FAST ENERGY HOLDINGS BERHAD

KLSE (MYR): FAST (0084)

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Last Price

0.15

Today's Change

0.00 (0.00%)

Day's Change

0.14 - 0.15

Trading Volume

1,929,400


11 people like this.

4,446 comment(s). Last comment by davidts95 2 hours ago

tonygofly

134 posts

Posted by tonygofly > 1 week ago | Report Abuse

relax lol price stuck at 12 sen for so long dy, so far no goreng signal yet

Posted by jonathansiew > 1 week ago | Report Abuse

Signal is there, you haven't notice it yet

Posted by whistlebower99 > 1 week ago | Report Abuse

FOR NEWBIES

FAST ENERGY HOLDINGS BERHAD I. PROPOSED SHARE CONSOLIDATION; II. PROPOSED PRIVATE PLACEMENT; AND III. PROPOSED ACQUISITION (COLLECTIVELY REFERRED TO AS THE "CORPORATE EXERCISES")

On behalf of the Board, UOBKH wishes to announce that the Board had on 25 November 2022 resolved to fix the issue price for tranche 5 of the Private Placement at RM0.0877 per Placement Share.

The issue price of RM0.0877 per Placement Share represents a discount of 19.98% to the 5-day VWAP of Fast Energy Shares up to and including 24 November 2022, being the last traded day of Fast Energy Shares immediately preceding the price-fixing date, of RM0.1096 per Fast Energy Share.

This announcement is dated 25 November 2022.

=================
Still in price fixing stage to reward selected PP investors
Have to check how many more tranches of PP to go.

=================
See the selected PP investors make money first
Investors with rights issue and undergone share consolidation have to wait longer, hoping directors able to bring in profits

TAYOR

nasilemak5

125 posts

Posted by nasilemak5 > 1 week ago | Report Abuse

qr today? why so active here suddenly

Posted by DonovanTingQY > 1 week ago | Report Abuse

if oil price barrel can maintain 80, this can positively impact as FAST serving the upstream clients

Posted by DonovanTingQY > 1 week ago | Report Abuse

after all, profit after 4 quarters are largely contributed by the company’s new oil bunkering and petroleum trading business segment, where this is expected to continue contribute positively to the company

Posted by JunHoHoHoHo > 1 week ago | Report Abuse

FAST had already been consolidating for the 3rd month consecutively, and traders can begin to monitor any potential upward movements going forward

ElijahYH

131 posts

Posted by ElijahYH > 1 week ago | Report Abuse

In Malaysia, major ports such as Port Klang experienced bottlenecks earlier this year with high volume of vessels arriving at the ports, which bodes well for the group’s prospects

tonygofly

134 posts

Posted by tonygofly > 1 week ago | Report Abuse

Breakout from 12 sen this week?

cckenn88

19 posts

Posted by cckenn88 > 1 week ago | Report Abuse

maybe? FAST already consolidate for quite some time, and volume are still increasing

ElijahYH

131 posts

Posted by ElijahYH > 1 week ago | Report Abuse

yesterday did briefly breakout and reach 13 sen, good sign good sign

ElijahYH

131 posts

Posted by ElijahYH > 1 week ago | Report Abuse

undervalued and have pretty good outlook especially in O&G.
hope the coming quarter will be decent and they can fulfil the huge contracts they acquired recently

since the company still going on with their try and error,
janji ada buat kerja, they just need abit more patient

Posted by DonovanTingQY > 1 week ago | Report Abuse

no sudden surge of volume but everything seems stable, breakout signal anytime

Posted by JunHoHoHoHo > 1 week ago | Report Abuse

Keep monitoring the price movement. It will breakout in due course, remain performance will do is good enough, anything else will let market to decide

davidts95

103 posts

Posted by davidts95 > 1 week ago | Report Abuse

crab market always the boring part of the cycle ... time to tapau and sleep first

Posted by whistlebower99 > 6 days ago | Report Abuse

FOR NEWBIES

Another quarter of losses
Profit/(loss) attributable to ordinary equity holders of the parent -1,160,000

https://www.klsescreener.com/v2/stocks/financial-report/0084/2022-09-30

==============

Directors most likely to issue more shares for selected PP investors, ESOS or asset acquisition
See the selected PP investors make money first

Rights issue subscribers and those with shares consolidated have to wait a bit longer
Wait for next quarter results

=============
TAYOR

Posted by DonovanTingQY > 6 days ago | Report Abuse

whole market now moving slow, many un-sure factors, price wont move too much, my price is low enough, gonna sit tight wait see how it moves

ElijahYH

131 posts

Posted by ElijahYH > 6 days ago | Report Abuse

fast will be fast in coming days, just like bossku wifi speed in Kajang :)

Posted by JunHoHoHoHo > 6 days ago | Report Abuse

from their old declining business, to making hard decision to dispose, till now, it's not easy

good thing we all finally went thru it through transition year 2021 - 2022

Posted by JunHoHoHoHo > 6 days ago | Report Abuse

More funds are coming in for oil bunkering.... price are going to stay at current level for quite some time. fast Group well-positioned to win more contracts

Posted by jonathansiew > 6 days ago | Report Abuse

2023 are going to be a better year, almost every country already recovering from covid

davidts95

103 posts

Posted by davidts95 > 6 days ago | Report Abuse

FAST going fast despite average result...

davidts95

103 posts

Posted by davidts95 > 6 days ago | Report Abuse

Price still holding up ...

