Posted by Macgyver11 > 2023-09-05 16:22 | Report Abuse

Velesto 25c
Perdana 25c
Draw
Armada - drop
Uems - devastation (kena trap kaw2)

Velesto still ok..slow but steady.

Posted by specializedvenge > 2023-09-05 18:07 | Report Abuse

Market red red this buddy still 250/255...consider very good

Posted by Macgyver11 > 2023-09-05 21:46 | Report Abuse

Brent hit usd90. Seems usd100 is possible. Currently velesto received usd 90k for DCR (according to 2nd qtr report). With high crude oil price, I strongly believed they can get usd95k to 105k for rigs service...chances is very high. DCR high = profit high.

Posted by charlie chia > 2023-09-06 13:12 | Report Abuse

Still lazy to move up

Posted by Macgyver111 > 2023-09-06 18:02 | Report Abuse

Slowly moving up. Slow and steady better than go up fast and drop like no tomorrow. It's good for long/midterm investors...contra can't earn much.

Posted by specializedvenge > 2023-09-06 19:09 | Report Abuse

Bimb tp. 0.30

Posted by SK1200 > 2023-09-07 01:57 | Report Abuse

Buy and keep..will reward u soon.

Posted by Lewis Lee > 2023-09-11 09:10 | Report Abuse

good news, latest top foreign net buys list show foreigner sapu-ing "very-slow" and listed no.17 top buy !!

Posted by royalinvestor > 2023-09-11 12:19 | Report Abuse

Resistance at 255 ....
Next will be 280 and will be play 275 ~ 280 by this week ?!?

Posted by royalinvestor > 2023-09-11 12:35 | Report Abuse

Velesto Energy - Lifted by Better Rate
Within expectation. 1H23 core profit of RM31.6mn came at 26% of our forecast. We deem the result as within estimate in expectation of stronger earnings in 2H23 amidst rising DCR. @@@@ BIMB @@@@

Posted by royalinvestor > 2023-09-11 12:37 | Report Abuse

Velesto Energy (Velesto) 1H23 core profit of RM31.6mn was deemed in line with our estimate despite only making up 26% of our forecast and 35% of consensus’ estimate. On quarterly basis, core earnings rose 22% QoQ to RM17.4mn mainly due to higher daily charter rate (DCR) of USD94k/day (vs USD90k/day in 1Q23). It could be higher without the losses at non-rig services of RM3.6mn LBT and higher effective tax rate. Rig utilisation rate was excellent at 89% in 1H23 though it may dip slightly in 3Q23 before recovering in 4Q23. We expect the company to be able to fully capitalise on rising DCR given most rigs are currently on short-term charter. Maintain a BUY call on Velesto with TP RM0.30 which implies 15x FY24F P/E and 1x FY24F P/B.

Posted by royalinvestor > 2023-09-11 13:02 | Report Abuse

3Q23 will be end by this month
Current trading more a less will be focus the outcome of 4Q23 performance and noBody deny that Vele will have the excelent result for year 2023 ..... eventhough rig utilisation will be dip slightly in 3Q23 but DCR will be improve inline of oil price demand ( Vele Forecast and Plan at USD80 to produce better profit for the year 2023 and yet the oil price demand stand at USD85 ++ and maybe more higher toward 2024 !!
"" PATIENCE WILL REWARDS U LATER ..... GOOD LUCK ""

Posted by Macgyver111 > 2023-09-11 16:45 | Report Abuse

Today all counters red sea...

Posted by faizalanuar > 2023-09-11 19:31 | Report Abuse

patience almost running out alrdy..energy sector all moves..this 1 wanna break .26 pun payahh

Posted by faizalanuar > 2023-09-11 19:32 | Report Abuse

hope this counter prove me wrong next 2 weeks or so

Posted by aireez > 2023-09-12 13:29 | Report Abuse

royalinvestor
"" PATIENCE WILL REWARDS U LATER ..... GOOD LUCK ""

hopefully .... tt is the matter of time maa
i think Vele will hit new high by this month before entering final quater of 2023
after tt surely cant c cheap2 offer lorrr ...
im in the boat ... thxzz for ur info bro

Posted by royalinvestor > 2023-09-12 13:57 | Report Abuse

😄😅😎

Posted by Macgyver111 > 2023-09-12 18:29 | Report Abuse

Third qtr expected revenue and net profit higher than 2nd qtr. Expected net profit above 20mil to 28mil due to higher DCR.

Posted by rizal2020 > 2023-09-12 19:32 | Report Abuse

Macgyver111

Third qtr expected revenue and net profit higher than 2nd qtr. Expected net profit above 20mil to 28mil due to higher DCR.

