Cicakman:
Semalam Bahvest announce Dracula Buncit sent a writ (letter of demand) and statement of claim against Bahvest, Baru sekejap ini Bahvest announce Fred and gang response by a writ and statement of claim against Dracula Buncit. Permainan badminton atau table tennis.
What Fred is saying, dont talk so much la buncit, see you in court lah.

cicakman: Fred oso the director of SSW too correct.?

On this not sure la Bro, but possible, because not many Sabah PLC, so perhaps just oblige to become small supporting investor, like CSR purposes.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3367703

Woi.. why this domain now silent as hell. Fund managers, traffic jam or has not returned after Friday prayers? Or have cashed out, now enjoying on a yacht with bikini clad ladies, merry making, singing and drinking!
See above posting on Bursa Portal.
Bahvest and Southsea playing badminton, or as in the early 70's where Art is eloquence to recite poetry: Bahvest and south Sea now involved in "Pertandingan Berbalas Pantun".

Lester is the typical conservative class, esteem English gentleman, an eccentric demeanor, but not surprising, as he has the game in his pocket, a maestro they regard as the reserved and silent assassin.

KK7198, Eh Leck should not be an apprentice anymore, because of his wins in one season exceeding 40, is it not? And he is already 24. If you look at him, I think at age 40 he will still retain that boyish appearance. That said, reminds me of I Azhar. But Ismadi is more of the serious, no holds barred appearance. But no one can beat the appearance of stone cold, hold on to your breath, George Podmore. No way can you second guess what's going on in his head.

cicakman
MMH I guess,
How is Iceman business?

Kretam palm oil and related business doing OK, still profitable, naturally. His other holdings in Destini and Bor'oil not substantial. small. Yesterday his shrunken timber vehicle Priceworth (always teringat price waterhouse) made capital reduction announcement. This one they will have to inject new business, because timber is a no go due to global sustainable issues.
But Bahvest, fight- for- life takeover issue + Sandakan Move, and InnO acquires to become substantial ownership. Iceman pledged shares has only close to 4%. Never done in this manner b4 by Icemen, Since INNO is owned 100% by Kretam, so Kretam now is part owner of Bahvest. He has done changes like you indicated yesterday, and I wont be surprise if Bahvest might assume a new name later on, to take off or erase any associated linkages or stereotype to Dracula Buncit Fishmonger.

Cicakman, half an hour ago, supply energy about 30 kilovolt. Now on my delayed screen, is close to 50 kilovolt. I think he is waiting for 100 kilovolt so that he will absorb and jump to No.5 in the top 40 table. 😎😎

Cicakman: I sengaja tak nak bro, sebab tak perlu. I ada urusan lain yang i kena jalankan. Lagipun i tak involve T2 trades. Jadi i tak perlu fikirkan the minute to minute development. Hati lebih tenang dan jelas. I buat posting supaya dapat berinteraksi dengan rakan2, selingan, sementara I buat kerja at my PC. Bahvest, I sudah lockup dia dalam Genie Bottle. Tak boleh keluar selagi belum Aug 2024.

Cicakman: Market Overall volume thin today. 2nd half will improve. I think this horse might close at 25.5 today, not bad momentum.

If it absorbs the supply energy, it will be placed at no 3 top 40. Betul.? I tak ada live stream, cuma yang 15 min delayed.

You need sledgehammer or machete or C4 explosives?

Cicakman, again flight delayed, sky traffic jam, cannot move. so can meet the 6 day target?

Income
a snippet of the report:
the Board of Directors are delighted.......

