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.

24,373 comment(s). Last comment by RJ87 26 minutes ago

Felix888

3,375 posts

Posted by Felix888 > 2023-08-12 14:27 | Report Abuse

Haha sorry he talking about RM300. Aiyoh we always talk about USD ma.

Macgyver11

2,492 posts

Posted by Macgyver11 > 2023-08-12 14:33 | Report Abuse

No worries..people do mistake. I dreamt last night oil touch usd 130...hahaha.

Macgyver11

2,492 posts

Posted by Macgyver11 > 2023-08-12 19:41 | Report Abuse

PH sapu most of the seat in Penang and selangor. As I said monday bursa Rock and roll..walaoeh!!

izoklse

5,272 posts

Posted by izoklse > 2023-08-12 20:34 | Report Abuse

UMNO lost badly and they have to think twice to stay or out from Anwar Government. UMNO wipe-out in Malay heart land. PN penetrate Negeri Sembilan where UMNO also lost Many seat. They now have to decide leave the Unity Government and Join PN. Malay has decided.

Macgyver11

2,492 posts

Posted by Macgyver11 > 2023-08-12 21:21 | Report Abuse

Msybe you talk in emotional. As at now PH-BN won 19 seats while PN just 8 seats in negeri sembilan...let see you claimed true or not (RAKYAT tolak PH/BN leadership or not)...time hold everything...😂

speakup

27,073 posts

Posted by speakup > 2023-08-12 21:40 | Report Abuse

Look like elections going to be 3-3

Macgyver11

2,492 posts

Posted by Macgyver11 > 2023-08-12 21:57 | Report Abuse

🔥 reports shows the Pakatan Harapan-Barisan Nasional pact securing the majority of seats in Negeri Sembilan. The PH-BN pact has so far allegedly secured more than half of the 36 seats in the state legislative assembly.
❗ Reports indicate that Perikatan Nasional has retained Terengganu, with at least 19 seats secured by the coalition in the state polls

izoklse

5,272 posts

Posted by izoklse > 2023-08-12 22:08 | Report Abuse

If i am zahid hamidi. i will leave Perpaduan Government and join PN. That is the only way to save UMNO, and .give possible seat to MIC and MCA. If i stay with PH and Unity Government i will lost badly, plus my other partner i.e MCA and MIC not place in Unity Government as they have to compete with DAP. If i continue stay with Unity government, next election i risk of losing more seat of my currently hold South region i.e N9, Melaka, Johor & Pahang. Even Perak i will lost badly in Next election. I have no choice as my vote based is Malay and they rejecting Anwar and Unity Government. It is to save my party UMNO and BN. That is the only choice i have.

Macgyver11

2,492 posts

Posted by Macgyver11 > 2023-08-12 22:44 | Report Abuse

Overall PH and BN collation wins 3 state meanwhile PN 3. I considered rakyat not buying proklamasi sentiment which created by this Mahathir/Muyiddin pack just for they personal interest. If see in deep, actually PN wins one state only if not bcoz of Pas. PN cannot penetrate Kelantan/Terangganu without Pas help, so Kelantan and Terangganu not PN victory. Even during Mahathir era, Kelantan and Terangganu always under Pas when comes to election. Biggest lost for PN. Rakyat wake up ready.

Macgyver11

2,492 posts

Posted by Macgyver11 > 2023-08-12 22:49 | Report Abuse

Indian community already rejected MIC and do as MCA for Chinese. This two organisation is absolutely hv corruption leaders. You must update yourself with latest info...izoklse.

Macgyver11

2,492 posts

Posted by Macgyver11 > 2023-08-12 22:57 | Report Abuse

Forget it the next election..still got another 3 to 4 more years. Look at what this present perpaduan govn can do to uplift our economy, create more jobs and improve nation GDP....and and bring those previous corruption leaders to justice. Claim back duit RAKYAT yg mereka sakau.

