Wait for job losses Companies are giving unpiad leaves means no money for the employee. Non-performing loans Houses going on auction due to loans not serviced Property market crash.
I'm not newbie.Newbie scare when big downturn.Newbie would not buy stocks when big downturn happen.Oversold with big downturn when I bought.Not I bought overbought with big upturn.There different.Some-more 66 cents NTA.Maybe I bought at substantial higher price at 16 cents.I no comment.
loss of 56% still can run now, many stks alrdy down 60-70%, with salvaged cash, can make back loss later , once global finacial tsunami over by yr-end hopefully,when drop to 80-90%, is too late...
Now that things are at standstill Netx has 2 advantages
1) NFCP being National Telecommunication will still go on as planned while others stop work
2) Netx Rm34 Millions Cash in Bank will be still earning interest
(Johnchew Zelan on the other hand will have Rm500 Billions debt bomb piling up interest. Shootup Benalec stopped work but Directors will still siphon off another Rm8 millions fees)
The guy must be stupid.I already say wait for 6 month the price will be almost the same(maybe 80-90 percent) for those bought above 10 cents.people sell on emotion.
Calvin I got buy.Please.Why I keep Benalec not to.....That not much land reclamation company in Malaysia.U will be surprise Our new PM will announce something which Benefit Benalec.He from Johor.Johor people will help back Johor people somehow.It may be 3 big fund(Tabung Haji,PNB,EPF)announce takeover of Benalec.Restructure.And Relist.30 cents is 250 million.40 cents is 340 million.Why people sell it look stupid.
But unfortunately my hand itchy & out of control until simply press button to buy....
I already bet about 35% of my funds since last week until now....
Scary...scary bet in......
Yeah....you are right....I am newbie scare this market.......
Hopefully market can crash until 45% off...or even 70% off.......
Long waiting this NEWBIE........
Posted by Michael Kwok > Mar 16, 2020 10:06 PM | Report Abuse
I'm not newbie.Newbie scare when big downturn.Newbie would not buy stocks when big downturn happen.Oversold with big downturn when I bought.Not I bought overbought with big upturn.There different.Some-more 66 cents NTA.Maybe I bought at substantial higher price at 16 cents.I no comment.
Please, go and buy Benalec rm 15k.Project already in 3-4 years.Usually net profit will start flowing in after 3 rd year.But losses due to impairment of many assets,equipment,machinery(for few years).
Wow this is a shit investor indeed. Going to other sites to promote his own held stocks after buying and telling other to push up so he doesn't show losses.
Someone bought shares from 1 cent to 1.5 cent to 2 cents, now losing value and money.
Embarrassing indeed. This is not how to become a top investor, by insulting other stocks and promoting themselves.
This is his long term results. Poor indeed, very low class investor.
Peter,Wht ur cost below 20 cents ok.At least u know there not much oil storage facility in Asean and Malaysia.That y Benalec had licence to reclaim land in Johor for oil storage,for industry,for port.Put it long term reward will be very big.
The biggest risk for Benalec is the Put Option on 5th anniversary on the RM 200 m Redeemable Convertible Secured Bond issued in April 2015 that will happen very soon. Does the company has the cash to pay? The time bomb is ticking!
Benalec not just on reclamation on oil and gas,but industrial,port and property.Look at Penang reclaim land for its people.Benalec can reclaim land on Melaka,Johor and Selangor(partly).
Introducing MY's First IPO Fund for Sophisticated Investors!
MQ Chat
New Update. Discover investment communities that resonate with your ideas
MQ Trader
M & A Value Partners IPO Equity Fund has been launched - Targeted 13% Return p.a
Latest Videos
0:17
New IPO: Building management systems (BMS), solar thermal systems and energy-saving services provider, Solar District Cooling Bhd aims to list on the Ace Market!
MQ Trader 304 views | 2 d ago
0:17
New IPO: The onshore and offshore support services provider for the O&G industry, Steel Hawk Bhd aims to list on the Ace Market!
MQ Trader 11526 views | 10 d ago
0:17
New IPO: The largest mini-market player and a leading groceries retailer in Malaysia, 99 Speed Mart Retail Holdings Bhd aims to list on the Main Market!
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....
Callmejholow
332 posts
Posted by Callmejholow > 2020-03-16 15:40 | Report Abuse
ekran is the group owned by ting pik khing