One day show

Masih ada org beli ini counter kah...aiyooo!
..

There's 3 things we need to focus here...

Number 1..if insurance compensation claims success then velesto faith will be totally change ( blessing in disguise or something good happens in bad)..read below

Velesto’s sunk Naga 7 rig prompts CGS-CIMB’s upgrade to ‘add’, higher target price
Lam Jian Wyn

theedgemarkets.com

May 05, 2021 11:53 am +08

Velesto’s sunk Naga 7 rig prompts CGS-CIMB’s upgrade to ‘add’, higher target price
-A+A
KUALA LUMPUR (May 5): The sinking of Velesto Energy Bhd’s Naga 7 rig offshore Sarawak yesterday has prompted CGS-CIMB to upgrade the company to "add" while raising its target price to 19.5 sen from 17 sen prior.

Calling it a possible “blessing in disguise”, analyst Raymond Yap said the valuation impact of the sunk rig may be positive as its insurance claims may exceed the written-off net book value (NBV) which is estimated at RM400 million.

“First, the Naga 7 is fully insured and the insurance value is pegged to the outstanding debt secured on the rig,” he said.

Number 2 ....if 1st qtr gain and two more new contracts announcement. ..velesto will be in good financial position in second half of the year. Read this paragraph by cimb also...

“Second, given Petronas’s desire to support local asset owners with drilling jobs, Velesto may potentially experience an increase in its overall utilisation rates after the removal of the Naga 7, with the work for Naga 7 reallocated to Velesto’s other rigs. Third, the write-off of the Naga 7 may reduce Velesto’s depreciation expense,” he observed.

Number 3...things that need to be cautioned is that if if velesto fail to recoup from insurance claim then velesto most probably hv to spend around 20 mil to salvage the sunken naga 7 rig...that really bad man...

Hope number 1 & 2 favourable for velesto and for all of us as investors. Hopefully with god blessed.

https://www.klsescreener.com/v2/news/view/829403/%E7%97%85%E6%AF%92%E5%A8%81%E8%83%81%E6%88%90%E9%9A%90%E5%BF%A7-%E6%B2%B9%E4%BB%B7%E5%A4%A7%E8%B5%B7-%E6%B2%B9%E6%B0%94%E8%82%A1%E5%8A%A8%E8%B5%B7%E6%9D%A5

Good luck bro..

Brent us70+. Expected oil price shoot due to Israel war.

Forget about the sunken naga 7 bcoz that one still under insurance negotiations but rest of the velesto naga still operating and earning profit. Oil price stabil at us68/69 and suppose qtr should gain...I guess

Qtr blm release lagi bro tapi ada significant sign that qtr coming going to be good (prediction lah kata org lah). By see the transaction buying volumes today some investors able determine the qtr result either good or bad. Sometime insider get the news first before us...dia pe beli banyak2.

Ceo datuk Rozabil disposed 40mil. They are in desperate financial problem I guess. No contract from new govn.

Habis lah ini counter boss pun sdh start jual dah...lari lari no hope already. Will go down further 0.16c. Expected qtr another huge loss.

Okay good luck

Why today velesto hot buying...

Brent strong

https://klse.i3investor.com/m/blog/StockAdvisor/2021-05-17-story-h1565092004-OVERSOLD_WITH_SHORT_TERM_STRONG_OPPORTUNITY.jsp

Normally when global technology stock rise eah will follow..just my thoughts let see..

Tak ape turun lagi kite beli...

Sure lah covid cases spike up selangor alone break 1000 cases as today. All the other nation cases go down but Malaysia spike up...tak tahu lerr apa nak kata. Investors pun sangat caution.

0.45c coming..

I see 0.025c very hard to break...

I see every day also transaction like that maa...what so special.

As at now...
Q buy @ 0.025c - 2.235mil
Q sell at 0.03c - 400,000+

Where did you get the info?

