BENALEC HOLDINGS BERHAD

KLSE (MYR): BENALEC (5190)

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Last Price

0.13

Today's Change

-0.005 (3.70%)

Day's Change

0.13 - 0.135

Trading Volume

458,300


46 people like this.

13,785 comment(s). Last comment by MrXYZ 2 weeks ago

alkop

966 posts

Posted by alkop > 2013-11-21 17:33 | Report Abuse

if tomoro no support...then it is going to fall again...from 1.24 to 1.00 sure need much money to top up for margin player n short term trader also want to cut loss...hope it doesnt happen..watch

Posted by timothy70 > 2013-11-21 17:36 | Report Abuse

Benalec you seems like know a lot of insider news. can share with us more? or how much did benalec pay you "Benalec" to say good things about them?

Posted by timothy70 > 2013-11-21 17:44 | Report Abuse

i believe these are all about family feuds that this MD want to take over the whole company and create a allegation as an excuse to screw the whole company by sacking his own brothers out so that he can resume full power. real stupid decision.
lose big already la!

winPLUSwin

418 posts

Posted by winPLUSwin > 2013-11-21 18:08 | Report Abuse

Very disappointed on Benalec.

steviebull

294 posts

Posted by steviebull > 2013-11-21 18:35 | Report Abuse

what happened to their speculated land banks and all ?

rlch

4,140 posts

Posted by rlch > 2013-11-21 18:50 | Report Abuse

KWAP please take care of pensioners money otherwise one day pensioner cannot get their pension and let their children suffer.

林俊松

6,922 posts

Posted by 林俊松 > 2013-11-21 19:49 | Report Abuse

sephiroth, what is the advisable price to enter benalec?

Yunnan

404 posts

Posted by Yunnan > 2013-11-21 19:55 | Report Abuse

Short term weakness good to accumulate

messi

1,915 posts

Posted by messi > 2013-11-21 21:24 | Report Abuse

Material Litigation here & there:

The Board of Directors of the Company wishes to announce that a Notice pursuant to Section 218(2)(a) of the Companies Act, 1965 dated 18 November 2013 (“Notice of Demand”) has been served on BDSB, a wholly-owned subsidiary of Benalec Sdn. Bhd., which in turn is a wholly-owned subsidiary of Benalec, on 19 November 2013 by Messrs. Chin Yeow Chong & Co., Advocates & Solicitors acting for CESB, demanding payment of RM18,804,281.86 (“Claim”) being costs of services rendered for the proposed coastal reclamation works in Melaka.

林俊松

6,922 posts

Posted by 林俊松 > 2013-11-21 21:27 | Report Abuse

messi, what is that?
Creditor asking for money?

messi

1,915 posts

Posted by messi > 2013-11-21 21:57 | Report Abuse

Citypoint Engineering Sdn. Bhd. (“CESB”) served Notice Of Demand on Benalec Diversity Sdn. Bhd. (“BDSB”), a wholly-owned subsidiary of Benalec Sdn. Bhd., which in turn is a wholly-owned subsidiary of Benalec.

For more info :
http://www.bursamalaysia.com/market/listed-companies/company-announcements/1468997

anbz

5,163 posts

Posted by anbz > 2013-11-21 23:03 | Report Abuse

Posted by anbz > Oct 9, 2013 11:58 PM | Report Abuse X

someone has stole hundred millions deals from benalec...and also stole RM40m fr benalec!!! run
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Posted by null > Oct 10, 2013 12:15 AM | Report Abuse

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

nightfly
14 posts
Posted by nightfly > Oct 10, 2013 09:02 AM | Report Abuse

Anbz, be careful what u write. I will report this matter to authorities.
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Posted by Fortunebull > Oct 10, 2013 12:34 PM | 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!

