i have been seeing different names of ppl promoting this counter at different level of price. no matter what the ppl say, the true is this counter already being fried up in last year. sharks already got their meat and swam away. if you think this is still hopeful then pray hard it is still listed by the time it comes up again. it might need a few years for it to come back again. ask yourself if u can stuck your money here with uncertainperiod of time, then just go ahead.

i thought it already got their opening done in last week?
in fact, all the expectation on extra revenue and profit already factored into the price. share price is always well ahead of what is happening in near future.
while market sentiment is good, the price still trending in red territoty. something not right. for those thinking to invest in this counter, better think twice. not a wise move to buy into it now.

if you bought recently then your price should not be too high. just set cut loss at your comfortable level. today market sentiment is good but yet this counter still like dead fish. this shows the weaknesses of this counter. no point to park the money here while other contrucstion counters rally like mad dog.

1.40 broken! 1.30 coming.
these few days got some analysist report call buy this counter. Target from 1.7 to above 2. i urge retailers not to follow. they are making such report to con us to get it. looking at the price movement and volume, funding themselves also dont buy in.

it is going down for sure. yesterday formed a bearish engulfing candle with relatively higher volume than usual. if market u turn, we shall see below 1.40. this counter is going nowhere but sideway and downside.

All the good news are reflected in the price. Nothing more to boost up the price. These 2 days market is good but YT is still falling. If market makes a U turn YT might fall even deeper.

YT share is a dead water stock. swinging in a small range. the boss just want to maintain at this level. they have not intention to boost up the price. no captial gain no dividend. and risk of downturn. better move the bullets to somewhere else.

those grabbed at 1.51 happy lor~~~hahaha

panic selling in making

as said, price doesn't stand above 1.52 and now it is retracing. due to low volume it should be just a retrace before retest the 1.52 resistant. if there any significant event happens affect the broad the market, the price will go down more. now still not a good position to enter.

Another company linked to ex govt official. Political influence.

Friday stopped at 1.52 resistant level. Need to stand above this price then only can be convincing.

Yesterday fhe price formed a long white candle with moderate volume. It's considered a tech rebound until it breaks and closes above 1.52. If the price can stand and stay above this level and move further up then it's only considered trend reversal.

https://www.thestar.com.my/news/nation/2018/06/01/melaka-gateway-may-be-shelved-new-state-govt-not-keen-on-rm40bil-project/

company making losses but still propose for bonus issue? what kind of logic is that? to lure in buyers while the boss is selling? haha

chill guys. just let go and move on to other counters.

yongtai project is privately funded and they are not govt project. how is it going to be stopped by govt?

wow, lucky i am not greedy. sold all my portion yesterday with small profit. cukup makan enough lah. this has become a speculative counter for qucik traders. haha. the more volatility the merrier!

looks like shorting it is hell good idea. hahaha

Waiting epf to unload all then only going down again.

market still vulnerable. only selective stocks are still intact of uptremd mode. yongtai defintely not one of them as it is still at down trend for short and mid term. and for longer term, it is in sideway. not a wise move to buy in yongtai now. it is only for those bought at low and still can continue to hold.

i wonder who is still buying. really so daring. one shot 100lots, 200lots....

tomorrow might have another limit down. previously epf bought so many also kena trapped. hahaha

no rosmah can go for tun ma....hahaha

for sure is gapping down. hope not limit down. it is still a glc performs to its best level. unlike other glc even monoply also keep making huge losses.

the volume is not high. it is just to create some buy-sell events in the pricing. nothing big deal.

if later in afternoon the price doesnt recover the loss of this morning, then the trend should be going down.

one hour to wipe out the gain in last week. dont catch the falling knife. it will trend even lower! stay aside!

it is forming a triangle. Within these few days i suppose it will decide which direction to go

unless the price can go above 2.77 and stay above it. Otherwise myeg in short term still in down trending.

those get in 0.25 and still holding should be buried 12 ft under the ground.
goreng counter remain goreng. seeing some saying keep for long term investment really laugh die me. those keep making buy call are abosutely black hearted.

dont get in. the rebound is weak. no point to take the risk as upside is uncertain.

