BORNEO OIL BHD

KLSE (MYR): BORNOIL (7036)

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Last Price

0.01

Today's Change

0.00 (0.00%)

Day's Change

0.005 - 0.01

Trading Volume

4,868,700


33 people like this.

30,052 comment(s). Last comment by BE_GREEEEEDY 1 day ago

HowDareYou

1,274 posts

Posted by HowDareYou > 2022-02-21 11:00 | Report Abuse

1 year oledi, dig out many shix is it, so the price goes lower and lower

Sales

3,194 posts

Posted by Sales > 2022-02-21 16:47 | Report Abuse

0.005sen stock. Go to palm, you will be very happy.

SincereStock

2,008 posts

Posted by SincereStock > 2022-02-21 17:07 | Report Abuse

palm = chase high, go chase if that make you happy

lehubeng

1,079 posts

Posted by lehubeng > 2022-02-22 07:41 | Report Abuse

gold 1908.... buy buy.....

Donator

967 posts

Posted by Donator > 2022-02-22 09:41 | Report Abuse

bornoil dont have gold la....

TheContrarian

8,715 posts

Posted by TheContrarian > 2022-02-22 10:12 | Report Abuse

Borneo Oil has gold mine.

Sales

3,194 posts

Posted by Sales > 2022-02-22 12:02 | Report Abuse

If got gold mine, the price should be more than 0.03sen.???

Sales

3,194 posts

Posted by Sales > 2022-02-22 12:04 | Report Abuse

Sincerestock, why you keep posting same thing?
If Bornoil is good, no need to worry.

MZM2511

4,437 posts

Posted by MZM2511 > 2022-02-22 13:41 | Report Abuse

@Sales...

Bornoil (7036) Has More Lucrative Gold Mining Lease

https://klse.i3investor.com/blogs/MZM251/2021-05-18-story-h1565118941-Bornoil_7036_Has_More_Lucrative_Gold_Mining_Lease.jsp

TheContrarian

8,715 posts

Posted by TheContrarian > 2022-02-22 13:42 | Report Abuse

Small gold mine, share capital base too large.

MZM2511

4,437 posts

Posted by MZM2511 > 2022-02-22 13:48 | Report Abuse

BORNEO OIL BERHAD ("BOB” OR THE “COMPANY")
APPROVAL OF NEW MINING LEASE OF 175.04 HECTARES IN SUNGAI CHARAH,
MUKIM KERATONG, DAERAH ROMPIN

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3155565

MZM2511

4,437 posts

Posted by MZM2511 > 2022-02-22 13:52 | Report Abuse

TheContrarian Small gold mine, share capital base too large.
---------------

The issue is whether they have been fully operated to mine the gold out ???

singkalin

457 posts

Posted by singkalin > 2022-02-22 15:49 | Report Abuse

The directors more keen on mining money than gold.
That`s why the only activities is ESOS and PP.

sunsetbiz

739 posts

Posted by sunsetbiz > 2022-02-22 16:06 | Report Abuse

no gold mining la this company ......esos ,PP mining is the fastest way here.....still have ppl believing the story in this century meh

OKU_2020

4,727 posts

Posted by OKU_2020 > 2022-02-22 16:26 | Report Abuse

getting worst,,,,2 sen liao anytime
confirmed IMPOTENT

OKU_2020

4,727 posts

Posted by OKU_2020 > 2022-02-22 17:03 |

Post removed.Why?

Cojack31

1,673 posts

Posted by Cojack31 > 2022-02-22 17:04 | Report Abuse

Telling b4. Esos more make money compare to real business. All shareholder/ director too old already. .

lehubeng

1,079 posts

Posted by lehubeng > 2022-02-22 18:11 | Report Abuse

retailers all send to HOLLAND....

