The Tenacity of TH Heavy Engineering Berhad

Fabricating a Future 

In spite of the 20 points fall on Bursa KL, this bulldog of a penny stock held a tight grip to its price range in trading all day today.

In the last 30 minutes, I tried to get in on the action by pegging a price of 33.5 sen for its warrants.

Surprisingly, there was no rush for the sellers to give in to the bargaining power of the buyers on such a terrible trading day.

So, when I checked my trading status, it registered ' expired'.

Tomorrow is Friday again and it will be another day when buyers will come in to pare down prices.

Will THHE stand up to the pressures or will it succumb and re-trace back to 50 sen for the stock and at 30 sen for its warrants?