Latest Q Report also atated Benalec has more than 12.7 m treasury shares bought at an average cost of RM 1.00 per shares. Crazy cost price! How can that happen?
It's going to fly soon.Buy rm 10k each person.Monthly oversold for over 2 years.Weekly also oversold for a while.Please monthly oversold(0) means can keep 6-12 months.
Benalec redeem 129 million back.So less debt.The account show me Benalec redemption 129 million back.Someone say Benalec no money to redemp back rm 188 million.
Please read.buy Benalec.Let made it big.Rm 15k per person.Benalec redeem it bond.If it's redeem its bond 129 million Can it going bankcrupt?How to bankcrupt.There some stupid people twisting the facts.Please read all my blog in here then decide.Me in rm 25k previously.
Recommend Benalec.Buy big.Rm 15k.Its ripe for making profit(all impairment should be deduct out after few years).Redeem over 120 million going to bankcrupt.Its show the company stable.
The boss of Serba Dinamik should should takeover or privatize this counter.There many big businessman Malay and Chinese with rm 1 billion above.Maybe 150-200 people.Some-more there Khazanah which Muyiddin(PM in),EPF,Tabung Haji,LTAT and others.
Just wait.Patient is the games.I have been in this situation.Some-more there repay the money 129 million.I watch the financial statement.Losses not due to no profit but large impairment of assets,equipment and other.If u have money buy Armada and KNM Ben.
Michael Kwok 1622 posts Posted by Michael Kwok > Apr 4, 2020 7:46 PM | Report Abuse X
Just wait.Patient is the games.I have been in this situation.Some-more there repay the money 129 million.I watch the financial statement.Losses not due to no profit but large impairment of assets,equipment and other.If u have money buy Armada and KNM Ben.
MOSCOW: Russia bersedia bekerjasama dengan Arab Saudi dan Amerika Syarikat (AS) untuk mengurangkan pengeluaran minyak, kata Presiden Vladimir Putin, semalam.
Beliau berkata, Russia sanggup membuat perjanjian dalam rangka kerja kumpulan OPEC+ dan bersedia bekerjasama dengan AS dalam isu itu, menurut satu kenyataan dikeluarkan oleh Kremlin.
“Saya percaya penggabungan usaha adalah perlu bagi menyeimbangkan pasaran dan mengurangkan pengeluaran,” menurut kenyataan itu.
Harga minyak jatuh dalam beberapa minggu kebelakangan ini susulan kemerosotan permintaan dan ketidaktentuan ekonomi global akibat pandemik COVID-19.
Bulan lalu, OPEC dan sekutunya gagal mencapai persetujuan berhubung pengurangan pengeluaran minyak selepas Moscow yang mengetuai OPEC+, enggan mengetatkan pembekalan bagi menangani kesan wabak berkenaan.
Putin dalam satu perbualan dengan Menteri Tenaga, Alexander Novak, berkata Russia bersedia berbincang mengenai ‘pengurangan kira-kira 10 juta tong sehari, sedikit kurang, mungkin sedikit lebih’.
Katanya, Russia berhubung rapat dengan Arab Saudi dan beliau juga telah bercakap dengan Presiden AS, Donald Trump, baru-baru ini. - AFP
Wait for 1 years or more.Consider medium to long term.If let say got above 30 cents I sells.The project already on the 4-5 years.Profit flowing in from gross profit.Losses due to impairment.There paid back rm 129 million to redeemed back the convertible bond.
@Michael Kwok, thks so much for imp. info, must wait for 1 years. U r really a saint in disguise le, most mortal like me just dont have the patient to wait 1 week, 2 weeks already pengsan liao.. thks any way...
After redeem the bond, left only abt 30m, cash . If reclaim land cannot be sell, got problem löl! Admiin.n other expenses cost more than 50m per yr . . PP shares is otw lol ! die !!!!!!!
Tah please go and study accounts.The administrative and other account looks high due to impairment of assets,equipments and others .Its already 3 years there do tht.Should be lower next.
Luckily I got out few years ago after cut loss by 40% of my original costs. Got interested in this company thinking that few competitors in this land reclaimation business. But the real culprits are the board of directors, all are there to enrich themselves at the expense of the other shareholders. A nest of rats and snakes, may they rot in hell.
Thought of average some more but dare not even though fire sales now. Last few years plenty of cash now left abt 30m . This amt. cannot even cover the admin. n other expenses amt to 50m/yr. No wonder Sifu Calvin also dare not buy. Like u, I am also waitng for the 2019 AR .. Normally Dec. aldy out , now APRIL, like Malay saying habok pun tak ada
When cheap sifu say dun buy,when expensive sifu say buy.U all must be nut.3 years +++ losses due to impairment or depreciation of assets,equipment.y.Due to new accounting standard.There sold it in stages( that y losses come).
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Karlos
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Posted by Karlos > 2020-03-29 10:46 | Report Abuse
The notes to the latest quarterly result says only RM 129 m redeemed and still outstanding RM 71. Can some one clarify?