VELESTO ENERGY BERHAD

KLSE (MYR): VELESTO (5243)

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Last Price

0.16

Today's Change

-0.025 (13.51%)

Day's Change

0.145 - 0.19

Trading Volume

236,514,600


29 people like this.

24,374 comment(s). Last comment by RJ87 12 hours ago

CHLEONG888

924 posts

Posted by CHLEONG888 > 2022-04-07 20:55 | Report Abuse

Shit ... Stagnant

hoot9e996

1,813 posts

Posted by hoot9e996 > 2022-04-07 20:58 | Report Abuse

no no, it will move just wait lah.
heavy counter what you expect suddenly limit up or suddenly up like KNM ?

Posted by wongcheehui83 > 2022-04-11 15:18 | Report Abuse

wait and see lor.......

Bon888

3,375 posts

Posted by Bon888 > 2022-04-13 19:40 | Report Abuse

Coming soon

1pingpong

771 posts

Posted by 1pingpong > 2022-04-15 17:28 | Report Abuse

macam 0.080 more likely.

Bon888

3,375 posts

Posted by Bon888 > 2022-04-15 22:08 | Report Abuse


Bon888

Is Velesto a PN17 company? Or going towards PN17 company? If not, what the hell you guys worry about, put all your free cash in and wait for the climax. Akan datang tapi lama sikit. Enjoy the journey OK.

Macgyver11

2,492 posts

Posted by Macgyver11 > 2022-04-16 10:00 | Report Abuse

Agreed with Bon88....

Macgyver11

2,492 posts

Posted by Macgyver11 > 2022-04-16 10:10 | Report Abuse

Velesto not high debt company like Sapura. Financial structure well managed. Lot of order in hand this year and next year...

Macgyver11

2,492 posts

Posted by Macgyver11 > 2022-04-16 10:14 | Report Abuse

No reason for PN17

Macgyver11

2,492 posts

Posted by Macgyver11 > 2022-04-16 10:18 | Report Abuse

Lets hope for this new CEO doing great job and bring Velesto to glory again.

EAGLE

393 posts

Posted by EAGLE > 2022-04-21 15:51 | Report Abuse

Banyak berat. Mau 12 sen pun susah.

Posted by Koyetlua > 2022-04-21 21:37 | Report Abuse

Good signal, 11.5 sapu all

Macgyver11

2,492 posts

Posted by Macgyver11 > 2022-04-22 10:08 | Report Abuse

Buy buy buy don't miss the boat. 80% of Velesto rigs fully utilized now, going to be good consecutive qtr coming soon.

Bon888

3,375 posts

Posted by Bon888 > 2022-04-22 17:19 | Report Abuse

@Macgyver11 where you get the 80% utilization data?

Posted by nasrulfahmi > 2022-04-29 11:56 | Report Abuse

very good

Harryww

107 posts

Posted by Harryww > 2022-04-29 13:05 | Report Abuse

Buy now otherwise missed the golden chance. 30 coming when the q result.

hoot9e996

1,813 posts

Posted by hoot9e996 > 2022-04-29 13:10 | Report Abuse

about time it fly....

Posted by nasrulfahmi > 2022-04-29 15:22 | Report Abuse

very good

Macgyver11

2,492 posts

Posted by Macgyver11 > 2022-04-29 15:23 | Report Abuse

Buy buy buy don't miss the boat. Very good consecutive qtr coming soon.

Expertise

1,389 posts

Posted by Expertise > 2022-04-29 15:53 | Report Abuse

This time for sure 30cts

Bon888

3,375 posts

Posted by Bon888 > 2022-04-29 16:29 | Report Abuse

Hari Raya Green Packet kecil, 2 cents

Posted by Warren_Buffett88 > 2022-04-29 22:47 | Report Abuse

no regret if buy now and keep until next year....

