BORNEO OIL BHD

KLSE (MYR): BORNOIL (7036)

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Last Price

0.005

Today's Change

-0.005 (50.00%)

Day's Change

0.005 - 0.01

Trading Volume

6,365,000


33 people like this.

30,052 comment(s). Last comment by BE_GREEEEEDY 22 hours ago

speakup

25,066 posts

Posted by speakup > 2023-01-06 22:48 | Report Abuse

Is this a O&G company?
Why izzit name Borneo Oil?

speakup

25,066 posts

Posted by speakup > 2023-01-09 07:26 | Report Abuse

Bornoil is gold company? Tot is O&G from their name

speakup

25,066 posts

Posted by speakup > 2023-01-09 07:27 | Report Abuse

otherwise should rename as Borneo Gold :-)

lehubeng

1,079 posts

Posted by lehubeng > 2023-01-09 19:13 | Report Abuse

still have 30% pp on the way.... share price difficult to rise....

lehubeng

1,079 posts

Posted by lehubeng > 2023-01-11 10:35 | Report Abuse

director bought at 0.02, later company share buy back at 0.025, rhen issue pp 30% at 0.015...

Posted by whistlebower99 > 2023-01-11 20:53 | Report Abuse

FOR NEWBIES

DOLPHIN is the latest high NOSH low price penny stock proposing to do shares consolidation !!!

This announcement is dated 11 January 2023.

===================
Be careful trading high NOSH low price penny stocks

Directors have power to propose shares consolidation to trim down your shareholdings by many times and raise more fund via rights issue with free warrants

Long term shareholders holding at high prices will incur huge losses due to the corporate exercises

List of penny stocks with shares consolidation :-

2023 proposal in progress - MERIDIAN, VSOLAR, DOLPHIN

2022 - YONGTAI, DIGISTA, MTRONIC, AGES, IDMENSN, KANGER, AAX, LKL, MNC, NEXGRAM, IMPIANA, FAST

BEFORE 2022 - PWORTH, PDZ, LAMBO, PASUKGB, MTOUCHE, SANICHI, VC, TRIVE, VINVEST, ICON, MLAB, NETX,.........

====================
TAYOR, don't be caught in share consolidation exercise

Posted by FarmbesFlyer > 2023-01-12 02:43 | Report Abuse

U are really an idxot! Don't use those bad losing stocks to justify your claim.
Bornoil do not lose money like hell. You should take good example like PA resources with 2 into 1 consolidation.

Buy and keep Bornoil, you will laughing all the way to the bank one day!!

Posted by whistlebower99 > 2023-01-12 09:19 | Report Abuse

If you had bought at cheap 4sen, 1 or 2 years ago, the loss is already 50%
Cheap can get cheaper when directors decide to go for share consolidation to trim the NOSH.

Posted by whistlebower99 > 2023-01-12 09:23 | Report Abuse

FOR NEWBIES

NOSH = 9,528,617,079
WC = 1,734,679,850
WD = 378,683,984

Very heavy mother and babies, problem climbing up

Be careful holding high NOSH penny stocks, many of which had undergone shares consolidation and rights issue to raise more fund for directors utilisation

===============
Continue to monitor
quarterly results
directors plan for utilisation of company funds
directors plan for more fund raising via shares issuance

=================
TAYOR, set realistic target

Posted by FarmbesFlyer > 2023-01-12 09:39 | Report Abuse

Share consolidation exercise is good for profitable company.

Buy and keep. U will laughing all the way to bank.

Cheapest gold stock in market. Once gold hit 2500 by end of 2023, 50 cents target is no problem. That why Datuk Lee keeps on accumulate this stock.

Buy at your own risk. Cheer!!

Posted by whistlebower99 > 2023-01-12 10:40 | Report Abuse

FOR NEWBIES

After share consolidation to trim down the NOSH, "smart directors" will likely continue to raise more fund via shares issuance to rights issue, PP, ESOS or for asset acquisition from "friendly parties" .

