If Bear, Maybank come to RM3 or less also can. I noticed you're not hesistated to cut loss, you cut loss on Aiasia X, Benalec or some others maybe. You buy when the share rose, cut loss when it down because of fear. Very typical buy high, sell low, at the end of the day, you won't have any share on your account, so does the monies. For yr character, equity market is really not suitable for you, you always listen to others for yr investment decision. My comments have no offend to you because many people have same attitude as you. Equity investment got very simple rule, Never loss money. In order to achieve this simple rule, you must do whatever it takes. You should understand the market, it likes wave, got up and down. We should always be prepare for the downturn, actually should see it as an opportunity. I made most of my monies during downturn.
I don't think the past few days correction is a good time to do bottom fishing. The market seem will break below 1800 soon. Maybe March is a good time to buy. Only selected counters will outperform market during 2014, so be careful with your picks.
March is the time where RAPID project will be decided Go or NO GO, or rather say STOP or NO STOP, further it is also an important month for Mr. Ben!!!!
Next quarterly report will be in end of Feb-14. Can expect more revenue.
Despite Benalec having, for the first time since IPO, to record a relatively small loss by way of quarterly financial reporting, the Group maintains a very positive outlook vis-à-vis its prospects for the rest of the financial year. This positive outlook is based on the fact that 180.59 acres of land, forming the subject matter of Sale & Purchase Agreements already signed and publicly announced, will generate revenue (approx. RM254 million) and profits for recognition over the subsequent quarters.
Adding to the positive outlook is the uptrend in the demand for, and pricing of, the Group’s reclaimed land-bank in Melaka. This, in turn, augurs well for the Group’s financial performance in the near term.
CIMB Research also lowered its target price for Benalec from RM1.68 to RM1.25. The termination of two directors was a negative surprise and investors could turn cautious about management's credibility, now all brothers disputes been solved, buy call.................
0.895 consider a good bargain, no worry about the price fluctuations especially with the CNY is just around the corner do expect some investors going to take profits and stay away for this week.
Don't believe on News Paper ~ If the Paper say buy than it is only 20 % we will win. Air Asia X , Benalec , Bumi Armada & many more is good example. For this stock it is only save if price above 0.86 above.
If not the shark still keep press it until we all KO. Vincent Tan is Good example.
New IPO: Building management systems (BMS), solar thermal systems and energy-saving services provider, Solar District Cooling Bhd aims to list on the Ace Market!
MQ Trader 636 views | 4 d ago
0:17
New IPO: The onshore and offshore support services provider for the O&G industry, Steel Hawk Bhd aims to list on the Ace Market!
MQ Trader 13599 views | 12 d ago
0:17
New IPO: The largest mini-market player and a leading groceries retailer in Malaysia, 99 Speed Mart Retail Holdings Bhd aims to list on the Main Market!
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....
KC loh
30 posts
Posted by KC loh > 2014-01-14 13:49 | Report Abuse
Zero, nice info of Aussie penetration of Ben Business. The more the merrier. Ah Ben no power. Ben need more Tongkat Ali to boost his power.