Posted by DreamCapturer > 2015-11-11 10:51 | Report Abuse

too slow

Posted by cw_tan > 2015-11-11 18:03 | Report Abuse

OK,you take a lead,voice up then!

Posted by happyvic > 2015-11-12 13:47 | Report Abuse

I wanna say... take the lead and voice up... but you sound like a kid... rather have someone else do it...

Posted by Kino Foo > 2015-11-12 14:51 | Report Abuse

who wanna sold @ 0.59 please sell it to me thanks^^

Posted by cw_tan > 2015-11-12 16:19 | Report Abuse

Who wanna sold @0.58 please sell it to me thanks

Posted by cw_tan > 2015-11-17 12:48 | Report Abuse

Leave this stock alone,the earning still negative :(

Posted by JKing > 2015-11-19 15:56 | Report Abuse

why white?

Posted by ryanteh > 2015-11-19 18:03 | Report Abuse

Dialog diversifies into non-O&G clients.

KUALA LUMPUR (Nov 19): Dialog Group Bhd's Executive Chairman Tan Sri Dr Ngau Boon Keat said the oil and gas service provider has been flexible in this current state of depressed crude prices.

Apart from breaking down its revenue stream equally to upstream, midstream, and downstream businesses, Ngau said Dialog's upstream business has diversified its clientele to include non-oil and gas entities.

http://www.theedgemarkets.com/my/article/dialog-diversifies-non-og-clients?type=Corporate

Posted by ryanteh > 2015-11-19 18:05 | Report Abuse

Dialog on track with RM6.3b Pengerang Phase 2.

http://www.theedgemarkets.com/my/article/dialog-track-rm63b-pengerang-phase-2?type=Corporate

Posted by cw_tan > 2015-11-19 22:10 | Report Abuse

Ryanteh,buy before too late?

Posted by TAH > 2015-11-19 23:08 | Report Abuse

Got buaya inside the company.

Posted by happyvincent > 2015-11-20 11:27 | Report Abuse

Benalec Holding Directors’ Remuneration year 2011

The aggregate remuneration of Directors for the financial year ended
30 June 2011 is as follows:-
No. of Directors - 6
RM50,000 below – 1 Independent Non-Executive Director
RM50,001 to RM100,000 - 2 Independent Non-Executive Directors
RM750,001 to RM800,000 -2 Executive Director
RM900,001 to RM950,000 -1 Executive Director

Benalec Holding financial year ended June 30, 2011 (FY11), which is
Benalec’s full-year net profit that year was RM96,081 million,
dividend paid 2 Cent.

Posted by Kino Foo > 2015-11-20 14:09 | Report Abuse

repeat again sien

Posted by Kukuman > 2015-11-21 16:55 | Report Abuse

Hah ! How is this rubbish stock doing ? And where is the king of spinner of this stock ? Those who still believe him/her and holding this stock as Extra long term stock, no mercy for you. Serve you right ! Pity

Posted by ryanteh > 2015-11-24 09:22 | Report Abuse

Inix's soon-to-be associate Galactic bags RM34.5m Penang job.

KUALA LUMPUR (Nov 23): Inix Technologies Holdings Bhd ( Valuation: 0.00, Fundamental: 1.65), which is in the midst of acquiring a 30% equity interest in Galactic Maritime (M) Sdn Bhd, said Galactic has bagged a RM34.5 million contract to supply three vessels for dredging and land reclamation services for a project in Penang.
http://www.theedgemarkets.com/my/article/inixs-soon-be-associate-galactic-bags-rm345m-job?type=Corporate

Posted by MamakKutty > 2015-11-24 14:24 | Report Abuse

u got balls to ask or not?

Posted by beginner > 2015-11-25 15:49 | Report Abuse

any update? who is going to AGM?

Posted by taciturn > 2015-11-25 17:44 | Report Abuse

Attended the AGM. It was a relatively tame affair.

All resolutions voted by poll. All passed by 99% of votes except for resolution reelecting auditors (and their fees) which passed with 95% of votes.

No questions were made by any of the attendees regarding:

a) The MD's salary
b) impairments
c) Camelot/Arthurian references

Evidently, someone is spewing bullshit once again on this forum.

Quarterly results for Q1FY16 out tonight. Will make additional comments then.

Posted by cw_tan > 2015-11-25 22:11 | Report Abuse

Feel shame as a part of shareholder on this stock,Qtr 1 2016 red again.

Posted by beginner > 2015-11-26 08:14 | Report Abuse

thanks taciturn

Posted by beginner > 2015-11-26 08:28 | Report Abuse

cw_tan, I did not see red on the q report, did I miss something?

Posted by taciturn > 2015-11-26 09:03 | Report Abuse

Quarterly results for Q1FY16.

