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BORNEO OIL BHD BORNOIL (7036)

0.095 0.000 (0.00 %)

High: 0.095     Low: 0.090     Vol: 29,999,300 Average Vol: 314,685

last updated: 1-Nov-2017 4:56 PM

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[BORNOIL] Bornoil to be reborn again

Latest Q3 report is superb. Net profit RM 80m, EPS 50 sen and PE < 2.If their bizz perform well, i think their TP end of this year will be RM 2.50 (PE 8). First TP is RM 1, 2nd TP RM 1.50, 3rd TP is RM 2.
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Q3 result profit increased because of property value increase. Nothing much about this company. If you notice, the 3rd qtr revenue only 5.2 mil. How can the profit more than revenue? If this counter can reach 1.50, I would consider it a goreng counter without solid fundamental to support it. No offence.
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[BORNOIL] bornoil-w

its warrant will affect yhe mother share so need a long period
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[BORNOIL] BORNOIL & WA

My observation on this counter is bottom out and its turning up. Any comment?
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