FAST ENERGY HOLDINGS BERHAD

KLSE (MYR): FAST (0084)

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Last Price

0.075

Today's Change

-0.005 (6.25%)

Day's Change

0.075 - 0.08

Trading Volume

3,363,600


13 people like this.

6,195 comment(s). Last comment by BILLC 39 seconds ago

khpwwl

3,405 posts

Posted by khpwwl > 2023-06-08 22:59 | Report Abuse

pp will continue raising...need your money to help them earn money

Chillo

12 posts

Posted by Chillo > 2023-06-09 07:50 | Report Abuse

want to diversify again only 2 years after change course into oil bunking. again wants to dilute shares. Says a lot about the competence of the management. Sinking ship.

Posted by AqsadMohamad > 2023-06-09 09:47 | Report Abuse

Tengok harga minyak utk menyimpulkan penawaran dan permintaan minyak di pasaran. Tapi pergerakan harga saham skrg diliputi oleh pengumuman right issue tersebut...

ivanyong

11 posts

Posted by ivanyong > 2023-06-09 11:23 | Report Abuse

Could be reaction like PARLO (0022) spike like rocket soon

TCH1186

908 posts

Posted by TCH1186 > 2023-06-09 15:07 | Report Abuse

Gg 10c now my prediction highly accurate hahahahahah

davidts95

245 posts

Posted by davidts95 > 2023-06-09 15:40 | Report Abuse

sharks & operators waiting to collect below 0.10

Posted by whistlebower99 > 2023-06-09 15:43 | Report Abuse

Many oldies losing retirement funds in this FAST fund raising company

BILLC

2,038 posts

Posted by BILLC > 2023-06-09 15:59 | Report Abuse

Steven will kencing Fast the cap Ayam all the way to 4 Sen same like Kanger,,,haha,,,

ChunWong93

542 posts

Posted by ChunWong93 > 2023-06-09 16:08 | Report Abuse

I thought oldies prefer Genting or Bank counters🤔 Youngsters prefer to goreng Fast and earn fast

nasilemak5

260 posts

Posted by nasilemak5 > 2023-06-09 16:14 | Report Abuse

Time to pay attention & monitor... another rally to 0.20 starting soon !

cckenn88

127 posts

Posted by cckenn88 > 2023-06-09 16:35 | Report Abuse

FAST really rolling in deep now, boleh play around 0.09-0.11

Posted by AqsadMohamad > 2023-06-09 16:53 | Report Abuse

blh kutip jika nak tangkap lonjakan sy rasa kerana right issue masih belum diluluskan

Posted by ClaraChan94 > 2023-06-09 17:22 | Report Abuse

Can adjust our short-term TP to 13 cents next week

ChunWong93

542 posts

Posted by ChunWong93 > 2023-06-12 11:47 | Report Abuse

Look on the bright side, the other proposal is to diversify into the consumer electronics business, so that the company can reduce its reliance on the petroleum trading business which occupied more than 90% of its revenue

Posted by AqsadMohamad > 2023-06-12 14:26 | Report Abuse

Naik sebaliknya hari ni....nampaknya pengumuman RI telah dihadam oleh pasaran buat semasa ni

Posted by jonathansiew > 2023-06-12 14:50 | Report Abuse

today gap down or hold at 0.10

tonygofly

276 posts

Posted by tonygofly > 2023-06-12 15:14 | Report Abuse

Collect collect, FAST ready to fly again ! Belive in FAST + freeyond !

Posted by ClaraChan94 > 2023-06-12 15:31 | Report Abuse

New supporting price has formed...It will break through once that news is passed over time

Posted by StockSniperKing > 2023-06-12 15:55 | Report Abuse

Touching 10sen again? Get ready guys... keep monitor & collect... you know whats up...

Posted by ClaraChan94 > 2023-06-12 16:27 | Report Abuse

now waiting for their EGM announcement...Still have rebound sign shown by FAST

Shines

2,752 posts

Posted by Shines > 2023-06-12 19:44 | Report Abuse

Share price drop like rain just to a proposal for RI

Posted by applepeppermint > 2023-06-13 10:35 | Report Abuse

before RI, the BOD will issue ESOS first, based on the discounted average share price,
untung 1 round first

Posted by applepeppermint > 2023-06-13 10:42 | Report Abuse

anybody bought Freeyond phone and replaced it with iPhone or Android phone?

Posted by AqsadMohamad > 2023-06-13 11:59 | Report Abuse

Tak akan menggantikan iphone. Org beli Freeyond utk xtra pakai atau letak review di Youtube utk menarik viewer

khpwwl

3,405 posts

Posted by khpwwl > 2023-06-13 12:26 | Report Abuse

freeyond...hahaha...selepas pp, drop to 0.07...rubbish companies,doing all rubbish things

davidts95

245 posts

Posted by davidts95 > 2023-06-13 14:23 | Report Abuse

FAST goreng 1 round first as usual, monitor & catch the opportunity !

BILLC

2,038 posts

Posted by BILLC > 2023-06-13 14:56 | Report Abuse

Fast goreng terbalik masuk 7 sen kejap lagi,,,

nasilemak5

260 posts

Posted by nasilemak5 > 2023-06-13 15:31 | Report Abuse

comeback year for FAST, freeyond + oil bunkering gonna push up FAST !

