Muarmali, itu kena tunggu expert expert sini untuk beri pandangan. tapi I cadang u berhati hati dgn pergerakan harga. kalau nak long term, fikir 2 kali
Getting back to above 1 is imminent. This HoA should enough to restore investor's confident and the company can move forward. Selling pressure should ease off already, now pending for signal to take off. Let us enjoy our fruits. Only the winner stay.
In a volatile market of 2014 as I expected. Only those who adopt value investing method, buying share at weakness or lower band have a better chance to reap a profit. Those who chasing high, buying so called 'winning share', may just keep striking their luck. Happy investing 2014.
yeketou. U must be a bump. U want value buy BAT . U hav money or just a little. I capital is for serious investor and TP is 1.22. If u are smart Alec , go n buy hibiscus ...
With most of the uncertainties removed and the S&P for the 2 lands recinded and the lands returned to the company with the announcement of the salients points of the HOA, is a BIG plus for this stock.
In all likelihood, the share price will move up substatially in a knee jerk reaction on Monday.
If one read thru the HOA posted on Bursa Website, it is clear that much progress has been made towards settlement of the HOA. This is definitetly a Plus factor for the company and this will likely result in a positive move in the stock price.
Relevant extract of the company announcement are as follows:
The Heads of Agreement is available for inspection by registered shareholders at the registered office of Benalec located at Level 18, The Gardens North Tower, Mid Valley City, Lingkaran Syed Putra, 59200 Kuala Lumpur during normal office hours from Mondays to Fridays (except public holidays) for a period of three (3) months from the date of this Announcement. (e) The Board of Directors (with the exception of Dato’ Leaw Seng Hai who abstained from expressing his opinion) is of the opinion that the settlement is in the best interests of the Company, for the following reasons: - the Company will benefit financially from the rescission of the land sales mentioned above; - settlement of the legal suits under the Heads of Agreement will not have any adverse impact on the Company; - settlement of all issues cited in the Heads of Agreement will enable the Board as well as the key management team of the Company to focus on developing and upscaling the Company's business to best effect. (f) The implementation of the matters highlighted in paragraphs 1 to 3 above already represents a substantial degree of completion of the settlement.
Ah Ben Board of directors certainly make full use of Bursa posting to create a view that final HOA settlement is at the final stage. Ben Board of directors are a very clever bunch of people to engineer a turnaround for Ben lah.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
tewnama
4,251 posts
Posted by tewnama > 2014-01-09 10:49 | Report Abuse
Muarmali, itu kena tunggu expert expert sini untuk beri pandangan. tapi I cadang u berhati hati dgn pergerakan harga. kalau nak long term, fikir 2 kali