TH HEAVY ENGINEERING BERHAD

KLSE (MYR): THHEAVY (7206)

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53 people like this.

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

zamsaham

778 posts

Posted by zamsaham > 2013-10-01 19:57 | Report Abuse

Perhaps new comers dont know why once this Ramunia became PN17

hybrid2013

448 posts

Posted by hybrid2013 > 2013-10-01 20:05 | Report Abuse

Don't look pass look future la

Posted by Capobianco > 2013-10-02 00:15 | Report Abuse

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! :)

GoldenRay

185 posts

Posted by GoldenRay > 2013-10-02 01:12 | Report Abuse

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!!!!!!

TESSA

7,919 posts

Posted by TESSA > 2013-10-02 14:13 | Report Abuse

setuju!!!! :)

Victor Valdez

1,340 posts

Posted by Victor Valdez > 2013-10-02 16:01 | Report Abuse

Trade with cautious!! 17 oct is Dday for US http://en.wikipedia.org/wiki/August_2011_stock_markets_fall

zamsaham

778 posts

Posted by zamsaham > 2013-10-02 19:50 | Report Abuse

Victor. Then its time to buy on 17 to 18 oct

Victor Valdez

1,340 posts

Posted by Victor Valdez > 2013-10-02 20:26 | Report Abuse

zamsaham..depends on the outcome..no? this US thingy is a spoiler after eurozone crisis :-(

Victor Valdez

1,340 posts

Posted by Victor Valdez > 2013-10-02 20:27 | Report Abuse

Good timing u can get THHeavy for cheaper price..

bawal

105 posts

Posted by bawal > 2013-10-03 00:53 | Report Abuse

Cari cari ada lagi satu singlet lama mau jual mau beli ini counter, sapa mau???

Posted by Noraini Ismail > 2013-10-03 01:39 | Report Abuse

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...

bawal

105 posts

Posted by bawal > 2013-10-03 01:58 | Report Abuse

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

Posted by Noraini Ismail > 2013-10-03 02:12 | Report Abuse

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.

Posted by Johnson Lam > 2013-10-03 20:33 | Report Abuse

Dun know when THH only can hit RM1.00

ayam

115 posts

Posted by ayam > 2013-10-03 21:03 | Report Abuse

Jimmy, bila mau $1? Ask that feng shui reporter, tee lin say from d star

ayam

115 posts

Posted by ayam > 2013-10-03 21:51 | Report Abuse

Time will tell, securing huge contract is d key...any other 'insider' news on th heavy pertaining to its bids?

bawal

105 posts

Posted by bawal > 2013-10-04 00:35 | Report Abuse

Norani, nanti kalu THHeavy letop wa mashuk minang boleh ka?

Posted by Noraini Ismail > 2013-10-04 01:29 | Report Abuse

Bawal biar betul, minang I buat apa, I dah masuk 5 series.
Nanti I cari yg muda cun melecun tapi only after THH meletop.... ha ha ha.

pirate99

822 posts

Posted by pirate99 > 2013-10-04 01:33 | Report Abuse

Hahhaaha...

bawal

105 posts

Posted by bawal > 2013-10-04 03:33 | Report Abuse

Sekalang wa apa pun talak. sume sudah jual. kalu THH sudah letop boleh cari pompuan manyak muda Ooo....

jenson68

1,217 posts

Posted by jenson68 > 2013-10-04 08:35 | Report Abuse

News from Nanyang Siang Pau
(吉隆坡3日讯)TH重工(THHEAVY,7206,主板贸服股)与McDermott国际公司的一系列联营计划今日正式成形,共同进军大马能源领域和提升设计、采购、安装和建造(EPIC)专业服务领域,满足国内油气领域发展需求。
McDermott国际公司发出文告指出,双方联营计划已取得TH重工股东同意。
根据文告,联营公司计划今年内,共同投资及聘请本地工程师,支援TH重工在吉隆坡的工程和EPIC合约竞标,及现有的工程。
同时,联营公司的计划,包括提升TH重工在英达岛的制造厂。
增加该厂产能,以承接更多工程。同时,改善工厂安全性和效率,为客户供应高素质产品。
McDermott国际拥有专业知识和经验,TH重工则对大马市场熟悉,2者联营可以承担更大型EPIC工程,以及岸外安装工程。
此外,TH重工-McDermott国际公司联营公司,也将拥有McDermott Derrick驳船。
TH重工董事经理兼总执行长诺巴里指出,该公司欲拓展公司规模、产能及营业额,需参与更多高难度工程,涉及技术更精密、更深化及更有挑战性。
McDermott国际公司在这方面经验丰富,又想拓展大马市场,两者合并完全符合常理。

