Posted by cyclist > 2013-12-16 19:58 | Report Abuse

yes, 90c

Posted by BullBear > 2013-12-17 13:30 | Report Abuse

A falling knife in the making? Careful now!

Posted by BullBear > 2013-12-17 13:33 | Report Abuse

Will Benalec create new lower low? Will you see your share pick up again or see your money melt down like a burning candle?

How now, folks?

Posted by tshwong > 2013-12-17 13:55 | Report Abuse

The bullshitting king, BullBear is here again, with zero share of Benalec in his hands, but try very hard to create fear factor among shareholders here, in order for you to "panic selling" the stock, then he can suck up a few cents of your hard-earned money. Be careful with this blood sucker. He was doing this to make a living.
If this stock weaken again, I will accumulate more, actually looking toward this, otherwise, how to buy cheap and sell high. BullBear, you should try harder to get it down, I like it. No offence thought. If you can success, you may help us to do these in some other counter. You know very well of human's weakness, fear because of not knowing. Human's weakness is the main factor which prevented us to success in our investment journey.

Posted by BullBear > 2013-12-17 14:09 | Report Abuse

Folks, are you buying a disaster on its way down thinking you are averaging your costs? Remember folks, risk comes from not knowing what you're doing!

Careful now!

Posted by tshwong > 2013-12-17 14:25 | Report Abuse

Good job, BullBear.

Posted by yipcoolseng > 2013-12-17 14:27 | Report Abuse

keep for long term for sure!!!!!!!!!!!

Posted by BullBear > 2013-12-17 14:35 | Report Abuse

Will the share price test the critical support level at 0.87? Will it create a new lower low? Are you ready for that? All of this raises the question: What do the CEOs know that we don’t?

Hmmmmmmmmmmm........How?

Posted by BullBear > 2013-12-17 14:51 | Report Abuse

1. The termination of two directors is a negative surprise!

2. Q1E a loss. The decrease in revenue was mainly due to lesser progress of works recognition from the Pulau Indah and Sentosacove project.

3. 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.

4. Latest news, 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.

5. 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?

Investors have short memories!!

Posted by oasischeah > 2013-12-17 14:58 | Report Abuse

This company sold large pieces of good land at good prices but Directors made good money and left minority shareholders stranded. Horrible people at Horror land.

Posted by BullBear > 2013-12-17 15:01 | Report Abuse

Folks, instead of pursuing the charges in court, Benalec has signed a heads of agreement (HoA) with Ah Chye, Tua Choon and his son to settle all legal suits, disputes and claims.

Remember folks, it didn’t elaborate, apart from saying that it plans to come to a settlement in a month’s time.

This development has attracted attention to the company, which is majority-owned and run by the three Leaw brothers — group managing director Datuk Vincent Leaw Seng Hai, Ah Chye and Tua Choon.

Will this trigger the local funds sell further?

As of 31/10/2013:
1. KWP 55,539,700 6.88%
2. EPF 35,004,100 4.33%
3. Eastspring 16,500,000 2.04%
4. Amanah Saham Bumiputra 5,335,400 0.66%
5. Great eastern Life Assurance 8,185,870 1.00%
6. Permodalan Felda 4,000,000 0.48%
7. Tabung Amanah Warisan Johor 1,431,600 0.17%

Posted by messi > 2013-12-17 15:02 | Report Abuse

are you bull or bear on benalec ?

Posted by BullBear > 2013-12-17 15:09 | Report Abuse

Folks, if you think 0.975 is low, just wait & see! The investor of today does not profit from yesterday's growth! How?

Posted by BullBear > 2013-12-17 15:17 | Report Abuse

1. Industry observers cite family interest as the reason for the board dropping the charges against Ah Chye, Tua Choon and Yongene in favour of an out-of-court settlement.

2. “Civil disputes, such as the non-disclosure of related-party transactions (RPTs), are internal issues of conduct, so the board can address them as it sees fit,” says a lawyer turned investor activist.

