Its normal, thheavy is overbought but you will notice it wont drop much, this is a good uptrend sign and showing thheavy is forming another higher bottom.
Old news lah. I think price will pause until RAPID Award projects like Langat 2 announce winners and moved Azrb, MMC & Salcon. So It is only a matter of time The News of Project Awards Will Be Out For All Oil & Gas Counters To Move.
In the absence of Good News & Football Fever in June. Best is to "Buy On Weakness" in those Oil & Gas Stocks which still have not moved yet.
I KEEP TELLING WAIT FOR FPSO PROJECT AWARD....ALL BIG INVESTORS WAITING FOR PANIC SELLER...IN FACT I ALSO WAITIING FOR PANIC OR IMPATIENT RETAIL INVESTOR ...SO THAT I CAN BUY MORE AT PRICE BELOW RM 1 ...ONCE FPSO AWARDED AND OTHER NEW PROJECTS THEN YOU GUYS WILL SEE THE PRICE WILL EXPLODE....SO HOLD ON TO YOUR SHARES...IMPATIENT INVESTORS SELL NOW BUYERS LIKE ME READY TO GRAB MORE !!
This stock really testing my patience..... once buy be prepared to hold ... THH ...TOLONG HOLD HOLD......up 1 day down 5 days.......ish ish ..... too heavy to move....
No need to wait thheavy, just buy in then leave it and ignore about this counter. Thheavy sure will goreng but we dunno idls when. So pay attention to other counters, dont concentrate only thheavy in your portfolio. Im almost forgot i have holding thheavy. Just turn your attention to SONA now. Im watching this coumter now and waiting to collect some.
in summary.....“In less than 12 months, Tan Sri Quek Leng Chan, along with parties associated with him have acquired substantial stakes in two Bursa-listed oil and gas service providers – TH Heavy Engineering Bhd and Alam Maritim Resources Bhd (not rated).
“We believe that there could possibly be more acquisitions and possible mergers on the horizon, instigated by Tan Sri Quek and his associates,” Tan opined, pegging this theory as the research firm’s ‘Mosaic Theory’ and noted that it is still subjected to ‘the test of time’.
Overall, the research firm pegged a positive stance on the sector as positive sentiment is expected based on potential M&As to continue to spur investors’ interest in Bursa-listed O&G service providers.
WY Chan , we need more investors like you , who got stamina to hold on to their shares and need patient , i know sometimes is frustrating but good things most of the times comes slowly and suddenly !!!! FPSO is slowly but surely !!!!...so , be patient !!! if you investors cannot wait dont play shares at all !!!
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....
Joel
4,580 posts
Posted by Joel > 2014-04-14 12:46 | Report Abuse
Thheavy price might exceed Scomies.