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!
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)
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
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.
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 !!
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 !!
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.
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 :)
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 !!
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.
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.
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 !!
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 !!
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.
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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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....
timleecious
104 posts
Posted by timleecious > 2019-02-28 09:19 | Report Abuse
Good news tapi price dropped!! APA la !!!