Please see the last 2 quarter result.Gross profit margin increase to 30 percent from 20 percent.Got 240 million revenue not yet recognized.The large losses due to impairment of assets of 22-26 millions for the last quarter.Impairment of plant,property and equipment 12 million last quarter.
The new prime minister from Johor.Lol.Hope good thing for Johor company.Benalec ripe for takeover.Some-more the 2 new projects in Johor got approval to start either joint ventures or stand alone.
If u buy 18-22 cents then is easier.In 6 month(best case scenario) and 24 month(worst case scenario) I'm sure will go above 30 cents.Please losses due to impairment (please see my post on 28/2/20)
Ben,sometimes nothing to worry.25 cents not a problem.Maybe need to wait.Ask urself this question do you believe on this company?U know Wht it drop from Rm 1.50 to now 12 cents.
25 cents it's 83 percent discount...Me 86-88 percent discount(16 cents worth rm 25k).Please nothing to worry.If bought above 60 cents it will take 2-3 years to reach.But above 30 cents will take 6 months(best case scenario).Some-more PM from Johor.Have feeling it will jumps to my target price.Stock will not drop forever.
Posted by Michael Kwok > Feb 28, 2020 9:36 PM | Report Abuse X
Please see the last 2 quarter result.Gross profit margin increase to 30 percent from 20 percent.Got 240 million revenue not yet recognized.The large losses due to impairment of assets of 22-26 millions for the last quarter.Impairment of plant,property and equipment 12 million last quarter.
Michael Kwok 1426 posts Posted by Michael Kwok > Feb 28, 2020 9:40 PM | Report Abuse X
Look like financial year 31 December 2020 should be on clean slate of health due to few years of impairment.Expect 10-20 million net profit.
Michael Kwok 1426 posts Posted by Michael Kwok > Feb 29, 2020 8:41 PM | Report Abuse X
The new prime minister from Johor.Lol.Hope good thing for Johor company.Benalec ripe for takeover.Some-more the 2 new projects in Johor got approval to start either joint ventures or stand alone.
Potential fund snapping up.NTA 66 cents but 11.5 cents.
Posted by Michael Kwok > Mar 3, 2020 4:51 PM | Report Abuse X Just wait.There are scaring all the buyers out.After that will boom....11.5 cent but NTA 66 cents.
Rm 25k.Not a small sum lah.But buy little bit higher 16 cents.i no fear because I price is 86-88 percent discount compare with its high of over rm 1.50.Please use head.
Ben,I already say its fall over rm 1.50(few years ago) till 16 cents(my cost to buy) already 88 percent discount.Urs 25 cent(83 percent discount from the high).Wht to scare.But u need to wait.
Posted by Michael Kwok > Mar 1, 2020 8:53 PM | Report Abuse X
If u buy 18-22 cents then is easier.In 6 month(best case scenario) and 24 month(worst case scenario) I'm sure will go above 30 cents.Please losses due to impairment (please see my post on 28/2/20)
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Posted by willpush > 2020-02-28 18:53 | Report Abuse
BENALEC HOLDING Consolidated results for the financial period ended 31 Dec 2019.
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3029463