Posted by vale0111 > 2022-07-08 17:51 | Report Abuse

monday we see how , now everyday need to keep monitor on the US and the war

Posted by kobaytanhl > 2022-07-12 16:22 | Report Abuse

Fast now is highly rely on oil bunkering. Which a very big chance to flip over

Posted by kobaytanhl > 2022-07-12 16:22 | Report Abuse

not sure when, can buy small small Put it too long term ba

Posted by citadel888 > 2022-07-12 16:24 | Report Abuse

everyone talk how good how profitable, end up all buy small put long term??? haha .

Posted by citadel888 > 2022-07-12 16:24 | Report Abuse

consolidation coming, Ur 0.025 become 0.25 then drop to 0.1 again

Posted by The_JQuestion > 2022-07-12 22:06 | Report Abuse

WOW so scary lucky i nvr touch burn til ashes

Posted by JunHoHoHoHo > 2022-07-13 14:24 | Report Abuse

no worries, GE will change the wind

Posted by JunHoHoHoHo > 2022-07-13 14:31 | Report Abuse

never touch then nonid to talk here actually, touch already then only talk :)

this act could save your wallet <3

Posted by ElijahYH > 2022-07-14 14:27 | Report Abuse

dont buy too big or all in, least thing you shud feel is FOMO, everyday anytime will have opportunity

Posted by ElijahYH > 2022-07-14 14:27 | Report Abuse

be rational with your portfolio management, stay vigilant

Posted by vale0111 > 2022-07-15 14:07 | Report Abuse

oil bunkering, marine oil trading and renewable energy business has overtaken the mould cleaning rubber sheets segment as the main revenue contributor to the Group

Posted by vale0111 > 2022-07-15 14:07 | Report Abuse

flexibility in respect of financial allocations for the operational requirements of its oil bunkering, marine oil trading and renewable energy segment, which in turn may allow the Group to carry out operations in a more efficient manner.

Posted by Kok3Ken > 2022-07-15 14:10 | Report Abuse

need some patient for their change in business model to be on track and start seeing revenue

Posted by vale0111 > 2022-07-18 15:37 | Report Abuse

hmmm looking good today price up with volume

Posted by vale0111 > 2022-07-18 15:37 | Report Abuse

dont rush, one step at a time hahaha

Posted by Kok3Ken > 2022-07-19 15:54 | Report Abuse

volume ok ok only, havent start moving much yet

Posted by whistlebower99 > 2022-07-19 16:53 | Report Abuse

Wait for completion of shares consolidation exercise

Posted by JunHoHoHoHo > 2022-07-20 13:01 | Report Abuse

nothing to see today , can rest earlier today hehe

Posted by JunHoHoHoHo > 2022-07-20 13:02 | Report Abuse

anyone know how much % of their revenue contribute by their oil bunker business??

Posted by Patience99 > 2022-07-21 08:10 | Report Abuse

Whistlebower u mean nosh now 737 million only still got consolidation?

Posted by whistlebower99 > 2022-07-21 16:26 | Report Abuse

@ Patience99

FAST ENERGY HOLDINGS BERHAD (FORMERLY KNOWN AS TECHFAST HOLDINGS BERHAD) ("FAST ENERGY" OR THE "COMPANY")

I. PROPOSED SHARE CONSOLIDATION;

II. PROPOSED PRIVATE PLACEMENT; AND

III. PROPOSED ACQUISITION


i. proposed consolidation of every 6 existing ordinary shares in Fast Energy held by the shareholders of Fast Energy, on an entitlement date to be determined and announced later ("Entitlement Date"), into 1 ordinary share in Fast Energy ("Consolidated Share(s)");

ii. a private placement of up to 35% of the total number of issued shares of Fast Energy to third party investor(s) to be identified later ("Proposed Private Placement"). For avoidance of doubt, the Proposed Private Placement is not undertaken in accordance with a general mandate pursuant to Sections 75 and 76 of the Companies Act 2016 ("Act"). As such, the Proposed Private Placement is subject to specific shareholder approval pursuant to Rule 6.06 of the ACE Market Listing Requirements of Bursa Malaysia Securities Berhad ("Bursa Securities") ("Listing Requirements"); and

iii. acquisition of 175,000 ordinary shares in CCK Petroleum Sdn Bhd ("CCKSB") ("Sale
Share(s)" or "CCKSB Share(s)"), representing 35.0% equity interest in CCKSB from
Mohd Faizul bin Nasir ("Vendor") for a purchase consideration of RM28,000,000
("Purchase Consideration") to be satisfied via a combination of RM23,972,660 in
cash ("Cash Consideration") and RM4,027,340 via the issuance of 11,800,000 new
ordinary shares in Fast Energy ("Fast Energy Share(s)" or "Share(s)") after the
completion of the Proposed Share Consolidation at an issue price of RM0.3413 per
Fast Energy Share ("Consideration Share(s)") ("Proposed Acquisition").

This announcement is dated 18 May 2022.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3259819

Posted by Patience99 > 2022-07-21 17:26 | Report Abuse

Ikan bilis shareholding will be diluted again after private placement of 35 percent correct?

Posted by whistlebower99 > 2022-07-22 09:17 | Report Abuse

Wait for directors to complete the shares consolidation exercise

Posted by billionman > 2022-07-22 10:21 | Report Abuse

goner

Posted by TRexxx > 2022-07-22 13:35 | Report Abuse

Today Fast accepted selling more than past few week.....
Looks like consolidation exercise ending soon.

Posted by ElijahYH > 2022-07-22 17:47 | Report Abuse

Goreng soon !

Posted by ElijahYH > 2022-07-22 17:47 | Report Abuse

Big operator setting up their portf

Posted by taihai > 2022-07-25 16:16 | Report Abuse

p p n cons. bonus????

