MALAYSIA MARINE AND HEAVY ENG

KLSE (MYR): MHB (5186)

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Last Price

0.44

Today's Change

0.00 (0.00%)

Day's Change

0.435 - 0.44

Trading Volume

156,300


6 people like this.

3,258 comment(s). Last comment by SEED 3 days ago

greencode

1,692 posts

Posted by greencode > 2021-06-01 22:25 | Report Abuse

Brakeout

Posted by cikminah7777 > 2021-06-02 13:01 | Report Abuse

Up, up, up!!!!
MHB boleh!!!
Dulu saya beli rm4.00, down to rm0.40!!!
I still hold, to today
Beli balik at rm0.52. Sudah pickup and hold.
Hope MHB can goreng up to rm4.50 is good enof for me.
Kalsu rm8.00, it is a bonos!!!

pirate99

822 posts

Posted by pirate99 > 2021-06-02 13:18 | Report Abuse

Waow Cikminah.. still holding tight ya.. salute you..
I recalled mhb ipo priced around RM3+, spiked to RM8+ in 2012, down all the way to 0.40c. Really need catalyst to go North. Limited people working in yard with potential work delayed ?

Posted by cikminah7777 > 2021-06-02 14:07 | Report Abuse

pirate99....actually, it was rm10.00 not rm8.00.
I sold at rm10.00 and bought back at rm4.00 and rm3.50. But, it went down to rm0.40!!!!.

scott88

413 posts

Posted by scott88 > 2021-06-02 14:43 | Report Abuse

Malaysian oil and gas company Petronas on Tuesday confirmed the contract award to TechnipFMC for the engineering, procurement, construction, installation, and commissioning for a subsea production system, umbilical, riser, and flowline (SURF) for its Limbayong deepwater development, offshore Malaysia.

A virtual signing ceremony was held Tuesday to commemorate the award of the contract to FMC Wellhead Equipment Sdn Bhd, a subsidiary of TechnipFMC.

Petronas' Executive Vice President and Chief Executive Officer of Upstream Adif Zulkifli:"The Limbayong project is aligned with Petronas' three-pronged growth strategy to expand our resource base. We hope the project, which is PCSB’s first deepwater development undertaking in Malaysia, will give confidence and invite potential investors to collaborate further in maturing the country’s deepwater resources. Apart from monetization, Limbayong will be a platform to enhance our internal capabilities in preparing for the next deepwater projects not only in Sabah but also in other regions.”

Limbayong is an oil and non-associated gas field located 120 kilometers offshore Sabah in water depths of between 900 and 1,200 meters. The field consists of 10 deepwater wells which tie back to the project’s Floating Production Storage and Offloading unit while the subsea system is made up of SURF.

scott88

413 posts

Posted by scott88 > 2021-06-02 14:43 | Report Abuse

MHB up up up

scott88

413 posts

Posted by scott88 > 2021-06-02 14:50 | Report Abuse

TechnipFMC have business partners with MHB.
sure MHB also have this contract.

scott88

413 posts

Posted by scott88 > 2021-06-02 14:52 | Report Abuse

Petronas, TechnipFMC Sign Limbayong SURF Contract
June 1, 2021

sunnyguy

145 posts

Posted by sunnyguy > 2021-06-02 23:08 | Report Abuse

@scott88: is this a recent news?

This project is awarded on Feb 2021, right?

scott88

413 posts

Posted by scott88 > 2021-06-03 00:11 | Report Abuse

Tonight TechnipFMCup up 8% share price 9.71usd.
Mhb will up come soon...

scott88

413 posts

Posted by scott88 > 2021-06-03 00:14 | Report Abuse

As for the FPSO, World Energy Reports' May FPSO report (paywall) shows the project is in the bidding phase, with the FPSO contract expected to be awarded in Q3 2021

Petronas in Oct 2020 issued a new tender to lease an FPSO for the Limbayong field offshore Sabah Malaysia.

Per WER, the FPSO is to be capable of producing 40,000 b/d oil, 90 mmcf/d gas, and injecting 75,000 b/d water -- and have storage for 600,000 bbls.

Local content requirements for FPSO fabrication favor local contractors. The lease will be for 12 yrs firm + 3 + 3 + 2 yr options, WER has reported.

According to WER, bids were submitted on Feb 2, 2021, with MISC, Yinson, Bumi Armada, and SIP are among the bidders.

Petronas is the field operator and has 100% interest in Limbayong.

Hope MISC will win mean good for MHB.

sunnyguy

145 posts

Posted by sunnyguy > 2021-06-03 11:48 | Report Abuse

@scott88: Thanks for the info. High chance MHB can get a big portion of fabrication contract from Limbayong project.

sunnyguy

145 posts

Posted by sunnyguy > 2021-06-03 11:50 | Report Abuse

TechnipFMC hold 8.5% of MHB also

Posted by HaroldHuong > 2021-06-03 13:33 | Report Abuse

Fly Fly, Bravo

DonLee

503 posts

Posted by DonLee > 2021-06-16 14:05 | Report Abuse

can back to 6 or 8 RM in times ?

VenFx

14,784 posts

Posted by VenFx > 2021-06-16 14:07 | Report Abuse

Hi ! Fellow comrades

The games has a kick start now ?
Loading 1/3 to try my luck this morning.

2nd booster will be set in upon a 0.540 wall break up successfully

Posted by cikminah7777 > 2021-06-16 14:27 | Report Abuse

Up to rm1.00 is more than good enough for me!!!

