BAHVEST RESOURCES BERHAD

KLSE (MYR): BAHVEST (0098)

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Last Price

0.71

Today's Change

+0.01 (1.43%)

Day's Change

0.69 - 0.75

Trading Volume

29,716,000


10 people like this.

22,687 comment(s). Last comment by cicakman 55 minutes ago

Oowa

407 posts

Posted by Oowa > 2018-08-02 23:09 | Report Abuse

Well it's coming along quite well, things are moving, it seems like the beginning of a success story.

densim

284 posts

Posted by densim > 2018-08-02 23:16 | Report Abuse

what PER are we expecting for BahVest...& how much must be the NP to achieve this PER...?...

Posted by trader2015 > 2018-08-03 06:20 | Report Abuse

This stock is uptrend, going to fly anytime. Buy and keep sure make money.

kentrade888

1,572 posts

Posted by kentrade888 > 2018-08-03 11:17 | Report Abuse

https://9shares.my/%E5%A9%86%E7%BD%97%E6%B0%B4%E6%AE%96%E6%8C%96%E9%87%91%E6%88%90%E5%8A%9F-%E5%BC%80%E5%A7%8B%E7%94%9F%E4%BA%A7%E7%B2%97%E9%87%91%E9%94%AD/

婆罗水殖挖金成功 开始生产粗金锭
01/08/2018
婆罗水殖(BAHVEST 0098)於沙巴斗湖的金矿已挖出黄金,并开始生产金银合金锭。

金银合金锭是金矿生产的粗金锭,之後将送交至炼金厂作进一步分解提炼,提出纯金及白银,每个金银合金锭重25公斤。

婆罗水殖今日向大马股票交易所报备指出,成功采出黄金後,该金矿将开始炼金。

婆罗水殖是在二零一三年六月时进军采金业,该公司获得沙巴州政府准证,在斗湖一段二百英亩土地开采黄金。

婆罗水殖股价在采到金矿消息之後涨了5仙,报RM1.35,该公司股价由今年初的70仙以下水平,一路上涨至目前的水平。

婆罗水殖截至今年三月卅一日第四季业绩出现盈利暴涨,净利按年增长214%至6799万令吉,其市值为8亿2200万令吉。


粗金錠還需進一步提煉,以提出純金和其它金屬。

ahtanis

25 posts

Posted by ahtanis > 2018-08-03 12:00 | Report Abuse

Looked like the trend is going to 1.30, hopefully to see rebound soon, good if anyone can share what's happening with this counter

Posted by trader2015 > 2018-08-03 12:22 | Report Abuse

Is normal because once always give additional share esos it will go slow after, the additional listing is on 06/08/18, slowly uptrend, if not mistaken first TP reach RM 2.00 above. Buy.

paulthesotong

2,770 posts

Posted by paulthesotong > 2018-08-06 01:17 | Report Abuse

"Expected gold reserve of the area 28h is about 6.5 tons n expected to produce a min of 3 kg of gold every day"

kentrade888

1,572 posts

Posted by kentrade888 > 2018-08-06 12:25 | Report Abuse

(早报讯)马来西亚财政部长林冠英说,他将行使财长的权力,豁免对建筑业和打金及金饰业征收销售与服务税(SST,简称销服税),以鼓励本地行业继续发展。

https://www.zaobao.com.sg/realtime/world/story20180806-881090?utm_campaign=Echobox&utm_medium=Social&utm_source=Facebook#Echobox=1533520821

robert1234

199 posts

Posted by robert1234 > 2018-08-07 09:35 | Report Abuse

good news

Posted by Vincenbravo > 2018-08-07 15:25 | Report Abuse

Rm1.20 + with free warrant of 40 sen + makes it soooo expensive to buy at almost RM1.70 !! Will join when its cheaper

robert1234

199 posts

Posted by robert1234 > 2018-08-07 15:34 | Report Abuse

??

Alvin Tan

29 posts

Posted by Alvin Tan > 2018-08-07 16:39 | Report Abuse

what happen? suddenly drop so much! any announcement

kentrade888

1,572 posts

Posted by kentrade888 > 2018-08-07 16:51 | Report Abuse

The rebound will begin tomorrow.

robert1234

199 posts

Posted by robert1234 > 2018-08-07 17:53 | Report Abuse

T3 forced sales

robert1234

199 posts

Posted by robert1234 > 2018-08-07 17:58 | Report Abuse

cheap sales today

Markkoh

46 posts

Posted by Markkoh > 2018-08-07 18:22 | Report Abuse

Lesson learned. Never play contra with this counter

ahtanis

25 posts

Posted by ahtanis > 2018-08-07 23:02 | Report Abuse

Markkoh, fully agreed with you, lot of people got trapped into the Presidential suite, I checked out in the morning with an expensive tuition fees paid for, thanks...bahvest

kentrade888

1,572 posts

Posted by kentrade888 > 2018-08-08 09:13 | Report Abuse

It's going to rebound.

powerak

161 posts

Posted by powerak > 2018-08-08 09:30 | Report Abuse

Fck.done 1.19

robert1234

199 posts

Posted by robert1234 > 2018-08-08 09:42 | Report Abuse

...........................................................

