Posted by The_JQuestion > 1 month ago | Report Abuse

the downtrend for more than a year might as well go below 10 sens

Posted by Zezima > 1 month ago | Report Abuse

https://www.taiwannews.com.tw/en/news/4420115

Posted by awesome20 > 1 month ago | Report Abuse

keep monitoring

Posted by pineapple123 > 1 month ago | Report Abuse

0080 STRAITS STRAITS ENERGY RESOURCES BERHAD
SUBDIVISION / CONSOLIDATION OF SHARES (CHAPTER 13 OF LISTING REQUIREMENTS)

SUBDIVISION / CONSOLIDATION OF SHARES (CHAPTER 13 OF LISTING REQUIREMENTS)STRAITS ENERGY RESOURCES BERHAD (FORMERLY KNOWN AS STRAITS INTER LOGISTICSBERHAD) ("STRAITS" OR THE "COMPANY")PROPOSED CONSOLIDATION OF EVERY 2 EXISTINGORDINARY SHARES IN STRAITS ("STRAITS SHARE(S)" OR "SHARE(S)") INTO 1 STRAITSSHARE ("CONSOLIDATED SHARE(S)") ("PROPOSED SHARE CONSOLIDATION")You are advised to read the entire contents of the announcement or attachment.To read the entire contents of the announcement or attachment, please accessthe Bursa website at http://www.bursamalaysia.com

Posted by awesome20 > 1 month ago | Report Abuse

looks like a good strategy by the company to make money before warrant expiry

Posted by Jayson4896 > 1 month ago | Report Abuse

Are you sure is good strategy?

Please don't miss leading people lah, share consolidation normally is negative impact for the share.

Please refer VC, Icon, kanger, mtouche.. all are going to hell!!

Posted by M55555 > 1 month ago | Report Abuse

Those you mentioned above who got into negative impact of of NOSH of Billions and like 10 to 1 and so... and many of them are lost making company and don't even know what they really want to do. MOUs after MOUs. Straits less than 1 million and only 2 to 1 , and a profit making company. Hard to compare. Nobody know the what the result and the actions of those large holders.

Posted by M55555 > 1 month ago | Report Abuse

Few top holders held over 40% of the stocks or more. Only ikan bilis swimming aimless ly left and right following the current. It only take one big wave to send all helter skelter

Posted by pineapple123 > 1 month ago | Report Abuse

BUY AND KEEP. SHARE CONSOLIDATE 2 TO 1 IS because the share spread is wide. This consolidation is not those penny stock kind of consolidation.

Posted by M55555 > 1 month ago | Report Abuse

PP first tranche already completed.
https://www.bursamalaysia.com/market_information/announcements/company...

Posted by mni75 > 1 month ago | Report Abuse

PP up to 20% daripada jumlah saham terbitan Straits (tidak termasuk saham perbendaharaan) kepada pelabur pihak ketiga- Tranche Pertama- 91,340,000 Saham Straits baharu yang diterbitkan tranche pertama Cadangan Penempatan Persendirian telah disenaraikan. berkuat kuasa dari 9.00 pagi pada 18 Februari 2022 @ Lembaga Pengarah pada 7 Februari 2022 telah memutuskan untuk menetapkan harga terbitan bagi tranche pertama PP pada RM0.151 setiap Saham . Harga terbitan RM0.151 setiap Saham Placement mewakili diskaun kira-kira 9.53% kepada VWAP 5 hari sehingga 4 Februari 2022, iaitu hari terakhir dagangan sebaik sebelum tarikh penetapan harga, sebanyak RM0.1669 setiap Saham.

PP pun belum selesai, sudah diumumkan share consolidation? Apa jadi dengan pengumuman PP sebelum2 ini untuk dapatkan PP 20% dari saham Straits sedia ada atau 182juta unit saham? Apakah akan ada price fixing sebelum consolidate atau selepas consolidate?

