BENALEC HOLDINGS BERHAD

KLSE (MYR): BENALEC (5190)

You're accessing 15 mins delay data. Turn on live stream now to enjoy real-time data!

Last Price

0.125

Today's Change

0.00 (0.00%)

Day's Change

0.00 - 0.00

Trading Volume

0


46 people like this.

13,785 comment(s). Last comment by MrXYZ 2 weeks ago

gangnam

24 posts

Posted by gangnam > 2012-10-19 09:52 | Report Abuse

wats ur basis of TP 1.45 ? earnings?

jasonmys

22 posts

Posted by jasonmys > 2012-10-19 09:59 | Report Abuse

looks like no energy to move...

Mat Cendana

2,335 posts

Posted by Mat Cendana > 2012-10-19 10:07 | Report Abuse

Astro re-listing kacau everything. Have to let this one pass first. I think it will be better in the afternoon after people turn their attention away from Astro.

jasonmys

22 posts

Posted by jasonmys > 2012-10-19 11:57 | Report Abuse

Benelac is moving slowly now...

Posted by choyyeecan > 2012-10-19 14:37 | Report Abuse

huge block at 1.40 what that meant ? just let go at 1.39 or .........

dknycom

1,235 posts

Posted by dknycom > 2012-10-19 14:52 | Report Abuse

Now already RM 1.39, no point for let go.
HOLD it to BREAK RM 1.40 above today.

excelyou

1,255 posts

Posted by excelyou > 2012-10-19 14:58 | Report Abuse

HOLD HOLD HOLD

excelyou

1,255 posts

Posted by excelyou > 2012-10-19 15:00 | Report Abuse

1,700,000 shares only, each person buy 6,000 shares, just need 300 person. 23 persons from each states in Malaysia..easy

dknycom

1,235 posts

Posted by dknycom > 2012-10-19 15:02 | Report Abuse

LET US WORK HOLD TOGETHER TO BREAK THIS PRICE RESISTANCE RM 1.40!
HOLD HARD!!!

jasonmys

22 posts

Posted by jasonmys > 2012-10-19 15:21 | Report Abuse

Moving to 1.41...

dknycom

1,235 posts

Posted by dknycom > 2012-10-19 15:27 | Report Abuse

AT LAST BREAKING RM 1.40. THANKS TO ALL SUPPORTERS.
LET WORK FOR NEXT TARGET PRICE RM 1.50....

jasonmys

22 posts

Posted by jasonmys > 2012-10-19 15:34 | Report Abuse

hopefully, today can stand above 1.40, next week go to next hurdle 1.50

dknycom

1,235 posts

Posted by dknycom > 2012-10-19 15:36 | Report Abuse

YES. AGREED WITH YOU. STAY AT RM 1.41 ABOVE WILL BE BETTER TODAY.

Steve Jub

4,203 posts

Posted by Steve Jub > 2012-10-19 15:58 | Report Abuse

still going on ah this guy, not bad

dknycom

1,235 posts

Posted by dknycom > 2012-10-19 16:02 | Report Abuse

BENALES still moving up... Keep on going to next level!!!

ganasai

1,671 posts

Posted by ganasai > 2012-10-19 16:34 | Report Abuse

another congratulations to all!! buy this rather than buy the expensive second round stock.

Posted by SYED ABDUL RAHMAN SYED AMIR > 2012-10-19 16:35 | Report Abuse

1.43 Strong

passerby

2,877 posts

Posted by passerby > 2012-10-19 16:52 | Report Abuse

it is going to invite IBs to issue the SWs soon :)

pacino

81 posts

Posted by pacino > 2012-10-19 16:56 | Report Abuse

Wow Excelyou - you were like on the dot with your 1.45 !

