after monitoring for few days/weeks back, the price being press to maintain at 1.31 to 1.34...shud have something big coming in..currently, they are doing feasibility studies in Johor state...
Jessie Teoh, i cant tell you exactly how long you need to wait, but for sure, well managed and good fundamental company will disappoint you...happy trading...
Agreed with soapdepartment. Benalec & HSL are not spectacular counters but they are sure slow & steady. I went in Benalec @ RM 1.295 since 15/12/11 & hold til now. It up steadily until now. Hold patiently & they will serve you well.
Hello ST, why you say bare with it till end of this month? Look like you have some insight about this stock. It's been around this level for quite some time. I also saw a lot of share dispose by Kumpulan Wang Persara. Not sure why they dispose the share for. may take profit taking.
yeah, it been ding dong at 1.3x for long time. the company need to do something (i.e news; better strategies and etc) else think will flat at 1.3x price level :(
Baikot : Friday close at RM1.33, then come monday, price will adjust to RM1.31(less 2¢ i.e. X dividen). Please look at Relative Strength Index(RSI). BENALEC is definitely OVERSOLD. Therefore, I believe BENALEC have finally found its bottom. I have just went in BENALEC on Friday @ RM1.33. Hoping to keep till 13th general election announcement. I'm currently 42% in Nestle, 9% in NOTION, 9% in JCY, 32% in MRCB & 8% in Benalec. Wish me luck ya.
Oversold is correct. Still no sign of reversal, Already dropped below the 20MA and is heading towards the lower bollinger band. Will only buy when signs of reversal appear.
Baikot : Just remember "the check is in the mail" ...Final Single Tier Tax Exempt Dividend of 2 sen!! You must be happy & smiling my friend. I'm smiling out from ear to ear.
powerwk : "how to check if the stock have a sign of reversal". answer : When a stock price ACTUALLY move up! Just kidding ya! I too don't have the answer.
New IPO: Building management systems (BMS), solar thermal systems and energy-saving services provider, Solar District Cooling Bhd aims to list on the Ace Market!
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....
Sidney
405 posts
Posted by Sidney > 2012-01-11 10:55 | Report Abuse
Anyone have insight on this?? Quite good potential on this stock