june..Paktua already in at 0.39,today also eat at 0.39.. we come here to be a fighter.. we come..we in..we set..we hunt.. we're real stock fighters.. never scared fight.. but.. with our own styles..
Will there be an impairment loss for this coming 3Q? Careful now folks as investors are still bearish on velesto even after announcing new job secured.
Velesto - Have patience in Velesto No hurry, as velesto has lots and lots of projects on hand..
THis is a good time to collect more Velesto at 0.385, is real cheap.. Once Velesto cross the marking of 0.5, there will be no more return to this cheap bargain price
Big funds try to make the most from this uptrend via active exchange of share among them to show good return in year end report. I am happily buy and hold from .31, .34, .38
I'm also the writer of MLAB,AT.Today I say buy Anzo.At least rm 5000k .Please read before below then buy Anzo.
Posted by Michael Kwok > Mar 29, 2019 11:59 PM | Report Abuse X
Never set target too far.Every big run,begin with smaller run.Me set worst case scenario first for AT(0072).Yup I set the same target of 10-13 cent as worst case scenario for MLAB(0085) 17/11/2019 1:28 PM
Velesto Energy has received a Letter of Award from Carigali Hess, for the Provision of a Jack Up Drilling Rig for their 2020 drilling programme. Velesto has assigned Naga 8 for the job. The contract value for the firm period of 3 years amounts to USD131m with an extension of c.18 months. Work is expected to commence by 2H20. Post earnings revision and the new benchmark in day rates, we are upgrading our call to a BUY (from Hold) with a higher TP of RM0.46 based on 1.3x FY20 P/B multiple or +1SD above its 5 year mean P/B (from 0.9x FY19 P/B). Velesto remains an excellent proxy to recovering of oil prices and an uptick in upstream exploration and production activities.
Earnings visibility. We are positive on the contract secured as it cements Velesto’s rig utilisation and earnings visibility for FY20 onwards. Note that Velesto has achieved 70% rig utilisation in 1H19 and is targeting to hit 80% this year. We expect FY20 should better than FY19’s utilisation rates due to less incidences of SPS activity in FY20 (which takes c. 6 weeks per rig). This award essentially sets in motion the first of the major rig renewal contracts for Velesto. Note that Naga 4 & Naga 7 will come up for renewal throughout 2020. NAGA 8 is a premium independent-leg cantilever jack-up rig that has a drilling depth capability of 30,000 feet and has a rated operating water depth of 400 feet.
NEWSBREAK Velesto Energy has received a Letter of Award from Carigali Hess Operating Company, for the provision of a jack up drilling rig for its 2020 drilling Programme. Velesto will assign Naga 8 for the job. The contract value for the firm period of 3 years and amounts to USD131m with an extension of c.18 months. Work is expected to commence by 2H20.
Velesto is expected to commence work for Carigali Hess Operating Company by 2020. Always remember that we are buying now, Velesto at 0.395, so that when news out by 2020, Velesto price will surge/go up very very high.
Buy on dip, and take profit on news. That's why Velesto 15Million Volume as of now Always remember, when people sell, there must be people buying. Investors has been busy collecting Velesto these few days, at 0.385/ 0.395.
Very soon Velesto will cross the 0.4 marking. Velesto near TP 0.48, next TP 0.56
Mabel : Velesto I agree with you, to Fifties with love. Lets grow old gracefully, and gallantly. Very much welcome Sixties for Velesto , if you dont mind.
Mabel "It will come..." Now O&G Investors are focusing on Alam and KNM" 21/11/2019 9:59 AM
Velesto : We need to wait patiently, and Velesto will soon cross forties... If Velesto dip more, we just dip more into our reserve, and buy more Velesto. That is the way to more riches.... To secure a better future for us all.
Sales : Thanks, Sales, Lets watch out for each other, and help each other along our way to riches.
Armarda Qtr result just out today ... and Armada result is good, profit increase.
Velesto result will be out soon, and Velesto result also expected to be good. Velesto has dip a lot in these few days, once Velesto result increasing good news, Velesto will go up another new high.
Have faith in Velesto, everyone. All Velestorian, we will all buy on dip, and keep on increasing our stakeholding in Velesto.
Armada reach 50, Velesto will soon reach 40, and 50 too. Cheers Velesto. Velesto near TP 0.48, next TP 0.56
Mostly all Fossils fuel counters took a beating this week.
Luckily all my Bio Fuels counters, FGV, Sime Darby Plantation, Sarawak Plantation and Trengganu Development Malaysia rally this week. They gave me more ammunition to load up this temporary dips.
Right now Bio Fuel has taken P2 positions overtaking Fossils Fuel which is now in P3. Technology counter is still my most performing counters siting steadily on P1..
It's really like an F1 races between Mercedes Benz, Ferrari and Red Bulls..
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....
paktua73
18,357 posts
Posted by paktua73 > 2019-11-18 12:37 | Report Abuse
june..Paktua already in at 0.39,today also eat at 0.39..
we come here to be a fighter..
we come..we in..we set..we hunt..
we're real stock fighters..
never scared fight..
but..
with our own styles..
https://youtu.be/qFXFkJbVl-Ih
we are red stock troopers..
dare to fight or die try
tut tut
troopers stand fight