BAHVEST RESOURCES BERHAD

KLSE (MYR): BAHVEST (0098)

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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.

22,676 comment(s). Last comment by IlmuKhodam 23 hours ago

fl888

7,691 posts

Posted by fl888 > 2023-06-20 11:54 | Report Abuse

WA will decide the ultimate winner for Bahvest ….can be used as a bullet for future funding

Catzai124

41 posts

Posted by Catzai124 > 2023-06-20 11:57 | Report Abuse

Wa expired next year do you know that? And mother below 0.45 you rugi mati

CKMNOP01

135 posts

Posted by CKMNOP01 > 2023-06-20 11:57 | Report Abuse

If touch 27 today it will b new high and go go go

cicakman

7,313 posts

Posted by cicakman > 2023-06-20 11:58 | Report Abuse

I believe I can fly :)
Oleiiii..oleiiii...oleiiii.

Catzai124

41 posts

Posted by Catzai124 > 2023-06-20 12:00 | Report Abuse

This fl888 bring people to Holland? WA have to be converted do you know that?

cicakman

7,313 posts

Posted by cicakman > 2023-06-20 12:04 | Report Abuse

Don't touch warrant cz you need more money to convert.Warrants not in money bahh.

cicakman

7,313 posts

Posted by cicakman > 2023-06-20 12:06 | Report Abuse

Vroooommmm up...:)
Oleiii...oleiii..oleiii

fl888

7,691 posts

Posted by fl888 > 2023-06-20 12:13 | Report Abuse

If Mother fly to 60cts….by next month, what will WA price be….

fl888

7,691 posts

Posted by fl888 > 2023-06-20 12:15 | Report Abuse

Buy WA now at 3.5, sure can sell at least 5cts… soon

cicakman

7,313 posts

Posted by cicakman > 2023-06-20 12:19 | Report Abuse

Bahvest is loosing money bah..
52 weeks high 41 .5 cts.
Jangan bikin anyanya pd orang meah!

Catzai124

41 posts

Posted by Catzai124 > 2023-06-20 12:27 | Report Abuse

If? Don’t make assumption thank you, someone will mati because of your speech

cicakman

7,313 posts

Posted by cicakman > 2023-06-20 12:28 | Report Abuse

Oleiii...oleiiiii...oleiiiii.
Sabah bolihhhhh :)
Yipeeeeee 0.27 cts

cicakman

7,313 posts

Posted by cicakman > 2023-06-20 12:40 | Report Abuse

WBO @ World Bomoh Organisations has verified the uptrend.
See only cannot makes $$$

joyvest

10,414 posts

Posted by joyvest > 2023-06-20 12:50 | Report Abuse

Illusionary and unsustainable.

Vincentbravo

1,095 posts

Posted by Vincentbravo > 2023-06-20 13:11 | Report Abuse

https://youtu.be/04wofd-rZtE

Vincentbravo

1,095 posts

Posted by Vincentbravo > 2023-06-20 13:11 | Report Abuse

Wat a nice song to ENJOY today... Bahvest will always be Bahvest :)

Catzai124

41 posts

Posted by Catzai124 > 2023-06-20 13:22 | Report Abuse

joyvest
Illusionary and unsustainable.
31 minutes ago
Still don’t want to join in? Before too late?

Posted by tommyleong2000 > 2023-06-20 13:33 | Report Abuse

vincent feel happy today.. should win a lot :)

LMN9997

485 posts

Posted by LMN9997 > 2023-06-20 14:15 | Report Abuse

WA still left behind. Sigh

cicakman

7,313 posts

Posted by cicakman > 2023-06-20 14:56 | Report Abuse

rgb is PRN N.9 start moving at 25 cts :)

stoneage

40 posts

Posted by stoneage > 2023-06-20 15:06 | Report Abuse

where you see 7777

bojed

5,064 posts

Posted by bojed > 2023-06-20 15:22 | Report Abuse

Go to 12:05pm 20/06/2023 and look at the volume. 3.08 million for 0.265.

