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

tshwong

603 posts

Posted by tshwong > 2014-01-06 21:04 | Report Abuse

Only the winner stay.

Ho Lee Man

151 posts

Posted by Ho Lee Man > 2014-01-06 21:46 | Report Abuse

Benalac paying 2% dividend on 14.2.14...Hold

Maxigain

386 posts

Posted by Maxigain > 2014-01-06 21:50 | Report Abuse

tomorrow will be above 1.00...

Posted by limputong88 > 2014-01-06 22:35 | Report Abuse

I share tshwong view right from the start.Dont expect a fast rise as profit taking will come in along the way.Rest assured this counter as some dreamers predict to come down to .80 will nevet happened.Anyway i make a lot from IRIS tdy...

elmo888

153 posts

Posted by elmo888 > 2014-01-06 23:39 | Report Abuse

2% of 0.25 par value is a small dividend. lost a huge confident on this stock after holding for years due to poor management and lack of integrity. KWAP should get out from this stock to safe the public money.. the Tanjung Piai is a dream... it has been talking about it for years... Moreover, they have plenty of re-claimed land to sell but .......(dunno what will happen behind the scene)..

tjhldg

27,218 posts

Posted by tjhldg > 2014-01-06 23:42 | Report Abuse

hehehee .. 1.00 1.00 1.00

m_faiza1

556 posts

Posted by m_faiza1 > 2014-01-07 00:37 | Report Abuse

Today just started, tomorrow is showtime, I did inform before, potential strong bullish, non-stop once moving....

emma

281 posts

Posted by emma > 2014-01-07 01:27 | Report Abuse

Got any good news come out. ...?

tshwong

603 posts

Posted by tshwong > 2014-01-07 08:22 | Report Abuse

Yes, you're very sensitive. News said its price will go up till 2.

ST

405 posts

Posted by ST > 2014-01-07 08:54 | Report Abuse

today will be a drop....will rise again after today!!!!

tommy826

50 posts

Posted by tommy826 > 2014-01-07 08:58 | Report Abuse

morning...shark coming liao, shark coming liao

Muarmali

1,186 posts

Posted by Muarmali > 2014-01-07 09:05 | Report Abuse

Haiya young men...no need to analyse so much lah...wait for good price to sell today. :)))

zack_liza

1,560 posts

Posted by zack_liza > 2014-01-07 09:17 | Report Abuse

reverse up...if breakout 0.93...easy to touch 0.95 & 0.98...

zack_liza

1,560 posts

Posted by zack_liza > 2014-01-07 09:34 | Report Abuse

still buying mode...to me still can buy ..TP 1.10 next 1.30....next 1.50.

AhJee

467 posts

Posted by AhJee > 2014-01-07 09:40 | Report Abuse

is it? so can go in some more?

han2nd

2 posts

Posted by han2nd > 2014-01-07 10:04 | Report Abuse

6 Jan 2014

KUALA LUMPUR: Affin Research has maintained its Trading Buy call on Benalec with a target price of RM1.98, it said on Monday.

Affin said Datuk Leaw Seng Hai’s raising his indirect interest in Benalec Holding and the two-year option granted by Datuk Leaw Ah Chye as well as Datuk Leaw Tua Choon ceasing to be a substantial shareholder will help to address concerns about a sibling tussle impacting the management and operations of Benalec Holdings.

“We see this as a positive development. Nevertheless, the key driver to Benalec Holdings’s profit and share price remains a positive outcome to the signing of a definitive Sale and Purchase Agreement with 1MY Strategic Oil Terminal for the reclamation of 1,000 acres of land in its 3,485-acre land reclamation concession off the coast of Tanjung Piai,” it said.

The research house said Benalec has also announced the offer of 600,000 options to Aznam bin Mansor, Koo Hoong Kwan and Wong Yoker Nyen under the share issuance scheme for independent directors

mrlim

280 posts

Posted by mrlim > 2014-01-07 11:21 | Report Abuse

will reach rm1 soon

morivae

443 posts

Posted by morivae > 2014-01-07 11:40 | Report Abuse

finally jump on the bandwagon...let's rox benalec!!!

jenabchen123

1,219 posts

Posted by jenabchen123 > 2014-01-07 11:55 | Report Abuse

YeeeeeeeHaaaaaaaa!

banana86

301 posts

Posted by banana86 > 2014-01-07 11:55 | Report Abuse

get some ang pow for CNY. Gong Xi Fa Cai!!!

Posted by limputong88 > 2014-01-07 15:02 | Report Abuse

Slowly reaching IPO price.

BullBear

3,811 posts

Posted by BullBear > 2014-01-07 16:03 | Report Abuse

Take profit or cut loss if you have too cos the local institutions are slowly & surely cashing out! careful now! Hahahahahahah!!

BullBear

3,811 posts

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

Benalec misses deadline to execute settlement agreement.

The deadline is over and Benalec Holdings Bhd has yet to execute, let alone announce, its final settlement with the parties it had accused of misconduct.

