Errrr.... Some personal view: 1) T.Haji looked more like booked their profit on 0098 at end of last year, seemingly had warehoused somewhere, reclaimed their 9.x% shareholding, so signal is GOOD as they are firmly holding on to it. Funny thing is: slightest negative news frequently had been picked up and reported on 0098 but hardly rectified its development after that, so to me, .... it means 2) 0098 is a stock where EVERY WATCHFUL EYE in the market KNOWS it is going to RUN, but just can't anticipating its timing, that is all. My clue: If you have a little corporate knowledge, and are smart enough, you should know when the timing is. (errr ... the announcement was a few weeks ago, so in days (or weeks) to come, simply wait for the circular begins to mail to shareholders first as the deal stills require a certified marriage between the two).
While I was away, I do encouraged many of my friends consider starts accumulating it when market is weak. Simply on the basis 1) 0098@RM1-00 compares bank interest, it only requires only up 3 sen would then equal interest gain for entire year compares to depositing at the bank; bank is okay but sees no broad horizon beyond the 3.x% interest; 2) @RM1-00 level, it is very close to the generous dato who had his shares issued @.9x sen for his stake from SE Gold into 0098, at this level, it certainly looks like a good bargain, and it is very safe being close to his cost. hehe ..
Lastly, 3) it is more IMPORTANT for investors to consider this: It is wiser to begin investing into potentially a huge gold mine w/theoretical Billions of USD of ore reserve at the START of the 33+ years (its mining rights w/land title operates thru to year 2048) RATHER THAN disposing it at the first one month after announcement, as it defies basic principle of investment ..so AS LONG AS YOU KNOW WHAT IS THE REAL "SUBSTANCE" will be merged into 0098, shouldn't let FEAR factor caused by weak market sentiment to affect an investment decision. If fears prevails, others will take your stock away. It is a fair game (as I notice most people still often got trapped in the wrong game of buy high sells low, so funny).
But here is also something for you to think about and should seek answer for yourself:-
Say, assuming the day finally is here, would you disposed 0098 at the first 6 months when its stock price eventually starts to catapult ?.. and let the remaining 33 years' revenue be someone else' possession ? (usually majority of small stockholders' equity would end-up in the hands of investment funds, AFTER they realising its true value in months or years to come).
So, where can you find such equivalent goodie find from Bursa lately ? Like many, I do have a target in length of time N price target too but prefer to keep it private.
wow.... our Kakaman finally emerged again, we missed you so badly lah... please do come in more often to enlighten all of us on this 0098. I think soon they need to change the name too, to Harvest Gold Berhad. hehe.... now I know why TH jual/beli, thans gold I did not sell.. but now is the god time to wack if you have anymore fund...
market baik pun tak mau goreng, market teruk dia jatuh lagi.. i dah penat...betul ada emas ke?? tabung haji beli tapi tak nak goreng buat apa? bukan ada dividend
Next few weeks the owner will sell some to angoow for CNY, so more down side expected... More patience needd... Where is our sigu kakaman... Huhhhhh Arghhgg....
HUH ? waiting for me ? for what ? Believe it or not (up to you) I am buying daily (only when it trades red) discipline and patience, pyramid system i.e. price lower, collect higher the number.
When stock is low, it affects one's confidence, sentiment and judgement, that is okay, understandable) but I know what I am buying for and certainly not looking for 20, 30, 50 Sen gain. As I said, I am accumulating for mid/long term investment at the start of the 33+ years concession for me and for kids, Errrr ... 2048 is a long time ahead, (hehe ... long dead by then, but I am quite confident I shall see good yield not too long from here) .
See our Kakaman already spoken... Aiyooo expecting your long insight message lah... What is the status now? Still prospecting the outside 10% area or talking to world class miner to JV with AquaGold? Give us some update lah.. No angpow for CNY but update pon jadi le....
Yes the only good nws is gold price has been on the up trend recently, but Bahvest is on the down trend, hopfully will rverse soon, the only hopeful gold counter in Malaysia..
Yeahhhh 0.80 coming soon.. Lucky i sold down from 1.2 to 0.95... So now time to collect kaw kaw... This is even better than pre gold announcmenet in Nov-2015. Below 0.85!
I agree with you, that is why I sold much earlier, looks like they need a long time to convince Bursa they actually found gold, Borneo oil done the Pahang gold mining deal in less than 2 months, and immediately production since then.. this one after 3 months also no news... Beside you can see the volume, hardly anyone take note of this counter even Gold Price is ALL time high! SIGH!!
Musang: B.Oil was a Rights Issue. The nature is quite different. Anyway, looks like 0098 is settling down N reflects actual volume and should find its footings given natural buying and selling where 100-150K+ daily should read as "natural". Personally, I read it as okay from here. The previous two trading sessions prior to Friday saw a gentleman finally willing to cut lost with his ever rolling positions (few hundred K) for last few weeks, finally cleared his position on Wednesday & Thursday (since RM1.1x N looked like he had to sell more to offset the contra lost as evidenced dragging to T4 but had given the stock unnecessary pressure via his doing). I got probably 1/3 and looked like a few equally patience co-investors took the rest. I just don't understand why still has public engaging contra without a margin/cash standby to park in case something market not going its way. funny and equally feel sorry for it ...
