KK7198: I wanna catch something for breakfast and coffee, I will come into the thread later. When I saw your posting, it is like a horse cannot be reined in, raring to go, I was thinking, whats in your dream last night bro, this morning turning into a thoroughbred eager to enter the starting post..... gate springs open and they are racing......😁😁😁

Woi kk7198, what's with you, firing all cylinders on Saturday morning, working out and engaging on a slashing and whacking spree of Bahvest challengers and shortist bookmakers.

KK7198; live by the Sword, and die by the Sword. Not far from the adage,,

youarewelcome88:
Precisely, Fishmonger seated at left, ask a question, then Fishmonger runs to the right, to the opposite chair and answer his own question. And the flow keeps repeating. He is CEO of Bahvest, he approves and signs the structures to operate and earn income so that partially, income can be rerouted to SouthSea.: Embezzlement, abuse of power with the intention to cheat, to steal company wealth. Failure in fiduciary duty:: polite version of the allegation of being a lousy conniving and stealing scoundrel.

kk7198: Oh, Podmore passed away at age 80 in 2005. Wow he was riding in Sing/MRA circuit between 50-60 yrs of age.. So little wonder for that stone cold facial expression those times for a pro that have seen it all.
How are you related to Clyde, or via Charles as acquaintance?

KK7198:
Have never heard of this Zac Purton until today. Focus were always on the HK classic winners. His stats average is excellent, achieving victory for every 4/5 rides. Got to watch and check out his performance from previous videos. Yet to bag the Melbourne big one.

kk7198
moonslayer bro, Australian Hugh Bowman macam tak boleh, now in fourth place in Hong Kong championship. Maybe Equinox's rider frenchman Christoppe Lemaine is better than him?

Bowman's era and stars are not shining as bright like previous when the mighty Winx reigned the turf. He is way below compared to Cristoffe in rankings. Cristoffe and Equinox, mutually attached in mind and emotion, perhaps can talk and understand one another, hand in glove. Maybe the two of them could even discuss the run patters required to run a race, That's how they are made for each other.

youarewelcome88
@moonslayer274... Good response from Bahvest.......

The 7M never previously paid to Fishmonger, that's why one of the stated claims that Fishmonger is demanding is the 7M. The counter claim from Kretam is the recovery of the paid 6M. Now confirmed, the issue response from Freddy is thumping the hammer down on the table, "See you in Court". Initial legal proceedings would be the advise to both parties to seek out of court settlement. But this recourse will not solve the dissenting party claims and counter claims. This legal battle will drag, till kingdom come, because Freddie knows he has the advantage, knowing the deeds created and executed by Fishmonger (read Bahvest counter claims (a) and (b)) and also Fishmonger is a court cluster. The injuction in favor of Bahvest ends on 17th July no doubt. But this is not the real fight in court, its not the final judgement. The real fight that Freddie seek is to bring witnesses and elicit sworn statements under oath, where issues are debated, proved and disproved to nail Fishmonger as in (a) and (b) in Bahvest counter claims. Injunction to these corporate players are like Lunch, Eating sandwich and washing down with Ice lemon tea.
Issue of political support: Bro, youarewelcome88, imagine you are from Sandakan. You wanna whack somebody high ranking, esteemed corporate individual in Tawau. You don't do homework to check who are his connections and backers? If you neglect this aspect, either you are an owl or you were born yesterday. (iIdon't mean its you, just a general remark) Do you wanna commit suicide?
Just reiterating, when Freddie was going thru rough and tough, Fishmonger was only in diapers. I only hope Fishmonger will not be triggered to perform another Wagner intrusion, or else he would be walking straight into the path of Freddie holding a shotgun to Fishmonger's head.

KK7198: excerpt from an interview:

"But ask Purton a Dorothy Dixer to name the best five jockeys in the world right now, he lobs back four (in no particular order) – Ryan Moore, Christophe Soumillion, James McDonald, and Hugh Bowman – leaving that extra slot for me to add himself in.

"I've got no regrets and I don't want to have any regrets. Yes there is unfinished business, the race I want to win is the Melbourne Cup, that's number one, but I've been lucky enough to travel the world, win at Royal Ascot, Group 1's in Japan and Singapore, and I've learnt to change and adapt my style wherever I go."

Cicakman:
Semalam Bahvest announce Dracula Buncit sent a writ (letter of demand) and statement of claim against Bahvest, Baru sekejap ini Bahvest announce Fred and gang response by a writ and statement of claim against Dracula Buncit. Permainan badminton atau table tennis.
What Fred is saying, dont talk so much la buncit, see you in court lah.

cicakman: Fred oso the director of SSW too correct.?

