Up from 0.31 till 0.355 and close 0.34. Still not so bad just that its just 1 day strong buying.
Should follow instacom.. direct 5 days buying push up price kaw kaw.

Profit taking and contra kaki exit. Not exciting play today.

Selling pressure most likely due to coming qtr result.

Price havent move much yet..

This year managed to won many projects,

http://www.thestar.com.my/Business/Business-News/2015/04/15/Bintai-Kinden-secures-RM48m-contract-in-Singapore/?style=biz

http://www.thestar.com.my/Business/Business-News/2015/09/04/Bintai-unit-wins-RM42mil-Singapore-job/?style=biz

http://www.mybursa.news/2015/11/20/bintai-kinden-lands-us15-15m-mep-job-in-phnom-penh-cambodia/


http://www.kualalumpurnews.net/index.php/sid/231917291

Mechanical and electrical (M&E) engineering service provider Bintai Kinden Corp Bhd is bidding for RM1.2 billion worth of projects in Malaysia and is working with various parties to participate in the MRT project.

"We're interested in the M&E, heavy duty power (generation) part," managing director Ong Choon Lui told reporters after its EGM here yesterday.
He said the company is also bidding for infrastructure, facilities, oil and gas, factories and hospital projects. Bintai Kinden has an order book of RM500 million in Malaysia and S$480 million (RM1.3 billion) in Singapore

Fin qtr result by end of this week or next mon.
Financial qtr result expected to be good
http://www.themalaysianreserve.com/new/story/bintai-kinden-fare-better-fy16

With the big players support and push strong, will go towards 0.40

If mrt line 3 project secured sure fly high.

Bintai with Samsung won SG projects before.. Good experience track record higher chance to get more projects.

https://sg.finance.yahoo.com/news/samsung-bintai-kinden-jv-gets-100004044.html
http://tunneltalk.com/Singapore-Malaysia-24July2013-Infrastructure-projects-require-multiple-TBMs.php

http://www.stockhut.com.my/news/82968

Bintai Kinden gains 13% on Cambodian contract
Published at 2015-11-23 11:54:09 by The Edge

KUALA LUMPUR (Nov 23): Bintai Kinden Corp Bhd rose as much as four sen, following announcement of a US$15.15 million (RM64.89 million) mechanical, electrical and plumbing contract involving the Rosewood Hotel in Phnom Penh. Bintai Kinden's shares rose to their highest so far today at 34 sen. At 11:22am, the stock pared gains at 33.5 sen, with some seven million shares exchanged.

Year-to-date, Bintai Kinden shares had appreciated about 53%, outperforming the FBM KLCI's estimated 5% contraction, according to Bloomberg data.

Last Friday (Nov 23), Bintai Kinden said it received the project's letter of acceptance from Vattanac Properties Ltd. Bintai Kinden said it was undertaking the project via 69.82%-owned subsidiary Bintai Kindenko Pte Ltd.

Bintai Kinden expects to complete the project by Aug 31, 2016.

Today, RHB Research Institute Sdn Bhd's technical analyst Lim Sae Wai said in a note that the research firm had a target price (TP) of 37 sen for Bintai Kinden shares.

Lim indicated the TP came with a cut-loss and buy-back price at 28 sen. (Note: The Edge Research's fundamental score reflects a company's profitability and balance sheet strength, calculated based on historical numbers. The valuation score determines if a stock is attractively valued or not, also based on historical numbers. A score of 3 suggests strong fundamentals and attractive valuations.)

Buying strength at 75% Good vol & transaction value abt RM5million.
Breakout 0.35 just now and closing abt 0.35. Black horse start running signal.
Tomorrow will run faster if the big players continue with strong buying strength.

Heard rumours tomorrow will have more news release on Vivocom.. but current TP 0.40-0.60 quite high as Financial qtr might not be good. Have to watchout for the big vol movement.

Currently Bintai is moving from 0.315 to 0.355. Buying pressure getting stronger with expecting +ve financial qtr and potential MRT line 3 project winner annoucement soon.
Stable and steady rise.

