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

speakup

27,011 posts

Posted by speakup > 2023-07-18 21:20 | Report Abuse

for most company in bursa, insiders will use good news to push up (goreng) shares. But Bornoil is different. Ada good news tapi still impotent

lehubeng

1,143 posts

Posted by lehubeng > 2023-07-25 07:48 | Report Abuse

esos again... how much esos and pp left for cronies?

speakup

27,011 posts

Posted by speakup > 2023-07-25 07:56 | Report Abuse

Bornoil is one of the few shares that miss out on the CASINO DE BURSA bull run. Sedihnya! Malunya!

lehubeng

1,143 posts

Posted by lehubeng > 2023-07-26 14:22 | Report Abuse

pp cronies hv 15% discount from market price.... when market price at 0.04, pp minimum price 0.025... when narket price 0.025, pp minimum price 0.015..... when market price 0.02, pp no minimum price.... integrity in doubt... TAYOR....

lehubeng

1,143 posts

Posted by lehubeng > 2023-07-26 14:23 | Report Abuse

cronies likely acq bornoil at less than 0.01 next week....

lehubeng

1,143 posts

Posted by lehubeng > 2023-07-26 14:26 | Report Abuse

hopefully one day macc investigate bornoil/bursa....

lehubeng

1,143 posts

Posted by lehubeng > 2023-07-26 14:29 | Report Abuse

if director can convery his wc/wd at 0.07, why should bornoil give pp cronies such a low price and 15% discount?

James Yeo

61 posts

Posted by James Yeo > 2023-07-27 14:37 | Report Abuse

BO primarily holds the Sugarbun fast-food franchise and is also involved in the businesses of property investment & management, and resources & sustainable energy. https://www.smallcapasia.com/4-malaysian-companies-trading-at-their-52-week-lows/

lehubeng

1,143 posts

Posted by lehubeng > 2023-07-27 17:24 | Report Abuse

definitely lowest price within last 52 weeks as nosh already inreased by 50%.... if not bornoil at least 0.0225 and above.....integrity in doubt... TAYOR....

lehubeng

1,143 posts

Posted by lehubeng > 2023-07-27 18:39 | Report Abuse

yet cronies acq bornoil at only 0.0128.....

Posted by whistlebower99 > 2023-07-28 09:10 |

Post removed.Why?

lehubeng

1,143 posts

Posted by lehubeng > 2023-07-28 09:18 | Report Abuse

new pp on the way.... so called fundraising for new acquisition.....

OKU_2020

4,857 posts

Posted by OKU_2020 > 2023-07-29 05:46 | Report Abuse

lehubeng@
cronies likely acq bornoil at less than 0.01 next week....
2 days ago
--------
0.005 ( half sen ) is comingg
WD to be COFFIN / DEAD RAT
BeCare full

lehubeng

1,143 posts

Posted by lehubeng > 2023-08-01 16:43 | Report Abuse

mini show.... cronies sold at 0.01 and bought at 0.015 among cronies....

lehubeng

1,143 posts

Posted by lehubeng > 2023-08-02 08:56 | Report Abuse

latest 20% pp just raise roughly rm25 million for bornoil.... bornoil will fundraising to expand business venture (rm40 million for 20% makin teguh share ) to offer cronies new pp for cronies with even lower price....

lehubeng

1,143 posts

Posted by lehubeng > 2023-08-02 08:59 | Report Abuse

verde resources drop to 0.03 from 0.045 within 1 week.....seems like same tactic with bornoil... to lure and trap retailers....

lehubeng

1,143 posts

Posted by lehubeng > 2023-08-02 18:27 | Report Abuse

retailers do not want to buy bornoil shares.... cronies do not want to hold the shares and sold to director at 0.01???

lehubeng

1,143 posts

Posted by lehubeng > 2023-08-02 18:29 | Report Abuse

then cronies can acq remaining pp at less than 0.01 next week?

lehubeng

1,143 posts

Posted by lehubeng > 2023-08-02 18:31 | Report Abuse

a good company that is very kind to cronies.... always issue endless pp and esos at very low price , but never give divident.....NEVER!! TAYOR....