SinGor

4,938 posts

Posted by SinGor > 2023-08-13 13:44 | Report Abuse

when PN cannot destroy Anwar this round, Bersatu will see power struggle at Top leadership, Azmin Ali will
challenge Mui-jai at Top. Main beneficially in states Election is PAS ( Bersatu will vaporise sooner or later )...
PAS without capturing Penang Or Selangor means It is still wearing same OLD shirts with NO money to
Develope Kelantan and Trengganu ( Kedah needs heavy Paddy sudsidy from Federal Gov every year )
MayBe Mahathir will break Umno with Umno Baru again. DonT think Zahidi will last long

izoklse

5,272 posts

Posted by izoklse > 2023-08-13 16:40 | Report Abuse

Latest Info :
1. Grassroots voice asking Zahid to resign and UMNO president being replace.
2. Stop corporation with PH and DAP as this anger the grassroots prompted their action to boycott and switch their support to PN.
3. Pull out UMNO from Unity Government because not enough vote transfer between the PH and BN party. It is not working.
4. Negotiate with PN for cooperation if PN ready not to Terminate UMNO as a party. Any negotiation must be on this term.
5. Rebuild UMNO from Grassroots to leadership team.

Macgyver11

2,492 posts

Posted by Macgyver11 > 2023-08-13 21:09 | Report Abuse

Mimpi lah kau..🤣

Macgyver11

2,492 posts

Posted by Macgyver11 > 2023-08-13 21:25 | Report Abuse

Before states election, Muhyaddin promised he will win 5:1 but he failed to deliver his promises...he should resign from bersatu.

Macgyver11

2,492 posts

Posted by Macgyver11 > 2023-08-13 21:48 | Report Abuse

Im waiting for Johor sultan to ascend the throne as agong. I believed Tunku is people heart.

Macgyver11

2,492 posts

Posted by Macgyver11 > 2023-08-13 22:42 | Report Abuse

KUALA LUMPUR (Bernama): Bursa Malaysia is expected to rebound amid bargain hunting activities from Monday (Aug 14) driven by improved risk appetite in the market post-election.

Rakuten Trade Sdn Bhd equity research vice-president Thong Pak Leng said the benchmark index is expected to trend sideways with an upside bias within the 1,450 and 1,470 range next week, with immediate resistance at 1,460 and support at 1,440.

Felix888

3,375 posts

Posted by Felix888 > 2023-08-14 16:17 | Report Abuse

Wow Velesto rebounding. 😘

Macgyver11

2,492 posts

Posted by Macgyver11 > 2023-08-14 17:16 | Report Abuse

Dia datang. Another good qtr...

Macgyver11

2,492 posts

Posted by Macgyver11 > 2023-08-14 17:51 | Report Abuse

Malaysia has secured RM5.2 billion worth of investment commitments in the digital economy sector from China and Singapore,

Macgyver11

2,492 posts

Posted by Macgyver11 > 2023-08-14 17:54 | Report Abuse

Our economy going recover rapidly with PM Anwar. This is going to be golden era for bursa. Stay tune enjoy the ride...

BLITZRIEG

75 posts

Posted by BLITZRIEG > 2023-08-14 18:52 | Report Abuse

Upside bias more than downside

Posted by midswing > 2023-08-16 08:34 | Report Abuse

ready to jump to 30cent. see you there

Macgyver11

2,492 posts

Posted by Macgyver11 > 2023-08-16 09:36 | Report Abuse

Hopefully break 0.30.

Felix888

3,375 posts

Posted by Felix888 > 2023-08-16 12:44 | Report Abuse

Wow wow one day 2 contracts announcement. Next week good QR results coming !!!

Felix888

3,375 posts

Posted by Felix888 > 2023-08-16 12:55 | Report Abuse

Wow wow wow. Contracts flowing in until hand shaking!!

OTHERS | https://www.klsescreener.com/v2/announcements/view/5501671

OTHERS | https://www.klsescreener.com/v2/announcements/view/5501675

Felix888

3,375 posts

Posted by Felix888 > 2023-08-16 14:16 | Report Abuse

Satu bulan satu contract, lama lama harga sampai ke bulan 😊😊😊
https://www.thestar.com.my/business/business-news/2023/08/16/velesto-energy-bags-two-new-contracts

Jacintha

36 posts

Posted by Jacintha > 2023-08-16 15:24 | Report Abuse

a crazy roller coaster share not for the faint heart in waiting for GE results. plenty of sellers at 0.235/4. seems whatever contract also discounter all because of the tns kenanga & hlb reports keep telling it is overvalued.

Lewis Lee

1,695 posts

Posted by Lewis Lee > 2023-08-16 15:57 | Report Abuse

Good news coming lai !!! UP UP UP !!!
Next AXX coming >>>>>>>>>>>>>>>>>>>

Felix888

3,375 posts

Posted by Felix888 > 2023-08-16 15:59 | Report Abuse

Wait till next QR result announcement next week, tns kenanga and Hlb will upgrade to Buy once they already loaded up with full hand of tickets.

