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 11 hours ago

sooaria

804 posts

Posted by sooaria > 2019-03-15 09:07 | Report Abuse

fast buy more

Surewind

292 posts

Posted by Surewind > 2019-03-15 09:08 | Report Abuse

“This will benefit everyone in the value chain across the board and who runs concurrent to Petronas’ 2019 to 2021 activity outlook report,” he told TMR.

He said several listed O&G firms are poised to benefit from this scenario. This includes previously maligned counters like Sapura Energy Bhd, Velesto Energy Bhd and Malaysia Marine and Heavy Engineering Holdings Bhd (MMHE).

Velesto reduced its net loss by 84.2% year-on-year to RM17.89 million for the fourth quarter ended Dec 31, 2018, on lower asset impairments and improved rig utilisation. The drilling and oilfield service provider was previously listed as UMW Oil & Gas Corp Bhd.


https://themalaysianreserve.com/2019/03/14/petronas-2019-capex-to-have-minimal-impact-on-domestic-og-companies/

sooaria

804 posts

Posted by sooaria > 2019-03-15 09:08 | Report Abuse

Thank you Master Sifu Calvin - chun chun call

Surewind

292 posts

Posted by Surewind > 2019-03-15 09:08 | Report Abuse

Very good news actually!

sooaria

804 posts

Posted by sooaria > 2019-03-15 09:08 | Report Abuse

RM0.31 now buy on weakness

Ron90

4,127 posts

Posted by Ron90 > 2019-03-15 09:11 | Report Abuse

once got new job..vel will limit up !!

kingb

519 posts

Posted by kingb > 2019-03-15 09:16 | Report Abuse

Still on accumulation mode

sooaria

804 posts

Posted by sooaria > 2019-03-15 09:20 | Report Abuse

Good sharing Surewind

sooaria

804 posts

Posted by sooaria > 2019-03-15 09:21 | Report Abuse

Accumulate more, more riches come your way

Simple man

908 posts

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

Down trend .

kingb

519 posts

Posted by kingb > 2019-03-15 09:45 | Report Abuse

Just to press weak holder to sell. Based on what I see, lowest price you could get for today is 0.305

But if no holder willing to sell, then they will push it up.

sooaria

804 posts

Posted by sooaria > 2019-03-15 10:07 | Report Abuse

Oil & Gas - Profit taking day

sooaria

804 posts

Posted by sooaria > 2019-03-15 10:07 | Report Abuse

Accumulate more on price drop

sooaria

804 posts

Posted by sooaria > 2019-03-15 10:08 | Report Abuse

soon be 0.32

sooaria

804 posts

Posted by sooaria > 2019-03-15 10:12 | Report Abuse

All contra players gone, price goes up

sooaria

804 posts

Posted by sooaria > 2019-03-15 10:13 | Report Abuse

Future index looks good

sooaria

804 posts

Posted by sooaria > 2019-03-15 10:22 | Report Abuse

Those run, will be pick up by real winner

sooaria

804 posts

Posted by sooaria > 2019-03-15 10:22 | Report Abuse

Lets huat together

sooaria

804 posts

Posted by sooaria > 2019-03-15 10:23 | Report Abuse

Calvin - Chun Chun

sooaria

804 posts

Posted by sooaria > 2019-03-15 10:25 | Report Abuse

Buy now, May very rich already

offshore

327 posts

Posted by offshore > 2019-03-15 10:28 | Report Abuse

Uzma has secured a contract in Indonesia while this company is still begging for contracts from Petronas. See the difference between a GLC and entrepreneur driven company.

kingb

519 posts

Posted by kingb > 2019-03-15 10:34 | Report Abuse

0.315 big wall will be broken down in a moment

Khaz

393 posts

Posted by Khaz > 2019-03-15 10:41 | Report Abuse

impossibru

calvintaneng

56,709 posts

Posted by calvintaneng > 2019-03-15 10:45 | Report Abuse

Posted by dragonslayer > Mar 15, 2019 10:29 AM | Report Abuse

Aiyo....calvin kor kor chun is chun...but sometimes...sell call on other ctrs...also beh chun lah...cannot keep hoot other ctrs to promote own ctrs…..unfair lah….church evangelist cannot like this lah…..lol...aiyoyo...kikiki


