Like someone commented earlier. Opportunities and businesses hunger rich China, if only they shown interest in Bornoil and do a take over exercise!! Likely, the Gold reserves Potentials at Bornoil gold fields HAVE attracted VICTORY CAPITAL, like wise will do to China investors. 好 好 好.....
Gold price is approaching $1,400 ... may break $1,400 before end of this month ... Gold price could break $1,500 before end of this year ... hopefully ... cheers ...
Hahaha, share opening with 6 sen go almost 400% to break 20sen, now even wishing again till wanna it to limit up. Chasing high until ignore logical thinking, how about suddently "limit down" ? How many ppl die in china company stocks? Every investor need not to jealous ppl earn money even in whatever stocks, goreng stocks, penny stocks, blue chips or whatever, but please dont go elsewhere to spread ur stupid comments to misleading newbie to lose their hard earn money or even their life. No wonder so many ppl will consequently end up standing on the top of building. U can earn 9 times, but 1 time losing may end up everything. Just come back to say hi to my friends here, happy to see gold price recently even break 1300 usd. My comments and advice always the same, daily movement wont be reflected in share price, even gold price up 50USD in one day, bornoil mostly wont move even half sen, these is my previous experience and comments, remain the same now, long term investors here know very well bornoil movement. BUT, consequently and eventually gold price will affected QR and pump the share price to new high level when the "right time" come. Every stock like this lah, if u dont know or not believe, go and watch more movie related with share market, u will know how the company push up the price. I just come back to say hi becox of 1350 usd, and see some funny comments above, like gold price need to stand few months, gold price up bornoil not up no use? Or looking for short term profit, company sell it to take profit, if not still the same. If this so, i wont keep bornoil loh, recession come also no use loh, what we call revenue, what we call asset? Ok lah, no more comments, will come back once a while only. Now, very obvios, just the same case like last year when bornoil break down 0.150 then up to 0.190. Try to follow Bruce very possitive enegy and attitude, sometime thinking more or what woodswater say so, i also believe dont surprised if u got a chance to get at 0.095, if that so, the chance may appear in a glance only, who are panic will sell off, who are luckly will get it. But like woodswater say so, this is QR month, if u waiting for 0.095, it may happent, but it may not, if not, u may miss the boat to top up or buy in at 0.100 ( dont believe me, after bornoil sour and roket up, 0.100 may the lowest price u can get in history for coming 10 years or forever, hahaha) See if QR2 or QR3 bring us good news or good movement or not. Just my personal opinion and comments, invest at ur own risk, believe only to urself. All the best ya, Bonus_2017 always stay together with bornoil till it roket up, hahaha, Up Up Up, bornoil!
Hey no filings since July.... What's wrong ah? Company no buy substantial shareholders no buy directors no buy.... Alamak..... Hope no mati .... Or is it mati d ....
Why buy Gold bars when u can own part of a company that owns & operates 3 profitable gold mines? That is the physical Gold as the end products from its own mining operations. Besides that, it has RM 46 millions cash and also highly liquid Gold spot contracts (78,000 oz) on hand waiting to be sold/traded that are worth more than RM 400 millions based on USD 1326 per ounce gold spot price. The XAU gold spot price has been climbing non stop since July 2017. The company trades Gold spot contracts actively and that generates very lucrative profits aside from mining for physical Gold from its own mines. As shareholder of Bornoil, you're indirectly trading XAU Gold spot contracts but with the safety margin where the XAU trades are being managed by professionals and more importantly your risks are being hedged against with the diverse businesses of the group. From these, u can know Bornoil has very high liquidity where both the Gold bars and XAU contracts can be converted to cash easily or almost instantly. The company is well supported both morally & financially by its cornerstone investor which happens to be Hapseng's own tycoon Tan Sri Lau Cho Kun the sixth richest man in Malaysia based on Forbes list. You can verify it by checking their buying transactions in Bursa. Many here do not understand why they are buying into Bornoil. Pity.
This stock is deeply undervalued whereby its stock price RM 0.10 is half the value of its NTA at 0.20 in total while its PER stood at 10.6 currently. I haven't even touched on the in-depth discussions of the many land properties that it owns whereby many are not revalued since many years ago. Bornoil has 67 land titles of properties that are mostly mining/quarry/tourism oriented. The latest Annual Report 2017 has revealed that the company recorded an investment properties "revaluation gain" for a sum of RM 52,700,319 and there is no doubt that Bornoil has vast potentials banking onto the rarity of the valuable assets that it holds in which many are due to be revalued easily fit for asset valuation gains going forward.
Apart from the already profitable Gold mining business in west Malaysia, the most anticipated new income stream will be the setting up of an integrated cement production plant to be based in the east coast of Sabah where its newly acquired limestone quarry land is located. This will be the next main catalyst since there is no clinker/cement plant in Sabah. Currently there is only one plant in Sabah located in the west coast that only "grinds" clinker which is a by-product of limestone mining operation. So Bornoil still can even supply the basic raw materials in making cement from its quarry to the west coast clinker grinder plant "Cement Industries Sabah (CIS)" to continue producing cement.
faralenz77, please take a good look at the snapshot of the monthly technical chart here https://ibb.co/ktVMeF Bornoil's long term trend is actually on an upward trajectory.
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....
Lim Ewehuat
47 posts
Posted by Lim Ewehuat > 2017-09-07 23:20 | Report Abuse
If trend continue, 1,400.00 is coming.......................