TH HEAVY ENGINEERING BERHAD

KLSE (MYR): THHEAVY (7206)

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Last Price

0.01

Today's Change

0.00 (0.00%)

Day's Change

0.00 - 0.00

Trading Volume

0


53 people like this.

16,688 comment(s). Last comment by kuttyravi 2022-12-18 16:10

annmix

1,521 posts

Posted by annmix > 2015-09-25 10:40 | Report Abuse

hopefully will same case like wednesday , towards closing spike up again

Alvin Hong

116 posts

Posted by Alvin Hong > 2015-09-25 11:48 | Report Abuse

seem today so moody

viper88

1,798 posts

Posted by viper88 > 2015-09-25 13:32 | Report Abuse

Ya.. Big players laying low. Ringgit depreciating n stilll weak, market sentiment cautious due to us embassy issue warning of possible terrorist targetting Jln Alor. Also maybe PS have rally tomorrow....

viper88

1,798 posts

Posted by viper88 > 2015-09-25 15:05 | Report Abuse

Buying start again at 0.215.

annmix

1,521 posts

Posted by annmix > 2015-09-25 16:19 | Report Abuse

now selling took over again :(

viper88

1,798 posts

Posted by viper88 > 2015-09-25 16:46 | Report Abuse

Ya,, buying pressure weaken and selling pressure back. When the buying get stronger at 0.215 and later theres resistance with continuous selling.. i sold at 0.215 and queue buy back at support 0.21.
Finally all matched, get extra more units for future play. Prefer get more units than cash/profit coz can play more rounds with better profits.

viper88

1,798 posts

Posted by viper88 > 2015-09-25 17:15 | Report Abuse

Closing at 0.215. Price been consolidating past 5 days.. and still holding.
Support still good at 0.21/0.215 as selling been absorb well by buyers.

Theres attempt to push up price but didnt break through, hopefully next week will be better.

matzi

12 posts

Posted by matzi > 2015-09-25 20:45 | Report Abuse

Price will move up next week. Have a great weekend.

rishi

372 posts

Posted by rishi > 2015-09-26 00:00 | Report Abuse

I'm totally sorry for bothering here, viper, when is the dividen pay out for those subscribe the right issue?

viper88

1,798 posts

Posted by viper88 > 2015-09-26 00:47 | Report Abuse

CIMB research paper last year November price 0.59 after proposal of RI in Oct. http://cdn1.i3investor.com/my/files/dfgs88n/2014/11/10/1481230489--874208402.pdf

The price drop till 0.27 lowest and RI was cancel.
Price start to move up to 0.35+ and later when new proposal of RI, price went up till 0.455.

Now with RI completed, price still hovering above 0.21+...
Still waiting for the price to bounce back to its previous high 0.30 - 0.50 range...

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

rishi: http://www.thestar.com.my/Business/Business-News/2015/09/11/TH-Heavy-to-pay-dividend-rate-for-ICPSi/?style=biz

It said on Friday the payment would be at its discretion and availability of distributable profits during the tenure -- Year 1: 3.0%; Year 2: 3.5%; Year 3: 4.0%; Year 4: 4.5%; Year 5: 5.0% -- based on the nominal value of 25 sen an ICPS-i.

“The dividends, if declared, shall be payable annually in arrears, subject to availability of distributable profits,” it said.

TH Heavy said although annual payments were anticipated, it may defer, in part or in whole, such payments subject to availability of distributable profits.

“For the avoidance of doubt, TH Heavy is not obliged to pay any dividends or deferred dividends, as the case may be, in the event it has insufficient distributable profits.

The ICPS-i will listed on Sept 14 and mature on Sept 7, 2020.

Posted by DreamGladiator > 2015-09-27 10:24 | Report Abuse

Klu lambat-lambat yalan, nt sikit hali kina potong sama Sumatec ...

viper88

1,798 posts

Posted by viper88 > 2015-09-27 12:59 | Report Abuse

Other stock after RI completed the price traded way above its RI price and went up much higher.
O&G stocks also rebound well lately.

After RI completed, THHEAVY price should be traded way above its RI price 0.25 but currently still below around 0.215. Abit slow to warm up.

