@investor09, ???? I don't recall come across reply or comment you before.

@setia2u, totally agree with you. And rmb this is free warrant, so the bosses who hold this massively will milk out anytime they wish

LMN9997, hopefully... Hopefully you're right, by Jan 19th we will know about it. Hopefully got good news

LMN9997, are you sure? I got cheated many times by my so call sources, be careful with these rumour hearsay... I doubt they will have "record high"

plz becareful to give buy call. Now is bear market and u shout buy call .... wait until klse reflect the real index breakout below 1600, then bahvest is how much by then ?

my fren don't catch the falling knife, is quiet obvious TH or the major shareholders is throwing using their proxy. This Bahvest mainly hold by Th and Lo + his associates, who else got so much shares to throw for the last 5months?

Shout call buy.............. funny

markkoh, i dont think so. Based on their last QR for 18YQ2 mentioned low production due to "yet to start drilling and mining of the sulphide ore at the identified mining site."

with current low production, is damn obviously even on the month of NOVEMBER after 2 months, they still failed to mining at the identified site. So, by end of financial quarter March 19, plz dont be to optimistic abt having great things ahead.

Therefore, what the management promised in their writings of their prospect are indeed not very pleasing, and their credibility really concerning.

vincenbravo, oh i see. But my charting showing this falling knife will test support at 0.37 then if again breakout then it will finally linger at 0.31/0.32. Now already breakout every MA 25 and 50, short to mid term wise will not climb back 0.5. Useless manipulated counter, better go to topglove and revenue

i suspect tabung haji started to throw out through their proxy account.

vincenbravo, what do you meant by below $1 ? now is already 0.415 which mean is abt 0.83 before split. i expect it continues to goes below 0.81 support

New low, bravo to the management. We're so screwed, told y'all exactly a week ago that will reverse all its way to 0.875/0.81

Now it's true, the management it's a fk up bunch of people

thanks setia2u, didnt thought of this TH case at all until u brought up. We better monitor closely, any sudden drop, we run asap. Any court case brought up Bahvest name sure die

i just fk hate this company management, i really hate them. Keep manipulate the shares price but knowing not to attract those big funds institution and fund manager, and also not increase mining efficiency. Nowadays really hard to find companies like QL, topglove, dufu.... just do what they supposed to do, simple.

Chart Ta showing weakness, will retrace to +-0.915. And if this support still not manage to hold on, most probably will reverse all its way to 0.875/0.81. Even after split, i dont think is a good thing, will dilute and even much much harder to climb up

Good, then why need us help to comments anythings since you're sober clear lmao

Plug, what else to comments??? Now it's consolidation mode, just ask yourself do you have holding power ? Simple as that.

MusaAman, yes this is July to Sept QR.

And you are wrong about the gold production figures, plz check properly, month of Aug 2018 is 6.46KG then month of Sept is 23.69KG. Which stated is the QR total for Q2 gold production is 30.1KG.

Then followed by Oct 2018 is 12.96KG, which will be counted under Q3 and shall be announce around end Feb 2019.

So you have mixed up what "only 8kg accounted and what 36kg oct - dec...", you are a joke la fren.

Plz read the qr in details, the management decided to sold the Aug month gold production and generated revenue RM1.027 mil; but kept the 23.69KG was kept under inventories.

(A) THE MAIN REASON OF THIS QR MAKING LOSSES, also stated in the qr :
"The mining operations recorded a revenue and gross loss of RM1.027 million and RM3.346 million..... was mainly attributed to non- productive direct production cost incurred during the commissioning stage, higher depreciation as a result of the completion of the processing plant in previous quarter and also due to the low production as explained above."

(B) CONLUSION :
1. Q2 report making losses because of the mining plant to commission and completion.

2. Low production stated in qr : "yet to start drilling and mining of the sulphide ore at the identified mining site."

3. Bahvest currently have inventories of 23.7kg est value of $3.8m of revenue to bring forward to under Q3 or Q4.

4. Assume mining operation generate monthly +-30kg per month, by the end of Q4 (Oct - March 2019) will have 200kg (assume lower), revenue conservatively will have $ 30m (est. 200kg gold production for this 6mth, with assumption gold price usd $1220+-, which is relatively a low gold price).


The next coming full year also assume the same, revenue annually shall shot up to +-$50 to $60 mil !!!! (with est 300kg - 400kg annual production).

Bahvest past qr record showing that annually their revenue ranging around <20m (annually). So, you guys decide whether this current latest released Q2 report is good or bad ?

IF YOU GUYS DO NOT KNOW HOW TO READ QR, PLZ DO NOT SHIT AROUND. THANKS.

resistance at 106/111, dont think today can breakthrough it. Hope can breakout ma50 104

True by next week monday (19th) we shall know best of the monthly production report. Or i think most probably temporary will surge up the price for this egm (22th) and then altogether in one shot evening tat day release announcement for its egm results, QR, and its monthly production report. 3 things in shot.

to be precise, i sold more than half of the holding and put in QL and revenue. now left less than 30% of my original shares, waiting this egm fry up time throw it out again

i sold half and put in QL and revenue.

definitely is a con counter , for sure. If anyone followed my recmd to switch to QL, they should have earn back whatever they loss in morons bahvest, this counter is a long hold rubbish with no certain and clear prospect investor within the ownership.