Revenue: RM44.04m
Profit from Operations: RM6.315m
Profit Before Tax: RM2.001m
Net Profit: RM1.861m

Small profit overall. Finance costs took a decent of it (RM4.314m) or you'd be looking at a net profit of almost RM6m. Higher finance costs came from the RM200m CB interest of course.

Am not happy about the latest quarterly results notes. For some reason most of section 22 (Status of corporate proposals and utilisation of proceeds) has been culled. In previous results, there was always a breakdown on outstanding land sales and their statuses which helps to determine how things are going. That has been removed. Already made one complaint about it, going to make more.


During the AGM, I asked several questions on the status of announce land sales.

1) Faithview Supreme - RM51.47m. This was expected to have been booked during this quarter but it did not happen. As at the AGM, it still has not been booked. The delay seems to be on the buyers side. If it is not booked within the next one month or so, it will not be recognised for Q2FY16. Not happy overall about this but it seems to be out of management's control.

2) Ultra Harmony - 4 tranches, about RM50m each. Tranche 1 was booked in Q4FY15. According to management, Tranche 2 was booked as at two weeks ago (meaning it should be reflected in the Q2FY16 results. Still expecting completion of all tranches in FY15.

3. Jadex Land (RM35.4m), Quality Paradise (RM71.84m), Arena Progresif (RM128.9m) - All these land sales involved progress payments. 10% on signing, 20% after 3 months of signing, 30% after 6 months of signing, final 40% after 12 months of signing.

From what I understand, for all three deals, Benalec has received the first three stages of payment (10%, 20% and 30%) and is now waiting for the final payment. None of these payments can be booked as revenue until the last payment has been received and the title transferred. Expected completion of all three deals is again FY16.

Posted by ryanteh > 2015-11-30 08:43 | Report Abuse

KUALA LUMPUR (Nov 27): Eastern and Oriental Bhd (E&O) ( Valuation: 1.10, Fundamental: 1.10), which saw its second-quarter net profit jump 15.1% year-on-year on higher revenue, said its Seri Tanjung Pinang Phase 2 (STP2) project is on track with the commencement of reclamation works expected to take place before the year end.

In a statement today, E&O deputy managing director Eric Chan Kok Leong said the syndicated term loan for the project will be signed soon.

Last month, Chinese contractor China Communications Construction Company (M) Sdn Bhd was awarded the RM2.32 billion worth of land reclamation works for STP2.

http://www.theedgemarkets.com/my/article/eo-reclamation-works-stp2-begin-next-month

Posted by cw_tan > 2015-11-30 14:28 | Report Abuse

Ryanteh,will Benalec be subcontractor to this STP2 project?

Posted by CUTLOST > 2015-11-30 17:54 | Report Abuse

Benalec will go back to 80sen next year..buy all the way

Posted by ryanteh > 2015-11-30 18:45 | Report Abuse

GEORGE TOWN: Gamuda Bhd-led project delivery partner — SRS Consortium Sdn Bhd — for the Penang Transport Master Plan (TMP) estimates the cost of reclaiming two islands measuring about 1,300 acres (526.1ha) and 2,100 acres to be about RM7 billion to RM8 billion.

http://www.theedgemarkets.com/my/article/reclaiming-two-islands-cost-rm8b?type=Corporate

Posted by cw_tan > 2015-11-30 20:10 | Report Abuse

Again,any related to Benalec? :(

Posted by bently > 2015-12-01 09:20 | Report Abuse

STP2 for Benalec? Haha....haha...hahaha...hahahahahhaha

Posted by ryanteh > 2015-12-02 08:43 | Report Abuse

KUALA LUMPUR: Muhibbah Engineering (M) Bhd has won a contract worth RM300mil from Petroliam Nasional Bhd (Petronas) in Pengerang, Johor.

http://www.thestar.com.my/business/business-news/2015/12/01/muhibbah-gets-rm300mil-contract-from-petronas-in-pengerang/?style=biz

Posted by powerwk > 2015-12-05 10:34 | Report Abuse

@happyvincent - Thanks for sharing. If that bad you still want to hold this counter? You bought at high price?

Posted by kukuman > 2015-12-05 12:53 | Report Abuse

This is an EXTRA long term stock. Not i say. The king of spinner taciturn said it in promoting how good is this company. Rubbish ! Stupid as stupid does

Posted by Yippy68 > 2015-12-07 01:08 | Report Abuse

Kukuman...finally I agreed with you.

Posted by Yippy68 > 2015-12-07 01:14 | Report Abuse

Any reason WHY you feel so negative on Benalec, will it go below 0.50 ... You do not mind I ask such a stupid question. Ok?

Posted by cw_tan > 2015-12-09 09:59 | Report Abuse

you are right, warrior_Justice!

Posted by Yippy68 > 2015-12-10 02:17 | Report Abuse

Yes, true , I am stupid.

Posted by Yippy68 > 2015-12-10 02:23 | Report Abuse

But, are you sure you are smarter than me? I made and live comfortably for three quarter of a century, you sure you will?

