BORNEO OIL BHD

KLSE (MYR): BORNOIL (7036)

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Last Price

0.005

Today's Change

0.00 (0.00%)

Day's Change

0.005 - 0.01

Trading Volume

461,500


34 people like this.

30,282 comment(s). Last comment by OKU_2020 1 hour ago

Posted by Angelinelaw > 2017-07-28 15:45 | Report Abuse

Cheers

Posted by John Lim > 2017-07-28 15:52 | Report Abuse

No need to bark at me. See... drop another 5%. Up 5% down 5% so boring. I bought mmsv,jhm, vis and bornoil one year ago. They all go up from 1 times to 5 times. Only bornoil stagnant for 1 year.
Luckily I sold it at 0.12 last month. Sometimes we need to accept the fact. How long you can wait ? Opportunity cost. Use the money to invest better stock. No need to hang on here till dry and die.

Sales

3,293 posts

Posted by Sales > 2017-07-28 16:26 | Report Abuse

John Lim, you got choice to choose. There are so many counters, no need to give advice on this counter. Thanks.

bonus_2017

424 posts

Posted by bonus_2017 > 2017-07-28 16:28 | Report Abuse

John Lim, why u come to bark again, bark at ppl door or gate, we are shareholders here, u are not, u bark at ppl place, dont lose ur face lah, dont say bornoil forum, any forum u go, we bot interest to know how ur portfolio, how ur achievement, i just mention recently, the kind of person like u only bark and telling ppl i win this i win there, even till lose underwear, he can talk about history, u know 10 years ago, 1 times in 5 minutes niah, long long story...this is open forum, we all know that, that is why u are allow to bark here, welcome, but i have no any born for u, 脸是自己拿来丢的

bonus_2017

424 posts

Posted by bonus_2017 > 2017-07-28 16:32 | Report Abuse

f u still wanna bark here, u are welcome, but dont estimate after u bark, u will get ur bone, find it somewhere urself, i dont care what u are barking there anymore, get it? lol

bonus_2017

424 posts

Posted by bonus_2017 > 2017-07-28 16:35 | Report Abuse

All investors here using own money to invest, not using urs, no need anyone barking here and there, making noise only, useless

bonus_2017

424 posts

Posted by bonus_2017 > 2017-07-28 16:38 | Report Abuse

5% i wonder who is ur matematics teachers vs 5 times wow 500% can go oversea and bark there liao, what for barking at here, bill gate also loss to u, clap for u ! Yeah, but still no bone, sorry, bye for u ya

bonus_2017

424 posts

Posted by bonus_2017 > 2017-07-28 16:49 | Report Abuse

Sorry for others, again, i know i am rude today, apologized for others, i always not been gentlemen to some kind of loser but keep action around. Anyway, happy investing and happy weekend, see again next week, wish a better week and onwards for bornoil and also all the stocks as my friends holding to be rocketing up ! Up up up, Bornoil! Go go go, bornoil!

bruce551133

3,339 posts

Posted by bruce551133 > 2017-07-28 16:55 | Report Abuse

next week continued ga yau! ga yau! ga yau! up up up...bornoil... :-D :-D :-D

Sales

3,293 posts

Posted by Sales > 2017-07-28 17:00 | Report Abuse

Bornoil Up! Up! Up!!!!!!:)

Ryotan11

592 posts

Posted by Ryotan11 > 2017-07-28 17:03 | Report Abuse

Wow john, what share can recommend currently

Posted by John Lim > 2017-07-28 17:13 | Report Abuse

Truth always hurts. A loser always a loser. Never learn from mistakes. Like Mr yong said. he has bought this stock for 2 year. Nothing changes. You are the one who lose your face after you so strongly Recommend this stock and it still remains stagnant. What you can do is shouting up up up everyday.
Pathetic. What patrick keong said is absolutely right.
I hope those smart people know what to do after reading this. Only those know when to pull out can make money in stock market. End of story

Ryotan11

592 posts

Posted by Ryotan11 > 2017-07-28 17:22 | Report Abuse

Recommend share pls

bruce551133

3,339 posts

Posted by bruce551133 > 2017-07-28 17:37 | Report Abuse

if anyone who think this stock have no potential, can leave here anytime, why so bother other people comments, why so many malaysian people "suka jaga kain tepi orang"... :-D up up up...bornoil... :-D :-D :-D

Ninetales

57 posts

Posted by Ninetales > 2017-07-28 17:51 | Report Abuse

Why VICTORIA buy so much?

