FAST ENERGY HOLDINGS BERHAD

KLSE (MYR): FAST (0084)

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Last Price

0.065

Today's Change

-0.005 (7.14%)

Day's Change

0.065 - 0.07

Trading Volume

168,300


13 people like this.

6,128 comment(s). Last comment by nasilemak5 18 hours ago

Posted by whistlebower99 > 2022-10-28 16:58 | Report Abuse

weekly chart is not nice since shares consolidation
need more time for price to stabilise

Posted by whistlebower99 > 2022-10-28 17:40 | Report Abuse

FOR NEWBIES

On behalf of the Board, UOBKH wishes to announce that the Board had on 28 October 2022 resolved to fix the issue price of the Private Placement at RM0.1019 per Placement Share.

The issue price of RM0.1019 per Placement Share represents a discount of 19.95% to the 5-day VWAP of Fast Energy Shares up to and including 27 October 2022, being the last traded day of Fast Energy Shares immediately preceding the price-fixing date, of RM0.1273 per Fast Energy Share.

This announcement is dated 28 October 2022.

=========
Operator, market maker pressed down price, helping directors fix an attractive issue price for selected lucky PP investors.

==========
Selected PP investors will make good profit first. Long term retail investors who subscribed to rights issue can wait longer to minimize losses or breakeven.

nasilemak5

254 posts

Posted by nasilemak5 > 2022-10-31 13:10 | Report Abuse

Another pp underway, time to observe another round

nasilemak5

254 posts

Posted by nasilemak5 > 2022-10-31 13:10 | Report Abuse

price might consolidate for another long period...

Posted by JunHoHoHoHo > 2022-10-31 16:11 | Report Abuse

many has enter the game today, good momentum

Posted by JunHoHoHoHo > 2022-10-31 16:17 | Report Abuse

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.

ElijahYH

225 posts

Posted by ElijahYH > 2022-10-31 16:18 | Report Abuse

Fast got USD 1.4 million in bank balance to hedge against the current weak economic situation anyway, so fret not

ElijahYH

225 posts

Posted by ElijahYH > 2022-10-31 16:18 | Report Abuse

good thing they start to venture into new business and dropping those that are not profitable, this action is wise for long term

BILLC

2,026 posts

Posted by BILLC > 2022-10-31 16:33 | Report Abuse

Be prepared next PP at 9 sen,,,,

Posted by whistlebower99 > 2022-11-01 09:45 | Report Abuse

FOR NEWBIES

Notice of Person Ceasing (Section 139 of CA 2016)
Name ENCIK MOHD FAIZUL BIN NASIR
Date of cessation 27 Oct 2022
No of securities disposed 4,750,000
Disposal of ordinary shares via open market
Date of notice 31 Oct 2022
Date notice received by Listed Issuer 31 Oct 2022

=================
Particulars of Substantial Securities Holder
Name ENCIK MOHD FAIZUL BIN NASIR
Date interest acquired 18 Oct 2022
No of securities 11,800,000
Pursuant to the Acquisition of 175,000 ordinary shares of CCK Petroleum Sdn Bhd by way of issuance of 11,800,000 new ordinary shares of Fast Energy Holdings Berhad at an issue price of RM0.3413 per new ordinary share
Direct (units) 11,800,000
Direct (%) 8.044
Date of notice 25 Oct 2022

================
18 Oct 2022 - FAST issued 11,800,000 shares @ 0.3413 to Mohd Faizul for his stake in CCK Petroleum Sdn Bhd
27 Oct 2022 - Mohd Faizul sold 4,750,000 @0.125 (daily average)

================
Why is he selling so FAST ?
At such low price compared to the issue price of 0.3413???

Similar case as Quah CC ???


davidts95

239 posts

Posted by davidts95 > 2022-11-01 11:19 | Report Abuse

maybe waiting price to push down after pp??

davidts95

239 posts

Posted by davidts95 > 2022-11-01 11:22 | Report Abuse

or sign of goreng after PP

cckenn88

120 posts

Posted by cckenn88 > 2022-11-01 11:38 | Report Abuse

Monitor first, so far net profit is slowly turning to black

vale0111

160 posts

Posted by vale0111 > 2022-11-01 18:42 | Report Abuse

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

vale0111

160 posts

Posted by vale0111 > 2022-11-01 18:44 | Report Abuse

be rational with your portfolio management, stay vigilant

ElijahYH

225 posts

Posted by ElijahYH > 2022-11-01 18:45 | Report Abuse

nothing to see today , can rest earlier today hehe

ElijahYH

225 posts

Posted by ElijahYH > 2022-11-01 18:45 | Report Abuse

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

nasilemak5

254 posts

Posted by nasilemak5 > 2022-11-02 11:39 | Report Abuse

everyone waiting at 10 sen, who dare to enter now?

nasilemak5

254 posts

Posted by nasilemak5 > 2022-11-02 12:10 | Report Abuse

ElijahYH, make up like 99% lol, did you even read the qr?

nasilemak5

254 posts

Posted by nasilemak5 > 2022-11-02 12:11 | Report Abuse

Now full bunkering, already disposed all old business

Posted by JunHoHoHoHo > 2022-11-02 15:08 | Report Abuse

Numerous case studies demonstrate that oil bunkering is frequently quite challenging, but that once it recovers, it can make up losses of up to five to ten years. However, Fast is still doing well and is profitable; this is a ready endeavour to continue doing well.

