so so strong never see sendai to be so resilient like today...as if it wants to go south..but no it stay there, :) my 2 cents and observation say that this is the 1st day miracle of defence of its price had happened...waiting still for RM2.39 as always...what the stock lack is funds...just epf and th ...and indonesia to offer 21 oil and gas sources...well singapore company will be better positioned ...and technic of sendai are well around...and still waiting any new news fr mid east and mrt projects, also development of sendai property sector... wait and just wait...and that 2 cents div is so small but more than wellcome :)
and what sendai needs now is arab investors.. :) just like the 2 counters PPerdana and what u call that LOW YIN (can remember just guessing) of 2 construction companies bought off by the arabs...that 2 well came to RM4 before delisted few years ago
market will had retracement soon, the USD/RM is rising ... from 1:2.99xx to 3.03XX since 6/5/2013, some foreign money is leaving, and distribution is happening and participant Local Retail from peak 33% is start to slow down to 27%, there is insufficient demand to push the price up any more...
just wanted to refresh everyone about BENALEC announcement on 17 May 2013: CIRCULAR TO SHAREHOLDERS IN RELATION TO THE:-
PART A PROPOSED DISPOSAL OF SIXTEEN (16) PARCELS OF LEASEHOLD LAND MEASURING IN AGGREGATE APPROXIMATELY 79.49 ACRES (APPROXIMATELY 321,703 SQUARE METERS) HELD BY OCEANVIEW PROJECT SDN BHD, OCEANVIEW REALTY SDN BHD, HERITAGE LAND SDN BHD AND HERITAGE PROPERTY SDN BHD, WHOLLY-OWNED SUBSIDIARIES OF BENALEC SDN BHD WHICH IN TURN IS A WHOLLY-OWNED SUBSIDIARY OF BENALEC HOLDINGS BERHAD ("BENALEC"), TO OCEANCOVE DEVELOPMENT SDN BHD, STRATEGIC PROPERTY SDN BHD AND OCEANFRONT DEVELOPMENT SDN BHD FOR A TOTAL DISPOSAL CONSIDERATION OF RM96,952,363.20 TO BE SATISFIED ENTIRELY IN CASH ("PROPOSED LAND DISPOSAL")
PART B INDEPENDENT ADVICE LETTER FROM KENANGA INVESTMENT BANK BERHAD TO THE NON-INTERESTED SHAREHOLDERS OF BENALEC IN RELATION TO THE PROPOSED LAND DISPOSAL
AND NOTICE OF EXTRAORDINARY GENERAL MEETING- ------------ 97 million in CASH :)
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....
anbz
5,163 posts
Posted by anbz > 2013-05-23 00:22 | Report Abuse
so so strong never see sendai to be so resilient like today...as if it wants to go south..but no it stay there, :) my 2 cents and observation say that this is the 1st day miracle of defence of its price had happened...waiting still for RM2.39 as always...what the stock lack is funds...just epf and th ...and indonesia to offer 21 oil and gas sources...well singapore company will be better positioned ...and technic of sendai are well around...and still waiting any new news fr mid east and mrt projects, also development of sendai property sector... wait and just wait...and that 2 cents div is so small but more than wellcome :)