BENALEC HOLDINGS BERHAD

KLSE (MYR): BENALEC (5190)

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Last Price

0.135

Today's Change

+0.005 (3.85%)

Day's Change

0.13 - 0.135

Trading Volume

290,000


46 people like this.

13,785 comment(s). Last comment by MrXYZ 1 week ago

Posted by Tan Yi Hao > 2014-11-29 12:17 | Report Abuse

If we take a longer view of the market, anyone including kids can be right at a certain point in time of the price movement. With the current state of market when many counters linger around multi year low, it is doomsayers' stage for now

sunbird

74 posts

Posted by sunbird > 2014-11-29 17:17 | Report Abuse

Ben is not the problem if u look at the reclamation map, its the large island being formed for the housing. Its far too close to the sing security fence. I've been down there. Don't blame the sings.

ymtan

621 posts

Posted by ymtan > 2014-12-01 09:53 | Report Abuse

Zzz.. history lowest ..

Kukuman

2,118 posts

Posted by Kukuman > 2014-12-01 10:32 | Report Abuse

70 now. Hope u happy with your theory. 60c. Anyone?

666666

21 posts

Posted by 666666 > 2014-12-01 10:55 | Report Abuse

can't deny this is a rubbish stock.

happyvic

228 posts

Posted by happyvic > 2014-12-01 11:24 | Report Abuse

Lets ask paul the octopus.. hahaha

koyokui

1,921 posts

Posted by koyokui > 2014-12-01 11:49 | Report Abuse

buy shipping company.looks like to benefit from drop of oil.misc also strong today

rizerlee

752 posts

Posted by rizerlee > 2014-12-01 12:24 | Report Abuse

looks like Johor will postpone again ?

Kukuman

2,118 posts

Posted by Kukuman > 2014-12-01 12:54 | Report Abuse

ask the king of spinner taciturn and his or her gang. 69 now

kenix

34 posts

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

issshhh...just bought in @ 0.79 last week ...rugi siao

Kukuman

2,118 posts

Posted by Kukuman > 2014-12-01 16:18 | Report Abuse

Most stocks dropped including those good one. But to buy rubbish stock like this one and get stuck?! Of all the stocks but this one

rizerlee

752 posts

Posted by rizerlee > 2014-12-01 21:20 | Report Abuse

maybe u shud share your phone number here
and once market rebounce we can give u a message or call

Kukuman

2,118 posts

Posted by Kukuman > 2014-12-02 00:22 | Report Abuse

Posted by Kukuman > Jun 17, 2014 09:35 AM
Let's put it into another chart to see a more realistic stock performance.
13/11/2013 (Day 001) : 1.120
25/03/2014 (Day 131) : 0.920
28/03/2014 (Day 134) : 0.900
01/04/2014 (Day 138) : 0.890
03/04/2014 (Day 140) : 0.885
04/04/2014 (Day 141) : 0.905
08/04/2014 (Day 145) : 0.895
10/04/2014 (Day 147) : 0.895
14/04/2014 (Day 151) : 0.895
17/04/2014 (Day 154) : 0.900
23/04/2014 (Day 160) : 0.935
30/04/2014 (Day 167) : 0.900
05/05/2014 (Day 172) : 0.895
06/05/2014 (Day 173) : 0.940
16/06/2014 (Day 214) : 1.120
26/06/2014 (Day 224) : 1.140
09/07/2014 (Day 237) : 1.090 (Spin doctors said price will go up after EGM. Don't get conned!)
30/07/2014 (Day 258) : 1.090
01/08/2014 (Day 260) : 1.050 (Some cock here claimed holding for long. Don't get conned! Only good for contra player here)
05/08/2014 (Day 264) : 1.050
07/08/2014 (Day 266) : 1.050 (Spin doctors still claimed hold many. typical bull story)
11/08/2014 (Day 270) : 1.020
13/08/2014 (Day 272) : 1.000 (Spinner said after EGM, price will go up. when?)
22/08/2014 (Day 281) : 0.990 (So sad. one by one, innocent investor come out telling they had bought high after taken-in by spinner's story)
26/08/2014 (Day 285) : 0.925 (Spinner now said this is an Extra Long term stock. Extra Long?)
29/08/2014 (Day 288) : 0.920
12/09/2014 (Day 302) : 0.925 (Spinner said he is FULLY invested in mr ben)
22/09/2014 (Day 312) : 0.920 (Spinner said bond issue is good. what a spin!)
07/10/2014 (Day 327) : 0.875
17/10/2014 (Day 337) : 0.810 (The old spinner retired. Now come a new one)
24/10/2014 (Day 344) : 0.850 (coming to full year of 365 days)
18/11/2014 (Day 369) : 0.800 (spinner is back promoting new story. beware!)
26/11/2014 (Day 377) : 0.740 (New low)
01/12/2014 (Day 382) : 0.665 (New low. FULLY invested spinner in mr ben is either bleeding or give up his spin story)

