BENALEC HOLDINGS BERHAD

KLSE (MYR): BENALEC (5190)

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Last Price

0.11

Today's Change

-0.005 (4.35%)

Day's Change

0.11 - 0.00

Trading Volume

180,400


46 people like this.

13,786 comment(s). Last comment by Karlos 1 month ago

hangjebat

430 posts

Posted by hangjebat > 2013-07-19 17:05 | Report Abuse

masa BENTEN jatuh.... jangan kutuk dia, kata tak bagus ke apa ke....ringkasnya tak payah menyebok laaa....
kan dah tahu fundamental of the company, so masa dia jatuh tu study and do the technical analysis.... than joint the boat again....

Posted by Alex Liew Lean > 2013-07-20 19:29 | Report Abuse

buy somemore...

Alexi

28 posts

Posted by Alexi > 2013-07-21 16:09 | Report Abuse

Is this the best time to buy in?

JRD_500

82 posts

Posted by JRD_500 > 2013-07-21 16:13 | Report Abuse

No

matrixcool

1,307 posts

Posted by matrixcool > 2013-07-21 16:19 | Report Abuse

Benalec the uptrend is very much intact...After forming a Doji at top last week the support level of $1.40 was tested last Friday but managed to hold.More consolidation is expected in near term and may trade between $1.36 to $1.44.I will limit my losses if break below $1.36.

hangjebat

430 posts

Posted by hangjebat > 2013-07-22 08:58 | Report Abuse

matrixcool.... kan ada dividen 3 cents... turun kalo tambah lagi...

crawler

4,829 posts

Posted by crawler > 2013-07-22 09:33 | Report Abuse

haha...ya baby... rugi la those who sold last week

crawler

4,829 posts

Posted by crawler > 2013-07-22 09:50 | Report Abuse

the price will not stay at this level...it is still undervalue...I 'think' the price will move up to 1.70 in very near term

crawler

4,829 posts

Posted by crawler > 2013-07-22 09:51 | Report Abuse

we shall see if the EIA report come out earleir than expected.. it might even surge past 2.00

scenic

56 posts

Posted by scenic > 2013-07-22 09:56 | Report Abuse

can enter this counter at this time ?

air01557

2,511 posts

Posted by air01557 > 2013-07-22 09:59 | Report Abuse

nice price to enter 1.41

hangjebat

430 posts

Posted by hangjebat > 2013-07-22 10:08 | Report Abuse

matrixcool.... you tak guna william dan MA ke?

Muarmali

1,186 posts

Posted by Muarmali > 2013-07-22 12:27 | Report Abuse

I think everyone here is speculating on this counter including myself. :)))

crawler

4,829 posts

Posted by crawler > 2013-07-22 12:34 | Report Abuse

I 'heard' is coming out with formal announcement..so let's see if that's coming true. Pls be responsible for your own decision on buy or sell. I am just sharing what I know...if is speculation or not you decide

lwalk

1,144 posts

Posted by lwalk > 2013-07-22 12:35 | Report Abuse

well technically the counter looks good as well.

Posted by sorosgeorge0 > 2013-07-22 15:20 | Report Abuse

dreaminglah Crawler. Now is Puasa and Raya month. Even Saudi also slow down already..... after Augustlah.

wcl1988

54 posts

Posted by wcl1988 > 2013-07-22 15:56 | Report Abuse

just follow the director...when the director buy back the share they had disposed, then is a good sign to buy...follow the last two month trend....director sendiri throw out the share before "GOOD" news announce...

crawler

4,829 posts

Posted by crawler > 2013-07-22 16:41 | Report Abuse

usually my dream come true :)

crawler

4,829 posts

Posted by crawler > 2013-07-22 16:42 | Report Abuse

and..usually I like to go against the odd..

wcl1988

54 posts

Posted by wcl1988 > 2013-07-22 16:53 | Report Abuse

err...you remember last time before AGM, director sell share at 1.52 to make fool of small fish? the price will continue to drop for few more weeks....I was holding for long term as well, i just encourage them to follow the director trend to prevent fooled by them :)