3. “But if the non-disclosure was material, especially if it resulted in secret profits, then it is quite serious. These issues remain whether or not the accused have resigned from their positions,” she says, adding that “a breach in regulations is something that the regulators ought to pursue even if the company has decided to drop the legal charges”.

4. In a statement to The Edge, Bursa Malaysia says: “We are looking into the matter. If there is any breach with regard to listing requirements, regardless of whether the company is taking action against the directors or they have resigned, we will carry out necessary follow-up action.”

In the business world, the rearview mirror is always clearer than the windshield!

Posted by BullBear > 2013-12-17 15:21 | Report Abuse

With the Fed taper, will the funds trim their holding on this stock? Remember folks, if a business does well, the stock eventually follows! Benalec? Careful now!

Posted by tshwong > 2013-12-17 15:58 | Report Abuse

BullBear, don't just cook some old news and keeps saying careful now like a sissy girl. Think harder and used different techniques. Buy queue volume are extremely small, but not selling, how to dip further. I want to accumulate by end of this month regardless the Fed's tapering policy. Try harder, I will thank you v much. Together, I get richer.

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

Folks, are you buying a disaster on its way down thinking you are averaging your costs? Worse still with Fed taper news, Benalec should be under more selling pressure! Remember folks, risk comes from not knowing what you're doing! Careful now! Heheheheheheheh!!

Posted by BullBear > 2013-12-17 16:46 | Report Abuse

Beware of the little expenses: A small leak will sink a great ship. Remember folks, should you find yourself in a chronically leaking boat, energy devoted to changing ship is likely to be more productive than energy devoted to patching leaks!

Careful now! Hahahahahah!!

Posted by tsurukame > 2013-12-17 17:02 | Report Abuse

The captain and his top crews are leaking the ship...ship cant go anywhere as the captain and his top team are leaking the ship...Better get out and embark onto a new ship with new captain taking care of all passengers interests.

Posted by limputong88 > 2013-12-17 19:56 | Report Abuse

To bull and bear, why are there buyers to those institutional sales listed by you. Those are longterm smart players.I foresee the price will drop further but when good news set in then you will be caught your pants down..

Posted by 5004100138 > 2013-12-17 20:00 | Report Abuse

Sale land with cash http://klse.i3investor.com/servlets/anpth/958695.jsp

Posted by tshwong > 2013-12-17 21:09 | Report Abuse

When BullBear's pant down, we all will know that "there are Nothing" under his pant. Such a stupid guy, nobody can make a fortune by contra play. The only way to growth our wealth is through long term investment in a sound fundamental company without being distracted by short term noises. Don't be fooled by fools. Be still on your ground.

Posted by BullBear > 2013-12-17 21:13 | Report Abuse

Folks, Benalec is relying desperately on its land disposal transaction to mitigate the short-fall in marine construction activities. Last 2013 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.

In the Q1E for 2014, Benalec reported a loss & has failed to dispose some of its remaining land. Benalec recently reported its has terminated sale and purchase agreements for the disposal of eight pieces of land for RM54.3mil cash. Making matter worse for Q2E, Benalec’s outstanding orderbook remained low as it failed to secure any projects since the second half of 2012.

Latest news it has struck a land sale deal worth RM55,531,011.20 but will this be enough to bring investors positive sentiment back to Benalec? Remember folks, barring unforeseen circumstances, the Land Disposal is expected to be completed by the 2nd quarter of calendar year 2014. What if the land sale fail to materialise again? How?

Posted by tshwong > 2013-12-17 21:32 | Report Abuse

Is our money. For us to worry, for you to rest. There are 200 million done deal land sales pending to bill in.
@BullBear, if the land deals materialized, how? how
If more projects secured in Penang, Johor, Melaka, Singapore, Middle East & other places, how? how?
If RAPID projects kick started next March '14, then Tg. Piar's deal being sealed next June '14, 20 billions deal, listen is 20 billions project. how? how?
If next quarter results turn profits as anticipated by all the brokering house, how? how?
If Benalec share price shoot up, we missed our million dolars profit, how? how?

