Last Price Today's Change   Day's Range   Trading Volume
0.26   0.00 (0.00%)  0.26 - 0.265  123,000
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General Meeting

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Ann. Date Date Time Type Venue View
27-Apr-2017 19-Jun-2017 12:00 AGM Hazel & Ivy Room, Level 2M, One World Hotel, First Avenue, Bandar Utama City Centre, 47800 Petaling Jaya, Selangor Darul Ehsan Meeting Detail
21-Apr-2017 19-May-2017 10:00 EGM Hazel & Ivy Room, Level 2M, One World Hotel, First Avenue, Bandar Utama City Centre, 47800 Petaling Jaya, Selangor Darul Ehsan Meeting Detail
18-May-2016 03-Jun-2016 16:00 EGM Crystal Hall 3, Level 4, Crystal Crown Hotel Petaling Jaya No: 12, Lorong Utara A, Off Jalan Utara 46200 Petaling Jaya, Selangor Darul Ehsan Meeting Detail
09-May-2016 03-Jun-2016 15:00 AGM Crystal Hall 3, Level 4, Crystal Crown Hotel Petaling Jaya No: 12, Lorong Utara A, Off Jalan Utara 46200 Petaling Jaya, Selangor Darul Ehsan Meeting Detail
08-Jun-2015 25-Jun-2015 16:00 EGM Crystal Hall 3, Level 4, Crystal Crown Hotel PJ, No.12, Lorong Utara A, 46200 Petaling Jaya Meeting Detail
28-May-2015 25-Jun-2015 15:00 AGM Crystal Hall 3 Level 4 Crystal Crown Hotel No:12 Lorong Utara A 46200 Petaling Jaya,Selangor Meeting Detail
05-Jun-2014 30-Jun-2014 17:00 AGM Board Room, Business Centre Lobby Level, Le Meridien Hotel Kuala Lumpur 2 Jalan Stesen Sentral Kuala Lumpur Sentral 50470 Kuala Lumpur Meeting Detail
04-Jun-2013 27-Jun-2013 17:00 AGM Kemuning 3, Bukit Kemuning Golf & Country Resort, Lot 6031, Batu 7, Bukit Kemuning, 42450 Shah Alam, Selangor Darul Ehsan Meeting Detail
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  6 people like this.
billionn Sei lor .23 coming soon lor pls hold on to it ah when it reaches .10 add some more
28/11/2017 15:47
billionn For those so called long term investor lol
28/11/2017 15:50
klugman never expect the volcanic eruption in Bali to disrupt sea travel as well, Looks like Straits Tanker's journey to Fantasy Island 88 has hit a snack, may be caused by mini tsunami from the volcanic eruption.Now seeking shelter at Refugee Island 27
28/11/2017 16:41
billionn Let me guess tomorrow would be 0.255 or 0.25 monday 0.23
28/11/2017 20:13
klugman ran777rpt, any idea when the fantastic news will be released? WII it be a gift from Santa Claus or a CNY ang pow? Or it will come much earlier?
29/11/2017 00:44
DL60 This company's latest quarterly result is a disappointment for those who had a high expectation for short-term gain target. But I believe itss long term prospect will remain intact.
29/11/2017 09:24
klugman ran777rpt and davidgoliath, we have not head from you two for one week. Really miss your comments..
01/12/2017 11:54
davidgoliath The management has done a great job this year. Turning around a almost dying company. I think next year will be an exciting year for Straits.
01/12/2017 19:47
ran777rpt I am still here. Not to worry, I won’t run just like that. My TP is around 38- 40. There is a good news which was told me. In this market sentiment, any good news will not materialise on the uptrend of price.Right? So have to be patient.
In this market, to my knowledge, the only counter which is blipping now and then is Palette.
So guys, be patient. Company is doing well so far. It will be good if they can acquire or join up with an entity so that they can really expand.
We pray ya.
01/12/2017 20:47
klugman davidgoliath and ran777rpt, it is so good to hear from you two. ran777rpt your words are very encouraging. They are like beacons in a very dark night, guiding our Straits Tanker from running aground or hitting some huge rocks so that we can reach our destination, Fantasy Island 88
