Should be good profit especially new contribution from their latest release healthy snack biscuits which received great acceptance from the customers.

Bornoils is solid company with zero debts after the corporate exercises. Even Hap Seng Consolidated Datuk Lau is using his private vehicle to take up almost 30% interest in Bornoils thru Lei ShingHong/Victoria Limited and part of the latest tranche of 25 millions share was bought at 58sen b4 the rights call.

The Sabahan tycoon is consider conservative and low profile CEO, hence his entry into the company is consider a good investment move.

They have 5 years contract plus 5 years extension to extract minerals/golds at the mines at Jelai and the royalties payment is between 6-7% of the sales to MMC and another company plus another 5% to Pahang State.

Beside their cost of production of the said gold are RM54.00/gram.

So based on gold selling price of RM155/gram, the royalties payable is RM29/gram (using 7+7+5%), production cost of RM54/gram, so the net profit is RM72/gram.

This exclude other minerals and timber contribution for the company.

yes next upturn is focusing on the quarterly results anytime now. should be some good profits although not that great yet but something to cheers about for higher share price.

Share price seem holding eventhough Bursa down 7 points now.

Later will in the green territory.

My HupSeng go go go 1.50.

Next to be announce is their quarterly report ended Sept'15 which is somewhere in Nov/Dec'15.

Hope this time the quarterly results should be in the positive territory to spike up the share price.

If the acquisition is within the guidelines set for SPAC, then the lifeline is clear and the status of the SPAC will be removed to be a permanent listed entity after getting the necessary approvals from SC.

Then the warrant holders will breathe a new lease of life until the expiry of the warrant before converting.

Quaterly result announcement will be this month, that's why the uptrend. Another possible news could be the tendered project if they got a chunk of it.

2 factors for the run up, hope they push up the shares before announcing each of the news to keep the momentum towards the 30 sen or 40 sen.

Hoping for this since 3 years ago when i bought at 29 sen.

Now sitting on nice profit and hope to get more and more.

Should be anything this month for the results.

Bought on 3/11 not entitle since ex date is 2/11

WB readjusted the conversion price to 24sen. Not adjust the share pricing.

Lau Cho Kun is the HapSeng Consolidated Bhd MD. A conservative MD and thats why Hap Seng share price from 1.69 to 6.19 now in the span of 4 years.

just wait for 4th and have the bonuses credited into your account before selling them.

They getting the QA for so much that they need to tapped into right's issue to finance the purchase and the assets not even 100% controlling interest.

I don't intend to sell so soon. It it another gem in the making. Just keep until 40 sen

Good deal at last, what important is the company can starts producing oil and income is definite immediately unlike Cliq or Hibiscus which still in talks and exploration.

UMA pun tak takutlah. Got announcement

No need know or know investing. If you bought Friday, you entitle to free bonus or warrant.

After ex today, you still made money. Just that you can only sell after 4th Nov after Bursa starts crediting your account with the freebies.

Those bought on Friday, to day make money.

You bought last friday you get the bonus free. If you bought warrants you get free warrant too. Dont scare, you wont loose out.

So all shareholders please push Bursa for speedy approval.

Since the deals have been inked, that's more secure comparing Salamander deal which just on the talks and eventually fall off the table.

whichever it is, the deal still attractive given the P1 still can churns out 4600bpd compare initial 8800 bpd. Bear in mind that probable P2 & P3 in the pipeline with 100% control.

Hope that Bursa don't play the delay game in approving the deals like the previous Salamander deal which giving Jho Low the spoiled brats to made a counter offer.

All shareholder whether mother or warrant will get the bonus. So just keep and enjoy your profit like IFCAMSC. Heard that they share will go up to 50 sen in medium term.

hope the company share break 50sen and remain until Bursa approve the deal. Then warrant could double up.

hopefully the market will accept this deals more friendly than the last deals and reflected in it pricing after the market open at 2.30pm.

Compare Salamander deals this one not taxing on the cash reserve and they have balance of RM300 m to acquire other oilfield. Just starts small and right is the best policy to get the SPAC listed before expiry.

I will vote this and i guess the other shareholders will too. Now waiting for Bursa which i think they will have no reason to object compare Salamander deal.

1p currently producing 4600bpd, whereas 2p and 3p is not yet explore.

