Hope everyone earns good from O&G this year.

Lol, now all in.

Posted by Dennis8888 > Jan 30, 2022 10:10 PM | Report Abuse

oil 100usd also cannot make money this buisness

Breaking through $90 on Wednesday, Brent crude has risen by almost 9% over January and, together with West Texas Intermediate, is now trading almost 80% higher than the start of 2021.

Ships’ bunker prices are rising in parallel. Very low sulphur fuel oil was priced at close to $690 in Singapore yesterday, a few dollars more in Fujairah, around $655 in Rotterdam, close to $670 in Houston, and more than $700 in LA/Long Beach.

https://www.seatrade-maritime.com/ship-operations/bunker-prices-set-continue-climbing

Hope this makes the QR results beautiful.

Hnmm, Tan Sri acquired again.

2 more share disposals reported this evening.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3231050

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3231052

Lol, how quickly people's emotion can change.

The proposed PP was passed with 53 votes (1,616,247,188 units - 99.8202%) against 12 (2,910,707 units - 0.1798%) among 65 voters with a total of 1,619,157,895 share units.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3231078

Interesting, someone absorbed 1 million + of shares at 0.075 which proves me wrong lol

Hi, I think everyone deserves to see the amendments made towards the announcement regarding the disposal of shares by two substantial shareholders. Both are disposal of shares via direct business transaction, rather than force selling. It seems that both shareholders owe the company certain amount of money?

https://www.bursamalaysia.com/bm/market_information/announcements/company_announcement/announcement_details?ann_id=3230969

https://www.bursamalaysia.com/bm/market_information/announcements/company_announcement/announcement_details?ann_id=3230970

Then, it's a very huge bet with more possibility of going down.

I guess they try to bite more than they can chew.

According to the announcements from Bursa, all of the transactions are caused by force selling. I thought force selling is only for margin calls?

Like waiting for lottery, lmao.

Lining up at 0.015

https://www.google.com/amp/s/oilprice.com/Energy/Oil-Prices/90-Oil-Is-Only-The-Beginning.amp.html

Hehe, hope this boosts their next QR results.

If no breakout, you can earn through dividends ma. Despite lower ASP for gloves caused by lower demand, glove makers still need to keep up their production which ensures the usage of glove fitters in the factories.

Dropped to 1.33 then goes up to 1.48 within 1 minute, bravo.

My theory proven correct, no one wants to buy 0.075.

Dropped 10 sens within 5 minutes.

Wow, interesting news, but I don't think it's a good news.

Same, if it's bad next quarter, I will just take out.

Agree, need to have that GLC signal.

Just 30 mins later all goes down.

Sedang naiklah, nak tunggu jap.

I mean, it is fine to buy FAST at 0.65 - 0.7, but no one wants to absorb 0.75 unless FAST proves their worth lol and they really had to.
I mean it's good that they try to transform into a better growing company through O&G and RE, and they dispose their losing divisions like Techfast Precision and Oriem Tech.
However, Malaysian investor won't care how grand your plan is, because what we want is results. So, if the both revenue and profit doesn't grow well, then bye bye.

@tonygofly, nope. Don't get your hopes too high first, FAST still need to prove its capabilities through its financial results. There is still risks to this company, rather than a smooth rocket to the moon.
In my opinion, those goreng rallies usually only can bring you to short lengths (maybe a 10% - 20%), then goes down flat for quite a period of time due to lower investor confidence caused by price volatility. So, I prefer it rises steadily and have people trust it.
To me, a bulky tank > a fragile sportscar.

Many people still think its business mainly comprise of machinery components, rather than oil & gas trading. So, I think this stock can't join the O&G goreng rally.

I get what you mean, @NorazmiAR since they totally screwed up big time with untimely RIs and private placements, haha.

I just invest a little for its spike in revenue last quarter [still negative profit though, very sad]. By the book, it is also undervalued and have pretty good outlook especially in O&G.
So, I just hope the coming quarter will be decent and they can fulfil the huge contracts they acquired recently (unlike Ageson). This is just my humble opinion and if it's wrong, I will definitely own it up.

