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UNDERVALUED OIL&GAS AIM 20CENTS TARGET 2018

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Newbie85
    19-Jun-2025 08:18  
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Mencast ceo bought in at 22. Expecting strong follow up today like the likes of Kim Heng and Rex etc
 
 
Volmax
    29-Oct-2024 13:01  
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Another Case Yesterday!

Oil spill during bunkering operations off Changi: MPA

An estimated 5 tonnes of oil was reported to have overflowed.

https://www.channelnewsasia.com/singapore/oil-spill-bunkering-operations-changi-bahamas-flagged-bulk-carrier-bunker-tanker-4708711
 
 
 
Taylor
    23-Oct-2024 16:59  
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Not moving
 

 
piscesmonkey
    23-Oct-2024 16:05  
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This one wait for mencast annoucement. If so it will up 50

Volmax      ( Date: 22-Oct-2024 10:08) Posted:

Singapore agencies working with Shell to clean up 30 to 40 metric tonnes of ' slop' that leaked into sea

 

SINGAPORE: Singapore agencies said on Monday (Oct 21) they are working closely with British petrochemical company Shell to  clean up a mixture of oil and water that leaked  into the sea between Bukom Island and Bukom Kecil.

Shell had said in a media statement on Monday evening that about 30 to 40 metric tonnes of &ldquo slop&rdquo was on Sunday  leaked from its land-based pipeline into the water.

The company said it is &ldquo actively working with all relevant authorities to manage the clean-up effort&rdquo .

&ldquo The leak has stopped since around 3pm  yesterday. We have deployed containment booms, anti-pollution crafts and spraying of dispersant to contain and break up the oil as part of ongoing clean-up effort,&rdquo Shell added.

&ldquo Our priority is to ensure the safety of people and to limit environmental impact as we work on resolving this as quickly as possible. We appreciate the support and cooperation from authorities and our communities as we work diligently to minimise the impact.&rdquo

In a joint media statement on Monday evening, the agencies said that as of 3pm, there were no other oil sightings besides the leaked oil in the channel between Pulau Bukom and Bukom Kecil.

The joint statement was issued by Maritime and Port Authority of Singapore (MPA), National Environment Agency (NEA), National Parks Board (NParks), PUB, Sentosa Development Corporation (SDC), Singapore Food Agency (SFA), Singapore Land Authority (SLA), JTC, and the Building and Construction Authority (BCA).

 

As a precautionary measure, a current buster system was deployed by the MPA off Changi at the entrance to the East Johor Strait to collect oil slick, if sighted, and prevent potential spread beyond Singapore&rsquo s port waters, according to the statement.

Another current buster system has also been deployed to the west of Singapore &ldquo as a precautionary measure&rdquo , it added.

While no oil has been observed at Sentosa, Sisters&rsquo Islands Marine Park, Labrador Nature Reserve, East Coast Park and West Coast Park so far, the agencies have pre-emptively deployed oil absorbent booms at these locations.

This includes the lagoons at Sisters&rsquo Islands Marine Park, Berlayer Creek and the Rocky Shore at Labrador Nature Reserve, as well as the mangroves and other key areas at the Marsh Garden at West Coast Park, as well as key areas at East Coast Park.

The lock gates of Sentosa Cove have been closed, with oil absorbent booms deployed.

 

&ldquo Additionally, deflective booms will be progressively deployed across the key areas of Sentosa, including the three beaches which currently remain open for land-based and waters activities.&rdquo

The agencies also said there has been no oil sightings at Kusu, Seringat, St John&rsquo s, Lazarus island, and Pulau Hantu.

&ldquo Singapore Land Authority will continue to assess if oil-absorbent booms will be required at the lagoons of these islands,&rdquo the statement read.

NEA on Monday has also advised members of the public against swimming and other primary contact water activities at the beaches of East Coast Park, Kusu, St John&rsquo s and Lazarus islands as a " precautionary measure" .

No oil has been detected near the Jurong Island Desalination Plant and Marina East Desalination Plant, which are located nearest to the oil leak location. National water agency PUB is closely monitoring the seawater intake at its desalination plants.

&ldquo Seawater quality readings remain normal, and the plants&rsquo operations are not affected. As a precautionary measure, PUB has also deployed oil containment booms across Marina Barrage,&rdquo the statement said.

JTC has advised companies on Jurong Island and waterfront-facing companies in the western region to be on alert and to take precautionary measures as necessary.

No fish farms have been affected by the oil spill thus far. SFA is in contact with farmers and has advised them to continue to be vigilant and to take precautionary measures as necessary.

