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....
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.
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.
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!!
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
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.
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: 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.
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.
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....
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