To buy when others are despondently selling and to sell when others are avidly buying

Wow! Oil super uptrend.

Just be patience..after the 3rd qtr no 15cent anymore.

Just accumulate brent trading above usd70 very good sign already. Another strong qtr coming soon + new contracts.

Throw out weak holders

With all rigs deploy in full swing...I think possibility is there and bright...plus crude at comfortable zone.

Knm shoot up already...Velesto should follow.

Read carefully. This is published in edge market after 2nd qtr released recently on 25 Aug....

"On outlook, Velesto said upstream activities are continuing globally with contracts continuously being awarded, despite the unabating Covid-19 pandemic.

“In Malaysia, a number of new contracts have been awarded and the group managed to secure some of these contracts. The group is also actively bidding for new tenders for contracts scheduled to commence this year and next year," Velesto said, adding that three of the group’s six available jack-up drilling rigs are working, while two are scheduled to commence mobilisation in September.

It also updated that survey works for the submerged Naga 7 is in progress and salvage operations plan will be finalised on completion of that report. However, the rig has been declared as a total loss, hence compensation from the insurers had been agreed upon, it said."

Note: Read the 2nd paragraph..out of six rigs, 3 rigs are already in working and 2 more to commence in September. Think carefully, Velesto has 5 rigs only at the moment...out of five rigs three already mobilized for Shell Malaysia and Petronas, left two more to be deploy in this month (the contract for two more even announce yet). Please check the previous contract announcement. Possibility there's announcement soon.

Yes, most probably contract announcement around this month. 3 rigs already start operation and 2 two more rigs going to deploy this month as press released by Velesto BOD recently...

Hold be confident...September new contract announcement.

Toward 50...go go bumi ku Armada

Brent super hot now...O&G theme coming soon. Apa lagi sapu ler..

Going to hit 0.16 soon

Next going to hit 48 soon

New faces appear in this forum now. Where is previous SD supporters....tell lying and all disappeared. Haha!

Going to Hit 0.46

Watch out for sudden surge...anytime soon.

23/06/2021 5:55 PM
X
Macgyver11 And naga 2 and naga 5 already hired by Petronas Malaysia combined contract value of usd 20.76mil.

Naga 2 will commence its rig operation in between 15 May to 15 Jun 2021 (today is 23 of june by right the project already execute by now)
Naga 5 will commence its rig operation in between 1st Apr to 14 Apr 2021 ( project already kick off )

If everything goes on smooth then this revenue will reflect in 2nd/3rd qtr..

Meanwhile...

Naga 4 was hired by Shell Malaysia with contract value of usd 17.68mil and the project will commencing on 15 Aug to 15 Oct 2021.

And

Balance 2 more rigs pending for contract announcement soon.

Naga 4 rig start operation already for shell..

No LU lah I think...Amanah still power over the price. Surely will move up but slow and steady....my guess.

Waiting for another contract announcement for two more rigs soon. After the announcement the game will more fun...

Qtr late..

Brent hit above 70 once more...wow!

Wow brent break 70 again...

Canteeeek!!

Potential go for 0.30 klu ni mcm..

Velesto announced excellent qtr...

.what about Armada?

Waiting.....

Superb QTR + extraordinary BOD....

All the BOD well experienced...good sign

Datuk Tong poh keaw

She was formerly the General Manager, Accounting and Financial Reporting, Group General Manager, Finance (Group Accounting and Financial Reporting) and Chief Finance Officer of Kumpulan Guthrie Berhad (KGB). She joined the KGB Group in 1983 as an Accountant-cum-Assistant Company Secretary for Highlands & Lowlands Berhad. Datuk Tong is a member of the Malaysian Institute of Accountants, a member of the Institute of Chartered Secretaries and Administrators, United Kingdom and a Fellow of the Association of Chartered Certified Accountants, United Kingdom. She was appointed a member of the Malaysian Accounting Standards Board (MASB) on 1 October 2013.

Fasten your seatbelt....Limit up coming.

Guys,
Tomorrow sure limit up...qtr gained 16,267mil. Superb!!!