I am tracking this rubbish company share performance.

petvnla

181 posts

Posted by petvnla > 2014-12-02 09:11 | Report Abuse

why keep on reminding people of the buyback?

rizerlee

752 posts

Posted by rizerlee > 2014-12-02 12:11 | Report Abuse

haha...
maybe he want ppl to gain confidence.

btw , Benalec next boost is the possible award of STP2.
Tg Piai reclamation is full of uncertain due to singapore government's concern and also crude oil crisis.

rizerlee

752 posts

Posted by rizerlee > 2014-12-02 12:28 | Report Abuse

another 9 day to 11th Dec.
anyone have insider news regarding EIA or Work & Sales with 1MYSOT ?

happyvic

228 posts

Posted by happyvic > 2014-12-02 14:28 | Report Abuse

Haha, keep posting old news. I'm trying to but at 67.5 cents which is higher than market price now. But no one selling??? I'm guessing drop is temporary and someone controlling it doesn't want to sell this low.

Vin Tan

147 posts

Posted by Vin Tan > 2014-12-02 15:18 | Report Abuse

time to bottom fish ?

happyvic

228 posts

Posted by happyvic > 2014-12-02 17:08 | Report Abuse

yeah got some and it went up.. gogogo!

ymtan

621 posts

Posted by ymtan > 2014-12-02 17:37 | Report Abuse

The main catalyst for benalec share price to boost up will eye on EIA approval at tanjung pial thousand arce land reclamation project ... If the 11 Dec dateline is delayed again , 3rd time if I'm not mistake .. then will keep in fridge again. . Well , pengerang project will be going to start by next year no matter how ..

ykloh

514 posts

Posted by ykloh > 2014-12-02 17:45 | Report Abuse

The fall over the last few sessions may be due to speculation over projects one of which is near Singapore and the other the petroleum hub. The first one may be reduced in size in the light of Singapore's objection. The 2nd one may be delayed as Petronas has announced a capex cut for next year. They should not affect Benalec in 2015 and 2016.

staind86

291 posts

Posted by staind86 > 2014-12-02 18:56 | Report Abuse

There is announcement on land disposal. Around 100mils.

Posted by Tan Yi Hao > 2014-12-02 19:42 | Report Abuse

will net in about 27mils after tax for the land disposal just announced

powerwk

1,690 posts

Posted by powerwk > 2014-12-03 01:16 | Report Abuse

Guys, just curious anyone have any idea what the NTA for Benalec? Once you know it then you probably able to make some wise decision if the current price for Benalec is good to grab some or wait further :-) Good luck....

rizerlee

752 posts

Posted by rizerlee > 2014-12-03 08:27 | Report Abuse

Benalec sold another land at Melaka for 107m

Stockman

684 posts

Posted by Stockman > 2014-12-03 08:28 | Report Abuse

Hope good dividend for Benalec investors

happyvic

228 posts

Posted by happyvic > 2014-12-03 10:08 | Report Abuse

Yeah, share the monies!

The recent dip is due to drop in oil price. Everyone is afraid to lose so they are dumping shares. But I feel that lower oil price would benefit non oil & gas drilling companies (lower cost of petroleum products)

After this oil issue stabilizes (which it eventually will) market should be back to normal. Grab while you can. not just benalec but other companies like Sapura kencana which has already dropped so much...

