waiting for FAST to rebound ....

close your eye for 1 year

next week go again, mb small rebound

@ElijahYH profit from oil bunkering are starting to show, FAST still have profit from solar power plant in the future too

monitor after share consolidation

oil bunkering is a good play overall...

Waiting for the next big news now

jonathansiew, announcement coming this week??

Take profit first.....

Yup, buying point recently is getting strong.

vale0111 stock price still haven't reflected on the spiking oil price yet, more to come for FAST

https://www.manifoldtimes.com/news/malaysia-fast-energy-proposes-acquisition-of-cck-petroleum-sdn-bhd-shares/

The Proposed Acquisition would also increase the earnings of Fast Energy Group moving forward, premised on the Profit Guarantee provided by the vendor, Mohd Faizul bin Nasir, to Fast Energy for a period of one financial year up to the FYE 31 December 2023, of which the total profit attributable to Fast Energy is MYR 1,750,000 pursuant to the Proposed Acquisition as well as the future prospects of CCKSB.

CCKSB’s revenue is primarily contributed from the trading of marine fuel and adopts an asset-light business model whereby CCKSB does not own any vessels and instead relies on its suppliers’ vessels to deliver petroleum products directly to its customers.

Its business network enables the company to supply marine fuels to customers with marine operations in or that are transiting major ports in Malaysia in particular the Johor Port, Penang Port and Port Klang areas.

In the proposed acquisition, Fast Energy will acquire 175,000 ordinary shares, representing 35.0% equity interest in CCKSB, from CCKSB shareholder Mohd Faizul bin Nasir for a purchase consideration of MYR 28,000,000.

This amount is to be satisfied via a combination of MYR 23,972,660 in cash and MYR 4,027,340 via the issuance of 11,800,000 new ordinary shares in Fast Energy after the completion of the Proposed Share Consolidation at an issue price of MYR 0.3413 per Fast Energy Share.

Upon completion of the proposed acquisition, Fast Energy will hold 70% equity interest in CCKSB and accordingly, CCKSB will become a subsidiary company of Fast Energy.

The proposed acquisition is to consolidate profits generated by CCKSB into Fast Energy, and the acquisition of additional equity interest in CCKSB is expected to allow the Group to recognise a higher percentage of PAT (profits after taxation) from CCKSB, explains Fast Energy.

price at support range now, high chance of rebound in upcoming weeks

depends on esos issue price, of course the directors will keep their pocket full

queue at 5 sen now

its ok to take profit, collect back again

Fast is going to heat their engine soon. Time to boosted up

hahah, time to enter again ?

0.40 -0.60

0.60-0.40

still strong support at 1

Ev on going soon ?

volume don't lie, trying to break 0.07 these few days

queue again at 0.06...

good for FAST, but operational cost will increase too

if want buy, queue at 0.06

monitor first if you going to average down

TP 10 sen

wait for good price to enter...

I think most of us forget FAST still doing semiconductor business, so probably should able to turn around

everyday someone dumping in the morning, but push up again in the afternoon, buying momentum is strong

I think still need to be long run

Up down up down.So ganjiong

Company go to down trend

need more time to push up , stay strong , cooling down period

QR out???

Everything seems yet to be confirm ? monitor first, hopefully a good return

Hello

First to comment

Today rebound, tomorrow pull down ?

Seems like the share price going to breakout soon. Nice to enter

Arbb - Time game.
Problem - Trade Receivable .
Future - Yes -
Financial Statement - OK.
Balance Sheet - Improving -
Technical （support price)
Fundamental - Average above

Good Fa and perform company just market don't buy them, simple as that.
MrHoot wrote nothing wrong, he stated pro and cons too.
At the end of the story is, the decision still go to market.

Seems good... Limit up mou ?

https://guangming.com.my/6%e6%9c%88%e8%87%b3%e4%bb%8a%e6%b2%92%e7%87%9f%e6%a5%ad-%e9%8b%bc%e9%90%b5%e6%a5%ad%e8%99%a7%e4%ba%8630%e5%84%84

https://klse.i3investor.com/blogs/koonyewyinblog/2021-07-10-story-h1567920382-A_safe_strategy_during_pandemic_Koon_Yew_Yin.jsp

https://klse.i3investor.com/blogs/128Huat/2021-07-10-story-h1567922056-YBS_0025_The_Next_Potential_Break_Up_Stock.jsp

Slowly get recovery mood le. Nice

All price drop, kanger stand strong ?
lol. Meanwhile I think only can goreng vaccine stock ?