dude.... those are jjwong's accounts... he just created multiple accounts... sad guy... his happyvincent account was to mock me for always going against his nonsense when his first account got suspended.
I would like to thank you taciturn for providing everyone with the extremely detailed fundamental analysis of Benalec. It truly shows your underlying understanding of not only the company but also the industry in general. Having invested since its IPO, I had been a little concerned with the entire management debacle and the drop in share price over the last 6-12 months, but your rationale and analysis has provided me with the conviction to stay with the company as an investment. Getting Tanjung Piai resolved with off-takers would seem to be the game changer for Benalec in the long run. Hopefully global sentiment will not affect this too badly.
I also want to add that I've read with much amusement and at times disgust, the ongoing comments of certain forum members (or member). I don't agree with and condemn any use of personal insults to try to bring home points in a discussion (which is what the forum was made for in the first place). So I'd also like to commend you on continually sticking your neck out to keep many of us informed about the ongoings of the company even with the derision from other contributors.
saw lots positive and negative comments here. Anyone can answer us how the next quarter will look like. Also why no news on bond issuing. Is it completed? Lastly, possible Jho Low links to Benalec as Benalec signed MOU with 1MDB.
Very interesting to know whether any link between Benalec with 1MDB because of MOU between Benalec and 1MY Strategic Oil Terminal. Possible Jho Low links to this deal because as far i am concern, this is only deals involving oil.
I asked my remisier but she asked me to avoid this stock because of corporate governance and lack of cash / funds? Any brothers / sisters / seniors can enlighten me?
so is Benalec also involved in such controversy deal? Who going to buy the lands from Benalec? Is the JV is to undertake to buy lands from Benalec? Any expert to clarify... PLS
Does it means that Tg Piai will be another white elephant?
Hmm, does the tone/subject matter of these postings sound as familiar to me as it does to anyone else on this forum? :p When a new user account starts screaming, 1MDB! 1MDB! It sounds like an echo of someone else.
Next up, there might be some statements blurted out against "Desmond Boey", the "COO of Benalec".
Oh and for the record, Jho Low is not a substantial shareholder in Benalec. Or if he does, the amount is small (less than 1%) based off the latest shareholder registries.
this is a lousy counter. all the disquiet started from the greedy guy. whoever bought the shares above RM1.20 can consider cutting loss.
obviously taciturn is well connected with some insider. why only feed him info but not announcing it to us during agm? taciturn say the company still has +- 500 acre of land. is this reported in any report? if not, why bursa never ask the company to explain?
ini macam kerja tukang urut batin ....urut sampai tegar, galak, terpancut pada 90 sen, kendur dan lembik the news only help the big guy to make a kill when the shares price shoot up to 90 sen.
ask any o&g analyst they will tell you that tg piai will be another white elephant chances to win is higher in betting 4d or genting than investing in this counter
Ah look, it's a troll. Probably one of those with banned accounts.
Yadda, yadda, yadda.
If you think Bursa should have an issue with Benalec, do us a favour. Unlike the spineless someone who accused me of insider trading and who claimed he would report me to the SC, why don't you do so?
Please, report to Bursa/SC. No point raising such questions here _IF_ you actually believe you have a point to make.
Cannot/Will not it? We all know why.
I love how he can claim "ask any o&g analyst", tanjung piai is to be another white elephant.
Do us a favour, tell us which analysts you spoke to? Which one has stated that?
Taciturn, you must be such a big trumpet, people supplied you insider information, and you revealed them in this forum ?
ahmadzul666,
that the company still has +- 500 acre of land constitutes an 'insider info'? Anyone who care to raise the question about the land size Benalec has in stock during AGM would receive an answer.
and I can't comprehend how this unreported info help the big guy to make a kill when the share price shoot to 90 sen
Hi guys stop challenging each others. It depends on at what price you brought the share.
Hi Ahmadzul.................. unsure why u so angry. Must wait for coming MOU with 1MY on oil and gas. If sign, i believe share price can reach RM2.00 and wont be white elephant.
