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?

some wc and wd conversion at 0.07? new nosh 9,701,686,954...mother share market price at 0.02... conversion at 0.07?.... what does it mean?

mother share market price only rm 0.02....

11.86 million wc and 13.21 million wd converted at rm0.07. what does it mean?

correction: net profit of rm97 million...

nosh 9.7 billion, by calculation, bornoil need yo hv rps of rm97 million per year to make eps of rm 0.01 ( 1 cent).... can bornoil hv net profit of rm97 million per year? how to push bornoil above 0.03????

lawyer is smart.... TAYOR...

proposed 30% pp withdrew temporarily... will bornoil resubmit the proposal next week? previously withdrew on 12.12.2022 and resubmit on 19.12.2022......

easier to get profit from squeezing retailers than doing proper business......

gold 1865... monday bornoil 0.01-0.015?

high volume today.... but one may see volume more than 3 million lots but still share price within 0.015-0.02, as operators buy-sell themselves....

gold 1953.... flying soon?

wait till minimum price of 30% pp announce..... if minimum price still 0.015 or worse 0.01, then gone case.... as with nta of 0.1 and few consecutive qr positive reports, directors still dare to squeeze retailers with very low pp price to get maximum own gain... likely share consolidation on the way to further....company share has been very much diluted past 2 years by endless pp and esos...

30% pp on the way.... minimum pp price 0.01?

back to 0.015-0.02..... more retailers got trapped.... congratulations!!!

no momentum... hopefully not back to 0.015-0.02 in afternoon session.... wish can reach 0.025-0.03 soon....

if not beacuse of 30% pp coming soon, now quite a good time to enter at 0.02.....

gold 1947...

insider seller lost confidence?

director insider trading > rm 1.5 mil

gold 1935... can bornoil close at 0.02-0.025 today?

think will still maintain at 0.015-0.02 until new 30% pp approve by sc. then they will set minimum price of pp at 0.01, and manipulate share price at 0.01-0.015....

why sc help the company to exploit retailers?

integrity in doubt

gold price hike, verde resources at 0.14... but seems irrelevant to bornoil, as retailers kept squeezed by endless pp and esos .... and possible consolidation.....

operators sold and bought themselved to push out the volume, to lure retailers enter at 0.02... before lunch the queue for bornoil is 0.02 (>700000 lots), when market opened at 2:30pm, all buy queue suddenly disappeared and birnoil back to 0.015-0.02.... and retailers are trapped at 0.02 .... wait till 30% pp out at 0.01 and share consolidation, retailers may then have slim chances...

yes. company need funds for cny... company sell at 0.02 now... and later acquire at 0.01 after cny with pp 30%....

directors will squeeze retaikers to maximum....

oops... back to 0.015-0.02.... more retailers trap.... 30% pp on the way, follow by possible share consolidation. profitable company.... to directors only...

director bought at 0.02, later company share buy back at 0.025, rhen issue pp 30% at 0.015...

still have 30% pp on the way.... share price difficult to rise....

operators sold at 0.02 to gain fund to acquire 30% pp later at 0.01....

gold 1855 verde 0.15...bornoil should have reached 0.025-0.03 if not because of additional 30% pp..... bornoil cannot reach 0.03-0.035 before next 30% pp completed....