Posted by tshwong > 2013-12-17 21:43 | Report Abuse

We can only growth our wealth successfully if we have a Good Heart, helping others to success also. Making gain out of other people's fall will never make one richer. Throwing negatives things out, one day, the negatives things will throw back to themselves. This is circle of life. Trust me on that, I have saw many before.

Posted by BullBear > 2013-12-17 21:47 | Report Abuse

Hahahaha........if this......if that!......how to invest with if? Remember folks, risk comes from not knowing what you're doing! Careful now!

Posted by tsurukame > 2013-12-17 21:54 | Report Abuse

The captain and his top lieutenants are the root causal factor of causing leaks in the Ship and this Leaking Ship is going nowhere.....Why r u guys still on board the Leaky ship that is going no where???

Posted by BullBear > 2013-12-17 22:01 | Report Abuse

Ever wonder why Genting is a cash cow counter? Casino focus on profit! Same goes to stock investment, folks!

Remember folks, the stock market will always be more about capitalizing on dumb people than about investing in good companies.

Posted by BullBear > 2013-12-17 22:04 | Report Abuse

Yes folks, should you find yourself in a chronically leaking boat, energy devoted to changing ship is likely to be more productive than energy devoted to patching leaks!

How now?

Posted by limputong88 > 2013-12-17 22:20 | Report Abuse

Dont worry folks modern days new vessels are built to withstand all purpose weather and situation.With abled and good captain and powerful water pumps the ship will weather through. Only old fashioned guys talk about a sinking ship because in those days ships are made of wood and are suspectable to leakages...

Posted by tshwong > 2013-12-17 22:36 | Report Abuse

If this, if that is followed your stupid writing style, Bull Bear. I thought is more easy for you no-brainer to understand.

Posted by tsurukame > 2013-12-17 22:46 | Report Abuse

Even the modern ships can be engineered to leak...when there is a will by the Captain and his top lieutenants to leak, there is always a way for even the most modern ship to leak. Anyway BENALEC is not state of the art ship....Benalec ship is very far away from state of the art...yes it thought it has the state of the art crafty skills in Leaking but then again it wasn't really "Crafty LEAKING Par Excellence" as the Leaking was easily detected LOL LOL LOL!!

Posted by tshwong > 2013-12-17 22:49 | Report Abuse

BullBear, you think you're a smart ass and people here are all dumb. So, you can create fear factor among investor here and tricked people here to panic selling their share, so you can capitalize on people here. So stupid. I make money in share market is some figurs that you can never dreamed of.

Posted by MrTigerShark > 2013-12-17 22:50 | Report Abuse

THE WORST LEAKING SHIPS ARE MUI BERHAD AND PMCORP. HAHAHAHAHA

Posted by BullBear > 2013-12-17 22:55 | Report Abuse

A small leak do sink a great ship! Now the big question: Can a leak in Benalec be the beginning of the end for future job prospect? The fact is that the leak in Benalec has caused investors to dump the shares not only slowly but also surely. Careful now folks! Heheheheheheheh!

Posted by tshwong > 2013-12-17 23:02 | Report Abuse

Careful here, careful there, how to invest in share market, such a scared-to-death sissy girl, go get your penny and find your mama.

Posted by tsurukame > 2013-12-17 23:04 | Report Abuse

Lest all gets into deeper confusion, the leakage meant "Crafty Financial Leakage" not physical leakage of water into the ship thus causing it to sink.. Crafty Financial Leakage destroys Value in the Company, cheats the minority shareholders of their investment value and over a certain time period destroys whatever goodwill the investing public has in that company called BENALEC. The recent price rout was a clear-cut expression of this as the Crafty Leakers are practically still in charge...LOL LOL LOL !!!

Posted by tshwong > 2013-12-17 23:14 | Report Abuse

Copy here and copy there. Keep repeated the same sentence. Don't you got any of your own thought? How here how there, stupid skill, how to scared people to panic selling the share. Hope you to bring down the share, hopeless. You must try harder tomorrow, idiot. Remember I want to get it cheaper by end of this month.

