STRAITS ENERGY RESOURCES BERHAD

KLSE (MYR): STRAITS (0080)

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Last Price

0.125

Today's Change

-0.005 (3.85%)

Day's Change

0.125 - 0.13

Trading Volume

421,200


7 people like this.

4,183 comment(s). Last comment by Daily88 4 days ago

Posted by IkanMasinAlive > 2017-10-24 19:43 | Report Abuse

Losing momentum and heading south. Good news better come soon.

klugman

600 posts

Posted by klugman > 2017-10-25 10:53 | Report Abuse

caption has re calibrated the course and will turbo charge to Fantasy Island 88 very soon

momok

66 posts

Posted by momok > 2017-10-25 13:10 | Report Abuse

going south and wait to re enter

ran777rpt

2,945 posts

Posted by ran777rpt > 2017-10-25 13:47 | Report Abuse

The team has met the Investor twice but no follow up yet. No news out yet on the meetings.
I am worried too on the outcome.

Posted by davidgoliath > 2017-10-26 08:26 | Report Abuse

Anyone has any idea when their Q3 results will be out?????

klugman

600 posts

Posted by klugman > 2017-10-26 09:50 | Report Abuse

ran77rpt can you kindly give us a clue as who the investor is? such is a GLC, PLC, or an IINDIVIDUAL

ran777rpt

2,945 posts

Posted by ran777rpt > 2017-10-26 11:39 | Report Abuse

Klugman, I would not be able to say anything now. I feel bad if I mention the investors and if it doesn’t materialise, then it would be a disaster for many here who will be buying at this price.
I have a big portfolio here too.
Ultimately it boils to risk taking.
However I am at a comfortable price of 23 cents and if it goes down in price I would be able to come out immediately.

klugman

600 posts

Posted by klugman > 2017-10-26 11:56 | Report Abuse

ran777rpt. Well said. Hope it is the bottem now

Posted by davidgoliath > 2017-10-26 14:33 | Report Abuse

The mother share and warrant price still very stable despite overall market down

klugman

600 posts

Posted by klugman > 2017-10-26 15:07 | Report Abuse

AGAK you appear to be a student of KOON YY

Posted by TongKee Yam > 2017-10-26 20:30 | Report Abuse

Sold! Still holding the warrants.Cheers!

Posted by davidgoliath > 2017-10-26 23:00 | Report Abuse

What happen to AGAK comment??? It was here on the blog earlier today

momok

66 posts

Posted by momok > 2017-10-26 23:36 | Report Abuse

Correction coming. Few days before somebody dispose share in bundle.

momok

66 posts

Posted by momok > 2017-10-26 23:37 | Report Abuse

Sold and still holding warrants.

billionn

731 posts

Posted by billionn > 2017-10-27 11:01 | Report Abuse

Run.. for your life

Posted by davidgoliath > 2017-10-27 11:18 | Report Abuse

Momok any reason why you sold the mother share and holding the warrant

Posted by davidgoliath > 2017-10-27 12:57 | Report Abuse

No need to run. Time to accumulate. I am sure their Q3 results also +++ positive. Turnaround counter/stock of the year.

13808

22 posts

Posted by 13808 > 2017-10-27 13:06 | Report Abuse

Agreed with AGAK. Go ahead and throw it cheap now. Plenty of people waiting to pick it up. Remember not to cry when it shoots up later.

Posted by davidgoliath > 2017-10-27 14:00 | Report Abuse

Agreed Bro Agak and 13808. I have been buying and following this counter last 2 years. Seen their market cap grow from 20 mill to 100 million. I am sure it will touch 120-130 million by year end.

saubergoh

15 posts

Posted by saubergoh > 2017-10-27 16:41 | Report Abuse

Hi beginner here.. should i top up the warrant now ? I did buy some few days back but not moving..i have research it n seem all good review...

lcng123

1,109 posts

Posted by lcng123 > 2017-10-27 22:53 | Report Abuse

if it seem good, just top up and wait....

Lk036

929 posts

Posted by Lk036 > 2017-10-28 07:06 | Report Abuse

Anyone here know the relationship of oil price with straits.? Will high oil price benefit straits?

13808

22 posts

Posted by 13808 > 2017-10-29 08:41 | Report Abuse

See no reason to sell short term. Price has been holding steadily strong. Selling in view of less than 20% correction isn’t investment, no more than a quick gambling.

