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

stonenut2

838 posts

Posted by stonenut2 > 2016-06-10 21:14 | Report Abuse

Ridzuan gave a good tips

ridzuan77

13 posts

Posted by ridzuan77 > 2016-06-10 21:20 | Report Abuse

Well...run man!

ridzuan77

13 posts

Posted by ridzuan77 > 2016-06-15 22:32 | Report Abuse

Hi guys, let me adding up some spicy flavor here..did you know that THHE Procurement Dept. boss daily activity? Well, he punched in at 9.00am and straight away to sleep in his room..hahaha..wired rite..owhh..did you know the current CEO had already sent his resignation letter? You don't know ahh? It is a gooood sign to buy now guys!

ridzuan77

13 posts

Posted by ridzuan77 > 2016-06-15 22:40 | Report Abuse

hahaha...guys this is latest funny news..3 nos of HPHT pipes for already delayed and LAD imposed for project Kinabalu were missing in the yard? Well, the priced for each number is USD1.5mil..this will another topup to overrun cost USD30mil..emm.. sabotage from vendor? staff who did not get paycheck? Or the sleeeeeeping beauty team..

kuttyravi

192 posts

Posted by kuttyravi > 2016-06-17 03:33 | Report Abuse

ridzuan77 , fpso project which was awarded to th heavy ape sudah jadi ?

kuttyravi

192 posts

Posted by kuttyravi > 2016-06-17 03:35 | Report Abuse

Is it true they looking to someone to buy over the company or their project ?

kuttyravi

192 posts

Posted by kuttyravi > 2016-06-17 03:36 | Report Abuse

ridzuan77 , will it close down ke ? Or PN17 ?

angelo

414 posts

Posted by angelo > 2016-06-17 05:59 | Report Abuse

Dear Friends, AVOID this counter. Already useless....better run before company embark on capital reduction n rights issue...cut loss even if the loss is painful.

Posted by huruhara > 2016-06-17 09:07 | Report Abuse

another big news.. Wait and see

ridzuan77

13 posts

Posted by ridzuan77 > 2016-06-17 20:02 | Report Abuse

ok, here is again some info, FPSO Layang project received 4th letter of reminders from JX Nippon and Carigali. As a former Contract Manager for this company, 3rd reminder is gooood enough to get letter of termination of contract. Well, why the 4th? Hehe, it is because THHE begging to the client for sometime to complete the job..owhh, that was in end of 2015. Our insider from THHE, said that the project will be taken to Pasir Gudang to complete the remaining work as THHE already damaged the contract with 135mil losses..the paperwork is in progress. So, what the last of this? Well, two options for THHE, get out from the business sell the yard to pay the 150-200mill vendor debts, and LAD for 3 projects. Last one, closed down business. This, even worse than in 2011 where Ramunia exit from Johor with 170mil hard cash in hand. The rest of this.. sedehh gila ending of this company. THHE is not a subsidiary or TH. Remember that.

lcsoo

58 posts

Posted by lcsoo > 2016-06-21 23:46 | Report Abuse

Now nobody dare to buy this counter,the price of stock already represented the situation of company. Buy and hold, will get huge profits when it rebounds from this bottom.

tekken

797 posts

Posted by tekken > 2016-06-22 21:46 | Report Abuse

see

Posted by huruhara > 2016-06-23 17:16 | Report Abuse

Aziz baling now have Najib to recover all losses. Just wait and see. another secure contract will get from Najib.

Posted by charles pang kah keet > 2016-06-30 12:43 | Report Abuse

try in this month comeback to 0:15sen after hari raya nanti.

sheep

3,849 posts

Posted by sheep > 2016-06-30 13:51 | Report Abuse

This ridzuan.
What he said is true or just wanna let go air and balas dendam cos he got laid off?
??????????

MamakKutty

287 posts

Posted by MamakKutty > 2016-06-30 14:49 | Report Abuse

ini THHE 1.0 punya time kena cuci head&shoulder ka?

ridzuan77

13 posts

Posted by ridzuan77 > 2016-07-02 02:15 | Report Abuse

Sheep, bro..
We did not balas dendam. We are telling the truth. You are welcome to reach and ask vendor for Oil and Gas who are willing to supply or/and support THHE..with their current mount debt. Well, it is your money guys..we are all welcome for you to continue to buy..please..no harm..

ktlum84

381 posts

Posted by ktlum84 > 2016-07-07 10:05 | Report Abuse

TH Heavy Engineering Bhd (THHE) was slapped with two winding-up petitions from its creditors for a collective sum of US$8.88 million (RM35.6 million) in relation to the supply of equipment and work done at the floating production, storage and offloading (FPSO) Layang project.

In separate bourse filings today, THHE said the first petition was by MIB Orwell Offshore Ltd and was presented on June 30 to the Kuala Lumpur (KL) High Court. A copy of the petition was served to THHE on July 4.

It said the petitioner is claiming US$7.61 million for the supply of equipment and machinery for the FPSO Layang project, and the case management for the petition has been fixed on July 20.

The second petition is by MIB Italiana SPA and was presented to the KL High Court on July 1; a copy of it was also served to THHE on July 4.

THHE said the second petitioner is claiming US$1.27 million for the supply and installation of quick release hook and mooring hawser for the same project. Case management for this petition has been set on July 15.