A source told The Edge Financial Daily that the settlement is being reviewed by the regulators.

“Bursa Malaysia has asked the company to furnish it with details of the settlement. It will be announced in due course,” said the source, who did not disclose a specific date by which Bursa would revert to Benalec.

How now? Heheheheheheh!!

tewnama

4,251 posts

Posted by tewnama > 2014-01-07 16:11 | Report Abuse

betul ke? cerita ini tak habis habis settle

BullBear

3,811 posts

Posted by BullBear > 2014-01-07 16:12 | Report Abuse

Benalec misses deadline to execute settlement agreement

Benalec had on Dec 4, 2013, signed a heads of agreement (HoA) with three parties that it had sued earlier — Datuk Leaw Tua Choon, Datuk Leaw Ah Chye and Tua Choon’s son, Leaw Yongene — to set out a framework to settle all legal suits, grievances, disputes and claims among them.

The company had announced to Bursa on Dec 4 that it had set for itself a month’s deadline to “finalise the detailed terms of a full and final global settlement of all disputes [between the related parties] and to execute the final settlement agreement.”

Benalec stripped the two brothers of their executive positions in October after an independent audit committee found “strong and compelling” documentary evidence linking them to two land disposal transactions in which they had links to the purchasing entities.

Careful now! Hahahahahahah!!

tekken

797 posts

Posted by tekken > 2014-01-07 16:14 | Report Abuse

wohoo

BullBear

3,811 posts

Posted by BullBear > 2014-01-07 16:14 | Report Abuse

The committee then called for an EGM to remove Tua Choon and Ah Chye as directors before they resigned from the board in a “gesture of goodwill”.

In a filing with Bursa last Friday, Benalec announced that Tua Choon had two weeks ago sold his entire 14.81% indirect stake in the company to the third brother, Datuk Vincent Leaw Seng Hai, and Ah Chye.

Vincent’s stake in Benalec subsequently increased from 15.34% to 23.71% and Ah Chye’s from 14.81% to 21.26%. Tua Choon ceased to be a substantial shareholder. The price of the shares transacted was not disclosed.

Ah Chye further granted Vincent, who is Benalec’s managing director and largest shareholder, the option to purchase at least 30% of his indirect interest in the company. Should Vincent exercise the option, his stake would increase to at least 30%.

In a separate announcement last Friday, Benalec said it offered its three independent non-executive directors — Aznam Mansor, Koo Hoong Kwan and Wong Yoke Nyen — options of 200,000 shares each at an exercise price of 78 sen. This is a 10.3% discount to Benalec’s share price of 86 sen on the offer date. Benalec’s shares closed 6.36% higher at 92 sen yesterday.


This article first appeared in The Edge Financial Daily, on January 07, 2014.

BullBear

3,811 posts

Posted by BullBear > 2014-01-07 16:26 | Report Abuse

Affin: TP RM1.98
AMMB: TP 1.31
Kenanga: TP 1.25

If stock market experts were so expert, they would be buying stock, not selling or giving advice.

How? Hahahahahahah!!

tewnama

4,251 posts

Posted by tewnama > 2014-01-07 16:29 | Report Abuse

aiya, mereka cari makan juga. itu kerja mereka.

mazli

55 posts

Posted by mazli > 2014-01-07 18:40 | Report Abuse

esok up lagi tp komen

tshwong

603 posts

Posted by tshwong > 2014-01-07 19:06 | Report Abuse

Look who is here? The shameless BullBear. Haha. Now, you put on your pant, which borrowed from your friend. Such a loser. Talk is easy and cheap and The Cheap always talks. Zero share also bullshited page long, together with that 100 share holder, tewnama, a true idiot. Only with Benalec's price shooting up, then two of your souls can rest in peace.

grace22

10 posts

Posted by grace22 > 2014-01-07 19:08 | Report Abuse

On 30/12/2013 I wrote: Attended Friday 27/12/13 AGM; the new Board Members sounded confident/ positive. It would seems an internal Management Settlement forthcoming. As explained, even those voted out of the Board do not wish to prolong the issues as they are also substantial shareholders and derive no benefits if the share price continues to fall. Strongly believe the coming quarter will see much improve financial result. My personal view is to hold the shares or better still buy more.
30/12/2013 18:51

For those who had bought more @ RM0.85 on 27/12 will now enjoy 10.5% ...........My gut feel, it will at least go back to RM 1.35 - 1.45 range prior to the family issues. Let's hope I am correct!

tewnama

4,251 posts

Posted by tewnama > 2014-01-07 19:15 | Report Abuse

Amboi ah wong... cakap kuat bila sudah naik sikit. U beli berapa harga. 0.87 kan. Lagi? 0.90? Lagi? 1.00? 1.10? U masih sangkut lagi. Jgn berlagak. Cerita belum tamat. Kurang kurang i sudah menang dlm ecowld. Sekarang paper gain atleast 60 sen sesaham.