Posted by powerchien > 2013-07-22 17:56 | Report Abuse

Crawler, what is the announcement... Minds to share ?

kslee208

52 posts

Posted by kslee208 > 2013-07-22 18:41 | Report Abuse

Crawler is just dreaming...

crawler usually my dream come true :)
22/07/2013 16:41

kslee208

52 posts

Posted by kslee208 > 2013-07-22 19:14 | Report Abuse

Eia report is an assessment report that might have negative impact to Ben depend on the finding and it's not just a matter of when it will be release..

crawler

4,829 posts

Posted by crawler > 2013-07-22 21:42 | Report Abuse

can you pls tell us something which is not history?

matrixcool

1,307 posts

Posted by matrixcool > 2013-07-22 22:15 | Report Abuse

Bro Hangjebat,indictaors are just a guide only.For trading the Trend is our Best friend.
As i mentioned the long term UP trend of this counter is very much intact.
For trading purpose the support of $1.36 must hold for its further movement in near term.
After forming the Doji last week the stock has declined as suggested but the RSI remain cuving up which is good sign.
In near term most likely to trade between $1.36 to $1.44.
As mentioned in earlier post it needs to stay above $1.45 to move again.

hangjebat

430 posts

Posted by hangjebat > 2013-07-23 08:34 | Report Abuse

matrixcool....tqvm.

hangjebat

430 posts

Posted by hangjebat > 2013-07-23 08:37 | Report Abuse

HOLD.... Gua bukan kaki kontra and speculator... nothing to worry about.... SMILE... 139.. The price resting above EMA 25

allan88

95 posts

Posted by allan88 > 2013-07-23 08:46 | Report Abuse

With the recent land sales, I believe it will provide cushion to the coming qtrs earning's top/bottom line, while waiting for the pending EIA announcement (Tanjong Piai MOU extension) in near term. I am just being optimistic that it will pass.

hangjebat

430 posts

Posted by hangjebat > 2013-07-23 09:44 | Report Abuse

ALLAN88... mesti lulus punya... Just a formality...Gua look back to the chart.... study the pattern before reached 159.. My conclusion... ada tiga anak tangga bermula pada 124.... sekarang anak tangga pertama bermula pada 136 sudah siap, anak tangga kedua in the making.... SMILE

hangjebat

430 posts

Posted by hangjebat > 2013-07-23 09:51 | Report Abuse

cheeboon .... so far our bro matrixcool bagus.... Me, tuisyen kat member... dia pula tuisyen kat KL... Must be good in technical as well as fundamental.. otherwise will losing RMRM... smilee

wcl1988

54 posts

Posted by wcl1988 > 2013-07-23 11:42 | Report Abuse

Any impact of kuokong petrochemical to Benalec? Should be no right?

crawler

4,829 posts

Posted by crawler > 2013-07-23 11:54 | Report Abuse

kebooom

walaneh

43 posts

Posted by walaneh > 2013-07-23 12:01 | Report Abuse

so fast 'kebooom' word out d? onli up a bit wo.. hehe

crawler

4,829 posts

Posted by crawler > 2013-07-23 12:03 | Report Abuse

land sale again ...haha

crawler

4,829 posts

Posted by crawler > 2013-07-23 12:03 | Report Abuse

u watch la

walaneh

43 posts

Posted by walaneh > 2013-07-23 12:08 | Report Abuse

ur news so fast la... lol... watching... hoping... praying... :)

lwalk

1,144 posts

Posted by lwalk > 2013-07-23 12:08 | Report Abuse

so much land to sell? lol :) whatever.. seng ah seng...

crawler

4,829 posts

Posted by crawler > 2013-07-23 12:21 | Report Abuse

some people always said land sales mah..then land sales lor

akuree

441 posts

Posted by akuree > 2013-07-23 15:36 | Report Abuse

sabar je lah....

hangjebat

430 posts

Posted by hangjebat > 2013-07-23 16:41 | Report Abuse

crawler.... diaorang dah bank in ke dividen sendai... supposed to be today....

