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

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

Recession come.. run

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?

Posted by sunnyguy > 2023-04-06 23:21 | Report Abuse

@NinjaInPyjamas: I am start accumulating MHB since Oct 2020 & still keep it,as today. :-)

Posted by dompeilee > 2023-04-12 15:35 | Report Abuse

C'mon~! Break 70c & stay above it this time!!!

Posted by Icon 888 > 2023-04-12 20:59 | Report Abuse

Bloody Oil up to 90-100

Posted by sunnyguy > 2023-04-12 22:02 | Report Abuse

@dompeilee: Tomorrow u ask Pandai see? :-)

Posted by Icon 888 > 2023-04-13 02:46 | Report Abuse

Brent Oil 87.3

Posted by dompeilee > 2023-04-13 07:26 | Report Abuse

Pandai very panlai already bought 60c last yr...I even more panlai bought 32-46c in '20-'21 but not panlai enough to keep accumulating in '22....

Posted by sunnyguy > 2023-04-13 14:02 | Report Abuse

Now 2023 still can accumulate mah......

Pandai bought very little only :-)

Posted by scott88 > 2023-04-13 17:14 | Report Abuse

any share holder attend today AGM meeting?
have any good news update.....

Posted by sunnyguy > 2023-04-13 23:35 | Report Abuse

Today AGM, the management just disclose the known fact .....

But they looks very confident that MHB able to execute the on hand jobs on time.

Yet, they are positive & aim to get some Offshore Wind Farm job, Mr. Pandai said hopefully on this year.

Posted by sunnyguy > 2023-04-13 23:36 | Report Abuse

Mr. Pandai also disclose that so far, all the on going big heavy engineering jobs is on track.

Posted by sunnyguy > 2023-04-13 23:38 | Report Abuse

And the Investor Relationship Officer will upload today AGM minutes to MMHE web, targeting within next few working days ( he use the word as: next 1 or 2 days)

Posted by scott88 > 2023-04-14 00:01 | Report Abuse

Good news
Hope mhb team can succeed good job to bring share price to next level.

Posted by dompeilee > 2023-04-14 17:44 | Report Abuse

Hopefully our patience will be rewarded in 2024 at the VERY LATEST!

Posted by NinjaInPyjamas > 2023-04-16 22:15 | Report Abuse

@sunnyguy. Are you from Oil n Gas sector? Why so many services company u choose MHB. Im more heavy on Deleum, Penergy, T7Global. Adding onto MHB just base on high confidence on sector but no confidence on the management, solely base on track record and their ability to generate cash flow.

Posted by sunnyguy > 2023-04-17 23:08 | Report Abuse

@NinjaInPyjamas: Hi, I am NOT working in O&G sector.

As today, about 50% of my share portfolio is in MHB.

O&G sector, especially upstream had a very tough time since the oil price collapse on 2014. Many oil major had reduce their CAPEX especially upstream & big facilities Capex.

When oil price up, more cari gali work will resume, once they discover any new oil field, oil major will need to invest & build the oil rig etc.

For MHB:
a) Strong balance sheet
b) the background of their major shareholder -> MISC -> Petronas.

With the strong balance sheet (with nett cash), they are able to tender & execute when big project opportunity arise; yet Petronas Carigali will also consider or put mhb as their preferred contractor (this is my own assumption).

Posted by sunnyguy > 2023-04-17 23:11 | Report Abuse

So, I just start to accumulate since Oct 2020 even I do not know when the big new project will come in. My latest addition of MHB to my portfolio was on Sep 2022.

Yet, I still hold it until now. :-)

Posted by sunnyguy > 2023-04-17 23:13 | Report Abuse

@dompeilee: The AGM minute, Presentation Pack, Minor Shareholder Q&A was available at MMHE.com now

Posted by Icon 888 > 2023-04-18 10:08 | Report Abuse

Power sikit la.. macam tak makan

Posted by Icon 888 > 2023-04-18 10:08 | Report Abuse

Bulan puasa ke

Posted by Icon 888 > 2023-04-18 17:05 | Report Abuse

Operator puasa

Posted by Icon 888 > 2023-04-19 19:15 | Report Abuse

Recession come.. lari

Posted by dompeilee > 2023-04-20 10:05 | Report Abuse

@sunnyguy : Thanks!

Despite the drop today, the selling Q is very low for a co. with free float of 400 mil shrs: only 239.9k Q-ing to sell in the 5 lowest selling prices.

