oops, very poor quarterly report... also not a single word on gold mining.... liar🤥

it's not about business. it's seem like bornoil's plot. gild/cement/chilly sauce then bario rice.,always use new business venture to issue new pp.... exploit retailers to fatten cronies.....

bornoil plan to venture into bario rice.... likely another round of new pp issuance to funding the new venture?

cronies sold bornoil at 0.015.... tomorrow bornoil will announce another tranche of pp at 0.0135....

sell volume at 0.02 increased after latest pp.... sell immefiately after acq at 0.015?

cronies easily sakau rm20 million over past 3 years.....

previous po hv a minimum price of 0.015. latest pp no minimum price?

who is pp beneficiaries?

considering character/behaviour of the management board/director, bornoil likely will reach NOSH of 20 billion in another 5 years time.... and retailers will not get any benefit despite company making good profit....

gold 2036.... bornoil gold reserve estimates 822kg, roughly rm 240 million..... but bornoil really hv gold?

pp at only rm0.0159.... so sad.... when company nta at rm0.10..... management give 85% discount to pp beneficiaries.... i help u, u help me....

congrats.... multi millions into pocket again....

victoria capital bought 5% share on 26th april. good news? insider trading with whom?

egm on 5th may 2023. unable to attend physically. how to caat my vote to against the proposal?

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

director disposed shares. foresee bornoil will drop further? or start accumulate capital for cronies to acquire new pp?

new pp approved. egm soon. will retailers hv the power to reject new pp proposal?

gold 2045....

gold 2013.... gold company?.... liar?.....

thought previously proposed funraising for acquisition of 30% of MTSB shares? notobjective of fundraising change? bornoil do not hv fund for it normal daily operation, need to proposed pp to get fund??? MQ bank has earned a lot from previous PP. do MQ bank hold any bornoil share now?

law player integrity in doubt.... TAYOR.... SC has approved EGM to decide the new 20% private placement proposal? when will ve the EGM?

law player.... integrity in doubt.... TAYOR...

or all previous good news/ data are just gimmick and fake?

nta 0.1, gold mine > 800kg, first cement clinker in sabah.... see any taikun want to throw in rm100 mil to buy bornoil share and become biggest share holder to bornoil...

another 10 mil esos at 0.017..... easy money...

not one gram of gold dig out for last 3 years.... bornoil really have gold?

gold coiming to 2000..... bornoil has gold???

some lawyers are very smart..... TAYOR.... integrity?

directors convertef wc and wd at 0.07 just before submission to sc, to make market capitalisation rm 662 million, why? the next day market capitalisation back to rm194 mil.

As at 22 February 2023, being the latest practicable date prior to this announcement
("LPD"), the total issued share capital of Bornoil was RM662,167,870 comprising
9,701,686,954 Bornoil Shares. Accordingly, the private placement of up to
1,940,337,390 new Shares to be issued pursuant to the Proposed Private Placement
("Placement Share(s)") represents 20% of the total number of issued shares of the
Company as at the LPD.

previous two submissions rejected by sc? directors now try to use egm to get approval? directirs try their very best to squeeze retailers!!!

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

easy money to cronies.... never pay dividend, but endless esos.....

another 10 mil esos at 0.017....

as usual.... one day show.....

oops... good volume but share price no movement.... integrity in doubt.... TAYOR....

good volume today...let's see can reach 0.02-0.025 today.... and how many shares trade at 0.025....

fundraising? diluting /squeezing ?

if operators try to push up the share price to 0.03 in near future, will retailers follow??? if retailers follow and buy at 0.025/ 0.03, will company offer new 20% pp at a minimum price of 0.015 again, and with 15% discount from market price? then retaikers will be trapped for another few years?

very strange. bought 1.25 billion shares with 0.088/shares in december 2021. yet offered pp beneficiaries at a minimum of 0.015/share in 2022......

for fundraising of rm30 million, if apply business loan, possibly will get good interest rate of 6 to 8%, and interest payment also can be deducted from income tax.... but company choose to give discount to pp beneficiaries upto 15%....

TAYOR....

company... from market price..

if company make huge profit, easy for gompany to privatize the company..... cronies earn all.... even though not privatize, certain parties also make handsome profit from 15% discount fronarket price...

new 20% pp proposal, now with 15% discount from market price.... worse than previous 10% discount....

how to buy? director convert wc and wd at rm0.07, so in the report market capitalisation becomes rm662 million..... but actual fact, with bornoil market price of only 0.02, market capital of bornoil is only rm194 million..... smart company.....

TAYOR....

from 2019 till now, nosh already increased by at least 80 to 90% (5.3 billion shares to 9.7 billion shares), wc and wd conversion price still 0.07.... likely wc and wd will go to coffin.... how to push up bornoil to 0.07 nosh of 10 billion....

if company resubmit new 30% pp proposal, what will be the minimum price? will sc still approve the new pp with a minimum price of 0.015 or lower?

director convert wc and wd at 0.07...company offered pp at a minimum price of 0.015.... director think bornoil worth at least 0.07 ( since conversion price is 0.07).... yet company issued pp at 0.015!!! what does this mean??? company has any hidden motive/aganda?