Posted by happyvic > 2015-12-10 09:27 | Report Abuse

oh I'm sure most people are smarter than you gramps... look at yourself... asking 15 year old kukubird if it will touch 50 cents... who knows... buy at your own risk

Posted by Vincent Tan > 2015-12-10 11:23 | Report Abuse

a fool who is not aware of his foolishness, is a real fool; a fool who admits his foolishness, is wise to that extent

Posted by kwthum > 2015-12-10 16:09 | Report Abuse

What is the status of Tanjung Piai now? Anyone have any idea of the progress?

Posted by happyvic > 2015-12-10 16:46 | Report Abuse

wise to that extent you say? hahaha... wise to the extent of being a fool? English problem....

Posted by JKing > 2015-12-11 11:16 | Report Abuse

Tj piah plan to reclaim then sell for reason of the confident of buyer till completion. That said it will reclaim by phases to conserve cashflow with Phase 1 at 200 acres. there are pro and cons, that it get a premium selling price but need high capex.

With the loan stock of rm120 + the future RM500mil collection on the signed S&P, they should have enough cash for it.

The key point is when can they get the individual land title issue by land office for the RM500mil order book of which reclaim completion work is at 90%.

Anyone is familiar with land office procedure, could you please share what is the normal time lap to received a land title in Melaka?

Posted by ryanteh > 2015-12-11 16:12 | Report Abuse

Stock: [BENALEC]: BENALEC HOLDINGS BERHAD

Posted by JKing on Apr 30, 2015 09:45 AM | Report Abuse

the brother story is history, let look forward. Secure sale as of today is RM500mil to be completed by FYE 2016 giving a 12 cent EPS with estimated cash in flow after deducting the remaining work needed to be done is RM350mil.

moreover there are a few hundred acres left in melaka available for sell and taking the historical selling price and estimated profit, is about RM300k per acre.

That is all secure sell and assets and you can read that from the financial statement.

Don't rely on the share price movement to determine the company performance as market sentiment sometime like to overall reduction. Focus on what the company have and worth.

To response to the high PE ratio, we would need to understand how is the accounting recognisition insist of relying on the quarter result. Benalec do not follow percentage of completion recognition but recognise in total upon fulfilling all term and condition in the S&P. To have a better picture you might consider look at average per 2 years earning for PE calculation as mostly all deal completed with 2 years from the S&P agreement.

Hope i clear the doubt of some of the investor in this forum.

Posted by cheoky > 2015-12-11 16:58 | Report Abuse

dont buy that company will solve the your question.

Posted by Kukuman > 2015-12-11 17:40 | Report Abuse

I see a new spinner coming on board. By the way, almost all here are no investor. They are just ignorant gamblers. All true mr ben's investors already dumped this company long time ago except one maybe... the king of spinner aka taciturn

Posted by Yippy68 > 2015-12-12 01:06 | Report Abuse

Let stop all this arguement, all investors aim is making money, I sold off benelec two years ago and just thinking I should buy Back at below 50 Sen. I invested for almost 40 years, it could be long before some one was born, sure I am not a prince, or related to jack ma, but that should not stop me from telling you that I made enough for my rest of my life. This forum is not for people to carry out personal attack, it is for sharing opinion, do you need to be relative of Li ka shing to live comfortably? You mean all the well to do people in malaysia are all related to him...inclusive Mr Koon yew yuen, ..childish ....so childish ...still long way to learn, Mr Warrior_justice. Hope that answer your doubt,,

Posted by Yippy68 > 2015-12-12 08:46 | Report Abuse

I am so upset by this badly bought up kid saying I have no shame to say I live comfortably due to investment in Klse, do I need to list all my properties,, telling you where I stay and what cars I am driving in order to shut your mouth in this forum, so you will judge whether I talk nonsense or the truth. Kukuman, thank for your solid comment on Ben , I hold till today, waiting for 50 Sen and below to get in.

Posted by Vincent Tan > 2015-12-12 10:50 | Report Abuse

cool it, Yippy68
You do not need to prove anything to anybody. Live life as good as you know how to. Don't feel being victimised by negative circumstance and let life turn sour like some here do

Posted by Vincent Tan > 2015-12-12 10:57 | Report Abuse

Benalec may well prove to be extra long term investment like Kukuman said and is certainly not for
non-investor like he himself;A mature person takes responsibility for his own action, blaming others will only make us feel victimised;can't stand the heat?get out of the kitchen

Posted by Kukuman > 2015-12-12 12:27 | Report Abuse

Me as non-investor ? Are you implying that a real investor will invest extra long term in mr ben ? Pity. A real investor will not investor in mr ben. Only dumb person with no sense what is good or bad company will still put money for extra long term investment

Posted by Vincent Tan > 2015-12-12 12:39 | Report Abuse

we are not god, you are entitled to have your own set of thinking