Posted by yongyou > 2015-08-16 23:00 | Report Abuse

Hi Bro viper88, u gonna sell the OR tomorrow or wait for rebound first?

Posted by yongyou > 2015-08-16 23:00 | Report Abuse

Since the OR trading is 17-24 Aug 2015, hopefully there will be TR

Posted by viper88 > 2015-08-16 23:21 | Report Abuse

yongyou: Have to see whether any buyer queues to buy the OR tomorrow onwards till 24/8/15.

Maybe theres some buyer that want to buy the OR and subscribe for the RI to get dividen and future price growth. If no buyer cant sell and will lapse once the trading days over.

The main issue here is THHEAVY share price been weaken so much and the main shareholders didn't support /push it up to attract shareholders/ buyer to subscribe for the RI..

Weak oil price, bad market sentiment and contra player sell down affects THHEAVY price.
TH as main shareholders seems more to saving their money to subscribe for the RI instead of pushing up the price before complete RI. The bigshareholders need to support & push up to stabilize the share price so can move higher later on. They also been affected with low share price currently.

Previouly before Thheavy warrant heavy play end of dec last year, price also sell down badly from 0.51 till 0.275 and after warrant expired, share price rally up back to 0.39 - 23/1/15 and 0.455 - 16/2/15 with good vol.

Need good news play and support from big players to push up price.

Posted by yongyou > 2015-08-17 08:37 | Report Abuse

7206PR only 0.005 ??

Posted by cashflow > 2015-08-17 09:24 | Report Abuse

Rally starts, TP 0.23

Posted by yongyou > 2015-08-17 09:32 | Report Abuse

the 7206PR still not moving?

Posted by cashflow > 2015-08-17 10:37 | Report Abuse

7206 moving now

Posted by cashflow > 2015-08-17 11:35 | Report Abuse

BB pushing price bearish again!!

Posted by Arefiq84 > 2015-08-17 12:06 | Report Abuse

Collect more at 0.14...great discount..

Posted by supernova > 2015-08-17 12:18 | Report Abuse

super fantastic deal

Posted by BLITZRIEG > 2015-08-17 14:42 | Report Abuse

Still not attractive with this market condition ........target below 10 cent

Posted by viper88 > 2015-08-17 19:58 | Report Abuse

Theres some buying for THHEAVY-PR at 0.005 today.
Some buyer willing to buy more PR to subscribe for additional ICPS shares instead of THHEAVY shares. Really odd trading since main share still far away from 0.25.

Main THHEAVY shares still lack of strong buyers and price still not supported well.


From the RI announcement:

"As at the LPD, LTH holds 334,162,107 THHE Shares, representing approximately 29.81% of
the issued and paid-up share capital of our Company. Under the Minimum Scenario,
assuming only LTH subscribes for its entitlement of 356,439,580 ICPS-i and subscribes for an
additional 743,560,420 ICPS-i pursuant to the Undertaking and Additional Undertaking, LTH
will be issued 1,100,000,000 ICPS-i. Assuming full conversion of the ICPS-i based on the
Conversion Rate, the shareholdings of LTH may potentially increase from 29.81% to 64.57%.
However, the actual shareholdings of LTH would depend on amongst others, the timing and
actual number of ICPS-i held which are converted into new THHE Shares.

The conversion of the ICPS-i held by LTH may result in the shareholdings of LTH exceeding
33% of the voting shares in our Company at any point in time. In such event, LTH would be
obliged to extend a mandatory take-over offer for all the remaining THHE Shares and
convertible securities not already owned by them pursuant to the Code.

In this regard, LTH has confirmed that they will at all times observe and comply with the
provisions of the Code"

Posted by Arefiq84 > 2015-08-19 11:21 | Report Abuse

Great rebound....my most profitable counter today...

Posted by viper88 > 2015-08-19 12:04 | Report Abuse

The rebound is still "weak" compare to its heavy plunge from recent high price 0.455.
Its price also not higher than RI offer price 0.25. Still need more buying strength to break higher from its current low price.