SincereStock

2,008 posts

Posted by SincereStock > 2022-02-22 19:08 | Report Abuse

@sales because this is the only truth here. no need to say other things

SincereStock

2,008 posts

Posted by SincereStock > 2022-02-22 19:11 | Report Abuse

investors need to stay positive, if you no longer like this counter just stay out, no need say negative thing

SincereStock

2,008 posts

Posted by SincereStock > 2022-02-22 19:13 | Report Abuse

those of you who afraid I repeat the same thing because this is the only truth and you guys don't want me to repeat this so you guys can repeat say the negative things without getting exposed

OKU_2020

4,727 posts

Posted by OKU_2020 > 2022-02-22 19:53 | Report Abuse

lehubeng retailers all send to HOLLAND....
22/02/2022 6:11 PM
---------
Teng Q for the Spicy reminder
#BePreparedForTheWorst

MZM2511

4,437 posts

Posted by MZM2511 > 2022-02-22 20:14 | Report Abuse

Past records of quarterly reports:

https://klse.i3investor.com/servlets/stk/fin/7036.jsp

MZM2511

4,437 posts

Posted by MZM2511 > 2022-02-22 21:50 | Report Abuse

The issue is whether they have been fully operated to mine the gold out ???

--------------

From 1QR 2022

On 25 January 2021, the Company proposed to undertake a Proposed Subscription of up
to 1,205,827,550 new ordinary shares, representing approximately 20% of its existing
total number of issued shares. As at the date of this report, a total of sixty-three (63)
tranches comprising 1,007,000,000 Bornoil Shares had been issued pursuant to the
Proposed Subscription. The total proceeds raised to date is approximately RM31.36
million.

The status of the utilisation of the Proposed Subscription proceeds as at the date of this
announcement is as follows:

2 Gold exploration works at Hutan Simpan Bukit Ibam, Mukim Keratong, Pahang ("Plant")

Proposed Utilisation - RM10,000,000
Actual Utilisation - RM4,626,000
Intended Timeframe for Utilisation - Within 36 months from the receipt of placement funds

MZM2511

4,437 posts

Posted by MZM2511 > 2022-02-22 21:55 | Report Abuse

From 1QR 2022

The sources of revenue:

Head office & others RM9,000
Food and franchise operations RM9,583,000
Property investment & management RM30,000
Resources & sustainable energy RM1,443,000

Group total revenue RM11,065,000

(Note: Food and Franchise operations was the main source of revenue for the company.)

OKU_2020

4,727 posts

Posted by OKU_2020 > 2022-02-23 08:26 | Report Abuse

lehubeng@ retailers all send to HOLLAND....
22/02/2022 6:11 PM
---------
Teng Q for the Spicy reminder

#HollandBornoil

lehubeng

1,079 posts

Posted by lehubeng > 2022-02-23 17:06 | Report Abuse

closed 20% higher... Good sign... buy buy...

UncleFollower

1,111 posts

Posted by UncleFollower > 2022-02-23 17:34 | Report Abuse

VERDE RESOURCES, INC.

On May 10, 2021, the Company announced the Sale and Purchase Agreement to acquire the assets of biofraction plant and the right to use intellectual property license in Sabah, Malaysia from Borneo Energy Sdn Bhd, in consideration of issuance of 166,666,667 share of the Company's stock at $0.03 per share, valued at $5,000,000. 135,666,667 shares and 31,000,000 shares were issued on May 10, 2021 and July 1, 2021, respectively. The completion of the S&P Agreement is subject to all such acts necessary, including but not limited to due diligence exercise to ascertain the valuation of the assets of the biofraction plant and the right to use the licensed intellectual property in Sabah, Malaysia.

On October 25, 2013, we entered into an Assignment Agreement For the Assignment of Management Right in Merapoh Gold Mines in Malaysia ("Assignment Agreement") with Federal Mining Resources Limited ("FMR"), a company incorporated under the laws of the British Virgin Islands.

FMR owns 85% equity interest in CSB, a privately limited liability company incorporated in Malaysia. CSB is the Mining Contractor of the Mining Lease for Site IV-1 at the Merapoh Gold Mine under the Contract for Work with MMC Corporation Berhad, the Permit Holder of the Mining Lease.

Under the terms of the Assignment Agreement, FMR assigned its management rights of CSB's mining operation in the Mining Lease to the Company, through its wholly-owned subsidiary Gold Billion Global Limited ("GBL"), in exchange for 80,000,000 shares of the Company's common stock, which constituted 95.26% of our issued and outstanding capital stock as of and immediately after the consummation of the acquisition.

GBL was formed on February 7, 2013, by the Board of Directors of FMR to monitor the CSB operation. The acquisition of 100% of the issued and outstanding capital stock of GBL was agreed upon on October 18, 2013, and completed on October 25, 2013, subject to the approval of the Board of Directors and the audit of GBL.