Now go back to 04:18pm 15/06/2023 and look at the volume. 4.2 million for 0.25.

cicakman

7,313 posts

Posted by cicakman > 2023-06-20 15:22 | Report Abuse

There is 2 umno PRN counters in collections last week n 1 kelantan PRN

cicakman

7,313 posts

Posted by cicakman > 2023-06-20 15:26 | Report Abuse

If BV can close 0.27 cts,very positive indicators.

bojed

5,064 posts

Posted by bojed > 2023-06-20 15:30 | Report Abuse

By the way, Bahvest has performed a breakout from its downtrend line. Whether it will go through another correction or not, remains to be seen.

cicakman

7,313 posts

Posted by cicakman > 2023-06-20 15:35 | Report Abuse

Possible ,
25.5 -26 lower side
26.5 -27 higher side.

Income

11,121 posts

Posted by Income > 2023-06-20 15:39 | Report Abuse

Bahvest's New Management Provided Misleading Information at EGM, Says Southsea
Author: edgeinvest Publish date: Thu, 15 Jun 2023, 8:41 AM


KUALA LUMPUR (June 14): Southsea Gold Sdn Bhd has accused Bahvest Resources Bhd’s new management of providing misleading information about the firm at its extraordinary general meeting (EGM) on Tuesday (June 13).

Sabah-based Southsea is 75%-owned by Datuk Lo Fui Ming, who is Bahvest's founder and its former chief executive officer.

The EGM had been called for by a group of Bahvest shareholders to remove Lo, along with his son and former executive director Lo Tek Yong as well as former non-executive chairman Datuk Seri Dr Md Kamal Bilal, after the Malaysian Anti Corruption Commission (MACC) raided Bahvest’s operation centre in Tawau.

However, the trio resigned their posts in Bahvest before the EGM was held.

At the meeting, Bahvest's new management claimed that just before Fui Ming exited the group, the Bahvest founder transferred RM13 million to Southsea as a non-refundable deposit to commence negotiations about compensation for alleged wrongful occupation and trespass on a plot of leased land.

In a statement on Wednesday, Southsea rejected the claim, saying the RM13 million was actually a negotiated compensation, reduced from the RM20.4 million sought in the original letter of demand.

“This RM13 million is termed as a non-refundable deposit for the purpose of continuing negotiations towards reaching a final compensation sum to be paid to Southsea as part of a temporary settlement arrived between Southsea and Bahvest in relation to the wrongful occupation (of the leased land).

"It was to be paid in two tranches in consideration of an extension of time of 90 days granted to Bahvest. RM6 million was paid to Southsea on May 10, 2023 and payment for RM7 million was to be made by May 29, 2023," said Southsea.

cicakman

7,313 posts

Posted by cicakman > 2023-06-20 15:39 | Report Abuse

rgb is pure 100% goreng,carefull.

Income

11,121 posts

Posted by Income > 2023-06-20 15:40 | Report Abuse

"It was to be paid in two tranches in consideration of an extension of time of 90 days granted to Bahvest. RM6 million was paid to Southsea on May 10, 2023 and payment for RM7 million was to be made by May 29, 2023," said Southsea.

In the statement, Southsea said Bahvest’s crusher plant, processing factory, workers accommodation and other structures had been occupying Southsea’s leased land since 2018.

"No compensation was enforced by Southsea on Bahvest due to the goodwill between the companies and in consideration that Bahvest's operations were just starting then.

The demand for compensation was precipitated by the hostile takeover initiated by the current management, which diminished all form of goodwill between Southsea and Bahvest," said Southsea.

“A temporary settlement had been worked out following good faith negotiations between Southsea and Bahvest with full authority from Bahvest’s board of directors at an emergency board meeting held on May 3,” the firm said, adding that the temporary settlement was ratified by the board on May 15.

“Neither Datuk Loh Fui Ming nor Loh Teck Yong participated in any board of directors’ meeting relating to the temporary settlement. The terms of the temporary settlement had been announced to shareholders on Bursa Malaysia,” it added.

Southsea also said Bahvest’s position to not pay the remaining RM7 million to Southsea as per the agreed compensation, would be an act of bad faith and misleading to shareholders.

The firm also denied claims that there is an ongoing court case or material litigation between Southsea and Bahvest.

“Thus, there is nothing to run afoul of the sub-judice rule at the moment. This would seem as an excuse not to answer queries from the media and the shareholders,” it added, referring to Bahvest's new management's statement on the matter during and after the EGM.

