VELESTO ENERGY BERHAD

KLSE (MYR): VELESTO (5243)

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Last Price

0.185

Today's Change

0.00 (0.00%)

Day's Change

0.18 - 0.185

Trading Volume

3,238,200


29 people like this.

24,333 comment(s). Last comment by EAGLE 1 hour ago

icepumpkin

818 posts

Posted by icepumpkin > 2020-06-03 15:20 | Report Abuse

velesto price was 30c and drop to 17.5c. knm price was already matching the price before oil drop. so yeah i hope i made right decision.

CUTLOST

5,178 posts

Posted by CUTLOST > 2020-06-03 15:40 | Report Abuse

Sold morning 18cts..bought last week 16cts

icepumpkin

818 posts

Posted by icepumpkin > 2020-06-03 15:40 | Report Abuse

i listen to gnath77 hehe.

Posted by giinyang520 > 2020-06-03 15:43 | Report Abuse

The true value of velesto is beyond RM 0.40 cents my friend. Dont settle down for short gain my friends

Posted by Ahmad Hidayat > 2020-06-03 15:49 | Report Abuse

sold. secure profit first. too much drama and speculator. better buy sumatec. lol

JoshuaMS7

4,309 posts

Posted by JoshuaMS7 > 2020-06-03 16:17 | Report Abuse

Today close 0.170, tomorrow start from 0.165, waiting 09155*yahoo!!

icepumpkin

818 posts

Posted by icepumpkin > 2020-06-03 16:20 | Report Abuse

dnt be like that. tomorrow 0.165 buy again. haha

JoshuaMS7

4,309 posts

Posted by JoshuaMS7 > 2020-06-03 16:21 | Report Abuse

From observation for this counter is unable break 0.200 anymore unless oil price bk above 50 or epf no more elephant volumes selling anymore..

hlafdz

690 posts

Posted by hlafdz > 2020-06-03 16:35 | Report Abuse

Aiseh.. this counter got heavy butt. Go up no power, fall down so easy.

Posted by Ahmad Hidayat > 2020-06-03 16:40 | Report Abuse

0.2 too good to be true. brent from 30 to 40 still slow. someone is blocking the price to go up. they want to eat alone next year.

MoneyHeist

614 posts

Posted by MoneyHeist > 2020-06-03 16:56 | Report Abuse

What do you mean when you said blocking the price?

Posted by investpeople > 2020-06-03 17:02 | Report Abuse

this afternoon rally is for the bank .... all banks went up higher.

JJchan

7,182 posts

Posted by JJchan > 2020-06-03 17:02 | Report Abuse

man-yak susah to play with 100% ikan bilis. Yesterday Buy, today 100% Sell Back

gnath_77

780 posts

Posted by gnath_77 > 2020-06-03 17:24 | Report Abuse

@icepumpkin myself managed to grab back another 35% of my fund back at 0.175... now i'm riding on high ownership on velesto.. let's see the nbext 2 days... the gamble is all on OPEC's meeting outcome on production cut extension... Saudi is all good for the agreement.. now the only uncertainty is Russia's decision on OPEC... keep fingers crossed.

paramon

220 posts

Posted by paramon > 2020-06-03 17:26 | Report Abuse

JJ your comments make me laugh and yes we are huge of ikan bilis***

Posted by Steady Punpipi > 2020-06-03 17:31 | Report Abuse

Patient is the key

icepumpkin

818 posts

Posted by icepumpkin > 2020-06-03 17:32 | Report Abuse

i just now queue at 0.17 but did not get. nvm. js hold. oil sure will go up.

gnath_77

780 posts

Posted by gnath_77 > 2020-06-03 17:55 | Report Abuse

@icepumpkin that is for sure... not many actually realized the active rig count have fell the lowest and dangerous level that soon supply may not be able to cater demand for some short period later... making oil price soar... before this only shale was more severely shut down.. but now offshore as well since its more costlier to operate offshore op... economy is opening up in many places... demand will not be high like before since jet fuel is record low still... but at some level demand gonna surge on gasoline and other petroleum based products... including ethanol...

icepumpkin

818 posts

Posted by icepumpkin > 2020-06-03 18:08 | Report Abuse

ethanol, that is the whole reason i bought knm when it was 0.145 c.

5c0160

1,763 posts

Posted by 5c0160 > 2020-06-03 19:40 | Report Abuse

the most slowest oil counter. Dnt buy.

icepumpkin

818 posts

Posted by icepumpkin > 2020-06-03 20:57 | Report Abuse

Which one? knm?

williamtkb

3,216 posts

Posted by williamtkb > 2020-06-03 22:30 | Report Abuse

Elephant cannot move up yet. Even crude oil hits USD40 also below 18cents. Will drop back below 17cents again.

icepumpkin

818 posts

Posted by icepumpkin > 2020-06-03 23:28 | Report Abuse

Is ok. One day it will go up again.

