mhb is a good test on yr patience. Having pushing way below of its value, the sharks are collecting slowly and steady. this stock is under their control. they always try to kill traders who think it is low, wanting to pocket some quick money. the sharks will sell it down so you hv to exit as a loser. but if you hv the stamina, this stock can double in a year time. it may go up until you could not believe it !!!
It I s MHB’s expected return to the black this year which is particularly satisfying. After two years of cost-cutting measures, the loss-making offshore service provider is starting afresh and looking for opportunities onshore and abroad. With plenty of oil and gas (O&G) to be transported, its marine segment is looking to make some good money
Thank You Jetli for yr sharing. 25% of Mhb business is ship repair, maintenance, upgrade and modification. This business is doing very well as the tanker rate is very good.A lot of ships are sending in for various maintenance and repair job in MHb yard. Mhb has been chalking up less profit over the last 2 years, It is still a profit making co, since the day it listed in 2011. Unlike other oil n gas counter which has slipped into red. Moreover it is a net cash co, the balance sheet is strong, may be they will be aquiring other oil n gas co. Nta has been improving. but almost all the analyst hv negative call on this counter. Funny right???The reason I hope u know best! I am a follower and trader on this counter since it got listed in 2011. Looking at the speed they pushed up fr rm 5 to rm 8, you can imagine how illiquid this stock is, so if the outlook improving, and after they hv collected enough, the speed it goes up would be fast too!
mhb is doing well, cash balance is increasing, yard fully booked, expectation of securing more projects fr Rapid is bright !!! Dream will become reality
A one day show???? MHB is not bad in terms of balance sheet...somemore oredi drop like shit for the past few years...worths a bet....Petronas never die
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....
chasz
231 posts
Posted by chasz > 2016-03-08 09:51 | Report Abuse
even oil 50 this counter wont up