Folks, seem this counter relentless tendency to regress towards its long-term mean.
Remember folks, you don’t need to incur lots of risk in order to perform quite decently.
Shares of stock lose value when company profits drop or investors believe that company future profits will drop.
Why hang on to shares that are depreciating? Hoping the shares would pick up again? But this is a very practical way to see your money melt down like a burning candle.
hustle, no need to coach, sell at extremely high vol plus my profit margin is 20 to 100%, buy those cash rich counter and little debt (homeritz/latitud/l&g)where cash flow from operation is ALWAYS positive, u won't go wrong, now looking at ku hon(stingy) but cash rich WEIDA
Year to date, Benalec is down 37 sen or 26.6% from Dec 31, 2012 close of RM1.39. The counter’s intra-year high was RM1.55 on June 4 and its lowest was 87 sen on Nov 29.
Can it get cheaper once everybody rushing in panic to dump this counter? Time will tell!
Regardless if Benalec is a good company or not one common thing here after the comments observation. Those that keep on curse or provide negative comments tho maybe valid and good comments are those that make money from Benalec :-)
So you guys will still buy when this counter go lower certain price? If yes, why? What the logic behind all this? Well I would like to learn more from you guys..... SO that I can become part of you. Buy -> make money -> sold -> curse / negative feedback -> share drop -> buy again with higher volume -> make money -> sold -> curse more -> leave the stock forever..... Haha.... I like it. It would be good if we can do the same for any counter we want!
I suppose those that loss money will curse more..... Where are you?
Sorry if I offend anyone here. Just think this is open forum and should share more and be open. Those that give negative comments definitely still like this counter on the other side of themselves else they won't spend time in this thread and provide so many valuable comments!
people are realistic. when benalec price jump to 1.5x, all said how good to it. Now when company face some problem, all turn to say bad thing. Chinese said "flower never has hundred day red, human never has thousand day good". We should accept some bad thing and treat it as a chance. risk is chance, chance is risk. how good the company also will have bad in one day.
Thank for yr sharing, rich. Certain members here were inputing "own-created" info in order to -create fear factor among readers here. They tried to manipulate weak minded retail investors in order for them to "panic selling" the stock. If the wave of selling was strong enough, then they can buy it with a "steal-price" like one member said before. They probably sold it at much lower price, now the price was moving up, they get so hurt, that why they ill-minded wanted others to sell it down for them. If this stock was as bad as they said, they really got no point to keep dragging it, so go elsewhere to find their gold stock. Some even talk like CEO of KWAP, they sold tiny share out of their 50 millions++ holdings, this is normal investment activity, they buy and sell all year, your guys can check it out, he can say KWAP is going to sell it off. Very funny, either this guy is extremely stupid or he thought others are. Sharing is good for the benefits of others with genuine info, but inputing "self-created" and manipulated info to serve their own tiny gain for the expense of others' losses was really bad. I don't think is good to earn money in this way, this is evil. We should growth our wealth through right investment knowledge and skills. We need to do our own study as I alway said.
@tshwong - kind of agree with you. I try to find that out before but no luck. Everyone have the right to comment in open forum like this. So really depend on folks to differentiate which one is good and bad guys. If follow bad guy both sell or buy at wrong price will definitely make us loss money. Or earn far less than we suppose to. So read the forum comments with filter. Don't follow buta-buta. Your money will also jade buta.
Fully support the comment posted by tshwong. I notice alot of peoples are just follow without doing much research and buy and sell based on rumours only. That is the killing point for all contra players. Anyway, this counter at the moment, based on TA will stay above 1.00+. Happy Trading.
at rm1.01, it is a bargain for those who believe in ben's near future. for those who think otherwise would be waiting for ben to weaken further. time will tell who is right who is wrong. 3 months from now we will see where ben is.
To invest in one company is like being part of their business prospect. I never thought one business can reward us in such a fast term. For my investment, 6 months is considered "soon", 1-2 years is short term. These are common understanding in investment world. If you are so "scared-to-death", share market just too much risks for you, or you can just follow other's "here said" rumours to strike your luck in some high-fly counters. Just make sure you don't lost your pant off. Actually you can also try the numbering game, the odd is higher for those "non-independent braining" people. You might find your luck there. No offences, folks.
Why hang on to share that is depreciating? Hoping the share would pick up again? But this is a very practical way to see your money melt down like a burning candle.
Remember folks, Benalec falls to record low after Q1 losses. The decrease in revenue was mainly due to lesser progress of works recognition from the Pulau Indah and Sentosacove project.
Benalec is relying on its land disposal transaction to mitigate the short-fall in marine construction activities. In current financial year, Benalec had sold 101.1 acres land with a total disposal of RM156.8 million and the group has another 400 acres remaining land available for sale.
But now Benalec has terminated its sale and purchase agreements (SPAs) with Highbond Capital Sdn Bhd and Gigayear Revenue Sdn Bhd for the disposal of eight pieces of land for RM54.3mil cash.
Worst still Benalec’s outstanding orderbook remained low as it failed to secure any projects since the second half of 2012.
So how will the coming quarter be? Good, bad or ugly? Careful now!
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
JXRepcoBuffet
400 posts
Posted by JXRepcoBuffet > 2013-12-13 13:24 | Report Abuse
CIMB research recommended from "Turning sand to Gold", to "Slowly turning sand to gold" and now..... Sell call!!!! useless liar.