Do not sell all KRETAM shares because many of its plantation lands sit along the roadside and where the alignment of the Pan Borneo Highway eastern part of Sabah. More land acquisitions and plans are underway for those lands. Bornoil WILL be using a lot of biomass from HSPLANT and KRETAM....I could not reveal too much just yet. Neuwook doesn't need retailers to buy to make money....neuwook is only interested to buy as cheap as possible....wakakaka
Thanks neuwook. Start to see where this is going but my guess there is possibility datuk lim could reemerge into bornoil after receive so much cash from selling his kretam stakes.
Bonuschew, that's always a possibility so we'll see. At the meantime, there will be some good announcement in the pipeline for bornoil. Do hold ur bornoil shares before it strikes within this year anytime.....wakakakaka
Lol! Dog year really huat for Bornoil loh....!! Sold all GOLD holdings really cantekk loh...!! Window dressing for the soon to be released Q4 result loh...!! Many supporters re-appearing active is good sentiment loh....!! Neuwook been quietly "telan" syiok already mah....doggie chan9301 can dig big cave for hideout or live in it....wakakakaka
By selling all of their GOLD holdings, Bornoil will hold plenty of cash now. Coincidentally, Bornoil's director had expressed their intent to distribute cash dividend last year, so I think we may also be getting some angpau soon.
Now company is flushed with cash, can do a lot of shares buyback if it intends to anytime. I believe Bornoil needs to use the cash to expedite the catalysts this year.
MD had mentioned last year that until the catalyst projects are good to proceed, it will need to rely on trading gold. So now since it disposed that massive amount of gold holdings, it's a sign that the company is near to proceed with the major projects especially the CEMENT PLANT as mentioned a while ago. This is also supported with the additional quarry limestone lands being purchased just a week ago.
@khai168, thx for the info. Really need to cut the cost. I saw the annual report. After deduct the cost + expenses, left only 107 per gm. https://ibb.co/dQh1qx
Dumb dumb buy also win.....the disposal of all gold holdings in January has told u big cash surplus sitting in the balance sheet...while some are still reading their investment books just like doggie chan9301, many have snapped up bornoil shares while waiting steady.....wakakaka
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....
neuwook
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Posted by neuwook > 2018-02-23 08:46 | Report Abuse
Do not sell all KRETAM shares because many of its plantation lands sit along the roadside and where the alignment of the Pan Borneo Highway eastern part of Sabah. More land acquisitions and plans are underway for those lands. Bornoil WILL be using a lot of biomass from HSPLANT and KRETAM....I could not reveal too much just yet. Neuwook doesn't need retailers to buy to make money....neuwook is only interested to buy as cheap as possible....wakakaka