Buyer queue pile up again at 0.195. Price not moving much still at 0.20+/-

THHEAVY par value was actually RM0.50 before the 16:15 RI.
After RI, THHEAVY par value adjusted to RM0.25 and the conversion for THHEAVY-PB is 1:1 and have maximum of 5 yrs to convert.

Eventhough par value adjusted lower but the no. of shares of THHEAVY is remain the same coz the new shares is issued under THHEAVY-PB and traded separately. By preference THHEAVY-PB should be trade higher/premium because have dividen option, if THHEAVY price moves up, THHEAVY-PB also will follow because conversion is 1:1, its just like warrant trading.

Thheavy price been on supporting/accumulation at 0.20 level and didn't drop much...there are players supporting/collecting since last month... just waiting for the next big push again.
Need big players entry to make Thheavy price move higher. November will be valuecap play...usually the big players will buy in advance before valuecap pump in money so can get more profit.

XOX par value 0.10, market capitalization also small. Already get UMA but still have big players pushing up its price. Big shareholder increase their share holdings % and share price.

Have to be careful coz this stock have some history..
http://malaysianshares.blogspot.my/2011/06/xox-berhad-saga-what-has-gone-wrong.html

Valuecap enter by late November http://www.bernama.com/bernama/v8/bu/newsbusiness.php?id=1181003

XOX have big players support and push up aggresively with big fund.. from 0.08 can go up 0.16 - 0.20.. now today 0.30.

THHEAVY big players only play supporting at 0.20+/- lvl. Not much big players join in to buy and price hard 2 move up.. been sideways same range lvl past few weeks.

Actually last time when price drop from 0.455 to 0.36 drop further to 0.30 - 0.25 and later 0.20 till 0.18 and crash boom bang 0.13.. alot contra and small retailer panic sell cuts lost stay away.

Its when oil market start to recover from usd 38/40 to 45 lvl and RI completed with TH confirm subscribed then they all come back 0.13-0.175 & 0.20.. + value cap annoucement shoot up til 0.26

Thats the time where can be seen some big players buy in big vol 0.20- 0.25 range avg 0.225+/-.
Now when KLCI drop <1700, RM currency jatuh longkang again, Oil price ding dong...
the contra and short player come in for 0.005-0.01 game..

Actually number of THHEAVY shares is still same and not diluted coz the new RI shares issues is trade at diff counter under THHEAVY-PB.

Its just theres alot contrarian/short term player want to exit fast instead of holding for higher price..

kahfai211: Those ppl c KLCI drop this morning already queue 2 sell fast...

Normal days when oil price low/weak.. not many seller queues vol >5000 X 100...
Today.. seller queue increase back... blocking the price again..

Need strong investor/ valuecap fund to push up.

FPSO RM2.8 billion project already in hand takkan la worth only RM0.20. sure go up higher 1.. the big players holding back coz the income profit will only come in 2016 and also see market retailer response for buying but still weak.

Inside pocket already have RI fund by TH RM275 million.. still play wait and see..
simpan THHEAVY-PB also..

Use more fund to push the share price up, share value also increase then more retailers, big players will be more attracted to invest.. If just support at 0.20 not moving.. retailers /investor will go for more active counters.

Those short term player/contra play on O&G news & price only since THHEAVY is in O&G sector.
THHEAVY main biz is FPSO.. not related to oil price.

Tonight up 5% ady..
http://www.cnbc.com/2015/10/27/us-crude-rises-after-inventory-drawdown-at-cushing-hub.html

Tomorrow going contra kakis will jump in again...

Buying/collecting at 0.20 seems good.

Theres some buying but still warming up not yet push aggressively..
If can follow XOX big players push will be good.

Those biz that involves direct with oil price will be affected .

THHEAVY already secured FPSO project that can last 7+10 yrs. FPSO contract is fix income and not affected by oil price volatility. Fund for the FPSO project also ready after RI completed.

THHEAVY price been steady at 0.20 +/- since last mth.
Big players supporting well waiting for next wave uptrend.

New budget 2016 is to hlp improve malaysia economy and welfare. Stable economy will attract more foreign n local investor to invest.

O&G sector already have Rapid pengerang projects waiting.

Stock market boost will comes via ValueCap in November and few more stages next yr as well.

