Stock Name: MHB
Company Name: MALAYSIA MARINE AND HEAVY ENG
Company Name: MALAYSIA MARINE AND HEAVY ENG
| Research House: MIDF | Price Call: HOLD | Target Price: 1.27 |
Showing posts with label MHB. Show all posts
Showing posts with label MHB. Show all posts
June 16, 2015
April 28, 2015
Stabilising global crude oil price a boon
Stock Name: MHB
Company Name: MALAYSIA MARINE AND HEAVY ENG
Company Name: MALAYSIA MARINE AND HEAVY ENG
| Research House: MIDF | Price Call: HOLD | Target Price: 1.27 |
February 6, 2015
Closing A Tough Year with a Whimper
Stock Name: MHB
Company Name: MALAYSIA MARINE AND HEAVY ENG
Company Name: MALAYSIA MARINE AND HEAVY ENG
| Research House: TA | Price Call: SELL | Target Price: 1.47 |
Bleak outlook for offshore fabricators
Stock Name: MHB
Company Name: MALAYSIA MARINE AND HEAVY ENG
Company Name: MALAYSIA MARINE AND HEAVY ENG
| Research House: MIDF | Price Call: SELL | Target Price: 1.19 |
November 4, 2014
First contract wins for the year
Stock Name: MHB
Company Name: MALAYSIA MARINE AND HEAVY ENG
Company Name: MALAYSIA MARINE AND HEAVY ENG
| Research House: MIDF | Price Call: HOLD | Target Price: 2.32 |
August 6, 2014
MHB - Full year earnings likely to disappoint
Stock Name: MHB
Company Name: MALAYSIA MARINE AND HEAVY ENG
Company Name: MALAYSIA MARINE AND HEAVY ENG
| Research House: MIDF | Price Call: SELL | Target Price: 2.78 |
MHB - Shrinking Profits & Orderbook
Stock Name: MHB
Company Name: MALAYSIA MARINE AND HEAVY ENG
Company Name: MALAYSIA MARINE AND HEAVY ENG
| Research House: TA | Price Call: SELL | Target Price: 3.72 |
May 8, 2014
Malaysia Marine & Heavy Engineering - Challenging times ahead as margin thins
Stock Name: MHB
Company Name: MALAYSIA MARINE AND HEAVY ENG
Company Name: MALAYSIA MARINE AND HEAVY ENG
| Research House: MIDF | Price Call: SELL | Target Price: 3.02 |
February 12, 2014
MHB - Tail-end projects weigh down earnings
Stock Name: MHB
Company Name: MALAYSIA MARINE AND HEAVY ENG
Company Name: MALAYSIA MARINE AND HEAVY ENG
| Research House: MIDF | Price Call: SELL | Target Price: 2.66 |
October 23, 2013
MMHE - Lacklustre performance weighs down earnings
Stock Name: MHB
Company Name: MALAYSIA MARINE AND HEAVY ENG
Company Name: MALAYSIA MARINE AND HEAVY ENG
| Research House: MIDF | Price Call: HOLD | Target Price: 3.36 |
October 8, 2013
MHB - Block SK316 Project Value Below Expectations
Stock Name: MHB
Company Name: MALAYSIA MARINE AND HEAVY ENG
Company Name: MALAYSIA MARINE AND HEAVY ENG
| Research House: TA | Price Call: SELL | Target Price: 3.29 |
September 30, 2013
MMHE - Second major win for the year
Stock Name: MHB
Company Name: MALAYSIA MARINE AND HEAVY ENG
Company Name: MALAYSIA MARINE AND HEAVY ENG
| Research House: MIDF | Price Call: HOLD | Target Price: 3.76 |
August 15, 2013
MMHE - No silver linings
Stock Name: MHB
Company Name: MALAYSIA MARINE AND HEAVY ENG
Company Name: MALAYSIA MARINE AND HEAVY ENG
| Research House: MIDF | Price Call: HOLD | Target Price: 3.59 |
May 22, 2013
Off to a slow start - Earnings from Malikai yet to kick in
Stock Name: MHB
Company Name: MALAYSIA MARINE AND HEAVY ENG
Company Name: MALAYSIA MARINE AND HEAVY ENG
| Research House: MIDF | Price Call: HOLD | Target Price: 3.97 |
April 8, 2013
Getting Into Better Shape
Stock Name: MHB
Company Name: MALAYSIA MARINE AND HEAVY ENG
Company Name: MALAYSIA MARINE AND HEAVY ENG
| Research House: MIDF | Price Call: BUY | Target Price: 4.75 |
February 13, 2013
Long Overdue Malikai TLP Win
Stock Name: MHB
Company Name: MALAYSIA MARINE AND HEAVY ENG
Company Name: MALAYSIA MARINE AND HEAVY ENG
| Research House: TA | Price Call: HOLD | Target Price: 4.60 |
December 7, 2012
Damar gig official announcement by ExxonMobil
Stock Name: MHB
Company Name: MALAYSIA MARINE AND HEAVY ENG
Company Name: MALAYSIA MARINE AND HEAVY ENG
| Research House: MIDF | Price Call: HOLD | Target Price: 4.75 |
October 2, 2012
Malaysia Marine upgraded to 'reduce'
Stock Name: MHB
Company Name: MALAYSIA MARINE AND HEAVY ENG
Affin Investment Bank upgraded Malaysia Marine and Heavy Engineering Holdings Bhd to "reduce" from "sell" and raised its target price to RM4.60 per share from RM4.02, on optimism about the oil and gas service firm's future contract flow.
