VELESTO ENERGY BERHAD

KLSE (MYR): VELESTO (5243)

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Last Price

0.18

Today's Change

-0.005 (2.70%)

Day's Change

0.18 - 0.185

Trading Volume

630,500


29 people like this.

24,339 comment(s). Last comment by Macgyver111 29 minutes ago

Daily8

3,858 posts

Posted by Daily8 > 2019-11-25 22:55 | Report Abuse

still 38.............

Stanley8

203 posts

Posted by Stanley8 > 2019-11-25 23:30 | Report Abuse

Amanah Trustees buying 70 millions shares. Fly to moon get ready

Posted by Isaac Chow > 2019-11-26 00:07 | Report Abuse

Lot of oil & gas sector rebound and new high qr, I believe velestro will gv very good qr result too

SinGor

4,931 posts

Posted by SinGor > 2019-11-26 00:22 | Report Abuse

https://www.malaysiakini.com/news/501224

Velesto has avoided PNB selling ( I think Armada is not so lucky )

Lewis Lee

1,695 posts

Posted by Lewis Lee > 2019-11-26 10:26 | Report Abuse

after 3rd Q result released, most analysts surely will up the TP to 50 ++, the price will rise up to at least 50 by end 2019 !!

Posted by Smartinvestor2030 > 2019-11-26 10:41 | Report Abuse

Velesto seems expensive. Better swich to this cheapest O&G stock in town. https://klse.i3investor.com/blogs/thebesttips/239970.jsp

DoomStock

349 posts

Posted by DoomStock > 2019-11-26 20:42 | Report Abuse

3Q19 lower profit largely due to impairment losses of property, plant and equipment? Hmmmmm..careful now, folks!

Mabel

24,281 posts

Posted by Mabel > 2019-11-26 23:29 | Report Abuse

Q319 is still not out lah...

Mabel

24,281 posts

Posted by Mabel > 2019-11-26 23:31 | Report Abuse

@SinGor https://www.malaysiakini.com/news/501224

Velesto has avoided PNB selling ( I think Armada is not so lucky )
26/11/2019 12:22 AM

Armada is back on track...heading to 60...

Next is Velesto..

500Bilis

366 posts

Posted by 500Bilis > 2019-11-27 07:28 | Report Abuse

Good QR results anything possible, we fight this week above 40 first...

al8800

407 posts

Posted by al8800 > 2019-11-27 10:42 | Report Abuse

today start to inching up slowly ......

Mabel

24,281 posts

Posted by Mabel > 2019-11-27 11:25 | Report Abuse

Inching up slowly is always good...

Just enjoy the ride....it's looking good ...

Posted by 1151204499 > 2019-11-27 11:31 | Report Abuse

When the report will come out??

Posted by 1151204499 > 2019-11-27 11:33 | Report Abuse

Waiting for the report, then can fly already. The Armada start fly

Mabel

24,281 posts

Posted by Mabel > 2019-11-27 11:38 | Report Abuse

I'm waiting eagerly too

lsmpro888

253 posts

Posted by lsmpro888 > 2019-11-27 13:53 | Report Abuse

This Velesto report not out yet ? Neck also long d .

roslaom

502 posts

Posted by roslaom > 2019-11-27 14:18 | Report Abuse

Mesti untunglah Q3. Q4 also rigs on hire.

Ex7121

221 posts

Posted by Ex7121 > 2019-11-27 15:27 | Report Abuse

If big boys don't push, there is no way it will go up. We are at their mercy

Posted by positiontrader > 2019-11-27 16:14 | Report Abuse

3QR still not out. Getting very concern. Could be not a good report.
Better take some money off the table and wait at the side line

maggiemee

2,101 posts

Posted by maggiemee > 2019-11-27 16:26 | Report Abuse

still can go all sifu?

lee_m2020

4,829 posts

Posted by lee_m2020 > 2019-11-27 16:29 | Report Abuse

lucky velesto got PNB backing, all other counters mostly bloodbath..

maggiemee

2,101 posts

Posted by maggiemee > 2019-11-27 16:33 | Report Abuse

very good comment. long term invest

yoyo

499 posts

Posted by yoyo > 2019-11-27 16:55 | Report Abuse

my feeling is 3QR would be a real good one.

Ah Lyn

49 posts

Posted by Ah Lyn > 2019-11-27 17:52 | Report Abuse

Better that the last quarter report

Rowie

471 posts

Posted by Rowie > 2019-11-27 19:04 | Report Abuse

4th qtr report will be a real good one
Reason...... rig utilisation 80-90%
Yes results should be better than previous qtr
My view is profit will be between 20-35m
Hope got upward surprise.

