VELESTO ENERGY BERHAD

KLSE (MYR): VELESTO (5243)

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Last Price

0.165

Today's Change

-0.02 (10.81%)

Day's Change

0.145 - 0.19

Trading Volume

193,273,000


29 people like this.

24,361 comment(s). Last comment by Macgyver111 24 minutes ago

freddiehero

16,722 posts

Posted by freddiehero > 2019-10-23 13:26 | Report Abuse

haha all huat huat..

SinGor

4,933 posts

Posted by SinGor > 2019-10-23 14:42 | Report Abuse

Epf wants Velesto to match Armada. Velesto balance sheet is far superior than Armada. How can
epf let velesto stay behind

Nepo

3,432 posts

Posted by Nepo > 2019-10-23 14:52 | Report Abuse

Buy in signal

Posted by wklee3880 > 2019-10-23 14:56 | Report Abuse

Any news?

Posted by miaomiao79 > 2019-10-23 15:04 | Report Abuse

keep on guys ....

VFTRADER

788 posts

Posted by VFTRADER > 2019-10-23 15:56 | Report Abuse

including tomorrow most likely only 1.5day show.
funds always clear position in month end.....

leeling

101 posts

Posted by leeling > 2019-10-23 16:00 | Report Abuse

morning boat tomorrow hope continue up...

Posted by Smartinvestor2030 > 2019-10-23 17:03 |

Post removed.Why?

Sales

3,272 posts

Posted by Sales > 2019-10-23 17:27 | Report Abuse

Hi woodswater! Let's huat!!!

SinGor

4,933 posts

Posted by SinGor > 2019-10-23 17:36 | Report Abuse

might see 0.37 on Friday. Only 2 Epf controls stock fly today and most likely Rally all the way till 31 Dec 2019

Posted by Michaelangelo > 2019-10-23 17:44 | Report Abuse

It appears she has U-turn to uptrend. It is really a steal at this current price of 0.355 consider her peak was trading @4.52 high 5 years ago. Many insiders were acquired her shares in big wave. If it can go up by 2 times of its peak price, many will be laughing to the bank.

SinGor

4,933 posts

Posted by SinGor > 2019-10-23 17:52 | Report Abuse

you mean 2 X 0.355.....0.71

Nepo

3,432 posts

Posted by Nepo > 2019-10-23 18:00 | Report Abuse

Need to factor in right issue, so the highest is NOT Rm 4.50

Posted by calvincheebursa > 2019-10-23 18:13 | Report Abuse

Amanah Raya and EPF keep buying ......as reported in Bursa a while ago

SinGor

4,933 posts

Posted by SinGor > 2019-10-23 18:23 | Report Abuse

all those big lot (buy/sell) by amanah + Yayasan + PNB are direct transfer....didn't throw in open
market.....only EPF buy/sell affect Daily Trading.

i3Value

612 posts

Posted by i3Value > 2019-10-23 18:27 | Report Abuse

ASB bought 50m shares. Wowi!

JJchan

7,182 posts

Posted by JJchan > 2019-10-23 18:31 | Report Abuse

If today 109mil Buyers hold-on to their shares tomolo-----0.370 is possible (don't have to wait until
Fri) But Fri is always a No-Brain Day----anything can happen----Operator must be Strong

James Ng

2,706 posts

Posted by James Ng > 2019-10-23 21:18 | Report Abuse

https://klse.i3investor.com/blogs/general/231743.jsp
[转贴] [Facebook live video:浅谈Velesto energy berhad (Velesto)] - James的股票投资James Share Investing

CHLEONG888

924 posts

Posted by CHLEONG888 > 2019-10-23 22:04 | Report Abuse

Accumulate

Posted by Ling Hua Kang > 2019-10-24 06:49 | Report Abuse

Hopefully it can play catch up with armada

Posted by Tian Sen Tester > 2019-10-24 08:04 | Report Abuse

Amanahraya sold 50 mil unit at an average of 33 cents at 18/10 but now buy back 50 mil unit at an average of 35 cent at 23/10. Certainly the kny know something that we don't

Plantermen

2,242 posts

Posted by Plantermen > 2019-10-24 08:13 | Report Abuse

Possibility of good qtr result [ leasing of all niaga rigs} plus coming EGM

lextcs

1,961 posts

Posted by lextcs > 2019-10-24 08:29 | Report Abuse

40c

Posted by Ling Hua Kang > 2019-10-24 11:20 | Report Abuse

No follow through today

Posted by Smartinvestor2030 > 2019-10-24 12:49 |

Post removed.Why?

