Posted by akehlishi > 2012-05-07 18:36 | Report Abuse

In my opinion, today's doji sign is to pull out those speculators, btw it's strong resistant is 1.18-1.19...strongly believe will float in between 1.18-1.25 for coming 2-3trading days before shoot up to above 1.35...

Posted by diablo88 > 2012-05-08 09:11 | Report Abuse

why do you all care so much of the price up and down..that's a normal sign for any stock. Importantly do you believe this is a good stock and if it is, it will definitely go up later if not now.

Posted by Darren Kho > 2012-05-08 09:17 | Report Abuse

Agree with you diablo88 :-)

Posted by diablo88 > 2012-05-08 09:34 | Report Abuse

My 2 cents is that Benalec is a good stock and very under value.

Posted by chongkonghui > 2012-05-08 09:46 | Report Abuse

Agreed.

Posted by ST > 2012-05-08 17:25 | Report Abuse

i totally under valued with their prospect ahead...

Posted by akehlishi > 2012-05-08 18:42 | Report Abuse

For those who hold benalec, congrate to all of u

Posted by Hoo Ann Teo > 2012-05-09 10:35 | Report Abuse

any news for this counter ?

Posted by CP TEH > 2012-05-09 16:28 | Report Abuse

Hi all

Suddenly, it has becoming quiet again. So, resistance at 1.28 is a sell or a buy? It is at 1.19 ... can I ask when I should buy again?

Read my system well : I will sell at resistance, I will sell when many started to talk about it ... no matter if it is a good stock(personally, I do like too). Decide if we are investors or traders. Then, use the correct mindset, methods and money management.

Learning that will be very important rather than listening to noises. This comment is only for newbies and novices. Those experienced ones, they know how to take care of their trades, for sure.

TEH

p/s : I am still waiting ... when this thread becoming quiet and when RSI going much lower, it is time to buy again. By the way, at 1.25 levels, the RSI was at 65.

Posted by chongkonghui > 2012-05-09 17:02 | Report Abuse

I just average down at 1.19

Posted by Darren Kho > 2012-05-10 11:50 | Report Abuse

any tp for this counter?

Posted by kongfeifan86 > 2012-05-10 17:26 | Report Abuse

2.8

Posted by franky > 2012-05-10 23:28 | Report Abuse

Kindly advice why u say the target is 2.8?

Posted by Peter Lee > 2012-05-10 23:54 | Report Abuse

franky wong?

Posted by Alan Lim > 2012-05-11 02:35 | Report Abuse

all brother here is good timing to enter now ?

Posted by hhghuan > 2012-05-11 14:46 | Report Abuse

Next support at 1.16.

Posted by chongkonghui > 2012-05-11 16:35 | Report Abuse

how to predict best price to enter?

Low enough just buy...

Posted by Darren Kho > 2012-05-11 16:35 | Report Abuse

This stock really disappoint me... should I just sell it ???

Posted by Kl Vin > 2012-05-11 16:41 | Report Abuse

I SOLD THIS SHARES AT RM1.25 ~ PLAN TO COLLECT BACK AT RM1.15 (SUPPORT)

Posted by Darren Kho > 2012-05-11 16:45 | Report Abuse

I went in at 1.26 to 1.35 ... that's why I didnt sell yet...

Posted by CP TEH > 2012-05-11 16:48 | Report Abuse

Hi Darren

One of the point why majority losing money is they will BUY when market is hot, the stock is hot and regardless of logic.

When Benalec shot up, this page suddenly becoming noisy. Do u know why? Because many stucked inside her, some selling when it went much lower only to buyback during it shot that day and feeling trapped again.

Knowing that 80-90% of them losing money in market(in long run), it is only logical to do the opposite. Be a contrarian.

What will I wait? Hmm ... no more noises in the forum or any forums. No more interested and perhaps it goes to RM1? Dont worry, many more will give up and sell for big losses.

Be happy that the so-called good stocks retracing. It is becoming cheaper, right? Many said it was cheap at 1.30 ... are you as excited to see it is below Rm1.20 today?

Hope you could understand that I m just pointing out why majority in markets will continue to lose money.

Try not to predict. Try not to expect. It will make us emotional(up then down). Try to see things in broader ourlook ... good stocks, if going down, good. Time to buy again when no one talking about it.

just my pointer.

TEH

Posted by Kl Vin > 2012-05-11 16:57 | Report Abuse

THANKS FOR NICE ADVICES ! MR.TEH !!
HMmm..What you think about MRCB ??? I HAVE HUGE LOTS AT RM1.80 ~~ DO YOU THINK GOOD TO HOLD ???? POSSIBLE TO REBOUND BACK TO RM2.00 ??
Thanks for help again !!

Posted by Darren Kho > 2012-05-11 16:58 | Report Abuse

Hi TEH , Thanks a lot for your advice , really appreciate it , should I just hold it or sell it and look for another counter ? I need your advice..Ive been stuck here for few months

Posted by CP TEH > 2012-05-11 17:13 | Report Abuse

Hi again

An investor will not feel they are in stuck in good counters. I have known many holding Nestle, PBBank, KLK and such for more than 10-20 years, fyi. They will tell you how happy they are each time there is crisis and their stocks retracing. Get it right ... happy onlly when market or your good stocks diving.

