FAST ENERGY HOLDINGS BERHAD

KLSE (MYR): FAST (0084)

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Last Price

0.06

Today's Change

0.00 (0.00%)

Day's Change

0.055 - 0.06

Trading Volume

55,100


13 people like this.

6,263 comment(s). Last comment by Amir Zakwan 2 weeks ago

khpwwl

3,477 posts

Posted by khpwwl > 2022-05-23 15:33 | Report Abuse

someone throw, someone grab

khpwwl

3,477 posts

Posted by khpwwl > 2022-05-23 15:38 | Report Abuse

esos issued if not goreng, directors also cant get money, right?

davidts95

253 posts

Posted by davidts95 > 2022-05-23 15:51 | Report Abuse

depends on esos issue price, of course the directors will keep their pocket full

ElijahYH

238 posts

Posted by ElijahYH > 2022-05-23 15:56 | Report Abuse

Just the nature of the business, We can actually see the business is slowly bringing in profit

ElijahYH

238 posts

Posted by ElijahYH > 2022-05-23 15:56 | Report Abuse

is consider good potential stock, will grow up soon. may do some invest.

vale0111

160 posts

Posted by vale0111 > 2022-05-23 15:57 | Report Abuse

Possible rebound coming soon? Volume starting to show up now

vale0111

160 posts

Posted by vale0111 > 2022-05-23 15:57 | Report Abuse

Still value for current price

davidts95

253 posts

Posted by davidts95 > 2022-05-23 16:43 | Report Abuse

price at support range now, high chance of rebound in upcoming weeks

RX350

1,968 posts

Posted by RX350 > 2022-05-23 20:38 | Report Abuse

Good

Silent88

65 posts

Posted by Silent88 > 2022-05-24 08:00 | Report Abuse

Good , collecting more

khpwwl

3,477 posts

Posted by khpwwl > 2022-05-24 10:11 | Report Abuse

pushing down

khpwwl

3,477 posts

Posted by khpwwl > 2022-05-24 10:20 | Report Abuse

is it the qtr report very good, so pushing down?

Posted by whistlebower99 > 2022-05-24 10:37 |

Post removed.Why?

Let's Gooooo

1,616 posts

Posted by Let's Gooooo > 2022-05-24 10:51 | Report Abuse

This company is funny. Disposed most of its technology manufacturing companies, yet still doesn't change its website.

Let's Gooooo

1,616 posts

Posted by Let's Gooooo > 2022-05-24 10:52 | Report Abuse

Doesn't change its field as well

khpwwl

3,477 posts

Posted by khpwwl > 2022-05-24 10:54 | Report Abuse

esos sale?

Posted by whistlebower99 > 2022-05-24 10:55 | Report Abuse

Big seller opened another floodgate at 0.05
How many more will be opened ?

FAST-WA also at risk.

khpwwl

3,477 posts

Posted by khpwwl > 2022-05-24 11:01 | Report Abuse

almost 50000 x 100 units of shares up down up down, beside directors not more ppl got so much shares to play around

Posted by BryanVincentSteven > 2022-05-24 11:05 | Report Abuse

The new company website is https://fastenergy.com.my/

khpwwl

3,477 posts

Posted by khpwwl > 2022-05-24 11:40 | Report Abuse

wanna to pn17 is it?

kyeap1959

12 posts

Posted by kyeap1959 > 2022-05-24 11:41 | Report Abuse

Multiple proposal same modus op as Kanger.

Posted by whistlebower99 > 2022-05-24 11:46 | Report Abuse

Sama sama same modus operandi with Kanger
Fund raising via Rights issue, ESOS and PP
Shares issuance for asset acquisition
Followed by Shares Consolidation !!!

Many loyal supporters caught with pants down
Master stroke corporate exercises by Steve Quah???

kyeap1959

12 posts

Posted by kyeap1959 > 2022-05-24 12:02 | Report Abuse

Steve Quah - CCK and Kanger substaintial shareholder. Hope not in Fast

Posted by whistlebower99 > 2022-05-24 12:16 | Report Abuse


Kuah Choon Ching, a Malaysian aged 36, was appointed as a director of Kanger
International Berhad on 24 August 2020 and is also the Managing Director of CCK
Petroleum Group.

