BAHVEST RESOURCES BERHAD

KLSE (MYR): BAHVEST (0098)

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Last Price

0.71

Today's Change

+0.01 (1.43%)

Day's Change

0.69 - 0.75

Trading Volume

29,716,000


10 people like this.

22,687 comment(s). Last comment by cicakman 6 hours ago

pak_tebu

106 posts

Posted by pak_tebu > 2016-04-14 12:53 | Report Abuse

jatuh lagi !!! eh pening la ni

klboy888

37 posts

Posted by klboy888 > 2016-04-18 11:29 | Report Abuse

got chance my friend told me. tips very accurate

King Musang

1,077 posts

Posted by King Musang > 2016-04-19 23:00 | Report Abuse

Chance to sleep longer yah? Yeahhhhhh

Posted by buddyinvest > 2016-04-19 23:02 | Report Abuse

Already went in last week

mondrian

381 posts

Posted by mondrian > 2016-04-20 01:08 | Report Abuse

Aledi went in last year. Lol Hope klboy is right.

pak_tebu

106 posts

Posted by pak_tebu > 2016-04-21 19:14 | Report Abuse

sampai bila la 8 kupang ni? dah tunggu nak setahun dah

Posted by Waitingapproval > 2016-04-22 14:00 | Report Abuse

Coming

klboy888

37 posts

Posted by klboy888 > 2016-05-18 11:47 | Report Abuse

very quiet this counter. any idea what is happening?

Posted by tommyleong2000 > 2016-05-18 12:09 | Report Abuse

R.I.P .... zzzzzzzzzzz

klboy888

37 posts

Posted by klboy888 > 2016-05-18 13:04 | Report Abuse

really? what happen to their mining project. minerals are up, should be great

King Musang

1,077 posts

Posted by King Musang > 2016-05-20 23:46 | Report Abuse

Another 6 months extnded to the mining proposal...looks like lot of challenges..

CUTLOST

5,178 posts

Posted by CUTLOST > 2016-05-22 15:43 | Report Abuse

PRICE LOBSTER UP UP

iman6767

25 posts

Posted by iman6767 > 2016-05-25 10:47 | Report Abuse

They rear and sell ikan. Now venture into emas. Rear and sell ikan emas is more profitable one...

pak_tebu

106 posts

Posted by pak_tebu > 2016-05-26 11:13 | Report Abuse

nampak murah dah. pak tebu macam nak beli sikit

minghong

290 posts

Posted by minghong > 2016-05-26 15:50 | Report Abuse

habis la...i rugi gao gao.....mati ni si bahvest

Posted by keluang_man > 2016-05-26 21:10 | Report Abuse

hahah..apa macam kawan kawan sudah kaya ke belum?tu laaa orang dah cakap dahhh,mana ada emas kat sini..hahahahh..

pak_tebu

106 posts

Posted by pak_tebu > 2016-05-27 09:13 | Report Abuse

beli skit skit saja. mas tu. usah bimbang

klboy888

37 posts

Posted by klboy888 > 2016-05-31 15:12 | Report Abuse

aint looking good, cut loss and sell some today

pak_tebu

106 posts

Posted by pak_tebu > 2016-05-31 15:15 | Report Abuse

kaunter gila ni. hari hari jatuh. pak tebu nak lari dah. kalah banyak pun terpaksa la tu

klboy888

37 posts

Posted by klboy888 > 2016-05-31 15:24 | Report Abuse

quarterly report doesn't look good too. not good at this moment

King Musang

1,077 posts

Posted by King Musang > 2016-05-31 22:30 | Report Abuse

Keep pushing dowm cheap cheap to buy... Gold missing.. Abu sayaf sudah curi semua..

mondrian

381 posts

Posted by mondrian > 2016-06-01 20:35 | Report Abuse

no prospect. Too bad

Posted by _OptimusPrime_ > 2016-06-01 20:38 | Report Abuse

When u look closer into the name.
Borneo. Means very lowyar
Ahqua. Means ah qua in chowkit
Harvest. U all know wat harvest bcame.

pak_tebu

106 posts

Posted by pak_tebu > 2016-06-06 16:39 | Report Abuse

ini kaunter susah la. Bursa naik hari hari, tapi langsung tak naik. 7 kupang sja

mondrian

381 posts

Posted by mondrian > 2016-06-06 20:28 | Report Abuse

Counter ni memang useless. Exit half of holding last month. Aledi make some on other counters.

