MUHIBBAH ENGINEERING (M) BHD

KLSE (MYR): MUHIBAH (5703)

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Last Price

0.85

Today's Change

-0.005 (0.58%)

Day's Change

0.835 - 0.85

Trading Volume

453,300


16 people like this.

3,673 comment(s). Last comment by curiousq 3 hours ago

robot99

243 posts

Posted by robot99 > 2014-01-17 15:50 | Report Abuse

Next week will break 2.80

weng77

412 posts

Posted by weng77 > 2014-01-20 09:21 | Report Abuse

Seem like today is a correction day for muhibah after large volume transacted on last week.

wploun

397 posts

Posted by wploun > 2014-01-20 13:30 | Report Abuse

T3 sell very soon

johnny cash

6,400 posts

Posted by johnny cash > 2014-01-20 13:53 | Report Abuse

Muhibbah Engineering (MUHI
MK)
Technical BUY with +18.0% potential return
Last price : RM2.58
Target Price: RM2.72, RM3.05
Support : RM2.48
Stop-loss: RM2.39
BUY with a target price of RM3.05 with a stop
loss placed below RM2.39. MUHI’s share price
has consolidated and moved within the
RM2.23 to RM2.48 region in the last 4 months
before recording a significant breakout on last
Friday’s 8-sen surge on top of a higher trading
volume of 8.5m shares (vs 20-day average of
1.0m). Following the closing of RM2.58, MUHI
has been trading in the new territory, which
was last seen on 29 Jul 13. We note the
breakout was in tandem with a steady growth
in momentum as the share price rose above
38.2% of Fibonacci fan line. Given the bullish
development in MACD, we expect MUHI to
retest the previous high of RM2.72 in the near
term which, if breached, could see the stock
nudge higher towards our 1.38x Fibonacci
extension of RM3.05 in the medium term.

weng77

412 posts

Posted by weng77 > 2014-01-20 19:22 | Report Abuse

Need to monitor this share for next few days to see whether it can digest the large transaction volume from last week.. if it can digest it, up trend could be continue with support at RM 2.48

Muarmali

1,186 posts

Posted by Muarmali > 2014-01-21 14:15 | Report Abuse

Need money for CNY - got excuse to sell now. :)))

weng77

412 posts

Posted by weng77 > 2014-01-21 16:02 | Report Abuse

The Q and volume to sell Muhibah is quite high....profit taking on going for Muhibah share today..

novice8

603 posts

Posted by novice8 > 2014-01-21 20:44 | Report Abuse

I've been thinking to get back in tomorrow! :)

weng77

412 posts

Posted by weng77 > 2014-01-22 18:04 | Report Abuse

Rebound soon after adsorbing the sell of today with strong purchase volume at RM 2.50.

slts

2,236 posts

Posted by slts > 2014-01-23 08:30 | Report Abuse

today

andychucky28

1,600 posts

Posted by andychucky28 > 2014-01-23 10:34 | Report Abuse

The problem is when we say the selling TP is 2.70, fund managers read this and they purposely push the price down, so that you will get caught. Thats the reason why i do not like to expose the selling target price here in the forum.

weng77

412 posts

Posted by weng77 > 2014-01-23 11:32 | Report Abuse

look like this share get ready to bounce back.. buying momentum is back...

novice8

603 posts

Posted by novice8 > 2014-01-23 19:30 | Report Abuse

it retreated back to 2.44! is it an opportunity?

optimusprime

1,149 posts

Posted by optimusprime > 2014-01-24 02:23 | Report Abuse

closed ur eyes n buy for longterm

robot99

243 posts

Posted by robot99 > 2014-01-24 11:05 | Report Abuse

Up 2days gostan 1 week....

weng77

412 posts

Posted by weng77 > 2014-01-24 11:11 | Report Abuse

JP Morgan disposed some Muhibah shares ...from 16 Jan - 21 Jan... No wonder this share can rebound smoothly..

weng77

412 posts

Posted by weng77 > 2014-01-28 14:58 | Report Abuse

Wow...selling pressure not over yet and waiting to stable and create support before rebound again...i have closed the position at RM 2.58 as per advise from my remiser and he ask me to monitor for a while before enter the position again..

weng77

412 posts

Posted by weng77 > 2014-01-28 16:41 | Report Abuse

After reviewing the share price of Favco... i decided to enter position for Muhibah today...

candygirls

797 posts

Posted by candygirls > 2014-02-04 23:46 | Report Abuse

JPMorgan Chase & Co has disposed of a total of 1.976 million shares or 0.46% stake in Muhibbah Engineering (M) Bhd from Jan 16 to 28.

Filings to Bursa Malaysia on Tuesday, showed the US bank had started disposing of Muhibbah shares since Jan 16 when the share price was at a five-month high on Jan 16.

It sold 1.056 million shares on Jan 16 and 125,300 shares on Jan 20 and 131,800 units the next day. Over the next three days from Jan 22 to 24, it sold a total of 750,000 shares.

robot99

243 posts

Posted by robot99 > 2014-02-05 14:25 | Report Abuse

So,who are the buyers?

wikileaks

324 posts

Posted by wikileaks > 2014-02-05 14:46 | Report Abuse

...whole town

lcmflily

109 posts

Posted by lcmflily > 2014-02-06 10:11 | Report Abuse

oh it rise back a little now. Now i hv to wait again for the timing to sell it ...US tapering and the figures fm US is not good...we can see money leaving the SEA countries , anyway once it has stabilise mkt will be stable back ...

