Posted by Trader1234 > 2020-08-27 15:56 | Report Abuse

654321aaa, you are super right about VB wrong prediction! What a "pity"...not SUPER RED.

VincentBravo, you have been wrong all the while with your antiques and irresponsible comments.

It will be good that you can spend some time to look through the qtr report to understand the company better.

Posted by Trader1234 > 2020-08-27 16:15 | Report Abuse

With better understanding, your comments will hold water. If not, I am afraid you may just be empty "sounding brass".

Posted by eki_88 > 2020-08-27 16:23 | Report Abuse

Taking figures from QR, I derived estimation below:

Revenue = RM 21 million
Net profit = RM 1.88 million
So, Cost = RM 19.33 million

Revenue RM 21 million = 3110 ounce gold (88.18kg) x USD 1605 (ave. price per ounce) x 4.25 (ave USD rate)

--------------------
Assuming (conservatively) for next quarter

Production = 150 kg (5291 ounce)
Cost = RM 25 million
Gold price = USD 1800
USD rate = 4.2

Revenue = 5291 x 1800 x 4.2
= 39.99 million
Net profit = 39.99 - 25 = 14.99 million

Net profit would increase by a whopping 800% !
Hope actual result would be better than my conservative assumption.. ^_^

Posted by 654321aaa > 2020-08-27 16:36 | Report Abuse

Vincent answer my question silently...haha

Posted by VFTRADER > 2020-08-27 16:40 | Report Abuse

The so called "impairment" has been made in 2020FQ4 which is from 2020(Jan-Mar).
FY2020 will be in history.

So 2021(Apr-Jun) considered new FY for Bahvest and market will consider it start from fresh.
In future no more shit to clear....Hopefully.

Posted by eki_88 > 2020-08-27 16:44 | Report Abuse

Assuming RM14.99 million net profit is real..

Annualized Earning Per Share = 14.99 mil / 1230 mil shares x 4 quarters
= RM 0.0488

Average PE of gold mining sector = 18

You can calculate yourself how much Bahvest share 'at least' worth.. :D

Posted by Vincentbravo > 2020-08-27 17:22 | Report Abuse

Wow so happening today. Will reply tonight now busy... So wanna ask did bahvest limit up? Hahaha :)

Posted by Vincentbravo > 2020-08-27 17:25 | Report Abuse

Oh only up 1 sen and warrant 0.5 sens ah? I thought the quarter result very good. Why only up 1 sen? I think U all need to get more explanation to understand bahvest better. Only up 1 sen like not understand la... Haha :) What happen to the different ball game? Looks like same only...

Posted by vincentmin > 2020-08-27 21:27 | Report Abuse

https://www.cnbc.com/2020/08/27/powell-announces-new-fed-approach-to-inflation-that-could-keep-rates-lower-for-longer.html

Posted by Springtime > 2020-08-27 21:30 | Report Abuse

Hello, I think gold gone gila already

Posted by iamismail > 2020-08-28 08:52 | Report Abuse

Lets go and make some money IT and Tech Play .. MIKROMB

Posted by 654321aaa > 2020-08-28 11:00 | Report Abuse

Gold have been consolidated for many days , Charting format assuming going to rebound later..

Posted by 654321aaa > 2020-08-28 11:09 | Report Abuse

Printing $ nonstop with no cast, hope they can't control the price of gold in the circumstance..

Posted by vincentmin > 2020-08-28 11:45 | Report Abuse

2020 annual report released

Posted by Kok Heng > 2020-08-28 11:51 | Report Abuse

2020 anual report cover change to GOLD MINE already. Means they start to focus on GOLD!!!

