sales@you are welcome and thank for the info

Seem like good selling volume

https://list.tmall.com/search_product.htm?q=%B0%D7%BF%A7%B7%C8+%BE%C9%BD%D6%B3%A1&type=p&spm=a220m.6910245.a2227oh.d100&from=mallfp..m_1_suggest&sort=d

Anyway, thank for the sharing.

Investingold@
Shall I call you, invest in gold or investing old?
Haha, is bornoil doing oil and gas business?

my guess, support at 1.45 and 1.35.
think, opportunity is coming.

down trend mode. my guess, it will drop below it's nta.

Prolexus 3q17
Profit before taxation: 3.4m (3q17), 3.9m(3q16)
Taxation: 3q17: (1,251), 3q16: 690

now the result is more or less tally.

I make mistake on the report.
Correction 1Q18 for mining,
truth of gold trading was not recognize to revenue, lime stone revernue recognized to this quarter and received 0.45m form of loyalty charge in profit.
Gold mining division produced 194.95 oz of gold. (RM1.05m only)

That's mean:
**Total Rev 7.4m
=Rev of lime stone Rev of gold

**cost of mining sales
=total rev-total profit
=7.4-5.9
=1.5m

**Total rev of gold
=gold produced gold from stock
=194.95oz 712oz
=3.83m 1.05m
=4.88m

**Rev of lime stone
=7.04-4.88
=2.16m

**Total profit 5.9m
= lime stone loyalty total rev of gold - cost of sales gold trading profit
** 5.9=0.45 4.88-1.5 gold trading profit
5.9= 0.45 (1.05 3.83)

**Gold trading profit=2.07m
**profit margin of gold trading
=profit of trading / total sold of gold in trading
= 2.07/162,192oz
=2.07/893
=0.23%

I assume the cost of lime stone is not recognize yet, gold trading cost is not included, the cost of sales is 100% belong to gold mining.

**Profit margin of gold mining
=(total rev of gold- cost of sales) / total rev of gold
= (4.88-1.5)/4.88
=0.69 or 69%

Remark:
Gold Stock
Actual Increase btw end Jan to Apr =2709oz (76.8kg)
Gold trading
Trading buy=4809kg(169,613oz)
Trading sold=4712kg(166,192oz)
Trading net buy=97kg(3421oz)
*Actual gold stock dif after net buy =2709-3421=-712oz (-20.2kg)
=3.83m

Can not deny on the weak result. For a good stock, buying when weak will get return more then buying at strong. Up to you.

Identify the weak quarter is short term or long term?
Is the price justify ?
Epf keep buying and it means something?

Let the price talk.

Wow 146,000 x rm30 is 4.3 m. How much will go to Dnex?

Not that bad lah, still profit mah.

I use fa and ta both. I only buy good fundamental stock. Using ta for enter with timing.

I am engineering back ground, but I am interest to learn that.
insider have advantages for sure, insider have very low risk and understand the business well.
outsider only can try to measure some performance from their report and followup the business activities, we are in risk if we do not fully understand well their report and business.

I think the real sifu here didn't show up. like Sosfinance. hope to see his article again for bornoil

Bruce.@ Don't be too humble. We learn from everyone. Haha

Ryan8814@

1) I think this is the agreement between bornoil and the lime stone mining factory. I guess it is a financial tactic to cash in to bornoil whether the factory earn or not earn. Like fast food outlet, have to pay loyalty fee to brand holder.
2)lime stone revenue is not capture, perhaps will only show end FY2018. I think also a tactic. Finally the profit and revenue have to show. For trading is no more accept to revenue.

If I missed interprete, please correct me.

When nta go up that's mean a good sign lah.
Profit is just one of the contributor.
It can be increase of asset or reduce of liability.
For expansion company, it is normal have less profit but more equipment and asset growing.
Management already told will improve the profit time to time.

Selling share get fund under finance activities lah.

bonus, you are welcome. haha

I am not sifu, hopefully figure are correct. if am wrong, I hope some one can point out to me as well. I am still learning.

Here you are, correct some mistake figure already

My 2cents 1Q18 for mining,
Since for gold trading was not recognize to revenue, lime stone also was only loyalty charge in profit. I assume mining revenue was only from gold.

Gold Stock
Actual Increase btw end Jan to Apr =2709oz (76.8kg)
Gold trading
Trading buy=4809kg(169,613oz)
Trading sold=4712kg(166,192oz)
Trading net buy=97kg(3421oz)
*Actual gold stock dif after net buy =2709-3421=-712oz (-20.2kg)

Total sales of gold in USD
=rev/4.3
=7.4m/4.3
=USD1.72m

Total sales of gold in oz(1250/oz)
=1.72/1250
=1376oz

*Sales from production(gold produced in oz)
=total sales-sales from stock
=1,376-712
=664oz(18.8kg) or 3.57m

*gold mining net profit 5m
*cost if sales 7.4-5.9=1.5m

*total of mining profit 5.9m
=sum of lime stone loyalty, gold production and gold trading-cost of sales
5.9=0.45+3.57+(gold trading)-1.5
Gold trading profit=3.38m

Since lime stone only charge with loyalty, I assume it was the total sales of 5 to 10%. Their revenue could be 4.5m to 9m, perhaps it will only be recognized during end if 4q and financial yr end.

updated

price 10c is 26% discount from NTA.

NTA raised from 19.3c to 20c before bonus or equal to 13.6c now.

fundamental intact,
although the profit show only 5m, if you sum up the asset and liability compare to 4q16, was added 33m. (included gold 250m and new purchased asset)
That's means, the profit 5m plus asset 28m gain were equal to 0.7c before bonus or 4.6c after bonus.
point me out if you have different opinions

hope will see some profit from lime stone mining and increase of earning from group.

good

Good for prlexus

newborn2017 try to talk with newborn2018?haha

price might slide below nta, could be 20 to 30% below.

perhaps the probability for price move up from 99% to 99.9%, then 99.99% and 99.999%.

what if wrongly apply the maths? like using it in Genting casino.

haha, the real probability is here now and we'll said.

the so call probability is a maths, can you use maths to measure human's emotion, market's sentiment and future's trend?

if coming qr with good result, back to rm3 is not a problem.

Franklin was acquire now. haha

the sound juicy CA project 1.2b just to let you feel good to subcrip the right issue.
history told, every 4 yrs right issue and still making loss. you only can HOPE and PRAY they will not repeat the problem.

very high chance with good qr

Ryan8814, Thanks

I think you are referred to quarter report instead of annual report. Anyhow, 1qrFY18 is going to announce. Expect some result of lime stone contribution to this qr. Upupup...

Qr should be good as well I think.

ryan8814@ limestone division will contribute by 1qFY18. Where you get the info?

duit for Raya from ikan bili

44% losses for those who hold at 25c before it surge and did not escape.

76% evaporated from 60c to 14c for this counter.