BORNEO OIL BHD

KLSE (MYR): BORNOIL (7036)

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Last Price

0.01

Today's Change

+0.005 (100.00%)

Day's Change

0.005 - 0.01

Trading Volume

5,016,600


34 people like this.

30,253 comment(s). Last comment by OKU_2020 10 hours ago

bruce551133

3,339 posts

Posted by bruce551133 > 2016-09-30 11:26 | Report Abuse

up up up...bornoil... :-D :-D :-D

lkf0512

147 posts

Posted by lkf0512 > 2016-09-30 11:45 | Report Abuse

Pump or dump, all holding their horses. Wait 4pm show...up bornoil... :-D

bruce551133

3,339 posts

Posted by bruce551133 > 2016-09-30 11:47 | Report Abuse

i'm holding one big and one small horses... :-D up up up...bornoil... :-D :-D :-D

Posted by allnew_bruce5113 > 2016-09-30 11:59 | Report Abuse

Sweat start flowing on top of my head... :-( up up up...bornoil... :-D :-D :-D

yk1188

132 posts

Posted by yk1188 > 2016-09-30 12:04 | Report Abuse

Too Good. So low volume <100,000 still can sustain at 0.185. Break record in current history n hope the qr result later will break the record too.

Redz1

1,056 posts

Posted by Redz1 > 2016-09-30 12:05 | Report Abuse

Write a comment..Teck Guan from Sabah kena query for UMA,.Bornoil careful. Nvr mind today stable ok. All market negative. Better QR result next Tuesday. Go,go,go BornGold.

yk1188

132 posts

Posted by yk1188 > 2016-09-30 13:42 | Report Abuse

If bornoil can up >100% like tecguan...I think we dont mind bornoil kena UMA..Am I right ?Happy weekend n holiday...

mysmo1

201 posts

Posted by mysmo1 > 2016-09-30 14:02 | Report Abuse

what will happen to the company/counter if kena UMA? do they get fined?

bonus2016

900 posts

Posted by bonus2016 > 2016-09-30 14:14 | Report Abuse

Bruce, Hiaptek up 5.5c from 0.30 - before QR, just like Aax this quarter, ppl call it price in already. that is different senario. lets see how bornoil movement in this afternoon section

bruce551133

3,339 posts

Posted by bruce551133 > 2016-09-30 14:32 | Report Abuse

ic...hope everything is fine... :-D up up up...bornoil... :-D :-D :-D

OngLai88

1,234 posts

Posted by OngLai88 > 2016-09-30 14:37 | Report Abuse

Yes just hope. Some hope to sell higher some hope to buy lower. Good luck all.

bruce551133

3,339 posts

Posted by bruce551133 > 2016-09-30 14:52 | Report Abuse

mama & son turn red now... :-( up up up...bornoil... :-D :-D :-D

GoodBoy

6,594 posts

Posted by GoodBoy > 2016-09-30 14:59 | Report Abuse

One man's meat is another man's poison ... Buy n keep it for good future prospects ... Sell it in case no confidence .... cheers ...

bruce551133

3,339 posts

Posted by bruce551133 > 2016-09-30 15:00 | Report Abuse

who here have no confidence? :-D up up up...bornoil... :-D :-D :-D

soros96

26 posts

Posted by soros96 > 2016-09-30 15:07 | Report Abuse

sure will up... cheers... just the matter of timing...

bruce551133

3,339 posts

Posted by bruce551133 > 2016-09-30 15:09 | Report Abuse

i already bought champagne, dunno got chance to celebrate later or not... :-D up up up...bornoil... :-D :-D :-D

bwulf

182 posts

Posted by bwulf > 2016-09-30 15:48 | Report Abuse

bursa building got bomb how to up

funda

484 posts

Posted by funda > 2016-09-30 16:01 | Report Abuse

Relax guys, gold price at end of July is at the highest compare to previous months in 2016. And they hv increase their gold inventory significantly in July to 900+kg, I believe they hv collect it during the small gold price correction in July before its shooting up again at end of July. Together with the increase amount of gold mine in last few months (min4kg each month), I'm confident n optimistic with the results. Let's just wait for the results later this evening!

