Others Stock

[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.
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.
Quotes are delayed at least 15 minutes. Stock charts are updated at the end of the trading day. All information provided "as is" for informational purposes only, not intended for trading purposes or advice. Tradesignum is not liable for any informational errors, incompleteness, or delays, or for any actions taken in reliance on information contained herein. By accessing the Tradesignum website, you agree not to redistribute the information found herein.