after raining we can see the rainbow...mostly all active counters are dropping ...then will rise again...where to go...either up or down...let it be..make profit sell..no profit...keep...more profit wait..gud luck
I would like to confess that during this super bull period, i made several silly mistakes. I sold too early my ausprem, harvest, tiger, n all my fellow bro sis in this i3 poccketed alot of bags of money, i congrats, so i m not going tosell this diamond unless it hit my TP.
Well its also depending on the street protest planned this weekend. Hope Malaysians are matured enough not to participate or at least police will take a stern action to avoid it. Bikin kacau lain tempat laaa....
THHE set to square up to bigger rivals in venture with McDermott
16 May 2013 22:59 GMT
Pulau Indah-based yard operator TH Heavy Engineering (THHE) is set to team up with McDermott of the US to give its two other larger rivals, SapuraKencana and Malaysia Marine Heavy Engineering, a run for their money in the buoyant Malaysian engineering, procurement, construction, installation and commissioning space, writes Tan Hwee Hwee.
Fresh from shedding its PN17 status — a classification assigned to companies under distress on the Kuala Lumpur stock exchange — THHE is looking to seal a joint venture signed with McDermott last December during its annual shareholders’ meeting next month.
Once the joint venture is approved by THHE’s shareholders, the Kuala Lumpur-listed outfit and its US partner will proceed to swap 30% stakes in two subsidiaries, Berlian McDermott and TH Fabricators.
Berlian McDermott is responsible for carrying out transportation and installation contracts in Malaysia.
McDermott has assigned the derrick pipelay barge DB 30…
THHE will be in different class after its JV with MCD and placement by billionaire Quek family. It is expanding its yard & has a FPSO & sukuk financing instrument on hand....
THH OPERATION IS ONLY 13%.AFTER TAKE OVER RAMUNIA BECOME 25%. NOW BUY LAND AT DOCK 3 TIMES (MCDERMOTT NEED)FROM 25%...MEANS 100%. SIMPLE CALCULATION...THH SHARE IS SHOULD 3 TIMES MORE THAN 0.42 SEN. MEANS 0.42 x 4 = RM1.68...PRIVATE PLACEMENT BY QUEK SON IS ONLY AROUND RM41 MILLLION TO BUY NEW CRANE TO ENSURE GET CONTRACT.THIS CRANE CAN CUT OPERATIONAL TIME AND CUT COST UNTIL A MILLION RM. AFTER THIS 3 MORE QUARTER REPORT UNTUL END OF THIS YEAR WILL BE SURELY POSITIVE. BROKERAGE HOUSE CAN ESTIMATE THE REAL VALUE OF THH.THEN DIVIDEND WILL DECLARE TO THE SHAREHOLDER...AFTER THAT...GIANT INSTITUTION WILL BUY THIS SHARE. PLEASE DO NOT SHOCKED IF THIS SHARE WILL BE RM 2.++.CONFIRM. THAT TIME WE WILL SEE THIS IDIOM OCCUR 'A CHANCE CANNOT COME TWICE' - HAPPY TRADING :)
Good opportunity seldom comes twice. If u have faith with this counter n ve done homework which i dont, then u will never regret to increase ur positions. I already put 70% of my fund on this stock,
watch the morning dance first...n then we can say where thw direction..south or north...but my observation base on last week show...it is uptrend...must break 0.67 first...gud luck ...hepy trading
nothing is impossible...need patient...if not up then down...once it breaks 0.70 ..we see new land...then new rainbow...just watch..watch the dance...gud luck
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....
Ho Lee Man
151 posts
Posted by Ho Lee Man > 2013-05-16 11:31 | Report Abuse
RHB Research ,targets THHeavy price at 75sen.