BENALEC HOLDINGS BERHAD

KLSE (MYR): BENALEC (5190)

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Last Price

0.11

Today's Change

0.00 (0.00%)

Day's Change

0.11 - 0.115

Trading Volume

280,000


46 people like this.

13,787 comment(s). Last comment by MrXYZ 2 days ago

Posted by Lawrence Kwan Vui Juin > 2013-11-29 14:59 | Report Abuse

Wait 50cents only buy...

Manin40

542 posts

Posted by Manin40 > 2013-11-29 15:00 | Report Abuse

It is not about worth or not worth. There are many good counters NAV higher than this one. But there share for long time never come back, for years. I also burned at 1.40. Average down is a lie. Lok at Hexagon - it becomes - NAV after putting hope for years. Now its a super 0.04 cents counter.

Posted by yipcoolseng > 2013-11-29 15:00 | Report Abuse

if 50 sen i also not dare to buy

Posted by powerchien > 2013-11-29 15:01 | Report Abuse

I was once the great fan of Mr. Ben. Now, ....

Muarmali

1,186 posts

Posted by Muarmali > 2013-11-29 15:03 | Report Abuse

Some counters are for speculation. :)))

Manin40

542 posts

Posted by Manin40 > 2013-11-29 15:04 | Report Abuse

I agree with yipcoolseng. Just take it like the money is gone. Dont put much hope, A family business always like that. I hate myself not follow my own rule of thumb, never invest in unknown management company.

Posted by Lawrence Kwan Vui Juin > 2013-11-29 15:05 | Report Abuse

Better dun thinks this kind of unpotential company.. cabut!

Manin40

542 posts

Posted by Manin40 > 2013-11-29 15:06 | Report Abuse

Even short term can prop up, long term, many investors queue to sell, I bet.

Posted by GoldFishMan > 2013-11-29 15:13 | Report Abuse

bye bye Mr. Ben. See you at RM0.50 next week.

Manin40

542 posts

Posted by Manin40 > 2013-11-29 15:15 | Report Abuse

If the director see our messages, he may announce buy back to stabilize, but will they take the action? That will be another story...

Posted by YangBerhormat > 2013-11-29 15:16 | Report Abuse

lokchaddiuleilomomachaochibaihamkarchanbeigaudiufulatcaohai

miketyu

464 posts

Posted by miketyu > 2013-11-29 15:17 | Report Abuse

Never, they are busy with court case. And calculating secret profits arising from land sales for the directors

Manin40

542 posts

Posted by Manin40 > 2013-11-29 15:20 | Report Abuse

So dont be happy if it bounce back , it is just a show.

Jack Knight

1,024 posts

Posted by Jack Knight > 2013-11-29 15:26 | Report Abuse

dont touch yet :)

necro

4,726 posts

Posted by necro > 2013-11-29 15:44 | Report Abuse

0.87 is support

Muarmali

1,186 posts

Posted by Muarmali > 2013-11-29 15:47 | Report Abuse

The support is at 88.

Jack Knight

1,024 posts

Posted by Jack Knight > 2013-11-29 15:52 | Report Abuse

there is no technical support anymore so it's a wild guess. try do ur valuations on the stock

lecheew

2 posts

Posted by lecheew > 2013-11-29 15:53 | Report Abuse

next week will drop below 0.85 unless buy back

hepitrade

5,290 posts

Posted by hepitrade > 2013-11-29 15:57 | Report Abuse

50cent lai liao.... hehe

Muarmali

1,186 posts

Posted by Muarmali > 2013-11-29 16:00 | Report Abuse

My guess is KWAP has started buying back after it touch 87.5. :)))))

dknycom

1,235 posts

Posted by dknycom > 2013-11-29 16:01 | Report Abuse

Fund managers sure will buy in after very nice discounted price.

winwin

366 posts

Posted by winwin > 2013-11-29 16:12 | Report Abuse

when the price stop drop, all experts appear and said buy back...this is not technical rebound.internal issue really bring harms to reputation of this company.nobody dare to hold for long term now. if today bounce back to 0.92,i am sure this is called technical rebound.let;s see what happen next week.

lecheew

2 posts

Posted by lecheew > 2013-11-29 16:22 | Report Abuse

I agree what winwin says that!.Internal issue not yet solve nobody dare to hold for long term .

dknycom

1,235 posts

Posted by dknycom > 2013-11-29 16:24 | Report Abuse

Those who hold some at RM 1.1X level can buy in some to cover loss.
If price continue to drop to next level (70 CENTS) then can buy in more.

caven101

911 posts

Posted by caven101 > 2013-11-29 17:18 | Report Abuse

Muarmali where you saw that KWAP is started buy back? cause i saw announcement out is Disposal of shares in open market by KWAP's Fund Manager

winwin

366 posts

Posted by winwin > 2013-11-29 17:34 | Report Abuse

for now,biggest issue is project tanjung piah. if no further progress, the price will continue to drop.so anyone dare to buy in now,the deadline is 11 Dec for signing agreement.all directors need money to fight the lawsuits, they will dispose in open market.i read thru annual report and noticed the operating expenses for future development increased compare to last few years due to cost of reclamation works and research on Tanjung Piah.now 3 brothers broke up,how they can sit down and discuss for future in harmony atmosphere.

thundercats

7,640 posts

Posted by thundercats > 2013-11-29 18:42 | Report Abuse

ya loh. now ben got big problem. Wait for it to settle first.

faralenz

139 posts

Posted by faralenz > 2013-11-29 19:34 | Report Abuse

Fund managers have not really sold heavily yet. KWAP waiting to sell more very soon. Br careful in your trading. Better to cut loss and sell all Ben shares. Later can always buy back at much lower price.

