At the moment, the most worthy to watch is the XAUUSD spot price since Bornoil has in excess of 78,000 oz of gold spot contracts in its inventory. It has been adding up many ounces of spot contracts continuously since Feb this year. I'm expecting more XAU contracts to be added to its inventory moving forward.
Take a look at the chronological events of NK missile tests where NK's last failed missile test was in October 19, 2016. Then they succeeded their first medium-range ballistic missile on February 11, 2017. So to match these real events to what Bornoil's own gold spot trading division team is doing, Bornoil has floated almost all of its real gold holdings into XAU gold spot contracts to take advantage of the surging gold spot price and ease of trades.
Bornoil started to float almost all of its real gold inventory into XAU gold spot contracts starting from February 2017: https://ibb.co/e6Pi3k
NK succeeded in launching its first medium-range ballistic missile on 11-Feb-2017: https://ibb.co/ebv1pQ
Gold trading is high risk. Though currently gold is enjoying a mild bull run. US Interest hikes are also in the horizon. If i remember correctly Bornoil did report some spot gold losses in their previous QR. Alas, no risk no gain. Trading volumes increased slightly today to app. 9M. However, app. 27M shares at 10 sen in the seller Qs. Cheers
Nothing comes with no risk. The most important is how u manage your investment & trades. None of all the contracts are being bought all in one go. Invest and not gamble.
Current XAUUSD hovering around 1,300 level is deemed to be very attractive and the market expect it to enter a resurgent momentum soon so many gold traders are bullish on this.
how much you bought? 2 years ain't long.. i hold masteel for more than 3 years since july 2015.. last week i sold masteel and lock much profits.. ka ka ka. patience will gives you sweet rewards..
Hardminer, u have very good analysis. Keep up d good work! Btw there is heavy buying volume at 11:51am just now. What happen? Hardminer, are u the one buying?
Who suka to buy expensive ?Boss punya cash sangat kao, they suka to eat low, seems like if they suka, someone will give them makan, just follow the boss style......
Hi all, no worries. My main intention is to share out better information on Bornoil and not urging anyone to buy its shares. I took the efforts to share it out because I saw its share price is deeply undervalued against its NTA and it's having deeply rooted intrinsic values & assets yet to be revalued and uncovered.
A mixture of these businesses is still somehow note worthy:
1) Fast food franchises (Sugarbun, Pezzo Pizza, Borneo Asian Food, Aunty Franklee, Tong Meng) 2) Mining operations of limestone (marbles, limestone related products + integrated cement plant to-be set up), physical gold mining & trading of xau gold spot contracts. 3) Tourism yet to contribute but holds lots of tourism coastal & mountainous lands.
Initially, I find it to be interesting to discuss about its XAU gold spot trading business because it has 78,000 ounces of XAU spot contracts which is valued at USD 101,000,000 equivalent to RM 424,866,000 currently. Its market cap right now is already at RM 455,7025,892 @ 0.10 share price. Simple math and that's just one division of the group of companies.
I've noted another interesting thing which might reveal what's the company has plans in the pipeline in the near future is that it might establish LDMA tourism venture. What is LDMA? Here http://www.goldprospectors.org/Store/LDMA-Membership
After Bornoil floated most of its physical gold inventories into XAU gold spot contracts earlier this Feb, it still has 1,200 ounces of physical gold in its LDMA Gold 999.9 inventory.
Same contra player still trying to scare you off when hibiscus share was 0.41 thus was just two weeks ago..they never learn..who win is the one who kept his share till today and till hibiscus share reach its real value tp1.06 to 1.44.
Hi woodswater, I believe that it doesn't matter where I'm from. The more important point to note is the origin of the shared information whether it's sincere, accurate and backed by evidence. Even any speculations should be backed with reliable evidence and references. I'm confident that no one should feel regret buying Bornoil at current low price and it easily gives u in excess of 30% returns within short duration not far from now.
Thanks for ur reply. Hmmm, should I buy the mother or should I buy the warranty? Some of my friends told me, I will/should earn more if I buy warranty... but I have no idea at this moment..
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....
djibaok
1,184 posts
Posted by djibaok > 2017-09-20 12:32 | Report Abuse
every qtr oso untong stock price go up like siput sedottttt