Posted by nicholas99 > 2023-05-08 12:38 | Report Abuse

the way i see it.. lo path is lose-lose. they are not so dumb. i think.

Posted by joyvest > 2023-05-08 12:40 | Report Abuse

DL has nothing to lose as already highlighted in my previous notes

Posted by joyvest > 2023-05-08 12:41 | Report Abuse

DL has insinuated that the company cannot make money so many times publicly and openly.

Why? DL keeps boasting that the company has yet to dig/extract deep enough beneath the soil where he believes there are tons and tons of gold deposits to be unearthed . Hellow, do you really believe that ?

Posted by joyvest > 2023-05-08 12:42 | Report Abuse

Whoever takes over is sitting on the bombshell.
Coupled with the current lawsuit, who dares to take over ?
The rumour of take over created is just to ease the pressure of the recent slump
Once the rumour is over, the reality will set in faster than you and me could imagine

Posted by Muyutin > 2023-05-08 12:45 | Report Abuse

joyvest is one of ESOS victim

Posted by Muyutin > 2023-05-08 12:45 | Report Abuse

40++sen come with ESOS 34sen

Posted by Alankam159 > 2023-05-08 12:46 | Report Abuse

Dumb or dumber in these case is a bloody mess whoever take over sure do a choatic company

Is a lose to lose for both side included opponents. If successful looking at joyvest comment is even more devastating.

If there is ppl from both camp, they could already anaylsis from it reading over the chat....as lame man also can playing on the guess of consquences and so

Posted by Alankam159 > 2023-05-08 12:47 | Report Abuse

Lile i said even they are ppl from both side in the chat will be good for them to express their views.

On the facts and reguralities to put om debation for all to known by us is better than one surprise to another one

Posted by Muyutin > 2023-05-08 12:48 | Report Abuse

TIS IS HOW ANIMAL GET D SHARE WITH FOC

Posted by nicholas99 > 2023-05-08 12:48 | Report Abuse

they knew what would happen. even if they don't know what will happen. now already happen, so now is the next step. what they will do next? it would be crazy for them to sit around and wait for it to explode. they must have been meeting up and discussing ideas. and etc.

Posted by Alankam159 > 2023-05-08 12:49 | Report Abuse

Providing on proper discussion base on with facts and law then slander and shouting, that doesnt help for is sharaholders to understand more about it.

Be a gentleman

Posted by nicholas99 > 2023-05-08 12:50 | Report Abuse

they just want win win. must meet up and resolve it.

Posted by Muyutin > 2023-05-08 12:54 | Report Abuse

AFTER FINISH BARKING COME OUT WITH RI LIKE BORNOIL MINING COMPANY 1SEN SHARE

Posted by Alankam159 > 2023-05-08 12:55 | Report Abuse

Thats i already stated and agree with one of the commetors here to sit down discuss from further meltdown the company

Posted by Alankam159 > 2023-05-08 12:55 | Report Abuse

But judging from it too many hard core commentors statememt you could felt quite impossible at these stage

Posted by field123 > 2023-05-08 12:56 | Report Abuse

https://disclosure.bursamalaysia.com/FileAccess/apbursaweb/download?id=136446&name=EA_GA_ATTACHMENTS

A reply to Bursa Query.....

Posted by Alankam159 > 2023-05-08 12:58 | Report Abuse

Nice. Let see what commentors felt on it.

Posted by Alankam159 > 2023-05-08 12:58 | Report Abuse

For me is land issue sure do give a severe impact towards company production

Posted by Alankam159 > 2023-05-08 12:59 | Report Abuse

Weather they violate any terms in there lets those more understand the clause to comment

Posted by field123 > 2023-05-08 13:01 | Report Abuse

" The matter was put in abeyance due to the goodwill and relationship of both companies. However, the Special Notice of Intention to Move resolutions for the removal of key management persons namely, Datuk Lo Fui Ming, and the proposed convening of a members’ EGM on 25th May 2023 has triggered an adverse response from Southsea Gold. The possibility of incoming new management would certainly undo all goodwill between the respective companies "

Very obviously is a threaten to Opponent and warning to all shareholder, if you want continue the business then u need support Lo.....

Posted by vincentmin > 2023-05-08 13:12 | Report Abuse

D L will be the eventual winner. Congrats

Posted by pang72 > 2023-05-08 13:42 | Report Abuse

Still got 21c today considered lucky..

This one worst than Revenue

Posted by joyvest > 2023-05-08 13:59 | Report Abuse

Yer,worse than revenue .

Posted by Muyutin > 2023-05-08 14:00 | Report Abuse

PENYANGAK MOU CARI DUIT KOPI

Posted by Muyutin > 2023-05-08 14:01 | Report Abuse

GN3

Posted by field123 > 2023-05-08 14:12 | Report Abuse

The drama may ending soon.....most of the shareholder will force to support DL in the EGM to avoid the court fight......This is why DL so confident that he will gain the support.....

