Posted by BobGail > 2023-05-25 04:20 | Report Abuse

Started position. Ticks all the boxes looking for some small cap exposure in the oil and offshore services.

Posted by positiontrader > 2023-05-25 17:33 | Report Abuse

Posted by bb1788 > 19 hours ago | Report Abuse

Technical don't work on weak market, guess u and rest sellers shorted..

My comments:
Technical analysis still works in weak market provided there is sufficient trading volume/liquidity
Do not apply technical analysis in illiquid or low trading volume stocks/markets. It is not reliable in this instant

As for MHB, the trading volume is low and illiquid. Technical analysis for MHB not so reliable. Need to apply fundamental analysis for this stock

Fundamentally, MHB is bullish. Reasons:
1. MHB had 5 continues quarters of rising profit reported
2. MHB orderbook as of 1Q23 stands at MYR7.2bn, a record high
3. Kasawari project, 79.8% completed, Jerun project 57.1% completed. Expect big profit to be realized next quarter as these projects are normally back-loaded

Posted by positiontrader > 2023-05-25 17:42 | Report Abuse

MHB is an illiquid stock and can be manipulated via technical analysis too appear as bear stock. Big Speculators trying to frighten retailers to sell the shares at depressed price.
As a Position Trader, recommend to HOLD onto your MHB share and ACCUMULATE MORE if you have extra cash.
Expect big harvest 6 months down the road
Cheers

Posted by sunnyguy > 2023-05-26 13:55 | Report Abuse

Sapura Energy also have many other business segment that MHB didn't venture in yet.

Posted by positiontrader > 2023-05-26 16:23 | Report Abuse

Posted by Raja138 > 2 days ago | Report Abuse

No point arguing and criticizing, we are here to share info and try make some money and try not to loose money lah, No need to challenge each other, if i wanna respond, you also can go ahead and accumulate more MHB at this level!! No point becoming a hero in this forum! Good luck to all of us!

My Reply
I'm a humble position trader, trying to make a living
I'm just stating the facts and do not wish the innocent, greedy, desperate retailers got con by the big speculators and their cronies
Cheers

Posted by positiontrader > 2023-05-27 13:10 | Report Abuse

Raja138

https://theedgemalaysia.com/node/668752

2 hours ago


"Sapura Energy brings in former top staff of MHB and Petronas as directors"
My comments: They are appointed as non-executive directors, most likely acting as advisers without authority to execute any final decision on behalf of Sapura Energy, MHB or Petronas Furthermore, they are ex-staff of MHB and Petronas. They left MHB and Petronas for reasons I do not know and also do not wish to know
By the way, most likely, the non-executive directors are compensated for their time through fees, equity and cash payments

Posted by positiontrader > 2023-05-27 13:16 | Report Abuse

Raja138

Positiontrader, Good for you, can buy more MHB at this level since you are just stating the facts and do not wish the innocent, greedy, desperate retailers got con by the big speculators and their cronies. Have faith with MHB!

My comments:
Raja 138, as you said earlier, no point arguing and criticizing. Six months (maybe three weeks) down the road, we will know the answer, who is right.
Cheers, Happy trading

Posted by scott88 > 2023-05-29 14:23 | Report Abuse

this statement come out from petronas is good news for MHB, MHB the price can assume go back 60cents above

Posted by Michael Kwok > 2023-06-01 21:32 | Report Abuse

Sell 52-53 cents
Tp 30 cents range
1/6/23 9.32pm

Posted by positiontrader > 2023-06-07 12:57 | Report Abuse

As a Position Trader, strongly recommend to ACCUMULATE MORE around 50 sen
Big reward will come 6 months down the road
Cheers

Posted by sunnyguy > 2023-06-07 15:37 | Report Abuse

broker code 087 is from RHB IB

Posted by sunnyguy > 2023-06-07 16:04 | Report Abuse

it's Q1 2023 below market expectations also... Hope that the coming Q2 result will be better

Posted by kmchua888 > 2023-06-09 12:01 | Report Abuse

Petronas privatize and merge it with Sapura Energy?

Posted by rohank71 > 2023-06-10 00:02 | Report Abuse

waste time discuss the merger. it will not happen. if any mhb buy good assets only.

Posted by Vincent8864 > 2023-06-19 18:54 | Report Abuse

Higher PETRONAS capital expenditure to spur sector | https://www.klsescreener.com/v2/news/view/1162845

Posted by rohank71 > 2023-07-08 17:11 | Report Abuse

MHB had volume last 2 days. anything happening?

Posted by Rowie > 2023-07-11 12:10 | Report Abuse

Foreign selling
Broker code 035

Posted by rohank71 > 2023-07-11 14:06 | Report Abuse

another sell down day

Posted by Rowie > 2023-07-11 14:20 | Report Abuse

just like ASTRO if u have foreign selling
wait till finish

Posted by sunnyguy > 2023-07-11 15:02 | Report Abuse

sell from JP Morgan securities account

Posted by qqq668 > 2023-07-11 20:58 | Report Abuse

Broker 31 also always in the market to manipulate the stock price.
Yesterday the selling was mainly from alliance broker. They rotate, the other day was done by PB broker.

