2018 Velesto recorded negative 100m+ loss, for the 2019 Velesto guarantee will stay in Black about 100m+ ( so if in negative average price is 30cents-----in positive cannot be 30 cents also)
Price is only 25% based on valuation but 65% based on Sentiment
Velesto just began experience of huge trading vol with big hump @32, 33 c road block , plus idss of ppl needs buy more . This scenario happened at Sapulah 2 weeks ago until last nite shorties defeated . So , price 4 velesto sure facing tough volatility until next 1QR19 released May . Don’t chase high , but grab as much as u can if suddenly PNB , Yayasan throw out to cos price drop below 30 c again . Don’t sell ur house , cars , wife , children but only ur ass to all in ( trade at own risk !
Sifu ah sifu I know what u mean , problem is who will pump since Pnb been pressured by Tun to dispose all GLC share price at reasonable ( they not will to push but just stable to avoid big volatility )
answer: KWSP... u observe and see, Share dump by PNB will totally take up by KWSP
Good after, dear nicholai1983. D u hv any link/evidence as u mention epf swallow all disposal fr other GLC. So say so, y still need 1b, epf just buy all bal (14+14+38.5+5.5=72)28% fr open market then just delisted n govermentized!
Petronas indicate they will increase their rig to high 20tiees from current 14. Hence there will be more new from Volesto and other rigs players in coming months. The charter rates seems to be better this time around.
KWSP has become a substantial shareholders at average 31cts .....expect Velesto to shoot all time high this year, whereby KWSP can continue to pay good dividends for 2019..
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Luckystock
49 posts
Posted by Luckystock > 2019-04-22 23:00 | Report Abuse
Fundamental sound stock. Still cheap to buy. Price less than 0.350 us a buy.