Retail shareholders will see their shareholding equity % diluted and a lower EPS, if any

NOSH at at Dec 2019 = 5,340,383,754
NOSH as at Dec 2020 = 6,741,683,754
NOSH at as Dec 2021 = 8,090,289,529
NOSH as at Dec 2022 = 9,676,617,079

===============
NOSH = 9, 676,617,079
WC = 1,734,679,850
WD = 378,683,984


===============
Continue to monitor
quarterly results
directors plan for utilisation of company funds
directors plan for more fund raising via shares issuance

================
TAYOR, set realistic target

sunsetbiz

739 posts

Posted by sunsetbiz > 2023-01-12 11:47 | Report Abuse

company need more funds for CNY......more PP n RI will come ....:)

Posted by whistlebower99 > 2023-01-12 12:10 | Report Abuse

Directors generated lots of money from shares issuance
Directors got lots of money to spend
Shareholders cut loss or holding paper losses due to dilution of shareholding equity % and fall of share price.

lehubeng

1,079 posts

Posted by lehubeng > 2023-01-12 14:53 | Report Abuse

oops... back to 0.015-0.02.... more retailers trap.... 30% pp on the way, follow by possible share consolidation. profitable company.... to directors only...

lehubeng

1,079 posts

Posted by lehubeng > 2023-01-12 14:55 | Report Abuse

directors will squeeze retaikers to maximum....

lehubeng

1,079 posts

Posted by lehubeng > 2023-01-12 15:11 | Report Abuse

yes. company need funds for cny... company sell at 0.02 now... and later acquire at 0.01 after cny with pp 30%....

Posted by shiningmoon > 2023-01-12 20:06 | Report Abuse

who is the one buying at 2c at such big quantity?

Posted by FarmbesFlyer > 2023-01-13 01:09 | Report Abuse

This stock is being Corner. Will fly anytime. Watch out!

Posted by whistlebower99 > 2023-01-13 09:32 | Report Abuse

Maybe can fly up 30 cents!!
.....but have to wait for directors to do share consolidation 25:1

willc48

712 posts

Posted by willc48 > 2023-01-13 10:18 | Report Abuse

where is Mr.

lehubeng

1,079 posts

Posted by lehubeng > 2023-01-13 12:33 | Report Abuse

operators sold and bought themselved to push out the volume, to lure retailers enter at 0.02... before lunch the queue for bornoil is 0.02 (>700000 lots), when market opened at 2:30pm, all buy queue suddenly disappeared and birnoil back to 0.015-0.02.... and retailers are trapped at 0.02 .... wait till 30% pp out at 0.01 and share consolidation, retailers may then have slim chances...

pineapple123

2,472 posts

Posted by pineapple123 > 2023-01-13 17:43 | Report Abuse

Somebody buying huge at 2c. Keep it up!

Rohizam

13 posts

Posted by Rohizam > 2023-01-13 17:52 | Report Abuse

when share convert to consolidation, anyone now about this news...

OKU_2020

4,719 posts

Posted by OKU_2020 > 2023-01-14 05:23 | Report Abuse

Bonoil 1 sen is comingg
WC to be coffin -grave yard
WD to follow

Posted by shiningmoon > 2023-01-14 13:04 | Report Abuse

lehubeng

operators sold and bought themselved to push out the volume, to lure retailers enter at 0.02... before lunch the queue for bornoil is 0.02 (>700000 lots), when market opened at 2:30pm, all buy queue suddenly disappeared and birnoil back to 0.015-0.02.... and retailers are trapped at 0.02 .... wait till 30% pp out at 0.01 and share consolidation, retailers may then have slim chances...

1 day ago

At this juncture, nobody want to buy penny stocks. Looking at the PP, I think this stock will move very soon.

Posted by shiningmoon > 2023-01-14 13:04 | Report Abuse

Also, the buyers cannot be someone of Retailers.

Posted by whistlebower99 > 2023-01-14 21:36 | Report Abuse

FOR NEWBIES

EDUSPEC & DOLPHIN are the latest high NOSH low price penny stock proposing to do shares consolidation !!!