Trader258

435 posts

Posted by Trader258 > 2021-06-16 16:22 | Report Abuse

Can reach RM1.00 ... based on record, wait about 5 years.

Posted by cikminah7777 > 2021-06-16 16:39 | Report Abuse

Teruklah. Satu hari naik.satu sen!!!

VenFx

14,784 posts

Posted by VenFx > 2021-06-17 08:21 | Report Abuse

Brent Oil uptrending remain

Midterm base solid build on $70/-

A breakthrough of Usd 74.50 shall ignite its bullish pattern again.

Kimly2

587 posts

Posted by Kimly2 > 2021-06-18 09:55 | Report Abuse

how many u buy? 1 or 10 lots?
0.495 cant hold at all.

Posted by VenFx > Jun 17, 2021 8:23 AM | Report Abuse

I dont mind to buy at a lower level,
If MHB could come and knock at 0.495

Posted by cikminah7777 > 2021-06-19 17:38 | Report Abuse

Takda siapa nak goreng stock ni ke.....????

Posted by hanafi9670 > 2021-06-20 23:27 | Report Abuse

MHB should be taking private like MMC....80% share hold by MISC and TECHNIP-FMC...RM600mil cash...about time...stay tune guys...

VenFx

14,784 posts

Posted by VenFx > 2021-06-21 10:55 | Report Abuse

https://www.investing.com/news/commodities-news/oil-edges-up-as-iran-nuclear-talks-drag-on-2537075
ANZ said the election could delay the nuclear deal.

Awaiting for Brent oil to be breakthrough at $74.40

Posted by cikminah7777 > 2021-06-23 07:43 | Report Abuse

MHB is ranged bound. Even GLOTEC has started to move. Useless stock.

VenFx

14,784 posts

Posted by VenFx > 2021-06-23 12:10 | Report Abuse

Oil extends rally Oil prices rallied powerfully once again yesterday, as the election of a new hard-line president in Iran reduced the possibility of a nuclear agreement

Posted by RememberMe > 2021-06-25 15:41 | Report Abuse

no more show? ...

m16454

227 posts

Posted by m16454 > 2021-07-04 22:47 | Report Abuse

All oil related shares GG.

Posted by cikminah7777 > 2021-07-06 12:45 | Report Abuse

Useless stock.
Minyak naik, dia tetap stagnent.
Tak tahu, apa CEOnya buat, makan tidor je ke...?????
Duit orang semua terperanglap kat stock ni
Nak naik satu sen.pun, seksa!

Bgt 9963

7,445 posts

Posted by Bgt 9963 > 2021-07-06 13:15 |

Post removed.Why?

wongchin

1,006 posts

Posted by wongchin > 2021-07-07 17:35 | Report Abuse

No shark want to goreng

m16454

227 posts

Posted by m16454 > 2021-07-07 20:15 | Report Abuse

Indirectly owned by Petronas, they dont need to goreng to earn money like other's company.

Bgt 9963

7,445 posts

Posted by Bgt 9963 > 2021-07-20 08:36 |

Post removed.Why?

Posted by cikminah7777 > 2021-07-25 07:54 | Report Abuse

GLOTEC.yang teruk tu pun dh naik. MHB kekal tak bergerak. Konon fundemental stock. Baik masuk goreng stock. Wasting money, masuk sini. Puiiiii.....!!

Bgt 9963

7,445 posts

Posted by Bgt 9963 > 2021-07-31 09:16 |

Post removed.Why?

Kimly2

587 posts

Posted by Kimly2 > 2021-07-31 20:52 | Report Abuse

this poor loosing money QR, price should drop more

Posted by cikminah7777 > 2021-08-01 13:23 | Report Abuse

Should be rm1.00 instead of stuck at 44/45

m16454

227 posts

Posted by m16454 > 2021-08-06 19:24 | Report Abuse

Quing at 0.38

Icon 888

2,301 posts

Posted by Icon 888 > 2021-08-12 19:03 | Report Abuse

Maybank target price rm0.85, hlb target price 0.35.. Beza banyak. Siapa betul

Bgt 9963

7,445 posts

Posted by Bgt 9963 > 2021-08-13 13:56 |

Post removed.Why?

Icon 888

2,301 posts

Posted by Icon 888 > 2021-08-19 12:42 | Report Abuse

Time in?

Icon 888

2,301 posts

Posted by Icon 888 > 2021-08-20 23:51 | Report Abuse

Q Buy 0.34-0.38

Icon 888

2,301 posts

Posted by Icon 888 > 2021-08-21 00:11 | Report Abuse

MISC Support anak la( mhb)

krish52

257 posts

Posted by krish52 > 2021-08-21 00:23 | Report Abuse

i am also a victim. when the price was sliding from rm 6 level to 3.50 level in 2015, i thought i was very lucky and bought 10k @ 3.46. i stil holding the shares and i did not average down till today.

Bgt 9963

7,445 posts

Posted by Bgt 9963 > 2021-08-21 09:26 |

Post removed.Why?

Icon 888

2,301 posts

Posted by Icon 888 > 2021-08-22 01:32 | Report Abuse

Beli beli beli 0.35-0.38

Bgt 9963

7,445 posts

Posted by Bgt 9963 > 2021-08-22 11:46 |

Post removed.Why?

JoshuaMS7

4,309 posts

Posted by JoshuaMS7 > 2021-08-25 16:43 | Report Abuse

someone big selling 0.380! Run?

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