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

Wuzy

1,579 posts

Posted by Wuzy > 2018-01-08 11:01 | Report Abuse

30 cents resistance so hard to break =D

Posted by Puganeswaran Raviechandran > 2018-01-08 11:53 | Report Abuse

super hard to reak the 30 cents resistance.

yc123

118 posts

Posted by yc123 > 2018-01-08 11:54 | Report Abuse

Yalo..tot got show today. But go back to square.

Posted by TryAgain > 2018-01-08 15:10 | Report Abuse

It will surely break 0.30 level this week!

PW888

96 posts

Posted by PW888 > 2018-01-08 16:03 | Report Abuse

This counter share price may not increase sharply or new investor will not be interested to take up the private placement based on high average price. Hope i am wrong

Posted by TongKee Yam > 2018-01-09 00:18 | Report Abuse

Too many sellers.Finally will break 30 sen.

duke21

9 posts

Posted by duke21 > 2018-01-09 12:36 | Report Abuse

The Edge said last week its a good stock. Be patient

klugman

600 posts

Posted by klugman > 2018-01-09 17:08 | Report Abuse

Hi folks our tanker temporarily drop anchor waiting for PP to be approved and price to be fixed. After this it is going to be turbo charged and speed towards Fantasy Island 88. Better come on board if you are not in yet. Otherwise you will be left stranded at the harbour smelling the exhaust from the tanker while we who are on board are going to have a very profitable time journeying towards our dream vacation

Posted by Internationale > 2018-01-09 18:38 | Report Abuse

Jack Sparrow calling already..location, Selat Melaka.

klugman

600 posts

Posted by klugman > 2018-01-09 18:58 | Report Abuse

Dont worry, Jack Sparrow is under the surveillance of Malaysia's periscope of the submarine

Jarklp

175 posts

Posted by Jarklp > 2018-01-10 23:19 | Report Abuse

Impressive turnaround since the new MD came on board... amazing.

Posted by yangstockwatch > 2018-01-11 12:18 | Report Abuse

market correction. if doesnt break support further uptrend is coming....

klugman

600 posts

Posted by klugman > 2018-01-12 09:56 | Report Abuse

Our super tanker under the superb helmanship of Admiral Ho is slowing but surely steering towards Fantasy Island 88

Posted by Internationale > 2018-01-12 10:34 | Report Abuse

Why is the rum always gone? - Jack Sparrow

klugman

600 posts

Posted by klugman > 2018-01-12 11:29 | Report Abuse

Dont worry about Jack Sparrow as Hang Tuah is onboard

PW888

96 posts

Posted by PW888 > 2018-01-12 12:20 | Report Abuse

I dont think this counter will leave harbour until after the private placement investor confirmed and surface. Now the share price is forming a base for the private placement.

klugman

600 posts

Posted by klugman > 2018-01-12 12:43 | Report Abuse

pw888 you are absolutely right

Posted by Izam_mahathir > 2018-01-12 13:45 | Report Abuse

Why mr ho fook meng disposed 100000 shares recently?whats the purpose?anyone?

PW888

96 posts

Posted by PW888 > 2018-01-12 14:18 | Report Abuse

100000 x .28 =RM28k only

klugman

600 posts

Posted by klugman > 2018-01-14 22:08 | Report Abuse

last call for boarding! Tanker about to speed charge next week.

Posted by TryAgain > 2018-01-15 12:26 | Report Abuse

Tanker stuck at 0.295 mark. Stranded ? If not move forward, current will push it back to shore.

Meowyx

342 posts

Posted by Meowyx > 2018-01-17 12:12 | Report Abuse

@@

Posted by Cents_investor > 2018-01-17 12:35 | Report Abuse

be patient...

13808

22 posts

Posted by 13808 > 2018-01-17 16:10 | Report Abuse

Tanker ran out of fuel. Drifting in the middle of the sea awaiting wind.

Posted by Internationale > 2018-01-17 21:54 | Report Abuse

paging for Jack Sparrow.....

Posted by TryAgain > 2018-01-18 11:25 | Report Abuse

Current pushing tanker back to 0.280 level.... not looking good. Fuel vessel ran out of fuel....

klugman

600 posts

Posted by klugman > 2018-01-18 15:00 | Report Abuse

dont worry tugboat coming

13808

22 posts

Posted by 13808 > 2018-01-18 16:53 | Report Abuse

Running out of fuel and wind blowing south. Hopefully the rescue tug is powerful enough to tow her back to safety.

