BAHVEST RESOURCES BERHAD

KLSE (MYR): BAHVEST (0098)

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Last Price

0.715

Today's Change

+0.015 (2.14%)

Day's Change

0.69 - 0.72

Trading Volume

14,617,800


10 people like this.

22,684 comment(s). Last comment by cicakman 25 minutes ago

Posted by karheng123 > 2018-11-19 20:38 | Report Abuse

tmr ...but tmr holiday so postponed

Posted by Vincenbravo > 2018-11-19 20:52 | Report Abuse

Ok. Thanks. Previous 2 months announcements on 19th

paulthesotong

2,769 posts

Posted by paulthesotong > 2018-11-20 09:40 | Report Abuse

Expectation on mp to be 81kg to 97 kg..cross your fingers.

paulthesotong

2,769 posts

Posted by paulthesotong > 2018-11-20 09:48 | Report Abuse

If not mistaken likely to annoc after Agm on 22 nov 18 n also qr.

Oowa

407 posts

Posted by Oowa > 2018-11-20 12:24 | Report Abuse

That High? 81-97 kg?

Oowa

407 posts

Posted by Oowa > 2018-11-20 12:24 | Report Abuse

Is it a joke?

Oowa

407 posts

Posted by Oowa > 2018-11-20 12:40 | Report Abuse

If they can show 40kg, it's good enough.

paulthesotong

2,769 posts

Posted by paulthesotong > 2018-11-20 17:01 | Report Abuse

Based on Bahvest assumptions no me..1. 1200 tonnes of ore processed daily 2. Ave gold grade at 2.72 gram/tonne 3. Ave cost of production at usd350/tonne. BAHVEST expected to produce 3260grams of gold Daily.

paulthesotong

2,769 posts

Posted by paulthesotong > 2018-11-20 17:13 | Report Abuse

Of course also depend on God.... for good weather month.

Oowa

407 posts

Posted by Oowa > 2018-11-20 17:22 | Report Abuse

I think that's their goal but not achieved yet

paulthesotong

2,769 posts

Posted by paulthesotong > 2018-11-20 17:28 | Report Abuse

Thats their call The Beautiful Game.. toward their goal..

LMN9997

485 posts

Posted by LMN9997 > 2018-11-21 09:51 | Report Abuse

This month keep on raining. Over 30k would be good d

paulthesotong

2,769 posts

Posted by paulthesotong > 2018-11-21 10:35 | Report Abuse

Fair enough..the employees must work like robots from 6.30 am to 5 pm 7 days a week.

Posted by Vincenbravo > 2018-11-22 10:29 | Report Abuse

Last day to buy at the RM1 price before it goes free gear :)

Posted by Vincenbravo > 2018-11-22 10:56 | Report Abuse

Pity the owners and management defending the price at RM1 by selling 'cheap'. Dont worry a bit more to go until 3pm then bonus share meeting already :) Haha !!

setia2u

971 posts

Posted by setia2u > 2018-11-22 21:24 | Report Abuse

With the Bonus Issue approved this afternoon, now the Ex-date will be announced before month end,i.e. these few days. Good time to accumulate more at RM1.00.

Oowa

407 posts

Posted by Oowa > 2018-11-23 11:54 | Report Abuse

Thanks for the low prices

Posted by teareader818 > 2018-11-23 12:13 | Report Abuse

Owners giving us a chance to make money. Very few in Bursa `care' for minority shareholders. Yes?

Posted by Vincenbravo > 2018-11-23 19:28 | Report Abuse

Super bad result !!! Massive losses of RM4 million + this quarter. Lousy management. All should resign !!! No shame :( monthly production also lower. Dissapointing !! As usual 0 dividends and worst than keeping money in FD !!! More than 5 years 0 dividends !!! Wtf

1010

283 posts

Posted by 1010 > 2018-11-23 19:30 | Report Abuse

bad QR , what happen to those gold they produce?

Posted by karheng123 > 2018-11-23 19:42 | Report Abuse

die ha ha

Posted by teareader818 > 2018-11-23 22:26 | Report Abuse

Why Oct gold production still not out?

Oowa

407 posts

Posted by Oowa > 2018-11-23 22:44 | Report Abuse

It's indeed bad. Maybe it's time to forget about this stock.