IronShirt

3,178 posts

Posted by IronShirt > 2019-10-24 12:50 | Report Abuse

looks like can do 55mil Volume today. Then tomorrow selling pressure will drop

JJchan

7,182 posts

Posted by JJchan > 2019-10-24 13:57 | Report Abuse

today maybe another try at 0.360 just to show BB meant Biz----3:30/4:00pm

Mabel

24,281 posts

Posted by Mabel > 2019-10-24 14:30 | Report Abuse

Are we there yet?

KEYBOARD

267 posts

Posted by KEYBOARD > 2019-10-24 16:25 | Report Abuse

zzzzzz

kingb

519 posts

Posted by kingb > 2019-10-24 16:38 | Report Abuse

Love to have 1 day show once in a while.

Macrullen

352 posts

Posted by Macrullen > 2019-10-24 17:10 | Report Abuse

Lol, knm n armada worth 40c. Why Velesto still 30c, alamak

CHLEONG888

924 posts

Posted by CHLEONG888 > 2019-10-24 18:07 | Report Abuse

It is 30c for us to buy more for big profit

JJchan

7,182 posts

Posted by JJchan > 2019-10-24 21:10 | Report Abuse

https://www.malaysiakini.com/news/497244

Read between the Lines. Why PNB lost 6.3Bil?-----Bcos they "cannot Goreng" their Bursa Stocks due to PH taking over from BN----Now they start to Goreng Velesto, we are in for RM1.0 in 2020

CHLEONG888

924 posts

Posted by CHLEONG888 > 2019-10-24 21:57 | Report Abuse

Hope so

Plantermen

2,242 posts

Posted by Plantermen > 2019-10-25 09:06 | Report Abuse

Aminvest trading price target 37 - 39.

Huat1

2,509 posts

Posted by Huat1 > 2019-10-25 09:12 | Report Abuse

Buy on dips

kingb

519 posts

Posted by kingb > 2019-10-25 09:17 | Report Abuse

Interesting. Back to previous d.

Mabel

24,281 posts

Posted by Mabel > 2019-10-25 10:05 | Report Abuse

@Macrullen Lol, knm n armada worth 40c. Why Velesto still 30c, alamak

It's coming......

mk00001

84 posts

Posted by mk00001 > 2019-10-25 10:07 | Report Abuse

Velesto Energy Bhd is aiming for a turnaround by the end of this year based on its projection of better utilisation rate from the recovery in the oil and gas industry, said president and executive director Rohaizad Darus.

Velesto narrowed its losses from RM1.18 billion for the year ended 31 December 2016 to RM20.44 million for the year ended 31 December 2018.

Macrullen

352 posts

Posted by Macrullen > 2019-10-25 11:19 | Report Abuse

Check b before armada flying, EPF slowing accumulate b the shares. Same thing happen to Velesto. Once operators n bankers collected enough tickets, counter will be true rally

Surewind

292 posts

Posted by Surewind > 2019-10-25 11:26 | Report Abuse

Just waiting for a few workover units contract announcement for Velesto to fly and unleash its real potential.

SinGor

4,933 posts

Posted by SinGor > 2019-10-25 13:30 | Report Abuse

everybody will be very happy if closed 0.37 today.....4PM Sapu-man might appear and give us a
surprise

RMSB

258 posts

Posted by RMSB > 2019-10-25 13:34 | Report Abuse

This is up trending. Sure can fly

Posted by newcentury9 > 2019-10-25 14:40 | Report Abuse

tp. 37/.40

Macrullen

352 posts

Posted by Macrullen > 2019-10-25 15:34 | Report Abuse

When Velesto volume higher than armada sapura and knm, u know what does it mean

SinGor

4,933 posts

Posted by SinGor > 2019-10-25 15:38 | Report Abuse

armada and knm already completed a marathon.....guarantee taking a break. Velesto just started
yesterday.

Money122

982 posts

Posted by Money122 > 2019-10-25 16:00 | Report Abuse

Buy before it fly!!

Posted by smallfishyu > 2019-10-25 16:42 | Report Abuse

VELESTO Energy Bhd’s latest drilling contract is expected to help the company achieve its 80% utilisation target while providing earnings visibility for the year.

The upstream oil and gas drilling service provider secured a US$8 million (RM33.5 million) contract from Petronas Carigali Sdn Bhd via its indirect wholly owned unit, Velesto Drilling Sdn Bhd.

Expected to commence in the third quarter of this year (3Q19), the contract is to drill two firm wells whereby the group will assign its Naga 7 drilling rig for the works.

Macrullen

352 posts

Posted by Macrullen > 2019-10-25 16:55 | Report Abuse

Yup, they improved the utilisation from last year 60% to 80 %. That’s big improvement

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