klboy888

37 posts

Posted by klboy888 > 2016-06-23 09:31 | Report Abuse

end of the gold mine hope

klboy888

37 posts

Posted by klboy888 > 2016-06-23 09:32 | Report Abuse

back to fish counter

Posted by tommyleong2000 > 2016-06-23 10:03 | Report Abuse

The sun paper info is incorrect based on today annoucement

pak_tebu

106 posts

Posted by pak_tebu > 2016-06-23 10:28 | Report Abuse

mampus ni. emas da abis

jackyle

584 posts

Posted by jackyle > 2016-06-23 10:50 | Report Abuse

Panic sell now after the news out from Sun ......

Posted by cautiousinvestor > 2016-06-23 11:22 | Report Abuse

Newspaper misread the 21 June Announcement. Refer to today clarifications for your comfort.

Reference is made to Bahvest's announcements dated 21 June 2013 (“Announcement”), 8 July 2014, 8 July 2015 and 21 June 2016. Unless otherwise defined, all capitalised terms used herein shall have the same meaning as those defined in the Announcement.
Reference is also made to the article entitled “Borneo Aqua drops plans to go into mining” published in The Sun Daily on Wednesday, 22 June 2016, in particular the following sentences reproduced:
“Borneo Aqua Harvest Bhd has dropped plans to acquire Wullersdorf Resources Sdn Bhd and diversify into the exploration for minerals, mining and mining-related businesses.”
“The company said it will not request an extension of time from Southsea Gold for several proposed corporate exercises, including the acquisition of Wullersdorf Resources,diversification of its core business, increase in authorised share capital and amendments to its memorandum and articles of association to facilitate the issuance of irredeemable convertible preference shares (ICPS).”
The Board of Bahvest (“Board”) wishes to advise that the above reports are incorrect and wish to clarify as follows:
The purpose of the Co-Operative Agreement (which is now not extended) entered between Bahvest and SGSB on 21 June 2013 is to establish collaboration between Bahvest and SGSB in relation to the prospecting, exploration and extraction of various minerals (namely zinc, lead, copper, gold, silver and other base metals) and commercialisation of such minerals in an area measuring approximately 200 acres at the Locality of Bukit Mantri in the District of Tawau, Sabah, Malaysia (“Mining Site”).
The Mining Site forms part of an area covering approximately 200 square kilometres at the Locality of Bukit Mantri in the District of Tawau, Sabah, Malaysia (“Prospecting Site”) where SGSB holds a prospecting license dated 17 January 2013 received from the Sabah Lands and Surveys Department, Kota Kinabalu, Sabah (“Lands and Surveys Department”) granting approval under Section 8 of the Sabah Mining Ordinance 1960 to prospect and explore minerals, namely zinc, lead, copper, gold, silver and other base metals for a period of four (4) years commencing from 1 January 2013.
For information purposes, the prospecting, exploration, extraction and commercialisation of minerals at the Mining Site represents green field prospecting activities and Bahvest shall fulfil certain obligations pursuant to the Co-Operative Agreement within a period of twelve (12) months from the date of the Co-Operative Agreement, which includes determining whether the Mining Site contains commercially justifiable mineral resources for commercial mining. On 8 July 2014 and 8 July 2015, SGSB had agreed with Bahvest to extend the Co-Operative Agreement for another 12 months period up to 20 June 2015 and 20 June 2016 respectively to enable the Company to
continue with the due process of determining whether the Mining Site contains commercially justifiable mineral resources for commercial mining.
On 20 June 2016, the Co-Operative Agreement had lapsed and the Board resolved not to extend the duration of the Co-Operative Agreement further after taking into consideration that Bahvest had identified an alternative mining site comprising 317.7 hectars of mining land held under Wullersdorf Resources Sdn Bhd. Bahvest has announced the proposed acquisition of 100% equity in Wullersdorf Resources Sdn Bhd (“WRSB”) (“WRSB Shares”), for a total purchase consideration of RM131.0 million (“Proposed Acquisition”)
The Proposed Acquisition was announced by Bahvest through AmInvestment Bank Berhad on 20 November 2015. Bahvest and the vendors of the WRSB Shares (namely Datuk Lo Fui Ming, Mohd Amir Bin Masry and Dr. Tan Su Haw) are in the midst of fulfilling the conditions precedent (“CPs”) of the SSA. Currently both parties are at the final stage of fulfilling the CPs including finalising the relevant geotechnical and mining reports by Australian experts. Announcements will be made in due course.
For avoidance of doubt, the Co-Operation Agreement and the conditional share sale agreement pursuant to the Proposed Acquisition of WRSB are for separate purposes and are not inter-conditional upon one another and the termination of the Co-Operative Agreement does not hinder the completion of the Proposed Acquisition of WRSB.
This announcement is dated 23 June 2016.