Posted by staphyloccocus > 2012-10-19 17:01 | Report Abuse

finally benalec wake up already..

buybackma

790 posts

Posted by buybackma > 2012-10-19 17:02 | Report Abuse

salute u excel...very excellent

pacino

81 posts

Posted by pacino > 2012-10-19 17:24 | Report Abuse

Excelyou - I am impressed. I will appreciate if you could provide some pointers to which potential counters I further research to invest ( short term to mid term ). Cheers

dknycom

1,235 posts

Posted by dknycom > 2012-10-19 17:52 | Report Abuse

At last, BENALEC showed its true color.
RM 1.45 no longer a dream, but a fact.
RM 1.50 TARGET PRICE seemed coming true next week.
Say CHEERS to ALL BENALEC SUPPORTERS all the while.

excelyou

1,255 posts

Posted by excelyou > 2012-10-19 18:52 | Report Abuse

Pacino & Buybackma, hope you guys/gals earn some money. I have information from good friends and hope it really help to analyse the trend and which counter to invest. Benalec is one that showing potential since it not under investor radar since listed in Bursa. Value of the Pengerang's land will worth at least RM1.00 extra more for it share. Calculation just work but market might not react.

dknycom

1,235 posts

Posted by dknycom > 2012-10-19 18:55 | Report Abuse

Value of the Pengerang's land will worth at least RM1.00 extra more for it share.

Means that more uptrend in coming weeks!!!

johnk

33 posts

Posted by johnk > 2012-10-19 19:00 | Report Abuse

i sold it at 1.39 .. :( im in a depression now.. what u all think bout golsta? i bought that during rm1.12 drop

excelyou

1,255 posts

Posted by excelyou > 2012-10-19 19:03 | Report Abuse

Perisai have potential since last 5-7 weeks (RM0.88) and surge until today (RM1.06). Hopefully it hit above RM1.20 due to drilling project in Malay Basin.

Alam Martim is coming out due to O&G activity/contract coming out from Petronas and other operators within the next 6 months. Worth of RM36 billion contracts going to benefit Alam Martim too. When O&G sector boom, all O&G counters will boom too.

Happy trade.

Frank Soweto

3,425 posts

Posted by Frank Soweto > 2012-10-20 05:57 | Report Abuse

@DKNY Good call on benalec :)

Posted by michelle zheng > 2012-10-20 09:25 | Report Abuse

Benalec would be more attractive to buy if it gives a dividend.

excelyou

1,255 posts

Posted by excelyou > 2012-10-20 09:59 | Report Abuse

Benalec has the balance sheet (FY13F net gearing: 0.1 times) to embark on massive project, which requires up front payment from buyers. Major shareholder the Leaw family have raised their stake in Benalec to 54%. This is backed by yields of 4.5% to 6.3% dividend.

dknycom

1,235 posts

Posted by dknycom > 2012-10-20 10:04 | Report Abuse

I am estimating it will announce for DIVIDEND 4 - 6 cents per share payable early next year.

excelyou

1,255 posts

Posted by excelyou > 2012-10-20 10:13 | Report Abuse

dknycom, good if higher than last year.

dknycom

1,235 posts

Posted by dknycom > 2012-10-20 10:16 | Report Abuse

This time's DIVIDEND sure will be higher than last year.
More projects in hand will sure get higher incomes.

kcfan

1,881 posts

Posted by kcfan > 2012-10-20 15:41 | Report Abuse

Stocks never go up by accident. There must be large buying, typically from big investors such as either form local or oversea mutual funds.This may push a stock's price upwards and create some positive gains.Benalec is the "One".

dknycom

1,235 posts

Posted by dknycom > 2012-10-20 15:50 | Report Abuse

Normally FUNDS MANAGERS will buy in for GOOD POTENTIAL COUNTERS.
Esspecially those with STABLE GROWTH AND INCOMES.
So BENALEC is one of the TARGETING COUNTERS.
Can see on its daily VOLUMES & UP PRICES.

kcfan

1,881 posts

Posted by kcfan > 2012-10-20 15:56 | Report Abuse

Yes.We are same same meaning,same same target.Good man !

