Posted by WY Chan > 2014-03-25 13:33 | Report Abuse

the snail pace movement is killing me!!

Posted by Joel > 2014-03-25 16:36 | Report Abuse

anytime Thheavy will rebound near at RM1.00.
juz wait. patient.

Posted by Clj Jun > 2014-03-25 18:01 | Report Abuse

At least today has high buying preasure and successfully regain support from 0.870. Finally was closed 0.885 at last minute.

Posted by kuttyravi > 2014-03-25 18:42 | Report Abuse

WY CHAN still making profit but profit drop slightly compared to when its RM1 above , because bought it at lower price....thinking now to grab further at 88 sen...lets watch the fun....its all depends on stamina...if investors cant stay longer then its frightening..!!

Posted by eu7985 > 2014-03-25 21:21 | Report Abuse

Boat today near close period @ 0.885, 200 lot, hope can gain some as last time it fly I miss to join..

Posted by John2000 > 2014-03-25 23:28 | Report Abuse

kuttyravi, if what you said is what you do, you are really a rich man. But can we trust you...?

Posted by breadman > 2014-03-25 23:53 | Report Abuse

trust yourself john....u see yourself as a investor or trader? hehe~

Posted by eu7985 > 2014-03-26 07:37 | Report Abuse

Join stock market the purpose is gainmoney, if can get return in short time, who want to hold it long time ler?

Posted by OptimusX8 > 2014-03-26 07:41 |

Post removed.Why?

Posted by amus > 2014-03-26 08:04 | Report Abuse

Profanity.

Posted by fifijalal > 2014-03-26 10:00 | Report Abuse

apa pasal naikkkkk

Posted by Clj Jun > 2014-03-26 10:01 | Report Abuse

Hold tight, more will coming.

Posted by small_investor > 2014-03-26 10:05 | Report Abuse

high volume today should close at 0.925

Posted by afifi > 2014-03-26 10:06 | Report Abuse

buy lah ramai dah trap rm 1

Posted by wploun > 2014-03-26 10:07 | Report Abuse

Rebound already, time to collect more ????

Posted by afifi > 2014-03-26 10:08 | Report Abuse

more

Posted by Clj Jun > 2014-03-26 10:09 | Report Abuse

Just ignore about the high selling pressure, when goreng is really come. The share price is controlled by the company but not the contra players.

Posted by kerengga > 2014-03-26 10:12 | Report Abuse

=)

Posted by Clj Jun > 2014-03-26 10:13 | Report Abuse

So far stop at 0.90, just wait and see this afternoon.

Posted by bezfen08 > 2014-03-26 10:18 | Report Abuse

is there any new project awarded?Nosong?FPSO?or maybe both of it?who knows..

Posted by Clj Jun > 2014-03-26 10:24 | Report Abuse

Probably is just share price adjustment because thheavy was dropped too low at last few days. The reasonable price should be 0.900~0.910

Posted by kuttyravi > 2014-03-26 11:22 | Report Abuse

john2000 , just follow your gut feeling and trust me also...need stamina...

Posted by Bobby31 > 2014-03-26 12:24 | Report Abuse

dont worry will drop back

Posted by Joel > 2014-03-26 13:19 | Report Abuse

Sudah 1/4 bangun...

Posted by WY Chan > 2014-03-26 17:37 | Report Abuse

BESOK PASTI KANTOI

Posted by Clj Jun > 2014-03-26 18:32 | Report Abuse

The downside MACD gaps are getting smaller, thheavy will rise soon.

Posted by TomJerry > 2014-03-26 18:37 | Report Abuse

Really . Hoping so rebounds soon ......

Posted by Ameera > 2014-03-26 20:15 | Report Abuse

Pls rebounds fast fast.... I m stucked at 0.935...:(

Posted by eu7985 > 2014-03-26 21:09 | Report Abuse

Out today 0.90, small gain enough d

Posted by breadman > 2014-03-27 00:24 | Report Abuse

RSI => 29%
Bolliger band => touches the middle line
MACD => MACD line had a slight turn hopefully will cross the signal line
Volume => still low
happy trading cheer~

Posted by bezfen08 > 2014-03-27 08:29 | Report Abuse

guys,latest news that I got..refer here..http://www.nst.com.my/business/todayspaper/th-heavy-lifting-load-up-capacity-at-yard-1.534103

Posted by bezfen08 > 2014-03-27 08:35 | Report Abuse

On the FPSO system, Zainol said TH Heavy is bidding for a contract by an international O&G player that, if materialised, would mark its first venture into the FPSO segment.

Describing the contract value as “a reasonable charter rate”, Zainol said TH Heavy is close to sealing the deal, likely in the first half of this year.

Read more: TH Heavy lifting load-up capacity at yard - Today's Paper - New Straits Times http://www.nst.com.my/business/todayspaper/th-heavy-lifting-load-up-capacity-at-yard-1.534103#ixzz2x7QdZbDG
..

