20% PP coming....

going down, no deal yet......haha

@boldrun88, yeah, FIC ceased as substantial shareholder on 8-Jun which a month ago, how much they still holding as a today, i believe less than 5 million.....

a strong buy recently already indicate that the deal is closing ....NTA is above 20cent which is 45% higher than current price.

SERBADK is one of the potential buyer/partner for Barakah....as mentioned by the GCEO, he planning to sell portion of his share and looking strategy partner to bit for more project and as well as join own the idle boat.....don't forget extension of the principle repayment is due in 2019, so Barakah need a deal by this quarter before the company financial get worsen.

http://klse.i3investor.com/blogs/kentrade888/161544.jsp

need more oil.....

white knight going to emerge soon???

announcement of extension contract which take place in last year show tat the management want to push up the price...they need new funding urgently else p17 soon.

no white knight.....

go buy The Busy Weekly, they got feature this stock, but is bad news.....after read the article, trader may not able to sleep well....monday definitely will down....the question is how much...

still no good news been announced....

most active stock, crazy buy yesterday, maybe got good news in The Edge tomorrow....

hope you are right, not a trap...pray hard hard...

what is the story behind this hike

i guess today rally end already....now wait until the trade war take effect, tomorrow going to be a interesting day.

all oil counters gone up ........

omg, berjaya group is making loss still want to donate 5 million to gov....so next Q lose again?

good news on the contract, but just the timing of announcement is questionable, the contract is extended on last year but announced today which expire soon.....anyway enjoy tomorrow rally.

tomorrow would be the last rally if the trade war on Friday could not be avoided.

is this the new contract mentioned by @mohamsu

no doubt Barkah are teaming up with few parties bidding projects, just hope all the best.

need 2 year to turn black......better put the money into FD first since it confirm that making loss for the new few quarter.

tonight would be the last chance for US to avert the tariff on China, cause China will impose the tariff tomorrow midnight due to China time zone is 12 hours aheand of US...

not sure mohamsu lie or not, but base on his record where he lie about the TH exit P17 soon on January 2018, but in fact the TH target to out from P17 on 2019.

better discount his comment and judge by yourself before bet on it.

Stock: [THHEAVY]: TH HEAVY ENGINEERING BERHAD
Jan 25, 2018 06:55 AM | Report Abuse
mohamsu: Good news...soon will out from P17

Fact -->TH Heavy Engineering Bhd said it will undergo a kitchen-sinking exercise so it can start with a clean slate and exit the Practice Note 17 (PN17) status by the first quarter of next year 2019

@calvintaneng, i not against you or undermine your research, but in history of Malaysia, gov issue most of the road maintenance job and utilize the allocated fund before GE, so after GE the job issue will be slow down...since our new gov still in the midst of restructuring, i reckon that Q2 2018 still ok, but moving onward that this sector will be slow down a lot. my personal 2 cents.

at current sentiment, all stock also gone down.....

back to post election price, i though company to still doing well, why sell down....

aiks....this idiot Trump is the culprit of the depress stock market....just hope the trade war could be avoided by this Friday.

more uncertainty ahead....

if the sell off that de centrum development and concentrate on road maintenance and engineering, then still got hope.

no doubt on the road maintenance performance, although there is some risk from the new gov, but the main problem still is the property development sector which dragging the profit into red.

whoever want to invest this counter, better pay a visit to their De Cetrum development at bangi....a lot of money has spent on that area and more require to sustain it...visit their mall and check their show house, and take up rate, then only decide whether invest or not...

@calvintaneng, how much cash left in Protasco?

they have defer payment to bank until 2019 which only 6 months left, if still can't lease or can't sell the 101.....what would be next if no new fund come in...P17. the CEO need to make deliberate decision to bring in new stakeholder and fun, should give up a substantial of stakes with reasonable price amid the high pile debt own by the company.....

their biggest problem is the '101 spaceship', can't lease, can't sell floating on the sea catch fish.....just sell it lah

just share the fact about this company, i am not sure whether the price would up or down.

nuder the new government austerity budget, road maintenance job will be reduce, and no sign of recover in property industry, the Bangi development will continue making loss.....this is the risk.

this CKP likes dividend, he go until the extend to loan money to pay dividend....

another challenge is the Putrajaya PRIMA development phase 2 and 3 phase which is under construction....all are under Najib, Najib even appear to hand over key when phase 1 VP, CKP damn proud, these projects are causing company bloody due to collection and delay issue...given that Najib no longer in power, not sure what would be next...more loss i reckon

nuder the new government austerity budget, road maintenance job will be reduce, and no sign of recover in property industry, the Bangi development will continue making loss.....this is the risk.

this CKP likes dividend, he go until the extend to load money to pay dividend....

another challenge is the Putrajaya PRIMA development phase 2 and 3 phase which is under construction....all are under Najib, Najib even appear to hand over key when phase 1 VP, CKP damn proud, these projects are causing company bloody due to collection and delay issue...given that Najib no longer in power, not sure what would be next...more loss i reckon

heavy loss, huge pile debt and sub-contractor not getting pay on time......not far from P17 unless someone from sarawak come to rescue.

the rally only last for 2 days only, from 42 cent to 55cent and now back to 42 cent, contra player who fail to unload early is in trouble....

the next announcement would be 20% new share issues for private placement completed....haha

the make loss in last quarter and expecting loss in current quarter, i believe no dividend moving forward...

road maintenance is doing very well, but expect new gov will skew the margin, the infrastructure and property are making loss few quarter already, launching of their property is delay since 2017 until today...but ckp son still happily collect handsome salary, their 2 years mall also making loss....

high risk company....maybe rebound but still weak, cash call soon...

no point to hold the share anymore....it is peanut for him...fist of all, no ECRL contract awarded to T7, and with only 5% share, the influence is close to not exist......

T7 is basically a Tan Kean soon family, they hold around 40% of the share, Tan Kean Soon son holding high position in the company although only 27 years old. it is Tan family business

given that do you think Tan kean soon would allow VT to involve in the management, hell not, beside that the company is in net cash position with 100 million cash on hand......and profit in the last few quarter and current order book enough them busy for few years.....haha

for this case, VT is just a merely investor......lol

@tehka, so far no LOA been awarded to T7 pertaining to the ECRL project...VT statement is valid.

caution, tomorrow is T3 and Friday is T4, whoever bought at high price need to wait for a bit longer, company is in cash position and expect good result in 2018...in 2019 the new venture into aero space would bear fruits...

the only problem now is geopolitical uncertain, if Trump slap 25% on Euro car, or more tariff on China which due in next week, another round of sell off......better don't hold to much of stock.

T7 is very unlucky, 1st ex deputy son.....now VT, kick out one by one...haha

who attend the AGM today? is VT there......

share dropped like no tomorrow prior the result which due to release anytime from now.....must be very lousy result...

i guess T7 will be announce that no material from the MOU soon.......

VT emerged as a substantial shareholder definitely will bring some hype for this stock, as for ECRL.....T7 only sign a MOU with Terengganu GLC to undertake certain portion of work from China company, since we have new Gov, i reckon that the MOU no longer valid......anyway no LOA awarded to T7......