Posted by davidgoliath > 2017-10-31 09:34 | Report Abuse

ran777rpt any further News

Posted by IkanMasinAlive > 2017-10-31 12:58 | Report Abuse

Straits price will continue to slide In absent of good news. Hopefully it will hold and good news coming sooner than later.

Posted by investklse > 2017-10-31 16:40 | Report Abuse

It is holding up well. No need to panic

billionn

731 posts

Posted by billionn > 2017-10-31 18:32 | Report Abuse

Next tp 0.245 hold on tight la

klugman

600 posts

Posted by klugman > 2017-11-01 01:33 | Report Abuse

instead of .245, i think it will be .425 when the 3rd qtr results are announced at the end of this week or early next week.

13808

22 posts

Posted by 13808 > 2017-11-01 07:08 | Report Abuse

Oil & Gas industry rebounded and with more activities at platform bases, it should help to propel Straits higher. 3rd and 4th quarter result should be good. This is good time to accumulate and hold, waiting only for Result announcement. Don’t miss the boat of this price correction period.

momok

66 posts

Posted by momok > 2017-11-04 17:20 | Report Abuse

Price already 100% gain since July 2017. Maybe correction coming.

Hawks

20 posts

Posted by Hawks > 2017-11-05 18:37 | Report Abuse

Straits is into marine bunkering. In terms of volume sale, oil price has minimal impact. Ship movements across Malacca Straits is the key factor for as long as there are passing ships, there will be a demand for marine fuel

Lk036

929 posts

Posted by Lk036 > 2017-11-05 23:57 | Report Abuse

Rumours mentioned there will pp in a month or two. Price will push up to 0.4 by end of the year. How true cannot confirm. Take own risk if one want to made money.

Posted by TongKee Yam > 2017-11-07 12:45 | Report Abuse

If q result +ve, 31 sen no problem.

GTMS

560 posts

Posted by GTMS > 2017-11-07 15:33 | Report Abuse

should be solid as oil price rose

billionn

731 posts

Posted by billionn > 2017-11-08 21:53 | Report Abuse

aiyo mampus better run................................... next TP0.245

klugman

600 posts

Posted by klugman > 2017-11-09 16:02 | Report Abuse

Agak, well said. He can only fool newbies. And that is only sometimes only not all the times

Alson168

29 posts

Posted by Alson168 > 2017-11-09 18:34 | Report Abuse

mother hold strongly, but son keep dropping

ran777rpt

2,945 posts

Posted by ran777rpt > 2017-11-10 10:10 | Report Abuse

Q result is confirmed positive. Will update further as time comes. Expected in exactly 2 weeks time.

ran777rpt

2,945 posts

Posted by ran777rpt > 2017-11-10 10:17 | Report Abuse

I know you guys have been waiting here patiently. I too.
Just do not sell, this coming weeks are very crucial.

klugman

600 posts

Posted by klugman > 2017-11-10 13:19 | Report Abuse

STraits tanker definitely will reach its ultimate destination, Fantasy Island 88

klugman

600 posts

Posted by klugman > 2017-11-12 21:51 | Report Abuse

From Richard Ho, a director of the company, interview with Ship and Bunker magazine on 10 November, during which he said.

1. The company's intention to increase the number of vessels from the current two which will enable it to be the top bunker suppler in Malaysia and eventually worldwide.to OSV and any other vessels that require bunker fuel.
2..In 2018 to increase operation to three other ports namely Kemanan, Kuantan and Labuan Port. Currently operates from Pasir Gudang and Labuan
3. To expand overseas by acquiring foreign bunkering companies.

4. To build land based bunkering storage facilities.

With all these intentions in the pipeline, I think the price should be easily doubled.

Posted by TongKee Yam > 2017-11-14 15:49 | Report Abuse

Getting hot liew!!

Posted by investklse > 2017-11-14 15:50 | Report Abuse

Gathering some momentum for the next push now.

klugman

600 posts

Posted by klugman > 2017-11-14 19:18 | Report Abuse

stalled engine has been repaired. tanker now on course to Fantasy Island 88

13808

22 posts

Posted by 13808 > 2017-11-14 22:43 | Report Abuse

Looks like the Q3 result will be good and buying already started. Sit tight and stay tune for the next few days to come....

Posted by bonescythereborn > 2017-11-15 04:15 | Report Abuse

hold tight and stay tuned. straits will post another splendid quarter perfomance. it will surge to a new high

Posted by bonescythereborn > 2017-11-15 08:46 | Report Abuse

ready for gap up

Posted by Khairi Mohamad > 2017-11-15 09:41 | Report Abuse

ini kalilah?

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