tshwong

603 posts

Posted by tshwong > 2014-01-07 19:59 | Report Abuse

@tewnama, my comment to u was true and precise. Talking about ecoworld, I brought it at 60 cents as Focal before name changed. You dared to buy at 3.80, you're so lucky. Tidak tahu tidak takut. One thing I never did in my investment journey is "chasing high". You are not chasing high, but chasing sky. If you fall, no one are able to find you. If the market crash, you'll cook. I'll sell all of ecoworld soon, switch back to spsetia at below 2.80.

tshwong

603 posts

Posted by tshwong > 2014-01-07 20:02 | Report Abuse

2014 will be a volatile market. We'll have a lot of fun.

tewnama

4,251 posts

Posted by tewnama > 2014-01-07 20:09 | Report Abuse

Fakta sebenar sekarang ialah saya belum cook. Kamu banyak if if. Yg confirm sekarang saya tak sangkut. Masih paper gain. Tak main main if if punya. Tapi yg confirm sekarang u yang masih sangkut. Bukan i. Kalau, "if" lah tu yg awak sudah guna, market crash, baru cakap la.

tshwong

603 posts

Posted by tshwong > 2014-01-07 22:36 | Report Abuse

Fakta sebenar sekarang ialah saya sudah ada 30K paper gain on this counter. Dulu sudah ada 14K profit on this counter, tapi awak yang rugi on this counter. So, my comment to you memang betul-betul. A true idiot mamang tidak tahu 'if', mereka mana tahu buat 'risk managemnet' ? Main saham macam pergi casino sahaja. Kalau nasib baik, untung sikit, kalau nasib tidak baik, jualkan pant sahaja lah.

cashonhand

577 posts

Posted by cashonhand > 2014-01-07 23:22 | Report Abuse

if not mistake TCHONG oso got same family issue b4...once settle now its price alrd hike lot...so b patience to get fruitful return

tewnama

4,251 posts

Posted by tewnama > 2014-01-07 23:49 | Report Abuse

ya ka. byk untung nampaknya. u saja yg tahu. sekejap 30k, sekejap nanti 300k pulak. i pun boleh kata i untung 1 juta.

tewnama

4,251 posts

Posted by tewnama > 2014-01-07 23:57 | Report Abuse

pendidikan kamu mungkin tinggi. tapi pertuturan dan didikan kamu memang tak baik. Dlm kata lain, kurang ajar. suka guna bahasa kesat idiot ini idiot itu. sebab tidak sependapat dlm pilihan saham, sudah mahu guna kata kata kesat. Mahu debat, debat lah baik baik. Debat saham bukannya debat personal.

Posted by Fat Cat Tim Buddy > 2014-01-08 00:01 | Report Abuse

tewnama = diu niama ?

tewnama

4,251 posts

Posted by tewnama > 2014-01-08 00:08 | Report Abuse

TEWan NAsi MAmak sdn bhd
syarikat boss ini. i org pencen. bekerja sampingan

Posted by Fat Cat Tim Buddy > 2014-01-08 00:11 | Report Abuse

sound like diu niama... kikiki

tewnama

4,251 posts

Posted by tewnama > 2014-01-08 00:23 | Report Abuse

biasa lah i dengar selalu.

tewnama

4,251 posts

Posted by tewnama > 2014-01-08 00:42 | Report Abuse

KWAP lagi ada 47 juta saham. cerita belum habis lagi. mahu labur dlm syarikat ini sekarang bukan masa nya. tunggu sehingga mereka clear pegangan mereka. Kenaikan dua tiga hari lepas adalah wayang saja. dana institusi sudah hilang kepercayaan dlm syarikat ini. reputasi mereka terjejas dan akan ambil masa untuk pulih. KWAP tidah bodoh. fikir fikir kan lah kenapa harga naik dua tiga hari yang lepas

Muarmali

1,186 posts

Posted by Muarmali > 2014-01-08 09:00 | Report Abuse

tewnama, bila harga turun beli aje. Jangan dok study banyak2. Nanti terlepas ONG. :)))

tewnama

4,251 posts

Posted by tewnama > 2014-01-08 10:09 | Report Abuse

Betul. I respect pandangan muarmali. I tak kecam. Itu hak dia. Tapi byk orang sini hanya suka dengar cerita positif. Sikit negatif sudah tak syiok terutama yg sudah beli saham. Walaupun i masih ada saham ini, tapi i bagi pandangan negatif juga. Sebab yg negatif memang negatif. Tak baik spin spin. Bagi chance untuk orang dengar pro and con terutama yg hendah labur.

thundercats

7,637 posts

Posted by thundercats > 2014-01-08 16:25 | Report Abuse

beIi byk byk supaya nanti harga naik lagi. Tampa sokongan anda harga Ah Ben turun .

ladzatz

975 posts

Posted by ladzatz > 2014-01-08 18:14 | Report Abuse

lionel?

Muarmali

1,186 posts

Posted by Muarmali > 2014-01-09 08:47 | Report Abuse

Will drop below 90? :)))

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