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
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.
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.
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.
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.
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 ..
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.
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....
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...
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.
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."
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.
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
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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