OTHERS TH HEAVY ENGINEERING BERHAD (“THHE” or “Company”) - CLARIFICATION ON ARTICLE ENTITLED:- "QUEK'S ENTRY GIVES THHE MORE MUSCLE" APPEARING IN THE EDGE MALAYSIA
TH HEAVY ENGINEERING BERHAD
Type Announcement Subject OTHERS Description TH HEAVY ENGINEERING BERHAD (“THHE” or “Company”) - CLARIFICATION ON ARTICLE ENTITLED:- "QUEK'S ENTRY GIVES THHE MORE MUSCLE" APPEARING IN THE EDGE MALAYSIA The Company refers to the following statement:- “Last year, we posted a turnaround profit of RM24.2 million and revenue of RM190 million. This year, we plan to double that. As of the first half, we are almost 50% there.”
In relation to the plan to double the turnaround profit and revenue in 2013, the Company wishes to clarify that it is based on the target set by the Management of the Company and the said plan was not verified by the Auditors of the Company.
In relation to the statement that the Company is almost 50% from reaching the target during the first half of year 2013, the Company wishes to clarify that some of the outstanding projects are to be completed and new projects are to be rolled out in the second or third quarter of 2013 and the earning is expected to be recognised in the respective quarters. Barring any unforeseen circumstances, the Company is expected to achieve satisfactory results in the coming quarters.
This announcement is dated 28 May 2013.
Result should be good this quarter but why the delay? four more days..
THheavy = hancur ---------- this time there will be no rebound ------- a war with syria is an indication to a war with iran...penny stock is the answer.... -------- increase in oil price may be for very2 short period ------- then
world economy may drop double recession ...oil can reach under US$ 30 ---- yet airlines may make more losses even with low oil price...low seat demand ----- most oil company will go bankrupt --- penny stock won't drop much --- easier to goreng ...with this bearish market...RM 2.80 novamsc
Bos of national day, index will b strugglingly pushed up. Thheav will b 0.85. With the correct timing of the good result soon to b released, price again is chased up to 1.00. Haha success begins will all good thoughts. Cheers!
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....
bulldozer54
5 posts
Posted by bulldozer54 > 2013-08-20 20:43 | Report Abuse
go go go...buyyyyyyyy