Posted by NICKFURY03 > 2023-05-10 22:39 | Report Abuse

Lots of theory here and believe some of u r from both party….question is anyone of us here ever been to a gold mine or been to Bahvest side ? DL set up this gold mine and don’t believe anyone can simply take over the job easily……one of the guy from. DF side was the CFO and he had not raise the issue building on 3rd party land when it happens few years back ? The incoming director non of them had experience or time to visit the side …Law and Federik chong is always away and base in KL ….put aside the legal suit towards the previous management ….how long can Bahvest last without income and with debts and bank loan to service ? Without gold mine income Bahvest is just an empty shell ……as investor we should open our eyes

Posted by NICKFURY03 > 2023-05-10 22:48 | Report Abuse

Cq14134, you may be right Bahvest can sue the previous management but again such legal case take years to settle with various court to appeal….do u think Bahvest have the time with no production ? It will be tough for the new Management to take over the factory to run……

Posted by Alankam159 > 2023-05-10 22:51 | Report Abuse

True also. I alwasys belief there is ppl from there camp from both side. And today a lot of dfl gang bright comments, maybe to honour the win which set in soon.

Nickfury from what you said i do belief too that the ex cfo should knows the issue of the land dispute as it is quite an early stage. He should know quite a bit but since holding such post should alert the board too. If such important issue he is not knowledgeable during period then how much he actually knows about the company

And now since fl gang have declare they are the winner and he will sit on board as well. Then i wonder how much he could do.

As the compamy is heading to a plunge as production line problem? Can he substain the incoming finacial problem, and now sure do have finacial impact towards the balance sheet? Will bank pull umbrella and so?

Posted by cg14134 > 2023-05-10 23:31 | Report Abuse

Nickfury03, I seriously wonder whether the Bahvest BOD dares to make the RM13m (2 tranches) payment given the likely lawsuit once the new management comes especially when it is paid to a company controlled by the CEO of Bahvest.

I think FL and gang can easily fund the short term cash needs if they want to especially if it is in the form of ESOS or private placement at the current depressed price level.

I won't be surprised if the SC intervenes at some point. The sale of shares by DL's son and his partner will likely be investigated for insider trading b4 material "trespassing" announcement.

Posted by joyvest > 2023-05-10 23:53 | Report Abuse

* bahvest trepassed the land illegally, bahvest pays compensation in 2 instalments to the landlord. Whether landlord is related to bahvest is irrelevant. Bahvest is not 100% owned by DL

*DL 's son and Amir offloaded their shares after letter of demand was served upon Bahvest.your mention of insider trading is not tenable.

* Raising fund through PP during the depressed share price is unwise.the company need to issue more shares at low share price which means more shares need to be issued leading to more dilution.

Posted by joyvest > 2023-05-10 23:56 | Report Abuse

*What new mgt?

*DL ,his son and Amir are still directors in the incumbent BOD.

* no chance.

* what has changed is the extension of 30 days to 90 days

* Bahvest can continue to dig

* after 90 days,back to square 1

Posted by cg14134 > 2023-05-11 00:23 | Report Abuse

LOD (trespassing) dated 2 May, but announced AFTER mkt closed on 3 May.

Time of Bursa announcement, not time of receipt of LOD, determines whether insider trading has been committed.

Date of sale by Lo Tec Yong was 3 May & MAB Venture 2 May

Posted by cg14134 > 2023-05-11 00:26 | Report Abuse

Other points - let the lawyers fight it out

Posted by blueberries > 2023-05-11 00:54 | Report Abuse

any coffee sessions with SC? SC is very discreet.

Right industry to bet on. sadly this thing flareup. Hope to have more factual updates soonest possible.

Posted by Chris Fatimah > 2023-05-11 07:02 | Report Abuse

What we saw that especially the comments of the FL GROUP lau or yong still steady as gentlemen buisneman not like the one of their group..
1...not much education n also not a qualified accauntan
2 always make the nonsense comments



3...bad attitude...
4.. time now is suitable for u to Australia Cather with ur children wife grandson ..no need to make ur group facing the critical situation..loses much...

