BORNEO OIL BHD

KLSE (MYR): BORNOIL (7036)

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Last Price

0.005

Today's Change

0.00 (0.00%)

Day's Change

0.005 - 0.01

Trading Volume

10,011,000


33 people like this.

30,043 comment(s). Last comment by BE_GREEEEEDY 11 hours ago

TuaTuaLiap

190 posts

Posted by TuaTuaLiap > 2023-02-02 10:07 | Report Abuse

Can fry KFC liao

Posted by Harimaukecik > 2023-02-02 10:09 | Report Abuse

gold naik 2k also no movement, i can predict for this counter

Posted by whistlebower99 > 2023-02-02 10:58 | Report Abuse

1c is real
Shares consolidation of 25 to 1 or 50 to 1 could also be real.

Posted by jonathanlimkk > 2023-02-02 11:53 | Report Abuse

Who is dumping 0.020 cents in large quantity? already went up to 0.025 then suddenly huge dump back 0.020. What is going on?

Posted by Harimaukecik > 2023-02-02 15:57 | Report Abuse

big bosses shifting left pocket to right pocket ...

sunsetbiz

739 posts

Posted by sunsetbiz > 2023-02-02 16:23 | Report Abuse

Consol 20:1 is a good move ....

Posted by jonathanlimkk > 2023-02-03 09:10 | Report Abuse

Again. Somebody dump 60m 0.020 cent. Which syndicate is this making sure this share stays low?

sunsetbiz

739 posts

Posted by sunsetbiz > 2023-02-03 09:29 | Report Abuse

fishy easily to get burn here....:)

sunsetbiz

739 posts

Posted by sunsetbiz > 2023-02-03 16:36 | Report Abuse

they just want to sell and get cheap PP for cash :)

OKU_2020

4,707 posts

Posted by OKU_2020 > 2023-02-04 15:56 | Report Abuse

To be DEAD RAT any time

lehubeng

1,079 posts

Posted by lehubeng > 2023-02-04 16:41 | Report Abuse

gold 1865... monday bornoil 0.01-0.015?

OKU_2020

4,707 posts

Posted by OKU_2020 > 2023-02-05 07:27 | Report Abuse

lehubeng@
gold 1865... monday bornoil 0.01-0.015 ?
-----------
Bornoil to Rest In Peace ( RIP ) @ 1 sen
WC , WD to be Coffin

Posted by whistlebower99 > 2023-02-08 10:36 | Report Abuse

FOR NEWBIES

Long term retail shareholders saw their shareholding equity % diluted over the years due to massive share issuance by directors to raise fund from PP, ESOS.

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

Not easy for big fat mummy with heavy babies to climb up

===============
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

lehubeng

1,079 posts

Posted by lehubeng > 2023-02-08 13:25 | Report Abuse

easier to get profit from squeezing retailers than doing proper business......

lehubeng

1,079 posts

Posted by lehubeng > 2023-02-09 22:52 | Report Abuse

proposed 30% pp withdrew temporarily... will bornoil resubmit the proposal next week? previously withdrew on 12.12.2022 and resubmit on 19.12.2022......

Posted by whistlebower99 > 2023-02-10 09:02 | Report Abuse

FOR NEWBIES

MULTIPLE PROPOSALS
I. PROPOSED ACQUISITION;
II. PROPOSED DIVERSIFICATION; AND
III. PROPOSED PRIVATE PLACEMENT

On behalf of the Board, UOBKH wishes to announce that a withdrawal request of the listing application for the Proposals dated 8 February 2023, has been submitted to Bursa Securities on even date. The relevant announcement in relation to the resubmission of the listing application will be made in due course.
This announcement is dated 9 February 2023.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3326521

==================
Multiple proposals withdrawn.

What will be the next Multiple Proposal ??? Will it be worse than this ?
Directors have the power.....

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

lehubeng

1,079 posts

Posted by lehubeng > 2023-02-10 16:29 | Report Abuse

lawyer is smart.... TAYOR...

Posted by Harimaukecik > 2023-02-14 08:56 | Report Abuse

mati la counter ni, will keep PP until 0.5c nanti....no chance to move fwd

lehubeng

1,079 posts

Posted by lehubeng > 2023-02-16 09:06 | Report Abuse

nosh 9.7 billion, by calculation, bornoil need yo hv rps of rm97 million per year to make eps of rm 0.01 ( 1 cent).... can bornoil hv net profit of rm97 million per year? how to push bornoil above 0.03????

lehubeng

1,079 posts

Posted by lehubeng > 2023-02-16 09:07 | Report Abuse

correction: net profit of rm97 million...

OKU_2020

4,707 posts

Posted by OKU_2020 > 2023-02-16 22:07 | Report Abuse

No hope
TO RIP / Rest In Peace Soon
Born Oil Mom 1 SEN
WC , WD to be Coffin

koyokui

1,901 posts

Posted by koyokui > 2023-02-21 16:28 | Report Abuse

Buy fcpo want to break 4500

lehubeng

1,079 posts

Posted by lehubeng > 2023-02-21 18:03 | Report Abuse

some wc and wd conversion at 0.07? new nosh 9,701,686,954...mother share market price at 0.02... conversion at 0.07?.... what does it mean?