"Taken together the 13 percent fall in share price year to date, we think that further downside is limited," the research house said in a note on Tuesday.
Affin raised Malaysia Marine's FY2012-FY2013 contract win assumptions to RM3 billion-RM4 billion (US$980.23 million-US$1.31 billion) from RM2-3 billion previously. The brokerage also lifted its FY2013-FY2014 earnings per share forecast by 13-14 percent. -- Reuters
Company Name: MALAYSIA MARINE AND HEAVY ENG
| Research House: AFFIN | Price Call: TRADING SELL | Target Price: 4.02 |
Affin Investment Bank upgraded Malaysia Marine and Heavy Engineering Holdings Bhd to "reduce" from "sell" and raised its target price to RM4.60 per share from RM4.02, on optimism about the oil and gas service firm's future contract flow.
"Taken together the 13 percent fall in share price year to date, we think that further downside is limited," the research house said in a note on Tuesday.
Affin raised Malaysia Marine's FY2012-FY2013 contract win assumptions to RM3 billion-RM4 billion (US$980.23 million-US$1.31 billion) from RM2-3 billion previously. The brokerage also lifted its FY2013-FY2014 earnings per share forecast by 13-14 percent. -- Reuters
August 3, 2012
Weak 1H12 but Orderbook is Growing
Stock Name: MHB
Company Name: MALAYSIA MARINE AND HEAVY ENG
Company Name: MALAYSIA MARINE AND HEAVY ENG
| Research House: TA | Price Call: HOLD | Target Price: 5.86 |
MIDF cuts Malaysia Marine to 'hold'
Stock Name: MHB
Company Name: MALAYSIA MARINE AND HEAVY ENG
MIDF Research cut its rating on Malaysia Marine and Heavy Engineering Holdings Bhd (MMHE) to "hold" from "buy" after the firm announced disappointing second-quarter earnings.
MMHE's earnings declined 28 percent quarter-on-quarter and 29 percent year-on-year, while its first-half earnings accounted for only 38.7 percent of the market's full-year earnings forecasts.
"We believe that at this point in time, MMHE's market price has run ahead of its valuation," MIDF said in a research note on Friday.
The research house cut its earnings forecast for the financial years 2012 and 2013 by 12.8 percent and 11.4 percent, respectively, and reduced its order-book replenishment assumption to RM1.5 billion per annum.
MIDF also cut MMHE's target price to RM5.06 per share from RM5.97 previously. -- Reuters
Company Name: MALAYSIA MARINE AND HEAVY ENG
| Research House: MIDF | Price Call: HOLD | Target Price: 5.06 |
MIDF Research cut its rating on Malaysia Marine and Heavy Engineering Holdings Bhd (MMHE) to "hold" from "buy" after the firm announced disappointing second-quarter earnings.
MMHE's earnings declined 28 percent quarter-on-quarter and 29 percent year-on-year, while its first-half earnings accounted for only 38.7 percent of the market's full-year earnings forecasts.
"We believe that at this point in time, MMHE's market price has run ahead of its valuation," MIDF said in a research note on Friday.
The research house cut its earnings forecast for the financial years 2012 and 2013 by 12.8 percent and 11.4 percent, respectively, and reduced its order-book replenishment assumption to RM1.5 billion per annum.
MIDF also cut MMHE's target price to RM5.06 per share from RM5.97 previously. -- Reuters
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