Yes dragon

Okok

Calvin is doing what he preaches

See

I cutloss in other stocks to buy Oil & Gas stocks like Velesto, Penergy & Destini

SO I PRACTISE WHAT I PREACH

I hope dragod do very well this year of O&G Bull run

dusti

2,404 posts

Posted by dusti > 2019-03-15 11:20 | Report Abuse

Reminds me of my grandfather's Velocette; sometimes can go, sometimes have to push. Calvin, come on let's PUSH!

sooaria

804 posts

Posted by sooaria > 2019-03-15 11:20 | Report Abuse

Believe in Calvin

sooaria

804 posts

Posted by sooaria > 2019-03-15 11:21 | Report Abuse

Trust in Calvin

sooaria

804 posts

Posted by sooaria > 2019-03-15 11:21 | Report Abuse

Let's get rich together

stockraider

31,556 posts

Posted by stockraider > 2019-03-15 11:22 | Report Abuse

Posted by stockraider > Mar 15, 2019 11:09 AM | Report Abuse X

Ask yourself do u want to be simply trying to be moderate when u r really cocksure of surewin leh ??

Yes why u want to waste time and indulge in the academic of plus & minus....when behind our head already calculated big big very explosive surewin coming mah....!!

Just rush & get the ball quickly and play mah....!!

Posted by stockraider > Mar 15, 2019 10:48 AM | Report Abuse X

I leave it to u to see after 3 yrs and 3 mths...i reiterate my well intention here loh....!!

1. THE CALL TO BUY SAPNRG AT RM 0.30 TO RM 0.35 ARE DESIGNED TO GIVE U MAX PROFITS TO U...IF U FOLLOW RAIDER'S INVESTMENT GUIDELINE wholeheartedly LOH..!!
THERE ARE NO FLAWS AND NOT TOO OPTIMISTIC LOH...!!
WHY LEH ??
THIS IS BCOS RAIDER MAKE A CALL ONLY A FEW MONTHS AFTER THE TURNAROUND FACTORS OF SAPNRG BECOME VISIBLE AND SAPNRG SHARE PRICE IS STILL UNDERVALUE WITH HUGE MARGIN OF SAFETY MAH...!!

2. RAIDER IS COMPLETELY HONEST WITH U LOH...AND GIVE U the MAX OPPORTUNITY TO MAKE A KILLING ON SAPNRG, UNLIKE PEOPLE LIKE PHILIP AND 3iii AFTER BUYING QL AND NESTLE FOR MORE THAN 10 YRS...COME TO PROMOTE TO U WITH NO MARGIN OF SAFETY AND OVERVALUE WITH PE MORE THAN 50X after 10 yrs when there are no more exceptional margin mah!.

3. RAIDER JUST WANT U TO BE veli RICH, AND SHARE THE huge BOUNTY of sapnrg WITH RAIDER together, BCOS I M A VERY GENEROUS PERSON...IF I GET VERY RICH ALONE...I FEEL VERY LONELY LOH......!!


Posted by Choivo Capital > Mar 15, 2019 10:46 AM | Report Abuse

Raider.

You cannot deny that SSLEE has his point.

You're always very optimistic and strong in promotion in your stocks. And many did not end up well.

Evergreen
Hengyuan

etc.

May i suggest you be more moderated. If one only talks about the good thing, but not the bad, that says something.

tah16600

2,646 posts

Posted by tah16600 > 2019-03-15 11:32 | Report Abuse

All that glitters is not gold

Khaz

393 posts

Posted by Khaz > 2019-03-15 11:47 | Report Abuse

trap runnnn

Posted by Cryptotrader > 2019-03-15 14:16 | Report Abuse

Momentum gone.. Worldwide stock market also take profit ahead of us China trade deal in 3 week Times..

calvintaneng

56,709 posts

Posted by calvintaneng > 2019-03-15 14:17 | Report Abuse

TODAY CALVIN TOOK UP VELESTO PRECIOUS SHARES & WILL KEEP IT SAFE

263263

124 posts

Posted by 263263 > 2019-03-15 14:20 | Report Abuse

If end trading pop up, that mean up trade come

ahwong

105 posts

Posted by ahwong > 2019-03-15 14:22 | Report Abuse

Sapura heads to 0.4, it will same goes to Velesto.

