joyvest

joyvest | Joined since 2019-12-11

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The information posted in this Forum is for information purposes only. Under no circumstances shall it be construed as an offer/solicitation or recommendation to buy/sell any stocks .I accept NO responsibility or liability for loss or damage that may arise from the reliance of this information.

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2023-07-10 16:57 | Report Abuse

It is observed that despite of the negative news in many occasions, the share price went opposite as some expressed "out of sense " . It was clear that the Market makers manipulated the traded stocks by artificially creating volume and price movement. A large number of shares were seen to be bought internally to create the appearance of liquidity and attract retail buyers. However, the retail investors didnt seem to fall into the trap of buying, the market makers could not dump their shares as a result. The market makers are believed to have called for the "wolves" so much so that the retail investors no longer believe them.

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2023-07-10 16:29 | Report Abuse

Your ignorance and denial of the presence of the retail investors is larger than your loss. Since your mention of retail investors is of no significant impact on the company and their participation is not important, then the company is expected to be in hibernation for a donkey years to come .........

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2023-07-10 16:20 | Report Abuse

Your mention of retail investors to be of no impact on the company and they can be easily dismissed by the said measures is preposterous . It is widely acknowledged that Retailers can have a significant impact on the movement of share prices. Companies with low participation of retailers investors are usually in hibernation for a long long times

The existence and presence of the retail investors are important . Firstly, Retail investors often have smaller portfolios with fewer holdings compared to institutional investors. This means that their trading decisions regarding a specific stock can have a more significant impact on its price, as they are more likely to concentrate their investments in a particular company or industry.

Secondly, Retail investors tend to be more active traders compared to institutional investors. They may buy or sell shares frequently, reacting to market news, rumours or their own perceptions of the company's prospects. These frequent trades can cause short-term price movements. Their active participation can not be ignored.

Thirdly, Retail collectively make up a large portion of the overall investor base. Their combined buying or selling activity and force can cause significant fluctuations in share prices, especially for stocks with a lower market capitalization. The Market capitalisation of Bahvest is less than RM 300m

Unless FL and parties are holding more than 90% of shareholding in total, the forces of the retail investors are formidable to be reckoned with. If you offend the retail investors, basically , you can kiss and say goodbye and trade of your own accord within your own fantasy.

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2023-07-10 14:03 | Report Abuse

I am who i am at liberty to express be it positive or otherwise without favouritism and/or bias....

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2023-07-10 11:59 | Report Abuse

The company is run by BOD collectively,not single directors. The whole BOD should be collectively accountable if they are said to have their duty of care and/or fiduciary duty. It is not right to targe only one and single director. Following the investigation of MACC ,no further charges have been made against anyone as at to date . No sight and / or sign of the so called the occurrence of the " embezzlement " within the company under the previous administration. All the Accounts presented under the previous mgt have been duly audited and closely scrutinised by the public in general and BURSA.

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2023-07-10 11:42 | Report Abuse

A clear distinction must be made .

Failure to discharge the fiduciary duty as a Director is different from the wrongdoing of the Bahvest for trespassing. There are two separate issues . No one has forced Bahvest to admit its wrongdoings but Bahvest has taken its initiative to make public BURSA announcement itself. The quantum of RM 20m as a claim for compensation for the wrongdoing has been duly determined based on market rate on a fair basis. Your mention of element of " cheat " in the said claim is not tenable here.

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2023-07-10 11:27 | Report Abuse

No one is pointing at you with the gun to force you to sign the agreement. You are given with the ample time to understand the terms of the agreement, It is your onus to engage legal expert to assist you if you are ignorant of the laws. Your mention of " Duress" is just an excuse. You need to prove to the court you are not in the right frame of mind when you are signing the agreement . Basically, you need to prove you are a psychopath to that extent.

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2023-07-10 10:47 | Report Abuse

When both parties have signed the agreement in good faith and they must abide by the terms of the agreements. What the new management is doing is to waster the court's time , resources and taxpayer's money and also deplete the resources ie cash and otherwise of the company. They have taken the court for granted and it is futile for them to proceed.

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2023-07-10 10:14 | Report Abuse

What Bahvest did was nothing but just to buy time to delay the payment of the compensation of RM 20m ( of which RM 6m has been paid ) . The eventuality is expected to be the same..... Pay up what is owed. If due signed document at mutual agreement is subject to be challenged all the times, then what is the use of execution of the contractual agreement without secured protection and abiding ?

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2023-07-10 09:45 | Report Abuse

It is preposterous for Bahvest to be owned by Bank Negara, the Government will never do that in a million year for a simple reason that Gold mining often has adverse environmental impacts, such as deforestation, water pollution, and habitat destruction. Social concerns related to the displacement of local communities, human rights violations, and conflicts etc .

