Posted by miketyu > 2013-11-27 10:24 | Report Abuse

Anyone mind to give their company an email or call to ask about their project status?
Last month they have made announcement to propose 2 sen dividend and share buyback for 10%. U can check for the announcement for this company. All is yet to be decided in the AGM

Posted by KC Loh > 2013-11-27 10:34 | Report Abuse

The research further opined that it was optimistic on Benalec’s latest land reclamation as it showed some progress on its Johor land development, which had been long overdue since its initial approval in principle from Unit Perancangan Ekonomi Negeri (Upen), Johor back in November 2011 due to a prolonged Environment Impact Assessment (EIA) studies.

Additionally, it highlighed, “Given the massive project size of 1,000 acres and an assumed reclamation cost of RM2.4 billion over four years, we believe that Benalec will need to gear up further by at least another RM180 million per annum to execute the project assuming that the project is based on a progressive payment basis rather than on a build- than-sell basis.

“This will bring up its net gearing from 0.03-fold to 0.36-fold for the first year, which is still at a comfortable level.”

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This was a report in march 14th, so I think work in progress may have taken a bite at earnings.

If it is not so, then something is seriously wrong with management, something which I don't believe so, despite a bust-up recently

Posted by faralenz77 > 2013-11-27 10:37 | Report Abuse

Benalec, you have no hope..dont hang on... run...

Posted by air01557 > 2013-11-27 10:39 | Report Abuse

Benalec has bottomed out - time to bargain hunt

Posted by KC Loh > 2013-11-27 10:41 | Report Abuse

http://klse.i3investor.com/blogs/kenangaresearch/42059.jsp

Posted by 31153115 > 2013-11-27 10:46 | Report Abuse

Mr. tsurukame, where r u??Can we hear your comments on Benalac??Please share your opinion, TQ

Posted by air01557 > 2013-11-27 10:46 | Report Abuse

RHB has slashed the TP from 1.94 to 1.39 - surely this stock can rebound to at least 1.20

Posted by Yuzuki > 2013-11-27 10:47 | Report Abuse

Kerana Research really joking .... maintain Bend-elek outperform but target price reduced from 1.94 to 1.39 lol

Posted by Yuzuki > 2013-11-27 10:55 | Report Abuse

Benalec management + Leaw brothers = ??????

Posted by Yuzuki > 2013-11-27 10:57 | Report Abuse

Benalec + Leaw brothers court case (sue & counter suing) = pipe bursting starting

plus additional Papering by Fats = Niagara Falls ... hehehe

Posted by Benalec > 2013-11-27 11:04 | Report Abuse

The slowdown in Q1'2014 is in line with the sequence of events in litigation. It is more concern if the termination of two executive directors who involve in operations will not have any impact in short term e.g. temporary slowdown on marine construction works and reshuffling operations. Also, the Company has approximately more than RM200 million land sale in pipe lines which the SPAs have signed. Upon realisation of these land sales, the Company will remain strong with positive cash flow.

Posted by Yuzuki > 2013-11-27 11:05 | Report Abuse

hehehe this is really a S-H counter lol

Posted by Jack Knight > 2013-11-27 11:13 | Report Abuse

this counter is breaking down

Posted by Yuzuki > 2013-11-27 11:16 | Report Abuse

hehehe lol GAME OVER .... need to restart .... vroom vroom ... lol

Posted by Jack Knight > 2013-11-27 11:18 | Report Abuse

luckily didnt touch though damn cheap

Posted by Yuzuki > 2013-11-27 11:20 | Report Abuse

sue & counter suing usually opine for disaster .... furthermore Leaw brothers' company has the largest shareholding ....

Posted by Benalec > 2013-11-27 11:29 | Report Abuse

Where is crawler the legend?

Posted by sheep > 2013-11-27 11:46 | Report Abuse

GAME OVER. cu at 0.88

Posted by andychucky28 > 2013-11-27 11:58 | Report Abuse

If it drop to 0.88, it will continue dropping to 0.82

Posted by SANG-JERO > 2013-11-27 12:08 | Report Abuse

Family squable......expect for the worst.....