I could not advice you on buying or selling. I could only point out that at 1.28 that day, it was a resistance, RSI at 65 and graveyard doji formed, it is sell. Of coz, it is a strong SELL when suddenly this forum becoming noisy.

Another counter? which counter in mind? I dont know, either.

I can tell you what I like : Construction sector, overall. I do like Benalec.

Why I like construction sector? Because majority dont like.

I have written and shared about 'capitulation'. It is a point when everyone given up, do not want to talk about stock markets, very quiet ... low volumes, abandoned ... that is the time we should be glad. Good investors and traders are difficult to find as there simply too much of work to be done.

So, my advise is still the same : be contrarian.

People making noises, asking about bad stocks to punt, u dont do that.

people do not read much, you simple do the opposite.

People buy, you sell ... when they sell like there is no tmr, you start to buy.

learning to be a contrarian ... you will be glad. Keep our ego aside, as market is always right.

I will be back again in Benalec for follow-up.

At least this is not Nicorp, Harvest, KNM or such counters, right?

TEH

Posted by Darren Kho > 2012-05-11 17:17 | Report Abuse

Thanks and appreciate your advice Mr.TEH

Have a nice weekend ya :-)

Posted by kongfeifan86 > 2012-05-11 17:22 | Report Abuse

THANKS TEH...

Posted by AL833D > 2012-05-11 17:34 | Report Abuse

teh,
good advice!

Posted by jacklew > 2012-05-11 17:53 | Report Abuse

TEH, appreciate your advice. You are exactly right. I do hold some good counters and hope the prices of the counters will drop so that i can collect more.... :-)

Posted by Hoo Ann Teo > 2012-05-12 09:34 | Report Abuse

hi , how about banalec-cb ? its going to due soon , wat will it to be after this ? please give some advise , tq

Posted by jester > 2012-05-12 09:46 | Report Abuse

Thanks TEH.. Appreciate your knowledge..

Hoo ann teo? when will the cb due?

Posted by Hoo Ann Teo > 2012-05-12 09:47 | Report Abuse

by end of june

Posted by chongkonghui > 2012-05-14 17:29 | Report Abuse

Sudden drop today. Bought more to average down.

Posted by chong > 2012-05-14 17:38 | Report Abuse

Seems everyone is chabuting & selling as fast & as low as possible because they expect that the PM is going to dissolve Parliament paving the way for the General Elections....so the "sell fever" was on a high.

Posted by bryan_su > 2012-05-14 17:51 | Report Abuse

going to drop back to the price b4 fly.... collect again since sold all at 1.27...

Posted by jacklew > 2012-05-14 17:56 | Report Abuse

Europe opened in red....put more pressure on the market...

Posted by zack_liza > 2012-05-14 18:06 | Report Abuse

hai...i follow benalac since ipo and till now..i very lucky when i buy this stock..now benelac support at RM1.10 and second support at RM1.00 (IPO price)..KWAP still held around 7% from issue share. for me..please Entry at RM1.10 and below.dont buy more than 10K....if the price down again.do average down if the price below RM1.00. followed my experience.i like this stock.

Posted by chongkonghui > 2012-05-15 11:22 | Report Abuse

Average down again at 1.12

Posted by chongkonghui > 2012-05-15 11:23 | Report Abuse

BENALEC on sales.... What are you waiting for??

Posted by chongkonghui > 2012-05-21 17:55 | Report Abuse

forum is very quite.... indicates time to buy.

Posted by azta12 > 2012-05-21 18:18 | Report Abuse

No hurry, with the world market sentiment still fragile, still can get at lower price i.e 1.10, sellers still out there.

Posted by pchaipeng > 2012-05-23 17:53 | Report Abuse

if price lower than RM1.10 but European debt crisis still persist, will it be good sign to buy?

Posted by anwkentucky > 2012-05-23 22:39 | Report Abuse

it will be below 90cent that time. dump now if u have collected some

Posted by yscheng > 2012-05-24 13:49 | Report Abuse

EPF had inquired more share. should get support at RM1.10.

Posted by chongkonghui > 2012-05-24 15:42 | Report Abuse

sold 10,000 @1.14... expecting to collect at RM1.10 later (if it happens)....

Posted by akehlishi > 2012-05-24 16:10 | Report Abuse

Big lier counter...

Posted by Kl Vin > 2012-05-24 17:22 | Report Abuse

KWSP COLLECT AT RM1.13 ~~~~~~~~~
THIS COUNTER QE GOING TO COME OUT ~~~ I HOPE IT WONT TURN NEGATIF !!

Posted by yscheng > 2012-05-25 09:50 | Report Abuse

Bro Chong,
what is yr average buying price?
10k share sold @1.14? cut lost?

Posted by Darren Kho > 2012-05-25 16:02 | Report Abuse

Does anyone has any idea when the quarter result will be out?

Posted by diablo88 > 2012-05-28 16:01 | Report Abuse

should be this few days.

Posted by Kl Vin > 2012-05-28 17:09 | Report Abuse

I believe the quater report should be not that good....