Seperti yang dilaporkan sebelum ini bahawa urus niaga dijangka selesai pada suku pertama 2022. Selesai atau tidak? Bagaimana pula dengan PP? Sekarang Tranche Pertama dah selesai, Tranche Kedua bila ke macamana? ??.
atau Tranche ke 2 tunggu untuk bayar waran sekiranya ada pemegang warran menukar kepada mothershare?

Posted by pineapple123 > 1 month ago | Report Abuse

in 2 months from the date of announcement

Posted by Zezima > 1 month ago | Report Abuse

On 15 December 2021, an announcement made that Bursa had approved shares lisiting up to 186,811,479 for Straits (when it says "up to" its not necessarily have to be that amount..its maximum scenario)
They did first tranche PP for 91,340,000 shares and now they going for share consolidation.
If they really wanna go for total 20% PP (186,81,479 new shares) as proposed earlier..they would consider that in their share cosolidation announcement under maximum scenario (total shares + all warrants converted)..however they only stated existing Straits shares only -882mil (after PP first trance completed)+ all warrants converted for the maximum scenario..
If they do PP after share consolidation..the amount of new shares will be different that announced earlier as the total shares have been reduced..so that wont make any sense..
My opinion is that they prefer the remaining fund raising via warrant conversion.
I believe big announcement coming soon as they seem confident that share price will fly after consolidation..maybe acquired big contract? or STS completed? or GEM listing approved? who knows..my 2 cents

Posted by mni75 > 1 month ago | Report Abuse

with 882,188,895 shares outstanding and 143,208,500 warrants in circulation as of the 25th of last month. The company expects the consolidation of the stock to be completed in the third quarter of this year as reported by Nanyang Thu, Apr 07, 2022 07:26pm .So not in 2 months...it is logic bexause Warrant will expire in August 22...

Posted by Zezima > 1 month ago | Report Abuse

It is logical if consolidation happens before warrant expire as they already consider the scenario in their full annoucement.
Anyhow, we shall see..

Posted by Zezima > 1 month ago | Report Abuse

Well..the share consolidation proposal is subjected to shareholder's approval..which is likely to be tabled for voting in the upcoming AGM..so @mni75 is probably right (as reported by Nanyang)

Posted by Zezima > 1 month ago | Report Abuse

https://www.freemalaysiatoday.com/category/highlight/2022/04/11/japan-...

Labuan's waters seems to be the most strategic locations to carry out the business..Straits may be one of the key players in this deal (as they are the port operator and doing STS activity within the area)

Posted by Zezima > 1 month ago | Report Abuse

https://www.dailyexpress.com.my/news/141777/labuan-to-gain-from-lng-sh...

Posted by pineapple123 > 1 month ago | Report Abuse

wah, straits give dividend. when was the last time they give dividend? haha

Posted by Zezima > 1 month ago | Report Abuse

this is their first time giving dividend

Posted by M55555 > 1 month ago | Report Abuse

Hari ini dalam sejarah. There is always a good start .

Posted by M55555 > 1 month ago | Report Abuse

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

Posted by Zezima > 1 month ago | Report Abuse

http://www.onenews.my/transaksi-victoria-sts-bernilai-rm1-bilion-petan...

Posted by Zezima > 1 month ago | Report Abuse

Judging by their ability to give dividend soon..im expecting for an improved earnings to be reported on upcoming QR

Posted by The_JQuestion > 4 weeks ago | Report Abuse

moving like a pn17 company... rugi ka?

Posted by Zezima > 4 weeks ago | Report Abuse

@The_JQuestion the share price is based on investor interest..the company doesnt have control of it..soon..when ppl realise how good this company is..that time too late to collect at cheap price..

