BAHVEST RESOURCES BERHAD

KLSE (MYR): BAHVEST (0098)

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Last Price

0.705

Today's Change

+0.005 (0.71%)

Day's Change

0.69 - 0.72

Trading Volume

8,651,500


10 people like this.

22,682 comment(s). Last comment by IlmuKhodam 1 hour ago

Posted by timleecious > 2019-02-28 09:19 | Report Abuse

Good news tapi price dropped!! APA la !!!

paksaham

104 posts

Posted by paksaham > 2019-02-28 09:58 | Report Abuse

These are contra players

setia2u

971 posts

Posted by setia2u > 2019-02-28 10:10 | Report Abuse

Waiting games begin again? Till Feb production figure announcement or results in May to see some excitement, meanwhile let TH sells first, enjoy to pick up at lower price yeah, cheers!

QiaoQiao

10 posts

Posted by QiaoQiao > 2019-02-28 12:28 | Report Abuse

anyone know if TH really want to sell all of his holding in bahvest?

RedGreen

48 posts

Posted by RedGreen > 2019-02-28 14:01 | Report Abuse

I think: They will sell now until they pay TH dividend, then get a facility from BIMB to buy back later, By then, it is a BOOM !
(I guess, this is what they did last year)

QiaoQiao

10 posts

Posted by QiaoQiao > 2019-02-28 15:33 | Report Abuse

is TH still allow to buy shares in the future? thought news said the not allow to invest in equity? or may be i read wrongly?
according to annual report since 10 years ago, TH has been shareholder and if only sell now, sure making good dam profit

setia2u

971 posts

Posted by setia2u > 2019-03-01 11:21 | Report Abuse

Announcement from TH selling every two days, so this evening announce again?

hero666

689 posts

Posted by hero666 > 2019-03-01 13:45 | Report Abuse

@setia2u, didnt notice until you highlight it, thanks yooo. As u predicted noon time announced notice Tabung selling again on 27 feb

setia2u

971 posts

Posted by setia2u > 2019-03-01 14:18 | Report Abuse

Haha.... selling again

paksaham

104 posts

Posted by paksaham > 2019-03-01 18:36 | Report Abuse

More important to note is despite TH is selling, the share price continue to rise. Power!

Subaru

16 posts

Posted by Subaru > 2019-03-02 22:13 | Report Abuse

limit up next monday

sherlock

306 posts

Posted by sherlock > 2019-03-03 02:01 | Report Abuse

current mines of 28 hectare land discovered 4600kg proven gold reserves,and another 1900 kg possible reserves,in total 6500 kg gold would be produces within next 4 year.

at current gold price,which is around RM 160-170 per gram,the value of 6500 kg gold will be RM1.04 to 1.1 Billion,even proven resources alone worth RM 736 to 782 million.

sherlock

306 posts

Posted by sherlock > 2019-03-03 02:04 | Report Abuse

they produced 40kg gold in january,but i will only start to buy when the gold production increase to more than 60kg per month.

LKOH

365 posts

Posted by LKOH > 2019-03-04 08:00 | Report Abuse

Sherlock: Why do u set 60kg as the trigger point to buy, may I know what is your reason?

Posted by Vincenbravo > 2019-03-04 09:36 | Report Abuse

Bahvest at 61.5 sen and free warrant at 35.5 sen makes bahvest now at RM1.59 :) Still in the RM1.40 to RM1.70 neutral range. Its neither cheap nor expensive... Happy trading people !!

Posted by timleecious > 2019-03-04 09:53 | Report Abuse

Trekking, Trekking.... Needs a big big ang pow from BV!!

STYM

17 posts

Posted by STYM > 2019-03-04 09:54 | Report Abuse

Thanks Vincenbravo! Your analysis is accurate.

hero666

689 posts

Posted by hero666 > 2019-03-04 10:30 | Report Abuse

Shooting star on uptrend.... hehehehehe if u know wat i mean. Hope i'm wrong on closing 5pm.

paksaham

104 posts

Posted by paksaham > 2019-03-04 10:40 | Report Abuse

Apparently there is a full page article on Bahvest in today's SinChew. Any one has the link?

