FAST ENERGY HOLDINGS BERHAD

KLSE (MYR): FAST (0084)

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Last Price

0.08

Today's Change

-0.005 (5.88%)

Day's Change

0.075 - 0.085

Trading Volume

2,368,900


13 people like this.

6,179 comment(s). Last comment by kfliau 3 hours ago

tonygofly

275 posts

Posted by tonygofly > 2021-11-04 17:36 | Report Abuse

those that take advantage of the dip or the one that cut loss early??

Sumalia

349 posts

Posted by Sumalia > 2021-11-05 09:42 | Report Abuse

What did you see ??? Should cut lost early at 0.225 or hold better ???

Posted by speedhunter35 > 2021-11-05 10:08 | Report Abuse

this counter forum is being monitored. someone trying to hide the truth. now its hopeless when fintech team in. the price keep dropping and what do you expect? heading to 12c or could be less. CL when you got time. save whatever money you left. just wait for the perfect time to pnd

Posted by whistlebower99 > 2021-11-05 11:34 | Report Abuse

FOR NEWBIES

RENOUNCEABLE RIGHTS ISSUE OF UP TO 909,204,618 NEW ORDINARY SHARES IN FAST ENERGY HOLDINGS BERHAD (FORMERLY KNOWN AS TECHFAST HOLDINGS BERHAD) ("FAST ENERGY" OR THE "COMPANY") ("FAST ENERGY SHARE(S)" OR "SHARE(S)") ("RIGHTS SHARE(S)") ON THE BASIS OF 2 RIGHTS SHARES FOR EVERY 1 EXISTING FAST ENERGY SHARE HELD, TOGETHER WITH UP TO 454,602,309 FREE DETACHABLE WARRANTS IN FAST ENERGY ("WARRANT(S)") ON THE BASIS OF 1 WARRANT FOR EVERY 2 RIGHTS SHARES SUBSCRIBED FOR, AS AT 5.00 P.M. ON THURSDAY, 18 NOVEMBER 2021 AT AN ISSUE PRICE OF RM0.12 PER RIGHTS SHARE ("RIGHTS ISSUE WITH WARRANTS")

Ex-Date 17 Nov 2021
Entitlement date 18 Nov 2021
Entitlement time 5:00 PM

Date for commencement of trading of rights 19 Nov 2021
Date for cessation of trading of rights 26 Nov 2021

Date for announcement of final subscription result and basis of allotment of excess Rights Securities 10 Dec 2021

Acceptance and Payment 03 Dec 2021 05:00 PM
Excess share application and payment 03 Dec 2021 05:00 PM

Available/Listing Date 17 Dec 2021

Ratio (New : Existing) 2.0000 : 1.0000
Rights Issue / Offer Price Malaysian Ringgit (MYR) 0.1200

==================================
Take note of the important dates.

Coming next is Ex-date on 17 Nov 2021.
Price will be adjusted based on 16 Nov closing price, rights issue price (0.12) and warrant exercise price (0.15).

==================================
Get your money ready if your are subscribing for the rights issue with free warrants.

TAYOR

Posted by whistlebower99 > 2021-11-05 17:46 | Report Abuse

ARB drops almost 25% on proposed rights issue of new shares.
Directors resorting to fast and easy way to raise company fund instead of focusing on generating more profits from businesses.

dlau8899

915 posts

Posted by dlau8899 > 2021-11-05 19:48 | Report Abuse

Drop below 0.12

Posted by Azhari1082 > 2021-11-05 20:45 | Report Abuse

whistleblower99...where do you get 0.15 cents as the the exercise price for warrant?

Posted by whistlebower99 > 2021-11-05 22:17 | Report Abuse

Azhari1082, read this announcement.

https://www.klsescreener.com/v2/announcements/view/3447921

sychern

114 posts

Posted by sychern > 2021-11-06 20:15 | Report Abuse

QR will be out next week. Any idea?

Posted by Azhari1082 > 2021-11-07 12:21 | Report Abuse

thanks a lot whistleblower99

Posted by StockSniperKing > 2021-11-08 09:40 | Report Abuse

@sychern their oil bunkering is working on, hopefully there are good sign on coming QR.

