BENALEC HOLDINGS BERHAD

KLSE (MYR): BENALEC (5190)

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Last Price

0.13

Today's Change

+0.005 (4.00%)

Day's Change

0.13 - 0.135

Trading Volume

542,300


46 people like this.

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

BrahmaBull

163 posts

Posted by BrahmaBull > 2017-03-20 23:20 | Report Abuse

Tomorrow will start new wave OR drop to 0.500, last drop at 0.500, don't think it will drop more then that..new wave is near

BrahmaBull

163 posts

Posted by BrahmaBull > 2017-03-20 23:22 | Report Abuse

Last time i bought at 0.450 and sell at 0.575..now im ready for 2nd entry

ICON3333

58 posts

Posted by ICON3333 > 2017-03-21 01:06 | Report Abuse

No need so hurry to buy back la Market over heat with huge volume start from 3 B to toady 6 B some stock are start falling from peak and overbrought with bearish divergence , waiting for sell signal to be triggered , expect huge correction on its way !!!!

Posted by philiptia98 > 2017-03-21 11:39 | Report Abuse

huge buying volume . price shock up to 0.54 liao

BrahmaBull

163 posts

Posted by BrahmaBull > 2017-03-21 12:54 | Report Abuse

watch REDTONE to, ready for opportunity

Posted by ahmadlimteoh > 2017-03-21 16:00 | Report Abuse

How good if we can have a shadow director to teach us when to sell big chunk of shares at the right timing

dusti

2,404 posts

Posted by dusti > 2017-03-21 21:45 | Report Abuse

Very good volume

vxpoison

1,906 posts

Posted by vxpoison > 2017-03-22 00:17 | Report Abuse

t4 still above 520..... another uptrend starting tomorrow.

air01557

2,511 posts

Posted by air01557 > 2017-03-22 15:32 | Report Abuse

on 10/3/17 there was an article stating "Benalec limit up" but sadly after that it has been coming down - all the way down. Read today's STAR - this is a typical example of a "pump and dump" counter.

BrahmaBull

163 posts

Posted by BrahmaBull > 2017-03-22 17:37 | Report Abuse

it's not 'pump and dump' counter, it just doing a retracement, if you know how to use 'fibonacci retracement level' on chart you know what im talking about, what do you expect on this counter or any other counters? everyday fly high without retracement? like that?

PenguinDad

1,729 posts

Posted by PenguinDad > 2017-03-23 08:25 | Report Abuse

impulse and retrace....!!!

Posted by luckyeveryday > 2017-03-23 16:55 | Report Abuse

looks like 'accumulation' phrase. Good!!!

Posted by qiqimon5566 > 2017-03-23 17:28 | Report Abuse

coming back soon...

Posted by luckyeveryday > 2017-03-24 11:37 | Report Abuse

MOVING !!!

CW_Tan

52 posts

Posted by CW_Tan > 2017-03-24 11:55 | Report Abuse

All Bros,actually what topic on this Ben for goreng?

Posted by qiqimon5566 > 2017-03-24 13:02 | Report Abuse

Break new high later...

Posted by klsefighter > 2017-03-24 15:16 | Report Abuse

Seems like lost power ler , how to break new high ??

BrahmaBull

163 posts

Posted by BrahmaBull > 2017-03-24 16:28 | Report Abuse

Be patience..to many small fish play intra, let them eat small, big shark still hold and aim big..give it 2-3 weeks to break new high

Bently

35 posts

Posted by Bently > 2017-03-24 17:32 | Report Abuse

retracing means someone is making money. similar to ejaculation: make sure you are the one enjoying the pleasure, not the one wiping the floor.

Bluey

349 posts

Posted by Bluey > 2017-03-27 15:29 | Report Abuse

Dormant for awhile. Maybe gathering momentum for a rocket launch? I thot Ben wd be like IWcityetc etch. Coming soon?

Posted by klsefighter > 2017-03-27 15:52 | Report Abuse

Rocket lost power no momentum at all ... Sigh!

dusti

2,404 posts

Posted by dusti > 2017-03-28 12:20 | Report Abuse

Many small investors had their OOs squeezed! Hope for simple opportunity!

Josephine Ong

1,001 posts

Posted by Josephine Ong > 2017-03-28 16:18 | Report Abuse

lai liaooooooooooooooooo

Posted by Vincent Tan Peng Seng > 2017-03-28 17:26 | Report Abuse

director disposed near 6% of total shares on 13th march, no issue?

Posted by klsefighter > 2017-03-28 18:16 | Report Abuse

Disposed 6% for someone good in goreng to goreng up the price. In that way director will make more .. Kikiki!

limlw

85 posts

Posted by limlw > 2017-03-29 11:27 | Report Abuse

bought at 0.535

Henry Chan

639 posts

Posted by Henry Chan > 2017-03-29 11:48 | Report Abuse

still stuck at 1.40 lol

Posted by klsefighter > 2017-03-29 14:33 | Report Abuse

Up down up down dun know what the hell is the operator doing ... Accumulating or distributing ??? Anybody got any idea ?

