Let's put our brains together for this...

Guys, "dealing outside close period" = "off-market trades that does not go through the normal procedures like what we're going through and normally via direct negotiation"

Meaning, who else is joining the boat?? Or sell to Taiko Ng?

But why 0.345? it is so cheap!! Private deal... to depress the market to throw at lower price so they can collect more at lower price :)

sheridansulik, i have both THHE & Alam :)
just that i loaded more on THHE..
lets hope the JV will bring more weight to this counter :)
up thh up!! haha...

BMD was awarded a "significant" subsea contrat by Murphy.. THHE shall benefits from this contract via the 30% share-swap with BMD :)
Belum start sudah menang!! :)

Hi, Sheridansulik. Yup, both are good. Just that I put more in the bigger & heavier basket... Waiting for heavy one to move... :)

So, the JV with McD is good deal. What's your view on the JV and valuation of BMD vs THF? Is it fair deal? The value of THF is also not bad...

Sure THH is good. And McD saw the value in it. McD is top class, if they JV with THH, meaning THH must be damn good!! :)

If I am insider. And know the upcoming news goin to push price up... I will surely hold tight tight and sell later.. Why sell cheap??? What's the logic? GO 45, why 345?? What's the upcoming news? Anyone???

This one collect until bullet dah habis pun belum jalan... Due to accumulting this, less money to buy Alam... Alam already sail... Ini tidur lagi... Patient patient patient :)

But sad can't buy more of Alam...

Why Mr Kua selling (throwing) his share in open market? And at cheap rate?

He is selling it CHEAP @ 0.345... ?????.,.

good show!! :)

START ENGINE??... :)

If GO @ 45, price shld fly already...

already 4pm++... no show today??..
anyone with internal news?? :)

thhe for mid to long term... contra sure die... unless damn lucky to catch the bull by the horn... haha.. :)

but must thank the current management team to turn the co around from pn17... hope they will make it a great co like perisai, skpetro..

1. out of pn17
2. more projects = + profits
3. MOU with IOC to strengthen technical capabilities
4. to upgrade Pulau Indah Yard for bigger project
5. Acquire new larger site for more and larger projects
6. RSC will be a bonus and utilization of FPSO asset
7. Add more assets...

It will fly!! Timing... :)

small fire work only... sudah habis ka?.. :)
more to come??? makan makan makan?? :) :)

sudah lama tunggu... tiap kali jatuh, ku tambah.. sampai bullets pun hampir nak habis dah.. tak mau gerak lagi..

ini thheavy betul betul heavy... harap akan naik satu hari nanti...
tunggu, tunggu, tunggu dan tunggu... :) cobaan...

lai liao??

EPS is 1.11 (cumulative period) from 6.71 (cum FY11)...

any comment?

sorry guys, correction. The final contract value is not announced yet. it only mentioned at least RM50mil..

INFORMATION ON THE CONTRACT

Under the Contract, the Company is to undertake the procurement, fabrication and load-out the substructures which form part of the HRD Process Platform Project. The portion of the contract value for the Company is estimated to be at least RM50 million. It is a one-off contract and the scheduled completion date for the contract shall be 20 April 2015.

FINANCIAL EFFECTS

The Contract is expected to contribute positively to the earnings and net assets per share of THHE for the duration of the Contract.

The final contract value is not announced yet. it only mentioned at least RM50mil..

INFORMATION ON THE CONTRACT

Under the Contract, the Company is to undertake the procurement, fabrication and load-out the substructures which form part of the HRD Process Platform Project. The portion of the contract value for the Company is estimated to be at least RM50 million. It is a one-off contract and the scheduled completion date for the contract shall be 20 April 2015.

FINANCIAL EFFECTS

The Contract is expected to contribute positively to the earnings and net assets per share of THHE for the duration of the Contract.

The contact vale for THHE is RM50mil... Good news! But not Great news...
Hope more to come... :)

Added more. If drop, to add more :)

Another +ve points from Starbiz

" other factors to impact prices negatively included the drop in demand from the northern hemisphere, where consumers may switch to edible oils that do not solidify as easily in cold weather, the recent US Department of Agriculture forecast of higher soyoil inventories"

link: http://biz.thestar.com.my/news/story.asp?file=/2012/12/22/business/12492646&sec=business

hmmnn... a strong jv partner for thhe. McDermott also has good relationship with Murphy Oil... it supports the rumors that the jv will be awarded more projects by Murphy..

any expert in O&G industry can comment on this? Of course, invest at own risk.. forum is just sharing of info and ideas...

http://biz.thestar.com.my/news/story.asp?file=/2012/5/10/business/11263783&sec=business

Thursday May 10, 2012
Berlian McDermott awarded deep sea contract

HOUSTON: McDermott International Inc’s Malaysian affiliate Berlian McDermott Sdn Bhd has been awarded a significant subsea contract for executing a deepwater engineering, procurement, construction, transportation, installation and commissioning project offshore Malaysia.

In a statement, McDermott said the value of the contract was included in it’s first quarter 2012 backlog.

It said the award was for the subsea infrastructure of the Siakap North – Petai (SNP) Development Project operated by Murphy Sabah Oil Co Ltd, comprising rigid flowlines, flexible risers, an umbilical and subsea hardware and controls. The SNP field is located nearby the existing Kikeh field, northwest of Labuan Island, in waters 3,900-4,900 ft deep.

