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.

24,374 comment(s). Last comment by RJ87 13 hours ago

263263

124 posts

Posted by 263263 > 2019-03-11 17:22 | Report Abuse

Gd sign

Posted by 1528276466 > 2019-03-11 18:08 | Report Abuse

0.28 what happen, why so many internal transactions?

bovunbursa

179 posts

Posted by bovunbursa > 2019-03-11 18:21 | Report Abuse

Naga 6 is with pttep now. Thursday will onboard. Buy velesto TP 40 and beyond by end 019

InvestorKING

5,931 posts

Posted by InvestorKING > 2019-03-11 20:45 | Report Abuse

buy Armada, positive news coming soon, besides that, internal people already leaked out the insider positive news:::

https://klse.i3investor.com/m/stock/headlines/5210.jsp

calvintaneng

56,709 posts

Posted by calvintaneng > 2019-03-11 20:49 |

Post removed.Why?

calvintaneng

56,709 posts

Posted by calvintaneng > 2019-03-11 20:55 | Report Abuse

TOP 10 REASONS WHY VELESTO (5243) OR UMW O&G IS THE BEST BUY NOW (Potential Upside 200%), Calvin Tan Research 1,000 0 1 Mar 11, 2019 Edit | Delete


SEE

1,000 VERY SMART PAGE VIEWS BY i3 FORUMERS ON CALVIN'S LATEST CHUN CHUN POST

1,000 CHUN CHUN PAGE VIEWS RIGHT NOW!!!

BUY FIRST THING TOMORROW MORNING WHEN MARKET OPENS AT 9.00 AM SHARP

SAPU AS MANY VELESTO SHARES AS POSSIBLE ON OPENING BEFORE PRICES RUN AWAY ABOVE 30 SEN

ONCE GONE LIKE CARIMIN AT 39 SEN, OR LIKE NAIM AT 50 SEN OR LIKE DAYANG AT 68 SEN OR PENERGY AT 75 SEN THEN CRY FATHER OR CRY MOTHER ALSO NO USE

SO JUST GO AND GRAB VELESTO QUICK!!!

Posted by JohnVinson > 2019-03-11 21:09 | Report Abuse

I fully agreed with Calvin Tan Target Price RM1 for Velesto. If you look at the history at the end of year 2013 the market capitalization of Velesto was RM8.67 billon. I think Velesto can achieve it given it largest shareholder is PNB.

Posted by Cryptotrader > 2019-03-11 22:10 | Report Abuse

Is it too late to buy tml

calvintaneng

56,709 posts

Posted by calvintaneng > 2019-03-11 22:33 | Report Abuse

Cryptotrader

Sure can get if you act fast

Out there got 8 billion paid up shares of Velesto

Many old uncle and unties who know nothing about Velesto as yet. So they might let go in ignorant just like those who sold Naim shares to me around 46 sen

Once some Big funds know the truth. Then sorry Loh

Act fast before others found out

Good night

sandrakkc

1,014 posts

Posted by sandrakkc > 2019-03-11 23:26 | Report Abuse

And please be reminded that though this is a heavyweight, PNB & ASB had acted in concert to underwrite the unsubscribed portion of the Rights issue, so this is definitely a cornered stock by the BIG BOYS. And now the time has come for these BIG BOYS to be marching in to claim glory for this GIANT again.

Posted by 1528276466 > 2019-03-11 23:39 | Report Abuse

Wow so many good reviews for this counter, feel like tomorrow wanna all in...

uptrending

1,852 posts

Posted by uptrending > 2019-03-11 23:59 | Report Abuse

Date Price Target Source News
01/03/2019 0.25 HLG Price Target News
28/02/2019 0.33 BIMB Price Target News
28/02/2019 0.24 AmInvest Price Target News
28/02/2019 0.30 Affin Hwang Capital Price Target News
13/02/2019 0.25 HLG Price Target News
26/11/2018 0.27 HLG Price Target News
26/11/2018 0.33 BIMB Price Target News
26/11/2018 0.24 AmInvest Price Target News
26/11/2018 0.30 Affin Hwang Capital

