Are velesto next aax?

This is very scary to read man. Think what will if this fella prediction become reality...oil price crash to 35usd. Dream Armada for TP rm1.00 not going happen then. Any comment?
Free to share please.....

https://oilprice.com/Energy/Oil-Prices/Clean-Energy-Investor-OPEC-Breakup-Could-Send-Oil-Down-To-35.html

Oil markets will face serious problems as demand from India and China ramps up....report from IEF

“So, for the second half of this year, we’re going to have serious problems with supply keeping up, and as a result, you’re going to see prices respond to that,” McMonigle told CNBC on the sidelines of a meeting of energy ministers from the group of the 20 leading industrial economies (G20) in Goa, India, on Saturday.

McMonigle attributes the push in oil prices to increasing demand from China — the world’s largest importer of crude oil — and India.

“India and China combined will make up 2 million barrels a day of demand pick-up in the second half of this year,” the Secretary General said.

Ya kah. So simple like that meh to analyst just see one fundamental then can make decision. Lol.

Wrong. They making profit now. 2nd qtr onward.

Price steady. Waiting for 0.20c and below to collect more but operator don't want us to collect cheap tickets. Good very good...

😃😀😀

RM 8 in year 2040... by that time fossil fuels is one of the history subject in school.

HLB and Kenanga knew it very well..

The recently announced is short term contract, 2 well drilling about 100days only but the contract valued RM 61mil. It's good profitable contract...just do simple calculation (61mil / 100) = RM 610,000/day. Let say minus all the operating cost RM400,000 / day...sap sap sui velesto earned net profit of 21 mil and this will Budgeted in up coming qtr (since the contract already started in Feb 2023). Just my 2c correct me if I'm wrong.

Ya agreed with Eric Lim...

This is long waiting contract that I was expected...finally pop up. Bankers from sell now give hold. Next they will say strong buy call...guys this is lifetime opportunity don't miss it 😎

😀

No captain Jack sparrow navigate the ship..worried will go down all the way to 0.44c..kikiki

Which renewal energy counter that you talking about?

Must ask captain jack sparrow to navigate our kraken battleship...🤣

Russia voluntary cut production 500,000 barrels per day to support stabilize the oil price.

Velesto still damn cheap now..

Malaysia joined force with opec now.
The other three countries that also agreed to join the group are Azerbaijan, Brunei and Mexico. This will strengthen the crude oil price further...very good.

Ya already climb up one step...soon engine start.

Not necessary end of the year

Saudi Arabia extended 1 mil barrels output cut per day up to August. Russia and Algeria also join the party, agreed to curb supplies. Very good for DCR...

Thanks Felix888 for sharing the good news.

Target TP 0.35c. Hold tight only the fittest will survive.

TP 0.35

*Quietly

If look at trend on today trading, price supposed to dip down bcoz mostly selling but dispite going down price going up. PNB/ Amanah slightly beli ke..

😴😎

Yeah! Captain Jack sparrow sdh mari...yes!
Armada terbang ke bulan hari ini

Captain Armada tarak bagus. Must call captain Jack sparrow.

Why angry..you get stuck ha in high price..I been here messaging since 2019, where are you then...LOL this is funny.



luckyfrankie

Many funny ppl here as if they are the fortune teller, tonite rain or not he also dont know, now can tell you he can ensure drop below 40C, i refer this to Macgyver11, if tommorrow turn the other way, then he will go missing for next few trading day

I can ensure you all the price will drop below 0.40c haha!... Management incentives plan kikik!
Buy later when down.

Why you all study transformer chronology. Adoi!!. Biar betui you org ni...any benefit on that, things already happened you can't reverse back the clock. Look at what our next investment strategy.

Who ever hold below 0.30c and still dreaming for TP above 0.80c...just watch out. Now Armada is like "telur di hujung tanduk". Hahaha!

Expected price to down lower further. 2nd qtr most probably Armada can escape from low earning but believed 3rd qtr onward budgeted in the kraken shutdown. Hopefully won't go back to where it start earlier (below 0.30c). Just 2c.

There's no easy money or free lunch in this world. Who ever bold enough and able to hold for longer will reap the benefit. Contra RIP.

Don't keep your 191% too long, stock market unpredictable anything can happen in upcoming months...example Bumi Armada. Just my 2c.

Report said it took 6 months to repair the malfunction transformer....true or false?

Any expert here?

Fpso Kraken shut down due to malfunction transformer. Takes at lease 1 to 2 month to get it run back. Luckily I already disposed few month back at 0.68c. Now all in Velesto.

Look at bumi Armada today's performance...sky diving man. 0.64c to 48.5c. Adoi!

Sabar sabar. Slow but steady.

https://www.wsj.com/video/watch-saudi-arabia-cuts-oil-output-following-opec-meeting/8F6E12C6-3851-4781-B985-D65BC7B27F80.html

Saudi voluntary cut output despite other opec+ countries stick with previous plan. Saudi want to maintain crude oil price above usa 80/ barrel....very good sign for DCR.

As I said 0.40 is not a dream reality..

End of oct most probably touch 0.40c..not dream reality

Those who dream for 10c ticket must be disappointed now..🤣

😀

Past 2 years they're laterally out of free cash flow. This year mtd, just 3months alone they already generate free cash flow. Cash is king. Long term borrowing from 1bil to < 300mil (around 288mil). Velesto management keen to settle long term debt ( I dont why but there must be some reason). Receivable and inventory - customer still own them around 700mil. I believed the free cash flow will increase double after 2nd qtr onward. My 2c (Just do rough calculation)

Are you new in stock market friend. Why listening to others. Do your own research bro. Stock sure got sell & buy

Tarak turun lah 0.10c apalah lu org mangkuk ayun betui. Ckp berapa kali tak erti bahasa. Give me one reason why should go down to 0.10c despite qtr earning. Bursa will issue UMA enquiry already. This is not covid pandemic time lah. Mid to long term holder no issue intra trader kena kaw kaw lah tu pasai meroyan. Yang complaint bnyk2 ni mungkin kais pagi mkn pagi kot. Lol

7113 - Must wait for another pandemic..😀