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

kerengga

345 posts

Posted by kerengga > 2014-02-06 08:22 | Report Abuse

i've told you....=)..but this is not the point to fly..=(

prc4wifefe

3,564 posts

Posted by prc4wifefe > 2014-02-06 09:44 | Report Abuse

ini THH...letter 28/01 sudah dapat baru announce...ini semua main saham belakang punya pattern...Unlike x10

viper88

1,798 posts

Posted by viper88 > 2014-02-06 10:13 | Report Abuse

The big players want to play few rounds to make profit also ... buy, sell, buy, sell..den repeat again till reach profit target every1 happy. :D

WY Chan

1,378 posts

Posted by WY Chan > 2014-02-06 13:43 | Report Abuse

damn... lost momentum...dream of RM1 lost...

viper88

1,798 posts

Posted by viper88 > 2014-02-06 14:44 | Report Abuse

Big players saw big vol roadblock ahead so cool down 1st.....
Low price is alwys opportunity to buy.
Set own risk trading plan and invest wisely.

Posted by kassim selamat > 2014-02-06 15:30 | Report Abuse

dia sudah lai ma

viper88

1,798 posts

Posted by viper88 > 2014-02-06 16:04 | Report Abuse

Big players supporting in big vols... 0.91 - 0.925 /0.93.
Game still on.

bezfen08

167 posts

Posted by bezfen08 > 2014-02-07 08:23 | Report Abuse

before the Lundin project,THHE has secured a few project worth estimated RM300million.Currently,new project Lundin and Sabah project increase the number of THHE's job.Based on the headlines,the Sabah project worth about RM250mil.so,at least THHE has about RM550million project + Lundin project(but the value not stated)..In my point of view,THHE has a very good prospect becoz in 2014 there will be increasing fabrication job orders(based on the headlines)… In addition, the turnkey project worth USD1billion is expected to be awarded by May 2014..the project is under US Based HESS, which is the 3 bidders are Hyundai Heavy Industries-Aker Solutions, Samsung Heavy Industries-Ranhill Worley-SapuraKencana Petroleum, and McDermott-TH Heavy Engineering (THHE)..

kerengga

345 posts

Posted by kerengga > 2014-02-07 08:33 | Report Abuse

Yess... The kinabalu project is worth more than 190million.. 250 million is reasonable... =)

breadman

310 posts

Posted by breadman > 2014-02-07 09:28 | Report Abuse

Lost momentum on the announcement d....no volumes to push it up....next stimulant will be the first quarter financial report...

ayam

115 posts

Posted by ayam > 2014-02-07 12:00 | Report Abuse

Or fpso contract under nippon layang project....

viper88

1,798 posts

Posted by viper88 > 2014-02-07 12:15 | Report Abuse

As usual sell after news out but theres good support at 0.91 shows the big player still game on for bigger gain. Financial quarter coming out end of Feb... chances to rise up again for active play.
Other O&G stock like TGOFFS, SONA-WA, KNM also heavy trading and rise up.. THHEAVY under big players name like Quek Leng Chan sure will give more CNY ang pow also. :D

bezfen08

167 posts

Posted by bezfen08 > 2014-02-07 13:31 | Report Abuse

- Petronas has shortlisted 8 major yard operators as well as the three key Malaysian players - Malaysia Marine Heavy Engineering, SapuraKencana Petroleum and TH Heavy Engineering - for the Baronia CPP contract. The shortlist also includes Daewoo Shipbuilding & Marine Engineering, Hyundai Heavy Industries and Samsung Heavy Industries, Singapore-based SMOE, Italy’s Saipem, McDermott and China’s Offshore Oil Engineering Company (COOEC).The eleventh bidder invited to the Baronia CPP race - Abu Dhabi-based National Petroleum Construction Company - is making its first entry into the Malaysian bid circuit. Bids are due in April 2014, with the award likely to be announced in mid-2014.

WY Chan

1,378 posts

Posted by WY Chan > 2014-02-07 22:18 | Report Abuse

i will sell half n go to hibernation until it drop

Hitman

1,299 posts

Posted by Hitman > 2014-02-08 01:09 | Report Abuse

This one good fr longterm..

rikki

2,028 posts

Posted by rikki > 2014-02-08 09:54 | Report Abuse

TH Heavy likely to bag RM1.5b FPSO job from Nippon Oil - The Edge Weekly Newspaper Feb 10, 2014

bezfen08

167 posts

Posted by bezfen08 > 2014-02-08 16:07 | Report Abuse

JX Nippon and Petronas are now in discussion with TH Heavy Engineering (THHE) for this charter agreement but no decision are made yet so that the converted Layang FPSO should not be in operations in the Block SK10 before 2016.

JayC

1,302 posts

Posted by JayC > 2014-02-08 17:32 | Report Abuse

Will the price fly on Monday?

WY Chan

1,378 posts

Posted by WY Chan > 2014-02-08 18:22 | Report Abuse

Nope... will not fly until the project is in hand... but with the looks... Monday going south...

viper88

1,798 posts

Posted by viper88 > 2014-02-08 21:52 | Report Abuse

JX Nippon and Petronas organized separate tendering process for the Layang wellheads platform and the FPSO.

The wellheads platform should be awarded in mid 2014 to a local shipyard in respect with the Malaysian local content policy.

viper88

1,798 posts

Posted by viper88 > 2014-02-08 23:18 | Report Abuse

EPCIC tender is out for Baronia CPP
http://klse.i3investor.com/blogs/amresearch/45941.jsp

Petronas has shortlisted 8 major yard operators as well as the three key Malaysian players - Malaysia Marine Heavy Engineering, SapuraKencana Petroleum and TH Heavy Engineering - for the Baronia CPP contract. The shortlist also includes Daewoo Shipbuilding & Marine Engineering, Hyundai Heavy Industries and Samsung Heavy Industries, Singapore-based SMOE, Italy’s Saipem, McDermott and China’s Offshore Oil Engineering Company (COOEC).The eleventh bidder invited to the Baronia CPP race - Abu Dhabi-based National Petroleum Construction Company - is making its first entry into the Malaysian bid circuit. Bids are due in April 2014, with the award likely to be announced in mid-2014.

