For the longest time, FAST ENERGY HOLDINGS BHD (FAST) had been neglected due to its business being dragged by its non-profitable mould cleaning rubber sheets and LED epoxy encapsulant business, which had resulted in a loss.

In May 12 however, things had started to take a turn. The company had disposed 100% equity interest in Cape Technology Sdn Bhd, which is good for the shareholders in value creation.


Plus, in tandem with other non-profitable companies which include Oriem Technology Sdn Bhd and Techfast Precision Sdn Bhd, the 3 now-disposed or ceased subsidiaries had resulted in RM0.72 million in net losses. Investors must take note that this will no longer impact FAST going forward.

The acquisition is also consistent with KPS’ long-term business strategy of enhancing the group’s fundamentals by pursuing opportunities that would take us further on the trajectory of sustainable growth and continuous value creation,” he said.

Ahmad Faris said the expected higher market share would give KPS more strategic positioning relative to its peers.

"As this acquisition would further strengthen our core manufacturing business with the platform to move towards higher margin products, it is expected to contribute towards shaping a more robust group’s financial performance with broader earnings base and visibility, and ultimately, enhance shareholder value

With a widened array of capabilities adding to its existing competitive advantage and value proposition, Perangsang Dinamik could offer more holistic solutions to the engineering support industry, and ultimately, the machinery and equipment industry, having even broader skillsets than some of the larger players in the industry

KPS) expects to enhance its future profitability on an enlarged earnings base with the acquisition of a 100 per cent equity stake in MDS Advance Sdn Bhd via its wholly-owned subsidiary, Perangsang Dinamik Sdn Bhd, for RM85 million.

The purchase consideration of RM85 million values MDS Advance within the industry benchmark in terms of enterprise value/earnings before interest, tax, depreciation and amortisation (EV/EBITDA) ratio of 7.9 times, which will be fully satisfied by internally generated funds, KPS said in a filing with Bursa Malaysia today.

More funds are coming in for oil bunkering.... price are going to stay at current level for quite some time. fast Group well-positioned to win more contracts

from their old declining business, to making hard decision to dispose, till now, it's not easy

good thing we all finally went thru it through transition year 2021 - 2022

Keep monitoring the price movement. It will breakout in due course, remain performance will do is good enough, anything else will let market to decide

FAST had already been consolidating for the 3rd month consecutively, and traders can begin to monitor any potential upward movements going forward

It will continue to focus on its growth and expansion in Indonesia through the Lotte Chemical Indonesia new ethylene project and bring value to its shareholders. — Bernama

President and chief executive officer Park Hyun Chul said this would amount to a total dividend payout of RM318.4mil, translating into a dividend yield of 9.58% based on the closing share price of RM1.46 on Nov 24, 2022.

“This special dividend is intended to reward our shareholders for their continued and unwavering support,” he said in a statement.

Petrochemical producer Lotte Chemical Titan Holding Bhd has declared a special dividend of 13.98 sen per share for the financial year ending Dec 31, 2022, payable on Dec 29, 2022.

Lim noted that being a small player in the total confectionary, sweets, biscuits, and savoury snacks category - currently worth RM4.2bil in Malaysia - Cocoaland has room to grow, especially in the healthy and functional range.

He added that F&N plans to build upon Cocoaland’s strengths and invest in the brands to introduce new portfolios such as plant-based and health & wellness products.

In the third quarter ended Sept 30, 2022, Cocoaland recorded a net profit of RM10.6mil, up from RM4.1mil a year earlier, while revenue jumped 55.8% year-on-year to RM71.7mil.

He added that Cocoaland's popular snacks and confectionary also complement F&N and Sri Nona to create a wider portfolio for the group's expansion overseas, especially to halal markets.

On the domestic front, Lim said Cocoaland can leverage F&N's expansive distribution network and procurement synergies.

Concomitantly, Cocoaland offers ample capacity for expansion with four maunfacturing plants in Malaysia to supports F&N's existing business and future growth

Sharing the plans in store for Cocoaland Holdings Bhd, Fraser & Neave Holdings Bhd (F&N) CEO Lim Yew Hoe said the group's long-term goal is to build the 40-year-old candy maker into East Asia's most recognisable gummy manufacturer and a leading producer of chocolate products internationally.

As at Nov 25, Cocoaland has been delisted from the Main Market of Bursa Malaysia following its acquisition and privatisation by F&N.

"With our existing good relationship with Cocoaland’s management and the injection of a fresh team of professional and experienced leaders into the company, we are optimistic about capturing future opportunities that will drive our expansion to other global and domestic markets

volume 2M as expected, we are back to busy market days guys hahaha

im trying my luck at 11 sen, see if can pick up some leaks hehehehe

since we have our 10th PM, now all shop can have 10% discount ?

semua salah BN, support sape pun salah skrang hahahahaha

Already park long time , like a seed, it takes some patient to wait for it to grow and become a big tree

fast has successfully secured several contracts to deliver a range of marine fuel oils to prominent customers in various industries, and fast is aiming to fulfill the supply of 30,000 tonnes ahead of schedule.