Posted by 5004100138 > 2013-11-29 19:54 | Report Abuse

If KWAP is selling,then shall be not much share leave. if main shareholder is selling due to some hiden company issue.then don,t know whenthe selling will end. Be carefully since this company ntegrity is so poor.

Maxigain

386 posts

Posted by Maxigain > 2013-11-29 20:30 | Report Abuse

...looks like everyone here is fearful now...mayb it's time to be lil greedy. Xmas sales come early...

Posted by TokJanggut > 2013-11-29 20:31 | Report Abuse

Tis stock similar like Petra Perdana! But don forget PP @2.20 down to @070. Settle down then take about 2yrs coming back to @1.98..Benalac drop 60% from @1.10 then can go in & keep it. (@ 0.66)

Maxigain

386 posts

Posted by Maxigain > 2013-11-29 22:16 | Report Abuse

The stock is way oversold, should rebound soon.

winwin

366 posts

Posted by winwin > 2013-11-30 00:15 | Report Abuse

technical indicator is useless now.every support price was broken since last 2 weeks.but i think the price won't drop below 80cents before year end.catch last wave of rebounce before fall under 80c.

messi

1,915 posts

Posted by messi > 2013-11-30 00:37 | Report Abuse

Leaw brothers are controlling 53% of Ben.
1 brother up against 2 brothers.
At the moment, Benalec is all about Leaw, Leaw & Leaw.

thundercats

7,640 posts

Posted by thundercats > 2013-11-30 07:42 | Report Abuse

no more floor to stand on. Ben price will keep on dropping until those two dishonest brother are kick out of Ben. I will not touch Ben if board of directors still keep those two dishonest brother. Better buy other stock like Karex and etc.

Posted by leslieroycarter > 2013-11-30 14:24 | Report Abuse

sad stories told n again....what is the real support ? 80,70,60?

Posted by leslieroycarter > 2013-11-30 22:17 | Report Abuse

i think support at 69 cts same as nta?

Posted by 5004100138 > 2013-11-30 22:25 | Report Abuse

If 69cts,i think it will privatise n delist by main share holder.

messi

1,915 posts

Posted by messi > 2013-11-30 22:27 | Report Abuse

Par value = 25sen, NAV = 69sen

Closing price on 29/11/13 = 88sen is historical low (closing price)

How low can it go from here ?

Posted by khairilazizie > 2013-12-01 00:04 | Report Abuse

Dah nak bankcrupt c. Be carefull..... Liar bisness.

Posted by khairilazizie > 2013-12-01 00:05 | Report Abuse

Big Business liarrr

alenac

2,655 posts

Posted by alenac > 2013-12-01 00:29 | Report Abuse

his counter was sold down since August 2013. I think the directors has anticipated the losses way before the last financial quarter was available.

Lembusial

120 posts

Posted by Lembusial > 2013-12-01 00:54 | Report Abuse

internal issue harming reputation of this company. All run nobody dare to hold

anbz

5,163 posts

Posted by anbz > 2013-12-01 01:32 | Report Abuse

Bro Lemb...apapasal u guna gambar sama ? kiki

anbz

5,163 posts

Posted by anbz > 2013-12-01 01:42 | Report Abuse

turning sand into gold ...or money into sand?

oasischeah

1,461 posts

Posted by oasischeah > 2013-12-01 08:50 | Report Abuse

Securities Commision should act now!!!!. What are they doing when the Datuk Datuk Penipu are swindling money.Show the world what Malaysian authorities can do,to safeguard investors?????.

rlch

4,142 posts

Posted by rlch > 2013-12-01 10:51 | Report Abuse

Latest average TP from 3 research house is RM1.27 still a hefty 44% upside from current price. No.2 hotstock in i3 but why price keep going down.

thundercats

7,640 posts

Posted by thundercats > 2013-12-01 11:41 | Report Abuse

must go to 0.60++ then people dare to buy & hold. or else your hard earned money down in this toilet counter called benatoilect = bina toilet

imoogi99

1,640 posts

Posted by imoogi99 > 2013-12-01 12:58 | Report Abuse

Looks like major shareholders are not supporting this counter. At Grand Canyon, you can see the bottom but for this counter, there's no bottom to see. What are the major shareholders doing?...Looking to buy low or more rubbish will be out soon???

KC Loh

13,701 posts

Posted by KC Loh > 2013-12-01 13:36 | Report Abuse

personally i think Benalec is still a bit on the high side for me even after such drastic drop in price. but will monitor this stock now! the reward would be well worth its risk!

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