Consolidation mode for FAST currently. Wait for good news to come then

They use the money to do share buybacks.

Close at 12 cents more likely today

China company is very protective on their reputation one. Like this unfortunate event happened, they sure cut the tie with this company

Seems like the market is alrdy digesting the fact that this company is going to do RI. Good sign 👍

then waiting for it to break 50 cents again..

Mr. Leong is also the director of Sersol Berhad. FAST is going to expand into another business? 🤔

Operators are not goreng I guess...That's why it's not moving a lot

It turned profit in this quarter 1 alrdy and believe FAST also can generate profit in Q2 too as oil market is robust in second half of this year

but wonder why Revenue can extend up to March 2024 to convene AGM...

https://theedgemalaysia.com/node/673857

According to Tax Guru, the AGM should be held within six months from the end of the financial year and the gap between AGMs of 2 consecutive years shall not be more than 15 months. Registrar may extend the AGM for any special reason, by a period not exceeding three months.

We never know its proposal of right issue will be approved by shareholders or not... wait for FAST to announce EGM then

Got announcement of bonus issue? Only declare dividend, right

According to Bunker Fuel Market Research, the global bunker fuel market size was valued at $109.6 billion in 2020, and is projected to reach $164.9 billion by 2030, growing at a CAGR of 4.3% from 2021 to 2030.
Fast got chance to move up to 20 cents again in long run~

It will drop further if it's classified as PN17

can say so by looking its recent price movement ... I q at 10 cents by the way, hehe

As long as their workers get paid, they don't care one 😆

O&G counters are moving strong today, guess FAST will follow up soon

Good Q1Fy2024 result compared to same quarter last year

Oil demand is forecast to rise in 2H2023. More bunkering business for FAST

Surprisingly, its latest QR has better performance than last quarter 😲

Now waiting for this company to announce EGM in order to get its proposal of RI and business diversification approved ...

Still got people or company will take up its private placement?😁

You're right, tonygofly. Hold tight and patiently wait for the moment to come then

Wonder why there still have trading volume in this counter...ha

Get ready then, it might show a breakout anytime. hehe

How much does the company hold now after this mass share buyback?

Nice, Q2 was out alrdy and it turned profit as we expected. Prepare for it to move up high

Certain people will go the other way around and 'revisit' this counter😂

Just a minor retracement due to this news I guess..

https://www.thesundaily.my/business/oil-settles-lower-as-china-fears-rate-hikes-counter-tight-us-supply-JE11373486

Means this company still has value to SC and Bursa to 'gather' funds 'legally' . hehe

It's a 'calm before storm' phenomenon 😁 people start coming in at 3pm something

@flytothemoon. Totally agreed with you

In future, probably they will focus more on RE and distribution of electronic devices. Currently, oil bunkering business is still its main stage

That news is a good catalyst for Dsonic currently. ha

News is very variable one, one day says demand is good, another day say demand is weakened...btw just grabbed some at 10 cents this morning. hehe

Powerless to hit 50 cents this Dsonic even with election news...wait Q1 result then this month end

Hopefully their smart devices segment will contribute more revenue to this company for the following quarters as more exposure for Freeyond in the market occurs after it works together with The Badminton Association of Malaysia.

lol, wearing short is just a small matter. The main problem is how these parties are going to patch up the economy and reduce the wealth gap in Malaysia

hard to retrace back to 8 cents I think ...current O&G market sentiment is quite positive

Got announcement of bonus issue? Thought only got announcement of appointment of new auditors recently😅

No sign of price retracement. I think it will consolidate until Q2 is released

The company keeps doing share buybacks. Will hit 50 cents this Friday?

India’s Oil Demand Continues to Rise and it's driven by its expanding economy, increasing vehicle sales, and ongoing industrial and urban development

https://www.energyportal.eu/news/indias-oil-demand-is-rising/131948/

Wonder they will postpone releasing Q4 result as well...

People are still relying on traditional energy sources, e.g. coal, oil, gas, etc. The world is not ready to transform into full RE yet

Goreng political counters during political event. Ha

Slow cook makes the best dishes. Be patient and savor that good 'food' later

Lol. Why my post was removed since there's a company called Convenue at US 😅

Not everyday eating viagra or tongkat ali one, definitely need some break time 😆