Really feel him so pity man. May be he sold all Malton shares and now feel regret and curse this counter is cheating and try to mislead all man here.

After 2.30pm big wave coming lo.. Flushing those short term speculators. Next Resistant 0.7, R2 will 0.74.After Qrt 2020, BJ Mall is open and can Keep for long term - RM 1.35.

P/E 10 = RM 1.20 See u there!!
Thanks for those panic selling this morning. Adding some~~

Why DWL still can hit new record?

During his four-day trip to China starting from April 24, Dr Mahathir is scheduled to meet with President Xi and Premier Li Keqiang separately for bilateral talks.

International Trade and Industry Minister Darrell Leiking; Transport Minister Anthony Loke Siew Fook; and Energy, Science, Technology, Environment and Climate Change Minister Yeo Bee Yin will accompany the PM on his trip to China.

The PM will attend the opening ceremony of the summit by President Xi on April 26, and deliver a speech at the top leaders’ roundtable discussion on the same day.

The Malaysian leader will also speak at a high-level BRI meeting the following day.

Read more at https://www.thestar.com.my/news/nation/2019/04/21/set-for-a-vital-role-at-bri-summit/#yX0TqIFjs2BAs5Ik.99

During his four-day trip to China starting from April 24, Dr Mahathir is scheduled to meet with President Xi and Premier Li Keqiang separately for bilateral talks.

International Trade and Industry Minister Darrell Leiking; Transport Minister Anthony Loke Siew Fook; and Energy, Science, Technology, Environment and Climate Change Minister Yeo Bee Yin will accompany the PM on his trip to China.

The PM will attend the opening ceremony of the summit by President Xi on April 26, and deliver a speech at the top leaders’ roundtable discussion on the same day.

The Malaysian leader will also speak at a high-level BRI meeting the following day.

Read more at https://www.thestar.com.my/news/nation/2019/04/21/set-for-a-vital-role-at-bri-summit/#yX0TqIFjs2BAs5Ik.99

Ya.. Flushing those stupid short term speculaters..Think is gambling.
As long as the fundamental there. No worry.

Sapu all the short term retails now. The next rebound soon.

If P/E 10 = 1.24
P/E still 7 only.

Go Go Go 30 sen limit up!! fifth limit up today!

I hold Malton almost 1 year.
My target is wait for the BJ mall completed in 3rd qtr 2020.
The star will shine again! The next Pavillion.

Congz to All again!
Lets wait for breaking 0.81.

Congz to All again!
Lets wait for break 1.47 then next TP 1.50.

what is the price for Gadang soon?
RM 1 !! RM 1 !! RM 1 !!
Invest today and return soon.

https://www.theedgemarkets.com/article/gadang-dwl-resources-bid-ecrl-jobs

https://www.theedgemarkets.com/article/gadang-casts-eye-ecrl-jobs

Hope can close at RM1 above today!!

wow.. Bandar Malaysia.

https://www.nst.com.my/news/nation/2019/04/480701/fishermen-see-bleak-future-penang-south-reclamation-project-approval

https://www.nst.com.my/news/nation/2019/04/480701/fishermen-see-bleak-future-penang-south-reclamation-project-approval

http://www.guangming.com.my/node/485665/%E9%81%B5%E5%AE%8818%E9%A0%85%E5%8B%B8%E5%91%8A-%E6%AA%B3%E5%B3%B6%E5%8D%97%E9%83%A8%E5%A1%AB%E6%B5%B7%E8%90%BD%E5%AF%A6

http://www.guangming.com.my/node/485665/%E9%81%B5%E5%AE%8818%E9%A0%85%E5%8B%B8%E5%91%8A-%E6%AA%B3%E5%B3%B6%E5%8D%97%E9%83%A8%E5%A1%AB%E6%B5%B7%E8%90%BD%E5%AF%A6

Total gold mining 135kg for first Qtr.
Compared to last qtr 66kg. Revenue sure increase!!

So any dividend declare news??

After sold the 25 aircraft & Next dividend will 0.12?

Buy? Bye Bye la..

Horrible~~Skin project gone it~~

Morning! forecasting the open price will 0.52-0.515~~ Good luck! Train to Busan2.

when the share price increase all feel good.
FA is main course, TA always is side dishes.

Local sub-cons are potential beneficiary. :)

Give you chance to buy more la..

Competitive output costs

Interestingly, Lo says that even if gold prices slip, Bahvest's low production cost means that it can still generate healthy margins.

Generally, the first quartile (top 25% most profitable) mining companies around the world spend about US$600 to US$700 to extract one troy ounce of gold.

Lo asserts that his costs are lower because of location and easy access to the gold deposits in Bahvest's mine.

"Our production cost is very competitive compared with other gold mines overseas and within Malaysia as our deposits are in shallow ground," he explains. The mine and production facilities are also close to a town centre and port which also helps keep costs down.

Lo also highlights that the mine has easy access to a steady supply of water, which is essential to the production process.



Increasing production

Bahvest began commercial gold mining and production in August 2018 and in the first month produced about 6.4g of gold. Lo admits that there were some teething problems to deal with.

"In the initial stages there were some problems with the production line just like any new plant," he says. One problem was that the plant was equipped to process or crush rock from which the gold would be extracted.

