KLSE (MYR): STRAITS (0080)
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Last Price
0.14
Today's Change
+0.005 (3.70%)
Day's Change
0.135 - 0.14
Trading Volume
553,600
Market Cap
124 Million
NOSH
882 Million
Avg Volume (4 weeks)
636,418
4 Weeks Range
0.13 - 0.14
4 Weeks Price Volatility (%)
52 Weeks Range
0.13 - 0.25
52 Weeks Price Volatility (%)
Previous Close
0.14
Open
0.135
Bid
0.135 x 155,100
Ask
0.14 x 1,738,300
Day's Range
0.135 - 0.14
Trading Volume
553,600
Latest Quarter | Ann. Date
31-Dec-2021 [#4] | 28-Feb-2022
Next QR | Est. Ann. Date
31-Mar-2022 | 31-May-2022
T4Q P/E | EY
28.05 | 3.56%
T4Q DY | Payout %
0.00% | 0.00%
T4Q NAPS | P/NAPS
0.15 | 0.94
T4Q NP Margin | ROE
0.34% | 3.35%
2022-05-24
2022-05-24
2022-05-24
2022-05-24
2022-05-23
2022-05-20
Sector: TRANSPORTATION & LOGISTICS
Sector: TRANSPORTATION & LOGISTICS
Subsector: TRANSPORTATION & LOGISTICS SERVICES
Subsector: TRANSPORTATION & LOGISTICS SERVICES
Description:
Straits Energy Resources Berhad,
formerly Straits Inter Logistics Bhd, is a Malaysia-based investment holding
company. The Group, comprising the Company and its subsidiaries, is principally
engaged in the trading of oil and the provision of bunkering services for
marine fuel and petroleum-based products in Malaysia. Other business activities
of the Group include air filtration system, water filter and related equipment
manufacture, distribution and installation; beauty and healthcare product
trading; ancillary support and consultancy service provision, and investment
holding. The Company's subsidiaries include Envair Energy Sdn Bhd, Quest
Equipment & Services Sdn Bhd, Quest Technology Sdn Bhd, Selatan Bunker (M)
Sdn Bhd and Pan Logistics Ltd.
0080 STRAITS STRAITS ENERGY RESOURCES BERHAD
SUBDIVISION / CONSOLIDATION OF SHARES (CHAPTER 13 OF LISTING REQUIREMENTS)
SUBDIVISION / CONSOLIDATION OF SHARES (CHAPTER 13 OF LISTING REQUIREMENTS)STRAITS ENERGY RESOURCES BERHAD (FORMERLY KNOWN AS STRAITS INTER LOGISTICSBERHAD) ("STRAITS" OR THE "COMPANY")PROPOSED CONSOLIDATION OF EVERY 2 EXISTINGORDINARY SHARES IN STRAITS ("STRAITS SHARE(S)" OR "SHARE(S)") INTO 1 STRAITSSHARE ("CONSOLIDATED SHARE(S)") ("PROPOSED SHARE CONSOLIDATION")You are advised to read the entire contents of the announcement or attachment.To read the entire contents of the announcement or attachment, please accessthe Bursa website at http://www.bursamalaysia.com
1 month ago
Are you sure is good strategy?
Please don't miss leading people lah, share consolidation normally is negative impact for the share.
Please refer VC, Icon, kanger, mtouche.. all are going to hell!!
1 month ago
Those you mentioned above who got into negative impact of of NOSH of Billions and like 10 to 1 and so... and many of them are lost making company and don't even know what they really want to do. MOUs after MOUs. Straits less than 1 million and only 2 to 1 , and a profit making company. Hard to compare. Nobody know the what the result and the actions of those large holders.
1 month ago
May be they need to make the stock price stay above certain level for some reason like above 0.50 ..
1 month ago
Few top holders held over 40% of the stocks or more. Only ikan bilis swimming aimless ly left and right following the current. It only take one big wave to send all helter skelter
1 month ago
BUY AND KEEP. SHARE CONSOLIDATE 2 TO 1 IS because the share spread is wide. This consolidation is not those penny stock kind of consolidation.
1 month ago
PP first tranche already completed.
https://www.bursamalaysia.com/market_information/announcements/company...
1 month ago
PP up to 20% daripada jumlah saham terbitan Straits (tidak termasuk saham perbendaharaan) kepada pelabur pihak ketiga- Tranche Pertama- 91,340,000 Saham Straits baharu yang diterbitkan tranche pertama Cadangan Penempatan Persendirian telah disenaraikan. berkuat kuasa dari 9.00 pagi pada 18 Februari 2022 @ Lembaga Pengarah pada 7 Februari 2022 telah memutuskan untuk menetapkan harga terbitan bagi tranche pertama PP pada RM0.151 setiap Saham . Harga terbitan RM0.151 setiap Saham Placement mewakili diskaun kira-kira 9.53% kepada VWAP 5 hari sehingga 4 Februari 2022, iaitu hari terakhir dagangan sebaik sebelum tarikh penetapan harga, sebanyak RM0.1669 setiap Saham.
PP pun belum selesai, sudah diumumkan share consolidation? Apa jadi dengan pengumuman PP sebelum2 ini untuk dapatkan PP 20% dari saham Straits sedia ada atau 182juta unit saham? Apakah akan ada price fixing sebelum consolidate atau selepas consolidate?