Acquisition of 175,000 ordinary shares in CCK Petroleum Sdn Bhd ("CCKSB"), representing 35.0% equity interest in CCKSB from Kuah Choon Ching for a purchase consideration of RM26,250,000 to be satisfied via a combination of RM16,170,000 in cash and RM10,080,000 via the issuance of 23,441,860 new Techfast Shares at an issue price of RM0.43 per Techfast Share. 24 Mar 2021

Ceased to be substantial shareholder due to disposal of 15,302,325 ordinary shares via open market transaction. 18 Oct 2021

Posted by JunHoHoHoHo > 2022-05-24 12:25 | Report Abuse

just a little bit more, we are out of the tunnel guys

Posted by JunHoHoHoHo > 2022-05-24 12:50 | Report Abuse

try my luck on 0.045

davidts95

253 posts

Posted by davidts95 > 2022-05-24 15:22 | Report Abuse

In the proposed acquisition, Fast Energy will acquire 175,000 ordinary shares, representing 35.0% equity interest in CCKSB, from CCKSB shareholder Mohd Faizul bin Nasir for a purchase consideration of MYR 28,000,000.

This amount is to be satisfied via a combination of MYR 23,972,660 in cash and MYR 4,027,340 via the issuance of 11,800,000 new ordinary shares in Fast Energy after the completion of the Proposed Share Consolidation at an issue price of MYR 0.3413 per Fast Energy Share.

Upon completion of the proposed acquisition, Fast Energy will hold 70% equity interest in CCKSB and accordingly, CCKSB will become a subsidiary company of Fast Energy.

The proposed acquisition is to consolidate profits generated by CCKSB into Fast Energy, and the acquisition of additional equity interest in CCKSB is expected to allow the Group to recognise a higher percentage of PAT (profits after taxation) from CCKSB, explains Fast Energy.

davidts95

253 posts

Posted by davidts95 > 2022-05-24 15:22 | Report Abuse

The Proposed Acquisition would also increase the earnings of Fast Energy Group moving forward, premised on the Profit Guarantee provided by the vendor, Mohd Faizul bin Nasir, to Fast Energy for a period of one financial year up to the FYE 31 December 2023, of which the total profit attributable to Fast Energy is MYR 1,750,000 pursuant to the Proposed Acquisition as well as the future prospects of CCKSB.

CCKSB’s revenue is primarily contributed from the trading of marine fuel and adopts an asset-light business model whereby CCKSB does not own any vessels and instead relies on its suppliers’ vessels to deliver petroleum products directly to its customers.

Its business network enables the company to supply marine fuels to customers with marine operations in or that are transiting major ports in Malaysia in particular the Johor Port, Penang Port and Port Klang areas.

value8888

113 posts

Posted by value8888 > 2022-05-24 15:27 | Report Abuse

kanger not longer have power with Fast. Fast now is highly rely on oil bunkering. Which a very big chance to flip over

value8888

113 posts

Posted by value8888 > 2022-05-24 15:28 | Report Abuse

But dunno when ? Put it too long term ba

Posted by Hadi2878 > 2022-05-24 21:04 | Report Abuse

Sudah beli 0.06...
Kalau jual rugi.
Simpan dulu lah...
Huhuhu..

khpwwl

3,477 posts

Posted by khpwwl > 2022-05-24 23:07 | Report Abuse

0.05....tmr don't know will hit new low or not.

drkewsc

11 posts

Posted by drkewsc > 2022-05-24 23:37 | Report Abuse

The most fuxx up company in the KLSE, the worst Managment ever, keep private placement to get more money. Wasted company

khpwwl

3,477 posts

Posted by khpwwl > 2022-05-25 10:28 | Report Abuse

apa hal today almost 1 hr no movement....thought today big seller throw again 0.045-0.05

khpwwl

3,477 posts

Posted by khpwwl > 2022-05-25 10:37 | Report Abuse

coming hit new low

khpwwl

3,477 posts

Posted by khpwwl > 2022-05-25 10:40 | Report Abuse

is it wanna to close down?

