Posted by whistlebower99 > 2023-06-21 09:33 | 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 20 June 2023 resolved to fix the issue price of the Private Placement at RM0.0128 per Placement Share.

This announcement is dated 20 June 2023.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3363188

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Another price fixing for next batch of PP shares
Congrats to directors for receiving more funds
Congrats to selected PP investors on special low issue price

Normal retail investors see dilution in their shareholding equity due to increased NOSH

Posted by lehubeng > 2023-06-21 13:40 | Report Abuse

cronies/ proxy unloaded another 150 millions shares at 0.015... acq at 0.0128 only.. 20% profit margin within few weeks...

Posted by lehubeng > 2023-06-21 13:41 | Report Abuse

after unloading, bornoil transaction will be low for long period till next pp comes...

Posted by The_JQuestion > 2023-06-21 23:23 | Report Abuse

I was interested when this share was 0.03-0.035 now 0.015 ..... glad i nvr touch nvr rebound at all for so long

Posted by Lee Ying Yee > 2023-06-22 14:00 | Report Abuse

pp 100 m ?? the boss is billion air ???

Posted by lehubeng > 2023-06-22 21:07 | Report Abuse

yesterday 300 mil shares transacted at 0.015... today only 3 million ahares transacted.... likely next week cronies/ proxy will sell more at 0.01 , so as pp beneficiaries/cronies can acq remaining pp at less than 0.01.....

Posted by lehubeng > 2023-06-22 21:10 | Report Abuse

my prediction, because i think these shameless old uncles are greedy to no limit....

Posted by FarmbesFlyer > 2023-06-23 02:19 | Report Abuse

Buy now while still cheap. Good luck for bornoil followers! Cheers

Posted by whistlebower99 > 2023-06-23 12:28 | Report Abuse

Many oldbies bought @0.05 or higher, years ago, now cursing greedy directors

BORNOIL as at 23 Jun 2023
NOSH = 11,457,135,230
WC = 1,722,822,600
WD = 365,471,359

Be careful holding high NOSH low price penny stocks, many of which had undergone share consolidation of 10:1, 20:1, 25:1 or 50:1 !!!

Posted by Siang9282 > 2023-06-26 15:05 | Report Abuse

here comes the trap

Posted by Lee Ying Yee > 2023-06-26 15:46 | Report Abuse

pp 194m . billion air ??? king

Posted by sunsetbiz > 2023-06-26 17:01 | Report Abuse

moving to next stage.....0.005/0.01 ....:)

Posted by whistlebower99 > 2023-06-27 10:15 | Report Abuse

FOR NEWBIES

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

This announcement is dated 26 June 2023.

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Be careful if holding high NOSH low price penny stocks for long term

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 - DGB, MMAG, DOLPHIN, TECHNAX, ICON

2023 completed = VSOLAR, 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,.........

Posted by whistlebower99 > 2022-07-14 10:55 | 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 194,000,000
Issue price per share ($$) Malaysian Ringgit (MYR) 0.0128
Latest issued share capital after the above corporate proposal in the following Units 11,651,135,230
Listing Date 27 Jun 2023

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3364409

===============
Directors collected extra fund of RM2,483,200 from 194,000,000 PP shares at 0.0128

Selected lucky PP investors make instant profits of RM426,800 if sold at 0.015

Retail investors get more dilution of their shareholdings equity % due higher NOSH of 11,651,135,230 shares

Posted by sunsetbiz > 2023-06-28 16:01 | Report Abuse

waiting to consol o....:)

Posted by lehubeng > 2023-06-28 16:15 | Report Abuse

pp cronies acq 2 billion shares at 0.0128, today happily dispose 400 million shares, immediate 20% profit within 1 month.....

Posted by lehubeng > 2023-06-28 16:47 | Report Abuse

retailers bought at 0.015 today, later company make consolidation, 10: 1, share become 0.15...and company will again issue pp to cronies, and nosh will become 13 billion again with share price drop back to 0.015....

Posted by speakup > 2023-06-29 13:56 | Report Abuse

https://www.thestar.com.my/news/nation/2023/06/29/do-you-know----about-gold-mining-in-malaysia

Posted by lehubeng > 2023-07-20 16:35 | Report Abuse

another 237,000, 000 new esos at 0.013.... macc should check sc and bornoil....

Posted by lehubeng > 2023-06-30 13:12 | Report Abuse

how can bornoil announce isdue sharr capital as rm 697 million when market capitalisation is less than rm 150 million....

Posted by sunsetbiz > 2023-06-30 13:15 | Report Abuse

wait to consol maybe 50:1 later.... :)

Posted by whistlebower99 > 2023-06-03 15:30 | Report Abuse

FOR NEWBIES

ESOS
Details of corporate proposal Exercise of Share Options
No. of shares issued under this corporate proposal 237,000,000
Issue price per share ($$) Malaysian Ringgit (MYR) 0.0130
Latest issued share capital after the above corporate proposal in the following Units 11,888,135,230
Listing Date 03 Jul 2023

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3365622

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Non stop, directors keep raising fund via shares issuance to PP, ESOS

NOSH hitting 12 BILLION shares very soon with continuous shares issuance by directors

Retailers shareholding equity % keep diluting !!!

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

Posted by lehubeng > 2023-06-30 13:47 | Report Abuse

today transaction at 0.01 only, pp cronies will acq bornoil next week at 0.0085.....

