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

ImCK

3,086 posts

Posted by ImCK > 2015-02-10 16:54 | Report Abuse

Congratz all shareholder !!!! TP 0.50 mari liao bulllish signal

viper88

1,798 posts

Posted by viper88 > 2015-02-10 16:58 | Report Abuse

Cantek..

musashi69

1,062 posts

Posted by musashi69 > 2015-02-10 19:32 | Report Abuse

who cares about anuar la..life goes on la..stocks not gonna affected for sure..

musashi69

1,062 posts

Posted by musashi69 > 2015-02-10 19:40 | Report Abuse

zamsaham..PN17? since when? high on daun ketum izzit >?

greddym3

286 posts

Posted by greddym3 > 2015-02-10 19:45 | Report Abuse

zamsaham next time please check facts first

viper88

1,798 posts

Posted by viper88 > 2015-02-10 20:20 | Report Abuse

I think zamsaham still stuck at Ramunia time era...

If chk today vol.. its even 1.5X higher vol than 15 Oct 14 where price traded around 0.61-0.53 but rally up following days to 0.645 become consolidate lower and plunge with big vol at 10 & 13 Nov14 at price 0.53 - 0.47.

Today big vol and strong entry by big players with AVG 0.404, 68% buy, total transaction RM 29 million with big % trading at price range 0.40-0.42. Based on the movement and strong strength uptrend... the big player seems pushing the price back towards 0.45/0.47/ 0.51/0.53/0.57/0.60+.

Set own trading plan if want to buy/hold/sell.

annmix

1,521 posts

Posted by annmix > 2015-02-10 21:18 | Report Abuse

those goreng perisai n thheavy are same gang.. when perisai start clear all the blocks same timebthheavy too..... alam n icon also same gang..hopefully tomorow will be continue uptrend

dragonfruits

1,285 posts

Posted by dragonfruits > 2015-02-10 21:21 | Report Abuse

THSAI

annmix

1,521 posts

Posted by annmix > 2015-02-10 21:24 | Report Abuse

Haha dont sounds that plesant !

viper88

1,798 posts

Posted by viper88 > 2015-02-10 23:38 | Report Abuse

THHEAVY have strength.. can see from its RSI.. the buying pressure is strong. THHEAVY price get hit 1st on the proposal of rights & bonus issues on 7/10/14.

Its price plunged deep down 0.825 till 0.725 and continue to drop continuously for few days till hit 0.53 and then only the big players support came in on 15/10/14 and push up back till 0.645 on 31/10/14. Price then drop till the range of 0.53 - 0.47 - 13/11/14. Next drop is till 0.42 -0.40 - 1/12/14.

The big drop most likely coz of its warrant expiry and to avoid warrant conversion beside many -ve newsplay came out suddenly and world oil price also big drop. Panic sell and big players also exit fast.

Now with things more stabilize and oil price rebound, big players re-enter back with a big bang.
From technical chart, its very bullish uptrend and today seems 2 be the 1st day/start of price rally after the hold back on 4/2/14.

Above r just my own personal view for sharing.

ImCK

3,086 posts

Posted by ImCK > 2015-02-11 08:58 | Report Abuse

oil price up

annmix

1,521 posts

Posted by annmix > 2015-02-11 09:04 | Report Abuse

actually oil is down from USD52,till USd50 ++ now

ImCK

3,086 posts

Posted by ImCK > 2015-02-11 09:19 | Report Abuse

stable 50usd above is good up so many day price will be adjust its normal

annmix

1,521 posts

Posted by annmix > 2015-02-11 09:32 | Report Abuse

yes but already enough to cause bad sentiment on oil counter trade today..

Posted by soyabeannice > 2015-02-11 10:18 | Report Abuse

Come. Goreng thheavy

Posted by Raymond Wong > 2015-02-11 12:06 | Report Abuse

any news?

viper88

1,798 posts

Posted by viper88 > 2015-02-11 12:10 | Report Abuse

Yesterday strong entry by big players with AVG 0.404, 68% buy, total transaction RM 29 million big % trading at price range 0.40-0.42. Support lvl at 0.40.

viper88

1,798 posts

Posted by viper88 > 2015-02-11 16:29 | Report Abuse

AVG at 0.405

Dylan1027

1,113 posts

Posted by Dylan1027 > 2015-02-11 16:48 | Report Abuse

As usual, when market gap up TH move 2 cents but when market gap down TH fall 7-8%

viper88

1,798 posts

Posted by viper88 > 2015-02-11 19:16 | Report Abuse

Consolidate back to last week 23/1/15 high 0.39 support lvl.
Today trading vol is only half on the vol traded on 21 & 22/1/15 where the initial rise start.

wakakaka88

779 posts

Posted by wakakaka88 > 2015-02-12 08:58 | Report Abuse

right and bonus issued cancel..should be flying back to the roof..no dilution in share which the market already factored in by right should reverse that now...wakakakaka

Posted by Raymond Wong > 2015-02-12 09:06 | Report Abuse

Uptrend right....

wakakaka88

779 posts

Posted by wakakaka88 > 2015-02-12 09:34 | Report Abuse

should be uptrend...wakakakaka

wakakaka88

779 posts

Posted by wakakaka88 > 2015-02-12 09:35 | Report Abuse

now is even dirt cheap if no more right and bonus issued

Posted by Raymond Wong > 2015-02-12 10:02 | Report Abuse

good.....huat arr

wakakaka88

779 posts

Posted by wakakaka88 > 2015-02-12 10:03 | Report Abuse

some people heads will start rolling if is not up..wakakakakaka..PNB bought at 80 cents

Posted by winson_ming > 2015-02-12 10:11 | Report Abuse

fly away

viper88

1,798 posts

Posted by viper88 > 2015-02-12 10:16 | Report Abuse

Oil price drop abit but THHEAVY still +ve.
Big players already accumulate a lot during the plunge/ long downtrend.
Can c their trace of coming back, supporting and pushing the price up.