4600 x 30 days = 138,000 barrels x USD43.00 = USD5.8m @ RM4.10 = RM23.7m/month

Hope that their production cost is low so that we can see immediate cashflow for the company onward going.

This time the proposal of the buy just USD50m compared USD250m for the Salamander assets that not even owing 100%.

Hope this proposal will receive 100% Bursa approval since that's the condition imposed on Assets Acquisition for SPAC

buying 100% of Stag Oilfield for USD50 million....at last

Suspected the push will be after ex bonus. It seems the ex price is 0.18 sen. Maybe they push after ex rather before ex.

The best still Celcom after using Digi, Maxis, Umobile.

Friday the last day to buy to entitle for the bonus. Guess the push will be anytime now to Friday before ex on Monday. The rough ex-price on Monday should around 18 sen.

GOVT announced 1.2 billion allocation to installed/improved coverage and to offer at least 5mbps speed for rural areas.

Apart from this, all the existing telco will be adding additional towers to boost connectivity.

1 of the big spender is Umobile that upgrading their network and adding over 1000 towers.

Just hope that Vincent Tan buying into Instacom to have a good synergies with his current Umobile.

your bought 3000 @0.25, so you could get 1000 shares free as bonus. Your original cost of RM750.00 with holding of 4000 shares. So your cost now averaging 0.1875.

But the price of Instacom share will adjusted on Nov'15

Could holders of WarrantB, C, D entitle to free warrant apportion to their holdings of the warrants due to bonus issue?

i think we could get free warrants hopefully.

Could it be Supermax since the shares top active today?

Whenever MARA enters and counters, please run for your life. Nothing that they are in will brings greater height to the share. Numerous examples had been tested as in Sumatec, etc.

When MARA announcing the have take up stakes in a particular companies, the shares prices immediately up abit and then stagnant or down trend.

Brahmal Vasudevan the same investors in SMRT

Dont ever go in XOX which only speculative and you might trapped at the highest level now.

Hap Seng is good company which shares have been climbing from 1.60 until now for the past few years.

The company recently take up stakes in Bornoils and it only show one thing that the investment is soundly since Hap Seng directors are conservative background.

Genetec ways better than XOX which only pure speculation.

Fair value of Bornoil is 20 sen to 25 sen for the medium term. Let monitor it quarterly result later to weigh whether it can justify higher valuation.

Wei Jie yau,

So you will entitle to 6 rights share and free warrant for every 2 rights.

Their gold production cost averaging is RM52.00/gram versus the selling price of gold now at RM157.00

And bear in mind the gold is trade in USD Dollar and with good exchange of USD/RM now, it helps boost the profit.

20 sen to 25 sen for time being.Medium to long term can't say but commodity is expected to rally especially gold.
Company is cash rich after RI with no debts. Start clean on with new sharholder from Hap Seng Group. With Hap Seng in the company you dont have to worry. They have foresight in biz. Just look at Hap Seng share from 1.50 to 5.00 now.

Yesterday closing 0.60sen, with 1 for 6 rights at 0.10 and you get 2 warrant free.

Your cost RM600.00 + RM600 = RM1200.00 you hold 7000 shares and 2000 warrant.

1200/7000 = 0.1714 your cost of 7000 shares, 2000 warrant is free

So at 0.20 now, you made 7000 x (0.20-0.1714) 0.0286 = RM200.20 not including the 2000 warrant which can fetch minimum 5sen.

People are looking for elsewhere for coffees since there are many coffees cafe and chains that's offer better atmosphere and quality coffees and dining experience than OT.

No one will patronise OT for it pricey local delicacies and hawker's food where you can get the real hawker's food at it own cocoon.

They only relied on China big market for it OT Coffees/Tea beverages and lately many Ipoh based beverage company that offer better aroma white coffees ways better than OT.

Guess the stocks price already reflected that and if OT wanna gain back the popularity and higher share pricing, it need better image makeover,campaigning and marketing strategy to flag off it competitors. Even Poweroot's share price is more stable and on the same industry.

Hup Seng introduces new line of snack biscuits. Wheat biscuits in small snack packs which complements it main crackers.

Next Tuesday 13/10/15 is the ex date for RI. TP 0.80?

Lookout valuecap on Najib's counter......GeorgeKent, MyEG........anything else?