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

sheep

3,849 posts

Posted by sheep > 2014-01-02 22:20 | Report Abuse

i thought abt 50 millions?

messi

1,915 posts

Posted by messi > 2014-01-02 22:25 | Report Abuse

It was around 51mil before disposal of 9.5 mil on 27/12. Now balance is abt 42 mil shares. It will take them few more weeks to dispose all if they intended to.

BullBear

3,811 posts

Posted by BullBear > 2014-01-02 23:12 | Report Abuse

Folks, KWP is no longer a substantial shareholder of Benalec as now only holding less than 5%. So with too much of uncertainties e.g unresolved issues in the management & ability to secure new project now, will the share price be & stay below 0.80 soon due to continuos cashing out by KWP & other local institutions?

Careful now!

AhSeng

645 posts

Posted by AhSeng > 2014-01-02 23:14 | Report Abuse

best buy if can get at .80 .

ST

405 posts

Posted by ST > 2014-01-03 08:56 | Report Abuse

they need confidence from members...they are taking corrective measure to run the business...

katani17

190 posts

Posted by katani17 > 2014-01-03 15:41 | Report Abuse

up again like a yoyo

bigFAT

770 posts

Posted by bigFAT > 2014-01-03 15:44 | Report Abuse

tp 50 cents

jenabchen123

1,219 posts

Posted by jenabchen123 > 2014-01-03 15:54 | Report Abuse

Property price up by 10% ??? Why this Benalec cannot go up now??? Pasir pun mesti naik harga so property made up from pasir pun mesti no choice but to naik.

Posted by limputong88 > 2014-01-03 17:03 | Report Abuse

steadfast above .85 for 3 days despite the drop in klci.The begining of the rise.

Firebird2

1,730 posts

Posted by Firebird2 > 2014-01-03 20:55 | Report Abuse

Badly shaken by this counter. Rather than cut loss, Im now waiting it out

BullBear

3,811 posts

Posted by BullBear > 2014-01-03 21:23 | Report Abuse

Remember folks, the local institutions are surely & slowly trying to cash out above 0.850! But the big question, can the buyers absorb & keep the share price above 0.80 when there are still massive & continuous cashing out from the local funds? Careful now!

Firebird2

1,730 posts

Posted by Firebird2 > 2014-01-03 21:29 | Report Abuse

The sell off by local institutions are hugh, Ill be limping for a while on this, worse come to worse, trash it

iwan1991

752 posts

Posted by iwan1991 > 2014-01-03 22:27 | Report Abuse

good news?? the family affair over already??

staind86

291 posts

Posted by staind86 > 2014-01-03 22:32 | Report Abuse

i just wondering. in this case, can they signed HoA to sell all their shares to Leaw Seng Hai and close the case?

how about minority shareholders? Money songlap just gone like that while the younger bro now gain control of the company?

SANG-JERO

3,980 posts

Posted by SANG-JERO > 2014-01-03 22:40 | Report Abuse

KWAP already give up on Benalec......VERY...very bad investment.....

Firebird2

1,730 posts

Posted by Firebird2 > 2014-01-03 22:53 | Report Abuse

That's the headspin, staind86.

KWAP will continue doing so, and worse is yet to come

BullBear

3,811 posts

Posted by BullBear > 2014-01-03 23:20 | Report Abuse

"After an investigation done between May and September this year, independent auditors concluded that there were strong documentary evidence linking to duo to the land disposals. Benalec’s legal counsel determined that the deal constituted a breach of the terms of the service agreements of he two directors."

View here: http://www.theedgemalaysia.com/business-news/266413-benalec-brothers-call-a-truce.html

“But if the non-disclosure was material, especially if it resulted in secret profits, then it is quite serious. These issues remain whether or not the accused have resigned from their positions,” she says, adding that “a breach in regulations is something that the regulators ought to pursue even if the company has decided to drop the legal charges”.
In a statement to The Edge, Bursa Malaysia says: “We are looking into the matter. If there is any breach with regard to listing requirements, regardless of whether the company is taking action against the directors or they have resigned, we will carry out necessary follow-up action.”

View here: http://www.thebursatalk.com/benalecs-turn-suits-raises-eyebrows/

Remember folks, the local institutions are surely & slowly cashing out. So the big question; why not you? Hahahahahahahahah!! Investors have shorts memories!

Firebird2

1,730 posts

Posted by Firebird2 > 2014-01-04 00:12 | Report Abuse

Been reading this over and over again. Should change my nick to frozenbird

katani17

190 posts

Posted by katani17 > 2014-01-04 00:14 | Report Abuse

today benalec have 2 news. disposal n offer share for director

Posted by limputong88 > 2014-01-04 00:51 | Report Abuse

Guys the dust has settled.Bad news abt this counter is yesterday news. Counter will start to go up when all bad news has dusted.

Posted by limputong88 > 2014-01-04 00:57 | Report Abuse

All who believe that this counter will flop are those who are reading in yesterday news....

ladzatz

975 posts

Posted by ladzatz > 2014-01-04 01:18 | Report Abuse

TP = 40 cents

BullBear

3,811 posts

Posted by BullBear > 2014-01-04 10:05 | Report Abuse

Reality is that the local funds are trying their level best to dump this share slowly & surely at above 0.850 but the big question; how long can buyers absorb the continuos dumping above 0.85? Remember folks, the share price is hovering near it year low at 0.845. Selling is a priority for the local funds as buying is not an option anymore.