On this not sure la Bro, but possible, because not many Sabah PLC, so perhaps just oblige to become small supporting investor, like CSR purposes.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3367703

Woi.. why this domain now silent as hell. Fund managers, traffic jam or has not returned after Friday prayers? Or have cashed out, now enjoying on a yacht with bikini clad ladies, merry making, singing and drinking!
See above posting on Bursa Portal.
Bahvest and Southsea playing badminton, or as in the early 70's where Art is eloquence to recite poetry: Bahvest and south Sea now involved in "Pertandingan Berbalas Pantun".

Lester is the typical conservative class, esteem English gentleman, an eccentric demeanor, but not surprising, as he has the game in his pocket, a maestro they regard as the reserved and silent assassin.

KK7198, Eh Leck should not be an apprentice anymore, because of his wins in one season exceeding 40, is it not? And he is already 24. If you look at him, I think at age 40 he will still retain that boyish appearance. That said, reminds me of I Azhar. But Ismadi is more of the serious, no holds barred appearance. But no one can beat the appearance of stone cold, hold on to your breath, George Podmore. No way can you second guess what's going on in his head.

cicakman
MMH I guess,
How is Iceman business?

Kretam palm oil and related business doing OK, still profitable, naturally. His other holdings in Destini and Bor'oil not substantial. small. Yesterday his shrunken timber vehicle Priceworth (always teringat price waterhouse) made capital reduction announcement. This one they will have to inject new business, because timber is a no go due to global sustainable issues.
But Bahvest, fight- for- life takeover issue + Sandakan Move, and InnO acquires to become substantial ownership. Iceman pledged shares has only close to 4%. Never done in this manner b4 by Icemen, Since INNO is owned 100% by Kretam, so Kretam now is part owner of Bahvest. He has done changes like you indicated yesterday, and I wont be surprise if Bahvest might assume a new name later on, to take off or erase any associated linkages or stereotype to Dracula Buncit Fishmonger.

Cicakman, half an hour ago, supply energy about 30 kilovolt. Now on my delayed screen, is close to 50 kilovolt. I think he is waiting for 100 kilovolt so that he will absorb and jump to No.5 in the top 40 table. 😎😎

Cicakman: I sengaja tak nak bro, sebab tak perlu. I ada urusan lain yang i kena jalankan. Lagipun i tak involve T2 trades. Jadi i tak perlu fikirkan the minute to minute development. Hati lebih tenang dan jelas. I buat posting supaya dapat berinteraksi dengan rakan2, selingan, sementara I buat kerja at my PC. Bahvest, I sudah lockup dia dalam Genie Bottle. Tak boleh keluar selagi belum Aug 2024.

Cicakman: Market Overall volume thin today. 2nd half will improve. I think this horse might close at 25.5 today, not bad momentum.

If it absorbs the supply energy, it will be placed at no 3 top 40. Betul.? I tak ada live stream, cuma yang 15 min delayed.

You need sledgehammer or machete or C4 explosives?

Cicakman, again flight delayed, sky traffic jam, cannot move. so can meet the 6 day target?

Income
a snippet of the report:
the Board of Directors are delighted.......

Alligator security also can cause Bahvest to rise, Nest, they must position Anaconda and Komodo Lizard at the outer perimeter security office. You search and provide some good candidates for this position for the management to consider.

youarewelcome88
@blueberries...my take on cancelling the concessions............
Bro,the concession is awarded by the state govt of Sabah, and concession holder must comply with stipulations in concession agreements, which is facilities, assets and manpower. By losing Bahvest, South Sea is no more an-on going concern and therefore is in default, thus not suitable and therefore no more tenable to fulfill the requirements of the stipulated terms and conditions. But the nagging question to be addressed: who approved the Bahvest/South Sea arrangement to be allowed to co-exist on the concession or is the authority not aware that Fishmonger has hived it off to Bahvest, and because this operation is carried out in seclusion, the whole operations run on a hush-hush basis far from any scrutiny. Or is Southsea the vehicle by which Fishmonger channels pension funds for some undisclosed individuals that provided the concession approval? Fishmonger cannot use Bahvest to do this.
Its unlikely and not advisable for the state authority to be sued by Fishmonger who no longer has the capacity to deliver, but yes I agree with you, youarewelcome88, that, maybe let Fishmonger and his connections stash away the 6 mil that Kretam earlier paid as retirement funds, on condition that Fishmonger seeks the authority to surrender voluntarily the concession. and thereafter Bahvest registered as concession holder. Effective and faster, so all forms of litigation dropped. Clean Slate for Bahvest.

