Posted by Superb99 > 2020-05-14 10:54 | Report Abuse

most likely it will not break below 56 sen as the share price is actually at the low side and big players are holding at this level so most of the stocks that being dumped now were coming from retails. I am not sure why the big kaki still zzz, let's see. However, if you think it is pretty low now and you cant take further risk, better sell it off...as this is a loss making company so is kind of high risk counter.

Posted by Superb99 > 2020-05-14 10:59 | Report Abuse

previously i dumped a batch above 0.7 so still holding some but i did average my cost down slowly as i am not sure how low it can go. no doubt, 0.56 is the next support so if break below it, most likely i will cabut as no pint to hold super downtrend counter, wasting time only.

Posted by davidkkw79 > 2020-05-14 11:55 | Report Abuse

So it means just want to scare us only, should buy in more again

Posted by Superb99 > 2020-05-14 12:09 | Report Abuse

david, you play at your own risk, i did average at 0.625 just now

Posted by davidkkw79 > 2020-05-14 14:22 | Report Abuse

sure. Dont worry. I believe this is the bottom already.

Posted by Superb99 > 2020-05-14 16:00 | Report Abuse

need to wait for some time, not so fast as it does not have any good news to push it up

Posted by davidkkw79 > 2020-05-15 08:55 | Report Abuse

Buy now !

Posted by Superb99 > 2020-05-15 12:32 | Report Abuse

Really no idea when this counter is going to move up, like zombie now...lol

Posted by Superb99 > 2020-05-15 15:21 | Report Abuse

wa...0.62....super low

Posted by Superb99 > 2020-05-15 16:19 | Report Abuse

no more show...gg

Posted by hoowk77 > 2020-05-16 19:12 | Report Abuse

Still holding..it will come back

Posted by Superb99 > 2020-05-16 20:02 | Report Abuse

Hoowk77, so confident, any good news for this company?

Posted by hoowk77 > 2020-05-18 13:15 | Report Abuse

oil price is improving

Posted by Superb99 > 2020-05-18 16:00 | Report Abuse

Ya but it is still zzz, super low volume

Posted by Victor Yong > 2020-05-19 16:52 | Report Abuse

Board: MAIN
Sector: Transportation&Logistics
Avg Volume (4 weeks): 544,400
4 Weeks Range: 0.56 - 0.76
52 Weeks Range: 0.56 - 1.36
Average Price Target: 2.40
Price Target Upside/Downside: +1.74

Posted by Victor Yong > 2020-05-19 16:54 | Report Abuse

Bhic is also related to oil and gas industry

Boustead Heavy Industries Corp Bhd is a company with diverse maritime and aerospace interests in the defence, enforcement and security, commercial and energy sectors. Under the Defense and security segment it is engaged in shipbuilding and maintenance, repair and overhaul of Navy's patrol vessels, whereas the Energy segment focuses on the fabrication of steel structures and platforms, marine engineering, oil and gas fabrication and other services related to the oil and gas industry; and the Commercial units is involved in the activity of heavy engineering, shipbuilding, providing trainings, trading of goods and MRO of aircraft wheels and brakes. Geographically it operates fully within Malaysia.

Posted by Superb99 > 2020-05-19 18:35 | Report Abuse

victor, thanks for sharing, ya, this counter is being dumped like rubbish by Urusharta almost every day

Posted by Victor Yong > 2020-05-19 19:19 | Report Abuse

LTAT should buyback from urusharta. small amount~RM10mil based on 66sen now


15,886,467 x 66sen ~RM10 mil only.

Should not appoint banks to throw the shares in the open market like crazy... bodoh

URUSHARTA
Total no of securities after change
Direct (units) 15,886,467
Direct (%) 6.39
Indirect (units) 0
Indirect (%) 0.00
Total (units) 15,886,467
Total (%) 6.39
Date of Notice 15-May-2020


19-May-2020 Insider URUSHARTA JAMAAH SDN BHD (a substantial shareholder) disposed 17,000 shares on 14-May-2020.
18-May-2020 Insider URUSHARTA JAMAAH SDN BHD (a substantial shareholder) disposed 24,800 shares on 13-May-2020.
18-May-2020 Insider URUSHARTA JAMAAH SDN BHD (a substantial shareholder) disposed 24,000 shares on 13-May-2020.
15-May-2020 Insider URUSHARTA JAMAAH SDN BHD (a substantial shareholder) disposed 25,900 shares on 12-May-2020.
15-May-2020 Insider URUSHARTA JAMAAH SDN BHD (a substantial shareholder) disposed 25,200 shares on 12-May-2020.
15-May-2020 Insider URUSHARTA JAMAAH SDN BHD (a substantial shareholder) disposed 12,000 shares on 12-May-2020.
14-May-2020 Insider URUSHARTA JAMAAH SDN BHD (a substantial shareholder) disposed 39,900 shares on 08-May-2020.
14-May-2020 Insider URUSHARTA JAMAAH SDN BHD (a substantial shareholder) disposed 39,000 shares on 08-May-2020.

