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 8 minutes ago

signalmw

3,314 posts

Posted by signalmw > 2019-03-06 11:52 | Report Abuse

Funny bride oil down it up

signalmw

3,314 posts

Posted by signalmw > 2019-03-06 11:53 | Report Abuse

Buy

anson938

2,019 posts

Posted by anson938 > 2019-03-06 12:01 | Report Abuse

Toward 0.50 soon.

Nura

36 posts

Posted by Nura > 2019-03-06 12:11 | Report Abuse

Try to brake resistance 0.28

http://cakap. net/gann-square-of-9/?s=valesto&cp=0.275

Heng Chai

1,199 posts

Posted by Heng Chai > 2019-03-06 12:12 | Report Abuse

Buah_kurma, tp for this stock?

Heng Chai

1,199 posts

Posted by Heng Chai > 2019-03-06 12:24 | Report Abuse

To 0.3 cent okay?

Mar2083

877 posts

Posted by Mar2083 > 2019-03-06 12:29 | Report Abuse

40sen coming soon

SuperPanda

11,431 posts

Posted by SuperPanda > 2019-03-06 12:46 | Report Abuse

.40 can do in one day if goreng, better slowly and steadily up

SuperPanda

11,431 posts

Posted by SuperPanda > 2019-03-06 12:47 | Report Abuse

short TP 0.3 first, then next resistance .33

SuperPanda

11,431 posts

Posted by SuperPanda > 2019-03-06 13:10 | Report Abuse

with higher utilisation rate and stable oil price, velesto will be look more attractive in the next quarter

berfikir

507 posts

Posted by berfikir > 2019-03-06 13:10 | Report Abuse

the legend is come back umwog

263263

124 posts

Posted by 263263 > 2019-03-06 13:41 | Report Abuse

Buy buy buy, no comment.

Ron90

4,127 posts

Posted by Ron90 > 2019-03-06 14:02 | Report Abuse

Ron90 syndicate play....huge debt laden with bad QR ..up ..trap ikan bilis at the top nanti.. .. vice versa, good company, consistent good uptrend results, they push it down as the performance is no good.

wait for a few days, the true color will appear
01/03/2019 20:02

=========
as expected...hehe

junetan20

525 posts

Posted by junetan20 > 2019-03-06 14:57 | Report Abuse

finally reached the resistent 0.28

Posted by fraddieshare > 2019-03-06 15:00 | Report Abuse

will close 0.285 today

SuperPanda

11,431 posts

Posted by SuperPanda > 2019-03-06 15:26 | Report Abuse

wow

SuperPanda

11,431 posts

Posted by SuperPanda > 2019-03-06 15:27 | Report Abuse

that means next week .30

Heng Chai

1,199 posts

Posted by Heng Chai > 2019-03-06 16:19 | Report Abuse

IB buy

Eldon Ong

158 posts

Posted by Eldon Ong > 2019-03-06 17:19 | Report Abuse

Agree...Sellers always Q huge quantity to sell just to fool people to sell cheap to them...
Let’s see tomorrow how Velesto to perform...

Eldon Ong

158 posts

Posted by Eldon Ong > 2019-03-06 17:45 | Report Abuse

Amanah Saham just acquired 31m shares on 4 March...good sign...

JJchan

7,182 posts

Posted by JJchan > 2019-03-06 18:07 | Report Abuse

Luckily it is Amanah buying( maybe today too)----EPF & KWAP where are you??
Tomolo guarantee pushed to 0.30

JJchan

7,182 posts

Posted by JJchan > 2019-03-06 18:11 | Report Abuse

Or " Lightning Strike Twice" at 0.450----Okay give or Take Friday (8 Feb) ------hahaha

Rowie

471 posts

Posted by Rowie > 2019-03-06 19:29 | Report Abuse

March 4 Amanah bought 31m shares but total market volume done is only 24m
Case for Sherlock Homes

Posted by Airline Bobby > 2019-03-06 20:01 | Report Abuse

0.5 is coming

JJchan

7,182 posts

Posted by JJchan > 2019-03-06 20:15 | Report Abuse

All shares Amanah purchase on Mon + last Fri ( T+3)---Fair Game except secretary lumped everything together

James Ng

2,706 posts

Posted by James Ng > 2019-03-07 13:01 | Report Abuse

https://klse.i3investor.com/blogs/general/196862.jsp
[转贴] [VELESTO ENERGY BERHAD:根据最新的Petronas活动展望2019-2021所反映的当前合约前景,预计今年第二季度的资产利用率将再次回升,仅2019年,所需的自升式钻井平台数量预计在16至18个单位] - James的股票投资James Share Investing

anson938

2,019 posts

Posted by anson938 > 2019-03-07 15:12 | Report Abuse

0.5 is coming,,,

Heng Chai

1,199 posts

Posted by Heng Chai > 2019-03-07 15:31 | Report Abuse

Velesto show finish

Posted by cvnicholas > 2019-03-07 15:33 | Report Abuse

best to go into perdana....something brewing

anson938

2,019 posts

Posted by anson938 > 2019-03-07 23:07 | Report Abuse

Oil edges up on Venezuela and Iran sanctions, OPEC supply cuts
Oil prices tick higher, adding to modest gains this week.
Crude futures continue to draw support form OPEC-led supply cuts and further signs Venezuela's PDVSA is struggling to export oil amid U.S. sanctions.
U.S. crude oil stockpiles surge as American drillers pump at all-time highs near 12 million barrels a day.

