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2014-05-16 08:30 | Report Abuse
I hope the star report is true, because they take us to Holland the last two press statement on Thheavy, and I hope it not the third time.
2014-05-16 06:58 | Report Abuse
Good Morning, Gadang Investors, Happy Trading!
2014-05-16 06:56 | Report Abuse
Opp!, SORRY, not powered, it should be "powerwk"
2014-05-16 06:53 | Report Abuse
Good Morning , Benalec Investors, let all those who believe Benalec stay cool from the attack of the non-believer, whom I believe is a contra or day trader who try to short the market and push down the price. They are using this forum to ask the weak ones to sell.
Thanks to taciturn, SavvyOne & powered for their quick rebut for some statement that is not correct.
Happy Trading!
2014-05-15 13:55 | Report Abuse
Off Market Deal on 14/5/2014, 5 Millions share @ 1.00, 15/5/2014, 5 Millions share @ 1.04.
2014-05-15 07:23 | Report Abuse
Good Morning, Gadang Investors, Happy Trading!
2014-05-15 07:22 | Report Abuse
Good Morning, Benalec Investors, Happy Trading!
2014-05-14 14:55 | Report Abuse
Look like a new substantial shareholder will be annouce soon base on today and last week volume. I guess?
2014-05-14 13:45 | Report Abuse
Based on the land sales and letter of awards for reclamation and the steady flow of cash, I do believe Benalec share price should worth at least 1.60+, without Tg Piah & Pengereng reclamation project and also STP2 land reclamation yet to announced.
2014-05-14 12:18 | Report Abuse
Based on the land sales and letter of awards for reclamation and the steady flow of cash, I do believe Benalec share price should worth at least 1.60+, without Tg Piah & Pengereng reclamation project.
2014-05-14 07:31 | Report Abuse
Good Morning, Benalec Investors, Happy Trading!
2014-05-13 10:51 | Report Abuse
Good Morning, Benalec Investor's.
The point that highlight by savvyOne on the buy-back of shares of 50M based on the company flush with cash might be true. I have search through the annoucement on the Bursa as follows:-
Cash @ 31/12/2013 RM 16,763 M
Land Sales to Faithview (S&P signed on 17/12/2013
and the Final Payment of 90 days after signing of S&P) RM 49,978 M
Land Sales to Teobros (S&P signed on 13/03/2014
and the terms of payments, upon signing of S&P 10%,
after 7 days, 10%) Total 20% collected. RM 9,623 M
Land Sales to Ultra Harmony (S&P signed on 20/03/2014
and 10% upon signing of S&P) RM 23,513 M
-------------------
RM 99,877 M
Cash collection expected in June, 2014 :-
Land Sales to Teobros (Balance of 80% after 90 days
from the date of signing of S&P) RM 38,492 M
Land Sales to Ultra Harmony (Progress payment) RM 53,661 M
(Balance = RM 157,955,268.24) ------------------
RM 192,030 M
------------------
Base on the above cash collection summary, i believe that the Company's have to fund to do the shares buy-back as much as they can.
It is up to you all to make your own judgement, to continue to buy, hold or sell.
Happy Trading!
2014-05-12 16:35 | Report Abuse
SavvyOne, if I'm not wrong, whatever share buy-back by the company cannot be sold back to the open market unless they issue ESOS.
2014-05-12 13:40 | Report Abuse
SavvyOne, Thanks for the info. I,myself still holding on to the stock since last year high, and bought the share again when the price around 0.89~0.95. Hope it will go to 2.00+ in near future.
2014-05-12 06:59 | Report Abuse
Good Morning, Gadang Investors, Happy Trading!
2014-05-12 06:58 | Report Abuse
Good morning, Benalec Investors, Happy Trading!
2014-05-09 06:53 | Report Abuse
Good Morning, Gadang Investors, Happy Trading!
2014-05-09 06:52 | Report Abuse
Good Morning, Benalec Investors, Happy Trading!
2014-05-08 23:33 | Report Abuse
Benalec have been actively buying back the Company's share for the last 3 days for a total of 5,872,500 shares at the average price of 0.955.
Why do a company's want to do share buy-back :-
1. Such action can be an indication that the Company's believes the stock price is undervalued and also don't see any better investment other than in themselves.
2. The Company's is saying that its share are currently selling at a discount to their fair value.
3. The Company's find itself with a large amount of excess cash on its hands and must decide what to do with it. Some choose to give dividends while others prefer to buy back their own shares.
4. When a Company spends its cash, its assets are reduced. This will cause the Return on Assets (ROA) to increase. Also, Return On Equity (ROE) is upped because there is less outstanding share floating in the market.
