Heard that they didn't get the project which they joint ventured with McDermott. .is it true??anybody has the inside news??care to share??now somebody is supporting it at 0.91..my 2 cents..plz advice..
There is no reason for this counter to have another run up as long as there is no annoucement on contract bidding status. It has moved up quite a fair bit and will need time to consolidate before the next push.
As mentioned previously this is not a gambling or for contra play counter. More to short to mid term investment counter.
Happy trading and have a good long weekend for those from Selangor
July 25, 2013 | Comments (0) Malaysian offshore fabricator TH Heavy Engineering Berhad has recently taken delivery of two 400 tonne Manitowoc 16000 crawler cranes from Manitowoc distributor UES Group.
The new cranes will be based at the Pulau Indah fabrication yard in Salangor, Malaysia, and will be used for building offshore oil platforms. They will specifically assist with fabrication and out-load activities for legs, piles, decks, panels and other components that make up the platforms.
TH Heavy Engineering’s managing director Encik Nor Badli Mohd Alias said: “We are proud to own such high-quality cranes. The 16000’s will put us on both the Malaysian and world map, as we are now able to perform a wider range of heavy-lift projects efficiently. Manitowoc cranes are reliable, durable and versatile and using them, we have calculated, will help us cut RM1,500,000 ($470,000) annually from our operating costs – a nice boost to our bottom line.”
watch the graphs format of 4.7.2013 to 15-7-2013 and 16-7-2013 to 25-7-2013,Both are at the same pattern.After the golden cross of lines MA3,MA7 and MA12 at 4/7/2013 they continue grow upwards: 1st graph is the 1st stage,2nd graph is the 2nd stage,Look forward for the 3rd waves.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
potenza10
1,220 posts
Posted by potenza10 > 2013-07-24 14:37 | Report Abuse
big roadblock at 92!