why its price down so much to 3.70?? anyone can share?

thumb up!! straight forward no nonsense

still considering whether to go in on Monday??

RM0.46!! so low? price should stable dy right? Still more fund to sell down this share after delist from MSCI?? Or all sold already..

I got burnt on this stock today. didnt anticipate it will fall so much.. ouch.. hurt.. haha..

haha.. true.. its value already factored in. but maybe still rooms for price to up further for this counter?

any sifu here has got insider news? :)

normally if result is good, institutions will buy first before the release of result and push the price higher. but no movement on this counter... curious..

no movement.... very quite today.. result out today right? +ve??

this counter is so quite... TP RM0.30???... wait until bursa approve the regulation plan :)

it is making big losses.. u think tmrw price still can sustain?

price will fly with today's announcements?? EGM 21/12/2012

But overall market very weak...

hope KLCI wont collapse tomorrow... it is a "cliff" haha..

well, if trapped.. hold and become an "investor".. these co has good foundation, just a matter of time their price will rise.. :)

let's see any show tomorrow! Cheers!!

am observing the price movement. i still keep its 200k wa @ 0.25.. maybe i am not going to convert and buy the mother at lower price... hope the mother can help me to gain back the 5K losses buying its wa..

what a big mistake for still keeping the wa.. thought mother will up higher before wa expiry.. wrong bet.. :(

yes, i do hope Alam can reach TP RM1.14.. any opinions?

do you think it will be a great Q3 Report? if yes, share price should rally tomorrow before release the next day.. all the best!! ^^

hope thh to announce some positive news in near future to sustain its price at this level, else it may dip further.. for long term, it should be a good counter with ownership by tabung haji

kc, you pick-up scomi and wait for it to raise next year? mind to share your target price?

i am keeping Scomi, Alam and THHeavy (trapped).. haha..

Hope Alam's price will up up up reaching target price :-)

What kcchongnz said is very true. Over confident 'kills' in trading stock.

One must have a calm & open mind to be a successful trader. Over objective is to make monies out of stock trading. Profits! Regardless of the value of share

this forum is very good and some of the sifu here really give good advice. Also the talking points here are more constructive. I benefits a lot from their comments.

I would be gratefull if someone can caution me when I am over confident on some share.

Oil & Gas theme is booming... But there r so many counters.. U might wanna take a look then locking yourself into a counter.. Unless u r already an investor or employee of the co..

Happy trading & make PROFIT$$!!

just hope thh will secure some projects in near future - Fabrication job, HUC, FPSO, RSC.. or maybe EPF buy in... apa saja la.. and make official announcement.. then it has hope... else, hard to sustain lor..

hope thh management will deliver a good show soon.. soonest.. :)

here is the link to amresearch report:

http://www.amesecurities.com.my/gc/download/Oil%20&%20Gas%20Sector%20121105.pdf

just study the AM Securities O n G sector report and count how many times Alam appear in list of potential upstream projects - many (6 out of 9 projects). So, the company can only secure more deals in months to come :)

TP RM1.14 FV RM0.85 :)

KC, here is the link

http://www.nanyang.com/node/493606?tid=709

CIMB Report: Buy call TP RM1.14

• Maintain Buy. Alam recently lost out on a RM1bn subsea contract despite being a frontrunner initially. The contract was awarded later than expected to another oil & gas service provider. However, the good news is that Alam's earnings recovery
remains intact, thanks to seven notable contract wins so far this year. As we had earlier included the subsea contract into our forecasts and expected the contract to commence in 3Q12, we now cut our EPS forecasts by 32.9% for FY12, 17.0% for FY13 and 16.7% for FY14. Subsequently, our target price drops from RM1.26 to RM1.14, pegged to an unchanged 10.6x P/E (20% discount to our CY14 target market P/E). Despite the contract loss and EPS downgrades, Alam remains a Buy as it continues to ride on utilisation and charter rate recovery in the marine support
segment.

• Contract loss. Alam was dealt a blow recently when it lost a subsea inspection,repair and maintenance services contract worth RM1bn to a leading an oil & gas company, which won the entire contract (see the section on “Recent developments”). While we are disappointed that Alam was completely shut out, we take comfort in the company's earnings recovery, which remains on track in line with the pick-up in marine support activities. Buoyed by a string of offshore support vessel (OSV) contracts secured so far this year (Figure 7), the utilisation rate of
Alam’s fleet is expected to average 85% this year, up from around 70% last year.

• Long-term charters. Currently, Alam has an OSV order book of RM800m, which will last three years, and a long-term charter contract for two vessels that spans 14 years. Armed with 38 OSVs, the company has been invited to submit bids for Middle
Eastern and African jobs through its JV with Saudi Arabia’s Globe Marine

SCOMIMR - OTHERS SCOMI MARINE BHD (“SMB”) (I) PROPOSED ACQUISITIONS BY SMB OF THE FOLLOWING: (A) THE ENTIRE ISSUED AND PAID-UP ORDINARY AND PREFERENCE SHARES OF SCOMI OILFIELD LIMITED (“SOL”) FROM SCOMI GROUP BHD (“SGB”), STANDARD CHARTERED PRIVATE EQUITY LIMITED AND FUJI INVESTMENTS I FOR A TOTAL PURCHASE CONSIDERATION OF RM1,020.02 MILLION (SUBJECT TO THE ADJUSTMENT AS SPECIFIED IN THE SHARE SALE AGREEMENT) (“PROPOSED SOL ACQUISITION”); (B) THE ENTIRE ISSUED AND PAID-UP ORDINARY SHARE CAPITAL OF SCOMI SOSMA SDN BHD FROM SGB FOR A PURCHASE CONSIDERATION OF RM6.71 MILLION; AND (C) 48% OF THE ISSUED AND PAID-UP ORDINARY SHARES OF SCOMI KMC SDN BHD FROM SGB FOR A PURCHASE CONSIDERATION OF RM769,911; (II) PROPOSED EXEMPTION TO SGB AND SCOMI ENERGY SDN BHD, A WHOLLY-OWNED SUBSDIARY OF SGB, FROM THE OBLIGATION TO UNDERTAKE A MANDATORY TAKE-OVER OFFER FOR THE REMAINING ORDINARY SHARES OF RM0.45 EACH IN SMB NOT ALREADY OWNED BY THEM UPON COMPLETION OF THE PROPOSED SOL ACQUISITION; AND (III) PROPOSED INCREASE IN THE AUTHORISED SHARE CAPITAL OF SMB (COLLECTIVELY REFERRED TO AS “PROPOSALS”)

