Posted by sephiroth > 2013-05-31 11:38 | Report Abuse

coz they wanna take profit from their purchase price around 1.15-1.20, therefore capping the rise

Posted by paurlim > 2013-05-31 11:38 | Report Abuse

agreed with crawler. patient is key success factor in share investment especially when talking abt good counter.

Posted by csk396 > 2013-05-31 11:51 | Report Abuse

thanks sephiroth.

Posted by buybackma > 2013-05-31 11:59 | Report Abuse

The main focus for Benalec going forward is on its ability to commercialize 5,485 acres of prime seafront land in South Johor.

- The group had on March 12 – signed a binding term sheet with 1MY Strategic Oil Terminal Sdn Bhd and The State Secretary Inc (S.S.I.) for the sale and reclamation of 1,000 acres of land in Tg.Piai, Johor.

- Under the deal, a formal SPA is to be executed within three months subject to finalisation of all the details. This follows an earlier report in The Star detailing a planned JV between the Abu Dhabi government and 1MY.

- This deal is significant for its strategic importance as a trailblazer offtaker for Tg.Piai’s rising prospects as a future oil hub. This will likely trigger more interest from other foreign oil MNCs to invest in Benalec’s land concessions in Tg. Piai, and also Pengerang.

- Notably, our current valuation only includes the first 2,000 acres of its land at Tg. Piai. A formalisation of this deal would help narrow the stock’s steep 44% discount to its NAV, paving the way for Benalec’s emergence as a cheaper leverage to the oil & gas sector (FY13F-15F PEs of only 9x-12x) - 31/05/13 Amsecurities

Posted by buybackma > 2013-05-31 12:04 | Report Abuse

ho ho ho ... 12/03/13 three months after 12/06/13 ... cool guys..

Posted by Retired > 2013-05-31 15:40 | Report Abuse

seems like just hanging on there today....guys will it go up?

Posted by zero > 2013-05-31 16:03 | Report Abuse

a lot of selling going on, seems that someone is trying to force the price down

Posted by redbull88 > 2013-05-31 16:07 | Report Abuse

whow...500 lots just sapu at 1.44

Posted by buybackma > 2013-05-31 16:14 | Report Abuse

ho ho ho ... they just realised how good is BEN10 ...SMILES...

Posted by 0665hock > 2013-05-31 16:24 | Report Abuse

coming...

Posted by 0665hock > 2013-05-31 16:24 | Report Abuse

power up...

Posted by tonylim > 2013-05-31 16:27 | Report Abuse

BBM, is 1.45 the historical high?

Posted by tonylim > 2013-05-31 16:28 | Report Abuse

chasing for TOP price

Posted by cyclist > 2013-05-31 16:42 | Report Abuse

Still have some distance to the top, but once top is broken and will probably fly.

Posted by zero > 2013-05-31 16:52 | Report Abuse

52 week high is 1.49

Posted by tonylim > 2013-05-31 17:00 | Report Abuse

zero, many thks.
Why would you call yourself zero.
To chinese got pantang

Posted by zero > 2013-05-31 17:43 | Report Abuse

haha i should call myself 888 right? but seems that got a lot of 888 already here...

zero, just because i like to think of myself as a Zen trader ;)

Posted by hsong > 2013-05-31 17:49 | Report Abuse

AMMB has a target price of RM2.48

There is still plenty of room to go up from current price

Posted by zero > 2013-05-31 17:49 | Report Abuse

historical high is around 1.60...

Posted by tonylim > 2013-05-31 17:54 | Report Abuse

Zero sorry for my ignorance.
Zen trader means swing trading or contra trader

Posted by max8 > 2013-06-01 04:24 | Report Abuse

Zen-Zero-0->Fully Accomplished Circle ^^

Posted by hangjebat > 2013-06-01 06:45 | Report Abuse

DOW JONES fell 208 points..... Just to remind you all, KLCI also may affected.... if the index down near to 1747.... CABUT LA, APA TUNGGU LAGI..... market nak jatuh laa tu, dah lebih sebulan dipuncak kayangan.
Jual dan beli semula kemudian... (7 more trading days b4 EGM.... macam-macam boleh jadi)
Nasihat kawan.... jangan tambah, ada peluang jual--- jual dulu sebahagian, simpan sebahagian....

Posted by hangjebat > 2013-06-01 06:50 | Report Abuse

(my post on May 29) just to remind you sis and bro.... month of june will be critical.... if klci down near to 1740..... cabutttttt
mesti selalu mau ingat yang naik akan jatuh.... yang jatuh akan naik.