5. Companies may find themselves in a position where another company is planning an unfriendly or hostile takeover. If a company can succeed in buying back a substantial amount of its own shares, this make it more difficult to be taken over.
Conclusion :-
Investors obviously would like Companies to buy back shares of their own because they are currently undervalued. The market has yet to realize the Company's true value and once it does, they would enjoy the price appreciation.
Good Night to all Benalec Investor's, and i sincerely hope this will help you all to make your own decision or judgement to sell or to hold.
Happy Trading.
2014-05-08 13:58 | Report Abuse
When the stock price retreat, alot of negative comments. Steady la.
2014-05-08 12:05 | Report Abuse
Gadang has lost power, if below 1.80, contra player's will panic and start to sell again.
2014-05-08 06:14 | Report Abuse
Good Morning, Gadang Investors, Happy Trading!
2014-05-08 06:12 | Report Abuse
Good Morning, Benalec Investors, Happy Trading!
2014-05-07 19:14 | Report Abuse
Another round of share buyback by Benalec today. It show that the Company is really undervalue in share price at this current level, there will be more upside from tomorrow onward, I hope so. Good Evening to all Benalec Investor's and let us meet again tomorrow.
2014-05-07 17:53 | Report Abuse
King7 in stock market, what you need to learn is to buy low and sell high. Don't read too much about the big buy or sell volume. It how the syndicate styles of play.OK.
2014-05-07 08:22 | Report Abuse
The quarter results @ 31/3/2014 will be out by end of this month. Based on yesterday price up could be due to more good set of results. That's my opinion. Happy Trading!
2014-05-07 07:37 | Report Abuse
Good Morning, Karambunai investors, Happy Trading!
2014-05-07 07:35 | Report Abuse
Good Morning, Gadang Investors, Happy Trading!
2014-05-07 07:35 | Report Abuse
Good Morning, Benalec Investors, Happy Trading! Let hope the price will continue to climb up to above 1.00+ today.
2014-05-06 08:50 | Report Abuse
SavvyOne, Thanks for the info. Let the show begin.
2014-05-06 08:28 | Report Abuse
Good Morning, Benalec Investors, Happy Trading!
2014-05-06 08:26 | Report Abuse
Good Morning, Gadang Investors, Happy Trading!
2014-05-05 18:39 | Report Abuse
Tan Sri Kok Oon bought 50 lots @ 1.74 today.
2014-05-05 15:40 | Report Abuse
Beginner1989 , What SJSOON says is true. Gadang is good and fundamental company. At the moment the downtrend is temporary because all the news have been announced. That's why the syndicate is selling. Wait for next 1or 2 weeks, the price will slowly climb up to TP 2.67. Be happy always.
2014-05-05 15:07 | Report Abuse
Actually the whole market is down.
2014-05-05 15:05 | Report Abuse
Contra player's starting to sell.
2014-05-05 12:06 | Report Abuse
Beginner1989, based on TA, the TP1-1.545, TP2-1.447 & TP3-1.13. Since the news have been announced, I strongly believe the TA will be the guidance of the stock movement at the meantime. That my observation. It
2014-05-05 10:27 | Report Abuse
Gadang at the moment are in consolidation phase, if it breaks 1.70, then it will go down further. Watch out for contra player's. Happy Trading!
2014-05-05 08:26 | Report Abuse
Good Morning, Benalec Investors, Happy Trading!
2014-05-05 08:26 | Report Abuse
Good Morning, Gadang Investors, Happy Trading!
2014-05-02 06:37 | Report Abuse
Good Morning, Benalec Investors, Happy Trading!
2014-05-02 06:37 | Report Abuse
Good Morning, Gadang Investors, Happy Trading!
2014-04-30 08:14 | Report Abuse
Good morning, Benalec Investors, Happy Trading!
2014-04-30 08:13 | Report Abuse
Good Morning, Gadang Investors, Happy Trading!
2014-04-29 13:40 | Report Abuse
To all gadang investors, based on TA @ mid-day, RSI @ 72.9 (yesterday 80.2), Stochastic %K-67.2, %D-78.5 (yesterday %K-79.4, %D-86.3), SELL for short term investors. For medium to long term investors, you can hold on to it. TP1-1.545, TP2-1.447,TP3-1.13. There is a very highly % the price will go down to TP1. That's my opinion. Happy Trading!
2014-04-29 08:23 | Report Abuse
Good Morning, Benalec Investors, Happy Trading!
2014-04-29 08:22 | Report Abuse
Good Morning, Gadang Investors, Happy Trading!
2014-04-28 21:58 | Report Abuse
Based on FA, I believe Gadang Worth at least 3.00+ in medium to long term.
Stock: [BENALEC]: BENALEC HOLDINGS BERHAD
2014-05-18 22:07 | Report Abuse
I'm still holding on.