Posted by Zezima > 4 weeks ago | Report Abuse

https://www.theborneopost.com/2022/04/14/barter-trade-to-be-revived-in...

https://youtu.be/gwdMcQPfu6E

Another good prospects for Straits

Posted by Gen2 > 3 weeks ago | Report Abuse

Avarga sold 100% of their holdings within one year !!
https://www.nst.com.my/business/2021/03/670085/avarga-investment-buys-...

Posted by Raccoon > 3 weeks ago | Report Abuse

Avarga cash out dan untung beberapa juta dalam satu tahun. Easy money for them.

Posted by Gen2 > 3 weeks ago | Report Abuse

Avarga cash out at loss still wanna out ! Why ?

Posted by Raccoon > 3 weeks ago | Report Abuse

Gen2. Kalau saya tak salah. Avarga dapat at 0.17 and rata rata they jual at 0.20. 15% return in less than satu tahun. Whoa..........

Posted by Gen2 > 2 weeks ago | Report Abuse

https://www.theedgemarkets.com/article/insider-moves-berjaya-food-bhd-...

When they sold the rest 50% ?

Posted by Jayson4896 > 2 weeks ago | Report Abuse

30big share holder from 2017 hold 70%++ until latest 50%++

Posted by awesome20 > 2 weeks ago | Report Abuse

Jayson4896 why keep commenting here if you are not interested with Straits?
another thing, don't compare this with your thoughts on VC, Icon, kanger, mtouche.
those related to Menara Lien Hoe gang

Posted by M55555 > 2 weeks ago | Report Abuse

I think he is doing something... reverse psychology . To talk bad , will give good result.

Posted by Jayson4896 > 2 weeks ago | Report Abuse

Awesome20 This is a public platform, what's wrong with my comments?
I'm saying the truth is not allowed?
It's just allow a dream talk?

You are very funny!!

Posted by MIDASTOUCH87 > 1 week ago | Report Abuse

https://disclosure.bursamalaysia.com/FileAccess/apbursaweb/download?id...

Posted by Raccoon > 1 week ago | Report Abuse

https://api.nst.com.my/business/2022/05/795345/straits-energys-unit-co...

Posted by Jayson4896 > 1 week ago | Report Abuse

Yeah!! is good news..

See you at 0.115.

Posted by M55555 > 1 week ago | Report Abuse

You may continue .No one stop you. There are positive and negative energy people . You reap what you sow
+++++
Jayson4896

Awesome20 This is a public platform, what's wrong with my comments?
I'm saying the truth is not allowed?
It's just allow a dream talk?

You are very funny!!

Posted by Raccoon > 1 week ago | Report Abuse

https://youtu.be/0yCk72Ih5iI

Posted by SarifahSelinder > 1 week ago | Report Abuse

STS

Looks kinda impressive

But billings wise how much can Strait charge for one STS transfer like this one?

RM 2m 1m 500k 50k?

Posted by Zezima > 1 week ago | Report Abuse

USD 185K or (RM500K) per STS, i hope its very lucrative in terms of profit margin

you can refer this article https://www.klsescreener.com/v2/news/view/868583

Posted by Ron90 > 6 days ago | Report Abuse

revenue from just merely 200 mil in 2018 to 1.3 billion last year (6x in just 4 years), and this year would touch 2 billion with additional Port Kelang business, Vietnam contract, STS Victoria and increase oil price.. and finally dividend will be paid this year.. Price should be at least 20 cents. .. but sentiment towards this counter..very very low. Safe for preserve cash at this situation.

Posted by Jayson4896 > 6 days ago | Report Abuse

Straits current liability 217.77mil, current asset 186.06mil

Current liability higher than current asset is normal or abnormal?

Posted by Zezima > 6 days ago | Report Abuse

https://youtu.be/0yCk72Ih5iI

Posted by Zezima > 1 day ago | Report Abuse

https://www.freemalaysiatoday.com/category/nation/2022/05/20/transport...

Posted by sthamn5039 > 1 day ago | Report Abuse

Dividen.....0.002
20000 units =$40.00
June
Ex date