Alligator security also can cause Bahvest to rise, Nest, they must position Anaconda and Komodo Lizard at the outer perimeter security office. You search and provide some good candidates for this position for the management to consider.

youarewelcome88
@blueberries...my take on cancelling the concessions............
Bro,the concession is awarded by the state govt of Sabah, and concession holder must comply with stipulations in concession agreements, which is facilities, assets and manpower. By losing Bahvest, South Sea is no more an-on going concern and therefore is in default, thus not suitable and therefore no more tenable to fulfill the requirements of the stipulated terms and conditions. But the nagging question to be addressed: who approved the Bahvest/South Sea arrangement to be allowed to co-exist on the concession or is the authority not aware that Fishmonger has hived it off to Bahvest, and because this operation is carried out in seclusion, the whole operations run on a hush-hush basis far from any scrutiny. Or is Southsea the vehicle by which Fishmonger channels pension funds for some undisclosed individuals that provided the concession approval? Fishmonger cannot use Bahvest to do this.
Its unlikely and not advisable for the state authority to be sued by Fishmonger who no longer has the capacity to deliver, but yes I agree with you, youarewelcome88, that, maybe let Fishmonger and his connections stash away the 6 mil that Kretam earlier paid as retirement funds, on condition that Fishmonger seeks the authority to surrender voluntarily the concession. and thereafter Bahvest registered as concession holder. Effective and faster, so all forms of litigation dropped. Clean Slate for Bahvest.

youarewelcome88:
Bro, I beg you save the praises, I am only a moderate person, sharing within this thread. Becos tomorrow is another battle, whose outcome is so uncertain. If Bahvest goes off the course, I might be the fallen angel 😄😁

KK7198 excerpt on article:
"Addressing Bahvest’s claims that an unidentified crew of men disrupted its operations, Southsea said it will enforce the implementation of enhanced security measures at the two entrances of the mining lease land."
If Bahvest wins Grammy award for best suspense thriller company, his alter ego the blood sucking Dracula should win Best Actor award. All these years Bahvest has not been intruded, and then it happens during this tussle and he is pretending that those Wagner mercenaries were not contracted by him. Wah, this blood thirsty creature is really sleazy and slimy.

@youarewelcome88
1) Any company that fears Litigation should not be listed. What is new about companies served with a writ and statement of claim. It comes so natural to companies that its like the need to brush your teeth in the morning. The usual response is there are 14 days to enter your appearance i.e. to tell the court and the Plaintiff that you will be coming to court to fight the suit. And how many cases have the world or this country have seen, whereby the legal process is protracted for (donkey) years before any judgement is passed.
By the fact that Kretam is seeking return of the initial 6 mil, this is already a certainty to refuse paying to Fishmonger even a single cent. If they go for court battle, would be minimum one year, And don't forget, this CO vs CO is a favorite situation for lawyers to stretch the duration of the case. Longer extended period, fees gets fatter. And in the interim,if Fishmonger bring in Wagner mercenaries for another intrusive excursion, that will create new facts to be introduced into the case. Actually the onus is on Fishmonger to behave, while Kretam will use avenues to drag the case. In this period if Fishmonger, a court cluster is ordered to defend his case in court then the MACC charges might take precedence over this Lease and tenant issue. All these are battles between lawyers on both sides. Management still continue their work with minimal disruption. Rest assured, when Kretam was younger fighting rough and tough, Fishmonger was only wearing Diapers.
2) Bro, Southsea does not own the land. He is concession holder only. Kretam knows if Bahvest is required to evict, Govt will not receive money as taxes. Fishmonger without assets and manpower, carry shovel, cangkul and water pail and dulang all by himself for DIY operation? Kretam will not pay Fishmonger one cent.
3) Fishmonger by being a rent seeker whereby approve Bahvest structures built on Southsea and then use his power to have the capacity to dictate the lease terms and conditions according to his whims and fancies. This is abuse of power, when the interest of Bahvest must be priority as the organization is entrusted under his executive powers. Perhaps dracula is an apt title for Fishmonger, becos he sucks Bahvest from the side. This is not like building rented houses and then collecting rent from the tenant. wherby land owner is not part of the household. Give it some time Securities Commission have received reports on Dracula on this pertinent issue.
4) This legal tussle between Kretam Assassins and Dracula will be a protracted battle, but will not have any significant effect on operations. Kretam is wishing that Dracula send in his band of vampires to create disturbance again, if he is foolish enough. Which i think he will.
5) Bro, our oil flagship Petronas is not short of being challenged with multiple court cases. Go into google and type out protracted cases faced by companies taking more than 5 years. Also go through financial reports of our PLC,, not difficult to spot one with impending litigation That will say it all between this Sabah gladiators mine tussle.
Companies that fear litigation should not deserve to be public listed.

