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

billionn

731 posts

Posted by billionn > 2017-12-15 05:33 | Report Abuse

Are you still in doubt abt my TP. 24 u should know by now and it is coming soon

Posted by weavefinder > 2017-12-15 08:59 | Report Abuse

I concur with you growth hunter, on the 30 cents target play during this euphoric sentiment run-up. Further, I think the price will increase this month and the next, albeit small and gradual increments, prior to February when they report their final quarter. Perhaps they might hit 32 sen by then, bearing that sentiment is supportive in view of the run up to elections, which might be in March 2018 during the school holidays. But post-election period, the market situation only god knows.
David goliath, no point being so worked up on comments that is not your piece of cake. After all, if you are a holder beyond the T4 dabbling, prices between 24 sen and current 26 sen will not cause you sleepless nights! However, if you notice, yesterday the transaction volume has increased slightly with an upside bias.

PW888

96 posts

Posted by PW888 > 2017-12-15 09:20 | Report Abuse

Good point, weavefinder. Davidgoliath, actually Billion's comment make this forum less boring. Like many other jokers, Billilhe disappear from this forum when the shares move up and resurface when the shares goes down. For the time being, the share price will range bound before moving upwards.

klugman

600 posts

Posted by klugman > 2017-12-16 10:12 | Report Abuse

As headwinds have subsided. Straits Tanker will raise anchor and proceeds slowly and surely towards its destination, Fantasy Island 88.next week.

Posted by weavefinder > 2017-12-16 12:20 | Report Abuse

So now we can guess-timate that from this coming Monday until End March 2018, the maximum that it will reach is perhaps 29.5 to 30 sen, and for the price fixing it will be about 28 sen hovering for about 5 days.
This private placement is a bit of a letdown, taking off the steam from this co. Anyway, if you wanna make a 10% profit in the next 3 months, the co has already more or less defined the magnitude of your gain as well as the timeline,

Posted by davidgoliath > 2017-12-16 13:44 | Report Abuse

I am sure there is a purpose for this private placement. Ran777rpt please check your source if it is being placed out to a strategic investor, EPF, Ekuinas or some BIG fund house

ran777rpt

2,945 posts

Posted by ran777rpt > 2017-12-16 14:46 | Report Abuse

This private placement is to a party which is linked to a renowned investor, local. Not an institution like EPF etc.

13808

22 posts

Posted by 13808 > 2017-12-16 17:00 | Report Abuse

Any thoughts on How will this private placement affecting the share price ?

PW888

96 posts

Posted by PW888 > 2017-12-16 17:33 | Report Abuse

The positive side of it, the downside is limited.

klugman

600 posts

Posted by klugman > 2017-12-16 21:14 | Report Abuse

Fantasy Island 88 is now visible in the horizon

Posted by TongKee Yam > 2017-12-21 09:51 | Report Abuse

Warming up...

Posted by davidgoliath > 2017-12-21 16:43 | Report Abuse

Was waiting for it to come down to 0.24 as predicted by billion.....never happen. Today shot up by 0.02. Ran777rpt any news which is pushing up the price

klugman

600 posts

Posted by klugman > 2017-12-21 17:21 | Report Abuse

Maybe billion managed to buy at 24 sen in off market deal

ran777rpt

2,945 posts

Posted by ran777rpt > 2017-12-21 22:40 | Report Abuse

I am not sure, davidgoliath.

Posted by TongKee Yam > 2017-12-22 06:30 | Report Abuse

Just a positive correction.

Posted by BankNagara > 2017-12-22 09:12 | Report Abuse

From the proposed private placement announcement to Bursa, "The Group is currently in the discussions of potential collaborations with external parties for the
provision of bunkering services to expand the performance of this business segment."

klugman

600 posts

Posted by klugman > 2017-12-23 19:26 | Report Abuse

While its business plan of collaboration with external parties to expand the scope of its bunkering services will no doubt underpin the share price, the real catalyst that will turbo charge and propel the share price higher will be the identity of the private placee..

GTMS

560 posts

Posted by GTMS > 2017-12-27 11:29 | Report Abuse

normally private placement not gonna contribute much to stock price uptrend ...

klugman

600 posts

Posted by klugman > 2017-12-31 09:48 | Report Abuse

Year end cheap sale ended as at yesterday.. Beginning next year, there is new arrival/s ( the new placee/s) and price will be higher with up to date fashion

ran777rpt

2,945 posts

Posted by ran777rpt > 2018-01-02 09:46 | Report Abuse

Hi guys, happy new year. Regret to inform that I am opting out of this counter. For I need fund to invest else where. I am also of the opinion that their placement to the investor is taking time and giving me a discomfort.
I wish all here good luck.

klugman

600 posts

Posted by klugman > 2018-01-02 10:29 | Report Abuse

ran777rpt, i regard you as my guru. Now that you are leaving this counter we all be clueless regarding its future movement. Also may I ask what new counter you are getting into.

Posted by TongKee Yam > 2018-01-02 12:48 | Report Abuse

Sold all, good luck friends. Happy New year.

