TH HEAVY ENGINEERING BERHAD

KLSE (MYR): THHEAVY (7206)

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Last Price

0.01

Today's Change

0.00 (0.00%)

Day's Change

0.00 - 0.00

Trading Volume

0


53 people like this.

16,688 comment(s). Last comment by kuttyravi 2022-12-18 16:10

Posted by Tan Lillian > 2012-02-10 20:39 | Report Abuse

Any news on this stock?

Ainie

1 posts

Posted by Ainie > 2012-04-24 10:02 | Report Abuse

any news?

eizmirr

60 posts

Posted by eizmirr > 2012-04-24 17:02 | Report Abuse

Also waiting for news

Posted by Yazid Gonzales > 2012-04-24 23:09 | Report Abuse

co rebranding name

Mohd Shuk

725 posts

Posted by Mohd Shuk > 2012-04-25 00:19 | Report Abuse

TH Engineering. Change Name!

sontoloyo

118 posts

Posted by sontoloyo > 2012-04-25 08:40 | Report Abuse

Change name and share price goes up? Anyway, I am buying for the fun of it

Mohd Shuk

725 posts

Posted by Mohd Shuk > 2012-04-25 09:12 | Report Abuse

7206 RAMUNIA RAMUNIA HOLDINGS BHD
Proposed Change of Company Name

Current Stock Name: RAMUNIA
Current Company Name: RAMUNIA HOLDINGS BERHAD
Proposed Company Name: TH Heavy Engineering Berhad
Remarks: The Proposed Change of Name will be effective from the date of
issuance of the Certificate of Incorporation on Change of Name by the Companies
Commission of Malaysia ("CCM")


23/04/2012 05:50 PM

Mohd Shuk

725 posts

Posted by Mohd Shuk > 2012-04-25 09:12 | Report Abuse

Saya tak mau kejar, harga sudah mahal...just tgk je

Namoyaki

1,530 posts

Posted by Namoyaki > 2012-04-25 17:33 | Report Abuse

M.Shuk, if you trade the difference, why not.

Namoyaki

1,530 posts

Posted by Namoyaki > 2012-04-26 11:06 | Report Abuse

OK ker bro? Senyap jer nih.

garytan88

72 posts

Posted by garytan88 > 2012-04-26 11:12 | Report Abuse

NST. Ramunia closing in on RM150m Shell deal.

Ramunia will be awarded the project once it receives a bank guarantee from financial institutions willing to back the company’s participation in it, says a source.

KUALA LUMPUR: Ramunia Holdings Bhd, an oil and gas company partly owned by Lembaga Tabung Haji, is close to securing a RM150 million contract from a unit of Shell Malaysia, sources said yesterday.

It is understood that the contract is from Shell Malaysia’s upstream operating company Sarawak Shell Bhd.

Just two weeks ago, Shell Sarawak and its partner Petronas Carigali Sdn Bhd signed two new exploration and production sharing contracts (PSCs) offshore Sarawak with Petroliam Nasional Bhd.

According to Shell, the minimum financial commitment for activities in the two blocks would be in the region of US$145 million (RM444 million) over the next four years.

“Yes, the contract is in Sarawak. Ramunia will be awarded the project once it receives a bank guarantee from financial institutions willing to back the company’s participation in it,” said the source.

Business Times was told that an announcement could be made by as early as next week, and that winning the project would help speed up Ramunia’s exit from the Practice Note 17 category (PN17).

PN17 companies are those that face some financial difficulties
and need to regularise their accounts to help justify their existence as an ongoing business entity.

Bursa Malaysia Securities had on January 19 approved Ramunia’s regularisation plan.

Under the plan, Ramunia is proposing a renounceable two-for-five rights issue of up to 391.441 million new shares at an indicative issue price of 40 sen per rights share.

The script exercise if fully subscribed will help raise some RM156.6 million.

The money from the rights issue is expected to be used to buy a fabrication yard in Pulau Indah for RM83.8 million from Oilfab Sdn Bhd.

Ramunia also has the backing from Lembaga Tabung Haji, which owns a 25.17 per cent stake in the company, to subscribe for its entitlement under the proposed rights shares.

It is further understood that upon completion of the exercise, the company’s name will be changed to Tabung Haji Energy Bhd.

Read more: Ramunia closing in on RM150m Shell deal http://www.btimes.com.my/Current_News/BTIMES/articles/20120425234848/Article/#ixzz1t71X3DtG

tan123

1 posts

Posted by tan123 > 2012-04-26 17:23 | Report Abuse

Proposing two-for-five rights issue at 40 sen, backed and undertaken by Tabung Haji.

sontoloyo

118 posts

Posted by sontoloyo > 2012-04-29 22:35 | Report Abuse

Will Tabung Haji push the price up so that the bosses in Tabung Haji will look good for having their investment "appreciate" in Ramunia? ... points to ponder ...

