why need to combine? meaning the 5 shareholders spoke to each other before?.. what they have spoken to each other? why did they band up to remove DL? What is the motive behind it?
remember they are also shark that plays around. Down you , play you out , then suddenly goes up .As long as fundamental is strong. I doubt Bahvest will go down and thoughts of PN17 is nonsense
You still talking about shares. Now is production on stake. Fl already secure enought shares by looking at the share market. Now is after that. These is title lincese and dont tell upper hand interefere cox there is basic law.
*DL proposed ESOS but FL and gang opposed *FL and Gang wanted to outcast the DL ,son and Amir\ *Ever since FL became a shareholder, he started to meddle with the affairs of DL *DL is pissed off and in loggerhead with FL
Now is production on stake. Ensurity needed after 90 days. No more nonsense, is time for negotiating and back up plan. Yes fl gang win the shares thats aboslute no doubt from the market. Now is production
*DL knows very well the production will be put to a halt after 90 days *It is going to be long long legal battle after that *No production is expected in the spell of lengthy legal battle and the factory is expected to be idle in hibernation for a long long time. *Share price is expected to slump to penny stock due to no production *To avoid further financial losses as foreseen by DL ,he decided to exit by selling off his entire shareholding * Note that the nominal value is 0.10 vs the issued price of RM 0.99 in IPO. * DL is believed to have sold at the above price of 0.10 and hence no loss to him
Agreed with dompeilee. This useless fat ass Jho lo could not even bring up the company after managing for so many yearsWhat so great about him..Surely FL n gang can scout for experts in mining gold.
Got in at 0.135 and 0.13 today. That Lo and gang should have finished selling their shares today and big selling should be completed by now. Bahvest looks very oversold and think now is time to buy and wait for the rebound. My target to sell at around 20c level,
If sending ore and rock for china to process. Was it viable strategies. What happen if china side cheated on the production? How many ore are going to send by month? How to declare amd monitored the whole thing? If such way can yoj extract the most and compare wouldnt it be better than past?
Dl didnt perform but now is their side to perform. As i said need logical and sensible form of way to give ensurity to local and long term investor
I thought they have better solution. I dont belief if a logic way. Pls resolve the production before 90 days. They should able to come up a better sollution than that
Well well well , coupled with the above uncertainties as mentioned , the share price is expected to go below the nominal value and we will see if DL has made the right decision or not in months to come....if yes, tremendous saving for him
By the way ,dont teach your grandmother how to suxk eggs and dont jump the gun too soon
Thank goodness I don't have to be dependent on this cowboy mkt to earn my daily income. Today, that comes from selling Suruga Bank in Japan for 521 yen despite the bad timing of buying for 443 yen on the eve of the Silicon valley banking implosion!
Hopefully Owner and Gang is really gone. It will definitely be more good than bad for Bahvest. 0 dividends for more than 10 year and Billions of Esos nonsense. Fish business also sell to same surname using direct nego. Can U believe do fish also can lose money. Every year CNY can U remember the fish price. Then do gold also can lose money. And build the plant at wrong place. Really joke la. Really hope he and his gang is gone for good... Let the new management build a good and proper company and is something for us minority shareholders to be proud to be part of it!!!
This is a hostile takeover, and the last few days seemed likely that the market maker is acting in concert with the predators: Kretam Lim and gang. No way will predators provide the lifeline parachute for outgoing directors as the prey. "This is the price for your exit, thank you very much and bye-bye". As for the alleged debts owing, no problem, many ways to go about it. After all, Kretam Lim is an expert in the feudalistic and political culture prevalent within the Sabah run businesses. ESOS is just an excuse to leverage support from shareholders during the EGM, but most probably Kretam Lim is dreaming of being hailed as natural resource and commodity tycoon king of Sabah. Very ambitious and far sighted indeed. IMHO this exercise is healthy, as the current operational blueprint created by the sitting MD is not adding value. Just dont let the world hear that Sabah mining operations are disrupted by extreme weather conditions repetitively for many years without mitigating factors: how embarrassing can it be for a PLC MD. In the name of value enhancement, the current MD has to come to terms with reality: Relevance and competitiveness. As usual, the element of time shall be proof of the pudding. And to those caught within the crossfire and chaos, dont despair and panic. Be patient. The issue is not cheeseburgers or carbonated drinks. We are talking about gold and silver.
All these rally is good to hear. Kretam lim tend to have the high profile aa stated. Now is ensuring the production on going as it is life line for the company. Whatever planning or ambitious he have to be the tycoon natural resources of sabah he want to be. But to stay aflot if the company till concrete solution available is the upmost now.
Therefore i hope they knows what they doing, as now production line is in stake.
Any high profiler is welxome thats why i said they set the bar high so i assume and expected far better then high rally only
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
nicholas99
9,863 posts
Posted by nicholas99 > 2023-05-11 16:42 | Report Abuse
why need to combine? meaning the 5 shareholders spoke to each other before?.. what they have spoken to each other? why did they band up to remove DL? What is the motive behind it?