Posted by calvintaneng > 2019-03-11 19:46 | Report Abuse

Best News for VELESTO

Petronas Increase Oil Rigs from 15 to 25 & up to 29 Oil Rigs

Or up 40% to 93%

VELESTO IS A SPECIALIST IN OIL RIGS

See

https://www.thestartv.com/v/petronas-rigs-in-malaysian-waters-to-increase

Posted by calvintaneng > 2019-03-12 07:55 | Report Abuse

AND THESE ARE THE JOB AWARDS FOR VELESTO FROM 2018 TILL NOW

! CONTRACT EXTENSION FOR THE PROVISION OF JACK UP DRILLING RIG SERVICES FOR HESS EXPLORATION AND PRODUCTION MALAYSIA B.V.

USD38 MILLIONS or 38,000,000 x 4.09 = RM155.4 MILLIONS

http://www.bursamalaysia.com/market/listed-companies/company-announcements/6061861


2. AWARD OF CONTRACTS FOR THE PROVISION OF JACK-UP DRILLING RIGS (NAGA 3 AND NAGA 5) FOR PETRONAS CARIGALI SDN BHD

USD10.8 Millions or 10,800,000 x 4.09 = RM44.17 MILLIONS


3.CONTRACT FOR THE PROVISION OF JACK UP DRILLING RIG SERVICES FOR SARAWAK SHELL BERHAD / SABAH SHELL PETROLEUM COMPANY LIMITED

USD25 Millions or 25,000,000 x 4.09 = RM102.250 MILLIONS


4. CONTRACT FOR THE PROVISION OF ONE (1) JACK-UP DRILLING RIG AND ASSOCIATED SERVICES FOR D35, FOR ROC OIL (SARAWAK) SDN BHD

USD31.038 Millions or 31,038,000 x 4.09 = RM126.94 MILLIONS

NOW LET'S SUM UP 4 JOB AWARDS

155.4 Millions
44.17 Mil
102.250 Mil
126.94 Mil

RM428.76 MILLIONS

SO KNOWN FIGURES IS ALREADY MORE THAN FOUR HUNDRED AND TWENTY MILLION RINGGIT!


AND MORE AWARDS WITH NO FIGURE DISCLOSED


5. UMBRELLA CONTRACT FOR THE PROVISION OF 460K DRILLING HYDRAULIC WORKOVER UNIT (HWU) FOR PETRONAS CARIGALI SDN BHD ("CONTRACT") OR ("AWARD OF CONTRACT") (CONTRACT NO: CHO/2017/WELLS/1022 (B))

This is a 3 Year Contract (Sum not disclosed)


6. UMBRELLA CONTRACT FOR THE PROVISION OF 340K AND 460K HYDRAULIC WORKOVER UNIT FOR PETRONAS CARIGALI SDN BHD ("CONTRACT") OR ("AWARD OF CONTRACT")

This is also a 3 Year Contract

But read again the details

The Contract is for the provision of HWU to undertake workover services for PETRONAS Carigali under an umbrella contract. It calls for the use of all or any of UWO’s five (5) HWU, namely UMW Gait 1, UMW Gait 2, UMW Gait 3, UMW Gait 5 and UMW Gait 6 to undertake workover services, which are services rendered in performing maintenance and/or remedial treatments on an oil or gas well.

There are 5 Workover Jobs instead of usual one.
SO THIS IS QUITE A BIG JOB

If the First 4 Job Awards Garnered Rm428 Millions worth of Revenue or RM107 MILLIONS PER JOB AWARD AVERAGING -- WE CAN SAFELY DEDUCT THAT THE LAST 2 JOB AWARDS EASILY GARNER ANOTHER RM200 MILLIONS OR MORE

SO VELESTO ALREADY GOT 6 JOB AWARDS WITH OVER RM600 MILLIONS IN REVENUE IN THE BAG

AND GOING INTO YEAR 2019 WITH EVEN MUCH BRIGHTER PROSPECT DUE TO PETRONAS INCREASING OIL RIG COUNT BY 40% TO 93%

Posted by smalltimer > 2019-03-12 08:09 | Report Abuse

Last week u call for penergy

Posted by Bull > 2019-03-12 08:31 | Report Abuse

Penergy rise from 0.7 to 1.2 . Calvin is the best.

Posted by calvintaneng > 2019-03-12 08:36 | Report Abuse

Posted by smalltimer > Mar 12, 2019 08:10 AM | Report Abuse

Last week u call penergy now its finishef?


Whoa smalltimer from Pm Corp's time!!

Welcome!

Yes!

PENERGY the Pent Up Energy

I got 100,000 shares of Penergy bought at around 70 sen

So because I SEE BETTER PROSPECTS IN VELESTO I sold half of PENERGY around Rm1.17 & Bought into VELESTO!!!

Calvin is still keeping 50,000 Penergy shares for higher price.

