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

0.185 - 0.19

Trading Volume

12,465,700


29 people like this.

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

ken

673 posts

Posted by ken > 2023-08-18 06:46 | Report Abuse

Good counter, but need a lot more time to go beyond 30sen. Patient will be ultimate winner ..

Jacintha

36 posts

Posted by Jacintha > 2023-08-18 11:19 | Report Abuse

ya juz wonder who r those fools who are selling with maddogs, depressing the prices or they know something we dun know like poorer than expected qtr rpt? all due to tns kenanga & hlb that syndicates used as a vessel to depress the share.

Macgyver11

2,492 posts

Posted by Macgyver11 > 2023-08-18 15:56 | Report Abuse

Next week crucial moment...qtr announcement.

Posted by royalinvestor > 2023-08-18 16:17 | Report Abuse

Most likely Interim Divident announcement olso maybe ...
Huatt ... huattttt Velesto

EAGLE

388 posts

Posted by EAGLE > 2023-08-18 17:07 | Report Abuse

div coming

Lewis Lee

1,695 posts

Posted by Lewis Lee > 2023-08-19 11:03 | Report Abuse

next AAX coming .... (hopeful since 2020) 😭😭

Macgyver11

2,492 posts

Posted by Macgyver11 > 2023-08-19 14:18 | Report Abuse

Hopefully..If vele next aax, I'm laughing all the way to bank 😆

Macgyver11

2,492 posts

Posted by Macgyver11 > 2023-08-19 14:35 | Report Abuse

All time high-demand will push the oil price to usd 100/barrel, said standard chartered...

Commodity analysts at Standard Chartered have buttressed that view saying their projections also imply large inventory draws peaking at 2.9 mb/d in August. However, their timing for when demand will hit a new high is a couple of months later than the IEA's. StanChart estimates that June demand was about 0.5 mb/d below August 2019's all-time high, but expects the record will be exceeded in the current month. According to the analysts, highly effective producer output restraint, led by Saudi Arabia, will create the conditions for a price rally that will take Brent prices above this year's high at $89.09/bbl onto their Q4-average forecast at $93/bbl, with a likely intra-quarter high above $100/bbl.

rizal2020

78 posts

Posted by rizal2020 > 2023-08-21 11:22 | Report Abuse

Velesto Cruise ... Going to sail soon !!

randy793

43 posts

Posted by randy793 > 2023-08-21 15:21 | Report Abuse

crazy sellers. always & nvr failed to dissapoint, but hope the sail is soon.

SinGor

4,926 posts

Posted by SinGor > 2023-08-21 17:45 | Report Abuse

maybe Friday Results Out

Macgyver11

2,492 posts

Posted by Macgyver11 > 2023-08-21 19:47 | Report Abuse



Seems this guy (HLI) just wake up from coma. Now start giving slightly good feedback but you know what, HLI already collected cheap ticket kaw-kaw...jerung no satu.

https://www.klsescreener.com/v2/news/view/1191197/uptrend-in-charter-rates-to-benefit-velesto

Posted by faizalanuar > 2023-08-21 20:22 | Report Abuse

punya la slow show mau start...later qr come out, sell on news la pulak..berat beratttt

randy793

43 posts

Posted by randy793 > 2023-08-22 15:19 | Report Abuse

hli no give tp but said cautious on cost. ccb

Macgyver11

2,492 posts

Posted by Macgyver11 > 2023-08-22 16:45 | Report Abuse

Dealing with this counter you need lot of patience otherwise finish..😎

Macgyver11

2,492 posts

Posted by Macgyver11 > 2023-08-22 16:52 | Report Abuse

As long slow and steady but secured is better than "lingkup". Look at this counter fast rising but fast "lingkup"
also - Awantec and many more

randy793

43 posts

Posted by randy793 > 2023-08-23 09:54 | Report Abuse

when is profit announcement?

randy793

43 posts

Posted by randy793 > 2023-08-23 10:17 | Report Abuse

https://theedgemalaysia.com/node/679710... perdana, up 1.5 cts after profit announcement.

randy793

43 posts

Posted by randy793 > 2023-08-23 16:04 | Report Abuse

perdana soon overtaking vel the sleepy share

Posted by royalinvestor > 2023-08-24 16:19 | Report Abuse

Any posibility qr out by 2day ??
maybe not maybe yessssssssssss

Posted by royalinvestor > 2023-08-24 16:22 | Report Abuse

maybe 2morrow mrning lorrrrrrrrrrr .............

Posted by EarnTrendMoney > 2023-08-24 17:14 | Report Abuse

TA says Velesto cuming :')

EAGLE

388 posts

Posted by EAGLE > 2023-08-24 17:50 | Report Abuse

div cominggg ka?

randy793

43 posts

Posted by randy793 > 2023-08-24 18:01 | Report Abuse

They never paid any dividends for a long time already la

rizal2020

78 posts

Posted by rizal2020 > 2023-08-24 19:04 | Report Abuse

Tendering for Jobs in FY24-25

Velesto’s drilling orderbook currently stands at RM797mn. Meanwhile, its tenderbook stands at RM3.7bn which are for jobs in FY24-25. This consists of 14 short term contracts (mostly in SEA region) and 5 long term contracts (outside SEA region).