Posted by Kok Heng > 2020-08-28 11:52 | Report Abuse

Should propose them to change name to GOLDVEST instead of BAHVEST

Posted by vincentmin > 2020-08-28 12:00 | Report Abuse

Good news
Lembaga tabung haji still one of the largest share holder

Posted by Kok Heng > 2020-08-28 12:00 | Report Abuse

PROSPECTS AND OUTLOOK
Through the diversification into gold mining business as core business, the Group is one of the few gold mining sites in Malaysia and the only one in Sabah. The Board is confident that this new gold mining business can enhance Group’s revenue steam and broaden its earning base in order to achieve a sustainable growth and add value to the shareholders. The gold mining operations had been commenced commercially during 30 September 2018. Wullersdorf generated higher total sales of RM85.84 million (FYE2019 RM39.38 million) represents approximately 440.58 kgs of net gold sold and 66.40 kgs of silver sold during the year. The Group expects gold mining business can contribute more future earnings as its gold production expected to improve further as it focuses on its production from the epithermal veins as their grades are higher than those extracted from the topsoil. The good trend of market value of gold was expected tend to a higher gold price in the future. The Group is also one of the leading players in the aquaculture industry in Malaysia as it is one of the biggest exporters of finfish from Sabah, targeting the key markets in the southern China region, such as Hong Kong SAR, Shenzhen and Guangzhou. Medium and small finfish farmers in and around the vicinity of the eastern Sabah waters will have to sell their fishes to the Group rather than they sell it domestically where the market could not absorb such a large volume of cultured grouper fishes. As such, the Board is fully committed to continue the Group’s existing aquaculture business despite the Group diversifying its core business into gold mining business.

Posted by Kok Heng > 2020-08-28 12:01 | Report Abuse

BUSINESS REVIEW
A. MINING OPERATION
Wullersdorf had on April 2017 started operation in mineral explorations, mining and other mining related activities on a piece of land measuring 317.7 hectares at Bukit Mantri, Daerah Tawau, Sabah. As at June 2018, Wullersdorf has explored approximately 70 hectares of 317.7 hectares. The Group has completed the construction and commissioning of the gold mine processing plant during 30 June 2018 and commercially commenced gold dore bars production during 30 September 2018. The Group started extracting gold from top soil clearing during 30 September 2018 and it just started drilling and mining the sulphide rock/ ore and with the commissioning of sulphide burner expected in the second quarter of next financial year end. Wullersdorf generated higher total sales of RM85.84 million (FYE2019 RM39.38 million) represents approximately 440.58 kgs of net gold sold and 66.40 kgs of silver sold during the year. Wullersdorf expects its gold production to improve further as it focuses on its production from the epithermal veins as their grades are higher than those extracted from the topsoil.

Posted by Bullballs > 2020-08-28 16:43 | Report Abuse

Bahvest lying low for the Sabah election else all the politicians will come and ask for money

Posted by Vincentbravo > 2020-08-29 00:22 | Report Abuse

2 more days to go and we gonna celebrate MERDEKA :) This is gonna be the best year ever with bahvest. Did U all manage to earn so much from the buy low sell high theory I tell and tell again and again... Hahaha!!! 22 sens lowest end of March and highest 84.5 sens recently. Did U buy low and sell high and make your millions? Every year bahvest will GORENG once and if U learn this simple skill U will earn millions from Bahvest :) Again my same theory for 2020, its gonna be a boring balance year for Bahvest coz the GORENG is over... BUT don't worry next year they will do it again and repeat annually :) Hahaha!! Happy Holidays everyone and to those in Sabah, ENJOY coz the circus is in town!!! And to all the new faces... I see so many lately... Welcome to the Bahvest Family and hope U all earn a lot :)

Posted by Kok Heng > 2020-08-29 10:02 | Report Abuse

Gold is going to 2100 this year

Posted by DreamGladiator > 2020-08-29 10:04 | Report Abuse

lagi tidor juga kah

Posted by DreamGladiator > 2020-08-29 10:05 | Report Abuse

still hibernating juga kah

Posted by DreamGladiator > 2020-08-29 10:05 | Report Abuse

apa daah

Posted by DreamGladiator > 2020-08-29 10:05 | Report Abuse

don't know when going to move

Posted by DreamGladiator > 2020-08-29 10:05 | Report Abuse

no idea

Posted by DreamGladiator > 2020-08-29 10:05 | Report Abuse

no clue

Posted by 654321aaa > 2020-08-29 11:01 | Report Abuse

Good ,Gold up Monday will move nicely..