THHE said it has sought necessary legal advice on both matters with a view of defeating the petitions altogether, adding that the petitions would not have any additional financial and operational impact on the group.

ktlum84

381 posts

Posted by ktlum84 > 2016-07-07 10:10 | Report Abuse

How TH bailout this company?

MamakKutty

287 posts

Posted by MamakKutty > 2016-07-08 09:41 | Report Abuse

nose dive to 0.065

bryan90

288 posts

Posted by bryan90 > 2016-07-08 10:30 | Report Abuse

Omg

murali

5,723 posts

Posted by murali > 2016-07-08 10:31 | Report Abuse

Maybe the power of CPTeh...finally it shines....

http://klse.i3investor.com/servlets/forum/600099695.jsp

ktlum84

381 posts

Posted by ktlum84 > 2016-07-08 10:32 | Report Abuse

Another failure investment by TH after silver bird, Bumi monies gone!

Fish3129

140 posts

Posted by Fish3129 > 2016-07-08 10:33 | Report Abuse

Die standing this time...

bryan90

288 posts

Posted by bryan90 > 2016-07-08 10:51 | Report Abuse

No eye see.
my money already

BRAVOZULU

544 posts

Posted by BRAVOZULU > 2016-07-08 11:26 | Report Abuse

betul ka muscle. jgn bagi inform yg tak pasti lagi.

Posted by charles pang kah keet > 2016-07-08 11:32 | Report Abuse

fight court lagi, tak tau menang atau kalah, so mau mcam mana?

Posted by charles pang kah keet > 2016-07-08 11:33 | Report Abuse

saYA DAH LOST BYK WANG DLM COUNTER INI. BELI DI 0:145, NOW DLM 0:07SEN.

Posted by charles pang kah keet > 2016-07-08 11:34 | Report Abuse

KITA HOPEFULLY THHEAVY ADA AJAIB NAK BANGUN LAGI SYARIKAT.

ktlum84

381 posts

Posted by ktlum84 > 2016-07-08 11:39 | Report Abuse

Now only have 2 option, bailout or winding up...

Posted by charles pang kah keet > 2016-07-08 11:45 | Report Abuse

IF WINDING UP, SO THE SHARE PRICE WILL BE?

bryan90

288 posts

Posted by bryan90 > 2016-07-08 12:31 | Report Abuse

So still will dropping

MamakKutty

287 posts

Posted by MamakKutty > 2016-07-08 12:46 | Report Abuse

1-2weeks ago people tot 0.09 is already at the bottom of the sea floor, but did realise it's still dropping like a knife. Is this 0.065 really the bottom of the sea floor? catch the falling knife? cheap can be cheaper later?

ktlum84

381 posts

Posted by ktlum84 > 2016-07-08 12:53 | Report Abuse

NTA Rm0.69

LGMGL

441 posts

Posted by LGMGL > 2016-07-08 14:43 | Report Abuse

hahahaa..

bryan90

288 posts

Posted by bryan90 > 2016-07-08 16:16 | Report Abuse

Now think want buy some or not

SejukSam

1,004 posts

Posted by SejukSam > 2016-07-08 16:18 | Report Abuse

buy at your very very own risk lo...good luck

bryan90

288 posts

Posted by bryan90 > 2016-07-08 16:45 | Report Abuse

Correct I still consider

Angielim9955

2,049 posts

Posted by Angielim9955 > 2016-07-08 17:24 | Report Abuse

bryan90, can share why the lastest annoc will make this counter drop so heavy , I am not so clear about the content , do you mind sharing ?
thanks

Angielim9955

2,049 posts

Posted by Angielim9955 > 2016-07-08 17:41 | Report Abuse

hello CUTLOST if going to delist why still ask must buy lel?

yingkang87

445 posts

Posted by yingkang87 > 2016-07-08 19:16 | Report Abuse

many ppl die in this share!!!!

Angielim9955

2,049 posts

Posted by Angielim9955 > 2016-07-08 19:19 | Report Abuse

will you guys think the percentage of closing shop is high or very low

ktlum84

381 posts

Posted by ktlum84 > 2016-07-08 21:28 | Report Abuse

due to political issue, i dont think government will let this company close, because tabung haji fund mostly from bumi.. if they do so, the malay will lost it faith to the party!!

ktlum84

381 posts

Posted by ktlum84 > 2016-07-08 21:29 | Report Abuse

maybe another M&A soon...

MamakKutty

287 posts

Posted by MamakKutty > 2016-07-08 21:38 | Report Abuse

rights issue 5c ba.

Posted by maomaochong > 2016-07-08 21:53 | Report Abuse

現在的股價是不是不能發附加股?嘻嘻

Angielim9955

2,049 posts

Posted by Angielim9955 > 2016-07-08 22:00 | Report Abuse

ktlum84 what is M&A, and ktlum84 do you think 0.07 safe to enter this counter ?

OPMS

1,183 posts

Posted by OPMS > 2016-07-08 22:09 | Report Abuse

with current O&G field long depression, all i can see is the cloudy day ahead..
y would you all risking money in here, my fellow i3 members?

ktlum84

381 posts

Posted by ktlum84 > 2016-07-08 22:34 | Report Abuse

Angie, M&A- merger and acquisitions, i also no idea..

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