Hi Taciturn......................stop challenging people to report to SC/Bursa because they will not entertain anonymous. You need to reveal your true name and identity so people can report instead challenging. You sound so emotional and unprofessional.
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) 11/12/2014 (Day 392) : 0.610 (King of spinner is back with long post again. beware! The more he talk, the price get lower) 16/12/2014 (Day 397) : 0.535 (New low) 23/12/2014 (Day 404) : 0.590 AGM AGM AGM. Spinner gives "live" updates in this forum about AGM. believe? After that post extra long comments. 06/01/2015 (Day 418) : 0.630 Price depressed for so long, but shameless king of spinner is still around promoting mr ben 22/01/2015 (Day 434) : 0.750 Someone complained I should track price based on lowest price 0.535! that's so deceiving! 23/01/2015 (Day 435) : 0.750 No DOE announcement. King of spinner caught lying again ! 26/01/2015 (Day 438) : 0.720 Thick skinned king of spinner still has the audacity to scold people after caught lying 28/01/2015 (Day 440) : 0.805 The market didn't give a damn to the doe approval news. 03/03/2015 (Day 474) : 0.830 DOE approval come and go. The market didn't give a damn to the doe approval news. Don't be taken for a ride by king of spinner
I am tracking this rubbish company share performance
Taciturn... so sorry ya. I think you too impulsive and full of hatred. For your information, Obama, Jokowi Bill Gates Warren Buffet also know me. Queen Elizabeth is my relative. United Nations Security Council work for me. All your words full of assumption and accusation. I personally think you bit funny person. I think you too patriotic until bit unsound.
other than Benalec, any good stocks. Quite new on share trading. I saw it dropped from RM1.40 to now. Good investments? How about Dialog? Pls share with me.
Did some Google after Taciturn and Vin mentioned on directors. I think the MD is doing the rite things for corporate side but quite cold heart for treating own brothers with litigation. Should just resolve if possible peacefully.
another troll which same species with kukuman jjwong where is born .. Once ppl challenging their stupidness statement , they normally will siam pusing to other topics.. kinda jokers..hahaaa
"We maintain our BUY call on Benalec Holdings with an unchanged fair value of RM1.25/share, pegged at a 45% discount to its sum-of-parts value."
Mana bolih pakai "sum-of-parts value" lg. Banyak tongkang tersadai / menganggur di pantai Melaka, Tongkang siape tu? Tak pernah dengar pon kompeni jual atau sewa tongkang. Shipyard ada pendapatan? Mana lagi "parts" yg lain? Bolih ke si bongsu ni mengurus bisnes tanpa abng adik dgn berkesan?
Marine construction company Benalec Holdings Bhd is close to inking two major deals for its land reclamation project off Tanjung Piai in Johor, which will translate into investments exceeding RM35 billion.
Land sale announcement by Benalec of 70.46 acres in Melaka to Arena Progresif Sdn Bhd.for RM128,907,979.20.
Salient details of the announcement:
1) The lands in question have been fully reclaimed. Only infrastructure and shore protection works need to be completed. 2) The payment schedule of the land sale is akin to the Jadex sale announce in December 2014. 3) Estimated net profit for this sale is RM33.56m. 4) Estimated date of completion for this sale is in the 1QCY16 (first quarter of calendar year 2016). For those that bothered to read my previous postings, this means that this sale will likely be booked for 3QFY16.
Am happy at this announcement.In terms of timelines, it's a pretty good follow up sale to the 59 acres sold to Jadex in December 2014.
Whilst I still do not think FY15 will be a fantastic year (although it will still be a profitable one), this will push FY16 to a fantastic year, especially if the entire Ultra Harmony deal is booked in FY16. If that is the case, it would push the net profit for FY16 over RM100m.
And this is not taking into account any activities on the Tanjung Piai front (of which I am still confident a deal would be made some time this calendar year).
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....
taciturn
476 posts
Posted by taciturn > 2015-02-25 14:13 | Report Abuse
Calling for all rational readers of this forum to report these postings for abuse.
Constant spamming (with different accounts) is annoying.