@plug, u seem know LFM so well too. Yes, i also wish i could join his team. You dont really need qualification to work for him, his PA is illiterate, one of the financial director is an unproductive alcoholic and the a/c team is the worst....account executive without any accounting knowledge, this is wat i heard from some insider.
Hahaha... Owner is a SUCCESS story of street smart and formal education is useless. He is the only uneducated in the company BUT he is the smartest when it comes to business. So hands down and involved in every single thing. He surrounds himself with educated people. If U think he is stupid try earning from bahvest and see how much U can earn from them. Its one of the hardest counter to earn in bursa. If U can earn here all the other counters kacang putih :)
@Joleong, haha I ran a business in Tawau 10 years ago, It is funny that ,Me as a west Malaysian needed to renew visa every year to stay in Sabah. Are you living in Tawau and why do you have such accurate information ? .
DTZW looks like onwer and gang have collected quite a lot by now. BUT I think will have 1 more final scare then only they will push bahvest to fly... Not teruk enough maybe. Many ppl blueblack but not yet ICU :) Then after that will fly all the way up. Have U seen the rubberband. To fly high U need to pull it soooo hard to the back below it flies... Around RM1 will be the lowest
@plug, yes am from Sabah. My bos was one of the suppliers of Wullersdorf, so we often get "update" from the insider but nothing much about BV share...haha.
@Plug Wullersdorf is the company that originally owns the land package with the gold ore. If I recall correctly, Wullersdorf was owned by LFM son, and sold to father Bahvest. And, I think I read in one of the quarterly report, that Wullersdorf only did a small sample size of soil to determine the gold grade. Yes, only 1 sample. :D
@Paulthesotong that was a nice article about LFM. Funny that the fish business is actually going down big time when he received that award. Latest 2 Quarterly report shows that Bahvest Aqua revenue is now only 2% of company revenue. Sooner later , it would just be a side hobby for LFM.
Sftong2000, thought U said they doing the gold mine totally wrong and got no hope. Then better not buy no matter what the price is. Becoz its too risky, digging blindly and no cash flow. Even if drop 35 sens, 25 sens or 10 sens also not worth... Coz they not as professional as U :)
Alamak, Dow Jones collapse. KLSE, and Bahvest would follow. Gold price has trend up for many months, but Bahvest has proven it is NOT following Gold. It is following the Fish business to long-kang.
If the boss really wants to goreng share later, they won't openly buy from the market. They will collect the shares quietly so that ikan bilis won't rush in and grab the shares from him. So don't be too optimistic when we see from the Bursa announcement that the boss is buying own shares. Most of the time they purposely want you to see it. I might be wrong. I only see the price movement and volume to judge.
only ceo knows best whether the company operates or is undervalued. right? if he thinks the company is seriously undervalued. its normal to accumulate some . right? no need to goreng lah.
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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....
Plug
3,048 posts
Posted by Plug > 2020-03-05 12:31 | Report Abuse
This is easier to read as ppl don't like to read with long long sentences