Posted by winman > 2013-11-27 12:34 | Report Abuse

if its family problem, it might come back after dust has settle, ......................up up and away

Posted by faralenz77 > 2013-11-27 13:10 | Report Abuse

Not just family problem. The recent company loss report shows its investments has problem.

Posted by leslieroycarter > 2013-11-27 13:28 | Report Abuse

keep on dropping n going south . May touch below 90 cts , If breaches , then it will be a penny stock one day? hope not so ...

Posted by dingding > 2013-11-27 14:21 | Report Abuse

sell or keep?

Posted by caven101 > 2013-11-27 14:36 | Report Abuse

if they not buy back the share, it could be rubbish soon better take profit and wait for they settle all the issue first just re-invest back.

Posted by faralenz77 > 2013-11-27 14:40 | Report Abuse

dingding : it is a sure sell, not keep.

Posted by Yuming > 2013-11-27 14:46 | Report Abuse

Huh? May it be second CSL case? sigh

Posted by dingding > 2013-11-27 14:50 | Report Abuse

maybe 2wks later problem solve. it will rise.... Kenanga target price : 1.39

Posted by faralenz77 > 2013-11-27 14:52 | Report Abuse

KWAP will throw more Ben share into the market

Posted by dingding > 2013-11-27 15:14 | Report Abuse

ok... sell!

Posted by oasischeah > 2013-11-27 15:27 | Report Abuse

Sold before it is too late. F__king brothers - cheaters. The Authorities should act on these people to safeguard Malaysia's image.

Posted by agrimineral > 2013-11-27 15:39 | Report Abuse

Better run

Posted by Helena > 2013-11-27 15:41 | Report Abuse

i have been holding since 1.30
damn sad .. but still planning to hold it
for those who wanted to invest in this company
my advice is ... DONT INVEST .. there are other better companies than this

Posted by Dkwee > 2013-11-27 15:52 | Report Abuse

Just throw 0.945 got no more confident with this counter...bought 0.99cts damaged......change to Puncak better...good luck bro...

Posted by Darren Kho > 2013-11-27 16:13 | Report Abuse

Getting worse!

Posted by Tiger216 > 2013-11-27 16:17 | Report Abuse

m still holding at 1.38... dammmm....

Posted by Helena > 2013-11-27 16:17 | Report Abuse

Tiger216 .. * High Five .... T.T

Posted by Darren Kho > 2013-11-27 16:18 | Report Abuse

Last time I hold at 1.35 and for for nearly one year and the price keep dropping day by day! Disappointing stock!

Posted by winwin > 2013-11-27 16:19 | Report Abuse

the fundamental of this stock still strong,just the matter of time to recover.now everyone leave this stock because lack of confident on project tanjung piah.

Posted by bryan_su > 2013-11-27 16:20 | Report Abuse

talk c ... EOL alr..

Posted by winwin > 2013-11-27 16:20 | Report Abuse

time to collect to earn some pocket money.

Posted by xenolover > 2013-11-27 16:23 | Report Abuse

空手夺白刃 catch the falling sharp knife with bare hand

Posted by Helena > 2013-11-27 16:27 | Report Abuse

catch too early ... hand will bleed
catch too late ... miss the whole knife

Posted by xenolover > 2013-11-27 16:28 | Report Abuse

suffer no hand bleed, just loss few fingers

Posted by dknycom > 2013-11-27 16:54 | Report Abuse

Rm 0.85 is next support line

Posted by messi > 2013-11-27 16:59 | Report Abuse

Ben gone Leaw...

Posted by beeair2013 > 2013-11-27 17:01 | Report Abuse

Start to buy 20,000 shares @.955

Posted by xenolover > 2013-11-27 17:03 | Report Abuse

another died-hard ronin, let's catch the falling knife, just i already loss 2 fingers....*v*

Posted by scenic > 2013-11-27 17:10 | Report Abuse

Tanjung Piah project still on ?

Posted by Benalec > 2013-11-27 17:20 | Report Abuse

Is time to gather the stocks at discount.