It is rather to play safe than play smart in this negative environment. The heavy selling in the market is not only due to the covid-19. The pull back of the broad market will definitely drag down the individual stock price. Even I am buying now, I am buying those company with good dividend payout as it is worthwhile to hold. My advice is to those thinking of buying in BV. Be patient and wait for the qtr report to release first. Don't jump in now. We might not buy at the lowest, but at least we don't stuck our money here for long period of time.
45 sens / 28 sens makes bahvest RM1.18 only today :) its back to the times when bahvest had 0 gold and gold price at USD1200 and making massive losses in the stupid fish business. Today bahvest has gold and with more than 4 quarters GREEN Profit and World Gold Price at New highs USD1600. But bahvest is giving U a chance to buy it at the exact same price when it had no gold and gold price was only USD1200. Average down and make it as low as possible :)
Don't worry Bro. Everyone now has paper loss. Even the owner and gang. My paper loss is now a few hundred thousand. Relax la. Even top 30 bursa stocks all same. Everyone is RED... Just keep averaging and remember to buy only with your spare money. Don't use contra or margin. Cheers!!
Bahvest will always be bahvest. Recession or not also not important. Just depends on onwer and gang on when to goreng. If got recession and owner announce found vein and announce quarter production 300kgs. Hahaha... U will again see the hero's coming back to buy above 70 sens... Bahvest will always be bahvest :)
Many are too focusing on the gold mining business. In fact this time the aquaculture is pulling the leg. I expect the next qtr the aqua business will be even worse as this qtr result yet to reflect the worsening condition in recent months.
Biasala, so many excited ppl means so many ppl still actively in the Bahvest Game. How la can the owner push for all of U all to sell? Surely this cunning owner and gang must release a "not so good result" to scare more ppl to sell cheap to them. Come let's look at what is good in this report... (1) Gold production this quarter has increased from previously 90 kgs to 124 kgs. Its UP (2) Our dear friend AlexTrader has a very sharp eye. The result this time is bad becoz of the cost of sales. And he is right... Why so high? When U want to scare ppl to sell cheap to the owner and gang, then that's the answer lo. U see so many people still in the Bahvest Family. If the results is so good, more and more people come and buy. Surely when high also onwer and gang know surely we will run away one. So better let U all sell first until kering then only they start to push (3) It just shows that bahvest can surely perform but the time is not now. Gold production is increasing. Revenue is UP. Just compare 2019 with 2018 and U will see how fantastic bahvest is.The only shit part is we need to wait. Aiya just hang in there and wait lo. Remember buy slowly to average down. And only use your spare money. Don't use contra or margin. And I'm super sure bahvest will fly above RM2 to RM2.50 once they goreng :) Happy Weekend Ppl and now back to watch our Malaysian Politics... More exciting than Bahvest!!
bahvest is fully manipulated counter, so despite gold index spike rocket high also useless, they control the share prices up or down. really dissapointed and wasted time if you still holding. sorry for you.
VincenBravo, you know Malaysia police can track your phone and computer IP Address to know where and who you are, right? You keep changing story of Bahvest to promote from $0.6 all way down to $0.4, and Police would check into your bank account to see where your money is coming from. If Bahvest paid you as a promoter to spread fake news, you would go to Sungai Buloh.
Sftong2000, im so so so so scared... can U tell me 1 counter which didnt drop? Klci is 10 years low at not even 1500 points. Maybe all the top 30 klci all need to go to jail also together with all the brokerage firms becoz they promoted when high and they drop more than bahvest. And also they have more volume with higher prices so they must check all the blue chips to find out where their money coming from. Hahaha !!! Izzit a weekend joke?
Sftong2000 do U know that in the USA, the Dow Jones has dropped more than 1000 points for 3 days in this week alone!!! Maybe your police needs to go to USA also.... Hahaha :) and maybe need to catch everyone there becoz they also asked ppl and promoted when it was high. Also more importantly quickly check their bank account to see where their money came from becoz they have US Dollars!!! That's 4.2+ to our ringgit. Wah soooo much lo...
Oh my god ... Bahvest 2019-Q4 only mined 124 kg Gold. And this is with the additional purchase of 6 trucks!
In 2019-Q3, it mined 95 kg Gold. In 2019-Q2, it mined 131 kg Gold.
Bahvest is doomed. With 6 additional NEW trucks, it can only mine the same amount as 2019-Q2. This says that the "ore", or the gold content in the soil, is getting less and less.
And worse, Gold price is now much higher than 2019-Q2, yet Bahvest is losing money $$ now.
As I have said a few times, many poor miners like Bahvest in the world are doing stupid mining. They never Drill and Estimate the underground resource. Just like Monkey-See-Monkey-Do, simply dig here dig there. If Bahvest dig outside of the gold-ore deposit and come up empty handed for couple months, it would just close shop. NO CASH FLOW!
Double the Trucks, Double the Expense, getting less gold grade or concentration, and now Bahvest is mining AT A LOSS.
Come next week when gold price correct, LOOK OUT!!
BAM ... Over The Cliff
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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....
DTZW 1882
339 posts
Posted by DTZW 1882 > 2020-02-28 11:27 | Report Abuse
Bought warrant also