BORNEO OIL BHD

KLSE (MYR): BORNOIL (7036)

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Last Price

0.015

Today's Change

0.00 (0.00%)

Day's Change

0.01 - 0.015

Trading Volume

202,339,300


32 people like this.

29,731 comment(s). Last comment by lehubeng 6 hours ago

Rohizam

12 posts

Posted by Rohizam > 3 weeks ago | Report Abuse

kaunter scammer

lehubeng

965 posts

Posted by lehubeng > 3 weeks ago | Report Abuse

who is pp beneficiaries?

Posted by whistlebower99 > 3 weeks ago | Report Abuse

FOR NEWBIES

PRIVATE PLACEMENT OF UP TO 20% OF THE TOTAL NUMBER OF ISSUED SHARES OF BORNOIL ("PRIVATE PLACEMENT")

On behalf of the Board, UOBKH wishes to announce that 349,679,100 Placement Shares issued pursuant to the Private Placement were listed and quoted on the Main Market of Bursa Securities with effect from 9.00 a.m. on Friday, 16 May 2023.

This announcement is dated 16 May 2023.
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3351681

======================
Adding another 349,679,100 shares
NOSH = 10,061,366,054 (10 BILLION shares !!!)

Cheap cheap low price penny stock waiting for share consolidation by directors

Posted by whistlebower99 > 2 weeks ago | Report Abuse

FOR NEWBIES

PRIVATE PLACEMENT OF UP TO 20% OF THE TOTAL NUMBER OF ISSUED SHARES OF BORNOIL ("PRIVATE PLACEMENT")

On behalf of the Board, UOBKH wishes to announce that the Board had on 17 May 2023 resolved to fix the issue price of the Private Placement at RM0.0144 per Placement Share.

The issue price of RM0.0144 per Placement Share represents a discount of approximately 14.79% to the 5-day VWAP of Bornoil Shares up to and including 16 May 2023, being the last traded day of Bornoil Shares immediately preceding the price-fixing date of RM0.0169 per Bornoil Share.

This announcement is dated 17 May 2023.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3352495

https://www.klsescreener.com/v2/stocks/view/7036/borneo-oil-berhad

==================
Another tranche of cheap cheap low price shares to be issued by directors to collect more money
Another opportunity for selected PP investors to make quick easy money disposing PP shares to market retailers

NOSH continue to increase above 10 BILLION shares
Dilution of shareholders equity % and EPS

lehubeng

965 posts

Posted by lehubeng > 2 weeks ago | Report Abuse

previous po hv a minimum price of 0.015. latest pp no minimum price?

lehubeng

965 posts

Posted by lehubeng > 2 weeks ago | Report Abuse

cronies easily sakau rm20 million over past 3 years.....

Posted by whistlebower99 > 2 weeks ago | Report Abuse

FOR NEWBIES

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

This announcement is dated 18 May 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 from share consolidation

List of penny stocks with shares consolidation :-

2023 in progress - MMAG, VSOLAR, DOLPHIN, TECHNAX

2023 completed = MERIDIAN, PASUKGB, 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

speakup

20,997 posts

Posted by speakup > 2 weeks ago | Report Abuse

Bursa/SC should only allow companies do PP, Rights Issue once every 10 years.

Posted by Lee Ying Yee > 2 weeks ago | Report Abuse

quality stock ?? 10.2b for why ? rubbish

Posted by whistlebower99 > 2 weeks ago | Report Abuse

FOR NEWBIES

Private placement of up to 20% of the total number of issued shares of Borneo Oil Berhad
No. of shares issued under this corporate proposal 150,000,000
Issue price per share ($$) Malaysian Ringgit (MYR) 0.0153
Latest issued share capital after the above corporate proposal in the following Units 10,211,366,054
Listing Date 23 May 2023

https://www.klsescreener.com/v2/stocks/view/7036/borneo-oil-berhad

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3353392

====================
Directors happily continue to raise more fund via share issuance to PP, ESOS
Cheap cheap price for selected PP investors to make quick easy money ?

======================
NOSH = 10,211,366,054 (> 10 BILLION shares !!!)

Be careful holding high NOSH penny stocks, many of which had done shares consolidation causing huge losses to long term loyal holders

Josh

2 posts

Posted by Josh > 2 weeks ago | Report Abuse

bornoil is totally a trash that earn through unlimited pp

lehubeng

965 posts

Posted by lehubeng > 2 weeks ago | Report Abuse

sell volume at 0.02 increased after latest pp.... sell immefiately after acq at 0.015?

lehubeng

965 posts

Posted by lehubeng > 2 weeks ago | Report Abuse

cronies sold bornoil at 0.015.... tomorrow bornoil will announce another tranche of pp at 0.0135....

