BAHVEST RESOURCES BERHAD

KLSE (MYR): BAHVEST (0098)

You're accessing 15 mins delay data. Turn on live stream now to enjoy real-time data!

Last Price

0.70

Today's Change

-0.01 (1.41%)

Day's Change

0.69 - 0.72

Trading Volume

21,439,600


10 people like this.

22,673 comment(s). Last comment by 103854938 16 hours ago

nicholas99

9,863 posts

Posted by nicholas99 > 2023-05-11 09:25 | Report Abuse

strong buy at 0.135.

nicholas99

9,863 posts

Posted by nicholas99 > 2023-05-11 09:25 | Report Abuse

pancing.. and flushing. game?

nicholas99

9,863 posts

Posted by nicholas99 > 2023-05-11 09:27 | Report Abuse

you fall down there. you comeback from there too. gogo.

cg14134

500 posts

Posted by cg14134 > 2023-05-11 09:30 | Report Abuse

I bet someone is shaking while waiting for SC's call. It is pretty clear b4 the material negative "trespass" announcement, the share price was aggressively whacked down most probably under proxy names. I hope they have selected the proxies very very carefully hehehe...Hard to hide these days with SC' expensive sophisticated monitoring software....

cg14134

500 posts

Posted by cg14134 > 2023-05-11 09:32 | Report Abuse

That said, I am not so sure about the rebound though...I think still got lots of skeleton and shit left behind, which have yet to surface

fl888

7,691 posts

Posted by fl888 > 2023-05-11 09:33 | Report Abuse

Qtr result for March 23 will be good or bad….coming out by 27-05-23

nicholas99

9,863 posts

Posted by nicholas99 > 2023-05-11 09:36 | Report Abuse

qr result already out la. lol. its a loss. which is expected from DL. and no news is bigger than stop production news. i think every bad news has sink in.

Bullballs

1,194 posts

Posted by Bullballs > 2023-05-11 09:38 | Report Abuse

QR not out yet. Yesterday was QR for Dec22

hoot9e996

1,813 posts

Posted by hoot9e996 > 2023-05-11 09:39 | Report Abuse

normally when dropping average down...
should i average up macam can go up next week

nicholas99

9,863 posts

Posted by nicholas99 > 2023-05-11 09:41 | Report Abuse

yeah la. yesterday rebound two times at 0.100.. so, two legs = strong support.

nicholas99

9,863 posts

Posted by nicholas99 > 2023-05-11 09:41 | Report Abuse

that's why today green.

joyvest

10,413 posts

Posted by joyvest > 2023-05-11 09:42 | Report Abuse

*Upcoming QR is expected to show huge loss taking into account of the compensation payout of RM 21m .
*Taking away of the the normal trading loss ( It is expected to be significant ) , the loss for sure by now is RM 21m
* Embedded with the legal lawsuits against bahvest by its own company officers and shareholders, the share price is destined to be doomed
* The surge in this morning is short lived and unstainable

nicholas99

9,863 posts

Posted by nicholas99 > 2023-05-11 09:44 | Report Abuse

*Upcoming QR is expected to show huge loss taking into account of the compensation payout of RM 21m .
This most likely false. 5 shareholders already issue lawyer letter addressing this issue.

joyvest

10,413 posts

Posted by joyvest > 2023-05-11 09:48 | Report Abuse

* why addressing the issue?
* Bahvest has agreed to pay the compensation in two installments which is a demonstration of their wrongdoing
* Again, you are ignorant of the fact
* The Auditors will report this compensation as loss to the company as a matter of fact

nicholas99

9,863 posts

Posted by nicholas99 > 2023-05-11 09:50 | Report Abuse

yeah. happen when DL is the ceo in bahvest and southsea. :) that's why FL will takeover and kick him out.

cheeseburger

2,855 posts

Posted by cheeseburger > 2023-05-11 09:55 | Report Abuse

dead cat rebound.

joyvest

10,413 posts

Posted by joyvest > 2023-05-11 09:55 | Report Abuse

* Appointment of DL as CEO is duly approved by the BOD of Bahvest
* BOD is accountable collectively , no DL alone
* Southsea is a separate entity owned by DL which is a separate issue
* Sublease is created between Bahvest and southsea under sublease agreement ,
* It is a related party transaction. It is believed that the auditors have duly checked this and reported in their report accordingly.
* Related party transaction is allowed as long as it is transacted at arm's length. No issue here

nicholas99

9,863 posts

Posted by nicholas99 > 2023-05-11 09:57 | Report Abuse

bla bla bla. That's why 5 shareholders issue letters. please refer to the newest news.

