Come come story time since U all miss my comments...
1. Bahvest is doing a business related to politics. It has to always play its cards right to please the government of the day. It got its license during the BN Umno days. And continued with PH Warisan. And now again our politics looks uncertain again
2. Everytime the government changes, Owner and gang will always get worried. They need to put in new time, effort and resources to please the new party in power. If the game is not played right, lots of problems will happen
3. The worst situation is like a situation today. Still undecided who is going to be the ruling party. Owner and gang needs to please both sides or maybe even more than 2 sides. No one knows for sure who will be the ruling party so bahvest will have to please everyone
4. All the above cost money, effort and time. And guess who pays for it? Hahaha
5. Patience guys. The gold mine will surely reward everyone. The world gold price is at an all time high at USD1650. Surely there is so much more to come for bahvest. How can just dig less than 1000 kgs of gold then finish? The license is also given for 30 years if I'm not mistaken
Just the feng shui kena kacau thanks to our country politics. Once the new government is formed and the owner and gang make friends with them then bahvest will surely fly...
Happy Averaging. Hope bahvest drops more... then we can buy more cheap shares. Don't think it can fall lower than recent low of 45 / 27 sens but will be very happy if it can :)
VB, that's a lot of horse shit. If you have told us you visited BV management and got some info, that would be more refreshing. Anyway, do share with us if you have other useful info apart from oft repeated buy low sell high, averaging, spare money.
Today looks like will touch or even break below 50c. As the qtr report is going to be released, let play safe rather than be brave. Price going down like will be most probably telling us that the qtr result is not a good one. So JUST STAY ASIDE.
See so many semangat people still in bahvest. So many semangat commenters. Tells us that owner and gang still need so scare so many people away. Before they can goreng... Get ready to BUY guys :)
From the price movement despite high gold price, it's almost certain that there will be impairment in the coming qtr report. How to play with LFM when only he knows when to throw in impairment and when to report bumper harvest?
If you really see the rally of gold price will continue, you should buy physical gold or long gold contract. Buying a gold miner share does not mean the share price will go directly proportional to the international gold price. Some more BV is originally a company doing marine fish. No relation to gold whatsoever. If this side of business not performing well (which i think most likely the upcoming report will show that) will drag down the company performance and its share price even the gold price is rocket up.
50c broken without any hesitation. More to come. More to come. Don’t catch the slow falling knife. It is yet to reach the bottom. Who knows next Monday will have a new low?
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
stockistlearner
903 posts
Posted by stockistlearner > 2020-02-26 15:18 | Report Abuse
Upcoming qtr result could be an ugly one. Just stay out.