Posted by tuancapital > 2021-09-14 20:49 | Report Abuse

aleesya . business activities is approved by government agency.u must know they must have dateline to ensure business start operate or else license can be revoke. as mentioned on news, business is expected to commence on 4th quarter

Posted by aleesya > 2021-09-14 22:05 | Report Abuse

Will monitor. Tks tuancapital.

Posted by davidkkw79 > 2021-09-15 09:11 | Report Abuse

wow...@tuancapital must be syndicate member, otherwise how come just promote yesterday then today straightly up

Posted by Keep Going > 2021-09-15 14:35 | Report Abuse

Why the profit margin for this company is so low ? Below 1% ???

Posted by Zezima > 2021-09-15 16:40 | Report Abuse

@keep going, they rolled their profits in the last four years (from 2017) to establish their business infrastructures (including purchase of vessels..starting from 2 vessels in 2017 now they currently own 14 vessels in 2021).
Dato Ho Kam Choy claimed that their infrastructures have established and now look forward to reward shareholders with dividends in the near future.(quote from:https://www.klsescreener.com/v2/news/view/868583)

Posted by MrRightMrLeft > 2021-09-15 19:24 | Report Abuse

They need to squeeze their profit so that no need to pay more tax but buy more asset..this play could last very long long time to bcome fruitful n when it does...VOILA..!! So it only suitable for long term investor not trader/punter/gamblers...

Posted by Slc1 > 2021-09-17 18:10 | Report Abuse

Tuancapital, what's your TP?

Posted by tuancapital > 2021-09-18 08:12 | Report Abuse

RM1

Posted by tuancapital > 2021-09-18 08:30 | Report Abuse

Group’s prospects

With the letter of approval (“LOA”) received from Marine Department Malaysia for the development of Ship to
Ship (“STS”) Energy Transhipment Hub to provide and carry out liquid cargo transfer activities, the Group is looking
to widening its business coverage into the STS operations. The new business is estimated to commence by fourth
quarter of 2021 and the Group aims to be a major player in the Sustainable and Alternative Energy industry in
addition to its current fuel bunkering and port operation business.

On 5 July 2021, the Group has announced that its 70% owned subsidiary, Tumpuan Megah Development Sdn Bhd
(“TMD”), will be collaborating with Petronas Dagangan Berhad to provide Marine Fuel Oil to vessels within all ports
in Malaysia. This collaboration will be value-adding to both parties’ to extend its business coverage.

Meanwhile, the COVID-19 pandemic continues to pose challenges to the global business environment since its
outbreak in March 2020. The economy outlook remains highly uncertain with the continuous mutation of the
COVID-19 virus and more movement control are expected to be reimposed to break the chain of infection.

With the majority of the Group’s businesses being classified as essential services, the Group able to continue
operating and concurrently complying with the Standard Operating Procedures (“SOP”) to ensure the safety and
wellness of its employees and also to ensure the continuous growth and smooth execution of its expansion
programs.

Nonetheless, the Board of Directors and management of the Company are closely monitoring the impact of this
pandemic on the Group’s result from time to time and to ensure appropriate risk mitigation measures are
undertaken to preserve value and protect shareholders' interests

Posted by tuancapital > 2021-09-18 09:30 | Report Abuse

BUSINESS OUTLOOK IN 2021

Straits has a diversified business portfolio, comprising
Oil Trading & Bunkering Services, Inland Transportation
& Logistics, Vessel Management and the recent Port
Operation & Facility management services, which is a
key business sector undertaken by its indirect subsidiary,
Megah Port Management Sdn Bhd.
The Board expects that the net profit attributable to the
port management business segment may represent more
than 25.0% of the total net profit of Straits Group in the
financial years moving forward.
In addition, the Board believes that the Group’s increased
equity interest in Tumpuan Megah Development Sdn Bhd
(“TMD”) from 55% to 70% which took place in first quarter
of 2021 will further contribute positively to the Group’s
future net profit, premised on the established technical
expertise and resources of TMD in oil bunkering services
and trading of oil and petroleum products.
Straits is also pleased to welcome Avarga as its new
strategic shareholder in March 2021. Avarga Investment
Pte Ltd, a wholly owned subsidiary of Avarga Ltd
(“Avarga”), a public listed company on Singapore SGX
has become a substantial shareholder of Straits and
Avarga has expressed its interest to pursue further
strategic collaborations with Straits in the long run.
The Board is strongly committed to a pro-active and
uncompromising safety environment throughout the
Group and wider industry to ensure that the right safety
practices, behaviours, policies and culture are in place.
As we embark on a new financial year, we are cognisant
of the continuing economic uncertainty in the markets
which we serve and the inevitable business headwinds
and ensuring that we have the established systems and
policies in mitigating any risks ahead.
With Covid-19 vaccines being made available
worldwide, we can look forward with optimism that the
storm is expected to pass on and it can only get better in 2021.

Posted by tuancapital > 2021-09-18 09:31 | Report Abuse

taken from annual report 2020.

key point port business will contribute 25%.

Posted by Slc1 > 2021-09-18 15:15 | Report Abuse

Thanks.....@tuancapital

Posted by WMY2188 > 2021-09-20 11:12 | Report Abuse

@tuancapital...Thanks

Posted by Keep Going > 2021-09-20 13:12 | Report Abuse

@Zezima, Thanks...

Posted by Keep Going > 2021-09-20 15:21 | Report Abuse

@ tuancapital, How you derive your TP of RM1.0 ? Any basis ?

