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2021-05-18 21:58 | Report Abuse
Masih ada org beli ini counter kah...aiyooo!
..
2021-05-18 19:58 | Report Abuse
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.
2021-05-18 15:56 | Report Abuse
Brent us70+. Expected oil price shoot due to Israel war.
2021-05-18 14:32 | Report Abuse
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
2021-05-18 14:26 | Report Abuse
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.
2021-05-18 14:06 | Report Abuse
Ceo datuk Rozabil disposed 40mil. They are in desperate financial problem I guess. No contract from new govn.
2021-05-18 14:02 | Report Abuse
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.
2021-05-18 09:49 | Report Abuse
Why today velesto hot buying...
2021-05-17 22:31 | Report Abuse
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..
2021-05-17 18:21 | Report Abuse
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.
2021-05-17 12:49 | Report Abuse
I see every day also transaction like that maa...what so special.
2021-05-17 12:42 | Report Abuse
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
2021-05-16 21:22 | Report Abuse
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.
2021-05-16 21:21 | Report Abuse
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...
2021-05-16 21:16 | Report Abuse
Israel Palestine war heat up tremendously. Expected big sell off by foreign investors tomorrow. Just caution
2021-05-16 20:50 | Report Abuse
Dei tengga andavana enpakum daa....
2021-05-16 20:36 | Report Abuse
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.
2021-05-16 14:53 | Report Abuse
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.
2021-05-14 15:22 | Report Abuse
Mcm ini lagi 5 tahun pun tak naik...kikiki
2021-05-14 10:32 | Report Abuse
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...
2021-05-14 10:01 | Report Abuse
Down I collect if up!!! Waloa weiiih......
2021-05-14 09:59 | Report Abuse
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....
2021-05-13 15:57 | Report Abuse
AA = no flight no income..Their core business is aviation yg lain olok look sje.
2021-05-13 15:53 | Report Abuse
Haha you are super fast maxsuoer...I deleted bcoz don't want to disappointed those who put high hopes on AA.
2021-05-11 18:03 | Report Abuse
PNB masih sayang lagi velesto..kikiki
2021-05-11 13:27 | Report Abuse
Ada turun lagi tak...mahu collect
2021-05-10 19:15 | Report Abuse
Another bad year for Velesto...PNB mesti pening punya.
2021-05-10 19:14 | Report Abuse
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.
2021-05-10 19:04 | Report Abuse
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.
2021-05-09 10:19 | Report Abuse
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....
2021-05-08 23:05 | Report Abuse
TF JV buka business baru....grab beca. Adohai Mr TF.
2021-05-08 23:01 | Report Abuse
0.85, 0.80, 0.75........0.45c. Adohai!!
Stock: [ARMADA]: BUMI ARMADA BERHAD
2021-05-19 09:53 | Report Abuse
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