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

And a check-back onto their AP, we noted that the undertaking shareholding Firstberry is in fact the one who doubled down their investment into the company.

Why would they do so?

What is the rationale behind to keep supporting FAST despite the share price is dropping?

If they only needed to fulfil the requirement, why double down their investments?

These are some of the hot questions that investor must be able to answer before deciding to invest or not investing into FAST. For now, we are seeing a low volume, price hovering around at the current level due to some potential “collection” on the shares at a lower price.

I will leave the remaining part up to your imagination.

Posted by ElijahYH > 2022-05-26 16:01 | Report Abuse

Expansion plan in petroleum related products

As we mentioned that the first half of FAST is made up from semiconductor segment, the rest of it was actually in petroleum products, commodities, and bunker oil.

Further, it trades in petroleum products and commodities, including bunker oil. The company operates in Malaysia, the United States, Europe, and Asia. The company was formerly known as Techfast Holdings Berhad and changed its name to Fast Energy Holdings Berhad in July 2021. Fast Energy Holdings Berhad was incorporated in 2004 and is headquartered in Shah Alam, Malaysia.

Some of you may have not know about it, but some of the bunker oil that ships, and vessels are using are actually “dirty oil”, or fuel with high sulphur content. Pursuant to the implementation of IMO 2020 and ESG drive, the market will be moving towards low sulphur fuel oil – which is what FAST had billions worth of contract on hand waiting to be utilized. In fact, FAST is only one of the two listed companies in Malaysia who was involved in the LSFO business.

Obviously, the market have not factor in the potential growth of FAST who is involved in the sector. But luckily for non-investors yet for the company, tomorrow will be the ex-date for rights issue, which is the next topic we are going to talk about.

Posted by khpwwl > 2022-05-26 16:03 | Report Abuse

for me i still newbie in share market, but your view is same with my friend...but the share price keep dropping to make me very uncomfortable to buy this company share

Posted by jonathansiew > 2022-05-26 16:10 | Report Abuse

If you are worried about the price, just observe and wait, anything can happen

Posted by khpwwl > 2022-05-26 16:16 | Report Abuse

0.04 will hit lower or not...coz seem that it must clear 0.04 1st

Posted by jonathansiew > 2022-05-26 16:58 | Report Abuse

who knows, but unlikely for now, order book difference is too much

Posted by nasilemak5 > 2022-05-26 16:58 | Report Abuse

nasilemak5, I assume u are the internal people of Fast. Fast is considered ok?
If I internal people, tomorrow I all in to limit up the share price already. Lol.

Posted by nasilemak5 > 2022-05-26 17:12 | Report Abuse

Anyhow fast not longer relate with kanger. You never follow announcement update and come in tembak me only. lol

Posted by dlau8899 > 2022-05-26 19:16 | Report Abuse

May going down to 0.015 to 0.02

Posted by drkewsc > 2022-05-26 23:55 | Report Abuse

Just run this is the one of the most unethical company in KLSE. Young man trying to get fast money

Posted by khpwwl > 2022-05-27 09:24 | Report Abuse

dlau8899, if going down to 0.015 to 0.02, company can close down already

Posted by Hadi2878 > 2022-05-27 14:57 | Report Abuse

Ok Next week 0.030 - 0.035

Posted by JunHoHoHoHo > 2022-05-27 15:25 | Report Abuse

i can oso say may go up to 50 sen lol come blow water can lahh hahaha

Posted by JunHoHoHoHo > 2022-05-27 15:26 | Report Abuse

like elijah said lol,

the first half of FAST is comprised of semiconductors, while the latter half is comprised of petroleum products, commodities, and bunker oil.

Obviously, the market has not taken into account FAST's prospective expansion in the area. But, fortunately for non-investors and the company, the ex-date for the rights offering, which is the next topic we'll discuss, is tomorrow.

Posted by Kok3Ken > 2022-05-27 15:26 | Report Abuse

0.04 matched!!!

Posted by Kok3Ken > 2022-05-27 15:26 | Report Abuse

see u guys on next week!

Posted by tonygofly > 2022-05-27 15:55 | Report Abuse

the company wont close down la, really blow very big

Posted by tonygofly > 2022-05-27 15:55 | Report Abuse

market is bleeding right now, no eye see

Posted by ElijahYH > 2022-05-30 14:06 | Report Abuse

saw newspaper today, oil may reach 150usd hmmmmm

Posted by ElijahYH > 2022-05-30 14:06 | Report Abuse

i dont know man i feel this is like 狼来了，狼来了

Posted by JunHoHoHoHo > 2022-05-30 14:10 | Report Abuse

nice up with volume before lunch!

Posted by JunHoHoHoHo > 2022-05-30 14:11 | Report Abuse

plsssss keep it comeeinggg

Posted by Let's Gooooo > 2022-05-30 14:13 | Report Abuse

Definitely just temporary. Won't sustain

Posted by davidts95 > 2022-05-30 15:53 | Report Abuse

Take profit first.....

Posted by Let's Gooooo > 2022-05-30 15:54 | Report Abuse

Even 5 sens you also take. Don't hesitate

Posted by jonathansiew > 2022-05-30 16:37 | Report Abuse

rumors is in, Fast is involved in the funding part for LSSPV projects... (might be a JV with banks to fund them, or with some mega funds behind to support the EPCC / Concession Owner, funding size is around RM 800m)

Posted by jonathansiew > 2022-05-30 16:48 | Report Abuse

The funding size is RM 800.0 million, imagine how much cashflow per annum will be generated for Fast based on the current valuation...

