VELESTO ENERGY BERHAD

KLSE (MYR): VELESTO (5243)

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Last Price

0.16

Today's Change

-0.025 (13.51%)

Day's Change

0.145 - 0.19

Trading Volume

236,514,600


29 people like this.

24,375 comment(s). Last comment by Macgyver111 9 minutes ago

whitesheep

393 posts

Posted by whitesheep > 2019-02-18 12:23 | Report Abuse

buy now before too late

263263

124 posts

Posted by 263263 > 2019-02-18 15:17 | Report Abuse

Buy buy buy

Mar2083

877 posts

Posted by Mar2083 > 2019-02-20 19:00 | Report Abuse

30sen coming soon

263263

124 posts

Posted by 263263 > 2019-02-20 22:00 | Report Abuse

Buy buy buy again

freddiehero

16,722 posts

Posted by freddiehero > 2019-02-20 22:42 | Report Abuse

wah wan b superman

Posted by Airline Bobby > 2019-02-21 00:12 | Report Abuse

Ini kalilah !

steven_c

113 posts

Posted by steven_c > 2019-02-21 09:52 | Report Abuse

Thank goodness Velesto bagged a US$38mil contract recently. I am trusting the management to be more aggressive to win more, especially from Petronas. If price of crude oil rises further, it will be a bonus for oil and gas counters. Wishing the best of luck to all.

offshore

327 posts

Posted by offshore > 2019-02-21 14:22 | Report Abuse

Sapnrg rigs are not jack up, they are tender rigs. Tender rigs are not easy to get contracts cause it has to be installed on the platform itself and only certain platform can support that, unlike jack-ups which can be used on many types of platform.

Main question is whether there will be further impairment or reversal of impairment in this Q4.

888newbie

180 posts

Posted by 888newbie > 2019-02-22 09:53 | Report Abuse

Equally important to ask is the breakeven utilisation rate.

SuperPanda

11,431 posts

Posted by SuperPanda > 2019-02-22 20:08 | Report Abuse

coming back for velesto.. bought .235 today

SK1200

857 posts

Posted by SK1200 > 2019-02-25 09:52 | Report Abuse

Can velesto follow other OnG counter?wait n see

SuperPanda

11,431 posts

Posted by SuperPanda > 2019-02-25 09:57 | Report Abuse

all depends on oil price and its contract on hand

SuperPanda

11,431 posts

Posted by SuperPanda > 2019-02-26 21:50 | Report Abuse

seems good support .235 at my ave price

SuperPanda

11,431 posts

Posted by SuperPanda > 2019-02-26 21:51 | Report Abuse

but if coming rpt still loss, then jia lat no eyes to see

anson938

2,019 posts

Posted by anson938 > 2019-02-27 08:22 | Report Abuse

At least got some profit is enough...good start

Mabel

24,285 posts

Posted by Mabel > 2019-02-27 10:15 | Report Abuse

Velesto is doing great!. Keep it going!

First_Oil

19 posts

Posted by First_Oil > 2019-02-27 18:47 | Report Abuse

finally naga waking up., profit 15mil. 2019 outlook is great

First_Oil

19 posts

Posted by First_Oil > 2019-02-27 18:56 | Report Abuse

2019 outlook is good for Velesto. expect rm50-60 mil net profit as all 6 naga rig is fully utilized. normally 4quarter is worst result as monsoon season but in view of 4Q still make profit. Velesto is recovered from ICU ward

loyalok

162 posts

Posted by loyalok > 2019-02-27 19:06 | Report Abuse

no to worry PNB the biggest shareholder , any petronas project will give to Velestro

First_Oil

19 posts

Posted by First_Oil > 2019-02-27 19:08 | Report Abuse

yes. MPM / PETRONAS already instructed all oil operators to engage Naga and Sapura rig even little high cost / day rate. it means 2019 will be good year for sap and velesto

Posted by HuatlaiOnglai > 2019-02-27 19:21 | Report Abuse

It’s black ink! Let’s continue to drive growth and profitability in 2019!

