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2019-06-07 09:00 | Report Abuse
*07-Jun-19*
*Technical Tracker - HLIB Retail Research*
*Trading Buy: BAHVEST-0098*
*(Last price: RM0.620, Potential upside 19.4%)*
*Company Profile*
• Bahvest is mainly engaged in fish breeding, hatchery, rearing and gold mining operations
*Trading Catalyst*
• If executed well, Bahvest is expected to stage an explosive 359% FY19-21 EPS CAGR surge to consensus FY21 EPS of 6.4sen (FY19 0.3sen), mainly driven by the booming mining business (replacing the weakening aquaculture operations amid intense competitions from China producers).
• Moreover, Bahvest is a direct proxy to the more promising gold outlook as investors are now returning to the traditional safe haven, thanks to the protracted US-China trade war, rising geopolitcal tensions, heightened fears of a global downturn coupled with sliding bond yields amid growing expectations for a Fed rate cut in 2H19.
• Valuation is undemanding at 15.9x FY3/20 P/E, 69.5% lower than 2Y average of 52.1x. Technically, the stock is ripe for a downtrend resistance breakout near RM0.645, before advancing further towards RM0.665-0.74 zones.
*Technical View*
• Resistance: RM0.645 / RM0.665 / RM0.740
• Support: RM0.600 / RM0.580
• Cut loss: RM0.575
*Key Financial Stats*
• Trading at 15.9x FY20E P/E, supported by an explosive 395% FY19-21 EPS CAGR
*Source: Bloomberg, HLIB*
*DISCLAIMER:* https://www.hlebroking.com/v3/disclaimer.aspx
2019-06-07 09:00 | Report Abuse
*07-Jun-19*
*Technical Tracker - HLIB Retail Research*
*Trading Buy: BAHVEST-0098*
*(Last price: RM0.620, Potential upside 19.4%)*
*Company Profile*
• Bahvest is mainly engaged in fish breeding, hatchery, rearing and gold mining operations
*Trading Catalyst*
• If executed well, Bahvest is expected to stage an explosive 359% FY19-21 EPS CAGR surge to consensus FY21 EPS of 6.4sen (FY19 0.3sen), mainly driven by the booming mining business (replacing the weakening aquaculture operations amid intense competitions from China producers).
• Moreover, Bahvest is a direct proxy to the more promising gold outlook as investors are now returning to the traditional safe haven, thanks to the protracted US-China trade war, rising geopolitcal tensions, heightened fears of a global downturn coupled with sliding bond yields amid growing expectations for a Fed rate cut in 2H19.
• Valuation is undemanding at 15.9x FY3/20 P/E, 69.5% lower than 2Y average of 52.1x. Technically, the stock is ripe for a downtrend resistance breakout near RM0.645, before advancing further towards RM0.665-0.74 zones.
*Technical View*
• Resistance: RM0.645 / RM0.665 / RM0.740
• Support: RM0.600 / RM0.580
• Cut loss: RM0.575
*Key Financial Stats*
• Trading at 15.9x FY20E P/E, supported by an explosive 395% FY19-21 EPS CAGR
*Source: Bloomberg, HLIB*
*DISCLAIMER:* https://www.hlebroking.com/v3/disclaimer.aspx
2019-05-24 14:08 | Report Abuse
Next time when Bahvest hit RM3 you guys will call him hero.
2019-04-16 15:04 | Report Abuse
He is buying first. Once bought enough will ask you to go in.
2019-03-13 22:27 | Report Abuse
After more bonus issues then the new formulae will be current price x4 2 free haha warrants
2019-03-12 19:23 | Report Abuse
If those are real news then we miss the boat lo
2019-03-08 09:49 | Report Abuse
The dragon is rising now. Those scared better stay away.
2019-03-06 20:53 | Report Abuse
It's an awakening golden dragon!
2019-03-05 09:12 | Report Abuse
Warrant premium is only 24% now
2019-03-04 10:40 | Report Abuse
Apparently there is a full page article on Bahvest in today's SinChew. Any one has the link?
2019-03-01 18:36 | Report Abuse
More important to note is despite TH is selling, the share price continue to rise. Power!
2019-02-26 18:53 | Report Abuse
Bro, forget about the old formula, let's look forward the existing price to 1.40.
2019-02-21 09:34 | Report Abuse
People rushing for gold, all the sellers running away from gold! lol!
2019-02-21 09:28 | Report Abuse
All numbers look very good. Just don't understand why people rushing to SELLnow. PENGSAN LA
2019-02-18 21:39 | Report Abuse
After TH finish selling, no more cheap shares.
2019-02-13 21:39 | Report Abuse
As reported in newspaper, TH will no longer invest into shares. So they will sell all shares of listed companies. all shares
2019-02-11 20:55 | Report Abuse
Once TH finish selling, there is no more overhang.
2019-02-11 10:25 | Report Abuse
Soon there will be no more 50 sens offer.
2019-02-07 19:41 | Report Abuse
So we should buy when they dump and we sell when they pump.
2019-01-24 19:53 | Report Abuse
Maybe tomorrow will go up
Stock: [BAHVEST]: BAHVEST RESOURCES BERHAD
2019-06-14 09:47 | Report Abuse
http://www.newsabahtimes.com.my/nstweb/fullstory/31606