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

Macgyver11

2,492 posts

Posted by Macgyver11 > 2023-08-30 08:05 | Report Abuse

faizalanuar

can start relocate some to capitaA instead😅

Better be careful lor. Immediately profit 1bil..where does it come from. Tickets sold but no collection 😂. I mean good and bad lah, if you're lucky. Don't forget all time famous counter serba.

Posted by jacintateh > 2023-08-30 09:13 | Report Abuse

RED, never failed to dissapoint for the 3rd consequtive time.

randy793

43 posts

Posted by randy793 > 2023-08-30 09:16 | Report Abuse

Better sell before it's too late

Macgyver11

2,492 posts

Posted by Macgyver11 > 2023-08-30 09:25 | Report Abuse

Red only what is the big deal. Brent in good position, uptrend now.

colin888

333 posts

Posted by colin888 > 2023-08-30 09:29 | Report Abuse

Hopeless stock

BobAxelrod

8,255 posts

Posted by BobAxelrod > 2023-08-30 09:30 | Report Abuse

SinKarLan's favourite stock to Holland.

Posted by royalinvestor > 2023-08-30 09:32 | Report Abuse

This is what we call strong tacktical rebounding techinique !!
" Flush and Hit later "
JUst wait patient ... 😊

XenDee

177 posts

Posted by XenDee > 2023-08-30 09:32 | Report Abuse

gajah susah terbang

colin888

333 posts

Posted by colin888 > 2023-08-30 10:01 | Report Abuse

Some of us here are in the state of denial. 30 cents call is not going to happen. Sleep early tonight and dream

randy793

43 posts

Posted by randy793 > 2023-08-30 10:03 | Report Abuse

Yes, it appears we may have syndicates here asking to keep hold buy don't sell when they selling . Bye bye

EAGLE

388 posts

Posted by EAGLE > 2023-08-30 10:18 | Report Abuse

31 million net profit for 1st half 23. Sell cheap2, time to collect.

Posted by specializedvenge > 2023-08-30 11:00 | Report Abuse

Not outstanding doesn't mean bad also...
More profit less debts.
I think most ppl here avg cost 0.15+- only.. Some even 0.10+-.
No need to worry at all if you don't need urgent money.
If got some dividend then it's nicer lah😀

Posted by StayHumble > 2023-08-30 11:44 | Report Abuse

It would be best if Pnb sold its shares in Velesto to another party who has the expertise...

Felix888

3,375 posts

Posted by Felix888 > 2023-08-30 11:45 | Report Abuse

Sien liao, have to wait another quarter.

colin888

333 posts

Posted by colin888 > 2023-08-30 11:57 | Report Abuse

Wait till the Lembu comes Home! Hibiscus also drifting side ways and we should not put hope on this stock. Invest other stocks to give you returns. This stock will not declare any dividend

Posted by faizalanuar > 2023-08-30 12:35 | Report Abuse

no goreng..no div...3 more month waiting..no show anytime soon with how the market move..wait long2 again

rizal2020

78 posts

Posted by rizal2020 > 2023-08-30 13:17 | Report Abuse

Whatever laa ...
I do believe it wil grow to 27.5 sooner or later base on the positif performance grow with 4B contract till 2025 ... Firm and sustainable future

Posted by royalinvestor > 2023-08-30 13:32 | Report Abuse

rizal2020
agree with u bro
actual case the management can show excelent profit for this qtr
we can see Net Cash Used In Financing Activities 96M compare to 5M at 1st qtrs
refer to Macgyver11 info
Actually they can show higher profit if they want. Seems Vele management keen to pay debt first rather than showing profit. In another words, good also bcoz interest payment for debt alone cost them lot. I think if they really want to show profit they can easily contra in debt, 20 to 30mil profit sup sup.

chimchim

196 posts

Posted by chimchim > 2023-08-30 15:00 | Report Abuse

another oil counter going to PN17?

Lewis Lee

1,695 posts

Posted by Lewis Lee > 2023-08-30 15:05 | Report Abuse

Just checked most analysts' calls upon their quarter reports ... so far ALL call for fatt-king SELL !!!! (TP 0.19 to 0.24)
BIMB (last call TP=0.30) Where the fatt are you ?? 😭😭

Lewis Lee

1,695 posts

Posted by Lewis Lee > 2023-08-30 15:07 | Report Abuse

Kenanga's TP = 0.19
TA's TP = 0.22
CGS-CIMB's TP = 0.25

........ 😅

Lewis Lee

1,695 posts

Posted by Lewis Lee > 2023-08-30 15:08 | Report Abuse

Only hard core fan Macgyver11's TP = 0.30 !! 😂

Macgyver11

2,492 posts

Posted by Macgyver11 > 2023-08-30 15:40 | Report Abuse

Ya kah..Kenanga, Ta and cimb shout to sell...why? bcoz they never hold any vele shares, while HLI stake up its shares position. Hong leong value fund held 4.83% (under mutual fund) and Hong Leong asset management held 7.79% (under institutional) of velesto shares respectively beside PNB is the owner. Latest news is Tokio marine life insurance bought another 148,872,000mil recently. Tokio marine held 1.81% of vele shares now (second in the row). I never see this kind of amount hold by HLI in any other counters in bursa. Now...who is the smart IB...
Are you telling HLI is dumb?...hahaha LOL. I hope lewis Lee not one of them (the three stup...d bankers)

Macgyver11

2,492 posts

Posted by Macgyver11 > 2023-08-30 15:48 | Report Abuse

royalinvestor

This is what we call strong tacktical rebounding techinique !!
" Flush and Hit later "
JUst wait patient ... 😊

I agreed with this. This is how they flush out the weak holders. Who is the weak holders...you org tgk sendiri lah. Beli skt bising bnyk. Ada pepatah melayu kata " telur sebiji riuh sekampung"..hahaha

Young padawan always like this.