&ldquo We have informed the Indonesian and Malaysian authorities of the incident and advised them to look out for any oil sightings along their respective coastlines,&rdquo the joint statement read.

&ldquo Investigations into the incident are currently ongoing.&rdquo

In a Facebook post on Monday evening,  Minister for Sustainability and the Environment Grace Fu said the ministry and its  statutory boards are working closely with relevant agencies to ensure public health and safety.

" We will continue to monitor the situation and share updates as needed," Ms Fu said.

MPA  said on Sunday it  was alerted to oil leakage from a Shell land-based pipeline between Bukom Island and Bukom Kecil at about 1pm.

The leak occurred at around 5.30am and " was reported to have stopped at source" , it added. 


 
 
Taylor
    23-Oct-2024 14:11  
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How about matex Mencast and mentex sleep so long
 
 
piscesmonkey
    23-Oct-2024 13:01  
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Hmm maybe new SSH?

Volmax      ( Date: 23-Oct-2024 12:50) Posted:

Let them finish selling than can cheong.

Buyer are confident to pick up 6000 lots, good sign!

yes

piscesmonkey      ( Date: 23-Oct-2024 12:41) Posted:

Hmm offload 6m shares at 28??? Again??


 

 
Volmax
    23-Oct-2024 12:50  
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Let them finish selling than can cheong.

Buyer are confident to pick up 6000 lots, good sign!

yes

piscesmonkey      ( Date: 23-Oct-2024 12:41) Posted:

Hmm offload 6m shares at 28??? Again???

Joelton      ( Date: 05-Oct-2024 14:48) Posted:

Mencast&rsquo s Gay family cease to be substantial shareholders after sale of 5.1 mil shares
 
Gay Chee Cheong, a substantial shareholder of Mencast Holdings 5NF , and his wife, Chua Siok Lan, have sold 5.12 million shares via the market for $150,178 or 2.93 cents apiece.
 
The sale took place via a series of different transactions over different trading days, according to an Oct 4 filing. &ldquo The number of shares held immediately before and after the transaction represent the shares held before and after a notifiable obligation was triggered.&rdquo
 
After the sale, Gay and Chua are no longer substantial shareholders of Mencast, with a remaining stake of 4.63% from 5.74% previously.
 
Gay is deemed interested in the shares held by Chua and vice versa.
 
On Sept 25, Gay and Chua sold 1.63 million shares to the market for $51,213 or 3.14 cents each. The stake reduced the couple&rsquo s stake to 5.74% from 6.09% then.
 
Mencast reported a loss of $416,000 in 1HFY2024 ended June 30, down from earnings of $2.08 million in the corresponding period the year before.


 
 
piscesmonkey
    23-Oct-2024 12:41  
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Hmm offload 6m shares at 28??? Again???

Joelton      ( Date: 05-Oct-2024 14:48) Posted:

Mencast&rsquo s Gay family cease to be substantial shareholders after sale of 5.1 mil shares
 
Gay Chee Cheong, a substantial shareholder of Mencast Holdings 5NF , and his wife, Chua Siok Lan, have sold 5.12 million shares via the market for $150,178 or 2.93 cents apiece.
 
The sale took place via a series of different transactions over different trading days, according to an Oct 4 filing. &ldquo The number of shares held immediately before and after the transaction represent the shares held before and after a notifiable obligation was triggered.&rdquo
 
After the sale, Gay and Chua are no longer substantial shareholders of Mencast, with a remaining stake of 4.63% from 5.74% previously.
 
Gay is deemed interested in the shares held by Chua and vice versa.
 
On Sept 25, Gay and Chua sold 1.63 million shares to the market for $51,213 or 3.14 cents each. The stake reduced the couple&rsquo s stake to 5.74% from 6.09% then.
 
Mencast reported a loss of $416,000 in 1HFY2024 ended June 30, down from earnings of $2.08 million in the corresponding period the year before.

 
 
Volmax
    23-Oct-2024 12:29  
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Ai Lai Ai Lai Liao!

6000 Lots Married Deal At 28!

smiley
 
 
Volmax
    22-Oct-2024 10:43  
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Corporate Video!

https://www.youtube.com/watch?v=b9m90s_8NYc

For Bro Who Are Interested In Mencast.
 

 
Volmax
    22-Oct-2024 10:25  
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https://www.mencast.com.sg/toxic-waste-management.html

Mencast Toxic Waste Management Likely To Benefit From The Collected Slop Oil.

smiley
 
 
 
Volmax
    22-Oct-2024 10:08  
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https://www.channelnewsasia.com/singapore/oil-leak-shell-pipeline-slop-bukom-island-beaches-4692206

Singapore agencies working with Shell to clean up 30 to 40 metric tonnes of ' slop' that leaked into sea

 

SINGAPORE: Singapore agencies said on Monday (Oct 21) they are working closely with British petrochemical company Shell to  clean up a mixture of oil and water that leaked  into the sea between Bukom Island and Bukom Kecil.

