hepi: D'sonic I hantam @ 3.42c. The price is trending up due to the Q4 report out today. I am planning to sell today, or else will end up like SALCON - good financials + dividends + special dividends, still down. Don't understand this mart, but i pushed off at 0.72c. Dsonic is high now, u can try little , but u then got to wait till 3.60 to sell, when other ppl selling. Leave it to ur risk appetite. Be cautious with ur market play today. good luck

Richmond168: Gua punya prediction macam taiko shark ma! Hope for the best bro. MKH, sifu prediction, believe bro!

FOCUS: BLUE CHIPS TO PUSH MART!!

D'SONIC flyin to be followed by MKH. Thks sifu mike. U r back bro!!

mike: I tambah another 10k MKH @3.84. Total 20k @3.84

INARI is looking good

mike: yap 10k of MKH bro

Hepi; Bght 20k D'sonic today. Results out today. Should be good. KNM should bounce back this afternoon. Support was around 0.65c

mike: thks for ur KAREX tip, sold off average Rm 4.42c. Cost high at Rm 4.33. Ok profit, for this current market condition. I am lookin to go in MKH now.

butter_will_fly: thks for ur TA coverage on TH h.

mike: Good morning and good to hear from u from all of us.

butter_will_fly: whts ur take on THh for today

calvintaneng: JAKS is overpriced at PE 30+x. Read my earlier thread. Lets not chase it. The stock and co financial performance is good. Lets wait out for its confirmed projects first and see.

hepitrade: Concentrate on few good counters, and u will come out of ur loss position. Good luck today, kNM will sure bounce back, not to worry.

changlk03: High time to set our 'Regain Whatsapp'. Think about it and let me know how? TH Heavy, hope to see uptrend from this trending price.

Good morning bros and sis. KNM will bounce back and also TH Heavy. Have faith bros and sis. STAY FOCUS

TH HEAVY - 'IT AIN'T HEAVY AT ALL'

TH Heavy is an associate company of Lembaga Tabung Haji (LTH) which has a 32% stake. Tan Sri Quek Leng Chan via Guoline Capital Limited and his son Mr Quek Kon Sean, are the second largest shareholder in the group,with a 9.09% stake. With Tan Sri's 'brand equity' (unrivalled success with the Hong Leong Group)in this company, it is going forward by leaps and bounds.

Based on current outstanding orderbook and projects that have been delivered in 1HFY13 and the RM196m Permas job which commenced in 3QY13, the group should be able to report revenue of roughly RM250m in FY13, ahead of FY12 revenue of RM190m - (+31.6% y-o-y)

As such, profits for FY'13 will be estimated at around RM25.0m (+3.4% y-o-y). Consequently, expected net profit is estimated at around RM5.5m (-13.3% q-o-q) in 4QFY13, driven largely by the Permas and Heera jobs.

In terms of EPS, with the new shares placed out to Guoline Capital as well as dilution from outstanding warrants conversion, eps is expected to be slightly lower y-o-y.

Going Forward, CY'14 onwards - The bump in revenue & EPS will come from FY14 onwards from increased fabrication operations, higher utilisation of the DB30 and also contributions from FPSO (Nippon Oil Contract) from and a whole array of successful tenders. STAY INVESTED

mike: Success rate of 80% and above is good enough for us. Anyway we r trading at our own risks, keep up ur great job of sharing. I sold off my 140k Salcon @72c and made around Rm 600+, ok. Ur karex tip was good and my T+4 is tomorrow. Cost is Rm 4.33 (12.3k). Keep it up bro. Our support is with u.

http://my.news.yahoo.com/ex-beauty-queen-fights-stop-malaysian-divorce-laura-224040103.html

sephiroth post: Water-related stocks were again in the limelight, after news emerged that the Selangor state government and federal policy makers have signed a MOU to restructure the Klang Valley water sector. In particular, SALCON surged 4.5 sen to close at 74 sen on high volume. Chart-wise, the stock has broken out of a “Falling Wedge” pattern to signal a resumption of its prior uptrend. The MACD is also beginning to show signs of bullish convergence and this reflects the increase in buying momentum. Based on the chart pattern, SALCON could potentially commence a rally towards 99 sen. Traders looking to buy into the stock should target 3 bids below this level at 97.5 sen, with a stop-loss placed 3 bids below the 63 sen multi-month support at 61.5 sen.

Source: Kenanga

butter_will_fly: Thks again. Market trading cycle almost comin to end-cycle. Be very careful, especially with the pennies.

butter_will_fly: U r great. Next time FA all the finnce experts can help u out and TA u tolong lah. Will be great in disseminating the perfect picture on stock movement.

zu1967: I also didn't buy bro, saw the perfect TA analysis by butter_will_fly.

butter_will_fly post: 25/2 formed a doji. 26/2 price closed @ 0.74, which is above SMA20 with 35.8M volume. Might be a reversal sign. Support @ 0.64 and resistance @ 0.78.

knm now low 71.5c, can buy? butter_will_fly morning TA on KNM was perfect

butter_will_fly; thks for sharing

hepi: just post the link address will do. We r all on line to retrieve it. too long!

hepi: KNM today bro! If so I will buy, check and post the resistance for today. Hepi tradin

JAKS pricy ma!! - trading at 34x PE CY'13 eps. Price runnin ahead of fundamentals. Financials Oct 2013 was great. But why should I pay this price for it??

Good morning bros and sis. Happy tradin today. God Bless

changlk03: The quarterly/ytd earnings (net income) of SALCON should be read inclusive of both the continuing and discontinued operations. It was separated out for tax purposes (*no tax on discontinued operations). This probably is the divested Chinese water and wastewater operations. Financials then look good with an eps of 3.34c and NTA of 84c. Top it off with a dividend of 3.0c plus special dividend on the way.

