tp negative (if that was possible) This has been a crap company for so long, they don't know how to be successful anymore. If Petronas owns 67% of the shares, why don't they go into the MMHE boardroom and kick some ass? If any fanboys out there don't believe me, read some of the analyst reports, especially from MIDF and TA Sec. There are just way too many well-run, exciting companies on the bursa to waste money on these losers.
this company is run by French idiots, goons and morons; and an Englishman, a german, a Korean and some Singaporeans. You need to kick the PETRONAS big boss first
this counter still playable. Yes this is right MHB is in down trend since IPO. Every stock have its bottom price either is growth stock or value stock. if we look at the past historical price trend, every time the price to down below to RM3.40 will go up after that. we can conclude that current price range is mispricing for MHB.
The reason MHB going up because of the jv between MMHE and technip, but for the long term of investments, MMHE company is kind of company that will bidding 1 big project, and then will have no project for a year.
Next AGM possibly can propose fired his permanent CEO and out source form the consultant firm, since during no project period the CEO seems like an extra burden lol
@azamodyssey, agree with you, now the silent mode is for the havoc later. it is quite safe to enter now. i am in, but off course not all in, end of year or early next year, i am confident they will announce projects...
Such a good counter like MHB has been going down south since april 22. Seem like its time to move upwards. Thought of accumulating some before miss the boat.
Hustle it bleeds non stop.. rite now o&g sentiment doesnt paint gud pic.. got lots of cannon ball but currently eyeing other counter to maximize profit.. itchy hands.. :)
Heard that they will use bigger drill to increase the productivity and high possibility our local petrol price will reduce 0.80 per liter in these few days
My own opinion, our country should learn from Thailand. Reduce oil export, all the local oil producing only use for own country consumption. With this strategies, all citizens can use cheaper fuel supply, further more can totally eliminate the petrol subsidies and inflation automatically reduce due to lower fuel price, can consider as a win-win situation.
OnG company will get more revenue, since don't need to hedge about currency exchange or demand from the international or even don't need to care about the international oil price.
Just take Gold as an example, you thought all the Gold smith at our country really follow the actual international price? Then you are wrong, even bank that provide paper Gold also cannot do that. When international Gold price drop, the Gold price still remain at a fix price that they willing to sell for you.
Why not set for own country oil price? Foreigner want to buy go ahead, don't want to buy just get your ass out here. Lots of citizen don't know that our oil is more quality compared to others country oil production, that's why it always sell to others counter with more higher price.
Holy shit, how come RON97 still not reduce the price yet? Don't think so, it is a subsidiary items. If not mistaken, it should be lower price than RON95 now.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
maxlim
322 posts
Posted by maxlim > 2014-05-02 12:41 | Report Abuse
tp 4.30