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 - 0.19

Trading Volume

14,445,600


29 people like this.

24,334 comment(s). Last comment by blacksmith 1 hour ago

Posted by Armada An Quantum Leap Stock In 2019/2020 > 2020-05-21 08:48 | Report Abuse

I want to buy at 0.180

Allantanks

684 posts

Posted by Allantanks > 2020-05-21 08:50 | Report Abuse

ready...

Pcmont123

296 posts

Posted by Pcmont123 > 2020-05-21 08:51 | Report Abuse

Gap down to 0.05

williamtkb

3,216 posts

Posted by williamtkb > 2020-05-21 08:53 | Report Abuse

Opening at least 18cents.... Slow and steady. Those want to take profit only KFC.

Posted by matkewangan > 2020-05-21 09:07 | Report Abuse

this counter is so heavy. Shark dont want to keep it flying. Come on Flyyyy

KLou88

132 posts

Posted by KLou88 > 2020-05-21 09:12 | Report Abuse

Brend oil is above 36 now

williamtkb

3,216 posts

Posted by williamtkb > 2020-05-21 09:19 | Report Abuse

They give chance to those only want KFC to sell first. They block @18 sell queue

Posted by armadatuah2017 > 2020-05-21 09:20 | Report Abuse

Break 200MA = 0.27 baru boleh stay uptrends all the way... now only kecik kecik...small sharks cant makan much...cheap tickets also collected by ikan bilis.

gibsontan

68 posts

Posted by gibsontan > 2020-05-21 09:20 | Report Abuse

i wanted to fast in fast out also cant

gibsontan

68 posts

Posted by gibsontan > 2020-05-21 09:20 | Report Abuse

lagging

Posted by armadatuah2017 > 2020-05-21 09:20 | Report Abuse

they want 0.170......look at yesterday....many already sold (bought at 0.130 and even 0.140)..

Jacky88

139 posts

Posted by Jacky88 > 2020-05-21 09:26 | Report Abuse

Adding more entries

Allantanks

684 posts

Posted by Allantanks > 2020-05-21 09:30 | Report Abuse

666 people qsell at. 18

williamtkb

3,216 posts

Posted by williamtkb > 2020-05-21 09:31 | Report Abuse

I parking sell queue @20cents.... Let sharks trading up/down first. Who knows afternoon might have shows

TuhanSaham

106 posts

Posted by TuhanSaham > 2020-05-21 09:32 | Report Abuse

AmInvest's TP is RM0.09?

Posted by matkewangan > 2020-05-21 09:33 | Report Abuse

Woww, sell call by AmInvest

Jacky88

139 posts

Posted by Jacky88 > 2020-05-21 09:36 | Report Abuse

Today will break 0.18 cents hang on

williamtkb

3,216 posts

Posted by williamtkb > 2020-05-21 09:46 | Report Abuse

Sharks keep eating up @175. They don't want us to get @17. But want you to buy @18

rizal_de

503 posts

Posted by rizal_de > 2020-05-21 09:49 | Report Abuse

don't waste your time . Switch to healthcare better

MoneyHeist

614 posts

Posted by MoneyHeist > 2020-05-21 09:50 | Report Abuse

Mind sharing what is the term sharks and ikan bilis? Just want to double sure. Lol

nicholas99

9,914 posts

Posted by nicholas99 > 2020-05-21 09:50 | Report Abuse

Saudi oil company share price also recover already.. https://oilprice.com/Latest-Energy-News/World-News/Saudi-Aramco-Shares-Recover-To-Level-Before-Oil-Crash.html

Posted by armadatuah2017 > 2020-05-21 09:57 | Report Abuse

so many sellers at 0.175.....nothing bought at 0.180... all reports are downgrading Velesto now....selling hardcore....now going to 0.170.....lets see any buying at 0.175

Posted by armadatuah2017 > 2020-05-21 09:58 | Report Abuse

see la..0.175 in on the buying now...

Posted by Cash_Is_King > 2020-05-21 09:59 | Report Abuse

Dont worry, once shark collect enough shares, they will let go and let the price up..just be patient =)

Posted by Armada An Quantum Leap Stock In 2019/2020 > 2020-05-21 10:01 | Report Abuse

Armada tuah !
Can bring tuah to velesto

Dont worry for the short term,
I am going to aim higher high for velesto.

Posted by armadatuah2017 > 2020-05-21 10:02 | Report Abuse

sitting on good profit now for Velesto. Armada third round is at loss...but reviving..

