Gold trading is high risk. Though currently gold is enjoying a mild bull run. US Interest hikes are also in the horizon. If i remember correctly Bornoil did report some spot gold losses in their previous QR.
Alas, no risk no gain. Trading volumes increased slightly today to app. 9M. However, app. 27M shares at 10 sen in the seller Qs. Cheers

Need strong buyers like EPF etc to push forward Bornoil, If the QR paints a rosy picture.

Yes, slowly but surely Bornoil cement arms in Sabah together with Gold mines in Pahang shall bring fortunes to us. On the other hands, share trading in Bornoil is much "controlled" by syndicates. Long long Q to buy at 9.5 sen. And large selling emerges at 10 sen. Find it very hard to break this hurdle? Well QR will be out any time next week or after. Let study the figures n plot future of Bornoil, if figures are clear. Cheers

Hardminer...most of the positive catalysts of Bornoil have been explained by your goodself. TQ. The lure of Bornoil is the golds and diamonds prospects, if ever, Bornoil shares climb up the chart , it will be big findings in Bornoil gold n diamond mines. There is no such thing as "sure win" in this world...lets hope. I was tempted to invest in Bornoil as the Chinese left their homeland and gone to USA for gold prospects, dreaming to make it rich or become wholelife coolie. Will we make it?? Positive indications are here. Cheers.

Gold trading is a risky business. Can Bornoil or anyone can perpectually always buy low and sell high? Irrespective that they are professional.it would be better and realistic, that Bornoil could expedite their Phase 2 gold mines operations and hit more gold veins, in short, to increase many folds , their gold output at this given period of gold bull market.cheers

Thank you, Hardminer appreciate some of the good points , hope it will work out well .

What about the other side of the Equation. Bornoil Total Liabilities?

Quote: " In total the Gold related investment and inventory is worth a total sum of MYR 441,413,280.00"..unquote ....most part of it could be Shareholders fund. PER , ROR are prefer.

Bornoil is a youngster Gold mining company. Give it time to grow n mature.

Like someone commented earlier. Opportunities and businesses hunger rich China, if only they shown interest in Bornoil and do a take over exercise!! Likely, the Gold reserves Potentials at Bornoil gold fields HAVE attracted VICTORY CAPITAL, like wise will do to China investors. 好 好 好.....

The coming months of Bornoil Gold production reports and QRs shall put us to the next level of understanding Bornoil businesess . As from now, day traders of Bornoil would have learnt their lessons and nothings is free in this world. Buy low now with higher risk factors but when the crystal ball lits up ...you may have to buy high with higher capital. Happy trading

If near the Bornoil goldmines are heavily guarded, bandwagon of lorries discharging the residual waste earth after gold extraction and busy activities with heavy machinery sounds, visible floodlights n dust against the dark nights backgrounds in the vinicity of Bornoil goldfields .

Staff of Bornoil have fully taken up n subscribed for their ESOS(15% of Bornoil Issued Cap) entitlements???If staff working inside Bornoil has confidence with their employer, then their actions n commitments speak for thenselves. Good investment n "gamble". Cheers

I have visited Bornoil Sugar bun outlets in Sabah n Sarawak. Their businesses were "ok" like any well known fast food chains, at the times i visited them.. They have a large .menu. anyway fastfood is just a fraction of the incomes of Bornoil. But gold explorations n extractions are the heart arteries of Bornoil.

Seriously, anyone been near to these goldmines? Can they be easily be assessible by cars at least to a point where one can observe the gold productions activities, if any? Pls share.

What are the activities behind Bornoil gold fields. ?Wish we are here and do an aerial drone webcam film on the machineries and gold production activities at the gold mines. Daydreamer.

Bornoil has many Gold to sell ??

Even price of Gold soars to USD1,500. Where does Bornoil obtains sufficient quantity of Gold to sell and earns big monies.? Gold trading? Or dig/extract more Gold. ( 24 HOURS Gold extraction operations at their Goldmines in Pahang!

After the sold out of current Gold inventories On Hands (one time profits) and Unless Bornoil obtains sustainable and large supply of gold at reasonable prices (e.g. from Bornoil goldmines) , only then we can see roaring profits from the sales of gold. Until then.....cheers

Those who laugh last Laugh best to the market with their dream car. Cheers. Mark this words.

Bornoil an Elusive Dreams for some of us. Just dreaming, if more and more quality GOLD are found, extracted and sold at handsome profits. A better chances of dreams come true than buying Magnum 4D Jackpot. Just like the saying " use penknife to saw timber" as the rate of returns is High! ......Hope Man.

Dividend declaration should be out next week.