BN most likely wont join PN, else they will get pushed aside by PAS for sure

whole market now moving slow, many un-sure factors, price wont move too much

anyway out of topic abit, who you voting for ?? :)))

be sensible with investing, also, be sensible when asking question hahahahahaha

Apex Securities computed that Top Glove would need to achieve a total market capitalisation of RM12bil from its current standing at RM8.37bil before Nov 21 to keep its place in the index.

“The third bottom stock, Inari Amertron Bhd, stands at RM9.8bil, while while AMMB and QL’s market caps stand at RM13.2bil and RM13bil respectively,” it said.

The rise in the share prices of Top Glove Corp Bhd and Hartalega Holdings Bhd might be too little too late from being relegated from the benchmark FBM KLCI in the upcoming review of the index unless Top Glove can gain another 45 sen while Hartalega by 70 sen by this week.

optimism from many fronts that the oil market is headed towards bullish territory; the Monthly Oil Market Report stated that “in 2023, expectations for healthy global economic growth, combined with anticipated improvements in the containment of COVID-19 in China, are expected to boost oil consumption

0.12 selling fast, get your ticket fast

will wait weekly turn better then it is a good time to enter again

overall KLSE index doing okay today, hopefully can bring along the momentum

For the full financial year ended June 30, Inari posted a net profit of RM390.92mil, up 18.3% from RM330.47mil a year prior, while revenue grew 8.4% to RM1.55bil against RM1.43bil previously.

Meanwhile, CGS-CIMB Research has cut Inari’s financial year (FY) 2023-2024 EPS by 10% to 11% to account for softer mobile device demand amidst risks of a slowdown in the global economy in 2023.

TA Research said beyond near-term headwinds from China lockdowns and geopolitical tensions, which have added pressure on global supply chains, it remains optimistic on the company’s growth prospects.

The research house added that this was underpinned by Inari’s core radio frequency (RF) segment, amid the nascent 5G smartphone upgrade cycle and customer diversification programmes.

TA Research, which has a “buy” recommendation on the company with a target price of RM3.30, said it also views upside for Inari from potential merger and acquisitions and large-scale acquisitions, supported by its robust net cash position.

As for FY21, the group’s dividend payout ratio was 12.69%. “We do not have a formal dividend policy but we have paid out dividends to reward our shareholders for their support in the group,” Ng says.

Tomei’s current dividend yield is 3.19%, with a price-to-earnings ratio of 2.2 times, according to Bloomberg data.

GOLD prices have been on a downward trend since March, falling by over 11% as the safe haven appeal of gold is eroded by higher US bond yields and firm US dollar.

Amid expectations that gold prices may weaken further, one may wonder how jewellery makers would be impacted.

one nice wave to surf on today, hope this is a big and long lasting one hehehehe

up movement with volume, nice continue "put volume put volume"

arrange your risk management, and portfolio sizing, stay vigilant guys

nice burst rocket preparing, imagine life changing profit :)

when u see news ports are overcrowded with ships after the borders are opened, u know what to do :)

Numerous case studies demonstrate that oil bunkering is frequently quite challenging, but that once it recovers, it can make up losses of up to five to ten years. However, Fast is still doing well and is profitable; this is a ready endeavour to continue doing well.

first quarter of 2022, made a net profit of MYR 241,000 from its bunkering, vessel chartering, and petroleum trading operations.

During the same period, revenue for the segment was MYR 50.5 million.

The speed with which FAST can increase its profitability in the oil bunkering area – which, as we previously stated, is projected to be quite excellent based on the current view – is one important point to look up for the company.

What's more significant to investors like us is that now is the perfect opportunity to buy shares since the price has been impeded by investors who totally don't comprehend what's going on.

many has enter the game today, good momentum

today's momentum seems nice

testing 0.125 0.13, overall KLSE index doing okay today, hopefully can bring along the momentum

if drop below 0.12, need to wait for next resistant signal

wait today market end see, if can stay above 0.12, tmr can consider enter abit

if this doesnt suit your appetite, no one can stop you from getting out,
if choose to stay, AH MA aunties bring flower sedan chair oso cannot bring you out :)

every small moves to make the company grow and profitting, stay on or get off bus all is personal choice

now everyone can become Fortune Teller, sifu tell you drop or up, must believe

apple and michael enjoying their own little drama

Peoples with clear mind and clear eyes just sit back and relax, watching this 2 monkey show :)