Posted by bruce551133 > 2017-09-12 23:23 | Report Abuse

who expect the price to drop further need go pasar buy "tai tao choi" eat... :-D up up up...bornoil... :-D :-D :-D

Posted by HowAh > 2017-09-12 23:28 | Report Abuse

Y eat that Bruce?

Posted by chan9301 > 2017-09-13 01:45 | Report Abuse

Quote: " In total the Gold related investment and inventory is worth a total sum of MYR 441,413,280.00"..unquote ....most part of it could be Shareholders fund. PER , ROR are prefer.

Posted by chan9301 > 2017-09-13 02:03 | Report Abuse

What about the other side of the Equation. Bornoil Total Liabilities?

Posted by bruce551133 > 2017-09-13 09:57 | Report Abuse

Howah, that "tai tao choi" is kinds of vegetable, in Cantonese word, u eat more can have more sweet dream... :-D up up up...bornoil... :-D :-D :-D

Posted by Hardminer > 2017-09-13 09:57 | Report Abuse

chan9301, can u share with me the reasons on why u invested into Bornoil?

Posted by CyberLYW > 2017-09-13 10:07 | Report Abuse

Early morning drop -0.005 haiz..... dont know want to buy now or keep waiting, any comment...? now 0.095 (year range 0.095 - 0.190) i think is time to buy now.?

Posted by Hardminer > 2017-09-13 10:17 | Report Abuse

Its borrowings are very low at MYR 773,000 only and its shareholders fund/equity stood at MYR 626,771,000 while its total liabilities at MYR 231,887,000.

231,887,000 / 626,771,000 = 0.37 (Debt-to-Equity ratio)

As seen from the ratio above which stood at 37%, it's not abnormal or over leveraged since most of Bornoil's businesses are generating positive cashflows. How many Malaysians have even maxed out their Debt service ratio over 80% by taking up home loans investing into multiple properties? That is even more dangerous which far exceeds BNM's guideline and threshold of 60%.

Posted by Hardminer > 2017-09-13 11:06 | Report Abuse

Borneo Oil reaps benefits of mining ops
https://ibb.co/cnScMv (cover)
https://ibb.co/kqr41v (page 1)
https://ibb.co/cgjrgv (page 2)

Posted by Tai KT > 2017-09-13 12:05 | Report Abuse

Haha

Posted by HowAh > 2017-09-13 12:49 | Report Abuse

Bruce & woodswater. Thanks for the tip! I'll be sure to wallop more of that! :)

Posted by Hardminer > 2017-09-13 14:47 | Report Abuse

I hope more people will share & contribute useful info instead of talking blank here everyday.

Posted by kayce > 2017-09-13 14:51 | Report Abuse

Hardminer, any idea what is the progress of the cement factory? The FocusM reported that it would be set up propably by December next year. Normally it takes long time to set up a project like this.

Posted by bruce551133 > 2017-09-13 15:30 | Report Abuse

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

Posted by Hardminer > 2017-09-13 15:55 | Report Abuse

kayce, from contruction to fully commissioning of an integrated cement plant, it would take 18 months typically. This estimated duration figure is based on a real case scenario as published by CMSB regarding its own first integrated cement plant in Sarawak fully commissioned in earlier 2016. You can read a bit more here http://www.cmsb.com.my/official-launch-of-east-malaysias-first-integrated-cement-plant/

"Construction began in July 2014, production ramp up commenced in December 2015 and it was fully commissioned earlier this year."

However, the time frame for Bornoil's own integrated cement plant will still depends on the scale of the plant & various factors but the bottom line for a feasible economically of such project would be well under 2 years.

Posted by NoviceInvestor > 2017-09-13 15:58 | Report Abuse

Thanks Hardminer for the good information, instead of chanting ga yao and up up up everyday

Posted by kayce > 2017-09-13 16:57 | Report Abuse

Thanks Hardminer for infor.

Posted by bruce551133 > 2017-09-13 17:52 | Report Abuse

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

Posted by chan9301 > 2017-09-13 18:16 | Report Abuse

Thank you, Hardminer appreciate some of the good points , hope it will work out well .

Posted by Ricky Lim Wei Yan > 2017-09-13 19:47 | Report Abuse

just now i go through bornoil's chart and trading history,something is brewing,only waiting is to a big rise in future 3 weeks

Posted by HowAh > 2017-09-13 22:33 | Report Abuse

Ga yau! Ga yau! Bornoil up up and away! Kakakaka

Posted by fujiapple > 2017-09-13 23:00 | Report Abuse

QR may out end of this month, let see investors here become gold or GO

Posted by bruce551133 > 2017-09-13 23:13 | Report Abuse

hahaha...howah, why u suddenly against, then suddenly support bornoil? :-D make me confused... :-D up up up...bornoil... :-D :-D :-D

Posted by bruce551133 > 2017-09-13 23:14 | Report Abuse

this QR price sure go up as high as fuji mountain... :-D up up up...bornoil... :-D :-D :-D

Posted by Crazy11223 > 2017-09-13 23:45 | Report Abuse

Ok

Posted by bruce551133 > 2017-09-14 09:09 | Report Abuse

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

Posted by Patrick Keong > 2017-09-14 10:31 | Report Abuse

This counter lost money la....Belum rugi belum tahu.....The Boss don't care already..... Give to his son ga yau ! ga yau ! to handle... Main main pasir sahaja.......

