Think: 1ED RM8m, 3 EDs RM24m. It is as simple as that.

Ks55: Greece WAS a great nation once upon a long long time ago. I doubt it could be called a developed nation in the last few hundred years. I think it pretended to be one and that is the source of its trouble. I think the hosting of the 2000 Olympic required it to borrow heavily and this led to its downfall. In Greece there is lesson for those countries wanting the developed nation status before they are ready - there is grease on he floor and don't pretend it is not there.

Why need 3 EDs when 1 is enough.

The Indonesian market is 10 times larger then Malaysia's so it is logical to explore that market in a big way.

Greece has been living on borrowed money for too long a time and the previous government had even cooked their books to hide the true financial picture. They only have themselves to blame. Anyone detect any similarity with any country in Asia?

Kelantan is half a century behind the rest of the country. In another 50 years, it will be a century behind.

don't forget: this is boleh land.

Malaysia is one big can of worms. Every now and then, one will crawl out to show the world what is in the can.

Those scared dogs are wise dogs.

Those who raise issues about woman's sports wear are those with dirty mind.

order book down to rm100m is a matter of concern.

None of W Cheng's counters is doing well, not before, not now. He may not be having the right people to run his busnisses. It may have something to do with his management style.

going by the RAHMAN prophecy, najib is the last pm !

Nothing to hide but too afraid to tell.

wow! like magic!, now you see it now you dont. lol.

looks like 1MDB has started to use the pawn shop.

Coolinvestor : normally, any increase in trade receivables is due to increase in revenue in the same period, but not in this case, although there is an increase in deferred revenue. As of 31.03.2015, trade receivables exceeds deferred revenue by RM200m.

I am trying to work out from the published accounts the amount of 'hidden, profits in the sales for which SPA already signed but not concluded. In this way, the future financial performance of the company can be more accurately estimated. Any comments.

taciturn: Thank you.

Due to its nature of business, its accounting statements need some effort to understand. Can someone kindly enlighten me on the following item in its Statement of Financial Position for 31.03.2015:

Trade and other receivables- increased by RM337m to RM737mfrom RM399 as of30.06.2014. Logically,an increase of this nature is due to sales concluded, booked but payment not yet collected. But in that 9 months, Benalec only had a revenue of RM121m.

Thank you.

Due to the nature of its business, its accounting statements need some effort to understand. Can someone kindly enlighten me on the following 2 items in its Statement of Financial Position for 31.03.2015:

1) Trade and other receivables - increased by RM337m to RM737m from RM399m as of 30.06.2014

taciturn:thanks.

Taciturn, kindly give us the background of the legal suit and the relationship between plaintiff and Benalec. I believe one is a shareholder of the other. Thanks.

keck seng is assets laden but mgmt lacks ability to bring the co to enhance shareholder value by just sitting on its assets and cash.

joe2703: any benefit of lower material cost is cancelled out by the weak ringgit vs usd.

joe2703 : any benefit of lower material is cancelled out by the weak ringgit vs usd.

Yes. Its IMDB.

Having followed his postings for sometime, my conclusion is that he is a egomaniac seeking recognition for his achievement and pretending to be a investment guru that he is not. In the case of Jtiasa, he pumped and dumbed the stock after promoting it as the stock of the century. Absolutely totally disgusting.

I have been reluctant to write like this about him out of respect for his age but have to do so now since this fraud continues to mislead others in this forum.

tg has the practice of delivering unpleasant surprises once a while. in this round, children of 2 directors disposed of some shares soon b4 the poor results were announced. i wonder if this amounts to insider trading.

Management expenses are not just about salaries. I think they also include commission which is about 5% - 10% of premium income, as well as such items like rent, travelling, administrative expenses and the like. Look further into the accounts you should normally find the details on salaries paid to employees.

Bursa Announcement : Leaw Seng Hai has been changed being the MD to 'Others'. So what is he now in Benalec.

This mini-ster is unfit to be one already in this multi racial country. Najib must prove that he is not politically impotent by sacking this racist from his cabinet. If Najib does not do so, he is nothing but a political eunuch.

buying land is a hedge against weakening ringgit. benalec's land should sell.

Why his type of speculation on RM happen so frequently when those in authority always say that our economy is strong, our finances are in very good shape, etc., etc. Are we actually living in house of cards?

is our financial position so fragile that just us$1.4b can cause so much depreciation of the ringgit when all this while we hear from those in authority that our financial position is strong.

currently trading at 81 to 82 sens in heavy volume in weak market sentiments. would be higher when sentiments improve.

silent because their jaws have dropped.

When currency is depreciating, it is also losing its purchasing power. Buying into companies with good solid assets provides a hedge against loss of purchasing power.

Tguan do not normally live up to market expectations. I hope this time they will do better.

Maybe, maybe not. Those who verbally lambasted this counter could have collected a lot and are now laughing (not just smiling) to their banks.

Smiling over a nightmare ?

National Financial management requires the greatest discipline. Malaysia has a scandalous records of such discipline and this is one of the main causes of our problem now.

taciturn: I am of the view that the worst is behind as far as Benalec is concerned. Just hold tight and be patient and you will have the last laugh. Btw, I added on more shares on this counter after attending the AGM and I am quite happy with what I have done.

There is a short note in Kenanga's research note for 2day that Benalec has been given permission to start work at Tg Piai on 31 December but cannot find similar announcement in the Bursa's web site for 31 Dec or today yet. Can anyone confirm.

the us$ loan must be related to its investment in china.

I was at the AGM. I can confirm that all taciturn's posts about the AGM are accurate. In fact he was sitting in the front row throughout the meeting, not at a table in the dining table waiting fore lunch to be served.

the lowest share price is zero but if one trades on a margin account, he can lose more than zero.

..... and the not so intelligent ones are full of courage.

there are many law suits. do not see how they can be settled any time soon. expect them to take years. meanwhile, sc has yet to act. in Stanley tai's case, it took them some 6 years to start prosecute him.

i believe in the next round of valuation, values of some property may have to written down in view of the softer property market, more so for office buildings. this will reduced the asset value of those reits with mostly office buildings.

I believe quoted investments are stated at cost. If current market value is still higher than cost, there is no need to provide for impairment loss.