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

-0.005 (3.85%)

Day's Change

0.125 - 0.13

Trading Volume

130,700


46 people like this.

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

crawler

4,829 posts

Posted by crawler > 2013-05-16 09:47 | Report Abuse

diablo88 has a 4D crystal ball :) things I don't see he sees...interesting

CityTrader

8,151 posts

Posted by CityTrader > 2013-05-16 09:52 | Report Abuse

he has injected us a mentality support .. nice words that i love to hear although i dont know it is real or not.. but hopefully what he has said will come alife..

kokuryo

22 posts

Posted by kokuryo > 2013-05-16 10:26 | Report Abuse

Today not much ups and downs huh...

Darren Kho

733 posts

Posted by Darren Kho > 2013-05-16 12:13 | Report Abuse

today so quite ;(

joseph hii

339 posts

Posted by joseph hii > 2013-05-16 14:23 | Report Abuse

hi, follow me, buy at rm 1.29. is time to get in before it flying uppp

bwchng

92 posts

Posted by bwchng > 2013-05-16 15:26 | Report Abuse

truly...can follow you buy in @1.29

winwin

366 posts

Posted by winwin > 2013-05-16 15:37 | Report Abuse

this counter not for goreng,please stay away if not for long term investment.the price move steady and growing in line with business growth.1.25-1.35 is attractive price to collect.

Darren Kho

733 posts

Posted by Darren Kho > 2013-05-16 16:15 | Report Abuse

bro winwin, I know what u mean because I have monitored this stock since march 2012 :)

csk396

224 posts

Posted by csk396 > 2013-05-16 16:23 | Report Abuse

Big boys blocking at 1.30 to collect at 1.29 ?

air01557

2,511 posts

Posted by air01557 > 2013-05-16 16:27 | Report Abuse

HOLD - be patient, will move up soon.

winwin

366 posts

Posted by winwin > 2013-05-16 16:52 | Report Abuse

darren,i have monitored since it was listed.the beta is low means good for long term holding.during bearish market,this stock can sustain firmly and of course it won't jump like rocket during bullish market.from mid apr til now,less than 9% changes on price before "close to ink" news spread.the deals could be done or not must announce asap as a lot of funds stuck in this counter and ppl will getting impatient to support current price.selling pressure seems reduce but there is still risk of price moving down in short term.

hangjebat

430 posts

Posted by hangjebat > 2013-05-16 17:02 | Report Abuse

klci down by 16 points.... benalec managed to sail smoothly in the sea of red... good sign....

winwin

366 posts

Posted by winwin > 2013-05-16 17:28 | Report Abuse

won't bother KLCI,buy those stocks got good prospect.KLCI is game for blue chip player.KLCI up,buy blue chip.KLCI down,get
small cap stocks like pestech,huayang.

jesper

17 posts

Posted by jesper > 2013-05-16 18:18 | Report Abuse

BENALEC HOLDINGS BERHAD
10/6/13
NOTICE OF EXTRAORDINARY GENERAL MEETING

PROPOSED LAND DISPOSAL

hangjebat

430 posts

Posted by hangjebat > 2013-05-16 20:05 | Report Abuse

just wanna share with you guys.... theedge malaysia 7 january 2013... last sept benalec entered into agreements with the johor gov via two 70% owned subsidiaries to reclaim 3485 and 1760 acres in the coastal areas of Tanjung Piai and Pengerang respectively. The group is awaiting EIA approval which it hopes to obtain by the second half of the year. According to AmResearch the first phase of Benalec tanjung Piai landbank alone with 2000 net saleable acres is worth rm1.4 billion, which tranlates into rm1.72 per Benalec share. to be continueeeee

CityTrader

8,151 posts

Posted by CityTrader > 2013-05-16 20:07 | Report Abuse

Tq for yr info bro

crawler

4,829 posts

Posted by crawler > 2013-05-16 22:42 | Report Abuse

get ready for a rocket ride tomorrow :)

crawler

4,829 posts

Posted by crawler > 2013-05-16 22:50 | Report Abuse

have to salute diablo88 for sharing his crystal ball's 'prophercy'

Jumbo2

119 posts

Posted by Jumbo2 > 2013-05-16 22:56 | Report Abuse

Crawler = diablo88

Praising himself....kakakakaka....

Did the same for Rsawit.....

Shameful

joseph hii

339 posts

Posted by joseph hii > 2013-05-17 08:06 | Report Abuse

hi... flying smell is getting soon and soon

air01557

2,511 posts

Posted by air01557 > 2013-05-17 08:29 | Report Abuse

buy today, you wont lose on this stock

balvin71

1,153 posts

Posted by balvin71 > 2013-05-17 08:46 | Report Abuse

Be careful guys. Note Wednesday note:
Benalec may decline after yesterday’s “Long Black Day”. A position can be liquidated as long as the stock stays below MYR1.30, with supports anticipated at MYR1.15 and MYR1.10. A close above MYR1.34, however, could see a quick return in buying and resistance can be found at MYR1.37 and MYR1.45.

balvin71

1,153 posts

Posted by balvin71 > 2013-05-17 08:48 | Report Abuse

Just checked, many sellers moving in, anticipate selling pressure today.

joseph hii

339 posts

Posted by joseph hii > 2013-05-17 08:53 | Report Abuse

hopefully today it can stand well at rm 1.32, then next week start moving up

hangjebat

430 posts

Posted by hangjebat > 2013-05-17 09:17 | Report Abuse

turun kalo bagus la.... ada peluang kumpul.... naik cepat mana ada peluang.... Bought some yesterday at 129..... price will continue trading uptrend until EGM 11 Jun 2013..