Posted by lehubeng > 2023-07-10 13:48 | Report Abuse

3 billion shares that cronies acquored less than 0.013 waiting to be thrown to retailers at 0.015....

Posted by myfuad > 2023-07-06 10:37 | Report Abuse

why this profit company no value..

Posted by lehubeng > 2023-07-06 14:16 | Report Abuse

integrity in doubt.... 50% pp and esos past 2 years at cery cheap price and 15% discount to cronies.... retailers share value very much diluted.... these may not be the end..... possibly consolidation is on the way....

Posted by Rohizam > 2023-07-06 22:59 | Report Abuse

scammer kaunter..

Posted by whistlebower99 > 2023-07-12 12:32 | Report Abuse

Bornoil, XOX are one of the biggest Fund Raising Company in Bursa Malaysia
Directors not interested to make profits for retail shareholders
Only interested to issue shares to raise fund to be utilised within their immense power
Retail shareholders only can see their shareholding equity % reduced over time

Posted by lehubeng > 2023-07-12 22:21 | Report Abuse

bornoil previously share buy back at 0.05 and 0.035.... yet the offer private placement lower and lower till 0.0127 (maybe lower next week)to cronies...use company money for share buyback and benefit cronies with low pp price.... a bunch of greedy cunning old men....

Posted by lehubeng > 2023-07-12 22:21 | Report Abuse

integrity in doubt.... TAYOR....

Posted by singkalin > 2023-07-14 14:39 | Report Abuse

Can those old man bring the cheated black money to their grave.
They can only burn in hell.

Posted by Trader6666 > 2023-07-17 09:52 | Report Abuse

This counter is more scammer than SerBaK

Posted by ce0808 > 2023-07-18 08:59 | Report Abuse

Bornoil still holding Verde? Yesterday its share price surged from 0.25 to 0.44!

Posted by speakup > 2023-07-18 09:23 | Report Abuse

What is Verde? Where listed?

Posted by ce0808 > 2023-07-18 09:25 | Report Abuse

Not sure this new still relevant or not

https://www.nst.com.my/business/2022/01/765354/bornoils-associated-company-verde-resources-continues-ascending-new-heights

Posted by speakup > 2023-07-18 09:33 | Report Abuse

Verde listed in usa

Posted by speakup > 2023-07-18 11:06 | Report Abuse

Bornoil own only about 15% of Verde

Posted by lehubeng > 2023-07-18 13:50 | Report Abuse

should be good news. but all good news (gold mines 822kg with soaring gold price/ first cement clinker in sabah/sabasco sauce) cannot push up bornoil due to endless pp/esos, possibly consolidation... integrity in doubt... TAYOR...

Posted by ce0808 > 2023-07-18 16:15 | Report Abuse

Bornoil got 157,939,394shares now worth $39M / RM175M

Posted by speakup > 2023-07-18 21:20 | Report Abuse

for most company in bursa, insiders will use good news to push up (goreng) shares. But Bornoil is different. Ada good news tapi still impotent

Posted by lehubeng > 2023-07-25 07:48 | Report Abuse

esos again... how much esos and pp left for cronies?

Posted by speakup > 2023-07-25 07:56 | Report Abuse

Bornoil is one of the few shares that miss out on the CASINO DE BURSA bull run. Sedihnya! Malunya!

Posted by lehubeng > 2023-07-26 14:22 | Report Abuse

pp cronies hv 15% discount from market price.... when market price at 0.04, pp minimum price 0.025... when narket price 0.025, pp minimum price 0.015..... when market price 0.02, pp no minimum price.... integrity in doubt... TAYOR....

Posted by lehubeng > 2023-07-26 14:23 | Report Abuse

cronies likely acq bornoil at less than 0.01 next week....

Posted by lehubeng > 2023-07-26 14:26 | Report Abuse

hopefully one day macc investigate bornoil/bursa....

Posted by lehubeng > 2023-07-26 14:29 | Report Abuse

if director can convery his wc/wd at 0.07, why should bornoil give pp cronies such a low price and 15% discount?

Posted by James Yeo > 2023-07-27 14:37 | Report Abuse

BO primarily holds the Sugarbun fast-food franchise and is also involved in the businesses of property investment & management, and resources & sustainable energy. https://www.smallcapasia.com/4-malaysian-companies-trading-at-their-52-week-lows/

Posted by lehubeng > 2023-07-27 17:24 | Report Abuse

definitely lowest price within last 52 weeks as nosh already inreased by 50%.... if not bornoil at least 0.0225 and above.....integrity in doubt... TAYOR....

Posted by lehubeng > 2023-07-27 18:39 | Report Abuse

yet cronies acq bornoil at only 0.0128.....

Posted by whistlebower99 > 2023-07-28 09:10 | Report Abuse

FOR NEWBIES

ACQUISITION OF AN ADDITIONAL 20.00% EQUITY INTEREST IN MAKIN TEGUH SDN BHD

The Board of Directors of Borneo Oil Berhad wishes to announce that the Company had on 27 July 2023, entered into a Share Sale Agreement ("SSA") with Global 2332 Ltd for the acquisition of a total of 25,215,767 ordinary shares representing 20.00% equity interest in Makin Teguh Sdn Bhd ("MTSB") for a total cash consideration of RM40,000,000.

Please refer to attachment for full details of the Acquisition.

This announcement is dated 27th July 2023.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3372055

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Frequent fund raising by directors via shares issuance to PP, ESOS

More money spend on acquisition. Hopefully beneficial to company & shareholders and not a wasted outflow of fund