If u glance through the 2018 AR, u will noticed a sudden appear of this guy by the name Daing A Malek. 2 top shareholders . U know this guy is buying private share last yr. at 25 sen/share for a total of 20m shares. For your infor. this guy is member of royal court of advisors to Johor sultan. So good things never wait for the slow to act loh!
When price dropped to 50 cent, some idiots said the same thing. Good opprotunity to investment. Now at 20 cent, the same story being spinned again that it is good opportunity to invest. Stupid as stupid does. Pity!
A lot of newbies including old timers ,do not know what business is Benalec doing. Let me tell u concisely abt this company . This company core business is land reclamation expertise, the only one in whole of Malaysia ,another word ' Monopoly Company '. Besides this ,its is doing marine engineering work like shore protection, build Jetty, soil consolidation ,dredging etc. Recently ,branch out to oil terminal storage services in Rapid refinery in Pengerang Johore. . Another word its also related to oil n gas . This augur well for this company, thus will boost up the profit. So buy while still cheap.
Yesterday volume increases, meaning I am coming. Investors now crazy after the O & G ctrs. Mind u Benalec also related to O&G . A neglected hidden gem to be ponder
Historical high was Rm !.6 now selling at 20.5 sen , a huge margin of safety . Every financial year making money, Don't be misled by Current Quarterly report result cos revenue is seasonal meaning revenue is not recognize yet. Revenue is only recognize after S & P is signed. For your info. ready reclamation lands worth abt Rm 250m waiting to be sell mostly in Malacca. Some lands waiting for S & P to sign. Hence huge profit is coming in the next quarter financial report.
I noticed last week, there was a sudden increases in volumes ,this could be the insiders/professionals accumulating. Meaning breakout can occurs any time . So don't miss this great opportunity.
believe me... this is a farking 'con'pany where brothers are suing each other....one wants it up the other wants it down.... stay clear otherwise the down brother always wins....
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tah16600
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Posted by tah16600 > 2019-02-15 10:30 | Report Abuse
If u glance through the 2018 AR, u will noticed a sudden appear of this guy by the name Daing A Malek. 2 top shareholders . U know this guy is buying private share last yr. at 25 sen/share for a total of 20m shares. For your infor. this guy is member of royal court of advisors to Johor sultan. So good things never wait for the slow to act loh!