Macgyver11

2,492 posts

Posted by Macgyver11 > 2022-04-29 23:17 | Report Abuse

Annual report - balance order book as at march 2022 is 661mil

Macgyver11

2,492 posts

Posted by Macgyver11 > 2022-04-29 23:26 | Report Abuse

Daily rig rate last year usd68k/d this year might be different or perhaps more higher in conjunction with higher crude oil price...

Macgyver11

2,492 posts

Posted by Macgyver11 > 2022-04-29 23:32 | Report Abuse

No need to wait until next year before next year we can harvest ready if this company can generate good profit and increase rigs utilisation.

Macgyver11

2,492 posts

Posted by Macgyver11 > 2022-04-29 23:42 | Report Abuse

Higher oil price here to stay longer no doubt that velesto can pare down their debt efficiently.

CHLEONG888

924 posts

Posted by CHLEONG888 > 2022-04-30 07:44 | Report Abuse

0.30 coming, why not 3.00 is more realistic

Posted by bullmarket1628 > 2022-05-05 07:50 |

Post removed.Why?

Posted by bullmarket1628 > 2022-05-05 08:06 | Report Abuse

Oil price jumps US$5 a barrel as EU nears ban on Russian oil
Thursday, 05 May 2022 7:13 AM MYT

https://www.thestar.com.my/business/business-news/2022/05/05/oil-price-jumps-us5-a-barrel-as-eu-nears-ban-on-russian-oil

NEW YORK: Oil prices jumped on Wednesday, as the European Union, the world's largest trading bloc, spelled out plans to phase out imports of Russian oil, raising concerns about further market tightness as those nations hunt for adequate supply.
Crude benchmarks have risen steadily over the past two months following Moscow's invasion of Ukraine. Until now, the European Union has been reluctant to fully cut off imports of Russian oil and gas, and its plans still do not suggest a full ban for all EU members.
Europe imports some 3.5 million barrels of Russian oil and oil products daily, and also depends on Moscow's gas supplies.
"Inventories are so tight, so against this backdrop, when you're talking about this ban, there are a lot of questions on how (Europe) is going to make up for this," said Phil Flynn, senior analyst at Price Futures Group.
Brent crude LCOc1 futures settled up $5.17, or 4.9%, to $110.14 a barrel. West Texas Intermediate crude CLc1 futures settled at $107.81 a barrel, up $5.40, or 5.3%.
European Commission President Ursula von der Leyen on Wednesday proposed a phased oil embargo on Russia, as well as sanctioning Russia's top bank.
The Commission's measures include phasing out supplies of Russian crude within six months and refined products by the end of 2022, von der Leyen said. She also pledged to minimise the impact of the move on European economies.

Hungary and Slovakia, however, will be able to continue buying Russian crude oil until the end of 2023 under existing contracts, an EU source told Reuters.
Russia could offset the loss of one of its primary customers by selling oil to other importers including India and China. Neither country has stopped buying from Moscow.
Needs for much greater supplies are not likely to be met at a meeting on Thursday of the Organization of Petroleum Exporting Countries and allied producers. OPEC+ is expected to stick to its plan for a gradual ramp-up of monthly production.
In the United States, crude stocks rose modestly last week, according to the U.S. Energy Information Administration. Stocks were up 1.2 million barrels as the United States released more barrels from its strategic reserves.
Fuel stocks fell, in part due to stronger exports of products since Russia's invasion as buyers have sought other sources. EIA/S
The markets largely shook off the Federal Reserve's announcement that it would raise interest rates by a half percentage point to try to bring down rising inflation.
"The market was up so strong before the announcement I think (the Fed) was a foregone conclusion," said Gary Cunningham, director of market research at Tradition Energy.- Reuters

Posted by bullmarket1628 > 2022-05-05 09:23 |

Post removed.Why?

EAGLE

393 posts

Posted by EAGLE > 2022-05-05 09:37 | Report Abuse

Mari mari angpau raya

Posted by nasrulfahmi > 2022-05-05 10:09 | Report Abuse

very good

Bon888

3,375 posts

Posted by Bon888 > 2022-05-05 15:52 | Report Abuse

Thank you very much for thus who sold me Velesto at 0.105.

