FAST ENERGY HOLDINGS BERHAD

KLSE (MYR): FAST (0084)

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Last Price

0.07

Today's Change

0.00 (0.00%)

Day's Change

0.065 - 0.07

Trading Volume

348,900


13 people like this.

6,143 comment(s). Last comment by davidts95 43 minutes ago

tonygofly

272 posts

Posted by tonygofly > 2022-02-23 16:08 | Report Abuse

good luck! more to come next few weeks

Shines

2,734 posts

Posted by Shines > 2022-02-24 10:57 | Report Abuse

Yes Fast down

newguy0801

1,616 posts

Posted by newguy0801 > 2022-02-24 11:16 | Report Abuse

Already pull out lmao

newguy0801

1,616 posts

Posted by newguy0801 > 2022-02-24 11:17 | Report Abuse

New queue 0.55

Posted by whistlebower99 > 2022-02-24 17:00 | Report Abuse

opportunity to collect more to be substantial shareholder
:)

value8888

113 posts

Posted by value8888 > 2022-02-24 17:34 | Report Abuse

not the best opportunity yet, if you know what I mean, if ww3 really happen, everything will go much lower

Shines

2,734 posts

Posted by Shines > 2022-02-25 08:13 | Report Abuse

WW wont la

tonygofly

272 posts

Posted by tonygofly > 2022-02-28 16:53 | Report Abuse

YINSON & FAST on the list? still need more volume to push la

cheehao

3 posts

Posted by cheehao > 2022-02-28 17:19 | Report Abuse

No qr?

NorazmiAR

93 posts

Posted by NorazmiAR > 2022-02-28 19:19 | Report Abuse

Congratulation to all investor here....this is the 2nd highest revenue quarter for FAST since 2012!!!

newguy0801

1,616 posts

Posted by newguy0801 > 2022-02-28 19:41 | Report Abuse

It's still negative profit though.

newguy0801

1,616 posts

Posted by newguy0801 > 2022-02-28 19:46 | Report Abuse

Just like what I said, high oil price is not good for oil bunkering when they rely on fixed premiums based on contracts.

tonygofly

272 posts

Posted by tonygofly > 2022-03-01 16:18 | Report Abuse

QR looking decent, already show improvement with this business model

tonygofly

272 posts

Posted by tonygofly > 2022-03-01 16:19 | Report Abuse

With the current price, downside is really the lowest right now

newguy0801

1,616 posts

Posted by newguy0801 > 2022-03-01 16:22 | Report Abuse

value8888, it's on demand, but the oil price is still very high. Wait till it drop only buy oil bunkering shares.

newguy0801

1,616 posts

Posted by newguy0801 > 2022-03-01 16:30 | Report Abuse

You need a balanced oil demand where it isn't high yet not low. You can look at Straits Logistic's QR for reference as well.

khpwwl

3,404 posts

Posted by khpwwl > 2022-03-03 11:26 | Report Abuse

almost drop 90%...this company will go to PN17 or not?

freddiehero

16,715 posts

Posted by freddiehero > 2022-03-03 11:34 | Report Abuse

fast money ka ini?

NorazmiAR

93 posts

Posted by NorazmiAR > 2022-03-03 12:08 | Report Abuse

I'm so sorry, I forgot to mention "Congratulation to all investor here....this is the 3rd lowest nett profit quarter for FAST since 2012!!!

For speculators please chase this FAST growing revenue company to get FAST result.
For value investor, please invest in cyclical stock like palm oil plantation, O&G or maybe got chance STEEL.

I have lost 47k in FAST last year (down 40%) and relocate to O&G and Palm oil which already up 90% (XXXk) this year

Hazmi90

118 posts

Posted by Hazmi90 > 2022-03-03 12:37 | Report Abuse

Drop 90 percent and stop dropping. Anytime to fly ?

abc333

1,492 posts

Posted by abc333 > 2022-03-08 10:21 | Report Abuse

Drop fast

tonygofly

272 posts

Posted by tonygofly > 2022-03-08 18:34 | Report Abuse

rebound also fast

abc333

1,492 posts

Posted by abc333 > 2022-03-09 17:08 | Report Abuse

need holding power for this stock. worth to hold and c

newguy0801

1,616 posts

Posted by newguy0801 > 2022-03-10 16:34 | Report Abuse

Long ago, I predicted it will fall, that's why ask to profit first. Now, you can buy at cheaper rates after you profited.

