Posted by Will188 > 2021-08-06 01:27 | Report Abuse

They makan back all PP. Plz prepare to keep this stocks for years. No holding power out of this counter plz. U know what is telan the whole company? I buy, lose 70% yet I don't want to sell. See who long life. Coz the NTA is damn high. If want privatise.. Pay us the value actual la. I buy until 0.005cts. I only need myr2500 to buy 500,000 shares! FU all mgt/directors.

Posted by BE_GREEEEEDY > 2021-08-06 08:25 | Report Abuse

poor will88
2 sen coming

Posted by pang123 > 2021-08-06 11:51 | Report Abuse

Well. All the counter needs now would be a higher gold price and also reports on their on going mining activities. It's has been 5 months. Yeah the have budgeted 10m for the project. So what is the progress? Have they found anything yet? For gold price, I'm optimistic that it will soon trending much higher. Found the support @usd1800. All eyes on tonight employment data. But still that is only short term. Long term wise, covid is raging around the world again. And this would kill the economy just like Malaysia. This wave caught me by surprised by how infectious this time. Be prepared for the worse as we get closer to winter in US and Europe.

Posted by Zolan2020 > 2021-08-06 16:37 | Report Abuse

nta will erode if qr result bad. so dont bother nta much. qr and ar are important. basically this is lousy companay. pl

Posted by Zolan2020 > 2021-08-06 16:38 | Report Abuse

no real business running to generate cash. hope this die fast. beware. dont get trapped in this dead company.

Posted by singkalin > 2021-08-06 16:44 | Report Abuse

Macquarie PP at discount price and sell at market price.
This type of business guarantee untung.

Posted by FarmbesFlyer > 2021-08-06 16:51 | Report Abuse

Buy all u can. Bloody cheap stock!!

Posted by Will188 > 2021-08-06 21:54 | Report Abuse

They eating all pp shares .. Accumulate. Buy n hold tight close notebook. NTA important coz it attract privatisation

Posted by Will188 > 2021-08-06 21:55 | Report Abuse

Else why they want telan the company..

Posted by singkalin > 2021-08-09 08:45 | Report Abuse

Down N Down N Down
Can lower until 1 cent ???

Posted by whistlebower99 > 2021-08-09 15:15 | Report Abuse

LAMBO and PDZ already consolidated, waiting to implement rights issue with free warrant.

When is Bornoil directors going for similar exercise?

Posted by whistlebower99 > 2021-08-09 15:42 | Report Abuse

MZMZ511
your good apple big CASH PILE is the result of massive share issuance to ESOS and PP. They are not from profits derived from business operations.

Many loss making penny stocks have big cash pile too.

Posted by MZM2511 > 2021-08-09 15:47 | Report Abuse

@wistlebower99. How about the retained earning????
Its shows that Bornoil overally a profitable company.

Posted by MZM2511 > 2021-08-09 16:23 | Report Abuse

@wistlebower99. To analyse on the financial conditions about certain company, you have to know basic thing about accounting or finance theories.

Please don't give any conclusion about a company without knowing any basic knowledge of accounting or finance. You will be A BLIND PARROT. Sorry.

Posted by justin1njp > 2021-08-09 18:04 | Report Abuse

If u go through annual report, u can c this bornoil got many properties n lands.

Furthermore top 30 got 40% of the total share(last year). This year i think can increase to 50% or more.

Those con ppl company. Top 30 may just have 10 %. Of the total share.

Posted by MZM2511 > 2021-08-09 18:08 | Report Abuse

@justin1njp. Indeed. It's true.

Posted by 651158 > 2021-08-09 18:36 | Report Abuse

Just ask company share buy back only can do

Posted by BE_GREEEEEDY > 2021-08-09 22:41 | Report Abuse

Flash Crash Shows Why It’s Tough to Be Bullish on Gold Right Now

Posted by kuaTAKtahu > 2021-08-10 10:08 | Report Abuse

Buy Buy Buy

Posted by FarmbesFlyer > 2021-08-11 01:57 | Report Abuse

Buy more before fly to moon!!