Posted by joyvest > 2023-05-11 07:07 | Report Abuse

The date of the LOD is the effective date,not the date of the receipt of LOD and certainly not the date of the announcement.

Pl check your facts right before you bombard in this forum

Posted by vivabursa > 2023-05-11 07:17 | Report Abuse

so easy to get 13m from the company paying himself. is this related party transaction? SC or? PDRM will investigate

Posted by joyvest > 2023-05-11 07:19 | Report Abuse

Bahvest has agreed to pay the compensation in 2 instalments within 90days is already a demonstration of their wrongdoing..

Le the lawyer Fight out for what?

More lawyers fees go to the drain ,constraining the cash flows of the co further.

Posted by joyvest > 2023-05-11 07:26 | Report Abuse

DL is set to get 21m in total within 90 days.

This compensation can partially compensate his loss in the value of his shareholding.

No big deal to him

Posted by Raiz368 > 2023-05-11 07:40 | Report Abuse

Get ready guys...today will fly back up to 50% return.

Posted by joyvest > 2023-05-11 07:43 | Report Abuse

joyvest

*One legal case has yet to be settled in order.

*Another legal case is served upon the company bahvest through FL & gangs.

*It is reported that Shareholders are seeking to replace three directors sue Bahvest for record of depository.

*One of the shareholders initiating the above 2nd legal case is FL.

*Bahvest is embedded with all these legal cases,how can the share price rebound?

*It is reckoned that the action of FL and gangs further aggravates the plight of bahvest

* FL and gang are said to be sabotaging in retaliation at the expense of investors

Posted by joyvest > 2023-05-11 07:45 | Report Abuse

The share price is expected to reach penny stock by today if not 2moro.

Posted by Alipapapa > 2023-05-11 07:57 | Report Abuse

Both FL and DL are long time good friend. It is just a drama to buy cheap stock from panic selling. After buy enough, they will announce good news and goreng up the share price. Just wait and see.

Posted by Bullballs > 2023-05-11 08:12 | Report Abuse

Yes it is one big drama and ending soon with a limit up anytime. For a moment I Thot I have to come back and vote the silly guy out.

Posted by Alankam159 > 2023-05-11 08:22 | Report Abuse

The saga will end soon. And new chapter for the company which unknown endings. Lets the observe the new management how are they going to resolve the matter of trespass and keep the compang afloat

Posted by Alankam159 > 2023-05-11 08:24 | Report Abuse

The able to resolve the matter then the company odd to shine and is a good call for me to re enter

Posted by Raiz368 > 2023-05-11 08:39 | Report Abuse

Why joyvest give all negative comments since yesterday. He create story for panic selling to buy lowest price at 10 cent.

Posted by nicholas99 > 2023-05-11 08:47 | Report Abuse

settle.. then DL no reason to sell. better sell after price go up.

Posted by hoot9e996 > 2023-05-11 08:48 | Report Abuse

ooooh rebound today!!!!
1day show?
few hours show ?
OR rebound kuat kuat?

Posted by hoot9e996 > 2023-05-11 08:58 | Report Abuse

drum rolll...... 15c or 20c?

Posted by joyvest > 2023-05-11 09:01 | Report Abuse

No positive news but all negative news surrounding the company ,thats the fact. I am afraid.
When the tiger appearing right in front of you, I cant pretend it by saying it is a " Pusxy cat" ,not a tiger. Got it ?

Posted by nicholas99 > 2023-05-11 09:01 | Report Abuse

gogogo

Posted by nicholas99 > 2023-05-11 09:02 | Report Abuse

finally DL realize his mistake.

Posted by hoot9e996 > 2023-05-11 09:02 | Report Abuse

woot green again on this counter

Posted by nicholas99 > 2023-05-11 09:06 | Report Abuse

FL will make DL beg for his mercy.

Posted by Bullballs > 2023-05-11 09:07 | Report Abuse

More news will come out in the afternoon. Sit tight and wait.

Posted by hoot9e996 > 2023-05-11 09:08 | Report Abuse

lets hope not a dead cat bounce haha

Posted by cicakman > 2023-05-11 09:10 | Report Abuse

A Datuk and long time business man has dignity.