Posted by bruce551133 > 2017-09-14 14:11 | Report Abuse

ada pasir main lebih baik dari main angin... :-D up up up...bornoil... :-D :-D :-D

Posted by Roly > 2017-09-14 14:29 | Report Abuse

This counter relex another counter make money sleepingj

Posted by CyberLYW > 2017-09-14 14:32 | Report Abuse

@Roly which counter make money :-)

Posted by Hardminer > 2017-09-14 16:14 | Report Abuse

After Tomei and Pohkong, next will be Bornoil a direct beneficiary of the Gold surge.

Posted by bruce551133 > 2017-09-14 17:18 | Report Abuse

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

Posted by Iloveshare > 2017-09-14 22:52 | Report Abuse

Gold uptrend again, bornoil now yr turn

Posted by Hardminer > 2017-09-15 09:18 | Report Abuse

Brewing up slowly~

Posted by Hardminer > 2017-09-15 09:19 | Report Abuse

Today may be Bornoil's turn

Posted by jontfj > 2017-09-15 09:20 | Report Abuse

wow, all 0.100 sapu !!

Posted by bone > 2017-09-15 09:21 | Report Abuse

ok, hopefully this time don't halfway another bunch of 0.100 sell queue appea back

Posted by bruce551133 > 2017-09-15 09:21 | Report Abuse

Wahhh...that day who say pohkong mari, next bornoil mari...so accurate... :-D up up up...bornoil... :-D :-D :-D

Posted by supergreat > 2017-09-15 09:26 | Report Abuse

still do gold mining ?

Posted by Hardminer > 2017-09-15 09:27 | Report Abuse

Both Pohkong & Tomei done very well. Both of them are easier since the floating shares are way limited compared to Bornoil which has 4.5 billion floating shares that needs more time to be chewed and push up.

Posted by bruce551133 > 2017-09-15 09:36 | Report Abuse

Ohh...noted...up up up...bornoil... :-D :-D :-D

Posted by Hardminer > 2017-09-15 09:57 | Report Abuse

supergreat, the company's limestone division started to contribute revenues already in the previous quarter Q1FY17 in the form of receivable royalties amounting to RM 450,000. The Fast food franchise division still delivered a satisfactory 5.74% net profit margins resulting in RM 607,000 of net profit. I took notice that they have increased a few more pezzo registered franchise outlets after the previous quarter which you can count on their pezzo website.

Bornoil's mining division remains the best performing division with a 79.65% net profit margin in the latest quarter. The main reason for the skyrocketing profit margin within the division as recorded is due to the absence of "XAU Gold spot contract trading transactions" being recognized as revenues but instead measured as fair value through profit & loss in accordance with MFRS 139.

Posted by Zz7687 > 2017-09-15 10:08 | Report Abuse

Well, like it or not, 0.1 is back ... again!!

Posted by bone > 2017-09-15 10:13 | Report Abuse

hahaha, a big block of 0.1 sell queue is back...

Posted by bone > 2017-09-15 10:14 | Report Abuse

would love to hear from hardminer, what do you think a bout this pattern of blocks and block of unclear 0.1?

Posted by bruce551133 > 2017-09-15 10:15 | Report Abuse

be patience...up up up..bornoil... :-D :-D :-D

Posted by Hardminer > 2017-09-15 10:16 | Report Abuse

bone, as long you're not gambling. Invest based on fundamentals proved to be more profitable since the stock is undervalued based on its resourceful assets and moat factors.

Posted by MLNG > 2017-09-15 10:25 | Report Abuse

bornoil..stock is undervalued holding power

Posted by bone > 2017-09-15 10:28 | Report Abuse

since we are talking that Gold is the main catalyst that should drive the price up, but interestingly nothing can move the share price beyond 0.1, it can't even stand on 0.105, so just curious what is happening

Posted by Hardminer > 2017-09-15 10:37 | Report Abuse

Awaiting the Q2 announcement in the next 1 or 2 weeks time. I believe its XAU Gold spot trading segment is making a lot more profit to be reported soon since the Gold spot price has risen to the recent high of USD 1357.50 on 08-Sept-2017.

In the 3 months yet to conclude on the XAU trade profitability, Bornoil's XAU gold spot trade inventory has the following ascending cumulative number of contracts.

Apr 2017: 45,600 oz

May 2017: 56,600 oz
Jun 2017: 66,000 oz
Jul 2017: 78,000 oz

78,000 - 45,600 = 32,400 oz of XAU contracts increased at the end of the July 2017.

From the May to July 2017 period, the XAU spot price recorded the lowest and highest prices of 1205.02 and 1296.06 respectively. Today's XAU spot price stood at USD 1331 at the moment of writing. Either this upcoming Q2 or both Q2 & Q3 would record higher profits just from trading of the XAU gold spot contracts. So we will see if that is the case.