Seperti yang dilaporkan sebelum ini bahawa urus niaga dijangka selesai pada suku pertama 2022. Selesai atau tidak? Bagaimana pula dengan PP? Sekarang Tranche Pertama dah selesai, Tranche Kedua bila ke macamana? ??.
atau Tranche ke 2 tunggu untuk bayar waran sekiranya ada pemegang warran menukar kepada mothershare?
1 month ago
On 15 December 2021, an announcement made that Bursa had approved shares lisiting up to 186,811,479 for Straits (when it says "up to" its not necessarily have to be that amount..its maximum scenario)
They did first tranche PP for 91,340,000 shares and now they going for share consolidation.
If they really wanna go for total 20% PP (186,81,479 new shares) as proposed earlier..they would consider that in their share cosolidation announcement under maximum scenario (total shares + all warrants converted)..however they only stated existing Straits shares only -882mil (after PP first trance completed)+ all warrants converted for the maximum scenario..
If they do PP after share consolidation..the amount of new shares will be different that announced earlier as the total shares have been reduced..so that wont make any sense..
My opinion is that they prefer the remaining fund raising via warrant conversion.
I believe big announcement coming soon as they seem confident that share price will fly after consolidation..maybe acquired big contract? or STS completed? or GEM listing approved? who knows..my 2 cents
1 month ago
2 to 1 Conso easier for massive pump ahead as PP has been overdilluted...wait for the big wave before conso...i believe any moment next week starting 11-15 apr!!!... i go massive last friday with nearly 1mil units, TP is 0.170 - 0.185
1 month ago
with 882,188,895 shares outstanding and 143,208,500 warrants in circulation as of the 25th of last month. The company expects the consolidation of the stock to be completed in the third quarter of this year as reported by Nanyang Thu, Apr 07, 2022 07:26pm .So not in 2 months...it is logic bexause Warrant will expire in August 22...
1 month ago
It is logical if consolidation happens before warrant expire as they already consider the scenario in their full annoucement.
Anyhow, we shall see..
1 month ago
Well..the share consolidation proposal is subjected to shareholder's approval..which is likely to be tabled for voting in the upcoming AGM..so @mni75 is probably right (as reported by Nanyang)
1 month ago
https://www.freemalaysiatoday.com/category/highlight/2022/04/11/japan-...
Labuan's waters seems to be the most strategic locations to carry out the business..Straits may be one of the key players in this deal (as they are the port operator and doing STS activity within the area)
1 month ago
wah, straits give dividend. when was the last time they give dividend? haha
1 month ago
Judging by their ability to give dividend soon..im expecting for an improved earnings to be reported on upcoming QR
1 month ago
@The_JQuestion the share price is based on investor interest..the company doesnt have control of it..soon..when ppl realise how good this company is..that time too late to collect at cheap price..
4 weeks ago
https://www.theborneopost.com/2022/04/14/barter-trade-to-be-revived-in...
https://youtu.be/gwdMcQPfu6E
Another good prospects for Straits
4 weeks ago
Avarga sold 100% of their holdings within one year !!
https://www.nst.com.my/business/2021/03/670085/avarga-investment-buys-...
3 weeks ago
Gen2. Kalau saya tak salah. Avarga dapat at 0.17 and rata rata they jual at 0.20. 15% return in less than satu tahun. Whoa..........
3 weeks ago
https://www.theedgemarkets.com/article/insider-moves-berjaya-food-bhd-...
When they sold the rest 50% ?
2 weeks ago
Jayson4896 why keep commenting here if you are not interested with Straits?
another thing, don't compare this with your thoughts on VC, Icon, kanger, mtouche.
those related to Menara Lien Hoe gang
2 weeks ago
I think he is doing something... reverse psychology . To talk bad , will give good result.
2 weeks ago
Awesome20 This is a public platform, what's wrong with my comments?
I'm saying the truth is not allowed?
It's just allow a dream talk?
You are very funny!!
2 weeks ago
You may continue .No one stop you. There are positive and negative energy people . You reap what you sow
+++++
Jayson4896
Awesome20 This is a public platform, what's wrong with my comments?
I'm saying the truth is not allowed?
It's just allow a dream talk?
You are very funny!!
1 week ago
STS
Looks kinda impressive
But billings wise how much can Strait charge for one STS transfer like this one?
RM 2m 1m 500k 50k?
1 week ago
USD 185K or (RM500K) per STS, i hope its very lucrative in terms of profit margin
you can refer this article https://www.klsescreener.com/v2/news/view/868583
1 week ago
revenue from just merely 200 mil in 2018 to 1.3 billion last year (6x in just 4 years), and this year would touch 2 billion with additional Port Kelang business, Vietnam contract, STS Victoria and increase oil price.. and finally dividend will be paid this year.. Price should be at least 20 cents. .. but sentiment towards this counter..very very low. Safe for preserve cash at this situation.
1 week ago
Straits current liability 217.77mil, current asset 186.06mil
Current liability higher than current asset is normal or abnormal?
6 days ago
The_JQuestion
the downtrend for more than a year might as well go below 10 sens
1 month ago