Posted by Jamaludin > 2013-07-10 15:59 | Report Abuse

no more new news. carefull about new heights.

Posted by 9696 > 2013-07-10 20:37 | Report Abuse

very stable for muhibah today , TP 2.2

Posted by asoh > 2013-07-11 08:51 | Report Abuse

Lost a portion of asset in shares trading weeks ago, now switch to accumulate gold. https://publicgold.com.my/referral/PG009811/28381 SEKARANG Boleh! Emas aset
dimiliki semua insan sepanjang zaman. Its easy to monitor and trade in physical gold, dramatic to hold the gold bar..

Posted by timl > 2013-07-11 10:18 | Report Abuse

panic sell?

Posted by ykinvestor > 2013-07-11 11:13 | Report Abuse

dont buy gold, the rebound is temporary and is on the way to 1000 eventually. Buying Muhibbah is a better option longer term than gold.

Posted by pirate99 > 2013-07-11 11:16 | Report Abuse

Yeah i agree gold now in downtrend.. let it drop below $1000 then br sapu..

Posted by timl > 2013-07-11 11:21 | Report Abuse

ya.. still early to go in for gold, better go for MUHIBAH. FAVCO is still going up, in fact, went up much more than MUHIBAH, can't see why MUHIBAH will stops here :)

Posted by Jonathan Keung > 2013-07-11 11:26 | Report Abuse

construction & oil gas is under the spotlight. you can expect more news on the MRT, HSR, WCE and Petronas awards etc. accumulate on dips

Posted by asoh > 2013-07-11 11:43 | Report Abuse

Thanks for the reminder on gold, just made one order to qualify as "Gold Dealer". When the price down to 1050, then i be the dealer to sell heheh. Just good to dream lol..

Posted by Surin > 2013-07-11 12:29 | Report Abuse

Muhibah is down quite a bit today. Any reasons, anybody knows?

Posted by andychucky28 > 2013-07-11 12:37 | Report Abuse

Profit taking loh..

Posted by cheah6638 > 2013-07-11 22:30 | Report Abuse

This afternoon, strong queue to buy at RM1.94 and RM1.95 to prevent price from dropping further.

Posted by inwest88 > 2013-07-11 22:31 | Report Abuse

Take note the queue can be quite misleading.

Posted by traderman > 2013-07-11 22:39 | Report Abuse

why you all like to buy when the stock already sky high ?

Posted by cheah6638 > 2013-07-11 22:41 | Report Abuse

Yes, at times the queue would continue to change when there are price movements. This afternoon, the buying queue of RM1.94 and RM1.95 stood quite for some time while the price climbed back to close RM1.97.

Posted by ykinvestor > 2013-07-11 22:42 | Report Abuse

Its MFI info looks very good, so it should have higher high soon.

Posted by saloma > 2013-07-11 22:50 | Report Abuse

no news still can go further high?

Posted by cheah6638 > 2013-07-11 22:53 | Report Abuse

Agree with you, ykinvestor. Its common for this stock to have intraday price swing when there is active trading volume. Price is holding quite well to selling pressure for now before testing the high of RM2.08.

Posted by JTFX > 2013-07-12 08:59 | Report Abuse

Bernanke's reassurance propels shares to record highs..The S&P 500 index and the Dow industrials closed on Thursday at record highs, a day after Federal Reserve Chairman Ben Bernanke said the U.S. central bank will keep a loose monetary policy for some time ...

Posted by tallman > 2013-07-12 10:03 | Report Abuse

Today is T3 time to clear contra kaki

Posted by traderman > 2013-07-12 10:44 | Report Abuse

clear contra kaki and pass t3 or t4 is secondary, when the operator gonna push up muhibah again is another big question mark

Posted by tallman > 2013-07-12 11:15 | Report Abuse

wait for announcements of MRT2/3 & project in Petronas

Posted by timl > 2013-07-12 11:39 | Report Abuse

when is that announcement and how does it affect muhibbah?

Posted by tallman > 2013-07-12 12:01 | Report Abuse

http://klse.i3investor.com/blogs/kenangaresearch/31758.jsp
Please refer to the link above

Posted by timl > 2013-07-12 13:16 | Report Abuse

tat was published before muhibbah got the petronas license..

Posted by Ben809 > 2013-07-12 15:39 | Report Abuse

losing momentum ~~ support level at 1.85??

Posted by timl > 2013-07-12 21:14 | Report Abuse

good support at 1.92 :)

Posted by Surin > 2013-07-15 09:39 | Report Abuse

What happen?

Posted by timl > 2013-07-15 09:53 | Report Abuse

suddenly a lot of buyers rush in @_@

Posted by JTFX > 2013-07-15 10:04 | Report Abuse

don't sweat the expected stalls n dips..there will be smart buyers on weakness for this stock with the expected O&G jobs from PETRONAS as a licensed contractor..

Posted by JTFX > 2013-07-15 11:42 | Report Abuse

mari lah... mari....