AlfI3

1,251 posts

Posted by AlfI3 > 2021-11-08 09:52 | Report Abuse

Many thanks to whistleblower99 for highlighting us on the free warrant exercise prc. May you also advise whether FAST related to any Fintec group?

Posted by Azhari1082 > 2021-11-08 10:27 | Report Abuse

friday last week seems got collection at 0.135 cents,same as today

cheehao

3 posts

Posted by cheehao > 2021-11-08 10:39 | Report Abuse

When should we have the payment ready? On entitlement date?

Posted by StevenKhoo111 > 2021-11-08 10:43 | Report Abuse

@AlfI3
Not fintec but kanger, Goreng kaki.

Posted by StevenKhoo111 > 2021-11-08 10:44 | Report Abuse

Anyhow I am looking good on FAST, which they are really doing thing. Onside, Just like some investor, prefer not with kanger.

Posted by chaiys70 > 2021-11-08 13:08 | Report Abuse

这个公司现在还是没有债务的净现金公司,现在只是卖掉不赚钱的本业,本业只保留还会赚钱的生产什么晶片清洗胶业务,又发附加股买了介入海上加油业务,还有就是浅浅的买了别人生产的太阳能设备来组装进军太阳能业务,自己还不会。现在想要筹一亿来买加油船什么的,也没有讲清楚。我真不知道为什么附加股要定价那么低,现在被套了,也只能决定拿附加股,大量降低成本,看几个季度再说,其实这个公司虽然不厉害赚钱,那么多年还是有好好做生意的。现在真的只希望管理层不要骗人,好好拿钱去发展,不要掏空吃完钱,接下来几季如果要掏空,做一季亏500万1000万就真的完了。

Posted by whistlebower99 > 2021-11-08 13:42 | Report Abuse

Depends on whether trapped high or many months ago from 60 to now below 20 with losses of 30 - 70%.

Company is good but people or shadow running the company could cause confidence and trust issue to shareholders.

dlau8899

915 posts

Posted by dlau8899 > 2021-11-08 15:43 | Report Abuse

After right issue may go to 0.05

Posted by Azhari1082 > 2021-11-08 16:47 | Report Abuse

right issue at 0.12 cent,but price touched 0.125 cents already..what is market maker trying to do? fake right issue?

kyeap1959

12 posts

Posted by kyeap1959 > 2021-11-08 17:28 | Report Abuse

impeccable trick

AlfI3

1,251 posts

Posted by AlfI3 > 2021-11-08 17:33 | Report Abuse

@StevenKhoo111, Many thx for ur clarifications. Hope u dun mind to kindly guide "how to differentiate these goreng kaki w the Fintech grp"?

Not fintec but kanger, Goreng kaki.
08/11/2021 10:43 AM

Posted by gorengkitty > 2021-11-08 19:08 | Report Abuse

see la got ppl write stuff confirm dump time, hailat gao gao weh

Posted by gorengkitty > 2021-11-08 19:08 | Report Abuse

i also forgotten my holdings in my alt investment acct, jialat liao

MZM2511

4,453 posts

Posted by MZM2511 > 2021-11-08 21:17 | Report Abuse

If the price before the Ex-Date of the right issue transacted below 12 sen, that means the situation will be as what happened to the last RI exercise of Kanger.

Maybe, it's a probability that the same gang of operator/s involved. TAYOR...

Posted by Azhari1082 > 2021-11-09 09:39 | Report Abuse

for me no point to subscribe right issue if the price almost touch 0.12 cent...be careful guys.

jayden007

51 posts

Posted by jayden007 > 2021-11-09 11:16 | Report Abuse

Ya lo issue price 12 sen , i also don wan suscribe RI .
Free warrant also rubbish 1-2sen . Buy for what .

Posted by whistlebower99 > 2021-11-09 12:31 | Report Abuse

Directors are responsible to ensure success of rights issue exercise to raise fund from shareholders but they are not responsible to ensure shareholders make money from subscription of rights issue shares.

