why after a year holding bornoil share, after quarter and quarter, we havent wait till a excellent or even good qr, but someone say that we got excellent qr for last few quarters? haha, really a joke, hahahaha
u talking too much also no use, i have my strategy and plan, up i am happy, after one round earning dividends, i am even happy if it back to square, another round to earn my dividends, buy low and sell high. this qr i really no idea, but for QR1 2017, i am excited waiting for it ! we are long time holder, just like bro woodswater say so, up too much at once is not a good sign ( unless with a boom news ) , u just here to scare the contra players off, not me, ai, 不要再费口舌了,我也不会再理会你了,一年到头,都不知有多少人不停换id, 看不得他人好,自己贪就算了,也眼红他人赚点儿,你爱写什么就写吧,哈哈哈
ACQUISITION VIA SUBLEASE OF SIX (6) PARCELS OF QUARRY LANDS MEASURING 32.57 HECTARES HELD UNDER DOCUMENT OF TITLES NT113026421, NT113026430, NT113026403, NT113026396, NT113026387 AND NT113026350 DATED 24TH JANUARY 2017 (“THE SUBLEASE AGREEMENT”) AND NT113026412 MEASURING 5.49 HECTARES DATED 1 JULY 2016 (“THE EARLIER SUBLEASE”) ALL SITUATED AT ULU SEGAMA, DISTRICT OF LAHAD DATU, SABAH
it need 100M and need to pay this month.
sell all treasury share total amount 30M (company net profit 6.4M through selling treasury share), and company got cash 80M.
Lk036, agree with u, but for me, even short term is good, mid term is wonderful, long term is superb ! why short term can be good? when up, lock some profit lah, dont be greedy holding all and hope for more and more, then u wont mind it go down or even back to square. mid term should break 0.200 and long term should be at least around 0.3 - 0.5
meanwhile, rogerlth, may i know where to get the info that company got net profit 6.4M through sold out treasury share? by company account or count by urself?
Orson Chin,my suggestion is u may some homework, like google to know better regarding sold/cancellation of treassury share, u may get the answer why or the impact to the shareholder, 1st u need to get the meaning of "treasury shares" in share market. only ppl know nothing may panic sale, while some others steady to collect at lower price. i dont say anything regarding possitive or negative, u make ur own decisions, just sharing my suggestion for u to know better of it.
when a company shares in troubles, company may choose to buy back, so what do u think? buy back good news or bad news? see how ur view and how u analysts the situation loh. when company decides to sold out / need to sold out, or any other reason, maybe negative, or maybe very positive, it is not same like directors disposed shares lah, different story at all. thank for rogerlth for sharing ur info, maybe u are right, mostly for better expanding purpose. or they even got some breaking news that rush to increase the inventory of gold? or maybe regarding the second phrase project ! all just maybe, all the best for us as shareholder
u buy in the share, u definitely will sold out some days after that, maybe taking profits, maybe u need money, maybe cut lose, maybe because of the rules or market ( like contra - force selling) etc. almost same things happent to treasury shares, buy in - sold out, not a big deal
talking so much, not asking anyone to buy, sale or not, just sharing what i know, correct me if i am wrong, i am still learner. but i am waiting to accumulate if any lower price, hahaha
If u check on hapseng history price for last 10yrs... you will noticed the price stagger for couple yrs on lowest price until build up a straight line.... so be ready urself w/holding power for bornoil as well
wow, tq so much Yn Hin Chong for ur info ! tq for Kklow77 for very positive comments, that is why many of us willing to become long time shareholder for bornoil ! just imagine if 2018 / 2019 bornoil share price at 0.70 and ur average holding price is 17c, and the company keep forward, how u feel? dont worry, no need to remind me, just let me dream, at least i have my dream, is good life for me, who knows my dream come true, then let me smile in my dream
kklow77, not 60m. Total was 132m treasury shares disposed in 3 transaction days and total amount received from treasury shares sold is RM22,995,019.00. You can check company announcement in Bursa Malaysia.
Why Bornoil. A) company revenue n profit start growing. B) Lau Koo Chuan n Victoria is in the company. C) share buy back previously. D) what happen if gold price up a lot. Which company benefit most. E) hv potential Dato Lau turn it like hap seng. F) only thing Dato Lau getting old.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
bonus2016
900 posts
Posted by bonus2016 > 2017-03-07 19:28 | Report Abuse
ok, tq Eric, my bullet is ready !