Posted by JunHoHoHoHo > 2022-11-02 15:08 | Report Abuse

when u see news ports are overcrowded with ships after the borders are opened, u know what to do :)

vale0111

160 posts

Posted by vale0111 > 2022-11-02 15:27 | Report Abuse

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

vale0111

160 posts

Posted by vale0111 > 2022-11-02 15:27 | Report Abuse

since the company still going on with their try and error,
janji ada buat kerja, they just need abit more patient

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

Michael Kwok is Nabi! Now is 10 cents.

davidts95

239 posts

Posted by davidts95 > 2022-11-03 13:27 | Report Abuse

FAST are just 1 year experience in oil-bunkering services, profit are slowing turning black

davidts95

239 posts

Posted by davidts95 > 2022-11-03 13:28 | Report Abuse

Patience is virtue, it will pay off soon....

Posted by JunHoHoHoHo > 2022-11-03 14:13 | Report Abuse

nice burst rocket preparing, imagine life changing profit :)

Posted by JunHoHoHoHo > 2022-11-03 14:18 | Report Abuse

arrange your risk management, and portfolio sizing, stay vigilant guys

ElijahYH

225 posts

Posted by ElijahYH > 2022-11-03 14:20 | Report Abuse

as long as company businesses and income are still intact, there's nothing much we investors can do but hope for a more healthy price movement

ElijahYH

225 posts

Posted by ElijahYH > 2022-11-03 14:21 | Report Abuse

risk to reward ratio is pretty good that's why i dare to put some in just need some patient for it to release it's potential

BILLC

2,026 posts

Posted by BILLC > 2022-11-03 14:34 | Report Abuse

Waiting for next pp at 8 sen,,,,

Shines

2,726 posts

Posted by Shines > 2022-11-03 16:32 | Report Abuse

Fast you are very slow playing with your little dic* of 100 shares

cckenn88

120 posts

Posted by cckenn88 > 2022-11-04 13:08 | Report Abuse

Take profit when u can....

cckenn88

120 posts

Posted by cckenn88 > 2022-11-04 13:08 | Report Abuse

Kutip at 10 sen first...

ElijahYH

225 posts

Posted by ElijahYH > 2022-11-04 14:09 | Report Abuse

need a balanced oil demand where it isn't high yet not low

ElijahYH

225 posts

Posted by ElijahYH > 2022-11-04 14:09 | Report Abuse

look at Straits Logistic's QR for reference as well. today volume not play play ohh

vale0111

160 posts

Posted by vale0111 > 2022-11-04 14:20 | Report Abuse

many getting at 0.11, strong support!

vale0111

160 posts

Posted by vale0111 > 2022-11-04 14:20 | Report Abuse

Collect some first and then see the price movement during this 2 months

fl888

7,505 posts

Posted by fl888 > 2022-11-07 08:24 | Report Abuse

Faster buy Fast……

ElijahYH

225 posts

Posted by ElijahYH > 2022-11-07 13:01 | Report Abuse

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

ElijahYH

225 posts

Posted by ElijahYH > 2022-11-07 13:02 | 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 kobaytanhl > 2022-11-07 13:03 | Report Abuse

belum reversal lagi lahh, probably just people thinking of scoping

Posted by kobaytanhl > 2022-11-07 13:04 | Report Abuse

gonna have bumpy road for awhile throughout 2022, but im very optimistic on year 2023

Posted by jonathansiew > 2022-11-07 13:33 | Report Abuse

Another PP, who is the big shark behind this?

davidts95

239 posts

Posted by davidts95 > 2022-11-07 14:22 | Report Abuse

Oil bunkering performance are booming, time to buy FAST

davidts95

239 posts

Posted by davidts95 > 2022-11-07 14:22 | Report Abuse

2022 will end in profit....

ElijahYH

225 posts

Posted by ElijahYH > 2022-11-08 12:48 | Report Abuse

In Malaysia, major ports such as Port Klang experienced bottlenecks earlier this year with high volume of vessels arriving at the ports, which bodes well for the group’s prospects

ElijahYH

225 posts

Posted by ElijahYH > 2022-11-08 12:48 | Report Abuse

Oil prices have also returned to pre-pandemic levels of US$60 (RM246.57) to US$70 per barrel range as activities in the oil and gas industry ramp up.

Posted by kobaytanhl > 2022-11-08 12:52 | Report Abuse

fast has successfully secured several contracts to deliver a range of marine fuel oils to prominent customers in various industries, and fast is aiming to fulfill the supply of 30,000 tonnes ahead of schedule.

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