Now north america producing shale gas and u expect more drilling projects?
Oil and gas will melt down soon... tp0.54 soon..

My experience I know it will fall below RM0.60...

Rm0.60 by next year. Lowest can go is rm0.54 trust me.. sell now while is high..

Going to reach 0.13 bye bye

Tell you guys next year rm0.60 dont believe

will drop below 0.60 next year

Next year 0.60 trust me

Mati lor....oil no more value...

Bye bye will fall 0.60 next year..

Dreamhunter mari kacau here again

Datuk wish lor..10 cent...u think sumatec ka?

If one day like perisai can reach 1.60 easily

Many get stuck at 0.90...but thheavy still a good buy at this price,,, mainly government bodies investors

Where are all my comrades? Tunggguuuuuu suma will fly.....

In september the newd can be such good just like I post on top

KUALA LUMPUR: CIMB Equities Research has advised investors to accumulate shares of TH Heavy Engineering (THHE) following the recent share price fall brought about by the soft second quarter. 

It said on Thursday THHE’s fabrication business was lumpy but it took comfort in the long-term nature of the floating production, storage and offloading (FPSO) business, which involved an eight +10 years US$372mil contract in May.

“Furthermore, the stock's valuations are undemanding at 9.0 times to 13 times FY15-16 earnings, lower than the sector average of 14 times to 16 times,” it said.

CIMB Research issued the report after THHE proposed to place out new shares of up to 10%, of which the first tranche of 5% or 52.796 million shares would be placed to Pelaburan Mara Bhd (PMB) at 80 sen a share. 

“The gross proceeds of RM42m from the 5% placement will be used to facilitate THHE's yard expansion and FPSO venture. The 5% placement is slated for completion by mid-October,” it said.

CIMB Research said PMB is an investment and asset management company which is a unit of Majlis Amanah Rakyat (MARA), a government agency. PMB is buying a stake in  THHE amidst the latter's operational improvement. 

To recap, THHE went through a rough patch in 2Q, prompting it to make RM9mil provisions for the fabrication and transport & installation businesses.

“However, we understand that the company has returned to the black in 3Q and aims to secure a sizeable fabrication contract by year-end to expand its order book of RM1.5bil at end-August. PMB will be THHE's third largest shareholder, after Lembaga Tabung Haji (LTH) (31.6%) and Tan Sri Quek (9.1%)," said the research house. 

After imputing the new shares from the 5% placement, the research house expects to lower its fully-diluted EPS by 1% for FY14, 4% for FY15 and 4% for FY16.

Just oil price drop...no worries...

Will get back to 0.90 very soon...

Best buy!!!!!!

Tunngguuuuuuuuuuuuuu will bounca back tp rm1.00

Hahaha

Tunngguuuuuuuuuuuuuu

Rm0.40i bought still no worry

Guys this counter will fly soon...

Tunnnnguuuuuuuuuuu follow sanjero!!!!

Tunggguuuuuuuuuuuuuuuuuuuuuuu!!!!!

I bought at 0.4 still no worries

Ivan2222 I see.... just hold for long term..good news always follow bad news..

Ivan2222 why buy during peak?

Can go up...matter of time.

Will fly soon.. trust me...

Willl fly soooooooooooooooooooooonnn

0.285 such a small profit

Good price expected to overshoot 0.30 any time

Now masuk good ptice for daya

Kwap? Kwsp or what?

FLYFLY!!

Will fly u ser

Sure fly soon...

Got hope

Good purchase.. going to fly..

My tp 0.36

High target price

Sure will go up...matters of time

Buy buy buy

Nishin can go up... daya also can

Willlllll fly!!!!!!

Wait............stone will become gold and diamond

Today not bad!!!! Sign of flying soon!!!!

Is matter of time......put in...park there first.... u will see it fly