youarewelcome88:
Bro, I beg you save the praises, I am only a moderate person, sharing within this thread. Becos tomorrow is another battle, whose outcome is so uncertain. If Bahvest goes off the course, I might be the fallen angel 😄😁

KK7198 excerpt on article:
"Addressing Bahvest’s claims that an unidentified crew of men disrupted its operations, Southsea said it will enforce the implementation of enhanced security measures at the two entrances of the mining lease land."
If Bahvest wins Grammy award for best suspense thriller company, his alter ego the blood sucking Dracula should win Best Actor award. All these years Bahvest has not been intruded, and then it happens during this tussle and he is pretending that those Wagner mercenaries were not contracted by him. Wah, this blood thirsty creature is really sleazy and slimy.

@youarewelcome88
1) Any company that fears Litigation should not be listed. What is new about companies served with a writ and statement of claim. It comes so natural to companies that its like the need to brush your teeth in the morning. The usual response is there are 14 days to enter your appearance i.e. to tell the court and the Plaintiff that you will be coming to court to fight the suit. And how many cases have the world or this country have seen, whereby the legal process is protracted for (donkey) years before any judgement is passed.
By the fact that Kretam is seeking return of the initial 6 mil, this is already a certainty to refuse paying to Fishmonger even a single cent. If they go for court battle, would be minimum one year, And don't forget, this CO vs CO is a favorite situation for lawyers to stretch the duration of the case. Longer extended period, fees gets fatter. And in the interim,if Fishmonger bring in Wagner mercenaries for another intrusive excursion, that will create new facts to be introduced into the case. Actually the onus is on Fishmonger to behave, while Kretam will use avenues to drag the case. In this period if Fishmonger, a court cluster is ordered to defend his case in court then the MACC charges might take precedence over this Lease and tenant issue. All these are battles between lawyers on both sides. Management still continue their work with minimal disruption. Rest assured, when Kretam was younger fighting rough and tough, Fishmonger was only wearing Diapers.
2) Bro, Southsea does not own the land. He is concession holder only. Kretam knows if Bahvest is required to evict, Govt will not receive money as taxes. Fishmonger without assets and manpower, carry shovel, cangkul and water pail and dulang all by himself for DIY operation? Kretam will not pay Fishmonger one cent.
3) Fishmonger by being a rent seeker whereby approve Bahvest structures built on Southsea and then use his power to have the capacity to dictate the lease terms and conditions according to his whims and fancies. This is abuse of power, when the interest of Bahvest must be priority as the organization is entrusted under his executive powers. Perhaps dracula is an apt title for Fishmonger, becos he sucks Bahvest from the side. This is not like building rented houses and then collecting rent from the tenant. wherby land owner is not part of the household. Give it some time Securities Commission have received reports on Dracula on this pertinent issue.
4) This legal tussle between Kretam Assassins and Dracula will be a protracted battle, but will not have any significant effect on operations. Kretam is wishing that Dracula send in his band of vampires to create disturbance again, if he is foolish enough. Which i think he will.
5) Bro, our oil flagship Petronas is not short of being challenged with multiple court cases. Go into google and type out protracted cases faced by companies taking more than 5 years. Also go through financial reports of our PLC,, not difficult to spot one with impending litigation That will say it all between this Sabah gladiators mine tussle.
Companies that fear litigation should not deserve to be public listed.

The year 2023 will be inscribed in permanent memory, where the supporters of Bahvest will witness it winning the Grammy Award easily by runaway votes, hands down, as the Company with the most drama unfolding making it the best suspense thriller company in Bursa. Needles to say, those incidents unraveled since end May till Mid July are enough to throw you off your seat, if you are not harnessed by your seat belt. From here on till 31 Dec. I wonder what next. Only God Knows! And how are things being tackled and managed by Kretam Iceman and Assassins: Excellence beyond par! Well is Bahvest not the Gift of God? 😎😁

Or already people know of this historical issue thru their Facebook?😄😄

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3367611

Wow, surprising, nobody posting this positive news. Normally I will be the last to know. And usually news like this will be posted immediately when issued at bursa portal. Why,everybody already deserted this company. No one now believing in this Co? Woi, what's happening? 😄😄😄 a snippet of the report:
the Board of Directors are delighted to announce that the Group’s gold mining and processing operations have been resumed smoothly as of 6 July 2023, after the damaged water reservoir bund wall was fully restored.

