STRAITS ENERGY RESOURCES BERHAD

KLSE (MYR): STRAITS (0080)

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Last Price

0.10

Today's Change

-0.005 (4.76%)

Day's Change

0.10 - 0.105

Trading Volume

718,400


7 people like this.

4,190 comment(s). Last comment by M55555 1 month ago

Ron90

4,129 posts

Posted by Ron90 > 2021-10-11 23:19 | Report Abuse

just 2 qr, and with MCO, revenue already 532 million, confirm this year Stratis will join 1 billion revenue club !!

lxx9328

476 posts

Posted by lxx9328 > 2021-10-11 23:50 | Report Abuse

Most O&G counter already move high. Straits is Logistic Service provider for O&G. Will Straits back in Radar soon or Later

lxx9328

476 posts

Posted by lxx9328 > 2021-10-11 23:56 | Report Abuse

Coastal Hit limit up today. It is good news for Straits which on same service provider like Coastal

Jayson4896

157 posts

Posted by Jayson4896 > 2021-10-12 19:54 | Report Abuse

Base on fundamental Coastal is the best, straits still have long journey.

Ron90

4,129 posts

Posted by Ron90 > 2021-10-13 08:33 | Report Abuse

Coastal?..even at pre covid era, mid-2019, price only at around 90 cents, what to justify the current LU for that companyat 1.25 eh??.

Jayson4896

157 posts

Posted by Jayson4896 > 2021-10-13 10:17 | Report Abuse

Costal is the best, straits paria lah... always announced good news to cheating people.
Very surprise, still have many supporters....

lxx9328

476 posts

Posted by lxx9328 > 2021-10-13 17:15 | Report Abuse

Coastal on around 0.70cents. People are not appreciate. Strait on 0.18 as well not appreciate. Avarga (SG) stock which is investment holding to straits - Gained 0.015 cents today (Closed 0.29). Once Avarga trade above 0.30cents, Straits share should above 0.24cents

WMY2188

252 posts

Posted by WMY2188 > 2021-10-14 07:04 | Report Abuse

Kredit kpd #tuancapital. TQ

Jayson4896

157 posts

Posted by Jayson4896 > 2021-10-14 08:09 | Report Abuse

For me these are dream story telling only.

Surge

377 posts

Posted by Surge > 2021-10-14 09:47 | Report Abuse

Straits past 12 month lowest point is 15.5 highest is 28.5, look lucrative with logistics push

nahcee

481 posts

Posted by nahcee > 2021-10-14 12:22 | Report Abuse

#tuancapital no effect today. Believe shark still collection.

Bullcoming

866 posts

Posted by Bullcoming > 2021-10-14 18:20 | Report Abuse

Believe this counter is in uptrend mode, logistics play

lxx9328

476 posts

Posted by lxx9328 > 2021-10-14 18:44 | Report Abuse

Expecting Straits new investment income to be flowed in on coming QR. Will wait to see how much Straits can perform. Collect and wait for (perfect earning QR) due to booming oil & gas on last 2-3months

Surge

377 posts

Posted by Surge > 2021-10-14 21:55 | Report Abuse

Straits is having almost a billion $ revenue per year. Coming Q will have better performance.
Hopefully will limit up in near future.

Jayson4896

157 posts

Posted by Jayson4896 > 2021-10-15 11:40 | Report Abuse

Future is when?
5yrs, 10yrs.... After 100yrs also can say is future.

Surge

377 posts

Posted by Surge > 2021-10-15 13:47 | Report Abuse

Jayson4896 do u understand what is near future?

Jayson4896

157 posts

Posted by Jayson4896 > 2021-10-15 14:57 | Report Abuse

Sorry, I'm totally don't know near future is how near.
Can you give us the duration?

Don't talk only, please proof it to us.
As I know many people here already waiting more than 2 years.. hahaha...

Drachen

249 posts

Posted by Drachen > 2021-10-15 15:58 | Report Abuse

Looking at its price in a 5-year period from 14 Oct 2016 to 15 Oct 2021, Straits has never touched 0.30. The highest price was 0.295 on 5, 10, 12 & 22 Jan 2018.

Surge

377 posts

Posted by Surge > 2021-10-15 16:16 | Report Abuse

Believe once 20cts R1 is clear and daily volumn above 10m, then there is indication of uptrend

lxx9328

476 posts

Posted by lxx9328 > 2021-10-15 17:15 | Report Abuse

Collect when price level is right. Time will not waiting for us if miss the plane. Since director of company is very confident in business direction + businesses already moving after MCO. Chance will should be given to Straits to proof it on next QR

Jayson4896

157 posts

Posted by Jayson4896 > 2021-10-19 06:15 | Report Abuse

Hohoho... buy vessel again, coming quater report must announce profit is loss..

Share price dump again...

Posted by tuancapital > 2021-10-19 09:03 | Report Abuse

we have numerous shipping company listed in Bursa Malaysia with recorded losses amid uncertainty economic especially fue to covid 19 event. However Straits,shipping company over here able to maintain profitability for 6 years. management is doing good job and lifting asset figures. Like we said before, with additional core shining gem port business on the portfolio, company should be value at estimated between 80 sen to rm1. for fact, there is no port management company listed Bursa with price below Rm1.

vessel buy showed company is committed to fulfilled recent company vision mission and goals especially on big project STS Transhipment hub to becoming biggest in asia.

mni75

114 posts

Posted by mni75 > 2021-10-19 11:48 | Report Abuse

Agree with tuancapital.. it is a matter of time.. pending breakout. If BO sure 0.48 sen at Fib 1.618 wave 3. Now Straits chart in Bullish flag pattern

JK22

1,789 posts

Posted by JK22 > 2021-10-19 23:35 | Report Abuse

@ Jayson4896 Hohoho... buy vessel again, coming quater report must announce profit is loss..