Surplus Gold Inventory (High quality n cost effectively extracted) + High Gold Price = Good Profits = ++Price of Bornoil shares.

Let see a better July Production Report by end of Aug 17. Cheers

Bornoil can only trades sells the Quantity of Gold they are holding in hands/inventory. Price of Gold fast fluctuates. Bornoil should fastest and cost effective possibly maximise their Gold extractions from their Gold Fields with high tech /expertise (from AUSTRALIA MINER .Victoria Capital) and sell at peroids of gold high price.

Bornoil will move up slowly but surely AFTER the price of ESOS shares have been established.

How is physical gold extracted by Bornoil traded internationally? Example Bornoil takes physical to sell them to a "gold trader"? We can buy or sell paper Gold via some commercial banks. Just wondering??

Could gold finally have a purpose? New research says it could help in the fight against cancer
Researchers at the University of Edinburgh found the precious metal could be used to increase the effectiveness of other drugs prescribed to treat lung cancer cells.
While the medical study involved zebrafish, the team of researchers said they were hopeful a similar technique could be applied to develop human treatments.

If you have been following Bplant consistently, the profits of land sales recently will be recognised this Quarter and this may augers well for a higher Dividend distribution of maybe 5% or better. Btw bplant has been declaring Div each quarter.

Accumulation of bplant started with a good dividend prospect at end of Aug 2017. Go go go.

Tks for the points n noted.

The profit margins differ substantially ?? Revenue dropped drastically when compare to preceding year corresponding Quarter. EPS dropped more than 50% . These differences are due to sales/profit of properties and gold tradings? The financial pictures are unclear! Until a clearer financial / business directions. Excercise due diligence.

Mid term possible positive catalysts on Bornoil are run in of its new businesses and thereby generate more profits and continued increases in gold mined (monthly production reports). Until then, the prospects of Bornoil are in unchartered water. Happy investing!

Either, the volume of gold extracted from Bornoil goldmines for the last Quarter can justifies any exceptional jump in profits. Gains from Gold trading is the trump card. Let's Hope.

Profit on sale of properties are factored into this QR. But on the other hand, there maybe big losses in gold tradings given the last Quarter erratic bullion markets. Lets hope Bornoil has hired some worthy bullion traders to make huge gold trading profits for us. Cheers

Battles of patience and holding powers!! Cheers

Syndicates of Bornoil will strike again when daytraders are licking their wounds.

The percentage of discount and lock in period and distribution matrix are inked in the mandate of the ESOS . A better incentive and reward for loyal staff would be a higher discount rate cum 3-5:years lock up period. Cheers

Bornoil mgmt may want to keep it price capped within a range this coming weeks to enable a reasonable and attractive price computation of their 15% ESOS. ESOS maybe be locked for 1-5 years for staff retention and Motivation. So this is yet another catalyst for Bornoil to move up slowly but surely , going forward. Don't miss this chance to accumulate. Cheers.

Hi bonus 2017, why Chinese herbs are cheaper in Sarikei? I love the local icon, PineApples and udang Galah mee near ferry terminal 2 Sarikei. Yummy.

SugarBun business is good but not so sure of it's profit margin. I visited Sarawak last month and came across a few SugarBun outlets . Pls be assure business are moving good. I think the better and new outlet is in Sarikei! Cheers. But I personally don't fancy their pepper marinated fried chicken, still prefer the Colonel original recipe.
More importantly, is for Bornoil to strike a few good gold veins in their 2nd phase gold mining. Watch out the signs in their future production reports. Last report shown a slight uptrend.
Cheers n Happy weekend n Father's Day.!

Bonus shares and WC and WD duly credited. Cheers

In Sarikei Sarawak recently and took the opportunity to eat in SugarBun. Wide menu and business is good though I don't fancy their fried chicken (pepper taste). Saw one outlet in Sibu too. Both are at strategic locations. For info only.

You got your bonus shares credited?? Anyone? Tks

If WD is sold at 6 Sen. OR counting your chicks too early liow.

Concur with john12. Don't want the exercise prices of warrants to be adjusted too high. Cheers.

Warrant WC got free bonus WC? I reckon only lower adjustment of WC exercise price only. Any adjustments will be made in accordance with the prov. Of the Deed Poll C !

Favorable prod report today

Big share issued with positive EPS , why not!

Bornoil Paid up Capital is RM 303M. Par value 10 Sen. If you perused the last financial year , Bornoil profit is mostly derived from property reevaluation and make loss in their gold trading. Like many of us have noted, Bornoil 1st Q 2017 and beyond are crucial ! Strike enough gold ? This is the million dollar question.!