STRAITS ENERGY RESOURCES BERHAD

KLSE (MYR): STRAITS (0080)

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Last Price

0.105

Today's Change

-0.005 (4.55%)

Day's Change

0.105 - 0.11

Trading Volume

1,855,200


7 people like this.

4,186 comment(s). Last comment by AKM1 1 week ago

JK22

1,789 posts

Posted by JK22 > 2021-08-11 10:00 | Report Abuse

Still many selling at 0.21 and collecting back at 0.205 . Can make some KFC meal everyday

JK22

1,789 posts

Posted by JK22 > 2021-08-11 10:01 | Report Abuse

sorry to said , i did the same...hahahaha

Posted by tuancapital > 2021-08-12 18:03 | Report Abuse

Anyone can enlighten regarding collaboration between straits and PDB?do they have any formal meetings or document rather than Straits perhaps met CEO PDB somewhere and talk then straight to media release?because i cant find any document on PDB announcement regarding this so called collaboration. Seems like PDB not aware any of this or just play2.

Posted by tuancapital > 2021-08-12 18:07 | Report Abuse

I managed to find that there is announcement regarding PDB and Petco Labuan. Soon after on 5 july straits announced to collaborate. Maybe straits was there on meetings. Maybe related to petco. But how strong this collaboration?is it gonna be forever or there is time period?how strong this media release.?

JK22

1,789 posts

Posted by JK22 > 2021-08-12 22:56 | Report Abuse

MD keep collecting and someone out there still throwing in down. Small bilis don't know what is the game and is on its way.

Chasing news is not a way to invest as it is already too late. When a good news come, the price is no longer cheap. That's why no surprise to notice sell on news . There are always some who know the news earlier (or else who to make announcement, or how to called it a news) .

If we believe the company direction or prospects , trust the capability of the management , and accept it to be positive in micro and macroeconomics and it sustainability. Then we can put in our investment . It might take a while, 1 to 2 or more years.. but this is an investment.

https://www.theedgemarkets.com/article/straits-inter-logistics-gets-green-light-develop-asias-largest-sts-energy-transhipment-hub

https://www.theedgemarkets.com/article/straits-inter-logistics-partners-petdag-provide-marine-fuel-oil-local-ports

https://www.manifoldtimes.com/news/straits-inter-logistics-associate-banle-energy-seeks-hkse-gem-ipo-listing/

https://www.theedgemarkets.com/article/straits-inter-logistics-signs-deal-manage-labuan-liberty-terminal

https://www.manifoldtimes.com/news/straits-inter-logistics-plans-rm-10-million-upgrade-for-labuan-liberty-terminal/

Drachen

249 posts

Posted by Drachen > 2021-08-19 08:43 | Report Abuse

QR should be announced any time now. Expect better results.

bleuerouge

3,221 posts

Posted by bleuerouge > 2021-08-19 21:41 | Report Abuse

195-200 should be good entry.

JK22

1,789 posts

Posted by JK22 > 2021-08-23 15:22 | Report Abuse

QR this week. Hope can have some good news , rather then just another reporting

bleuerouge

3,221 posts

Posted by bleuerouge > 2021-08-23 22:48 | Report Abuse

heard QR this Fri, should be good play….

Posted by fadzlirazak > 2021-08-25 17:07 | Report Abuse

Hope will be some good news in QR.

Posted by AlvisWong > 2021-08-30 14:19 | Report Abuse

Quarterly result just released, and Straits posted a good result.

bleuerouge

3,221 posts

Posted by bleuerouge > 2021-08-30 18:31 | Report Abuse

rest day before the storm on wednesday…cheers

Posted by Nocutloss95 > 2021-08-30 18:36 | Report Abuse

are you sure there will be storm?

Posted by Almondnut88 > 2021-08-31 18:25 | Report Abuse

Storms down or storm up?

Jayson4896

157 posts

Posted by Jayson4896 > 2021-09-01 07:17 | Report Abuse

Very funny guy, still dreaming this share can storm.
Hahaha...

Posted by Nocutloss95 > 2021-09-01 09:30 | Report Abuse

tired with this stock

Posted by Almondnut88 > 2021-09-02 21:27 | Report Abuse

WTF… same story no declares any dividend event make a lot profit .