The year 2023 will be inscribed in permanent memory, where the supporters of Bahvest will witness it winning the Grammy Award easily by runaway votes, hands down, as the Company with the most drama unfolding making it the best suspense thriller company in Bursa. Needles to say, those incidents unraveled since end May till Mid July are enough to throw you off your seat, if you are not harnessed by your seat belt. From here on till 31 Dec. I wonder what next. Only God Knows! And how are things being tackled and managed by Kretam Iceman and Assassins: Excellence beyond par! Well is Bahvest not the Gift of God? 😎😁

Or already people know of this historical issue thru their Facebook?😄😄

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3367611

Wow, surprising, nobody posting this positive news. Normally I will be the last to know. And usually news like this will be posted immediately when issued at bursa portal. Why,everybody already deserted this company. No one now believing in this Co? Woi, what's happening? 😄😄😄 a snippet of the report:
the Board of Directors are delighted to announce that the Group’s gold mining and processing operations have been resumed smoothly as of 6 July 2023, after the damaged water reservoir bund wall was fully restored.

Cicakman, if you watch Buncit bagi statement pada video which KK7198 uploaded yesterday, Aiyoo, hello Sabah no other better MD kah? Seperti the late Samy Vellu mentioned, Buncit adalah satu Kemaluan besar untuk negeri Sabah.😁😁😁

cicakman
This buncit really bus stop.
Sent him to interior Kalimantan to
dig gold down there and stay wth dayak tribes.

Betul Bro. Mana dia ada facility +asset + manpower sekarang nak korek. Dia bikin kerja satu orang ma, bawa cangkul dan spade dan pail of water and dulang.

@youarewelcome88, I think Fishmonger was not paid 20.4 mil, according to his initial knee jerk demand to scare Kretam Iceman. They sat down and reset the condition to a non claimable deposit of 13 mil, as terms to enter into further negotiations. The first tranche paid was the 6mil, which Bahvest wants to recover from fishmonger.
Fishmonger can only create difficulties through rough+tough measures. To undertake a corporate raid, no way, He sold due to margin call and now wants to buy higher, well he is an Ah beng indeed, if that is the case. Most probably, he is still in contention because forum members are breathing life into him, whereas in reality he has already lost the plot. Bro, itu orang got no talent or skill to be a corporate player. Best he join Bung Mukhtar, and become his PA and carry Bung's luggage when they travel together.

cicakman
Got news of buncit or his team?

So far no news bro. With this Madani Gamen, File on MACC table now maybe stacked up to height of 1 floor. Buncit still court cluster, so far no judgement yet giving his pending case NFA. Time will tell. Terus terang cerita la, ini Buncit tak ada standard as MD or CEO. Lebih baik dia jadi politician saja.

cicakman
Now is Money Matters.

Bro, not enough! Now is money matters, backed by Gold, sign sealed and delivered by Bahvest, and endorsed and guaranteed by Bank Negara. 😎😄

IlmuKhodam
RT: BRICS is set to introduce,,,,,,,
Bro, Ruble and Yuan become Taiko, because they hold gold reserves. US will switch off their minting machine, because their US dollar will be devalued to god knows what level.
In five years time USD /RGT relationship will be upside down. And and.......
Bahvest will be an institutional stock backed by Bank Negara. 😁😁😁
Could this happen Bro? I am only layman, not knowing much about currency.

youarewelcome88
The fish monger is History... He has buried himself. I am sorry for you

Fish Monger has not seen yet LOD (Letter of Demand) which is on the way to his table: Plant equipment damages in lieu of intended malice to destroy property, and plant temporary impairment causing lost production and thus lost income generation. Equipment 1.5 M, Impairment causing lost income: RM 0.5 M per day x 14 days = RM 7 mil.
Bahvest demand for reimbursement : 6 Mil Total Fishmonger to raise: RM 14.5 M

If like this, Fishmonger better run to the land with pygmy elephants to repent and do animal welfare care-taking.

