More stuff are happening after last week GM, especially good news

The exercise, which is expected to be completed by the second quarter of 2022, is not expected to have any material effect on Fast Energy’s earnings and earnings per share for the financial year ending Dec 31, 2022.

Fast Energy stated that its petroleum trading activities are capital intensive, as the group must have sufficient financial resources to secure and purchase the petroleum products needed to supply customers such as companies in the shipping or bunkering industries.

Fast Energy is engaged in the manufacture of rubber sheets for mould cleaning and the trading of LED epoxy encapsulation materials; the provision of bunkering services, the chartering of vessels and the trading of petroleum and raw materials; as well as the development of solar products.

monitor and wait for the right timing....

so optimistic... I say prepare for the worst lah...

here is i3, better just take it with a grain of salt.

be cautious, heading to bear market now

Yes, everything in malaysia is a scam. Look at all the scammer still walking around and eating super ring

Need more good news before rebound, market really looks bad now

bullish on fast, anyone check their new website yet?

rebound coming soon

last chance to accumulate

Oil bunkering business are starting to bring it steady income stream now

The company recorded net profit of MYR 241,000 for its bunkering, vessel chartering and petroleum trading operations during Q1 2022. Revenue for the segment was MYR 50.5 million during the similar quarter.

More profit expect for Q2

market is bleeding right now, no eye see

the company wont close down la, really blow very big

PP completed, fly time now

short term play = sell now, long term = hold

support is here, might dip a little bit to 0.05 then we'll see some bounce back

yesterday alot panic sell, now price is back

price still holding up

maybe you're right or i'm correct, hard to time the market this time around

wow bold prediction, very unlikely to reach 0.045

confidence are dropping like flies, but cheap to enter if you dare

Market looking bad today, bad start of the week

depends on your strategy

0.065 - 0.06 is a good buy, got chance to hit it today or tmr

took profit this morning, looking to buy in again

need to be patience if you want duit raya

@skyhighinvestor Still a decent energy company, might look up to cheap price this few weeks

“The recent increase in oil prices results in higher working capital requirements from oil bunkering players as supply needs to be secured at higher cost. This also dampens the profitability for this business segment. However, with the inflow of funds from the rights issue, management will be able to utilise the proceeds as working capital to fund a larger supply volume for our customers.

“Taking into consideration the growing demand for marine fuel oils as global trade and shipping activities gain momentum following reopening of economies, management is cautiously optimistic on the overall prospects of this business segment barring any unforeseen circumstances.”

whistleblower = insider in every company, always have the correct info

ignore him, your day will become better

:))

predict lord & the most hated guy in i3, hahaha

learning how to differentiate good and bad fund raising is another story, everyone have their own opinion about this

Stock market memang is about equity funding, no doubt about that

The exercise, which is expected to be completed by the second quarter of 2022, is not expected to have any material effect on Fast Energy’s earnings and earnings per share for the financial year ending Dec 31, 2022.

https://www.theedgemarkets.com/article/fast-energy-proposes-private-placement-raise-rm471m-petroleum-trading-business

rebound also fast

With the current price, downside is really the lowest right now

QR looking decent, already show improvement with this business model

YINSON & FAST on the list? still need more volume to push la

good luck! more to come next few weeks

still got chance, chill

Touching 0.8 sen this few days, support slowing forming

volume coming in and close green for the day, market is slowly gaining confident on FAST

TP 0.10 is possible if FAST manage to recover/rebound

nice, if it didnt hit 0.65 in this month, very likely it will pump as oil price are surging

support @0.65, sold too early i think