---
"i told u so"...wa biasa guna ayat ni..sorry huh...

signals sudah banyak..ini hari baru dia punya harga kasih tunjuk belang

林俊松

6,922 posts

Posted by 林俊松 > 2013-11-21 23:05 | Report Abuse

messi, walao they might face delist if fail to settle the out-standing bills?
=.=" luckily I haven't jumped into this boat~

anbz

5,163 posts

Posted by anbz > 2013-11-21 23:14 | Report Abuse

2013-06-30 2013-06-30 66,840 5,431 3,299 3,307 0.40 - 0.6900 View Source
2013-06-30 2013-03-31 59,752 13,660 10,512 10,512 1.30 - 0.6800 View Source
2013-06-30 2012-12-31 66,357 21,520 21,104 21,106 2.60 3.00 0.6700 View Source
2013-06-30 2012-09-30 57,748 26,032 22,716 22,795 2.80 - 0.6600 View Source
2012-06-30 2012-06-30 64,765 11,392 10,677 10,680 1.40 - - View Source
2012-06-30 2012-03-31 28,911 19,428 14,222 14,222 1.90 - 0.6200 View Source
2012-06-30 2011-12-31 26,893 34,377 28,842 28,842 3.90 2.00 0.6200 View Source
2012-06-30 2011-09-30 74,580 35,045 28,927 28,927 4.00 - 0.5200 View Source
2011-06-30 2011-06-30 62,431 27,002 22,812 22,812 3.40 - - View Source
2011-06-30 2011-03-31 51,104 35,223 24,400 24,400 3.30 - 0.4400 View Source
2011-06-30 2010-12-31 45,223 25,136 18,910 18,910 3.00 - 0.3200 View Source
2011-06-30 2010-09-30 52,205 38,729 29,958 29,958 4.80 - 0.2900

from the above data...it's very clear that benalec is able to make profit of around RM 20m every quarter...yet the last 2 quarters are very strange..these are just one of the signals..and itu berita basi yg tidak diambil perhatian oleh kebanyakan investors

sheep

3,849 posts

Posted by sheep > 2013-11-21 23:33 | Report Abuse

another silver case. directors tipu. force selling tomorrow. friday...genarally a bad day to buy stocks

caven101

911 posts

Posted by caven101 > 2013-11-21 23:34 | Report Abuse

collect and keep the stock while low price. let it drop below 90 cent...wakakaka

elmo888

153 posts

Posted by elmo888 > 2013-11-22 00:42 | Report Abuse

Do you notice that most of the land deal sold to their own company? And this company is not listed.. So who benefits the most??

submarine

32 posts

Posted by submarine > 2013-11-22 07:54 | Report Abuse

elmo88 > I noticed this in Jun. See my posting on 12 Jun below and had sold it at 1.16 at breakeven price when the news of director sacking broke out. My comment is proved.

"I am existing shareholder. Had read through document about this sale of land to related party who is a company own by the director and his family. Their rationale of not calling an open tender for the sale is the buyer offers high upfront deposit which is 29m. Coincidentally, 29m of the proceeds from this sale will be used to settle the debt owed to the director. It is 'left pocket and right pocket' arrangement by the director. In the S&P, Benalec also needs to fork out 12m to build road in the land which has been factored in the balance sheet. I believe it will have more value if the company JV with another property developer to develop the sea front land. I do not like this but will not sell it now. Will wait untl it realises it potential in tg pia. this is definitely not a company for long term holding."

faralenz77

1,020 posts

Posted by faralenz77 > 2013-11-22 10:34 | Report Abuse

Why is KWAP investing so much in this problem stock??

sephiroth

14,131 posts

Posted by sephiroth > 2013-11-22 11:11 | Report Abuse

林俊松, still shaky, broken 1.00 once, can't be certain whether this will repeat in the afternoon, better grab 98-99

Posted by goldman_trader > 2013-11-22 11:13 | Report Abuse

Have faith in Benalec...keep for 2014, one year target return at least 50%, should be between 1.50-1.60 by end of next year...

beginner

123 posts

Posted by beginner > 2013-11-22 11:32 | Report Abuse

end of next year?

rlch

4,140 posts

Posted by rlch > 2013-11-22 12:29 | Report Abuse

Average TP RM1.93. Boleh pakai?

sephiroth

14,131 posts

Posted by sephiroth > 2013-11-22 12:31 | Report Abuse

kalau boleh trust analyst rpt, everybody no need to work

Benalec

26 posts

Posted by Benalec > 2013-11-22 13:35 | Report Abuse

Benalec just announced that they are looking for a project engineer to be located at Johor. What it means then? The project going to start? Why wait?
http://job-search.jobstreet.com.my/malaysia/company/benalec-holdings-berhad-jobs/