Posted by klsefighter > 2017-03-30 11:41 | Report Abuse

Today volume extremely small... Why ?

PenguinDad

1,729 posts

Posted by PenguinDad > 2017-03-30 13:44 | Report Abuse

Something or somebody is coming?

BrahmaBull

163 posts

Posted by BrahmaBull > 2017-03-31 17:08 | Report Abuse

today IWCITY, REDTONE, DBHD all UP! BENALEC UP also! don't miss the boat! wohoo!

Posted by Saham Trader > 2017-03-31 19:37 | Report Abuse

i am watching this counter. should be high very very soon

vxpoison

1,906 posts

Posted by vxpoison > 2017-04-01 02:16 | Report Abuse

Buy..... Reversal spotted.

KedahMalay

573 posts

Posted by KedahMalay > 2017-04-01 13:09 | Report Abuse

$$$

Hunger

1,292 posts

Posted by Hunger > 2017-04-02 18:27 | Report Abuse

Hmm..everyone seems confident ar.no news no nothing.depends on speculations only?

sherlock

306 posts

Posted by sherlock > 2017-04-02 22:03 | Report Abuse

asset rich company.if we calculated benalec's assets one by one(excluded fixed asset):

390 acre landbank(melaka)=assume RM30 psf,should worth RM509m.

19 shop lots(melaka)=assume RM250 psf,should worth RM46.72m

300 acre lanbank to be reclaim(melaka)=assume RM30 psf,should worth RM392m

*2334 acre(tanjung piai,to be reclaim in 10-15 year)=assume RM30 psf,should worth RM3.05billion.
with 20% margin,benalec should earn RM600m profit or asset worth.

*1122 acre(pengerang,to be reclaim in 10 year)=assume RM50 psf(land price in pengerang is much higher),should worth RM 2.44billion.
with 20% margin,benalec should earn RM488m profit or asset worth.

*67% of total reclaimed acre,which is after deduct 21% interest own by Crown Prince of johor,Tunku Ismail Idris,9% own by Daing A Malek and 3% own by johor government.

RM509m
+ RM392m
+ RM46.72m
+ RM600m
+ RM488m
=RM2.035billion

my conclusion:benalec is an very valuable company,if you decide to buy at current price,then you should not sell it with 20-30% return,cos at RM2.035b.SOP of its reclaimation business alone should worth RM2.5 per share.if we add on other valuable asset like 93 vessel fleet,business value,shipyard etc,SOP might be above RM3.

the major risk is,benalec had to pump in billions of capital into tanjung piai and pengerang project's project for next 10-15year.so if they not able to find suitable investor for reclaimed land,then cash flow be tight in long term.

however,due to benalec only sell at 54cen,risk to reward is very attractive.with downside of only 20-25% and upside of few hundred %.

personally,i wil only buy when benalec break 62.5cen,which is the major resistance to curb further rally.

dusti

2,404 posts

Posted by dusti > 2017-04-03 10:14 | Report Abuse

Buy@56, make more

Posted by 稻田·* 片片绿青~粒粒芳香 > 2017-04-03 10:16 | Report Abuse

added to watch list for action if DD comply.

bleuerouge

3,221 posts

Posted by bleuerouge > 2017-04-03 11:07 | Report Abuse

yes, it's going up...

bleuerouge

3,221 posts

Posted by bleuerouge > 2017-04-03 11:28 | Report Abuse

60c today possible?

Posted by 稻田·* 片片绿青~粒粒芳香 > 2017-04-03 11:29 | Report Abuse

Not ready yet.... bcoz I nt yet buy... I pray hard they wait for me

tewnama

4,251 posts

Posted by tewnama > 2017-04-03 11:31 | Report Abuse

ini saham ok tak? abang kukuman mana pigi dah

Posted by Mudamuda Remaja Mudamuda > 2017-04-03 13:08 | Report Abuse

ok

Posted by RobertKoo > 2017-04-03 17:33 | Report Abuse

tanya encik taciturn mana abang kukuman dia pergi....lol

bleuerouge

3,221 posts

Posted by bleuerouge > 2017-04-04 10:01 | Report Abuse

on your mark, get set....

Posted by luckyeveryday > 2017-04-04 10:59 | Report Abuse

moving moving moving

Posted by luckyeveryday > 2017-04-04 14:56 | Report Abuse

moving again?

Kukuman

2,118 posts

Posted by Kukuman > 2017-04-04 15:51 | Report Abuse

So now this stupid company has turned good?

PenguinDad

1,729 posts

Posted by PenguinDad > 2017-04-04 16:34 | Report Abuse

Cash and asset rich. See qtr report and you know.

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