Posted by tkl88 > 2020-11-24 02:19 | Report Abuse

Wow, oil price continue it’s bull run !
As at 12.30am,
Nymex=> $42.85 ‪(+0.43) (+1.01 %)‬
Brent => $45.80 ‪(+0.73) (+1.62 %)‬

‪Huat ah ! Heng ah ! Ong ah !‬

Posted by Macgyver11 > 2020-11-24 09:44 | Report Abuse

Velesto is hidden gold mine. Soon will be rewarded. Just stay focus.

Posted by KAQ4468 > 2020-11-24 10:04 | Report Abuse

Peewiittttt

Posted by nasrulfahmi > 2020-11-24 12:50 | Report Abuse

green green

Posted by Expertise > 2020-11-24 23:36 | Report Abuse

Oil spike 3% ,is a good sign

Posted by giinyang520 > 2020-11-25 00:36 | Report Abuse

Oil Price spike crazy ! Looking forward O&G theme

Posted by Macgyver11 > 2020-11-25 04:56 | Report Abuse

0.20 sdh mahu mari.

Posted by tkl88 > 2020-11-25 06:48 | Report Abuse

Wow, oil price continue to spike up like mad !
As at 1.25am,
Nymex=> $44.95 ‪(+1.89) (+4.39 %)‬
Brent=> $47.77 ‪ (+1.73) (+3.76 %)‬

Posted by Jjkcl > 2020-11-25 06:49 | Report Abuse

Ho seh liao

Posted by tkl88 > 2020-11-25 07:19 | Report Abuse

Walaoeh, Dow Jones continue it’s bull run !‬
Dow Jones closed at=> 30,046.24 (+454.97) (+1.54 %) !

Huat ah ! Heng ah ! Ong ah !

Posted by KAQ4468 > 2020-11-25 08:45 | Report Abuse

Kaya kaya kaya

Posted by KAQ4468 > 2020-11-25 08:46 | Report Abuse

Buy 10 cents
Sell 40 cents

Posted by Jjkcl > 2020-11-25 08:55 | Report Abuse

43 cent come

Posted by nashvz > 2020-11-25 09:42 | Report Abuse

remind me.the annoucement for share cap reduction back in Oct, what is that means?

Posted by Macgyver11 > 2020-11-25 09:45 | Report Abuse

Brent shoot up higher. Engine start.

Posted by Joe2552 > 2020-11-25 10:20 | Report Abuse

Moving up now!

Posted by leotong224 > 2020-11-25 10:23 | Report Abuse

Up up up!

Posted by KAQ4468 > 2020-11-25 16:11 | Report Abuse

Layan layan

Posted by KAQ4468 > 2020-11-25 16:11 | Report Abuse

Sambil makan popcorn

Posted by KAQ4468 > 2020-11-25 16:12 | Report Abuse

2 years kasi peram

Posted by KAQ4468 > 2020-11-25 16:12 | Report Abuse

40 cents gua lelong

Posted by powerup89 > 2020-11-25 16:33 | Report Abuse

kaya kaya....sama sama kaya...

Posted by Macgyver11 > 2020-11-25 17:48 | Report Abuse

Volume increased gradually...

Posted by Macgyver11 > 2020-11-25 18:02 | Report Abuse

Brent almost close to USD 50..apa lagi mau.

Posted by KAQ4468 > 2020-11-25 22:24 | Report Abuse

Buy 10 cents
Sell 40 cents

Apa lagi mau???

Posted by linheng > 2020-11-26 08:49 | Report Abuse

laggard counter

Posted by djibaok > 2020-11-26 13:58 | Report Abuse

quarter result + belanjawan lulus atau gagal

Posted by Jjkcl > 2020-11-26 14:15 | Report Abuse

Semua passed semua naik

Posted by JoshuaMS7 > 2020-11-26 14:45 | Report Abuse

what is the risk if budgetary failed?? what's the effect for velesto?

Posted by kl_guy > 2020-11-26 15:39 | Report Abuse

is there any capital reduction on velesto ? when ?

Posted by Macgyver11 > 2020-11-26 17:59 | Report Abuse

Capital reduction is old story ler..nothing to worried about.

Posted by Macgyver11 > 2020-11-26 18:00 | Report Abuse

Budget approved. Good sign.

Posted by Macgyver11 > 2020-11-26 18:01 | Report Abuse

Brent still maintained..also good sign

Posted by shark3011 > 2020-11-26 18:12 | Report Abuse

Why keep on going back to white despite oil price increasing?