2.35 in making!

brent break high but oil counters breaking down. boss happily sell to retailers who think they are buying at discount. haha

yongtai should be testing previous low. dont buy on retrace. stay aside at the moment. low qty selling also can be very killing.

i think it is too obvious to inform the whole world the boss is keep buying. mmag boss is a cunning one. if they want to goreng, they will collect quietly. when they goreng up is their time to distribute tickets to the market.
anyway, i believe in price movement. just beware. boss know many retailers wont buy when the share is rocketing. they will buy on retrace. this is also where they will distribute their shares to the retailers.

funding is cashing out. they know retailers will only buy when price retrace which most of us consider is safer bet. however this is where the funding will sell the most to the retailers.
they will be keep selling. dont buy in at this stage. let the big boys play among themselves. we dont serve to be their vip room guests. haha

Lucky I sold. Now waiting opportunity to have a hit and run trade.
As I said, this counter only for trading. Not for investiment. Hope no one bought at 25c. otherwise got to bear for the deep red in portfolio.

just watch out. if break below opening price is defintely not a good sign.

may be that day the boss havent got the margin to be approved. not enough margin to buy, haha.

yongtai boss sold his position. although not much compare to his holding but retailer must be aware. yongtai chart wise is not convincingly good. making lower high and lower low.

beware myeg. it has formed lower high. lower low is in making. not a good time to buy in this counter.

if you open trading account with rhb they will send you daily newsletter. above is from today newsletter. just take it as reference. they are not doing any buy or sell call.

RHB making a detailed coverage on Bahvest. I believe this is why this morning price is bullish. Sell on news? haha. you decide.

Bahvest’s gold-mining operations would likely be officially commissioned by mid-2018. We believe this could spell a change of fortune for the group, with earnings inflection likely in sight after being in the red for the past four years. Management is currently wrapping up on-site preparations, with trial runs likely in May. Over the medium term, Bahvest is exploring the possibility of doubling its capacity to monetise its mineral assets, which could further boost earnings growth and visibility over the next 2-3 years. We do not have a rating on the stock.

Diversifying into mining and mineral resources. Borneo Aqua Harvest (Bahvest) completed the acquisition of a 100% stake in Wullersdorf Resources SB (WRSB) in Jan 2017. The acquisition allows the group to diversify into mining and mineral resources exploration, as well as other related businesses.

This is as WRSB was granted a sub-lease of 33 years, starting from 1 Oct 2015, to carry out mining operations on a piece of land zpanning 317.7ha in Bukit Mantri in Tawau, Sabah. WRSB started exploration and drilling works in the initial mining area of approximately 28ha (out of the total 317.7ha), prior to the acquisition by Bahvest. Its mining production is currently in the final stages of preparation, with the official commissioning likely by mid-2018.

Key takeaways from site visit. Bahvest’s existing mining site is located c.25km from the Tawau airport, and 50km from the town centre. We walked through several of its core facilities, including the laboratory, rock crusher with current capacity of 400 tonnes of ore/hour, carbon-in-leach plant with the current capacity of 1,200 tonnes/day, and other supporting amenities.

Management has allocated a capex of MYR40-45m for the current set-up, with over 90% of the allocation being utilised thus far. One of the biggest advantages the group possesses is the unique geography of its land, which comprises hills containing hydrothermal mineral deposits. The capital and operating costs for mining such areas are relatively lower vis-à-vis the conventional underground drilling and mining method, which requires the digging of a complex series of tunnels and vents.

Capacity expansion in 6-12 months. Management highlighted that upon the official commissioning of its facilities by mid-2018, the group may explore capacity expansion within 6-12 months. This may involve doubling up its carbon-in-leach capacity to around 2,400-3,000 tonnes/day at a total cost of MYR10-15m. We believe this, if it materialises, would most likely be funded internally, as the commencement of its gold-mining operations by mid-2018 would generate cash flow for the company.

Potential multi-bagger. Based on our estimation, Bahvest could be worth MYR2.30-3.10/share, assuming a 2019F P/E range of 15-20x and its existing outstanding share base. Our target multiple range implies 5-30% discounts over its peer average of 21.2x, which we deem justified, given Bahvest’s relatively smaller presence within the global mining industry. We, however, note that our back-of-the-envelope earnings projections are relatively conservative, as reflected in our mining cash cost assumption of USD500/troy ounce (vs management’s internal target of USD300-350).

myeg is not considered a high div yield company. if want to invest in such company which has low div yield but got prospect of capital gain in share price, it is good to wait until it has major correction in price.

yes, agree. dont buy in at this stage. it could trend lower.

haha. lucky i follow Ms Lim Sin footstep. sell all in last week.
Market sentiment like smelly dead fish. Don't hold until profit become losses then claiming it is for long term investment ><

it shall have support at 1.07-08. if this breaks, then shall see 1.02. 1.02 is a better choice of entry.
As today it closed the gap up created on 10/4, it will trend lower.

partly boss buy but may be mostly they sell to those chase at this level. haha