What reason u think the BOD wanted to do conso? So the share price can go lower than RM0.005 of Cum share price? Try looking at Mtronic , Sanichi and Kanger...
@applepeppermint yes, don't think can go to .72, at least no soon. Was taking the price now as reference point, and if it turns out like Ageson then big untung! TAYLOR
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
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.
u wan instant profit the moment u invest? you can try aimflex , if u dont believe, then u may trust public mutual fund and give it a try, whichever suit u :)
Pending implementation :- a. listing and quotation of up to 52,556,921 Placement Shares to be issued pursuant to the Proposed Private Placement; and
b. listing and quotation of 11,800,000 Consideration Shares to be issued pursuant to the Proposed Acquisition.
========================= Upon completion, estimated NOSH = 187,254,630 Expect directors to do more shares issuance to PP, ESOS to raise more fund or for asset acquisition
entire market slow down abit since monday red sea, so in short period im not gonna add more money first, if market mood better then i might reconsider over Fast is worth to invest in still
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.
first quarter of 2022, made a net profit of MYR 241,000 from its bunkering, vessel chartering, and petroleum trading operations.
During the same period, revenue for the segment was MYR 50.5 million.
The speed with which FAST can increase its profitability in the oil bunkering area – which, as we previously stated, is projected to be quite excellent based on the current view – is one important point to look up for the company.
What's more significant to investors like us is that now is the perfect opportunity to buy shares since the price has been impeded by investors who totally don't comprehend what's going on.
According to Simply Wall Street, Firstberry Sdn Bhd only own a mere 0.3% (18 million units) in Kanger International Bhd, so it can't even be called a majority shareholder. However, it has 5.78% stakes (75.9 million units) in Fast Energy Holdings Bhd. The reason Firstberry became the substantial shareholder at first was because of Yap Yoon Sing, the resigned managing director traded his share for the share in Firstberry.
undervalued and have pretty good outlook especially in O&G. hope the coming quarter will be decent and they can fulfil the huge contracts they acquired recently
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
applepeppermint
56 posts
Posted by applepeppermint > 2022-09-24 12:51 | Report Abuse
ya, ocbc. This is a totally new management team, not the same old BODs .