Volume and price up steadily for past few days.........

already trade below its NTA, and share buy back still keep going on Tongue....

Early morning for sellers. Late evening for buyers....

keep punching up-up-up

would this counter make miracle again ?????

KNM from the trading pattern, uptrend will come.........

already collect profit should be good....

be patient,relax and must hv holding power...sure got huge profit.....

buy q increase... If seller withdraw, sure can push higher.....

hopefully uptrend today......

keep collect..keep collect......

Time to collect when there's pullback, it will be sudden without realising........

http://m.themalaymailonline.com/malaysia/article/controversial-reclamation-project-deal-inked-under-bn-penang-cm-says

can wait for friday....

those got bullet in hand......better collect more.....

no need to escape...the goring team will come & hit the price up...

Timing is so so important look on the brighter side, I would have cut loss instead..........

All in fun managers are coming in.........

I still holding tight...

Just ignore it and don't affect our emotion Wink

talk for so long but the price still going down... ha ha hope it will go up today

This week should touch 1.60 on good corporate development in the pipeline.

watch closely Muhibah........funds favorite for O&G palyer.......

News mean new news old news is not a news. Inari to mainboard is no news since the news is not new, its a history when the news come.

http://www.thestar.com.my/Business/Investing/2014/05/16/RHB-Research-maintains-Buy-on-Dialog/

http://www.thestar.com.my/Business/Business-News/2014/05/24/EO-ups-the-game-with-Seri-Tanjung-Pinang-project/

Be patient,relax and must hv holding power...sure got huge profit

If Penang govt keep holding back, E&O will be in trouble. By then if more property downturn E&O cost of funding the reclamation will be high.

COLLECT ON WEAKNESS

AIRASIA and AAX. That's answering why today it spike and rebound...more fund manager is buying...

http://www.theedgemalaysia.com/highlights/220451-aph-a-test-of-foreign-ownership-of-local-assets.html

http://www.nanyang.com/node/622820?tid=462

heart must be steady..................

insider trader is be against the Bursa Rule........

Dialog Group (DIALOG) proposed 1-for-1bonus issue and 1-for-125 special share dividend.

The proposed special share dividend will be distributed to entitled shareholders before the proposed bonus issue.

The entitlement date will be determined later, pending approval, including Bursa and shareholders.

The exercise is expected to be completed by 3Q14.

Comments This proposal is a positive as it improves the stock trading liquidity and rewards shareholders. Moreover, the enlarged share capital will better reflect DIALOG current scale of operations, business growth, earnings and will increase the capital base (share capital over market capitalization) to above 5% from the current 2.8%.

Assuming the maximum scenario, the proposed special share dividend and bonus issue entail up to 236.5m and 2,667.8m additional new shares. It will also result in a 54.9% dilution to FY15-16 EPS. However, there is no impact to its valuations.

Outlook Construction works for Phase 1A Pengerang CTF has already completed in 1QCY14. Phase 1B and Phase 1C are expected to be completed in mid-2014 and end-2014.

Phase 2 should be ‘good-to-go’ given that the Final Investment Decision (FID) for Petronas’ RAPID project has been approved. For now, the finalised tank terminal capacity and equity stake is pending. We have already included an additional 0.72m cbm of storage capacity into our sum-of-parts forecasts from FY17 onwards.

The Balai RSC has apparently hit first-oil and is due for Extended Well Testing (EWT) programme by 1QCY14.

We have only expected earnings contributions from FY17, and as such, any project acceleration would be further earnings catalyst for DIALOG.

Forecast We maintain our earnings forecasts for now pending the completion of the corporate exercises.

Rating Downgrade call to Market Perform given the limited upside from current share price.

Valuation Our CY15 SoP-based valuation TP is RM3.92.

Ex-special share dividend and bonus issue, under maximum scenario (post ESOS and warrant conversion), our TP could be RM1.77.

Risks to our Call (i) Delays in its in-house EPCC jobs and projects.

(ii) New capex intensive projects which will be a drain on cashflows.

Source: Kenanga

Dialog Group (DIALOG) proposed 1-for-1bonus issue and 1-for-125 special share dividend.

The proposed special share dividend will be distributed to entitled shareholders before the proposed bonus issuThe entitlement date will be determined later, pending approval, including Bursa and shareholders.

The exercise is expected to be completed by 3Q14.

Comments This proposal is a positive as it improves the stock trading liquidity and rewards shareholders. Moreover, the enlarged share capital will better reflect DIALOG current scale of operations, business growth, earnings and will increase the capital base (share capital over market capitalization) to above 5% from the current 2.8%.

Assuming the maximum scenario, the proposed special share dividend and bonus issue entail up to 236.5m and 2,667.8m additional new shares. It will also result in a 54.9% dilution to FY15-16 EPS. However, there is no impact to its valuations.

Outlook Construction works for Phase 1A Pengerang CTF has already completed in 1QCY14. Phase 1B and Phase 1C are expected to be completed in mid-2014 and end-2014.

Phase 2 should be ‘good-to-go’ given that the Final Investment Decision (FID) for Petronas’ RAPID project has been approved. For now, the finalised tank terminal capacity and equity stake is pending. We have already included an additional 0.72m cbm of storage capacity into our sum-of-parts forecasts from FY17 onwards.