FYI, gold mining PBT margin is close to 82%(can't remember exact figure) according to their announcement Last month.

r3490

119 posts

Posted by r3490 > 2016-09-30 16:06 | Report Abuse

Since when did a positive QR guarantee the stock will go up?

funda

484 posts

Posted by funda > 2016-09-30 16:07 | Report Abuse

The margin is 84%. Check the announcements in 8th July regarding clarification to FOCUS report.

funda

484 posts

Posted by funda > 2016-09-30 16:10 | Report Abuse

r3490, nothing is guarantee :) but I would rather buy n hold a company with good prospect rather than a goreng stock with no fundamental. Everyone hv their own investing philosophy, no right or wrong.
Buy or sell at your own risk.

r3490

119 posts

Posted by r3490 > 2016-09-30 16:15 | Report Abuse

funda I am talking about QR release date patterns here. Certain stocks always go down at QR. Bad news, go down, good news (sell on news) go down. If there has been a recent flurry of volume which caused share price to go up within the month prior to a QR release, it seems to me the above rules applies.

bonus2016

900 posts

Posted by bonus2016 > 2016-09-30 16:20 | Report Abuse

oh ya, fully support funda view !!!Go go go, bornoil !!!

funda

484 posts

Posted by funda > 2016-09-30 16:22 | Report Abuse

R3490, agreed. This may apply to certain stock. But not sure it is true for bornoil or not. Mayb you are right :)
From my point of view, if the result is good, the stock will certainly fly next week. If not good, Mayb will drop a little bit back to 17sen level.

GoodBoy

6,594 posts

Posted by GoodBoy > 2016-09-30 16:30 | Report Abuse

Wow .... we hv a big sifu here la ... Sifu r3490 ... Now only i know that it's so simple rules la ... hahaha ...

GoodBoy

6,594 posts

Posted by GoodBoy > 2016-09-30 16:31 | Report Abuse

Be patience .... cheers ...

GoodBoy

6,594 posts

Posted by GoodBoy > 2016-09-30 16:34 | Report Abuse

Last 30 minutes b4 closing for today .... hope to see Bornoil price moving up next Tuesday .... hv a nice holiday .... cheers ....

OngLai88

1,234 posts

Posted by OngLai88 > 2016-09-30 16:35 | Report Abuse

QR will be published in 1/2 hour from now. Take a break and have a nice long weekend. Good luck to all on Tuesday.

bruce551133

3,339 posts

Posted by bruce551133 > 2016-09-30 16:43 | Report Abuse

goodboy, it is big sifu come is good news for bornoil? :-D up up up...bornoil... :-D :-D :-D

GoodBoy

6,594 posts

Posted by GoodBoy > 2016-09-30 16:43 | Report Abuse

We will celebrate on Tuesday ..... cheers ....

GoodBoy

6,594 posts

Posted by GoodBoy > 2016-09-30 16:49 | Report Abuse

Buy or sell on your own risk .... cheers ....

bruce551133

3,339 posts

Posted by bruce551133 > 2016-09-30 16:50 | Report Abuse

another 10 minutes, but still no any announcement on klse offical website... :-D up up up...bornoil... :-D :-D :-D

GoodBoy

6,594 posts

Posted by GoodBoy > 2016-09-30 16:53 | Report Abuse

*at your own risk ....

bruce551133

3,339 posts

Posted by bruce551133 > 2016-09-30 17:10 | Report Abuse

result released already...