Since no rally on Sat, tomorrow klse market good chance to open +ve.

rman1

264 posts

Posted by rman1 > 2015-09-27 20:51 | Report Abuse

viper88 , why Thheavy forum so quiet today......all go to pray for tomorrow so that Thheavy can go up, will it happen tomorrow........?

rishi

372 posts

Posted by rishi > 2015-09-27 20:57 | Report Abuse

Thanks alot viper!! For almost 2 months i did not do anything trading, just waiting to recover. Anyway, I do have a feeling starting tomorrow the price will go up since friday has been green day for klse, and the candle start to hover above ema 20,50,15 and if it goes above 100 once again then good to go man. Everyone will be happy. I just see myself as TA at the moment, fundamentally viper always the best. The guru THHEAVY!! Thanks once again Viper!!

Mazmi

74 posts

Posted by Mazmi > 2015-09-27 21:10 | Report Abuse

Yes, thanks too Viper. Reading your comments is a good part of learning itself. Somehow, i believe THHEAVY will prosper.

rman1

264 posts

Posted by rman1 > 2015-09-27 21:16 | Report Abuse

Now Thheavy is alive , viper88 say something la to cheers Thheavy fan....

Mazmi

74 posts

Posted by Mazmi > 2015-09-27 21:23 | Report Abuse

With so many good prospect, i still think its wort waaaayyyy beyond 0.215

Mazmi

74 posts

Posted by Mazmi > 2015-09-27 21:24 | Report Abuse

Yes, i am a THHEAVY's fan. :)

kenen

423 posts

Posted by kenen > 2015-09-27 21:28 | Report Abuse

Gogo...thheavy

viper88

1,798 posts

Posted by viper88 > 2015-09-27 22:54 | Report Abuse

rman1: Today no trading, Sunday.. alot ppl go celebrate Mid autumn festival and rest.
Tomorrow should be good, coz rally cancel. Just hope our RM currency dont keep drop and no any bad politic /biz news.

rishi: U are welcome. I also been waiting for months.. played contra few times hope i wont miss it when suddenly shoot up high. From my previous years trading experience THHEAVY can spiked up price easily more than 0.10+ in consecutive days when its hot.. unlike recent small spike only about 0.005- 0.05+. Other stocks rebound and shot up high especially those completed RI and have strong players inside. THHEAVY is the laggard stock... not yet become super star. Need to fly up higher to shine more.

Mazmi: U are welcome. I also learn from THHEAVY... stock that get bashed down badly but still can come back. Really not easy to profit from this counter.. really test investor/trader skil,l experience & luck.
I believe more to come from THHEAVY.. just that its been laggard compare to other stocks that hot.

THHEAVY ripe for strong rebound. Big players enter and still holding just waiting for market to stable and continue to push higher. How high can they push and support the price?
I believe those big players already accumulated alot THHEAVY shares prior before RI where alot retailer panic and sell cheap to them. With new RI shares stuck untraded, they really have to do alot to gain back retailer confidence to buy/invest back in THHEAVY. One of the best way is to push the price high back! Cant just hold it just at 0.20... its just way too undervalue and they cant profit much with holding so many shares in hand where they bought AVG down/subscribe at much higher price.

Company already solved their financial issues, FPSO billion project is secured profit.
If include future earnings from this FPSO, its NTA wont be just at 0.33.. it should be around double or higher.

Can chk end of last year investment research from Affin and CIMB.. their TP all above RM1++ after THHEAVY won FPSO RM2.9billion profit.... future target price.

So its not too much if i use this as rough estimation of THHEAVY new TP after RI completed.

0.20 - 0.35 - short term
0.35 - 0.50 - mid term
0.50 ++ - long term

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

rman1

264 posts

Posted by rman1 > 2015-09-27 23:41 | Report Abuse

viper88 , you make all Thheavy fan feel very confident, thank's.........

maya1301

660 posts

Posted by maya1301 > 2015-09-28 00:49 |

Post removed.Why?

somchik

1,235 posts

Posted by somchik > 2015-09-28 05:38 | Report Abuse

Ki ki ki bought back a lot .215 and .21 . No worry. Damn cheap for a revive company with billion rm contract fpso job ...

popcorn

1,625 posts

Posted by popcorn > 2015-09-28 07:46 | Report Abuse

yes indeed, Viper did a lot of explanation which is not bias or con ppl to buy~

learnt a lot from Viper~ thanks!

timing

726 posts

Posted by timing > 2015-09-28 13:30 | Report Abuse

need local retailer power :D

xaxo

15 posts

Posted by xaxo > 2015-09-28 14:45 | Report Abuse

today...the big players start selling thou. :(

viper88

1,798 posts

Posted by viper88 > 2015-09-28 15:06 | Report Abuse

If big players selling it should be > rm 2 million with many 5000 lots of selling transaction
but current transaction still low abt rm600k+, mostly from contra and short term players with small vol barely 1000 -2000 lots only.

