Posted by Trader9 > 2021-09-06 11:24 | Report Abuse

dont waste your time on this counter

Posted by alenac > 2021-09-06 13:00 | Report Abuse

I foresee share consolidation maybe 10 to 1 as the number of shares is quite huge. Can consider buying if got consolidation.

UncleFollower @farmflyer well said
@SincereStock well said

@alenac if wanna trade/ play contra Bornoil really is sleeping. Like someone else here said can buy cannot sell lol. If cannot afford to lock up a part of portfolio in this counter, stay away. No one knows how long. But with the fundamentals, a gold story, and the very very very long play by the operators, the odds are in favour of a huge rise to the moon

Posted by lehubeng > 2021-09-06 14:36 | Report Abuse

no new share subscription from MQ. Will back to 0.025-0.03 for MQ subscribe at 0.025.... if subscribe now, MQ need to pay above 0.032.....

Posted by lehubeng > 2021-09-06 14:38 | Report Abuse

if gold above 1850, will bornoil rise 0.035-0.04?

Posted by BE_GREEEEEDY > 2021-09-06 16:23 | Report Abuse

Looks great $$$$ ahead
Immediate TP 10 sen after flushing out weak holders...
WC 7 SEN..

Posted by UncleFollower > 2021-09-06 16:28 | Report Abuse

Another 32M WC changed hands...someone accumulating WC. Just in recent days almsot 10% of outstanding WC absorbed

Posted by lehubeng > 2021-09-06 16:44 | Report Abuse

accumulating? sell wc at buy price worr......

Posted by UncleFollower > 2021-09-06 16:53 | Report Abuse

yes accumulating...or operators moving stock we dont know. fact is there was a huge buyer queue, seller cleared it, then buyer took out seller queue again. it's not that little money and not bilis move...

Posted by UncleFollower > 2021-09-06 16:54 | Report Abuse

only 2 possibilities...

if they are preparing for a pump to 7 or 10 cents, WC will make much more than mother shares. wC expiry still long way to go + if operators have control of price, WC is safe for them

or...they are doing a wayang show to lure in bilis like us lol and actually disposing WCs...

what do u think...

Posted by UncleFollower > 2021-09-06 16:59 | Report Abuse

hopefully it's the former...because even bilis would choose mother share over wC at this price as valgrovest said. lets not forget today it's changing hands at 1.5c but last week 70M at 2.0c, when mother share 3.0c.....weird moves

Posted by shybutter > 2021-09-06 17:47 | Report Abuse

Acquire for what?

Any new project coming in?


DATUK JOSEPH LEE YOK MIN @ AMBROSE (a company director) acquired 1,000,000 shares at 0.035 on 06-Sep-2021.

Posted by lewis3333 > 2021-09-06 17:50 | Report Abuse

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3190412

soon???

Posted by Fong Chin-bok > 2021-09-06 18:46 | Report Abuse

1m too less, he needs to buy 100m per day only can push up the price

Posted by kuaTAKtahu > 2021-09-06 21:25 | Report Abuse

Buy .

Buy .

Buy .
Buy .

Buy .

Buy .
Buy .

Buy .

Buy .
Buy .

Buy .

Buy .
Buy .

Buy .

Buy .

Posted by Will188 > 2021-09-06 22:55 | Report Abuse

Don't be fool.. Last time gold findings Sign MOU with Minetech.. Habuk pun tak nampak...

Posted by Investor787 > 2021-09-06 23:38 | Report Abuse

Its about lefthand and righthand and dumping pp.LoL.

Posted by Investor787 > 2021-09-06 23:41 | Report Abuse

G dex moving up or down?

Posted by BE_GREEEEEDY > 2021-09-06 23:42 | Report Abuse

UncleFollower@ Another 32M WC changed hands...someone accumulating WC. Just in recent days almsot 10% of outstanding WC absorbed
--------------
More $$$ to come !!

Posted by ZackMaz > 2021-09-07 10:27 | Report Abuse

company starts to do profits, tunggu masa meletuplah...jangan target jauh2...0.08c is more than enough for now

Posted by lehubeng > 2021-09-07 11:38 | Report Abuse

hold tight... wait.... 1 year, 2 years, 3 years, ..... 20 years.....

Posted by lehubeng > 2021-09-07 11:39 | Report Abuse

i no buy at 0.03 and above.... will average down at 0.01....

Posted by BE_GREEEEEDY > 2021-09-07 11:57 | Report Abuse

Looks great $$$$ ahead
Immediate TP 10 sen after flushing out weak holders...
WC 7 SEN..

Posted by Will188 > 2021-09-07 13:57 | Report Abuse

Sincerestock where r u? Where is the last year MOU with Minetech on gold exploration? Can help check?

Posted by Will188 > 2021-09-07 13:57 | Report Abuse

Only super long term holding power can play this stock. Not Medium/ST. Sure force to sell/cut loss.

Posted by SincereStock > 2021-09-07 14:12 | Report Abuse

@Will188 I don't know about that, not the reason I enter this counter, you want me to google for you?

Posted by SincereStock > 2021-09-07 14:14 | Report Abuse

I have no problem with operators trying to shake out the weak holders, as far as I concern, the bottom price for this stock is 0.025 at this moment (short to mid term), unless there is any fundamental changes

Posted by lehubeng > 2021-09-07 14:57 | Report Abuse

MQ 5 million at 0.03....

Posted by SincereStock > 2021-09-07 15:04 | Report Abuse

so 0.030 the latest updated bottom of this counter, good to know

Posted by Sales > 2021-09-07 15:15 | Report Abuse

How this stock don't follow Fintec. Fintec profit 720 millions still asking for RI.