Posted by John Lim > 2017-07-28 17:56 | Report Abuse

Ryotan you can check ecofir, johan and jhm
Go to check vis, mmsv and jhm prices one year ago.
They all go up from 2 to 5 times.
Figures never lie. Truth is truth.

Sales

3,293 posts

Posted by Sales > 2017-07-28 18:26 | Report Abuse

Don't make noise here. You are always welcome to go to another i3forum. Thank you for going.

bruce551133

3,339 posts

Posted by bruce551133 > 2017-07-28 23:52 | Report Abuse

thanks sales...up up up...bornoil... :-D :-D :-D

bruce551133

3,339 posts

Posted by bruce551133 > 2017-07-29 00:04 | Report Abuse

http://www.cnbc.com/2017/07/28/north-korea-appears-to-have-fired-another-missile-reuters.html

fire more missle...up up up...bornoil... :-D :-D :-D

nich0las

2,788 posts

Posted by nich0las > 2017-07-30 09:30 | Report Abuse

http://imgur.com/a/iL07I

bonus_2017

424 posts

Posted by bonus_2017 > 2017-07-31 09:43 | Report Abuse

Wan, please come more often, ya, go and buy plenty stocks that no block at sell volume, look like it will up/ up goreng soon, easily u will become fish. If u not come, i also feel not good, hahahaha

bonus_2017

424 posts

Posted by bonus_2017 > 2017-07-31 09:46 | Report Abuse

Bruce, nvm lah, more and more of these kind of person appears in any i3 forum, mostly mean that stock will up in near term, the simple logical thinking. Just let them do their job, to swipe away weak holder. UP UP UP BORNOIL! Looking at the selling volume queue, i am big big confidence of it! Just ignore all of this put it there, wait when they are ready to push up the price loh. All the best, nice Monday

Ryotan11

592 posts

Posted by Ryotan11 > 2017-07-31 09:56 | Report Abuse

Erm... Bornoil capital from 475m reduce to 455m today

bonus_2017

424 posts

Posted by bonus_2017 > 2017-07-31 11:02 | Report Abuse

Will back to comments if needed, if not, i will back again after price move above 0.125, even gold price daily movement wont affect bornoil price near term movement at all, i am also interest to see when will it get back to 1300 level, will feel wonderful if it can break 1400 in 2017, hahaha. all the best

Posted by luckyeveryday > 2017-07-31 11:08 | Report Abuse

Many promoters of Bornoil are blinded by their ego and that cannot accept criticism. Bornoil (born to get burn, the name justified for those specific "promoters" here), the way I see it, 0.06 is more like a fair value to justify the risk factor. Anyway, happy hunting !!!

Posted by Harry Singh > 2017-07-31 11:24 | Report Abuse

hey guys just chill no point barking, pls.

wotvr

841 posts

Posted by wotvr > 2017-07-31 12:02 | Report Abuse

High selling pressure

195410

141 posts

Posted by 195410 > 2017-07-31 12:05 | Report Abuse

Ha ha ha.. 500 big lots done @0.10. Que another 500 lots @ 0.09. Up down up down bornoil..cheers.

wotvr

841 posts

Posted by wotvr > 2017-07-31 12:05 | Report Abuse

I think someone making a show. Selling to their own queue

GoodBoy

6,594 posts

Posted by GoodBoy > 2017-07-31 12:14 | Report Abuse

Be patience ... Buy gold buy Bornoil as hedging ... cheers ...