hangjebat

430 posts

Posted by hangjebat > 2013-07-23 16:51 | Report Abuse

iwalk.... read my post during may or early jun to get a clearer picture of benalec.... ITU MEMANG KERJA DIA, RECLAIM TANAH DAN JUAL....

hangjebat

430 posts

Posted by hangjebat > 2013-07-23 16:58 | Report Abuse

IWALK .... may 16

hangjebat

430 posts

Posted by hangjebat > 2013-07-23 17:03 | Report Abuse

if sendai follow benalec pattern.... wait for the price at 155 to reenter.... (my prediction...rebound for benalec will begin tomorrow)

boon1

6 posts

Posted by boon1 > 2013-07-23 17:15 | Report Abuse

hahaha... kaboom to lower ad....:(

Muarmali

1,186 posts

Posted by Muarmali > 2013-07-23 17:39 | Report Abuse

Not kaboom but all kena KWAPed..... :))

lwalk

1,144 posts

Posted by lwalk > 2013-07-23 18:00 | Report Abuse

hangjebat, ah ok... thanks man :)

Posted by powerchien > 2013-07-23 20:58 | Report Abuse

Is that any pengerang project related to Benalec?

simonc

111 posts

Posted by simonc > 2013-07-23 21:56 | Report Abuse

Published on FZ : Malaysia News - General, Political, National, Business, World (http://www.fz.com)
Home > In the Chinese Press: Kuokuang scraps Pengerang project, report says
In the Chinese Press: Kuokuang scraps Pengerang project, report says


Nation
by Chan Wei See



KUALA LUMPUR (July 23): Three vernacular papers today quoted a Taiwanese newspaper as saying, Taiwan Kuokuang Petrochemical Technology has scrapped its NT400 billion (RM42.5 billion) investment plan in Pengerang, Johor.

Sin Chew Daily, Oriental Daily News and China Press cited a report by Taiwan's Commercial Times which said Kuokuang – a subsidiary of state-owned oil refinery corporation Chinese Petroleum Corp (CPC) – dropped the investment plan after a professional assessment.

The Taiwan daily quoted a source as saying the success of shale gas exploitation in United States caused a radical change in the industrial structure of naphtha cracking.

After considering a "professional" assessment, Kuokuang was of the view that the overseas investment plan using naphtha as raw material was uneconomic, the report said, thus deciding to scrap the Pengerang plan, in a May 6 meeting.

Commercial Times had also quoted a politician as saying Malaysia warned Taiwan on failure to respond to a land leasing application before the end of July will result in the land being passed to a Singaporean petrochemical investment project, and negotiations on the bilateral Free Trade Agreement (FTA) between Malaysia and Taiwan may be affected.

The Taiwanese newspaper found something amiss that Malaysia was rarely mentioned during the Taiwanese Ministry of Economic Affairs' review on its FTA negotiations with Asean countries recently, wondering if it had anything to do with the latest development on Kuokuang investment plan in Pengerang.

Kuokuang had signed a Letter of Intent on land investment with the Johor state government in July 2012. The document stated that the Taiwanese firm should submit its land leasing application by August 1, 2013 and failing to do so was tantamount to giving up (the project).

Commercial Times was made to understand that the investment plan will not be revived as CPC and other major shareholders of Kuokuang do not intend to invest funds amounting NT6 to NT7 billion before Aug 1, for land leasing purposes.

In addition to this, using ethane in shale gas as the raw material for ethylene is far more cost-saving than using traditional raw material naphtha (saving USD300 to USD400 per metric tonne – almost half of the cost of using naphtha). Kuokuang's major shareholders were discouraged in going forward with its investment plan in Malaysia and have shown more interest in investing in US.

simonc

111 posts

Posted by simonc > 2013-07-23 21:56 | Report Abuse

does this mean Pengerang project is unlikely to take off in the near future?

njue76

471 posts

Posted by njue76 > 2013-07-23 22:08 | Report Abuse

No lah rapid under petronas project not Taiwan company......

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