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

Posted by bursabulltrader > 2012-10-31 13:02 | Report Abuse

Steady all, green arrows going for a shooting soon....

buybackma

790 posts

Posted by buybackma > 2012-10-31 13:02 | Report Abuse

yezza...afternoon play just normal rhythm for THH

nicermannson

1,094 posts

Posted by nicermannson > 2012-10-31 13:18 | Report Abuse

still holding and standing

bubble

71 posts

Posted by bubble > 2012-10-31 13:29 | Report Abuse

i'm still holding both mother & son....still confident of this counter....despite disappointing opening.

Posted by thheavyuser > 2012-10-31 13:30 | Report Abuse

While contra players are throwing some parties are collecting....my 6th sense telling this counter will shoot in few days time!!!

SJSOON

2,576 posts

Posted by SJSOON > 2012-10-31 13:31 | Report Abuse

I am still holding this counter.

KC Loh

13,701 posts

Posted by KC Loh > 2012-10-31 13:32 | Report Abuse

Think of it this way, if it doesnt fall down anymore, chances are high it will go up. anyway, just supporting all the long suffering holders of THHE. could see you all waiting so long....

stock5678

531 posts

Posted by stock5678 > 2012-10-31 13:36 | Report Abuse

I queued a daily queue at 0.495, 100,000 share. See if I can get it.

afifi

2,036 posts

Posted by afifi > 2012-10-31 13:41 | Report Abuse

sirzack yes good opinion,,,volume increasing..up jgn bikin malu ...

stock5678

531 posts

Posted by stock5678 > 2012-10-31 13:52 | Report Abuse

what is the conversion price and ex-date for the warrant?

afifi

2,036 posts

Posted by afifi > 2012-10-31 13:56 | Report Abuse

THE EDGE "This is classic case......all up lift must up..

captros

152 posts

Posted by captros > 2012-10-31 13:59 | Report Abuse

1 to 1, 51 sens, Dec 2014. Money in Warrant.

Kenny Foo

232 posts

Posted by Kenny Foo > 2012-10-31 13:59 | Report Abuse

why hurry to jump in? wait for today closing first....

pathew

2,028 posts

Posted by pathew > 2012-10-31 14:00 | Report Abuse

the drop earlier was profit taking by those vested earlier...
there is a buy back especially in larger blocks, most likely by sharks and larger institutions after PN17 upliftment announcement

Hope the action picks up in the afternoon session!
In my opinion, they will win a few more contracts and there's only 1 way it would move, upward!

However, I feel that upward movement is limited since prior to PN17 upliftment this share has gained almost 100% from the lowest point at 31.5sen.

Kenny Foo

232 posts

Posted by Kenny Foo > 2012-10-31 14:06 | Report Abuse

Warrant target pick up is 0.410 - 0.425. the chart is showing breakout.

esegaban

1,311 posts

Posted by esegaban > 2012-10-31 14:32 | Report Abuse

buybackma : belum jual ma....tambah anak sikit....hehehehh....jual bila perlu bro....no rushing...

someone is holding the price at 0.60 ma.....

sirzack

237 posts

Posted by sirzack > 2012-10-31 14:44 | Report Abuse

transaction standstill...waiting for pushing up

bezfen08

167 posts

Posted by bezfen08 > 2012-10-31 14:45 | Report Abuse

the price is drop...but it reached the new highest price..this is a good sign too..

Abudance

2,211 posts

Posted by Abudance > 2012-10-31 14:51 | Report Abuse

Any experts have sny info what the TP for the warrant? Open at .46 sens and then drop to .42.5 sen.
Any one can help calculate its fair value? I'm a newbie. Tq!

Posted by kelvintan_mobile > 2012-10-31 15:03 | Report Abuse

nobody is buying or selling much at this time. Definitely the shark would still have lots to throw if they wished to throw it.

Furthermore i have never seen any counter that have PN17 upliftment news that stalls on the first day after announcement... Can anyone share reason why? Thx

Fasterom

70 posts

Posted by Fasterom > 2012-10-31 15:11 | Report Abuse

May be the reason is in Financial Assesment...

stock5678

531 posts

Posted by stock5678 > 2012-10-31 15:30 | Report Abuse

somebody cannot wait and got it at 0.60 just now wahahah

esegaban

1,311 posts

Posted by esegaban > 2012-10-31 15:53 | Report Abuse

menunggu dgn sabar.....

afifi

2,036 posts

Posted by afifi > 2012-10-31 16:01 | Report Abuse

eat to much...kan dah sakit perut

afifi

2,036 posts

Posted by afifi > 2012-10-31 16:03 | Report Abuse

esok news paper write this Pn17 ,,naik sikit boleh cabut ...

azama

4 posts

Posted by azama > 2012-10-31 16:08 | Report Abuse

hari ni sudah masuk paper

Saya Sayap

136 posts

Posted by Saya Sayap > 2012-10-31 16:11 | Report Abuse

personally,my first TP is 0.70. today vol. is too strong.hopefully today trader sell above 0.70......so good news is just for correction

Abudance

2,211 posts

Posted by Abudance > 2012-10-31 16:11 | Report Abuse

Sudah keluar news PN17 today.
Hope naik and not Turun lagi Esok! Maybe also sharks bought before announcement so premium factor in. Made about 30 sen slr

Posted by mysterious99 > 2012-10-31 16:12 | Report Abuse

0.70??? LOOKING AT IT, ERRRMMM.... HARD TO SAY... IF IT COULD GO UP TILL 0.70, ITS LIKE THE IMPOSSIBLE IS POSSIBLE

Posted by quyen850906 > 2012-10-31 16:27 | Report Abuse

Where? tmr i was forced to sell.

esegaban

1,311 posts

Posted by esegaban > 2012-10-31 16:31 | Report Abuse

cam last minute shoot jer...