Southsea in its statement also claimed that Bahvest had demanded via a draft agreement that Southsea refund Bahvest the RM6 million compensation paid on May 10 as part of the negotiated non-refundable deposit for the wrongful occupation.

Bahvest's shares gained 2.5 sen or 10.42% to 26.5 sen on Wednesday, giving the group a market capitalisation of RM321.70 million.

Income

11,121 posts

Posted by Income > 2023-06-20 15:42 | Report Abuse

Fighting again. Not going to be good. 👶

cicakman

7,313 posts

Posted by cicakman > 2023-06-20 15:45 | Report Abuse

Buy buy buy not throw not good ma,but inno just bought and sure of coz not involved in the throw bahh.

Catzai124

41 posts

Posted by Catzai124 > 2023-06-20 15:46 | Report Abuse

This income hahahah, always try to scare small investors by posting old news. As always price up we don’t see joyvest and income hyper active

cicakman

7,313 posts

Posted by cicakman > 2023-06-20 15:47 | Report Abuse

The fighting at green are good in stock market bah.

cicakman

7,313 posts

Posted by cicakman > 2023-06-20 15:50 | Report Abuse

Ppl talk good is good.
Ppl negative is good too.
If quiet not good ma.
Just say your view.
Can be upset but not angry :)

cicakman

7,313 posts

Posted by cicakman > 2023-06-20 15:59 | Report Abuse

Guess Closing price - 0.26 cts :)

bojed

5,064 posts

Posted by bojed > 2023-06-20 16:06 | Report Abuse

If Bahvest can close at 0.27 today, it will form a green/white marubozu candle, which is very good. Hopefully more volume will come in to support its performance today.

cicakman

7,313 posts

Posted by cicakman > 2023-06-20 16:15 | Report Abuse

Mesti mahu mandrum kuat kuat can get 27 cts .

cicakman

7,313 posts

Posted by cicakman > 2023-06-20 16:18 | Report Abuse

Krimggg...kringggg...
halo inno,can up till 27 cts ka :)

azrudin84

75 posts

Posted by azrudin84 > 2023-06-20 16:40 | Report Abuse

CLOSE 0.265.. PRAY HARD.. TOMORROW CONTINUE AGAIN..

Oowa

407 posts

Posted by Oowa > 2023-06-20 16:50 | Report Abuse

There is no cure for dumb ass. The more they say nay the better.

cicakman

7,313 posts

Posted by cicakman > 2023-06-20 16:52 | Report Abuse

At least positive up 1.5 cts.

cicakman

7,313 posts

Posted by cicakman > 2023-06-20 16:56 | Report Abuse

Thank you inno for not selling 🤣

Income

11,121 posts

Posted by Income > 2023-06-20 17:14 | Report Abuse

I drink Eno everyday bah. Haha 😂

Vincentbravo

1,095 posts

Posted by Vincentbravo > 2023-06-20 22:04 | Report Abuse

Sour Grapes as usual... Cheap dunwan to buy. Later will chase when high. And kena slap again and again from Bahvest :) If 10 sens to 27 sens still not yet make money from Bahvest, what a waste... Later above 35 or 40 sens U see la, suddenly the buy high sell low gang will magically appear again and again. That's Bahvest la... U watch and see!!!

rohank71

909 posts

Posted by rohank71 > 2023-06-21 02:54 | Report Abuse

held on to my shares.... BIG gain from 14 sen to now... Will sell tomorrow. finally need to cash out.

kk7198

2,483 posts

Posted by kk7198 > 2023-06-21 07:22 | Report Abuse

Selling so fast..... not 0.72? This is Bahvest, the next Equinox in the making.

cicakman

7,313 posts

Posted by cicakman > 2023-06-21 08:21 | Report Abuse

Haaaa...
If Inno not buying or selling,then where all those buying up come from?

cicakman

7,313 posts

Posted by cicakman > 2023-06-21 08:23 | Report Abuse

Just dial 103 for operator sure 100% can know bah. :)

Bullballs

1,194 posts

Posted by Bullballs > 2023-06-21 08:23 | Report Abuse

When r they going to charge Korek King?

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