Shell had said in a media statement on Monday evening that about 30 to 40 metric tonnes of &ldquo slop&rdquo was on Sunday  leaked from its land-based pipeline into the water.

The company said it is &ldquo actively working with all relevant authorities to manage the clean-up effort&rdquo .

&ldquo The leak has stopped since around 3pm  yesterday. We have deployed containment booms, anti-pollution crafts and spraying of dispersant to contain and break up the oil as part of ongoing clean-up effort,&rdquo Shell added.

&ldquo Our priority is to ensure the safety of people and to limit environmental impact as we work on resolving this as quickly as possible. We appreciate the support and cooperation from authorities and our communities as we work diligently to minimise the impact.&rdquo

In a joint media statement on Monday evening, the agencies said that as of 3pm, there were no other oil sightings besides the leaked oil in the channel between Pulau Bukom and Bukom Kecil.

The joint statement was issued by Maritime and Port Authority of Singapore (MPA), National Environment Agency (NEA), National Parks Board (NParks), PUB, Sentosa Development Corporation (SDC), Singapore Food Agency (SFA), Singapore Land Authority (SLA), JTC, and the Building and Construction Authority (BCA).

 

As a precautionary measure, a current buster system was deployed by the MPA off Changi at the entrance to the East Johor Strait to collect oil slick, if sighted, and prevent potential spread beyond Singapore&rsquo s port waters, according to the statement.

Another current buster system has also been deployed to the west of Singapore &ldquo as a precautionary measure&rdquo , it added.

While no oil has been observed at Sentosa, Sisters&rsquo Islands Marine Park, Labrador Nature Reserve, East Coast Park and West Coast Park so far, the agencies have pre-emptively deployed oil absorbent booms at these locations.

This includes the lagoons at Sisters&rsquo Islands Marine Park, Berlayer Creek and the Rocky Shore at Labrador Nature Reserve, as well as the mangroves and other key areas at the Marsh Garden at West Coast Park, as well as key areas at East Coast Park.

The lock gates of Sentosa Cove have been closed, with oil absorbent booms deployed.

 

&ldquo Additionally, deflective booms will be progressively deployed across the key areas of Sentosa, including the three beaches which currently remain open for land-based and waters activities.&rdquo

The agencies also said there has been no oil sightings at Kusu, Seringat, St John&rsquo s, Lazarus island, and Pulau Hantu.

&ldquo Singapore Land Authority will continue to assess if oil-absorbent booms will be required at the lagoons of these islands,&rdquo the statement read.

NEA on Monday has also advised members of the public against swimming and other primary contact water activities at the beaches of East Coast Park, Kusu, St John&rsquo s and Lazarus islands as a " precautionary measure" .

No oil has been detected near the Jurong Island Desalination Plant and Marina East Desalination Plant, which are located nearest to the oil leak location. National water agency PUB is closely monitoring the seawater intake at its desalination plants.

&ldquo Seawater quality readings remain normal, and the plants&rsquo operations are not affected. As a precautionary measure, PUB has also deployed oil containment booms across Marina Barrage,&rdquo the statement said.

JTC has advised companies on Jurong Island and waterfront-facing companies in the western region to be on alert and to take precautionary measures as necessary.

No fish farms have been affected by the oil spill thus far. SFA is in contact with farmers and has advised them to continue to be vigilant and to take precautionary measures as necessary.

&ldquo We have informed the Indonesian and Malaysian authorities of the incident and advised them to look out for any oil sightings along their respective coastlines,&rdquo the joint statement read.

&ldquo Investigations into the incident are currently ongoing.&rdquo

In a Facebook post on Monday evening,  Minister for Sustainability and the Environment Grace Fu said the ministry and its  statutory boards are working closely with relevant agencies to ensure public health and safety.

" We will continue to monitor the situation and share updates as needed," Ms Fu said.

MPA  said on Sunday it  was alerted to oil leakage from a Shell land-based pipeline between Bukom Island and Bukom Kecil at about 1pm.

The leak occurred at around 5.30am and " was reported to have stopped at source" , it added. 

