Posted by Vicchai > 2018-04-23 10:19 | Report Abuse

Gg

Posted by stockistlearner > 2018-04-23 10:22 | Report Abuse

it shall have support at 1.07-08. if this breaks, then shall see 1.02. 1.02 is a better choice of entry.
As today it closed the gap up created on 10/4, it will trend lower.

Posted by unclelim123 > 2018-04-23 10:31 | Report Abuse

those enter at 1.08-1.10 cheap sial jinaka

Posted by pak_tebu > 2018-04-23 10:45 | Report Abuse

habis cerita sekali lagi. apasal nak bali bila harga tinggi? tunggu 80 sen baru masuk

Posted by BlueLady > 2018-04-23 10:50 | Report Abuse

Election is coming. Buy? Sell? Or Hold?

Posted by pak_tebu > 2018-04-23 10:59 | Report Abuse

harga sekarang terlalu tinggi. pak tebu sudah jual semua. kalau lebih RM1 dan warran percuma separuh harga. harga sekarang lebih kurang RM1.50 Bahvest mana ada nilai itu. ini syarikat setiap kali rugi saja & tak ada dividend. tunggu harga jatuh dulu

Posted by stockistlearner > 2018-04-23 11:42 | Report Abuse

yes, agree. dont buy in at this stage. it could trend lower.

Posted by UncleJohn > 2018-04-23 11:45 | Report Abuse

I think no one would buy at this moment, only that idiot con some small fish and newbie..don't try to play old tricks in front of me

Posted by unclelim123 > 2018-04-23 11:56 | Report Abuse

well . UncleJohn you were right & I was wrong . clap for you

Posted by hipster > 2018-04-23 14:13 | Report Abuse

this is a loss making company, there's no reason for the price to go up at the first place. pure speculative counter.

Posted by UncleJohn > 2018-04-23 14:56 | Report Abuse

Jus sell only dun wait

Posted by stockistlearner > 2018-04-24 09:47 | Report Abuse

Bahvest’s gold-mining operations would likely be officially commissioned by mid-2018. We believe this could spell a change of fortune for the group, with earnings inflection likely in sight after being in the red for the past four years. Management is currently wrapping up on-site preparations, with trial runs likely in May. Over the medium term, Bahvest is exploring the possibility of doubling its capacity to monetise its mineral assets, which could further boost earnings growth and visibility over the next 2-3 years. We do not have a rating on the stock.

Diversifying into mining and mineral resources. Borneo Aqua Harvest (Bahvest) completed the acquisition of a 100% stake in Wullersdorf Resources SB (WRSB) in Jan 2017. The acquisition allows the group to diversify into mining and mineral resources exploration, as well as other related businesses.

This is as WRSB was granted a sub-lease of 33 years, starting from 1 Oct 2015, to carry out mining operations on a piece of land zpanning 317.7ha in Bukit Mantri in Tawau, Sabah. WRSB started exploration and drilling works in the initial mining area of approximately 28ha (out of the total 317.7ha), prior to the acquisition by Bahvest. Its mining production is currently in the final stages of preparation, with the official commissioning likely by mid-2018.

Key takeaways from site visit. Bahvest’s existing mining site is located c.25km from the Tawau airport, and 50km from the town centre. We walked through several of its core facilities, including the laboratory, rock crusher with current capacity of 400 tonnes of ore/hour, carbon-in-leach plant with the current capacity of 1,200 tonnes/day, and other supporting amenities.

Management has allocated a capex of MYR40-45m for the current set-up, with over 90% of the allocation being utilised thus far. One of the biggest advantages the group possesses is the unique geography of its land, which comprises hills containing hydrothermal mineral deposits. The capital and operating costs for mining such areas are relatively lower vis-à-vis the conventional underground drilling and mining method, which requires the digging of a complex series of tunnels and vents.

Capacity expansion in 6-12 months. Management highlighted that upon the official commissioning of its facilities by mid-2018, the group may explore capacity expansion within 6-12 months. This may involve doubling up its carbon-in-leach capacity to around 2,400-3,000 tonnes/day at a total cost of MYR10-15m. We believe this, if it materialises, would most likely be funded internally, as the commencement of its gold-mining operations by mid-2018 would generate cash flow for the company.

Potential multi-bagger. Based on our estimation, Bahvest could be worth MYR2.30-3.10/share, assuming a 2019F P/E range of 15-20x and its existing outstanding share base. Our target multiple range implies 5-30% discounts over its peer average of 21.2x, which we deem justified, given Bahvest’s relatively smaller presence within the global mining industry. We, however, note that our back-of-the-envelope earnings projections are relatively conservative, as reflected in our mining cash cost assumption of USD500/troy ounce (vs management’s internal target of USD300-350).

Posted by stockistlearner > 2018-04-24 09:48 | Report Abuse

RHB making a detailed coverage on Bahvest. I believe this is why this morning price is bullish. Sell on news? haha. you decide.

Posted by gimeng > 2018-04-24 10:09 | Report Abuse

stockistlearner....from where did u get the info that RHB has started coverage on Bahvest?

Posted by stockistlearner > 2018-04-24 10:12 | Report Abuse

if you open trading account with rhb they will send you daily newsletter. above is from today newsletter. just take it as reference. they are not doing any buy or sell call.

Posted by LMN9997 > 2018-04-24 10:22 | Report Abuse

Pak tebu miss the boat liao

Posted by KissKissCookie > 2018-04-24 14:26 | Report Abuse

Luckily I bought last two days when it was down.... lol.... Lets wait and see

Posted by UncleJohn > 2018-04-24 14:34 | Report Abuse

Dumping starts .......