Silent75

94 posts

Posted by Silent75 > 2020-05-21 10:03 | Report Abuse

No response to qr results.... Lol

Posted by Armada An Quantum Leap Stock In 2019/2020 > 2020-05-21 10:03 | Report Abuse

Lets ching in here again
After 3 months .

germaice

133 posts

Posted by germaice > 2020-05-21 10:03 | Report Abuse

New normal this sector healthcare,Internet based e-commerce , API mobile marketplace ,delivery services and video conference beneficiary from covid19

germaice

133 posts

Posted by germaice > 2020-05-21 10:05 | Report Abuse

in covid worst sector demand drop like commodities crude oil,oil palm,property,banking loan and tourism

Posted by EdenOfSaudi > 2020-05-21 10:13 | Report Abuse

What’s wrong with all these TP from banks all TP less than 0.18
Am bank’s TP 0.09 ? Ambank Marr .. deng deng deng

Posted by armadatuah2017 > 2020-05-21 10:14 | Report Abuse

keep selling la at 0.175.....they will collect your tickets..im not interested.. below 0.140 ill collect..

Elmerbaby

67 posts

Posted by Elmerbaby > 2020-05-21 10:15 | Report Abuse

is aminvest for real? lol

williamtkb

3,216 posts

Posted by williamtkb > 2020-05-21 10:30 | Report Abuse

sharks don't want to buy already. Later all queue @17 might get sales.

howhl88

35 posts

Posted by howhl88 > 2020-05-21 10:32 | Report Abuse

these banks never give the right calls one...TP 0.09?
tak boleh pakai one

VenFx

587 posts

Posted by VenFx > 2020-05-21 10:35 | Report Abuse

Armada tuah, i remember your cost is RM1.30, what is yr TP to ching bro

Posted by Zachdragon > 2020-05-21 10:36 | Report Abuse

Any idea how to read this?

9.970m 586510 0.170 0.175 227205 3.976m
8.161m 494622 0.165 0.180 560870 10.095m
5.525m 345364 0.160 0.185 494250 9.143m

NewbiesJC

77 posts

Posted by NewbiesJC > 2020-05-21 10:48 | Report Abuse

Why IB tp so low today? Worst than a loss making o&g co

Allantanks

684 posts

Posted by Allantanks > 2020-05-21 10:48 | Report Abuse

this counter lose power d. Sell better.

nicholas99

9,914 posts

Posted by nicholas99 > 2020-05-21 11:07 | Report Abuse

36.12 +0.37

williamtkb

3,216 posts

Posted by williamtkb > 2020-05-21 11:14 | Report Abuse

KNM and Armada start moving up. Velesto stay still. Haha.... Be patient.... 40cents take some time.... Everyday up half cent also good

char1234

5,299 posts

Posted by char1234 > 2020-05-21 11:25 | Report Abuse

get the warrant what's its fair price ??

Posted by Crystal88 > 2020-05-21 11:26 | Report Abuse

Velesto Energy $VELESTO / 5243 (VELESTO ENERGY BERHAD)
Research by AffinHwang
SELL (downgrade); Target Price: RM0.15

"Strong headline, but uncertain 2H risk lies"

Velesto Energy’s (Velesto) 1Q20 result missed our and consensus expectations. While there was a sharp jump in earnings, we believe this was partly due to some one-offs, one of which being inventory write-back. Risk lies with 4 out of 7 rigs due for renewal (Naga 2, 3 and 5 in May-20 and Naga 6 in August-20) from Petronas Carigali.
Management did not provide a clear timeline on contract renewals;however, the base renewal rates are likely to be similar to current firm
contracts. We cut our earnings to factor in weaker utilisation anddaily charter rates (DCR). Downgrade to Sell on the uncertain outlook,
despite raising our target price to RM0.15 after rolling forward valuation

Posted by armadatuah2017 > 2020-05-21 11:27 | Report Abuse

@venfx are you stupid or what...i never bought Velesto before...you just randomly spam forums huh.....

Posted by armadatuah2017 > 2020-05-21 11:30 | Report Abuse

btw, my tp is 0.30 to the RI price..a repeated second goreng cycle....

char1234

5,299 posts

Posted by char1234 > 2020-05-21 11:30 | Report Abuse

good result and increased oil price also no movement...

char1234

5,299 posts

Posted by char1234 > 2020-05-21 11:31 | Report Abuse

buy before it flies in the afternoon

Posted by investpeople > 2020-05-21 11:40 | Report Abuse

If not mistaken, 60% Velesto shares owned by PNB. Do you think Petronas dont want to renew the rig contract ? Can Petronas say NO to PNB? Anyway, by end of this year, Malaysia Brent sweet oil will be around US$45-50. Petronas got money already by that time

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