Posted by bruce551133 > 2017-04-17 10:44 | Report Abuse

morning redz1, i feel the positive energy flow in... :-D up up up...bornoil... :-D :-D :-D

Posted by Redz1 > 2017-04-17 10:53 | Report Abuse

Good for us all. Most important Bornoil today has breached the .195. Even for awhile. Positive bro, Positive.

Posted by Tai KT > 2017-04-17 10:57 | Report Abuse

My two cents on Bornoil

*History gold price x RM/USD ratio
-2007yr, 650x3.37=2190（fin. crisis)
-2012yr, 1750x3.05=5773 (crude oil tension)
-2017yr, 1250x4.44=5550 (NK geographical tension)
Overall, long term this ratio is up trend.

* propose of bonus 8 to 4 and free warrant to reward of his share holder.

Fundamental:

*Current ratio=1.39 (healthy)
*margin of safety=1(safe)
*current asset position=89m (positive current asset)
*Net cash use in operation =308m ( last yr was -90m)
*Investment activities =-376m
(big grow on investing)
Finance activities =6m (from issuance share)
**Cash balance =46m (last yr 89m)
**overall cash flow= -62m
(I optimistic on the -ve cash flow, due to huge investment in fixed asset, including facility of mining , and equipment)
Remark as below:
Total asset increase =90m
Total debt increase=- 38m
Net asset increase=52m
(net asset actually increased)


Current pe est=12.1× consider relatively low
(history pe between 10 to 41)

Gold inventory: (increase RM150m in one yr)
*Feb2017, was 44,540oz
(x USD1290x4.44=RM255.1m)
*Oct2016, was 27,000oz
*Jun2016 , was18,177oz
*Feb2016 , was 20,600oz
(x USD1240x4.10=RM104.7m)

Market cap=576m
Gold inventory cash =RM300m
Means 52% of the price you pay now is belong to gold and cash value.

On the qr of profit report.
Cumulative 4q of 3 segments performance(office is an expenses)
1. Mining (total profit 6m)
Q4, rev 16.6m, profit -7m
Q3, rev 937.3m, profit 2.6m
Q2, rev 1033.3m, profit 3.4m
Q1, rev 1480.6m, profit 6.9m

2. Franchise(total profit 3.3m)
Q4, rev 12.6m, profit 0.4m
Q3, rev 12m, profit 0.9m
Q2, rev 13.6m, profit 0.7m
Q1, rev 13.4m, profit 1.3m

3. Property (total profit 40.5m)
Q4, rev 1.5m, profit 16.8m
Q3, rev 1m, profit 20m
Q2, rev 0.7m, profit -0.3m
Q1, rev 0.6m, profit 3.9m

4.Office (total profit -1m)
Q4, rev 9m, profit 0.4m
Q3, rev 9m, profit -0.7m
Q2, rev 9m, profit 0.6m
Q1, rev 9m, profit -1.4m

Overall performance 2016:
Property 40m
Mining 6m
Franchise 3.3m
Office -1m

**Remember it already increase it gold inventory tromedously. ( RM150m)

Borneo Oil Bhd start to turn around since 2nd half of 2014 and continue making profit. Continue diversify and heavy invest in 2016. Increase production in gold mining, continue growing in franchise( already contri profit) , new energy and limestone. (expect start to contribute profit in coming qr and second half of 2017.

On outlook 2017, please read it by yourself.

Remarks,
On the uncertainty of NK war, Trump on weak USD policy, EU debt and break of union, middle east war and all crisis. May be it is time to buy some gold and gold related counter to balance the risk.
Anyhow, trade at your own risk.

Posted by Redz1 > 2017-04-17 11:03 | Report Abuse

When is the proposed bonus? I guess that's the most important date we shareholders here
has been quiet. wants to know haha. Our frd bonus is on holiday. Spending his profit. That's why the forum

Posted by Redz1 > 2017-04-17 11:17 | Report Abuse

We shareholders wanted to know. Bonus has been quiet**

Posted by nich0las > 2017-04-17 11:22 | Report Abuse

OK, bornoil need to take a rest 1st. kekeke... supporter pls come again in afternoon. tq

Posted by bruce551133 > 2017-04-17 11:25 | Report Abuse

redz1, bonus2016 now having a coconut in front of big sea... :-D up up up...bornoil... :-D :-D :-D

Posted by fwsen > 2017-04-17 12:08 | Report Abuse

most companies will announce good news a mth before QR. then the ex date might somewhere a mth after QR. the stragtegy is to prevent or reduce ppl take profit before and after QR. as well as to maintain the momentum after QR.

Posted by ah_siang95 > 2017-04-17 14:30 | Report Abuse

韩联社报道，最近，“若朝鲜进行第六次核试验，美国可能会先发制朝”的说法广为传播，投资者普遍认为黄金是最为理想的保值产品。据韩国黄金交易所16日消息，之前10至100克小金条日均销量为100条左右，而在“朝鲜半岛4月危机”言论传开后，销量骤增至约400条，增幅为300%。

Posted by nich0las > 2017-04-17 14:52 | Report Abuse

This time gai liao, gold will be less. War needed it so much!
Hope our company dig as fast as can. To keep more inventory.
If born gold planing to dig other country then more good. Combodia ka, vietnam ka, sumatera ka. Hmm....