Posted by sheridansulik > 2012-05-30 12:19 | Report Abuse

Stagnent morning..common..lets push to 40sens, make the support level up further a bit

Posted by sheridansulik > 2012-05-30 23:42 | Report Abuse

Good close todayy...congrats for those who managed to trade the last league

Posted by sheridansulik > 2012-06-08 21:54 | Report Abuse

Support level between 37.5 sens and 38sens...will expect to push higher soon!

ragen9

52 posts

Posted by ragen9 > 2012-06-15 09:31 | Report Abuse

common ramunia up to 50 cent

Posted by sheridansulik > 2012-06-15 18:26 | Report Abuse

40sens reached! A good sign!

Posted by ramlighani > 2012-06-15 18:46 | Report Abuse

on 28 June 2012 to change the name to TH heavy Engineering...sure it will be goreng before that date.. i believe can go to 50 sen at least..

Posted by Linda Chong > 2012-06-15 19:06 | Report Abuse

will it affect the warrants once Ramunia changed to TH Heavy Engineering?

Eric29

141 posts

Posted by Eric29 > 2012-06-15 19:11 | Report Abuse

Linda dat de main problem y it can effect warrents a

Mat Cendana

2,336 posts

Posted by Mat Cendana > 2012-06-20 10:19 | Report Abuse

Its par value is 50 sen, right? And it has started to make profits, with new contracts and will apply for the PN17 status to be lifted. Based on these, Ramunia should go up in the near future. But this matter about a rights issue - does anyone have more information about it, please?

Posted by ramlighani > 2012-06-20 22:48 | Report Abuse

I have no idea, however i strongly believe just a matter of time it will fly may be tomorrow...but sure before 28 june,...m

Mat Cendana

2,336 posts

Posted by Mat Cendana > 2012-06-21 11:42 | Report Abuse

ramlighani - You are right!!:-)

Mat Cendana

2,336 posts

Posted by Mat Cendana > 2012-06-21 18:17 | Report Abuse

TH Heavy Engineering and TH Energy - I would prefer the second name. The first is a bit long. Will it be listed in the trading screen and newspapers as "THHE"? Having an acronym like this would result in vagueness. Like MEGB how many would immediately know that this is Masterskill? TH Energy sounds and looks a lot nicer. And what's wrong with plain old Ramunia for that matter?

But anyway, things look better now. It is on the road to recovery and the rights issue should give it enough capital to really participate in the oil & gas industry. I believe the price will appreciate to above its par of 50 sen soon.

fathergod

103 posts

Posted by fathergod > 2012-06-21 18:37 | Report Abuse

is its tabunghaji take over this company?

Posted by ramlighani > 2012-06-21 21:50 | Report Abuse

For info tabung haji already is already already control ramunia since the last 3 years because TH is the single majority share holder, top people i.e CEO was appointed by TH. Last time TH bought ramunia back in 2006-2007a on the anticapating that MISC will takeover ramunia but the plan was aborted. At that time the ramunia share range 1.30 -1.90. After selling the yard at teluk ramunia to Sime darby which Sime later sold it to petronas for RAPID Project, ramunia bought a new yard at Pulau indah from oilcorp to restart it bussiness again under Tabung Haji, with new management. All the old management no longer there. Whatever it is i believe this counter will FLYY soon.VERY VERY SOON......this is my opinion and my instinct only.

Posted by ramlighani > 2012-06-24 13:10 | Report Abuse

better keep watching this Ramunia Ctr,it will FLY HIGH NEXT week, believe me.....

ramunia

1,123 posts

Posted by ramunia > 2012-06-24 13:13 | Report Abuse

Strong buy counter now..at least 0.50 by next tuesday,,

limpek4896

822 posts

Posted by limpek4896 > 2012-06-24 13:23 | Report Abuse

u pray datuk kong or allah,or god?

ramunia

1,123 posts

Posted by ramunia > 2012-06-24 13:31 | Report Abuse

I pray Tabung Haji .it is Ramunia to fly,,the turn now.

limpek4896

822 posts

Posted by limpek4896 > 2012-06-24 13:31 | Report Abuse

If you do your homework, you will find more worth investing in second-line high quality unit, why bother to take higher risks buy bad unit?

ramunia

1,123 posts

Posted by ramunia > 2012-06-24 13:35 | Report Abuse

No more bad unit,Ramunia is one out of five license holder in Malaysia.......................

limpek4896

822 posts

Posted by limpek4896 > 2012-06-24 14:41 | Report Abuse

u just mouth talk lam pa song

ramunia

1,123 posts

Posted by ramunia > 2012-06-24 15:15 | Report Abuse

Bye bye lam papek...hahahahha

Posted by ramlighani > 2012-06-24 23:59 | Report Abuse

Those who did not buy ramunia sure will regret. .u all will see this week..may be tomorrow..it will fly real fly...let we all see THIS WEEK.... still not to late for those who are still notconfident about this counter to join the plane and FLY TOGETHER.....

