| Latest Forum Topics / Eneco Energy Last:0.009 -- |
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Rumbling Ramba
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papayaface
Supreme |
01-Sep-2025 10:31
Yells: "This is the best time to enter....when everythings uncertain" |
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Look at it another way, 11 keep getting cleared ...haha be patience..
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newbie1118
Master |
01-Sep-2025 10:12
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11 sell queue keep topping up.  | ||||
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newbie1118
Master |
29-Aug-2025 17:15
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Almost 8k lot done at 11. Looks promising. I change my buying queue from 9 to 10 now. I only have 2k lots.  | ||||
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superstartup
Supreme |
29-Aug-2025 16:13
Yells: "Enjoy doing Fundamental Research" |
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Got my last 1m, just before warrants expiration today. Yeah ! (not posting anymore until there are new corporate developments, price / volume actions.) 
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superstartup
Supreme |
29-Aug-2025 09:18
Yells: "Enjoy doing Fundamental Research" |
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x 0 Alert Admin |
Yesterday bought 1m more. Hopefully my last 1m on Q can get by today. |
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superstartup
Supreme |
28-Aug-2025 16:33
Yells: "Enjoy doing Fundamental Research" |
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I hope the remaining 674m warrants not held by Union lapsed. EXPIRY OF WARRANTS ON 29 AUGUST 2025 AT 5.00 P.M | ||||
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superstartup
Supreme |
28-Aug-2025 12:17
Yells: "Enjoy doing Fundamental Research" |
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In short, on a Net Basis: Union held a total of 951m shares (28.85%) as at 25 Aug 2025. And the Net Cost per share to Union is $0.01293 per share (calculations based on all the transactions in Eneco shares, warrants, exercise of warrants by Union) |
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superstartup
Supreme |
28-Aug-2025 12:05
Yells: "Enjoy doing Fundamental Research" |
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Yes. Additional Info : Do also note that Union bought 680m Eneco shares then  : The board of directors (the &ldquo Board&rdquo or the &ldquo Directors&rdquo ) of Union Steel Holdings Limited (the &ldquo Company&rdquo , and together with its subsidiaries, the &ldquo Group&rdquo ) wishes to announce that the Company has, on 22 November 2024 acquired 680,000,000 shares (the &ldquo Sale Shares&rdquo ), representing approximately 29.40 per cent. of the total ordinary share capital of Eneco Energy Limited (&ldquo Eneco Energy&rdquo ) for an aggregate purchase consideration of up to S$7,480,000 (equivalent to S$0.0110 for each Sale Share) (the &ldquo Acquisition&rdquo ).  680m warrants  : In relation to the above, the Board wishes to announce that, on 23 December 2024, the Company has acquired 680,000,000 Warrants in Eneco Energy (the &ldquo Sale Warrants&rdquo ) for an aggregate purchase consideration of S$3,400,000 (equivalent to S$0.005 for each Sale Warrant) (the &ldquo Warrants Acquisition&rdquo ). Each Sale Warrant carries the right to subscribe for one (1) new ordinary share in Eneco Energy (each, a &ldquo Warrant Share&rdquo ) at an exercise price of S$0.009 per Warrant Share and the Warrants have an expiry date of 31 August 2025.  Sale of 409m Eneco shares to few 3rd parties via married deals  : Union sold 409m Eneco shares at $0.0115 per share. Few married deals to different parties. (I believe these married deals were carried out to avoid hitting the regulatory 30% threshold shareholdings limit which trigger take over. The sales were carried out in batches with warrants also been exercised in batches) Current Shareholdings held by Union 25 Aug 2025  : As at the date of this announcement, the Company holds in aggregate 751,000,000 ordinary shares in Eneco Energy representing approximately 24.25% of the total issued and paid-up share capital of Eneco Energy. Pursuant to the Current Exercise of Warrants, the Company has subscribed for 200,000,000 ordinary shares in Eneco Energy. Following the allotment and issue of these shares, the Company will hold an aggregate of 951,000,000 ordinary shares in Eneco Energy representing approximately 28.85%1 of the total enlarged issued and paid-up share capital of Eneco Energy. 
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newbie1118
Master |
28-Aug-2025 10:57
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So their total cost is 0.005 + 0.009 = 0.014 ?
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superstartup
Supreme |
27-Aug-2025 17:25
Yells: "Enjoy doing Fundamental Research" |
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Sold all Pac Rad and further position over here. Another Low Base profitable counter. Hopefully come Sep, there will be some huge corporate developments. |
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superstartup
Supreme |
27-Aug-2025 15:53
Yells: "Enjoy doing Fundamental Research" |
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x 0 Alert Admin |
No more 10 liao.   |
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superstartup
Supreme |
27-Aug-2025 14:30
Yells: "Enjoy doing Fundamental Research" |
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Announcement by Union on 25 Aug 2025. Union had completely exercised all the 680m warrants bought at $0.005 (cost) for each warrant. Union exercised these warrants at Exercise Price $0.009 per warrant. - - - - -   The board of directors (&ldquo Board&rdquo or &ldquo Directors&rdquo ) of Union Steel Holdings Limited (&ldquo Company&rdquo , and together with its subsidiaries, the &ldquo Group&rdquo ) refers to the announcement dated 23 December 2024 (&ldquo Warrants Acquisition Announcement&rdquo ) in relation to the acquisition of 680,000,000 warrants in Eneco Energy Limited (&ldquo Eneco Energy&rdquo ) for an aggregate purchase consideration of S$3,400,000 (equivalent to S$0.005 for each warrant), and the announcements dated 27 June 2025 and 14 July 2025 (&ldquo First & Second Exercise of Warrants Announcements&rdquo ) in relation to the exercise of an aggregate of 480,000,000 warrants in Eneco Energy on 23 June 2025 (&ldquo First Exercise of Warrants&rdquo ) and 14 July 2025 (&ldquo Second Exercise of Warrants&rdquo , and together with the First Exercise of Warrants, the &ldquo First & Second Exercise of Warrants&rdquo )), pursuant to which Eneco Energy allotted and issued an aggregate of 480,000,000 ordinary shares to the Company at an aggregate exercise price of S$4,320,000 (equivalent to S$0.009 per warrant). The Board wishes to announce that on 25 August 2025 the Company exercised 200,000,000 warrants in Eneco Energy (&ldquo Current Exercise of Warrants&rdquo ) for the allotment and issuance of 200,000,000 shares in Eneco Energy to the Company at an aggregate exercise price of S$1,800,000 (equivalent to S$0.009 for each warrant). Each warrant in Eneco Energy held by the Company carries the right to subscribe for one (1) new ordinary share in Eneco Energy at an exercise price of S$0.009 per warrant and the warrants have an expiry date of 31 August 2025. |
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superstartup
Supreme |
27-Aug-2025 13:23
Yells: "Enjoy doing Fundamental Research" |
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Usually the Ask only one level got volume other levels tiny volume. Now the Asks at various level starting to come out with volume lined up. ( as always, please perform your own DD ) |
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superstartup
Supreme |
27-Aug-2025 13:12
Yells: "Enjoy doing Fundamental Research" |
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x 0 Alert Admin |
Now just focus here for Sep play after taking all profits from the marine counter | ||||
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For_The_Next_Leg
Master |
25-Aug-2025 11:11
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I believe tariffs have significantly boosted the company' s business, enabling a successful turnaround. The balance sheet is now more robust, with the focus shifting to maintaining consistency.
 