Posted by BilisKahKah > 2021-09-02 21:36 | Report Abuse

zombie stock kah kah

bleuerouge

3,221 posts

Posted by bleuerouge > 2021-09-03 09:31 | Report Abuse

storm was delayed until today, hahaha…

Posted by Almondnut88 > 2021-09-03 10:02 | Report Abuse

Where got storm? Just half cents!

Jayson4896

157 posts

Posted by Jayson4896 > 2021-09-03 11:01 | Report Abuse

Trap you at price 0.210 than sell down.

Posted by ipohwhitecoffee > 2021-09-03 11:08 | Report Abuse

looks like a real trap LMAO

JK22

1,789 posts

Posted by JK22 > 2021-09-03 12:02 | Report Abuse

It is no trap. Just bilis and traders taking profit . Coming months the price will not stay at current price.....

https://www.theedgemarkets.com/article/straits-inter-logistics-gets-green-light-develop-asias-largest-sts-energy-transhipment-hub

.................The company expects to commence and complete the development of the STS Energy Transhipment Hub, which includes setting up the key facilities and equipment such as tugboats, pneumatic fenders, LNG cryogenic equipment and single point mooring system by the fourth quarter of 2021,” it said.

Straits said the hub will be its flagship energy project which will be located within the port limits of Victoria Bay deep water area spanning 3,309 hectares, supporting an initial six STS berths with safe water depths of up to 30 metres.

“The development will advance the introduction of state-of-the-art multi-functional energy transhipment facilities that will be able to accommodate LNG carriers up to the size of a Q-Max and Very Large Crude Carrier,” said Straits......................

Jayson4896

157 posts

Posted by Jayson4896 > 2021-09-03 12:56 | Report Abuse

Wah this old news trap many people loh, I shame with you...

Posted by Almondnut88 > 2021-09-03 14:18 | Report Abuse

Yes, old news 2nd Ogos.

JK22

1,789 posts

Posted by JK22 > 2021-09-03 15:37 | Report Abuse

What so shame? I am just telling those weak holder do not sell for 1 cents gain or worst if to cut loss. Unless you can find a better pennies stock out there. BETTER PENNIES Stock.

2nd August news , Correct , but the result will not be seen until end of this year.

Do not wait to chase news , as it will only cause buy high sell low. Those who have information already collected before any news out .

I am just sharing one of the prospect that almost realized . Not to mention others yet to know the result such as Banle GEM HKG listing status, Petdag partnership/collaboration... etc

Jayson4896

157 posts

Posted by Jayson4896 > 2021-09-03 18:09 | Report Abuse

explain long word no use, price still no move.
time will prove anything.

bleuerouge

3,221 posts

Posted by bleuerouge > 2021-09-03 19:08 | Report Abuse

value investing guys, value investing if you keen

Jayson4896

157 posts

Posted by Jayson4896 > 2021-09-03 19:52 | Report Abuse

Refer back beginning of March, a very good news announcement Singapore Avarga buy 10% cost 0.175, 2nd day share price fly high but unfortunately is one day show only..

After that what happen??

Announce director disposed all share at open market

History already happen n happen, that's why I never believe this conman company Always sell on news!!

Zezima

62 posts

Posted by Zezima > 2021-09-04 10:12 | Report Abuse

which announcement told director disposed?
dont be too smart..the substantial share holders holding percentage got reduced because of private placement practice..if you are too dumb to understand english, dont simply use word "con"

Fklim888

1,613 posts

Posted by Fklim888 > 2021-09-04 15:05 | Report Abuse

Sell on news....

Albukhary

3,001 posts

Posted by Albukhary > 2021-09-04 15:11 | Report Abuse

May God bless everyone in this forum that share correct information.

And for those who purposely share incorrect information, with the intention to push down the price, to laugh at people that loss money, hope God will forgive him and give him a chance to change.

bleuerouge

3,221 posts

Posted by bleuerouge > 2021-09-05 19:52 | Report Abuse

Thank you Albukhary

Raiz368

1,590 posts

Posted by Raiz368 > 2021-09-06 00:24 | Report Abuse

Net worth will increase every qrt so the price will be increase...TP above 50 cent by year end.

