another 10% new private placement. this time the lowest price subscribed not 0.025 anymore.... Will be 0.01.... over past 2 years, 20% PP, 20% ESOS... and now 10% PP.... retailers share value has been diluted 50%.... even worse to WC and WD....
Fair value gain on investment in quoted securities RM50,678,000 Gain on disposal of quoted securities RM3,340,000 Gain on disposal of property, plant and equipment RM588,000.
revenue rm22344, but profit rm34931.... means possible QR valued VR share at 0.16 at this QR.... Next QR likely shows loss due to low value of verde resources share now.... -------- Agree. If @ 30-Jun-2022, the quoted price of Verde is lower than the quoted price of Verde @ the last 31-Mar-2022, there would be a fair value loss on Verde investment.
#I'm not sure if Bornoil has other quoted share counters in its investment portfolio.
revenue rm22344, but profit rm34931.... means possible QR valued VR share at 0.16 ... ------ On 31 March 2022, Verde quoted price is closed @ USD 0.1465. I think, the value of Verde shares in the last QR should be valued based on this price.
NTA 0.11. gold production in one year. Limestone monopoly in sabah, F&B doing well... downside at most 0.02... upside can reach 0.1 in two years... hold tight... accumulating...
if NTA of 0.11 really reflects the fact ( not like serbak dinamik) and company has real and good business expansion plan, operators cannot really press the price further lower than 0.02... hopefully there are other sharks secretly eyeing bornoil and suddenly swallow the shares and become major shareholders...
I guess all the warrants will most likely go to zero eventually as more rounds of new shares via private placement or ESOS cannot be ruled out. So it is prudent to just get back whatever money you can by selling all your warrants now and if you still have faith in the company's future , you should just buy the ordinary shares with the proceeds.
As claimed by scenery: ... Con liar stockraider aka whistlebower99 aka thehoff spamming all penny stocks here n in FB GorengGroupFB. He non stop since early 2021 days n nights, working very hard for syndicates to collect at low n causes all penny stock lost above 5,000% - 10,000%
He use company PP to spam down price even after those have alredi consolidated n RI, until they fall below consol price. Ridiculously. This conman has caused millions of people losing huge yet he say he help newbies.
Those ppl lost until bankrupt, don't commit suicide go 2 find him out n ask him 2 compensate your losses.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
SincereStock
2,360 posts
Posted by SincereStock > 2022-05-20 13:32 | Report Abuse
FOR OLDBIES
just tell newbie you guys don't happy that newbie can now buy much cheaper than you guys
tell them you guys don't want them to buy cheap from operator now, you guys want them to buy at more expensive price from you guys
OLDBIES don't want NEWBIES to join this counter. NEWBIES also want OLDBIES (especially those negative and keep whinging ones) to leave this counter.