https://links.sgx.com/1.0.0/corporate-announcements/YXEV502NOGU9J8BM/4c327e75c9a9e94004f76d1376f9b3e8f6c770c09252a463f7b60035ea488e29
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superstartup
Supreme |
22-Aug-2025 12:04
Yells: "Enjoy doing Fundamental Research" |
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This month profit already worth 3m Eneco shares. Coincidentally, same amount as my holdings. Next week last trading week for the month (and then company warrants expire). Shall use some of the profit to slowly buy additional 2m more shares by end of next week, if still can' t get at 9. |
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superstartup
Supreme |
21-Aug-2025 14:30
Yells: "Enjoy doing Fundamental Research" |
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x 0 Alert Admin |
This logistics and new venture - oil & gas production transportation. Lotsa cash on hand liao. A PR with huge impact news in September would be great (after warrants expiry in end Aug).  
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Taylor
Elite |
21-Aug-2025 14:04
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Big single boss keep unloaded Ah Moh hse happy collection Next big big hug counter UBS Morgan and Citi darlin | ||||
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superstartup
Supreme |
21-Aug-2025 10:02
Yells: "Enjoy doing Fundamental Research" |
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x 0 Alert Admin |
Finally end August coming. This counter should be September play liao. |
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Joelton
Supreme |
21-Aug-2025 07:15
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Eneco&rsquo s Turnaround Gains Momentum Delivers Profitability for the Period under Review
 
* The Group&rsquo s logistic division, operating under Richland Logistics Services, continued to be the main revenue contributor with improved revenue growth and resilient underlying business performance during the period under review
 
* Generated net cash of S$5.69 million from operating activities during the 6 months ended 30 June 2025 with cash and cash balances of S$16.55 million as at 30 June 2025
 
* Total equity increased to S$21.84 million with net asset per share of 0.88 Singapore cents as at 30 June 2025
 
* Driving organic growth in the logistics division by enhancing operational efficiency and expansion of value propositions
 
* Pursuing inorganic growth via M& A opportunities to create a diversified portfolio of profitable, cashflow-generative businesses
 
Commenting on the Group&rsquo s latest results and outlook, Mr Ang Jun Long, Executive Director of Eneco, said: &ldquo Within a short period of time, we are pleased to achieve a meaningful turnaround in our performance, underscoring the effectiveness of our strategic initiatives, the resilience of our underlying logistic business and the unwavering commitment of our operations team at Richland Logistics. 
 
This turnaround not only reflects improved financial results but also reinforces our confidence in sustaining growth momentum, strengthening stakeholder value, and positioning the Group to capture new opportunities across existing markets and new growth segments, while continuing to build a stronger and more resilient business ecosystem for the future.&rdquo  
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