Posted by tommyleong2000 > 2019-03-04 10:49 | Report Abuse

it mentioned every month estimated got 75 kg gold production and the revenue is 12 to 13 million revenue per month .

QiaoQiao

10 posts

Posted by QiaoQiao > 2019-03-04 10:54 | Report Abuse

@hero666 > what does it mean shooting star on uptrend?

Posted by Vincenbravo > 2019-03-04 12:06 | Report Abuse

Those who bought at 32 sens and free warrant at 17 sen... CONGRATULATIONS !! Its almost double now !!! Less than 3 months we have doubled our investments :) Thanks to Bahvest, the KING OF GORENG !! Hang in there first and dont sell yet. May 2019 after quarter report is always my prediction since last year... Have U heard the saying "sell in may and stay away" Haha !!

sherlock

306 posts

Posted by sherlock > 2019-03-04 12:18 | Report Abuse

LKOH:i mention 60kg because base on current production cost of around RM10m per quarter,i expect cost increase further to RM16-18million per quarter once they fully utilized current capacity,means 1st 100kg of gold will be use to pay cost,and 2nd 100kg of gold will be profit.

so i expect gold business will only contribute significantly to the bottom line after they produced at lease 200kg gold per quarter,or 60-70kg gold per month.

sherlock

306 posts

Posted by sherlock > 2019-03-04 12:22 | Report Abuse

but too bad share price started to running already:(

Posted by o0o54088o0o > 2019-03-04 15:00 | Report Abuse

Bahvest soon to annouced very 1st dividen after 10years

LMN9997

485 posts

Posted by LMN9997 > 2019-03-04 16:07 | Report Abuse

guess now all the auntie uncle, sister, cousin, great grand father are buying.

paulthesotong

2,769 posts

Posted by paulthesotong > 2019-03-04 16:43 | Report Abuse

Beside gold.. dont forget silver n copper for desserts..

paulthesotong

2,769 posts

Posted by paulthesotong > 2019-03-04 17:05 | Report Abuse

Ore reserves 657000 oz silver n 6800 ton of copper.

guanKK

17 posts

Posted by guanKK > 2019-03-04 19:58 | Report Abuse

What happened? big move in price

Simple man

902 posts

Posted by Simple man > 2019-03-04 20:18 | Report Abuse

good counter for long term. this is a gem if you can see it.

zhangliang

728 posts

Posted by zhangliang > 2019-03-04 23:10 | Report Abuse

next stop 70 sens.

VenFx

14,784 posts

Posted by VenFx > 2019-03-05 00:19 | Report Abuse

Totally agree from the point of Reversal Target.

Chrishau

66 posts

Posted by Chrishau > 2019-03-05 05:11 | Report Abuse

TP 80 cents

paksaham

104 posts

Posted by paksaham > 2019-03-05 09:12 | Report Abuse

Warrant premium is only 24% now

Posted by Vincent Ho > 2019-03-05 10:13 | Report Abuse

Means ? what

Posted by Vincenbravo > 2019-03-05 10:46 | Report Abuse

I hate to write this and many will disagree or hate this comment :( Bahvest at 66 sen and free warrant at 38.5 sen today makes bahvest cross RM1.70 !!! Sad to say its time to start selling slowly. I have sold some today BUT just a very small percentage. Dont get angry and U may disagree with me and not sell or continue to buy. Its your money and no one can predict the future... For me selling today, i have almost doubled what i have bought 3 months ago at 32 to 35 sen. Remember buy low and sell high & the hardest part in this game is to SELL. But thats when U earn. Dont sell everything today but sell slowly above RM1.70... Cheers people & happy trading :)

STYM

17 posts

Posted by STYM > 2019-03-05 19:26 | Report Abuse

Thanks Vincenbravo for informing!

