It is preposterous for the New management to challenge the Letter of Demand ( LD) in terms of fraudulent element .The LD is drafted by the legal profession and the claims stated in the LD are based on Market value of the rental on the trespassed Land. Bahvest has publicly admitted the wrongdoing of trespassing and acknowledged the claims and prepared to negotiate to settle with the non-refundable deposit of RM 13m . Now they denied it. Who doesnt respect the law ? where is the integrity of the new management ?
Basically, the new management is only buying time to delay the compensation by resorting to all these futile exercises such as lodgement of police report for fraud . The truth is that Bahvest under the new management is unable to generate cashflow from its normal operation . They are expected to make huge losses in the upcoming QR and put all the blame on the predecessor management.
Bullballs I think it is time for me to double down instead of selling.
Bro, i am not here to promote buying and selling, because that i don't do. But with mining licence and first mover advantage in a sub- continent (Sabah, Sarawak, and Kalimantan) virtually unexplored and unexploited, with potential unmined reserves of various required metals for industry, then perhaps you should re-look into the size of Bahvest as compared to the 10th biggest mining players in the world. The Market cap of Bahvest is less than 1% of CMOC Group Ltd. (CMCLF): Bahvest is only at infant stage.
All the resolutions were collectively and duly made in the BOD. Hence ,no single directors are said to be accountable for the actions but the entire BOD. It is preposterous to single out DL as the only one who is allegedly accused of being in breach of Fiduciary duty. Breach of fiduciary duty must be proven in court ,not by MACC nor by the police. So far , no further charge brought to the PP by the MACC. Because of this reason, the new management has turned to the Police but the outcome is expected to be the same as MACC. No charge is expected. What FL and new management are doing is to buy time to delay the payment of compensation. They will face with the eventuality no matter how.
cicakman I see buncit with orang sungei with his sampan🤣🤣🤣🤣🤣
Bro, I see him on the sampan holding the pole close to his mouth aka a microphone and under the moonlight, singing, "Somewhere over the Rainbow....Skies are blue.....And the dreams that you dare to dream.........Really do come true. 😅😅😅
Soon Cicakman, you gotta look for another pilot to fly the warrant aircraft. Tower has already approved all the engine design specifications and flight patterns. Looks like the Bahvest stable is slowly growing to invade the top 20 horses on the bursa trading volume charts.
I think by Friday, this 31 sen is achievable. Maybe even Thursday. I get this strong feeling that there is not much disturbance from retail players, who likes to press the bell and ask the bus driver to stop at every bus stop. The movement seems smooth, with less mid- stop passengers.
Moon,if you study the daily trading pattern ,you will know n understand when it will move higher. I m not the person who know how to write but will roughly know where it is heading for.
Wait a minute... if you draw at the chart starting from its 52WL, today's low at 0.175 looks to form Bahvest's trend floor, which isn't that bad. We need to wait for next Monday's candle for confirmation first.
Betul, I would prefer the market maker to maintain just about 30-35 mil trading volume, rising about 4-5 bids and then consolidate, get rid of the passengers first for few days, up down about 1-2 bids and ready for the next cycle. Any splash volumes with hefty gains will be only be a short time affair, and if that happens than we also have to say sayonara to this counter.
Someone are willing to absorbed the 21.5,22.5,23.5 ,0.24 and 0.26 and cover all the contra days..... INNO has money and as market makers whichever direction he drives, whether short or long positions, he will make the money most of the time. There are basket ball players in INNO. So the buy and sell positions are well taken care of.
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....
CKMNOP01
135 posts
Posted by CKMNOP01 > 2023-07-18 09:52 | Report Abuse
@VicentBravo quotes - " Bahvest is always Bahvest, Buy low sell high." Where are you hiding?