erhermmm excuse me

business still intact so all this technical stuff somwhat still applicable, if business jialat, technical or no technical oso GG one

no worries, GE will change the wind

flexibility in respect of financial allocations for the operational requirements of its oil bunkering, marine oil trading and renewable energy segment, which in turn may allow the Group to carry out operations in a more efficient manner.

oil bunkering, marine oil trading and renewable energy business has overtaken the mould cleaning rubber sheets segment as the main revenue contributor to the Group

but your comment no content at all BILLC, if u wanna bad mouth this counter, do a better job or else your boss wont be happy :)))))

KLSE entire market RED RED and you come out clown show again BILLC hahahahaha

look at Straits Logistic's QR for reference as well.

need a balanced oil demand where it isn't high yet not low

but risk to reward ratio is pretty good that's why i dare to put some in just need some patient for it to realize it's potential

overall market mmg not so good lahh everyone knows bout that, as long as company businesses and income are still intact, there's nothing much we investors can do

relek dulu, sit down at some cafe drink my hainan coffee, being excited to see what will happen next for FAST

all low volume, patient is key sometimes its better to make no move than many unnecessary actions

Amazing results but lack of recognition – FAST ENERGY HOLDINGS BHD


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.

crude brent priice surge, usd scare scare

Fast got USD 1.4 million in bank balance to hedge against the current weak economic situation anyway, so fret not

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.

wew still manage stay 0.035, TGIF guys !

may the year of 2023-2024 be the very prosperous year for FAST

more wise moves from the board

wait for news that "ports are overcrowded with ships after the borders are opened", then only you reenter

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.

everytime 0.03 - 0.045 swing trade, happy happy

wait for the VLSFO premium percentage to increase and the HSFO discount percentage to drop in order to buy back

According to Simply Wall Street, Firstberry Sdn Bhd only own a mere 0.3% (18 million units) in Kanger International Bhd, so it can't even be called a majority shareholder. However, it has 5.78% stakes (75.9 million units) in Fast Energy Holdings Bhd. The reason Firstberry became the substantial shareholder at first was because of Yap Yoon Sing, the resigned managing director traded his share for the share in Firstberry.

https://www.bursamalaysia.com/market_information/announcements/company...

goreng sooon <3

FED interest rate announcing later most likely will further impact the global market :")

A new subsidiary, Fast Energy Sdn Bhd has been established to undertake the provision of bunkering services, vessel chartering and other related activities.

"As part of our strategic plans, we are bidding for contracts to boost our orderbook and exploring earnings-accretive opportunities via strategic partnerships or merger and acquisition," he said.

Currently, Techfast is in the midst of acquiring a 35 per cent stake in CCK Petroleum Sdn Bhd, a Malaysian-based fuel supplier, for RM26.25 million via a combination of cash and issuance of new shares.

CCK Petroleum is involved in the trading of bunker oil and provision of oil bunkering services, involving the trading of marine fuels to ships, as well as other ocean faring vessels.

Established in 2013, it has a wide clientele base in the maritime industry with oil bunkering activities focused at transiting major ports in Malaysia.

"This acquisition puts Techfast on a stronger footing to capture a bigger share of the local bunkering market and enhance our financial resilience.

"Moving forward, we intend to expand CCK Petroleum's current trading network to include international ports as well," he said.

He said Techfast is also engaging fleet operators as well as companies in the shipping, transportation and logistics industry to secure medium to long-term contracts to ensure a sustainable income.

"Currently, we are in discussions with a major Malaysian bunker supply company operating at Port Klang, which will further expand our portfolio.

"We view this as an opportune time to diversify into the oil bunkering business in line with the recovery in global trade activities and marine transportation.

"Currently, there is a supply squeeze due to new bunker tanker requirements, requiring bunker operators to invest in new vessels. As such, we are also considering investing in new bunker tankers to increase our competitive advantage," he added.

This new business diversification allows Techfast to ride on the evolving maritime transport industry.

There is now an energy shift in the industry from oil-based fuels to cleaner alternative energy sources due to the upcoming International Maritime Organisation (IMO) 2030/2050 regulation, which aims to reduce the shipping industry's emissions of greenhouse gases by at least 40 per cent by 2030 and 70 per cent by 2050.

Due to this, newbuilds are opting for dual-fueled engines that can be powered by liquefied natural gas (LNG).

This presents an opportunity for Techfast to venture into the LNG bunkering space after establishing a market for traditional oil-based fuels.

"At the same time, we also anticipate activities in the oil and gas (O&G) industry to pick up. As bunker services are a critical support function to the O&G industry, we can directly benefit from a rise in O&G activities in Malaysia.

"We are excited to embark on this new journey that will enable us to expand our revenue base and scope of services. With our strategic plans in place, we are confident that Techfast is well-positioned to yield stronger results and deliver sustainable long-term value to our shareholders."

Techfast will seek the approval from its shareholders for the acquisition and diversification at a forthcoming extraordinary general meeting to be convened on March 11, 2021.

volumized up movement, good sign good sign

anyone know how much % of their revenue contribute by their oil bunker business??

nothing to see today , can rest earlier today hehe

never touch then nonid to talk here actually, touch already then only talk :)

this act could save your wallet <3

no worries, GE will change the wind

tapi so far low interest among investors, now still collecting time

pegang dan tunggu khabar baik, rezeki baek 2022

manage u get some this morning , hope this end of year will HUAT

mmg bumpy abit , price now is even more attractive hahahaha

arrange your risk management

imagine a nice burst rocket , this is life changing profit

but must make sure u arrange your portfolio and risk management nicely, dont do any rash move

not yet ba, if wan say holland, many counter go holland d

at the same time, this can be a rare opportunity dont you think ?

best decision ever on oil bunkering

macam durian tree, slowly but rewarding

how was the bank case ?

is it bad for caely now ?

plsssss keep it comeeinggg

nice up with volume before lunch!

like elijah said lol,

the first half of FAST is comprised of semiconductors, while the latter half is comprised of petroleum products, commodities, and bunker oil.

Obviously, the market has not taken into account FAST's prospective expansion in the area. But, fortunately for non-investors and the company, the ex-date for the rights offering, which is the next topic we'll discuss, is tomorrow.

i can oso say may go up to 50 sen lol come blow water can lahh hahaha

try my luck on 0.045