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

mhanaS

213 posts

Posted by mhanaS > 2021-10-25 21:33 | Report Abuse

Yup.. need not be greedy. 12 months is a good target. It gives the chance to accumulate as well as provide ample time for recovery play with the post-pandemic economy and the elections along the corner. The next QR release may pose as a further opportunity. Good vibes.

Posted by Investor787 > 2021-10-26 00:18 | Report Abuse

Only the die hard remain with bornoil, just cannot kill the beast,

Posted by Investor787 > 2021-10-26 00:30 | Report Abuse

Some buy to average out the price , some buy hoping to make quick momey., some waited to sell since 2015. You can checked out but you cannot leave. Lol

SincereStock

2,360 posts

Posted by SincereStock > 2021-10-26 09:36 | Report Abuse

@Investor787 you talked like your money has left this counter, or you never invested in this counter at all. but it seems like you cannot leave here mentally too. still too concern about this counter. LOL!

Posted by Investor787 > 2021-10-26 10:09 | Report Abuse

Correct correct correct LOL

Posted by Investor787 > 2021-10-26 10:11 | Report Abuse

Checking of Same predicament

SincereStock

2,360 posts

Posted by SincereStock > 2021-10-26 10:25 | Report Abuse

@Investor787 different thing is, I am not that keen to leave here actually, I don't feel bad staying here for long at all.

it is you that felt bad for people that stayed here for long, although so your mental and soul stayed here, you should try to free yourself, not others

ZackMaz

79 posts

Posted by ZackMaz > 2021-10-26 11:02 | Report Abuse

yang penting buy low sell high...x kisah berapa lama tunggu, as long jangan PN17, Tak tipu audit, than you can stay hold in the company. Bornoil having real business and if they can sustain their profit for another 2-3 quarter, than we can see the movement of this heavy counter.

SincereStock

2,360 posts

Posted by SincereStock > 2021-10-26 11:27 | Report Abuse

@ZackMaz betul, orang macam Investor787 memang x pandai faham punya, ingat semua orang sini buy high kena trapped saja, padahal ada orang baru ja masuk sebab price sudah sangat murah, x mustahil sudah bottom pun, biarpun belum bottom pun x jauh suda dari bottom. so risau apa? tunggu la, investment memang kena tunggu punya ma

mhanaS

213 posts

Posted by mhanaS > 2021-10-27 09:57 | Report Abuse

No worries whatsoever @ZackMaz. Twelve month investment plan is on track. Very optimistic that the price will move up once the PP is completed. And the Sabasco sauce is marvellous!

sunsetbiz

770 posts

Posted by sunsetbiz > 2021-10-27 10:27 | Report Abuse

I dapat 2.5c ni....tunggu boleh naik sikit kfc tak ni

ZackMaz

79 posts

Posted by ZackMaz > 2021-10-27 11:22 | Report Abuse

demmm..how ealry u que to get that 0,025c

sunsetbiz

770 posts

Posted by sunsetbiz > 2021-10-27 11:46 | Report Abuse

lama gtd q ni....tapi rasa regret 2c better ....mau jual cepat nanti lemas mati ni

mhanaS

213 posts

Posted by mhanaS > 2021-10-28 04:59 | Report Abuse

Just keep it. 4.3m queue to get 2½sen is no easy achievement. Still queuing.

Valgrovest

1,237 posts

Posted by Valgrovest > 2021-10-28 10:39 | Report Abuse

It seems so hard to get 2.5sen. The buy Q is 10x the sell Q !

Valgrovest

1,237 posts

Posted by Valgrovest > 2021-10-28 15:08 | Report Abuse

MQ is subscribing 5mil shares at 2.5sen under the PP today.

Sales

3,272 posts

Posted by Sales > 2021-10-28 16:12 | Report Abuse

Don't buy at 3sen, don't give them chance to make profit of 0.005sen.