For those wish to sell pls key-in desire price & good luck & happy making profit$$...

For those wish to keep as investment, opportunity to accumulate comming...

Happy trading :)

Yang penting Duit Mashuk!! Haha... Right, Matsaham?

sounds like thhe will jump cliff AGAIN on Monday.. haha.. :)
good lucks guys!! :)

MOU only... No RSC project...

Sheridansulik seems like u know some history. Mind to share?
In your view, is it good or bad?
U in O&G line?

So Monday gap up or gap down? Haha

Thanks :)

Is this the news?? Or has more??

McDermott and THHE team up in Malaysia
http://www.upstreamonline.com/live/article1301290.ece

Thanks... Agreed that price shall move higher very soon.

Also, I think scomi will get projects soon... Can't be holding award for so long.. :)

Keys hope it will not jump off the cliff this time... Haha..

What's your TP matsaham? Thanks for your uptrend advice previously :)

This counter is so quite lately.. Hope it will starts to move today..
What is the most achievable TP? 0.50? 0.60?

Let's wait for details of the deal. Thhe may tail skpetro & MHE evolving into a major oil & gas player under Tabung Haji Umbrella.. TH has been showing its interest in O&G by buying share of many O&G player like Alam, Dayang, etc.

Go THHE go up high high, higher higher!

Thanks to its CEO En Nor Badli & TH management too

:)

Let's see the details of the deal first. May wants to keep for mid term. Price may go 1.40

Any advice??

Happy for everyone making $$$$ :)

wow!! suddenly wake up and jump so high...

thanks, matsaham. hope it will go up further. :)

really like your comment. straight to the point!! thanks!!

very heavy.. so hard to go up.. many sellers..

so, is up or down after suspend?...
anyway, i think the fundamental of this ctr is good. hold for mid term
target 0.80 :) :) hope can achieve..

If not mistaken, Lim Boon Long is the brother, Lim Boon Ling is sister.. Anyone can verify this? Is 2 persons... :)

Think price will move after announcement of biz plan or injection of new biz... Or the new team goreng the share :)

Really? Confirm news? Already heard many rumors on this counter. If true, better add more tomorrow :)

Thanks!! :) let's make $$$ together!!

how to know profit taking is over? any sifu here can share the indicator?

i am just hoping today close 0.565/57... sikit-sikit lama-lama jadi bukit

let the price up after news, dont jump off the cliff this time.. :)

Saya masih simpan lagi... Tunggu >0.70.. hope can reach :)

Ramai sudah profit dan cabut kah?

Ini kaunter boleh invest? I am thinking mid term, wait for it to reach 0.80

Price should go higher after RSC contract. May go 0.60 or higher, I think.

Price soften maybe due to Typical sell on news tactic again?? Haha..

Trust Matsaham, this counter still uptrend :) And it should go up with clear earning steam :)

go thh go go go up up up :)

afifi, good news!! :)

your news so accurate? what time mou also u know??.. u work in THHE??

Agreed. THHE good investment. Price will fly once agreement confirmed

other small to mid cap Oil & Gas play like Perisai & Perdana is trading above 1.00. Quarter EPS also around 2.+. 

THHE should move to that direction once earning stream is clearer & IB starts to cover this counter when it win more contracts. And that is not far from now

any sifu here can advice?

Chart wise, THHE is uptrend. Price will continue to move higher :)

RSC contract!! Huge contract!! This is great news. It can generate long term income & improve earning clarity of thhe. This will definitely support & stabalize thhe share price as earning stream is clearer now. Price shall move higher & stabalize :) :)

Add more tomorrow :)

volume sudah mali... someone keep makan... good sign..

chart also uptrend :)

target 0.615 dulu.. :) then 0.70 then 1.00 step by step.. patient :)

good good.. hope your news is true.. volume coming, a good sign..

lebih penting, ada projectsssss!! haha.. RSC, FPSO, HUC, Fabrication..

good luck!! :)

afifi, betul ke news anda? big fund nak buy THH share? kalau betul, harga akan terus roket hari ni.. maybe 0.60.. haha :)

Ini Chin Mtronic bukan Chin Boon Long... Tak de siapa tau siapa ini Chin Mtronic.. Anyone has any info to share about the new team?

can thh price >0.70? or 1.00? possible!!
of course, depending on contracts win and co exercise :)

thh owns a fabrication site & 1 fpso. financially backed by tabung haji. low borrowing. cash in bank.

thh may win a RSC project. big contract, long term, good margin. it owns a FPSO! if a fpso win by perisai can rock its share price, why cant a fpso win rock thh price? furthermore, thh owns the fpso 100%!

thh also bidding for HUC tender and expect to win at least one. another good revenue.

thh will win some additional fabrication job. $$ in.

thh financial is strong, can expand assets in future. maybe some M&A? sendai can buy into Technip Sg, thh also can.

thh owner, th (cash bank), also own share of other local players like Alam, Waseong, etc. possible for M&A, to make a major O&G player under tabung haji umbrella?

thh owned by th. should be able to shield it off some political risk compare to other counter?

now the question is, how good is thh management to turn the counter around. look at how izzat turn perisai into such a solid O&G play from a pipe laying co...

anything is possible in biz. just depends how good is the cheft!! :)