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

0.00 - 0.00

Trading Volume

0


29 people like this.

24,326 comment(s). Last comment by RJ87 3 days ago

Nickhii90

62 posts

Posted by Nickhii90 > 2023-05-09 16:37 | Report Abuse

lama lagi

Macgyver11

2,492 posts

Posted by Macgyver11 > 2023-05-09 17:47 | Report Abuse

Another contract from Petronas worth usd 128mill...caaaaaantik!

Macgyver11

2,492 posts

Posted by Macgyver11 > 2023-05-09 17:52 | Report Abuse

Besok betul -betul engine start punya...

SinGor

4,926 posts

Posted by SinGor > 2023-05-09 17:56 | Report Abuse

First time i saw Velesto contract reaches RM500mil +++

Posted by specializedvenge > 2023-05-09 17:58 | Report Abuse

Hopefully can break 0.275 by this month

dhnn81

729 posts

Posted by dhnn81 > 2023-05-09 18:13 | Report Abuse

Aiyoo will hit 0.30 !!!

SinGor

4,926 posts

Posted by SinGor > 2023-05-09 19:16 | Report Abuse

Beginning of new Chapter, Qr results should be out 18--19 May if results is Good. Who knows may this Friday

Posted by StayHumble > 2023-05-09 20:25 | Report Abuse

30c is small. Think big.

Bon888

3,375 posts

Posted by Bon888 > 2023-05-09 21:28 |

Post removed.Why?

Bon888

3,375 posts

Posted by Bon888 > 2023-05-09 21:29 | Report Abuse

Tomorrow pecah 0.30!!!

BobAxelrod

8,255 posts

Posted by BobAxelrod > 2023-05-09 21:46 |

Post removed.Why?

Bon888

3,375 posts

Posted by Bon888 > 2023-05-09 21:49 |

Post removed.Why?

Bon888

3,375 posts

Posted by Bon888 > 2023-05-09 21:51 | Report Abuse

I said in SAP forum.

Velesto I still full hand of stock.

BobAxelrod

8,255 posts

Posted by BobAxelrod > 2023-05-09 21:54 | Report Abuse

Honest guy?....hmmmm...I don't think so.....

Posted by Bon888 > 2 hours ago | Report Abuse

Fxcker Bob. I told you I'm 50-50.
I sold all now also lost 5.4% only

Bon888

3,375 posts

Posted by Bon888 > 2023-05-09 21:55 | Report Abuse

Big contract, month end good QR results..This time we got a Full House on hand!!! Huat Ah!!!

BobAxelrod

8,255 posts

Posted by BobAxelrod > 2023-05-09 21:59 |

Post removed.Why?

Bon888

3,375 posts

Posted by Bon888 > 2023-05-09 22:00 |

Post removed.Why?

Bon888

3,375 posts

Posted by Bon888 > 2023-05-09 22:02 |

Post removed.Why?

Bon888

3,375 posts

Posted by Bon888 > 2023-05-09 22:03 | Report Abuse

Huat Ah!!!!!

Macgyver11

2,492 posts

Posted by Macgyver11 > 2023-05-10 09:16 | Report Abuse

Be humble. Don't celebrate too quickly. Stock market unpredictable.

Bon888

I'm going to make big money in this counter soon. Are you jealous Dumb and old Bob?

Bon888

3,375 posts

Posted by Bon888 > 2023-05-10 09:24 |

Post removed.Why?

Suriyan

66 posts

Posted by Suriyan > 2023-05-10 09:54 | Report Abuse

Velesto Energy Bhd’s* unit has secured three jack-up drilling rigs contracts for Petronas Carigali Sdn Bhd (PCSB), valued at US$128 million (RM569.48 million). The three jack-up rigs — Naga 3, Naga 4 and Naga 6 — have a drilling depth capability of 30,000 feet and a rated operating water depth of 350 feet to 400 feet. Velesto’s subsidiary Velesto Malaysian Ventures Sdn Bhd will start providing the rigs in the third quarter (3Q) of 2023.

WEIMEY

53 posts

Posted by WEIMEY > 2023-05-10 10:06 | Report Abuse

GUYS, THE DAYRATE FOR THE NEW CONTRACT IS $110K WHICH IS FAR HIGHER THAN $72K PER DAY ONE YEAR AGO. THIS IS GOING TO FLY ABOVE 0.3 SEN BY END OF JUNE

serpent100

216 posts

Posted by serpent100 > 2023-05-10 11:12 | Report Abuse

Amin

Posted by specializedvenge > 2023-05-10 11:12 | Report Abuse

Kancil 660 engine

Bon888

3,375 posts

Posted by Bon888 > 2023-05-10 11:15 | Report Abuse

As usual people sell on news. Focus on month end quarter report. Makan nasi ke makan bubur ke tengok QR report.

BobAxelrod

8,255 posts

Posted by BobAxelrod > 2023-05-10 11:17 |

Post removed.Why?

Bon888

3,375 posts

Posted by Bon888 > 2023-05-10 11:22 |

Post removed.Why?

Bon888

3,375 posts

Posted by Bon888 > 2023-05-10 11:25 |

Post removed.Why?

serpent100

216 posts

Posted by serpent100 > 2023-05-10 14:10 | Report Abuse

Stock Idea: Velesto Energy Berhad

JU rig fundamentals remain strong

Reiterate Add with a higher DCF-based TP of 26 sen, as we raise our longterm DCR assumptions for FY23-28F by US$10k/day.

