"viper88 > Vol traded very high at 0.25.. Big players still inside. Buying strength still strong.. have to move higher so ICPS-i have instant profit when convert 1:1. Just push THHEAVY enough, no need trade icps.. 15/09/2015 10:20 "
There is no need to chase...THHeavy is still a loss making company. Just that it is trying to raise fund ...it will goreng to at least 25 sen which is the first target. People start to profit take as they bought cheap near 18 sen...so that is quite a handsome profit.
yongyou: My own personal view, next mid TP will be 0.30+. if break then possible going towards 0.355. The big players have to hold 0.25 and support it well 1st.
Kian Yap: Good that u took profit, still can buy back when price drop below 0.25 if still interested. If me, i'll sure buy back. If can sell at 0.26 and buy back 0.24 just now will be nice.... just have to decide and action fast. Not like me.. take time to eat breakfast..come back see price already 0.24/0245 but i'm confident the price is stable around 0.25+/- range.
TH holding RM275 million worth of THHEAVY-PB shares at 0.25. + have about 30% shares in THHEAVY. They need the share price to move higher possbily above 0.30 or more so the share value will increase. TH avg price is much more higher but they are long term big players.
RM10million+ transaction today.. vol increase alot.. the committed big players still inside, only those contra kakis will exit.
Yeahhh....last night i placed order at 20c..averaging the lastweek entry at 17.5c...huat huat horray....target 25c! 14/09/2015 17:51 Already sold at 25c the portion entry yesterday at 20c ..but still hold the pickup at 17.5c lastweek..
Any share that makes money is good stock...but depends on the timing...this THHheavy was down and trapped a lot of people. So to many people it is not a good stock... but to some that bought at the bottom and sold to take profit it is good. So be careful when chasing stock....THheavy is still a loss making company, I will be very cautious when playing this because I know many people are waiting to sell because they were trapped long time ago at a much higher price.
Total transaction today RM18.6million+, Closing at 0.225, Buy 48% AVG 0.236, Vol is 78.9 million+ .5X more than yesterday vol, 3X more than 11/9/15 vol. Price spike up from 0.22 till high 0.26 before settle down at 0.225. Very +ve indicator of more traders enter today and still holding strong at AVG 0.236.
After chk, today vol traded is abt the same as vol trade in 10 Feb 2015, which was at 71.7million+ price 0.37 - 0.425 with transaction value even much more than RM30million+
Today is more like testing the market response/confidence for THHEAVY and to attract more buyers in. Price didnt manage to hold above 0.25 but the closing buying still good at 0.225/0.23 with AVG 0.236.
From my own personal view, THHEAVY is like a fallen piramid, now rebuilding up back. Volume and price still supported well. Will take some time to see a solid big piramid..if spike up too fast without strong support, price will go down back to its foundation support level like today but it will continue to go up once the foundation continue to increase and supported well. The big players play via vol to get more traders to enter and hlp supporting the price while they continue to push higher up. just like building a new piramid.. the base foundation need more stones to support as it goes higher up, lesser stone needed. With TH RM275 million, the foundation already lay down at 0.25. Current price still underground work,, haven't reach its baseline level yet.
Some old news regarding RAPID project bid by THHEAVY recently.
RM 60 - 86 billion PIPC, comprising Refinery and Petrochemical Integrated Development (RAPID) and associated facilities. If THHEAVY can win some of the contracts, definitely will boost its share price further.
Alam maritim also drop alot till lowest 0.365 and recenty start climb up hitting 0.50. There are ppl buying and pushing it up also... can chk its price movement..
For me THHEAVY price is way undervalue for its billion contract worth in hand. Its current price should have more room to go up higher.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
yongyou
4,676 posts
Posted by yongyou > 2015-09-15 10:33 | Report Abuse
Bro viper88, potential 0.355?
"viper88 > Vol traded very high at 0.25.. Big players still inside.
Buying strength still strong.. have to move higher so ICPS-i have instant profit when convert 1:1.
Just push THHEAVY enough, no need trade icps..
15/09/2015 10:20 "