Posted by Superb99 > 2020-05-20 10:37 | Report Abuse

down again....

Posted by Live4Tea > 2020-05-20 16:02 | Report Abuse

GLC shares sold like this through bankers in the middle? Any particular reason? Bad news travel very fast downwards like this.

Posted by Superb99 > 2020-05-22 10:32 | Report Abuse

up a bit but low volume, i sold some d

Posted by Superb99 > 2020-05-22 11:46 | Report Abuse

no more show

Posted by air01557 > 2020-05-24 22:54 | Report Abuse

Urusharta Jamaah, a govt vehicle sold part of its holdings cheaply to certain INTERESTED PARTIES who were on standby in open market. A total of 1.5 million Boustead shares were sold between 13th and 27th April. As a result the share price plumetted steadily. And when PATRIOT questioned the sell-off on 27th April immediately the sell-off stopped the next day and the shares started to rebound. On 30 April new chairman announced. What was supposed to be govt and country's gain became a huge gain to the select INTERESTED PARTIES.

Posted by Superb99 > 2020-05-27 12:04 | Report Abuse

not bad today

Posted by Live4Tea > 2020-05-27 13:25 | Report Abuse

Air 1557 if what you are saying is right that means someone ripped off and cheated the MOF and BHIC at one go. And with this forced buying by political appointee, is that a crime? Bursa will suspend? Can buy or stay away?

Posted by hoowk77 > 2020-05-27 22:02 | Report Abuse

Is time for harvesting and keep to be wealthy. Still buying...

Posted by moonasia > 2020-05-28 23:53 | Report Abuse

LTAT offer to buy Boustead at 0.800, so how much is BHIC worth?

Posted by hoowk77 > 2020-05-29 20:50 | Report Abuse

V need a expert to calculate.. anyone can help please

Posted by Superb99 > 2020-06-02 12:54 | Report Abuse

Sold all at 0.755 days ago, slow counter

Posted by davidkkw79 > 2020-06-05 20:39 | Report Abuse

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3056720

Posted by davidkkw79 > 2020-06-05 20:39 | Report Abuse

Finished !

Posted by Good123 > 2020-06-10 18:49 | Report Abuse

esok, up :p

Quarterly rpt on consolidated results for the financial period ended 31 Mar 2020

BOUSTEAD HEAVY INDUSTRIES CORPORATION BHD
Financial Year End31 Dec 2020Quarter1 QtrQuarterly report for the financial period ended31 Mar 2020The figureshave not been audited

Attachments

BHIC Q1-Y2020.pdf
108.2 kB

Default Currency

Other Currency

Currency: Malaysian Ringgit (MYR)

SUMMARY OF KEY FINANCIAL INFORMATION
31 Mar 2020

 

INDIVIDUAL PERIOD

CUMULATIVE PERIOD

CURRENT YEAR QUARTER

PRECEDING YEAR
CORRESPONDING
QUARTER

CURRENT YEAR TO DATE

PRECEDING YEAR
CORRESPONDING
PERIOD

31 Mar 2020

31 Mar 2019

31 Mar 2020

31 Mar 2019

$$'000

$$'000

$$'000

$$'000

1Revenue

44,048

36,295

44,048

36,295

2Profit/(loss) before tax

20,654

-4,057

20,654

-4,057

3Profit/(loss) for the period

20,384

-4,298

20,384

-4,298

4Profit/(loss) attributable to ordinary equity holders of the parent

20,384

-4,298

20,384

-4,298

5Basic earnings/(loss) per share (Subunit)

8.20

-1.73

8.20

-1.73

6Proposed/Declared dividend per share (Subunit)

0.00

0.00

0.00

0.00



AS AT END OF CURRENT QUARTER

AS AT PRECEDING FINANCIAL YEAR END

7
Net assets per share attributable to ordinary equity holders of the parent ($$)

0.5500

0.4700


Definition of Subunit:

In a currency system, there is usually a main unit (base) and subunit that is a fraction amount of the main unit.
Example for the subunit as follows:

CountryBase UnitSubunitMalaysiaRinggitSenUnited StatesDollarCentUnited KingdomPoundPence



Announcement Info

Company NameBOUSTEAD HEAVY INDUSTRIES CORPORATION BHDStock NameBHICDate Announced10 Jun 2020CategoryFinancial ResultsReference NumberFRA-09062020-00009

Posted by ray8283 > 2020-06-10 19:56 | Report Abuse

wau ...Good Results..tomolo Sure up...luckly today masuk sikit

Posted by CUTLOST > 2020-06-10 20:12 | Report Abuse

Wow 574% profit.. Actually it gd news for the group.. Hope tmr it will spike up to the highest

Posted by Good123 > 2020-06-10 20:40 | Report Abuse

more profitable in future after VSS.