Posted by specializedvenge > 2023-08-16 16:20 | Report Abuse

Ask me to let go at 22 23 cents I rather keep to reveal its qr card

Felix888

3,375 posts

Posted by Felix888 > 2023-08-16 16:23 | Report Abuse

You might get a full house on hand.

serpent100

216 posts

Posted by serpent100 > 2023-08-16 17:16 | Report Abuse

Anybody can tell me …announce new project but nothing happens for pricing

Macgyver11

2,492 posts

Posted by Macgyver11 > 2023-08-16 18:14 | Report Abuse

Don't forget that HLB is the number 1 shares holder for velesto (mutual fund category). Give comments and downgrade velesto but keep on buying...why?

Macgyver11

2,492 posts

Posted by Macgyver11 > 2023-08-17 08:25 | Report Abuse

Oil demand compared with EV (barrels per day)
1) Total overall demand per day = 102mil
2) Demand for road fuels (cars,busses and etc) = 45mil
3) Displaced by EVs = 2 mil
4) Expected displacement by year 2040 = 20 mil

Demand for fossil fuel still quite high until 2040.

Jacintha

36 posts

Posted by Jacintha > 2023-08-17 09:11 | Report Abuse

something is wrong with this share la. look at its behaviour. false hope

Macgyver11

2,492 posts

Posted by Macgyver11 > 2023-08-17 09:18 | Report Abuse

Come on vele, break the 25 wall.

EAGLE

393 posts

Posted by EAGLE > 2023-08-17 11:01 | Report Abuse

div coming ka

EAGLE

393 posts

Posted by EAGLE > 2023-08-17 11:02 | Report Abuse

hahahahha

randy793

43 posts

Posted by randy793 > 2023-08-17 12:42 | Report Abuse

As said earlier, will Koyak and don't listen to craps

Macgyver11

2,492 posts

Posted by Macgyver11 > 2023-08-17 12:57 | Report Abuse

Ya bagus kasi mati sama tu contra players..hahaha lol!

Felix888

3,375 posts

Posted by Felix888 > 2023-08-17 13:46 | Report Abuse

All Oil and Gas counters are in Red today.

Jacintha

36 posts

Posted by Jacintha > 2023-08-17 15:58 | Report Abuse

We also maintain our TP of RM0.19 based on 15x FY24F PER. This is in-line with ascribed valuations for local-centric service providers within our coverage (i.e. DAYANG). There is no adjustment to our TP based on ESG given a 3-star rating as appraised by us (see page 4).

We prefer to avoid VELESTO due to: (i) costs inflation may lead to margin pressure arising from higher manpower and materials costs, (ii) catalysts have already played out (i.e. rebound in rig fleet utilization and DCRs), and (iii) rising interest rates translate to earnings drag from higher financing costs. Maintain UNDERPERFORM.

Macgyver11

2,492 posts

Posted by Macgyver11 > 2023-08-17 16:23 | Report Abuse

Pui! Percaya Kenanga research kah...semua jerung besar. I follow so many kenanga research semua masuk longkang. Trust your own research

Macgyver11

2,492 posts

Posted by Macgyver11 > 2023-08-17 16:29 | Report Abuse

Last year said tp 0.13 when vele trading @ 0.15c. After vele shot up to 0.26c change story pulak. Don't trust this IB...they job is manipulated you.

Posted by royalinvestor > 2023-08-17 23:35 | Report Abuse

Everyone is aware of velesto price movement due to bright future prospect with more or less about 4bil. Order book where 60% of the jobs last for more 12mths ... New order coming as

Posted by royalinvestor > 2023-08-17 23:38 | Report Abuse

New order as the bonus only lorr ....
The main thing now everyone aware the Velesto Achivement @ Performance

Felix888

3,375 posts

Posted by Felix888 > 2023-08-18 00:08 | Report Abuse

Told you all, one month one contract until oil price crashed below USD 50. You imagine Velesto get contracts until hand shaking.

rizal2020

78 posts

Posted by rizal2020 > 2023-08-18 00:49 | Report Abuse

Sooner Velesto will be top 10 oil @ Gas counters ... !! Maybe end of this month ?!?

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