Felix888

3,375 posts

Posted by Felix888 > 2023-08-24 22:08 | Report Abuse

Just waiting to break 0.28.
24th Aug 2023 10pm my prediction.

SinGor

4,926 posts

Posted by SinGor > 2023-08-25 10:36 | Report Abuse

randy793
They never paid any dividends for a long time already la
________________________

I think if profit exceed RM 70mil---A small dividend is necessary ( maybe in 1Q24 where DayRate exceed$100 )

Lewis Lee

1,695 posts

Posted by Lewis Lee > 2023-08-25 11:57 | Report Abuse

break 0.245 first lah .... can't break this for 3 months already .........😫

EAGLE

388 posts

Posted by EAGLE > 2023-08-25 12:00 | Report Abuse

results not out yet?

charlie chia

2,151 posts

Posted by charlie chia > 2023-08-25 12:11 | Report Abuse

Maybe today or next week

Felix888

3,375 posts

Posted by Felix888 > 2023-08-25 12:17 | Report Abuse

Today is the day. 💪💪💪

Ninja _07

544 posts

Posted by Ninja _07 > 2023-08-25 14:01 | Report Abuse

Armada out already... Velesto when?

Macgyver11

2,492 posts

Posted by Macgyver11 > 2023-08-25 14:36 | Report Abuse

Velesto IN..hahaha

randy793

43 posts

Posted by randy793 > 2023-08-25 16:51 | Report Abuse

Disappointing, sure to drop like shit soon

Macgyver11

2,492 posts

Posted by Macgyver11 > 2023-08-26 12:03 | Report Abuse

Sabar2 qtr report on Monday maybe, I'm sure going to be excellent qtr. Think good say good everything will be good.

rizal2020

78 posts

Posted by rizal2020 > 2023-08-26 14:23 | Report Abuse

it's time for Velesto to re-emerge as the best energy industry company in the Asian region with multi-billion ringgit contracts that are extremely profitable

SinGor

4,926 posts

Posted by SinGor > 2023-08-26 15:15 | Report Abuse

if net profit hit 30mil for 2Q23, it is consider very Good but the real explosive earning spike is 4Q23.....Then
again market price could peak in Nov if everybody jumps in before 4Q23 announcement in Feb2024

Posted by royalinvestor > 2023-08-27 13:51 | Report Abuse

ur rite SinGor ... i agree with rizal2020 this qtr report will be the base line where Velesto price start to soar above 30cts and gradually increase to reach the peak point by this year because from the company projection and plan 2Q23 is the best REVENUE , DCR and HWU ... therefor it will contribute better profit margin with good EPS somewhere 0.31++ hopefully

Macgyver11

2,492 posts

Posted by Macgyver11 > 2023-08-27 14:58 | Report Abuse

Possibility is there for Vele to earn net profit above 20mil. If 30mil + consider very good. I strongly believed contract from Hess carigali will give positive earning. The contract from Hess worth 630mil ( usd 135mil) and already commenced on Q4 2022 last year. And, with support of this two short terms contract which commence 1Q 2023 from ROC sarawak and PTTEP worth another RM125mil...yeah possibility is there. Hope earning from above contract visible in upcoming qtr (I didn't include in the GAIT contract). Monday everything will come to clear picture..

Macgyver11

2,492 posts

Posted by Macgyver11 > 2023-08-27 15:11 | Report Abuse

Very busy time for velesto as Q3 this year they hv to deploy their rigs for another Petronas contract (worth usd128mil)...regret Naga 7 no more available 😀. Drill baby drill

Posted by BursaMaster121212 > 2023-08-28 10:25 | Report Abuse

i m in this adi

randy793

43 posts

Posted by randy793 > 2023-08-28 10:36 | Report Abuse

the qtr report this qtr damm frikin late.

Posted by specializedvenge > 2023-08-28 11:07 | Report Abuse

Late nevermind, don't red..

Posted by hussin88 > 2023-08-28 12:05 | Report Abuse

auummm

Stocker

1,489 posts

Posted by Stocker > 2023-08-28 12:28 | Report Abuse

Gogogo

randy793

43 posts

Posted by randy793 > 2023-08-28 12:28 | Report Abuse

Break 0.245 but sustainable a not, only God knows

Macgyver11

2,492 posts

Posted by Macgyver11 > 2023-08-28 12:40 | Report Abuse

Tak naik pun komplain naik pun komplain qtr profit pun komplain tak profit pun komplain...adoi! Pening! 🙇

Posted by miracle_trader > 2023-08-28 12:54 | Report Abuse

chart looks good, if qr report good, will head to 30 cent

randy793

43 posts

Posted by randy793 > 2023-08-28 13:51 | Report Abuse

Ya sure good haha. This chat group so good, humourous 👍👍 bring motivation 😹😁. Just patience wait look see look see wei

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