Posted by timothy70 > 2013-11-22 14:18 | Report Abuse

What kind of announcement is this? Benalec has not come up with good announcement n now you show us that they r getting a project eng there? Announce to us that you have gotten all the approvals and starting work soon! This is more useful! Can you Mr benalec?

wairon

6 posts

Posted by wairon > 2013-11-22 14:18 | Report Abuse

Be greed when people are fearful.
Be fearful when people are greed.

zero

525 posts

Posted by zero > 2013-11-22 14:31 | Report Abuse

they are also getting a lot of lawyers haha

zero

525 posts

Posted by zero > 2013-11-22 14:32 | Report Abuse

after this maybe can start a law firm specialising in family disputes and contract settlements

zero

525 posts

Posted by zero > 2013-11-22 14:32 | Report Abuse

wairon you forgot your y

rlch

4,140 posts

Posted by rlch > 2013-11-22 14:51 | Report Abuse

The selldown still not over. Who is actually selling?

angkor

451 posts

Posted by angkor > 2013-11-22 15:00 | Report Abuse

what's the story? any special news to share?

ladzatz

975 posts

Posted by ladzatz > 2013-11-22 15:10 | Report Abuse

u cannot be greed towards kong kali kong kompeni ma

tigerroar

542 posts

Posted by tigerroar > 2013-11-22 15:47 | Report Abuse

I am in again!

cpng78

291 posts

Posted by cpng78 > 2013-11-22 16:20 | Report Abuse

its good time to buy now

rlch

4,140 posts

Posted by rlch > 2013-11-22 16:31 | Report Abuse

When Benalec will announce dividend?

miketyu

464 posts

Posted by miketyu > 2013-11-22 16:48 | Report Abuse

after AGM

winwin

366 posts

Posted by winwin > 2013-11-22 17:08 | Report Abuse

Damn cheap price.partial collect.

jenabchen123

1,219 posts

Posted by jenabchen123 > 2013-11-22 17:27 | Report Abuse

Anyone can help to update the latest FA figures of BENALEC?

willc48

720 posts

Posted by willc48 > 2013-11-22 18:45 | Report Abuse

benalac price dropped was triggered by the civil suit against 2 directors, the brothers; otherwise benalac is strong with cash and profitable projects on the sand mining/deepening projects along Johor Straits. Shares will rebound to around RM1.40 which reflect fair value based on current activities and businesses.

thundercats

7,637 posts

Posted by thundercats > 2013-11-22 19:31 | Report Abuse

below 99cents is possible. Sayonara Ben.

sephiroth

14,131 posts

Posted by sephiroth > 2013-11-22 21:45 | Report Abuse

still not stable yet, anytime break 1.00 again, next strong support is 95 sen

ladzatz

975 posts

Posted by ladzatz > 2013-11-22 23:35 | Report Abuse

lu semua mesti dengar cakap pro macam sephi

wa pulak fikir 80 cents bila2 ma

Jack Chng

11 posts

Posted by Jack Chng > 2013-11-22 23:45 | Report Abuse

0.99 is the lowest price among the history of Benalec. The price sure will increase due to strong financial report and good product quality ( marine product occupy 80% of revenue). Now the price is affected by short term bad new and rumours. Who will be the winner to get the lowest price ! let see... 1 or 0.95 or really 0.8 ? lol so excited

thundercats

7,637 posts

Posted by thundercats > 2013-11-23 08:07 | Report Abuse

Eventhough we can get below 99¢, we haveto wait for a long time before the price shoot up to 1.50. So it is a long journey. Sayonara Ben Ah Lec. Good luck.

rlch

4,140 posts

Posted by rlch > 2013-11-23 09:59 | Report Abuse

When can Benalec announce quarterly result? Are the sellers anticipating bad result?

midtermtrader

1,166 posts

Posted by midtermtrader > 2013-11-23 10:04 | Report Abuse

Brothers quarel, shareholders suffer from the price dropping. Next time dont buy brothers and sisters company.

Posted by leslieroycarter > 2013-11-23 23:06 | Report Abuse

seeing the litigation is on -going , chances of winning is slim n so a big chunk of the earnings will have to be paid via compensation. What has been said may be correct that this is a good stock but still need a longer time to realise good returns .

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