500Bilis

366 posts

Posted by 500Bilis > 2019-11-27 22:41 | Report Abuse

Keep our fingers crossed for good QR results...fight on like KNM!

MingGoon

1,774 posts

Posted by MingGoon > 2019-11-28 05:56 | Report Abuse

Mabel @SinGor https://www.malaysiakini.com/news/501224

Velesto has avoided PNB selling ( I think Armada is not so lucky )
26/11/2019 12:22 AM

Armada is back on track...heading to 60...

Next is Velesto..
26/11/2019 11:31 PM


yoyo my feeling is 3QR would be a real good one.
27/11/2019 4:55 PM

Rowie 4th qtr report will be a real good one
Reason...... rig utilisation 80-90%
Yes results should be better than previous qtr
My view is profit will be between 20-35m
Hope got upward surprise.
27/11/2019 7:04 PM


All the great sifus above, all have good opinion on Velesto. PNB too has good opinion and full confidence on Velesto, that why PNB is one of the major shareholder of Velesto, and still keeping Velesto.

Nov Qtr result soon to be release for Velesto, are expected to show good result, that why investors are keep on buying into Velesto.

Will be adding more Velesto this morning.

DoomStock

349 posts

Posted by DoomStock > 2019-11-28 14:03 | Report Abuse

Will the impairment losses on property, plant and equipment be the reasons dragging down velesto from making a good results? Hmmmmm..careful now, folks!

swchin2

12 posts

Posted by swchin2 > 2019-11-28 14:26 | Report Abuse

This coming quarter report by today and tomorrow will sure better than last quarter..

DoomStock

349 posts

Posted by DoomStock > 2019-11-28 14:27 | Report Abuse

Just like FGV result: attributed the loss for the quarter to impairments amounting to RM304 million...so those investing in Velesto, careful nowwwww..hmmmm

Posted by deankueh > 2019-11-28 18:40 | Report Abuse

Fuark that’s one good QR

JJchan

7,182 posts

Posted by JJchan > 2019-11-28 18:40 | Report Abuse

very glad with 3Q results

JJchan

7,182 posts

Posted by JJchan > 2019-11-28 18:44 | Report Abuse

Operating profit 54mil is ready very good ( 33mil net profit----2 Good Bottles of whiskey )

bovunbursa

179 posts

Posted by bovunbursa > 2019-11-28 18:48 | Report Abuse

Congrats for those holding. Rewards is coming

Posted by Isaac Chow > 2019-11-28 18:49 | Report Abuse

Very good qr result, hopefully tomorrow share price can move

Rowie

471 posts

Posted by Rowie > 2019-11-28 19:12 | Report Abuse

Jack pot........came out at RM 35m.........my top end estimate

Rowie

471 posts

Posted by Rowie > 2019-11-28 19:17 | Report Abuse

For the full year definitely will be in profit

mkmike

220 posts

Posted by mkmike > 2019-11-28 19:31 | Report Abuse

Hope it won't drop like Carimin or Penergy.

CHLEONG888

924 posts

Posted by CHLEONG888 > 2019-11-28 19:33 | Report Abuse

Wow, tomorrow perhaps will surge at least 15%, if so hope will sustain longer, not few days show

sheep

3,851 posts

Posted by sheep > 2019-11-28 19:57 | Report Abuse

wont be selling, if dip, add more with confidence...wakakakaka

7skies

375 posts

Posted by 7skies > 2019-11-28 20:34 | Report Abuse

woahh 2 consecutive QR increasing revenue & profit!!! Nicee.. apa tunggu lagi? Buy Buy Buy!! uncle kyy whr u ..joining da party izzit ?!?

IronShirt

3,178 posts

Posted by IronShirt > 2019-11-28 20:51 | Report Abuse

Hello, hello Boom, boom waiting for you at 50cents

yingkang87

445 posts

Posted by yingkang87 > 2019-11-28 20:54 | Report Abuse

Wau!!! Good result!!

IronShirt

3,178 posts

Posted by IronShirt > 2019-11-28 20:55 | Report Abuse

armada & kmn run is over for this Qr.......velesto in 1st gear now. Everything you need for CNY2020
is in Velsto angpao

lee_m2020

4,829 posts

Posted by lee_m2020 > 2019-11-28 21:08 | Report Abuse

superb VELESTO... tomorrow fly...

Chong96

51 posts

Posted by Chong96 > 2019-11-28 21:10 | Report Abuse

Very nice result!!! All Huat together!!!

Posted by runroadtokl > 2019-11-28 21:15 | Report Abuse

very good
tomorrow gap up

500Bilis

366 posts

Posted by 500Bilis > 2019-11-28 21:24 | Report Abuse

KNM good QR but next day down. Lets us embrace each other should there be any turbulence tmr... cheers!

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