Cicakman, flight in the air just roaming around, cannot land, airport runway full. Just now touchdown.
I checked the Gunung Mas middle Kalimantan issue. The article describe there are stacks of gold ore reserves underneath which they mined previously. And this belong to the Dutch at that time. Quite Ok settlement, I am surprised because the article say population there is about 120.000. I think if we got money, brave and a strong heart, places like that got plenty of opportunities to cari makan lah. They welcome outsiders? Hospitable place or not meaning electricity, water, communications?

KK7198, Relax Bro, we have gone thru various ups and downs and various happenstance in life, whats important is we live to fight another battle another day. In Bursa, there are no heroes, only survivors.

fl888 , youarewelcome88
I saw a glimpse of the bursa report, But have yet to read it between the lines to get a more detailed picture of things to come. Without Bahvest now, Dracula is only a rent seeker, difficult to justify as concession holder to authorities without operating.

Income:
Moon,
Dracula has no choice but to take care of pygmy elephant in Sabah in his too much free time.
https://youtube.com/shorts/HsZrlCdOnuQ?feature=share

Bro, in truth, the court sentenced him for imprisonment, but he appealed and ask to be banished to a region where he can repent and do service to community. So they found him a place to serve pygmy elephants, but far away from society, so as to prevent him from starting a new village of blood sucking vampires. Before he left to serve his sentence, I sat down together with him over a cup of tea near Tawau market. He was spotted a bit tanned on the skin now and thinner in body frame. And he cried a bit, with spots of tears rolling on his cheeks. Sad!

KK7198: Wow you are seeking a solution and answer to a million dollar question: as much as you face this below purchase value predicament, out there under the weight of varying economic pressures impacting markets, I bet you this is nothing new. Bro, there are thousands out there living with this dilemma. And to people of your stature and exposure to multi-variable experiences, I reckon this disparity you encounter is not of major concern.
My recommendations:
1) Conservative, no knee jerk or spur of the moment decisions, no looking back and providing a 5 year time horizon, and focus on categories.
2) Allianz and Panamy: in my opinion maintain. I consider Bursa has reached near bottom, Bro, Our dilemma now stems from the uncalled for economic shutdown for about 2 years. What we are going thru now is the reality and physical pain from that decision. I foresee in another 2 years, in 2025 we will gather strong momentum. But the only reservation is that our companies are less exciting now because of the nature of the business, sort of mundane and boring, like difficult to see them answering questions like what next for future growth. Panamy and Allianz will improve, if CI climbs.
3) the gloves need to be tweaked. In my opinion they have lost their appeal. In fact COVID only provided them the temporary reprieve before the spiral ride down began: 2 indicators a) The glove player Hartalega who originally provided livelihoods resulting in the development of a township at Ijok, made a big decision of taking a big hit, closing ops at IJOK, and rationalizing production focus at the Nilai Plant. (b) Giants Top G, Harta, Kossan, Supermax in total perhaps about 150 manufacturing plants and the other me too manufacturers create supply overcapacity.
Criteria to rectify disparity of glove share inventory value should be % increase/decrease not rgt/ sen differences. I am not sure, how much is the % reduction in your glove prices, but in my opinion the more nagging issue is the condition of market demand versus manufacturer oversupply. The agony is further aggravated by global manufacturers mostly located in this country and listed in Bursa. And overcapacity is a sticky problem.
For gloves, do an impairment exercise, sell and convert to Industrial products, sub-sector Metals, none other than Bahvest. Bahvest still only new kid on the block. Yet to reach maturity. Alternatively, you might consider carrying out this exercise by stages,
Most of all, lets hope for the best.

kk7198
Cicak Bro, rare earth too. This one is very precious mineral in future when China's rare earth is slowly depleting. China now controls 60% of world output.