Posted by Vincenbravo > 2018-08-08 09:55 | Report Abuse

From the start i already told U all, this counter is overpriced... some super smart ppl said rm2. Even rm 2.50 Haha ! How can a counter which bleeds losses for more than 5 years and gives 0 dividends be a good counter? Something is wrong with the management. Every year make losses rearing fish. What makes U think doing gold mine they can make profit? Do U think the management will share the gold mine profit with U with dividends? The only way to make money in this counter is to buy below RM1. For both bahvest and warrant add up. Then its a good buy. Otherwise just wait. No hurry. Ask all the people who bought at 1.30 to 1.40. See how much they got burnt by buying HIGH !! Happy trading everyone and if U can make money in bahvest, U are seriously quite skilled for the share market :)

Posted by trader2015 > 2018-08-08 12:09 | Report Abuse

You are wrong Vincenbravo from your opinion, Bahvest is started for the new development gold mine, it had done so many years of survey and research to get this project done, once profit it will give dividend but don't regret if the share price shoot up.

Markkoh

46 posts

Posted by Markkoh > 2018-08-08 13:04 | Report Abuse

I think all the members in this group chat are strong supports of Bahvest! Otherwise wouldn’t be here! Maybe some have missed the boat and want to collect at lower price.

robert1234

199 posts

Posted by robert1234 > 2018-08-08 15:36 | Report Abuse

good rebound now, I bought 1.20

robert1234

199 posts

Posted by robert1234 > 2018-08-08 15:37 | Report Abuse

sold 1.37 bought back 1.20

robert1234

199 posts

Posted by robert1234 > 2018-08-08 15:43 | Report Abuse

will be good in future

robert1234

199 posts

Posted by robert1234 > 2018-08-08 15:44 | Report Abuse

I live in Sabah soo I know the situation

robert1234

199 posts

Posted by robert1234 > 2018-08-08 15:47 | Report Abuse

strong rebound loll

Oowa

407 posts

Posted by Oowa > 2018-08-08 15:49 | Report Abuse

It's really stupid to jump into conclusion by looking at the current prices

robert1234

199 posts

Posted by robert1234 > 2018-08-08 15:52 | Report Abuse

RSI BUy

robert1234

199 posts

Posted by robert1234 > 2018-08-08 15:54 | Report Abuse

RSI below 30 BUY

Oowa

407 posts

Posted by Oowa > 2018-08-08 16:08 | Report Abuse

Rm 2 is definitely not a dream

Rosmah Ali

359 posts

Posted by Rosmah Ali > 2018-08-08 16:09 | Report Abuse

tomolo 1.50 can??

lamkin

97 posts

Posted by lamkin > 2018-08-08 16:20 | Report Abuse

Patient is the key and heart must be strong with this Bahvest, little bit up down don't shit the pants la.

yiqqre

906 posts

Posted by yiqqre > 2018-08-08 16:25 | Report Abuse

The damn counter rebounded as soon as it sold.

Posted by losstillnothing > 2018-08-08 16:25 | Report Abuse

Tomorrow will adjust back 1.25...
So run now 1.30 better

robert1234

199 posts

Posted by robert1234 > 2018-08-08 16:35 | Report Abuse

see how? tomorrow

hero666

689 posts

Posted by hero666 > 2018-08-08 17:28 | Report Abuse

Yawn ~~~ collect while price is cheap, buy low sell high. Long term for the real germ, i'm not worry price plunge at all...yawn, confident investor nothing to worry; short term trader, yes, they should, so short sighted for merely earning few cent .... wait until full impact of the full production la, why hush =.="

JJrock

12 posts

Posted by JJrock > 2018-08-08 18:20 | Report Abuse

I had deleted earlier post as there were some mistakes in figures in calculating the estimate income. Strangely, no-one had corrected them.

Vital numbers:

One Ounce (1 oz) = 31.10gm (One ounce (troy) of gold converted to gram equals to 31.103 g) or 31 1/10 grams (g)
1 kilogram (1 Kg / 1000 grams ) = 32.1507466 ounces *

Gold trade Conversion: Gold is not measured in the typical (Imperial) Ounce. Precious metals, gold included, are measured in what is known as a “Troy Ounce”. Troy Ounce is used as a standard measurement that is shared among anyone that deals with the purchasing and manufacture of anything related to gold. The Troy Ounce is part of a larger measurement system for precious metals that is known as “Troy weights”.