Posted by Winer21 > 2022-05-30 21:12 | Report Abuse

Careful any time 0.035 cents

Posted by whistlebower99 > 2022-05-31 10:05 |

Post removed.Why?

Posted by davidts95 > 2022-05-31 16:02 | Report Abuse

jonathansiew, announcement coming this week??

Posted by Kok3Ken > 2022-05-31 16:27 | Report Abuse

Hearsay, Fast is involved in the funding of LSSPV projects... (Might be a joint venture with banks to fund them, or some big money behind them to help the EPCC / Concession Owner, funding size is around RM 800 million)

Imagine how much cashflow Fast will create each year based on the present valuation with a funding level of RM 800.0 million...

Posted by Kok3Ken > 2022-05-31 16:28 | Report Abuse

just got this at some group outhere, can anyone confirm it ??

Posted by whistlebower99 > 2022-05-31 16:53 | Report Abuse

Time Price Qty Type
16:44:10 PM 0.050 100 Seller
16:36:33 PM 0.045 72,600 Buyer
16:36:33 PM 0.045 100,000 Buyer
16:36:33 PM 0.045 200,000 Buyer
16:36:33 PM 0.045 80,000 Buyer
16:36:33 PM 0.045 47,400 Buyer
16:35:27 PM 0.045 12,300 Buyer
16:35:21 PM 0.045 40,300 Buyer
16:35:21 PM 0.045 409,700 Buyer
16:35:21 PM 0.045 90,300 Buyer
16:35:21 PM 0.045 30,000 Buyer
16:35:21 PM 0.045 30,000 Buyer
16:35:21 PM 0.045 300,000 Buyer
16:35:21 PM 0.045 10,000 Buyer
16:35:21 PM 0.045 39,700 Buyer
16:35:21 PM 0.045 460,300 Buyer
16:35:21 PM 0.045 39,700 Buyer
16:35:21 PM 0.045 60,300 Buyer
16:35:21 PM 0.045 439,700 Buyer
16:35:21 PM 0.045 60,300 Buyer
16:35:21 PM 0.045 439,700 Buyer
16:35:21 PM 0.045 60,300 Buyer
16:35:21 PM 0.045 439,700 Buyer
16:35:21 PM 0.045 60,300 Buyer
16:35:21 PM 0.045 439,700 Buyer
16:35:21 PM 0.045 60,300 Buyer
16:35:21 PM 0.045 300,000 Buyer
16:35:21 PM 0.045 139,700 Buyer

===================
Don't have to rush at 5sen

Posted by jonathansiew > 2022-05-31 16:53 | Report Abuse

More to come....

Posted by InsiderShark > 2022-06-01 13:07 | Report Abuse

someone stuck in this stock and now go everywhere to promote

Posted by jonathansiew > 2022-06-01 16:17 | Report Abuse

Kok3Ken rumors is true, the company will announce it soon

Posted by nasilemak5 > 2022-06-01 17:34 | Report Abuse

I hope the rumors is true la, then really turn to be a good news

Posted by tonygofly > 2022-06-02 16:29 | Report Abuse

The company recorded net profit of MYR 241,000 for its bunkering, vessel chartering and petroleum trading operations during Q1 2022. Revenue for the segment was MYR 50.5 million during the similar quarter.

More profit expect for Q2

Posted by vale0111 > 2022-06-02 17:27 | Report Abuse

doing well doing find, ada big player support nice

Posted by vale0111 > 2022-06-02 17:27 | Report Abuse

steady volume

Posted by tonygofly > 2022-06-02 17:42 | Report Abuse

Oil bunkering business are starting to bring it steady income stream now

Posted by kobaytanhl > 2022-06-03 14:02 | Report Abuse

Proposes a private placement in order to obtain RM4.71 million for a petroleum trading company.

Fast Energy Holdings proposes to raise up to RM4.71 million through a private placement of up to 78.51 million additional shares, or 10% of its total issued shares, at a later-determined issue price.

Posted by kobaytanhl > 2022-06-03 14:02 | Report Abuse

Because the company has already signed into contracts for its petroleum products, the money from the planned private placement will be utilised primarily to fund the working capital of the petroleum trading business.

(From The Edge)

Posted by whistlebower99 > 2022-06-03 15:19 |

Post removed.Why?

Posted by davidts95 > 2022-06-03 16:11 | Report Abuse

Waiting for the next big news now

Posted by whistlebower99 > 2022-06-03 16:44 | Report Abuse

Waiting for share consolidation

Directors spending more money
Last year bought 35% of CCKSB from Kuah CC
Buying another 35% of CCKSB from Mohd Faizul

Last year Kuah CC ceased to be substantial shareholder after disposal of Fast shares

Wait to see if the new seller will do the same style

Posted by value8888 > 2022-06-07 14:29 | Report Abuse

Not expecting too much, hopefully remain performance will do is good enough

Posted by davidts95 > 2022-06-07 16:08 | Report Abuse

oil bunkering is a good play overall...

Posted by JunHoHoHoHo > 2022-06-07 16:39 | Report Abuse

macam durian tree, slowly but rewarding

Posted by JunHoHoHoHo > 2022-06-07 16:39 | Report Abuse

best decision ever on oil bunkering