Posted by 654321aaa > 2020-08-29 11:02 | Report Abuse

No worry, USD plunged then Gold definitely will rise

Posted by 654321aaa > 2020-08-29 11:07 | Report Abuse

Vincent , This time you need to buy high and waiting for higher lol... you had a wrongly prediction on BV. haha Cheers

Posted by 654321aaa > 2020-08-29 11:22 | Report Abuse

Don't be sooo confident of your own prediction, even thought world charting experts also gave up to predict on US market, BV declared good report and If Gold risen Bahvest will be higher.

Posted by Springtime > 2020-08-29 11:34 | Report Abuse

Waiting for gold to go to 2000 again and stay above there, then all old records can throw away. Will go into uncharted territory

Posted by 654321aaa > 2020-08-29 11:41 | Report Abuse

I reckon Gold will going 2000 above and break the previous record, assuming USD will plunge again.

Posted by Kok Heng > 2020-08-29 12:51 | Report Abuse

Vinvent will miss the boat this time... We are going to earn millions when gold reach 2500... And Vincent only can keep shouting and crying

Posted by Vincentbravo > 2020-08-29 13:40 | Report Abuse

Hope U all WIN a lot :) ENJOY your stay at Bahvest and Selamat Hari Merdeka everyone... Plays your bets Sir & Good Luck Sir :)

Posted by Kok Heng > 2020-08-29 14:00 | Report Abuse

Happy Merdeka!!

Posted by stonebridge > 2020-08-29 14:20 | Report Abuse

easily reach 1.00

Posted by Springtime > 2020-08-29 15:45 | Report Abuse

Vincent already untung banyak already. He is willing to let others earn

Posted by 654321aaa > 2020-08-29 18:17 | Report Abuse

I think it will be a high gold price that has never happened before, so Bahvest will has a different real show to be performed...that's why Vincent still immersed himself in old history ..( If LFM not goreng but most of the investors will buy due to good gold price )

Posted by Kok Heng > 2020-08-29 18:44 | Report Abuse

Agree, now the backgroud is different.. FED non stop printing money, US China conflict, pandemic, all these events push gold price higher and higher. Even Warren Buffet also put some bet on Gold miner. Follow the hot money, follow the trend. Thats how you earn money.

Posted by 654321aaa > 2020-08-30 15:39 | Report Abuse

It will base on Gold market, I don't think Sabah election can affect Bahvest performance..Just ignore it and buy Bahvest as many as you can on Tuesday to mencari Wang. Vincent Election is just a games for them to mencari untung untung as well.. ....hahaha

Posted by 654321aaa > 2020-08-30 15:53 | Report Abuse

Vincent , Why should you deleted your political advertising News ??...

Posted by anson938 > 2020-08-31 22:22 | Report Abuse

Gold Contract
RT-Derived
1,980.95 +6.05 +0.31%
10:18:26 - Real-time derived data. Currency in USD

Posted by 654321aaa > 2020-08-31 22:37 | Report Abuse

Tomorrow will be 2000 above..

Posted by The speculators The speculators > 2020-08-31 23:34 | Report Abuse

be careful of bahvest scammer even up usd 2500 it will never be more than rm1.00 go biy glove counter better, some more got bonus

Posted by Uncle1955 > 2020-09-01 03:04 | Report Abuse

0.525 is strong support even before the pandemic since March..believe the chart and its a good counter for investment..with a proft qr report why scare?

Posted by 654321aaa > 2020-09-01 09:58 | Report Abuse

1977... going 2000 cheers

Posted by ahlok6 > 2020-09-01 10:18 | Report Abuse

Go go go

Posted by tommyleong2000 > 2020-09-01 10:25 | Report Abuse

Gold is back ... 1990 now .. Hooray!!