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.

24,372 comment(s). Last comment by Macgyver111 15 minutes ago

haihai

178 posts

Posted by haihai > 2019-07-26 16:28 | Report Abuse

suddenly pickup after 4:20 pm .. sure up on Monday.

Posted by pepsicola1012 > 2019-07-26 16:33 | Report Abuse

all the big movement for this counter starts after 4pm onwards ,

Money122

982 posts

Posted by Money122 > 2019-07-26 18:40 | Report Abuse

Will up soon!!

CHLEONG888

924 posts

Posted by CHLEONG888 > 2019-07-26 19:54 | Report Abuse

Strong support at 0.315/0.32 over a week, believe it will shoot up like rocket one day, probably by second or third week of August 2019, even higher after releasing expecting good quarter result. Why EPF accumulating, suspect they have made known of the anticipate good quarter result

Posted by pepsicola1012 > 2019-07-29 13:52 | Report Abuse

today no big movement yet , wonder any big movement after 4pm or not

fosther

161 posts

Posted by fosther > 2019-07-29 14:45 | Report Abuse

KUALA LUMPUR (Jul 15): Finance Minister Lim Guan Eng said he may pay another visit to China, potentially Shenzhen again, to attract more investment into Malaysia.
Lim said although the US is the largest foreign investor in Malaysia and is expected to continue to increase, but the potential of China’s capital is increasing.
“China has its advantage, and the US has its advantage. These two countries are among the best in terms of foreign investment, and they are both very important,” he told local Chinese media Kwong Wah Daily in an interview last Saturday.
Lim said if he visits China again next month, his focus will be on investment, so one of the destinations would likely be Shenzhen, to attract high-tech, high-value Chinese major manufacturers to invest in Malaysia.
Lim also said after his first official visit to China earlier this month, both countries' governments are discussing the possibility of establishing an interactive channel for the stock exchanges of both countries.
Lim said he would discuss this further with Chinese authorities if his next visit to the country materialise.
"I hope we can yield some results in the near future," he said.
Lim said in addition to investment and business, both countries also hope to strengthen securities and stock exchanges areas.
After a visit to the Shenzhen Stock Exchange, Lim said they are studying whether it is possible to create a new platform that makes both capital and stock markets more competitive, and gain more access to financing.
Lim said this would require further works to be done, including formulation of the technological process and financing mechanism.
Lim hopes that after visiting China, he could accelerate the materialisation of this objective.
On the matter of potential raising of Panda bonds from banks in China, Lim said the Malaysian government is still considering it, as the government thinks that it deserves a lower interest rate.
Meanwhile, Lim said after visiting Huawei’s operation in Shenzhen and meeting its management, the technology giant pledged to strengthen its investment in Malaysia.
Lim also said representatives from Huawei will organise a visit to Malaysia as well, and he is scheduled to meet them to discuss more on the company’s potential implementation of 5G technology in Malaysia.
"They will come in a week or two. When I am in Penang, I will discuss with them," he said.

rhinos

421 posts

Posted by rhinos > 2019-07-29 15:45 | Report Abuse

Still 0.320

rhinos

421 posts

Posted by rhinos > 2019-07-29 16:05 | Report Abuse

Still mode selll

Posted by pepsicola1012 > 2019-07-29 17:12 | Report Abuse

Monday, 29 Jul 2019
5:10PM VELESTO EMPLOYEES PROVIDENT FUND BOARD (56,868,900 units Transacted)

the amount that EPF had in this counter .......

CHLEONG888

924 posts

Posted by CHLEONG888 > 2019-07-29 17:13 | Report Abuse

Strong support at 0.32.So, what do you see, flying high soon???

Posted by pepsicola1012 > 2019-07-29 17:22 | Report Abuse

i cant predict will fly high or crash low , but i see strong support even though bursa declined 5.27 points .