OKU_2020

4,707 posts

Posted by OKU_2020 > 2023-02-21 22:54 | Report Abuse

means COFFIN to WC & WD......as mom Bornoil now nearing 1 - 1.5 sen

lehubeng

1,079 posts

Posted by lehubeng > 2023-02-23 19:05 | Report Abuse

director convert wc and wd at 0.07...company offered pp at a minimum price of 0.015.... director think bornoil worth at least 0.07 ( since conversion price is 0.07).... yet company issued pp at 0.015!!! what does this mean??? company has any hidden motive/aganda?

lehubeng

1,079 posts

Posted by lehubeng > 2023-02-23 19:08 | Report Abuse

if company resubmit new 30% pp proposal, what will be the minimum price? will sc still approve the new pp with a minimum price of 0.015 or lower?

lehubeng

1,079 posts

Posted by lehubeng > 2023-02-23 19:19 | Report Abuse

from 2019 till now, nosh already increased by at least 80 to 90% (5.3 billion shares to 9.7 billion shares), wc and wd conversion price still 0.07.... likely wc and wd will go to coffin.... how to push up bornoil to 0.07 nosh of 10 billion....

lehubeng

1,079 posts

Posted by lehubeng > 2023-02-23 19:21 | Report Abuse

TAYOR....

koyokui

1,901 posts

Posted by koyokui > 2023-02-24 17:43 | Report Abuse

Buy quarter report positive

lehubeng

1,079 posts

Posted by lehubeng > 2023-02-24 18:54 | Report Abuse

how to buy? director convert wc and wd at rm0.07, so in the report market capitalisation becomes rm662 million..... but actual fact, with bornoil market price of only 0.02, market capital of bornoil is only rm194 million..... smart company.....

lehubeng

1,079 posts

Posted by lehubeng > 2023-02-24 18:56 | Report Abuse

new 20% pp proposal, now with 15% discount from market price.... worse than previous 10% discount....

lehubeng

1,079 posts

Posted by lehubeng > 2023-02-24 19:06 | Report Abuse

if company make huge profit, easy for gompany to privatize the company..... cronies earn all.... even though not privatize, certain parties also make handsome profit from 15% discount fronarket price...

lehubeng

1,079 posts

Posted by lehubeng > 2023-02-24 19:07 | Report Abuse

company... from market price..

lehubeng

1,079 posts

Posted by lehubeng > 2023-02-24 19:09 | Report Abuse

TAYOR....

lehubeng

1,079 posts

Posted by lehubeng > 2023-02-24 19:15 | Report Abuse

for fundraising of rm30 million, if apply business loan, possibly will get good interest rate of 6 to 8%, and interest payment also can be deducted from income tax.... but company choose to give discount to pp beneficiaries upto 15%....

651158

2,377 posts

Posted by 651158 > 2023-02-24 19:35 | Report Abuse

The company never think about share holder they just only try get money only

651158

2,377 posts

Posted by 651158 > 2023-02-24 19:44 | Report Abuse

I buy the share from 0.080 may 2018 and now drop to 0.020 and same time i also buy wc and wd at the price 0.045

651158

2,377 posts

Posted by 651158 > 2023-02-24 19:47 | Report Abuse

this company director nothing do the job just get the salary free only

651158

2,377 posts

Posted by 651158 > 2023-02-24 19:47 | Report Abuse

the company never think about us

651158

2,377 posts

Posted by 651158 > 2023-02-24 19:48 | Report Abuse

we lost money WHO pay

651158

2,377 posts

Posted by 651158 > 2023-02-24 19:51 | Report Abuse

now wc and wd just only 0.010 only and same time also can drop to 0.005

lehubeng

1,079 posts

Posted by lehubeng > 2023-02-26 20:48 | Report Abuse

very strange. bought 1.25 billion shares with 0.088/shares in december 2021. yet offered pp beneficiaries at a minimum of 0.015/share in 2022......

lehubeng

1,079 posts

Posted by lehubeng > 2023-02-26 20:53 | Report Abuse

if operators try to push up the share price to 0.03 in near future, will retailers follow??? if retailers follow and buy at 0.025/ 0.03, will company offer new 20% pp at a minimum price of 0.015 again, and with 15% discount from market price? then retaikers will be trapped for another few years?

lehubeng

1,079 posts

Posted by lehubeng > 2023-02-26 20:54 | Report Abuse

fundraising? diluting /squeezing ?

lehubeng

1,079 posts

Posted by lehubeng > 2023-02-27 09:37 | Report Abuse

good volume today...let's see can reach 0.02-0.025 today.... and how many shares trade at 0.025....

sunsetbiz

739 posts

Posted by sunsetbiz > 2023-02-27 09:54 | Report Abuse

cash is floating out to somewhere.....:)

Sales

3,193 posts

Posted by Sales > 2023-02-27 12:58 | Report Abuse

Wow...every quarter got profit. No more 0.02sen. Just my two cent

Posted by Harimaukecik > 2023-02-27 16:09 | Report Abuse

always Private placement or fund raising...tapi share harga tak naik langsung...celaka

lehubeng

1,079 posts

Posted by lehubeng > 2023-02-27 18:56 | Report Abuse

oops... good volume but share price no movement.... integrity in doubt.... TAYOR....

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