lol... lose already still posting that nonsense... lol... post the truth.. still acceptable... this one post all fake stuff... such a sore loser... just admit u were wrong... kiddo attitude
Cockyman, your lawyer wife is defending the scandal suspects
You spin upside down , there was a DOE decision on 23/1 and the positive results was announced yesterday, EIA approved ! You are lying by accusing taciturn of lying here
please say sorry to taciturn... and congratulate him for winning.... maybe you should move on to other shares and start spinning there... try the penny stocks... easier to spin.. lol
What always entertains me is that the gasbag (and his "wife", or is it "ex-wife" since seems to sudah hilang already) keep implying that there's bad news coming for the company. "Another scandal", "Malacca GM left", "1MDB taking over the project".
If one were really sincere and wants to warn investors away, then do us the favour of elaborating on what this "scandal" is. But of course, the gasbag can follow his "wife's" SOP answer lah, it's all "P n C".
This is like me coming to this forum and posting:
The price is sure to go up tomorrow. The price is going to be unchanged tomorrow. The price is sure to go down tomorrow.
And guess what, I have a 33% chance of getting it right, by doing the simplytembak (tm) method of choosing one of the three options above.
In the same way I can say, good news is coming for the company! Sure one! And keep repeating it every day, and eventually good news will probably come. An off-taker cold be signed up for Tanjung Piai, further land sales could be announced.
Vice versa, I can scream, bad news coming for the company! I keep repeating it ever day, and who knows, it might eventually happen. I.e. Brent tanks to USD10, or our whole economy goes kaput. And voila, I'm like a magician, I "predicted" that bad news is coming mah.
So really, when someone chimes up there's "some" news coming for the company (good or bad) and refuses to give some sort of substantiation, I tend to snicker. In the past, when Savvyone was saying Tg Piai's EIA approval was around the corner, I read his statement in disbelief. When he said the company had allocated RM50m for share buybacks, I rolled my eyes and shook my head.
At the end of the day, if you have news to share, good or bad, do back it up with something. Sure you could say, "My friend told me" or "I heard rumours", but without definitive proof, how many people would take you seriously?
If you have your own analysis (again, good or bad) to share, do the same. It gives your statements some credibility. Don't adopt the simplytembak (tm) method of doing things like some of this forums more notorious members are wont to do.
Earlier I also cut loss due to the internal dispute as i totally lost confidence in the counter. But now I see value & Benalec deserved a second look. Human being are very forgiving & forgetful. Very soon all the wrong doings will be forgotten when the company recorded good earnings. I belief many catalysts are in the pipeline.
'Analysts had previously said that based on a selling price of RM50 per sq ft for the initial 1,000 acres, which will rise to RM75 psf for the remaining 2,485 acres, as well as a conservative net profit margin of 10%, the Tanjung Piai concession will generate approximately RM10 billion in billings and RM1 billion in net profit over the next 10 to 15 years for Benalec.'- The EdgeMarket http://www.theedgemarkets.com/my/article/benalec-gets-doe-approval-tanjung-piai-project
Haters of Benalec please get lost from this thread. You are not benefitting us. If can generate 1 billion profit from Tanjong Piai project fair market capitalization for Benalec should be above RM1 billion.
For those who have just come to this forum for not so long, focus on the price action starting from 16/12 as this might just be the starting point of a new uptrend.
As you can see from the tracking provided by the KKman, the counter has gone through a long period of price deterioration, mainly due to some scandal in the past involving some directors , and the overhang in the EIA issue
The 'viruses' have been ousted, though their ghosts seem continue to haunt the forum. It was like the boardroom tussle taking place here also in this forum. So you read comments like " land cannot sell ", " lost key staff and cannot find replacement ", " MD involved in manipulative dealing activities ", " excessively high directors remuneration ", stuff like that, written to make you lose confidence in the company.
The self-claimed lawyer was not even shy to say " LTC only forgot to report the (illegal) dealings in which he was involved to management, it was not his intention to cheat " in his defense of the ousted director. You should have seen how he smear the MD(who has taken the pain to send out his siblings) and how willing he was to call others of different view the dogs of MD.
The Tg Pial is a mega project that will generate continual income for the next 10-15 years. The EIA approval is but a small step towards that development. However, the fundamental landscape for the company has definitely changed for the better with the approval already in hand.
No body said this is going to be easy, and the share price fly sky-rocketing in immediate term. NO BODY said that, only ghost said that and put the words into the mouth of the so-called spinners. Now, the share price moves barely a little ( only 50% ) , and the negative spinner is quick to declare victory, as you can see from his tracking.
He never realizes the forum is not about him and taciturn, it never should be. This is a platform for us to share information, exchange views and insight, supporting one another, the more senior or knowledgeable ones helping the new comers, so that everyone make money together. Perhaps some of you have see how KKman disdainfully treat the new comers or youngsters who question his taiko posture -- " you are like 2 days new born baby teaching his parents how to behave " is a classical example
sini sudah jadi pasar mlm ke ? hallo everyone ! We invest for the money , the main goal depends on the Company not you all cakap banyak then the share price will go up or down .
I made mistake therefore i need to keep my mouth shut. I really wonder why the share price still drop even with such good announcement. Anyone can explain it to us?
welcome back, whowhere, admitting mistake has gained you some respect here. Every body makes mistake, it is always alright to make mistake as long as we learn from it.
Why share price drops despite the good news? perhaps it has already moved up by 50% from the all-time low of 0.535, there are those who have profited from the price action recently and want to take some profit, there are also those who bought on rumours and now are selling on news. Furthermore, the EIA approval is only the first hurdle cleared in the Tg Pial project. Mr Ben is yet to show the investor the money.
Price never moves up in straight line. No body says 'instant profit' right ? Retracement is always expected, and when it happens this is perhaps time for you to buy back the share you sold earlier, of course that is in case you are still interested in the counter. All is not lost for you, as long as you maintain a positive mind and not to lose composure. There is still way to go before the price climbs back to IPO price and beyond.
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....
Kukuman
2,118 posts
Posted by Kukuman > 2015-01-28 17:13 | Report Abuse
For those who don't believe, let you drown with another scandal coming.
R.I.P. mr ben. I rest my case