What I heard a few weeks ago is that the previous issue on the UMA issued earlier had been resolved by clarified submission by Bornoil on the issue of the 1.4 billion revenue and the relevant authorites have acknowledged it. From what I mentioned, I believe that UMA in future may not be imminent as the progress in mining is well received.

the translation for bonus 2016 comments

branches open up in full swing, my home is recognized as the best in Sarawak Shuge stick! Have the opportunity to invite you to eat. I believe that next week is the flowering season, planted a few months, it is time to collect preliminary results, if long-term investment, I believe that each of us can have a good harvest orchar

Bornoil is purely a fundamental based counter. There would be no way for speculation neither operators nor regulators. Basically waiting for two news. 1. Ibam news on exploration and the method of leaching if successsful( Basically cost implication) which is currently being tested.
2. I cannot expose the second news for the time being.
Based on this two news, this counter can surge to 50cents with ease and what i been told that RM 1.00 is possible but in a timeframe of one year.

Resistance at 1374, if can break the next halt will be 1386.

1373.20

Wow 1371 now

When oil spikes, all oil related stocks go up. But when gold spikes, so called proxy to gold counter Bornoil is thinking whether to go up or not. Gold is now 1370.40

Borneo oil suggests better 1Q and rallying gold prices as reasons behind UMA

What does china press say?

Yes credit Suisse have ceased effective 4th July due to reason dilution of outstanding share. Gone case man

LATEST NEWS
Precious Metals
Gold eases off near 2-yr high, silver crosses US$21/oz
By Reuters / Reuters | July 4, 2016 : 3:50 PM MYT
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BENGALURU (July 4): Gold eased off a near two-year high, while silver breached the US$21 level for the first time since July 2014 in highly volatile trade on Monday, prompted by a burst of short-covering in China.

Spot gold rose about 1% at one point to touch a session best of US$1,357.60 per ounce. This was close to the US$1,358.20 level reached on June 24, the highest since March 2014, when global markets went into a tailspin in the wake of Britain's vote to exit the European Union.

Spot gold was up 0.6% at US$1,350.36 an ounce as of 0712 GMT. U.S. gold was up 1.1% at US$1,353.40.

Silver soared 7% at one point to US$21.107, the highest since July 2014, before retreating to US$20.41.

"There is a little bit of a two-way battle going on in silver, with a number of players going short in China," said Jeremy East, global head of metals trading at Standard Chartered.

The Shanghai Exchange Futures went limit-up as onshore players have aggressively been covering their short positions in the last few days, especially on Monday, he said.

"Once the onshore market went limit-up, the short-covering buying spilled over to the London market."

Chinese commodities from nickel to cotton surged on Monday on hopes Beijing would unleash more stimulus to prop up a sluggish economy, brightening the outlook for raw material demand.

MKS trader Sam Laughlin said global uncertainty would likely continue to fuel the recent rally in precious metals, but warned that there could be sharp periods of volatility.

"The metal (silver) continues to be buoyed by its unique position as both an industrial metal in risk-on conditions and a safe-haven asset in times of uncertainty," Laughlin added.

Spot gold is expected to break a resistance at US$1,351 per ounce and rise more to the next resistance at US$1,367, said Reuters technical analyst Wang Tao.

Holdings in SPDR Gold Trust, the world's largest gold-backed exchange-traded fund, rose 0.41% to 953.91 tonnes on Friday, the highest since July 2013.

"I think the rhetoric from now to the next three months will be very important," said OCBC Bank analyst Barnabas Gan.

"By rhetoric I mean what we hear from the UK and Europe on how they are going to go about the divorce between the UK and European Union," the analyst said, adding that the suspense should increase demand for safe-haven bids.

The U.S. markets are closed on Monday for the Independence Day holiday.

Among other precious metals, spot platinum touched its best since May 12, while spot palladium hit a two-month high.

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Production cost per gram is RM 58

Thanks Lee77

Gold Mines Regains Leverage.

Buyers are paying a premium for mines as bullion goes on a rally

Starbiz Page 8

I am holding Bornoil for the past 4 months and sooner to realize my dreams

myview, thanks for that. but why no tp ha?