OPec meeting is in December.

agm6006: Oil brent still unchange at usd 47.99. http://www.cnbc.com/commodities/
THHEAVY new projects are FPSO not depend on oil price. U can read my my previous old postings.

http://themalaysianreserve.com/new/story/blue-chip-glcs-benefit-valuecap-injection
https://www.youtube.com/watch?v=NMRCi3KNjJI
https://www.youtube.com/watch?v=ReYoRQdi3H8

If klse still drop badly after Valucap kicks in November.. then those big heads will roll.

cashflow: U can see KLCI been hovering above 1700+ even when RM currency drop and oil price still weak.Main buyer are foreigners institution whereas local retail institution players selling.
Pullback abit coz local institutional/ retail player exit and wait 4 budget annoucement and also worry rm weak.

Recent annoucement in september, valuecap will invest RM20billion also makes KLCI rally up abt 40 pts. Just annouce only, not yet invest but market already jump from 1640 to 1700++ and been holding till today.
http://www.thestar.com.my/Business/Business-News/2015/09/15/ValueCap-boosts-market/?style=biz

Budget 2016 this Friday + valuecap investment in November expected will also boost KLSE.

THHEAVY also spiked up till 0.26 after valucap annoucement before consolidate to support 0.20+/- lvl.
Its also one of the possible small cap stock potential to get boost up.

If worry sell off then follow own plan.

Only small vol transaction, even the selling queue oso lesser.
Mostly small contra/short term player exit.

Price still stable at 0.20+/-.

julien: U can chk the transaction value, use stock application to chk the big transaction buy % vol > 2000 - 5000 x 100, chk the price support/hold range, buyer queue fast few days/weeks... etcs.

Of coz theres also small/big retailers in and out.. but AVG will tell something where the support of the players

ChenGy91: Some buying pre/after budget but have to see the market sentiments and sector play.
http://www.thestar.com.my/Business/Business-News/2015/10/20/Prebudget-rally/?style=biz

November also more goodies coming from Valuecap
http://www.freemalaysiatoday.com/category/nation/2015/10/20/valuecap-to-start-reviving-stock-mart-in-november/

http://www.thestar.com.my/Business/Business-News/2015/10/20/Valuecap-to-get-first-RM6bil-by-year-end/?style=biz

The smart money will buy early at good low price and later when Valuecap enter price will go up faster and higher especially those undervalue stocks.

Tabung haji main shareholder of THHEAVY. Tabung haji also part of Valuecap contributor..

Last time Valuecap also pushed up O&G stock after recession recovery when oil price low and also when Najib took over PM seat. THHEAVY price also went up from 0.30 to 0.50+.

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U can see in ur o9 trading platform trade detail from 11/9/15 till today.. wats the transaction value, AVG daily price. Get all the total AVG price divide by the total days.. den u can get the estimated total AVG price the big players holding.

Last week China data good, this week so so only.. Its just like oil price up & down but withing suporting range.

Big players already park in 0.20+/- waiting for budget annoucement this friday.

somchik: Seems ready to rise but alwys have heavy seller blocking the path. Theres some effort by the big players to push the price up but still not strong enough. THHEAVY should have move >0.25 after RI over but it was pushed down back by contra players to 0.20+/- and also due to Oil market price sentiments some decide to exit. Eventhough FPSO biz is fix stable profit, theres those profit taking and contrarian that want fast profit making its price still "low".

My own personal short term TP (3mths) was 0.25 - 0.35.
The big players have to step up their game fast.

kuttyravi: U r welcome. KNM have stronger big players inside, EPF can buy big and also can sell big. Need to buy at good price and ride with the rally.

I prefer THHEAVY coz for the price of 1 KNM shares, can buy 2.5+ THHEAVY shares and its price can say still at "low" lvl currently. Theres still big players inside 0.20++ eventhough not much action yet....but its position itself for uptrend soon.

1million KNM shares is abt 2.5+million THHEAVY shares.
if 1 sen up for both shares the profit for KNM is abt RM10k whereas THHEAVY is abt RM25k+.
If 0.005 sen up KNM abt rm5k, THHEAVY abt rm12.5k+
If drop den also same amount in -ve.

Oil price still moving up 2nite.

All the best in making big profit next week.

Support is good today.. price holding well same as past few days hovering >0.20+ and waiting for rebound up again.

SKPETRO also quite strong today.. ppl also buying for next week play. Seems will rebound for O&G sector as oil price now become +ve back.. alwys ding dong news..
Cheap stock price ppl buy and later high hard 2 buy cheap anymore.

http://www.cnbc.com/2015/10/15/oil-prices-climb-on-us-gasoline-drawdown-snap-week-long-fall.html

Still collecting/absorbing from the sellers... no pushing yet.

kahfai211: Need big players to push up price consistently 1st.

