BORNEO OIL BHD

KLSE (MYR): BORNOIL (7036)

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Last Price

0.01

Today's Change

0.00 (0.00%)

Day's Change

0.005 - 0.01

Trading Volume

1,639,900


34 people like this.

30,288 comment(s). Last comment by OKU_2020 6 hours ago

Posted by Pakandak Andak > 2017-03-06 09:53 | Report Abuse

Watch out closely. .

damagpie

281 posts

Posted by damagpie > 2017-03-06 10:14 | Report Abuse

I am a shareholder of bornoil but I just want to correct some of the misconception that is being said on this thread for the benefit of the newbies.

When US interest rate goes up the usual correlation to gold price is that gold will go down. Current outlook for US rate hikes is 3-4 times this year, hence gold prices are not expected to rally. I do not sell because I am a long term investor.

faralenz77

1,045 posts

Posted by faralenz77 > 2017-03-06 10:20 | Report Abuse

US interest rate hike is not good for our share market either

damagpie

281 posts

Posted by damagpie > 2017-03-06 10:37 | Report Abuse

@Faralenz77 I believe market is not as sensitive to US rate hikes as last two years already. Even with concensus 90% expecting march US rate hike and 3-4 rate hikes this year our market has not sold off.

skyrocket

496 posts

Posted by skyrocket > 2017-03-06 12:08 | Report Abuse

Drop in gold price can be compensated by ringgit depreciation if US Federal rate hike

fl888

7,796 posts

Posted by fl888 > 2017-03-06 12:14 | Report Abuse

Ringgit 3.80 to now RM4.48 , Forex gain is very big when they announce coming qtr result....

skyrocket

496 posts

Posted by skyrocket > 2017-03-06 19:03 | Report Abuse

As expected bornoil disposed treasury shares again today. Just wonder who keep buying and maintain the price at 0.175

jontfj

527 posts

Posted by jontfj > 2017-03-06 19:53 | Report Abuse

look like it going to fly soon after treasury shares dispose enough?

OngLai88

1,234 posts

Posted by OngLai88 > 2017-03-06 20:04 | Report Abuse

Price maintained at 0.175 for directors & friends to buy treasury shares. When they bought enough then they push up to sell for profit. Right or wrong?

skyrocket

496 posts

Posted by skyrocket > 2017-03-06 20:56 | Report Abuse

92m shares traded today where 30m was treasury shares and almost 100% traded at 0.175. I think will fly after big bosses accumulated enough.

I accumulated more bornoil-wc today to target a higher profit margin. 20% premium and maturity 2025.

OngLai88

1,234 posts

Posted by OngLai88 > 2017-03-06 21:15 | Report Abuse

Good observation and analysis. Let's hope it break the 20sen barrier fast before the bull is tired.

skyrocket

496 posts

Posted by skyrocket > 2017-03-07 09:21 | Report Abuse

Most active stock today and maintain @ 0.175

OngLai88

1,234 posts

Posted by OngLai88 > 2017-03-07 09:45 | Report Abuse

Still collecting. No frying yet. Wait longer but hope bull is still not tired

nich0las

2,789 posts

Posted by nich0las > 2017-03-07 09:55 | Report Abuse

y today acquire alots?

spidermen

606 posts

Posted by spidermen > 2017-03-07 09:56 | Report Abuse

not today only . Everyday huge volume all buying. will coming something

nich0las

2,789 posts

Posted by nich0las > 2017-03-07 10:03 | Report Abuse

ya something is coming. Borneo Tornado..... http://imgur.com/a/Bv851

skyrocket

496 posts

Posted by skyrocket > 2017-03-07 10:07 | Report Abuse

May be they dispose treasury shares to buy more gold at low price. haha

Topgugu

28 posts

Posted by Topgugu > 2017-03-07 10:46 | Report Abuse

you tot someone will sell u at 0.17 if the price not going to drop till 0.165?
Big volume queueing at 0.17 for nothing..only figures without volume traded

Posted by Howard Siow > 2017-03-07 10:48 | Report Abuse

Why so many buying? But the price cant up?

jontfj

527 posts

Posted by jontfj > 2017-03-07 11:00 | Report Abuse

many disposing Treasury shares again...

faralenz77

1,045 posts

Posted by faralenz77 > 2017-03-07 11:37 | Report Abuse

100M outstanding Treasury shares to be sold @17.5? The buyers could be Victoria Capital Sdn Bhd and public.

Eric_B8B

73 posts

Posted by Eric_B8B > 2017-03-07 12:44 | Report Abuse

Woods water what makes u think rocket is ready ?
Ready to dig the ground ? Wakakakakaka

fl888

7,796 posts

Posted by fl888 > 2017-03-07 14:30 | Report Abuse

100million X 0.175 =. .?? Amount plus the previous sold Treasury shares goes back into Banking ac......

