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

2,368,800


13 people like this.

6,179 comment(s). Last comment by kfliau 1 hour ago

sychern

114 posts

Posted by sychern > 2021-11-15 01:13 | Report Abuse

profit margin low but if compare to tech fast we can say OK. Just wait for QR.

khpwwl

3,404 posts

Posted by khpwwl > 2021-11-15 09:53 | Report Abuse

my opinion,they wouldnt goreng...they will let it drop as low as it can

sychern

114 posts

Posted by sychern > 2021-11-15 15:17 | Report Abuse

@khpwwl Will has a limit, you can see Fast's capital now only 49M if compare previous capital. It is almost same as 2012, ten years ago. You think the boss will let their money suffer such loss?

tonygofly

275 posts

Posted by tonygofly > 2021-11-15 16:54 | Report Abuse

guessing the lowest point is around here now, capital + revenue slowing flowing into FAST, expecting goreng + rebound in a near time

khpwwl

3,404 posts

Posted by khpwwl > 2021-11-15 18:31 | Report Abuse

Sychern, I really disappointed on this counter

khpwwl

3,404 posts

Posted by khpwwl > 2021-11-15 18:35 | Report Abuse

It dropped til almost new low...

Posted by Azhari1082 > 2021-11-15 22:43 | Report Abuse

my sifu told me so many time,trade base on chart...not by anything else.proven true,indeed.

Posted by speedhunter35 > 2021-11-15 23:39 | Report Abuse

dont try hard liao.. the fact is fast is no longer fast.. just touch 11.5 isnt.. hehehe

khpwwl

3,404 posts

Posted by khpwwl > 2021-11-16 09:40 | Report Abuse

go to holland liao..no hope

ahbang94

34 posts

Posted by ahbang94 > 2021-11-16 09:47 | Report Abuse

100% no hope liao this counter

Posted by whistlebower99 > 2021-11-16 16:57 | 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 grabConUlar > 2021-11-16 17:19 |

Post removed.Why?

Posted by AbangPhelheim > 2021-11-17 00:52 | Report Abuse

FAST is good business..

khpwwl

3,404 posts

Posted by khpwwl > 2021-11-17 09:18 | Report Abuse

rubbish ....

sychern

114 posts

Posted by sychern > 2021-11-17 09:25 | Report Abuse

If no subscribe what will happen to my shares on hand?

khpwwl

3,404 posts

Posted by khpwwl > 2021-11-17 09:30 | Report Abuse

let the directors buy back his RI, rubbish counter

khpwwl

3,404 posts

Posted by khpwwl > 2021-11-17 09:32 | Report Abuse

1st ly RI, at 0.4++ already cheated us...

khpwwl

3,404 posts

Posted by khpwwl > 2021-11-17 10:25 | Report Abuse

rubbish, buy and dump, buy and dump

tonygofly

275 posts

Posted by tonygofly > 2021-11-17 15:19 | Report Abuse

maybe? good price right now

Posted by moremoneyooo > 2021-11-17 16:07 | Report Abuse

Price already break 0.115. Not a good sign. Be very careful.

Eric963708

192 posts

Posted by Eric963708 > 2021-11-17 17:24 | Report Abuse

like 老千股

sg999

1,745 posts

Posted by sg999 > 2021-11-18 00:32 | Report Abuse

FAST=KANGER

Shines

2,747 posts

Posted by Shines > 2021-11-18 12:07 | Report Abuse

Just throw away the RI papers, free warrant 0.05 only what is the use. Dont have to waste time to buy the bank draft for RI

hh223

113 posts

Posted by hh223 > 2021-11-18 14:00 | Report Abuse

0.05? v. good if it is 5cts !

Posted by whistlebower99 > 2021-11-18 14:43 | 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.

sychern

114 posts

Posted by sychern > 2021-11-18 15:43 | Report Abuse

Who want subscribed here????

Peace99

2,239 posts

Posted by Peace99 > 2021-11-18 16:01 | Report Abuse

@koxkox, thanks for the helpful write up below:
https://klse.i3investor.com/blogs/JBLwithkoxkox/2021-11-17-story-h1593872124-What_investors_should_know_about_FAST_KLSE_0084_beyond_rights_issue.jsp

@Justinwee, good points!

Just want to add that the contracts worth over RM 4 billion to supply bunker fuel is based on "future" fuel price, so this means there is not much risk due to fuel price movements!

See for example:
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3163788

Abstract from announcement: "....The price of the Products shall be based on the average price per metric tonne as reported by S&P
Global Platts in Singapore (Mean of Platts Singapore), plus an agreed premium throughout the
Contract Period effective for the relevant shipment of the Products on the weighted moving
average for each month (inclusive of the first and last day of the month)."

