Posted by viper88 > 2015-03-26 16:42 | Report Abuse

Come back is real ... after flush weak player... the big players re-enters back.. normal SOP.

Posted by annmix > 2015-03-26 19:09 | Report Abuse

Where are those people wanted to buy below 30-25sen

Posted by viper88 > 2015-03-26 23:14 | Report Abuse

Oil price surge up 6% after Saudi airstrike Yemen http://www.reuters.com/article/2015/03/26/us-markets-oil-idUSKBN0MK0Z020150326

Posted by annmix > 2015-03-26 23:20 | Report Abuse

Bro, 6%is this aftenoon already reflex on all oil n gas stock, drop back now only about 1.5% gain only.. Hopefully the gain sustain.. So can maintain the up momentum

Posted by rishi > 2015-03-27 12:38 | Report Abuse

It is positive to buy but we never know till when the saudi strikes will go on and the price seems promising as always. I'm afraid it is just a spike for few days. However, it's good to buy around 0.360-0.365.

Posted by maya1301 > 2015-03-30 17:18 | Report Abuse

Good to buy around 0.36??? Good support 0.38???
Later below 0.30 let see what viper88 want to goreng again..
Pls buy more!!!

Posted by viper88 > 2015-03-31 00:56 | Report Abuse

Price movement chgs with market sentiment and big players movement.
Big players movement & support lvl chg every few days... don't just stick to old historical data.
Buy/sell/hold at price suit own risk and plan.

Posted by rishi > 2015-03-31 10:43 | Report Abuse

Very true!! However, it's long squeeze that this stock been sticking around 0.33-0.345. Good to buy now before it expand. Good to accumulate though. Hopefully all this going to be well on the coming days. :D

Posted by viper88 > 2015-03-31 11:49 | Report Abuse

Yes, those big players entry from 0.33+ onwards before moving higher towards 0.40+ previously.
A lot big players & big shareholders still holding their shares inside. Alot small fish already drowned and flush out..maybe still have some still swimming if buy at good price and plan.

Posted by tomwah > 2015-04-01 19:52 | Report Abuse

No hope this counter

Posted by venomv > 2015-04-02 12:52 | Report Abuse

The problem with THheavy is the next Q1/Q2 Financials. If the loss accelerates another Rm60-100Mil loss (-ve) then you can definitely expect the share price to drop below 25-30 sen !!
Next result FY15 Q1 out in end of May.
Probably another Loss quarter.
Question is loss by how much ?

In the meantime, no point chasing shadows.
Better to wait and see...wait for durian to drop!!
Happy trading !!

Posted by rishi > 2015-04-13 17:02 | Report Abuse

seems like breaking the resistance but don't wanna break it. Haizz. If it breaks, surely will go more higher!!!

Posted by maya1301 > 2015-04-13 20:02 | Report Abuse

BuY!! BuY!! BuY!!
Dont scared nothing to worry..(",)
Lets BUY more!!!

Posted by viper88 > 2015-04-13 22:28 | Report Abuse

Price was keep low for recent private placement shares.
Even when world oil price up 6% but THHEAVY still howering around 0.33 last week.
The big players still accumulating at low price.
Towards closing todays theres some buying vol at 0.34.

Posted by rishi > 2015-04-14 09:33 | Report Abuse

No man, this price about to break. Indicator one done!! just if the macd above 0 and i'm sure all in this time. :D

Posted by viper88 > 2015-04-14 10:14 | Report Abuse

Theres some buying going on yesterday but not strong enough to break yet.
Good potential to break& move up once big players accumulated/AVG down enough for Rights Issues play later. Need strong convincing big buy vol or break 0.35 lvl.

Posted by rishi > 2015-04-14 12:21 | Report Abuse

Yeah, I agree with you that this share need strong volume to break 0.32 above.
are u sure they are going to declare the right issue soon?

Posted by viper88 > 2015-04-14 15:44 | Report Abuse

Current buying & selling seems from the same team/group.. just waiting for next wave direction.

Recent approval received on 8/4/15
http://www.bursamalaysia.com/market/listed-companies/company-announcements/1928041


We refer to the announcements dated 13 February 2015 and 16 March 2015 in relation to the Proposals. Unless otherwise stated, words and phrases used in this announcement shall have the same meanings as defined in the announcement dated 13 February 2015.

