MALAYSIA MARINE AND HEAVY ENG

KLSE (MYR): MHB (5186)

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Last Price

0.42

Today's Change

-0.015 (3.45%)

Day's Change

0.41 - 0.43

Trading Volume

1,136,600


6 people like this.

3,258 comment(s). Last comment by SEED 1 week ago

scott88

413 posts

Posted by scott88 > 2023-02-13 17:22 | Report Abuse

Rm1 above soon

dompeilee

11,888 posts

Posted by dompeilee > 2023-02-13 17:25 | Report Abuse

Clear all the diehard gambler ghosts & lembaga tabung RUGI & $1 will be reached within the week! =D

lloydlim

3,970 posts

Posted by lloydlim > 2023-02-13 23:15 | Report Abuse

We shall see price trading at above 90cts. soon.

dompeilee

11,888 posts

Posted by dompeilee > 2023-02-14 07:36 | Report Abuse

Even bankrupt Sapura Energy can have a mkt cap of 900 mil when its profit last qtr was barely over 10 mil. MHB is cash rich, net cash & already busy working until at least 2026. Something is absurdly wrong with a mkt that gives it a value of only 1.2 bil.

dompeilee

11,888 posts

Posted by dompeilee > 2023-02-14 14:56 | Report Abuse

Kancheong spiders start to sell...good good...got chance for more accumulation @ lower prices :)

dompeilee

11,888 posts

Posted by dompeilee > 2023-02-15 17:25 | Report Abuse

Contra kaki cutting loss kekeke

dompeilee

11,888 posts

Posted by dompeilee > 2023-02-16 09:44 | Report Abuse

Come to me, darling...am shamelessly Q-ing to buy @ 73.5c :)

dompeilee

11,888 posts

Posted by dompeilee > 2023-02-16 09:48 | Report Abuse

Got some this morning... :)

Icon 888

2,301 posts

Posted by Icon 888 > 2023-02-16 14:56 | Report Abuse

Potong stim

dompeilee

11,888 posts

Posted by dompeilee > 2023-02-16 14:58 | Report Abuse

Bought more @ 72c

dompeilee

11,888 posts

Posted by dompeilee > 2023-02-16 15:03 | Report Abuse

Those who chase with no $ to pay all cutkuku today...

dompeilee

11,888 posts

Posted by dompeilee > 2023-02-16 15:09 | Report Abuse

Flush tabung rugi(LTH) out @ the same time tks!

Superb99

6,603 posts

Posted by Superb99 > 2023-02-17 16:24 | Report Abuse

this stock can tabao for short term d, no momentum

dompeilee

11,888 posts

Posted by dompeilee > 2023-02-17 18:35 | Report Abuse

U wanna trade short-term, this is not for u...unless u wanna donate to investment bankers & lembaga tabung rugi lol

sunnyguy

145 posts

Posted by sunnyguy > 2023-02-18 23:06 | Report Abuse

This year is a year full of excitement for MHB :-)

EAGLE

388 posts

Posted by EAGLE > 2023-02-21 15:46 | Report Abuse

What happened?

fruitcake

848 posts

Posted by fruitcake > 2023-02-21 15:48 | Report Abuse

technical just turn bearish

Posted by positiontrader > 2023-02-21 16:53 | Report Abuse

As a position trader
The correct strategy is buy on price dip
Hold for long term i.e at least 1 year period
Cheers :) :) :)

Posted by positiontrader > 2023-02-21 17:06 | Report Abuse

With the recent secured contracts
Kasawari Carbon Capture & Storage Contract - RM4.5Billion
JDA Field Development Contract - RM 1.4Billion
The earlier Kasawari RM2.5Billion and Jerun Development Project RM1.0Billion near completion (Bulk of the earning is back-loaded)
Fundamentally it is bullish

Posted by positiontrader > 2023-02-21 17:11 | Report Abuse

Furthermore the last four quarters were positives
Going forward, expects more positive earnings
Technically it is still bullish. It is just undergoing a technical correction
The correct strategy is accumulates on any market dips and hold for long term (minimum 1 year period)

Posted by positiontrader > 2023-02-21 17:14 | Report Abuse

Don't forget there is a 1.5sen interim dividend - ex-date 24th Feb
Cheers :) :) :)

Posted by positiontrader > 2023-02-21 17:52 | Report Abuse

One more good news
The current Unity Government is strongly against corruption
As such, it is difficult for corrupt politicians stealing from MHB cookie jars

Posted by Dingdongbell > 2023-02-21 21:14 | Report Abuse

ya i bgt third time today, wake me up at 90 sen

EAGLE

388 posts

Posted by EAGLE > 2023-02-24 11:51 | Report Abuse

Ex date today, terus jatuh

Icon 888

2,301 posts

Posted by Icon 888 > 2023-02-24 14:13 | Report Abuse

Anak angkat petronas n misc.. apa takut

Income

12,404 posts

Posted by Income > 2023-02-24 15:36 | Report Abuse

Petronas dah jatuh dari langit.