NorazmiAR: O&G, Plantation, banking, construction still got potential to move up. CPO and Brent crude oil at all time high/7 years high. Wake up guys!!!

They sold Techfast Precision Sdn. Bhd. (16th July 2021)
https://www.bursamalaysia.com/bm/market_information/announcements/company_announcement/announcement_details?ann_id=3175895

They sold Oriem Technology Sdn. Bhd. (1st April 2021)
https://www.bursamalaysia.com/bm/market_information/announcements/company_announcement/announcement_details?ann_id=3144738

Out of 3 of its original subsidiaries, Cape Technology Sdn. Bhd. is the only one left.

So, now Fast Energy Holdings have 4 main subsidiaries as mentioned below:

1) Fast Energy Sdn. Bhd. - Provision of bunkering services, vessel chartering and trading of petroleum and commodities.

2) Cape Technology Sdn. Bhd. - Develop and produce industrial polymer for mold cleaning in semiconductors, and conditioning compound.

3) CCK Petroleum Sdn. Bhd. - Trading of petroleum products involving the trading of bunker oil and provision of oil bunkering services.

4) Fast Solar Sdn. Bhd. - Invests in solar, design, construct, operate solar and trading of any solar related products.

In summary, Fast Energy Holdings Berhad is mainly an energy company with O&G & RE portfolio along with an industrial product division.

Lol, Jovanechua just deleted all her comments after the poor QR results out. Come on, why can't you own it to your own mistake?

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3229555

AAX - Notice of Book Closure
AIRASIA X BERHAD

CONSOLIDATION OF EVERY 10 EXISTING ORDINARY SHARES IN AIRASIA X BERHAD ("AAX" OR THE "COMPANY") ("AAX SHARES" OR "SHARES") HELD AT 5.00 P.M. ON 11 FEBRUARY 2022 INTO 1 AAX SHARE ("CONSOLIDATED SHARE") ("SHARE CONSOLIDATION")

So, it's a Yin and Yang situation.

In this forum, you have:
1) Fanatical Supporters that hates Benji.
2) Fanatical Haters that hates Allan.

Congrats, AJIYA holders. Good QR and cumulative results.

Yeap, no problem. He's gone after he earned much from ATA.

Still not yet announce who will replace the position of chairman. Hope he/she will be a capable person.

The alan that was mentioned is called allanhuat, not alenac.

With the Ukraine invasion, oil prices increase. I hope it will make Fast Energy rises steadily.

TAFI - Notice of Bonus Entitlement
TAFI INDUSTRIES BERHAD

1) BONUS ISSUE OF 252,951,400 TAFI SHARES ON THE BASIS OF TWO (2) BONUS SHARES FOR EVERY ONE (1) EXISTING TAFI SHARE HELD ON THE ENTITLEMENT DATE



2) BONUS ISSUE OF UP TO 63,237,850 WARRANTS ON THE BASIS OF ONE (1) WARRANT FOR EVERY TWO (2) EXISTING TAFI SHARES HELD ON THE ENTITLEMENT DATE

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3229124

Press Release entitled "i-City, China Mobile partners to build Malaysia's first green smart building"

https://www.bursamalaysia.com/market_information/announcements/company_announcement?company=4251

Benny got suspended, so he can't reply.
https://klse.i3investor.com/servlets/cube/post/bennywhittman.jsp

Contra players playing this stock now, lmao.

However, Bursa rejected the request. I don't know why their public shareholding so low though.

They are requesting to lower the public spread requirements where 25% of the listing shares must be in the hands of the public.

Burnt, not burnted.

Hope it will be like what you said. If it's going to work, then lots of telecom vendors can benefit from it.

@Apple2353, which penthouse? The 2.49 or the 0.87 penthouse? I hope it can break through 0.87 and reach more than 1.00.

Don't know?

Hope it will rise steadily.

Can GFM benefit from from the upcoming ECRL continuation?