Jayson4896

157 posts

Posted by Jayson4896 > 2021-09-06 06:52 | Report Abuse

Zezima please explain, the latest annual report 30 share holder which invester name is Avarga?

I can't find it..

Zezima

62 posts

Posted by Zezima > 2021-09-06 08:16 | Report Abuse

my fren..that annual report is for last year (FY2020), avarga bought 10% shares this year March (FY2021), you will see it in 2021 Annual Report which will come out next year.. understand?
Here I quote what Dato Sri Ho Kam Choy said recently..
“They (Avarga) are also looking to expand their business in this region and they see some opportunities in Straits. Moving forward, if there are any business opportunities or projects that Straits undertakes, we will definitely talk to them [to come in] as a strategic partner because both of us are listed companies and have the same vision to grow the group.

“This includes the STS hub. It doesn’t necessarily mean that they (Avarga) have to be involved in the businesses that they are presently in, namely paper manufacturing, building materials distribution and power generation,” says Ho.

source --> https://www.klsescreener.com/v2/news/view/868583

Jayson4896

157 posts

Posted by Jayson4896 > 2021-09-06 08:45 | Report Abuse

Bro, please check carefully regarding the announcement and annual report.

Avarga aquire date at 01 March 2021

And annual report 30 share holder is updated until 17 May 2021

Are you sure Avarge name showing at 30 share holder at next year annual report??

Zezima

62 posts

Posted by Zezima > 2021-09-06 09:05 | Report Abuse

my bad bro, here..
UOB Kay Hian Nominees (Asing) Sdn Bhd Exempt An
For Uob Kay Hian Pte Ltd (A/C Clients) - 10.16%

this should be it..

Zezima

62 posts

Posted by Zezima > 2021-09-06 09:58 | Report Abuse

jayson4896, if u dont believe me then u can compare with Annual Report 2019 (as at 30 April 2020), at that time no "UOB Kay Hian Nominees (Asing) Sdn Bhd Exempt An For Uob Kay Hian Pte Ltd (A/C Clients)" in the top 30 list at all..but one year later boom 79milliom shareholdings..sometimes they put remiser on behalf of their company name..

JK22

1,789 posts

Posted by JK22 > 2021-09-06 21:22 | Report Abuse

If don't believe and don't feel good here , why still stay. Plenty others pennies counters to go.

https://www.avarga.com.sg/acquisition-of-shares-in-straits-inter-logistics-berhad-a-company-listed-on-bursa-malaysia/

Zezima

62 posts

Posted by Zezima > 2021-09-07 09:20 | Report Abuse

many ppl said that the director, substantial shareholders including avarga sold their shares at high price (in march) and bought back at low price..the. truth is none was selling their shares..some even increased their stakes by buying more shares..lol..

Jayson4896

157 posts

Posted by Jayson4896 > 2021-09-07 09:25 | Report Abuse

Write long word no use, today big selling down lah....

Zezima

62 posts

Posted by Zezima > 2021-09-07 09:54 | Report Abuse

then u sell lah lol..gambling mindset

JK22

1,789 posts

Posted by JK22 > 2021-09-07 10:00 | Report Abuse

0.005 to 0.01 cent sold down and bought up is not selling selling down or limit up. Just daily trade movement . Thousands of retailers hold over 100k each. Making few hundreds buck everyday selling 0.005 to 0.01 and later buy back.

Posted by Almondnut88 > 2021-09-07 10:58 | Report Abuse

Syndicate also give up this counter! Escape all the ways…. Maybe something is wrong?

Posted by Nocutloss95 > 2021-09-07 11:00 | Report Abuse

maybe the operator still hold??

Posted by Almondnut88 > 2021-09-07 11:36 | Report Abuse

Maybe Hong Kong list was rejected?

Jayson4896

157 posts

Posted by Jayson4896 > 2021-09-07 15:11 | Report Abuse

Zezima, got many fundamental stock why you select straits?

Are you sure Straits is good fundamental stock?

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