Valgrovest

1,237 posts

Posted by Valgrovest > 2021-10-28 20:01 | Report Abuse

Guys, the Annual Report has been released today. Have a read in details. I have few observations. MQ is not listed in any of the top 30 largest shareholders. So the conclusion is they are not holding any big amount of shares and obviously their modus operandi is to sell immediately even at half sen profit. Same goes for ESOS - with such a big amount of ESOS exercised none of the staff are listed in the top 30 largest shareholders. So same modus operandi - they probably sold immediately after exercising even at probably half a sen or a sen profit.

Valgrovest

1,237 posts

Posted by Valgrovest > 2021-10-28 20:07 | Report Abuse

The main plus point for the company is that the PP and ESOS generated much cash for the company, without which they would be in cashflow deficit. At the moment, the company is in net cash position with cash reserves and cash at bank of about RM35m. They also hold large number of Treasury shares which can be turned into cash if needed. Hence no cash flow or liquidity issue for this company for the short term.

mhanaS

213 posts

Posted by mhanaS > 2021-10-28 21:29 | Report Abuse

Great observation @Valgrovest. I do notice the growth of both queues but interestingly the Sell to Buy ratio remains at 10:1.
Still in GTD. Yes @sales, just hold and buy at 2-2½sen.

BE_GREEEEEDY

1,832 posts

Posted by BE_GREEEEEDY > 2021-10-29 00:24 | Report Abuse

be practical mehhh...even 2.5 sen is really tough to get
tired of Q-ing 2.5 sen till cat grows horn -then 3 sen the best bet
4 - 5 sen no sweat given the prospect of this damn good bornOIL

mhanaS

213 posts

Posted by mhanaS > 2021-10-29 10:10 | Report Abuse

For one full hour at opening today the price stayed at 2½sen. I guess someone got the message. We can do this all day ;P

mhanaS

213 posts

Posted by mhanaS > 2021-10-29 13:02 | Report Abuse

Very good point. Fully agreed!

UncleFollower

1,741 posts

Posted by UncleFollower > 2021-10-29 13:51 | Report Abuse

Joseph Ambrose is paid 75k a month while Raymond Teo is paid 5k a month only lol

pineapple123

2,472 posts

Posted by pineapple123 > 2021-10-30 21:18 | Report Abuse

Uncle, how did u know?

justin1njp

270 posts

Posted by justin1njp > 2021-10-30 21:55 | Report Abuse

If u read from the annual report.
It is very encouraging.
U can c the photo of the limestone plant. Gold mine plant. Sand plant.
All are ready to b used.
The 2nd phrase report of gold finding to be released.
Bornoil ceo also thinking about the future development of the company. Carbon related.
Hot cilli business.
Own 19% in verde resource.
From the top 30 shareholder lists. U can see some clues who are also invest in BOB n increase their shares.
Bright future.

lehubeng

1,143 posts

Posted by lehubeng > 2021-11-01 12:02 | Report Abuse

operators sell at 0.025 today?

UncleFollower

1,741 posts

Posted by UncleFollower > 2021-11-01 14:23 | Report Abuse

@pineapple Annual Report 2021

UncleFollower

1,741 posts

Posted by UncleFollower > 2021-11-01 14:28 | Report Abuse

@justin yea very encouraging.

Limestone plant still not completed - should boost earnings next year on completion

Looks like Bornoil is strongly tied to Pan Borneo too. This could be the 1 catalyst ahead of the others. If the Govt could just push this project for election base there's $ for many to make including Bornoil

If gold moves up further then whether or not Bornoil has dug up its gold is immaterial as we have seen before...the share moves ahead of real gold coming out lol

Chili is a long shot but a big one if it works. Maybe Joseph deserves his 75k a month ministerial level pay...

UncleFollower

1,741 posts

Posted by UncleFollower > 2021-11-01 14:43 | Report Abuse

Another interesting point for u guys to note...

From 1/10/20 to 30/9/21 which is cut-off date as per annual report, there's an increase of approx. 1.25B shares.

This comes from
MQ 977M shares
Plus PP & ESOS 623.605M shares
Total shares increased by approx. 1.6B shares
Less SBB 348.24M shares
Net total shares increaesd by approx. 1.25B shares

That's a lot of shares and some of us here have checked and found that no, MQ is not holding them directly. No new significant shareholders in Top 30. In fact as Justin has pointed out there are only 3-4 new names holding 70M shares or so.