How will the above exercise impact scomi share price? is it a good news or negative news to scomi? any expert here can offer some advice?

why share price will up with new shareholders?

are they very influential persons? or very well linked?? or are they driving new potential to the co like new deals or contracts??

are you referring to the latest price target report released by CIMB?

CIMB still maintain a BUY call with TP RM1.14 after taking out the potential earnings from the deal. FV RM0.85

Expect more OSV contracts in months to come for ALAM. As the OSV market demand is growing. Think OSV players like ALAM, Perdana, Armada to do well :)

Look forward to ALAM's Qtr Report

if thheavy secure the rsc job.. wonder what will be the impact to the co earning and share price?

i am still holding mine share @ 0.575 :(

Long long way to go.... Maybe a FPSO win could do the trick? haha..

Maybe can keep as long term and wait until price >0.60 haha.. wonder when..

Anyway, should be safe as it is owned by tabung haji.. cross my fingers and toes..

it really flies today :)

what's the target price (1.30 as per IB report?) and what price to cut lost?

Many thanks for advice sifu!!

any good news? if no news... wont up much...

rogerlim has given a good point.. investors are skeptical if the co can secure big contracts without a strategic OIC partner

wait for actual announcement... or IB report on thh..

takde news.. cant sustain..

thheavy is "back by" or to be more precise "owned by" Tabung Haji. this shall off-set the political risk, i think.

but why investors are concern about this counter?

it is out of PN17. new business direction sounds promising. and it is very likely to secure new contracts soon (almost confirm can get jobs)

Also, thh do not have huge borrowing..

shouldn't it be valued at higher price?

pls enlighten, newbie here

curious why the price is so low... no one goreng this counter?

projects and news cukup banyak... but tak jalan.. ???

any news? if no news, hard to sustain...

good news, indeed.

well done Nor Badli and TH. Well done!!

But TH Heavy is really Heavy... still not moving...

hope it will move soon..

Cheers!!

Thanks, weiboy90

Luckily didn't jump in to buy at 0.595..

Guess the price may drop further due to investors sentiment..

Removal from MSCI will not affect it's earning, right?

Why the price jatuh so much?

Some said it may cause some fund cannot buy the share, but it is still a established (cant use the word solid) co with many sustainable income sources right?

Sorry, newbie to Bursa here..

i am still holding mine @ RM0.575 :(

Hope it will up some more for me to cut lost. At least reduce the pain.

Else, I will hold it and become "an investor" - due to kena trap..

THHeavy is a GLC Oil & Gas counter. It shouldn't perform so badly and should get some projects from Petronas to keep it alive; i think.

So, just have to prey hard that THH MD & CEO & TH will do a good job to steer the co into greater high in future...

En. Nor Badli please help to land more deals and steer thheavy to greater high.. make thh a great company like Perisai or Alam!

Cheers to all traders and investors!! Happy Trading and Make more Profits and have lots of FUN and FUND!!

suddenly shoot up...

Got news? If not news, then it is not so good, as it is not sustainable..

Hope got announcements soon...

Keep fingers crossed... my price is 0.575 :(

This counter has got so many good news lately. And IB research and report also recommend BUY call with high target price above RM1.00.

It is also best season for Oil and Gas company with many project awards impending.

Hope it will up soon! Happy Trading!!

A big U-turn after the PN17 uplift is really a dead trap..

Anyway, past is past.. let's discuss the future

Do you think the counter thheavy will up on new project, if any?

How far do you think it can go? Some bro said TP RM1.30?? It is a very big target for such counter.. especially after killing so many supporters

Wonder if the management read these forums?? How come they didn't do anything about it? Especially the CEO of the company... Why nothing is done to salvage the situation and let the share fall sharply and continuously for 10 days?

Is it being pushed down on purpose so that someone can accumulate at low before good news? So they can make big $$$ when share is up?

OR that this counter is really hopeless and we shall all dump it for good? But, it is an Oil and Gas counter and GLC?

Let's switch the mood a bit to more relax than blaming.. Constructive discussion :)

Lucky to you kytan..

I wanted to cut lost at 0.555. Friends ask me to hold saying thheavy will rise upon securing fpso contract or new fabrication projects..

They still holding at 0.59.

You are right: Alam, Perisai, SKPetro is much better and with strong foundation.

Wounded by this thheavy... really heavy... really hurt...

At least a rebound may help to cushion a bit, but this is really a hard landing with no cushion of any sort... many days in red and only red...

Many bros said it will get new contract and price will fly..

But till now, satu news pun takda.. sad..

Lesson: Never buy on news. Shld learn to buy on rumors and sell on news

Abang Haji oh Abang Haji.. Bila mau kasi naik ini THHeavy???

Still keep my share at 0.575 :(

Dunno if it will up to that price again...

Loosing my cool dy...