All these IBs 。。。。。。

calvintaneng

56,709 posts

Posted by calvintaneng > 2019-03-12 00:20 | Report Abuse

Sorry to say about these armchair IB analysts

TA called for a sell on RceCap when Datuk Hashim was buying at 27.5 sen
So Calvin called for a chun chun buy on RceCap at 27.5 sen

AFTER RCECAP GAVE 7.5 SEN CASH PAYOUT IT MERGED 4 INTO ONE AT 80 SEN

THEN RCECAP UP 100% CHUN CHUN TO RM1. 60

SO TA ANALYST TAK BOLIH PAKAI ONE

CIMB IB CALLED FOR A BUY ON IFCA AT RM2. 20 WHILE CALVIN GAVE WARNING TO SELL IFCA ABOVE RM1. 80

THEN IFCA GONE TRIPLE LIMIT DOWN TO 25 SEN AND 99%. IN IFCA WHO CLICKED LIKES GONE BANKRUPT AND DISAPPEARED FROM POSTING IN I3 FORUM

SO Don't Simply listen to IB. Learn to do your own Research

If these IB so clever why they missed the Oil and Gas Bull run?

All still pointing at the wrong stocks till now?

Ron90

4,127 posts

Posted by Ron90 > 2019-03-12 00:44 | Report Abuse

asey bro Calvin, few posting enough already la, don keep on spamming this thread..huhu.

by the way, U no need to promote this stock la, let it stay this way, i am afraid kyy might come here and bring in his Dayang money.

calvintaneng

56,709 posts

Posted by calvintaneng > 2019-03-12 08:01 | 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


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%

Bull

1,361 posts

Posted by Bull > 2019-03-12 08:30 | Report Abuse

Thanks calvin. Best in i3

sandrakkc

1,014 posts

Posted by sandrakkc > 2019-03-12 08:57 | Report Abuse

Thanks Calvin for putting all these info together so we know what we're getting into. Exciting times for VELESTO.

SuperPanda

11,431 posts

Posted by SuperPanda > 2019-03-12 09:18 | Report Abuse

TP 0.3 coming soon. Hold since 0.235

calvintaneng

56,709 posts

Posted by calvintaneng > 2019-03-12 09:36 | Report Abuse

Still CAN GET AT 29.5 SEN?

VERY GOOD VALUE BUY!

JUST LIKE BUYING DAYANG AT 69.5 SEN

Posted by Crash123456buil > 2019-03-12 09:39 | Report Abuse

Buy 0.30, will go RM 2.50, Dayang Velest

SuperPanda

11,431 posts

Posted by SuperPanda > 2019-03-12 09:40 | Report Abuse

Wow 0.3 broken.. !! Now all panic buy velesto

sandrakkc

1,014 posts

Posted by sandrakkc > 2019-03-12 09:52 | Report Abuse

Cornered stock by PNB and ASB already. Panic buy now.

JJchan

7,182 posts

Posted by JJchan > 2019-03-12 10:00 | Report Abuse

I think last night( 4:50pm) Amanah Bought All 0.280----Looks like a 10% up from last nite = 0.32
closing

Ron90

4,127 posts

Posted by Ron90 > 2019-03-12 10:05 | Report Abuse

u guys bought son or not?..i already full since last week...sweet

calvintaneng

56,709 posts

Posted by calvintaneng > 2019-03-12 10:11 | 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


DATO DAYANG (VELESTO) EARNINGS GROWTH WILL OVERTAKE DAYANG SOON!!!