OR trading till next week but response so far is poor... its likely for TH to increase their shareholding in THHEAVY possible MGO in the future .

From the RI proposal:

LTH may potentially increase from 29.81% to 64.57%.
However, the actual shareholdings of LTH would depend on amongst others, the timing and
actual number of ICPS-i held which are converted into new THHE Shares.

The conversion of the ICPS-i held by LTH may result in the shareholdings of LTH exceeding
33% of the voting shares in our Company at any point in time. In such event, LTH would be
obliged to extend a mandatory take-over offer for all the remaining THHE Shares and
convertible securities not already owned by them pursuant to the Code.

Posted by Mat Cendana > 2015-08-19 15:40 | Report Abuse

Quite good performance since yesterday. Could this be the long awaited recovery?...or just a simple rebound. After all, it had gone down significantly over the past weeks. Have become very attractive. Those who had dared to buy at its recent bottom already have reasonable profits. Congratulations to them - it takes a lot of courage to buy when something kept dropping every day.

Posted by viper88 > 2015-08-19 23:15 | Report Abuse

Somehow the big players have to balance/push up THHEAVY price since the ICPS-i share subscription is 0.25 unless they want their ICPS-i adjusted lower later..

It will be odd if later traded separate counter with 2 different price when the conversion is 1:1.

Posted by supernova > 2015-08-20 09:16 | Report Abuse

yesterday receive the RI "islamic share" by mail. Hell NO im going to buy that!

Posted by viper88 > 2015-08-20 19:02 | Report Abuse

ICPS already have buyer even for the unsubscibe remaining RI.. TH will sapu all.

Main THHEAVY shares support today close to 0.155/0.16 still holding back and lagging.

Posted by freshkaki > 2015-08-22 14:32 | Report Abuse

Hi Viper88, im new here and not understand what RI and ICPS-i u all discussing. I've bought some Thh last month...and i didn't alert the RI @ ICPS-i. Can u please explain 2 me in simple words what it is about actualy? Not understanding.

1.Am i have RI share coz i bought mother share lastmonth?
2. I noticed that d date oledi due. So wat im goin to do?
3. Wat 0.25 means?
4. Last month i bought it at 0.185. Then how?

Thks for ur help

@ anyone here can gv me professional advice?
Thks in advance..

Posted by viper88 > 2015-08-22 23:36 | Report Abuse

freshkaki: u can read back my previous posting on RI & ICPS..

1. Yes, if u have THHEAVY share bfr ex on 12/8/15.. u entitle for RI to subscribe ICPS share at 0.25 ...
2. 17-24/8/15... u can sell ur entitlement or buy more or do nothing..
3. Price to subscribe for the RI new ICPS share
4. If u bought 0.185, it still follow current main THHEAVY price.

The new ICPS have convertion 1:1 to THHEAVY shares.

Posted by Arefiq84 > 2015-08-24 10:25 | Report Abuse

Buy more at 0.14...really like this counter..

Posted by cashflow > 2015-08-24 12:33 | Report Abuse

This counter will TP @ 3 by December.

Posted by cashflow > 2015-08-25 11:51 | Report Abuse

Oil has bounced, heading north !

Posted by Vaylens Chong > 2015-08-25 11:53 | Report Abuse

no la....imagination only....
https://www.youtube.com/watch?v=xXEx0DyIMks

Posted by yongyou > 2015-08-25 11:57 | Report Abuse

>:O

" Posted by cashflow > Aug 24, 2015 12:33 PM | Report Abuse

This counter will TP @ 3 by December.
"

Posted by viper88 > 2015-08-25 12:15 | Report Abuse

Conversion for ICPS to THHEAVY shares is 1:1.
ICPS subscription RM0.25. THHEAVY current share price 0.14
To convert main share THHEAVY, price have to be higher than 0.25.