newguy0801

1,616 posts

Posted by newguy0801 > 2022-03-10 16:39 | Report Abuse

Hope oil price drops to low price, then buy into oil bunker and O&G support counters. These period they can enjoy the low transportation costs while earning fixed premiums. So, balanced oil demand = win win.

newguy0801

1,616 posts

Posted by newguy0801 > 2022-03-10 16:39 | Report Abuse

Wait Russian-Ukraine War ends to decide.

newguy0801

1,616 posts

Posted by newguy0801 > 2022-03-10 17:38 | Report Abuse

Hahaha, fake writers putting fake information in fake articles.

newguy0801

1,616 posts

Posted by newguy0801 > 2022-03-10 17:39 | Report Abuse

FAST already sold their fasteners sector away. The only relevant industry left is their mold cleaning compound sector

newguy0801

1,616 posts

Posted by newguy0801 > 2022-03-10 17:40 | Report Abuse

For solar sector, I have no comment as I am clueless about it, but it is only a small part of FAST.

newguy0801

1,616 posts

Posted by newguy0801 > 2022-03-10 17:41 | Report Abuse

For oil bunkering, this is definitely not the time to buy due to high oil prices. With fixed margin, high oil prices hurt FAST. Bunker vessels consume fuel too.

newguy0801

1,616 posts

Posted by newguy0801 > 2022-03-11 13:15 | Report Abuse

Don't listen to people and buy now. Wait oil price stabilize before you buy.

newguy0801

1,616 posts

Posted by newguy0801 > 2022-03-12 20:00 | Report Abuse

GG, another set of private placements. Say bye bye to share price in these few months.

Posted by whistlebower99 > 2022-03-13 17:12 | Report Abuse

FOR NEWBIES

MORE FUND RAISING VIA SHARES ISSUANCE TO PP COMING SOON.
============
FAST ENERGY HOLDINGS BERHAD ("FAST ENERGY" OR THE "COMPANY")

PROPOSED PRIVATE PLACEMENT
On behalf of the Board of Directors of Fast Energy ("Board"), UOB Kay Hian Securities (M) Sdn Bhd ("UOBKH") wishes to announce that the Company proposes to undertake a private placement of up to 10% of the total number of issued shares of Fast Energy ("Fast Energy Share(s)" or "Share(s)") (excluding treasury shares, if any) to third party investor(s) to be identified later at an issue price to be determined later, pursuant to Sections 75 and 76 of the Companies Act 2016 ("Act") ("Proposed Private Placement").

Further details of the Proposed Private Placement are set out in the attachment enclosed.

This announcement is dated 11 March 2022.

NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING | https://www.klsescreener.com/v2/announcements/view/3517047

=========
Directors continue to raise fund via PP, after recently completed RI.
RI at 12sen, now PP will get lower than RI subscribers, probably at 6sen.
More dilution of shareholders equity % and EPS
NOSH CONTINUE TO INCREASE AFTER RECENT RI AND NOW PP

TAYOR

Hazmi90

118 posts

Posted by Hazmi90 > 2022-03-14 11:07 | Report Abuse

Aduh, apa pasal buat PP ni ?

Hazmi90

118 posts

Posted by Hazmi90 > 2022-03-14 11:10 | Report Abuse

Rasa newguy0801 betul, oil price ni memang masalah sikit bagi FAST, takpe. Bagi support je. FAST memang company baik. Tapi takdir mereka susah sikit. Xpe, support support. Next time FAST FAST naik share price bagi I happy sikit.

newguy0801

1,616 posts

Posted by newguy0801 > 2022-03-14 13:32 | Report Abuse

Dude, they are not making a profit during high Brent price, don't dream about it. Their loss in the last QR is caused by the high overhead operating costs. Do you know how expensive it is right now just to run their ships carrying the bunker fuel?

newguy0801

1,616 posts

Posted by newguy0801 > 2022-03-14 13:32 | Report Abuse

Fixed revenue + Increasing costs = Lost

newguy0801

1,616 posts

Posted by newguy0801 > 2022-03-14 19:11 | Report Abuse

I don't know whether you guys trolling, no read Bursa statements or what, the PP will be used to expand their oil bunkering business.

newguy0801

1,616 posts

Posted by newguy0801 > 2022-03-14 19:12 | Report Abuse

Now bunker fuel expensive, they can only buy little with low modal before selling the bunker fuel out. That's why PP, but PP not good for share price and short term trading. So, don't buy for 1 - 2 months.