Shines

1,966 posts

Posted by Shines > 5 days ago | Report Abuse

Fixing price for PP kot.

tonygofly

134 posts

Posted by tonygofly > 5 days ago | Report Abuse

Yup, downside is low actually now, good time to take profit at the price range

cckenn88

19 posts

Posted by cckenn88 > 5 days ago | Report Abuse

oil bunkering = sustainable business

cckenn88

19 posts

Posted by cckenn88 > 5 days ago | Report Abuse

so far management are optimistic as global trade and shipping activities gaining momentum following the reopening of economies

Posted by DonovanTingQY > 5 days ago | Report Abuse

good job maintaining the price although its friday, many has enter the game today, good momentum

Posted by DonovanTingQY > 5 days ago | Report Abuse

FAST can increase its profitability in the oil bunkering area – which, as we previously stated, is projected to be quite excellent based on the current view – is one important point to look up for the company.

What's more significant to investors like us is that now is the perfect opportunity to buy shares since the price has been impeded by investors who totally don't comprehend what's going on. revenue for the segment was MYR 50.5 million.

ElijahYH

131 posts

Posted by ElijahYH > 5 days ago | Report Abuse

Fast got USD 1.4 million in bank balance to hedge against the current weak economic situation anyway, so fret not

Posted by JunHoHoHoHo > 5 days ago | Report Abuse

For the longest time, FAST ENERGY HOLDINGS BHD (FAST) had been neglected due to its business being dragged by its non-profitable mould cleaning rubber sheets and LED epoxy encapsulant business, which had resulted in a loss.

In May 12 however, things had started to take a turn. The company had disposed 100% equity interest in Cape Technology Sdn Bhd, which is good for the shareholders in value creation.


Plus, in tandem with other non-profitable companies which include Oriem Technology Sdn Bhd and Techfast Precision Sdn Bhd, the 3 now-disposed or ceased subsidiaries had resulted in RM0.72 million in net losses. Investors must take note that this will no longer impact FAST going forward.

hoot9e996

1,663 posts

Posted by hoot9e996 > 4 days ago | Report Abuse

gg lah
Additional Listing
Private Placement - 13,700,000 shares at 0.088.

Posted by justinwee87 > 2 days ago | Report Abuse

Wait for a chance, oil bunkering is the main player now. Once successfully tikam. Share price will turn good.

nasilemak5

125 posts

Posted by nasilemak5 > 2 days ago | Report Abuse

Fast is moving....

nasilemak5

125 posts

Posted by nasilemak5 > 2 days ago | Report Abuse

Take profit now and jump back in later if you can

tonygofly

134 posts

Posted by tonygofly > 2 days ago | Report Abuse

pp taking place now, time to wait for cheap entry price

Posted by StockSniperKing > 2 days ago | Report Abuse

Market is start active back....

davidts95

103 posts

Posted by davidts95 > 2 days ago | Report Abuse

Close green, tmr show time

uchiha1

8 posts

Posted by uchiha1 > 1 day ago | Report Abuse

Import and Export will turning strong and benefit to FAST and Swift those counter. DSAI is having good connection with our neighbour country and China.

uchiha1

8 posts

Posted by uchiha1 > 1 day ago | Report Abuse

Join the ride. Get ready for FAST to move Fast

aspenvit

271 posts

Posted by aspenvit > 1 day ago | Report Abuse

Private placement 0.0982, can still goreng, well done.

hoot9e996

1,663 posts

Posted by hoot9e996 > 1 day ago | Report Abuse

bloody hell that PP scared me i sold too early................ :(

tonygofly

134 posts

Posted by tonygofly > 1 day ago | Report Abuse

Goreng up goreng up!! This week TP 18 sen

nasilemak5

125 posts

Posted by nasilemak5 > 1 day ago | Report Abuse

upward momentum is strong, why sold early lol

cckenn88

19 posts

Posted by cckenn88 > 1 day ago | Report Abuse

FAST going fast now, operator are on fire !!

Posted by whistlebower99 > 22 hours ago | Report Abuse

FOR NEWBIES

Details of corporate proposal Private placement of up to 35% of the total number of issued shares of Fast Energy Holdings Berhad
No. of shares issued under this corporate proposal 13,700,000
Issue price per share ($$) Malaysian Ringgit (MYR) 0.0877
Par Value($$) (if applicable)
Latest issued share capital after the above corporate proposal in the following Units 181,397,709
Listing Date 05 Dec 2022

==============
Instant profit for lucky PP investors selected by directors.
Retail shareholders that had subscribed rights issue or had undergone shares consolidation have to wait longer to breakeven.

=========
Expect directors to issue more shares to lucky PP investors

TAYOR

davidts95

103 posts

Posted by davidts95 > 3 hours ago | Report Abuse

instant profit but no one is selling now, hehehe

nasilemak5

125 posts

Posted by nasilemak5 > 3 hours ago | Report Abuse

Breakout happening today ??

ElijahYH

131 posts

Posted by ElijahYH > 2 hours ago | Report Abuse

if close 15 sen then it is a good sign, good transition to 2023

davidts95

103 posts

Posted by davidts95 > 2 hours ago | Report Abuse

No breakout but showing some good signal, FAST ready to move up

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