MusaAman

111 posts

Posted by MusaAman > 2018-11-24 00:51 | Report Abuse

Apa hal Vincent? Kena trap? Baik u cut Monday.
Lepastu u gi carik high div stock ok? Growth stock memang takda dividen. Mungkin bila stockni sampai 5ringgit baru disorang bayar div.
Tak perlu wtf skarang.
Tapi fyi ni July - Sept qtr results.
only the first 8 kg produced accounted-bah..
Oct - dec qtr belum lagi tapi dah ada 36 kg so tunggu tambah dec ja.

MusaAman

111 posts

Posted by MusaAman > 2018-11-24 00:57 | Report Abuse

Btw diaorang baru ja habis EGM. Kenapa u tak gi sandakan suruh board + mngt gi mampus?
Wasted chance-bah.. wtf betui !

hero666

689 posts

Posted by hero666 > 2018-11-24 13:02 | Report Abuse

MusaAman, yes this is July to Sept QR.

And you are wrong about the gold production figures, plz check properly, month of Aug 2018 is 6.46KG then month of Sept is 23.69KG. Which stated is the QR total for Q2 gold production is 30.1KG.

Then followed by Oct 2018 is 12.96KG, which will be counted under Q3 and shall be announce around end Feb 2019.

So you have mixed up what "only 8kg accounted and what 36kg oct - dec...", you are a joke la fren.

Plz read the qr in details, the management decided to sold the Aug month gold production and generated revenue RM1.027 mil; but kept the 23.69KG was kept under inventories.

(A) THE MAIN REASON OF THIS QR MAKING LOSSES, also stated in the qr :
"The mining operations recorded a revenue and gross loss of RM1.027 million and RM3.346 million..... was mainly attributed to non- productive direct production cost incurred during the commissioning stage, higher depreciation as a result of the completion of the processing plant in previous quarter and also due to the low production as explained above."

(B) CONLUSION :
1. Q2 report making losses because of the mining plant to commission and completion.

2. Low production stated in qr : "yet to start drilling and mining of the sulphide ore at the identified mining site."

3. Bahvest currently have inventories of 23.7kg est value of $3.8m of revenue to bring forward to under Q3 or Q4.

4. Assume mining operation generate monthly +-30kg per month, by the end of Q4 (Oct - March 2019) will have 200kg (assume lower), revenue conservatively will have $ 30m (est. 200kg gold production for this 6mth, with assumption gold price usd $1220+-, which is relatively a low gold price).


The next coming full year also assume the same, revenue annually shall shot up to +-$50 to $60 mil !!!! (with est 300kg - 400kg annual production).

Bahvest past qr record showing that annually their revenue ranging around <20m (annually). So, you guys decide whether this current latest released Q2 report is good or bad ?

IF YOU GUYS DO NOT KNOW HOW TO READ QR, PLZ DO NOT SHIT AROUND. THANKS.

Posted by teareader818 > 2018-11-24 14:43 | Report Abuse

Hero66 so fierce ah. But what you said makes sense. Bahvest future in gold mining all planned out by owners. Maybe insiders can help us see owners' future plans.

MusaAman

111 posts

Posted by MusaAman > 2018-11-24 16:17 | Report Abuse

Hero, I tak salah-bah.
Aug is 8kg tu gold dore bar (6.4kg nett) accounted as revenue for July - sept qtr.

Sept is 23 kg held back as inventory (not sold therefore not revenue) + the latest Oct is 13kg = 36 kg + whatever the December kg shld then be revenue for current oct - dec qtr.

Kecuali diaorang hold back lagi tak nak jual...

Projection tu semua u buat sendiri ok. Nanti Vincent marah lagi.

Tapi utk I, semua ni -apa cakap om puteh- ialah ‘small potatoes’ sb semua ni skg top soil ‘waste’.
Tapi good luck jugak sb waste pun dah ada gold.
You patut tanya-lah bila diaorang nak sampai tu quartz vein...

Oowa

407 posts

Posted by Oowa > 2018-11-24 19:02 | Report Abuse

I have decided to sleep on it, what I have bought has become long term investment, sell @5.00

Plug

3,048 posts

Posted by Plug > 2018-11-25 10:38 | Report Abuse

This stock made me a headache, so far is good or bad? really think of cut lose on Monday since have been holding for so long......