Encik Irwan is currently the Group Head, Private Markets of Permodalan Nasional Berhad (PNB) overseeing Private Equity asset class. Prior to joining PNB, he was with Ekuiti Nasional Berhad as a Director Investment from December 2011 to July 2017. He also had served as Vice President, Business Development at Integrax Berhad, Halim Rasip Holdings Sdn. Bhd. from December 2009 to November 2011. He started his career in March 2004 with PricewaterhouseCoopers Kuala Lumpur in Assurance Services and later moved to Advisory Services specialising in Mergers & Acquisitions, Corporate Finance and Project Financing.

Newly appointed BOD

Dr. Mohd Shahreen Zainooreen Madros (Ir. Dr. Shahreen) has over 30 years of working experience in various capacities. His work experience includes as a lecturer in Engineering Faculty in Universiti Kebangsaan Malaysia, over 20 years in the oil and gas industry, and almost 10 years in the government agencies. Ir. Dr Shahreen was appointed as the CEO of MATRADE in early 2017 and served until Feb 2019. He has worked with many industries beyond oil and gas and formulating strategic directions in growing and promoting trade. He has represented Malaysia in many international trade missions and involved in various industry dialogue working with the Ministry of International Trade and Industry. He aims to forge strategic partnerships with all relevant stakeholders in both private and public sectors at various levels within ministries, agencies, trade associations, chambers of commerce and business councils, to ensure Malaysia remains competitive globally. Ir. Dr Shahreen is now an independent advisor to many industries. He is also a certified coach with Malaysian Institute of Management (MIM), a pro-temp committee for IAC Malaysia, and is an Adjunct Professor with a local university.

Winter is coming...vrooooom!

Qtr out either today or 2morrow. Fasten your seatbelt. Vroooom!

Ya volume not there...

Wah! Amanah acquired 6,397,568..hope epf join the boat also.

koyokui Buy velesto ismail sabri counter
18/08/2021 10:53 AM

Blh limit up ke ?

All eagerly waiting...

Qtr???

Nescafe brewing...

Haida Shenny has more than 18 years experience in the oil and gas industry. Haida commenced her career with PETRONAS and she undertook legal and commercial roles in PETRONAS E&P, LNG and Technology Businesses. Her last post in PETRONAS was Chief Executive Oficer, PETRONAS Technology Ventures Sdn. Bhd. She also served on various Boards of PETRONAS companies such as PETRONAS Technical Solutions Sdn. Bhd., PETROSAINS Sdn. Bhd., Lanzatech NZ Ltd. And Lanzatech USA Ltd. Whilst in PETRONAS, she was part of various corporate strategic studies and was part of the PETRONAS team that was involved in the Malaysian government Economic Transformation Plan (ETP) initiative. In Sapura Energy (previously known as SapuraKencana), she held the position of Vice President of Strategy and New Ventures (E&P) and was involved in the building up of the E&P business for Sapura. Haida also held the position of Chief Executive Oficer, Matrix Reservoir Sdn. Bhd., owner and operator of Tok Bali Supply Base, that built and operationalised the third supply base in Malaysia. She is currently the Chief Executive Oficer of Bintulu Supply Base Sdn. Bhd and holds a directorship in Velesto Energy Berhad (formerly known as UMW Oil & Gas Corporation Berhad) since June 2017 as a Non-Independent Non-Executive Director.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3183457

0.35c

@Fc78020...now you why I show hindustan movie....later Russia Japanese Thailand will follow if Chinese keep on posting in their own language...please respect other followers. Thank you

Pang 66 wrote in Chinese long list...no one dare to ask. This blog is not solely for Chinese. Please stop post is other languages other then Malay & Eng

LossAversion Sudah Dapat free education dari primary and secondary school. Masih tak boleh tulis dalam bhs Ingeeris atau/dan BM ke?
15/08/2021 10:23 AM

Yes..that exactly what I mean, that's why I wrote in tamil to give awareness to those write Chinese. Write something that everybody can read. Chinese attitude always like that they want their own community rich...

Ini multi racial blog...tulis le semua blh Faham...mangkuk

pang666 还有 如果 w.t 你因为这些话不开心。。
我也向你说声抱歉。
有空多分享你真正的实力，我们大家一起乐投资吧
15/08/2021 12:36 AM

Ini Chinese movie kah...

Serba fly kah..lol.