I did the stock valuation for this company. The EPS at RM0.009. The PE Ratio if we put at 20 times, the stock should only value at RM0.18. At present stock price of RM0.535 divided by EPS at RM0.009, it represents PE Ratio of 60 times.

I personally think it is overvalued at RM0.535 and may fall further.

(Disclaimer - My personal opinion only. Please rely on expert & professional)

Agreed Kukuman, Ben the King of Spinner of the Year 2014.

No joke. Benalec won Asia Top 200 Company.

http://www.forbes.com/companies/benalec-holdings/

@kukuman............... ur prediction is good. What is ur next target closing price? I think today can reach RM0.54

yup.... happyvic but the systematic risk of this company much higher due to
a) corporate governance on directors & managements
b) prospects of land in Melaka
c) delay on Johor's projects
d) director's self seeking profits at expense of shareholders by rewarding director fee at RM7.5m. I wonder who approve his fee? Next year,this MD syiok sendiri to declare self higher director's fee. Who can stop this MD from declaring his own salary?

KWAP no longer any confident on Ah Ben and also fully disposed off even at loss to cut loss. The MD brings brothers' dispute to the company and making shareholders lost money. I doubt if we can see any change if MD still there.

Lesson to learn is cut loss before too late

http://online.theedgemalaysia.com/in-the-edge-financial-daily-today/269808-kwap-pares-down-stake-in-benalec.html

Announcement from Bursa's website. Be ready you will keep seeing such announcement until 2020 yet nothing happen. They are like MLM selling you hope. Already bored with this company. Tell you how big the lands in Melaka and Johor. Same story but people still believe on them. Putting this company as part of your portfolio will only make u feel sad

2. Status
Further to the announcements made on 12 March 2013, 12 June 2013, 17 June 2013, 11 September 2013, 12 December 2013, 19 March 2014, 12 June 2014 and 11 September 2014 with regards to the Term Sheet, the Parties have mutually agreed to extend the period of validity of the Term Sheet for an additional duration of six (6) months from the expiry date to finalise the terms and conditions of the Sale and Purchase Agreement.

The extended duration shall come into effect from 12 December 2014 until 11 June 2015 or such other date as the Parties may agree in writing.

This announcement is dated 12 December 2014.

No 1 interested on this Ah Ben anymore. When good profits, dont be surprised the director's fee is RM8 million plus driving luxury cars but declaring 2 cents dividends. When not doing well, the director's fee still RM8 million but dividend reduced. So, who make much profits here? stop dreaming. This Company will tell you long term dream long term dream...... dream for capital appreciation. A company that not paying good dividends, the share price won't grow.

If continue like that, today closing price will be RM0.54.

waah,,,, tis vc1922 watched too much Hong Kong drama. U thought the brothers' dispute become a fight between Fong Chin Pok and Ding Hai meh.

It is proven that this company is rubbish !!!!