Posted by quyen850906 > 2012-10-31 16:32 | Report Abuse

No more chance .pray

Posted by kelvintan_mobile > 2012-10-31 16:36 | Report Abuse

no chance to shoot ad today

kevin

180 posts

Posted by kevin > 2012-10-31 16:36 | Report Abuse

put too high hope on this counter.....

esegaban

1,311 posts

Posted by esegaban > 2012-10-31 16:45 | Report Abuse

adoi...no shoot today...mayb tomorow...

Posted by mysterious99 > 2012-10-31 16:47 | Report Abuse

yea, to high hope already....

anulus81

276 posts

Posted by anulus81 > 2012-10-31 16:47 | Report Abuse

takder rezeki :(

pirate99

822 posts

Posted by pirate99 > 2012-10-31 16:50 | Report Abuse

Performance aint good today...

ramunia

1,123 posts

Posted by ramunia > 2012-10-31 16:50 | Report Abuse

bye bye thheavy...

ken123

54 posts

Posted by ken123 > 2012-10-31 17:02 | Report Abuse

Fantasy gone

Wy Lee

512 posts

Posted by Wy Lee > 2012-10-31 17:02 | Report Abuse

no more hope...better buy jcy or amedia, both good foundation

sirzack

237 posts

Posted by sirzack > 2012-10-31 17:04 | Report Abuse

going 2 wait till friday whether up or down...after that adios amigo !!

potenza10

1,220 posts

Posted by potenza10 > 2012-10-31 17:06 | Report Abuse

buy when people sell, sell when people buy.when you dump, big shark will happy collecting at cheap price :)

ymj1016

216 posts

Posted by ymj1016 > 2012-10-31 17:15 | Report Abuse

Buy on rumours, sell on news...it's normal for ppl to profit taking. As long as you got the holding power, you'll benefit from it. This is a good potential company, so let it rest a day or two. It will come back.

Posted by sheridansulik > 2012-10-31 17:16 | Report Abuse

i can tell you it was a correction for small traders to take profit today. Big volume was bought at 58-59sens region, signs of accumulation. Big boys will not make a huge scene when they enter. they buy low, and when they are ready, create an excitement and those with TA skills will buy in. Also, it was to correct the RSI level, which was overbought yesterday.

FA wise, Thheavy have already matched the IPO price in 2005, which was 50sens and today its 0.18% increase. Fundamentally, THHEAVY will be the an alternative for MHB for O&G fabrication. Bank loans will be much easier as risk management will be low gearing. Therefore, THHEAVY will expand and be more developed with new projects coming in and eventually as Par as SKPETRO and MHB. Another FA factor to be taken into consideration, it is backed by Tabung Haji. TH have spend a lot on this company and definately making sure it will be profitable.

So today's performance was merely speculators and traders have this mindset, "Buy on speculation, sell on fact". BUT real investors who know the story behind it, will hold because O&G company like THHEAVY will double or triple of its current value.

Posted by streamer555 > 2012-10-31 17:22 | Report Abuse

well said sheridan...

pathew

2,028 posts

Posted by pathew > 2012-10-31 17:32 | Report Abuse

I earned 1 round already previously (speculative)...
now buy back in and bide my time for 2nd round albeit longer term investment and potentially higher earnings :)

Posted by Stephen Baster > 2012-10-31 17:44 | Report Abuse

agree with you mr sheridan. there's lot of hard work in getting the pn17 upliftment especially from the top management at th so don't expect the price to plung like nobody business. Traders' panic, SM getting out etc we know there's people who are dumping the share and there's also those who absorb the selling pressure. just look at the volume today. what the MD should do next is to hold a press conference, announcing this to the media to create buzz and set the direction of the company moving forward with this upliftment. add in potential investors news or additional contracts secured and then we're up.

Posted by thheavyuser > 2012-10-31 18:13 | Report Abuse

Sheridan, not many understand the real meaning of 'investment'...today's uplift sentiment in fact spoiled by the massive contra players and it will last till next Monday!!!

Posted by Stephen Baster > 2012-10-31 18:29 | Report Abuse

let's look back to prior statement from MD. this is a very strong statement:

“I am not aware that Bursa is contemplating postponing the lifting [of PN17 status] until our 4Q results are out,” Nor Badli said, stressing that such a move would be detrimental to the company’s ability to secure future contracts.

He added that it would be an uphill task to convince contract offerors if Bursa allows the PN17 status to continue, creating an impression that TH Heavy is a “sinking ship”.

“This move would also be unfair to our shareholders, who have shown strong support, especially to our institutional Tabung Haji,” he said.
Nor Badli said with an orderbook of RM250 million, the local bourse should no longer have doubts of the company’s future financial performance, and instead, should play its role to help the company contribute to the country’s O&G sector “especially so when there are only six local players in the industry”.

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