TESSA

7,919 posts

Posted by TESSA > 2013-10-04 08:48 | Report Abuse

yup, excellent plan :)

potenza10

1,220 posts

Posted by potenza10 > 2013-10-04 08:49 | Report Abuse

anyone can share TA or chart for THH? i've been sideline for almost a week...waiting to enter back.

afifi

2,036 posts

Posted by afifi > 2013-10-04 10:10 | Report Abuse

hoi..

jenson68

1,217 posts

Posted by jenson68 > 2013-10-04 10:36 | Report Abuse

more good news to come ??

TESSA

7,919 posts

Posted by TESSA > 2013-10-04 10:41 | Report Abuse

indeed :)

AlanT33

119 posts

Posted by AlanT33 > 2013-10-04 11:29 | Report Abuse

the boat is moving with high buying interests!

Victor Valdez

1,340 posts

Posted by Victor Valdez > 2013-10-04 13:05 | Report Abuse

Noraini Ismail..maybe bawal really like 5 series? ;-)

Victor Valdez

1,340 posts

Posted by Victor Valdez > 2013-10-04 13:10 | Report Abuse

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 ;-)

Victor Valdez

1,340 posts

Posted by Victor Valdez > 2013-10-04 13:26 | Report Abuse

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 .

Posted by Johnson Lam > 2013-10-04 14:26 | Report Abuse

Can it hit rm1.00?

jenson68

1,217 posts

Posted by jenson68 > 2013-10-04 14:42 | Report Abuse

must break 88 resistant first, then will fly...

Victor Valdez

1,340 posts

Posted by Victor Valdez > 2013-10-04 14:57 | Report Abuse

Can fly ah.. now?must be miracle if worldwide mode is in bearish trend

Posted by Noraini Ismail > 2013-10-04 20:35 | Report Abuse

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"

Posted by Johnson Lam > 2013-10-04 21:54 | Report Abuse

haha... ok lo, hope next manday THH will break 0.90 lo...

TESSA

7,919 posts

Posted by TESSA > 2013-10-04 22:05 | Report Abuse

will fly :)

bawal

105 posts

Posted by bawal > 2013-10-05 00:05 | Report Abuse

Old man mmg lambat naik. Once naik siap kau!

bawal

105 posts

Posted by bawal > 2013-10-05 00:07 | Report Abuse

5 series can still afford, 7 series tak boleh tahan lo

Posted by Noraini Ismail > 2013-10-05 02:02 | Report Abuse

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.

zamsaham

778 posts

Posted by zamsaham > 2013-10-06 01:13 | Report Abuse

Enche Noraini - seems like 2 cts trade in an active day. 0.84 then high 0.87. You can buy/sell in between.
50,000 x 0.02cts less charges RM770~

Posted by millionhair > 2013-10-07 11:10 | Report Abuse

guys....grab it while its still below 0.9....soon it gona skyrocket:)

Posted by Johnson Lam > 2013-10-07 11:17 | Report Abuse

How u know?

ayam

115 posts

Posted by ayam > 2013-10-07 11:30 | Report Abuse

Millionhair: How soon is your soon for d price to move up to $1?

Posted by millionhair > 2013-10-07 12:50 | Report Abuse

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:)

TESSA

7,919 posts

Posted by TESSA > 2013-10-07 13:02 | Report Abuse

1.50 rgt by year end :)

zamsaham

778 posts

Posted by zamsaham > 2013-10-07 13:06 | Report Abuse

need SURE UP to push beyond 0.90
from current trend, it seems that the stock stuck in between 0.83-0.86 channel.

TESSA

7,919 posts

Posted by TESSA > 2013-10-07 13:08 | Report Abuse

hmmm..true :)

rapizan

69 posts

Posted by rapizan > 2013-10-07 13:27 | Report Abuse

ermm...long term investment may be suitable for this counter...

Victor Valdez

1,340 posts

Posted by Victor Valdez > 2013-10-07 14:23 | Report Abuse

http://www.marketwatch.com/story/mcdermott-swings-to-loss-coo-plans-to-retire-2013-08-05

"The latest period included an increase of $62 million in loss estimates related to delays on a deepwater project in Malaysia"

Anybody can comment on above loss subject?

lotusf1

1,159 posts

Posted by lotusf1 > 2013-10-07 14:31 | Report Abuse

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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