Chk oil price here:
http://www.cnbc.com/energy-commodities/

richkid: XOX already rise abt 300% have 2 be extra careful especially those that just went in.

kuttyravi: Long time no see bigshareholder of THHEAVY.
KNM? u have to see EPF dump or sell big Also risky counter 4me.
Its price holding well and already went above its RI offer price.

richkid: Yes.. XOX have big players pushing continuously but high risk counter.
THHEAVY have big players but lack strength.. seems collecting more for contrarian play while waiting for stronger oil newsplay. Slow and steady most important can get profit.

ECGC: Thheavy strong support at 0.20/0.195. Price alwys holding well AVG above 0.20+.
Those not playing contra should be fine coz TH bought at much higher price.
Price will move up once the big player start buying again.

Still collecting at cheap price. Eventhough THHEAVY FPSO biz contract will generate stable profit and RI completed, price should go up higher towards 0.40+ but still at 0.20+ .. the big players not pushing up aggresively yet.

Seems like current players just follow oil market price movement. Up den will follow up.. if oil price consolidate down, THHEAVY price also consolidate. Contra players also stronger coz price always get block and retrace back to 0.20+ several times.

Other penny stocks like XOX can move up so much higher from low 0.06 can rise up till 0.19 today... 300%+ up..

If compare the vol 7Oct (buyer enter) with yesterday and today selling(exit), its so much lesser vol for (exit). Its quite +ve as it shows theres more buyer with holding power than those contra short term players inside THHEAVY.

Tomorrow is PH, some exiting but price still holding well with new buyer collecting/supporting at 0.21/0.205 today.

Oil market still quite cheap price even when theres conflict in Syria.
Price expect to move up back after profit taking over.
http://www.cnbc.com/2015/10/12/us-crude-inches-above-4750-on-bargain-hunting-after-slide.html

Profit taking is normal when price went up high.
Oil price still above 50usd and supported well.
Same goes to KLCI seems holding >1700

THHEAVY transaction vol this morning is quite low with only value abt RM500k+ mostly done at 0.205 and still holding well.

Support queue at 0.20/0.195 also good.

The market flooded with oversupply oil from shale oil, competitors to sell lower price, etcs
That was previous..now oil market price rebound > 50 usd.

http://www.theedgemarkets.com/my/article/opec-sees-more-demand-its-crude-2016-cheap-oil-hits-rivals

http://www.theedgemarkets.com/my/article/oil-rises-after-kuwait-sees-higher-prices-ahead

http://money.cnn.com/2015/10/09/news/economy/oil-prices-above-50-dollars/index.html?iid=SF_LN

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THHEAVY still way below is RI offer price. The share price should have move up more because new icps shares issued / trade under separate counter THHHEAVY-PB. Just that market confidence n sentiment on oil newsplay still not very high, cautious with klci pullback n political issues.

ECGC: I queued sell at 0.225 last week but most of the transaction done at 0.22. When changed queue lower 0.22, the selling done at lower 0.215. So sold at 0.215 and buy back 0.21.
Need to be fast n see the queue changes accordingly if play contra. This morning much easier to see and contra coz the buyer queue is much lesser than the seller queue at 0.215.

T+3/T+4 price seems supported well at 0.21 and theres also abt 39.47% transaction done at 0.215.

THHEAVY price at 0.21 actually for me is very cheap..the big players still inside just try see their direction/follow them with own trading plan. Dont miss the big rally... sell too early and buy back higher.

Not bad, support at 0.21 still looking good.

ECGC: If u queued early last friday 2nd half sure matched.
I sold last week 0.215, bought back 0.21. Sold 0.215 and buy back 0.21 several times coz buyer queue 0.215 less than seller queue 0.22 today. Contra exit T+4 but still good have buyer supporting at 0.21 with AVG 0.213

Price consolidate also good time to make profit by selling high and buy back lower.
Once selling get weaker, it will go up back again. The big players still inside 0.20++ (0.195 - 0.225)

Oil newsplay still +ve.
http://www.cnbc.com/2015/10/11/oil-edges-up-on-lower-us-rig-count-weaker-dollar.html

http://video.cnbc.com/gallery/?video=3000430964

Contra day as expected... sold 0.215 den buy back with more units.
AVG 0.213 still quite good. Buyer still collecting slowly and not rush to push coz its T+4.
Cheaper price good for better profit.

O&G counters mostly follow the big players movement in SKPETRO, KNM and Dialog.. if price retrace back,.. THHEAVY also follow..

