thinkfirst, it is OK to step out until the global situation improve.

This is not a buy or sell call. Always trade and manage your risk.

I am not concern of Dnex but concern of NK, if US attack against NK, the whole market will melt down, perhaps 15% or more. this will take yr to recover.

Balance your risk is required. Hold some cash, diversify to gold or gold producer, stop buying goreng stock and big boy will start pulling their money to safer place.

If you are in share market, always be sensitive on the global issue.

son grow faster mah, but mother can produce new son later. haha

My two cents on Bornoil

*History gold price x RM/USD ratio
-2007yr, 650x3.37=2190（fin. crisis)
-2012yr, 1750x3.05=5773 (crude oil tension)
-2017yr, 1250x4.44=5550 (NK geographical tension)
Overall, long term this ratio is up trend.

* propose of bonus 8 to 4 and free warrant to reward of his share holder.

Fundamental:

*Current ratio=1.39 (healthy)
*margin of safety=1(safe)
*current asset position=89m (positive current asset)
*Net cash use in operation =308m ( last yr was -90m)
*Investment activities =-376m
(big grow on investing)
Finance activities =6m (from issuance share)
**Cash balance =46m (last yr 89m)
**overall cash flow= -62m
(I optimistic on the -ve cash flow, due to huge investment in fixed asset, including facility of mining , and equipment)
Remark as below:
Total asset increase =90m
Total debt increase=- 38m
Net asset increase=52m
(net asset actually increased)


Current pe est=12.1× consider relatively low
(history pe between 10 to 41)

Gold inventory: (increase RM150m in one yr)
*Feb2017, was 44,540oz
(x USD1290x4.44=RM255.1m)
*Oct2016, was 27,000oz
*Jun2016 , was18,177oz
*Feb2016 , was 20,600oz
(x USD1240x4.10=RM104.7m)

Market cap=576m
Gold inventory cash =RM300m
Means 52% of the price you pay now is belong to gold and cash value.

On the qr of profit report.
Cumulative 4q of 3 segments performance(office is an expenses)
1. Mining (total profit 6m)
Q4, rev 16.6m, profit -7m
Q3, rev 937.3m, profit 2.6m
Q2, rev 1033.3m, profit 3.4m
Q1, rev 1480.6m, profit 6.9m

2. Franchise(total profit 3.3m)
Q4, rev 12.6m, profit 0.4m
Q3, rev 12m, profit 0.9m
Q2, rev 13.6m, profit 0.7m
Q1, rev 13.4m, profit 1.3m

3. Property (total profit 40.5m)
Q4, rev 1.5m, profit 16.8m
Q3, rev 1m, profit 20m
Q2, rev 0.7m, profit -0.3m
Q1, rev 0.6m, profit 3.9m

4.Office (total profit -1m)
Q4, rev 9m, profit 0.4m
Q3, rev 9m, profit -0.7m
Q2, rev 9m, profit 0.6m
Q1, rev 9m, profit -1.4m

Overall performance 2016:
Property 40m
Mining 6m
Franchise 3.3m
Office -1m

**Remember it already increase it gold inventory tromedously. ( RM150m)

Borneo Oil Bhd start to turn around since 2nd half of 2014 and continue making profit. Continue diversify and heavy invest in 2016. Increase production in gold mining, continue growing in franchise( already contri profit) , new energy and limestone. (expect start to contribute profit in coming qr and second half of 2017.

On outlook 2017, please read it by yourself.

Remarks,
On the uncertainty of NK war, Trump on weak USD policy, EU debt and break of union, middle east war and all crisis. May be it is time to buy some gold and gold related counter to balance the risk.
Anyhow, trade at your own risk.

Good

can someone offer you opinion here on the fundamental analysis? appreciate and thanks

could be a black horse of 2017. watch out.

any pull back, might be a chance.

some counter just limit up and do not let chance for people to buy. now everybody so optimistic, although the price already go up so high, it still very much under value if compare to similar industry. compare to oil n gas, it fear value, compare to e service provider, it is far under value from PE 18-22. anyhow, make your own choice and at your own risk.

if you go back to 10yrs history price chart, it shoot up with volume for very short period and then going down to the original price. good luck

TRAP...

1.4 can consider to get some, not at this price

Price go too fast, adjustment needed.

hi chance is a trap

Very small market cap and revenue. A simply, 50 -100m of new business come in will boost the profits to sky high. Wait for the director to turn around it.

esos is very good sign. you must know, let me ask a question. think you are the employees inside.
If tomorrow you know the share price will sell down, will you esos? no lah
If tomorrow you know the share price will going up, will you esos? yes lah

hoho, son break. 30

hihi

Z ma lah.

coming qr is expected better compare to immediate preceding qr due to higher oil price and extra e permit and etc.

From it annual report, Dnex entitle to the top ranking of investment grade. No doubt at all. Wow!

Really diam diam mari wor. Hehe

From TA, already show up trend.

WOW!!!!!! Another day for Dnex.

if you confident this counter, just dont care what people said

Wow again

Wow. correction.

DPM said all working permit must be apply through internet system, no need to go through any agency to prevent any arguments. start effective on 1apr17.

diam diam mari

at your own risk. buy or sell is your decision

Jimmy, you should sell, follow you expect, you may buy back at 0.40.

normally people think yesterday up too much, already expensive for that price.
But, this people do not realize it value still cheap, they only find out the truth after the price keep moving up and showing good profit in they report.

each son you have to pay 50c

before expire, still have 4yrs to go

hohoho123, usually buy son when we do not have much money to own the company but you will convert to Mom later. I measure how much money I am afford to convert in the coming future, that why I also buy son.
mindset correct and you make you judgement.

it is investment grade. Buy and hold for long term.
Don't compare to goreng counter. Don't speculate, contra and gamble.

Dnex wd exercise price 50c

start accumulate from Feb till last done on Tuesday. average up.

buying both.

Adjustment

cheer

Don't care trader lah, he just like to trade a product. He will find his way to survive.

with current price and value, consider Best Buy.

Almost people had forgotten this stock

price is not we can control, you should buy base on its value. own this company and let it generate profit for you. as a investor, no price can advise at what to buy and what to sell. if you just want to buy low then sell higher, refer to technical chart.
Any counters can do the same practice. if you think for long term, just buy some, later can average up or down to reduce the price risk and timing risk.

I told, pull back is a good entry. should buy at .40, son at 0.20

maybe they start chasing the price, no time to chat here.

when cheap, people don't realise it is cheap.

no need limit up lah, everyday up some already good