Posted by sheridansulik > 2012-06-25 00:29 | Report Abuse

Ramunia will fly 1st TP55sens and soon to TP63sens...

Reasons,
TH management
CEO of ramunia (appointed by TH) has bought 1mill shares
Spearheading with Shell projects and many more projects to come
1 of 5 fabricator licenced holder in Malaysia
Will change Ramunia to TH Heavy Engineering BHD
THHE will service all TH marine fleets
Expanding company
major share holder by TH, will definitely wont let their investment to loss

Cons
I dont see any divident payout since fabrication business gives very tight margin of profit if all projects executed on time

Invest at own risk and own judgement

Posted by ramlighani > 2012-06-25 11:11 | Report Abuse

the same CEO who has turn LITYAN(now THETA) a PN17 company in which TH is majority sharehoder from 26 sen goreng up to more than RM 3 last few year back...

Mat Cendana

2,336 posts

Posted by Mat Cendana > 2012-06-25 13:52 | Report Abuse

The par value is 25 sen, not 50 sen as I had mentioned previously. Now it makes sense, the proposed rights issue of 0.40 - a rights issue must be priced at least the same as the par value, not less.

But doesn't matter - based on the news and facts, especially its last quarter report and the new contracts obtained, I'm of the same opinion as @ramlighani. I believe Ramunia has become a better company than it previously was. The rights issue will result in it having enough capital to take it to a higher level.

Posted by ramlighani > 2012-06-25 14:21 | Report Abuse

big add will come out on paper regarding the change of Ramunia to TH Heavy Enginnering this week on the 28 June, the day Felda Listing..i believe it will be goreng time.....still got time to grab...

Posted by sheridansulik > 2012-06-28 23:31 | Report Abuse

Tea cup and handle shape formed...good indication of going upppp!

http://es-charting.blogspot.com/2012/06/th-heavy-engineering.html?spref=fb

Taugeh

671 posts

Posted by Taugeh > 2012-06-28 23:55 | Report Abuse

Alamak..berat-nya...tengelam ni..sink..sink erti lain...0.41x

ramunia

1,123 posts

Posted by ramunia > 2012-06-29 00:19 | Report Abuse

Alamak..berat-nya...tengelam ni..sink..sink erti lain...0.41x..

betulah......

disappointed too.........

Posted by sheridansulik > 2012-06-29 07:57 | Report Abuse

FGV stole the limelight...drawing alll the money out from other good fundamental counters

Mat Cendana

2,336 posts

Posted by Mat Cendana > 2012-07-03 11:57 | Report Abuse

Tak apa - seems to have strong support at 0.41. It went up a bit too fast when it hit 0.45 so there's bound to be some correction. The contra contracts from this oversold period are already over so we should see it having a more solid foundation for the next upswing. It won't be too long before the PN17 status is lifted - this should serve as an impetus to push the price above 0.50 in the coming weeks.

ragen9

52 posts

Posted by ragen9 > 2012-07-04 08:15 | Report Abuse

bile mau buang itu pn17?

midas_max

129 posts

Posted by midas_max > 2012-07-04 09:15 | Report Abuse

just be patient to wait. It only the matter of time. It price will jump soon.

Posted by sheridansulik > 2012-07-04 14:05 | Report Abuse

Good time to reload more whislt its 41sens close at noon time

ramunia

1,123 posts

Posted by ramunia > 2012-07-04 14:17 | Report Abuse

Good..i love this counter,,

Mat Cendana

2,336 posts

Posted by Mat Cendana > 2012-07-04 14:44 | Report Abuse

From StarBiz yesterday: "TH Heavy pulled back from a 9½-month high of 45 sen on June 25 to a low of 41 sen on Friday before bouncing off slightly. With the stochastic in an oversold position and the 14-day relative strength index ticking up from mid-range, they offer hopes of a resumption of recovery, with significant resistance anticipating at 51-51.5 sen. Stronger support is seen at the 38-sen mark."

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