Besides the Baronia CPP, the other CPPs in the pipeline are for the Sepat, Bergading, Bokor and Dulang fields. While 1Q2014 orders are likely to slow down QoQ, these project rollouts underpin the overall upward momentum trend and reaffirm our positive view on the sector. Hence, we maintain our OVERWEIGHT call on the sector

DreamHunter

10,922 posts

Posted by DreamHunter > 2014-02-08 23:25 | Report Abuse

Is this one the RM1 bil + job offshore Bintulu? I thought that one has already been awarded to MHHE-Technip consortium ...

viper88

1,798 posts

Posted by viper88 > 2014-02-09 02:03 | Report Abuse

MHHE-Technip won EPCIC for the two gas fields in Block SK316 Bintulu, Sarawak http://www.thestar.com.my/Business/Business-News/2013/09/27/Technip-MMHE-bags-Petronas-contract-for-two-oil-fields-off-Sarawak/

The coming one should be diff field sites Baronia CPP, Bardegg 2, the other CPPs in the pipeline are for the Sepat, Bergading, Bokor and Dulang fields

DreamHunter

10,922 posts

Posted by DreamHunter > 2014-02-09 02:06 | Report Abuse

Thanks, Viper88.

viper88

1,798 posts

Posted by viper88 > 2014-02-09 12:15 | Report Abuse

Beside central processing platform (CPP) projects, theres a separate tender ongoing for the three satellite wellhead 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

mhelmi80

165 posts

Posted by mhelmi80 > 2014-02-09 22:32 | Report Abuse

good news coming

TomJerry

1,286 posts

Posted by TomJerry > 2014-02-09 23:24 | Report Abuse

Hoping so can hit 1.00 target .....

Posted by ramlighani > 2014-02-09 23:28 | Report Abuse

Still not too late to buy..a very big announcement on a new project will come out soon..the biggest awarded ever for thheavy....even bigger than the Ramunia (old name for thheavy)time.....

TomJerry

1,286 posts

Posted by TomJerry > 2014-02-09 23:41 | Report Abuse

THHE compare with others oil & gas is cheaper , still below 1.00 ......

mchess77

66 posts

Posted by mchess77 > 2014-02-09 23:43 | Report Abuse

The Company has to show improvement in its profitability first. Then the investors woud believe that the Company can more generate profits from its future projects. More projects without growth in its profitability or margins expansion are meaningless... Anyone knows when is the Company going to announce its results!???

viper88

1,798 posts

Posted by viper88 > 2014-02-10 01:35 | Report Abuse

Financial qtr result will be out end of Feb.

jt5774

579 posts

Posted by jt5774 > 2014-02-10 09:12 | Report Abuse

Buy before it too late, 1.00 insight.

fifijalal

1,032 posts

Posted by fifijalal > 2014-02-10 09:31 | Report Abuse

did u guys read about thheavy on theedge? 1.5b job almost secured.

viper88

1,798 posts

Posted by viper88 > 2014-02-10 10:00 | Report Abuse

Very strong buying today....big players accumulating in big vol.

breadman

310 posts

Posted by breadman > 2014-02-10 10:02 | Report Abuse

would u share the link, fifi? i cannot find the article

fifijalal

1,032 posts

Posted by fifijalal > 2014-02-10 10:23 | Report Abuse

breadman, i read the hardcopy. TH seems to be the sole bidder for that 1.5b fpso project. so it is almost a done deal man. if u happen to buy theedge, the news is on the front page. it is still not on the star yet, so better hurry traders.

breadman

310 posts

Posted by breadman > 2014-02-10 10:29 | Report Abuse

alright...no worries...i am on the boat d....=)

fifijalal

1,032 posts

Posted by fifijalal > 2014-02-10 10:31 | Report Abuse

cool man, hope the best for both of us :)

Hitman

1,299 posts

Posted by Hitman > 2014-02-10 10:35 | Report Abuse

Someone told my friend THHEAVY will soar till RM5, but will take around 2 years..will it possible?..anyone here have the info can we share..

fifijalal

1,032 posts

Posted by fifijalal > 2014-02-10 11:30 | Report Abuse

lets take one step at a time. break rm1 first.

Posted by Muziman Syah > 2014-02-10 11:37 | Report Abuse

lot of dramas la this konter

WY Chan

1,378 posts

Posted by WY Chan > 2014-02-10 11:45 | Report Abuse

Drama... with this snail pace... no where near RM1.00.

mamamian

20 posts

Posted by mamamian > 2014-02-10 12:43 | Report Abuse

praying hard....

VeryPoison

196 posts

Posted by VeryPoison > 2014-02-10 14:51 | Report Abuse

Just a recap what happened to the "news" posted on The Star about THHEAVY awards last year which turned out the opposite. Trade on your own gut and risk. Hope everyone make good return on your investment. Good luck.

viper88

1,798 posts

Posted by viper88 > 2014-02-10 15:03 | Report Abuse

High vol transaction today value abt RM15million currently, AVG 71% buy at 0.921.
Big players control price movement well.

viper88

1,798 posts

Posted by viper88 > 2014-02-10 15:20 | Report Abuse

For experience traders/investors.. this the strategy use by the big players buy/sell in big vols to make the stock counter to appear in Top 10 active stocks to get more attention for other big players to join in the active trades.

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