TH HEAVY ENGINEERING BERHAD

KLSE (MYR): THHEAVY (7206)

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53 people like this.

16,688 comment(s). Last comment by kuttyravi 2022-12-18 16:10

richrich8

248 posts

Posted by richrich8 > 2013-05-20 20:08 | Report Abuse

Tomorrow listing of 92Mil new shares....

Darren Kho

733 posts

Posted by Darren Kho > 2013-05-20 20:11 | Report Abuse

What's that mean?

richrich8

248 posts

Posted by richrich8 > 2013-05-20 21:17 | Report Abuse

Additional 92mil share available tomorrow @ 0.45/share. significantly lower than the current price. wonder if the holder will sell it in open market. if they do, share price will drop...

also, it means THHE is RM45mil richer...

TH share holding diluted to 29+%.. allowing them to accumulate more without triggering GO

Welcome Quek family to THHE board :)

Any senior / sifu here can give some light?

richrich8

248 posts

Posted by richrich8 > 2013-05-20 21:20 | Report Abuse

Also, Net Asset per share appreciated with the additional capital injection by Quek family :)

THHE should worth more after the capital injection :)

but EPS will be diluted... hope THHE can generate more income to increase EPS, which i think THHE will secure more projects...

So, the private placement should be positive news to THHE

charlie chia

2,151 posts

Posted by charlie chia > 2013-05-20 21:30 | Report Abuse

If 92 millions from private placement
Quek family wont sell down
Dont worry

richrich8

248 posts

Posted by richrich8 > 2013-05-20 21:39 | Report Abuse

I also share the same opinion :)

Quek family wont sell the share cheap. They are billionaire, the gain is too small to sell it now.

The exercise will push the share price further up up up...

Quek Junior may acquire more shares from open market and become a SSH. GCL will have another representation on board. Lets welcome Quek family on board and drive THHE biz to new height..

THHE should worth more. Quek family must have seen this point and decided to put in more $$$

McDermott also one of the major in O&G biz, they wont simply form JV if they not confident with THHE.

So, lets watch the show from tomorrow onwards until EGM on 3 June to finalize JV with McD that will further transform THHE into one of the key player in regional O&G play :)

CityTrader

8,151 posts

Posted by CityTrader > 2013-05-20 21:42 | Report Abuse

I jst rcv news that not optimistic, b prepared for gap down but i wish it wont happen. Let us look for ans tomorw.

CityTrader

8,151 posts

Posted by CityTrader > 2013-05-20 21:43 | Report Abuse

My posting above not sure true or not.

Posted by faizalasrul > 2013-05-20 21:57 | Report Abuse

TMR SHOW WILL START........

hilmant

129 posts

Posted by hilmant > 2013-05-20 22:05 | Report Abuse

personally ..at 1st place, why quek still wanna sell?

..so far, im very heppy with quek join the group.. let share the cakes

hilmant

129 posts

Posted by hilmant > 2013-05-20 22:06 | Report Abuse

let work togather...

skyland

644 posts

Posted by skyland > 2013-05-20 22:28 | Report Abuse

careful...new pp only at 0.44...if i were Queck, i will dump 1st & buy back at lower

Posted by faizalasrul > 2013-05-20 22:39 | Report Abuse

IF THAT SO LET'S BUY MORE..........

Posted by faizalasrul > 2013-05-20 22:46 | Report Abuse

ANOTHER THINGS WHO R BUYING TODAY?

Posted by faizalasrul > 2013-05-20 22:48 | Report Abuse

IF ITS GOING DOWN I WILL TRIPLE UP MY BUYING..........:o

Posted by faisal jaafar > 2013-05-20 22:48 | Report Abuse

Skyland and friends - Queck won't dump their shares on open market. If they do they won't become major share holder in THH and they will not become one of THH Director. After dumping the share its dfficult fr them to acquire the 94 million shares back. It won't happen 100%.
They are billionaire so a profit of 60% is nothing to them. They definitely will keep the shares even if the price goes up to Rm.2.00. Because they will gain more in term of Bonuses, Right issues as well as dividend in future. I myself still holding my 1.1 million shares ( I can make profit of few hundred thousand ringgit now if I sell, but I will keep for few years to reap more benefit) So don't worry the share price tomorrow won't be deluted, but price will increase.

Posted by faizalasrul > 2013-05-20 22:57 | Report Abuse

TQ FAISAL JAAFAR, SIMPLE WORDS, BUT MAKE EVERYBODY GOING TO BUY MORE..............

potenza10

1,220 posts

Posted by potenza10 > 2013-05-20 23:12 | Report Abuse

i also own few million shares....

