well,still need to confirm the trend performance by tomorrow... they was a selling activity taking place due to the coming holiday and profit lock down by the fund manager....
can thh price >0.70? or 1.00? possible!! of course, depending on contracts win and co exercise :)
thh owns a fabrication site & 1 fpso. financially backed by tabung haji. low borrowing. cash in bank.
thh may win a RSC project. big contract, long term, good margin. it owns a FPSO! if a fpso win by perisai can rock its share price, why cant a fpso win rock thh price? furthermore, thh owns the fpso 100%!
thh also bidding for HUC tender and expect to win at least one. another good revenue.
thh will win some additional fabrication job. $$ in.
thh financial is strong, can expand assets in future. maybe some M&A? sendai can buy into Technip Sg, thh also can.
thh owner, th (cash bank), also own share of other local players like Alam, Waseong, etc. possible for M&A, to make a major O&G player under tabung haji umbrella?
thh owned by th. should be able to shield it off some political risk compare to other counter?
now the question is, how good is thh management to turn the counter around. look at how izzat turn perisai into such a solid O&G play from a pipe laying co...
anything is possible in biz. just depends how good is the cheft!! :)
Awaiting for THH to solicit news projects in 2013. Pulau Indah's working site is gradually on operations. Believe its good news would be award granted by Petronas in 2013
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....
Yuzuki
1,437 posts
Posted by Yuzuki > 2012-12-13 10:13 | Report Abuse
goreng sendiri = syiok sendiri ... hehehe "left pocket 2 rite pocket"