https://mobile.offshoreenergytoday.com/shell-hires-naga-7-jack-up-for-malaysia-drilling/

Not sowing any positive sign, wonder if those intuitional trader already have a lead on Q3 performance?

Until when they are able to comeout with a clear plan how they going to mange their debt, it will not fly. Today announcement of no right issues don’t seems to motivate the market. They need to clarify how they going to monitise the assets to reduce the debt. This will help the price..... provided the monitised approach make strategic sense.

Sardin, sould like the ECRL deal with KNM. Do you know the cost of construction that Ah Tiong is forking out for the PeterB project for KNM.

Confident of the CEO to give such outlook statement! Let’s see come Nov on their Q3. Ive a good feel they would do better.

News on debt rationalization or strong top/bottom line will push the share price upper.

Pick up more as the upside potential looks very promising.

KLSE big drop today...... konon due to new tax plan?

Market purging! USA Trade war with China!

@bearbull, that if good qtr. if bad qtr then continue to drop price lor. But should be better then Q2

No news.

Shoot up by 33% today. About time! Shareholder already accepted the restructuring plan. Hence, the road to move out from PN17 looks very certain.

Velesto merge with SAP? What is the strategic objective? Velesto merge with HIB maybe.

Guys the debt still a big issue. As said earlier they need to address this before the share price start going up. Meanwhile the stock will continue to trade sideways.

Do expect some downside swing on this counter this week, in anticipation on rate HIKE annocument in USA.

Velesto participate in MOGES exhibition @KLCC. They are pretty upbeat with their outlook going into 2019.

Cuti cuti perisai today

Yes benefit, but not immediate. Oil price have to sustain high.

OPEC still holds output supply. Hence don’t expect Velesto to fly even with oil price touching $80/B.

Wait lah! Once oil price increase as reflect on their Q3 report, then it will fly.

Hope this time the oil price will sustain!

Kekeke. Time are bad!

Not been much activities on this share. As shared ealier, their green investment has not been gaining traction on the share price. Wonder how is the overall performance of the company going into H218? Anyone in the know to share.

This stock will continue to trade side ways. For them to move upwards they will need to reduce their debt or have a jolly good qtr profit. Pending other issues, this share have good upside potential

Time to collect more stock. They have done their debt restructuring plan. Pending other issues, This stock will fly if any positive news come along!

Mikekim, their gearing at 1.88 times need to be address before the share price move upwards.

It’s aboiut time for Velesto to fly high!

This is a counter where risk worth taking. Where got sure win one!

Time to load up more.

Sea of red this afternoon. Opp to buy more?

Done mine purchase at 0.565