This announcement is dated 13 January 2023.

===================
Be careful trading high NOSH low price penny stocks

Directors have power to propose shares consolidation to trim down your shareholdings by many times and raise more fund via rights issue with free warrants

Long term shareholders holding at high prices will incur huge losses due to the corporate exercises

List of penny stocks with shares consolidation :-

2023 proposal in progress - MERIDIAN, VSOLAR, DOLPHIN, EDUSPEC

2022 - YONGTAI, DIGISTA, MTRONIC, AGES, IDMENSN, KANGER, AAX, LKL, MNC, NEXGRAM, IMPIANA, FAST

BEFORE 2022 - PWORTH, PDZ, LAMBO, PASUKGB, MTOUCHE, SANICHI, VC, TRIVE, VINVEST, ICON, MLAB, NETX,.........

====================
TAYOR, don't be caught in share consolidation exercise

Posted by whistlebower99 > 2023-01-16 09:42 | Report Abuse

FOR NEWBIES

EDUSPEC directors proposed :-

(i) proposed consolidation of every 20 existing ordinary shares in Eduspec
(ii) proposed renounceable rights issue of up to 996,522,210 new Shares together with up to 498,261,105 free detachable warrants on the basis of 6 Rights Shares together with 3 free Warrants C for every 1 Consolidated Share

This announcement is dated 13 January 2023.

===============
EDUSPEC NOSH = 3,046,287,361

==============
Be care trading and holding low price penny stocks with extremely high NOSH

BORNOIL NOSH = 9,676,617,079
FINTEC NOSH = 5,922,797,474
FOCUS NOSH = 6,372,205,736
EAH NOSH = 6,451,720,230
PHB NOSH = 10,821,177,771
AT NOSH = 6,000,621,899
COMPUGT NOSH = 4,583,642,235.........

==============
TAYOR, set realistic target

lehubeng

1,079 posts

Posted by lehubeng > 2023-01-16 17:29 | Report Abuse

gold price hike, verde resources at 0.14... but seems irrelevant to bornoil, as retailers kept squeezed by endless pp and esos .... and possible consolidation.....

lehubeng

1,079 posts

Posted by lehubeng > 2023-01-16 17:30 | Report Abuse

integrity in doubt

ahbah

6,059 posts

Posted by ahbah > 2023-01-16 18:41 | Report Abuse

Gold price ... now on a SOLID UPTREND ?

OKU_2020

4,719 posts

Posted by OKU_2020 > 2023-01-16 22:06 | Report Abuse

consolidation anytime 20 to 1
Bornoil to 1 sen
WC , WD coffin

sunsetbiz

739 posts

Posted by sunsetbiz > 2023-01-17 11:04 | Report Abuse

get ready for 0.01-0.015 which anytime will happen........:)

Posted by whistlebower99 > 2023-01-17 11:17 | Report Abuse

FOR NEWBIES

List of some penny stocks with NOSH exceeding 2 BILLION shares :-

AEM = 2,163,629,262, AT = 6,000,621,899, BCMALL = 2,034,112,087,
BORNOIL = 9,676,617,079, BPURI = 2,076,941,137, COMPUGT = 4,583,642,235,
FINTEC = 5,922,797,474, FOCUS = 6,372,205,736, EAH = 6,451,720,230,
EDUSPEC = 3,046,287,361, G3 = 2,902,753,548, GOCEAN = 2,111,592,400,
JOE = 3,059,119,200, KGROUP = 3,678,171,440, MMAG = 2,422,391,577,
PHB = 10,821,177,771, TAWIN = 3,423,995,038, TWL = 3,983,289517,
VIZIONE = 2,047,680,892, VSOLAR = 4,834,933,699, XOX = 5,050,830,575,
TALAMT = 4,295,279,562, XDL = 2,116,225,664, ZENTECH = 2,425,297,326

================
Be aware that directors have the power to propose shares consolidation to reduce the NOSH and then raise more fund via rights issue as well as continue with shares issuance to PP & ESOS in near future.

