Benalec Holdings Berhad is an investment holding company.
The Company and its subsidiaries are engaged in marine construction and civil engineering, shipbuilding and ship trading, and vessel chartering.
The Company operates in three segments: Marine construction, Vessel chartering and Shipbuilding.
Marine construction includes land reclamation, dredging and beach nourishment; rock revetment works, shore protection works and breakwater construction; pre-bore and marine piling, and construction of marine structures, bridges, jetties, ports and other offshore and ancillary services.
Vessel chartering includes chartering of vessels on time and voyage charters.
Shipbuilding includes Shipbuilding and providing ship repair, maintenance, fabrication and refurbishment services.
In January 2012, it acquired Sentosa Enigma Sdn Bhd and Multi Achievement Sdn Bhd. As of May 28, 2012, Oceancove Sdn Bhd had 52.38% of interest in the Company.
On June 6, 2012, it acquired Goldnet Synergy Sdn Bhd.
The Company and its subsidiaries are engaged in marine construction and civil engineering, shipbuilding and ship trading, and vessel chartering.
The Company operates in three segments: Marine construction, Vessel chartering and Shipbuilding.
Marine construction includes land reclamation, dredging and beach nourishment; rock revetment works, shore protection works and breakwater construction; pre-bore and marine piling, and construction of marine structures, bridges, jetties, ports and other offshore and ancillary services.
Vessel chartering includes chartering of vessels on time and voyage charters.
Shipbuilding includes Shipbuilding and providing ship repair, maintenance, fabrication and refurbishment services.
In January 2012, it acquired Sentosa Enigma Sdn Bhd and Multi Achievement Sdn Bhd. As of May 28, 2012, Oceancove Sdn Bhd had 52.38% of interest in the Company.
On June 6, 2012, it acquired Goldnet Synergy Sdn Bhd.
Entry: RM 1.26
Profit: RM 1.34
Cut loss: RM 1.22
RRR (Risk to Reward Ratio)> 1 : 2
Analysis:
1) Trendline - Above 20MA (Uptrend).
2) Volume: High
3) MACD: Showing Green
4) Smoothed RSI : At 63.6% and hook up. Still not oversold.
5) Support/Resistance: Supported at RM 1.22
6) Beta: --
7) Candlestick: Gap up
8) Pattern: Bullish!
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