Look like some one take an opportunity to dumb their share and some one on other side to buy at lower price.. The olume too big today compare with previous session.. Something suspicious.. Eait for confirmation b4 enter.
As mentioned earlier... alot big players on board.. buy & sell. Today should be T+4.. a lot contra kakis exit coz no money pick up. Buying strength 60% AVG at 0.9099. Hope after selling pressure over, will pick up strength and move upwards above 0.90++ again.
Increasing fabrication job orders… We estimated more than RM10bn worth of potential contract to be awarded. Smaller players like THHeavy (Non-Rated), BHIC (Buy, TP:3.39) and KKB Engineering (Non-Rated) are likely to share a portion of the cake.
My personal analysis for THHEAVY still on uptrend mode. A lot penny stock hot currently..big players interested especially with O&G coz projects worth Billions RM.. :D
I have hold this counter some time already but, I realize it have loss quite number of project tender. Viper do you knw any pending tender for THHEAVY . Anyone?
it lost the main JOB but sometime we have to be the back bone player ...we need the nice model to model the dress but the dress is stitch by the back end ...can be old lady ...old man ...foreign worker etc...but the dress is worn by rich people because it was model by celebrity or model and sell by a label.
TH is like the old lady and foreign worker ....cannot be the Model in many case but good chance to stitch the dress due to the infrastructure it has ...
Play Hit and run strategy few round is like waiting for stock to growth ...make a little less but still make
UY: U can see page 2 of the Maybank research. Eventhough THHEAVY didn't won any recent tender, they have the domestic fabrication yards with proven capabilities in engineering, procurement, construction and commissioning services beside SapuraKencana. They still can get sub work from those that won the tenders.
In a separate development, 3 shortlisted consortia — Hyundai Heavy Industries-Aker Solutions, Samsung Heavy Industries-Ranhill Worley-SapuraKencana Petroleum, and McDermott-TH Heavy Engineering (THHE) — have put in technical bids for the Bergading CPP. The three consortia are chasing the turnkey contract, which is potentially worth over US$1bil, for the 28,000-tonne structure, which will be tied to 3 unmanned platforms at the Zetung, Anggerik and Kesumba fields.
- The Bergading CPP is to be equipped to handle 450 million cubic feet per day of gas, of which 430 mmcfd will be exported to Teregganu. The CPP contract is expected to be awarded by May 2014.
- A separate tender ongoing for the three satellite platforms- the Zetung, Anggerik and Kesumba fields - has attracted bids from Malaysia Marine Heavy Engineering (MMHE)-Technip, McDermott-THHE, SapuraKencana-Petrofac, and Brooke Dockyards-Ranhill WorleyParsons.
Low price means more good entry opportunity. KLCI penny stock abit sluggish coz CNY holiday coming. Big players still game on just not pushing only supporting :D
"As indicators remain lethargic, THHEAVY is likely to trade sideways in the immediate term. However, momentum should pick up once the 10-d & 30-day SMAs (both at RM0.885) are taken out. Further upside resistances targets are RM0.90 psychological barrier and RM0.93 (9 Jan high). More formidable resistance is RM0.975. A decisive breakout above RM0.975 will spur prices higher towards our long term price objective of RM1.02."
looks like it is trying to turn green while many others are red...good sign wor, might be coming later this afternoon......i will load more just to see if strike jackpot...
glance through website and saw THH is going to land a contract from Petronas for a project in sabah but haven officially announce...guys what is that about nippon?
Big players already sapued from 0.87 till 0.905. Now parking to support before next wave upward push. If able to break strong resistance at 0.91, might move up further to 0.93 - 0.95+
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....
viper88
1,798 posts
Posted by viper88 > 2014-01-09 11:52 | Report Abuse
Big players playin again.. good for contras.. made some good profit.