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.
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
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.
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.
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.
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.
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".
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.
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.
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.
* 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.
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.
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
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gangnam
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Posted by gangnam > 2012-10-19 09:52 | Report Abuse
wats ur basis of TP 1.45 ? earnings?