Posted by Logic Trading Analysis > 2015-09-24 08:41 | Report Abuse

I think so, at least got right issue deal to protect from go lower. get the free warrant and confirm it will fried up at first day

Posted by Ameera > 2015-09-24 15:57 | Report Abuse

Exactly... Why not bonus issue?

Posted by Logic Trading Analysis > 2015-09-24 16:03 | Report Abuse

they need more money to expand business. bonus issue still not yet ready.

Posted by CFTrader > 2015-09-24 16:15 | Report Abuse

dafaq with that 1 with 6 rights ... sharepool will definitely ballooned....

Posted by Logic Trading Analysis > 2015-09-24 16:27 | Report Abuse

BORNOIL (7036) - Great Right issue Deal -
Buy 1 Get 6 Right at 10cent, Free 1 warract C for Buy 2 Right
6 : 1 at 10sen (1WC : 2RI)
Example: A
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If buy at RM 0.60 and Ex-date price at RM 0.60
Holding now 1000X0.60=RM 600
Pay for all RI 6000X0.10=RM 600
Total cost = RM1200.00
Total holding 7000 unit at Average RM 0.17+cent
With FREE 3000 Warrant C (potentially worth 0.05-0.10) = RM 150-300
Based on free warrant return RM 150-300/ RM 1200 (cost) = 12.5%-25%
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Example: B
if ex-date price = rm1.00
RM 1.0 x 1000 = RM 1000
Pay for all RI = RM 600
Total cost = RM 1600.00
Total holding 7000 unit at Avg price RM 0.23+cent
With FREE 3000 Warrant C (potentially worth 0.05-0.10) = RM 150-300
Based on free warrant return RM 150-300/ RM 1600 (cost) = 9.375%-18.75%
---------------------------------------------------------------------------------
Warrant C exercise price 0.10. After Ex-date:
Example A: Mother 0.17, warrant c price at least 0.07 !
Example B: Mother 0.23 , warrant c price at least 0.13 !

Posted by murali > 2015-09-24 16:46 | Report Abuse

Dude,u think share investment is like maths ah?dont forget abt the saiz issues.....6 times of new shares..

Posted by Ameera > 2015-09-24 18:36 | Report Abuse

By then will have 6x shares float in the mkt....so much!

Posted by nklye > 2015-09-25 02:45 | Report Abuse

Something like XDL, when it offered rights and warrants few years back.

Posted by Logic Trading Analysis > 2015-09-27 21:19 | Report Abuse

last friday show some action, big clearing at 0.61-0.615. might go higher i guess. if not familiar with right issue, can let go when price go up. if want to subscribe then hold till ex..

Posted by LanSeeBoy > 2015-09-27 21:43 | Report Abuse

But its pizza really sucks.

Posted by Ameera > 2015-09-28 11:56 | Report Abuse

Seems hovering at 605 to 615...then back to 605... Mayb seeing 600 soon...

Posted by Logic Trading Analysis > 2015-09-28 21:05 | Report Abuse

most ppl think its better than pizza hutz

Posted by Logic Trading Analysis > 2015-10-13 22:57 | Report Abuse

AFTER EX, BORNOIL meletup up up kuat !

Posted by tyran > 2015-10-13 23:09 | Report Abuse

6x shares in market is good news, higher liquidity is always good news

Posted by flee8 > 2015-10-24 08:06 | Report Abuse

logic trading analysis your assumption was right indeed after ex the price is around 0.20 (closed 0.21 on 23/10)

Posted by kllady_fidah > 2015-11-19 08:21 | Report Abuse

die hard