I heard that the Q1 results will be out on Wednesday evening.

Thank for the update.

Well said'" myview.

Will hold until QR results by mid may. Anticipated 11m

37.5 million worth of project awarded to Neata as per announcement today may postively contribute for the growth of VIvo.

Let me take you far away
You'd like a holiday
Let me take you far away
You'd like a holiday

Exchange the cold days for the sun
A good time and fun
Let me take you far away
You'd like a holiday

But our government is involve and commited to award those projects to crec and crcc .

just got up, 27 and 27.5 now.
thks Richard, may go to sleep soon.

Demotedangel is not a person. He/She/It is a robot or android. Will analyse the movements of the stock automatic and will send signals to buy, This robot will not answer any quiries. LOL

Or wait till Demotedangel's comment!!!!!!

Dell888, dont get worn out. Resilience is the key word. Till then advise you to ZZZzzzzzzzzz!!!!!!

If looking into fundamental, QR results, dividend, FA and TA, then this counter is not for those.

High Risk High Return or High Loss. Just have to punt. Make money or lose money is one's funeral.
Anyone is invited into this counter based on the above said.
Thanks. LOL

Dont sellll, sleep first ZZZzzzzzzzzzzz, then wake me up before you go go

Normally this type of transaction news will come after few days. Why the acquiring being informed immediately????? Need to think carefully!!!!!!!

Yes, Director Chai acquired today 3,150,000 shares in open market at price transacted 0.322cents.
Something brewing. News came out immediately after UMA.
Must wait and see loh.

Will go down?

Pls wake me up , if there is anything. ZZZZZZZZZZZZZZZZZZZZZZZZZZZ

ZZZzzzzzzzzzzzzz ZZZZzzzzzzzzzzzzz ZZZZZzzzzzzzzzzzzzzzzzzzzzzzzzzzzzz

Kena UMA again.

Railway Group to invest US$2bil in Bandar Malaysia
KUALA LUMPUR: China Railway Group Ltd has announced that it will invest US$2bil to build its own regional centre in Bandar Malaysia.

This comes three months after it won the bid with joint-venture partner Iskandar Waterfront Holdings (IWH) to acquire 60% of equity in Bandar Malaysia for RM7.41bil from 1MDB Real Estate.




The announcement was made in the presence of Prime Minister Datuk Seri Najib Razak earlier on Monday.

The US$2bil is for the development of an integrated complex in Bandar Malaysia.



It was reported CREC is one of the front-runners of high speed rail from KL-Singapore which will which include Bandar Malaysia as it main hub.

CREC is one of the world’s largest engineering and construction firms, and also has businesses, among others, in industrial manufacturing, real estate development, and resources and mineral products. As of 2015, it is ranked number 71 in the Fortune 500, with a turnover exceeding US$100bil per annum.


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There may be some off and on game for 1 or 2 cents but will fizzle.
The real actual boost may happen some by mid of May.
By now Vivo should have grossly known the profit margin.It may be around in the range of 18mil to 20mil based on the WIP and completion.
Another factor which may effect the run up or down will be on the placement.
Have to wait till all this is done.

At this juncture of time, project announcement is a remote possibility.
Only have wait forQR results in May. Till that time, sit tight and hold on.

Manfattleong, you may be correct. Its only after the Qtr announcement.

Dont knowlah friend

By now, if there is a news of award surely the price would be around 275 or 28cents. People close to it would have traded by now.

I think there is no project award announcement today. Mat be the director refered to CImb recommendation only.

They are just nibbling at 27cents.When and how the real show begins. Really testing my patience.

Cimb recommendation has been flashed in theedge online today.
Hopefully runs today.

Sorry Lim. I received thro whatsapp. Dont have link. Anyhow the title says: 3bln worth of contracts this year?. The tp is maintained at 67cents. The placement will be done by mid 2016.
Add recomendation.

Project worth 3 billion?

Zoop ! Taken265

Watch out for what? Drop or rise?

All get up lah for the monday show. I expect to cross 30cents. Of course i am drunk now. Dell 8

8wpwtmt8 good morning.