Plug

3,048 posts

Posted by Plug > 2018-11-25 10:41 | Report Abuse

Kepala pusing lol...….

Plug

3,048 posts

Posted by Plug > 2018-11-25 10:42 | Report Abuse

up down up down ….. end out 1.00...….

Plug

3,048 posts

Posted by Plug > 2018-11-25 10:45 | Report Abuse

anyone can help to comments?

hero666

689 posts

Posted by hero666 > 2018-11-25 11:18 | Report Abuse

Plug, what else to comments??? Now it's consolidation mode, just ask yourself do you have holding power ? Simple as that.

Plug

3,048 posts

Posted by Plug > 2018-11-25 15:59 | Report Abuse

Why not? I have kept for more than three months, last Thursday and Friday bought some to average down as well....

hero666

689 posts

Posted by hero666 > 2018-11-25 20:35 | Report Abuse

Good, then why need us help to comments anythings since you're sober clear lmao

Posted by karheng123 > 2018-11-25 22:13 | Report Abuse

mayb they wait bonus issue then pump up again?haha just wait it

LMN9997

485 posts

Posted by LMN9997 > 2018-11-28 02:31 | Report Abuse

Let’s hope it will explode soon

Posted by karheng123 > 2018-11-28 12:50 | Report Abuse

collect and bonus issue problem..

Posted by Vincenbravo > 2018-12-03 11:11 | Report Abuse

95 sen & free warrant of 52 sen. Bahvest at RM1.20 still expensive for me... Below RM1 will be nice :) Still waiting patiently. Haha !!

Markkoh

46 posts

Posted by Markkoh > 2018-12-03 21:59 | Report Abuse

High growth stocks usually do not come with dividend. Property Reits are for those who expect a lot of dividends.

Posted by Vincenbravo > 2018-12-05 14:24 | Report Abuse

Last day to buy for BONUS SHARES !!! Gonna buy some even though price expensive... 94 sen also ok la. Tomorrow will be 47 sen i think

hero666

689 posts

Posted by hero666 > 2018-12-05 15:05 | Report Abuse

Chart Ta showing weakness, will retrace to +-0.915. And if this support still not manage to hold on, most probably will reverse all its way to 0.875/0.81. Even after split, i dont think is a good thing, will dilute and even much much harder to climb up

Posted by Vincenbravo > 2018-12-05 15:15 | Report Abuse

Not true. Short term might drop a bit then surely all the "good news" will come. Ive seen this counter for donkey years. Too predictable d. Otherwise why the owners spend so much to do bonus shares. Better just leave it like this. Simple explaination... do U think its easier to push RM1 to RM2 or with bonus shares 50 sen to RM1. Both will give the same result but 50 sen to RM1 is easier to push. And as usual the donkeys will buy at RM1. And the whole cycle will start again. People getting trapped and owners selling and laughing at the idiots :)

hero666

689 posts

Posted by hero666 > 2018-12-05 15:24 | Report Abuse

i just fk hate this company management, i really hate them. Keep manipulate the shares price but knowing not to attract those big funds institution and fund manager, and also not increase mining efficiency. Nowadays really hard to find companies like QL, topglove, dufu.... just do what they supposed to do, simple.

setia2u

971 posts

Posted by setia2u > 2018-12-06 08:37 | Report Abuse

Anymore hope now with the Bonus Issue ex today? Hopeless and disappointing !!!

Posted by Vincenbravo > 2018-12-06 16:39 | Report Abuse

Collected some today :) bahvest 45 sen free warrant at 25 sen. Super confusing calculations thanks to bahvest management makes bahvest at RM1.15 !!! Still a bit expensive but has dropped quite a lot from bahvest RM1.45 and free warrants around RM1.10 making bahvest RM2.00 !!! So now it has dropped around 40+ % Can start to collect slowly and buy more if drop further. Make sure U have holding power to at least June 2019 and good chance will double !!! Cheers people :)

LMN9997

485 posts

Posted by LMN9997 > 2018-12-07 15:05 | Report Abuse

Vincenbravo. your analysis starting to make more sense to me. hahaha... hope for the best.

setia2u

971 posts

Posted by setia2u > 2018-12-12 09:08 | Report Abuse

Would TH let go this non dividend yielding share?

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