Posted by bruce551133 > 2017-04-17 15:34 | Report Abuse

asalamulaikum, woodswater... :-D :-D :-D up up up...bornoil... :-D :-D :-D

Posted by Redz1 > 2017-04-17 15:54 | Report Abuse

Buy more woodswater bornoil shares. Top up faster.

Posted by bruce551133 > 2017-04-17 16:07 | Report Abuse

bornoil official become syariah compliant stock after woodswater declared from bangladeshi... :-D :-D :-D up up up...bornoil... :-D :-D :-D

Posted by crazy127 > 2017-04-17 17:41 | Report Abuse

both.us 2:1, will go up 0.35

Posted by bruce551133 > 2017-04-17 17:47 | Report Abuse

tonight gold price going to break USD1300.00... :-D up up up...bornoil... :-D :-D :-D

Posted by sogeking > 2017-04-17 18:09 | Report Abuse

This counter seems to be having a hard time breaking the resistance @ 0.19

Posted by faralenz77 > 2017-04-17 19:59 | Report Abuse

Big sellers keep on topping up sell-q @0.19 to the buyers. Want to profit half sen also difficult.

Posted by Redz1 > 2017-04-17 20:51 | Report Abuse

Patience. Bonus our regular now vacationing. His dnex up. After spending he'll return checking on his sought after Bornoil. Weve been here long.

Posted by bruce551133 > 2017-04-17 21:24 | Report Abuse

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

Posted by SandN > 2017-04-17 23:20 | Report Abuse

Pls up up up!

Posted by nich0las > 2017-04-18 08:25 | Report Abuse

No more war? Gold look like droping. Sien.

Posted by luckyeveryday > 2017-04-18 08:39 | Report Abuse

i think they are not just in gold, correct???

Posted by luckyeveryday > 2017-04-18 09:23 | Report Abuse

46,000 shares only changed hand. what a CON job!!!

Posted by bruce551133 > 2017-04-18 09:34 | Report Abuse

crocodile still not wake up... :-D up up up...bornoil... :-D :-D :-D

Posted by Redz1 > 2017-04-18 09:35 | Report Abuse

Dragon

Posted by OngLai88 > 2017-04-18 10:02 | Report Abuse

Money laundering activities stop for a while.

Posted by kiautoo > 2017-04-18 12:37 | Report Abuse

helpless n hopeless

Posted by bruce551133 > 2017-04-18 12:51 | Report Abuse

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

Posted by YK Yap > 2017-04-18 12:55 | Report Abuse

Bonus issue approved

Posted by Jimmy Chew > 2017-04-18 13:10 | Report Abuse

So what's the warrant's price ?

Posted by Tai KT > 2017-04-18 13:23 | Report Abuse

bonus issue of share and free warrant, no need to pay.

Posted by jontfj > 2017-04-18 13:23 | Report Abuse

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5398561

Posted by Tai KT > 2017-04-18 13:36 | Report Abuse

https://www.google.com/amp/www.nst.com.my/node/162054/amp

Posted by Tai KT > 2017-04-18 13:36 | Report Abuse

old news, but gold price will rise above 1300 soon

Posted by bruce551133 > 2017-04-18 14:33 | Report Abuse

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

Posted by sogeking > 2017-04-18 14:35 | Report Abuse

Heavy lunch meal. Now sleepy @0.19

Posted by bruce551133 > 2017-04-18 14:44 | Report Abuse

take a nap, set alarm clock at 4.00pm wakeup... :-D up up up...bornoil.. :-D :-D :-D

Posted by Redz1 > 2017-04-18 15:17 | Report Abuse

Volume low la Bruce

Posted by OngLai88 > 2017-04-18 15:19 | Report Abuse

Bonus shares and free warrants already approved. Now waiting for operator to goreng. Before or after ex-date ?

Posted by nich0las > 2017-04-18 15:20 | Report Abuse

2,112,341,814 Bonus Shares to be issued, amboi. dahsyat sungguh itu volume.

Posted by ryan8814 > 2017-04-18 15:32 | Report Abuse

When is the ex date for bonus share?

Posted by Redz1 > 2017-04-18 15:33 | Report Abuse

Yes, when?

Posted by Woodswater > 2017-04-18 15:35 | Report Abuse

Means mother 8+4+1WD ,
WC 8+4 , too
WB 8+4 , three ?

Don't Wakakakaka

Posted by ryan8814 > 2017-04-18 15:44 | Report Abuse

@woodswater
Is that true ? Even wb can get free unit?

Posted by OngLai88 > 2017-04-18 15:44 | Report Abuse

1 - 2 years later another corporate exercise. Merge 4 to 1. Lol.

Posted by bruce551133 > 2017-04-18 15:45 | Report Abuse

redz1, yes, that why i need double my effort put more support... :-D up up up...bornoil.. :-D :-D :-D

Posted by ryan8814 > 2017-04-18 15:46 | Report Abuse

I also think the same! Lol

Posted by OngLai88 > 2017-04-18 15:46 | Report Abuse

WB, WC get 50% of free units like mother share. Company very generous to reward shareholders. WB, WC exercise price also reduce to around 7 - 8 sen.

Posted by Tai KT > 2017-04-18 15:56 | Report Abuse

my understanding on the warrant, it's exercise price can't be below the Party value.

Posted by Tai KT > 2017-04-18 15:57 | Report Abuse

Par value, typo error