Ho Lee Man

151 posts

Posted by Ho Lee Man > 2013-05-20 23:34 | Report Abuse

I unloaded all my THHEAVY at 0.715 today.
Prefer cash than shares in this THHEAVY.
Happy Trading to all.

skyland

644 posts

Posted by skyland > 2013-05-20 23:35 | Report Abuse

Wow...this kind of counter u dare put 1.1 million share? mean 650k now...your networth sure more than 5 mil

wancin

35 posts

Posted by wancin > 2013-05-20 23:50 | Report Abuse

wow,,,,

potenza10

1,220 posts

Posted by potenza10 > 2013-05-20 23:50 | Report Abuse

hahahahaha...this kind of open forum, dont take all seriously...

richrich8

248 posts

Posted by richrich8 > 2013-05-21 00:17 | Report Abuse

Did the price of SKPetrol drop after the private placement? It fly higher!! :)

Good nite

Posted by faisal jaafar > 2013-05-21 00:55 | Report Abuse

Skyland - it's 786,500.00 not 650k.

Darren Kho

733 posts

Posted by Darren Kho > 2013-05-21 09:17 | Report Abuse

It's dropping ;(

bebe89

20 posts

Posted by bebe89 > 2013-05-21 09:26 | Report Abuse

will go up....

bebe89

20 posts

Posted by bebe89 > 2013-05-21 09:26 | Report Abuse

just wait

Posted by faizalasrul > 2013-05-21 09:28 | Report Abuse

buy more

Darren Kho

733 posts

Posted by Darren Kho > 2013-05-21 09:29 | Report Abuse

just buy in 500 lots :) run out of capital

Darren Kho

733 posts

Posted by Darren Kho > 2013-05-21 10:00 | Report Abuse

GO GO GO !!!

bebe89

20 posts

Posted by bebe89 > 2013-05-21 10:02 | Report Abuse

UPPPPPP!!!

bezfen08

167 posts

Posted by bezfen08 > 2013-05-21 10:20 | Report Abuse

i think thheavy will touch the upper limit price soon..

Darren Kho

733 posts

Posted by Darren Kho > 2013-05-21 10:21 | Report Abuse

0.75 today :)

Darren Kho

733 posts

Posted by Darren Kho > 2013-05-21 10:25 | Report Abuse

come on...start the engine

Posted by faisal jaafar > 2013-05-21 10:29 | Report Abuse

My homework on this share is right. Already shows very positive result.
So my friends BUY BUY. BUY and KEEP.

CityTrader

8,151 posts

Posted by CityTrader > 2013-05-21 10:32 | Report Abuse

congrats bro faisal, any other good shares that u have screened through??

fpisb

101 posts

Posted by fpisb > 2013-05-21 10:33 | Report Abuse

bezfen08 What is the upper limit u think ??

norhafizal

168 posts

Posted by norhafizal > 2013-05-21 10:39 | Report Abuse

smga penutup arini above 75 sen.amin..

Posted by faizalasrul > 2013-05-21 10:43 | Report Abuse

yup./...

cliqme

15 posts

Posted by cliqme > 2013-05-21 10:44 | Report Abuse

What is TP?

bezfen08

167 posts

Posted by bezfen08 > 2013-05-21 10:51 | Report Abuse

80cent or above..just guess..

Posted by faizalasrul > 2013-05-21 10:52 | Report Abuse

rm1.00

afifi

2,036 posts

Posted by afifi > 2013-05-21 10:57 | Report Abuse

kayo lah... buy new alpard...

norhafizal

168 posts

Posted by norhafizal > 2013-05-21 11:01 | Report Abuse

dah kayo jgn lupa berzakat n bersedekah.....

hamPAS

97 posts

Posted by hamPAS > 2013-05-21 11:03 | Report Abuse

in sha ALLAH.. :-)

Darren Kho

733 posts

Posted by Darren Kho > 2013-05-21 11:15 | Report Abuse

Vroomm.... GO GO GO

Darren Kho

733 posts

Posted by Darren Kho > 2013-05-21 11:53 | Report Abuse

2nd wave after lunch?

cliqme

15 posts

Posted by cliqme > 2013-05-21 12:11 | Report Abuse

Waiting profit 0.79 and 0.85 then buy back lower. Push!

Darren Kho

733 posts

Posted by Darren Kho > 2013-05-21 12:26 | Report Abuse

makan makan!! wait for 2nd wave later

kerengga

345 posts

Posted by kerengga > 2013-05-21 12:36 | Report Abuse

Take profit first..=)..PE ratio is too high..50-60% profit is enough..buy lower later

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