 
 
Volmax
    05-Oct-2024 17:20  
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Wait For Them To Pump Before They Throw The Remaining!

smiley
 
 
Joelton
    05-Oct-2024 14:48  
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Mencast&rsquo s Gay family cease to be substantial shareholders after sale of 5.1 mil shares
 
Gay Chee Cheong, a substantial shareholder of Mencast Holdings 5NF , and his wife, Chua Siok Lan, have sold 5.12 million shares via the market for $150,178 or 2.93 cents apiece.
 
The sale took place via a series of different transactions over different trading days, according to an Oct 4 filing. &ldquo The number of shares held immediately before and after the transaction represent the shares held before and after a notifiable obligation was triggered.&rdquo
 
After the sale, Gay and Chua are no longer substantial shareholders of Mencast, with a remaining stake of 4.63% from 5.74% previously.
 
Gay is deemed interested in the shares held by Chua and vice versa.
 
On Sept 25, Gay and Chua sold 1.63 million shares to the market for $51,213 or 3.14 cents each. The stake reduced the couple&rsquo s stake to 5.74% from 6.09% then.
 
Mencast reported a loss of $416,000 in 1HFY2024 ended June 30, down from earnings of $2.08 million in the corresponding period the year before.
 
 
Volmax
    04-Oct-2024 22:17  
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Any Bro Or Small BB Wanna Pump??

Btw, Monday Maybe Got Show, Judging From Today Closing Buy Up.

smiley
 

 
Trainner
    04-Oct-2024 19:33  
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The dollar value is actually not high......... if you add up all the sell volume times the prices, you just need ~$140K to clear all the sell queue...... 

Volmax      ( Date: 04-Oct-2024 16:42) Posted:

Tightly Cornered Counter, All Level Asking Queue Few Hundreds Lots Nia Nia....
 
3 712,000 0.030 0.031 894,600 4
6 1,355,000 0.029 0.032 448,200 4
10 1,115,900 0.028 0.033 400,000 3
5 740,000 0.027 0.034 168,000 2
2 278,000 0.026 0.035 500,000 2
1 50,000 0.025 0.036 384,500 5
1 100,000 0.020 0.038 44,700 1
1 1,000,000 0.002 0.039 300,400 2
1 3,000,000 0.001 0.040 1,096,200 4
- - - 0.041 50,000 1
- - - 0.042 150,000 3
- - - 0.045 52,300 2
- - - 0.054 60,000 1
- - - 0.058 30,000 1

 
 
Volmax
    04-Oct-2024 16:42  
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Tightly Cornered Counter, All Level Asking Queue Few Hundreds Lots Nia Nia....
 
3 712,000 0.030 0.031 894,600 4
6 1,355,000 0.029 0.032 448,200 4
10 1,115,900 0.028 0.033 400,000 3
5 740,000 0.027 0.034 168,000 2
2 278,000 0.026 0.035 500,000 2
1 50,000 0.025 0.036 384,500 5
1 100,000 0.020 0.038 44,700 1
1 1,000,000 0.002 0.039 300,400 2
1 3,000,000 0.001 0.040 1,096,200 4
- - - 0.041 50,000 1
- - - 0.042 150,000 3
- - - 0.045 52,300 2
- - - 0.054 60,000 1
- - - 0.058 30,000 1
 
 
Volmax
    04-Oct-2024 16:35  
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Ai Lai Ai Lai Liao, Next Week Cheong!

Watch It..........

smiley
 
 
Joelton
    26-Sep-2024 10:52  
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Mencast&rsquo s substantial shareholder sells 1.6 mil shares for $51,213 via the market
 
Chua Siok Lan, the wife of Gay Chee Cheong, a substantial shareholder of Mencast, has sold 1.63 million shares to the market for $51,213 or 3.14 cents apiece.
 
The transactions took place over different trading days, although the filing stated Sept 24 as the date that the disposal took place.
 
Following the disposal, the couple&rsquo s total stake in Mencast fell to 5.74% from 6.09% previously.
 
Mencast reported a loss of $416,000 in 1HFY2024 ended June 30, down from earnings of $2.08 million in the corresponding period the year before.
 
Even though revenue inched up by 7% to $25.5 million in 1HFY2024 with all segments seeing y-o-y increases, cost of sales increased by 20% y-o-y to $19.4 million at the same time. The higher cost of sales was partly attributed to the energy services segment, which included a $4.13 million revenue for a fast-track contract. The contract had a single-digit gross margin, which resulted in increased cost of sales and lower overall gross profit.
 
 
Volmax
    25-Sep-2024 12:51  
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God Should Give You A Tight Slap On Your F*cking Big Mouth!

Wait & See Lah, Kancheong Spider!

angry

Zeliazelia      ( Date: 25-Sep-2024 12:40) Posted:

Price dropped. Did God inform u in advance???

 
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