Posted by tkl88 > 2020-11-26 20:21 | Report Abuse

Budget 2021 approved by Dewan Rakyat

Ahmad Naqib Idris/theedgemarkets.com
November 26, 2020 15:32 pm +08
https://www.theedgemarkets.com/article/budget-2021-approved-dewan-rakyat

Posted by tkl88 > 2020-11-26 20:21 | Report Abuse

KUALA LUMPUR (Nov 26): After a heated session during Finance Minister Tengku Datuk Seri Zafrul Tengku Abdul Aziz’s wrapping-up speech on Budget 2021, the bill was approved at the policy stage.
Towards the end of the session, Dewan Rakyat Speaker Datuk Azhar Azizan Harun asked for a show of hands of those for and against the budget, and decided that there were more Members of Parliament (MPs) who agreed with the budget, although Pokok Sena MP Datuk Mahfuz Omar interjected and motioned for a tally of the votes.
However, this required 15 MPs to support the call for a tally. Only 13 stood up in support of the tally, according to the Speaker.
“There are fewer than 15 people [supporting the call for a tally]. There are more voices [in agreement with the budget]. The bill will see its second reading now,” he said.
The wrap-up by the minister was a heated one as ruling and opposition MPs furiously interjected for clarifications of certain issues, including the expansion of the Employees Provident Fund's (EPF) i-Sinar facility to include those receiving pay cuts due to the Covid-19 pandemic.
Subang MP Wong Chen claimed that the EPF’s inflows amount to no more than RM20 billion per year, and therefore could not cover the total increased allocation of RM70 billion for the i-Sinar facility.
“Where is the EPF going to find the extra RM50 billion? Are they going to sell their shareholdings in listed companies on Bursa Malaysia? If this hits the headlines tomorrow, we will have a big problem,” he said.
However, Tengku Zafrul clarified that the EPF is seeing inflows of RM80 billion per year, adding that the Ministry of Finance (MoF) had looked into the matter.
“I would like to correct the facts. We conducted a detailed analysis of this for over a week. Actually, the inflows are not RM20 billion, RM30 billion or RM40 billion. It is RM80 billion per year,” responded the minister.
Following that, Wong pointed out that withdrawals by contributors, amounting to RM40 billion to RM50 billion per year, had to be taken into account as well — before his microphone was muted by the Speaker.
The session quickly devolved into a shouting match among the MPs, which resulted in intermittent muting of the MPs’ microphones by a visibly irritated Speaker.
“This is embarrassing behaviour. We are debating on the budget and this is how we are behaving? The rakyat are watching all of us here!” he said.
Other points mentioned during Tengku Zafrul's speech included a reduction in allocation for the Special Affairs Department (JASA) to make way for increases in other allocations, although he did not elaborate.
On the various proposals for a further extension of the loan moratorium, he said all who are eligible — whether they are in the B40, M40 or T20 category — will be able to request for various forms of assistance, which also include reducing or rescheduling loan repayments, from their respective banks.

Posted by bb1788 > 2020-11-26 20:45 | Report Abuse

15sen shouldn't be an issue with profitable 3Q results released

Posted by KAQ4468 > 2020-11-26 20:53 | Report Abuse

Peewiittttt

Posted by KAQ4468 > 2020-11-26 20:53 | Report Abuse

Buy 10 cents

Sell to 40 cents

Posted by KAQ4468 > 2020-11-26 20:54 | Report Abuse

Invest invest invest

Posted by Jjkcl > 2020-11-26 20:54 | Report Abuse

OK, lai liao

Posted by Stephen Baster > 2020-11-26 20:55 | Report Abuse

finally back to black. good.

Posted by KAQ4468 > 2020-11-26 20:56 | Report Abuse

Stay cool stay invest

Posted by Macgyver11 > 2020-11-27 07:07 | Report Abuse

Even qtr is green but decreasing qoq...hoping for new contract from Petronas soon. I strongly believed Petronas won't let down they upstream supply easily especially bumi. Next year new chapter will begin for Velesto. Contract will rewarded soon.. Velesto is hidden gold mine.

Posted by sheep > 2020-11-27 08:59 | Report Abuse

next year all rigs idle....bungkus...wakakaka

Posted by Kopimilo > 2020-11-27 10:47 | Report Abuse

Operation Cost high no chance to profit better regardless 15 years continuous renewable contracts. Servicing debt and coming expiring Warrants would diminish profit as well.

Posted by kl_guy > 2020-11-27 12:12 | Report Abuse

oil price already USD46. OnG still haven't move yet. better collect now. once the news is out on the media, will goreng again.

Posted by Macgyver11 > 2020-11-27 18:54 | Report Abuse

Velesto survived even this tough pandemic time wth profitable qoq. Biggest shares holders PNP and Amanah. I dont think Velesto will bungkus beside it will thrive better.

Posted by leotong224 > 2020-11-28 09:15 | Report Abuse

Velesto 3Qtr result mcm ok leh ..

Posted by leotong224 > 2020-11-28 09:19 | Report Abuse

4Qtr n 2021 rigs donno yet .. i think velesto can thrive because they r PNB company leh. maybe merge w Sapura.