgrovest > 2021-07-22 14:58 | Report Abuse

It appears syndicate at play - noted and agree with UncleFollower that no one else can make mop up more than 100m shares in a few seconds except the syndicate. Just hold tight before they goreng the stock kaw kaw. It is coming - just wait and see.

Valgrovest

1,237 posts

Posted by Valgrovest > 2021-07-22 15:00 | Report Abuse

Looks like this counter is ripe for goreng....!!

Posted by investor2021trading > 2021-07-22 15:06 | Report Abuse

what u r buying r impurities from d recycled gold mine!

BE_GREEEEEDY

1,832 posts

Posted by BE_GREEEEEDY > 2021-07-22 15:17 | Report Abuse

smell FRYING GOLENGG OIL....
immediate TP 5 SEN
WD 3 SEN
WC 2 SEN

651158

2,401 posts

Posted by 651158 > 2021-07-22 15:25 | Report Abuse

0.035 value so high , slowly just waiting 0.030 is nearly coming

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