when drop to 1.50 that time.. you ask for 1.30.. whn flying to 2.40 you ask for 2.00.. susah… pls understand the company and buy long term.

easier...2.2 soon

moving soon... full production of Factory will give price a boost... private placement 30% direct go to Major shareholder.. pump in more than 150M own money...

bahvest… building growth for next level... revenue never lies

flashing out impassion investor is the golden rules.. BV is dealing with gold.. not hanky panky products... uptrend is intact..reshuffle of major shareholder soon...

since they don't have faith in the counter... better flash out early..

sell...production drop below 20kg...heavy rain last month in Tawau... it will drop to 55s below climb up year end

Homily graph show everything .. flashing out unloyal investor

if 1.5s also cannot tahan.. don't buy keep money in FD

Why not buy and keep? the the copany grow slowly.. like inari ..back in 2013..only cost 30s.. I sold all at 3.00... in 2015.. if I font sell.. I can retired today with dividend per quarter of 60-80k...

https://goldprice.org/

Gold price flying.. up 1.2% now!!!

I make my money in Inari back in 2013.. that time Inari only price at 0.30s... I sold all my inari late 2015 for above RM3.. I make my first 20yrs (workable income) in 2 years. If I didn't sell.. I should be holding not less than 5m inari share today.. I regretted so much.. as if I didn't sell... I can afford retire before im 37. So MI will be my next 10bagger.. so I don't plan to sell.. simple the owner himself see the opportunity.

gold up again...

maybe fake news.. ignore it then..

wait wait.. reach 2.00 lo.. investor look long term... joker wait durian drop everyday

Sources unverified.. EPF is in the mid nego to take up 20-30% through private placement. This is for Bahvest to built new plant to dig GOLD faster than current speed. Since Gold is world commodities and Malaysia can use its a own reserve. Anyone heard about in the market? Imaging Bahvest can product 2-3 tonne of gold per year.. This will be good for BNM as the cost is so low. Its win win.. BNM will get 50% discount over the real price gold some more its recognised as world class commodities.. pls find out more.. I heard in the market

when market come down.. don want buy.. when it start to climb.. spread negative news hoping it will come down.. sometime really sick of it.. seeing those gambler who forever will never make big money.. banker call this people punker...don't even wanna read n understand whole company already say so negative.. F them

when drop don't want buy... when up hope drop back.. how to invest? better gamble genting

HoldingKing.. are you from EM? Sound like from here... u bought SAM? This is holding stock.. I hold this counter since 2015.. good dividend also..

Gold contain is high according to outside sources.. higher than usual

Any possible March production higher than last month?

Sharing from WONG PING LOONG...not from me.. I just buy n keep bahvest...

#BAHVEST

估值

In Previous Q2:
Sold: 69.34kg ⇒ RM11.497mil

GOLD revenue per KG = RM166,000
@ average Gold price USD1250

Operational Cost = RM
Gross profit: Rm2.264mil.

Inventory: 17.26kg goto next QR

In Q3
Jan 2019 - 41.23kg
Feb 2019 - 61.38kg

Estimation March 2019 - 75kg

Estimated Total Q2 = 177kg
Estimated Revenue = 177kg x Rm166,000 = RM29.382mil

Average Gold Price in Q3 = 1290usd, 3% higher vs Q2.

Revised Revenue = RM29.382×1.03= RM30.32mil.

Note: Consider same inventory as Q2.

Operational cost should be almost same as Q2, assume RM15mil. (Previous Q2 = RM9.2mil)

Gross Profit = RM15mil

Do not forgot fish selling profit estimated RM2mil in Q3.

Total Gross Profit = RM17mil.

Minus admin expenses, distribution cost, financial cost, tax = RM5mil (Previous Q2 = RM2.5mil)

Net Profit RM12mil

Total out standing share 610mil.

EPS = 12/610 = RM0.0197 = 0.197 sen (Previous Q2= 0.14)

yearly EPS = 0.197×4= 0.788

Gold producers average PE @USA = 20

Assume Malaysia market, PE 12, Stock price = 0.788 × 12 = 94.56 sens

@PE 10, stock price = 78.8 sens

==============================
Remarks:

Previous Q2 EPS = 0.14

FY18, Q3 EPS = 11.9 (high EPS due to Net change of fair value, core business making losses)

Credit : Wong Ping Loong (Facebook)

Market is the always.. some make some loss... those who make of course got a lot of sound n proud to shout around.. anyway be happy..everyone have their own thinking... just like Warran buffet.. the world richest investor..he stay low profile and still so humble... cheers.. happy investing

end of the movie.. datuk gain all from privatize the whole company for 0.05s.. all people like Destiny88 die without any single sen.. stupid stupid.. already don't have any share still wanna waste time here..really stupid until die... no wonder datuk win ..all time

then 30s... by next week left 0.05..ngam boh..

I agree with you.. then later they throw all at 66,655, then 65.. all die

Investor 9999 sorry for the cut and paste of your report..I didn't know its from you..so I just post it.. Sorry ya and thank you for the sharing.. Im confident on this counter.. my cost is lower than 50% of the current price.. so I think this counter can go further.. so wait n see

Destiny88 how much is your loss? why you shout like loss all your entire saving like that?

Gold hit USD42335 per kg.. today up 1.3%

Destiny88.. you loss a lot?