Instead of ownership, the Governments and regulatory bodies will increasingly toughen responsible mining practices and impose various environmental regulation on mining operations, which can increase operational costs, higher compliance costs and impact the profitability gold mining.

The Government would not step in the gold mining. To do so, it is akin to stepping its own foot into the grave.

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2023-07-10 09:23 | Report Abuse

In the view of the legal team, Bahvest is only buying time and futile to recover the amount of RM 6m which is part of the compensation sum of RM 20m for trespassing the land where the factory was erected. Bahvest has failed to pay the amount of RM 7 m which is part of the non refundable deposit of RM 13m as agreed. Legal document to that effect has been duly executed and there is no basis for the new management and party to challenge the due resolution and process conducted in a legal manner.

Bahvest as a lessee has already publicly admitted and acknowledged that they have been violating the term since inception. Hence, there is no legal basis of annulling the demand initiated by the Lessor ( Southsea). The recent incident of sabotaging the factory was believed to be motivated by the new management themselves to give wrong impression to the public that it was the making of the previous administration. The recent surge was believed to be internally motivated by the new management too in disguise to avoid the slump in the share price but of no avail, most investors including retailers have already sidelined this counter for goodness sake.

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2023-07-09 11:37 | Report Abuse

The meow pusxy said SD would be resurrected from death soon.Do you really believe her?

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2023-07-07 16:12 | Report Abuse

Blowing out someone else’s candle does not make your shine any brighter .......

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2023-07-07 09:48 | Report Abuse

In order to cover up and or divert attention on the negative news, it is observed that the demand was self- created/motivated internally this morning ,which is illusionary and unstainable. The said manoeuvre is to camouflage the " shxt " of the new management

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2023-07-07 09:41 | Report Abuse

The reader has been misled by the points on the articles /posts posted by someone here.

So far there is no existence of concession agreement in Bahvest but merely sublease agreements between the Bahvest and Southsea and wuller. There are clear distinctions between Concession agreement and Sublease agreements.

In a concession agreement, the parties involved are the government or public body and the private company who is controlled by DL and proxy of the influential force. In a sublease agreement, the parties involved are the original lessee, the sublessee, and the landlord. It is clear that the Landlord is Southsea and the subleasee is Barhvest. The Concession agreement is out of the picture in Bahvest

A concession agreement grants the private company the right to operate a business or provide a service within a specified area or facility. A sublease agreement grants the sublessee the right to occupy and use all or part of the leased premises. Bahvest as a sublessee must abide by the terms of the sublease agreement. Bahvest has violated the terms by sitting on the trespassed land for its factory etc

In a concession agreement, the private company is typically responsible for all aspects of the business, including operations, maintenance, and investment. In a sublease agreement, the original lessee remains responsible for fulfilling all obligations under the original lease agreement, while the sublessee is responsible for paying rent to the original lessee. Has sublessee fulfilled its responsibility of paying the rent . The compensation of RM 20m++ is basically the accrued rent on the trespassed land based on the market rental

In a concession agreement, the private company usually pays a fee or percentage of its revenue to the government or public body. In a sublease agreement, the sublessee pays rent to the original lessee, who is responsible for paying rent to the landlord. The concession agreement is said to be between DL and the Government and nothing to do with Bahvest. It is believed that DL through his company has regularly paid the royalty to the Government based on the output yield extracted from the said land.

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2023-07-06 19:26 | Report Abuse

All is certain is that bahvest was served upon a writ today and is in deep shxx now

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2023-07-06 16:31 | Report Abuse

Getting angry in a stressful situation is like trying to clean something with dirt.

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2023-07-06 15:58 | Report Abuse

It is learnt that other significant shareholders of Bahvest are losing patience and unhappy with the new management for their inability to address the crux of the issues to get the operation started in a smooth manner. The new management is said to jeopardise the interests of other shareholders with their vengeful and insidious approaches

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2023-07-06 15:50 | Report Abuse

To enter into further negotiation , full deposit of RM 13 M must be paid as a prerequisite condition. Any shortfall or partial payment will jeopardise the nego. RM 6 M is still falling short of RM 13M. RM 7 M must be paid before any nego process can be proceeded otherwise more lawsuits will be entertained.

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2023-07-06 11:03 | Report Abuse

Those counter claims are subject to be challenged to be determined by the court at the later stage , which could not be used to offset against the confirmed compensation of RM 7 M . Bahvest must pay 1st before the counter claims are to be heard at different intervals.

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2023-07-06 09:57 | Report Abuse

somebody is pissed off with the new management . change of management is expected to happen very soon

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2023-07-06 09:46 | Report Abuse

Even before the extraction operation starts , the cash stricken Bahvest is required to pay compensation of RM 7 million to southsea , failing which complete shutdown of operation is expected. There is a deadline for injunction. DL is expected to wait till 17th July .It is expected that the said injunction will not be extended following which DL will whack Bahvest hard .

