BORNEO OIL BHD

KLSE (MYR): BORNOIL (7036)

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Last Price

0.01

Today's Change

+0.005 (100.00%)

Day's Change

0.005 - 0.01

Trading Volume

312,400


34 people like this.

30,251 comment(s). Last comment by FORESTRAIN 1 week ago

OKU_2020

4,847 posts

Posted by OKU_2020 > 2022-04-01 15:47 | Report Abuse

No hope liao

UncleFollower

1,657 posts

Posted by UncleFollower > 2022-04-01 17:32 | Report Abuse

Raymond Teo did not deliver after all these years...finally being shown the door by Joseph Ambrose. Ganesh and Georgia taking over fastfood biz. Exciting times ahead

OKU_2020

4,847 posts

Posted by OKU_2020 > 2022-04-03 12:37 | Report Abuse

consolidation
20 : 1

OKU_2020

4,847 posts

Posted by OKU_2020 > 2022-04-05 05:38 | Report Abuse

2 sen

OKU_2020

4,847 posts

Posted by OKU_2020 > 2022-04-05 10:24 | Report Abuse

beyond repair liao this Gone-Oil

Sales

3,268 posts

Posted by Sales > 2022-04-05 11:29 | Report Abuse

Let it be! Let it be! Go to palm first.

SincereStock

2,358 posts

Posted by SincereStock > 2022-04-05 17:16 | Report Abuse

PALM = CHASE HIGH

OKU_2020

4,847 posts

Posted by OKU_2020 > 2022-04-06 18:39 | Report Abuse

So lembiq this Gone Oil ....Gone Case !
2 sen anytime

Posted by FarmbesFlyer > 2022-04-07 21:18 | Report Abuse

Finally bornoil owned 20% cement plant. Tomorrow fly... Buy

651158

2,400 posts

Posted by 651158 > 2022-04-07 21:24 | Report Abuse

To small amount

Orson Chin

2,069 posts

Posted by Orson Chin > 2022-04-07 21:49 | Report Abuse

boss dont want push... gold mining dont want dig....

MZM2511

4,543 posts

Posted by MZM2511 > 2022-04-07 21:53 | Report Abuse

b. There are 12 integrated clinker and cement plants in Malaysia (9 in West Malaysia and 2 in Sarawak. In contrast, there is none in Sabah;
c. The COVID closures in 2020 and 2021 have created an unprecedented urgency for Sabah to become more self-reliant in various sectors of economic importance, including food and construction materials. Cement is one such commodity that is essential to development. The State of Sabah can no longer afford to rely on 100% imported clinker and cement. Therefore, the emergence of the ILPP in Sabah is timely;
d. The State of Sabah has an annual demand of between 1.2 million to 1.4 million metric tons of cement per year. This does not include the future development projects planned on the East Coast of Sabah, and the demand in the BIMP-EAGA region with close proximity to the East Coast of Sabah;

MZM2511

4,543 posts

Posted by MZM2511 > 2022-04-07 22:07 | Report Abuse

c. The ILPP is situated adjacent to the limestone quarry lands own by BOB Group of companies. MTSB has entered into a long-term supply contract for limestone with BOB’s subsidiaries (SBR and Borneo Oil & Gas Corporation Sdn Bhd ("BOG") on the current stockpile and overburden waste from existing quarrying operations to supplement the ILPP's initial limestone feedstock requirements. This supply of current stockpile and recovery waste for down streaming activity is also in line with BOB Group’s initiative towards zero waste and reusing/upcycling all materials. This synergistic alliance will enable MTSB and BOB to pool their combined limestone resources and position BOB Group for future expansion; and
d. The acquisition presents an opportunity for the BOB Group to move downstream its quarrying resources to boost the profits further. There is synergy between the BOB Group's existing limestone quarrying business operations and MTSB's clinker and cement plant.

MZM2511

4,543 posts

Posted by MZM2511 > 2022-04-07 22:18 | Report Abuse

Orson Chin
..boss dont want push... gold mining dont want dig....
----------

Gold exploration works at Hutan Simpan Bukit Ibam, Mukim Keratong, Pahang ("Plant") - Proposed Utilisation RM1 0,000,000, Actual Utilisation RM6 ,997,000 and Intended Timeframe for Utilisation is within 36 months from the receipt of placement funds (from the subscription of up to 1,205,827,550 new ordinary shares by McQuarie Bank)

I BELIEVE:

The reality is, Bornoil fundamentally should be in a better position...
But, the company is still in its expansion exercises.
Needs new capital for investments... By exercising PP and ESOS

HOW LONG FOR US, THE RETAIL INVESTORS HAVE TO WAIT??????

SincereStock

2,358 posts

Posted by SincereStock > 2022-04-08 08:45 | Report Abuse

@MZM2511 be patience, just wait!! a few years should be not a problem for true investors, traders who cannot wait can just go gamble, there will be faster outcome

651158

2,400 posts

Posted by 651158 > 2022-04-08 08:52 | Report Abuse

I think today no movie to see lo

651158

2,400 posts

Posted by 651158 > 2022-04-08 10:48 | Report Abuse

No volume

UncleFollower

1,657 posts

Posted by UncleFollower > 2022-04-08 14:40 | Report Abuse

Since when Bornoil has 50.7M internally generated funds?

If they have it now, they could have moved inventories or collected outstanding sales...which is good

4.1.5 Source of Funds
The balance Purchase Consideration will be satisfied wholly in cash from internally generated funds.