No gold..say company cheating
Got gold..say company gold fake one..
Now gold production increase..say con man company
Apa you mau o... up from 35s to 70s.. correction few sen also kena marah… susah o

Long term says.. 6-12 month sure things are more clear and positive.. lets say they can produce average gold of 50kg per month.. all these revenue can be pre calculated before the Quarterly Financial out.. like now.. Jan 41kg, Feb 61Kg.. March ..assuming 50K.. revenue expected will be RM25M (152kg x avg price of RM165K), don't forget 17.26kg still under inventories unsold..if they sold it.. total revenue will be 25M+2.8M = RM27.8M.. that's the beauty of mining.. they need to cleared there sales earlier every month. Make your own judgement.

If march they can produce another 60KG... total will be 41+61+60.. that value will be around 23.4M (based on 165K per kg).. will bring bahvest revenue above 50M ..historical high records.. Potentially make profit of 8-10M.

Clearing contra player.. so healthy

https://www.bloomberg.com/news/articles/2019-03-19/top-hedge-fund-says-buy-gold-sell-stocks-in-trade-of-century?utm_campaign=socialflow-organic&utm_content=markets&utm_medium=social&utm_source=twitter&cmpid%3D=socialflow-twitter-markets

JAN 6.8M
FEB 10.5M ( Base on RM165K per kg)
March??

The report I saw back in early 2018.. that time RHB target price is 2.50-3.00... after they do site visit to their mining operation area in Tawau... so above report you have to extract from RHB if you have any remiser keeping it...

What is the conclusion of above recommendation James? BUY? Target?

Bahvest 15 March 2019

BUY – TP 82 to 110 (with expansion of 50% plant capacity by 1 October 2019) using PE 15

I have used my projections and working relying on both RHB and CIMB report released on 24 April 2018 and 27 April 2018 respectively and updated with publicly available information from announcement and press release. Both IB reports are attached to recap.

Clear turnaround insight in the coming quarters into FY 2020 ended 31 March with the ramping up of gold mining operation.

Target Price 82 to 110. TP @15 x PE on PAT at RM66.4 mil (if no increase in plant capacity) to RM89.9 mil (with expansion of plant by 50% capacity commencing 1 Oct 2019) based on FY 31 March 2020 estimated EPS.

RM 819m market cap. If earnings turn on the back of RM165 mil (based on current plant capacity) to RM 206 mil sales (with 50% expansion in production capacity by 1 July 2019), profits will be some RM 66.4 mil – RM829mil. See attached Excel schedule. I heard investors Management target plant capacity expansion by 1 October 2019 with all initial teething problems (since commencement of mine operation in 2018) being resolved, its coming monthly gold production output will be more visible increasingly. Its Q1 FY2020 ended 31 March would give investors a bearing of its coming financial performance.

Strengths:
1. High gold content per Optiro JORC Report of 2.72g per ton.

2. Low cost of extraction and production of US$300 per gram of gold as it is operating an open pit mine. However, in my calculation I have factored in an additional contingency of US$50 per gram

3. Management had gained valuable experience after 7 months of operation and resolved all initial teething problems

4. Scalable expansion of plant processing capacity by investing RM10 million within 6 mths of decision to increase production and expecting increase Capacity by 1 October 2019

5. Proven delivery of increasing monthly gold production since August 2018. Monthly gold production outputs
Aug. 6.406 kg
Sept 23.69 kg
Oct. 12.96 kg
Nov. 21.58 kg
Dec. 31.52 kg
Jan 19 41.23 kg

Above output is just from extraction of top soil, note that in most open pit mine, top soil gold content is very low and not financially feasible to extract the gold. BV top soil already high in gold content of 2 gram per ton and when it reaches the vein, it would be fantastic. When Co extract the vein, the quantum of gold can be very much higher.

My assumptions used in projection and calculation are:
• RM to USD is 4.1

• Gold price is US$1300

• If gold price dropped to US$1,200, its TP would be revised down to 70 to 96 with PE 15 based on net profit after tax of RM57.4 mil and RM78.6 mil for scenario with current capacity and with 50% capacity expansion in July 2019 respectively

• Plant utilisation capacity is 90% of its specification

• INCREASE in PLANT CAPACITY TO PROCESS ORE BY 50% IS FULLY IMPLEMENTED ON 1 July 2019. Capex is about RM10 mil. No more teething problem as Co know what to do

• Reliance on Optiro JORC Report of gold content of 2.72 gram per ton

• Current Aquaculture of fish business just breakeven and has no material impact on the overall P&L

TAYOR

today is still the natural upside..not unusual..when the telegram group coming in..you will see thr graph flying up... look at dayang, naim, huann,Pe and etc

i think easy easy 50-60kg for FEB production.. once TH stop selling.. you will see price above 80s/50s

Go and read at bursa annoucement

Heard 100KG for FEB .. How true? Lets wait

look good.. owesome result

True... if don't hv passion to wait.. sell n take profit..

The important of bahvest now is on their profit margin.. If they can achieve 30% margin.. 60M revenue for 2019 will be thier killing as their profit will be around 18m... of course that will be assuming their Aqua business remain breakeven.

Figure never lie.. look at their monthly productions.. thats reflect their revenue... ie.. Dec they have 31kg* RM170K.. thats 5 million revenue per month.. avg will ve RM15M perQ... compute by 4Q... annual revenue will be 60M.. that will be the record high revenue for bahvest in their entire history.

I believe they need to dispose all 90M as their objective is to clear all equity investment. So have to hold this counter

any reason why pick up on sam?