Sifu John Neff taught me to sell into strength & plough back capital into under value stock with potential

And I think VELESTO is my next CHUN CHUN ONE

hmmm

Let's look at the word, VELESTO, again

VE = VERY GOOD

LE = LET

S = US

TO = TOGETHER

SO VELESTO MEANS "VERY GOOD LET US TOGETHER GO HANTAM VELESTO KAW KAW!!

Posted by Bull > 2019-03-12 08:50 | Report Abuse

Thanks Calvin. Best in i3

Posted by calvintaneng > 2019-03-12 10:10 | Report Abuse

WITH OVER RM600 MILLIONS JOB AWARDS ALREADY IN THE BAG OF VELESTO

AND WITH BRIGHTEST PROSPECT EVER ENTERING INTO YEAR 2019 WHERE PETRONAS ALREADY STATED THE INCREASE OF OIL RIG FROM 15 TO 25 OR 29 (UP 40% TO 93%)

VELESTO IS AT THE VERY OUTBREAK OF VERY VERY POWERFUL EARNINGS GROWTH

Posted by calvintaneng > 2019-03-12 10:45 | Report Abuse

Today the last of those who got bonus umw og shares from UMW might be selling plus all stale holders

ONCE CLEARED VELESTO WILL CROSS 30 SEN AND NO LOOKING BACK FOR A VERY LONG TIME

WHAT YOU ALL SHOULD DO

1) BUY AS MUCH AS YOU CAN WHILE YOU CAN GET BELOW 30 SEN.

2) SELL OTHER OVERVALUED STOCKS LIKE DAYANG AND SWITCH TO VELESTO
SELL MFLOUR AND SELL IFCA ALSO. SELL ALL OTHERS WHICH YOU THINK CANNOT GIVE YOU 100% PROFIT AND BUY VELESTO

3) SELL & CLEAR DEAD STOCKS (CUTLOSS NOW) BUY AND MAKE BACK FROM VELESTO

REMEMBER:

ONE POSITIVE POWERFUL BULL OF BULLS STOCK LIKE VELESTO WILL MAKE UP FOR YOUR OTHER LOSSES IN BAD STOCK!!!

DO IT AND DO IT NOW!!

Posted by Bull > 2019-03-12 12:38 | Report Abuse

Bye..Bye..30 sen!! all naysayers /those trap at high/ bonus free umwog share already sold. Sky is the limit

Posted by Leoleo > 2019-03-12 15:43 | Report Abuse

valesto can ? debt level ok ga ? what is the debt gearing ? Calvin

Posted by calvintaneng > 2019-03-12 16:05 | Report Abuse

Gearing very ok only 0.3

VERY MUCH BETTER THAN SAPNRG OR ARMADA

Posted by calvintaneng > 2019-03-12 16:05 |

Post removed.Why?

Posted by Leoleo > 2019-03-12 16:29 | Report Abuse

ok onboard

Posted by Wee Shiong Cheong > 2019-03-12 18:21 | Report Abuse

3P analysis not agree

Posted by calvintaneng > 2019-03-12 19:11 | Report Abuse

3P analysis don't matters now

What matters most is this

Velesto going to be very very good this year

Must buy more while still so cheap

Posted by calvintaneng > 2019-03-12 21:17 |

Post removed.Why?

Posted by 3iii > 2019-03-13 08:13 | Report Abuse

Don't worry about missing the Next New Thing. Avoiding mistakes and danger zones is more important for long term investment performance.

Posted by Jonathan Keung > 2019-03-13 09:03 | Report Abuse

UMW O&G hammer down from 47 to a low 17 before rebounding to current 28/30 level. still below last year pricing

Posted by calvintaneng > 2019-03-13 09:29 | Report Abuse

There is no other oil and gas stock so safe like Velesto right now

Velesto has

1. Superior Assets
Most oil rigs and HWUs are only 4 to 5 years old
And they are chun chun at the right time in the right place... Just when Petronas is recommissioning moth-balled oil rigs and clod up oil wells

2. Superior Paymasters
Jobs contracted from Petronas and Shell ensure prompt payments

3. Superior Balance sheet
Of the 3 heavyweights Velesto gearing only 0.3 to 0.4. All backed by valuable real assets in oil rigs and HWUs

4. Superior Price

Velesto was once over rm4. 50
Now only 30.5 sen
The opportunity for upside is immense while losses almost negligible

This is it

Go for Velesto today!!!

Posted by calvintaneng > 2019-03-13 09:49 | Report Abuse

OIL & GAS BULL RUN NEWS: Sabah poised to be on world map with RM13 bil petrochemical plant, Calvin Tan comments

https://www.freemalaysiatoday.com/category/nation/2019/03/06/sabah-poi...

Posted by calvintaneng > 2019-03-13 09:51 |

Post removed.Why?