Alankam159

389 posts

Posted by Alankam159 > 2023-05-11 10:04 | Report Abuse

Since dl already exiting the market, i really dont know whats else needed to talk about it. Let it be judge by its doings in court if needed.

Annoncement stated that they have to paid 13 m in to payment if not needed to mobe out. By doing so payment make will be extend to 90 days. It will impact the account, any auditor can tells you that.

In reality now if what happen it really trigger gn3 thats whats concern me. Therefore i awaiting for new management of the company, whats the direction onwards and how to resolve. Those matter is between the two party. Company prospect is our concern

Now the issue is after 90 days whats happen, it is more important now how to continuance of production for the company.

Posted by youarewelcome88 > 2023-05-11 10:10 | Report Abuse

Safer to be an observer... Bad blood is too deep. I think its a situation of Thank you for the RM13.0 millions & I will see you in court for the balance sum.

TCH1186

910 posts

Posted by TCH1186 > 2023-05-11 10:18 | Report Abuse

ataims + bahvest = there is always a braver warrior here. no matter what situatuion is, they are meant to warrrrr xD

Alankam159

389 posts

Posted by Alankam159 > 2023-05-11 10:19 | Report Abuse

We need take our concern than their concern. Production is the key for investor as proven value. Then share will able to move more.

Alankam159

389 posts

Posted by Alankam159 > 2023-05-11 10:22 | Report Abuse

In any situation there will be warrior in the field weather how severe the situation it.

If there is something for them to work with then the warrior able fight or defend on. Now is the production line ie, factory and others will be in problem after 90 days.

Ensurity needed now

supersaiyan3

3,129 posts

Posted by supersaiyan3 > 2023-05-11 10:37 | Report Abuse

(Just passing by)

Can L do that? I mean totally ignore other shareholder's right? Definitely cannot.

What FL did was noble and should receive public investor's support.

So long many "owners" manipulate "counter" as they like and never share anything with shareholders.

I will buy little bit shares to support FL after L is out.

Alankam159

389 posts

Posted by Alankam159 > 2023-05-11 10:41 | Report Abuse

Sure you can. But for me is going concern of the company. There is alwasys two side stories and untold stories of both side for you to take into accout.

Therefore it isnt matter who stories more prettier or more pity, who is the shining knights and who the devil behind hands

If morale support there will two sided. Is now the company on going concern issue.

cicakman

7,304 posts

Posted by cicakman > 2023-05-11 10:42 | Report Abuse

2nd & 3rd May, insiders cabut at high.
They won't mind to cabut at low cz selling price still ok maaa
Goreng a bit at 12-13 cts and can run more.
Don"t get cheated.

nicholas99

9,863 posts

Posted by nicholas99 > 2023-05-11 10:43 | Report Abuse

your assumption is base on Amir and Lo share profit from selling their individual shares..

Alankam159

389 posts

Posted by Alankam159 > 2023-05-11 10:44 | Report Abuse

Sure do now material and finacial impact on the company account, after the annoucement had been made known.

Swcond question is after 90 days. I really awaiting new management to give an address and ensurity. Then i will come in and support fl, if not is another bomb on sheft anytime will blow up

paulthesotong

2,769 posts

Posted by paulthesotong > 2023-05-11 10:46 | Report Abuse

neutral here... How did Southsea come out the "compensation" of 300 k pm?..In term the size of land their trepass? iust said 500 900 1000 K also can.

hoot9e996

1,813 posts

Posted by hoot9e996 > 2023-05-11 10:50 | Report Abuse

seems solid half day so far, no selling pressure

nicholas99

9,863 posts

Posted by nicholas99 > 2023-05-11 10:55 | Report Abuse

the thing is southsea pluck the amount from the sky. so, it is debatable and even if southsea sue bahvest. they also need to go court. thats why FL kick DL out fast. so when they go to court, it is not influenced by DL to submit willingly. DL can admit wrongdoing and make the payment out of Bahvest coffer.. thats why FL keluar the letter.

cicakman

7,304 posts

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

Yesterday @ previous closing was 12 cts & high was 14 cts + 2 cts before big throw to low 9.5 closed 11.5 + 2 cts.