Posted by StockSniperKing > 2021-11-09 13:58 | Report Abuse

我觉得大家都有失望的看点不过我觉得至少比起别的业务,他们真的在努力搞自己的业务。不像别的公司,一直在炒作.。。

darkxfs

2,121 posts

Posted by darkxfs > 2021-11-09 19:30 | Report Abuse

Time to buy

Posted by Bigshark69 > 2021-11-09 20:24 | Report Abuse

I still hold..

dlau8899

915 posts

Posted by dlau8899 > 2021-11-10 08:54 | Report Abuse

0.05 after right issue

sychern

114 posts

Posted by sychern > 2021-11-10 11:47 | Report Abuse

17/11 Ex-date
19/11 commencement for trading of rights
25/11 last day of sale for rights
3/12 last day of acceptance & payment
17/12 Tentative listing date

Posted by masterwahsing > 2021-11-10 11:59 | Report Abuse

got chance to push up to 20c.... becos the right is 12c...next mnday maybe goreng

Posted by masterwahsing > 2021-11-10 12:00 | Report Abuse

or me no point to subscribe right issue if the price almost touch 0.12 cent...be careful guys.
09/11/2021 9:39 AM

jayden007 Ya lo issue price 12 sen , i also don wan suscribe RI .
Free warrant also rubbish 1-2sen . Buy for what .



YES,,,,,GOOD POINT....SO WILL GORENG MONDAY TO 20C

sychern

114 posts

Posted by sychern > 2021-11-10 12:19 | Report Abuse

What is Adjusted price if market price remain 0.12 till ex-date?

Posted by Azhari1082 > 2021-11-10 12:26 | Report Abuse

12 cent already..huhu

Posted by whistlebower99 > 2021-11-10 12:30 | Report Abuse

Posted by davidts95 > Nov 3, 2021 1:00 PM | Report Abuse

https://klse.i3investor.com/blogs/newwayinvest/2021-11-03-story-h1593658713.jsp

===============================
20 was cheap.

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

Worse case happening to ARBB, sliding down after announcement of proposal of rights issue.

More investors are not keen on company with directors who are greedy in raising fund by frequent or massive shares issuance

After completion of rights issue exercise, price normally dropped below rights issue price.
Some recent examples....kanger, pdz, lambo, pasukgb

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

Posted by StevenKhoo111 > 2021-11-10 16:16 | Report Abuse

@masterwahsing always got chance to push up, now the operator already successfully push the price to 0.12, we can expect some small hiccups anysoon

Posted by Azhari1082 > 2021-11-10 16:43 | Report Abuse

one good example of right issue is scnwolf...bcmall and kanger very bad,pasukgb and sanichi still good by giving some profitable goreng time.

chtan33

242 posts

Posted by chtan33 > 2021-11-10 23:39 | Report Abuse

anything below 12c, mean nobody gonna take up the rights !

Posted by StockSniperKing > 2021-11-11 09:23 | Report Abuse

Seems oil bunkering market is slowly getting better

dlau8899

915 posts

Posted by dlau8899 > 2021-11-11 13:37 | Report Abuse

0.05 after right issue

lastwing

20 posts

Posted by lastwing > 2021-11-11 15:50 | Report Abuse

no way 0.05, dream too much bro

lastwing

20 posts

Posted by lastwing > 2021-11-11 15:51 | Report Abuse

share price will go up with increase oil demand and price

Posted by speedhunter35 > 2021-11-11 18:17 | Report Abuse

No hope. Surely below 10c. Goodluck

khpwwl

3,404 posts

Posted by khpwwl > 2021-11-12 09:48 | Report Abuse

7 year new low...like after right issue, it will sideway another 4-5years, let the directors to take up all RI...after RI only see this counter

kyeap1959

12 posts

Posted by kyeap1959 > 2021-11-12 17:26 | Report Abuse

beware for the sharks

mystery

491 posts

Posted by mystery > 2021-11-13 14:17 | Report Abuse

Oil bunkering business profitable or not? Look at Straits, the profit margin is very low for Straits. What make market expect Fast can earn more from this? Fast's share number will become more after right issue.

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