Posted by kukuuman > 2014-05-06 16:09 | Report Abuse

What liar? childish. It does feel good, right, after so long finally the price go up now. you are like young boy that has been deprived of sex for many months and suddenly you are given a viagra. Make no mistake. This is a rubbish company. Price go up now does not mean it has now become a good company!

Posted by tshwong > 2014-05-06 16:10 | Report Abuse

Still dirt cheap at current price. Remember this is just the beginning of the rise, not the end. Don't let go too soon, hang on till year end, you'll see the big $.

Posted by zack_liza > 2014-05-06 16:11 | Report Abuse

WOW FANTASTIC...TOMORROW BEN10 CONTINUE UP TREND AFTER BREAKOUT 0.95 TODAY...NEXT RESISTANCE 0.98 TO 1.02 BEFORE FLYING AGAIN TO REACH 1.10...MAX TP 1.30 FOR THIS YEAR...

Posted by ymtan > 2014-05-06 16:13 | Report Abuse

something is brewing ..?? sudden lots ppl buy at 0.95

Posted by kukuuman > 2014-05-06 16:23 | Report Abuse

I hope the self-professed long term investor of mr ben will buying in more today and is not selling quietly today.

Posted by taciturn > 2014-05-06 16:24 | Report Abuse

Quote:

Kukuman said, "tinyvestor, tough for mr ben. the ousted brother directors will not sit still doing nothing. they too need to make a living to survive through one way or another. There is always back door dealing. ""

Asked to elaborate/show proof, he refused/cannot. Thus _LIAR_.

Totally kecut, no?

Posted by tshwong > 2014-05-06 16:29 | Report Abuse

I think his skin of face must be 'bullet-proof'. One of the kind on earth.

Posted by tshwong > 2014-05-06 16:34 | Report Abuse

Those who listened to kuku's advice, ended up same like him, empty pocket & walking without pant.

Posted by crawler > 2014-05-06 16:34 | Report Abuse

so where is the rubbish tracker :) TA my ass

Posted by kukuuman > 2014-05-06 16:47 | Report Abuse

Some of those happily screaming now are those talking about this stock 6 months ago around nov/dec 2013 when the price is above 1 and had continuously ask people to buy. Ofcourse, these so-called long term investors claimed to have bought at very low price. beware! Contra play, by all means. Long term, but think twice.

Posted by sl_goh > 2014-05-06 16:56 | Report Abuse

Suit them right if those who didnt buy more to average down when the price was down. Probably because they had listened to you not to buy more...

Posted by taciturn > 2014-05-06 16:58 | Report Abuse

lying troll: Eh, name names lah. Who are you talking about?

And I note yet again you've avoided answering my question. Do elaborate/show proof that brothers are still doing back door dealing.

Posted by kukuuman > 2014-05-06 17:04 | Report Abuse

goh, if they have really listened to me that means they will not get stuck for months. what for buy more to average down for a rubbish company like this? the money could have better utilise in other stocks. from dec2013 to apr2014, many stocks have doubled their share price. let this company repairs their reputation and image first before considering invest in it for long term.

Posted by kukuuman > 2014-05-06 17:07 | Report Abuse

Posted by Kukuman > Mar 19, 2014 05:38 PM | Report Abuse Let mark today. Now 0.92 cent. Let see when you will gloat. (Day 1)
21/3/2014 (Day 3) : 0.935
25/3/2014 (Day 7) : 0.920
26/3/2014 (Day 8) : 0.920
27/3/2014 (Day 9) : 0.900
28/3/2014 (Day 10) : 0.900
01/4/2014 (Day 14) : 0.890
02/4/2014 (Day 15) : 0.890
03/4/2014 (Day 16) : 0.885
04/4/2014 (Day 17) : 0.905
08/4/2014 (Day 19) : 0.895
10/4/2014 (Day 21) : 0.895
14/4/2014 (Day 25) : 0.895
15/4/2014 (Day 26) : 0.900
16/4/2014 (Day 27) : 0.900
17/4/2014 (Day 28) : 0.900
22/4/2014 (Day 33) : 0.910
23/4/2014 (Day 34) : 0.935 (That is up 1.5 cent in 34 days!)
30/4/2014 (Day 41) : 0.900
05/5/2014 (Day 46) : 0.895
06/5/2014 (Day 47) : 0.940 (That is up 2 cents in 47 days!)