Posted by justin1njp > 2021-09-07 16:09 | Report Abuse

西非国家几内亚发生军事政变恐令当地铝土矿(bauxite)出口受阻，消息刺激伦敦期铝周一最多升1.8%，至每吨2782美元，创2011年5月以来新高。

Bornoil also got bauxite.
Export from bornoil la. Haha

Posted by damiantreez > 2021-09-07 16:53 | Report Abuse

strong support at 3 sen now since MQ bought 5mil at 3 sen.

Posted by lewis3333 > 2021-09-07 20:50 | Report Abuse

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3190814

Posted by kuaTAKtahu > 2021-09-07 21:30 | Report Abuse

Buy 3 sen tomorrow

Posted by Zolan2020 > 2021-09-08 00:02 | Report Abuse

SC then found new bottom

Posted by BE_GREEEEEDY > 2021-09-08 14:19 | Report Abuse

Remained solid rock $$$$$

Posted by whistlebower99 > 2021-09-08 15:11 |

Post removed.Why?

Posted by BE_GREEEEEDY > 2021-09-08 15:29 | Report Abuse

flush out ponda* / weak holders
those pressed the panic button , now in MAD
TP Bornoil 10 sen
2nd round Goleng in the making
Profitable making money company

Posted by SincereStock > 2021-09-08 15:50 | Report Abuse

Operator to contra players: your last chance to exit at 0.030

Posted by SincereStock > 2021-09-08 15:57 | Report Abuse

recently they bought at 0.030 (PP), sold back at 0.030? I think they would like to sell 0.035 or above, most likely left right hand game to flush out contra players only

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

now the plan is to make those contra players / weak retailers that queue sell at 0.035 to switch to queue sell 0.030

strong holders just sit back and enjoy the show

Posted by BE_GREEEEEDY > 2021-09-08 16:15 | Report Abuse

SAPUUUUUUUUUUUUUUUUUUUUU

Posted by BE_GREEEEEDY > 2021-09-08 16:18 | Report Abuse

those pressed the panic button now in MAD...

Posted by BE_GREEEEEDY > 2021-09-08 16:19 | Report Abuse

Why woli..?...making solid money Co $$$$

Posted by lehubeng > 2021-09-08 16:21 | Report Abuse

MQ bought 50 mil at 0.025 and only bought 5 mil at 0.03, MQ have plenty to throw at 0.03.... and it can still get 0.025 for remaining 300 mil shares yet to subscribed....

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

MQ can easily manipulate the the share price....... sell at 0.03..and later buy subscription share at 0.025....

Posted by BE_GREEEEEDY > 2021-09-08 16:33 | Report Abuse

join ride / tumpang on them = $$$

Posted by BE_GREEEEEDY > 2021-09-08 16:34 | Report Abuse

5 sen anytime

Posted by mhanaS > 2021-09-08 21:11 | Report Abuse

Dear all.
Firstly I would like to express my gratitude to the participants of this thread for the insightful sharing of this counter. Special mention go to Valgrovest and MZM2511.

For Borneo Oil Beehad (BOB), I sum up the following:

1. This counter is trading near its year-low of 2½sen. The year-high is 5½sen.
2. There is an ongoing PP to MC who have subscribed at prices as low as 2½sen. Without them being a substantial shareholder, it may be true that they are behind the selling pressure at 3 - 3½sen. This exercise of immediate dumping has its pros and cons. On one hand it guarantees a margin spread but on the flip side, if BOB shoots up on perhaps gold or MCO recovery news, the PP subscriber would lose out on a higher profit.
3. There has been record of the CEO acquiring additional shares, generally taken as a good sign.
4. Traces of warrant purchases with a strike price of 7sen give rise to the idea that this counter can shoot up sooner rather than later to make the warrants in the money.
5. The NTA of this counter is 11sen, and currently the candlestick chart indicates this counter price as neutral. This counter has no significant dividend history, and as yet no consolidation or split plans.
6. The latest AR indicates an EPS of 36sen although this was due to a strong Q4 EPS of 52sen.
7. There are 7.955b shares outstanding, excluding warrants and approximately 20% of PP under the MC exercise.

With all these in mind, I conclude the following:
1. The current value of this counter is 2.8sen, including all proposed dilution. There seems to be no willing sellers at 2½sen. The 3sen queue appears very dynamic perhaps due to the PP subscriber managing its sales of shares.
2. There has been a noticable attraction to this counter. This can be seen from the increased queue and trading volume after BOB released its Q4R, and its results were given media attention. I am in the opinion that this counter will gain traction moving forward, especially once the PP subscription exercise is completed.
3. Investors should be tactful in ensuring that we are able to ride on this wave. I am in no position to advise on investment decisions, but I can share with you what I plan to do with this counter, having absorbed all the insightful information.
4. I have set an accumulation strategy with price range of 2½ - 3sen. Any price below seems unrealistic but not impossible. Any price above seems like overkill as long as the PP is in place. This strategy encompasses periodic purchases of shares for a period of twelve months, for a total of 1.2m units of BOB shares. This periodic purchase strategy will average out the cost average and shield me against any sudden price fluctuations.
5. With the warrants strike price and share historical price in mind, I have set a modest yet realistic TP of 5sen within the twelve months investment period. Not excluding fees, this tramslates into a gross yield of 67%. There will be no CL for this investment, all shares will be sold once the term concludes.

Let's rock and roll.

Regards
MHA

Posted by kuaTAKtahu > 2021-09-08 21:29 | Report Abuse

Will buy 2.5 sen tomorrow

Posted by BE_GREEEEEDY > 2021-09-08 22:56 | Report Abuse

2.5 sen ?,,,, keep on Q-ing till you become A Grandma / Grandpa
immediate TP Bornoil 5 sen
WC 3.5 sen
Solid Fundermental Making money Co - Shame to bluecheat@Chip