Alvin Hong

116 posts

Posted by Alvin Hong > 2015-09-28 15:23 | Report Abuse

start dropping

Alvin Hong

116 posts

Posted by Alvin Hong > 2015-09-28 15:24 | Report Abuse

any bad news?

annmix

1,521 posts

Posted by annmix > 2015-09-28 15:47 | Report Abuse

still heavy seling goin on.. hopefully last hour will have buyng force

viper88

1,798 posts

Posted by viper88 > 2015-09-28 16:33 | Report Abuse

Alvin Hong: Market sentiment weak due to our RM currency sliding.
http://klse.i3investor.com/servlets/fdnews/227496.jsp

richkid

8,140 posts

Posted by richkid > 2015-09-28 16:50 | Report Abuse

Yes, maybe round of sell offs...expected due to ringgit depreciation... from 3.5 to 4.4 is really too much to swallow.

viper88

1,798 posts

Posted by viper88 > 2015-09-28 16:55 | Report Abuse

Those contra players exit. Selling absorb by buyers at lower price AVG 0.206.
Total transaction so far abt RM1.8million closing at 0.21/0.205.

Alvin Hong

116 posts

Posted by Alvin Hong > 2015-09-29 08:31 | Report Abuse

currency malaysia drop to the lowest again.haih...

Posted by DreamGladiator > 2015-09-29 08:37 | Report Abuse

Then you shud consider shifting your arse to somewhere currency is always rising lor ... Greener pastures waiting for you lor ...

annmix

1,521 posts

Posted by annmix > 2015-09-29 09:24 | Report Abuse

sell down again so fast

timing

726 posts

Posted by timing > 2015-09-29 10:13 | Report Abuse

volume not bad, even higher than aax :D

viper88

1,798 posts

Posted by viper88 > 2015-09-29 10:34 | Report Abuse

Seller exit, new buyer enter at cheaper entry price. Buying at 61% so far AVG at 0.20.
Those with holding power and confident with THHEAVY prospect still accumulating more.

Alvin Hong

116 posts

Posted by Alvin Hong > 2015-09-29 11:59 | Report Abuse

Viper88 wat ur recommendation on this price. buy in or sell?

decentguy

1,089 posts

Posted by decentguy > 2015-09-29 12:25 | Report Abuse

Not looking good...

decentguy

1,089 posts

Posted by decentguy > 2015-09-29 12:28 | Report Abuse

If the volume increasing with the price keep going down then better be cautious...current volume still moderate..

viper88

1,798 posts

Posted by viper88 > 2015-09-29 12:57 | Report Abuse

Alvin Hong: Dpd on your own investment plan and risk type.

Some just buy in stages to avg down their price.
Some might prefer to exit when market is weak and re-enter back when its more stable
Some just do nothing.

As for me.. i'm still holding and plan 2 buy in stages if have extra fund.
My recent entry was 0.175 previously sold and buy back 0.235/0.23/ 0.22/0.215/0.21 with more units.

Kian Yap

67 posts

Posted by Kian Yap > 2015-09-29 14:08 | Report Abuse

discount alot today...

Alvin Hong

116 posts

Posted by Alvin Hong > 2015-09-29 15:00 | Report Abuse

Thanks Viper88.

richkid

8,140 posts

Posted by richkid > 2015-09-29 15:25 | Report Abuse

From 18 sen to 25 sen took profit. Now back to 20 sen ...buy back of course.

viper88

1,798 posts

Posted by viper88 > 2015-09-29 15:51 | Report Abuse

Acid test for the big players.
Last time they flushed down alot Warrant players & small retail players from
0.60, 0.50, 0.45, 0.35, 0.30, 0.25, 0.20.

Now they r holding more shares in hand + THHEAVY-PB shares after RI completed.
if continue sell down 0.20+/- they r basically flushing down their own shares money value.
Need 2 support it as well so it wont drop 2 low.

Current support at 0.195/0.20.

richkid

8,140 posts

Posted by richkid > 2015-09-29 15:54 | Report Abuse

So it means best time to enter now? Yup!

annmix

1,521 posts

Posted by annmix > 2015-09-29 16:47 | Report Abuse

Nonstop selling at 20sen n 19.5sen, no eye see

Alvin Hong

116 posts

Posted by Alvin Hong > 2015-09-29 16:59 | Report Abuse

4 million sell @0.2.

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