Posted by qqq668 > 2023-07-11 21:00 | Report Abuse

Time to buy MHB big time, the press down, yesterday, they push up in the morning. Followed by dumping in the afternoon. This kind of heavy manipulation will scare the retailers away. Many know the potential of MHB , price is pretty attractive now. The 2 months consolidation is almost done. Waiting to be lifted up again. Stay invested .

Posted by rohank71 > 2023-07-14 03:43 | Report Abuse

oil rally up...Time to load up.

Posted by EAGLE > 2023-07-25 10:28 | Report Abuse

lai lai lai

Posted by azfar8 > 2023-07-26 17:49 | Report Abuse

wow, down 4.3% in +12.5 point up market... Not good...

Posted by azfar8 > 2023-08-04 12:21 | Report Abuse

apa cerita ini MHB, drop continuously since market up from last week. 🤔😵

Posted by scott88 > 2023-08-04 12:48 | Report Abuse

Tiada Q result keluar profil untung atas berpuluh juta , jaga harap harga share akan naik balik.
Project banyak dan besar tapi tak untung...😂😂

Posted by scott88 > 2023-08-04 12:51 | Report Abuse

GLC company macam tu...semua board member (chairman, CEO, COO, manager manager) gaji besar-besar tapi tak tahu buat kerja😁😁😁

Posted by Albukhary > 2023-08-04 13:01 | Report Abuse

Petronas is a well managed company.
But don't know why those indirect subsidiary that under Petronas (which not carry the Petronas brand name) is managed like a shit.

Posted by scott88 > 2023-08-04 14:16 | Report Abuse

Hahaha..
Go to FB look MHB CEO active & relax post masak-masak / jalan jalan makan saja..
Kerja senang dan relax saja di mhb😁🤣

Posted by EAGLE > 2023-08-07 09:50 | Report Abuse

dividend coming ka?

Posted by speakup > 2023-08-16 14:52 | Report Abuse

wow terrible results! but share price move up from 35sen to 75sen!
WELCOME TO CASINO DE BURSA!

Posted by SEED > 2023-08-16 15:50 | Report Abuse

disappointed!!!

Posted by qqq668 > 2023-08-16 16:19 | Report Abuse

Covid time, they gave impairment of 400 million. Now almost same, but diff, revenue a lot more ( rm600 million more ) , business more, but receivable more due to delay, so can't be taken in, show a big loss, the big boy dump to buy cheaply. Record business on hand, the carbon capture project secured, more renewable projects coming in. Oil price is heading higher. Next quarter result will show big improvement. Collect cheaply

Posted by EAGLE > 2023-08-16 16:33 | Report Abuse

yes sell cheap2. can collect.

Posted by scott88 > 2023-08-16 16:37 | Report Abuse

big waterfall coming...
back to 40cents

Posted by EAGLE > 2023-08-17 11:03 | Report Abuse

drop some more

Posted by Icon 888 > 2023-08-17 15:59 | Report Abuse

Wait 0.40

Posted by positiontrader > 2023-08-29 00:05 | Report Abuse

BUY, BUY, BUY
Cheers😋🙂
V

Posted by NinjaInPyjamas > 2023-09-02 09:27 | Report Abuse

Management execution and planning seems and proven to be weak. I foresee more inflation coming and staying sticky. I think will achieve growth but not to their full potential. Saying this, there are many other weaker managed companies elsewhere. Just cant go in big on this counter.

Posted by qqq668 > 2023-09-06 21:47 | Report Abuse

Mhb fr 44 cent to 52.5 cent. When it was hovering at 44.5 to 46, many are calling it may drop to 40 cent. Today mhb is standing tall at above 50 cent. Continue to climb, way below it's value at 50 cent level.

Posted by Icon 888 > 2023-09-19 11:45 | Report Abuse

Oil 95.. wat If 100

Posted by Icon 888 > 2023-09-19 23:44 | Report Abuse

Oil bull to USD 100

Posted by Icon 888 > 2023-09-20 21:10 | Report Abuse

Seem hopeless

Posted by Icon 888 > 2023-09-21 15:25 | Report Abuse

Can bye

Posted by Icon 888 > 2023-09-22 11:22 | Report Abuse

Useless stock.. bye

Posted by Icon 888 > 2023-11-08 14:53 | Report Abuse

Told u..

Posted by scott88 > 2023-11-08 14:54 | Report Abuse

harga dunia minyak tak baik - rugi besar. harga dunia minyak baik - lagi rugi besar....hahahaha

Posted by SEED > 2023-11-08 15:16 | Report Abuse

can someone tell me what happen to this company? keep on losing money! hopeless !!!

Posted by scott88 > 2023-11-08 15:19 | Report Abuse

The MD pandai goreng sotong la sampai hujung bulan ini