Posted by messi > 2013-12-17 23:18 | Report Abuse

Tigershark, you are in the wrong thread. Calvin is not here, LOL.

Posted by limputong88 > 2013-12-17 23:22 | Report Abuse

Very funny..sissy girl

Posted by BullBear > 2013-12-17 23:25 | Report Abuse

Wakakakakak!! Will Benalec share price be like a melting burning candle? Just wait & see! Wakakakakakakakakakak!

Posted by tshwong > 2013-12-17 23:28 | Report Abuse

Investing is very fun when we're knowing what we're doing. When we understand business of a company, we can invest in confident and we know that we can reap our profit for sure.

Posted by tsurukame > 2013-12-17 23:31 | Report Abuse

The BENALEC Crafty Financial Leakers are practically still in charge but their "CRAFTY FINANCIAL LEAKING ART" is not at "PAR EXCELLENCE LEVEL" and was easily detected.

Who knows next time they will work very hard to hone in their crafty skills to be as "SMOOTH AS SILK" and when that happens "ALL MINORITY SHAREHOLDERS REALLY GO HOLLAND"

Posted by BullBear > 2013-12-17 23:33 | Report Abuse

Wakakakakak. Investors have short memories!

Posted by tsurukame > 2013-12-17 23:34 | Report Abuse

The BENALEC Crafty Financial Leakers are practically still in charge but their "CRAFTY FINANCIAL LEAKING ART" is not at "PAR EXCELLENCE LEVEL" and was easily detected.

Who knows next time they will work very hard to hone in their crafty skills to be as "SMOOTH AS SILK" and when that happens "ALL MINORITY SHAREHOLDERS REALLY GO HOLLAND"

So does all the MINORITY SHAREHOLDERS still want to stay in BENALEC ship knowing that the Crafty Financial Leakers are still IN CHARGE OF BENALEC?? LOL LOL LOL !!!!!

Posted by BullBear > 2013-12-17 23:44 | Report Abuse

Pity to those buying & stuck at a much higher price. In a desperate move seem that those stuck are encouraging others to buy in order to cushion the fall. Will this be enough to stop Benalec from falling further?

Remember folks, knowing a leakage & uncertainties would you buy this counter? Shares of stock lose value when company profits drop or investors believe that company profits will drop.

Careful now! Hehehe!!

Posted by BullBear > 2013-12-17 23:52 | Report Abuse

When investing use your head & not to follow your emotions! Stock is cheap for a reason and will stay cheap for years to come as it slumping profit margins & uncertainties remain a problem for stock

If a business does well, the stock eventually follows. Benalec doing well? Hahahahahah!! So how now, folks?

Posted by BullBear > 2013-12-17 23:59 | Report Abuse

Optimism is denial, so face the facts and move on. It is wise to direct your anger towards problems not people, to focus your energies on answers not excuses.

An expensive lesson for those buying at a high price though!

Posted by BullBear > 2013-12-18 00:04 | Report Abuse

Folks due to the leakages which have caused uncertainties & negative sentiment in Benalec now the stock relentless tendency to regress towards its long-term mean. Will low at 0.86 hold? Hmmmmmm........!!

Posted by tsurukame > 2013-12-18 01:08 | Report Abuse

Crafty Financial Leakages by BENALEC Captains mean that Minority shareholders really go HOLLAND.

"HOLLAND HOLLAND HOLLAND for these MINORITY SHAREHOLDERS" so said the CRAFTY FINANCIAL LEAKAGERS who are BENALEC CAPTAINS NOW.

But these Crafty Financial Leakagers thought their KUNGFU is so silky smooth that this Financial leakage cannot be detected but unfortunately it was easily detected " AS CRAFTY FINANCIAL LEAKAGE ACT BELOW PAR EXCELLANCE PERFORMANCE"

ALWAYS REMEMBER THIS TIME TESTED SAYINGS...."THERE CAN BE NO HONOUR AMONGST THIEVES EVEN THOUGH THEY ARE STILL CAPTAINS OF BENALEC SHIP"