Posted by bezfen08 > 2014-03-27 08:38 | Report Abuse

looks like THHEAVY will seal the deal shortly..lets wait for it..i estimate RM 1billion and long term contract maybe for the FPSO..

Posted by Joel > 2014-03-27 10:06 | Report Abuse

KUALA LUMPUR: TH Heavy Engineering Bhd is upgrading its fabrication yard to achieve a fourfold increase in load-up capacity to 8,000 tonnes by the third quarter of this year.

Posted by Joel > 2014-03-27 10:06 | Report Abuse

Its general manager for marine, Zainol Abiddin Johari, said the upgrade is expected to push the yard’s current annual capacity above 20,000 tonnes, depending on the evaluation done by Petroliam Nasional Bhd (Petronas).

Posted by Joel > 2014-03-27 10:07 | Report Abuse

TH Heavy is the third largest oil and gas (O&G) facilities fabricator in Malaysia.


“Annual capacity is evaluated and approved by Petronas, based on the available job contracts,” he said at the O&G exhibition held in conjunction with the Offshore Technology Conference Asia, here, yesterday.

Posted by Joel > 2014-03-27 10:07 | Report Abuse

TH Heavy’s fabrication yard on Pulau Indah, which is also the only such facility in the Klang Valley, completed the first phase of modernisation last year, which allowed it to undertake major offshore and onshore fabrication works.

Zainol said the expansion is part of TH Heavy’s strategy to strengthen its position in the country’s highly-competitive O&G fabrication industry.

Posted by Joel > 2014-03-27 10:08 | Report Abuse

“There are eight players in the industry, with SapuraKencana and Malaysia Marine and Heavy Engineering being the top two players. We can safely say that we are number three,” he said.

“We have many plans in the pipeline to push the company forward and in becoming a credible global O&G player,” he added.

Apart from fabrication, TH Heavy is also involved in hook up commissioning (HUC) and offshore crane manufacturing.

Posted by Joel > 2014-03-27 10:08 | Report Abuse

It is also in the early stages of diversifying its services into the Floating Production Storage and Offloading (FPSO) system.

“Each crane costs some RM5 million on average. We build the cranes at our workshop on Pulau Indah. Delivery usually takes about 48 weeks,” he said.

Posted by Joel > 2014-03-27 10:08 | Report Abuse

On the FPSO system, Zainol said TH Heavy is bidding for a contract by an international O&G player that, if materialised, would mark its first venture into the FPSO segment.

Posted by Joel > 2014-03-27 10:09 | Report Abuse

Describing the contract value as “a reasonable charter rate”, Zainol said TH Heavy is close to sealing the deal, likely in the first half of this year.

“Our venture into FPSO is very important as it will allow us to have a more sustainable and persistent cash flow due to the long-term contract tenure of around 10 years,” he said.

“Right now, we are focusing on this particular FPSO, but moving forward, we plan to own more FPSO units as we see this segment as a potential revenue driver for the group,” he added.

Posted by Joel > 2014-03-27 10:09 | Report Abuse

Through its unit THHE Fabricators Sdn Bhd, it has secured contracts from local and international O&G players, including Petronas Carigali, Shell, Talisman, Murphy, ExxonMobil and Woodside.

THHE Fabricators has executed more than 16 modules and topside structures, and 15 substructure fabrications.

With its first batch of own-brand cranes expected to be launched in June, Zainol said TH Heavy is committed to growing its crane business as it as an important component in offshore services.

Currently, TH Heavy has the capacity to produce six offshore crane units per year and, with a full take-up rate, it expects the segment to contribute between 10 and 15 per cent to the
group’s revenue.

Posted by Joel > 2014-03-27 10:11 | Report Abuse

Thheavy might become like big OG Campany begin fr now like MHB, Coastal maybe.
buy in below RM1.00.

Posted by kuttyravi > 2014-03-27 16:01 | Report Abuse

buy ...buy...good potential for TH HEAVY !!!...KEEP IT SOME TIME( at least 1 year from today )...YOU GUYS WILL BE REWARDED !!!

Posted by kuttyravi > 2014-03-27 17:46 | Report Abuse

its a good start 20,000 ton is about 20 million kilogram...its sizeable to do a bigger project for O&G COMPANY like Petronas....so keep buying TH HEAVY ..will make big profit....

Posted by TomJerry > 2014-03-27 20:08 | Report Abuse

Same as what your said . Keep it for mid term n get the good returns .....

Posted by tcgien > 2014-03-28 16:40 | Report Abuse

coming soon. can start to collect slowly

Posted by ch741001 > 2014-03-29 17:23 | Report Abuse

Comming soon

Posted by TomJerry > 2014-03-29 22:20 | Report Abuse

Next monday will on the track again ....... engine start .

Posted by bezfen08 > 2014-03-30 00:09 | Report Abuse

new project such the SK316(that last year THheavy was the frontrunner according to a newspaper) will be offer for bidding..looks like another opportunity for thheavy to rise..refer here... http://www.theborneopost.com/2014/03/29/kawasari-cpp-in-block-sk316-off-sarawak-in-pre-qualified-feed/