However if u look at shareholders count, the increase is from 23199 to 23239 only in the same period. This means only an increase of 40 shareholders.

So let me tell u this...Bornoil shareholding is not as scattered as it seems...MQ's stake went to a bunch of nominees each holding maybe just less than 20M shares to go below Top30 radar...this means it will be easier than it seems to goreng this up when the right time comes...

This is a very long game in the making...the first round the incredibly priced ESOS went to a very large number of nominees...this is round 2 going to larger nominees...it smells the same as those penny stocks which just exploded one day out of the blue.

justin1njp

270 posts

Posted by justin1njp > 2021-11-01 17:17 | Report Abuse

Top 10 TNTT realty. (tnlogis)
Why TNTT likes BOB

mhanaS

213 posts

Posted by mhanaS > 2021-11-01 22:39 | Report Abuse

The downpress today seemed organized. Shake it long enough and perhaps they'll push down some poor investors at 2½. It does seem like their only remaining option, doesn't it?
The rest of us are waiting at 2½ GTD so good luck with the dump.

justin1njp

270 posts

Posted by justin1njp > 2021-11-01 23:04 | Report Abuse

Ong Yoong Nyock = TNTT realty = tnlogis = 1.29% = 93225000

lehubeng

1,143 posts

Posted by lehubeng > 2021-11-02 13:54 | Report Abuse

BOB pay director rm75k per month, director plan ESOS/PP/MQ for BOD, cronies et al, u help me , I help u........

lehubeng

1,143 posts

Posted by lehubeng > 2021-11-02 13:56 | Report Abuse

retailers do not see director worth rm 75k per month based on past records, hopefully retailers can appreciate director's value within next one to two years......

Posted by FarmbesFlyer > 2021-11-03 01:14 | Report Abuse

Last call to buy cheap Bornoil!!

lehubeng

1,143 posts

Posted by lehubeng > 2021-11-03 09:20 | Report Abuse

MQ still able to buy 300 mil shares at 0.025........

lehubeng

1,143 posts

Posted by lehubeng > 2021-11-03 11:06 | Report Abuse

wc 0.01 lelong.....0.005 coming.....

UncleFollower

1,741 posts

Posted by UncleFollower > 2021-11-03 14:35 | Report Abuse

Consolidation after MQ done...then we can trade at 26-29 cents lol

lehubeng

1,143 posts

Posted by lehubeng > 2021-11-03 16:35 | Report Abuse

another 2 million esos at 0.023.... never ending.... how much left?.....

lehubeng

1,143 posts

Posted by lehubeng > 2021-11-03 16:36 | Report Abuse

this is the reason director can get pay rm75k per month.... I help u , u help me.....

BE_GREEEEEDY

1,832 posts

Posted by BE_GREEEEEDY > 2021-11-03 18:47 | Report Abuse

Consolidation announcement this friday after market closed...

lehubeng

1,143 posts

Posted by lehubeng > 2021-11-03 19:11 | Report Abuse

After consolidation, there will be room to drop further.....

singkalin

544 posts

Posted by singkalin > 2021-11-04 08:58 | Report Abuse

BOD not making money for the company. They making money for themselves.
What is the Securities Commission doing. Also sleeping on the jobs.

Valgrovest

1,237 posts

Posted by Valgrovest > 2021-11-04 15:53 | Report Abuse

https://klse.i3investor.com/blogs/savemalaysia/2021-11-04-story-h1593666311-PM_to_launch_Pan_Borneo_Highway_in_Kinabatangan_Saturday.jsp

Pan Borneo Highway project launching by PM this Sat - this will be a catalyst for Bornoil.

mhanaS

213 posts

Posted by mhanaS > 2021-11-05 01:23 | Report Abuse

As long as we are aware of the price then we should be ok.

BE_GREEEEEDY

1,832 posts

Posted by BE_GREEEEEDY > 2021-11-05 08:38 | Report Abuse

WD in dangerous nowww.....WC in critical too ... anytime half sen

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