Posted by 651158 > 2021-08-11 07:59 | Report Abuse

No finish pp cannot fly because no wing to fly

Posted by Sioksiok19 > 2021-08-11 13:33 | Report Abuse

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3182165

Mcquirie bought another 6m at 2.5 sen under the pp. Could Mcquirie be the party involved in pressing down the price everyday in order to buy cheap whilst company trying to defend price by share buy back?

Posted by singkalin > 2021-08-11 14:26 | Report Abuse

Mcquire most probably dump some of the share because until now yet to become substantial share holder.

Posted by Sioksiok19 > 2021-08-11 14:48 | Report Abuse

Probably dumped some at 1/2 sen or 1 sen profit and continue to buy back via PP. They are the one playing and laughing. Maybe at this stage, we just watch their wayang.

Posted by Sunrisesunset > 2021-08-12 01:15 | Report Abuse

Had been holding since last year at 6cents..still hv faith.. Gold mines..

Posted by arlizam9621 > 2021-08-12 01:24 | Report Abuse

Aaaa

Posted by arlizam9621 > 2021-08-12 01:24 | Report Abuse

Aaaa

Posted by Will188 > 2021-08-12 02:02 | Report Abuse

Telan retailer shares.. U guys dont mimpi rebound. Using our money do business. Understand? *P. Placement non stop* see the trends from many years. Go study. PP n PP n PP.. Haha...

Posted by Sales > 2021-08-12 13:49 | Report Abuse

Don't kena con, we kept this stock since 2016. Price go down the drain.

Posted by Cojack31 > 2021-08-13 08:09 | Report Abuse

Sales@ same as u.

Posted by BE_GREEEEEDY > 2021-08-13 09:09 | Report Abuse

COMINGGGGG $$$$$$

Posted by BE_GREEEEEDY > 2021-08-13 09:10 | Report Abuse

immediate TP 5 SEN
WC 3 SEN WD 3.5 SEN

Posted by wallstreetrookie > 2021-08-13 09:11 | Report Abuse

Today my off day. Let’s go Borneo Oil

Posted by gghaha > 2021-08-13 13:54 | Report Abuse

soon from lower to lowest......:)

Posted by lehubeng > 2021-08-13 14:29 | Report Abuse

MQ 7 mil at 0.025...

Posted by lehubeng > 2021-08-13 14:30 | Report Abuse

lower after QR out?

Posted by Valgrovest > 2021-08-13 14:39 | Report Abuse

Today my rest day - just watch show by Mcquirie and Datuk Ambrose Lee action.

Posted by whistlebower99 > 2021-08-13 14:55 |

Post removed.Why?

Posted by Valgrovest > 2021-08-13 15:00 | Report Abuse

Wow....scary. Stop putting any more money into this company and let them play amongst themselves. Directors seem to be not doing their job to create value for the company and shareholders. ...And almost forgotten, where is C K Lau of Hap Seng the largest shareholder ?

Posted by Michael R. > 2021-08-13 16:07 | Report Abuse

7bil..just like topglov but this one has no value...

Posted by Michael R. > 2021-08-13 16:08 | Report Abuse

they can use other related company to buy their cheap share.. the company dont bother to incur losses or just reduced profit... this is a loophole..

Posted by MZM2511 > 2021-08-13 16:44 | Report Abuse

@whistlebower99.

MY E.G ( 0138 ) NOSH: 3.772 billion (going to be more than 8 billion after the incoming Bonus Issue) Current price RM1.62

Do you think this company will propose consolidation exercises?

----------------

Different company has a different state of financial status and with different management style.

Please be noted that even the company has a large of NOSH, Bornoil is sitting on a big CASH PILE (more than RM45 mil), and the NTA is at 11 sen, and its retained earning is at RM51 million. The company is financial sound and good.

*** Note: The recorded retained earning shows that Bornoil is overally a profitable company.

Please don't compare a rotten apple with a good apple. He He

Posted by MZM2511 > 2021-08-13 16:45 | Report Abuse

Kita mungkin boleh perhatikan kebanyakan syarikat yang buat consolidation ialah apabila syarikat mengalami kerugian terkumpul yang banyak selain daripada NOSH yang besar. Banyak syarikat yang mempunyai masalah kerugian terkumpul yang besar akan buat capital reduction bersama-sama dengan proses consolidation.