OngLai88

1,234 posts

Posted by OngLai88 > 2017-03-07 14:40 | Report Abuse

0.17 sell down in 2 minutes

nich0las

2,789 posts

Posted by nich0las > 2017-03-07 14:46 | Report Abuse

Wah, this is BIG BIG TRAP

OngLai88

1,234 posts

Posted by OngLai88 > 2017-03-07 14:47 | Report Abuse

Someone said T4. So could be force selling

faralenz77

1,045 posts

Posted by faralenz77 > 2017-03-07 15:01 | Report Abuse

smell not right. 37M sell down in 2 min.

Orson Chin

2,085 posts

Posted by Orson Chin > 2017-03-07 15:16 | Report Abuse

What happen today.

Yip CH

12 posts

Posted by Yip CH > 2017-03-07 15:16 | Report Abuse

everyday huge volume but not yet fly

bonus2016

900 posts

Posted by bonus2016 > 2017-03-07 15:29 | Report Abuse

wow, such a big amount, must be very very very big after this, something blewing behind. by the way, why wc still stand strongly at 0.95 - 0.100 level ? now suppose 0.90 - 0.95 level, interesting, hohohoho, look like this month really can become bornoil month, almost everyday top 10, hohohoho

Sales

3,294 posts

Posted by Sales > 2017-03-07 15:43 | Report Abuse

Top ten also no use, cannot go up.

OngLai88

1,234 posts

Posted by OngLai88 > 2017-03-07 16:06 | Report Abuse

Very funny. Huge volume for past days. But no up. Operator playing with your patience trying to make you lose. You don't run, it will side-way and not move up. You run, it will fly then you will regret. Make your own decision.

imlearning

869 posts

Posted by imlearning > 2017-03-07 16:33 | Report Abuse

bornoil wc, worth to collect ?anyone know ?

Eric_B8B

73 posts

Posted by Eric_B8B > 2017-03-07 16:59 | Report Abuse

I told ya , no more 175 180 this week. Heading 165 160 soon wakakakaka

nich0las

2,789 posts

Posted by nich0las > 2017-03-07 17:11 | Report Abuse

not 160, is 140. lagi good, can acquire more.

Posted by Howard Siow > 2017-03-07 17:32 | Report Abuse

Real weird this counter

bonus2016

900 posts

Posted by bonus2016 > 2017-03-07 17:47 | Report Abuse

top up some at 0.170, u need to know the rule to invest, and the rule to play the game, tomorrow maybe drop further, who knows? maybe start from tomorrow, rocket up,who knows? hahaha

Eric_B8B

73 posts

Posted by Eric_B8B > 2017-03-07 17:59 | Report Abuse

Very humble of u bonus2016

bonus2016

900 posts

Posted by bonus2016 > 2017-03-07 18:11 | Report Abuse

sorry, eric, my english is very poor, busy to find dict now, very sorry

bonus2016

900 posts

Posted by bonus2016 > 2017-03-07 18:13 | Report Abuse

eric, like nicholas say so, common just let it be 0.14, i remains bullet to top up at 0.14 ! how bout that eric?

skyrocket

496 posts

Posted by skyrocket > 2017-03-07 18:25 | Report Abuse

61m treasury shares sold today! Bornoil is cash rich now

nich0las

2,789 posts

Posted by nich0las > 2017-03-07 18:26 | Report Abuse

What is this announce means? Been Dispose or Acquire?
http://www.bursamalaysia.com/market/listed-companies/company-announcements/5359497

bonus2016

900 posts

Posted by bonus2016 > 2017-03-07 18:27 | Report Abuse

today morning smell it, parking to top up wc at 0.95, after lunch hour open out and see the moment, though that i get my wc already, but cant get it even till 5pm. tomorrow will park at 0.09 see will get it back or not.

bonus2016

900 posts

Posted by bonus2016 > 2017-03-07 18:33 | Report Abuse

yup, skyrocket, hahaha. 39350 lots remaining in treasury, company full of cash right now. look like tomorrow will continue to sold out all the treasury share?

skyrocket

496 posts

Posted by skyrocket > 2017-03-07 18:35 | Report Abuse

Bonus, no more treasury shares if they throw the balance tmr, 39m only.

faralenz77

1,045 posts

Posted by faralenz77 > 2017-03-07 18:40 | Report Abuse

today 61M treasury shares sold in open market. Tomorrow another 39M to throw.
Another exciting day....Hope will move up afterthat with better Qr results

bonus2016

900 posts

Posted by bonus2016 > 2017-03-07 19:06 | Report Abuse

look like up, it down, look like down, it may up

bonus2016

900 posts

Posted by bonus2016 > 2017-03-07 19:07 | Report Abuse

ya, skyrocket, u are right, tomorrow mostly treasury shares will be empty, clear for cash

Eric_B8B

73 posts

Posted by Eric_B8B > 2017-03-07 19:24 | Report Abuse

After throw , still all
way down

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