OKU_2020

3,862 posts

Posted by OKU_2020 > 1 week ago | Report Abuse

RUNNNNNNNNNNNNNN for our live

Posted by whistlebower99 > 1 week ago | Report Abuse

FOR NEWBIES

Private placement of up to 20% of the total number of issued shares of Borneo Oil Berhad
No. of shares issued under this corporate proposal 320,000,000
Issue price per share ($$) Malaysian Ringgit (MYR) 0.0144
Latest issued share capital after the above corporate proposal in the following Units 10,531,366,054
Listing Date 25 May 2023

https://www.klsescreener.com/v2/stocks/view/7036/borneo-oil-berhad

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3354147

====================
Directors continue to raise more fund via share issuance to PP (and ESOS)
PP investors stand to make quick easy profits with lower issue price
Directors happy to have access to more company fund

Retail investors see their shareholding equity % diluted

=====================
NOSH = 10,531,366,054
WC = 1,722,822,600
WD = 365,471,359

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

lehubeng

965 posts

Posted by lehubeng > 1 week ago | Report Abuse

bornoil plan to venture into bario rice.... likely another round of new pp issuance to funding the new venture?

speakup

20,997 posts

Posted by speakup > 1 week ago | Report Abuse

Bario rice is like Musang king. High quality mountain rice 👍

lehubeng

965 posts

Posted by lehubeng > 1 week ago | Report Abuse

it's not about business. it's seem like bornoil's plot. gild/cement/chilly sauce then bario rice.,always use new business venture to issue new pp.... exploit retailers to fatten cronies.....

Posted by whistlebower99 > 1 week ago | Report Abuse

FOR NEWBIES

PRIVATE PLACEMENT OF UP TO 20% OF THE TOTAL NUMBER OF ISSUED SHARES OF BORNOIL ("PRIVATE PLACEMENT")

On behalf of the Board, UOBKH wishes to announce that the Board had on 25 May 2023 resolved to fix the issue price of the Private Placement at RM0.0142 per Placement Share.

The issue price of RM0.0142 per Placement Share represents a discount of approximately 14.97% to the 5-day VWAP of Bornoil Shares up to and including 24 May 2023, being the last traded day of Bornoil Shares immediately preceding the price-fixing date of RM0.0167 per Bornoil Share.

This announcement is dated 25 May 2023.

===============
Another tranche of PP with lower price coming on the way very very soon
Directors busy doing fund raising via PP share issuance every few days !!!!

What next is coming from directors ???

lehubeng

965 posts

Posted by lehubeng > 1 week ago | Report Abuse

oops, very poor quarterly report... also not a single word on gold mining.... liar🤥

OKU_2020

3,862 posts

Posted by OKU_2020 > 1 week ago | Report Abuse

Quarter Result
Quarter Result on 31-Mar-2023[#3] QoQ - -225.05% YoY - -183.15%.
-----------------
LOSS....OMG
RUNNNNNNNNNNNNN for our lives
BOOOO CHOWWW CCCCCCCCC...!!

BORNOIL 1 SEN
WC , WD COFFIN

Posted by whistlebower99 > 1 week ago | Report Abuse

FOR NEWBIES

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3356046

Profit/(loss) attributable to ordinary equity holders of the parent -28,971,000

https://www.klsescreener.com/v2/stocks/view/7036/borneo-oil-berhad

============
Directors no time to generate profit from business operation?
Directors busy with fund raising via shares issuance to PP, ESOS and to acquire costly assets

============
Expect more fund raising activities by directors

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


Syndicates

817 posts

Posted by Syndicates > 5 days ago | Report Abuse

aiyo 4mil buyer one shot finish, masih ada org x sempat jual ke?

lehubeng

965 posts

Posted by lehubeng > 5 days ago | Report Abuse

lelong.....

OKU_2020

3,862 posts

Posted by OKU_2020 > 5 days ago | Report Abuse

DEADLY TSUNAMI.......
RUNNNNNNNNNNNN for our lives
Coffin / grave yard

Posted by whistlebower99 > 5 days ago | Report Abuse

FOR NEWBIES

Types of corporate proposal Private Placement
Details of corporate proposal Private placement of up to 20% of the total number of issued shares of Borneo Oil Berhad
No. of shares issued under this corporate proposal 225,000,000
Issue price per share ($$) Malaysian Ringgit (MYR) 0.0142
Latest issued share capital after the above corporate proposal in the following Units 10,756,366,054
Listing Date 02 Jun 2023

https://www.klsescreener.com/v2/announcements/view/4902305

===============
Directors non stop busy with fund raising via share issuance to PP, ESOS
Directors managed to collect more money for company fund to be spend later
PP investors happy to buy at lower than market price, making instant profits if sold
Retail investors very sad to see their shareholdings equity % & EPS diluted

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


OKU_2020

3,862 posts

Posted by OKU_2020 > 4 days ago | Report Abuse

RUNNNNNNNNNNNNNNNNNNNNNNNN for our lives
DEAD RAT

lehubeng

965 posts

Posted by lehubeng > 4 days ago | Report Abuse

lelong....

Posted by whistlebower99 > 4 days ago | Report Abuse

PRIVATE PLACEMENT OF UP TO 20% OF THE TOTAL NUMBER OF ISSUED SHARES OF BORNOIL ("PRIVATE PLACEMENT")

On behalf of the Board, UOBKH wishes to announce that 225,000,000 Placement Shares issued pursuant to the Private Placement were listed and quoted on the Main Market of Bursa Securities with effect from 9.00 a.m. on Friday, 2 June 2023.

This announcement is dated 2 June 2023.

https://www.klsescreener.com/v2/stocks/view/7036/borneo-oil-berhad

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3359347

=================
Another 225,000,000 shares allotted to PP investors
NOSH = 10,756,366,054

lehubeng

965 posts

Posted by lehubeng > 7 hours ago | Report Abuse

oops..
pp at 0. 013 only..... how much fund bornoil can raise if company purposely keep the share price low?

lehubeng

965 posts

Posted by lehubeng > 6 hours ago | Report Abuse

once issuance of pp have been determined, the shares of detailers definitely been diluted. company persistently keep the share low is just to benefit the pp cronies. the fund that company raise will be low, but directors will not bother about this....

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