Posted by Alankam159 > 2023-05-08 14:18 | Report Abuse

Joyvest

What your comment thru the annoncement

Posted by Edge > 2023-05-08 14:28 | Report Abuse

https://www.theedgemarkets.com/node/665942

Posted by Muyutin > 2023-05-08 14:39 | Report Abuse

FL DUMP TIME

Posted by Bullballs > 2023-05-08 14:41 | Report Abuse

Korek King, u still fighting ke? Kesian. Got chance to win meh when your son also cabut alr? No wonder they say that pigs can fly.

Posted by field123 > 2023-05-08 14:41 | Report Abuse

I would suspect previously big slump of price is dump by FL if DL still holding his 16% share.......

Posted by powerup89 > 2023-05-08 14:42 | Report Abuse

Habis cerita...hohoho....

Posted by field123 > 2023-05-08 14:43 | Report Abuse

Bullballs

Lo No need fight and win already with this ugly skill.........major shareholder will prefer to support him for the continuous of business.....

Posted by field123 > 2023-05-08 14:49 | Report Abuse

At the end all back to square except the share price........all investor hurt because of this drama.....

Posted by Alankam159 > 2023-05-08 14:50 | Report Abuse

Joyvest, field123

Looking at your guys comments it seems like it should be but still havemt have a clear winner yet as fl,cfo and the gang might make another move

Or they willing to sit down to talk and bargain. Sit down lah dont quarral like little kids. Then company cam survive.

Will keep monitoring who knows cam re-entering after that

Posted by joyvest > 2023-05-08 14:50 | Report Abuse

Gathered from the latest announcement by the company,the company has openly admitted that their factory has encroached on the land illegally ( land outside their sublease agreement). What is clear is that the company has no ground to defend the case.they must pay and get out of the land. From the said announcement, it is clear that the company is unable to meet the demand from DL but hopeful to resolve at the sole mercy of DL.

DL is clearly at the upper hand now. DL can now ditate the terms as he wishes. DL might set conditions whereby he would withdraw the case on conditions that FL and gangs are never appointed as directors etc and his gangs are appointed as directors instead.

If the conditions are met ,who knows the company is operational again.

As said,the factory and gold mine(land) complement each other.without each of them,the co is of no value.

*No gold mine,no gold mining
*No factory,no gold mining
*Gold mine + factory = gold mining

Posted by nicholas99 > 2023-05-08 14:54 | Report Abuse

The compensation of RM 20.4 million demanded whilst it may be
negotiated or litigated would have a substantial impact over the cash flow
and profitability of Wullersdorf/Bahvest.

tengok. boleh negotiated. because the amount is pluck from sky.

Posted by nicholas99 > 2023-05-08 14:56 | Report Abuse

wait EGM first. see who is the management after the EGM. maybe their son and amir all in balik.

Posted by joyvest > 2023-05-08 14:59 | Report Abuse

From the latest developments,it can be concluded that the EGM will not be convened and the appointment of FL and gangs will never materialise for the obvious reason ie for the sake of the sustainability of the company.

DL is clearly the winner here .. .

Posted by Alankam159 > 2023-05-08 14:59 | Report Abuse

So you also agree dont have clear winner yet. But from the annoucement the company do admit the have tresspass on south sea land. Which mean owner have absolute right on their property for them leave or paid up.

Very cunning move. So now whats their next move. Anyone can predict?

Posted by joyvest > 2023-05-08 15:01 | Report Abuse

No need to wait for EGM to know, DL 's gangs will be appointed and DL and gang will be in full control. ...

Posted by Alankam159 > 2023-05-08 15:02 | Report Abuse

Joyvest

But no announcememt of the egm is cancel. Lets see ehats their next move. These is some extra ordinary board room tussle

Posted by joyvest > 2023-05-08 15:04 | Report Abuse

It is expected that the company will give in and succumb to the demand of DL not to appoint FL and gangs as new directors..

Its game over for FL and gangs

Posted by nicholas99 > 2023-05-08 15:06 | Report Abuse

either way. as long as it solves the dilemma now. then its good news for bahvest. no 20mil ..

Posted by nicholas99 > 2023-05-08 15:06 | Report Abuse

time to limit up.

Posted by joyvest > 2023-05-08 15:07 | Report Abuse

No need to wait for announcement.it is expected.

It can tell from your sense of judgement

Posted by Alankam159 > 2023-05-08 15:07 | Report Abuse

But need to goes thru egm for dl and the gang retain. As still need shareholder votes and fromnsome comment stated fl have the share control

Posted by nicholas99 > 2023-05-08 15:07 | Report Abuse

DL cancel the 20mil claim and remain as director.. son and amir buy in.. sapu stocks. gogogo

Posted by damansaraeagle > 2023-05-08 15:08 | Report Abuse

going up guys

Posted by joyvest > 2023-05-08 15:09 | Report Abuse

One can foretell the expected likely outcome from sense of good judgment.