MALAYSIA MARINE AND HEAVY ENG

KLSE (MYR): MHB (5186)

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Last Price

0.48

Today's Change

0.00 (0.00%)

Day's Change

0.475 - 0.48

Trading Volume

881,100


6 people like this.

3,246 comment(s). Last comment by sunnyguy 1 week ago

sharewiz118

1,880 posts

Posted by sharewiz118 > 2020-06-08 23:57 | Report Abuse

Brent Crude oil price drop again sigh .... like that how to fly ?

sharewiz118

1,880 posts

Posted by sharewiz118 > 2020-06-09 00:15 | Report Abuse

tomolo sure got monkey start panic selling liao

aliyusof

1,393 posts

Posted by aliyusof > 2020-06-09 06:00 | Report Abuse

President of petronas "moved" to MAS which is a collapsing company.. High level politicians or government or big well connected ppl not happy with him? Needed more dividends from Petronas? He very good and honest guy managing petronas prudently, was told.

aliyusof

1,393 posts

Posted by aliyusof > 2020-06-09 06:04 | Report Abuse

Pay more dividends to fund 2 nos stimulus package announced so far by government due to Covid 19 ?? Then much less money for development budget? Possible scenario

Steve Ooi

264 posts

Posted by Steve Ooi > 2020-06-09 10:18 | Report Abuse

Shark still pressing price below 50sen to collect. Be patient for that, buying interest is still there, wait for value unlocked.

johotin88

385 posts

Posted by johotin88 > 2020-06-09 17:37 | Report Abuse

Not able to perform even when the overall market is so bullish. Don't know what will happen when the market undergoes correction.

Ivan89

1,479 posts

Posted by Ivan89 > 2020-06-09 18:26 | Report Abuse

just buy, Nth to loss while price below 0.50

up2up

93 posts

Posted by up2up > 2020-06-09 20:07 | Report Abuse

Since the available share in the market are very less, thus it is very easy to control or manipulated by shark. Be patient.

Posted by jieyang0428 > 2020-06-11 13:18 | Report Abuse

no hot money la

johotin88

385 posts

Posted by johotin88 > 2020-06-11 14:27 | Report Abuse

0.48 broken. Some traders may choose to exit.

lanunlaut

12 posts

Posted by lanunlaut > 2020-06-11 17:20 | Report Abuse

RUBBISH STOCK..

apanama

3,796 posts

Posted by apanama > 2020-06-11 21:36 | Report Abuse

Come to papa at 30sen..

johotin88

385 posts

Posted by johotin88 > 2020-06-15 15:46 | Report Abuse

When the markets rallied it didn't follow but when market drops it follows to drop 10 percent. What a hopeless counter!

Davidl

1,811 posts

Posted by Davidl > 2020-06-18 14:33 | Report Abuse

Be patience, time to accumulate!

up2up

93 posts

Posted by up2up > 2020-06-18 21:54 | Report Abuse

Good, look like most of our investors in this forum have the patience to wait.

up2up

93 posts

Posted by up2up > 2020-06-22 23:08 | Report Abuse

Any one know the status of the below compensation as MHB announced on 4th June, by when they can receive the USD21.52 Mil:

By way of background, MHB’s fully owned subsidiary company, Malaysia Marine and Heavy Engineering Sdn. Bhd (“MMHE”) commenced two (2) separate adjudication proceedings under CIPAA against E.A Technique (M) Berhad (“EAT”) for additional work performed under the Contract pursuant to Additional Work Orders (AWOs). In the first Adjudication proceedings, it was determined by the Adjudicator on 27 May 2019 that MMHE is entitled to payment in the principal sum of USD21,520,006.38 together with interests and costs (“1st CIPAA Decision”). In the second Adjudication proceedings, it was determined by the Adjudicator on 4 December 2019 that MMHE is entitled to payment in the principal sum of USD6,066,995.71 together with interests and costs (“2nd CIPAA Decision”).

mf

27,982 posts

Posted by mf > 2020-06-23 08:35 | Report Abuse

Oil jumps more than 1%, settles above $40 for first time since March

ViWizard

780 posts

Posted by ViWizard > 2020-06-23 15:42 | Report Abuse

any news from agm today?

johotin88

385 posts

Posted by johotin88 > 2020-06-24 16:27 | Report Abuse

Heavy selling pressure. Probably bad quarter results?

Posted by jieyang0428 > 2020-06-24 17:14 | Report Abuse

When the qr out?

Posted by RLSB2020 > 2020-06-25 13:42 | Report Abuse

Qr already out 29/4/20.

lanunlaut

12 posts

Posted by lanunlaut > 2020-06-25 15:40 | Report Abuse

Recent Development in respect of the Adjudication Proceedings under Construction Industry Payment and Adjudication Act 2012 (“CIPAA”)



By way of background, MHB’s fully owned subsidiary company, Malaysia Marine and Heavy Engineering Sdn. Bhd (“MMHE”) commenced two (2) separate adjudication proceedings under CIPAA against E.A Technique (M) Berhad (“EAT”) for additional work performed under the Contract pursuant to Additional Work Orders (AWOs). In the first Adjudication proceedings, it was determined by the Adjudicator on 27 May 2019 that MMHE is entitled to payment in the principal sum of USD21,520,006.38 together with interests and costs (“1st CIPAA Decision”). In the second Adjudication proceedings, it was determined by the Adjudicator on 4 December 2019 that MMHE is entitled to payment in the principal sum of USD6,066,995.71 together with interests and costs (“2nd CIPAA Decision”).