The management only know fry up and down then ESOS, eventually no volume and downtrend. No need long hold this counter, no value added. Dont be trader nor long holder to this counter, avoid con counter. Go for QL, topglove, harta, penta, all these are responsible management. Ciao.

useless to hold this counter at this point, had breakout the final support line of ma120. Now officially downtrend and under such bearish market, pmetal as index component will only take hits and reverse back to 4.4/4.5 without support and no more volume can be observe in mid/short term.

Better run and hold cash, dont waste ur money and time in this counter anymore. In future better go for QL, as pmetal had very limited growing space. Run while you can.

wait for lower price if insist to invest in this counter, 0.94/0.91 would be better price. Current is obvious the fund are in outflow.

This management is not a good one, don't dream to have good future. Learnt from kyy cut loss Jaks and Sendai, choose a good responsible management company like LATITUDE, VS or LIIHEN.

wth............. last support at 0.6, breakout will fall at 0.57/0.54

http://www.theedgemarkets.com/article/sp-revises-outlook-press-metal-stable-increased-shortterm-debt

S&P Global Ratings has revised its outlook on Press Metal Aluminium Holdings Bhd from positive to stable to reflect the company's slower deleveraging and continued increase in working capital and short-term debt.


Lolz see you at 4.57 support, and hopefully pmetal got itself wash out from index component like TM, let Topglove, Harta and QL take over the place

fakegoldfish is right, this management using their internal knowledge and info fry up the price before the announcement, then now no support reverse back to $1 then 90c later. This bonus exercise until now no any egm date arrangement to be announce. Watch out this conman company, again evidence by Tabung fund manager not acquire any even the gold and bonus

conman company better refrain ursf buying in this company, i believe end next month qr also lousy until they collected enough ticket. After bonus issue, these people take profit again, then price down another round.... lousy management.

Biasalah, conman company always one day show then gostan back to 90c +-... wait another month of production report , up again..... their management seem only focus fry up and down the shares price, thats all their best at. Tabung also didnt acquires any further even though the gold is started digging, plain obvious Tabung fund manager knows whats happening

if we draw a line to line, krono is under downtrend with low vol. Is there any upcoming exciting news about this coutner?

lolz Voice up here for what bro ? u stupid or not what? Want to make ur voice count, why dont u call up their office, email them, write to them in register mail, since u r shareholder you'll entitled to question it. Or voice up in AGM and EGM, voice up in i3 platform and expect they will made known lolz

Vincenbravo, plenty counter didn't issue dividend. Some investor buy bahvest for capital returns, not necessary for the div yield. If you want to have high div yield, go somewhere else.

fake surge with no buyer and volume, watchout. Simply pure internal people who had the announcement infor want to sellout their shares lolz conman company

Watchout, bahvest always up for a day then tomorrow flushing down badly

RUN . Otherwise 3pm force sell then tomorrow another round, you all dine with zahid later on

later 3pm more force sell.... u guys buy more and hold more.... stay lockup along side with zahid la hahahahhahahaha

Pmetal need to hold very long time, and this coming Dec Bursa will reshuffle index components, most probably we will say bye2 to TM and welcome new member Topglove and Harta. I guess plantation and pmetal not performing at all, and cant contribute to index ups down, these counter will wash out from the 30 components.

Watch out. But doesn't mean pmetal not a good counter, indeed is a very strong company, jz PE too high and need a very long period of time ... 2 -3 years at least to hold.

testing MA50 @ 1.50 support again. Better monitor closely otherwise flush down to 142/140 then 129/131.

Lets continue monitor, still no buying vol, hopefully today can stand above 156/157. Today high resistance block but low support, what do you guys think??? quiet simple and risky la

downtrend with no support .....free fall. Now the price is barely lingering above MA50 and most of all, funds are out flowing without increase. Can hope only hope the sst system are awarded to myeg, otherwise price may going south to 1.42/1.39 very very very soon

Looks more like down trend, no momentum and vol to breakout. If end of today cant stand above 157/158, is very concerning already, more likely will continue its falling down. Unless got external announcement to attract buyer

Ever since pmetal struggle in index components, had no better performance already. Just facts. And contribute not much to the index ups and down also, pmetal need to long hold 2-3 years, better go buy those cheaper counter that had better return in %

Do you guys realize USD skies high now ? Pmetal Q2 qr clearly shown their net debt will continue hurting the company profit margin, this Q3 surely another deep holes of Foreign Exchange loss.... I dont unds why pmetal didnt have any single hedging fund for usd , wth are they thinking

i think we all already numb with this counter, fry up fry down by the operator, totally manipulated counter. But dont get me wrong, i still holding bahvest for almost a year plus, aiming to hold longer as i believe this company perform ..... jz felt so fed up with the company manipulate the price rather spent those time in their core biz

Guys if you unable and not much holding power for short term ( 4-6 month), better cut loss. As i told after 1.04, the next is 0.925/0.85, it will continue flush down, TA never lies.

Those idiots said 0.95 strong support is nonsense without done analysis and any home work.

103/104 imediate resistance, if unable to break through, will reverse back. Take note.

told y'all 104. Next 0.925/0.85, do wake me up when hit it. Bahvest no hope for short term, refrain yourself to catch this knife, we can only wait year end la. bahvest is such a disappointment.

See you at 1.04, wake me up when 0.9

1.1 is immediate support, otherwise see you at 104. Short term bahvest is totally no hope already.

Sure bunch of people got trapped this morning LMAO