Posted by TRexxx > 2022-07-25 20:28 | Report Abuse

Conso announcement is out.
https://klse.i3investor.com/web/announcement/detail/1707322

Posted by vale0111 > 2022-07-25 20:30 | Report Abuse

all rally up at 0.03, train space is limited guys!

Posted by vale0111 > 2022-07-25 20:30 | Report Abuse

enter before you regret!

Posted by liftgkiks > 2022-07-26 18:55 | Report Abuse

More investors coming in <3

Posted by nasilemak5 > 2022-07-27 04:05 | Report Abuse

wait and see... Still confident with FAST....

Posted by nasilemak5 > 2022-07-27 04:06 | Report Abuse

Bad decision were make on previous but share price and improvement is making during all this time....

Posted by nasilemak5 > 2022-07-27 04:06 | Report Abuse

KIV

Posted by JunHoHoHoHo > 2022-07-27 14:15 | Report Abuse

volumized up movement, good sign good sign

Posted by JunHoHoHoHo > 2022-07-27 14:18 | Report Abuse

A new subsidiary, Fast Energy Sdn Bhd has been established to undertake the provision of bunkering services, vessel chartering and other related activities.

"As part of our strategic plans, we are bidding for contracts to boost our orderbook and exploring earnings-accretive opportunities via strategic partnerships or merger and acquisition," he said.

Currently, Techfast is in the midst of acquiring a 35 per cent stake in CCK Petroleum Sdn Bhd, a Malaysian-based fuel supplier, for RM26.25 million via a combination of cash and issuance of new shares.

CCK Petroleum is involved in the trading of bunker oil and provision of oil bunkering services, involving the trading of marine fuels to ships, as well as other ocean faring vessels.

Established in 2013, it has a wide clientele base in the maritime industry with oil bunkering activities focused at transiting major ports in Malaysia.

"This acquisition puts Techfast on a stronger footing to capture a bigger share of the local bunkering market and enhance our financial resilience.

"Moving forward, we intend to expand CCK Petroleum's current trading network to include international ports as well," he said.

He said Techfast is also engaging fleet operators as well as companies in the shipping, transportation and logistics industry to secure medium to long-term contracts to ensure a sustainable income.

"Currently, we are in discussions with a major Malaysian bunker supply company operating at Port Klang, which will further expand our portfolio.

"We view this as an opportune time to diversify into the oil bunkering business in line with the recovery in global trade activities and marine transportation.

"Currently, there is a supply squeeze due to new bunker tanker requirements, requiring bunker operators to invest in new vessels. As such, we are also considering investing in new bunker tankers to increase our competitive advantage," he added.

This new business diversification allows Techfast to ride on the evolving maritime transport industry.

There is now an energy shift in the industry from oil-based fuels to cleaner alternative energy sources due to the upcoming International Maritime Organisation (IMO) 2030/2050 regulation, which aims to reduce the shipping industry's emissions of greenhouse gases by at least 40 per cent by 2030 and 70 per cent by 2050.

Due to this, newbuilds are opting for dual-fueled engines that can be powered by liquefied natural gas (LNG).

This presents an opportunity for Techfast to venture into the LNG bunkering space after establishing a market for traditional oil-based fuels.

"At the same time, we also anticipate activities in the oil and gas (O&G) industry to pick up. As bunker services are a critical support function to the O&G industry, we can directly benefit from a rise in O&G activities in Malaysia.

"We are excited to embark on this new journey that will enable us to expand our revenue base and scope of services. With our strategic plans in place, we are confident that Techfast is well-positioned to yield stronger results and deliver sustainable long-term value to our shareholders."

Techfast will seek the approval from its shareholders for the acquisition and diversification at a forthcoming extraordinary general meeting to be convened on March 11, 2021.

Posted by vale0111 > 2022-07-27 16:02 | Report Abuse

after readin some report regarding FAST business model but i got confused, anyone has a easiier to read material bout their business model and revenue making ?

Posted by Hadi Azrul > 2022-07-28 12:43 | Report Abuse

0.035 - 0.040 ??

Posted by ElijahYH > 2022-07-28 13:12 | Report Abuse

between 0.03 - 0.04 is decent price to enter

Posted by ElijahYH > 2022-07-28 13:24 | Report Abuse

business still intact so all this technical stuff somwhat still applicable, if business jialat, technical or no technical oso GG one

Posted by JunHoHoHoHo > 2022-07-28 13:32 | Report Abuse

FED interest rate announcing later most likely will further impact the global market :")

Posted by nasilemak5 > 2022-07-28 17:17 | Report Abuse

If Fast manage to tahan for two more quarter, guess their share price is going to turn better and better.

Posted by JunHoHoHoHo > 2022-08-01 14:07 | Report Abuse

goreng sooon <3

Posted by vale0111 > 2022-08-01 15:13 | Report Abuse

another big volume day, operator is making multiple small moves

Posted by vale0111 > 2022-08-01 15:23 | Report Abuse

good entry point between 0.025 - 0.035

Posted by ElijahYH > 2022-08-02 13:49 | Report Abuse

queued some at 0.035

Posted by ElijahYH > 2022-08-02 13:56 | Report Abuse

anyone remember the LSSPV project ? 800m project

Posted by Kok3Ken > 2022-08-02 14:12 | Report Abuse

fast really need to go long term, short term holder not suitable. But oil bunkering 1 time flip over, more strong than enough

Posted by nasilemak5 > 2022-08-03 12:18 | Report Abuse

There are so many case study showing oil bunkering is most time not doing good, But once they come back, cover more than 5-10 year losses. Anyhow Fast is still doing good and making profit, is a ready staying good effort.