@dompeilee, 20 mil is chicken feed to Jho Lo.Tell me how much is 100 kgs of gold worth? Dracula had lost his fangs and soon his balls too.No more kacau from Dracula. Breaking 0.20 sen again is likely in this week
DL sold his last tranche of 40miilion at 16cts=RM6.4 million, plus his earlier disposal and undetected undeclared gold pilferages….at least got RM100 million in hand to kau tim all problems easily …grey settlements included…
From the start of the down side heavy trading or drop till 9.5/10 sen, the market maker was under instruction from the predator, the takeover party. They have accumulated perhaps more than 20 % by now, especially at huge discounts, thanks to Dracula Buncit when forced to sell. Now is the recycling time or number of churns to dabble with the pricing. But I reckon if EGM is on, they will appease the shareholders by making the price perhaps slightly above 20 sen by 13 th June, to avoid being thrown bags of rubbish on them out of anger.
lol 100m all freeze by gov. He can do nothing! IRD might coming into picture soon! It might be more than 100m as all the cheat money did not declare to IRD every year charge interest of 30% + fines
fl888 Having so much money in hand,DL and cronies could be buying Warrants now ..to become substantial shareholders in the coming years ahead ,
One of the issues that the predators got pissed of with Dracula Buncit is his ESOS plan that will further dilute the shareholdings. The Wa ex price is 43 sen. If Buncit gang buy warrant, it will be toilet paper if predator gang control price below 43 sen till expiry. Warrants currently only good for few days trading, but to exercise them, dont waste time.
It is purportedly believed that DL did not declare about 100kg of gold worth RM25 million for a reason. It is said that the 100kg of gold does not belong to Bahvest in the first place.
It is believed that DL just “Borrowed “” it from other sources with the agenda to boost Revenue/profitability in one of the QR. Whether the said 100k of gold was already reported as sales revenue or not remains to be verified. If the said 100kg has been reported in one of the QR, then the question of non- payment of royalties does not exist. However, such an act would constitute a “ false accounting ” issue like Serba Dynamic ( SD ).
In the case of SD, false accounting has been established as a result of which the MD, Dr.K and his gang were compounded by SC with the hefty fine without imprisonment term. Hence in the case of Bahvest, DL would most be likely to face with the same. DL can still afford to pay and no cause of concern.
how to borrow some gold of 100kg? who dares to borrow gold of 100kg weight? who can? who has that big amount? DL is in deep shit regardless of any version of joyvest story. GG.com
Watch for QTR announcing on 27-05-23, expecting impairments provisions etc… which the BODs have to look into,…think should selllll now if got profit ?//
As said earlier, most of the corporate figures in Sabah are said to be embedded with the feudalistic culture. DL is of no exception where he is protected with a formidable force from behind .Thats why he has been untouchable for all these years. The manoeuvre of 100kg of gold is a piece of cake to him.
DL might also use the reason of borrowing to get himself out of trouble. to get lesser sentences. but all staffs in the company will assist in investigation.
Joyvest, common sense prevail. If what u said is true, dL dont have to FORCE sell his big chunk at 11sen in the open market. I m 1 of d beneficiary. I m very thankful to DL.
It is believed DL was under the instruction to sell. He held on with his 40 m shares until the last moment following the withdrawal of the lawsuit by FL camp. He would not have done so if FL camp had won the earlier EGM
@joyvest... the so-called Borrowing 100kg Gold makes no sense. Nobody will buy their argument. I find it makes more sense if the word STEALING is used. It is no longer underdeclaration to Sabah government. Tribal warlords are not above law. The fish monger has to go in...
It is expected that A " third party" will soon emerge to prove that the 100kg of gold is not derived from the gold mine of Bahvest. DL and gangs are expected to be freed soon.
@dompeilee, I like crooks. When crooks are no longer around, the share will shoot up 100%. It is not far fetche to see Bahvest going up to 0 40 sen soon. Just look at Menang Coro, when crioks are no longer controlling, the share webt up 100% from 0.50 sen to RM1.00.
Jack Khan listen to Joyvest is like listen to my 3 years old nephew
Jackie, Dracula Buncit is gone, and all this euphoria and excitement will be depleted with time and I think very soon. The next phase will just be discusiiion on price dynamics without much corporate drama. As much as I dont agree with Joyvest in a lot of issues, but he gives life to this forum, does not matter whether true or not. I am still in this forum, perhaps due to his writings. I call it entertainment because it is dramatic and fiction in perspective. If he stops writing, then this forum might be drab. Think again, why this forum is active.
I dont blame you as you have yet to open up your mind .Understanding may take longer for an individual with lower intellectual capacities .It might be necessary for me to be patient to simplify and repeat the complexity to reinforce your understanding
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....
TCH1186
910 posts
Posted by TCH1186 > 2023-05-24 07:19 | Report Abuse
today 1c