Closing 11.5 cts today high 14 cts + 2.5 cts.
By theory how much today closing or just guess.?

joyvest

10,413 posts

Posted by joyvest > 2023-05-11 11:04 | Report Abuse

* Southsea has charged factory rental of RM 300,000 per month based on the open market rate.
* Plucking the amount from the sky is out of the question
* Bahvest has agreed to pay the due rental on the trespassed land , which is an acknowledgement of their wrongdoing. No question about that.
* Letter from the Gang 5 is of no effect.

cicakman

7,304 posts

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

Current situations.
Gajah sama gajah berjuang.
Pelanduk mati di tengah tengah.

nicholas99

9,863 posts

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

how is there an open market rate based on gold mining? lol. this is blow..

joyvest

10,413 posts

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

* If there is no market rate,then it is based on reasonableness
* As long as the rental charge is proven to be reasonable , it is not subject to be challenged
* Go and check how big the factory together with the ancillary structures on the encroached land is before you bombard here
* one Acre of land is 43560 sq feet
* The factory together with the he ancillary structures can easily exceed more than 10 acres

joyvest

10,413 posts

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

* If Gang 5 dont agree to the factory rental,then dismantle and scrap the factory for good

Bullballs

1,194 posts

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

Wont be suprise Kretam will become a new substantial shareholder with so many cheap tickets available

paulthesotong

2,769 posts

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

no need .Majlis Perbandaran Tawau do your job! Tear down those" illegal strutures"

nicholas99

9,863 posts

Posted by nicholas99 > 2023-05-11 11:26 | Report Abuse

yeah. definitely kretam is rich enough to buy bahvest. 124 mil cash on hand.

JuliusCeasar

1,216 posts

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

Moving forward BAHVEST to pay RM 300K rental a month? Sure the 5 gangs won't agree!

Outcome FL VS DL:
Business totally shut down!
No more business!
No more revenue!
No Profit

Share price sure drop like hell!

Its all about time to fall. Share price could drop between 3C - 7C before EGM.

nicholas99

9,863 posts

Posted by nicholas99 > 2023-05-11 11:27 | Report Abuse

erm.. all desperate to buy cheap.. let's see.

Bullballs

1,194 posts

Posted by Bullballs > 2023-05-11 11:29 | Report Abuse

Wah just found out that the new nominated Frederick Chong has a chemical engineering degree, right man for the job since nowadays gold mining uses a lot of chemicals.

cicakman

7,304 posts

Posted by cicakman > 2023-05-11 11:31 | Report Abuse

Morning rush over.
Now you see I see.

RM 300k × 12 months = RM 3.6 millions ..go kaw team larr!

nicholas99

9,863 posts

Posted by nicholas99 > 2023-05-11 11:32 | Report Abuse

PRo FL .. he sure knows stuff..

joyvest

10,413 posts

Posted by joyvest > 2023-05-11 11:34 | Report Abuse

* Without doubt, Kretam is rich enough to buy the whole Bahvest
* No point for kretam, the land is sublease with remaining lease of 17 years to go
* Buy it and plant oil palm tree ?
* The economic life of oil palm is 25-30 years vs the remaining lease of 17 years
* As a businessman, would you go for it ? you tell me

JuliusCeasar

1,216 posts

Posted by JuliusCeasar > 2023-05-11 11:34 | Report Abuse

Company to hire a lawyer!
Company need to pay thier service....

More company going out and no more money come in. Think logic..... What happened to share now!

nicholas99

9,863 posts

Posted by nicholas99 > 2023-05-11 11:35 | Report Abuse

currently DL still control bahvest. he sendiri go agree pay to southsea. everyone can see conflict of interest there..

cicakman

7,304 posts

Posted by cicakman > 2023-05-11 11:35 | Report Abuse

Total 3 buyers and sellers almost the sama.
Don"t get involved lor!

joyvest

10,413 posts

Posted by joyvest > 2023-05-11 11:38 | Report Abuse

* RM 300k per month, offered by DL
* Take it or leave it , DL says to Gang 5
* Gang 5 dont agree,then pack and go
* After 90 days, another battle is expected
* Thats why I say, the share price is doomed

Post a Comment