JJchan

7,182 posts

Posted by JJchan > 2019-03-12 10:11 | Report Abuse

This morning i tried to corner all 2.85 but ppl are buying 2.90/2.95 right from the start

JJchan

7,182 posts

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

once they finished eating 0.30, it will cover with 10m shares( i think )

SuperPanda

11,431 posts

Posted by SuperPanda > 2019-03-12 10:20 | Report Abuse

today volume amazing, big fund collecting.. might see 0.33 soon

if retrace maybe a bit before another jump

John Lu

5,187 posts

Posted by John Lu > 2019-03-12 10:37 | Report Abuse

Today should be above 32c

calvintaneng

56,709 posts

Posted by calvintaneng > 2019-03-12 10:44 | 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!!

sandrakkc

1,014 posts

Posted by sandrakkc > 2019-03-12 10:47 | Report Abuse

Calvin, I did all as you said

calvintaneng

56,709 posts

Posted by calvintaneng > 2019-03-12 10:49 | Report Abuse

Posted by deMusangking > Mar 12, 2019 10:46 AM | Report Abuse

for once, i agree with him!!!


hahaha!!!


VERY GOOD MUSANGKING

WELCOME TO DATO DAYANG STOCK!!!


sandrakkc
380 posts
Posted by sandrakkc > Mar 12, 2019 10:47 AM | Report Abuse

Calvin, I did all as you said

YOU ARE SMARTEST SANDRA!!

Ron90

4,127 posts

Posted by Ron90 > 2019-03-12 11:28 | Report Abuse

again Rakuten Trade lousy system crash since early this morning, have to do transaction in other securities. This had happened few times when market is hot..last time during construction rally.. ayoo.. wTF this rakuten.

anyway, i am not selling yet..hehe

sad day for Rakuten Trade account holder ..huhu

Ron90

4,127 posts

Posted by Ron90 > 2019-03-12 11:30 | Report Abuse

wait for KYY response... if he still stick to Dayang until 3.0 or..silently ..already jumped to Velesto?.

iamkkk

2 posts

Posted by iamkkk > 2019-03-12 11:43 | Report Abuse

I have 130 lots cost about RM 0.297. Need to wait further to made profit.

888newbie

180 posts

Posted by 888newbie > 2019-03-12 11:58 | Report Abuse

Target reached. All out at 0.30. Good luck to all of you.

IronShirt

3,178 posts

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

JJ, my remisier said IB not Amanah bought ridiculous Vol. last 2 days,,,,maybe got inside info. on
Petronas Contracts award

sandrakkc

1,014 posts

Posted by sandrakkc > 2019-03-12 12:25 | Report Abuse

Taking 30.5 already. Power up

tansoonyg

61 posts

Posted by tansoonyg > 2019-03-12 12:28 | Report Abuse

started moving up, thank you Calvin.

Money122

982 posts

Posted by Money122 > 2019-03-12 12:29 | Report Abuse

Similar like dayang n others..

Money122

982 posts

Posted by Money122 > 2019-03-12 12:29 | Report Abuse

Got contract..

Money122

982 posts

Posted by Money122 > 2019-03-12 12:31 | Report Abuse

Hope will go to over RM1.00

Pak Abu

1,406 posts

Posted by Pak Abu > 2019-03-12 12:32 | Report Abuse

Bye..Bye..30 sen!!

Bull

1,361 posts

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

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

Money122

982 posts

Posted by Money122 > 2019-03-12 12:36 | Report Abuse

Volume exceeds over 100million..wow!!!

263263

124 posts

Posted by 263263 > 2019-03-12 12:39 | Report Abuse

My earning start price.

Rowie

471 posts

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

KYY must have jump out from dayang & silently in velesto. His story will come when 40-45 sen reaches

Surewind

292 posts

Posted by Surewind > 2019-03-12 13:25 | Report Abuse

Holding this stock since last year, only second time in a year to go positive.
Actually, the first chance was 1st open market after election until now.
Might clear 50k units to make way for some capital if it hits 31 sens today.
Regret not clearing some units back then, so as a matter of principle need to clear a quarter of my stake. But i still believe this company has tons of potential.

TakeProfits

1,229 posts

Posted by TakeProfits > 2019-03-12 13:29 | Report Abuse

Woo, very high volume. Those calling you to buy, bought at below 20c @nd selling out now. Play with them but get out on time ....before they dump on you..

Posted by anonymous98 > 2019-03-12 13:36 | Report Abuse

Holding since last year, first time positive

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