These are things not related to bahvest. And no one can predict. Covid 19 explode until become worldwide pandemic & and World Oil price fall to so low. Now every counter is down except for healthcare. Bahvest still doing mining. And gold price still above USD1600. So just be patient. As soon as the virus is over and market confidence is back then everything will be OK. Everyday Dow Jones drop around 1000 points... Yesterday Dow Jones fell 1400 points. If its Malaysia means our klci become 0. No more share market to play. This forum also close shop. Coz all counters become 0. Hahaha :)
Give U all 1 quiz. U think at this moment owner and gang suddenly forgot to buy anymore shares with their official account? Or they buying like crazy with their proxy accounts so they don't have to make announcements...
Onwer and Gang la buying at this moment. Just not using official account. 50+ sens owner buy U think now 30+ sens stop ah? BUY if U have spare money :)
Folks, I am officially buying into Bahvest now, as I promised you all I have been waiting at $0.35.
Would continue to buy with spare cash. More $$ coming later of this month.
Folks, I gave you an example. When in 2008/2009 stock market crash, gold and miners initially crashed with market, as it was an liquidity event. Everything on sale, and people prefer to sell "profitable" positions to cover their loss, which means they were selling golds and gold miners. But later, Gold and miner share price divert from general market and kept on making new highs till 2011.
Same pattern should repeat again. Unless Bahvest dig into low-gold region and going bankrupt, else Bahvest at low $0.3x, below $0.35, should be a good buy for risk / reward.
Look at it this way, Bahvest dropped almost 7% today, but volume is drying up only trading 3.4 million, exactly at 4-weeks average. It means less "willing" seller at current price.
Guy just be careful This Counter fundamental is said to dig Gold , How much Gold dig, u Can tell is Cheap But technically it Can even go to 15 sen. Don”t listen to people ask buy or promoting we also buy. Now is on down trend should buy when uptrend. Invest safely
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....
Vincentbravo
1,095 posts
Posted by Vincentbravo > 2020-03-12 10:10 | Report Abuse
These are things not related to bahvest. And no one can predict. Covid 19 explode until become worldwide pandemic & and World Oil price fall to so low. Now every counter is down except for healthcare. Bahvest still doing mining. And gold price still above USD1600. So just be patient. As soon as the virus is over and market confidence is back then everything will be OK. Everyday Dow Jones drop around 1000 points... Yesterday Dow Jones fell 1400 points. If its Malaysia means our klci become 0. No more share market to play. This forum also close shop. Coz all counters become 0. Hahaha :)