OKU_2020

4,857 posts

Posted by OKU_2020 > 2023-08-03 05:21 | Report Abuse

half sen ( 0.005 ) coming
WC , WD sure COFFIN

sunsetbiz

770 posts

Posted by sunsetbiz > 2023-08-03 16:27 | Report Abuse

when all fall in wont hv chance to jump out ....deeper n deeper dive .... :)

lehubeng

1,143 posts

Posted by lehubeng > 2023-08-05 08:02 | Report Abuse

directors offer pp with lowest price to cronies... cronies sell back to director with lower than market price.... u help me , i help me....

Posted by whistlebower99 > 2023-08-10 12:33 |

Post removed.Why?

lehubeng

1,143 posts

Posted by lehubeng > 2023-08-11 09:01 | Report Abuse

verde resource 0.16 now. .... like bornoil? scam?

lehubeng

1,143 posts

Posted by lehubeng > 2023-08-11 16:48 | Report Abuse

previously rm1.743 million for 1 % makin teguh share..... now rm2 million for 1% makin teguh share....pay 13% higher..... director pandai-pandai, acquire other company share with higher and higher price , and offer own pp at lower and lower price.....

lehubeng

1,143 posts

Posted by lehubeng > 2023-08-11 16:49 | Report Abuse

integrity in doubt.... TAYOR....

lehubeng

1,143 posts

Posted by lehubeng > 2023-08-12 15:10 | Report Abuse

verde resources 0.12... from 0.45 dropped to 0.12 within 1 month....

Posted by whistlebower99 > 2023-08-21 22:55 |

Post removed.Why?

lehubeng

1,143 posts

Posted by lehubeng > 2023-08-23 08:49 | Report Abuse

integrity in doubt..... TAYOR......

lehubeng

1,143 posts

Posted by lehubeng > 2023-08-28 16:41 | Report Abuse

likely good qr report as verde resources closed at 0.2 on 30.06.23. but now VR only 0.11.....

lehubeng

1,143 posts

Posted by lehubeng > 2023-08-28 16:41 | Report Abuse

will there any report/update on gold mining?

lehubeng

1,143 posts

Posted by lehubeng > 2023-08-30 08:07 | Report Abuse

do not be cheated by QR , VR now only 0.1..... integrity in doubt..... TAYOR......

lehubeng

1,143 posts

Posted by lehubeng > 2023-08-30 18:03 | Report Abuse

oops, so poor result on QR despite gain in quoted securities (VR) of rm53 million... total loss for this quarter rm67 million?

Daily88

156 posts

Posted by Daily88 > 2023-09-07 09:50 | Report Abuse

acquisition of other investments of 57mil?

Daily88

156 posts

Posted by Daily88 > 2023-09-07 10:02 | Report Abuse

On 27 July 2023, the Group entered into a Sale of Shares Agreement ("SSA") with Global 2332,
allowing BOB to acquire an additional 25,215,767 ordinary shares, equaling 20.00% of the
current equity interest in MTSB, for a purchase consideration of RM40 million.

speakup

27,011 posts

Posted by speakup > 2023-09-07 14:10 | Report Abuse

What is MTSB?

lehubeng

1,143 posts

Posted by lehubeng > 2023-09-08 12:26 | Report Abuse

no volume.... endless pp and esos.... possibly share consolidation.... integrity in doubt..... TAYOR.....

singkalin

544 posts

Posted by singkalin > 2023-09-10 11:22 | Report Abuse

Director making money from pp & esos instead of profit from company.