Posted by Airline Bobby > 2019-02-27 19:21 | Report Abuse

hmm like i predicted .. INI KALILAH !

loyalok

162 posts

Posted by loyalok > 2019-02-27 19:30 | Report Abuse

bottom line velestro performance still depend on oil price

SuperPanda

11,431 posts

Posted by SuperPanda > 2019-02-27 19:47 | Report Abuse

good report can hold longer, end this week may up back 0.26

wantousek

533 posts

Posted by wantousek > 2019-02-27 21:25 | Report Abuse

BUY!

888newbie

180 posts

Posted by 888newbie > 2019-02-27 21:58 | Report Abuse

up please. i want to take profits.

ming

2,088 posts

Posted by ming > 2019-02-27 22:21 | Report Abuse

Every one take profit then how to up..lol

SK1200

857 posts

Posted by SK1200 > 2019-02-27 22:21 | Report Abuse

Nice profit..will be up tmrw..hihi

張德胜

63 posts

Posted by 張德胜 > 2019-02-27 23:25 | Report Abuse

Rise of fallen dragon

anson938

2,019 posts

Posted by anson938 > 2019-02-27 23:36 | Report Abuse

Toward 0.50...

SuperPanda

11,431 posts

Posted by SuperPanda > 2019-02-28 00:13 | Report Abuse

0.26 first then 0.30

snwong13

724 posts

Posted by snwong13 > 2019-02-28 07:24 | Report Abuse

.
Extra Booster!

Oil surges 2.6%, settling at $56.94, as US crude stocks plunge and Saudis brush off Trump tweet!

https://www.cnbc.com/2019/02/27/oil-markets-opec-us-crude-inventories-in-focus.html

張德胜

63 posts

Posted by 張德胜 > 2019-02-28 08:54 | Report Abuse

Wow gap up, very good start....

SuperPanda

11,431 posts

Posted by SuperPanda > 2019-02-28 09:50 | Report Abuse

market has no appetite

Jiun Wai

52 posts

Posted by Jiun Wai > 2019-02-28 10:09 | Report Abuse

Why is it not moving?

anson938

2,019 posts

Posted by anson938 > 2019-02-28 10:59 | Report Abuse

slowly up....be patient

Mabel

24,285 posts

Posted by Mabel > 2019-02-28 11:36 | Report Abuse

It's definitely looking good! God Speed Velesto!

Ron90

4,127 posts

Posted by Ron90 > 2019-02-28 12:22 | Report Abuse

buy to keep for nx qr.. relex

SuperPanda

11,431 posts

Posted by SuperPanda > 2019-02-28 14:11 | Report Abuse

when dayang post 1st profit and 2nd profit, market no concern also

IronShirt

3,178 posts

Posted by IronShirt > 2019-02-28 14:59 | Report Abuse

amanahraya, when are you buying??? 4:30pm

IronShirt

3,178 posts

Posted by IronShirt > 2019-02-28 15:49 | Report Abuse

0.30 is breakeven,,,,. regardless what big fish said or do.,,,,,my remisier said

anson938

2,019 posts

Posted by anson938 > 2019-02-28 15:57 | Report Abuse

WILL COLLECTING & ACCUMULATING THE SHARE AT CURRENT PRICE BEFORE MOVING UP HIGHER....

anson938

2,019 posts

Posted by anson938 > 2019-02-28 15:58 | Report Abuse

START TO RALLY HIGHEST FROM NOW....

Mar2083

877 posts

Posted by Mar2083 > 2019-02-28 17:45 | Report Abuse

27sen tomorrow

Ron90

4,127 posts

Posted by Ron90 > 2019-02-28 18:03 | Report Abuse

good result so far...

SuperPanda

11,431 posts

Posted by SuperPanda > 2019-02-28 18:26 | Report Abuse

Maybank IB TP 0.33

H12345

67 posts

Posted by H12345 > 2019-02-28 18:38 | Report Abuse

Closed highest of the day, coming Q will improve further. Demand is there.

SuperPanda

11,431 posts

Posted by SuperPanda > 2019-02-28 21:27 | Report Abuse

0.4 consider very good already for initial recovery year

Hghg

2 posts

Posted by Hghg > 2019-03-01 15:56 | Report Abuse

slowly collecting

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