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 3 days ago

Drybz

50 posts

Posted by Drybz > 2019-09-06 09:16 | Report Abuse

SMA looks promising and reaching line to start rebound

Ron90

4,054 posts

Posted by Ron90 > 2019-09-06 10:20 | Report Abuse

once this company start declaring dividend..ppl will scrambling to get a piece if this company. Coz profits alone cannot move any stock price. Dividend is one of the main criteria for IB and FM selection of stock. Hope mgmt aware about this.

Drybz

50 posts

Posted by Drybz > 2019-09-06 11:54 | Report Abuse

would love to see if declare devidend, but don't think that will happen so soon... the current profit isn't enough to start declare dividend...

Ron90

4,054 posts

Posted by Ron90 > 2019-09-10 10:14 | Report Abuse

just normal aggrement to form a JV, not effect on profits at all. They can always put up another on when the need arise.

Posted by stockmethods > 2019-09-12 20:31 | Report Abuse

keep buying vessel to expand the business...

Tkeng

709 posts

Posted by Tkeng > 2019-09-13 17:06 | Report Abuse

Volume building up.

Drybz

50 posts

Posted by Drybz > 2019-09-13 20:25 | Report Abuse

Son run first and mother remain

bjtoto

860 posts

Posted by bjtoto > 2019-09-15 10:01 | Report Abuse

Billionair_KG Tp $0.40..........could not agree more!

bjtoto

860 posts

Posted by bjtoto > 2019-09-15 10:03 | Report Abuse

Bigggggg Biggggg Moneyyyyyy

bjtoto

860 posts

Posted by bjtoto > 2019-09-15 10:04 | Report Abuse

keep buying vessel to expand the business.......business n contract cominggg in....Big big money

bjtoto

860 posts

Posted by bjtoto > 2019-09-15 10:05 | Report Abuse

Huat Huat Huat..........it is not a Dream

bjtoto

860 posts

Posted by bjtoto > 2019-09-15 10:07 | Report Abuse

start the reversal.......making the uptrend sooooon

freddiehero

16,715 posts

Posted by freddiehero > 2019-09-15 10:09 | Report Abuse

haha.. wah lau... so early wan fly liao?

bjtoto

860 posts

Posted by bjtoto > 2019-09-15 10:18 | Report Abuse

Profit is coming in with the acquisition..............Tp $0.40 la

bjtoto

860 posts

Posted by bjtoto > 2019-09-15 10:33 | Report Abuse

Oil Bunkering service......contract coming innnnnn

bjtoto

860 posts

Posted by bjtoto > 2019-09-15 10:35 | Report Abuse

Tp $0.40........long term no problem la

bjtoto

860 posts

Posted by bjtoto > 2019-09-15 11:51 | Report Abuse

Fly Straits Flyyyyy......Tp $0.40

bjtoto

860 posts

Posted by bjtoto > 2019-09-16 15:26 | Report Abuse

Tomorrow Gappp Uppppppp

Notconfused

1,523 posts

Posted by Notconfused > 2019-09-17 13:12 | Report Abuse

out of son already, ep 0.095, out 0.110, enough for a decent meal..

Ron90

4,054 posts

Posted by Ron90 > 2019-09-18 02:08 | Report Abuse

if in the next few days this counter touch 22 cents..get ready for the uptrend momentum towards 25c

Yuming

548 posts

Posted by Yuming > 2019-09-18 10:57 | Report Abuse

Ron90, why said so? Got any news?

JK22

1,789 posts

Posted by JK22 > 2019-09-20 10:35 | Report Abuse

Maybank Tp0.42

Tkeng

709 posts

Posted by Tkeng > 2019-09-22 01:30 | Report Abuse

Coming.

Posted by Billionaire_KG > 2019-09-22 14:09 | Report Abuse

keep collecting, starting early 2020, this counter will rise to the moon.

klugman

600 posts

Posted by klugman > 2019-09-23 00:09 | Report Abuse

billionaire, can you please tell us who KG is

BigFish

73 posts

Posted by BigFish > 2019-09-23 09:53 | Report Abuse

coming

Tkeng

709 posts

Posted by Tkeng > 2019-09-23 10:15 | Report Abuse

Buy and keep before it fly past 0.25.

Posted by kasutkaripap > 2019-09-23 14:49 | Report Abuse

slow...slow

pineapple

225 posts

Posted by pineapple > 2019-09-23 16:40 | Report Abuse

tolong start engine

freddiehero

16,715 posts

Posted by freddiehero > 2019-09-23 17:27 | Report Abuse

wah lau.. r u fly?

klugman

600 posts

Posted by klugman > 2019-09-24 08:43 | Report Abuse

new tp 45 sen

bjtoto

860 posts

Posted by bjtoto > 2019-09-24 08:45 | Report Abuse

Billionair_KG Tp $0.40..........could not agree more!
Huat liow lohhh.....no dreaming hohh
my Efficen u say Dreaming.....lu boh sui

bjtoto

860 posts

Posted by bjtoto > 2019-09-24 08:47 | Report Abuse

Together huattttt

Notconfused

1,523 posts

Posted by Notconfused > 2019-09-24 11:46 | Report Abuse

losing steam soon

Posted by SorosOnDuty > 2019-09-30 14:51 | Report Abuse

goreng la tolong

asahmad

1,001 posts

Posted by asahmad > 2019-10-01 14:57 | Report Abuse

Good news...But no vol to fly.....

