Framework Journal · one stock, one dated entry

Recorded 2026-07-19 · Permanent

TMD Energy Ltd TMDE

Clears the common standard

An entry written while the outcome is still unknown. It will be scored by what the market does next, and it will never be edited to look cleverer than it was.

In plain words · TMD Energy Limited, an investment holding company, provides marine fuel bunkering services in Hong Kong, Malaysia, Indonesia, Singapore, and Vietnam.

The label
Markup

read at $0.86

TMD Energy Ltd holds its Markup at $0.86.

PHINPOOPSC
  • PHPhase · the trend structure carries the Markup label
  • INInsiders · no filings inside 60 days, left as found
  • POPositioning · no disclosures inside 60 days, left as found
  • OPOptions · no verdict drawn today, left as found
  • SCScreen · passes the values gate
  • edge confirmed
  • edge broken
  • edge forming

Each arm is one independent read. Conviction is not a single call, it is how many edges converge.

The investor read · the season, not the day

As held on the ledger · 2026-07-19
PhaseMarkup
Quantitative stateConsolidating, no directional conviction, held for 20 days
Price$0.86
Valuation10.77 trailing · N/A forward price to earnings
Values screenPASS · score 70.0
BetaN/A

The business, in plain words · what the numbers mean

The fundamentals · plain-English read
Trailing P/E10.8x
reasonably valued
Revenue growth-10.7%
revenue is shrinking
Profit margin0.3%
barely profitable
Return on equity9.9%
a modest return on shareholder capital
Debt to equity4.21
heavy leverage — higher risk if revenue softens
Current ratio0.86
below 1 — short-term bills exceed liquid assets
Market cap$20M
Employees66

The risks · The things to watch: it's a small-cap, so the share price can swing harder than the market; its business and earnings are exposed to Malaysia and to currency swings; it carries a real debt load, which raises the stakes if revenue slips.

Plain-English interpretation of our own screen data. Analysis, not advice.

Related securities · others in TMDE's space worth a look

Screened names in the same industry · explore each on its own page.

The trader read · the latest dated commentary

The framework reads markdown. Price is trending lower. Sellers are in control and the prior trend has reversed. Price has moved down 0.0% since our last review. Ethical screening: PASS with passing ethical screen. The risk-adjusted return profile shows good risk-adjusted returns. Our composite framework grades it C. Technically it is holding around 24% above its long-term trend line with momentum reading bearish. Over the past year the shares are up 26%. Our forward projection puts the odds of a 10% gain over the next month near 23%. Entered 2026-07-18 · Markdown

The dated journal · newest first, never edited

2026-07-18 Markdown $0.87 +0.0% Entry 3

The framework reads markdown. Price is trending lower. Sellers are in control and the prior trend has reversed. Price has moved down 0.0% since our last review. Ethical screening: PASS with passing ethical screen. The risk-adjusted return profile shows good risk-adjusted returns. Our composite framework grades it C. Technically it is holding around 24% above its long-term trend line with momentum reading bearish. Over the past year the shares are up 26%. Our forward projection puts the odds of a 10% gain over the next month near 23%.

2026-07-03 Markdown $0.87 +0.0% Entry 2

The framework reads markdown. Price is trending lower. Sellers are in control and the prior trend has reversed. Price has moved down 0.0% since our last review. Ethical screening: PASS with passing ethical screen (70). The risk-adjusted return profile shows good risk-adjusted returns.

2026-07-02 Markdown $0.87 Entry 1

The framework reads markdown. Price is trending lower. Sellers are in control and the prior trend has reversed. Ethical screening: PASS with passing ethical screen (70). The risk-adjusted return profile shows good risk-adjusted returns.

Each entry above was written on its date, before the outcome. A journal you can prune is not a journal.

What holding actually paid · price plus dividends

If $1,000 had been placed · historical, not a promise
PeriodPrice thenPrice returnDivs per share$1,000 becameTotal return
1 month $1.00 -9.0% · $910 -9.0%
2 months $1.30 -30.0% · $700 -30.0%
3 months $2.43 -62.6% · $374 -62.6%
6 months $0.71 +28.3% · $1,283 +28.3%
1 year $0.72 +26.4% · $1,264 +26.4%

Historical returns from market close data. Past performance does not guarantee future results.

This entry now belongs to the ledger. Whatever TMDE does next, these words stay.

TMD Energy Ltd · TMDE · Markup · $0.86
Recorded 2026-07-19 · before the outcome · scored mechanically

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