If you look at the monitor everyday, sooner or later you will be flushed out. Just buy and forget about it if you are confident what they dig is real gold and not mud
Today I am SENANG so I'm gonna write a long post. If U are also SENANG you can read it. See if U agree with me...
1. Two months ago when Bahvest was above 70 sens, too many people joined the Bahvest Family. Owner and Gang knew it. And they will never ever keep on pushing higher and higher for everyone to sell. That way they will LOSE. Since owner very very seldom lose and mostly win, they decided to sell and take profit first. So they we selling at 70 sens ++ until eventually the ikan bilis count not buy as their money finished. With all the good news out bahvest could not fly becoz owner and gang sold and sold and sold
2. Soon the buyers for the 70 sens finished. Their money also finished. And the owners continued to sell. So the price dropped below 70 sens. Remember their aim of selling was so that NOT SO MANY people joined the Bahvest Family so when they push in the future, not so many people will sell. Remember owner and gang want to make money. Not help us to make money. Agree?
3. Below 70 sens. Many people sold. Many angry disappointment bitter & sad. Why this why that. Why can drop. Bahvest penipu. Report bursa. Owner karma. Fake gold. Fake report. All the complaints. Becoz they lost money. When people lose money they will get mad. Blame everyone except themselves. After all who ask them to BUY HIGH? Remember it's buy low sell high not the other way round. But they didn't blame the self. They blame others. They are always right to buy high
4. As more and more people got fed up. They started to get confused. This bahvest really can a not? Really got gold a not? Really can fly a not? Really can reach RM2 to RM2.50 a not. They forgot when they bought above 70 sens they said CAN. Now drop already they suddenly changed their mind and dunno can a not. Is bahvest really a gold mining company or maybe tipu one. All the maybes came
5. So they got scared and sold their shares at a loss. Buy high sell low. And got angry. They start convincing others to also sell. Sell la. Bahvest no future one. Bahvest cannot wan la. Other counters better and start to promote other counters. Buy this good buy that good. Every counter better than Bahvest. If so good why U buy bahvest in the start and didn't buy the other counter in the first place?
6. As more and more people sold the price obviously dropped. From 72 sens to 61 sens and for free warrants from 42 sens to 33 sens. Thats around 20%. Guess who bought back all the shares at a cheaper price? Volume in the millions everyday. So many people and left bahvest. The one time flying horse. They one everyone cheered for. They one people said the best. The one everyone say surely can win. The one everyone went all in above 70 sens
7. Remember, there is not a single bad news announced. Did bahvest lose their mining license? Did the owner die or fall sick? Did bahvest have any court case ppl sueing them? Did Macc do any investigation. Did bursa query them? Did world gold price drop? Did revenue or profit drop? Did production drop? NOTHING. 0 bad news but people got scared and sell and run. Sad case :(
8. Now owners know many will come join back when it's cheap. 50 sens ++ many will come buy back. Or more will come buy below 50 sens. Remember the start of this whole game is to shake of some people before they GORENG. So if they let U buy back cheap then at 70 sens +++ again U all will sell and cabut. So owner again got to buy your shares to push higher. Then how? Back to square one. Owner and gang are what I call GORENG KING. They will earn the most. So U think carefully if the owner will push the price down very low for all of us to buy. And again sell at 70 sens ++ Then owner earn what?
9. Start buying slowly guys. There is already a 20% discount. Even if U don't want to buy, don't sell your shares. Keep it first. Again I'm very very sure RM2 to RM2.50 easily. Bahvest X 2 + free warrant X 1
10. Happy Trading Guys and if I write until like that and U all still lose. I also dunno how. Imagine if I selfish and write SELL SELL SELL and run for your life. Surely I can buy back all your shares so much cheaper. But the reason I keep on writing is so that the ikan bilis don't kena again and again from the owner and gang. Cheers!!
@superrr Don't be too pessimistic. Looks like there's a change in sentiment for Bahvest today. Result I guess should be out today and not so low afterall
Do not be concerned with the mth to mth fluctuation in output given operation is running smoothly. I am not aware of any major issue arising from my source. Including the updates presentation to Institution funds on 2 July in KL. The Co is only processing the top layer of soil at the moment and when they hit the rock or oxide soil, the gold content will be much higher. Generally. in open pit mine in most gold mining area the top soil gold content is low and not feasible to mine. However, in BV the gold content is high and economically feasible to mine. The story I heard was when Optiro (Gelogist) was initially engaged for preliminary survey few years ago (prior to the official appointment to survey the Wullersdorf 28 Hectares of land out of total acreage of 306 Hectares), Optiro was shocked at the low-hanging fruit of gold available in Muntri Hill, Tawau. The current gold output at top soil proved Optiro initial findings.
Mining top soil has its problem when torrential heavy rain occurred continuously for few days, will result in poor access road condition hindering logistics movement and excavation of the soil. Processing also slow down as earth turned into sludge though modification to the processing had been improved. Also bear in mind, in gold mining you cannot have consistent mthly output like a manufacturing operation. If you excavate the earth with higher gold content during the mth, the gold production output will be higher.
Let me throw this vision I have of BV getting a JV partner with an established gold mining Co with expertise and capital to mine it a more aggressive extraction on a profit-sharing arrangement. If I am Datuk Lo, I will seriously think of this strategy. No additional risk of extensive investment in Capex on PPE, BV profit will quantum leapt. What would be the profit generated???. I would say sky is the limit. Datuk Lo is already 62 and I am sure he is a man hurry though the lease period is 34 years to go.
Let us as investor be patience with the management as they are also going thru a learning curve to achieve its corporate vision.
@investor 9999 very well said as far as production process is concerned. However, what is unnerving to most investors here is the price movement which showed heavy manupulation and not in accordance to logic
I am no an expert to comment on share price movement.Let us see the coming Q1 result in late Aug and Q2 in late Nov and by then we could already have clear indication of BV deliveries in profit
As the gold production output will announce very soon, let see how it perform. Some insider fight (if any) may provide an opportunity to buy at low. Of course the production output need to be solid.
flashing out impassion investor is the golden rules.. BV is dealing with gold.. not hanky panky products... uptrend is intact..reshuffle of major shareholder soon...
Becareful of the positive comments again. Especially from vincentbravo gang. They only spread good news for you to buy only. Dun forgot to sell if REBOUND.
Wah volume so high today !! Not even break time already 7 million ++ bahvest & free warrant also 7 million ++ volume. Super high :) Happy Trading Guys...
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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....
Vincentbravo
1,095 posts
Posted by Vincentbravo > 2019-07-24 09:23 | Report Abuse
Did U all manage to buy some cheap shares today? Bought 150k at 61.5 sens :)