Party just start.. will push upwards as the buying pressure is strong currently at 80% .

Moving up...buying getting stronger.

Private placement this year at 32 sen by Kenyalang Property.
http://www.stockhut.com.my/news/31706

If heavy-duty power generator contract under the mass rapid transit (MRT) Line 3 project secured... Bintai will fly sky high. Result by end of this year.
http://www.stockhut.com.my/news/28501

managing director Ong Choon Lui said the group is tying up with other firms to bid for the heavy-duty power generator contract under the mass rapid transit (MRT) Line 3 project.

“We do not want to speculate. The result is expected to be announced by the end of this year,” Ong told newsmen after the company’s extraordinary general meeting (EGM) yesterday.

Apart from the MRT Line 3, Ong said Bintai Kinden is bidding for M&E jobs in the oil and gas sector, besides looking for projects involving factories and the hospitality sector.

Bintai Kinden is active in both Malaysia and Singapore. Its order book here currently stands at RM500 million, while its Singapore order book is valued at S$480 million (RM1.29 billion), which the group believes will keep it busy for the next two to three years.

Ong said some 70% to 80% of group revenue is currently derived from its engineering segment. He expects the segment’s total contribution to grow to 90% in the next two years, underpinned by the group’s strong order and tender books, along with the consolidation of its engineering businesses.

Ong said the group aims to become the biggest engineering firm in the country, and ultimately the world. To achieve this, he said the group is focusing on expanding its business beyond Singapore to Indonesia, Myanmar, Vietnam and Thailand. The group will start off with sectors like transport — such as the MRT project — and oil and gas, he said, besides looking at constructing industrial parks before branching out to other sectors.

The group is also studying the European market, but no viable projects have been identified yet.

By expanding its engineering segment, Ong believes the group can withstand uncertainties that may affect earnings.

Digesting contra players. Eat to full dy.
Bintai just start moving today. Check it out.

Buying pressure good today. Reach 0.335.
Seems moving back towards 0.37 /0.39/0.45.
Financial qtr result coming soon.

Selling pressure.

Main key number here is 8 sen..

Par reduce 0.20 to 0.05, RI 1:1 at 8 sen.


http://www.thestar.com.my/Business/Business-News/2015/08/06/Ho-Wah-proposes-share-reduction-rights-issue/?style=biz

“The minimum subscription level was determined based on, among others, the funding requirements of HWGB. The board is expected to raise proceeds of approximately RM16mil based on an indicative issue price of eight sen per rights share,” it said in a stock exchange announcement.


================

whats the estimated price before ex- par reduction and before Ex-RI? Thats the main concern for investors.

If Qtrly result not good, most likely will consolidate back.
Trading Vol getting lesser. Still 4 more months to go... quite long also.

RI issue have bigshareholder want to subscribe but main problem is whether have ppl want to push up the price before share Par reduction and how more shares X4?

As per news.. by Q1 2016. 4 more months to go...
http://www.thestar.com.my/Business/Business-News/2015/08/06/Ho-Wah-proposes-share-reduction-rights-issue/?style=biz

RI 1:1 confirm have ppl subscribe
To meet the minimum subscription level, HWGB has obtained an irrevocable written undertaking from its major shareholder, Kintron Holding Sdn Bhd, which currently holds 8.46%, to subscribe for 200 million rights shares. This will result in Kintron holding 32.38%.

C the contra kaki have how long holding power.. if weak.. will retrace back to support lvl 0.10+/-.
Qtrly result oso coming out soon.

Yesterday t+4 still strong buyer and spike up higher. The support and buying pressure still strong.

The seller oso should be smart see past 4 days strong buying, no need sell so fast. I expect the seller queue to get lesser but still theres still some seller queue.

Hm.. high vol .. high profit also even if its 0.005.