Share price dump again...

++++++++
Straits bought asset/vessel and expanding its biz. NOT like those many other companies out here in bursa , lost money qr after qr and raise fund and buying losing money companies and share and not doing what they suppose to do but acting like a investment company .

lxx9328

476 posts

Posted by lxx9328 > 2021-10-19 23:45 | Report Abuse

所有公司的投资都将伴随风险。 但基于当前高水平的油价和 Straits 在未来需求的战略。 可以相信 (海峡) 正在制定一个很好的策略来增加更多的收入,和奖励 (海峡) 股东.

Zezima

62 posts

Posted by Zezima > 2021-10-20 08:51 | Report Abuse

Buy another vessel = demand is there..
This time their payment term is much longer (3 years) thus wont affect QR that much..
I forecast Straits profit will jump significantly starting next year..

Posted by tuancapital > 2021-10-20 10:27 | Report Abuse

Good networks with Singapore and Sabah;Labuan government would be good advantages.

Singappre good supplier of vessel and equipment related.advancement due to maturity of their industry.

Labuan government good network showed trust that will help companys growth mission. example approval for STS Transshipment to commence.

combination of this 2 element will tell it all

Jayson4896

157 posts

Posted by Jayson4896 > 2021-10-21 09:02 | Report Abuse

Congratulations, Brent oil achieve USD86. WTI 83.81
Let's see how straits performed..

I look forward to it very much and hope not to let me disappointment.

drteh84

527 posts

Posted by drteh84 > 2021-10-21 23:46 | Report Abuse

Sleeping Beauty... lol

Ron90

4,129 posts

Posted by Ron90 > 2021-10-22 21:30 | Report Abuse

got untung, buy vessel..got more, buy more..one day those used vessels old olready, need to continue buy another second hand vessels again.. again and again.. profit margin very slim !!.. 1 % only... this company got no excellent future with current business strategy..old apek style. But safe la..

just wait for Banle listing, than cash out la.

this year revenue will touch 1 billion..BUT profit less than 10 million...hampeh..

Posted by tuancapital > 2021-10-23 03:15 | Report Abuse

ron90 bunkering biz may do constant but port business still new(last year 2020 march). it may take awhile before you can reap profit. some more sts transhipment project.

previous contract owner before straits, made losses due to mismanagment.

Posted by Stockinvest99 > 2021-10-25 10:14 | Report Abuse

When can up.... feel so tired

Posted by tuancapital > 2021-10-25 10:47 | Report Abuse

hold and add

Haimi81

7 posts

Posted by Haimi81 > 2021-10-25 19:26 | Report Abuse

MULTIPLE PROPOSALS | https://www.klsescreener.com/v2/announcements/view/3445307

JK22

1,789 posts

Posted by JK22 > 2021-10-25 21:43 | Report Abuse

Why pay so high a premium. Disappointed. Hope it will not go thru.

drteh84

527 posts

Posted by drteh84 > 2021-10-25 22:42 | Report Abuse

continue to sleep lah

JK22

1,789 posts

Posted by JK22 > 2021-10-25 23:29 | Report Abuse

Only positive outlook is extra 400k every QR or 1.2mil np a year. Continue positive QR.

Raccoon

38 posts

Posted by Raccoon > 2021-10-25 23:30 | Report Abuse

Good strategic acquisition to complement and provide one stop shop for their Labuan STS, Labuan Port and their bunkering business (15 kapal). no need to outsource the business anymore. All in-house. Long term view. Lots of savings for the company.

Posted by Stockinvest99 > 2021-10-26 13:07 | Report Abuse

I just sell it all too.

Posted by tuancapital > 2021-10-26 17:29 | Report Abuse

This, it added, will lead to an expansion of the enlarged group's market share in the port operation, logistics and transportation sector, as well as expand the group's offering of port operation and facility management services.

https://www.theedgemarkets.com/article/straits-energy-proposes-private-placement-and-acquisition-shipping-service-firm

any acquisition tht will increase market share in sub industry already good enough. we have positive thought on the move. sometimes business need to pay more in order to break the barrier.

Gley, avarga only sold small portion.they are investment firm. to have them or not aboard not affect Straits. if u worry so much about singaporean, tht singaporean have Peter Lim aboard with them.u think peter lim dont think enough when they decide to invest in straits?

Jayson4896

157 posts

Posted by Jayson4896 > 2021-10-26 21:40 | Report Abuse

Oh my gods, the share has been diluted 1st and the profit not yet sure can achieve or not.

JK22

1,789 posts

Posted by JK22 > 2021-10-27 12:11 | Report Abuse

She has to rally up together with the bullish O&G ,STS operation , Banle listing , Port operation , then the dilution can just be ignored.

Jayson4896

157 posts

Posted by Jayson4896 > 2021-10-27 17:21 | Report Abuse

Sell Down again, closing at 0.175... and the price was at sell q...

Posted by Stockinvest99 > 2021-10-27 19:34 | Report Abuse

Down more..... tmr maybe

Iam888

3 posts

Posted by Iam888 > 2021-10-27 19:36 |

Post removed.Why?

Zezima

62 posts

Posted by Zezima > 2021-10-28 08:14 | Report Abuse

In general, PP for expansion is a good thing. Furthermore, they are acquiring 90% - 100% holding in shipping service provider which will be very beneficial to their core business.
The company to be acquired also has a well-established portfolio in Malaysia and a profit-making company..
It is not like they are doing PP to settle their debt like many companies do..
Straits is definitely on the right track to be a giant in the sea!

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