bonus_2017

424 posts

Posted by bonus_2017 > 2017-07-31 12:38 | Report Abuse

Ok, i feel i wanna give my comment, cox i wanna cheers with 195410, i queue at 0.09 and 0.08 1000 giant lots this morning, yeah i get it ! Yes ! Yes ! Yes! But any 3 years old above investor here can believe u, better quit share market early before losing ur underwear. Small retailers and ikan bilis can queue in front and buy at 0.10 this morning, so big mouth also can, so far u are the cheapest opposition in this forum, 脸是自己送来丢的,lol. Wotvr, 100% u are right, very obvious the price is being control at this level right now, maybe for the good of ESOS purpose, i guess so. Buy and sell queue mostly the same party. No one can buy at 0.100 right now, but u are welcome to sell at 0.100 if u just looking at queue volume, simple, so accumulating mode still keep going, this time really really big crocodile or sharks behind, or big big big good news is waiting ahead! That is all from me, tq

bonus_2017

424 posts

Posted by bonus_2017 > 2017-07-31 14:17 | Report Abuse

No use to talk cock in i3 forum

bonus_2017

424 posts

Posted by bonus_2017 > 2017-07-31 14:20 | Report Abuse

Will quit for a while, later see if i will quit all i3 forum for life, will hold bornoil till recession till gold running bull break 1800USD. Many sifu here and there, i am so afraid, hahaha!

bonus_2017

424 posts

Posted by bonus_2017 > 2017-07-31 14:23 | Report Abuse

Bruce, all the best for u. We can be friend, i am happy to be ur friend, hahaha. For temporary, i will quit monitoring this forum, maybe after some while i will decide to quit it all.

bonus_2017

424 posts

Posted by bonus_2017 > 2017-07-31 14:26 | Report Abuse

When i am free, i may create an email ac, i dont like to share my personal one here, many "ghost" in i3, hahaha. So that we can kerp contact in future, if needed. I will go KL every year, maybe one day we can have a drink, who knows that time bornoil really break RM1, hahaha! Ok lah, no joking. All the best for u

bonus_2017

424 posts

Posted by bonus_2017 > 2017-07-31 14:41 | Report Abuse

Especially thank To Mr Tai KT for ur very informative comments within these few months, only u give us a good analysis and informative comments, besides of SOS, tq for ur both, tq. All the best for all, bye. bruce, up up up!

Sales

3,293 posts

Posted by Sales > 2017-07-31 14:43 | Report Abuse

Bonus2017, we want you to share with us. Anyway, good luck and hope you will come back when Bornoil Up! Up! Up!!!!!

wotvr

841 posts

Posted by wotvr > 2017-07-31 15:53 | Report Abuse

Enjoy your leave. I just park a bit here. Nav at current price is double. Gold hedge a bit for recession.

bruce551133

3,339 posts

Posted by bruce551133 > 2017-07-31 19:09 | Report Abuse

bonus2017, thanks to treat me as friend, if one day u confirm quit i3investor, then u may provide your email, so i can get tips from u after that... :-D up up up...bornoil... :-D :-D :-D

bruce551133

3,339 posts

Posted by bruce551133 > 2017-08-01 09:47 | Report Abuse

ga yau! ga yau! ga yau! up up up...bornoil... :-D :-D :-D

Ryotan11

592 posts

Posted by Ryotan11 > 2017-08-01 10:59 | Report Abuse

Will bornoil fly to 0.30 ?... Coz silence and less movement last year

Posted by Vilhelm Lim > 2017-08-01 10:59 | Report Abuse

anyone went to AGM?

bruce551133

3,339 posts

Posted by bruce551133 > 2017-08-01 14:00 | Report Abuse

i'm local KL, agm at sarawak too far can't make it there... :-D up up up...bornoil... :-D :-D :-D

bruce551133

3,339 posts

Posted by bruce551133 > 2017-08-01 22:36 | Report Abuse

tai kt(son goku) appear again...even i don't understand chinese character but i know this article is positive news... :-D up up up...bornoil... :-D :-D :-D

Posted by Vilhelm Lim > 2017-08-02 10:09 | Report Abuse

bruce, may i know y you can be so positive with bornoil ?

Posted by luckyeveryday > 2017-08-02 10:58 | Report Abuse

TP 0.06 = fair value.

bruce551133

3,339 posts

Posted by bruce551133 > 2017-08-02 12:49 | Report Abuse

vilhelm lim, i'm so positive is based on below statement.. :-D up up up...bornoil... :-D :-D :-D


OVERVIEW AND PERFORMANCE REVIEW
Overall the Group achieved a total gross revenue of RM243,815,282 which include other income of RM65,806,170
and a net gain from gold spot contracts of RM17,182,899 with a recorded profit before tax of RM48,652,682
compared to RM12,391,241 for the preceding year.
Total Assets increased by RM94,104,909 from RM722,481,780 in 2016 to RM816,586,689 in 2017. There was a
slight increase in total liabilities from RM184,528,333 in 2016 to RM224,809,105 (2017).
Franchise
Against deteriorating economic conditions and the falling Ringgit, the Franchise Division faced a very challenging
year. Total franchisees’ sale was approx. RM121,000,000 compared to 2016 of approx. RM117,000,000. Total
revenue achieved was RM54,335,340 compared to RM52,213,900 in 2016 and net profit before tax dropped to
RM3,527,231compared to RM10,645,261 in 2016.