01/12/2017 23:40
ran777rpt Good luck, klugman.
02/12/2017 00:01
klugman i think Straits needs a double dose of Viagra lah
04/12/2017 12:43
billionn purposely closed at 0.265 which looks very fishy! when are you selling at 0.24 fast fast lor
04/12/2017 23:49
davidgoliath billionn you are again trying your luck to spread negative news. Hoping to pick up cheap, cheap.
Excerpt from yesterday Edge, "“It’s no longer just about selecting a certain sector and hoping to profit from it. We have to look into individual counters and do our research — smaller caps that have done well in their financial results and share price performances, including companies like Straits Inter Logistics Bhd and Kelington Group Bhd,” he added.
05/12/2017 06:45
adisuffian83 i guess someone is very happy as today didnt purposely closed 265 lol
05/12/2017 20:00
billionn Seems like i dont need to talk down the price it is reaching soon 0.24 lol
05/12/2017 22:59
billionn Tatata coming soon0.24 then 0.2
06/12/2017 11:37
davidgoliath billionn when is your 0.24....0.20 coming
06/12/2017 19:01
billionn when it breaks 0.25 you guys better run. Agak thanks for the effort well done keep it up
06/12/2017 22:48
billionn obviously, pricing is trending lower low yet he is still question my motive. Sigh!
06/12/2017 22:54
davidgoliath Billion where is your 0.24 and then 0.20...,, anymore negative news???
11/12/2017 12:47
klugman double dose of Viagra do not seem to work. Needs a whole root of tongkat ali lah!
11/12/2017 13:11
klugman looks like billion may right after all
12/12/2017 19:00
billionn david you should know damn well who are you mingle with? This is a penny stock. Agak if you are the gang of this syndicate pls ask your boss to push up now no point ding dong ding dong it leads us nowhere wasting times. Learn from PUC la
12/12/2017 23:55
billionn or you can go sell down just to shake off the weak holder
13/12/2017 00:09
billionn or you are disposing off ? looks like
13/12/2017 00:13
AGAK Why this notorious billionn change tone oredi?
Oh , he kena trap inside zor. ROAR. LOL
13/12/2017 17:48
billionn Lol what makes you think u can trap me?
13/12/2017 22:46
13/12/2017 22:48
davidgoliath Guys, this is not a money game counter. If you are in for quick money then you will be disappointed. I had huge paper loss during Raya time. But now all have come back oledy. I have full confidence in the new management. They are creating values for this counter. Be patient la guys.
14/12/2017 08:04
klugman davidgoliath, any idea when the fantastic news you were talking about will be announced?
14/12/2017 09:07
davidgoliath It is ran777rpt who mentioned it. Any idea Bro ran777rpt
14/12/2017 09:14
BankNagara Wont be at this low price anymore when the last quarter results comes out as the oil bunkering business already operating for three months now
14/12/2017 09:42
billionn Lol last chance to sell too bad for those cannot make it
14/12/2017 18:43
billionn TP 0.24 is coming soon lor even if it's traded at 0.2 it's still not worth buying
14/12/2017 21:51
weavefinder "Straits, which currently owned 2 vessels, namely Sturgeon and Straits 1 (with a maximum load capacity of 510,000 liters each), is a major marine logistics company involved in the provision of premium oil bunkering services to marine and cargo bulk transporters, oil and gas vessels, floating production storage and offloading vessels, cruise ships and ferries".
The above statement is an excerpt from archives..
1) With just 2 vessels, the MD estimates a monthly sales volume of 8 million liters.

