I believed many interested in Velesto out there...Velesto not like Sapura, hutang keliling pinggang...

All depends on the buyer credibility...now,
the question is who is the buyer?
Hopefully velesto get strong established buyer...

Can anyone translate this...please

https://www.klsescreener.com/v2/news/view/1228259/%E4%BC%A0%E5%9B%BD%E6%8A%95%E6%B4%BD%E5%94%AEvelesto%E8%83%BD%E6%BA%9054-%E8%82%A1%E6%9D%83

My personal opinion, forecast for next coming months biased to upside trend rather than downside....unless oil price crash below usd50/barrels and that's not going to happen likely since the war in between Israel/Palestin and middle-east alliance getting more progressive. Just my 2c

Up coming qtr result will validate the RHB research....upside or downside.

Around corner...sabar

https://oilprice.com/Latest-Energy-News/World-News/Honda-GM-Ditch-5B-Plan-To-Jointly-Develop-Affordable-EVs.html

Even world number one car maker Honda ditching out plan to make affordable EV cars...fossil fuel gaining popularity again, yet i hope world keep on build more Carbon capture facilities to accommodate the climate changes

Macgyver11

https://fortune.com/2023/10/25/toyota-chairman-akio-toyoda-electric-vehicles-ev-ford-gm-tesla-earnings-elon-musk/


Tesla EV cars popularity going down, profit depleting...consumers returning back to combustion engine (fossil fuel).

Maybe but oil price getting weaker..war in between Ukraine/Russia calm down as Putin collapse due to cardiac and Israeli war against Gaza easing...Saudi is the saviour now.

Today based on 8 analysts recommendation,
Strong buy - 3
Hold - 4
Sell - 1
Recommendation from hold turn to buy. Very good indication indeed. Later strong buy.

https://youtu.be/eZPlMyKhXTs?feature=shared

Occidental ceo talk about future of fossil fuel and carbon capture. Nice to listen...

https://youtu.be/eZPlMyKhXTs?feature=shared
Occidental CEO talk about oil price, the important of carbon capture and future of fossil fuel. Carbon capture really work and very Nation should hv at lease 2 carbon capture plant to regulate co2 in air. If this really happens then fossil will remain more longer and EV not going to survive longer.

As for now I think energy stock is preferable as crude oil might elevated higher due geopolitical factor.

https://oilprice.com/Latest-Energy-News/World-News/Allianz-Trade-Says-Oil-Could-Hit-140.html

https://oilprice.com/Latest-Energy-News/World-News/Allianz-Trade-Says-Oil-Could-Hit-140.html

Brent hit usd90. Seems usd100 is possible. Currently velesto received usd 90k for DCR (according to 2nd qtr report). With high crude oil price, I strongly believed they can get usd95k to 105k for rigs service...chances is very high. DCR high = profit high.

Velesto 25c
Perdana 25c
Draw
Armada - drop
Uems - devastation (kena trap kaw2)

Velesto still ok..slow but steady.

Another frustration velesto going to give..get ready...😂

Biasalah duit bnyk bini muda pun bnyk...mana ckp makan. Pergi oversea bknnya duduk hotel shoplot.. hotel 10star tu 🤣

Datuk jual mahu pergi Holiday kah...tteeuuu!

Good video to watch about DAC...

https://youtu.be/Rf7pTfCxNW4?feature=shared

Newly appointed both director from PNB...good beginning. PNB appointed their own staff that means velesto in right track.

From strong sell now TA said Hold. Next after the 3Q23, they might say strong buy...by that time big2 guys already sapu the stock cheap2.

Drilling project for Petronas start third qtr onward. Naga 3,4 and 6 assigned for this drilling project. The combined value of this contract worth usd128mil. Third qtr very busy time for vele.

End of third qtr, velesto FCF can exceed 200mil..my guess. Cash is king

Almost up 470%.
Very surprising that those bankers that give negative perspective couldn't see this.