I am tracking this rubbish company share performance.

Posted by taciturn > 2014-05-06 17:10 | Report Abuse

Ah looks like the lying troll is ignoring me. I must have scared him to the point where he kecut-ed until he dare not respond to any of my points anymore.

Oh well, ho-hum back to the daily grind.

Posted by erkongseng > 2014-05-06 17:44 | Report Abuse

0.945 进场.

Posted by taciturn > 2014-05-06 18:21 | Report Abuse

Benalec did a share buyback today of 3,000,000 shares at an average of 94.13 cents each.

Total number of treasury shares after the buyback is 4,599,900.

http://www.bursamalaysia.com/market/listed-companies/company-announcements/1615341

Posted by SavvyOne > 2014-05-06 18:34 | Report Abuse

I have been told that a couple of big boys have started to collect Benalec shares from the market. These guys are not stupid like kukuman is. Btw, the share buy-back has apparently taken place because the company is flushed with cash and the management reckons that at this price level, the company is grossly under-valued. All you good people out there (excluding kukuman), enjoy the ride.

Posted by tshwong > 2014-05-06 18:39 | Report Abuse

The company has started to buy back its share aggressively, 3 millions share at 0.95, the highest. Are the company knowing something which normal retail investors don't know? When the company continue to buy back its share up to 10% of its total share, it'll definitely being too late for the retail investors to play catch-up. Are the company knowing something big is brewing? Let the time tell us about it SOON.

Posted by Stockman > 2014-05-06 18:47 | Report Abuse

Stock buy back is an indicator that the company has high confident here

Posted by tshwong > 2014-05-06 18:48 | Report Abuse

When the Tanjung Piai's deal is seal soon, RM2++ is his fair value. We'll know it in year 2014. This gem is set to shine.

Posted by rlch > 2014-05-06 21:05 | Report Abuse

Benalec, time to show power of shares buyback. Please continue shares buyback until above RM1.

Posted by powerwk > 2014-05-06 21:43 | Report Abuse

We can be more confident when the share price continue to move North in next couple of days. I'm not expected a drastic price change.... but one or two cents up or more is a solid good sign to accumulate more.

Posted by kennychoong > 2014-05-07 01:13 | Report Abuse

wct ytl power mbmr share buy back more than 1 year all go to Holland so buy more mgby

Posted by JT5774 > 2014-05-07 07:35 | Report Abuse

Good Morning, Benalec Investors, Happy Trading! Let hope the price will continue to climb up to above 1.00+ today.

Posted by rlch > 2014-05-07 07:36 | Report Abuse

Benalec is still a laggard among the hot stocks in i3 which has moved 100% from year lowest. Time to move?

Posted by JT5774 > 2014-05-07 08:22 | Report Abuse

The quarter results @ 31/3/2014 will be out by end of this month. Based on yesterday price up could be due to more good set of results. That's my opinion. Happy Trading!

Posted by cheaterecoworld > 2014-05-07 09:11 | Report Abuse

my prediction tell me this will up good luck.

Posted by Gusen > 2014-05-07 09:17 | Report Abuse

brought @ 0.950

Posted by zack_liza > 2014-05-07 09:20 | Report Abuse

strong buyer at 0.95...so,sure today benalac easy to reach 0.98 to 1.00 if break high yesterday 0.96...

Posted by Yuming > 2014-05-07 09:33 | Report Abuse

is right time to go in, huat ah Mr ben

Posted by samsung555 > 2014-05-07 09:35 | Report Abuse

kennychoong KNM also share buy back 2 year ago from RM2++ but now how.......

Posted by zack_liza > 2014-05-07 09:38 | Report Abuse

wow...0.96.....testing can break at 0.96 or not...

Posted by zack_liza > 2014-05-07 09:43 | Report Abuse

8 mil shares traded just within 40 minutes...so anytime can touch 0.98 to 1.00 by today...wait & see..

Posted by 8u29song > 2014-05-07 09:50 | Report Abuse

managed to withdraw sell order at 0.96. now q sell at 0.985/0.99.
my cost is 0.900. need to realise some profit and to support when pull back!

Posted by nugget > 2014-05-07 09:52 | Report Abuse

Announcing special tax exempt dividend?

Posted by 8u29song > 2014-05-07 09:53 | Report Abuse

predict hot show wd be after 11.30 and after 4.15pm....
just opinion.