However, once Bahvest began clearing the soil to get to the rock, it found that the soil too contained traces of gold which it could mine.

This turned out to be a happy problem for Bahvest because its production line had to be modified to process soil rather than rock.

In the months since then, Bahvest has managed to increase its monthly production level to double digits. It reports that in January, it extracted 41.2kg of gold. Since August 2018, Bahvest has produced a total net weight of 137.4 kg of gold.

Lo says Bahvest is currently processing about 800 tonnes of ore per day which means that its production plant is at about 67% capacity.

He says the plant's total ore processing capacity is about 1,200 tonnes per day and the company is working to increase the production volume over the next few months - "We have plans to expand our production capacity as soon as we achieve the maximum production levels at our current production lines."

Ore is the raw material which contains soil, rock, gold and other materials which will be then processed to produce gold.

According to Optiro Pty Ltd - the independent geologist hired by Bahvest - the company's indicated ore gold grade is 2.72 grams per tonne.

Bahvest says that Optiro conducted its study in line with the Australasian Joint Ore Reserves Committee (JORC) standards.

Lo expects to see earnings visibility from this mine for decades to come based on the mining evaluation reports by the consultants.

He does not believe Bahvest will even finish mining the area within his lifetime.

"The independent expert reported noted that within the survey area of 28 ha - covering Bukit Mantri hill with a peak elevation of 595m and up to 330m below the natural surface - there are 6.5 tonnes of gold resources (indicated gold resources of 4.6 tonnes and inferred gold resources of 1.9 tonnes).

"The surveyed land area only represents 8.8% of our total land area of 317.7 ha. We still have the remaining area of 91.2% not surveyed," he points out.

To recap, the then Borneo Aqua Harvest diversified into mining when it acquired mining special purpose vehicle Wullersdorf Resources Sdn Bhd (WRSB), which was 70%-owned by Lo, for RM96 mil.

WRSB has a 33-year sublease to conduct gold mining operations on the 317.7 ha plot from Southsea Gold Sdn Bhd, which is also controlled by Lo. The area is part of a 1,000 ha plot to which Southsea has mining rights from the Sabah government for 35 years from Jan 1, 2014 to Dec 31, 2048. Bahvest posted a smaller net loss of RM4.2 mil in Q2FY19 compared with RM45.7 mil a year ago on the back of higher revenue of RM6.6 mil versus RM5.7 mil. FocusM

Gold prices rising

Importantly, Bahvest's growing commercial production is coinciding with the steady rise in gold prices.

On Feb 20, gold prices hit a 10-month high driven by global slowdown fears and a weaker dollar. At the close of the Asian trading session, gold was trading at US$1,345.50 (RM5,478.20) per troy ounce.

Commodity analysts are expecting prices of the yellow metal to remain strong supported by a slew of factors.

"(The) scaling back of Federal Reserve rate hike expectations, a weaker US dollar and lower US Treasury yields paint a favourable backdrop for gold prices," reports Standard Chartered Bank NY Branch precious metal analyst Suki Cooper.

"These macro factors were headwinds that capped gold's upside momentum in 2018 but are set to ease this year or even become tailwinds," she notes.

Furthermore, Cooper adds, gold has reasserted its "safe-haven status" over the past few weeks. This is amid a weaker equity market and lingering political risks such as Brexit that could expose prices to the upside, she adds.

Lo is hopeful that the stronger demand for the precious metal will help bolster the company's revenue and bottomline. "Given the current uncertainty in the global markets, gold is an asset class that will be increasingly recommended by investment professionals.

"Historically, gold has been a safe haven investment during uncertain times. We see the uptrend in gold prices as an opportunity," he says.



Competitive output costs

Hehe.. wait for the next mining report 20 Apr 2019.
If fully capacity of production will 75kg !!

https://sputniknews.com/business/201904081073910047-china-gold-buying-spree/

https://www.business-standard.com/article/international/china-on-gold-buying-spree-ups-reserves-for-the-fourth-straight-month-119040800024_1.html

Hi.. Wantousek. How u target?
Still hold GBG?

I still inside.. why worry GBG?
Good fundamental stock. Enjoy my paper gain~~~
Congz those buy WB..

Kenal trap!! gg.com

If can hit to 0.55 today then I believe the Rumours say 0.60~~ Go! Go ! Good luck to everyone!

Yu_and_Mee
I not ask u buy call!! rmb pls~~

Crazy man.. Early morning time the transaction like rocket!!

Rumours say at least hit 0.60~~ stay tune!
or at least half of Dayang~~

Time boom! Keep buying for Count down...
See who is the last escape~~ Train of Busan! so interesting!

The shark is coming~~ goreng time~
If you got sense, see this few days. Like queue to goreng, iwcity, dayang, myeg, presbdh, tecguan, lionind, huaan....Etc.. one by one up the share price.

Follow the trend and don't get the trap.

Congratulations to all stay in GBGAQRS!
Hold it and set your TP. Hope can close at 1.25!

No.... Why cannot limit up 30%.
Power ranger go go go..

Sell on news... Thanks myeg. Profit taking!

Usually he will got few days to push the price up. Retailers like to chasing. Hope can push to 1.2 or may be 1.5!!!

Sell now and buy back later !!