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

Posted by zubairkedah > 2014-10-15 15:42 | Report Abuse

Apasal jatuh teruk angat ni......

Ameera

2,921 posts

Posted by Ameera > 2014-10-15 15:43 | Report Abuse

Any bad new?

Steventeo

342 posts

Posted by Steventeo > 2014-10-15 15:46 | Report Abuse

PN 17 ??????

Ameera

2,921 posts

Posted by Ameera > 2014-10-15 15:48 | Report Abuse

I think gonna be to PN17!

Posted by YangBerhormat > 2014-10-15 15:49 | Report Abuse

Deepavali sale...

Meng

1,148 posts

Posted by Meng > 2014-10-15 15:51 | Report Abuse

Tabung Haji still support..! i guess crude oil dropping..o&g habiss

stonenut

2,776 posts

Posted by stonenut > 2014-10-15 15:54 | Report Abuse

Will get back to 0.90 very soon...

jjalexey

68 posts

Posted by jjalexey > 2014-10-15 15:55 | Report Abuse

recession is coming ! Oil trades at Multi year lows !

jjalexey

68 posts

Posted by jjalexey > 2014-10-15 15:57 | Report Abuse

skpetro , mhb , terrible drop too !!!

stonenut

2,776 posts

Posted by stonenut > 2014-10-15 15:58 | Report Abuse

Just oil price drop...no worries...

jjalexey

68 posts

Posted by jjalexey > 2014-10-15 15:58 | Report Abuse

ya..very soon , take 365 days !

slampdung

46 posts

Posted by slampdung > 2014-10-15 16:03 | Report Abuse

Oil price will not get lowet than 80. So this is kinda the bottom.

craptree

4,356 posts

Posted by craptree > 2014-10-15 16:05 | Report Abuse

it takes 12 month from 40c rise to 98c..... it takes 1 month to drop 92c to 53c

Meng

1,148 posts

Posted by Meng > 2014-10-15 16:06 | Report Abuse

he ain't heavy, he's my brother ........

Meng

1,148 posts

Posted by Meng > 2014-10-15 16:07 | Report Abuse

oil price soon below 80, next TP oil usd77/barrel.....

VeryPoison

196 posts

Posted by VeryPoison > 2014-10-15 16:15 | Report Abuse

it will be bottomless... at this point of time... I really see no point selling.... so, just shutdown and hold....aiks... kek sim.

VeryPoison

196 posts

Posted by VeryPoison > 2014-10-15 16:20 | Report Abuse

Whoever play warrant.......

Steventeo

342 posts

Posted by Steventeo > 2014-10-15 16:22 | Report Abuse

will drop to 0.30 ?????????? nightmare.,

Ameera

2,921 posts

Posted by Ameera > 2014-10-15 16:24 | Report Abuse

Omg.. So low kah 0.30...:(:(

Posted by YangBerhormat > 2014-10-15 16:29 | Report Abuse

everyday got T3, but today's volumn so huge, expecting a lot of contra kaki vomit on Friday...

craptree

4,356 posts

Posted by craptree > 2014-10-15 16:34 | Report Abuse

ameera.... I have told you.... now just hold on.... buy more when overall market more stable.....

Ameera

2,921 posts

Posted by Ameera > 2014-10-15 16:50 | Report Abuse

@craptree....yes.....my only choice now is hold...too late to sell...:(:(

stonenut

2,776 posts

Posted by stonenut > 2014-10-15 17:06 | Report Abuse

KUALA LUMPUR: CIMB Equities Research has advised investors to accumulate shares of TH Heavy Engineering (THHE) following the recent share price fall brought about by the soft second quarter. 

It said on Thursday THHE’s fabrication business was lumpy but it took comfort in the long-term nature of the floating production, storage and offloading (FPSO) business, which involved an eight +10 years US$372mil contract in May.

“Furthermore, the stock's valuations are undemanding at 9.0 times to 13 times FY15-16 earnings, lower than the sector average of 14 times to 16 times,” it said.

CIMB Research issued the report after THHE proposed to place out new shares of up to 10%, of which the first tranche of 5% or 52.796 million shares would be placed to Pelaburan Mara Bhd (PMB) at 80 sen a share. 

“The gross proceeds of RM42m from the 5% placement will be used to facilitate THHE's yard expansion and FPSO venture. The 5% placement is slated for completion by mid-October,” it said.

CIMB Research said PMB is an investment and asset management company which is a unit of Majlis Amanah Rakyat (MARA), a government agency. PMB is buying a stake in  THHE amidst the latter's operational improvement. 

To recap, THHE went through a rough patch in 2Q, prompting it to make RM9mil provisions for the fabrication and transport & installation businesses.

“However, we understand that the company has returned to the black in 3Q and aims to secure a sizeable fabrication contract by year-end to expand its order book of RM1.5bil at end-August. PMB will be THHE's third largest shareholder, after Lembaga Tabung Haji (LTH) (31.6%) and Tan Sri Quek (9.1%)," said the research house. 

