Posted by Abudance > 2013-07-12 19:39 | Report Abuse

Even if its been agonizing patience waiting... It's profitable. :) now wait for the warrant to go up too! All the best to all!

Posted by thecall > 2013-07-12 19:45 | Report Abuse

If Monday it jumps start then It wlll retest the 88s n 51s level. It has to breakthrough this resistance level convincingly then we will be heading to 95s & 55s. Then expect correction to come into play before the next push for contract announcement.

Best of luck guys and Selamat Berbuka Puasa. Salam

Posted by Abudance > 2013-07-12 20:28 | Report Abuse

Even if its been agonizing patience waiting... It's profitable. :) now wait for the warrant to go up too! All the best to all! Se lambat Bukit puasa!

Posted by Erica > 2013-07-12 20:52 | Report Abuse

Ya, wait for warrant liao.....

Posted by yksjko > 2013-07-12 21:33 | Report Abuse

just got in today @ 0.83
Mr Market is pushing

Posted by Shacks > 2013-07-12 21:38 | Report Abuse

Lucky u,yksjko. When I noticed this counter, it was already 0.855.

Posted by amandang > 2013-07-12 21:56 | Report Abuse

hold for another 2 weeks until end of this month... raya green pao ;)))

Posted by Erica > 2013-07-12 22:25 | Report Abuse

Yup, still waiting for announcement...hope have a good news....

Posted by fahrughazi > 2013-07-12 23:21 | Report Abuse

NYE continuing its bull run, hope it would be a good launching pad for KLSE on Monday and specifically helps to push up THHEAVY to a new level, the Hari Raya angpau level

Posted by allen > 2013-07-12 23:39 | Report Abuse

I bought @ 0.83 two week ago, after that it drop...
I started to earn today, but I hope It will grow somemore....

Posted by kiman 70 > 2013-07-13 09:15 | Report Abuse

i bought warrant 100 lot price 0.475.Today berdebar-debar apa nasib monday ni..

Posted by skyland > 2013-07-13 09:49 | Report Abuse

monday gap down limit down...haha...news out...careful

Posted by kiman 70 > 2013-07-13 10:14 | Report Abuse

aiyooo mati looo.. he ..he

Posted by richrich8 > 2013-07-13 10:53 | Report Abuse

Muhibah join fabrication. Now Thheavy challenge back in crane business??

Posted by BC475654 > 2013-07-13 12:23 | Report Abuse

The price increased yesterday was partly due to the reactivating the Petronas crane licence.The increase was largely due to market talk on a RSC contact win valued at RM 500-600m.The Star reports in early June that THH is working with an international oil co to bid for Petronas RSC contract valued at US 50M (RM 1.6 B). THH's role would be in providing services and not exploration works.The chairman ,Datul Azizan Abd Rahim said that the results of the bidding should be known in July.

Posted by BC475654 > 2013-07-13 12:26 | Report Abuse

Apology.RSC contract valued at US 500m(RM 1.6 B).

Posted by snake_eye > 2013-07-14 00:37 | Report Abuse

if break .86, everyone can smile the next days...:)

Posted by 935win > 2013-07-14 11:33 | Report Abuse

Win contract the chance is high
so can heavy-buying? ^^

Posted by Abudance > 2013-07-14 18:50 | Report Abuse

Favco was doing well ... Now thh news out for crane licence ... Price drop 10-12sen. Getting a bit more crowded with muhibah and later this year UMw also joining bandwagon!

Posted by Mic2828 > 2013-07-14 20:38 | Report Abuse

Tomorrow thh break 0.90. Just wait ...

Posted by erica > 2013-07-14 21:05 | Report Abuse

Lalalala....just wait tomorrow...

Posted by stock5678 > 2013-07-14 21:53 | Report Abuse

news out. sell on news. tomorrow may retrace?

Posted by sheep > 2013-07-14 21:59 | Report Abuse

buy on rumours, sell on news never fails....play safe..

Posted by hybrid2013 > 2013-07-15 00:14 | Report Abuse

The license is still rumors no cfirmation yet by petronas, same like puncak lst 2wk, shall see this wk

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

start falling ?

Posted by buybackma > 2013-07-15 09:44 | Report Abuse

Normal attitude ma! THheavy will start climbing later, slowly but surely... smiles...

Posted by crawler > 2013-07-15 10:37 | Report Abuse

actually, I heard the same 'rumour'..you can wait for it to come out to the news but it will be too late to buy

Posted by pirate99 > 2013-07-15 10:45 | Report Abuse

If u digest the news correctly there is nothing great about the cranes licence.. :)
How much is their crane sales as compared to handal & favco.. something to ponder..

Posted by crawler > 2013-07-15 11:58 | Report Abuse

the question is will THHeavy become next big player in the O&G industry..THHeavy is political heavy link

Posted by crawler > 2013-07-15 11:59 | Report Abuse

the injection of capital and buy in from Tan Sri Quek reaffirms the believe and confidence in this company

Posted by crawler > 2013-07-15 12:00 | Report Abuse

If this is going to be as successful as perisai...we shall see what the market would price this counter

Posted by Abudance > 2013-07-15 12:06 | Report Abuse

Seems to be moving now after quite long sleep. Could be results are all due in July and thereafter....?

Posted by buybackma > 2013-07-15 13:34 | Report Abuse

who knows one day TTHE involve in M&A , ho ho ho... smiles..

Posted by buybackma > 2013-07-15 13:36 | Report Abuse

to become big CRANER huh guys...