Posted by 8u29song > 2014-05-07 09:54 | Report Abuse

opps, how come i'm so sure will realised profit ???

Posted by small_investor > 2014-05-07 09:55 | Report Abuse

i think there is bigger news then the boon siew deal..

Posted by jenabchen123 > 2014-05-07 10:05 | Report Abuse

Can you ignore Ah Ben??? Hu hu hu, you may miss the boat....... All aboard! Fasten your seatbelt!

Posted by jenabchen123 > 2014-05-07 10:10 | Report Abuse

Collectors are coming and they paid 0.96 selling offer. Good sign.

Posted by jenabchen123 > 2014-05-07 10:13 | Report Abuse

Today Syiok tengok Ah Ben keeps blinking.

Posted by jn69 > 2014-05-07 10:22 | Report Abuse

Another Great announcement will be on its way soon. Today will definitely break 1.0

Posted by Muarmali > 2014-05-07 10:32 | Report Abuse

After the sudden surge, many punters pop up from nowhere roam around in this blog with their hands holding all kind of crystal balls. :)))))

Posted by jenabchen123 > 2014-05-07 10:44 | Report Abuse

The more the merrier! Huat arrrrghhhhhh!!!!

Posted by Jasonshteh > 2014-05-07 10:47 | Report Abuse

break 1.0? no energy lah

Posted by Jasonshteh > 2014-05-07 11:38 | Report Abuse

what is the good news ?

Posted by small_investor > 2014-05-07 11:38 | Report Abuse

strong buying happening now.. what good news anyone know ?? share pls

Posted by up_up_up > 2014-05-07 12:30 | Report Abuse

CIMB doesn't seems to like Uncle Ben? They always come out with sell call after good news announced.

Benalec Holdings - Melaka is not the game changer
Target RM0.90 (Stock Rating: REDUCE)

Securing the RM203m land reclamation contract in Melaka was positive for Benalec as this stabilises its earnings beyond FY14, compensating for the delay in the signing of the 1,000-acre Tanjung Piai project in Iskandar. But investors are unlikely to view the new Melaka job as the game changer as its turnaround has always hinged on the revival of the massive oil & gas-related land reclamation prospects in Iskandar. We maintain our EPS forecasts, Reduce call and target price - pegged to an unchanged 50% discount to RNAV. There are still risks of delay for the Tanjung Piai deal, in our view. Switch to Muhibbah Engineering for exposure to oil & gas infra and the RAPID project.

What Happened
Secures a reclamation contract in Melaka. Benalec was awarded a 415-acre, RM203m land reclamation project in Melaka.

What We Think
New contract stabilises earnings beyond FY14, but is not the game changer. This award is not overly surprising as it is in line with management's strategy of securing new cash reclamation contracts in Melaka. Nonetheless, this is positive for Benalec as it ensures a stable earnings stream beyond FY14, and compensates for the delay in the 1,000-acre Tanjung Piai reclamation project in Iskandar, Johor - based on our original timeline, this project should start contributing from 2H14 onwards. The RM203m new contract will yield a pretax margin of c.20%, lower than the historical land reclamation margin of c.30% due to rising costs and soil factors. The estimated net profit of RM15m-20m p.a. is broadly in line with our existing new job assumption for FY15-16. We reiterate that the game changer for Benalec continues to be a revival of the long-awaited massive Tanjung Piai deal. Our checks with management indicated that negotiations have gradually picked up in the last few months but we feel that there are still uncertainties over meeting the targeted signing of the sale and purchase agreement (SPA) by Jun. The next step is the submission of the environmental impact assessment (EIA) which should take three months to be reviewed.

What You Should Do
Sell on strength. We do not expect this news to trigger a major re-rating for the stock. We foresee a sustained overhang on the share price, pending greater visibility and conviction on the prospects of the Tanjung Piai deal.

Posted by taciturn > 2014-05-07 12:48 | Report Abuse

up_up_up: CIMB does have a valid point, everyone is banging on the company getting the detailed EIA for Tanjung Piai & Pengerang approved.

Thus far it hasn't been a rosy path for approval. There's been a lot of back and forth between Benalec, their consultants and the Department of Environment.

Some analysts (especially Affin) think that they have the approval virtually in hand. Others like CIMB disagree.

Lots of pros and cons on the issue, depending on who you believe.

Of course if/when they do receive the approval for the EIA then everything changes. :p