Get the latest updates on market trends and stock ideas when you open a CGS-CIMB trading account today: https://bit.ly/2WOO1Ju

#cgscimbmy #velestoenergybhd #shariahcompliant #shariahsaham #shariahcompliant #stockpick #stockidea #investmentidea #klse #bursa

Lewis Lee

1,695 posts

Posted by Lewis Lee > 2023-05-10 17:08 | Report Abuse

Hope that the company's next QR (end May) won't disappoint again !!! fingers cross $$

Lewis Lee

1,695 posts

Posted by Lewis Lee > 2023-05-10 17:09 | Report Abuse

If next QR can suprise the public with huge profit .... the price will surely SHOOT UP to 0.40 !! $$$

SinGor

4,926 posts

Posted by SinGor > 2023-05-10 19:03 | Report Abuse


BobAxelrod
NOSH over 8 billions shares. Buntut gajah, how to rise? Ho
_____________________________

74% of Velesto shares are held Top 30 shareholders as List in 2022 annual Report. About 2 billion are
held by Ikan Bilis but 90% of this 2billion shares are "Trapped from RM4.00 --30sens . How many shares are
trading Daily?? Less than 200mil directly from Buying today Selling at T+2......Any Big Fish buys Velesto like EPF,
Velesto become a illiquid Stock in less than a week

Bon888

3,375 posts

Posted by Bon888 > 2023-05-10 19:34 |

Post removed.Why?

SinGor

4,926 posts

Posted by SinGor > 2023-05-11 09:57 | Report Abuse

DonT worry, Bod-No-Hope has NO money to Buy. he just loitering around i3 forum to pass-time

Bon888

3,375 posts

Posted by Bon888 > 2023-05-11 10:13 |

Post removed.Why?

Lewis Lee

1,695 posts

Posted by Lewis Lee > 2023-05-11 11:27 | Report Abuse

KUALA LUMPUR (May 10): CGS-CIMB Securities has maintained its “Add” rating on Velesto Energy Bhd at 23 sen with a higher target price (TP) of 26 sen (from 23 sen) and said recent data suggest that Velesto’s new contracts may have been secured at daily charter rates (DCR) exceeding US$100,000/day (versus US$90,000/day, as assumed earlier).

In a note on Tuesday (May 9), the research house said with rig utilisation likely to meet its expectations of circa 80%, it has raised Velesto’s FY23-25F core EPS forecasts by 10-32% on the back of higher DCRs.

CGS-CIMB said average DCRs in SEA rose from 2022’s US$74k/day to US$89k/day in May 2023, and may continue to increase as recent contracts have been signed at higher levels, including for Velesto’s rigs.

“Reiterate Add, with a TP of 26 sen.

“Potential re-rating catalysts include our expectation that Velesto will swing back to profits in 1Q23F (from the shock 4Q22 losses),” it said.

Lewis Lee

1,695 posts

Posted by Lewis Lee > 2023-05-11 11:29 | Report Abuse

不过,更清晰的信息数据,可能要等到本月24日的业绩汇报会才知晓。

meaning the next QR will be out on 24-5-2023 !! take note !!

SinGor

4,926 posts

Posted by SinGor > 2023-05-11 18:27 | Report Abuse

already suspected PNB will keep supporting price( another 8mil bought) Have another 2 weeks before Qr out
and if PNB keeps pushing Velesto Above 30sens it means after Good results, price will surely surge to 50sens

SinGor

4,926 posts

Posted by SinGor > 2023-05-11 18:30 | Report Abuse

You can dump analyst Tp if PNB, EPF and KWSP keep Buying. They are the biggest Operator

Bon888

3,375 posts

Posted by Bon888 > 2023-05-11 19:44 |

Post removed.Why?

Mabel

24,235 posts

Posted by Mabel > 2023-05-13 11:15 | Report Abuse

Velesto Energy Berhad

JU rig fundamentals remain strong

Reiterate Add with a higher DCF-based TP of 26 sen, as we raise our longterm DCR assumptions for FY23-28F by US$10k/day.

#cgscimbmy

Bon888

3,375 posts

Posted by Bon888 > 2023-05-13 11:30 | Report Abuse

Welcome back Mabel!

Mabel

24,235 posts

Posted by Mabel > 2023-05-13 11:45 | Report Abuse

My pleasure Bon88!

Meow

SinGor

4,926 posts

Posted by SinGor > 2023-05-14 14:29 | Report Abuse

I think if merger between SAP and MHB is successful, maybe PNB will sell SAP's Rigs to velesto to make
Velesto the Sole supplier of Jack Rig in Malaysia ( King of the Hill )

i3lurker

14,482 posts

Posted by i3lurker > 2023-05-15 14:52 | Report Abuse

The Theme Play in Serba was that it was COMPULSORY to do Daylight Robbery of State of Sarawak to give money to Dubai Feller
and rescue Serba jobs otherwise the State of Sarawak will collapse.

Sama sama here.

It is compulsory to do Daylight Robbery of Government of Malaysia to rescue RM70 million salary guy
and rescue Sapura jobs otherwise Government of Malaysia will collapse
and Malaysia will become part of Afghanistan.

Does this sound exactly the same?

The inventor is the same guy aka PearlBlackCheater aka TakadaNahtuk

PearlBlackCheater aka TakadaNahtuk copied this Violent Money Scam 100% from Hitler

This thing actually started with Hitler who said its compulsory to do Daylight Robbery of the Jews by taking their money using force to rescue Germans jobs

SinGor

4,926 posts

Posted by SinGor > 2023-05-15 16:36 | Report Abuse

30 sens is NO longer a Hill to Climb, 50sens is the real challenge. 40sens is next Top

Lewis Lee

1,695 posts

Posted by Lewis Lee > 2023-05-15 16:49 | Report Abuse

very strong closing !!!

Nickhii90

62 posts

Posted by Nickhii90 > 2023-05-15 16:59 | Report Abuse

let it break through 0.3 1st

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