Investor888, thheavy is one of the few stocks that I could leave my money and sleep tight at night. You can't go wrong if its fundamental is solid. Ups and downs are normal in the market. There'll always be people who would cash out to realize their profits. Corrections are good to enter again cheaper. Sometimes, punters can be a huge help to push the price even higher. I'm in for the long haul but I'm also range-trading when it crosses its overbought and oversold territories to get a few sen here and there. For good companies like this one, there is no other way to go other than North Pole. I'm only assuming thheavy to secure that Petronas job alone and not the other potential huge projects the Co. is bidding to arrive at my RM1.50/share forecast. Its PE multiples is way below its competitors and is trading at a huge discount. Since the Co. is quite diversified, I'm using sum-of-parts to calculate its intrinsic value. I do hope research houses can start initiating coverage for the Co. soon to conform our TP bro. Coming back to technical analysis, the great technical guru Ed Seykota once said,"Go with the trend. The trend is your friend. Until it bends." Long terms chart looks like it's still our friend bro! :)
9.29% owned by pilgrim fund Lembaga Tabung Haji holds 29.59% and in which tycoon Tan Sri Quek Leng Chan has about 9.09% via GuoLine Capital Ltd (GCL) and his own name. How can it go wrong?
See announcement today, JV and shareswap with McDermott is completed. Together with McDermott, TTHeavy has out in bids for the construction of two central processing platforms for the SK136 block worth about US$1 billion and for the Sepat oilfield. The group is also bidding for a wellhead and pipelaying installation contract in Sabah.
It has also bid for Pan Malaysia umbrella contracts for transportation and installation jobs worth about rm10 billion.
It is also bidding for the development of marginal fields.
It has an order book of about rm300 million.
Conclusion, BUY ANYTHING below RM1.00! When winning project news is out, everything is too late. BUY BUY BUY!!!!!!
Singlet,Pagoda ke? Simpan aje lah buat kenangan. Maybe harga singlet lebih mahal dari THH. Kalau Simpan lama boleh jadi " barang antik" value will go up 10x more...ha ha ha...
Seriously, I keep my money with this counter coz I have a confident that they are clean & not practicing any form of bribery. InsyaAllah it will continue that way
I support you 100%, but remember don't fall in love with it or for that matter with any stock. Buy low, hold, always take profit, as THH after 2 days up then come down back to original price ans stay down more than a week.
potenza10..sidelining also ok!!..with this US shit going on..there must be upper limitation THHeavy can go up at the moment..when correction is coming ..can always enter back..be patient like a sniper la..waiting for the right kill ;-)
News from Nanyang Siang Pau TH Heavy Industries (THHEAVY, 7206, motherboard trade dress shares ) and McDermott International Inc. today officially forming a series of affiliate program , jointly enter the Malaysian energy sector and enhance the design , procurement, installation and construction (EPIC) Professional service areas, to meet the domestic demand for oil and gas field development . McDermott International, Inc. issued a proclamation that the two sides have made affiliate program TH Heavy shareholder approval . According to announcements , associates planned this year to jointly invest and hire local engineers , support TH Heavy Engineering in Kuala Lumpur and EPIC contract bidding, and existing projects. Meanwhile, the associate company's plans, including the upgrading of TH Heavy manufacturing plant in Pulau Indah . Increase the plant capacity to undertake more projects . At the same time , improve plant safety and efficiency , supply high quality products for customers . McDermott International has the expertise and experience , TH Heavy on the Malaysian market is familiar with two associates who can afford larger EPIC project , as well as offshore installation works. In addition , TH Heavy -McDermott International Associates , will also have McDermott Derrick barge . TH Heavy Industries Managing Director and Chief Executive Officer Nuoba Li pointed out that the company wants to expand the size of the company , production capacity and turnover , the need to participate in more challenging project, involving technology more sophisticated and deeper and more challenging . McDermott International, Inc. has extensive experience in this , and want to expand the Malaysian market , which are consolidated in full compliance with common sense .
TH Heavy mana boleh fly sebab dia heavy. THH is like old man, go up slowly but steady. In the days THH go up too fast sure penat, need to rest first before go up next step. In short be patient with this "old man"
Bawal try 2 series first.THH lambat lagi meletop. 2 series senang handle. THH banyak bid for project tapi belem ada rezeki. Touch 0.90 anytime but nak meletop lambat lagi. Old man kan... Pelan pelan.. Nanti jadi lah tu. Perhaps by year end.
you have to look at the foundation of the company....the management is doing a good job to build a good foundation which makes them the front-runner for some of Petronas projects....if you guys have the holding power, just stay on for some time else can start hopping for other counters:)
Could be reason as 2 why theu lost de bid on petronas gas field sk16 ,petronas needs assurnces on its EPCC abilities with completion target within 2 years...
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Posted by zamsaham > 2013-10-01 19:57 | Report Abuse
Perhaps new comers dont know why once this Ramunia became PN17