VELESTO ENERGY BERHAD

KLSE (MYR): VELESTO (5243)

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Last Price

0.18

Today's Change

0.00 (0.00%)

Day's Change

0.175 - 0.185

Trading Volume

23,550,600


29 people like this.

24,304 comment(s). Last comment by Goodwill5 1 hour ago

offshore

327 posts

Posted by offshore > 2018-02-02 10:45 | Report Abuse

Not easy to penetrate a market so far away from Malaysia. No oil company will pay for the cost to mobilise the rig from Malaysia to Gulf of Mexico. I also doubt Umwog will "invest" in that mobilization cost.

8u29song

2,929 posts

Posted by 8u29song > 2018-02-02 11:22 | Report Abuse

sellllll if scared...dont torture yourself....

Posted by leslieroycarter > 2018-02-02 12:42 | Report Abuse

PN B n YPB are the major shareholders , they sold n bought along the way , usually selling into oversold n bought it back much cheaper by transferring losses to the bilis . If they have conscience , they can easily sell to the third party in volume without selling direct in open market . But they r doing this to cause more miseries to the ikan bilis.

papaya

3,086 posts

Posted by papaya > 2018-02-02 12:48 | Report Abuse

ikan bilis jadi sambal belacan.....kikikikih

Posted by stockistlearner > 2018-02-02 13:17 | Report Abuse

fund managers they dont slaughter retailers who else they can slaughther?

offshore

327 posts

Posted by offshore > 2018-02-02 13:35 | Report Abuse

Yeah, sometimes I wonder why PNB doesn't take this umwog private and relist it at a higher price since it is soooo undervalued now as pointed by someone. Why all the trouble having to ensure their shareholding doesn't exceed 65%? Why do a RI exercise to raise cash just to reduce the borrowing? Why not raise more cash and payoff all their borrowings? I am sure PNB can pay off their loan.

Posted by Jonathan Keung > 2018-02-02 14:00 | Report Abuse

PNB sold to YPB ( right hand into left hand ) at the end of the day still a PNB counter

Posted by Jonathan Keung > 2018-02-02 15:31 | Report Abuse

PNB ( YPB ) looking for opportunities. thier time frame (trading ctrs )can be as long 1-2 years. afterall is not their $$$

offshore

327 posts

Posted by offshore > 2018-02-03 00:03 | Report Abuse

Forecasted three rate hikes in 2018. Those with USD loans will be impacted.

deep

55 posts

Posted by deep > 2018-02-04 15:37 | Report Abuse

Once break out the top, it will never return to this low. Probably go until 0.60.
We are almost there.

moneypedia

5,987 posts

Posted by moneypedia > 2018-02-04 16:37 | Report Abuse

0.33 should the lower...its about time...maybe...

Posted by Mohd Fahmi Bin Jaes > 2018-02-04 16:53 | Report Abuse

0.290 more lower

IronShirt

3,178 posts

Posted by IronShirt > 2018-02-04 17:16 | Report Abuse

my remisier is promoting umwog. He said bankers are upgrading and buying. When they stop buying, public will receive ton of promotion. Observe daily volume__very high but price cannot
move___buying skill of Bankers

Posted by Mohd Fahmi Bin Jaes > 2018-02-04 17:30 | Report Abuse

Remiser want us to buy q sell

ivankvs

517 posts

Posted by ivankvs > 2018-02-04 20:12 | Report Abuse

Do u think possible that UMWOG announce better result this Feb 18?

If yes, why PNB keep sell down the shares?

Besides, their cost at 30 sen . Sell to realised the gain to pay handsome dividend.

Any input? TQ


.

offshore

327 posts

Posted by offshore > 2018-02-04 22:40 | Report Abuse

The reasons why PNB sell and convert the RPS were already discussed. Please refer past comments.

Q4 result "should" be better with interest savings. I m interested to know how much interest the RI can save. Please also remember that there is a one-time cost for that RI exercise and it's quite a lot.

Effendy Tay

1,125 posts

Posted by Effendy Tay > 2018-02-05 09:08 | Report Abuse

Dow Jones drop 666 points, temporary affected?

Hustle

3,615 posts

Posted by Hustle > 2018-02-05 09:10 | Report Abuse

Strong USD will press down commodities price, RM already head road block, sell sell sell...

rijack88

1,008 posts

Posted by rijack88 > 2018-02-05 09:27 | Report Abuse

with the interest rate hike. UMWOG debt getting higher.. Be careful lo eveyone

Hustle

3,615 posts

Posted by Hustle > 2018-02-05 10:06 | Report Abuse

2nd half will crash badly, foreigners profit taking

Posted by Shahnaz Riza Osman > 2018-02-05 12:56 | Report Abuse

Hahaha
Just keep and hold

Posted by stockswizard > 2018-02-05 13:05 | Report Abuse

Forget UMWOG. Game over now.