Investors have shorts memories!! Hehehehehehe!!

Posted by betulbetulcakap > 2014-01-04 15:25 | Report Abuse

kakakap , no more 0.85 !

3words

39 posts

Posted by 3words > 2014-01-04 16:53 | Report Abuse

半桶水的通常都是高调,而一桶水的通常比较低调,这是这个世界的藏论。一个人由穷到富有,经过生活种种痛苦,煎熬的磨练,身心都会比较成熟,不会特别的炫耀,但会特别的低调。一出世就咬着金钥匙的,哪里会明白这种折磨和经历~可能会被培养成人才,但永远不会体会到由穷到富有的荣誉感。如果有一天他倒了,可能就是那一刻他才明了吧~

Tessa Joseph

7,919 posts

Posted by Tessa Joseph > 2014-01-04 20:18 | Report Abuse

moving up, possible?

3words

39 posts

Posted by 3words > 2014-01-04 20:22 | Report Abuse

buy

Tessa Joseph

7,919 posts

Posted by Tessa Joseph > 2014-01-04 20:24 | Report Abuse

3words BUY, lol Actually I saw an article at theedgeonline with regard to benalec...hmmm

Posted by limputong88 > 2014-01-04 23:02 | Report Abuse

At the end of the storm,there is a "golden" sky,and a sweet silver song of a bird...walk on n climb...

tewnama

4,251 posts

Posted by tewnama > 2014-01-05 20:18 | Report Abuse

tessa, awak confident dgn mr ben?

ladzatz

975 posts

Posted by ladzatz > 2014-01-06 01:55 | Report Abuse

tessa....your chance to cover losses in dscol... rlch...i'm afraid pw going to 40 cents...near term 69 cents...the directors pushing down again...
a W-pattern graph in ascending motion for MQ TECH detected...will fly
http://www.investopedia.com/university/charts/charts4.asp

Tessa Joseph

7,919 posts

Posted by Tessa Joseph > 2014-01-06 07:01 | Report Abuse

Good morning
ladzatz yup dscol a nightmare, THANKS FOR YOUR RECOMMENDATION.
tewnama not that confident with Mr Brem need to watch the movement today.

tonylim

4,796 posts

Posted by tonylim > 2014-01-06 07:16 | Report Abuse

Tessa good and early morning.
First time in here at this hour

Tessa Joseph

7,919 posts

Posted by Tessa Joseph > 2014-01-06 07:42 | Report Abuse

Tony, happy trading. :)

ST

405 posts

Posted by ST > 2014-01-06 09:00 | Report Abuse

:) best of luck guys....we are looking for the bright light shining Mr Ben

katani17

190 posts

Posted by katani17 > 2014-01-06 09:19 | Report Abuse

hope no down like previous until 85sen

cashonhand

577 posts

Posted by cashonhand > 2014-01-06 10:23 | Report Abuse

now price 88=huat huat....

Posted by limputong88 > 2014-01-06 14:45 | Report Abuse

Hurry up bull bear. Put on your pants....

zack_liza

1,560 posts

Posted by zack_liza > 2014-01-06 14:47 | Report Abuse

still can buy...best buy if buy 0.90 and below..company start buy back ....director increase holding..kwap cease holding...

katani17

190 posts

Posted by katani17 > 2014-01-06 14:51 | Report Abuse

where you see kwap cease holdings

Posted by limputong88 > 2014-01-06 14:58 | Report Abuse

Buy..buy.. ofcourse there will b profit taking along the way up..

Muarmali

1,186 posts

Posted by Muarmali > 2014-01-06 15:58 | Report Abuse

Thanks to kukuman, tewnama, tshwong, bullbear.....we all got an opportunity to buy this counter below 90 sen. :)))))

tewnama

4,251 posts

Posted by tewnama > 2014-01-06 16:11 | Report Abuse

tahniah untuk u

tewnama

4,251 posts

Posted by tewnama > 2014-01-06 16:12 | Report Abuse

kalau besok naik lagi, kena buat kenduri bersyukur

ampabella

1,378 posts

Posted by ampabella > 2014-01-06 19:43 | Report Abuse

mati dan hidup balik then mati again then hidup again, banyak syiok

tshwong

603 posts

Posted by tshwong > 2014-01-06 20:56 | Report Abuse

The real show has not started yet. Wait till it break through 1. This counter will suprise me if its price still below 2 within 2 years from now. I'll give him 2 years for the Tanjung Piai project to kick start, that should be ample of time allowance. From 0.87 to 2, 130% return within 2 years, that'll be enough for me.

esegaban

1,311 posts

Posted by esegaban > 2014-01-06 20:58 | Report Abuse

jual jer...kwap still sold ....

tshwong

603 posts

Posted by tshwong > 2014-01-06 21:03 | Report Abuse

I was stated few time here before, the key was to buy it before end of Dec 2013. Usually, funds trend to do some shuffle during year end.

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