It's just the start of the panic sell. After lunch the super brave people who bought above 70 sens will not be so brave anymore will start to throw. And the chain effect will start. Until the end of this week. They have bought around 30 million shares (my prediction only) and many on contra, margin, T+2 and some even T+8. Really SAD SAD case. See U at 59.5 sens... Haha!! Where all the BRAVE people now. So much shares to buy above 70 sens... Why stop buying already? BUY la. Please :)
everyone now is cursing Bahvest. Maybe its true the Boss and Gang are King of Goreng and make money from ikan bills like us. If this is the case I really think we should sell all now since we are making money and cuci tangan. Look at other counter better. Waste our time only. All good but price still no good. what's the point still waste our time monitoring this? Go other counter better right? VincentBravo. Any other good counter to consider? Lol.
Singapore listed gold stock with a small gold mine in Pahang is up another S$0.015 to 0.28 now. Already up almost 40% since gold price run up. What the F is Bahvest doing?
What for curse the counter? Do play your game well only, up & down in share price IS just the norm of share market. Cheers. Like me, I am waiting to buy back, waiting for production result now, BUT if the figure no good, I will stay away for a while.
Hi LMN9997, stock market is an art and skill U keep on improving and getting better and sharper. And is something I LOVE to play. Bahvest may be a SHIT counter BUT there is lots of money to earn from it. Honestly I have earned MILLIONS out of them and is my favourite counter to play. I may talk a lot of shit about the Owners and Gang BUT I seriously earn a lot and will never run away from them. Remember buy LOW sell HIGH and that's the secret to make from them. Anyway as I'm typing this comment the shit world gold price has jumped another 1% today. It's USD1434!!! And that's crazily high... SERIOUS!!!
Bahvest Resources Bhd (-ve) TRADING of shares in Bahvest Resources Bhd (fundamental: 1.1/3, valuation: 0/3), previously known as Borneo Aqua Harvest Bhd, triggered our momentum algorithm yesterday for the third time this year.
The stock closed one sen or 1.44% higher to 70.5 sen yesterday, with 18.48 million shares done, much higher than its average 4.08 million shares recorded in the past 200 days.
For the fourth quarter ended March 31, 2019, Bahvest saw its net profit plunge 87.36% to RM8.62 million from RM68.18 million a year ago, partly due to its adoption of the Malaysian Financial Reporting Standards (MFRS) framework. The adoption of MFRS offset the contribution from higher quarterly revenue, which soared to RM31.82 million from RM755,000 a year ago.
For the full financial year 2019, Bahvest’s net profit slumped 70.07% to RM5.55 million against RM18.54 million a year earlier, despite revenue almost tripling to RM65.02 million from RM22.22 million a year ago.
Gold price at another NEW HIGH around usd 1440. At this moment my call is to HOLD, don't sell. We wait and see how things go first. Becoz this world gold price is now too CRAZILY HIGH... Cheers Bros!!
Hi cybergreen, I'm really sorry as I cannot believe that the world gold price can fly up so fast. Now that the world gold price has jumped so high, I'm just sharing to all of U to hold. Its still your own call. But USD1440 is really high. Just hold first and see how...
Who can believe the world gold price can up so much? Even the owners and gang might have an emergency meeting to change strategy. They were definitely dumping like crazy lately and me too BUT what happens if the world gold price reaches USD1450, USD1500 or even higher? Are we still going to sell and talk SHIT about Bahvest or maybe its time to join in the GORENG train... All we want is just to make money. If wrong we find a solution and correct it. As long as we earn money, it's OK to apologise and WIN...
The outcome of the institutional investors meeting on 2 July will determine whether the operator n boss still want to suppress its price. If they are convinced of Bahvest's future and started to buy in, all hell will break loose and we can really see how the goreng king goreng
Target Price RM0.605 Last closing price RM0.675 Potential downside -10.3%
Upside may be capped. BAHVEST’s share price formed a bearish engulfing candlestick pattern on a weekly basis, signifying a potential bearish reversal after a steep rally. Peaking RSI and fast-paced MACD indicators currently signal an exit to sell into strength, anticipating performance in momentum and trend to normalize in near term. Should support level of RM0.665 be broken, it may continue to drive price lower to subsequent support level of RM0.605. Note that the potential halt in uptrend presents an opportunity for profit taking instead of intraday short selling.
Guys just look at the live World Gold Price... How can U ever sell when gold is hitting NEW HIGHs every single day. Its flying again now almost reach USD1440. How to sell? What is Bahvest all about?
vincentbravo, the way you trade doesnt look like a value investor pattern... it sound like you are the pro trader... always can buy low and sell high...and can change ur word anytime.
Guys Relax la. Just ask U all not to sell and HOLD. That's all... For me I sold 1.1 million at an average price above 70 sen++. That time the world gold price was only usd 1300++. Today its usd1400++ and i bought back 400k shares. So I think its a good deal. That's all :)
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....
Holyman
225 posts
Posted by Holyman > 2019-06-25 11:19 | Report Abuse
Can the owner do any thing without help from foreign buyers.?