Erica

405 posts

Posted by Erica > 2016-09-30 17:12 | Report Abuse

Result out liao

kmhb09558

146 posts

Posted by kmhb09558 > 2016-09-30 17:13 | Report Abuse

how is the qr result

bruce551133

3,339 posts

Posted by bruce551133 > 2016-09-30 17:13 | Report Abuse

Revenue : 1,047,538 (2016) 51,181 (2015)

Profit: 4,350 (2016) 2,889 (2015)


Good or bad? :-D up up up...bornoil... :-D :-D :-D

funda

484 posts

Posted by funda > 2016-09-30 17:23 | Report Abuse

From the results,seems like they will only record their gold trading profit after it is sold. So the low price gold they collected during month July is not realize in this qtr results. It will shown in next qtr, where they reduce the holding to 600+kg in aug.
not a great results, let see how market react next week

bruce551133

3,339 posts

Posted by bruce551133 > 2016-09-30 17:25 | Report Abuse

aii...like that no celebration already...waiting for so long, but get nothing...dissapointed... :-( up up up...bornoil... :-D :-D :-D

funda

484 posts

Posted by funda > 2016-09-30 17:27 | Report Abuse

I would give more time for bornoil to build up their Bukit Ibam n merapoh mining capacity so that they have strong recurring income flow in future.

OngLai88

1,234 posts

Posted by OngLai88 > 2016-09-30 17:29 | Report Abuse

Go support Bornoil by dining at Sugarbun
http://www.sugarbun.com/promotions/west-malaysia

bruce551133

3,339 posts

Posted by bruce551133 > 2016-09-30 17:31 | Report Abuse

still long long way to go... :-( up up up...bornoil... :-D :-D :-D

bruce551133

3,339 posts

Posted by bruce551133 > 2016-09-30 17:34 | Report Abuse

As stated above, the MM division will be finalising its heap leaching process at Bukit Ibam and is looking forward to process the 1.80 tons of its inferred gold resources in the near future. This, it is hoped will substantially contribute to its revenue. Bukit Ibam is in the process of conducting its 2nd phase exploration program which is expected to be completed either before the end of the financial year or in the early part of the 1st quarter of next year.


Aiii...still long process to go...up up up...bornoil... :-D :-D :-D

bruce551133

3,339 posts

Posted by bruce551133 > 2016-09-30 17:35 | Report Abuse

Moving forward, the FF division is expected to improve its bottom line in the next two quarters as plans are afoot to expand the Pezzo brand to Sabah and Kalimantan, Indonesia. There are also plans for a Sugarbun brand, Borneo Asian Food (BAF) to expand to West Malaysia, after a very successful opening of its 1st outlet in Menara Hap Seng, Kuala Lumpur. The 2nd BAF outlet is expected to be opened in October in Pacific Place, Ara Damansara.


Aiii...open new outlet mean additional cost...up up up...bornoil... :-D :-D :-D

bruce551133

3,339 posts

Posted by bruce551133 > 2016-09-30 17:35 | Report Abuse

No wander the price keep static... :-( up up up...bornoil... :-D :-D :-D

funda

484 posts

Posted by funda > 2016-09-30 17:41 | Report Abuse

Bruce, on the bright side. The results still 50% better than last year! :D

Woodswater

3,792 posts

Posted by Woodswater > 2016-09-30 17:45 | Report Abuse

Not a good Qr but at least not bad . Even though won't help to boost price but ,at least pls don't drop .
Wakakakakaka

anicca

337 posts

Posted by anicca > 2016-09-30 17:47 | Report Abuse

omg I just bought 0.185 last minute hoping the result ll b good... but it's not too bad, just not above expectation..how market ll react?? static for another quarter?

bruce551133

3,339 posts

Posted by bruce551133 > 2016-09-30 17:47 | Report Abuse

ya, but if u go through the contents of the report, there is still long journey to go, Fast Food division maybe still can sustain in coming years, but Mining division, especially gold, i think is not guarantee profit business, assume global gold price suddenly plunged down, from previous 10 million profit become 10 million loss, some more gold mining cost is high, is a risky business...mood abit down... :-( up up up...bornoil... :-D :-D :-D

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