Some comments that I read, i am very surprised.....A prominent business FL group saying that lau nkia ming (Andy Lau) boss behind coming into bahvest..it is spreading like wild fire n sources from FL group n gang....was it truth
Best to check with Registrar. Notice is from the FL grp to remove 3 and nominate their 3. LFM did mention in news report that this is irrelevant and had said 13 June,
you guys no follow joyvest call to sell. he very sad leh. he everyday tell ppl to sell. you all no follow his instruction. later his boss no keluar gaji bagi dia.
Korek King and gang should just resign from the Board today and forget about the EGM which would cause public embarrasement to them. So that on Monday a new Board will take over and things can start on a new page.
* DL , his son and Dr,Kamal are still shareholders in the Bahvest despite their small shareholdings * This is just to ensure that they can justify their directorships . * Three of them are still directors until they are removed in the upcoming EGM * The two camps ( FL camp and DL camp) are still in dispute as to the date of EGM. FL insisted to be in May but DL insisted to be June * Date of the EGM is still not fixed depending on the outcome of the Court ( legal case brought by FL camp) * Both parties are monitoring hard on the ROD as to see who are the shareholders ( 3rd Parties ) who have been accumulating the cheap sales * It can not be ruled out that both might resort to shenanigans with the 3rd parties to outcast each other in the upcoming EGM * As said, when two dogs are fighting for the bone and the third runs away with it . * The third simply says to them " you help me , I help you " * The camp who is willing to pay more will take it all , guess who? * The 3rd party is said to be very crucial to the outcome of the upcoming EGM * It can not be ruled out that both camps are capitalising the cheap price through nominees so that no one knows which camp the nominees support
@youarewelcome88: Thanks... Hope to make some from this... Think the downside risk should be lower now vs last week as Lo should have liquidated all his shares so heavy selling should have been almost exhausted by now. RSI show very oversold and if today candlestick can close in green, then think good chance of a rebound up next week.
The market maker is doing cleansing, lots of dirty laundry to whiten, before handing it over to the predators. The only consolation left is whats concealed underneath the earth. That which provides goodwill as well as reason for this whole mess. Hopefully its not fools gold!
Sure ke Korek King, u still want to attend the EGM? Not scared of people throw shoes or rotten eggs at u? It will be a headline news and big embarrassement. U should have learnt from Yong Tai which have a smooth changeover ofCEO and shareholders and the share price continue to go up and u would end up to be a billionaire. Now u r like a refugee. Sad
The market maker is protecting the sacred 12 sen like there is no tomorrow. Will there be thunderstorm this Friday afternoon? But overall what this market requires is an aphrodisiac to rectify erectile dysfunction. Every day, must wear shade glasses to ward off red flashes!
According to a sources from miner Selinsing the said that since the infrastructure of company located in dispute land.. To rebuild whole concept will take more than 2 years of all facilities including plant, quarters, in site lab and tailing dam.. After that they need to secure fresh water as just like others plant oil mill.such factory needed thousand tons of water to run its capabilities.. After such listening really curious on what FL N gang could mitigate such problem ..it such problem could be resolve will it head to GN3....????
As the edge and annoncement had been well published. These is not a concession. Lo is holding a title to mine for many years. So i dont think much on political hands can effect his right. As in that sense, it is not concession. If concession sure do they can cox it is a lease amd these is title and right that had been sign off. Jusy similiar like the sublease they are fighting for
I believe that lady was mixed up with sublease and concession.
Unlike a sublease, a concession does not involve renting out the property to another party but rather providing additional benefits or incentives to the tenant.
In short , a sublease involves a tenant renting out all or part of their leased property to another party, while a concession refers to discounts or benefits provided by the landlord to the tenant.
Clearly, our case in dispute is sublease ,not concession. Concession never applies here
rohank71, correct. This is Sabah: corporate culture is feudalistic, call it mafioso or whatever and by virtue of political will, things happen mystically. We mistakenly think that their actions and behavior are within our expectations, but in the land below the wind, not easy to comprehend why things happen. For example, Land owner can ask himself why did he set up structures on his own land? Is not amusing to posses that line of thought in oneself? BTW, Bahvest is a PLC, owing 20 million for an entity that has goodwill from precious metal is a walk in the park. Private placement, bank borrowings, rights issue: make your choice whats for dinner.
Anyway tthere could be a possibiliy some hands involve but if it is a title that is holding. If such i dont think it easily can happen. If its happen rhen a lot of ppl title land will be in danger. Where the basic law
Therefore i plead the new management to get into gear amd settle the dispute or plan for future production line
We need to be realistic, what it is, it is. Even the hand behind also need to bear in mind law exist. Somw many property developer here arw big shots with rhe land, if hand disturb the land that they hold will be vanish even is his land.
So here i do plead find a way to nego as the company is soon to be your, fl and the gang. Ensure production while you can plams your future or strategies it
Maybe the factory with the structures is of permanent nature and the landowner ( DL) believed it was safer to built it on his own long leased land instead of on the subleased land which last for only 35 years.
Unlike Malaya ,it is true that the corporate culture is feudalistic in Sabah whether you like it or not.
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....
cicakman
7,308 posts
Posted by cicakman > 2023-05-12 07:58 | Report Abuse
Where sellers want to put their money?
My guess he will.................... :)
No need to think about Bahvest cz damaged has been done.