Posted by whistlebower99 > 2023-06-13 15:59 | Report Abuse

FOR NEWBIES

I. PROPOSED DIVERSIFICATION; AND
II. PROPOSED RIGHTS ISSUE WITH WARRANTS

i. diversification of the existing principal activities of FEHB and its subsidiaries ("FEHB Group" or the "Group") to include the wholesale, distribution, retail of consumer electronic goods and related activities ("Consumer Electronics Business") ("Proposed Diversification"); and

ii. a renounceable rights issue of up to 242,192,937 new ordinary shares in FEHB ("FEHB Share(s)" or "Share(s)") ("Rights Share(s)") on the basis of 1 Rights Share for every 1 existing FEHB Share held, together with up to 121,096,468 free detachable warrants in FEHB ("Warrant(s) B") on the basis of 1 Warrant B for every 2 Rights Shares subscribed for, on an entitlement date to be determined and announced later ("Proposed Rights Issue with Warrants").

Further details of the Proposals are set out in the attachment enclosed.
This announcement is dated 7 June 2023.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3360154

https://www.klsescreener.com/v2/announcements/view/4982637

====================
Directors only busy doing Fund raising, no time to generate business profits
Directors get to collect more money for company fund to diversify into other business
Retail shareholders have to dig pockets for more money to contribute to fund raising

==================
https://www.klsescreener.com/v2/stocks/view/0084/fast-energy-holdings-berhad

Announced EX Date Subject Ratio Offer
13 Sep 2022 27 Sep 2022 Share Consolidation 1.0000 : 6.0000
03 Nov 2021 17 Nov 2021 Rights Issue (warrant) 2.0000 : 1.0000 0.1200

Rights issue exercise in 2021 raised about RM20 million
Almost used up with no profit returns.

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

ChunWong93

542 posts

Posted by ChunWong93 > 2023-06-13 15:59 | Report Abuse

Transition period for expanding into the field of electronic products. Give it time to perform ba..

cckenn88

127 posts

Posted by cckenn88 > 2023-06-13 16:18 | Report Abuse

demand is low now, sleep first come back later

ChunWong93

542 posts

Posted by ChunWong93 > 2023-06-13 16:43 | Report Abuse

oil demand is still high regardless of the increase in EV usage

https://www.rigzone.com/news/global_oil_demand_for_road_transport_to_peak_in_2027_bnef-09-jun-2023-173014-article/

Posted by ClaraChan94 > 2023-06-13 17:10 | Report Abuse

Keep monitoring 1st then...finding a opportunity to enter when it shows a rebound

Posted by AqsadMohamad > 2023-06-14 11:10 | Report Abuse

Tak ada muncul tanda-tanda panic selling... nampaknya cadangan tersebut masih perlu tunggu kelulusan semasa EGM

ChunWong93

542 posts

Posted by ChunWong93 > 2023-06-14 14:23 | Report Abuse

Strong support at 9 cents there. Let's see if it will show a rebound when the good market sentiment is back...

tonygofly

276 posts

Posted by tonygofly > 2023-06-14 14:34 | Report Abuse

aiyoyo, wait 7-8sen now? Hehehehee

ChunWong93

542 posts

Posted by ChunWong93 > 2023-06-14 14:56 | Report Abuse

can try to queue at that price if drop through its supporting price

Posted by jonathansiew > 2023-06-14 15:52 | Report Abuse

finally accumulate season is here, get ready lads !

Posted by skyhighinvestor > 2023-06-14 16:19 | Report Abuse

0.10.. 0.09.. 0.08.. 0.07.. then time for FAST to fly high again

Posted by ClaraChan94 > 2023-06-14 17:11 | Report Abuse

Won't fall to 0.07 one if that proposal hasn't been approved. Showing a bit of rally sign before market close today

Shines

2,752 posts

Posted by Shines > 2023-06-15 07:44 | Report Abuse

Cannot say, I just q at 8.5 sen

Posted by justinwee87 > 2023-06-15 13:44 | Report Abuse

Hard to predict, but 7sen realistic can happen, in the end operator gonna goreng 1 round at least

davidts95

245 posts

Posted by davidts95 > 2023-06-15 14:57 | Report Abuse

8.5sen good enuf.. wont drop to 0.07 this week la

BILLC

2,038 posts

Posted by BILLC > 2023-06-15 15:03 | Report Abuse

Okay one more week you can get 7 sen,,,

ChunWong93

542 posts

Posted by ChunWong93 > 2023-06-15 16:14 | Report Abuse

Seems like it still hanging firmly at 9 cents there...Good luck getting at 7 cents

nasilemak5

260 posts

Posted by nasilemak5 > 2023-06-15 16:37 | Report Abuse

Why so serious ? FAST gonna be lucky if manage to stand its ground

ChunWong93

542 posts

Posted by ChunWong93 > 2023-06-15 16:53 | Report Abuse

haha, it seems to be oversold due to certain announcement

Posted by AqsadMohamad > 2023-06-15 17:20 | Report Abuse

Tunggu saja utk lonjakan seterusnya. Mungkin akan naik ke 13 sen semula...

Posted by ClaraChan94 > 2023-06-15 19:06 | Report Abuse

Good opportunity to collect a stock when it's undergoing a price correction~

Posted by jonathansiew > 2023-06-16 11:41 | Report Abuse

yep 7sen coming next week, not price correction just normal sell off before right issue

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