lcmflily

109 posts

Posted by lcmflily > 2014-02-06 10:12 | Report Abuse

target 2.6 to 2.7 better leave in short term

robot99

243 posts

Posted by robot99 > 2014-02-13 11:44 | Report Abuse

Icmflily,is about your tp ,time for u to sell

robot99

243 posts

Posted by robot99 > 2014-02-13 11:57 | Report Abuse

Look likes morgan back again to push to 3.00 .huat ah!!!

cheah6638

125 posts

Posted by cheah6638 > 2014-02-13 14:27 | Report Abuse

To reach RM3.00, the price must first cross RM2.63 and RM2.72 convincingly.

andychucky28

1,600 posts

Posted by andychucky28 > 2014-02-13 19:04 | Report Abuse

Second wave for muhibbah. Hope it can support at 2.70.

cheah6638

125 posts

Posted by cheah6638 > 2014-02-13 21:49 | Report Abuse

So long as investors continue buying (probably due to the better than expected earnings to be released soon) and without Morgan &/or Lembaga Tabung Uji dumping their portion, crossing RM2.63 and RM2.72 is still possible.

slts

2,236 posts

Posted by slts > 2014-02-14 06:33 | Report Abuse

there is no good news to support
a break out
everytime there is a spike in prices
like yesterday, vol will disappear follow by
downward move
sell

lcmflily

109 posts

Posted by lcmflily > 2014-02-14 09:24 | Report Abuse

what was the highest yesterday

lcmflily

109 posts

Posted by lcmflily > 2014-02-14 09:36 | Report Abuse

yes always difficult to hit at 2.6

lcmflily

109 posts

Posted by lcmflily > 2014-02-14 11:15 | Report Abuse

hey my system log now, i cannot see the real moving price

MrGala

217 posts

Posted by MrGala > 2014-02-17 01:37 | Report Abuse

anyone also sees it's price moving up with ascending triangle? wanted to know if i'm viewing it wrongly.

lcmflily

109 posts

Posted by lcmflily > 2014-02-17 11:30 | Report Abuse

i sold at 2.55 last week, i untiung sikit and cabut

robot99

243 posts

Posted by robot99 > 2014-02-19 18:36 | Report Abuse

Going to touch all time high.....

lching

1,402 posts

Posted by lching > 2014-02-19 23:06 | Report Abuse

2.72 July last year.....not far away....

MrGala

217 posts

Posted by MrGala > 2014-02-26 20:32 | Report Abuse

1 more wave needed or just game over?

Posted by robocop123 > 2014-02-27 13:49 | Report Abuse

result will anounce today or tmr?

robot99

243 posts

Posted by robot99 > 2014-02-27 18:47 | Report Abuse

Good or bad result ?

lching

1,402 posts

Posted by lching > 2014-03-04 15:51 | Report Abuse

return of the muhibah?

samsung555

478 posts

Posted by samsung555 > 2014-03-05 12:56 | Report Abuse

good prospective of Muhibbah, right time to return to Muhibbah......

TaurusGal82

1,204 posts

Posted by TaurusGal82 > 2014-03-06 14:17 | Report Abuse

wow..

robot99

243 posts

Posted by robot99 > 2014-03-06 14:40 | Report Abuse

Return of MOrgan Big Boy!!

andychucky28

1,600 posts

Posted by andychucky28 > 2014-03-06 15:08 | Report Abuse

YeS! Muhibbah up again... even more than my target selling price!

almufathal

1,360 posts

Posted by almufathal > 2014-03-06 22:24 | Report Abuse

sudah lama menyepi....timbul pulak kali ni....rm5!!!!!

samsung555

478 posts

Posted by samsung555 > 2014-03-07 13:55 | Report Abuse

Muhibbah Infra order book should recover in FY14. Muhibbah's outstanding order book stood at RM1.8bn at end-FY13, comprising RM719m for infra, RM1.1bn for cranes (all-time high) and RM47m for shipyard. We expect Muhibbah's shipyard orders to rise in line with the pick-up in domestic chartering contracts for O&G. We gather that the continuous construction of offshore O&G structures, particularly rigs and platforms, has created pent-up demand for vessel orders. We also expect an uptick in orders from the civil/infra segment in 2014 to comprise the bulk of the group's estimated RM4bn-5bn tender book. Our base case assumption of RM1bn new job wins in 2014 remains intact

mfaizalm80

456 posts

Posted by mfaizalm80 > 2014-03-21 15:47 | Report Abuse

strongly buy recommendation........my visit to the relevant sites projects of muhibah is magnificient.....the current competent management and boards are indeed good.....the prospects of future revenue is very significant.......the company could control the operating costs quite briliiantly thus improve the margin and net profit of each project.....i therefore recommend strong buy for muhibah with revised tp of rm3.74.......2014 and onwards the company will definitely captured vital contracts and projects.....accumulate and keep.....accumulate muhibah....

Joel

4,580 posts

Posted by Joel > 2014-03-25 10:53 | Report Abuse

potential upside only at RM0.28.
look into others. thx.

Posted by Stevecheahsw > 2014-04-06 00:32 | Report Abuse

MIDF研究則認為,雖然PIC開跑無法令許多上市油氣公司直接受惠,主要因大多數油氣股涉審處上游領域,反而是那些涉足油氣土木工程的承包商和供應商,如戴樂集團、科恩馬集團(KNM,7164,主板工業產品組)、睦興旺工程(MUHIBAH,5703,主板建筑組)和依文仙台(SENDAI,5205,主板建筑組),將崛起成潛在贏家。

Joel

4,580 posts

Posted by Joel > 2014-04-08 18:40 | Report Abuse

Anytime will break TP given by RHB rm3.35.

Once is break TP, the next TP wil be announce later.

I miss Muhibah this stock, finally I entered some lots.

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