Yes, XOX is a great example. 2 times UMA in short time frame but the share prices still can up crazily...If 700million contract is real, it supposed to hit 20-30c at least.. Tomorrow should be interesting.. Wait and see their game..
Description TH HEAVY ENGINEERING BERHAD ("THHE" or "the Company") - Clarification of News Report Carried By The Edge Malaysia
We refer to the news story that appeared in The Edge Malaysia on 25 July 2016 entitled “THHE close to securing RM700 mil contract”.
To the best of Company’s knowledge, the Company was not contacted by The Edge Malaysia and the Company is not in a position to state where the author of the news story obtained such information.
It is the Company’s intention to capitalise on the strategic location and resources of its fabrication yard and will continue to pursue all opportunities related to the upstream oil and gas business as well as to diversify into downstream and other non-oil and gas businesses such as marine vessel building and repairs.
In this respect, the Company states that is in preliminary discussions with the relevant government agency to secure a contract for the supply of offshore patrol vessels.
However, at present moment due to the preliminary nature of these discussions, the terms of the contract remains to be negotiated and is in a state of flux and therefore the Company will be making appropriate announcements (if any) when the time materialises.
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....
8Huat8
70 posts
Posted by 8Huat8 > 2016-07-25 16:25 | Report Abuse
Heading to 20 ,memang heavy punya countet