After imputing the new shares from the 5% placement, the research house expects to lower its fully-diluted EPS by 1% for FY14, 4% for FY15 and 4% for FY16.

stonenut

2,776 posts

Posted by stonenut > 2014-10-15 17:06 | Report Abuse

In september the newd can be such good just like I post on top

Nancy Tang

853 posts

Posted by Nancy Tang > 2014-10-15 17:38 | Report Abuse

OMG ... blood all over the place !!!

99kandar

398 posts

Posted by 99kandar > 2014-10-15 17:44 | Report Abuse

Aiyoyo...Deepavali Cheap Sales ...
will go down below 0.50 sen lo .. if no rebounce by tomorrow ..
Pity so many uncle auntie got stuck....

stonenut

2,776 posts

Posted by stonenut > 2014-10-15 18:19 | Report Abuse

Many get stuck at 0.90...but thheavy still a good buy at this price,,, mainly government bodies investors

stonenut

2,776 posts

Posted by stonenut > 2014-10-15 18:20 | Report Abuse

If one day like perisai can reach 1.60 easily

maggiel

603 posts

Posted by maggiel > 2014-10-15 18:34 | Report Abuse

dun deny is currently a good price, but i think can go lower to 0.47...... will pick up more then.....

stonenut

2,776 posts

Posted by stonenut > 2014-10-15 18:38 | Report Abuse

Datuk wish lor..10 cent...u think sumatec ka?

Posted by Kamaru BahariBakar > 2014-10-15 18:43 | Report Abuse

Good time to collect . Never happen again in future. I guess support level for THH WA is $0.10. anybody agree?

maggiel

603 posts

Posted by maggiel > 2014-10-15 19:08 | Report Abuse

WA got support level one ka? mother go up wa go up loh..... mother go down wa go down loh.....

maggiel

603 posts

Posted by maggiel > 2014-10-15 19:11 | Report Abuse

wa plays on sentiments, usually when a mother drops, wa drops more than mother.... if mother climbs fast, wa climbs even faster......
is good price, but can it go lower? just when to enter.....

maggiel

603 posts

Posted by maggiel > 2014-10-15 19:14 | Report Abuse

warrant players be careful..... maturity date Dec-20-2014 which is very soon...... currently warrant still at a premium of around 8 cents based on closing price today.....
warrant price will naturally converge to be on-par with mother share taking into consideration the exercise price as it closes in on maturity.......

maggiel

603 posts

Posted by maggiel > 2014-10-15 19:18 | Report Abuse

@kamaru - if mother price rebounds before Dec by 8 cents of lower, or worst scenerio, mother price remain stagnant or drop, come Dec-2014, wa will be worthless.....
my suggestion, if you feel it is currently cheap, it would be a lot safer to buy into the mother share.....

high risk high return, if market rebounds back above 60cents tmw, you will gain a lot from wa.... the final decision is always your own to make

bravoUp

541 posts

Posted by bravoUp > 2014-10-15 19:25 | Report Abuse

warrant worth 2.5 cent at current mother 53.5 cent. Exercise price price 51 cent

For comparison

TMC life 13.5 cent, mother 53.5, exercise price 40 cent.

Both THH and TMC expire about the same time this december.

Posted by doraemon_dreamhunter > 2014-10-15 19:48 | Report Abuse

Wah very sick huh today? Remind me of everyday sick ramunia...

Posted by doraemon_dreamhunter > 2014-10-15 19:49 | Report Abuse

30 cent also can lah

Ameera

2,921 posts

Posted by Ameera > 2014-10-15 20:09 | Report Abuse

If at 0.30 then I will buy more to average down.... Hopefully not...

stonenut

2,776 posts

Posted by stonenut > 2014-10-15 21:04 | Report Abuse

Dreamhunter mari kacau here again

sengkee

2,060 posts

Posted by sengkee > 2014-10-15 21:07 | Report Abuse

Tomorrow will test 0.45?

dragonfruits

1,285 posts

Posted by dragonfruits > 2014-10-16 00:20 | Report Abuse

Becoz this bankrapcy recorded counter

hocklai

265 posts

Posted by hocklai > 2014-10-16 01:12 | Report Abuse

thheavy dont need support...he likes freedom fall

Posted by snapper mal > 2014-10-16 09:33 | Report Abuse

O/SOLD YESTERDAY,,,,UP/UP

Meng

1,148 posts

Posted by Meng > 2014-10-16 09:41 | Report Abuse

Buyyyy $$$$$$$

Meng

1,148 posts

Posted by Meng > 2014-10-16 15:09 | Report Abuse

$$$$$$$

dragonfruits

1,285 posts

Posted by dragonfruits > 2014-10-16 15:33 | Report Abuse

What announcement?

33448923

487 posts

Posted by 33448923 > 2014-10-16 16:01 | Report Abuse

BUY 0.545 ..to day harap keputusan yang betur.

beeair2013

195 posts

Posted by beeair2013 > 2014-10-16 16:26 | Report Abuse

Those who hold Warrant that going to expire this December, should buy the mother share once the share drop below 0.51 when margin call kick in. Bcos your warrant's right becomes worthless by then.

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