This is my take on this issue

Helena

169 posts

Posted by Helena > 2014-12-03 10:34 | Report Abuse

dividend this year very low ~ EIA approval for tanjung piai looks like very slim le ..

xncziyi44

124 posts

Posted by xncziyi44 > 2014-12-03 10:55 | Report Abuse

better outlook actually low oil price lower input costs ofcouse oil gas companies less job out a part of ben job scope.investment relation should improve to promote only co. that create landbank.

Vin Tan

147 posts

Posted by Vin Tan > 2014-12-03 11:08 | Report Abuse

Mr Ben has proposed share buy back." Based on the latest audited financial statements for the financial year ended 30 June 2014, the company shall allocate an amount not exceeding RM 181,018,969 for the Proposed Renewer, comprising of retained profits and share premium account of Benalec of approximately RM 23,759,181 and RM 157,259,788 respectively."

rizerlee

752 posts

Posted by rizerlee > 2014-12-03 11:43 | Report Abuse

Don't need to worry as long as company operate nicely
The rest of project (tg piai) is a boost to share price .

They are selling land to secure money + new bond
Maybe something happening and management need money to start the project

rizerlee

752 posts

Posted by rizerlee > 2014-12-03 11:45 | Report Abuse

Wish they get STP2

e&o will finalise contractor list by dec and tender at 1H2025

Posted by Serenitynow > 2014-12-03 14:21 | Report Abuse

Hi, news yesterday said E&O may be looking for foreign contractor to do the reclamation work, don't know how much change benalec has in bidding this job.

samsung555

478 posts

Posted by samsung555 > 2014-12-03 14:38 | Report Abuse

E&O to kick off reclamation for STP 2
http://www.nst.com.my/node/58224

rizerlee

752 posts

Posted by rizerlee > 2014-12-03 18:01 | Report Abuse

cost of 3 Billion.
Does Benalec have it ?

Aiks , they need to impose more land and more bond.

rizerlee

752 posts

Posted by rizerlee > 2014-12-03 18:03 | Report Abuse

the Foreign Contractor most likely from China.

Btw , if Benalec didn't have funding to trigger E&O's STP2
they will facing same issue to kick start for Tg Piai

rizerlee

752 posts

Posted by rizerlee > 2014-12-03 18:04 | Report Abuse

Dispose*

Posted by shareprofit > 2014-12-03 23:53 | Report Abuse

impressive price target by analysts...joke of the day, as if selling assets will make a company grow.

almufathal

1,360 posts

Posted by almufathal > 2014-12-04 00:08 | Report Abuse

memang nature company ni buat bisnes land reclaim kot...bengong la

ykloh

514 posts

Posted by ykloh > 2014-12-04 00:20 | Report Abuse

in the case of benalec, reclaimed land is more like a product made to be sold, not fixed assets.

rizerlee

752 posts

Posted by rizerlee > 2014-12-04 07:29 | Report Abuse

Ya . Reclaim land for sale is their business

Stockman

684 posts

Posted by Stockman > 2014-12-04 08:52 | Report Abuse

Good business lol

almufathal

1,360 posts

Posted by almufathal > 2014-12-04 09:14 | Report Abuse

kih kih kih kih...shareprofit sudah marahhhhhhh

rizerlee

752 posts

Posted by rizerlee > 2014-12-04 09:18 | Report Abuse

we are opinion and knowledge sharing
dont so serious

haha

Vin Tan

147 posts

Posted by Vin Tan > 2014-12-04 15:19 | Report Abuse

Right, this forum is for sharing and exchanging of knowledge, info and opinion whether they are pro's or con's . We grow as we learn.

Ah Ha

905 posts

Posted by Ah Ha > 2014-12-04 17:16 | Report Abuse

what happen? why good news still share come down? is it some big boss push down and correct again?

paulthesotong

2,717 posts

Posted by paulthesotong > 2014-12-04 20:55 | Report Abuse

Home of Ayatollah I RAN . New 800m shares issue.

Kukuman

2,118 posts

Posted by Kukuman > 2014-12-04 23:25 | Report Abuse

Jjwong, didnt i say this is a rubbish company many months ago. 60 c is coming. The king of spinner must be feeling the heat as he is fully invested in this rubbish company

ykloh

514 posts

Posted by ykloh > 2014-12-05 11:27 | Report Abuse

1 director is paid between RM7.5m to RM8m. The total dividend to be paid to all shareholders is about RM2.5m. This is absurd!

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