The strong buying continues. The seller should notice about these strong buying since last and shouldn't be eager to queue sell at low price instead should hold or queue sell at much higher price but still theres quite many selling queues. TP research already out , those seller should sell higher but seems like alot contra or short term holding power player playing and its replace with new stronger players everday to push higher.

Even with high selling queue, price still moves up slow and steady everyday with high vol trading.
More buyers to join in but selling should be lesser since its obvious theres strong buying.. no point rush to sell fast unless is contra day trader or want to have lesser risk.

If lesser seller queue, price will move up faster towards TP range soon.

Jack Yc: Welcome.

Jack Yc: https://brokingrfs.cimb.com/1dpIVJC1BuuWdJfjxfZT831IM_kFTLjQHnfjMpISV50N34HyzVG27yuiTp1s__e18-UOeWH3X1Qduw2.pdf

Closing push always very strong for the pass 4 days. Today even with UMA price still tank at 0.31 very strong and closing 210+ continuously buying transaction.. its like buying frenzy.

High TP by CIMB, financial qtr result coming, chg name to VIVOCOM, strong big fund support price to increase market share price..
seems moving towards it previous high 0.40++ and if really in tune with cimb TP will try test its price higher .

Earlier was tortoise, den become chicken, now become black horse.. might become eagle soon.
Hope wont get shot down. Very strong uptrend signal.

200+ continuous buy at 0315.. really buy n buy non-stop.

Really strong.. Damn..wats wrong with this stock.. lol..
All fund managers & players buying as though it will move to mainboard soon.

0.31 buyer queue very persistance blockin price from goin down.
It seems theres big players want the price to maintain strong and high..

Bonus issue just few weeks ago yet still alot strength this stock.

Past few days seems contra kaki get absorbed well. buy and sell push up and up?
Today extra high vol.. touching RM100million soon.

Uma but still have buyer buy 0.31.. very fierce buyer...

This morning up till 0.305 den drop 0.285 and now shoot up 0.31.. really strong fund ppl playing inside. Very enticing for contra and traders.

sangsengkia: Yes, waiting game. Par value 0.20 but share price not even 0.20, now only 0.12, if par value reduce to 5 sen, then the share also will drop 3 sen with more shares and want RI 1:1 and even more shares issues.

Wow..Cimb research TP more abt 200% high. Most likely the fund managers/insider with CIMB bought in advance coz they know going to release good research paper today.

Cimb alwys give very high TP for their coverage stock.

Par value reduction 0.20 to 0.05. Share value divide 4..
If 0.12 ex become 0.03 with more shares unit X 4.

If 20 sen, will reduce to 5 sen and shares unit X4

After par reduction have RI 1:1
and free FOUR (4) WARRANTS FOR EVERY FIVE (5) RIGHTS SHARES SUBSCRIBED

If price ex-on RI is divide by 2 somemore.. eg.. 5 sen will become 0.025 and get free detachable warrants 4 for every 5 HWGB subscribed

HWGB-WC now 0.035 price drop from 0.07 and very low vol transaction.

Proposal approved but no info when is the date of ex,.. they can keep delay 2-3 mths maybe 6 mths also if the price not favourable.

This is tricky play.. price calculation and price movement quite complicated.

IF HWGB after RI price is just like WC now.. den WC price will be even cheaper..

Current price HWGB quite low if reduce par value it will be even much lower like warrant price dy..
Price not up much also...

Hibiscus empty shell company, no billion worth contract also its price trade active with transaction daily more than millions. The operator very active.. even after margin call and bad news of no oil found.

THHEAVY have major fpso contract but still lack of players interest. Contra kakis flush away..
Price seems stagnant or sideways with low vol... not much excitment yet.

Interesting counter. Strong buyer and also strong resistance still can move up slow and steady. Daily transaction > rm10million. Saw it at 0.20 on monday... now ady 0.24.

Still heavy even after RI but seems stable with some support close to 0.20+/-
Oil sector still weak.. need valuecap fund + strong big investor fund aid.