Posted by quyen850906 > 2012-10-20 17:51 | Report Abuse

What is IPO price?

dknycom

1,235 posts

Posted by dknycom > 2012-10-22 07:30 | Report Abuse

Today's resistance price will be at RM 1.50.
Targeting will be around RM 1.47 - RM 1.48.
Depending on MARKET CONDITION as DJ loss more 200 points last week. Hoping will get through.

matrxe

32 posts

Posted by matrxe > 2012-10-22 08:13 | Report Abuse

expect major selling and possible reversal today.

dknycom

1,235 posts

Posted by dknycom > 2012-10-22 09:08 | Report Abuse

Technical price correction is unavoidable around 2-3 cents in morning session. Then the price will continue to rebound very soon.

excelyou

1,255 posts

Posted by excelyou > 2012-10-22 11:52 | Report Abuse

Close to 1 year after winning the job, Benalec Holdings Berhad has announced the signing of development agreements on its 2 Johor land reclamation concessions in Pengerang and Tanjung Piai for the construction o an oil terminal.
Benakec said its 70% owned units, Spektrum Budi Sdn Bhd (SBSB) and Spektrum Kukuh Sdn Bhd (SKSB), will bear all costs of reclaiming the 2 concession areas that span a gross area of 5, 245 acres.
The 2 subsidiaries will bear the cost of major infrastructure works and assume all risks of constructing the 2 integrated petroleum and petrochemical hubs as well as logistic and maritime industrial park along the Pengerang, Kota Tinggi and Tanjung Piai, Pontian coast. The Tanjung Piai project spans 3,485 acres and the Pengerang project 1, 760 acres.
Benalec said it intends to finance the project via internal funds, borrowings and proceeds from land sales. The group added that it is “mindful of maintaining a healthy gearing level” and does not expect the level to rise materially in the financial year ending June 2013.

excelyou

1,255 posts

Posted by excelyou > 2012-10-22 11:56 | Report Abuse

Interesting Points:-

* Currently trading at a low PER of 9.2 times only
* High ROE of 19%
* High ROA of 11%
* Consistent growth in EPS and Revenue from the year 2007/8
* The owner retains close to 66% of total share.

excelyou

1,255 posts

Posted by excelyou > 2012-10-22 12:49 | Report Abuse

RM1.47...good run

jasonmys

22 posts

Posted by jasonmys > 2012-10-22 13:29 | Report Abuse

going to hit 1.50 afternoon session

Posted by JXRepcoBuffet > 2012-10-22 13:52 | Report Abuse

Good Show Benalec!

excelyou

1,255 posts

Posted by excelyou > 2012-10-22 15:44 | Report Abuse

Date of Notice : 18/10/2012

Transactions:
No. Date Transaction Type No of Shares Price (RM)
Particulars of Shareholder 36

Name : Foo Polin
NRIC/Passport No./Company No. : 820705-07-5234
Nationality/Country of Incorporation : Malaysian

Address:
Flat L, 24 Redan Place
London W2 4SA
United Kingdom


1. 11/10/2012 Acquired 50,000 RM1.280

Circumstances by reason of which change has occurred:
Deemed interest by virtue of her interest in Oceancove Sdn Bhd pursuant to
Section 6A of the Companies Act, 1965.

Nature of Interest:
Acquisition of shares by Oceancove Sdn Bhd in open market.


Indirect/Deemed Interest : 426,580,400 shares (53.2100%)

excelyou

1,255 posts

Posted by excelyou > 2012-10-22 17:51 | Report Abuse

Name and Address of Registered Holder:
Kumpulan Wang Persaraan (Diperbadankan)
Aras 4, 5 & 6, Menara Yayasan Tun Razak
200, Jalan Bukit Bintang
55100 Kuala Lumpu


Details of Changes

Date of Notice : 19/10/2012

Transactions:
No. Date Transaction Type No of Shares Price (RM)
1. 15/10/2012 Acquired 743,000 -


Circumstances by reason of which change has occurred:
Purchase of shares in open market by KWAP's Fund Manager.

Nature of Interest:
Direct

Consideration:



No of Shares Held After Changes:
Direct : 59,296,400 shares (7.3900%)
Indirect/Deemed Interest : 0 shares (0.0000%)
Total : 59,296,400 shares

Posted by Chin Hoon Neo > 2012-10-23 11:35 | Report Abuse

hope can reach 1.5 today

dknycom

1,235 posts

Posted by dknycom > 2012-10-23 12:20 | Report Abuse

BIG VOLUME. still with chances to bypass RM 1.50 today.
Keep watching and stay tuned.

Post a Comment
Market Buzz