Posted by cashflow > 2015-08-25 16:57 | Report Abuse

Viper, after purcase rights, my position got prorated 0.21. So one can benefit the RI profit after it exceeds 0.25 right?

Posted by viper88 > 2015-08-25 17:10 | Report Abuse

RI for ICPS shares at 0.25. Ur main THHEAVY shares still maintain as per market price.
After u convert ur ICPS share to THHEAVY then only it will be pro-rated.

If price exceed 0.25, ICPS & THHEAVY both will in profit if ur pro-rated price is 0.21.

Posted by viper88 > 2015-08-25 19:19 | Report Abuse

Thheavy-PR trading date already over,

Listing Date of the Rights Securities : 14 Sep 2015

Current price really oversold, its been drifted far from its RI offer price 0.25.

Posted by cashflow > 2015-08-26 00:52 | Report Abuse

This counter has very high potential considering the volume of work Petronas intend to award. This is the time national company would take privilege to secure long term contract with competitive pricing. It will not be this price again in the next 8 years :)

Posted by yonghuisee > 2015-08-26 15:57 | Report Abuse

I bought at 0.685. Did not take profit last time :(. Now, bleeding 80% loss. Should I keep or exit? Pls advise?

Posted by runnerman > 2015-08-26 17:59 | Report Abuse

Don exit....average down....npe takut...if u buy warrant bru la takut krana ada expired date

Posted by somchik > 2015-08-26 18:31 | Report Abuse

Financially the co is revived by the right issue . Meaning RM 300 million injected.
Price now 14 sen . Right issue almost 1:1 . At 25 sen . Will be trading on 12 sept. Price should trade at 19.5 sen . Potential to go up 5 sen . If it does not happen it will happen eventually
Cos got new ceo ex Petronas senior executive.

Posted by viper88 > 2015-08-26 19:26 | Report Abuse

This THHEAVY getting alot sell down with oil price weaknesses + volatile market.

From 0.82 Oct last year proposed RI + bonus issue 5:1, Nov 14 price drop till 0.475.

Warrant expiry on dec 14 with conversion 0.50, but THHEAVY share went even lower price to about 0.35+/- making convertion not profitable and RI cancel.

New proposed RI at 0.25, 16:15 for ICPS and convertion back to THHEAVY at 1:1.
Price drop from 0.455 to 0.35. 0.30, 0.25, 0.20, 0.18, 0.16 till 0.135.
Even lower than RI price making the renouceable THHEAVY-OR not profitable to trade and lapsed goes to TH & underwriters to subscribe.

Current transaction more towards contra retailers and price still not moving up /rebound yet.

Listing of new RI shares in 20 days...on 14/9/15.

Posted by annmix > 2015-08-26 19:28 | Report Abuse

Somchik are you so positive about this? So on sep 12, thheavy share price will change to trade at 19.5sen ?

Posted by viper88 > 2015-08-26 20:30 | Report Abuse

Once RI completed & subscribed, THHEAVY raised RM300million for their biz operation.
The new rights securities shares at 0.25 will be able to trade/convert on 14/9/15 onwards.
The convertion to THHEAVY is 1:1 and have 5 yrs to expires.

Posted by annmix > 2015-08-26 23:39 | Report Abuse

If I buy 100,000k thheavy share today at 13sen, what happend after 14/9 ?

Posted by yonghuisee > 2015-08-27 00:04 | Report Abuse

Sorry guys...this is good stuff but I don't understand most of it. I don't think it will get back to 0.685 anytime soon (for me to breakeven)? If based on activities above, the price will climb up abit, then I can hold on and sell higher (although still loss!).

Posted by viper88 > 2015-08-27 09:36 | Report Abuse

Usually stock will rise after RI completed and +ve news coming out to support it.
THHEAVY stock need to rebound up to regain back its share market capital value.

