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Overview
Financial HighlightHeadlinesBusiness Background Malaysia Marine and Heavy Engineering Holdings Bhd is a marine and heavy engineering solutions provider for a range of offshore and onshore facilities and vessels. The company operates through three segments. Its Heavy engineering segment is engaged in the provision of service for oil and gas engineering, construction and conversion works. The Marine segment offers repair services and dry docking of liquefied natural gas carriers. Its Other segment comprises of supporting divisions to the group operations and sludge disposal management. In addition, to marine and other services, it also renders industrial training and competency development programs.
6 people like this. jenabchen123 Directly oil n gas related. With slurry of cape and opex declared and all new blocks being awarded, the counter surely will run together with others. Good to keep some so as not to miss the boat. 28/01/2024 9:07 PM wongchin This mhb wing broken already n cant fly anymore. Maybe crawl around can la. Hehe 02/02/2024 9:13 PM cashflowman Poor management resulting in provisions and inefficiency. They should be taken to task 15/02/2024 10:04 AM ysyap84 See whether can stay at 0.47 today or not. otherwise temporary lost momentum. Short Term TP : 0.49 14/03/2024 11:59 AM ysyap84 POC - 0.48, if can breakout this will fly, formation of VCP pattern if can breakout 0.48. TP: 0.51. 21/03/2024 6:48 PM scott88 Better ask Petronas group share buy back and delisted in bursa market list... 02/04/2024 4:03 PM rohank71 dream on and dream away... this is a loss-making company for MISC to support their business. 03/05/2024 2:06 AM rohank71 dream on and dream away... this is a loss-making company for MISC to support their business. 03/05/2024 2:06 AM scott88 Good news CEO n MD ,Ini baru betul positive profil. Tak macam ex CEO n MD Mr. Tak Pandai urus kerja n tak pandai jaga share holder 24/05/2024 1:59 PM SEED omg, I can't believe my eyes after reading the 1st quarter financial results they have just posted. hope they will keep it up and follow by giving dividend, bravo!! 24/05/2024 3:05 PM bjtoto The Board of Malaysia Marine and Heavy Engineering Holdings Berhad (MHB) is pleased to announce that its wholly-owned and major subsidiary, Malaysia Marine and Heavy Engineering Sdn Bhd (MMHE) has recently entered into a subcontract to build an offshore substation (OSS) high voltage direct current (HVDC) platform consisting of topside and jacket (Subcontract) from Petrofac International (UAE) LLC (Petrofac). This significant contract, valued at approximately RM1.5 billion, underscores MHB's commitment to clean energy infrastructure development. 04/06/2024 2:50 PM NickelLee RM1.5bn Contract Win; Second Win(d) and More To Come. MMHE announced yesterday that it has secured a subcontract worth RM1.5bn to build an offshore substation at a wind farm in the Netherlands. The fabrication works of the substation platform — which receives power produced from the wind farm and stepped up before being transmitted onshore — will begin in 2025 for 36 months. With this award, MMHE’s order book stands at RM6.9bn, giving it a Price to Order Book Ratio of 0.1X only. Simply putting it, with annual revenue recognition of RM2.0bn, the current order book could last through 3.5 years if no contracts were further tendered. For MMHE, this is their second offshore wind contract after they secured the first one in November 2023 for the manufacturing of the OSS HVDC platform for the IJmuiden Ver Alpha project in the Netherlands. In addition, MHB and Petrofac said they will collaborate towards the possibility of another OSS of similar size. 05/06/2024 9:55 AM Ron90 problem with this counter, Heavily controlled by institution, 80% shares.. less room for manipulation and pundits.. same case with MBSB. Untung ratus juta pun will not move, harap dividen jer.. 06/06/2024 4:17 PM NickelLee https://klse.i3investor.com/web/blog/detail/MMHE/2024-06-05-story-h-159877290-MHB_5186_KL_Unloved_By_Many_But_Deep_Deep_Value_Fast_Rising#google_vignette 07/06/2024 11:19 AM NickelLee This stock needs a lot of heavy lifting , like their projects .... measured in thousands of tonnes 07/06/2024 11:50 AM sunnyguy It need to announce at least 2 consecutive good QR + a good dividend payout to obtain investor's attention. 07/06/2024 9:24 PM Ron90 1 billion revenue, only 1% profit.. pathetic. Should change the CEO. That's why even got billion worth of project, no use.. same like Sapula history.. got billion2 worth of project, some more far away from Malaysia.. logistic issues, cost high to pay expat, travelling, etc.. profit all gone. The first thing they should do.. improve profit margin 12/07/2024 8:31 AM dompeilee Averaged DOWN 10.5k @ 46.5c to bring my holdings to over 50k for the first time ever. Within months, likely in the 2025 qtrs, it should reflect more consistent 5-8% ROE on their $5.7billion order book. 21/08/2024 2:56 PM UnicornP Now oil stocks have rallied hard. Whenever oil stocks rally, market will crash soon after. When market crashes, oil price will crash. And MHB typically slide hard on oil price crash. 24/08/2024 1:04 PM SEED 3rd quarter result came out, profit 99,653 but share price never go up! what about the dividend? 14/11/2024 10:31 AM | |