Posted by Nicholasming91 > 2019-03-15 14:43 | Report Abuse

Sorchai only buy velesto...

Posted by Yeow Wen Xiang > 2019-03-15 14:45 | Report Abuse

VELESTO still ...

Ron90

4,127 posts

Posted by Ron90 > 2019-03-15 14:59 | Report Abuse

reload guys. ...whlle its holding well

ramada

3,955 posts

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

TP RM0.30, looks overpriced already.

kingb

519 posts

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

Thanks for throwing at 0.31

Reloaded

ivan9511

3,854 posts

Posted by ivan9511 > 2019-03-15 15:33 | Report Abuse

go see Media
good news
Umno will sell its stake in Media Prima, the country's biggest media conglomerate, according to the party's acting president Mohamad Hasan.

Last month, the Malay-based party sold its 31.6 percent stake in Kumpulan Utusan, whose flagship publication Utusan Malaysia had previously been kept alive with Umno's money.

“We will sell our stake in Media Prima as there is nothing much we can do. We can’t put out our own news, and we do not have board representation.

“At least it (the sale) can cover us for another two-and-a-half years,” Mohamad said in an interview with news portal Free Malaysia Today (FMT).

“Umno is a big organisation and it needs a lot of money to maintain it. Running the headquarters has substantial costs. Even paying salaries is difficult now," he said.

Media Prime controls four television channels (TV3, NTV7, 8TV and TV9), three newspapers (New Straits Times, Berita Harian and Harian Metro) and four radio stations (Fly FM, Hot FM, One FM and Kool FM).

Umno decided to monetise part of its assets after its bank account was one of 900 frozen by MACC over transactions tied to the 1MDB scandal last year.

However, Mohamad sees a silver lining in the defeat of BN in May 2018 after six decades in power. He believes that Umno will make a comeback with the co-operation of PAS.

'Parasites are now gone'

“I believe the defeat was a blessing in disguise," said Mohamad, who is also known as Tok Mat.

“The parasites are now gone. We lost because we were arrogant and egotistical, and people were turned off. So now we have to lose these bad characteristics,” he said.

Mohamad, who is also Umno's number two, took charge of the party in December 2018 in the wake of president Ahmad Zahid Hamidi going on leave after being slapped with a number of corruption charges.

sooaria

804 posts

Posted by sooaria > 2019-03-15 15:45 | Report Abuse

Oil Price index increase

sooaria

804 posts

Posted by sooaria > 2019-03-15 15:45 | Report Abuse

US future green

sooaria

804 posts

Posted by sooaria > 2019-03-15 15:45 | Report Abuse

collect more velesto now 0.31

sooaria

804 posts

Posted by sooaria > 2019-03-15 15:45 | Report Abuse

Monday spike up

sooaria

804 posts

Posted by sooaria > 2019-03-15 15:46 | Report Abuse

People throwing for weekend

sooaria

804 posts

Posted by sooaria > 2019-03-15 15:46 | Report Abuse

Players buying cheap 0.31

thinkndo

186 posts

Posted by thinkndo > 2019-03-15 16:28 | Report Abuse

Finally decided to exit with little profit taking after a year period holding..huh. Wish to re-enter soon......in order to attend this coming AGM. Good luck guys!

Ron90

4,127 posts

Posted by Ron90 > 2019-03-15 16:29 | Report Abuse

Petronas must drill faster as. brent willl stay high until june ..thats what Saudi wants..Hibiscus also will sell crude as much as possible in this firt and 2nd quarters

Posted by Jonathan Keung > 2019-03-15 16:30 | Report Abuse

thinko: you are lucky. others still negative after holding 1 year

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