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

colonese

140 posts

Posted by colonese > 2015-04-18 23:20 | Report Abuse

crude oil price increase. good for th. hope up up until. 0.400 next week.

Posted by skylifttoptoptop > 2015-04-19 22:37 | Report Abuse

0.4 go go go

viper88

1,798 posts

Posted by viper88 > 2015-04-19 23:05 | Report Abuse

http://54.255.137.222/my/article/th-heavy-falls-417-day-after-quek-ceases-be-substantial-shareholder

KUALA LUMPUR: TH Heavy Engineering Bhd, which is involved in the fabrication of offshore oil and gas (O&G) facilities, saw its share price fall 1.5 sen or 4.17% yesterday to 34.5 sen, with about 16.3 million shares traded, a day after banking tycoon Tan Sri Quek Leng Chan ceased to be a substantial shareholder in the company.

According to a Bursa filing on Wednesday, the billionaire had disposed of some 38.86 million shares of TH Heavy (fundamental: 0.35; valuation:0.3) via his indirect stake in Guoline Capital Ltd, Guoline Capital Assets Ltd, Hong Leong Co (M) Bhd and HL Holdings Sdn Bhd.

Quek, who is rumoured to have an interest in the O&G industry, chairs privately held conglomerate Hong Leong Co (M) Bhd which is involved in the finance, property and food sectors.

Quek first emerged as a substantial shareholder in TH Heavy in May 2013 with 92.8 million shares or a 9.09% stake in the company.

With the disposal yesterday, he should still hold about 53.94 million shares or about 4.81% indirect stake in TH Heavy.

He also has an indirect 6.49% stake in marine offshore service provider Alam Maritim Resources Bhd through his vehicle Associated Land Sdn Bhd, after emerging as a substantial shareholder in Alam Maritim last year.

His associate Paul Poh also holds a 7.86% stake in Alam Maritim (fundamental:1.6; valuation: 1.1) through his vehicle Caprice Capital International Ltd.

mrfuad87

242 posts

Posted by mrfuad87 > 2015-04-20 14:53 | Report Abuse

oil SUDAH naik thheavy very heavy naik

KedahMalay

573 posts

Posted by KedahMalay > 2015-04-20 21:52 | Report Abuse

sabar....akan naik jugak

MrNobody

790 posts

Posted by MrNobody > 2015-04-20 21:58 | Report Abuse

queck queck ady jump ship liao, he saw ship leaking.

u stil mimpi.

colonese

140 posts

Posted by colonese > 2015-04-21 00:25 | Report Abuse

tabung haji still there to fix leaking. quek no money liao. better he buy th from setup new company. that juz rumor.oil up..up liao.0.380 first tp.

viper88

1,798 posts

Posted by viper88 > 2015-04-21 12:35 | Report Abuse

Recent breakout was push down back below 0.35
The players are supporting and also blocking the price. Moving sidway back again.
Either accumulation, luring more buyers/sellers before next wave.
Break out from 0.35 and strong big buyers needed for more +ve uptrend.

maya1301

660 posts

Posted by maya1301 > 2015-04-21 23:50 | Report Abuse

After 0.33 broken, free falling..lets see what more shyt viper88 want to goreng here
Last time "very strong support at 0.38"???

annmix

1,521 posts

Posted by annmix > 2015-04-22 00:39 | Report Abuse

I think maya will eat own shyt like last before...

captjoe

32 posts

Posted by captjoe > 2015-04-22 10:54 | Report Abuse

how long to wait la...kenot tahan anymore..should sell this counter and use the bullet for more profitable counter...huhuhu

viper88

1,798 posts

Posted by viper88 > 2015-04-22 11:41 | Report Abuse

annmix: Stock price changes everyday same goes with support & resistance lvl
dpd on buyer/seller queues daily. Nothing is forever same especially in stock.