Right-sizing Exercise
An exercise was undertaken to identify the optimal organisational structure for the Group. An
obvious component of this exercise is a critical review of appropriate human capital resources,
which will impact the entire Group. Specific right-sizing initiatives, based on the Group’s
established performance appraisal processes, have commenced in all primary operating
facilities, including the head office and will lead to a reduction in overall employee headcount.
This exercise is expected to be completed by 30 June 2021.
As at 31 March 2020, a total of 160 personnel had accepted the mutual separation scheme
offered by the Group since 2016 with a total payment of RM11.5 million.

Posted by Good123 > 2020-06-10 20:42 | Report Abuse

hold bhic. closing non-performing units. Internal Business Reorganisation
The Group started an exercise to review the operational structure and decided to merge the
operations of certain business units. Three non-performing business units have been identified
and the closure is ongoing.
The closure resulted in a retrenchment of 78 staffs with a total payment of RM5.7 million.

Posted by Good123 > 2020-06-10 20:46 | Report Abuse

recently the construction of the remaining three Littoral Mission Ships (“LMS”) in China has
resumed post Covid-19. Both the LCS and LMS Programmes are ongoing at slower progress. The
Associate and China Shipbuilding

Posted by CUTLOST > 2020-06-11 09:25 | Report Abuse

Tq tq.. Finally sold 80cts

Posted by Davedeli > 2020-06-11 09:47 | Report Abuse

Can go higher I think

Posted by Davedeli > 2020-06-11 09:48 | Report Abuse

An Ascending Triangle is formed

Posted by Davedeli > 2020-06-11 09:50 | Report Abuse

Waiting for people to realize this counter

Posted by Davedeli > 2020-06-11 09:52 | Report Abuse

Going to recover to pre-covid price soon

Posted by Good123 > 2020-06-11 10:48 | Report Abuse

maybe urusharta started dumping the shares again

Posted by Good123 > 2020-06-11 10:49 | Report Abuse

urusharta has 15mil shares to dump, unfinished yet Changes in Sub. S-hldr's Int (Section 138 of CA 2016)

BOUSTEAD HEAVY INDUSTRIES CORPORATION BHD

Particulars of substantial Securities Holder

NameURUSHARTA JAMAAH SDN BHDAddressTingkat 7, Bangunan Setia 1, 15 Lorong Dungun, Bukit Damansara
Kuala Lumpur
50490 Wilayah Persekutuan
Malaysia.Company No.201801045610 (1307642-V)Nationality/Country of incorporationMalaysiaDescriptions (Class)Ordinary Shares

Details of changes

NoDate of change

No of securities

Type of TransactionNature of Interest118 May 2020

11,000

DisposedDirect InterestName of registered holderCITIGROUP NOMINEES (TEMPATAN) SDN BHD URUSHARTA JAMAAH SDN BHD (NOMURA 1)Address of registered holderLEVEL 42, MENARA CITIBANK, 165 JALAN AMPANG, 50450 KUALA LUMPURDescription of "Others" Type of Transaction
Circumstances by reason of which change has occurredDisposedNature of interestDirect InterestDirect (units)15,845,267Direct (%)6.377Indirect/deemed interest (units)Indirect/deemed interest (%)Total no of securities after change15,845,267Date of notice19 May 2020Date notice received by Listed Issuer21 May 2020


Remarks :The total direct shares of 15,845,267 are held as follows: - 1) Citigroup Nominees (Tempatan) Sdn Bhd, Urusharta Jamaah S B (Aberdeen 1) - 4,766,633 2) Citigroup Nominees (Tempatan) Sdn Bhd, Urusharta Jamaah Sdn Bhd (Maybank 1) - 6,102,634 3) Citigroup Nominees (Tempatan) Sdn Bhd, Urusharta Jamaah Sdn Bhd (Nomura 1) - 4,976,000


Announcement Info

Company NameBOUSTEAD HEAVY INDUSTRIES CORPORATION BHDStock NameBHICDate Announced21 May 2020CategoryChange in the Interest of Substantial Shareholder Pursuant to Section 138 of CA 2016Reference NumberCS2-21052020-00082

Posted by Good123 > 2020-06-11 10:49 | Report Abuse

the biggest obstacle for bhic share price

Posted by Good123 > 2020-06-11 16:40 | Report Abuse

untung Sikit je :). Besides higher revenue from MRO projects, BHIC said the reversal of expected credit losses of RM18.6 million also contributed to the group’s improved financial performance for the quarter.

Posted by hoowk77 > 2020-06-17 12:43 | Report Abuse

Received 154.3mil submarine contract from mindef. Order value near to share mkt capitalization

Posted by CUTLOST > 2020-06-17 15:42 | Report Abuse

Waiting back at 70cts

Posted by hoowk77 > 2020-06-18 10:52 | Report Abuse

company status is improving fast

Posted by Diego2020 > 2020-07-01 14:27 | Report Abuse

buy buy buy