Posted by Trader888 > 2013-06-01 14:08 | Report Abuse

Thanks for the analysis, bro Jebat. However, looking at the announcement dated 12 March, stated within 3 months...so it could be earlier than 12 June, right?

Posted by quyen850906 > 2013-06-01 14:14 | Report Abuse

sell in June

Posted by zero > 2013-06-01 15:28 | Report Abuse

Dow Jones routed on Friday... things won't be very pretty on Monday morning open folks, better be prepared. This is the time to be cautiously smart and have nerves of steel.

Posted by quyen850906 > 2013-06-01 15:37 | Report Abuse

big sales on the morning...

Posted by TAN1957 > 2013-06-01 15:39 | Report Abuse

why sell in june and why worry abt monday?

Posted by quyen850906 > 2013-06-01 15:42 | Report Abuse

dow jones drop 200pts on friday and will give the impact to KLCI..seem June is not stable

Posted by TAN1957 > 2013-06-01 15:50 | Report Abuse

KLCI doesn't always follow the Dow and May has been a good month although 'experts' say May should be bad.

Posted by faralenz > 2013-06-01 16:20 | Report Abuse

USA & Japan Q3 continue, FFM will not leave our market to cause a sudden drop.dont worry klci uptrend still intact. make profit alrdy this round ?? then sell first...can buy cheaper later....

Posted by KAHFIEHLAI > 2013-06-01 18:14 | Report Abuse

Asian market is allery to those daiko especially US. Likely get a flu on monday.

Posted by TAN1957 > 2013-06-01 20:23 | Report Abuse

China May PMI beats expectation. Should be good comes Monday.

Posted by sephiroth > 2013-06-02 10:11 | Report Abuse

agm on 12/6, sell on 10/6 -11/6, buy on rumour, sell on news

Posted by Alvian > 2013-06-02 10:16 | Report Abuse

agm is on 11/6, well 12/6 contract sign. why sell on 10/6-11/6??

Posted by sephiroth > 2013-06-02 10:21 | Report Abuse

coz market would have already price in the contract

Posted by chongkonghui > 2013-06-02 10:22 | Report Abuse

expecting bear coming?

Posted by Alvian > 2013-06-02 10:24 | Report Abuse

ooo i got it...

Posted by sephiroth > 2013-06-02 10:27 | Report Abuse

there's no bear for construction and property stock for now coz they underperform for more than a year due to ge, just some mild correction
eg Kimlun 1.28 shoot to 2.35 back to 2.25, Tambun 0.75 shoot to 1.38
Amprop 0.48 shoot 0.80plus, Malton 0.47 shoot to 0.73, Huayang 1.50 shoot to 3.20 etc etc..

Posted by Alvian > 2013-06-02 10:36 | Report Abuse

yap, only benalec still haven't done any shoot

Posted by sephiroth > 2013-06-02 10:52 | Report Abuse

benalec only up 25%
kimlum up 50%, crest builder up 80%, gadang up 50%, hsl up 40%
mrcb up 35%, muhibah up 80%, triplc up 300%

Posted by Alvian > 2013-06-02 11:24 | Report Abuse

due to bad q1 result also

Posted by ch741001 > 2013-06-02 12:04 | Report Abuse

It good

Posted by ch741001 > 2013-06-02 12:05 | Report Abuse

It will up like kimlun.

Posted by ch741001 > 2013-06-02 12:06 | Report Abuse

U study kimlun n kimlun report olso not good.

Posted by zero > 2013-06-02 12:43 | Report Abuse

quick question, does anybody know the average EPS growth rate over the past 5-10 years for Benalec?

Posted by pooket > 2013-06-02 16:50 | Report Abuse

The reason US markets fell on Friday afternoon was because of end of the month rebalancing. Reuters had comments from an agency that said 75% of the money was flowing out of the US markets and into foreign developed markets. (Does that mean 25% will go to emerging markets like Malaysia?)
Plus, don't forget about stronger PMI in China announced this weekend.

Posted by pooket > 2013-06-02 16:53 | Report Abuse

And as far as Am's target price, I wouldn't get too excited about that. Their advice is usually wrong, their TP's are usually way too high, and if the price goes up, they just raise the TP. I had an account there for a couple years and was very disappointed in their advice and opinions.

Posted by investor77 > 2013-06-02 16:55 | Report Abuse

Agree that Benalec one counter that has not really moved up. Once breakout from 1.45, should move higher. Good for medium term investment.

Posted by tonylim > 2013-06-02 16:58 | Report Abuse

pooooket, maybank's report better?