Posted by tuancapital > 2021-09-20 15:31 | Report Abuse

Keep Going u ask worng question. its why question instead how.

Posted by Keep Going > 2021-09-21 11:37 | Report Abuse

@ tuancapital, Thanks.

Posted by Nocutloss95 > 2021-09-22 14:20 | Report Abuse

next is when?haha

Posted by Slc1 > 2021-09-24 18:39 | Report Abuse

Just wait patiently.

Posted by MIDASTOUCH87 > 2021-09-25 12:17 | Report Abuse

https://www.fxtank.com/xiangganggushi/157933.html

Resubmit the application--- BANLE INT HK, subsidiary of STRAITS

Posted by JK22 > 2021-09-27 12:49 | Report Abuse

It would be a matter of time before every puzzle get in place.

Posted by Nocutloss95 > 2021-09-27 16:41 | Report Abuse

dump again

Posted by tuancapital > 2021-09-27 17:08 | Report Abuse

https://www.astroawani.com/berita-malaysia/rmk12-malaysia-sasar-jadi-hab-pengangkutan-logistik-menjelang-2025-321974

Focus on port business

Posted by Bgt 9963 > 2021-09-27 17:09 | Report Abuse

Profit taking...!

Posted by Almondnut88 > 2021-09-27 17:59 | Report Abuse

51% for bumiputra….

Posted by Zezima > 2021-09-27 19:00 | Report Abuse

@tuancapital not to forget..labuan-menumbok bridge is currently on RFP phase..the result will be determined soon (this October- tentatively). The construction of this bridge (Labuan to Sabah Mainland) will be a game changer for Victoria Port of Labuan which it will become a logistical hub. Also to note that Straits is port operator of Victoria Port of Labuan.

Posted by Ny036 > 2021-09-27 19:00 | Report Abuse

https://www.klsescreener.com/v2/news/view/885809/straits-energy-eyes-5g-rollout-projects-with-partner-seashore

Posted by Zezima > 2021-09-27 19:00 | Report Abuse

https://www.thevibes.com/articles/news/25433/labuan-sabah-bridge-not-just-an-amenity-transport-expert

Posted by tuancapital > 2021-09-27 19:47 | Report Abuse

Thanks Zezima for the share and couldnt agree more

Posted by JK22 > 2021-09-27 21:13 | Report Abuse

Bringing offshore into connectivity not new, but yet a biz opportunity and prospect.

https://www.offshore-technology.com/features/featurebringing-offshore-into-4g-connectivity-4496524/

Posted by Raccoon > 2021-09-28 00:07 | Report Abuse

https://www.thesundaily.my/business/straits-energy-seashore-tech-team-up-eye-4g-and-5g-deals-AF8403112

Posted by Jayson4896 > 2021-09-28 18:33 | Report Abuse

Poor guy, the price still no up..

Posted by Jayson4896 > 2021-09-29 06:25 | Report Abuse

Top glove boss also buys his own stock, and the stock price decreases as he buys it.

You can check it.

Posted by lewis3333 > 2021-09-29 14:17 | Report Abuse

ahahah

Posted by Almondnut88 > 2021-09-29 17:50 | Report Abuse

Hahaha…..interesting dialogue

Posted by drteh84 > 2021-09-29 20:32 | Report Abuse

earnings have been good since 2017.. no idea why the price like that ...

Posted by Jayson4896 > 2021-09-30 09:38 | Report Abuse

Oil&gas stock price now is up, fast energy 0084 also up.

Have any body can explain why straits stock price is reverse down trend?

Posted by JK22 > 2021-09-30 14:45 | Report Abuse

Someone still refuse to let go up. Still selling it down although buyers demand is more than 10X sellers and volume. Making a cent gain daily is very tempting

Posted by Almondnut88 > 2021-10-05 00:45 | Report Abuse

Dow collapse but oil prices increase

Posted by Jayson4896 > 2021-10-05 09:09 | Report Abuse

Come on straits!! Oil & gas already up....
Don't sleep liao....

Posted by awesome20 > 2021-10-07 20:44 | Report Abuse

straits soon test 52w high
reason? not now to tell that rumor

Posted by Lucky Kau > 2021-10-07 22:02 | Report Abuse

@awesome 20, really? I already hold 2 year.

Posted by Almondnut88 > 2021-10-08 00:57 | Report Abuse

I also hold more than 2 years….

Posted by nahcee > 2021-10-08 10:08 | Report Abuse

Logistic theme playing, stay tuned

Posted by davidkkw79 > 2021-10-08 11:29 | Report Abuse

This counter is logistic company ? I thought it is oil counter

Posted by Jayson4896 > 2021-10-08 11:58 | Report Abuse

Straits is under logistics, but their major customers are oil n gas.

Oil n gas sector & logistics sector already up trend, straits still sleeping.

Posted by tuancapital > 2021-10-08 11:58 | Report Abuse

The company expects to commence and complete the development of the 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.


STS TRANSSHIPMENT HUB

Posted by Jayson4896 > 2021-10-08 15:34 | Report Abuse

The STS transship hub is next year story, this year won't have any performance.

Possible need wait after next year Sept only have show.

Posted by davidkkw79 > 2021-10-08 15:49 | Report Abuse

Wow, then that's mean got 2 theme lei, got oil & logistic, double engines !

Posted by Slc1 > 2021-10-08 15:50 | Report Abuse

I just park my money here while waiting for it to fly to the moon.