GiveMeFive

165 posts

Posted by GiveMeFive > 2023-09-18 08:41 | Report Abuse

https://theedgemalaysia.com/node/677634
Frankly Speaking: Market regulator flexes muscles
The relaxation of rules on private placement and rights issue ended on Dec 31, 2022.

lehubeng

1,143 posts

Posted by lehubeng > 2023-09-18 09:44 | Report Abuse

but bornoil still can issue pp of 20% in 2023....

lehubeng

1,143 posts

Posted by lehubeng > 2023-09-20 15:37 | Report Abuse

lelong.... 0.005 soon....

Posted by whistlebower99 > 2023-09-20 15:39 |

Post removed.Why?

Snake

158 posts

Posted by Snake > 2023-09-21 12:18 | Report Abuse

Building material - Cement

Posted by whistlebower99 > 2023-09-22 19:53 |

Post removed.Why?

SincereStock

2,360 posts

Posted by SincereStock > 2023-09-22 23:46 | Report Abuse

Posted by SincereStock > 2022-12-20 12:53 < original post not yet delete
"bye bornoil at 0.025. sold at loss (average cost 0.028), stock is cheap and good but what to do majorshareholder want to sell pp even cheaper. accept my mistake here and move on to other opportunities. check out SURIA"

wow you guys (naysayers of this counter) still so rajin saving the newbie here, I used to be fighting against you guys while I am still holding shares 1-2 years ago, time proven you guys are right here (2 straight negative QR already & no more sign of business life), but just want to say really salute you all doing this job free. while myself only promote counters that I am holding share at the time, and not naysaying counters I don't hold any share just to save newbies

btw, check out SURIA's current price, hehe

surewin111

149 posts

Posted by surewin111 > 2023-09-24 08:32 | Report Abuse

Just bought BORNOIL several millions shares @o.o1o. With crude oil moving towards 120, BORNOIL is going to fly la. Hehe

OKU_2020

4,857 posts

Posted by OKU_2020 > 2023-09-24 23:02 | Report Abuse

Very misleading....PITY especially to innocent newbies
BORNOIL must chenge to GONEOIL
Where is OIL ?...shame - nothing
, what they have is tomato sos , burger , benjo outlet
TO Rest In Peace ( RIP ) soon

Posted by whistlebower99 > 2023-09-25 12:18 | Report Abuse

Legalised shares issuance approved by bursa authorities
Not sure other advanced stock exchange allowed it

Dehcomic01

340 posts

Posted by Dehcomic01 > 2023-09-29 07:49 | Report Abuse

Are gold miners different from gold jewellers as gold proxies?

I was looking for Bursa gold proxies to invest in by comparing the returns from investing in gold vs investing in a number of Bursa gold proxies.

From 4 Jan 2019 to 26 Aug 2022, gold appreciated by 8.5 % CAGR. The returns for the 4 Bursa companies for the same period are shown in the table. Refer to https://i.postimg.cc/8k0dP5ST/Table-4.png

You can see that only Bahvest return was lower than that for gold. Bahvest is a gold miner whereas the other 3 are gold jewellers.

In the context of proxies for gold, gold miners are typically considered a more direct and volatile proxy for the price of gold. When the price of gold rises, the profitability of gold mining companies often increases significantly. However, their performance can also be affected by factors specific to their operations.

Gold jewellery companies, on the other hand, are influenced by both the price of gold and consumer demand for jewellery. Their financial performance can be influenced by factors such as fashion trends, and marketing strategies. Their performance may not always correlate as closely with changes in the gold price, making them a less direct proxy for gold.

Moral of the story? Invest in the Bursa gold jewellers rather than gold.

What about Bornoil? The company had announced its gold reserves in May 2022. But there was no reporting of this being in operations in its 2022 Annual Report. So until it gets gold out of the ground, you should not consider this a gold proxy.

For details refer to “Are there Bursa proxies for gold?” https://www.youtube.com/watch?v=CvdIyx3eAWA

OKU_2020

4,857 posts

Posted by OKU_2020 > 2023-09-30 05:55 | Report Abuse


Gold in Jeopardy...USD 1864
Gold tumbles second straight quarter, worst week since 2021

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