Posted by Icon 888 > 2023-05-03 10:26 | Report Abuse

Run first

Posted by Icon 888 > 2023-05-05 15:49 | Report Abuse

See u next year

Posted by Icon 888 > 2023-05-05 15:49 | Report Abuse

See u next year

Posted by 123eztrade > 2023-05-12 13:38 | Report Abuse

where is our government support??? ini glc

Posted by scott88 > 2023-05-12 14:35 | Report Abuse

GG already la because few days ago news out mention need join with Sapura ...
help sapura effect sendiri gg...hahaha

Posted by Rowie > 2023-05-13 19:59 | Report Abuse

Merger with sapura will be impossible
Misc n technip can’t vote .
Minority shareholders will reject the deal
Sapura has negative NTA
So only way is to take MHB private for it to succeed.

Posted by pang72 > 2023-05-13 20:56 | Report Abuse

https://www.freemalaysiatoday.com/category/nation/2023/05/09/sapura-energy-mhb-merger-on-the-cards/

Investors scare of the huge debt company to mhb

Posted by speakup > 2023-05-13 21:44 | Report Abuse

By hook or crook, sapnrg has to be rescue. Too many bumi contractors at stake

Posted by Rowie > 2023-05-13 22:00 | Report Abuse

Rescue is easy
Bankers have to take a hair cut ie 10 sen to the dollar ie 90% hair cut.
Shareholder take a 100:1 capital reduction
Then a rights issue of 10:1 at 30 sen with free warrants
No need merger cos can never happen with anybody let alone with MHB unless take MHB private at RM 1.50 or better

Posted by rohank71 > 2023-05-14 14:34 | Report Abuse

MHB only buying Sapuras yard in Lumut and Serba Dinamik yard in T.Ramunia to control all yard bz.

Posted by rohank71 > 2023-05-14 14:36 | Report Abuse

MHB will be getting more jobs for fabrication and may not be able to cope. currently order book is highest ever

Posted by Rowie > 2023-05-14 22:59 | Report Abuse

Mhb unlikely to buy any yards cos the need cash to service their order book which is huge ie highest in their history.
Those story tellers who speculate merger story with Sapura unly wants to panic retailers to sell out and they buy cheap.
Mhb is no Santa Claus, Petronas via Misc has to take it private for any deals cos minority shareholders will never approve such a misadventure

Posted by positiontrader > 2023-05-15 12:30 | Report Abuse

As a Position Trader, it is a non brainer to BUY at this based down price
Accumulate at around 0.505 and wait for good harvest 6 months down the road
By the way, the merger between MHB and Sapura Energy is not possible. Big speculators making up merging story (MHB and Sapura Energy) to scare the retailers throw the shares to them at dirt cheap price
HOLD on to your MHB shares and BUY if you have extra cash, Big harvest 6 months down the road

Posted by pang72 > 2023-05-15 12:33 | Report Abuse

SAPURA effect

Posted by NinjaInPyjamas > 2023-05-15 12:50 | Report Abuse

Yea bois, collect colect collect slowly

Posted by Rowie > 2023-05-15 15:48 | Report Abuse

Keep on repeating old storytelling is to syiok sendiri wanting people to sell

Posted by Rowie > 2023-05-15 15:52 | Report Abuse

Only Petronas can takeover Sapura which they won't do.
No other company has the capacity to do that unless want to commit suicide

Posted by Rowie > 2023-05-15 16:59 | Report Abuse

true but they can't vote & minority will reject plus mhb does not have the capacity to do it.
Sapura is too big to save

Posted by sunnyguy > 2023-05-15 22:33 | Report Abuse

Hopefully the share price will get some support after the Q1 result, which expected to release on 18/5/23.

Posted by Tommylkloh > 2023-05-15 23:02 | Report Abuse

it's very lucky for MHB not to merge with sapura in 2015 else sitting in Pn17 with sapura. Now go to commit suicide ?

Posted by Tommylkloh > 2023-05-15 23:08 | Report Abuse

wondering what kind of proposal is this ? mhb to merge with debt landen company. Mhb management must be crazy. happen at

Posted by rohank71 > 2023-05-15 23:49 | Report Abuse

lots of people dreaming of nothing especially when U read Sapura chats...mmhe if any will only buy sapuras yard. and if the chance happens must buy the yard. u can't find yard easy...

Posted by rohank71 > 2023-05-15 23:51 | Report Abuse

also buy Serba Dinamics yard at Teluk Ramunia. only few yards in Msia coz of deep water. don't buy u create competitors

Posted by i3lurker > 2023-05-16 00:09 | Report Abuse

Lady Ramunia -
Bankruptcy 100% Guaranteed for Company
and also
Bankruptcy 100% Guaranteed for ordinary shareholders of Company