SinGor

4,938 posts

Posted by SinGor > 2019-07-29 17:29 | Report Abuse

24July....EPF sold 20mil then Buy back 20mil....Buy again 15mil....EPF really pump and Dump

CHLEONG888

924 posts

Posted by CHLEONG888 > 2019-07-31 15:13 | Report Abuse

Stagnant counter

Posted by pepsicola1012 > 2019-07-31 15:14 | Report Abuse

better then lao sai counter ....

Posted by Akukakijudi > 2019-08-01 11:19 | Report Abuse

Epf selling?

Posted by pepsicola1012 > 2019-08-01 16:31 | Report Abuse

strong support @ 0.315

ampabella

1,378 posts

Posted by ampabella > 2019-08-01 22:34 | Report Abuse

kanasai ler...sleeping for so long oreli

SuperPanda

11,431 posts

Posted by SuperPanda > 2019-08-02 08:59 | Report Abuse

pn17 perisai can win jack up rig contract, means velesto also can add very soon

SuperPanda

11,431 posts

Posted by SuperPanda > 2019-08-02 09:00 | Report Abuse

when retrace its time to accumulate again

SuperPanda

11,431 posts

Posted by SuperPanda > 2019-08-02 17:52 | Report Abuse

next week can get .295

Posted by Akukakijudi > 2019-08-05 09:03 | Report Abuse

Hope it goes down below 0.30

SuperPanda

11,431 posts

Posted by SuperPanda > 2019-08-05 11:58 | Report Abuse

i have said, and its true .295 now

Posted by Akukakijudi > 2019-08-05 12:01 | Report Abuse

Do you think it can go lower. Maybe 0.280?

Ron90

4,127 posts

Posted by Ron90 > 2019-08-05 12:02 | Report Abuse

every where die la at Bursa !!.. not just US-China trade war tension.. Mahathir war also create very big uncertainty !!.. in the next few months, there would be hell in this country.. if Mahathir still want to continue as PM.

SuperPanda

11,431 posts

Posted by SuperPanda > 2019-08-05 12:23 | Report Abuse

if break .29 tomorrow, then market still continue bad, if hve plenty of capital, stay aside first look for rebound signal

i predict this round dow will drop to below 26k pts, so still hve room for downside

SuperPanda

11,431 posts

Posted by SuperPanda > 2019-08-05 12:38 | Report Abuse

dato calvin long time no see.. dont suddenly out when market up then said i had mentioned this last year

Posted by Akukakijudi > 2019-08-05 16:07 | Report Abuse

Very strong support at 0.30

Dinasd123

201 posts

Posted by Dinasd123 > 2019-08-06 06:34 | Report Abuse

Velesto lower 0.16, I buy on 2015

Posted by Akukakijudi > 2019-08-06 06:39 | Report Abuse

No more support today. Bad to worse.

RotiChic01

177 posts

Posted by RotiChic01 > 2019-08-06 07:59 | Report Abuse

The weak yuan ignited fear on Wall Street that a currency war has begun or that the United States would respond with even higher tariffs, prolonging the standoff with China and potentially weakening the global economy. Investors are particularly concerned that the Trump administration could try to devalue the dollar, sparking a currency war that could weaken Americans' purchasing power.
"Risks of Trump intervening in foreign exchange markets have increased with China letting the yuan go," wrote Viraj Patel, FX and global macro strategist at Arkera, on Twitter. "If this was an all out currency war - the US would hands down lose. Beijing [is] far more advanced in playing the currency game [and has] bigger firepower."
President Donald Trump once again called China a currency manipulator on Monday, saying the yuan devaluation was a "major violation." Trump has long attacked China for its currency policy, even though the Treasury has refrained from officially labeling the country a currency manipulator.
China also announced Monday its companies have halted purchases of American agricultural goods. That helped to drive stocks even deeper into the red.

RotiChic01

177 posts

Posted by RotiChic01 > 2019-08-06 08:00 | Report Abuse

Yea... After today see whether it is strong support or not...