FPSO revenue dont rely on oil price but more on the investor/trader confidence to invest in thheavy stock coz it drop alot without strong support previously from RM1 last year.

Thheavy have billion worth FPSO contracts that that last 7.5 yrs + additional up to 10 yrs
The award has an estimated contractual value of $372 million (MYR 1.2 billion) for the primary period and an additional potential of up to $457 million (MYR1.47 billion) if JX Nippon extends all options under the contract.

More FPSO projects coming from Petronas .

http://www.offshoreenergytoday.com/malaysia-working-to-build-worlds-largest-fpso-company/

"It is understood that THHE has secured a contract worth about RM40 million this year, and expects to land another deal within the next six months."

http://www.4-traders.com/TH-HEAVY-ENGINEERING-BHD-6498316/news/TH-Heavy-Engineering-Bhd--gets-Nippon-Oil-EPCIC-deal-18459855/

News already out. Just wish those who bought this counter dont lose 2 much and can recover back. The price swing will be fast once open back for trading.

Remind me back to THHEAVY-WA time..
http://cpteh.blogspot.my/2014/11/thheavy-wa-is-it-cheap.html

h5 expiry soon, also will die la..

News out.

Bumi Armada price moving up, MISC also very strong stable high price.
http://www.thestar.com.my/Business/Business-News/2015/11/09/CIMB-says-merger-deal-to-benefit-MISC-and-Bumi-Armada/?style=biz

FPSO players already start to boost up their share price via FPSO merger.

THHEAVY main biz also FPSO but current buyer mostly queue to buy at low price 0.195 instead of pushing up the price. Currently the cheapest FPSO o&g stock.

Bumi Armada and MISC tied up/merger for FPSO to increase potentially receiving more Petronas jobs, while MISC benefiting on an associate level from BAB’s onstream earnings enhancement from its various long-term FPSO contracts.

http://www.theedgemarkets.com/my/article/bumi-armada-15-misc-fpso-merger-rumour
http://www.thestar.com.my/Business/Business-News/2015/11/07/MISCBumi-Armada-tieup-in-the-offing/?style=biz
https://www.facebook.com/theedgemalaysia/videos/10153793708713086/?video_source=pages_finch_main_video

The big players also move in to FPSO merger because its more profitable and potential to secure more projects.

THHEAVY FPSO already secured big FPSO contracts but share price still low.. should merge with big players and compete for more projects.

Suspend.. really suspense. Big plunged 50% earlier already show theres something wrong.. still can jump up abit 20% looks like dead cat bounce.
Good luck for those holding.

decentguy: Thats ur own personal view.

For me, Tabung Haji + institutional investment fund shareholders already own > 53% of THHEAVY shares. .. those are the big players.


No those shark that play short term or contra.. those cant last long..

decentguy: U r back. Last time said dumping.. price still holding 0.20+/-.
If no big players support/accumulate price wont hold so long for 2 mths+ already.

Hibiscus yesterday swing drop 50% margin call.. those bought 0.57 or 0.50++ get caught coz drop fast till 0.255. Today recover abit..

Skpetro drop from 3.80... now at 2.25 still recovering slowly but its moving up.,

Thheavy try to move up but alwys get block and push back to 0.20+/-.
Need stronger buying power and support to move. If everyday transaction less than 1-2 million hard 2 move.

They still buying, accumulate & support at 0.20+/- lvl.. waiting for other big players to push it seems.
Other big counter like SKPETRO also moving up slowly. Play follow the leader and themes.

ECGC: 0.175 still in good safety/profit zone. Current 0.20+/- is strong support lvl.. price been holding well for abt 2 months already just waiting for the next +ve newsplay to move.

http://www.cnbc.com/2015/11/02/us-crude-oil-edges-up-after-drops-but-market-remains-oversupplied.html

http://www.cnbc.com/2015/11/02/is-crude-oil-ready-for-a-rebound-lipow-commentary.html

Its just need big players to push once Oil theme play start.

High risk.. shark also get harpooned..