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2023-07-06 09:16 | Report Abuse

Due to the negative news today, there has been no movement of internal selling or buying activities since morning .Hence it can be inferred that the demand and supply of this counter shares are internally self- motivated without active participation of other retailers and other investors. Basically, the retailers and other investors have already sidelined this counter.

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2023-07-06 09:08 | Report Abuse

Injunction is futile. When Bahvest is sitting on the trespassed , they are already found to be guilty. Sublease agreement spells out very loud and clear the right of lessor and lessee. Concession is out of the question here. The Big gun behind is said to be furious of the new management of meddling with the affairs they are not supposed to

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2023-07-06 07:25 | Report Abuse

Bahvest is faced with more lawsuits and bombshells ahead. Negotiation has reached stalemate without any progress and ended in bitterness.

Share price is expected to plunge and unstainable. Internal manipulation and motivation is expected.

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2023-07-05 16:00 | Report Abuse

Either both AAX and Cap A exit PN 17 together or die together. No such thing as one to exit PN 17 while the other remains in PN17. Though there are separate entities, they are associated to each other like brother and sister. do or die together , no choice for both shareholders.

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2023-07-05 10:05 | Report Abuse

In the absence of serious contenders to challenge AirAsia as a budget airline, AA is still in a position to make big money which is beyond the point here. How to resolve the the mounting debt of RM 18b++ of Cap A is the crux of the problem. It is believed that AAX has no problem to lift the PN 17 , however , AAX can not see the sister company to remain in PN 17 . AAX would try to assist Cap A one way or the other. Hence ,the shareholders of AAX must sacrifice for the sake of Cap A knowing that these two companies ( AAX and Cap A ) compliment each other in operation or otherwise.

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2023-07-04 17:50 | Report Abuse

no matter how much time is Cap A buying? it just cant not eliminate its huge negative NTA of RM -9b. Cap A is dependent on AAX for the said reduction if not elimination.

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2023-07-04 17:46 | Report Abuse

There is no issue of RP for AAX itself. AAX can redeem itself without much problem. The teethy problem is Cap A who is dependent on AAX.

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2023-07-04 17:44 | Report Abuse

Cap relies on the financial assistance from AAX . Obviously, AAX is not happy with RP of Cap A and hence Cap A need to redraft RP and ask for further time extension. Who needs who here ? please get it right

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2023-07-04 10:28 | Report Abuse

The company is not in Zero production but 60% +++ . It is a matter of time ( very soon) to restore to full production. so why fret on other insignificant issues ?

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2023-07-04 09:39 | Report Abuse

Regularisation plan( RP ) is RP . Dont mistake it as RIP

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2023-07-04 06:41 | Report Abuse

RP of Cap A has been postponed due to setback and backlash from shareholders of AAX as expected.

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2023-07-03 16:39 | Report Abuse

No sign and sight of resurrection ?

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2023-07-03 16:35 | Report Abuse

The RP of Cap A is due to be submitted by 7th July 23...... still not approved by both shareholders.... Time is running out

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2023-07-03 14:05 | Report Abuse

Have you ever seen the major competitors to Nestle producing consumers products such as PepsiCo, Unilever, Danone, Mars and Mondelez International have gone bust ? Correction for my posts above..it should be consumers products NOT commodity products.

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2023-07-03 12:22 | Report Abuse

The regularisation plan of Cap A might have been backfired by the shareholders of AAX who might not approve . There could be delay in submission of RP in view of the disapproval.

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2023-07-03 10:23 | Report Abuse

Have you ever seen a world class company engaged in production of commodity products has fallen? The reasons why the company engaged in commodity products is hard to fall have been clearly mentioned earlier. I will not reiterate here.

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2023-07-03 10:20 | Report Abuse

Basically , Nestle is in EPL while Bahvest is in English Lowest Division. Hence they are incomparable but some fellows in this room are trying hard to match them which appears to be out of proportion and mismatching.

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2023-07-03 09:46 | Report Abuse

t is a wrong perception that companies with high share prices have no room for appreciation or have reached their peaks. Company like Nestle is a world class brand with ever increasing demand for its consumers products Despite its MV of RM 131 per share, its NOSC remains as low as 245m shares . It is believed Nestle is not prepared to lower its shares through Bonus issues but cash dividend as a reward to its loyal investors. It is believed that Nestle will continue to keep its share price as high as possible without lowering it through bonus issues for the following reasons:-

1.A higher share price provides a cushion against potential takeovers or hostile acquisition ttempts. It makes it more expensive for a would-be acquirer to purchase a controlling stake in the company, serving as a deterrent in hostile takeover situations

2.A high share price can improve the company's reputation and image in the market. It signals that the company is well-managed, profitable, and reliable, increasing investor confidence and attracting potential customers, partners, and employees.