hangjebat

430 posts

Posted by hangjebat > 2013-05-17 09:26 | Report Abuse

continue.... rm1.72 per Benalec share which give the company a market capitalization of rm1.12 billion. The downside risk of the stock is probably a delay in securing off-takers for the reclaimed land. Amresearch which has a buy rating on benalec, has a fair value of rm2.48 derived from its sum-parts value for the group of rm 1.99 billion. apart from the over 5000 acres in Johor, the marine construction outfit also has 500 yet to be reclaimed acres in Klebang Melaka.... Full stop.... renung-renungkan....

sephiroth

14,131 posts

Posted by sephiroth > 2013-05-17 09:29 | Report Abuse

Normally, there's a discount of 30% to SOP valuations. Amresearch always give universe high TP even higher than cimb research

csk396

224 posts

Posted by csk396 > 2013-05-17 09:33 | Report Abuse

price will move up till 11 june on land sale annoucement, no worry.

hangjebat

430 posts

Posted by hangjebat > 2013-05-17 11:21 | Report Abuse

refer to the star today.... total amount of the sales +- rm 97,000,000. Hanya sebahagian saja yang dijual....may be around 10%. so near term target rm 1.50 are sound reasonable.

winwin

366 posts

Posted by winwin > 2013-05-17 11:33 | Report Abuse

hangjebat.thanks for ur info.gg!!!

sephiroth

14,131 posts

Posted by sephiroth > 2013-05-17 11:41 | Report Abuse

Pls note that the disposal of land to be approved on next month egm will result in RM36m in profit to be recognised on 2H13

powerwk

1,690 posts

Posted by powerwk > 2013-05-17 11:46 | Report Abuse

I could be wrong, whenever there is news for Benalec even is a good news the stock price went down. Not sure what the reason.

crawler

4,829 posts

Posted by crawler > 2013-05-17 14:41 | Report Abuse

just relax ... big shark playing the psycology game...when they do not have a choice they will buy high..don't fall for the trap

hangjebat

430 posts

Posted by hangjebat > 2013-05-17 15:45 | Report Abuse

powerwk.... relax la bro....sudah tak lama hanya 12 trading days b4 EGM... for the time being.... apa kata pergi melawat kat SENDAI.... closed 132 today banyak cantik....

powerwk

1,690 posts

Posted by powerwk > 2013-05-17 15:52 | Report Abuse

haha... you guy are so confidence that this stock will fly....

hangjebat

430 posts

Posted by hangjebat > 2013-05-17 16:07 | Report Abuse

silap... 16 days... yang tak ada confidence boleh jual.... smile

powerwk

1,690 posts

Posted by powerwk > 2013-05-17 16:12 | Report Abuse

I will sell 40% first and hold 60% and wait for it to fly with you all (if that happen).

winwin

366 posts

Posted by winwin > 2013-05-17 16:30 | Report Abuse

easy to make mistake if too ego.always think vice versa.if everyone same thought with big shark,who else will win/loss in the end.

Darren Kho

733 posts

Posted by Darren Kho > 2013-05-17 17:05 | Report Abuse

hmm..I personally confident on this stock but it's for long term ;)

csk396

224 posts

Posted by csk396 > 2013-05-17 17:06 | Report Abuse

is that call "morning star" ? Any chart expert ?

Darren Kho

733 posts

Posted by Darren Kho > 2013-05-17 17:08 | Report Abuse

yeah! It's a "tomorrow star" for me ;) I'm holding 100 lots @ 1.29-1.30

Darren Kho

733 posts

Posted by Darren Kho > 2013-05-17 17:09 | Report Abuse

queuing @1.25 but cannot get it last few days ;(

csk396

224 posts

Posted by csk396 > 2013-05-17 17:11 | Report Abuse

wish it could break upside on Monday ! Happy trading everyone.

Darren Kho

733 posts

Posted by Darren Kho > 2013-05-17 17:25 | Report Abuse

Happy Trading!

crawler

4,829 posts

Posted by crawler > 2013-05-17 23:36 | Report Abuse

sell and buy at higher later, doesn't look like a good strategy for me

JimYeoh

1,514 posts

Posted by JimYeoh > 2013-05-17 23:41 | Report Abuse

Quarterly report soon?

powerwk

1,690 posts

Posted by powerwk > 2013-05-18 13:31 | Report Abuse

no one know what happen to this stock later. so use your own judgement by reading and doing some analyst. Be a bit conservative may help too. ask yourself how long you can hold this stock. If two years then consider a good stock to buy and hold. Short term may be not. Use this as reference only.

kcfan

1,881 posts

Posted by kcfan > 2013-05-18 15:15 | Report Abuse

Benalec is confident that the deal with Abu Dhabi will be the catalyst for the people whom they are currently discussing with to speed up the decision process. The company is expected to monetise at least half of the land bank in the near future.

CityTrader

8,151 posts

Posted by CityTrader > 2013-05-18 21:57 | Report Abuse

2yrs of waiting. I cant wait as i m only a trader. I will close this position nxt wk if the price stil stays below rm1.30

sephiroth

14,131 posts

Posted by sephiroth > 2013-05-18 22:45 | Report Abuse

Just drop a penny around 5-10k, consider this investment as a super extreme fd with return above 30%

Post a Comment
Market Buzz