Cicakman, if you watch Buncit bagi statement pada video which KK7198 uploaded yesterday, Aiyoo, hello Sabah no other better MD kah? Seperti the late Samy Vellu mentioned, Buncit adalah satu Kemaluan besar untuk negeri Sabah.😁😁😁

cicakman
This buncit really bus stop.
Sent him to interior Kalimantan to
dig gold down there and stay wth dayak tribes.

Betul Bro. Mana dia ada facility +asset + manpower sekarang nak korek. Dia bikin kerja satu orang ma, bawa cangkul dan spade dan pail of water and dulang.

@youarewelcome88, I think Fishmonger was not paid 20.4 mil, according to his initial knee jerk demand to scare Kretam Iceman. They sat down and reset the condition to a non claimable deposit of 13 mil, as terms to enter into further negotiations. The first tranche paid was the 6mil, which Bahvest wants to recover from fishmonger.
Fishmonger can only create difficulties through rough+tough measures. To undertake a corporate raid, no way, He sold due to margin call and now wants to buy higher, well he is an Ah beng indeed, if that is the case. Most probably, he is still in contention because forum members are breathing life into him, whereas in reality he has already lost the plot. Bro, itu orang got no talent or skill to be a corporate player. Best he join Bung Mukhtar, and become his PA and carry Bung's luggage when they travel together.

cicakman
Got news of buncit or his team?

So far no news bro. With this Madani Gamen, File on MACC table now maybe stacked up to height of 1 floor. Buncit still court cluster, so far no judgement yet giving his pending case NFA. Time will tell. Terus terang cerita la, ini Buncit tak ada standard as MD or CEO. Lebih baik dia jadi politician saja.

cicakman
Now is Money Matters.

Bro, not enough! Now is money matters, backed by Gold, sign sealed and delivered by Bahvest, and endorsed and guaranteed by Bank Negara. 😎😄

IlmuKhodam
RT: BRICS is set to introduce,,,,,,,
Bro, Ruble and Yuan become Taiko, because they hold gold reserves. US will switch off their minting machine, because their US dollar will be devalued to god knows what level.
In five years time USD /RGT relationship will be upside down. And and.......
Bahvest will be an institutional stock backed by Bank Negara. 😁😁😁
Could this happen Bro? I am only layman, not knowing much about currency.

youarewelcome88
The fish monger is History... He has buried himself. I am sorry for you

Fish Monger has not seen yet LOD (Letter of Demand) which is on the way to his table: Plant equipment damages in lieu of intended malice to destroy property, and plant temporary impairment causing lost production and thus lost income generation. Equipment 1.5 M, Impairment causing lost income: RM 0.5 M per day x 14 days = RM 7 mil.
Bahvest demand for reimbursement : 6 Mil Total Fishmonger to raise: RM 14.5 M

If like this, Fishmonger better run to the land with pygmy elephants to repent and do animal welfare care-taking.

Cicakman, flight in the air just roaming around, cannot land, airport runway full. Just now touchdown.
I checked the Gunung Mas middle Kalimantan issue. The article describe there are stacks of gold ore reserves underneath which they mined previously. And this belong to the Dutch at that time. Quite Ok settlement, I am surprised because the article say population there is about 120.000. I think if we got money, brave and a strong heart, places like that got plenty of opportunities to cari makan lah. They welcome outsiders? Hospitable place or not meaning electricity, water, communications?

KK7198, Relax Bro, we have gone thru various ups and downs and various happenstance in life, whats important is we live to fight another battle another day. In Bursa, there are no heroes, only survivors.

fl888 , youarewelcome88
I saw a glimpse of the bursa report, But have yet to read it between the lines to get a more detailed picture of things to come. Without Bahvest now, Dracula is only a rent seeker, difficult to justify as concession holder to authorities without operating.

Income:
Moon,
Dracula has no choice but to take care of pygmy elephant in Sabah in his too much free time.
https://youtube.com/shorts/HsZrlCdOnuQ?feature=share

Bro, in truth, the court sentenced him for imprisonment, but he appealed and ask to be banished to a region where he can repent and do service to community. So they found him a place to serve pygmy elephants, but far away from society, so as to prevent him from starting a new village of blood sucking vampires. Before he left to serve his sentence, I sat down together with him over a cup of tea near Tawau market. He was spotted a bit tanned on the skin now and thinner in body frame. And he cried a bit, with spots of tears rolling on his cheeks. Sad!