Bro, if the video at BT. Mantri describes Bahvest, then that is only the tip of the Iceberg. The beginning. When you consider rare earth, that would make Bahvest a new runner at the starting gates that would give the top 10 miners, like Glencore and Rio Tinto,a run for their money. Fuyoh.... why not, imagination is the precursor to hope. Bro, in the near future, institutional stock. Hmmm. we bought at the beginning 20/25 sen. Do we allow institutions to chase for this stock. Oh why not, go ahead, buy as much as you want to.....😄😁😂

kk7198
Bahvest , the next Equinox.
Most common feature about both: The Gift of God.

cicakman
Why that place was name
"Gunung Mas" you can check the interesting history behind it.
So some place in Boreno have good quantity of golds.

hmm, interesting, will do some checking up.

kk7198
moon n cicakman, no wonder by hook or by crook, Dracula still wants back Bahvest. Watch Dracula told all to the newsman. Surely Bahvest is otw to Flemington, Melbourne.

Bro, I dont want to seem prejudice, but aiyoo... to let Dracula continue as MD, after listening to him talk, under the helm of Dracula, I think Bahvest will go nowhere, dead end. A suitable next move for Dracula would be in politics. If the interview did not identify Dracula by title,, and if I was being new to the issue, I would guess that Dracula was one of the mining supervisor at the processing plant. He reminds me much about his statesman: Bung Mukhtar.

Income
Dracula son does gld dredging in Land next to Bv. OMG
https://youtube.com/shorts/GXm9UXyb3l0?feature=share

VK lingam correct, correct correct,, Now no Bahvest, so DIY la. Sampai tua la itu Dracula.

Unique juga Bro, your experience. So now at least we know what lies in the playground for Bahvest to tackle and expand.

Ikan apa itu bro, takkan itu gold fish people usually rare as fish exhibit.

cicakman
Bro,I visited PT Minamas Kalimantan n PT Salim Sumatera to do Astnomet works for late Dat.Khalid bah 🤣
Sandakan Bay and whole of Sabah bah

So bro, There are settlements in Kalimantan. Bro, conditions dekat situ, kalau you estimate is it like in the 60's or 70's. So there are accessible roads, by 4WD?

Wah, cicakman valuable info, you punya travel in least known parts of the world, seems intriguing. You macam itu Raiders of the Lost Ark.

FYI Mr Robert Waters, I am not even looking at any trading screen. I am least perturbed with what happens to the share market daily. I am doing my work now which i enjoy. And part and parcel of enjoyment in my life is when i sit around in conversation with friends, regardless, whether virtual or in person.
Looking at trading screens, bro, is not my preoccupation.

Cicakman, if gangster disturbance, I think small matter, Uncle also not short of Taiko's in his phone book. For all we know if the 2 gangster group meet, Uncle's assasin will whack sapu all.
Bro, If underneath is rich in gold and other minerals, if geological exploration is conducted in other areas in Sabah, you ingat possibly ada minerals? I think so. Same land mass bukan? Bro the whole continental shelf yang bersempadan Sabah Saeawak Kalimantan,, I think Virgin la, Maybe orang tak berani atau belum explore using current day technology.

Cicakman;
Dia punya interest ni strong, bro, Kalu tidak hostile takeover untuk apa? Bro, Sabah ni masih virgin lagi ke dari segi prospecting for minerals? I think BV maybe the first few players that is looking to the future? Bro, in your opinion, Sabah started into major mining bila?
Bro, kalau ini counter nak scam pun, bagus juga. Cepat sikit kita boleh capai kita punya target price and sayonara.

cicakman
Chartwise says possible by Friday can see something more positive.