Warrant have to becareful... KLCI up for several days.. might consolidate soon.
Contra kakis also seems exiting slowly. Good stock with good support still ok.

Annh: If u using PC platform trading should be able to see under Trade details.

12568600 unit transacted at 0.215, 53.44%
0.22 have 40.1% transaction.

Just now 4pm onwards quite alot selling at 0.215, and only 5% done at 0.21.
Contra kakis (6oct) quite alot exit...

Next week monday have to see how coz 7 Oct the vol transaction is abt 4X higher than 6Oct.
Support lvl at 0.20/0.195

Oil markets getting stronger, will hlp boost investor confidence to buy more.

ECGC: Yes, those entered on 6 OCT onwards and dont plan 2 pick up need to sell, same also next week Mon/Tues. If the AVG price can hold and supported well, high chance moving up steady after sell-off done. Need continous strong buying pressure comes fast and cleared off the resistance.

Cheap stock attracts alot contrarian.. but when its time to move, it will still move up.

Annh: White candle bar missing yesterday and now showing resistance is stronger and selling/profit taking on-going. Friday usually profit taking/exit day for those traders. The price is already cheap for me.... i oso sell and buy back few times for profit. The AVG price 0.216 still holding.

Have contras players buy/sell blocking price movement.
Its alwys have this situation.. during uptrend. Buying pressure need to be stronger and support well at AVG price to move up slow and steady.

Reach 0.215..... going to retest 0.23 - 0.25+ soon.

New THHEAVY chairman is CEO from TH. More confidence boost to THHEAVY shareholders.
THHEAVY price current AVG at 0.209. Selling absorb by buyers.

Oil newsplay still good.
http://www.cnbc.com/2015/10/07/oil-rebounds-shrugging-of-us-stockpile-build.html

kenen: No confirm date yet .. should be soon.

Russia, one of the world's top three oil producers, said this past weekend it was prepared to meet OPEC and non-OPEC oil producers to discuss the market if such a gathering is called. A separate meeting between Russian and Saudi officials was being planned for the end of October, Russian Energy Minister Alexander Novak has said.

http://www.cnbc.com/2015/10/07/russia-saudi-oil-cooperation-is-hogwash-kilduff.html

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Russia's energy minister said Russia and Saudi Arabia discussed the oil market in a meeting last week.

OPEC Secretary-General Abdullah al-Badri said in London that OPEC and non-OPEC members should work together to reduce the global supply glut.

http://www.reuters.com/article/2015/10/06/us-markets-oil-idUSKCN0S002Q20151006

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"As Russia requested talks, investors seem to expect a possible reduction in oil output to be agreed during rebalancing procedures," Kang said.

Data on Friday showed U.S. energy firms reduced the number of oil rigs by 26 in the latest week, the most since April and the fifth straight weekly fall, a sign low prices were pushing drillers away from the well pad.

Itspromar: Definitely not technical rebound or big seller queue sign of reversal downtrend.
The big player alwys there just collecting and waiting for the right "+ve news" to push up again.
Their main goal is increase the share market capital and sell high for big profit.

With Oil rebound stronger, RM stronger.. its just the right recipe to cook this THHEAVY... they just need add more oil so can be more hot then will fly.

Today high vol is SOP to call more big players to join in. Total transaction abt RM9million is a clear indicator that theres good response.

Usually when its ready to move/breakout higher the seller queue will become lesser... the main players dont have to use big money to clear the queue and the price will move up much faster.

Main major resistance 0.25 need to be cleared next.only moving towards 0.30+
Once 0.30 breakout..next lvl willl be 0.30 - 0.50.

US oil inventory drop.. more +ve news play coming soon.
http://www.cnbc.com/2015/10/06/crude-oil-futures-push-higher-after-range-breakout.html

Oil brent USD 50+, Opec + russia meeting, Energy submit..
Oil & Gas themes already start...all buying back

AnnH: 0.205. Actually u can also see the AVG price.. it will show where the buyer concerntrate on.

Yesterday closing at 0.185, today morning open trade at 0.195. + 0.01 direct.

Today high 0.215 close at 0.21, increment of 0.03/0.025
Big players entered strong today AVG 0.205.

Uptrend signal already showing once 0.215 hit just now.
Tomorrow onwards will try retest 0.23 - 0.25+.

somchik: Yes... calling once, calling twice, sold!
Sold to big players. They buy for coming uptrend play.

RM9.26million+ AVG 0.204, 80% buy - big white candle uptrend sign.

Closing at 0.215 will be good.

Coming now.. :D

0.21 now.. nice