It is important to understand: A regular Ounce is comprised of 28.35 grams. A Troy Ounce, however, is comprised of 31.1034807 grams. As you can see, there isn’t much of an overall difference between the two types of Ounces, but when it comes to gold weight, that extra 2 or 3 grams affects the size of the finished product. If you were to compare a piece of jewellery, like a ring, that weighed a standard Ounce and one that weighed a Troy Ounce the latter ring would be slightly bigger or thicker. ~Source: UK Gold Trader~ 


Note: The standard gold bar held as gold reserves by central banks and traded among bullion dealers is the 400-troy-ounce (12.4 kg or 438.9 ounces) Good Delivery gold bar. The kilobar, which is 1000 grams in mass (32.15 troy ounces), is the bar that is more manageable and is used extensively for trading and investment. The minimum purity required is 99.5% gold and be stamped with a unique serial number, the fineness, and the seal of the refiner.

Typically, Gold mines first produce rough gold, called a “dore bar”. These bars are typically about 80 percent pure gold. These dore-bars are sent to a refinery or even gold coins makes (eg. (Australia) https://www.ramint.gov.au; (Canadian) https://www.mint.ca/store/template/home.jsp) where they be refined into higher grade of gold of different forms and purity.


Gold Price: as at< 08.08.2018> Pure 24K gold with density: 19.282 g/cm3 calculated



@CURRENT USD$1,215.25 for a troy ounce OR USD38.99 per gram OR USD38,987.68 per KG


30KG=USD1,169,630.40xRM4.00=MYR4,678,521.60x12 months= MYR56,142,259.20 

50KG=USD1,949,384.00xRM4.00=MYR7,797,536.00x12 months= MYR93,570,432.00 

80 KG=USD3,119,014.40xRM4.00=MYR12,476,057.60x12 months=MYR149,712,691.20
100KG=USD3,898,768.00xRM4.00=MYR15,595,072.00x12months=MYR187,140,864.00
120KG=USD4,678,521.60xRM4.00=MYR18,714,086.40x12months=MYR224,569,036.80 



Divided by 608,550,000 shares = EPS x PE10, PE12, PE 15 = rough indicative fair share price

IMPORTANT: a) ALL figures are GROSS, still subject to cost and other variable factors; b) if spot gold jumps @USD$1,300.00 adds 6.97%; @USD$1,400.00 adds 15.2%; 3) a new mine may provide 30% reserve to reach full production capacity from any initial announcement of gold yield.


* As I said earlier, we cannot expect all those buried gold flakes/nuggets in the soil would keep popping up from the ground like pop corn in an oven and just net them freely with no cost; so the “gross” here means it is still subjected to its unknown production cost in MYR, minus 5% loyalties, discount of 20% as its initial gold bars/brick/dore-bar may only be delivering 80-85% purity. If we use a foreign listed, domestic gold miner’s 2012~2015 annual report figures for rough cost indicator, the Company presented their cost per ounce @USD300-00 for initial 5 years but its latest corporate report saw an increase from USD500 to USD600-00 possibly due to resources begins running out and has to go down one km for mining operation. In this case, Bahvest practices surface open-pit mining as suggested by RPM, so at least for the initial 5 years, its cost could be low, in addition operating as a local Company.

I got the numbers I want for last two days for my month-end bet (says anything you like). Enough, running out of usable bullets (Smile.. .)My opinion: if there are deliverable numbers: 50 (hold... or may consider sell back 1/3 and observe for another month); BUT if it is 80KG onwards (smile) or 100KG (then we can laugh all the way to the bank, hehe ..). So approaching 3rd week August, its share price should provide some indicator, I do hope 0098 can break out to whole new ground from here.

Cheers.

*

For active spot gold prices in USD and MYR you may use the site below to find actual conversion:
https://goldprice.org/gold-price-per-gram.html

paulthesotong

2,770 posts

Posted by paulthesotong > 2018-08-08 19:08 | Report Abuse

As reported the intial mining area gold reserve are 190000 troy oz n mined within 3 yrs..

Oowa

407 posts

Posted by Oowa > 2018-08-08 19:47 | Report Abuse

Hmm JRock sounds quite professional, 80-100kg, gotta watch out for the production figure.

robert1234

199 posts

Posted by robert1234 > 2018-08-09 10:47 | Report Abuse

going good

robert1234

199 posts

Posted by robert1234 > 2018-08-09 10:47 | Report Abuse

buy buy

Yael Jasper

2,178 posts

Posted by Yael Jasper > 2018-08-09 11:12 | Report Abuse

become stronger and stronger

Lim Tek Wai

2,386 posts

Posted by Lim Tek Wai > 2018-08-09 11:39 | Report Abuse

很棒

robert1234

199 posts

Posted by robert1234 > 2018-08-09 12:02 | Report Abuse

sure make money

Markkoh

46 posts

Posted by Markkoh > 2018-08-09 13:05 | Report Abuse

Don’t contra

aivee

4 posts

Posted by aivee > 2018-08-09 16:35 | Report Abuse

Thank you JJRock for your thorough professional sharing.
Although I couldn't even understand the works of it, it does look very promising.

robert1234

199 posts

Posted by robert1234 > 2018-08-13 09:44 | Report Abuse

All red

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