The NTA will increase by another 15.8 sen/share to 99.8c from the disposal gain of RM94.61m from the china wastewater disposal exercise (total cash of RM284m net of liabilities). The future prospects of this company is excellent as they hv great plans from with windfall of RM284m. Agree with mike, sure gap up tomorrow.

zu1967: Bro berapa juta SALCOM u beli ah. Mike's shopping cart sudah full up with last order 880k SALCON. Better than working in the pressure cooker atmosphere of an Investment Bank, doing mergers & acquisitions for other people hehe.

mikekong55 post: psd57. should be 0.78-0.805 friday with completion of china deal just pick up for apecial dividend of 0.08/0.10 next month.good luck got to go

ohkns mikekong55 post: psd57. now holding TAKAFUL(4k@10.02)DAYA(24k@0.415) PRK CORP(100k@3.66)TAFI(140k@0.3157). just bought 25/2/14&26/2/14 SALCON(880k@0.6976). in future look at my last stock to buy. good luck and happy trading.

Salcon may scale higher after holding above the 200-day MAV line. Traders may opt to purchase the stock if it stays above MYR0.70 today, with a close below MYR0.68 as a stop-loss. The price target is MYR0.80 if the MYR0.75 resistance is broken.

SALCON>>>>>>>>>>>>>>>>>

mike: u great bro!!. will hild till then, no problem. thks a million!

hepi: u mean after all the advise, u sold ur earlier batch. Ur costs was only 1.47c then if not mistaken. Small free float bro (34%), shareholders control price ma. wht price u buy?

butter_will_fly No luster. Hldg 140k SALCON @0.705. Watchin the show. First resistance for today @0.74.

hepi: Don't panic sell Barakah. Remember there is only 34% free float in the market. Majority shareholding held by Nik Hamdan & Co. Sure push up

Hepi: Going thru barakah financials, expected results - first quarter after
their RTO and listing on 6 Nov-13. Barakah's full earnings from their contract wins will gain traction only in Q2'14 (Mar '14), Q3'14 (June '14) and mostly towards CY'14 (Sept'14). The PETRONAS T&I contract was only awarded in Dec 2013. This is the O&G industry; mobilization of highly capital intensive resources inc expertise, execution and timely delivery of these jobs secured is a mammoth task.

Risks Involved - Execution risks, cost over-runs, delays in job flows, unscheduled breakdown on KL101 etc.

I am an INVESTOR, and has decided to see thru mid to long term with this stock. I am also holding DAYA and TAKAFUL - mid term investment. Probably add TH Heavy this week to my portfolio of investments. Stay safe, Stay Invested in this current market

Good nite all bros and sis

butter_will_fly: just got back from dinner, Thks for TH heavy Ta analysis. Lets see the price movements tomorrow>

butter_will_fly : The momentum closing, hopefully would be sustained tomorrow. catalysts: all the news announced thus far. r more on the way? I will study this co. tomorrow, also the financials to come. Tan Sri's indirect presence (brand equity) thru his son is already a plus factor here.

butter_will_fly: Bank has to be paid first before the Sharholders' Advances are paid. In this case TH Heavy. This is 'debt- subordination' and is in Floatech's Letter of Offer for their bank facilities of USD 33,643m obtained. That is why they proptionately deduct USD 33,643m *20% = USD 6,728m; from the deal of USD13.126, before TH gets the balance in hand of USD 6,398m. 20% is the divested equity stake.
NOTE: Correction- My above thread, all figures should be in USD and NOT RM

Now i need ur expertise on TA for TH tomorrow.

PROPOSED DISPOSAL OF 2,000,000 ORDINARY SHARES OF USD1.00 EACH IN THE CAPITAL OF FLOATECH (L) LTD ("FLOATECH"), REPRESENTING 20% EQUITY INTEREST, BY TH HEAVY FOR A TOTAL CASH CONSIDERATION OF USD13.126 MILLION

The Sale Consideration of USD13.126 million comprised as follows: USD’000

1. Sale of 20% equity in Floatech - USD *6,398 (*actual/net cash proceeds to TH Heavy from the USD 13.126m deal)
2. Sale of Debt-Subordinated Shareholders advances - 6,728 (retiring Floatech's debt to the Bank of USD 33,643m *20% = 6,728)

NOTE: Floatech has existing banking facilities with its financier(s) of USD 33,643m and it is a loan facility condition that it should be proptioionally (20%) settled first before TH Heavy(shareholder) is paid - 'Debt-Subordinated Shareholders advances'

3. Total Sales Consideration = RM 6,398 + RM 6,728 = RM 13,126m

4. Gain on disposal = RM 6,398m - RM 2,000m = Rm 4,398m. Booked and this will increase the EPS of the company

5. Benefits of the deal –
(i) Much needed WC requirements - projects being acquired/tendered for
(ii) Divesting its stake in Floatech - for niche technical/management expertise. This is a much sought-after and so vital for a myriad of projects the company has successfully tendered .
Awaiting announcement. Some listed O&G cos fumble because of a lack of this. Proactive measures taken by THh to mitigate - management/operational risks

hepi; Most of the foreselling for the big volumes is done, today was T+4. Tommorow should see a clearer picture

tomjohor: Th h tomorrow can take intraday position @ 15% bro. This time whack 50k ma

Sold off TH heavy 37k 1.01/1.02. loss Rm 44.00. take fresh position again. It will definitely be up this week.

hepi: thks for the Th TA analysis

TH HEAVY; GREEN GREEN GRASS OF HOME. haha (hopefully afternoon session,stay tuned, homeward bound)

butter_will_fly; the numbers figure gives a better oomph hehe!

butter_will_fly: The volume figures displayed r in lots and not no. of shares (1 lot = 100shares)