So it's puzzle to me why with such good prospects the share price is so low? I think it's a good time to buy & join the group!!

Peace99

2,239 posts

Posted by Peace99 > 2021-11-18 17:48 | Report Abuse

Correct me if I missed key points!

Peace99

2,239 posts

Posted by Peace99 > 2021-11-18 18:26 | Report Abuse

Great! Assuming just 10% profit from the contracts, that's already over 400mil!

khpwwl

3,404 posts

Posted by khpwwl > 2021-11-19 09:03 | Report Abuse

OR-0.005...adui

sychern

114 posts

Posted by sychern > 2021-11-19 09:14 | Report Abuse

What is fast or

khpwwl

3,404 posts

Posted by khpwwl > 2021-11-19 09:46 | Report Abuse

all throw..tak mahu rubbish

Citadel9999

2,878 posts

Posted by Citadel9999 > 2021-11-19 09:49 | Report Abuse

who want the RI go buy la dun talk only, got 50million units there!!! hahaha

Citadel9999

2,878 posts

Posted by Citadel9999 > 2021-11-19 09:50 | Report Abuse

many pormoters but zero buying volume, all cakap syok Saja???

khpwwl

3,404 posts

Posted by khpwwl > 2021-11-19 09:55 | Report Abuse

ya lah.....so many 0.005 + 0.12 free 1 warrant, later adjust again mother shares...habis...investment berapa lost berapa...rubbish counter forever rubbish counter

khpwwl

3,404 posts

Posted by khpwwl > 2021-11-19 09:57 | Report Abuse

500k only mah if buy all 0.05, the company also dont want, coz they already know what will happened next.......hahaha

Citadel9999

2,878 posts

Posted by Citadel9999 > 2021-11-19 09:58 | Report Abuse

so many articles but nobody want to buy more OR??? haha

khpwwl

3,404 posts

Posted by khpwwl > 2021-11-19 10:31 | Report Abuse

take all your money....

sychern

114 posts

Posted by sychern > 2021-11-19 10:49 | Report Abuse

Who know Adjusted mother price later??

Posted by whistlebower99 > 2021-11-19 11:37 | Report Abuse

FOR NEWBIES

Trading of OR from 17 Nov - 25 Nov

Price = 0.005 seller quote as stock price is at 0.115 compared to the rights price of 0.12

If stock price is not supported at higher than 0.12 before closing date (3 Dec), most likely many shareholders will not subscribe for the rights share.

Could be a blessing for the retail shareholders as dilution of shareholdings equity will be minimal unless operators scoop up most of the rights shares via excess application.

Best is minimum subscription scenario involving less than 100 mil shares instead of 909 mil shares.

The Proposed Rights Issue with Warrants is undertaken on the Minimum Subscription Level after taking into consideration the minimum gross proceeds we intend to raise from the Proposed Rights Issue with Warrants amounting to RM9,047,603. Pursuant thereto, the Undertaking Shareholder had on 24 May 2021 provided its undertaking to subscribe for its Rights Shares entitlement and excess application if required amounting to the minimum amount of RM9,047,603.

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

chtan33

242 posts

Posted by chtan33 > 2021-11-22 09:26 | Report Abuse

will FAST share be adjusted lower later? after Rights?

chtan33

242 posts

Posted by chtan33 > 2021-11-22 09:27 | Report Abuse

no point to subscribe even if no adjust down. adjust down, even worse...

KINGCOBRA

550 posts

Posted by KINGCOBRA > 2021-11-22 09:32 | Report Abuse

after changing company name the share price became worst...another con counter beware! luckily cut loss at 0.195 much much earlier

ahbang94

34 posts

Posted by ahbang94 > 2021-11-22 09:58 | Report Abuse

shareholder should goreng the share price ah

khpwwl

3,404 posts

Posted by khpwwl > 2021-11-22 10:06 | Report Abuse

all sell the OR....sampah

khpwwl

3,404 posts

Posted by khpwwl > 2021-11-22 10:08 | Report Abuse

9.10 am til now 1 hours already, nobody wanna to buy...disappointed

khpwwl

3,404 posts

Posted by khpwwl > 2021-11-22 10:10 | Report Abuse

if lesser investors subscribe, no fund not raise enuf, how the company operated???

ahbang94

34 posts

Posted by ahbang94 > 2021-11-22 10:11 | Report Abuse

fast wont have money to support the working capital dy.. everyone upset......

khpwwl

3,404 posts

Posted by khpwwl > 2021-11-22 10:22 | Report Abuse

either they purposely do that, they wanna to corner the warrant????

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