SuperPanda

11,431 posts

Posted by SuperPanda > 2019-08-06 10:26 | Report Abuse

stay strong with the support from EPF Affin Hwang

prince4

1,459 posts

Posted by prince4 > 2019-08-06 11:13 | Report Abuse

US-CHINA War Trade market uncertain, local and foreign funds money would not flow in big cap and mid cap stock .because everybody scare buy high losses money . In this few month expect Funds manager money would flow out in bigcap and midcap stocks and will short selling midcap stocks for make money so now no prospects cannot buy and hold .
Market money will flows in cheaper stock This is a opportunity in small cap cheaper stocks. sharks now start goreng lows price stock at bottom..

SuperPanda

11,431 posts

Posted by SuperPanda > 2019-08-06 21:14 | Report Abuse

just wait new contract win in 2H this yr, mgmt said tender been submitted, should hve good news soon

SuperPanda

11,431 posts

Posted by SuperPanda > 2019-08-06 21:15 | Report Abuse

.30 and below should accumulate

Will76

591 posts

Posted by Will76 > 2019-08-07 00:21 | Report Abuse

Breaking News from Bloomberg

"Brent oil slid below $60 a barrel for a second day as investors weighed the prospects of a prolonged standoff between the U.S. and China, following the Trump administration’s labeling of the Asian nation as a currency manipulator."

"Brent crude prices are down about 8% this month as global economic worries eclipse the rising threat of supply disruptions in the Middle East."

MOVING FORWARD, WE ARE LOOKING AT LIKELY FULL BLOWN TRADE WAR COMBINE WITH CURRENCY WAR BETWEEN USA & CHINA! OIL PRICE WILL LIKELY CONTINUE TO PLUNGE FURTHER!

Will76

591 posts

Posted by Will76 > 2019-08-07 10:22 | Report Abuse

Breaking News from CNBC

"Brent crude futures were at $58.70 a barrel by 0039 GMT, down 24 cents, or 0.41%, from their previous settlement and trading near seven-month lows."

Daily8

3,858 posts

Posted by Daily8 > 2019-08-08 20:17 | Report Abuse

vesto kind of losses is the one can see in Barakah , except no default of payment yet.

CHLEONG888

924 posts

Posted by CHLEONG888 > 2019-08-09 07:58 | Report Abuse

Potentially of profit this coming quarter result?

Sales

3,272 posts

Posted by Sales > 2019-08-09 15:21 | Report Abuse

Most of the oil co. Go up, accept this one. Very boring????

rugktl

24 posts

Posted by rugktl > 2019-08-09 16:17 | Report Abuse

Coming!

Posted by bullstudent > 2019-08-09 16:29 | Report Abuse

50 cents

kasrim

2,493 posts

Posted by kasrim > 2019-08-09 16:37 | Report Abuse

buyer coming

SuperPanda

11,431 posts

Posted by SuperPanda > 2019-08-09 19:19 | Report Abuse

those whom late trade velesto must know thats corporate exercise been done on debt matter when still under name umw o&g

SuperPanda

11,431 posts

Posted by SuperPanda > 2019-08-09 21:17 | Report Abuse

what do you understand when i said corporate exercise on debt matter? referring to daily8 comment on debt default

freddiehero

16,722 posts

Posted by freddiehero > 2019-08-09 21:23 | Report Abuse

wei.. uptrend

freddiehero

16,722 posts

Posted by freddiehero > 2019-08-09 21:23 | Report Abuse

start accu

freddiehero

16,722 posts

Posted by freddiehero > 2019-08-09 21:23 | Report Abuse

future tp0.60

bovunbursa

179 posts

Posted by bovunbursa > 2019-08-10 21:56 | Report Abuse

Tp rm1

Sales

3,272 posts

Posted by Sales > 2019-08-11 19:13 | Report Abuse

Tp above 0.50, then only can go higher .

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