Posted by davidgoliath > 2018-01-18 18:07 | Report Abuse

Straits entered into a HOA with a Hong Kong bunker Oil Trading house. Exciting...... Full steam ahead Straits

13808

22 posts

Posted by 13808 > 2018-01-18 19:12 | Report Abuse

What is this HOA for ? And How will it benefits shareholders?

Posted by davidgoliath > 2018-01-18 20:18 | Report Abuse

HOA-Heads of Agreement. Cross Border Trade under China's Belt and Road Initiative. Straits can tap into Banle network of Chinese clients for their bunkering business.

Meowyx

342 posts

Posted by Meowyx > 2018-01-18 21:17 | Report Abuse

i got a bad feeling

toptop

27 posts

Posted by toptop > 2018-01-18 23:28 | Report Abuse

had anyone google the background of this company? it was formed on 18.08.15 with not much track record. Just wandering how can it be benefited from this agreement? Sounds truly silly

Posted by TryAgain > 2018-01-18 23:51 | Report Abuse

Share price leaped more than double, result in terms of profit turned from Negative to Positive for last 3 Quarters..... a turnaround company, if you choose to believe.

toptop

27 posts

Posted by toptop > 2018-01-19 00:19 | Report Abuse

I meant Banle. So please rephrase again.

Posted by davidgoliath > 2018-01-19 00:53 | Report Abuse

Looking at the HOA, Banle has recorded a total profit of rm4.4 million for last 2 years. Banle current business complement Straits bunkering business. There is definitely a synergy here.

13808

22 posts

Posted by 13808 > 2018-01-19 07:37 | Report Abuse

Can anyone help to provide the link to view the HOA mentioned ? Can’t seems to find it.... thx

Posted by TryAgain > 2018-01-19 09:52 | Report Abuse

Hopefully will get more details beyond the HOA. The synergy surely interesting and complement to Straits coverage. Actual quantum of benefits yet to be elaborated in the HOA.

Posted by Cents_investor > 2018-01-19 12:35 | Report Abuse

Anyone know how the trend going?will drop to which price before it rebound?

Meowyx

342 posts

Posted by Meowyx > 2018-01-19 15:05 | Report Abuse

i guess there will be a huge drop

[guess]

klugman

600 posts

Posted by klugman > 2018-01-19 23:12 | Report Abuse

this is like asking , the sun is risen. will it be sunny or cloudy?

toptop

27 posts

Posted by toptop > 2018-01-20 00:06 | Report Abuse

does not seems so right y purposely closed at 0.285 today? davidgoliath ask your boss to push up higher at least above 0.30 and next weeks onwards is good times to promote your counter better act now.

Posted by weavefinder > 2018-01-21 09:51 | Report Abuse

Just my 2 sens view:
When this counter WA moved to 18.5 sen, I checked out, and what more with the pending private placement on the cards, which the Co pegged at about 28.5 sen per share. I will buy into this co once the private placement is settled, which the co will conclude by 1st Q 2018, as the amount they require has already been predetermined.
This co is only at the initial stages of building a sustainable business, so expectations that the price will boom now can be futile. The good thing about the price trend is that the co seems not likely to expose itself to the vulnerabilities of speculation, which has a huge tendency to provide shareholders with a nightmare. At best, I think this Co will appreciate with the progress in their fundamentals, which time will tell. This is not a stock for dabbling T4 period, forget it. Buy and keep it, look at the price 3rd Q 2018 in Nov 2018 where the impact of their progressive efforts can be evaluated. If all goes well a 30% gain can be achieved.
Again, just my 2 sens worth!

PW888

96 posts

Posted by PW888 > 2018-01-22 09:43 | Report Abuse

Well said weavefinder

Posted by TongKee Yam > 2018-01-22 18:45 | Report Abuse

Hopefully can break 30 sen & all the way....up.

13808

22 posts

Posted by 13808 > 2018-01-22 23:30 | Report Abuse

Still stuck at 0.295 level even though the volume was heavy. Hopefully can breach 0.300 tomorrow.

klugman

600 posts

Posted by klugman > 2018-01-23 08:44 | Report Abuse

harbour master has given permission for tanker to leave port. now waiting fo for Privilege Passengers, 25 to 30 in number to board. After this journey to Fantasy Island 88 to begin. Journey may take 3 months

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