Mabel

24,271 posts

Posted by Mabel > 2020-06-03 23:40 | Report Abuse

DUBAI/MOSCOW (Reuters) - OPEC leader Saudi Arabia and non-OPEC Russia have agreed a preliminary deal to extend existing record oil production cuts by one month while raising pressure on countries with poor compliance to deepen their output cuts, OPEC+ sources told Reuters.

Good news...

Like I said, when the operator has collected enough they will push the price up..

Learn from TH Heavy, Icon and Scomies..

Meow Meow Meow

lanikai

182 posts

Posted by lanikai > 2020-06-04 02:34 | Report Abuse

Velesto always likes to sleep zzz

Huat8huat8

149 posts

Posted by Huat8huat8 > 2020-06-04 08:11 | Report Abuse

Good day

Huat8huat8

149 posts

Posted by Huat8huat8 > 2020-06-04 08:13 | Report Abuse

So many cars on the road. Atleast 30 percent more compared to last week.

JoshuaMS7

4,309 posts

Posted by JoshuaMS7 > 2020-06-04 08:13 | Report Abuse

no cut more oil price sure sustain below 40 usd for longer time..

anson938

2,019 posts

Posted by anson938 > 2020-06-04 08:20 | Report Abuse

ENERGY
Oil rises in volatile session as traders eye OPEC cuts

anson938

2,019 posts

Posted by anson938 > 2020-06-04 09:10 | Report Abuse

Goreng SAP today & next is Velesto!!!

icepumpkin

818 posts

Posted by icepumpkin > 2020-06-04 09:13 | Report Abuse

look like it is dropping so they can collect more?

anson938

2,019 posts

Posted by anson938 > 2020-06-04 09:25 | Report Abuse

Exactly right!!!

gnath_77

780 posts

Posted by gnath_77 > 2020-06-04 09:41 | Report Abuse

just one word, HOLD :) oil price cannot stay forever at $40 also... then you'll see more companies will close biz and stop investing... this is just temporary... one thing you need to note is that, when oil price rallies, it will be very aggressive... not sure when supply is going to be severely impacted... as more offshore oil rigs are shut down... restarting an oil rig production is not like starting a factory machine... LOL.. some can take a few months to gain back the well pressure... some can be permanently damaged & deem unusable...

Posted by SyahTrader > 2020-06-04 09:42 | Report Abuse

Bangun la... Kerja

Mabel

24,271 posts

Posted by Mabel > 2020-06-04 09:43 | Report Abuse

Stupid Maybank Trading Platform down again...

Haiyaa.....

gnath_77

780 posts

Posted by gnath_77 > 2020-06-04 09:44 | Report Abuse

gloves & PPE rally is almost over for now before coming back later... that is the reason banks have started controlling the margin player from falling into risk during this gloomy economical position for the country... focus on the next big rally... be patient

gnath_77

780 posts

Posted by gnath_77 > 2020-06-04 10:03 | Report Abuse

@Mabel tell me about it... same situation... i just missed the boat to be in buy queue early for 0.170... i wanted to acquire more and hold another few weeks... i'm unable to use Rakuten & HLB as both trust funds were already fully invested...

icepumpkin

818 posts

Posted by icepumpkin > 2020-06-04 10:11 | Report Abuse

my two maybank and rakuten hang

Posted by Akukakijudi > 2020-06-04 10:21 | Report Abuse

Today sudah no power

icepumpkin

818 posts

Posted by icepumpkin > 2020-06-04 10:34 | Report Abuse

hahaa

aiman168

799 posts

Posted by aiman168 > 2020-06-04 12:15 | Report Abuse

Market pun takde ummph today ma...Mana mau jalan dia duduk senyap dulu lah..

plroo7

299 posts

Posted by plroo7 > 2020-06-04 12:33 | Report Abuse

No more power lo.... Need to look k1....

Posted by Chua Joe Beng > 2020-06-04 12:41 | Report Abuse

OPEC+ meeting tonight! More production cuts. World economy r opening up. More demand for oil. Price moves up.

MoneyHeist

614 posts

Posted by MoneyHeist > 2020-06-04 12:43 | Report Abuse

Is it tonight? @chua joe beng

anson938

2,019 posts

Posted by anson938 > 2020-06-04 12:43 | Report Abuse

ICE Brent Crude (Aug'20)
@LCO.1:Intercontinental Exchange Europe
*Data is delayed | USD
Last | 5:31:07 AM BST
39.23
-0.56 (-1.41%)

oil is renounce back

Towards 43 USD per barrel and above

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