張德胜

63 posts

Posted by 張德胜 > 2019-03-08 07:46 | Report Abuse

US crude rises 44 cents, settling at $56.66, after choppy trading session

SuperPanda

11,431 posts

Posted by SuperPanda > 2019-03-08 08:55 | Report Abuse

rigs utilisation up and pil price has stable from jan-mar, so coming may result will produce better result

when a stock post better result 2 consecutive quarter, you can expect more momentum

hopefully oil will stay >60 from april to may

IronShirt

3,178 posts

Posted by IronShirt > 2019-03-08 14:30 | Report Abuse

Monday T+3 for 80m,,,,,,,bottom fish on Mon better

Superb99

6,604 posts

Posted by Superb99 > 2019-03-09 14:11 | Report Abuse

Let's see whether the dumping volume are really huge on next mon and tue

Posted by HuatlaiOnglai > 2019-03-09 15:40 | Report Abuse

While the oil and gas environment continues to be challenging and Petroliam Nasional Bhd (Petronas) will continue to be mindful of being cost efficient, it looks like 2019 might actually be a more vibrant year for the upstream oil and gas segment.

Firstly, Petronas CEO Tan Sri Wan Zulkiflee Wan Ariffin expects capital expenditure (capex) to increase to above RM50bil in 2019 from RM46.8bil last year.

Posted by HuatlaiOnglai > 2019-03-09 15:41 | Report Abuse

A Very promising OL for Velesto in 2019 as petronas plan to increase their upstream activities form current 2018 about 15 Rigs to 25-29 rigs in the year of the pig. Huat kau kau Velesto!

matg

997 posts

Posted by matg > 2019-03-09 19:43 |

Post removed.Why?

Ron90

4,127 posts

Posted by Ron90 > 2019-03-10 10:09 | Report Abuse

Money122 http://www.klsescreener.com/v2/news/view/499900
09/03/2019 08:38
=========

means all 4 rigs continue their job in 2019, that would produce stream income for the next 4QR/2019 !!.

if they can bag even 1 extra job , this counter sure fly TP 30c

Rowie

471 posts

Posted by Rowie > 2019-03-10 10:38 | Report Abuse

Based on Petronas boss statements, velesto will surely bag a few contracts soon. Petronas has confirmed that they will bear the mobilisation & demobilisation costs which are very substantial. Hence moving forward velesto cost will be reduced on rigs contracted by Petronas

Superb99

6,604 posts

Posted by Superb99 > 2019-03-10 16:33 | Report Abuse

It broke new high, hopefully can sustain and move higher

JJchan

7,182 posts

Posted by JJchan > 2019-03-10 18:18 | Report Abuse

The cost of moving rig from one place to another is really expensive. Each Well average 50 days drilling time. Two well 100days , previous contract(3 months), got to move back to Base.
Petronas should hand out contract more then 5 wells (one year job), then Velesto can make more profit-----I found it very difficult to estimate profit every quarter, don't know still drilling or on the way back to base

JJchan

7,182 posts

Posted by JJchan > 2019-03-10 18:30 | Report Abuse

i prefer more contracts on Hydraulic Workover bcoz this are 3 years Job----Oil price if keep
steady at $60--65 all year round is more then sufficient to encourage Petronas to keep Drilling
New wells

digi_three

729 posts

Posted by digi_three > 2019-03-11 08:53 | Report Abuse

Market sources has advised that Velesto Energy jackup Naga 7 (375'-IC) has
secured a contract with Murphy Oil for drilling in Block SK314 off Sarawak.
Commencement is scheduled for the 3rd week of March for a duration of about
120 days. (Riglogix) ...

Ron90

4,127 posts

Posted by Ron90 > 2019-03-11 12:24 | Report Abuse

slowly... but if that news tend to be true.. 30c on sight ..

SuperPanda

11,431 posts

Posted by SuperPanda > 2019-03-11 15:36 | Report Abuse

continue hold short TP 0.3 by this mth

Posted by fraddieshare > 2019-03-11 15:52 | Report Abuse

healthy grow....good sign

Posted by HuatlaiOnglai > 2019-03-11 17:18 | Report Abuse

Positive OL that help build confidence on Velesto. Good Q1 earning will be key for more advancement in share price.

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