Posted by nicholas99 > 2023-05-11 09:10 | Report Abuse

dead cat bounce won't set EGM june.. lmao. a bit unnecessary. get lawyer and etc etc.

Posted by nicholas99 > 2023-05-11 09:11 | Report Abuse

in business world. less money needs kowtow to richer one. so DL sure lose.

Posted by nicholas99 > 2023-05-11 09:12 | Report Abuse

you see elon musk in twitter. you know. business world is cruel

Posted by cg14134 > 2023-05-11 09:13 | Report Abuse

I asked ChatGPT the following long winded question: "A Malaysian listed company received a negative material information on day 1, the company directors then sold shares on day 2, and the company made announcement of such negative material information AFTER market close on day 2, are the directors liable for insider trading under the Malaysian Securities Industry Act?"

ChatGPT's answer:

I am not a lawyer, but I can provide some general information on insider trading and the Malaysian Securities Industry Act. Insider trading refers to the buying or selling of securities based on non-public, material information that could affect the price of those securities. It is generally considered illegal in many jurisdictions, including Malaysia.

Under the Malaysian Securities Industry Act 1983 (SIA), insider trading is prohibited. Section 89 of the SIA defines insider trading as trading in securities while in possession of material non-public information. It prohibits any person who has insider information from dealing in securities to gain an advantage or avoid a loss for themselves or others.

In the scenario you described, where the directors sold shares after receiving negative material information but before the announcement was made to the market, it could potentially be viewed as insider trading. The timing of the share sales, occurring before the public announcement of the negative information, raises suspicions that the directors may have used their non-public information to their advantage.

It is important to note that determining liability for insider trading requires a thorough examination of the specific facts and circumstances of the case. Legal authorities, such as the Malaysian Securities Commission, courts, or regulatory bodies, would need to investigate and evaluate the evidence to determine whether insider trading has occurred and if the directors should be held liable.

If you believe you have witnessed insider trading or have concerns about a specific case, it would be advisable to consult with a legal professional or report the matter to the relevant regulatory authorities in Malaysia, such as the Securities Commission or the Bursa Malaysia. They can provide accurate guidance and take appropriate action based on the specific circumstances.

Posted by nicholas99 > 2023-05-11 09:14 | Report Abuse

lol.. insider trading. maybe la.. their proxy trading it..

Posted by Bullballs > 2023-05-11 09:15 | Report Abuse

This is really a golden opportunity to make money

Posted by nicholas99 > 2023-05-11 09:15 | Report Abuse

strong buying at 0.130.

Posted by nicholas99 > 2023-05-11 09:16 | Report Abuse

wait news out.. DL has disposed all.. haha

Posted by nicholas99 > 2023-05-11 09:16 | Report Abuse

then can fly up already.

Posted by cg14134 > 2023-05-11 09:17 | Report Abuse

They are silly enough to sell shares under their own names lol. Let's see whether ChatGPT can pakai or not.

Posted by cicakman > 2023-05-11 09:17 | Report Abuse

It won't be about money anymore.
MARUAH !!!
Let the dust settle down first.
Wiseman said ONLY FOOL RUSH IN.

Posted by nicholas99 > 2023-05-11 09:18 | Report Abuse

but DL don't have much stock left if yesterday he sold..

Posted by nicholas99 > 2023-05-11 09:19 | Report Abuse

buyer wait see announcement..

Posted by Alasako > 2023-05-11 09:21 | Report Abuse

Strong buying 0.130 stop buying 0.135 hahah

Posted by joyvest > 2023-05-11 09:22 | Report Abuse

If you trust what the AI says , then you report to the SC for insider trading then.
You need to prove beyond reasonable doubts that they were involved insider trading as it is clear stated below
It is important to note that determining liability for insider trading requires a thorough examination of the specific facts and circumstances of the case. Legal authorities, such as the Malaysian Securities Commission, courts, or regulatory bodies, would need to investigate and evaluate the evidence to determine whether insider trading has occurred and if the directors should be held liable.

Posted by fl888 > 2023-05-11 09:22 | Report Abuse

poker game on....just like a Casino....bankers/players...

Posted by nicholas99 > 2023-05-11 09:23 | Report Abuse

FL not dumb.. buy high price let DL run.