Posted by whistlebower99 > 2022-03-15 09:42 | Report Abuse

FOR NEWBIES

FAST ENERGY HOLDINGS BERHAD (Formerly known as Techfast Holdings Berhad) - Offer and Grant of Options under Share Issuance Scheme ("SIS")
Pursuant to Rule 9.19(51) of the ACE Market Listing Requirements of Bursa Malaysia Securities Berhad, Fast Energy Holdings Berhad (Formerly known as Techfast Holdings Berhad) ("Fast Energy" or "Company") wishes to announce that it has offered options to the eligible persons under its SIS :

(a) Date of offer: 14 March 2022
(b) Exercise price of options offered: 0.05004
(c) Number of options offered: 118,452,016
(d) Closing Market Price of the Company's share of the Date of Offer: 0.06
(e) Number of options offered to Directors of Fast Energy: Tan Wye Chuan - 29,000,000 shares
(f) Vesting period of options offered: Not applicable

This announcement is dated 14 March 2022.

https://www.klsescreener.com/v2/announcements/view/3518309
====================
After RI fund raising, more fund raising via shares issuance to PP and ESOS
Reward for directors, employees and PP investors first

===================
NOSH continue to increase from shares issuance, diluting shareholders equity % and EPS

RI subscribers and retailer investors need to wait for company to produce good quarterly and annual results to get the reward

==================
Continue to monitor
quarterly results
directors plan for utilisation of company funds
directors plan for more fund raising via shares issuance

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

tonygofly

272 posts

Posted by tonygofly > 2022-03-15 16:55 | Report Abuse

The exercise, which is expected to be completed by the second quarter of 2022, is not expected to have any material effect on Fast Energy’s earnings and earnings per share for the financial year ending Dec 31, 2022.

https://www.theedgemarkets.com/article/fast-energy-proposes-private-placement-raise-rm471m-petroleum-trading-business

Posted by whistlebower99 > 2022-03-16 09:21 | Report Abuse

Total issued shares increased, EPS not affected ???
Not affected because it is still making losses.

newguy0801

1,616 posts

Posted by newguy0801 > 2022-03-18 13:21 | Report Abuse

Haha, please don't trust the article above.

tonygofly

272 posts

Posted by tonygofly > 2022-03-18 16:32 | Report Abuse

Stock market memang is about equity funding, no doubt about that

tonygofly

272 posts

Posted by tonygofly > 2022-03-18 16:34 | Report Abuse

learning how to differentiate good and bad fund raising is another story, everyone have their own opinion about this

Posted by whistlebower99 > 2022-03-21 15:26 | Report Abuse

FOR NEWBIES

FAST ENERGY HOLDINGS BERHAD (FORMERLY KNOWN AS TECHFAST HOLDINGS BERHAD) ("FAST ENERGY" OR THE "COMPANY") PROPOSED PRIVATE PLACEMENT
We refer to the earlier announcement dated 11 March 2022 in relation to the Proposed Private Placement.

On behalf of the Board, UOBKH wishes to announce that the listing application in relation to the Proposed Private Placement has been submitted to Bursa Malaysia Securities Berhad on 18 March 2022.

This announcement is dated 18 March 2022.
https://www.klsescreener.com/v2/announcements/view/3520565

======================
Assuming all outstanding 87,194,496 Warrants are exercised into new Fast Energy
Shares and 118,452,015 ESOS options (on a maximum number of Shares basis) are
granted and exercised prior to the implementation of the Proposed Private Placement,
the Company's enlarged number of issued Shares will be 785,119,456 Shares.
Accordingly, a total of 78,511,945 new Fast Energy Shares ("Placement Share(s)")
may be issued pursuant to the Proposed Private Placement.

https://www.klsescreener.com/v2/announcements/view/3517047

==========
Expect more fund raising from share issuance to ESOS and PP soon.

nasilemak5

255 posts

Posted by nasilemak5 > 2022-03-22 02:29 | Report Abuse

lol, how can you expect so many thing in once ?

tonygofly

272 posts

Posted by tonygofly > 2022-03-22 16:45 | Report Abuse

predict lord & the most hated guy in i3, hahaha

Posted by whistlebower99 > 2022-03-23 17:39 | Report Abuse

Comment of the day
=)
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