OMG THH my wish come true, close green today after all the negative comments. Hopefully no SKYFALL for awhile. So so... tired swimming in Red Sea, Feels better in green forest.. Fresh air. Now can " Tarik Nafas" sekejap until Monday.
O&G sector have a bright future ahead so the counter that got related with it sure with got some benefit from it,just the size of contract and amount that matter....
These O&G counters are often in the limelight, giving traders the chance to make a few ringgit whenever something or other is announced. This can be quite regular due to the nature of the industry with announcements of this and that contract. They don't have to be massive - just news of being awarded something is often good enough.
I'm really envious of SKPetro - it seems they'd announce something at least once a month. This week it's Perisai. TH Heavy - it's, erm, "the poor man's oil & gas company" so we can't expect too many announcements. But still there should be something, especially when the upgrading of the Pulau Indah plant is completed.
I feel 0.48 is a strong support and it's a good point to come in at with upward resistance at 0.60 or so. A 12-sen range is attractive enough for traders and interest will likely be sustained if it stays above its 100-Day Moving Average of 0.49.
thh is quite weak if compare to other O&G company based on business or capabilities... so is quite hard for it to compete with other like skperto or MHB that are the leading company in this industry
salam n hi semua, wah TA dah ok balik ni...mmm...try cari makan kat sini sikit...come contrarian....dah boleh strat main ni...finaly the graph shown positive wave....hope on monday can jump into this counter again....heheheh....
10 days downtrend and on d 11 day...the trend start to upward...mmm...i think can take advantage here....the lowest is 0.48 n d highest is 0.63....happen in 11 days....heheheh...perhap can fly again to 0.63 in 11 days more heheheh....perhap...
THH will be making announcement for its upcoming project
'Jualan Nasi Lemak' sure untung coz Nasi sure got a lot of Oil (lemak) n Gas (wangi) ... Now THH need an important ingredient. IKAN BILIS .... So all of u small fishes, come to papa THH to be part of the big thing. Goreng IKAN BILIS...
Just a joke to lighten up people like me... Hahahahaha. Apology to those felt offended ... Joking je :D
rogerlim: u rite, anything can happen...but 4 me, i think on monday will open green mayb 0.515 or more and will climbing as fast as posible....must take any chance here....cheer bro...
at last 10 trading day,there are many rumor about new contract or project to be award to THH but all are false alarm... other company like alam,perisai and skpetro already get some contract and more to come....
There is this other O&G counter that's in a coma for some time already - SILK. Although it's better known for its toll expressway, its O&G division brings in some two-third of its income. I'd say SILK is an interesting 2-in-1. The main problem is its rather heavy debt which servicing eats away a lot of the profits. But this counter is worth watching for signs of coming back to life. Assets-wise it looks better than TH Heavy.
Waah!THH not in the top 30 Hot Stock List.Alot of views being exchanged already so look like no trending required as most of us have make up our mind what to do 2morrow.It can only go 2 ways:Hot up or down hot.Let wait n see the outcome besok.Cheers.
all counters will not contrarian-free...bear in mind.no such thing 'real business' in stock market.many traders out there to grab a chance when the sentiments knock the door :)
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....
rogerlim
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Posted by rogerlim > 2012-11-16 18:26 | Report Abuse
thanks for the heads up....