http://www.benalec.com.my/v2/16mar13.html In an earlier report, Mak had valued Benalec's first phase reclamation project in Tanjung Piai, which is about 809ha at around RM1.4bil.
“Notably, our current valuation only includes the first 809ha at Tanjung Piai. As such, a formalisation of this deal would help narrow the deep discount of 49% that Benalec is trading at versus its sum of parts value of RM2.48,” says Mak.
Does this means the sale of land worth of RM1.4bil will transform into RM1.4bil / 808.4mil share= RM1.73 per share?
I never bother to look too much at those historical data because it's meaningless, those were the past statistics data. We should look into 'future earnings', that will change all of the above data, simple because we want to sell it in the future and only with the growth of future earning, then its share price will move upward as well. "Future Earnings" is the key to profits from share investment.
Fibo- 23.6%-->1.10, 38.2%-->1.05, 50% -- > 1.01, so the most is come back to 50%, those average price below 1.00 is safe. Just waiting 11 Jun 2014, the deadline for the signing of the Tanjung Piai reclamation deal. Either dive to hell or soar to heaven.
Last week pull back expected because indicator all show overbought, can refer RSI, Stochastic. Tomorrow should continue uptrend or stagnant for awhile before continue uptrend. Base on volume....should more boost for the price
i keep profit last friday..... Wow....nice trade..... buy low sell high.... easy concept..... d stock wont access more than 30% in a up trend 1...... hahaha..... aim go in again in low...... if hold, u rugi
Yes. This week it will take us to the next station, pls fasten yr seat belt and enjoy the view while the train is moving. Enjoy abroad in Ben Train, it may be slow something, but it'll definitely take us to our destination, The Wonderland, where everyone there are rich and happy. Hehehe
He he he. Many thinking small players game but Ah Ben price is moved by big players who will hold position and not going for small gain .......... Huat Arghhhhhh Ah Ben!
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....
tkteoh80
261 posts
Posted by tkteoh80 > 2014-05-17 13:23 | Report Abuse
http://www.benalec.com.my/v2/16mar13.html
In an earlier report, Mak had valued Benalec's first phase reclamation project in Tanjung Piai, which is about 809ha at around RM1.4bil.
“Notably, our current valuation only includes the first 809ha at Tanjung Piai. As such, a formalisation of this deal would help narrow the deep discount of 49% that Benalec is trading at versus its sum of parts value of RM2.48,” says Mak.
Does this means the sale of land worth of RM1.4bil will transform into RM1.4bil / 808.4mil share= RM1.73 per share?