Posted by TongKee Yam > 2018-01-02 12:49 | Report Abuse

Target Kab.

ran777rpt

2,945 posts

Posted by ran777rpt > 2018-01-02 14:28 | Report Abuse

Klugman, this counter got potential but time wise directionless. As per theedge stock picks today, straits is in among the big brothers. Refer to the edge online today.
Currently I am in ekovest(need to wait long term), Puc, a new counter I entered at 40 cents is Scomnet based on a friend’s strong recommendation, keyasic which I am patiently waiting( slightly above my bought price.

ran777rpt

2,945 posts

Posted by ran777rpt > 2018-01-02 14:29 | Report Abuse

This above counters at my own risk.

ran777rpt

2,945 posts

Posted by ran777rpt > 2018-01-02 14:32 | Report Abuse

Uncertain now, may be I may consider to jump in Straits if I receive any positive news. Will let you know if it happens.

Posted by Internationale > 2018-01-02 14:40 | Report Abuse

Alaaaaaahh..mau biar price jatuh then lu lang mau collect la...sembang semua. makahai

klugman

600 posts

Posted by klugman > 2018-01-02 14:43 | Report Abuse

thank you ran777rpt. You are a real gem

ran777rpt

2,945 posts

Posted by ran777rpt > 2018-01-02 14:48 | Report Abuse

Who is the internationale Malaga I? New in the forum.

ran777rpt

2,945 posts

Posted by ran777rpt > 2018-01-02 14:50 | Report Abuse

If I am certain of something, I won’t mind to pick even at 30 cents makahai

Posted by mohdsafwansabree > 2018-01-02 14:50 | Report Abuse

how about this counter ? good to go ?

ran777rpt

2,945 posts

Posted by ran777rpt > 2018-01-02 14:52 | Report Abuse

Thank Klugman

elmo888

153 posts

Posted by elmo888 > 2018-01-02 15:53 | Report Abuse

Look at fundamental. The game just started next qr will tell. Malaysia as a key hub in logistic else cn, jp, Middle East will not invest huge money to build the ports and og storage. in Malaysia. Just hope that Straits could get more contracts.

Posted by davidgoliath > 2018-01-02 16:39 | Report Abuse

I am sure Rakuten stock analyst has met up with Straits management recently. I am sure they probably know Straits big game plan for 2018. Otherwise how Rakuten can so strongly recommend Straits. I have not seen an Ace counter for a long time, Straits performing so consistent and solid. This is what we shareholders want. Not some speculative stocks, one day go so high up next day crash and all mati

Posted by coldinvestor > 2018-01-02 16:39 | Report Abuse

他们已经安排好了, 今年炒这只股。

tehaisKAW

36 posts

Posted by tehaisKAW > 2018-01-03 12:02 | Report Abuse

buy-call for straits

Posted by davidgoliath > 2018-01-03 12:18 | Report Abuse

Aaaaah....I miss the boat.....

Posted by TongKee Yam > 2018-01-03 13:20 | Report Abuse

davidgoliath, you don't! buy warrant....

Posted by davidgoliath > 2018-01-03 13:28 | Report Abuse

TongKeeYam I have stopped investing in Warrants. Got burn badly on other counters before. Phobia now. Straits warrant can BUY??

Wuzy

1,579 posts

Posted by Wuzy > 2018-01-03 14:47 | Report Abuse

so many opening at 28 cents. Somemore Rakuten and TheEdgeMarkets are promoting this stock. Seem like this stock got very good profitable growth!

Posted by Internationale > 2018-01-03 15:54 | Report Abuse

From logistics industry point of view, I must say this counter has bright opportunities in 2018. Anyway, seems all the opportunities are belongs to them when there is no competitors around hahahahahaha.

Wuzy

1,579 posts

Posted by Wuzy > 2018-01-03 16:38 | Report Abuse

27.5 cents is good entry if you trust me =D

Posted by TongKee Yam > 2018-01-03 17:15 | Report Abuse

davidgoliath, yes expire on 2022 Aug.

klugman

600 posts

Posted by klugman > 2018-01-04 12:44 | Report Abuse

destination Fantasy Island 88 will be REACHED SOON

DL60

248 posts

Posted by DL60 > 2018-01-04 14:32 | Report Abuse

klugman, the share price is hovering around .285 and Fantasy Island 88 will reach soon?

klugman

600 posts

Posted by klugman > 2018-01-04 16:27 | Report Abuse

i think and hope after pp

klugman

600 posts

Posted by klugman > 2018-01-04 19:32 | Report Abuse

On second thought, I think that realistically the journey to Fantasy Island 88 may take up to a year.

Posted by BankNagara > 2018-01-04 19:56 | Report Abuse

Besides Rakuten, other IBs have also issue buy call
Please check and find out.

Wuzy

1,579 posts

Posted by Wuzy > 2018-01-05 21:14 | Report Abuse

nice closing @ 29.5 cents, looking forward monday performance.

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