On behalf of the Board, HLIB wishes to announce that Bursa Securities had, via its letter dated 7 April 2015 (which was received on 8 April 2015), resolved to approve the admission of the ICPS-i to the Official List of Bursa Securities, the listing of and quotation for up to 1,200,000,000 new ICPS-i to be issued pursuant to the Proposed Rights Issue of ICPS-i as well as the listing of and quotation for up to 1,200,000,000 new THHE Shares to be issued pursuant to the conversion of the ICPS-i on the Main Market of Bursa Securities.

The approval granted by Bursa Securities for the above is subject to the following conditions:

1.THHE and HLIB must fully comply with the relevant provisions under the Listing Requirements pertaining to the implementation of the Proposed Rights Issue of ICPS-i;
2.THHE and HLIB to inform Bursa Securities upon the completion of the Proposed Rights Issue of ICPS-i;
3.THHE to furnish Bursa Securities with a written confirmation of its compliance with the terms and conditions of Bursa Securities’ approval once the Proposed Rights Issue of ICPS-i is completed;
4.THHE to furnish Bursa Securities with a certified true copy of the resolution passed by the shareholders at an extraordinary general meeting for the Proposed Rights Issue of ICPS-i; and
5.THHE is required to furnish Bursa Securities on a quarterly basis a summary of the total number of shares listed pursuant to the conversion of the ICPS-i as at the end of each quarter together with a detailed computation of the listing fees payable.

This announcement is dated 8 April 2015.

Posted by Dylan1027 > 2015-04-14 18:11 | Report Abuse

anyone know right issue at what price?

Posted by maya1301 > 2015-04-14 19:27 | Report Abuse

right issue revise to 0.33
Up or Down???
When down all scared run..when up all regret cry miss the boat

Posted by Ameera > 2015-04-14 20:26 | Report Abuse

Agreed with you, Maya1301. Wanted to buy to average down but scared will down further. Later when up only regret! Haiyah!

Posted by kuttyravi > 2015-04-14 22:17 | Report Abuse

whats the rights price each , anybody knows ???

Posted by viper88 > 2015-04-14 23:20 | Report Abuse

Dylan1027: Right issues at 0.25

http://www.bursamalaysia.com/market/listed-companies/company-announcements/1877693

The entitlement basis for the Proposed Rights Issue (“Entitlement Basis”) has not been fixed at this juncture to provide flexibility to the Board to determine the exact number of the ICPS-i to be issued, taking into account the issued and paid-up share capital of the Company upon implementation of the Proposed Rights Issue of ICPS-I.

==============================================

As at the LPD, the Company also has up to 58,311,374 new THHE Shares remaining to be issued (“Remaining Placement Shares”) pursuant to the private placement of the Company which was announced on 24 September 2014 (“Private Placement”).

===============================================

The ICPS-i will be issued at its par value of RM0.25 per ICPS-i. The conversion rate of the ICPS-i has been fixed at 1 new THHE Share for every 1 ICPS-i held (“Conversion Rate”). Based on the Conversion Rate and the par value of the ICPS-i, the conversion price derived is RM0.25 per ICPS-i (“Implied Conversion Price”). Based on the assumed parameters as set out in Section 5 of this announcement, the Implied Conversion Price represents discounts of approximately 22.76% and 22.46% to the theoretical ex-rights prices of RM0.3237 and RM0.3224 under Scenario 1 and Scenario 2 respectively, based on the 5-day volume weighted average market price of THHE Shares up to and including the LPD of RM0.3966.

Posted by viper88 > 2015-04-14 23:32 | Report Abuse

In contrast, THHE also has a presence in the floating, production, storage and offloading (FPSO) business. THHE has under its belt an 8-year US$372m FPSO contract awarded by Nippon Oil for work at Sarawak's Layang field in May 2014. The contract comes with a 10-year extension option. The fabrication of FPSO modules will start in 1Q15, thus mitigating the weakness in the fabrication business, before contributions from the operations of the FPSO vessel start flowing in mid-FY16.