Posted by somchik > 2015-08-27 09:53 | Report Abuse

Normally , RI price is lower than existing share price, eg , 45 sen RI share price 35 sen at 1:1, on the day RI is listed .. something like 40sen it may go lower or higher,
THheavy present price should go higher RI 1:1 14 +15 =39/2=19.5 .. considering the co financial problem sorted out and with new ceo , start with the clean sheet, would be able to make a turn around. The pricing would depend on the sentiment of shareholders if every body got the confident and start chasing and believing it could even surpass 19.5 . It would be interesting to see.. however if the price keeping going up ..ki ki ki risk all yours

Posted by somchik > 2015-08-27 10:00 | Report Abuse

if price galloping with volume more than 40k everyday till 14 september ..sure way ..to make money fall from the sky ki ki ki

Posted by cashflow > 2015-08-27 10:08 | Report Abuse

Uptrend now, do not miss FBM - C counters.

Posted by viper88 > 2015-08-27 11:56 | Report Abuse

16:15 RI at 0.25, means 16 new discounted shares (ICPS) offered to subscribe at 0.25 perunit for existing 15 main THHEAVY shares, The main THHEAVY shares should be higher than the RI new share price to attract shareholders to subscribe. If main share price is lower, its not attractive to subscribe and will only subscribe by TH & underwriters . Normally THHEAVY price should goes up >0.25 before ex-RI and later after ex-RI price adjusted to 0.25+/-

Conversion ICPS to THHEAVY is 1:1 without any money involve if want to convert to THHEAVY
but since its convert share, it will follow as THHEAVY share price.
THHEAVY main price also must be higher so later ICPS share convertion will not lose it share value price at 0.25.


But current THHEAVY price already much lower than the RI price and also the convertion price due to weak market sentiment and shareholders confidence.

In order to regain back share market capital value and for ICPS convertion, THHEAVY price
have to move higher than 0.25, if not ICPS convertion will be at lost profit.

Posted by supernova > 2015-08-27 12:07 | Report Abuse

anyone subscribing the RI?

Posted by viper88 > 2015-08-27 12:33 | Report Abuse

yonghuisee: Ur entry price 0.685 is very high. It will need a very strong catalyst like THHEAVY secure big projects, Oil price up, bullish market etcs to boost its price.

It will be good if THHEAVY can move towards the price range before RI which is 0.30 - 0.40++.

Other stock after RI usually move up much higher if theres strong support from big players/shareholders.

Posted by cashflow > 2015-08-27 15:34 | Report Abuse

US stock will rise again tonight, which will further provoke a recovery to the Global market. Oil has also rebounded and those in oil counters will benefit, Sign in for this opportunity. I do not think Bersih rally will impact the market because the market outlook focused on global agenda.

Posted by cashflow > 2015-08-27 15:49 | Report Abuse

Oil above 40 now! This is a great news, positive sign to catch resistance higher up

Posted by cashflow > 2015-08-27 16:42 | Report Abuse

KLCI holding good at 1600, tomorrow continue up another 1% :)

Posted by viper88 > 2015-08-27 20:16 | Report Abuse

THHEAVY need big players re-entering to push up the price further.
If just retailers players, price movement usually sideways or just consolidate.
Vol have to increase and buying % higher to breakout/rebound from recent low.

With ICPS shares listing in coming weeks, THHEAVY main shares have to catch-up with the price differences fast. Its not profitable to trade ICPS shares if its price is much higher than the main THHEAVY shares where the convertion is 1:1. It should be the other way price to make trading and convertion more profitable.

In stock market... anything can happen.. THHEAVY is one of the stock that can swing up and down
Very volatile counter especially affected by oil price & market sentiments.

In 2012, price drop till 0.30+ and rise up back till 0.63,
In 2013 price 0.40 rise up till 0.965
In 2014 price 1.05 drop till 0.275
In 2015 0.29 up till 0.455 drop till 0.13

Posted by somchik > 2015-08-28 08:54 | Report Abuse

yesterday 50k + volume is promising...watch out rapid increasing volume today ...then price would shoot up...