Follow this stock, it will fly by 50% this week while others collapse. Click link here:
https://klse.i3investor.com/blogs/$awc$/146430.jsp

ankahill

1,046 posts

Posted by ankahill > 2018-02-05 14:16 | Report Abuse

RUNNNNNNNNNNNNNN will dip another 50% this week!!!!!

Posted by Equityengineer > 2018-02-05 14:19 | Report Abuse

50% means , Rm 0.16 , talk sense la ...

Hustle

3,615 posts

Posted by Hustle > 2018-02-05 14:51 | Report Abuse

it is possible if opec stop using usd as trading currency

Hustle

3,615 posts

Posted by Hustle > 2018-02-05 15:07 | Report Abuse

Just depnds on usd as trading note will slow down the process of trading among asia unless your country only umport is from usa

Hustle

3,615 posts

Posted by Hustle > 2018-02-05 15:15 | Report Abuse

unless all asian country reduce the usd reserve, else usd will always manipulate the resources from asia country

Posted by princeofthi3ves > 2018-02-05 15:34 | Report Abuse

Increased my umwog to 600k from 400k. Now reaching 60 percent my max puchasing provision. Kita lihat siapa yang kena!!! Hehe.

deep

55 posts

Posted by deep > 2018-02-05 15:49 | Report Abuse

Is going to rise soon.. We really almost there.

deep

55 posts

Posted by deep > 2018-02-05 15:49 | Report Abuse

price, I wish I have that much of money to buy also. UMWOG is good stock to hold for long.

Posted by Jonathan Keung > 2018-02-05 15:52 | Report Abuse

bullets already used. cannot buy more to average. just sit tight. no point chasing

deep

55 posts

Posted by deep > 2018-02-05 15:59 | Report Abuse

Jonathan, lets wait together. at least 0.68.

Posted by Equityengineer > 2018-02-05 16:03 | Report Abuse

I won’t say it’s good stock , but worth to buy due to risk is low and reward is higher .. next qr just need a green qr , enough to bring the sentiment to push the price up ..

Hustle

3,615 posts

Posted by Hustle > 2018-02-05 16:33 | Report Abuse

How to estimate the risk is low?

Pyh96

604 posts

Posted by Pyh96 > 2018-02-05 16:43 | Report Abuse

yes tp 0.91

Posted by Equityengineer > 2018-02-05 17:16 | Report Abuse

Already drop so much , even the result is bad it’ will retrace maybe 20% , but If result is good, it will be turnover Corp ..

junetan20

525 posts

Posted by junetan20 > 2018-02-05 17:23 | Report Abuse

will drop further? or can queue for current price? 0.325?

moneypedia

5,987 posts

Posted by moneypedia > 2018-02-05 17:58 | Report Abuse

maybe around bottom now...

ankahill

1,046 posts

Posted by ankahill > 2018-02-05 22:23 | Report Abuse

RUUUUNNNNNNNN>>>>BOTTOMLESS!!!!!

nizam5634

108 posts

Posted by nizam5634 > 2018-02-05 22:35 | Report Abuse

abah ko runnn

Posted by Lim Beng Teik > 2018-02-06 05:21 | Report Abuse

25c coming soon, im waiting for u

Posted by Lim Beng Teik > 2018-02-06 05:22 | Report Abuse

Limit down soon

offshore

327 posts

Posted by offshore > 2018-02-06 08:33 | Report Abuse

Well, if you think this share can go up to 4.40 again, what is 30 sen risk to you. Go on, this is your chance to go in or buy more if you think you missed the boat previously.

lengjoe

301 posts

Posted by lengjoe > 2018-02-06 08:42 | Report Abuse

Ya waiting 0.25.......

ankahill

1,046 posts

Posted by ankahill > 2018-02-06 09:08 | Report Abuse

16 sen!!!!!

AlibabaInf

518 posts

Posted by AlibabaInf > 2018-02-06 09:24 | Report Abuse

1998 .2008.2018 share drop. No run?? Wait die

Hustle

3,615 posts

Posted by Hustle > 2018-02-06 09:24 | Report Abuse

USD will keep on booming to prevent inflation, commodities price will be keep on press down

Hustle

3,615 posts

Posted by Hustle > 2018-02-06 09:26 | Report Abuse

Better run for your life, don't think that asian country willing to let go usd reserve and trade with asian currency

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