Bro, volume now daily not so huge anymore. Which I think is good. Senang sikit market maker mau goreng dalam WoK. If ada ramai short run players, halfway setengah jalan minta berhenti goreng la, sebab nak keluar, sebab tak boleh tahan panas. Kalau ramai orang tak percaya ini counter lagi bagus. Jadi market maker tak ada interference.

kk7198
https://www.racingandsports.com.au/thoroughbred/horse/equinox/1765418

The sire of Equinox is the grandson of Sunday Silence. After his retirement from racing, Sunday Silence attracted little support by breeders in the United States and was exported to Japan. He was the Leading Sire in Japan on thirteen occasions.

I think our national stud farm will bungkus in the near future. Most probably bleeding profusely financially. Hope the leadership of Gomen of the day will continue just to support its on going concern. I have lost touch with the national racing scene, but i reckon it has no life compared to the 70's -late 90's. I dont even know where is the location of our Selangor Turf Club now after shifting from Sg Besi., where trainers used to occupy that 2-3 star roadside Hotel.

kk7198
https://youtu.be/IjvF7gUkwG8

Bro, I rerun 3 times watching at the top of the straight: I noticed Equinox has the human response, he already knew what had to be done. Cristoffe made virtually no effort at the top of the straight to urge Equinox to accelerate. Bro, this is a smart horse, has brains that can be programmed.

cicakman
The enemy of investment is wait wait wait wait WAITING TIME.
While waiting, can choose to jalan2 cari makan.

Bro, the definition for this affliction is none other than ADDICTION. No wonder now always reporting sakit perut. This addiction is not serious, only thing it hyper drives your nervous system. Only one coffee cup, and you will be running to the Men's Room. But read signs before you enter. We don't want to hear screams of Ahhh..... Lizardman.😁😁😁

Morning coffee, itchy speculation:
KK7198: Bro if you have time, go do a short read of 10 of the biggest mining Co in the world. It includes staying champion Glencore and Rio Tinto, and 3 of the listed Co are entries from China. Their ratings, roof blowing market cap in Billions, is Equinox quality, so few hundred points higher than 2024 Melbourne aspirant, Bahvest. Their global market offerings are an assortment of various minerals, including gold and silver. KK 7198, its natural that in this world there will be opposites for everything signifying success and failures., albeit in varying unequal comparative proportions. For example, thoroughbreds success, we can name plenty, Secretariat, Equinox, Winks, and plethora of other legends. But opposites, failed investments in thoroughbreds are not short of recounting losses. On the same token, failed mining companies cited as lessons learned in articles are excellent reminders. But that does not mean that the industry is unattractive. Consider that if without the mining industry, the world is guaranteed to be still in the stone age. So its just personal preference in decision making, whether our guiding principles are successful companies or failed ones, or we accept best of both worlds while being cautiously optimistic.
It is common knowledge that gold mining, with few deposits, thus the name rare and precious metals, is not that attractive. Watch documentaries on wildcatters of gold, and confirm, the scenes will turn off any hopes of Bahvest making it to Melbourne. But why equate Bahvest only with gold. Did we? Neither did this stereotype being attributed to claims by the management,, but more so by label fixation by public perception. Seriously, if it is only gold, we are in big trouble. But conversely we will be foolish to think that Kretam Iceman is blind to this fact. He was not born yesterday.
On mineral deposits: Is Bahvest in California with near depletion of minerals. are they in china, whose rare earth is down to 60% global supply capacity. Hello, this is Sabah: the land at the nascent stage, at the inception of only being explored and tapped for mineral resources. That eastern continental shelf is considered still significantly untouched with respect to mining. If peninsular M'sia is geologically estimated to have huge reserves of rare earth, so what are the reserves in East Malaysia? East and peninsula separated by evolutionary processes, but land compositional constituents might have semblance. Only geological research has yet to make its foray into the east to determine the reserves.

KK7198, remember one of the best pump and dump story is Heng Yuan. It had all the elements of a copybook fixed horse race, especially the support of punters. and this is typically what punters shouted later on the counter: SCAM JOB. Bro, Bahvest only 23 sen, already charged with a scammer stereotype. How market maker gonna make money for his connections if the scam is planned and executed at this level. Not worth his time and effort.