Posted by viper88 > 2015-04-14 23:42 | Report Abuse

Oil prices rise on expected dip in US shale output http://klse.i3investor.com/servlets/fdnews/224490.jsp

Posted by flyup888 > 2015-04-14 23:51 | Report Abuse

54 oil. up!!!!

Posted by rishi > 2015-04-15 12:45 | Report Abuse

Wow viper, I'm sure you are looking forward this share to fly higer!!

Posted by Dylan1027 > 2015-04-15 14:01 | Report Abuse

hi, is that worth to take the right issue?

Posted by viper88 > 2015-04-15 15:13 | Report Abuse

Recent high was 0.455 when oil price shoot above 60 usd but drop back when oil price drop back 55 usd. Now theres some traction up again with some big buyers entering today.
Vol + buying strength increase... +ve sign.

Posted by maya1301 > 2015-04-15 16:43 | Report Abuse

anybody crying miss boat?
stop crying get on board before its too late..(",)

Posted by kuttyravi > 2015-04-15 16:43 | Report Abuse

viper88 , is this ICPS-I is special issue , only for directors to take up or open to all shareholders ????

Posted by viper88 > 2015-04-15 19:08 | Report Abuse

maya1301: Those ppl only comes in when THHEAVY price drop.. when price goin up,, they all quiet like stone.

kuttyravi: ICPS-I is offered to shareholders.. theres ICPS-I issues previously when Ramuniatake over MMHE via 0.50 ICPS . Ramunia share price shoot up close RM1 as MSE will then undertake a renounceable offer for sale of 82 million new Ramunia shares at an offer price of RM1 each to the entitled shareholders of Ramunia/THHE and chg from 2nd board to main board and rename to THHEAVY

http://www.rhb.com.my/corporate_profile/media/2008/01-22.html

========================================================================

The ICPS-i will be provisionally allotted to the Entitled Shareholders. Any fractional entitlements under the Proposed Rights Issue of ICPS-i will be disregarded and shall be dealt with in such manner as the Board shall in its absolute discretion deem fit or expedient and in the best interest of the Company.

2.1.2 Renunciation of the ICPS-i
The Proposed Rights Issue of ICPS-i is renounceable in full or in part. Accordingly, the Entitled Shareholders can subscribe for and/or renounce their entitlements to the ICPS-i in full or in part.
Any ICPS-i which are not taken up or not validly taken up shall be made available for excess application by the other Entitled Shareholders and/or their renouncee(s). It is the intention of the Board to allocate the excess ICPS-i, if any, in a fair and equitable manner, and on such basis as it may deem fit or expedient and in the best interest of the Company, which will be determined by the Board and announced later by the Company.

Posted by annmix > 2015-04-15 19:12 | Report Abuse

Viper 88, maya is one of those shouting below 30sen when last quarter result out.. Now he/she shouting buy again haha

Posted by i_investor > 2015-04-15 20:15 | Report Abuse

-

Ceased of Substantial Shareholder :

Tan Sri Quek Leng Chan, Guoline Capital & Hong Leong Company disposed shares in THHEAVY

Ref:
http://www.bursamalaysia.com/market/listed-companies/company-announcements/1934897
http://www.bursamalaysia.com/market/listed-companies/company-announcements/1934913
http://www.bursamalaysia.com/market/listed-companies/company-announcements/1934909
http://www.bursamalaysia.com/market/listed-companies/company-announcements/1934905
http://www.bursamalaysia.com/market/listed-companies/company-announcements/1934901



===

Posted by cipapo > 2015-04-15 21:08 | Report Abuse

Even Quek CUT LOSS

http://www.theedgemarkets.com/my/article/billionaire-quek-no-longer-substantial-shareholder-thhe

KUALA LUMPUR (April 15): Banking tycoon Tan Sri Quek Leng Chan has ceased to be a substantial shareholder in mid-cap fabricator TH Heavy Engineering Bhd (TTHE), effective yesterday (April 14).

In a filing to Bursa today, TTHE (fundamental: 0.35; valuation: 1.2) said Quek disposed of some 38.86 million shares via his indirect stake in GuoLine Capital Ltd, GuoLine Capital Assets Ltd, Hong Leong Company (M) Bhd and HL Holdings Sdn Bhd.