The Balai RSC has apparently hit first-oil and is due for Extended Well Testing (EWT) programme by 1QCY14.

We have only expected earnings contributions from FY17, and as such, any project acceleration would be further earnings catalyst for DIALOG.

Forecast We maintain our earnings forecasts for now pending the completion of the corporate exercises.

Rating Downgrade call to Market Perform given the limited upside from current share price.

Valuation Our CY15 SoP-based valuation TP is RM3.92.

Ex-special share dividend and bonus issue, under maximum scenario (post ESOS and warrant conversion), our TP could be RM1.77.

Risks to our Call (i) Delays in its in-house EPCC jobs and projects.

(ii) New capex intensive projects which will be a drain on cashflows.

Source: Kenanga

just buy like savvyOne said ShangriLa is coming soon.......buyyyyyyyyyy................................

posed by SavvyOnon 09/05/2014 12:03 SavvyOne By the way, CIMB has got it wrong before. Check out their strong recommendation to buy in Muhibbah's case some time ago.

09/05/2014 15:06

Target RM0.90 (Stock Rating: REDUCE)

Securing the RM203m land reclamation contract in Melaka was positive for Benalec as this stabilises its earnings beyond FY14, compensating for the delay in the signing of the 1,000-acre Tanjung Piai project in Iskandar. But investors are unlikely to view the new Melaka job as the game changer as its turnaround has always hinged on the revival of the massive oil & gas-related land reclamation prospects in Iskandar. We maintain our EPS forecasts, Reduce call and target price - pegged to an unchanged 50% discount to RNAV. There are still risks of delay for the Tanjung Piai deal, in our view. Switch to Muhibbah Engineering for exposure to oil & gas infra and the RAPID project.

What Happened

Secures a reclamation contract in Melaka. Benalec was awarded a 415-acre, RM203m land reclamation project in Melaka.

What We Think

New contract stabilises earnings beyond FY14, but is not the game changer. This award is not overly surprising as it is in line with management's strategy of securing new cash reclamation contracts in Melaka. Nonetheless, this is positive for Benalec as it ensures a stable earnings stream beyond FY14, and compensates for the delay in the 1,000-acre Tanjung Piai reclamation project in Iskandar, Johor - based on our original timeline, this project should start contributing from 2H14 onwards. The RM203m new contract will yield a pretax margin of c.20%, lower than the historical land reclamation margin of c.30% due to rising costs and soil factors. The estimated net profit of RM15m-20m p.a. is broadly in line with our existing new job assumption for FY15-16. We reiterate that the game changer for Benalec continues to be a revival of the long-awaited massive Tanjung Piai deal. Our checks with management indicated that negotiations have gradually picked up in the last few months but we feel that there are still uncertainties over meeting the targeted signing of the sale and purchase agreement (SPA) by Jun. The next step is the submission of the environmental impact assessment (EIA) which should take three months to be reviewed.

What You Should Do

Sell on strength. We do not expect this news to trigger a major re-rating for the stock. We foresee a sustained overhang on the share price, pending greater visibility and conviction on the prospects of the Tanjung Piai deal.

Source: CIMB Daybreak - 07 May 2014, Full PDF Report

is meant worth to accumulate more of E&O.......

is meant AAX not for short term only for long term........

don't guide we all to Holland......

Posed by savvyOne on Apr 21, 2014 12:27 PM

viktor2u, I personally think that the EGM will be held before the end of June, which incidentally is the financial year-end of the company.

taciturn your posed regarding alot of Benalec news, are you the board mamberes of Benalec group.......

CIMB buy call of Muhibah..........

is seem like to ride musical chair........

so is the right time to accumulate more of AAX.......

Posed by aciturn on 08/05/2014 08:05----If that's your belief than perhaps Benalec might not be the best investment for you? After all if you think that by the Leaw family selling low and Benalec itself buying back shares is not good then perhaps it's time to cash out.

Never mind that others (including me) believe that the Leaw family selling at a discount was to a friendly party for a different reason.

Posed by aciturn on 08/05/2014 08:05

Is meant Leaw family is cash out now.........

08/05/2014 16:34

kennychoong KNM also share buy back 2 year ago from RM2++ but now how.......

The DEIA of Sri Tanjung Pinang II a meaningless official formality - See more at: http://www.theantdaily.com/Outspoken/The-DEIA-of-Sri-Tanjung-Pinang-II-a-meaningless-official-formality#sthash.xVONy5xp.dpuf' target='_blank'>http://www.theantdaily.com/Outspoken/The-DEIA-of-Sri-Tanjung-Pinang-II-a-meaningless-official-formality#sthash.xVONy5xp.dpuf


See more at: http://www.theantdaily.com/Outspoken/The-DEIA-of-Sri-Tanjung-Pinang-II-a-meaningless-official-formality#sthash.xVONy5xp.dpuf' target='_blank'>http://www.theantdaily.com/Outspoken/The-DEIA-of-Sri-Tanjung-Pinang-II-a-meaningless-official-formality#sthash.xVONy5xp.dpuf

http://www.theantdaily.com/Outspoken/The-DEIA-of-Sri-Tanjung-Pinang-II-a-meaningless-official-formality