Only novice don't know and they only come make noise when price consolidate/down.
When price moving up... they just keep quiet. Typical small player with no investment plan.
Just ignore them....

maya1301

660 posts

Posted by maya1301 > 2015-04-22 13:13 | Report Abuse

over analyze = paralyzed

rishi

372 posts

Posted by rishi > 2015-04-22 17:07 | Report Abuse

Just hold on to it tightly with your respective stop loss and remember as what viper posted before about the right issue so just wait for that surely the price will go up. I just feel it takes time to consolidate before it goes up. It is still a sideway tred so hold on else cut loss and go other counter. Very simple, please go and analayze the efficen solution counter, it takes days to consolidate and at last it break to uptrend. Do your homework well man. It's all about yourself. wanna wait or take sl and go away.

maya1301

660 posts

Posted by maya1301 > 2015-04-23 17:34 | Report Abuse

Hi annmix & viper88 ~ (",)

flyup888

455 posts

Posted by flyup888 > 2015-04-23 23:15 | Report Abuse

fly ~~~ tomorrow oil 57.7USD now !

colonese

140 posts

Posted by colonese > 2015-04-23 23:17 | Report Abuse

fuh oil price. very crazy hit 4% juz1day. ready to see oil price 100 dollar a,barrel

flyup888

455 posts

Posted by flyup888 > 2015-04-23 23:18 | Report Abuse

few hours..then hit 10% ? super fast ! so thheavy tp :0.600+? if oil 100 usd

maya1301

660 posts

Posted by maya1301 > 2015-04-27 15:43 | Report Abuse

annmix & viper88 diam2 eat own shyt???
SELL before its too late

mrfuad87

242 posts

Posted by mrfuad87 > 2015-04-27 16:44 | Report Abuse

why all market down?

mrfuad87

242 posts

Posted by mrfuad87 > 2015-04-27 17:10 | Report Abuse

oil up yess

annmix

1,521 posts

Posted by annmix > 2015-04-27 22:26 | Report Abuse

Sorry maya i still make money on thheavy even its down.. Im eating abalone better than u eat own shty since feb.. Always jus talk nonsense, but hv to thanks to u too i made on krono also

KedahMalay

573 posts

Posted by KedahMalay > 2015-04-30 16:22 | Report Abuse

holding power

KedahMalay

573 posts

Posted by KedahMalay > 2015-05-01 04:47 | Report Abuse

thank logitrader for infomaton

steveooikp

4,689 posts

Posted by steveooikp > 2015-05-02 21:51 | Report Abuse

Conman counter

venomv

194 posts

Posted by venomv > 2015-05-05 15:47 | Report Abuse

Thheavy looks like about to break below 30sen !!

KedahMalay

573 posts

Posted by KedahMalay > 2015-05-05 21:16 | Report Abuse

up up

Ameera

2,921 posts

Posted by Ameera > 2015-05-05 21:28 | Report Abuse

This counter seems heavy to UP!

flyup888

455 posts

Posted by flyup888 > 2015-05-06 08:34 | Report Abuse

oil 60+ this super fly..should..

Posted by Zufar Razak > 2015-05-06 16:30 | Report Abuse

always pray for u TH .

rishi

372 posts

Posted by rishi > 2015-05-08 09:47 | Report Abuse

Man, I seriously waiting for the right issue, surely alot of people would have interest and the price surely up then SELLLLLLLLL!! I don't wanna keep any longer anymore

viper88

1,798 posts

Posted by viper88 > 2015-05-08 10:10 | Report Abuse

28May EGM.. still waiting for RI confirmation. Price low due to RI spook and no big players buy/push up.. happen like last year RI proposal also price went down. When RI cancel price start moving up strongly.. big players game.

rishi

372 posts

Posted by rishi > 2015-05-08 10:52 | Report Abuse

Why the RI cancel then only the price is start to moving up?? Is it because of price will go down once the after ex-RI

viper88

1,798 posts

Posted by viper88 > 2015-05-08 12:05 | Report Abuse

Those short term player with no fund to subscribe for RI worry share price will dilute after ex-RI.
So if RI cancel.. they no worry and will push up price prior to the RI proposal high price since its already oversold/price in the fear of dilution ex-price. Whereas those long term players with big fund will continue to accumulate shares at low price before ex-RI and will also buy more coz can get subscribe more shares cheap at only 25 sen later.... no matter the right issue proposal get approved or cancelled.. they will still make money either way.

rishi

372 posts

Posted by rishi > 2015-05-11 13:17 | Report Abuse

Thanks alot viper!! :D

viper88

1,798 posts

Posted by viper88 > 2015-05-11 22:01 | Report Abuse

Current play only block at 0.30/0.305 - 0.310 with big queues.. its like want to lock transaction buy and sell at that price for the past few week. Headless direction pending the right issues approval and big player not taking any actions yet.

venomv

194 posts

Posted by venomv > 2015-05-12 09:38 | Report Abuse

Thheavy breaks 30sen...the cookie crumbles !!