Icon 888

2,301 posts

Posted by Icon 888 > 2023-03-03 02:19 | Report Abuse

Seem market no power

Icon 888

2,301 posts

Posted by Icon 888 > 2023-03-03 11:13 | Report Abuse

Diamond

dompeilee

11,888 posts

Posted by dompeilee > 2023-03-03 16:17 | Report Abuse

Moving back above 70c as it should...One mouth swallowed 615,900 shrs @ 69.5c :)

dompeilee

11,888 posts

Posted by dompeilee > 2023-03-04 09:38 | Report Abuse

Risk reward seems low esp in light of Armada which is the opposite in terms of financial strength, shooting up to multi-year highs...

Posted by NinjaInPyjamas > 2023-03-04 11:49 | Report Abuse

hi. Anyone can explain why the heavy engineering segment always report losses. The last time they make profit was 2014/15 period. And it always contributes ca.80% of revenue

vivabursa

594 posts

Posted by vivabursa > 2023-03-04 18:12 | Report Abuse

heading TP 0.85

sunnyguy

145 posts

Posted by sunnyguy > 2023-03-04 22:04 | Report Abuse

It looks like the heavy engineering segment need at revenue of RM300mil per quarter for break even.

Hopefully the HE segment will turn profitable latest by Q2 2023, after its revenue reach RM400-500 mil per quarter.

sunnyguy

145 posts

Posted by sunnyguy > 2023-03-04 22:06 | Report Abuse

While Urusharta might continue to dispose MHB, another big fund manager is actively absorb it.....which I suspect is ASB.....................

dompeilee

11,888 posts

Posted by dompeilee > 2023-03-05 07:17 | Report Abuse

I read the recent financial reports & realise that MHB actually benefits from the US$ rising agst the RM (47mil for every 10% increase in the US$)...the more they increase their foreign footprint, the more this benefit will accrue.

dompeilee

11,888 posts

Posted by dompeilee > 2023-03-05 07:44 | Report Abuse

I believe they already service Saudi Aramco(although still in a small way) as well as main client Petronas.

Icon 888

2,301 posts

Posted by Icon 888 > 2023-03-06 15:38 | Report Abuse

Torteise or snail

dompeilee

11,888 posts

Posted by dompeilee > 2023-03-06 16:23 | Report Abuse

I believe the big block of 22 sellers of 713,600 shrs @ 72c will clear soon...

dompeilee

11,888 posts

Posted by dompeilee > 2023-03-07 15:38 | Report Abuse

72.5c also almost gone :)

dompeilee

11,888 posts

Posted by dompeilee > 2023-03-07 16:02 | Report Abuse

Start to eat 73c =)

dompeilee

11,888 posts

Posted by dompeilee > 2023-03-07 16:09 | Report Abuse

Very few people believe it can go up....except me :)

dompeilee

11,888 posts

Posted by dompeilee > 2023-03-08 15:35 | Report Abuse

Yes. The price action over the past 3 days suggests that some SIGNIFICANT good news is upcoming...looks like relentless insider buying...

sunnyguy

145 posts

Posted by sunnyguy > 2023-03-08 23:00 | Report Abuse

There is an article on this Monday 6/3/23 Sin Chew Daily, they interview the Deputy Chairman of MPM (Malaysia Petroleum Management),En.Mohamed Firouz Asnan a unit under Petronas.

He pointed that besides the CCS of Kasawari (Sarawak), they will kick off another CCS project at Penisular Malaysia, he said that they will announce the good news SOON!

Hope that MHB able to get this CCS project again :-)

sunnyguy

145 posts

Posted by sunnyguy > 2023-03-08 23:04 | Report Abuse

I am really anticipated that MHB able to get another big CCS project soon.....

For those interested to read this article, u may go search for the 6/3/23 Sin Chew, under the Fortune Investment Weekly (投资致富)。

Posted by NinjaInPyjamas > 2023-03-11 07:59 | Report Abuse

Markets always get hype about getting projects. Most critical is the execution power of the team and to deliver sustained solid earnings. Anyone in O&G have insight into their management quality and culture?

Icon 888

2,301 posts

Posted by Icon 888 > 2023-03-14 12:36 | Report Abuse

Recession.. run first

Posted by NinjaInPyjamas > 2023-03-16 19:18 | Report Abuse

I noticed not much people in Oil and Gas giving comment. Mostly are retail investors but i feel upcycle just only started. Recession or not, oil is inelastic short term. Energy transition needs fossil fuels even more. Such a good opportune time

Icon 888

2,301 posts

Posted by Icon 888 > 2023-03-20 14:59 | Report Abuse

Recession come.. run

Icon 888

2,301 posts

Posted by Icon 888 > 2023-03-20 15:07 | Report Abuse

Standby ya

Posted by NinjaInPyjamas > 2023-04-06 20:19 | Report Abuse

Any long term investors in oil and gas sector left?

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