Posted by talkgoodandgod > 2015-02-12 14:11 |

Post removed.Why?

Posted by annmix111 > 2015-02-12 14:12 |

Post removed.Why?

annmix

1,521 posts

Posted by annmix > 2015-02-12 14:37 | Report Abuse

oh ya some loser appear again.. people with no moral just only do personal attack n cursing.. here is share trading forum.. not tanjung rambutan forum

Posted by KLSEAdvisor > 2015-02-12 15:36 | Report Abuse

It will push to high price then they propose right issue again. They need cash urgent.

Posted by Raymond Wong > 2015-02-12 16:21 | Report Abuse

TP?

viper88

1,798 posts

Posted by viper88 > 2015-02-12 23:04 | Report Abuse

Previously when Rights & bonus issue announcement.. price drop from 0.825 till 0.725.
Later continue drop till 0.53 and then only the big players support came in on 15/10/14 and push up back till 0.645 on 31/10/14. Price then continue drop back till the range of 0.53 - 0.47 - 13/11/14.

If based on the price support trend...strong support at 0.47 - 0.53. Next will be 0.53 - 0.645 - 0.725.
AVG support based on the above historical price will be around 0.50+/-, 0.59+/- & 0.68+/-.

Above r just my own personal view for sharing.

annmix

1,521 posts

Posted by annmix > 2015-02-12 23:46 | Report Abuse

crude oil n brent oil are up 3% now.. hope it will sustain n will be good for o&g counter tomolo !

sheep

3,849 posts

Posted by sheep > 2015-02-12 23:57 | Report Abuse

Dangerous counter...sell on strength.

viper88

1,798 posts

Posted by viper88 > 2015-02-13 10:13 | Report Abuse

Sheep: u can sell 1st and go away if cant take the risk or feel its dangerous.
Only for the strong heart and experience players.
If u still don't know what is going on now...too bad.


Buying strength today morning still very strong... hit 0.44 with good high vol buying %.
Buyer queue also good. +ve uptrend with strength.

VeryPoison

196 posts

Posted by VeryPoison > 2015-02-13 11:04 | Report Abuse

Viper88. You memang huat ady since Q4 last year till now. Good for you =)

viper88

1,798 posts

Posted by viper88 > 2015-02-13 11:35 | Report Abuse

VeryPoison: Hope u also made good profit. $$$$$.
More to come .. get ready to get more angpow.

Posted by Fadhil Karim > 2015-02-13 11:41 | Report Abuse

target today wat price?

Livinia

512 posts

Posted by Livinia > 2015-02-13 11:59 | Report Abuse

rm0.46 by today

WB1234

200 posts

Posted by WB1234 > 2015-02-13 12:24 | Report Abuse

TP 0.60 next week before CNY......

viper88

1,798 posts

Posted by viper88 > 2015-02-13 12:49 | Report Abuse

TGOFFS already 0.555, highest 0.57.
ICON offshore engine also still hot moving up strong 0.81 today.
THHEAVY going to catch up soon..

stonenut

2,776 posts

Posted by stonenut > 2015-02-13 14:40 | Report Abuse

Crude oil up..... tunggu apa? Thheavy still under value

Posted by Fadhil Karim > 2015-02-13 15:32 | Report Abuse

want to hold?

bing

3,794 posts

Posted by bing > 2015-02-13 18:12 | Report Abuse

90cents share 。。。may more to go。。。

cipapo

1,288 posts

Posted by cipapo > 2015-02-13 21:40 | Report Abuse

http://www.theedgemarkets.com/my/article/th-heavy-proposes-right-issue-iicps-raise-rm300-million

TH Heavy proposes right issue of IICPS to raise RM300 million

KUALA LUMPUR (Feb 13): TH Heavy Engineering Bhd ( Financial Dashboard) has proposed a rights issues of up to 1.2 billion new Islamic irredeemable convertible preference shares (IICPS) at 25 sen each, to raise a gross proceed of up to RM300 million.

In a filing with Bursa Malaysia today, TH Heavy (fundamental: 0.35; valuation: 0.3) said the tenure of the preference shares are five years, and the proceeds will be utilised mainly for capital expenditure, working capital, and repayment of debt.

The IICPS will have annual dividends rate of between 3% to 5%.

The company has not decided on the entitlement basis for the IICPS issue. Nevertheless, it expects the corporate exercise to be completed by second quarter of 2015.

TH Heavy appreciated two sen or 4.82% to 43.5 sen today, with 39.26 million shares traded, giving it a market capitalisation of RM461.1 million.

cipapo

1,288 posts

Posted by cipapo > 2015-02-13 21:41 | Report Abuse

this is going to dilute Thheavy shares....will go back to 0.30 soon..

optimusprime

1,149 posts

Posted by optimusprime > 2015-02-13 21:59 | Report Abuse

3% to 5% yield guaranteed by the fpso revenue... who want to hold mother share that has no yield?
profit for the next 5 years? mediocre.
paid up balloon to 2.4billion upon maturity. (if they still exist then)

entitlement should be 1:1
therefore post right 30c range forever?

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