Today's transaction 23936 lot only. Among that Buy @ 0.03c is 653600 shares and...

Today's sell @ 0.025c is 1,740,000 shares

Biar betui..nak kantoi kita kerr

Ya kah

Old news lerr...

In other side, rumour say there's going to be total lockdown in Malaysia (from reliable sources). Covid19 cases in Malaysian going on crazy and uncontrollable...better be caution.

In other side, rumour say there's going to be total lockdown in Malaysia (from reliable sources). Covid19 cases in Malaysian going on crazy and uncontrollable...

Israel Palestine war heat up tremendously. Expected big sell off by foreign investors tomorrow. Just caution

Dei tengga andavana enpakum daa....

Israel and Palestine war getting heat up. There's something bad news that Israel govn mentioned in media that our Malaysia in that list but unfortunately I cannot share here bcoz it is sensitive issue for our govn. This sentiment can drag the market down. Invest wisely.

Malaysia been invaded by new mutant of covid19 strains (India/African strain). Shah Alam seksyen today getting worse. Worried Shah Alam seksyen might be close or quarantine temporary. According to the analysis, the new strains of covid19 even can penetrate through our eyes and go direct to blood stream....this is very very bad news. No matter how you wear you mask and practiced social distancing, seems this new covid19 viruses will finds a way to enter inside your body. Some of the covid19 host/patients even don't shows symptoms. Can't take easy...if can please stay at home. Brace your self for another devastating year. Guys, guys don't waste your time arguing each others, non value add benefits. If the stock market meant to go up...it will anyway and also it will go down eventually if the market sentiment and fundamentals is not in good shape. Who are we to determine the price. As I said earlier AA dont know who are you neither do Tony. Now, life is more important than stock market.

Ayoyoyo!!! Lot of scandal

Ini Gajah Dumbo..

Mcm ini lagi 5 tahun pun tak naik...kikiki

Banyak yg mimpi 4.50. Yes agreed some of the countries willing to open border with strict SOP bcoz they able to contain the covid virus effectively and well managed they countries, but do you think Malaysia well manage to control the pandemic....look at the recent cases spike up man!!. Other countries covid cases goes down except India meanwhile here in Malaysia goes up..what the hack is that!!!
Why ??
Everyone knows what our politicians thinking off...

Until the covid cases achieve the desire safe numbers required by Moh, don't even talk about reopening border...parliament pun tak boleh...

Down I collect if up!!! Waloa weiiih......

Brent Now dropped @ 66+. Expected today close lower. New mutation of African covid strength gives huge mess in india including now in Malaysia. Armada pretty much rely on India also in terms of crude oil export. Let see what Monday hold for us....

Akan naik...sabar.

AA = no flight no income..Their core business is aviation yg lain olok look sje.

Haha you are super fast maxsuoer...I deleted bcoz don't want to disappointed those who put high hopes on AA.

https://www.energyvoice.com/oilandgas/asia/322012/analyst-upgrades-velesto-after-rig-working-for-conocophillips-sinks-off-malaysia/

Ya kah...

PNB masih sayang lagi velesto..kikiki

0.38 boleh dapat ke besok..

Turun 0.38 boleh beli lagi..

Ada turun lagi tak...mahu collect

Another bad year for Velesto...PNB mesti pening punya.

Agreed with you all guys. Velesto need time to recover unless they get back the damage compensation from insurance company or they can up the sunken naga 7 immediately....and to bring up the naga 7 to surface that's impossible right now.

Be careful guys. Wed is the last day of bursa trading. Maybe they will close shop half day. It could be either two way operator generously give you raya ang pau or kill you by pressing the price down drastically...anyway good luck to all.

Bcoz they can't accept the reality...still believing there is a hope. You cannot wake up the person that's pretending sleeping. Time will heal everything, let see....

Ya kah....

TF JV buka business baru....grab beca. Adohai Mr TF.

0.85, 0.80, 0.75........0.45c. Adohai!!