KK7198: Wow you are seeking a solution and answer to a million dollar question: as much as you face this below purchase value predicament, out there under the weight of varying economic pressures impacting markets, I bet you this is nothing new. Bro, there are thousands out there living with this dilemma. And to people of your stature and exposure to multi-variable experiences, I reckon this disparity you encounter is not of major concern.
My recommendations:
1) Conservative, no knee jerk or spur of the moment decisions, no looking back and providing a 5 year time horizon, and focus on categories.
2) Allianz and Panamy: in my opinion maintain. I consider Bursa has reached near bottom, Bro, Our dilemma now stems from the uncalled for economic shutdown for about 2 years. What we are going thru now is the reality and physical pain from that decision. I foresee in another 2 years, in 2025 we will gather strong momentum. But the only reservation is that our companies are less exciting now because of the nature of the business, sort of mundane and boring, like difficult to see them answering questions like what next for future growth. Panamy and Allianz will improve, if CI climbs.
3) the gloves need to be tweaked. In my opinion they have lost their appeal. In fact COVID only provided them the temporary reprieve before the spiral ride down began: 2 indicators a) The glove player Hartalega who originally provided livelihoods resulting in the development of a township at Ijok, made a big decision of taking a big hit, closing ops at IJOK, and rationalizing production focus at the Nilai Plant. (b) Giants Top G, Harta, Kossan, Supermax in total perhaps about 150 manufacturing plants and the other me too manufacturers create supply overcapacity.
Criteria to rectify disparity of glove share inventory value should be % increase/decrease not rgt/ sen differences. I am not sure, how much is the % reduction in your glove prices, but in my opinion the more nagging issue is the condition of market demand versus manufacturer oversupply. The agony is further aggravated by global manufacturers mostly located in this country and listed in Bursa. And overcapacity is a sticky problem.
For gloves, do an impairment exercise, sell and convert to Industrial products, sub-sector Metals, none other than Bahvest. Bahvest still only new kid on the block. Yet to reach maturity. Alternatively, you might consider carrying out this exercise by stages,
Most of all, lets hope for the best.

kk7198
Cicak Bro, rare earth too. This one is very precious mineral in future when China's rare earth is slowly depleting. China now controls 60% of world output.

Bro, if the video at BT. Mantri describes Bahvest, then that is only the tip of the Iceberg. The beginning. When you consider rare earth, that would make Bahvest a new runner at the starting gates that would give the top 10 miners, like Glencore and Rio Tinto,a run for their money. Fuyoh.... why not, imagination is the precursor to hope. Bro, in the near future, institutional stock. Hmmm. we bought at the beginning 20/25 sen. Do we allow institutions to chase for this stock. Oh why not, go ahead, buy as much as you want to.....😄😁😂

kk7198
Bahvest , the next Equinox.
Most common feature about both: The Gift of God.

cicakman
Why that place was name
"Gunung Mas" you can check the interesting history behind it.
So some place in Boreno have good quantity of golds.

hmm, interesting, will do some checking up.

kk7198
moon n cicakman, no wonder by hook or by crook, Dracula still wants back Bahvest. Watch Dracula told all to the newsman. Surely Bahvest is otw to Flemington, Melbourne.

Bro, I dont want to seem prejudice, but aiyoo... to let Dracula continue as MD, after listening to him talk, under the helm of Dracula, I think Bahvest will go nowhere, dead end. A suitable next move for Dracula would be in politics. If the interview did not identify Dracula by title,, and if I was being new to the issue, I would guess that Dracula was one of the mining supervisor at the processing plant. He reminds me much about his statesman: Bung Mukhtar.

Income
Dracula son does gld dredging in Land next to Bv. OMG
https://youtube.com/shorts/GXm9UXyb3l0?feature=share

VK lingam correct, correct correct,, Now no Bahvest, so DIY la. Sampai tua la itu Dracula.

Unique juga Bro, your experience. So now at least we know what lies in the playground for Bahvest to tackle and expand.

Ikan apa itu bro, takkan itu gold fish people usually rare as fish exhibit.

cicakman
Bro,I visited PT Minamas Kalimantan n PT Salim Sumatera to do Astnomet works for late Dat.Khalid bah 🤣
Sandakan Bay and whole of Sabah bah

So bro, There are settlements in Kalimantan. Bro, conditions dekat situ, kalau you estimate is it like in the 60's or 70's. So there are accessible roads, by 4WD?

Wah, cicakman valuable info, you punya travel in least known parts of the world, seems intriguing. You macam itu Raiders of the Lost Ark.