Posted by JTFX > 2013-07-15 11:57 | Report Abuse

Cleared the sellers at 1.99..2.00...
Asian stocks erased early losses on Monday as investors heaved a sigh of relief after a batch of Chinese data showed the slowdown in the region's economic powerhouse was not as bad as feared.China's second-quarter economic growth cooled to 7.5 percent versus a year earlier, from 7.7 percent, in line with expectations.MSCI's broadest index of Asia-Pacific shares outside Japan <.miapj0000pus> rose 0.4 percent, having earlier drifted in and out of negative territory. Stock markets from Australia (.AXJO) to Hong Kong (.HSI) were all up between 0.3 to 0.9 percent.

Posted by jacksonchoo > 2013-07-15 14:17 | Report Abuse

ublished: Monday July 15, 2013 MYT 1:29:00 PM
Updated: Monday July 15, 2013 MYT 1:37:49 PM
HwangDBS revises Muhibbah TP upwards on back of Petronas license


KUALA LUMPUR: HwangDBS is maintaining its Buy call on Muhibbah Engineering with an upwards revision in the target price to RM3.10, from RM2.80, for the company’s shares which currently trades at around RM1.98.

This comes on the back of the company’s success in securing a Petronas license which pre-qualifies it to bid for RM4-5bil’s worth of oil and gas (O&G) sector jobs.

It could be a “game changer”, the research house said, as it raised earnings per share projection for company for the full financial year 2013-2015 by 3-10%.

“The recently secured Petronas license will turn Muhibbah into a prominent O&G player. Muhibbah is among the top three largest license holders, with 20k metric tonne annual capacity. It intends to expand by 20 acres, which could double its fabrication yard capacity,” it pointed out.

This could pave the way for the company to secure more RAPID (Refinery and Petrochemical Integrated Development by Petronas) contracts, it added.

(RAPID is estimated to require RM60bn to develop and may award more than 20 packages worth RM2bil-3bil each.)

“As a niche marine construction specialist in Malaysia, Muhibbah may secure sizeable packages," said HwangDBS, citing Muhibbah’s good track record in major O&G projects like the Horizon Oil Terminal on Jurong Island, Singapore, Wharf Infrastructure Development at Port Tanjung Pelepas and the Yemen LNG Oil Jetty Project.

Meanwhile, Muhibbah – partnering Vinci and Shwe Taung – is also said to stand a good chance in its final bid against another group for the Mandalay International Airport concession. If its bid is successful, the Mandalay venture could potentially contribute RM12mil in profit before tax to the company.

“Muhibbah’s JV stands a good chance of securing the concession due to its current experience with Cambodian airports, and Muhibbah and Vinci’s construction expertise to expand the airport,” it said.

Muhibbah’s Cambodian airports concession, which started in 1995 and ends in 2040, is expected to continue to contribute about 75% of its group concession profits.

Posted by JTFX > 2013-07-15 14:19 | Report Abuse

http://www.theedgemalaysia.com/business-news/245915-hwangdbs-vickers-ups-muhibbahs-target-price-to-rm310.html

Posted by ykinvestor > 2013-07-15 14:26 | Report Abuse

If it breaks 2.10 today its next target will be 2.30.

Posted by JTFX > 2013-07-15 14:33 | Report Abuse

kaboom agn..now Favco investors switching into Muhibbah...

Posted by almufathal > 2013-07-15 14:49 | Report Abuse

anak sudah lari jauhhhhhhh

Posted by ykinvestor > 2013-07-15 14:55 | Report Abuse

Muhibbah will catch up with Favco very soon as it is a cheaper proxy compare to Favco.

Posted by almufathal > 2013-07-15 14:57 | Report Abuse

tadi pasgi sudah masuk....mau tunggu...thanks to Timi....

Posted by Chew Serena > 2013-07-15 22:26 | Report Abuse

Is the time to buy it???

Posted by Frank Soweto > 2013-07-16 00:19 | Report Abuse

ask Mac :)

Posted by yungshen1 > 2013-07-16 08:10 | Report Abuse

my friend franksoweto earn money in muhibah couter.hehe

Posted by Muarmali > 2013-07-16 08:51 | Report Abuse

I missed koey teow goreng here. :)

Posted by tallman > 2013-07-16 09:02 | Report Abuse

muhibah open gain 12c:-D

Posted by tallman > 2013-07-16 09:05 | Report Abuse

2.30 is coming

Posted by JTFX > 2013-07-16 09:10 | Report Abuse

kaboommmmmm....

Posted by gambir > 2013-07-16 09:11 | Report Abuse

missed huhuhu

Posted by JTFX > 2013-07-16 09:22 | Report Abuse

sold some at 223 n 224..take some moollah off the table.....

Posted by JTFX > 2013-07-16 09:25 | Report Abuse

now wait for alam n scomi to folo O&G flows...

Posted by almufathal > 2013-07-16 09:29 | Report Abuse

alahai..semalam sudah jual