Posted by Low Meng Kuan > 2019-10-01 15:07 | Report Abuse

Why fly now when it's good time to accumulate?

asahmad

1,001 posts

Posted by asahmad > 2019-10-01 15:21 | Report Abuse

No worries...no fly yet

Tkeng

709 posts

Posted by Tkeng > 2019-10-01 18:59 | Report Abuse

Revenue and profit keeps increasing year to year. Still under the radar.

asahmad

1,001 posts

Posted by asahmad > 2019-10-02 12:31 | Report Abuse

sure up if co profit profit, the matter of time

Posted by akupolitikkk > 2019-10-02 17:23 | Report Abuse

Looking at the first year of increase of 60 million revenues · Straits logistics expansion red ridge supply service

(Kuala Lumpur, 1st) Strait Logistics (STRAITS, 0080, GEM Transportation and Logistics Group) expanded its replenishment service to the Zhangzhou Red ridge port, expecting to replenish 2 million liters of fuel per month, keeping a conservative eye on the revenue growth of RM60 million in the first year.

Strait Logistics Group Managing Director Datuk Seri He Jincai pointed out after the signing ceremony that as a start, the company has added an additional 1 million to 2 million liters of fuel supply per year.

He said that the revenue of RM60 million is a conservative estimate, and it is only a "one drop" in Canghai. As a maritime hub, Singapore has a market of 20 billion US dollars in maritime fuel. Strait Logistics hopes to attract and benefit from cost. More ships are fueled.

Strait Logistics has been commissioned and commissioned at the Hongtukan Port for refueling moorings since October 15. Ships passing through the Straits of Malacca can be fueled under paperless operations, saving time and additional costs for inbound refueling services.

The strait logistics company, called Pit-Stop Bunker Hub@Lumut, is ready to provide convenient, reliable and efficient refueling services.

Strait Logistics signed a fuel replenishment service agreement with Hongtukan Maritime Terminal Pte Ltd (LMTSB) through its 55% subsidiary Tumpuan Megah Development Co., Ltd. (TMD).

Strait Logistics is principally engaged in oil trading, fuel replenishment services and investment holding activities. Replenishment services include the provision of marine natural gas oil and marine fuel to ships and other oceangoing vessels (such as tankers, container ships, cargo ships and cruise ships) through ships.

Mulanlac, chief executive officer of Red Ridge Marine Terminal Co., Ltd. pointed out earlier that the long and narrow Strait of Malacca has about 80,000 to 100,000 vessels sailing each year. The port can only serve 1,000 vessels, which means there is a huge opportunity. As for the fuel market, we look forward to replenishing 2 million liters of fuel per month from this cooperation.

When it comes to how to save time and cost, He Jincai pointed out that it takes about 6 hours to park the port and refuel the fuel after passing various procedures in the traditional way. The above-mentioned anchoring supply pioneered in the above-mentioned Malaysian red ridge can save half of the time to 3 hour.

Referring to the profitability of similar services, He Jincai said that the profit was about 2.5%, and he took advantage of the opportunity to increase the amount of money on the coast of the Straits of Malacca.

Exclusive to TMD

Under the above agreement, LMTSB has appointed TMD to operate exclusively, manage and provide these services at the Red Ridge Port. TMD is happy to accept this appointment and guarantee that it will be implemented with good professional standards.

At present, TMD operates in eight ports in Malaysia, including Brazil's Gudang Port, Tanjung Pelebas Port, Johor Bahru, Kuantan Port, Dengzhou Ganma Port, East Mana Port and Miri Port.

char1234

5,299 posts

Posted by char1234 > 2019-10-03 03:56 | Report Abuse

all those good results but the stock price is down trending.

char1234

5,299 posts

Posted by char1234 > 2019-10-03 03:56 | Report Abuse

how to invest in stock market ???

Posted by CalmAndWise > 2019-10-03 04:46 | Report Abuse

Char1234 : I dont know..

Plug

3,048 posts

Posted by Plug > 2019-10-03 12:29 | Report Abuse

seems like go back home....回乡归故里.

Tkeng

709 posts

Posted by Tkeng > 2019-10-14 19:52 | Report Abuse

Volume increasing slowly.

kuan1209

85 posts

Posted by kuan1209 > 2019-10-17 00:54 | Report Abuse

Stay tune for IMO 2020!

Posted by Edmundtrade > 2019-10-17 17:58 | Report Abuse

Hi Kuan1209 , IMO 2020 any impact or benefit for SIL ?

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