2) The key to this business, given the thin margins, is pricing and smart buying. In managing its business, the company focuses on gross spread, which is calculated by subtracting from sales of marine petroleum products ("mpp") the cost of mpp sold (the price paid to the supplier). Margins can range from 5 to 8 %. Marine petroleum products can range from USD 340-380/ tonne currently, averaging RM 1512 per tonne.

3) Lets estimate for 3 months (one quarter) business: with sales volume of 8000 tonne/month X 1512/tonne X 3 months X 6% gross spread = est 2.2 million as gross margins. Cannot precisely guess how much are the administrative and other expenses, but just assume 1mil every quarter. Thus for three months Net profit could be 1.2 mil. Thus about 4.8 mil per year translating into EPS of about 1.3 sen /share based on NOSH of 360 million after the rights issue. Since it is an ace market share, a PE of 20 to 25 times will give a price range of 26 sen to 32 sen.

4) They only started recently with 2 vessels. Either they ply the seas regularly for more sales tonnage or they would have to add few more vessels to enhance business volume and profitability.

I don't think it will be an attractive result, but more so as an acceptable result based on their capabilities in the next quarter. But give it about 4 to 8 quarters down the road as they expand, this co will definitely reward medium term holders.

Anyway, just my 2 sens worth!
14/12/2017 21:58
billionn Like I said it's not worth even 20 cents as of now
14/12/2017 23:43
davidgoliath Billionn if you think this counter is not worth investing. Just sell of all your shares and stop commenting negatively otherwise you have ulterior motifs. Either that you are part of a syndicate
15/12/2017 00:26
davidgoliath This is no longer a speculative counter. A turn around company working on strong foundations for medium to long term holders
15/12/2017 00:28
billionn How the hell u know this is a turn around company price is trending lower low? u should at least sell your now nbuy back later. buy back later products
15/12/2017 05:31
billionn Are you still in doubt abt my TP. 24 u should know by now and it is coming soon
15/12/2017 05:33
Growth_hunter Thanks weavefinder, it’s good to have some NPOV from people who have no skin in the game. Coincidentally, your projected EPS is pretty close to my estimation, which is actually worked out based on the Rm 45 million contract and 2% NPM. Given its clean B/S and the improving market sentiment, it could, in my opinion, fetch over 30 cents.
15/12/2017 07:15
weavefinder I concur with you growth hunter, on the 30 cents target play during this euphoric sentiment run-up. Further, I think the price will increase this month and the next, albeit small and gradual increments, prior to February when they report their final quarter. Perhaps they might hit 32 sen by then, bearing that sentiment is supportive in view of the run up to elections, which might be in March 2018 during the school holidays. But post-election period, the market situation only god knows.
David goliath, no point being so worked up on comments that is not your piece of cake. After all, if you are a holder beyond the T4 dabbling, prices between 24 sen and current 26 sen will not cause you sleepless nights! However, if you notice, yesterday the transaction volume has increased slightly with an upside bias.
15/12/2017 08:59
PW888 Good point, weavefinder. Davidgoliath, actually Billion's comment make this forum less boring. Like many other jokers, Billilhe disappear from this forum when the shares move up and resurface when the shares goes down. For the time being, the share price will range bound before moving upwards.
15/12/2017 09:20
klugman As headwinds have subsided. Straits Tanker will raise anchor and proceeds slowly and surely towards its destination, Fantasy Island 88.next week.
16/12/2017 10:12
weavefinder So now we can guess-timate that from this coming Monday until End March 2018, the maximum that it will reach is perhaps 29.5 to 30 sen, and for the price fixing it will be about 28 sen hovering for about 5 days.
This private placement is a bit of a letdown, taking off the steam from this co. Anyway, if you wanna make a 10% profit in the next 3 months, the co has already more or less defined the magnitude of your gain as well as the timeline,
16/12/2017 12:20
davidgoliath I am sure there is a purpose for this private placement. Ran777rpt please check your source if it is being placed out to a strategic investor, EPF, Ekuinas or some BIG fund house
16/12/2017 13:44
ran777rpt This private placement is to a party which is linked to a renowned investor, local. Not an institution like EPF etc.
16/12/2017 14:46
13808 Any thoughts on How will this private placement affecting the share price ?
16/12/2017 17:00
PW888 The positive side of it, the downside is limited.
16/12/2017 17:33


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