3.A high share price is often seen as a sign of success and attracts potential investors. It creates a positive perception about the company's financial health and growth prospects, increasing the likelihood of investment.

4. A higher share price can give the perception of stability and value, making the company's stock less volatile. It can attract “ long-term” and “ serious “ investors who prefer stable investments and are willing to pay a premium for shares of such companies. There is no room for speculators in Nestle unlike in Bahvest where majority of them are speculators and where the share price is so volatile that it can be plunged from one level to the another level within a day without significant news and otherwise. Such movements are believed to be motivated by the Market operator ie Inno.

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2023-07-02 18:37 | Report Abuse

The reason why Nestle share can appreciate to great extent over the years is because it is engaged in production of consumers' products meeting the needs of the spectrum of consumers unlike good mining.

1. Consumer products have a larger market demand as compared to gold, which is primarily used for investment and jewelry where the market is relatively small. The demand for consumer products is often consistent and predictable, providing more stable revenue streams for Nestle

2. Nestle can offer a wide range of products to cater to various consumer needs, allowing for diversification within the business. This can help reduce risks associated with changes in market conditions or consumer preferences.

3. The production of consumer products generally involves renewable resources and sustainable manufacturing processes. On the other hand, gold mining can lead to environmental degradation, deforestation, water pollution, and other negative impacts. Nestle involved in consumer product manufacturing is more likely to be viewed favorably by consumers who prioritize sustainability and ethical practices.Naturally its shares are favored by most investors too

4. Nestle has established strong brand recognition and loyalty among consumers. This can lead to higher customer retention rates, increased market share, and better pricing power.

5. With the handsome profits built up over the years,Nestle can afford continuously to invest in research and development to innovate and improve its products to meet changing consumer needs and preferences. In comparison, the gold mining co have limited scope for innovation and growth.

Your mention of bahvesr to strive beyond 2.50 in the foreseeable future is insane of the highest order in your fantasy. As a wise man, it is better for you to continue to invest in Nestle than Bahvest.

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2023-07-01 12:06 | Report Abuse

It is believed that the FL and new management are not prepared to hold more than 10 % of shareholding in total due to the following reasons:-

1. Inconsistent demand in both domestic and international markets, making it less stable and reliable business as compared to FL's palm oil business and the value of gold often fluctuates, making it a more volatile market.

2. The remaining lease term of the said gold mine is said to last another 15 years if not lesser. The lease on the trespassed land where the factory is erected has yet to be resolved . Furthermore , the said Gold mines have limited resources where once the gold ( hopefully no fool's gold ) is extracted, the operation becomes economically unviable.

3. Higher investment and operating costs vs uncertain output yields. The profitability is uncertain from one QR to another QR. The revenue could be easily outweighed by the high operating costs due to the uncertainty of the output yields underneath. That's why the ex-CEO kept on giving " excuse for the loss and /or in insufficient profit " by claiming that excavation was not done deep enough where there were tons and tons of gold underneath to be unearthed. How deep is deep? Nobody knows.

On the above basis, how far the company can go remains to be doubtful but someone here has claimed that it could go beyond 2.50 which is insane of the highest order. Maybe he said this in his fantasy.

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2023-06-30 09:44 | Report Abuse

The new management has been calling for pack of wolves many times like the shepherd boy calling for pack of wolves until no one in the village ever believes him. You may continue to break free but dont be nutty.....

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2023-06-30 09:28 | Report Abuse

Never in a millions years would BV get the financial support from Kenanga Investment Bank

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2023-06-30 09:26 | Report Abuse

the strong buy is illusionary and self motivated( created )

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2023-06-30 09:25 | Report Abuse

Shrimps would be trapped sooner than expected

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2023-06-30 09:15 | Report Abuse

The illusionary uptrend is just a mirage in the desert to lure you in.. it is unstainable..

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2023-06-30 09:12 | Report Abuse

It is clear that someone is trying to trap a shoal of fish with the momentum of uptrend. its illusionary

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2023-06-29 22:21 | Report Abuse

No user.Profits of both AAx and cap A made,would be used to repay huge debts.As said earlier, it takes 10 years or more to repay the huge debts of rm 17.8b of cap A as at to date.

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2023-06-29 19:51 | Report Abuse

It is believed that the sudden surge yesterday despite of the negative news of disturbance on the gold mining factory was motivated internally on purpose by the new mgt.This was to avoid the share price from being depressed again for you to buy cheap again( following the previous plummet).

Basically,the new mgt sold the shares collected cheap previously ( sudden drop) at the higher price yesterday motivated by them. Those who bought high yesterday were basically sacrifice of the lambs in the shenanigans deal motivated by the new mgt.