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 5 hours ago

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.

ming

2,088 posts

Posted by ming > 2019-04-22 23:02 | Report Abuse

Small contract .. but still better than none..

Hotstuff

3,291 posts

Posted by Hotstuff > 2019-04-22 23:06 | Report Abuse

woodswater what are you talking about??? there is no rumours on this at all.

Posted by Contraman > 2019-04-22 23:29 | Report Abuse

Means tmr will be down, once the news is announced.

Flyinghorse

3,722 posts

Posted by Flyinghorse > 2019-04-22 23:31 | Report Abuse

Tomorrow is HUAT !!!

yip_8988

117 posts

Posted by yip_8988 > 2019-04-23 00:37 | Report Abuse

Can up 1 Sen very happy already.

snwong13

724 posts

Posted by snwong13 > 2019-04-23 06:06 | Report Abuse

.
Crude oil jumped almost *3%* on Monday after the United States said it will take more steps to choke off Iranian oil exports

https://www.theedgemarkets.com/article/oil-jumps-us-plans-tighten-iran-sanctions-dollar-eases

Flyinghorse

3,722 posts

Posted by Flyinghorse > 2019-04-23 06:37 | Report Abuse

No need guess. Sure will go up. Only by how much.

azta12

5,594 posts

Posted by azta12 > 2019-04-23 08:34 | Report Abuse

grab

Woodswater

3,783 posts

Posted by Woodswater > 2019-04-23 08:46 | Report Abuse

4 those who never in Velesto will soar , pls don’t chase high if reached higher high @ 31.5 c.

Wakakakaka

azta12

5,594 posts

Posted by azta12 > 2019-04-23 09:01 | Report Abuse

add some more

JJchan

7,182 posts

Posted by JJchan > 2019-04-23 09:18 | Report Abuse

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

vincent27

614 posts

Posted by vincent27 > 2019-04-23 09:28 | Report Abuse

going to fly

Woodswater

3,783 posts

Posted by Woodswater > 2019-04-23 09:37 | Report Abuse

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 !

Wakakakaka

JJchan

7,182 posts

Posted by JJchan > 2019-04-23 09:39 | Report Abuse

10% up (0.33 to 0.35 ) normal

fl888

7,753 posts

Posted by fl888 > 2019-04-23 09:43 | Report Abuse

KWSP acquiring means what...

fl888

7,753 posts

Posted by fl888 > 2019-04-23 09:48 | Report Abuse

Big Block at 32 cts

Woodswater

3,783 posts

Posted by Woodswater > 2019-04-23 09:58 | Report Abuse

Afraid can’t even +10% but -5% keen to suffer same scenario these couple weeks ago , sad !

roslaom

502 posts

Posted by roslaom > 2019-04-23 10:06 | Report Abuse

Contract was awarded 3 weeks ago lah. Only yesterday announce.

JJchan

7,182 posts

Posted by JJchan > 2019-04-23 10:07 | Report Abuse

Big Buy can come from Amanahraya(Pnb)( mini 100mil last round) to push up price

JJchan

7,182 posts

Posted by JJchan > 2019-04-23 10:10 | Report Abuse

If you pump-in 1.0bil cash into Velesto---do you really care what Office Boys( Bankers) said.

Woodswater

3,783 posts

Posted by Woodswater > 2019-04-23 10:21 | Report Abuse

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 )

JJchan

7,182 posts

Posted by JJchan > 2019-04-23 10:25 | Report Abuse

What is PNB average price for Velesto? 30cents, 60cents, or 1.50

JJchan

7,182 posts

Posted by JJchan > 2019-04-23 11:16 | Report Abuse

1 billion Cash pumped into Velesto is with Mahathir approval. Shahril (sap) got to kneel before
Mahathir before PNB reluctantly agreed

junetan20

525 posts

Posted by junetan20 > 2019-04-23 11:20 | Report Abuse

here novel writting?

Posted by nicholai1983 > 2019-04-23 11:50 | Report Abuse

Pnb been pressured by Tun to dispose all GLC share price at reasonable

answer: KWSP... u observe and see, Share dump by PNB will totally take up by KWSP

Woodswater

3,783 posts

Posted by Woodswater > 2019-04-23 12:11 | Report Abuse

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!

Posted by nicholai1983 > 2019-04-23 14:11 | Report Abuse

waiting ....... not so soon

Cxg888

131 posts

Posted by Cxg888 > 2019-04-23 14:44 | Report Abuse

No power up slep

JJchan

7,182 posts

Posted by JJchan > 2019-04-23 15:05 | Report Abuse

Today Closing guess??

IronShirt

3,178 posts

Posted by IronShirt > 2019-04-23 15:23 | Report Abuse

0.320

Myeye

1,373 posts

Posted by Myeye > 2019-04-23 15:29 | Report Abuse

~.~

ramjamdr

158 posts

Posted by ramjamdr > 2019-04-23 16:06 | Report Abuse

sell sell sell sell sell sell sell sell

IronShirt

3,178 posts

Posted by IronShirt > 2019-04-23 16:16 | Report Abuse

Tomolo limit-up 62 cents

Posted by bullstudent > 2019-04-23 16:17 | Report Abuse

Slow and steady eventually will reach crawl up.

Ron90

4,127 posts

Posted by Ron90 > 2019-04-23 16:19 | Report Abuse

got 4 contract worth USD 100m = RM 400 million pun price no up ker???

fl888

7,753 posts

Posted by fl888 > 2019-04-23 16:27 | Report Abuse

Last minute go to 32 good enough

turbochart

545 posts

Posted by turbochart > 2019-04-23 16:43 | Report Abuse

No 6 no sell!!!

Flyinghorse

3,722 posts

Posted by Flyinghorse > 2019-04-23 17:17 | Report Abuse

Good show. Closed at 0.315. Tomorrow will continue uptrend. Stay tuned

Ron90

4,127 posts

Posted by Ron90 > 2019-04-23 19:01 | Report Abuse

no more contract for this year....so can calculate how much profit in the coming qr until the end of this year.

Posted by HuatlaiOnglai > 2019-04-23 19:39 | Report Abuse

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.

Ron90

4,127 posts

Posted by Ron90 > 2019-04-23 20:44 | Report Abuse

I think Velesto got 7 rigs only la

calvintaneng

56,707 posts

Posted by calvintaneng > 2019-04-23 22:29 | Report Abuse

VELE VELE GOOODD!!

GO GO POWER RANGER!!

JJchan

7,182 posts

Posted by JJchan > 2019-04-24 07:45 | Report Abuse

There are also Rigs maintenance / Oil field repairs / Decommission(old rigs) Jobs (usually 3 years
contract)

JJchan

7,182 posts

Posted by JJchan > 2019-04-24 07:49 | Report Abuse

From last Data/contract rate calculated on Rig payment, Revenue cannot hit 190m/Quarter(91%)---Others revenue are equally large by comparsion

fl888

7,753 posts

Posted by fl888 > 2019-04-24 08:07 | Report Abuse

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..

whitesheep

393 posts

Posted by whitesheep > 2019-04-24 09:38 | Report Abuse

WTI USD 65++ Brent USD 74 ++ and going to rise further

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