Quek, who is rumoured to have an interest in the oil and gas industry, chairs privately held conglomerate Hong Leong Co (M) Bhd which is involved in the finance, property and food sectors. Guoline is a subsidiary of the group.

Quek first emerged as a substantial shareholder in THHE, when he took up a sizeable stake in the company via a private placement at 45 sen a share in 2013.

TTHE closed 2.5 sen higher or 7.46% at 36 sen today, giving it a market capitalisation of RM375.56 million.

No Hope

Posted by sheep > 2015-04-15 21:31 | Report Abuse

LIMIT DOWN

Posted by viper88 > 2015-04-15 22:16 | Report Abuse

Even when some big shareholders selling their shares yesterday, price still moving up strong today. White knight emerge to bring THHEAVY out from consolidation stage/downtrend?
Share placement last week which involves 10m new shares - at 33 sen per share, which will raise RM3.3m.

Selling was absorb and buyer strength increase pushing and break resistance lvl at 0.35 today.
Today total transaction value at RM6.18 million with 71% buy AVG at 0.354 which worth abt RM4.38 million. Buy sign start showing on 13/4/15 and today its getting stronger with bigger vol buyers.

As usual, buy, sell or hold any stock is individual own choice.

Posted by viper88 > 2015-04-15 22:43 | Report Abuse

cipapo: Those big players that exit most likely ady made tons of money via 3rd party accounts.
Their cheap entry last time via share placement around 45 sen in apr 2013 but its was also the "big players" that push up the price to RM0.965+ in july 2013 and RM1.05 in feb 2014.

These big players then distribute/sell all the way down to 0.63 - 0.52 - 0.275, push up back 0.455 den down 0.325 and still making profit money.

THHEAVY is big players game, small players usually are the one that lost money... maybe some made money if have good trading plan.

Posted by cipapo > 2015-04-15 22:45 | Report Abuse

today profit take smart...besok habissss

Posted by viper88 > 2015-04-16 01:13 | Report Abuse

Oil price moving up again.
http://www.reuters.com/article/2015/04/15/us-markets-oil-idUSKBN0N502O201504154
http://www.cnbc.com/id/

Posted by annmix > 2015-04-16 02:44 | Report Abuse

Dont think it will go down, only those who got frighten by those limited down call will panic sell n regret later, jus my 2 cents, btw crude is up more than 5% now.. lets see tomorow

Posted by viper88 > 2015-04-16 09:56 | Report Abuse

Early morning already RM3.4 million total transaction with 53% buy and highest was 0.37
Theres big buyer buying and supporting/absorb some sellers.

Posted by Dylan1027 > 2015-04-16 10:12 | Report Abuse

Every oil counter rocket only thheavy remain heavy

Posted by rishi > 2015-04-16 12:58 | Report Abuse

Viper88 do you know when are they going to issue the right issue?

Posted by viper88 > 2015-04-16 14:28 | Report Abuse

rishi: It expects the corporate exercise to be completed by second quarter of 2015.
Should be in June. Already see some vol and buying strength actions by big players...start slowly hopefully will roll into bigger uptrend.

Posted by Dylan1027 > 2015-04-16 15:49 | Report Abuse

seems those disposing news impacted THHEAVY... endless bad news keep THHEAVY remain heavy..

Posted by viper88 > 2015-04-16 19:50 | Report Abuse

Price still holding well, big players still buying today with high vol.

Posted by Dylan1027 > 2015-04-16 21:57 | Report Abuse

hold well?

Posted by viper88 > 2015-04-17 01:19 | Report Abuse

Last week price was around 0.33.
Yesterday & today broke resistance 0.35 lvl and yesterday & today highest 0.37 before closing at 0.345 with AVG transaction at 0.3579. Resistance lvl at 0.35 and today AVG transaction price at closing is 0.3579. Price movement break resistant lvl 0.35 and holding well as per today closing.
Selling queue resistance still high today, need more buying strength for convincing break out > 0.35

Posted by venomv > 2015-04-18 20:29 | Report Abuse

Just saw the recent disposal of 38.8mil TTheavy shares by Quek. This is really BAD news for Co.
This disposal by Quek is definitely not good news. Probably also confirms Q1 results will be bad.
If the insider is selling, why are you buying ? So beware...trade with care !!