UncleFollower

1,657 posts

Posted by UncleFollower > 2022-04-08 14:41 | Report Abuse

50.7M cash is 25% of their current market cap lol

lehubeng

1,142 posts

Posted by lehubeng > 2022-04-08 16:10 | Report Abuse

have sold some verde resources share at 0.25 and above? hopefully so....

SincereStock

2,358 posts

Posted by SincereStock > 2022-04-08 16:14 | Report Abuse

that why I say their current market cap is very undervalued, they got more cash than their total cap

lehubeng

1,142 posts

Posted by lehubeng > 2022-04-08 16:17 | Report Abuse

if bornoil has sold all verde resources share at 0.25 and above in January, next QR will show handsome profit....

lehubeng

1,142 posts

Posted by lehubeng > 2022-04-08 16:19 | Report Abuse

anyway, think will continue low volume and no movement before next QR out

Michael R.

4,827 posts

Posted by Michael R. > 2022-04-09 07:07 | Report Abuse

When this one go for consolidation? Profit making also wont move... Others similar like AGES profit too and down for consolidation... BCMALL profit too but extremely plunged down...

So some time good news isnt really good too.. in certain cases it was an opportunities for somebody to exit... TAYOR...

OKU_2020

4,847 posts

Posted by OKU_2020 > 2022-04-10 09:41 | Report Abuse

20 : 1 consolidation comingg

alexisvics

944 posts

Posted by alexisvics > 2022-04-10 13:47 | Report Abuse

OKU....where is the source of your info or just wanna scare away people?

SincereStock

2,358 posts

Posted by SincereStock > 2022-04-10 19:28 | Report Abuse

obviously he just want to scare people

Posted by whistlebower99 > 2022-04-11 08:53 |

Post removed.Why?

EvoDeer

331 posts

Posted by EvoDeer > 2022-04-11 09:13 | Report Abuse

⤴️⤴️⤴️⤴️⤴️⬇️⬇️⬇️⬇️

Valgrovest

1,237 posts

Posted by Valgrovest > 2022-04-11 12:47 | Report Abuse

On a more positive note, I think there are signs (e.g. larger Buy Q building up much exceeding Sell Q and volume gradually picking up) that this counter is about to break out and move higher. Maybe big players eyeing this counter.

Posted by FarmbesFlyer > 2022-04-12 01:36 | Report Abuse

Buy!!

lehubeng

1,142 posts

Posted by lehubeng > 2022-04-12 13:22 | Report Abuse

oops, one day show only...

sunsetbiz

770 posts

Posted by sunsetbiz > 2022-04-13 11:24 | Report Abuse

dunned to happy or worry.... wait them consol 0.5 not and issue lol...:)

sunsetbiz

770 posts

Posted by sunsetbiz > 2022-04-13 11:24 | Report Abuse

dunned to happy or worry.... wait them consol 0.5 not and issue lol...:)

Posted by Investor787 > 2022-04-13 15:08 | Report Abuse

Buy cheap now , sell cheaper later . Don’t hsppy

Valgrovest

1,237 posts

Posted by Valgrovest > 2022-04-13 22:47 | Report Abuse

It seems not many willing to sell at 2.5 sen anymore. Can only get at 3 sen. Turning positive. It seems this counter mahu jalan already.

Valgrovest

1,237 posts

Posted by Valgrovest > 2022-04-13 22:52 | Report Abuse

Something brewing. Maybe can expect to see some new developments/changes with the recent redesignation of Datuk Ambrose Joseph Lee from Executive Director to Managing Director on 01APR22.

Posted by ambroselee > 2022-04-14 11:26 | Report Abuse

Share consolidation...

lehubeng

1,142 posts

Posted by lehubeng > 2022-04-14 11:36 | Report Abuse

no positive movement if no gold production.... no retailers interested to buy at 0.03...

Donator

1,052 posts

Posted by Donator > 2022-04-14 12:55 | Report Abuse

If found gold, can it go to 1.00?

Posted by Harimaukecik > 2022-04-18 14:37 | Report Abuse

Gold naik pun tak guna, ini counter tak da org kasi push naik jugak

ahbah

6,225 posts

Posted by ahbah > 2022-04-18 17:50 | Report Abuse


Donator

If found gold, can it go to 1.00?

If got reali korek out gold from the ground, BO can even go to Rm10.00 !!!

U just got to go down on your knee n pray for it to happen lah !

I shall follow U from behind !

Sales

3,268 posts

Posted by Sales > 2022-04-18 22:18 | Report Abuse

Ahbah, well said!

OKU_2020

4,847 posts

Posted by OKU_2020 > 2022-04-19 05:55 | Report Abuse

20 :1 consolidation

lehubeng

1,142 posts

Posted by lehubeng > 2022-04-21 14:47 | Report Abuse

verde resources drops back to 0.09. if BO did not profit taking verde in January, now back to square one....

Zolan2020

449 posts

Posted by Zolan2020 > 2022-04-22 11:13 | Report Abuse

3 sen...

koyokui

1,941 posts

Posted by koyokui > 2022-04-25 10:15 | Report Abuse

Buy bornoil palm oil related today palm oil all up

sunsetbiz

770 posts

Posted by sunsetbiz > 2022-04-25 14:43 | Report Abuse

hahaha....not even know what biz tis company is dealing then simply buy call....:)

lehubeng

1,142 posts

Posted by lehubeng > 2022-04-25 14:51 | Report Abuse

gold drop verde drop... 0.02 soon...

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