Posted by royalinvestor > 2023-08-30 16:09 | Report Abuse

😁😂🤣😂😃

EAGLE

388 posts

Posted by EAGLE > 2023-08-30 16:10 | Report Abuse

Muahahahaha...sell sell sell. Collect cheap2.

rizal2020

78 posts

Posted by rizal2020 > 2023-09-01 11:39 | Report Abuse

😊umphh
Not even aweek TA revise Vel
target price ... so big increase !!
Maybe they just notice after fully study the 2Q23 report and notice that vel will sour consistenly b4 sudden soar to the high peak by this year toward positif performance and fully job order for 2023 and very good book order until 2025 about 4B.

rizal2020

78 posts

Posted by rizal2020 > 2023-09-01 11:53 | Report Abuse

royalinvestor

rizal2020
agree with u bro
actual case the management can show excelent profit for this qtr
we can see Net Cash Used In Financing Activities 96M compare to 5M at 1st qtrs

Smart management will care the overall company performance continuously and sustain gradually not only show big profit up and down ... Maybe they learn from the past and hard time not to be repeat

Posted by royalinvestor > 2023-09-01 11:59 | Report Abuse

😊😊

Macgyver11

2,492 posts

Posted by Macgyver11 > 2023-09-01 11:59 | Report Abuse

If you guys analyst the financial report, you'll will amazed. 1Q23 FCF around 23mil. 2Q23 how much do you all think?
Just guess?

Macgyver11

2,492 posts

Posted by Macgyver11 > 2023-09-01 12:02 | Report Abuse

Almost up 470%.
Very surprising that those bankers that give negative perspective couldn't see this.

Macgyver11

2,492 posts

Posted by Macgyver11 > 2023-09-01 12:04 | Report Abuse

End of third qtr, velesto FCF can exceed 200mil..my guess. Cash is king

Macgyver11

2,492 posts

Posted by Macgyver11 > 2023-09-01 12:16 | Report Abuse

Drilling project for Petronas start third qtr onward. Naga 3,4 and 6 assigned for this drilling project. The combined value of this contract worth usd128mil. Third qtr very busy time for vele.

Macgyver11

2,492 posts

Posted by Macgyver11 > 2023-09-01 15:29 | Report Abuse

From strong sell now TA said Hold. Next after the 3Q23, they might say strong buy...by that time big2 guys already sapu the stock cheap2.

Macgyver11

2,492 posts

Posted by Macgyver11 > 2023-09-01 19:02 | Report Abuse

Newly appointed both director from PNB...good beginning. PNB appointed their own staff that means velesto in right track.

Macgyver11

2,492 posts

Posted by Macgyver11 > 2023-09-01 20:16 | Report Abuse

Good video to watch about DAC...

https://youtu.be/Rf7pTfCxNW4?feature=shared

Posted by limitupandsurewin88 > 2023-09-04 11:11 |

Post removed.Why?

Posted by limitupandsurewin88 > 2023-09-04 12:31 |

Post removed.Why?

Posted by specializedvenge > 2023-09-04 13:00 | Report Abuse

Bounce higher than pre qtr. Good sign and shining

Lewis Lee

1,695 posts

Posted by Lewis Lee > 2023-09-04 13:51 | Report Abuse

Hope for the best ! No more false dawn !! 🙏

Felix888

3,375 posts

Posted by Felix888 > 2023-09-04 14:01 | Report Abuse

水涨船高。📈

EAGLE

388 posts

Posted by EAGLE > 2023-09-04 14:08 | Report Abuse

PNB directors appointed to make sure profit and good governance, yes?

Stocker

1,489 posts

Posted by Stocker > 2023-09-04 14:33 | Report Abuse

gogogo ~

Stocker

1,489 posts

Posted by Stocker > 2023-09-04 16:38 | Report Abuse

gogogo

SinGor

4,926 posts

Posted by SinGor > 2023-09-04 18:01 | Report Abuse

It won'T surprise me if PNB is pumping Velesto

Macgyver11

2,492 posts

Posted by Macgyver11 > 2023-09-04 18:46 | Report Abuse

Datuk jual mahu pergi Holiday kah...tteeuuu!

Lewis Lee

1,695 posts

Posted by Lewis Lee > 2023-09-05 10:12 | Report Abuse

Sell 2 mils at 0.25 = RM500k, need so much on holiday kah ?? 😅

Macgyver11

2,492 posts

Posted by Macgyver11 > 2023-09-05 12:01 | Report Abuse

Biasalah duit bnyk bini muda pun bnyk...mana ckp makan. Pergi oversea bknnya duduk hotel shoplot.. hotel 10star tu 🤣

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

pumping already???

Macgyver11

2,492 posts

Posted by Macgyver11 > 2023-09-05 16:18 | Report Abuse

Another frustration velesto going to give..get ready...😂

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