As I said, if you lost patience and hitching a hike untimely, others would take your stock away, as we don't know each other hence it is a fair game, I guess.
sringgit dua jadi sringgit satu. lepai tu jadi sringgit. la jatuh lagi pi sembilan kupang. lani lapan kupang dah. minggu depan tak tau jadi tujuh kupang ka. teruk betui la kaunter ni. menyesal betui
Thks Sifu Kakaman, looks like the selling pressure ending soon. Lets hope the oversold trend reverse soon...time to collecting now...yeaahhhhhhhaaaaaa!
Today i read one of the telegram group rekomen Bahvest ohhhh...he said watch for the reversal trend..and today first time in Feb turned green.... But why no news on submission for approval on the proposal yet which suppose to be within 2months from 20-Nov announcement? They should hire a new IB for this...AGM is long way to go...so not sure Q2 can complete the exercise..
Pak Tebu sabar..dah grok dah..0.85 to 0.895, minggu ini kalu tak ada halangan kita kasi dia tembus 0.9 and above... Oversold is done like Kakaman said... Lets hope now is one way up until announcement soon...sape ada bullet cepat tambah before late. Gold price also cantik..mana boleh dapat Bahvest bawah 0.90, rare opportunity.
ok Pak Tebu... kita doakan bersama semoga Bahvest cepat process submission approval and AGM to venture into this Gold Mining sooner and JV with world top miner to start the mining asap to become Malaysia/SEA biggest Gold Miner, we will collecting dividen for next 33 years! Huahhh ahhhhh
Alhamdullilah... kesabaran diberkati... insyallah naik balik RM1.25 by next month, volume pon dah pick up.. cepat beli sebelum miss the boat at this low price, rare opportunity. Lai lai..
heading into end of Feb is Quaterly result time, most counters will be on uptrend until result out, but for Bahvest breeding Groupa fish unlikely to make much money, so I dont expect any exciting news, except waiting for them to submit to Bursa for approval and pending for AGM. I think for now just normal technical rebound, after bleeding so much last few weeks... SIGH!! :((((
yes. we all have waited so long for their gold mining news but after the first announcement so long time still quiet. don't know how long it will drag and drag. even the first announcement drag for so long. this counter very slow
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....
kakaman
18 posts
Posted by kakaman > 2016-01-22 01:27 | Report Abuse
Errrr.... Some personal view: 1) T.Haji looked more like booked their profit on 0098 at end of last year, seemingly had warehoused somewhere, reclaimed their 9.x% shareholding, so signal is GOOD as they are firmly holding on to it. Funny thing is: slightest negative news frequently had been picked up and reported on 0098 but hardly rectified its development after that, so to me, .... it means 2) 0098 is a stock where EVERY WATCHFUL EYE in the market KNOWS it is going to RUN, but just can't anticipating its timing, that is all. My clue: If you have a little corporate knowledge, and are smart enough, you should know when the timing is. (errr ... the announcement was a few weeks ago, so in days (or weeks) to come, simply wait for the circular begins to mail to shareholders first as the deal stills require a certified marriage between the two).
While I was away, I do encouraged many of my friends consider starts accumulating it when market is weak. Simply on the basis 1) 0098@RM1-00 compares bank interest, it only requires only up 3 sen would then equal interest gain for entire year compares to depositing at the bank; bank is okay but sees no broad horizon beyond the 3.x% interest; 2) @RM1-00 level, it is very close to the generous dato who had his shares issued @.9x sen for his stake from SE Gold into 0098, at this level, it certainly looks like a good bargain, and it is very safe being close to his cost. hehe ..
Lastly, 3) it is more IMPORTANT for investors to consider this: It is wiser to begin investing into potentially a huge gold mine w/theoretical Billions of USD of ore reserve at the START of the 33+ years (its mining rights w/land title operates thru to year 2048) RATHER THAN disposing it at the first one month after announcement, as it defies basic principle of investment ..so AS LONG AS YOU KNOW WHAT IS THE REAL "SUBSTANCE" will be merged into 0098, shouldn't let FEAR factor caused by weak market sentiment to affect an investment decision. If fears prevails, others will take your stock away. It is a fair game (as I notice most people still often got trapped in the wrong game of buy high sells low, so funny).
But here is also something for you to think about and should seek answer for yourself:-
Say, assuming the day finally is here, would you disposed 0098 at the first 6 months when its stock price eventually starts to catapult ?.. and let the remaining 33 years' revenue be someone else' possession ? (usually majority of small stockholders' equity would end-up in the hands of investment funds, AFTER they realising its true value in months or years to come).
So, where can you find such equivalent goodie find from Bursa lately ?
Like many, I do have a target in length of time N price target too but prefer to keep it private.
Good Night.