Macgyver11

2,492 posts

Posted by Macgyver11 > 2022-05-12 19:34 | Report Abuse

Tunggu punya tunggu rambut pun sdh beruban...kiki

Legend

4,119 posts

Posted by Legend > 2022-05-12 20:03 | Report Abuse

Oil slips more than 2% on fears recession may hit demand.
LONDON (Reuters) -Oil prices dropped more than 2% on Thursday in a volatile week as recession fears dogged global financial markets, outweighing supply concerns and geopolitical tensions in Europe.

Expertise

1,389 posts

Posted by Expertise > 2022-05-13 16:21 | Report Abuse

Will be very good Q1

Macgyver11

2,492 posts

Posted by Macgyver11 > 2022-05-14 10:10 | Report Abuse

Yeah! Q1 is around the corner. 2 more weeks to go. Expected good one.

Harryww

107 posts

Posted by Harryww > 2022-05-16 14:15 | Report Abuse

Buy now and keep until next q.. 0.30 is within reach.

BigZakar

261 posts

Posted by BigZakar > 2022-05-17 08:18 | Report Abuse

tp Rm1 before merdeka!!!!!!!!!!!!!

Expertise

1,389 posts

Posted by Expertise > 2022-05-17 10:08 | Report Abuse

Last chance to grab it,boarding soon to 30cts

Posted by bullmarket1628 > 2022-05-17 10:10 | Report Abuse

I think now O & G counters start booming is because the election is coming soon, market has to be hot hot only people can vote them to Win...

For those party whom can make market spike up like as 1990-1997 crazy hot stock market period, I will vote he/she Win !

Heng ah, Ong ah, Huat ah !

EAGLE

393 posts

Posted by EAGLE > 2022-05-17 10:22 | Report Abuse

Haaaa Lai Lai lai....siapa lambat rugi

colin888

333 posts

Posted by colin888 > 2022-05-17 10:51 | Report Abuse

What is wrong with this stock! Even Sapura is now 7 cents! Serba is now higher ! Wtf

kyliew

1,397 posts

Posted by kyliew > 2022-05-17 10:53 | Report Abuse

Cash is king, switch to Sapura

colin888

333 posts

Posted by colin888 > 2022-05-17 11:38 | Report Abuse

Hopeless stock! I have invested 130k and it’s still bleeding.

Expertise

1,389 posts

Posted by Expertise > 2022-05-17 12:02 | Report Abuse

Cash is king..oil theme this cycle till election …hohoho

CHLEONG888

924 posts

Posted by CHLEONG888 > 2022-05-17 21:30 | Report Abuse

A bit disappointed, merely increased half a sen

Posted by Skywalker00 > 2022-05-17 22:33 | Report Abuse

Najib got say included Volesto he will help. Hooray!!!

kahfui1221

416 posts

Posted by kahfui1221 > 2022-05-17 22:43 | Report Abuse

出席先前分析汇报会得知,自升式(JU)钻井平台工作的时间表后,我们估计Velesto能源末季钻井平均使用率为77%,比先前预测的70%高,因为进行中钻井工作时间,应该会比预期来得长。

尽管当季有可能录得盈利,但我们出于谨慎考量,没有将末季财测改为盈利,因为该公司存有难以预测且持久的营运成本压力。

若钻井工作因确诊员工而拖累,成本会变得非常高昂,因为船员薪水持续累积,且人手短缺意味现有钻井船员需延长逗留时间,就必须给出补偿。

由于无法招募外国船员,该公司本地其他钻井平台经理不得加大工时,提高工资以弥补离职者工作空缺。

因此,我们预料防疫成本与薪金调账,会在明后财年持续带来压力。

不过,我们相信下财年钻井使用率可达70%,故维持财测、“守住”评级和14仙目标价。

Posted by NoobRookie > 2022-05-20 17:13 | Report Abuse

come on velesto!!!

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