jackyle

584 posts

Posted by jackyle > 2016-06-23 11:50 | Report Abuse

Words game..... And the share start goreng again ......

King Musang

1,077 posts

Posted by King Musang > 2016-06-23 13:06 | Report Abuse

ha ha... wait until 0.65 then goreng up.. part of the strategy to collect low mah.. aiyooo sabah counter strategy SOP!

pak_tebu

106 posts

Posted by pak_tebu > 2016-06-24 10:51 | Report Abuse

rugi la semalam jual. hari ni naik pulak

jackyle

584 posts

Posted by jackyle > 2016-06-24 17:17 | Report Abuse

Orang jatuh dia naik balik ......

King Musang

1,077 posts

Posted by King Musang > 2016-06-24 21:20 | Report Abuse

Gold all time high.... Org naik dia turun...

jackyle

584 posts

Posted by jackyle > 2016-06-28 22:27 | Report Abuse

Datuk banyak active beli balik o

mondrian

381 posts

Posted by mondrian > 2016-07-01 13:18 | Report Abuse

So?

pak_tebu

106 posts

Posted by pak_tebu > 2016-07-04 15:58 | Report Abuse

Raya dekat dah tapi masih tak naik lagi. Habis la duit raya

jackyle

584 posts

Posted by jackyle > 2016-07-04 17:05 | Report Abuse

Jatuh lagi hari ini ..... Memang duit raya kali ni Kena makan ikan

pak_tebu

106 posts

Posted by pak_tebu > 2016-07-05 08:18 | Report Abuse

mas dah naik banyak. apasal kaunter ni masih 7 kupang?

jackyle

584 posts

Posted by jackyle > 2016-07-05 12:13 | Report Abuse

Share ni Masih bela ikan pak..... Gold mining business belum Jadi lagi......

klboy888

37 posts

Posted by klboy888 > 2016-07-12 11:06 | Report Abuse

any news for bahvest ? been quiet for a long time here

jackyle

584 posts

Posted by jackyle > 2016-07-14 09:32 | Report Abuse

Back to active again..... Anyone got any news update?

kimssiat

1,088 posts

Posted by kimssiat > 2016-07-14 09:44 | Report Abuse

The news is pengoreng want it up ...

klboy888

37 posts

Posted by klboy888 > 2016-07-14 09:55 | Report Abuse

too many buyers and not enough sellers. looks interesting

jackyle

584 posts

Posted by jackyle > 2016-07-14 10:06 | Report Abuse

yeah, with volume 248K already can trigger up 12%

pak_tebu

106 posts

Posted by pak_tebu > 2016-07-14 10:09 | Report Abuse

mai dah mai dah. seronok betui pak tebu hari ni. Macam ni la baru Selamat Hari Raya

Posted by cautiousinvestor > 2016-07-14 10:24 | Report Abuse

Look at last company announcement it seems company working hard to fulfill all condition precedents for the land acquisition and approval for acquisition by Bursa on EGM circular could be is on the way. No development since 20 Nov 2015. Bursa cannot be so inefficient and it must be company reports have short comings and not meeting Bursa and SC requirements. This small co co without strong professional must have screw up somewhere as a result all our money stuck here till now. Insiders also exercise ESOS at 70 sen for 2.8 mil shares when market price was about 83 sen in May 2016. Something is cooking. Hope the company get it right now.

King Musang

1,077 posts

Posted by King Musang > 2016-07-14 12:52 | Report Abuse

Durian sudah mau masak ka? Target should be higher than last high 1.25 mai cepat kita sama2 kasi raya kaw2...

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