I will tell how things as it is. If it is good, i say good. If it is bad, i say bad. Let the people out there listen to both sides of story. U can continue to sell your "good" story about the company. If u already stuck in the company, pls dont ask people to join u. Let them decide. After all, the share price speaks everything. No need to hard sell.
At last u said human words n give facts, this is wat we like to hear n share opinions, not just deny other n said this company is rubbish! Urs opinion is urs but if u disagree with our opinion,share ur opinion politely n not just mentioned this company is hopeless without reason, by the way, according to wat u said, this is not rubbish company, just for long term n wait to regain ppl trust only
long time. not long term. oh mine. Twist and spin whatever suit you la. Get real. long time, long term, long haul, long goal, and whatnot are dreadful words for street players. anyway, make sure you invest a lot in the company since you like it so much for "long term".
Kukuman, You seem to have a lot of difficulty understanding that just because some of us believe in being fair with our comments, it does not necessarily follow that we are enticing others to invest in the counter. All I hope to read on this blog are fair and well-reasoned comments. You have been rubbising the counter for some time, why don't you give us your VALID reasons why you think this company is rubbish?
Let do some calculation...how much this company worth...since all of its sales projection n time frame n profit margin edi list out except Johor project until further notice.... Lets hunt for money or switch to other counters...
An interesting read. The announcement gives more details on what were the issues caused by the two brothers. Not going to regale the highlights since I feel this is a must read if you're a shareholder/interested to be a shareholder of Benalec.
One thing though, the EGM to ratify this heads of agreement is expected to be held end of May. Also expected is the ratification of the RM235m land sale that was announced earlier. Interesting why it's being delayed till then. Makes you wonder if it's because management is expecting to include a third item to be ratified then. (hopefully it is, since I'm sure we'll all be happy if it is!)
TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS): RELATED PARTY TRANSACTIONS BENALEC HOLDINGS BERHAD (“BENALEC” OR “THE COMPANY”) PROPOSED RATIFICATION OF THE HEADS OF AGREEMENT (“HoA”) FOR THE GLOBAL SETTLEMENT BETWEEN THE COMPANY, DATUK LEAW TUA CHOON (“DLTC”), DATUK LEAW AH CHYE (“DLAC”) AND LEAW YONGENE (“LYG”) (“PROPOSED HoA RATIFICATION”)
staind86: Not in this announcement, but in the initial land sale announcement (20 March 2014). Item 2.3.1 (a) in said announcement: "the consent of the shareholders of Benalec being obtained at an extraordinary general meeting ("EGM") to be convened within six (6) from the date of the SPA..."
Kukuman, There's no need for you to be sad. If you own any of their shares, just sell them. If you don't own any, don't buy the shares. I'm sure nobody is pointing a gun at your head and forcing you to buy!
To be fair, any investment in Benalec should not be made with the intention of making a quick kill. This is a counter for those with a longer-term investment horizon because of its organic growth potential. Any savvy investor ought to have a well-balanced portfolio, combining short-term investments with longer-term investments.
oasischeah, I long ago already abandoned this rubbish company. but I still keep minimal units for the sake of attending their AGM to ask them tough questions. This company is a disgrace to the investment community,
Kukuman - Good job well done. Most of my friends has already abandoned Benalec. We never like this company since the last family fued and it has never recovered. The general public has no confidence in Benalec now.
Mr SavvyOne - an ID name that only show face here, I used to invest long term since its IPO. Many said it was organic company that time. They are called the "lands creator" back then with promising future. If you are new with the company, you can be forgiven. I can bet you may not have even attended any of their AGM. What organic growth? No more organic story for this company. They are too old for that.
Kukuman, You do amaze me. Unlike most of us mere mortals, you give the impression that you have a crystal ball that can tell you what the future holds, especially in the case of Benalec. You certainly seem to know much more than the financial analysts and fund managers. That being so, you should not waste your time on this forum. Go and bet your last dollar on what your crystal ball tells you are the winners in the stock market!
By the way, I make no apologies for having invested in this company. In fact, I intend to buy more at the current price. I want to test my brain against your crystal ball.
