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

Dylan1027

1,113 posts

Posted by Dylan1027 > 2014-07-21 09:32 | Report Abuse

Trade carefully ... Thheavy heavily manupulated

afifi

2,036 posts

Posted by afifi > 2014-07-21 09:32 | Report Abuse

ya lah bocor,,

zu1967

3,791 posts

Posted by zu1967 > 2014-07-21 09:34 | Report Abuse

Duit raya la tu

zamsaham

778 posts

Posted by zamsaham > 2014-07-21 09:38 | Report Abuse

kapal dah berlabuh... u turn balik. Zone 0.98-1.00 is Zone Perang

Posted by george_poros > 2014-07-21 09:43 | Report Abuse

kaya aku ... wooohoooo

joerakmo

725 posts

Posted by joerakmo > 2014-07-21 09:44 | Report Abuse

comeback kid....must have stamina.HLeong Quek has not sold any yet

muiche

24 posts

Posted by muiche > 2014-07-21 09:55 | Report Abuse

wow... can someone tell me what happened to this counter this morning?

InvestMrZ

119 posts

Posted by InvestMrZ > 2014-07-21 09:59 | Report Abuse

gg. Trapped at 0.930. T.T

midas_max

129 posts

Posted by midas_max > 2014-07-21 10:13 | Report Abuse

No news. Just simple goreng price.

tekken

797 posts

Posted by tekken > 2014-07-21 10:20 | Report Abuse

yum yum

joerakmo

725 posts

Posted by joerakmo > 2014-07-21 10:41 | Report Abuse

sadly nothing provokes a chase like a running rabbit!!

joni

1,255 posts

Posted by joni > 2014-07-21 10:43 | Report Abuse

look aggresive ; hope to close above 97 for next TP 1.01

Amir Is

13 posts

Posted by Amir Is > 2014-07-21 10:46 | Report Abuse

sell now or wait?

joerakmo

725 posts

Posted by joerakmo > 2014-07-21 11:02 | Report Abuse

bliss,
thnx for the heads up

Posted by SILENTKILLER > 2014-07-21 11:35 | Report Abuse

hold....read CIMB research carefully...read 2-3 times...the anwer is there!

33448923

487 posts

Posted by 33448923 > 2014-07-21 11:41 | Report Abuse

1.00++ IS COMING

33448923

487 posts

Posted by 33448923 > 2014-07-21 11:42 | Report Abuse

duit raya sudah Mari~~~~~

VeryPoison

196 posts

Posted by VeryPoison > 2014-07-21 11:48 | Report Abuse

wah! apa terjadi?

Sham Muzz

48 posts

Posted by Sham Muzz > 2014-07-21 11:48 | Report Abuse

wwooowww!!!
amazing naik....terbaik...

selamba

478 posts

Posted by selamba > 2014-07-21 12:08 | Report Abuse

yahoo aku dh dpt duit raya sakan brooo

VeryPoison

196 posts

Posted by VeryPoison > 2014-07-21 12:30 | Report Abuse

actually what is the news ?

Posted by enriqueli8 > 2014-07-21 12:37 | Report Abuse

The news is duit raya kickoff now.

VeryPoison

196 posts

Posted by VeryPoison > 2014-07-21 12:38 | Report Abuse

"Yet, its valuations are the cheapest, at 8.0-12 times FY15-16 earnings. Earnings visibility is solid given the FPSO contract,” said CIMB Research." - Cropped from The Star.

johnny cash

6,400 posts

Posted by johnny cash > 2014-07-21 12:52 | Report Abuse

T(oo) H(ot!)
Undervalued and under-researched, THHE is set to chart a blazing,
sector-beating 3-year EPS CAGR of 106%, thanks to a bigger yard and
fresh forays into FPSO and T&I. Look no further for a stock that offers
a tantalising combination of highest growth and cheapest valuations.
We begin coverage with an Add call. A
growing order book and successful
FPSO and T&I ventures are the
potential re-rating catalysts. We value
the stock at a CY15 P/E of 16.4x, a
30% discount to the average P/E of
the oil & gas big caps. THHE replaces
Perisai as our top pick among the oil
& gas small caps.
From fabrication...
Formerly known as Ramunia, TH
Heavy Engineering (THHE) has its
roots in fabrication, where operations
are carried out at its 57-acre yard in
Pulau Indah. To compete better with
its bigger rivals, the company is
upgrading and doubling the yard's
capacity to 20,000 tonnes p.a. by
end-3Q14. Furthermore, THHE's JV
with US-based McDermott allows it to
tap on the American company's
300-acre Batam yard and engineering
capabilities.
...to FPSO and T&I
To reduce its dependence on
fabrication contracts which tend to be
lumpy, THHE has made inroads into
the floating production, storage and
offloading (FPSO) and transport and
installation (T&I) businesses whose
income is longer term in nature. In
May 2014, THHE secured a 9-year
US$372m FPSO contract, with
extension options of up to 10 years.
Its key FPSO asset is 80%-owned
Deep Producer 1 (DP1). The company
has exposure to T&I through its 30%
stake in McDermott's pipelay barge
DB30.
RM1.6bn record order book
The US$372m FPSO contract
catapults THHE's order book to a new
record of RM1.6bn. The only way for
the order book to go is up following
the ongoing yard expansion. The
company also plans to add three more
FPSO vessels over the next five years.
106% 3-year EPS CAGR
We are the second research house to
cover THHE, which has been largely
overlooked by the market. The stock
presents the most attractive growth
story in our oil & gas portfolio,
offering a 3-year EPS CAGR of 106%,
significantly above the sector average
of 34%. Yet, its valuations are the
cheapest, at 8-12x FY15-16 earnings.
Earnings visibility is solid given the
FPSO contract.