EAT applied to the High Court to set aside and/or stay the 1st CIPAA Decision and 2nd CIPAA Decision pending the disposal of arbitration proceedings. In turn, MMHE applied to enforce the 1st CIPAA Decision and 2nd CIPAA Decision.



It has been brought to our attention by MMHE’s solicitors, Messrs Mohanadass Partnership, that EAT’s application to set aside the 1st CIPAA Decision has been dismissed and, in turn, MMHE’s application to enforce the 1st CIPAA Decision allowed by the Kuala Lumpur High Court on 1 June 2020. Full grounds of judgment of the Learned Judge, YA Dato Lim Chong Fong are expected shortly. Following this, the High Court will now proceed to hear EAT’s stay application on 13 July 2020 and directions have been given in respect of the filing and exchange of affidavits and written submissions.



In respect of the 2nd CIPAA Decision, the setting aside and/or stay application by EAT is pending before the High Court. The Case Management is fixed for 10 June 2020.



In parallel with the above, the Arbitration proceedings are fixed for Oral Submissions/Clarification on 16 June 2020. The Evidential Hearing has concluded in November 2019.





This announcement is dated 4 June 2020.

NESARAJAH1

395 posts

Posted by NESARAJAH1 > 2020-06-25 15:45 | Report Abuse

Losing so much. Everyday drop

johotin88

385 posts

Posted by johotin88 > 2020-06-25 16:12 | Report Abuse

A lot of big volume throw since yesterday.

lanunlaut

12 posts

Posted by lanunlaut > 2020-06-25 16:27 | Report Abuse

Must go agm.. Terminate old management

lanunlaut

12 posts

Posted by lanunlaut > 2020-06-25 16:38 | Report Abuse

Everyday down.. Dead counter

johotin88

385 posts

Posted by johotin88 > 2020-06-25 17:32 | Report Abuse

Better run away if tomorrow it rebounds a bit.

lloydlim

3,940 posts

Posted by lloydlim > 2020-07-03 14:10 | Report Abuse

Time to accumulate!

lanunlaut

12 posts

Posted by lanunlaut > 2020-07-03 15:34 | Report Abuse

Sell..sell sell.

dompeilee

11,888 posts

Posted by dompeilee > 2020-07-06 17:19 | Report Abuse

Bought MHB @ 42c

123eztrade

642 posts

Posted by 123eztrade > 2020-07-09 00:09 | Report Abuse

haiz...back to support level again....all oil stocks still sleeping....have to wait again

firehawk

4,777 posts

Posted by firehawk > 2020-07-09 00:15 | Report Abuse

crude oil still no rise :-(

Posted by HaroldHuong > 2020-07-09 07:37 | Report Abuse

I want to buy 0.380

tkf388

3 posts

Posted by tkf388 > 2020-07-15 00:39 | Report Abuse

buyy 0.38?

tkf388

3 posts

Posted by tkf388 > 2020-07-15 00:40 | Report Abuse

macd bullish, Rsi oversold..

Davidl

1,811 posts

Posted by Davidl > 2020-07-19 12:40 | Report Abuse

Time to accumulate!

Posted by HaroldHuong > 2020-07-23 15:38 | Report Abuse

Bad results

Posted by HaroldHuong > 2020-07-23 15:39 | Report Abuse

Price still haven't drop.....

firehawk

4,777 posts

Posted by firehawk > 2020-07-23 16:08 | Report Abuse

Ha Ha Ha :D

Let's see tmr and after .....

tt101

1,298 posts

Posted by tt101 > 2020-07-23 17:05 | Report Abuse

very efficient hor. result qtr end 30 June 2020. Took 23 days nia. Normally few months only can announced.

Shines

2,753 posts

Posted by Shines > 2020-07-25 07:53 | Report Abuse

It shows nothing else to do

firehawk

4,777 posts

Posted by firehawk > 2020-07-27 09:34 | Report Abuse

So, those want to buy @0.38, 0.37, even 0.36 ... this ctr won't disappoint u .....

johotin88

385 posts

Posted by johotin88 > 2020-07-27 15:38 | Report Abuse

Luckily already sold. Won't touch anymore oil and gas counter for the time being.

kilrathi

303 posts

Posted by kilrathi > 2020-07-27 17:26 | Report Abuse

Why when it was 38, 40.. ppl say buy good value... Now 34 no noise already??

Posted by sunshine90 > 2020-07-28 00:05 | Report Abuse

Cash level at 38 cents, and no debt , basically, at current 34 cents, it is considered as free

Posted by sunshine90 > 2020-07-28 00:06 | Report Abuse

Limbahyong fpso is going to re activate, stay tune.. MISC YInson JV sure need MHB’s support to fulfil local content requirements.

Romyzam

235 posts

Posted by Romyzam > 2020-07-29 19:28 | Report Abuse

Very cheap. Accumulating...

robertwts

126 posts

Posted by robertwts > 2020-07-31 17:58 | Report Abuse

0.34? Shit

dompeilee

11,888 posts

Posted by dompeilee > 2020-08-06 14:51 | Report Abuse

Bought some MHB @ 35c because of the rising oil price.

Romyzam

235 posts

Posted by Romyzam > 2020-08-06 15:22 | Report Abuse

Haaa rising sudah. Bila murah kata shit la, no hope la. Beginer mindset always like that.

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