Dan biasanya, syarikat yang mempunyai BOD yang hanya memiliki peratus saham yang sedikit biasanya suka buat consolidation. Ini kerana kesan negatif consolidation banyak ditanggung oleh pelabur runcit berbanding pemegang saham insider.

NOSH yang besar bukan jadi sebab mewajibkan sesebuah syarikat membuat consolidation. Kecualilah:

1. Keadaan kewangan syarikat amat memerlukan consolidation dibuat, contohnya dalam keadaan kerugian terkumpul yang banyak dalam kunci kira-kira.

2. Atau ada UDANG DISEBALIK BATU dalam kalangan pengurusan sesebuah syarikat tertentu.

JIKA NOSH besar, keadaan kewangan okay, harga saham pun OKAY, syarikat tersebut rasanya tak perlu buat consolidation. LIHAT SAJA CONTOH MY E.G. Bukannya nak buat consolidation tetapi menambahkan lagi jumlah NOSH syarikat sampai 8 bilion unit melalui Bonus Issue.

Posted by MZM2511 > 2021-08-13 16:46 | Report Abuse

@wistlebower99.

SOME ADVICE FOR YOU:
1. Please don't give any conclusion about a company without knowing any basic knowledge of accounting or finance.

2. Some of the information or assumptions given was not true or misleading. Please do research for the true information.

2. Do you think that a company without any plans to do businesses is better than a
company which has a plan to do businesses?

What kind of THE BLIND PARROT company analyst you are. The cheap plug spammer. Haish

MY ACCUSATION ON YOU:
1. Infact, I suspect you have an ulterior motive.

2. Your analysis on certain companies looked bias, untrue and misleading. It's not fair to the company and its current share holders.

3. I'm afraid if you're one of the spammers who could gain much by spamming certain counter and speculating on the counter for your own sake.

I’m asking you a question. Are you holding any Bornoil shares?????

Posted by UncleFollower > 2021-08-13 17:33 | Report Abuse

45.62M is Cash + FD

Inventories is 35M (mainly limestones and raw materials) excluding trade receivables of 12.35M and other receivables 27.7M. If u look at past records they have a good record of recovery. Hardly any bad debt - and if there were, subseuqent quarters showed recovery of such bad debts

Above is based on cut off date 31/3. Since then PP and ESOS raised 25M, SBB used 10.5M, so net cash + 14.5M

So total cash including receivables is 45.6M + 12.3M + 27.7M + 14.5M

Investment properties are real and carried at book value. Look through the reports. Theres 612M here.

Company yet to have meaningful loans.

Last year after MCO secured a 50M loan. As I said before banks granting loan is a show of strength. Banks vet thru showing us another layer of scrutiny

Bornoil's book value is real. These are not goodwill etc. They are tangible assets.

Posted by UncleFollower > 2021-08-13 17:34 | Report Abuse

I dont know why you are so worried about share consolidation whistleblow. Consolidation isnt necessarily bad. If u wanna compare penny stocks look at vivocom. Bornoil isnt focus dynamic clan so dont worry

Posted by UncleFollower > 2021-08-13 17:42 | Report Abuse

whistleblower since you seem to be in the know what they are up to...and considering MQ floor price 2.5 cents...could you share with us how and who has the shares to push this down below 2.5 cents?

Posted by MrWinMoney > 2021-08-14 09:13 | Report Abuse

helo, cucu pun sudah keluar, counter ini masih x gerak kah?

Posted by Valgrovest > 2021-08-15 16:23 | Report Abuse

https://klse.i3investor.com/blogs/thethinker/2021-08-14-story-h1569743300-There_Is_Something_Serious_Inside_The_AVILLION.jsp

Just scroll down to the part that talked about PP and think how relevant it could be to Bornoil. They issued PP for some obvious reasons and it is not so much about raising funds like other companies or rights issue. This company is net cash. Just dont when is the "right" time for them to start moving up the share prices !!

Posted by BE_GREEEEEDY > 2021-08-16 09:25 | Report Abuse

Brewinggg $