On February 17, 2014, we entered into a Supplementary Agreement to the Assignment Agreement and completed a reverse acquisition of GBL pursuant to the Supplementary Agreement. As a result of the acquisition, the Company holds 100% equity interest in GBL and 85% variable interest in CSB. Our consolidated subsidiaries include GBL being our wholly-owned subsidiary and 85% of CSB being a variable interest entity (VIE) and deemed subsidiary of GBL. On April 1, 2014, GBL purchased 85% equity interest of CSB, and CSB became indirect subsidiary of the Company.

MZM2511

4,437 posts

Posted by MZM2511 > 2022-02-23 17:48 | Report Abuse

B ased on 1QR 2022 report:

Fair value gain on investment in quoted securities RM3,256,000
Gain on disposal of quoted securities RM3,294,000

(Note: Verde Resources, Inc. (VRDR) price on end of June 2021 = USD 0.072 and the price on end of September 2021 = USD 0.0744)

Verde Resources, Inc. (VRDR)
Other OTC - Other OTC Delayed Price. Currency in USD
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0.1565+0.0005 (+0.31%)
At close: February 18,2022 03:46PM EST


and:

Shareholders' Fund

Share capital RM633,583,000
Reserves RM55,190,000
Retained earnings RM90,458,000

lehubeng

1,079 posts

Posted by lehubeng > 2022-02-24 08:11 | Report Abuse

gold 1911.... buy buy....

Cojack31

1,673 posts

Posted by Cojack31 > 2022-02-24 10:04 | Report Abuse

Fly lor. Waiting what bornoil..

Cojack31

1,673 posts

Posted by Cojack31 > 2022-02-24 10:04 | Report Abuse

Fly2 higher.

lehubeng

1,079 posts

Posted by lehubeng > 2022-02-24 11:36 | Report Abuse

gold 1927.... buy buy....

Zolan2020

449 posts

Posted by Zolan2020 > 2022-02-24 14:38 | Report Abuse

no... wait gold ATH

Zolan2020

449 posts

Posted by Zolan2020 > 2022-02-24 14:38 | Report Abuse

or bornoil dont have gold

Orson Chin

2,012 posts

Posted by Orson Chin > 2022-02-24 15:17 | Report Abuse

Hello… u got gold mining …. Y u don’t move ?

SincereStock

2,008 posts

Posted by SincereStock > 2022-02-24 15:26 | Report Abuse

@Orson Chin this counter main business is F&B ok?

Orson Chin

2,012 posts

Posted by Orson Chin > 2022-02-24 15:35 | Report Abuse

F&b ? U r new in here is it ?

Orson Chin

2,012 posts

Posted by Orson Chin > 2022-02-24 15:36 | Report Abuse

F&b Jz a small business for him only

SincereStock

2,008 posts

Posted by SincereStock > 2022-02-24 15:41 | Report Abuse

@Orson Chin read the QR, bornoil main business is F&B Sugar Bun, although is it currently making losses due to covid. They are mainly focusing on improving there franchise business to generate future profits

lehubeng

1,079 posts

Posted by lehubeng > 2022-02-24 16:09 | Report Abuse

gold 1942..... buy buy......

Orson Chin

2,012 posts

Posted by Orson Chin > 2022-02-24 17:13 | Report Abuse

Hahaha………… hahahahhahaha…..

lehubeng

1,079 posts

Posted by lehubeng > 2022-02-24 18:13 | Report Abuse

gold 1856... buy buy....

Cojack31

1,673 posts

Posted by Cojack31 > 2022-02-24 20:39 | Report Abuse

Fly lor ..waiting what. Wake up wake up ambrose..

Cojack31

1,673 posts

Posted by Cojack31 > 2022-02-24 20:39 | Report Abuse

Waiting 10cts...

MrsLee

977 posts

Posted by MrsLee > 2022-02-24 20:41 | Report Abuse

.....

651158

2,378 posts

Posted by 651158 > 2022-02-24 20:44 | Report Abuse

Now is waiting RM 1.00

lehubeng

1,079 posts

Posted by lehubeng > 2022-02-25 07:56 | Report Abuse

gold plunges..... rm1 hope vanishes.....

lehubeng

1,079 posts

Posted by lehubeng > 2022-02-25 07:56 | Report Abuse

nvm.... sell at 0.5.... hehehe....

OKU_2020

4,727 posts

Posted by OKU_2020 > 2022-02-25 09:20 |

Post removed.Why?

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