Posted by ww_guy > 2013-10-09 10:27 | Report Abuse

seem like the price will continue drop

Posted by newboy > 2013-10-09 10:49 | Report Abuse

Serious impact or not? Sack directors are family members of another directors. Smells fishy leh....

Posted by newboy > 2013-10-09 10:54 | Report Abuse

"Tua Choon and Ah Chye are the brothers of Benalec group managing director Datuk Leaw Seng Hai. The three Leaw brothers and Foo Polin, together, hold a 53.21% stake in Benalec through their private vehicle, Oceancove Sdn Bhd."

Brother sacking brother? Hard to believe. Family feud?

Posted by xncziyi44 > 2013-10-09 11:00 | Report Abuse

sacking not enough this is serious matter land sale need more monitoring by independent dir. n management.

Posted by sephiroth > 2013-10-09 11:03 | Report Abuse

waiting for 1.10-1.11

Posted by JimYeoh > 2013-10-09 11:21 | Report Abuse

may can revisit sep-oct 2011 1.00 level

Posted by miketyu > 2013-10-09 12:23 | Report Abuse

Any sifu can try to correct me.

I used Graham's method on benalec
EPS = 0.07
Total equity =556201
Shares outstanding = 200435

[22.5 x 0.07 x (556201/200435)]^ 0.5 = 2.09
Current share price = 1.19
Potential gain = 0.90 cents ?

Posted by newboy > 2013-10-09 13:47 | Report Abuse

good to queue below RM1. If hit tht price, its like hitting jackpot lor. If not, then eat banana at home. Haha. What you call this? Margin of safety? hahaha...

Posted by zero > 2013-10-09 14:51 | Report Abuse

personally, my calculated Intrinsic Value is 1.7x...

Posted by elmo888 > 2013-10-09 21:13 | Report Abuse

this stock really a concern, with the recent management board crisis is really a surprise to shareholder. if you notice that their landbank is selling to their own company.. is really concern on their sincerity of the business and value their investors..

Posted by imoogi99 > 2013-10-09 21:31 | Report Abuse

You dont get sacked for nothing. Surely there's something big to get the sacked..full stop.

Posted by gkheng > 2013-10-09 22:57 | Report Abuse

might be family feud, traditional chinese style. Where's nazrudin? come n goreng this counter. Or take this under bumi's belt.

Posted by miketyu > 2013-10-09 23:42 | Report Abuse

Zero which formula u used to give you value of 1.7?

Posted by zero > 2013-10-09 23:47 | Report Abuse

oh, i used a variation of DCF - but just a quick and dirty one la. maybe i was too optimistic and projected EPSGR too much also heh ;)

Posted by zero > 2013-10-09 23:50 | Report Abuse

eh, usually, got involve large sum of money, then fight mah. so, is this actually... a good sign?? just playing reverse-pyschology here.

Posted by zero > 2013-10-09 23:51 | Report Abuse

or they wayang and buy up more using nominees...

Posted by anbz > 2013-10-09 23:58 | Report Abuse

someone has stole hundred millions deals from benalec...and also stole RM40m fr benalec!!! run

Posted by null > 2013-10-10 00:15 | Report Abuse

anbz, are you sure? Where you get the news?

Posted by nightfly > 2013-10-10 09:02 | Report Abuse

Anbz, be careful what u write. I will report this matter to authorities.

Posted by water99 > 2013-10-10 12:32 | Report Abuse

Might fighting control/increase stake amongst the drectors?cimb downgrade .thinking just playing reverse?

Posted by Fortunebull > 2013-10-10 12:34 | Report Abuse

Nightfly! Maybe Anbz telling the truth! Benalec is gold mine! But latest event of 2 directors sack must be very serious game changer! Any info please share!

Posted by nightfly > 2013-10-10 13:48 | Report Abuse

The truth will be out soon....

Posted by newboy > 2013-10-10 14:06 | Report Abuse

yup..better stay sidelines for now and wait for the truth. Director sacking is serious matter and to complicate things, this is invovling family members also. So, besides business, profits their 'face water' is also at stake here.

Posted by sephiroth > 2013-10-10 15:22 | Report Abuse

http://www.theedgemalaysia.com/business-news/258200-cimb-downgrades-benalec-on-directors-removal-.html

Posted by Fortunebull > 2013-10-10 15:24 | Report Abuse

Ha! Directors will dump their shares!

Posted by water99 > 2013-10-10 16:31 | Report Abuse

Shame and conflicts between brothers.?integrity top management qestion mark? Cut loss and good luck for those patient and bravo..

Posted by anbz > 2013-10-10 17:32 | Report Abuse

someone put very big buy order at 1.15...saved for today...must be kwap haha

Posted by anbz > 2013-10-10 17:34 | Report Abuse

if they keep doing this u all may untung besar...but look for the signal to sell...good luck

Posted by Fortunebull > 2013-10-10 17:56 | Report Abuse

If former directors sell, epf may buy to increase stake from 7%, once RAPID resume, nothing but profit!

Posted by necro > 2013-10-11 00:23 | Report Abuse

Big block ready to throw,carefull guys..

Posted by SANG-JERO > 2013-10-11 00:26 | Report Abuse

Who is throwing??KWAP???

Posted by scenic > 2013-10-11 14:10 | Report Abuse

profit coming along ? thanks.

Posted by Helena > 2013-10-11 14:54 | Report Abuse

spa done
http://klse.i3investor.com/servlets/anpth/943791.jsp

Posted by Manin40 > 2013-10-11 15:34 | Report Abuse

market has absorbed the bad news of directors removal. So it should be the lowest now I think.

Posted by miketyu > 2013-10-11 15:36 | Report Abuse

67 million profit?

Posted by miketyu > 2013-10-11 15:37 | Report Abuse

Special dividend next?

Posted by austinchen > 2013-10-11 22:39 | Report Abuse

profit?? special dividend?? where did you get the info??

Posted by zero > 2013-10-12 00:20 | Report Abuse

aiyoh. normal dividend haven't announce want to have special dividend...

Posted by wajatimur_28 > 2013-10-12 05:46 | Report Abuse

Yo lo...

Posted by honeycomb > 2013-10-12 14:31 | Report Abuse

Hope is what keeps life going. But in share investment and trading you need more than just hope alone.

Posted by musang_foxking > 2013-10-12 14:38 | Report Abuse

that's just sale of land money has been accepted..67m..so benalec price already weighted before...the news is just to dump shares on monday...u'll see

Posted by faralenz > 2013-10-13 18:56 | Report Abuse

No hope for Benalec. Buy censof instead.

Posted by oasischeah > 2013-10-14 12:06 | Report Abuse

Hope the brothers can come to an agreement sooner better as they are still share holders of the company.

Posted by Harold Huong > 2013-10-14 14:16 | Report Abuse

AMMB din't cover target price? Only CIMB & KENANGA release target price....

Posted by anbz > 2013-10-14 16:40 | Report Abuse

correct musang...but cannot dump much..so little want to buy...haha

Posted by Kodok > 2013-10-14 21:12 | Report Abuse

ben dgn ah lec main tepi sawah jumpa 20 tahun kemudian buka kedai ..benAlec

Posted by almufathal > 2013-10-15 11:50 | Report Abuse

another knm in the making

Posted by KC Loh > 2013-10-15 12:42 | Report Abuse

Please don't simply talk! KNM is such a good company! Hehehe

Posted by anbz > 2013-10-15 12:43 | Report Abuse

in term of business ..jauh tu bro...mkland lagi dekat

Posted by Harold Huong > 2013-10-15 13:25 | Report Abuse

Why TA & HWDBS target so positive?