Posted by SILENTKILLER > 2013-07-15 15:07 | Report Abuse

thh buy new crane around rm45 million early this year. it will tripled the work and save time also save cost due to rm4 million save a year

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

kerja bagus mesti ada untung

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

thisis a FUNDAMENTAL counter .....not SPECULATIVE counter.

Posted by SILENTKILLER > 2013-07-15 15:13 | Report Abuse

licence reactive by petronas+project give by petronas (july)....price will go to rm 1.56

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

second project (october) thh price rm2.72

Posted by SILENTKILLER > 2013-07-15 15:15 | Report Abuse

based on technical now....BUY SIGNAL

Posted by SILENTKILLER > 2013-07-15 15:16 | Report Abuse

based on fundamental SUPER DUPER BUY SIGNAL

Posted by JCool > 2013-07-15 15:50 | Report Abuse

Hot co hot co..... bt comparing like to like wit another o&g co wit petronas licence... petra... whc price now 1.9 x 2 = 3.80... thheavy 0.85 x 4 = 3.40... bt petra has secured jobs in hand... tis co jz cautiously optimistic can get d jobs..

Posted by Abudance > 2013-07-15 18:11 | Report Abuse

J Cool. LTAT holds majority of this share. You think it will not go steadily upwards ...? Es

Posted by Abudance > 2013-07-15 18:11 | Report Abuse

By the way why x 2 and x 4? I don't get it.

Posted by JCool > 2013-07-15 18:17 | Report Abuse

TH in d name is Tabung Haji... Not LTAT... x 2 x 4 is cos their par value not d same

Posted by anulus81 > 2013-07-15 18:38 | Report Abuse

http://www.btimes.com.my/Current_News/BTIMES/articles/speak14july/Article/


FOLLOW-THROUGH rebounds on the Wall Street and regional stock markets provided the momentum thrust in lifting Bursa Malaysia to rebound in tandem last week.

The Wall Street, Tokyo and Hong Kong stock markets posted gains of 2.17 per cent, 1.37 per cent and 2.03 per cent respectively for the week ended on Friday.

Technical rebounds on Bursa Malaysia moved in tandem with the performances on the Wall Street, Tokyo and Hong Kong stock markets.

The FTSE Bursa Malaysia KLCI (FBM KLCI) hit its intra-week low of 1,762.87 on Monday before hitting its intra-week high of 1,786.98 on Friday, giving an intra-week trading range of 24.11 points, when compared to the previous week's trading range of 11.46 points.

Continuing technical rebounds on the regional stock markets sent share prices on Bursa Malaysia to their higher closes last Friday.

The FBM KLCI stayed marginally above its support of 1,780 and registered a week-on-week gain of 13.38 points, or 0.75 per cent. It trended within an expanded trading range of 24.11 points.

Based on the performances of the FBM KLCI's 30 components, 18 index-linked counters posted gains while seven counters registered losses.

The FBM Small Cap Index added 9.27 points, or 0.06 per cent, to 15,117.05 level while the FBM ACE Market Index was 4.82 points, or 0.10 per cent lower, at 4,769.99 level.

TH Heavy Engineering Bhd staged a technical rebound last week. Its daily price trend rebounded to close at 84.5 sen on Friday.

Following are the readings of some of its technical indicators:

Moving Averages: its daily price trend stayed above its 10-, 20-, 30-, 50-, 100- and 200-day moving averages.

Momentum Index: Its short-term momentum index continued to stay above the support of its neutral reference line last week.

On Balance Volume (OBV): Its short-term OBV continued to stay above the support of its 10-day moving averages.

Relative Strength Index (RSI): Its 14-day RSI had since stayed above the 50 level. Its technical reading stood at the 68.09 per cent level.

Outlook

TH Heavy initiated a technical rebound when it trended step with the general market trend when it posted a week-on-week gain of six sen, or 7.64 per cent.

Its monthly price trend staged a technical breakout of its intermediate-term double-bottom pattern formation last week.

It continued to stay above its resistance-turned-support trendline last Friday.

Its weekly price trend staged a successful re-test of the support of the neckline of its intermediate-term double-bottom pattern formation (See TH Heavy's weekly price chart - B1:B2) and had since continued to stay above it.

Its daily price trend staged a technical breakout of its short-term downtrend (See TH Heavy's daily price trend - C1:C2).

It continued to stay above its short-term resistance-turned-support trendline on Friday.

TH Heavy's daily, weekly and monthly fast MACDs (moving average convergence divergence) continued to stay above their respective slow MACDs.

All the three-period fast and slow MACDs stayed above their neutral reference lines.

Its 14-day RSI stood at the 68.09 per cent level last Friday. Its 14-week and 14-month RSI were at the 72.51 per cent and 64.63 per cent levels respectively.

Viewing from the perspectives of the technical breakout of the short-term neckline resistance (C1:C2) on its daily price chart,

TH Heavy's price trend is now poised to move towards its intermediate-term resistance zone (90 sen-RM1.10 levels).

The subject expressed above is based purely on technical analysis and opinions of the writer. It is not a solicitation to buy or sel

Read more: TH Heavy poised to test intermediate resistance http://www.btimes.com.my/Current_News/BTIMES/articles/speak14july/Article/#ixzz2Z6reYVka

Posted by snake_eye > 2013-07-15 19:00 | Report Abuse

0.85..hanging at support..hu..going north or going south tomorrow..???

Posted by stock5678 > 2013-07-15 19:09 | Report Abuse

tomorrow drop because doji formed

Posted by marcusngmunkit > 2013-07-15 19:54 | Report Abuse

because of doji??==

Posted by minshome > 2013-07-15 20:04 | Report Abuse

wat is doji ?