Posted by stockistlearner > 2018-04-24 14:41 | Report Abuse

just watch out. if break below opening price is defintely not a good sign.

Posted by UncleJohn > 2018-04-24 14:49 | Report Abuse

No volume, just syok sendiri

Posted by Vincenbravo > 2018-04-24 15:25 | Report Abuse

Dont kena trap with just 1 news. RHB surely wont write a news for nothing. If its so good, why dont RHB buy all the available shares in the market until it reaches RM2.30 as per their target price :) Haha !! Use your brains and dont be greedy !!!

Posted by pak_tebu > 2018-04-24 15:36 | Report Abuse

Tolong beli banyak sikit yang nak beli. Bila harga jatuh kurang dari RM1 tolong menyesal dan jual kepada Pak Tebu. Terima kasih semua yang beli hari ini dengan harga lebih daripada RM1. Beli beli beli. Dengan warran percuma, harga pembelian anda hari ini lebih dari RM1.50 !!!

Posted by KissKissCookie > 2018-04-24 16:38 | Report Abuse

Personal opinion that if the Mining & Mineral Operation for Bahvest is successfully produce good result in Mid 2018, it is be a positive move in their diversification.

Posted by LMN9997 > 2018-04-27 15:24 | Report Abuse

OK now its CIMB's turn writing about Bahvest

Posted by paulthesotong > 2018-04-27 17:04 | Report Abuse

Hmm the boz got gold n fish..goldfish,, good omen.

Posted by paulthesotong > 2018-05-01 11:46 | Report Abuse

If not mistaken copper n silver.

Posted by stockistlearner > 2018-05-03 09:50 | Report Abuse

it is forming a triangle. Within these few days i suppose it will decide which direction to go

Posted by Vincenbravo > 2018-05-03 12:51 | Report Abuse

Never ending ESOS :(

Posted by stockistlearner > 2018-05-07 10:18 | Report Abuse

if later in afternoon the price doesnt recover the loss of this morning, then the trend should be going down.

Posted by Vicchai > 2018-05-07 11:46 | Report Abuse

Gg

Posted by unclelim123 > 2018-05-07 12:17 | Report Abuse

@stockislearner if later in afternoon the price doesnt recover the loss of this morning, then the trend should be going down. . << I agreed with you . rebounding liao . good luck bro

Posted by unclelim123 > 2018-05-07 13:48 | Report Abuse

technical rebound coming in next open

Posted by Vincenbravo > 2018-05-11 22:31 | Report Abuse

Monday will be the real goodbye for Bahvest !! Sabah state government most probably falls to Warisan & Gold mine wont be so smooth sailing in the future :( 80 sen also might be too expensive. Run for your life !!!

Posted by apolloang > 2018-05-11 22:35 | Report Abuse

another pump and dump stock

Posted by LMN9997 > 2018-05-14 11:16 | Report Abuse

Pump happening. Dump so far no sight yet

Posted by KissKissCookie > 2018-05-17 15:46 | Report Abuse

Price looks more stable whole week

Posted by Vincenbravo > 2018-05-17 18:41 | Report Abuse

Too much ESOS !!! Cannot finish one :(

Posted by paulthesotong > 2018-05-18 10:54 | Report Abuse

Wildwild Vest......

Posted by winwin2288 > 2018-05-18 10:54 | Report Abuse

Something BIG coming ? haha

Posted by makcik73 > 2018-05-19 19:45 | Report Abuse

Emas coming

Posted by ppginvest > 2018-05-20 08:57 | Report Abuse

chartwise still good (uptrend)
https://ibb.co/jLJb0o

Posted by fakegoldfish > 2018-05-24 10:41 | Report Abuse

MACC lead by Azam baki in Sabah. IF CM are arrested, gold concession will be investigated by MACC & probably maybe revoke. ALL Musa Aman previous concession be it FMU or any concession are to be review by MACC. Run before panic selling start!

Posted by budahsaham > 2018-05-24 11:21 | Report Abuse

hard rock.gold mining is very difficult to operate, newbie like bahvest may end incur heavy losses ....

Posted by fakegoldfish > 2018-05-24 11:29 | Report Abuse

Bahvest management never for once deliver profit for past 5 years! That tell you what kind of management they have, gold or no gold shareholders always got screwed. ESOS non stop taking shareholders for a ride!

Posted by budahsaham > 2018-05-24 11:38 | Report Abuse

remember hwgb and its tin mine?

Posted by budahsaham > 2018-05-24 12:00 | Report Abuse

bahvest just dont have the expert to run the gold mine opertion....

Posted by tcs888 > 2018-05-24 12:03 | Report Abuse

lol, quarrel also no use bro... their gold mine already got gold.. so what u need to do is wait their qtr result, if u bet the gold is out, u can buy, if u think no gold, then dont buy bahvest.. simple isnt it

Posted by fakegoldfish > 2018-05-24 13:50 | Report Abuse

Did the injection of the gold mine concession into Bahvest go thru Sabah State assembly? What are the chances of new Sabah govt investigate the whole concession?

Posted by fakegoldfish > 2018-05-24 14:11 | Report Abuse

Staronline Police looking for ex CM Musa Aman. Shit will hit the fan sooner!

Posted by Vincenbravo > 2018-05-25 11:04 | Report Abuse

https://malaysia.yahoo.com/news/macc-raiding-musa-aman-home-023405495.html