johnny cash

6,400 posts

Posted by johnny cash > 2014-07-21 12:53 | Report Abuse

1.20 CIMB TARGET PRICE

John2000

168 posts

Posted by John2000 > 2014-07-21 15:02 | Report Abuse

miss boat

AyamTua

13,598 posts

Posted by AyamTua > 2014-07-21 15:04 | Report Abuse

if you all missed the THHEAVY boat
JOM MASUK IFCAMSC !
GST BOAT MAU BERJALAN
LAI LAI LAI

GST 2015 coming soon
wakakakakak

lewkokseng

116 posts

Posted by lewkokseng > 2014-07-21 16:17 | Report Abuse

still boleh naik boat thhv?

ayam

115 posts

Posted by ayam > 2014-07-21 16:31 | Report Abuse

Naik je. Untung sabut timbul, untung batu tenggelam. Untung th heavy mcm kapal selam, timbul tenggelam

33448923

487 posts

Posted by 33448923 > 2014-07-21 17:01 | Report Abuse

besok harap boleh naik jet~~~

zu1967

3,791 posts

Posted by zu1967 > 2014-07-21 17:03 | Report Abuse

Wakakajajajkakakkajaka.

THSSHT

22 posts

Posted by THSSHT > 2014-07-21 17:07 | Report Abuse

nail boat KGB, akan datang

Posted by amywong111888 > 2014-07-21 20:40 | Report Abuse

knapa kgb, u confident ke, ada apa news?

Ameera

2,921 posts

Posted by Ameera > 2014-07-21 21:02 | Report Abuse

No wonder today's gap up....due to CIMB' s TP at 1.20....:)

promaxsam

172 posts

Posted by promaxsam > 2014-07-21 21:05 | Report Abuse

All trap by CIMB analysis , those bought 0.90 to 0.97 leg will shake .

Posted by Noraini Ismail > 2014-07-21 21:10 | Report Abuse

THH ....at last breakout......luckily bot 0.815 last Friday..placed sell 0.830
Woke up late today ....found out gap up 0.88 & got this price instead of 0.83
Wow never knew Abang Aji so generous this Raya ....shukur alhamdulilah.....

dragonfruits

1,285 posts

Posted by dragonfruits > 2014-07-21 21:16 | Report Abuse

In fact nobady bot at 0.97

Ameera

2,921 posts

Posted by Ameera > 2014-07-21 21:22 | Report Abuse

@noraini Ismail.... You are so lucky! Good for you:)

Joel

4,580 posts

Posted by Joel > 2014-07-21 21:30 | Report Abuse

I think will up until rm1.00.

myshare

232 posts

Posted by myshare > 2014-07-21 21:37 | Report Abuse

My TP is 0.95..will dump all. Stuck for long time..

myshare

232 posts

Posted by myshare > 2014-07-21 21:38 | Report Abuse

Looking at East Malaysia based..something brewing..

Posted by SeriousInvestor1945 > 2014-07-22 01:26 | Report Abuse

Q's counter, buying without regrets, hopefully Alam and HLI will follow!

Posted by amywong111888 > 2014-07-22 08:18 | Report Abuse

yesterday closed at rm0.92, still can buy?

craptree

4,356 posts

Posted by craptree > 2014-07-22 08:36 | Report Abuse

rights issue coming.... the price will last for 5 days....

Posted by george_poros > 2014-07-22 09:27 | Report Abuse

sell all, sleep and wait for the next wave

Mel2learn

146 posts

Posted by Mel2learn > 2014-07-22 10:58 | Report Abuse

craptree: haha. Sure?

craptree

4,356 posts

Posted by craptree > 2014-07-22 13:37 | Report Abuse

maybe....

cherry tomato

1,880 posts

Posted by cherry tomato > 2014-07-22 13:56 | Report Abuse

right issue? no wonder the price up so drastic, let some people clear their stock.
Now drop back.

33448923

487 posts

Posted by 33448923 > 2014-07-22 15:26 | Report Abuse

ini hari x da power....munkin rehat koh besok up kau kau punya

7Up7Up

17 posts

Posted by 7Up7Up > 2014-07-22 16:39 | Report Abuse

Come again!

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