================
TAYOR

lehubeng

1,079 posts

Posted by lehubeng > 2023-01-17 15:05 | Report Abuse

why sc help the company to exploit retailers?

OKU_2020

4,719 posts

Posted by OKU_2020 > 2023-01-19 09:03 | Report Abuse

Posted by sunsetbiz > 10 hours ago | Report Abuse
get ready for 0.01-0.015 which anytime will happen........:)
--------
the worst is yet to come .
Yess - mother bornoil 1 sen
WC & WD >> to graveyard @ coffin

lehubeng

1,079 posts

Posted by lehubeng > 2023-01-19 12:29 | Report Abuse

think will still maintain at 0.015-0.02 until new 30% pp approve by sc. then they will set minimum price of pp at 0.01, and manipulate share price at 0.01-0.015....

ahbah

6,059 posts

Posted by ahbah > 2023-01-19 15:12 | Report Abuse

Gold held above $1,900 an ounce on Thursday, hovering near its strongest levels in nine months on firm expectations that the US Federal Reserve will slow the pace of its interest rate hikes.

leedavid

414 posts

Posted by leedavid > 2023-01-20 07:59 | Report Abuse

target 0.035

ahbah

6,059 posts

Posted by ahbah > 2023-01-20 14:21 | Report Abuse

Gold held above $1,920 an ounce on Friday, hovering near its strongest levels in nine months on firm expectations that the US Federal Reserve will slow the pace of its interest rate hikes.

The metal is also on track to gain for the fifth straight week.

lehubeng

1,079 posts

Posted by lehubeng > 2023-01-20 16:18 | Report Abuse

gold 1935... can bornoil close at 0.02-0.025 today?

OKU_2020

4,719 posts

Posted by OKU_2020 > 2023-01-24 10:14 | Report Abuse

bornoil - now impoten*
1 sen comingg
WC WD coffin

Rohizam

13 posts

Posted by Rohizam > 2023-01-24 20:12 | Report Abuse

still a waiting for consolidation.... huhuhu

OKU_2020

4,719 posts

Posted by OKU_2020 > 2023-01-25 08:27 | Report Abuse

the worst is yet to come
Consolidation 50 to 1

lehubeng

1,079 posts

Posted by lehubeng > 2023-01-25 09:38 | Report Abuse

director insider trading > rm 1.5 mil

lehubeng

1,079 posts

Posted by lehubeng > 2023-01-25 09:39 | Report Abuse

insider seller lost confidence?

lehubeng

1,079 posts

Posted by lehubeng > 2023-01-26 07:16 | Report Abuse

gold 1947...

lehubeng

1,079 posts

Posted by lehubeng > 2023-01-26 14:53 | Report Abuse

if not beacuse of 30% pp coming soon, now quite a good time to enter at 0.02.....

Mabel

23,194 posts

Posted by Mabel > 2023-01-30 09:26 | Report Abuse

Meow Uncle OKU...Mabel will wait for Wang Sen..

So surprise despite the high NOSH, Most active stock today..

Meow

Posted by whistlebower99 > 2023-01-30 10:10 | Report Abuse

FOR NEWBIES

Be careful trading high NOSH low price penny stocks
Be extra careful if holding high NOSH low price penny stocks

Directors have power to propose shares consolidation to trim down your shareholdings by many times and raise more fund via shares issuance for rights issue with free warrants

Long term shareholders holding at high prices will incur huge losses due to such corporate exercises

List of penny stocks with shares consolidation :-

2023 proposal in progress - MERIDIAN, VSOLAR, DOLPHIN, EDUSPEC

2022 - YONGTAI, DIGISTA, MTRONIC, AGES, IDMENSN, KANGER, AAX, LKL, MNC, NEXGRAM, IMPIANA, FAST

BEFORE 2022 - PWORTH, PDZ, LAMBO, PASUKGB, MTOUCHE, SANICHI, VC, TRIVE, VINVEST, ICON, MLAB, NETX,.........

====================
TAYOR, set realistic target, be careful if holding

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