Posted by Vincenbravo > 2019-03-05 21:22 | Report Abuse

STYM, you most welcome ! Hope your average price is also low and earning by now. Cheers :)

EST85

393 posts

Posted by EST85 > 2019-03-06 09:11 | Report Abuse

Run.. profit taking first. See u at 0.50 or below.

paksaham

104 posts

Posted by paksaham > 2019-03-06 10:25 | Report Abuse

No more old songs

Posted by Vincenbravo > 2019-03-06 12:25 | Report Abuse

Next good news will be the monthly production announcement. In approximately 2 weeks will know. If can get 50kgs and above, price will jump again. Till then we are back at the RM1.40 to RM1.70 range where the price is neutral. Bahvest 63 sen & free warrant 32 sen makes bahvest around RM1.58 sen :) Those who sold above RM1.70 can use the money to buy back more shares at this lower price... Cheers people !!

Rehan

46 posts

Posted by Rehan > 2019-03-06 15:24 | Report Abuse

Vincenbravo

Do I get a warrant if I buy today?

If no, then why talk of it today?

Posted by Vincent Ho > 2019-03-06 15:32 | Report Abuse

Monthly production figures for Feb19 should be less as Feb only 28days plus chinese new year public holiday.
Unless production overwhelming that offset the number of days layoff.

hero666

689 posts

Posted by hero666 > 2019-03-06 15:39 | Report Abuse

Investment has few types of it, high risk , med or low risk, long and short term holding as well. If you feel today or this month Bahvest might not perform well, you might want to try Dayang, Myeg, HIbiscus, Superln, layhong... bunch of choices higher risk and faster/higher volume to excite you though.

Posted by Vincenbravo > 2019-03-06 15:41 | Report Abuse

Hi Rehan, of course U wont get it if U buy today. Its used to calculate the total price of bahvest. U can choose not to reach my comment BUT you cant ask me not to talk bout it. This is a free forum. Anyone can comment. Cheers Bro and welcome to Bahvest !! Happy trading and hope U make lots of money swimming with all the old SHARKS :) Haha !!

Rehan

46 posts

Posted by Rehan > 2019-03-06 16:13 | Report Abuse

Tks Vincenbravo

How much would be the EPS on diluted basis if BAHWEST produces 600 KG gold annually.?

Posted by Vincenbravo > 2019-03-06 16:25 | Report Abuse

Haha Bro Rehan, if U follow bahvest long enough U will know bahvest is not the counter U need to count or make technical calculations. This is a stock whereby it goes up when the owner gorengs and will drop when the owner decides to. Bahvest can produce 0 kgs of gold and the price can still fly and likewise produce 1 million kgs and the price can still drop. Bahvest will NEVER give U any dividends and will never ever take care of your interest. If U ever earn, U are blessed. Haha !!

Posted by teareader818 > 2019-03-06 16:25 | Report Abuse

Vince, I quite agree with Rehan's point of view. We should move on and focus on current situation. You have benefited by investing in Bahvest earlier, congrats and good luck to you. With your experience in this counter, we hope you will help us navigate the sharks. The big question now is, when do you think is the best time to buy, if it is not now.

Rehan

46 posts

Posted by Rehan > 2019-03-06 16:47 | Report Abuse

I am interested only in fundamentals. I have purchased this thinking they will make good amount of gol. No other reason.

Posted by Vincenbravo > 2019-03-06 16:49 | Report Abuse

Hi teareader818, to know when U buy, U first need to know how to calculate bahvest misleading actual price. U need to take bahvest X 2 and add with the warrant X 1. So today bahvest is around 63 sen and warrant is 36 sen. So its RM1.62 today. Now at this range i call it the neutral range from RM1.40 to RM1.70 meaning its not cheap and not expensive. Its NEUTRAL. If it drops below RM1.40, then its a good time to buy BUT looking at the current trend its hard to fall back to below RM1.40 :( My prediction is always May 2019. Bahvest will go higher than the previous high of RM1.40 & free warrant RM1+ (again dam confusing calculations before bonus issue) making bahvest previous high a bit more than RM2. At that time there was 0 gold and NO monthly productions and bahvest was making massive losses. And still it reached RM2. Today bahvest has monthly gold and quarter report is positive. So my humble prediction is at least RM2.50 before it drops... 1 more point to take note if U want to buy is to see what is your average price. If your average price is like mine below 40 sens, of course i wont buy today coz its so dam high. We just waiting for bahvest to go up and i will sell and run :) but if your average price is higher than todays price of 63 sen, U can consider to buy and lower your average... Cheers Bro and happy trading !!

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