maya1301

660 posts

Posted by maya1301 > 2015-05-12 15:54 |

Post removed.Why?

orlandooil

4,903 posts

Posted by orlandooil > 2015-05-12 16:34 | Report Abuse

HaHa Still long story this and that

flyup888

455 posts

Posted by flyup888 > 2015-05-13 08:36 | Report Abuse

oil 61 !! rebounding, up up

rishi

372 posts

Posted by rishi > 2015-05-13 14:49 | Report Abuse

Oil price up to 61 yet the counter still stay there. Hmm i feel like con counter only

Dylan1027

1,113 posts

Posted by Dylan1027 > 2015-05-13 15:11 | Report Abuse

too heavy to move up but keep sinking.. All the best buyes!

supernova

1,923 posts

Posted by supernova > 2015-05-13 17:15 | Report Abuse

snapped some today. joining the boat now

bowman

2,588 posts

Posted by bowman > 2015-05-15 13:16 | Report Abuse

from bad to worse and they are issuing rights?

viper88

1,798 posts

Posted by viper88 > 2015-05-15 16:26 | Report Abuse

Last year 7 Oct, TH Heavy Engineering has proposed rights issue with a bonus issue. The rights issue comes with a 1:5 bonus issue. Price was around 0.80+ but with so many -ve newsplay and warrant expiry at December.. price drop till 0.52 and later drop further 0.365 and bottom at 0.275/0.28 with layoff manpower news. After bad news subside, oil price stabilize, price start picking up slowly towards 0.36 back.. and with cancellation of right issues.. price rose till 0.39.

Later new right issue proposal out.. price still went up till 0.455 and weaken back sliding towards 0.36+ and further low at 0.30+/- lvl currently. High vol transaction recorded from last year Oct till Feb this year..but vol was much lower since Feb 16 then till now about 3 mths already.

Based on current market price, its quite unattractive for right issues proposal to get approval for coming EGM and alot shareholders will be making noise there.

rishi

372 posts

Posted by rishi > 2015-05-18 17:51 | Report Abuse

Viper I got the voting request whether the right issue should be proceed or not and according to your statement its better to reject the right issue right .. I feel the same way as you been educatingsince long time ago .. Have you voted behalf of your rights

Analyst8

15 posts

Posted by Analyst8 > 2015-05-18 20:46 | Report Abuse

viper, I am very surprised that you still have the guts to be around in this forum after sharing all sort of nonsence and misleading info. Look back at what you had written. If I were you, I will hide myself & do some self reflection. Shame on you and the investment community is so disgraceful to have someone like you. Be a bit humble and stand to be corrected if you wrong. Anyhow, no one in this world is perfect. What I had shared earlier in this forum has proven to be correct as the share price had gone down below RM0.30. For those who listen to you, I really sympathize them.

viper88

1,798 posts

Posted by viper88 > 2015-05-19 14:32 | Report Abuse

rishi: voting is individual own decision. Previous RI proposal cancelled because price drop too much and its 1:5 will makes the share value dilute even much lower.

Base on market price if the current price is low/close to the right issue price, its not attractive from investment point of view because existing shareholders/ investor will rather buy/subscribe after ex-right issue price but for big shareholders/player for long term they still accumulate to subscribe more shares later after ex.

Recent RI at 50 sen by KNM price drop after proposal from 0.80 till 0.41 before rise up high back till 0.80 before ex-RI and after ex drop to around 60 sen +.. Big player game.. swing price down and shoot up back...

http://themalaysianreserve.com/new/story/knm-group-new-shares-oversubscribed

http://www.theedgemarkets.com/my/article/knm-fixes-rights-share-price-50-sen-warrant-exercise-price-rm1

As usual, in stock market every decision made is own choice.

914601117

541 posts

Posted by 914601117 > 2015-05-20 12:23 | Report Abuse

Hong Leong Group already disposed in April 2015.

viper88

1,798 posts

Posted by viper88 > 2015-05-20 17:08 | Report Abuse

Still have 4.81% indirect shares but cease to be substantial shareholder.

=======================================================
http://54.255.137.222/my/article/th-heavy-falls-417-day-after-quek-ceases-be-substantial-shareholder

Quek first emerged as a substantial shareholder in TH Heavy in May 2013 with 92.8 million shares or a 9.09% stake in the company.

With the disposal yesterday, he should still hold about 53.94 million shares or about 4.81% indirect stake in TH Heavy.
=========================================================

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