Savvy, no need crystal ball. So long as the share price did not go up, I win. you still lose. Until your long term in mr ben gives you the profit, u are still stuck. I want to believe you will buy more of mr ben. I really is.
When lose an argument based on facts, you accuse people for trying to out-smart everyone. By the way, if I am you, I won't feel too proud to tell people I bought at 86 cent. what the different when the current price is only 0.89 - 0.90. few cents is nothing la. Furthermore, you must be holding big quantities. See you, I think so highly of you being very loaded. But don't tell me you are not holding big quantities since you are telling all and sundry that you will be buy more at current price.
Kuku, going from your histrionics against Savvy, i guess we can all see who is the rational one here lah. Don't need to throw tantrums here, top bestest number 1 investor Kukuman sir. Didn't your mother teach you manners?
Kukuman, You sound like a sore loser to me. Just because you've lost a few bucks on your investment in Benalec shares doesn't mean you must spend the rest of your life cursing the company and anyone who does not share your screwed-up opinion. By the way, you still have not been able to tell everyone here why you reckon the company is "rubbish".
Why you so scare with my opinion about mr ben as though my opinion could affect the share price. In the first place, i condemn mr ben and NOT YOU. Why you so emotionally disturbed by my condemn on mr ben? Just because you love mr ben does not mean i have to love mr ben. so simple also dont understand. Why you need to curse just because we have different of opinion. When cannot win an argument, you want to curse this and curse that. Some even use the word "your mother". Aiyo. It is either education system failed on you or your upbringing failed on you. Grow up la, young boy.
By the way, it is not so much of losing few bucks on my investment in Benalec. Have you ever sit in any Board of Directors or not, as non-executive director in any public listed company? It is integrity, accountability, responsiblity and governance that the company must have. Never mind la. you where got understand all these.
kukuman, again, i think we can all see quite clearly who the education system has failed on - ah such fluency of language, such poetry and delicacy of manner and grace in you which i obviously did not receive.
by the way, i have only jumped in just because you have shown an utter lack of manners to other forum members. share your opinion, yes, but with a modicum of sense and basic courtesy, please. to put it simply, so you may understand, you have been a rude and very arrogant person.
ps: you may need to tell me which education system i should refer myself to, so as to write as powderfully as you have.
When talk about education failed on you, it is the way you articulate your thinking and your character. Not how powerful your language is. You are so typical like those educated person criticising people's language and whatnot when cannot win an argument. Maybe the word education just mean that to you. Go back and talk about mr ben la. How is the price? Why still stagnant? You should continue promote your idea and i promote mine. No need to be so emotionally disturbed when i condemn mr ben.
thank you BEN_168. I actually am sadly, negative about this stock's prospects also (holding at a loss), but what I cannot accept is his thuggish and repugnant behaviour, as if he is the only one qualified to give comments in this forum. if this is the product of a distinguished education and upbringing, i really have nothing else to say.
What gets up my nose is this self-proclaimed investment expert (Kuku) slating people who believe in the counter and continue to hold their investments. He asks if forum members have ever sat on the board of directors of listed companies, as if to say that he has! I am sure that a lot of us know more about corporate governance than this disgusting loud-mouth!
Why talk so much. Look at the share price. It is still there around 90 cents. Until then, you are still loser in mr ben. That is still a fact at the moment. Denial has not place in stock market. Again, no need to be so emotionally disturbed when i condemn mr ben.
Young boy still learning to grow up. you will be forgiven. be more decent in your words. In future, no need to argue points using the word "your mother".
Introducing MY's First IPO Fund for Sophisticated Investors!
MQ Chat
New Update. Discover investment communities that resonate with your ideas
MQ Trader
M & A Value Partners IPO Equity Fund has been launched - Targeted 13% Return p.a
Latest Videos
0:17
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 618 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 13464 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....
BEN_168
27 posts
Posted by BEN_168 > 2014-03-31 13:10 | Report Abuse
This kukuman is spoiler, he always give gugu comments on other stock also. Dat y his name is kuku, ignore him la.