If you guys analyst the financial report, you'll will amazed. 1Q23 FCF around 23mil. 2Q23 how much do you all think?
Just guess?

royalinvestor

This is what we call strong tacktical rebounding techinique !!
" Flush and Hit later "
JUst wait patient ... 😊

I agreed with this. This is how they flush out the weak holders. Who is the weak holders...you org tgk sendiri lah. Beli skt bising bnyk. Ada pepatah melayu kata " telur sebiji riuh sekampung"..hahaha

Young padawan always like this.

Ya kah..Kenanga, Ta and cimb shout to sell...why? bcoz they never hold any vele shares, while HLI stake up its shares position. Hong leong value fund held 4.83% (under mutual fund) and Hong Leong asset management held 7.79% (under institutional) of velesto shares respectively beside PNB is the owner. Latest news is Tokio marine life insurance bought another 148,872,000mil recently. Tokio marine held 1.81% of vele shares now (second in the row). I never see this kind of amount hold by HLI in any other counters in bursa. Now...who is the smart IB...
Are you telling HLI is dumb?...hahaha LOL. I hope lewis Lee not one of them (the three stup...d bankers)

Red only what is the big deal. Brent in good position, uptrend now.

faizalanuar

can start relocate some to capitaA instead😅

Better be careful lor. Immediately profit 1bil..where does it come from. Tickets sold but no collection 😂. I mean good and bad lah, if you're lucky. Don't forget all time famous counter serba.

Actually they can show higher profit if they want. Seems Vele management keen to pay debt first rather than showing profit. In another words, good also bcoz interest payment for debt alone cost them lot. I think if they really want to show profit they can easily contra in debt, 20 to 30mil profit sup sup.

Revenue high compared with profit. I think they even receive good value price for the DC rate (usd100k above).

17,404mil actually. Ok lah tu.

faizalanuar

macgyver..hati banyak panas oooo..1 tahun tunggu...2 kali qr kena main..ni kali kalau kena lg..tk tau macam mana ckp

Relax bro. Stock market never react to our sentiment. Whatever the result is kena terima tu bullet jugak.

I see big guys never throw only small sindiket selling. Probably those who bought yesterday betting on qtr. Seems sindiket disappointed on late qtr announcement.

Merdeka bonus is coming. Jgn marah jgn merajuk. Stay cool whatever the result is.

This time goreng after the good qtr 😂release. Haha! Lai lai lai.

Offer offer last bite tak mahu belikan. Discounted offer you know later when qtr release velesto limit up tau..hahaha!

Yup if touch 0.30 we celebrate together..MERDEKA!

If qtr not release today then tomorrow got another show. If qtr release on wed then looking at the volume trend possibility touch 0.30 is there.

Tak naik pun komplain naik pun komplain qtr profit pun komplain tak profit pun komplain...adoi! Pening! 🙇

Very busy time for velesto as Q3 this year they hv to deploy their rigs for another Petronas contract (worth usd128mil)...regret Naga 7 no more available 😀. Drill baby drill

Possibility is there for Vele to earn net profit above 20mil. If 30mil + consider very good. I strongly believed contract from Hess carigali will give positive earning. The contract from Hess worth 630mil ( usd 135mil) and already commenced on Q4 2022 last year. And, with support of this two short terms contract which commence 1Q 2023 from ROC sarawak and PTTEP worth another RM125mil...yeah possibility is there. Hope earning from above contract visible in upcoming qtr (I didn't include in the GAIT contract). Monday everything will come to clear picture..

Sabar2 qtr report on Monday maybe, I'm sure going to be excellent qtr. Think good say good everything will be good.

Velesto IN..hahaha

As long slow and steady but secured is better than "lingkup". Look at this counter fast rising but fast "lingkup"
also - Awantec and many more

Dealing with this counter you need lot of patience otherwise finish..😎

Look alike upcoming qtr earning going to decrease compared with previous. Heavy selling.

Seems this guy (HLI) just wake up from coma. Now start giving slightly good feedback but you know what, HLI already collected cheap ticket kaw-kaw...jerung no satu.

https://www.klsescreener.com/v2/news/view/1191197/uptrend-in-charter-rates-to-benefit-velesto