Kok3Ken

108 posts

Posted by Kok3Ken > 2022-05-25 10:59 | Report Abuse

how is hitting low = close down ?

hitting new high meaning EVERYONE MILLIONAIRE ?

vale0111

160 posts

Posted by vale0111 > 2022-05-25 11:08 | Report Abuse

FAST 正在提供多元化而稳定的收入来源。 虽然市场上出现了重大的调整,但由于企业活动后的抛售压力大大降低,对该公司股价的影响很小。 我预计 FAST 将成为 2022 年的黑马股之一,尤其是在当前水平如此低的投资成本下。

对我来说,当市场上存在着如此高折扣股价的公司(FAST) , 为何要选择其他拥有高 PEX 的公司呢? 一旦 FAST 在下个季度扭亏为盈,我个人的短期目标价将是 RM0.100。 。

https://klse.i3investor.com/web/blog/detail/ChineseIndicator/2022-03-11-story-h1600187656-How_FAST_can_this_company_go

vale0111

160 posts

Posted by vale0111 > 2022-05-25 11:08 | Report Abuse

oil price on uptrend anyway, their product compliance IMO 2025

Posted by jonathansiew > 2022-05-25 15:47 | Report Abuse

Strong support showing now, can hold for mid-long term

davidts95

253 posts

Posted by davidts95 > 2022-05-25 16:49 | Report Abuse

vale0111 stock price still haven't reflected on the spiking oil price yet, more to come for FAST

nasilemak5

267 posts

Posted by nasilemak5 > 2022-05-25 16:58 | Report Abuse

Not only fast, many share price today is not doing good. Haizzz....

nasilemak5

267 posts

Posted by nasilemak5 > 2022-05-25 16:58 | Report Abuse

Very bad market sentiment, Fast is consider ok, Just need more time to pick the share price up only

Posted by BryanVincentSteven > 2022-05-26 11:48 | Report Abuse

nasilemak5, I assume u are the internal people of Fast. Fast is considered ok?

1. New low at 0.045 yesterday.
2. Private Placement multiple times.
3. Money left hand to right hand to CCK Petroleum which is Steven Kuah company.
4. After Private Placement, Steven Kuah will transfer the money out to CCK Petroleum.
5. After that , share consolidated, push the price up to get ready for next round of goreng.

Fast old directors sold the company to Steven Kuah and the gang already. This company is purely goreng counter. Once Steven Kuah got sufficient money already, this company will be abandoned.

likebug

17 posts

Posted by likebug > 2022-05-26 12:03 | Report Abuse

ini counter banyak anjing.... anjing con u buy

Posted by BryanVincentSteven > 2022-05-26 12:48 | Report Abuse

This is very normal to manipulate the stock price in Malaysia.
But the way of doing it by MD Tan Wye Chuan & Steven Kuah is very greedy & unethical.

We can see the same mechanism applied by them on Fast & Kanger. Those long-term investors from last time who bought at 0.40 & above experiencing big losses. This kind of practice is very unethical. You also have children and please do some good things & give good example to your children.

value8888

113 posts

Posted by value8888 > 2022-05-26 13:39 | Report Abuse

When people don't like it, Share price still on going....

khpwwl

3,477 posts

Posted by khpwwl > 2022-05-26 15:39 | Report Abuse

0.04-0.045 share price company...business still can operate?

Posted by kobaytanhl > 2022-05-26 15:56 | Report Abuse

What you should know about FAST (KLSE: 0084) before investing?

As a long-time follower for the company, I noticed that there is a lack of confidence by investors as displayed in the recent subscription results in their rights issue. Most people would think this is the end for FAST, but in reality, there is something hidden that you must know about the rights issuance.

Out of the 810.17 million rights shares with warrants available, it would seem like only 174.39 million of it were subscribed. But if you were to look closer on the rights issue announcement, majority of the investors who opted in for the subscription had actually DOUBLED their subscription count.

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