It is a fact that Bornoil's business is just too small and do not generate much income with its huge issued shares. Not the target of investment by fund managers and smart investors.
wan, current price is within my expectation, i know short-term we won't see any movement, so keep hold, be patience...up up up...bornoil... :-D :-D :-D
almost sell my born oil share today, but i read back its annual report, then i decided to keep...... "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." By Mr. Tan Kok Chor Chairman Of Borneo Oil Berhad
Bruce, I decide to stay and support at this forum, but make myself a low profile, monitor once awhile and comments once awhile. I agree with ryan8814, that is why what I done today, I buy 80 lots at 0.100, consider to add some wc at 0.045 but I didn't go for it, cox I think is enough for me so far. Long term, don't underestimate bornoil, Victoria can top up time by time, maybe I can be the stupid one, but not them. All the best, I will keep my bornoil, good time just wait for it to show a very positive future prospects and building a strong fundamental, need time, but it is on the way making. If recession hit global market, we know what will happens, gold play the game. So, I have double backup, as long as we not looking for short term, everything is looking great so far, for me it is. That is all I can comment so far, will be back once awhile to support each other, tq
Could gold finally have a purpose? New research says it could help in the fight against cancer Researchers at the University of Edinburgh found the precious metal could be used to increase the effectiveness of other drugs prescribed to treat lung cancer cells. While the medical study involved zebrafish, the team of researchers said they were hopeful a similar technique could be applied to develop human treatments.
Bad things have been happened( look at economy around us and around world) . Worse is happening now since so many retail bussines , factory shut up these days . Around our corner is Worst coming the way , only it can save u , it's Bornoil !
How is physical gold extracted by Bornoil traded internationally? Example Bornoil takes physical to sell them to a "gold trader"? We can buy or sell paper Gold via some commercial banks. Just wondering??
Be realistic. The world economy is performing well including Malaysia. Many well managed Malaysian companies are doing well. There wont be recession or war whatsoever. The world is peaceful and prosperous. The hope for war or recession so that gold price and Bornoil share price will go up is almost impossible.
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....
faralenz77
1,045 posts
Posted by faralenz77 > 2017-08-02 16:52 | Report Abuse
It is a fact that Bornoil's business is just too small and do not generate much income with its huge issued shares. Not the target of investment by fund managers and smart investors.