The Division will continue to face challenges in the present financial year but food being an essential part of human
existence and activity will continue to be consumed irrespective of economic conditions and the Division is well
prepared in adjusting itself to changing situations and circumstances. Broasted Chicken by SugarBun will be rolled
out in the Eastern States of West Malaysia, whilst Borneo Asian Food by SugarBun will be rolled out in the more
affluent areas.
As for Sabah and Sarawak, a mobile unit of Broasted Chicken, ice cream and pizza will enter the market by late 2017.
Tong Meng had launched their 1st and 2nd London duck outlets in Kota Kinabalu and Aunty Franklee had also
started operating in Melbourne, Australia. There are plans for Tong Meng to enter the China and American markets
in late 2018.
Limestone
During the financial year, the Group acquired Limestone Quarries for marble block production and in preparation
for the imminent setting up of an Integrated Cement Plant in Sabah. Production of marble blocks have been
outsourced to Lung Shing Sdn Bhd, a Malaysian Company substantially owned by investors from China and since
January 2017, a total of 1,356 blocks measuring 8,605 metric tonnes of limestone have been produced and over
267 containers have been shipped and exported to China. Limestone aggregates for further downstream processing
will now be the next focus of the Group. The Group currently owns and has access to approximately 69,954,000
metric tonnes of limestone deposits in and around the vicinity of its quarries.

Gold
569,342.20 tons of alluvial ores were processed during the financial year and 40.47 kg of Dore Gold was produced
compared to 27.35 kg of Dore Gold produced in 2016. Total production cost including administrative expenses
came out to be RM107.45 per gm against the average market price of RM170 per gm.
2,894 metres were drilled during the year and up to the date of writing, 25,000 oz of potential gold resources have
been discovered within a 600 metres long and 300 metres wide zone in the original trenching zone with an earlier
estimated total inferred resources of 60,814 oz.

The heap leaching in Bukit Ibam is facing further delays due mainly to the fact that it is the 1st leaching process in
Malaysia dealing with a non-toxic chemical “Earth Gold” (which is not cyanide based) and the challenge of leaching
by this solution “Earth Gold” in an equatorial environment.
The Gold Trading Department bought and sold 823,800 oz of gold spot contracts during the year and contributed
a nett gain of RM17,182,899 to the Mining Division.

Properties
The Group’s investment in properties is focused mainly on 2 main criteria – “tourism” and “resource based”.
Sabah enjoys the privilege of being one of the top preferred tourist destination for travelers to Malaysia. From
2013 to 2016, an average of 3 million tourists per annum came to Sabah. Over 40% of them are repeat visitors.
Tourism revenue shot up from RM5 billion per annum in 2012 to RM7 billion per annum in 2016 (Sabah Tourism).
The Land Laws in Sabah is one of the most liberal in Malaysia. The Group has properties of over 400 acres which
has huge potential for tourism.
East of Kinabalu to the North of Kalimantan is mineral rich, unexplored and unexploited. Some of the Group’s
properties, presently under palm oil cultivation are sitting on mineral rich zones. The Group have access to
approximately over 600 acres under this category including limestone deposits.

All the core businesses of the Group have great potentials and almost all of them require very long term outlook,
planning and capital. We hope that we will not, dear Shareholders, disappoint you, and in return we will continue
to appreciate your support, understanding and encouragements.

Posted by Vilhelm Lim > 2017-08-02 14:50 | Report Abuse

thanks for your information ~~

bruce551133

3,339 posts

Posted by bruce551133 > 2017-08-02 15:19 | Report Abuse

vilhelm lim, actually above comment i copy and paste from annual report 2017, u can download from klse to read further... :-D up up up...bornoil... :-D :-D :-D

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