Maybe more if oil price above USD 90 ++

Posted by rizal2020 > 2023-09-12 19:35 | Report Abuse

Hopefully 2morrow 255 resistance brake and vele moving up & up

Posted by bullrun168 > 2023-09-13 08:58 | Report Abuse

Oil price rocketing up ! $92.06 +1.42 +1.57%

Posted by SinGor > 2023-09-13 10:34 | Report Abuse

Oil at 95 coming much faster than anticipated. Saudi still cutting output in 2024

Posted by Lewis Lee > 2023-09-13 11:30 | Report Abuse

Oil price Up Up UP ..... most oil & gas counter Up Up UP .....
BUT BUT BUT ...... "Very Slow" continue to SLEEP the Fatt out of it !!!! 😅😅

Posted by royalinvestor > 2023-09-13 12:12 | Report Abuse

everyone notice the potential of vele for years 2023 ... it will soar anytime from now ! since last week they are collecting 250 until now . once 255 resistance is break it will bounce to the new high peak ... they are waiting this moment since covid 19 effect them badly ! tt is my view point

Posted by SinGor > 2023-09-13 18:57 | Report Abuse

as i believe, Velesto will peak in Nov.....Not By local Funny Manager But Foreign Funds which will enter in Oct
and Exit December 2023 Or one year Later ( depends on BNM and US Rate )

Posted by SinGor > 2023-09-13 18:59 | Report Abuse

As usual when Foreign Fund enters, Local Funny Manager will sing "Rasa Sayang, Hei Rasa Sayang DonT move
so fast

Posted by Mudassar4766 > 2023-09-13 19:00 | Report Abuse

View today's live Inter Bank rates, Open Market rates and International forex market rates online: http://www.forextrading.pk/

Posted by Macgyver111 > 2023-09-13 20:43 | Report Abuse

This is something interesting that I read. Oil usd240...inflation habis lah tu. If really happen velesto take off to the moon man..hahaha!

"Since June, both benchmarks have tallied up a stunning gain of over 25% from their 2023 lows of $63 a barrel – with a long list of Wall Street banks now calling for prices to top $100 by year-end.

And the rally might not stop there!

Saudi Arabia has not ruled out the possibility of further production cuts this year, if necessary. A move which could send Oil prices climbing well into triple-digit territory by 2024, according to Goldman Sachs.

Speaking at the G20 Summit, Saudi Arabia’s Crown Prince Mohammed bin Salman declared “the Middle East will be the new Europe in the next five years”.

In a note to clients, JPMorgan said that “if Saudi Arabia wants to achieve this extravagant vision in the aggressive timeline set out, then they will need to target Oil prices at around $240 a barrel and keep them there for years”.

Posted by Macgyver111 > 2023-09-13 20:49 | Report Abuse

Imagine what is the DCR rate if oil trading at usd240...

Posted by aireez > 2023-09-14 12:15 | Report Abuse

sell 255 done
royalinvestor
manyak berat tahi miyak lorrr ini counter
my advise collect 1cts to 2cts bro
q at low sell on and off .... manyak untung lorrr
hahahahaaaaaa
Now q back at low level laa
heheheeheee
Lai2 ... come down faster im waiting to be in the boat back
😁😂🤣

Posted by rizal2020 > 2023-09-14 20:19 | Report Abuse

Now q back at low level laa
heheheeheee
Lai2 ... come down faster im waiting to be in the boat back

Ello bro u will miss the boat laa
WTI oso sdh hit Usd 90 bro
If u q at 250 now not sure u can get in Vele boat laa
😅

Posted by Macgyver111 > 2023-09-14 20:33 | Report Abuse

Why selling fast despite velesto in positive side.

Posted by Macgyver111 > 2023-09-14 20:36 | Report Abuse

Dah jual tak payah post sini tiam2 sdh ler..what you're trying to proof here.

Posted by piluba77 > 2023-09-14 23:48 | Report Abuse

anak forever flat

Posted by serpent100 > 2023-09-15 08:12 | Report Abuse

Today limit up ????? All oil n gas limit up ????

Posted by bullrun168 > 2023-09-15 08:26 | Report Abuse

Oil rises to highest in 2023 on tight supply expectations
By Arathy Somasekhar
September 15, 20232:58 AM GMT+8
https://www.reuters.com/markets/commodities/oil-prices-tick-up-markets-zoom-supply-tightness-2023-09-14/

HOUSTON, Sept 14 (Reuters) - Oil prices climbed on Thursday to their highest this year, as expectations of tighter supply outweighed worries about weaker economic growth and rising U.S. crude inventories.
Brent crude rose $1.82, or 1.98%, to settle at $93.70, after touching $93.89, its highest since November 2022.
U.S. West Texas Intermediate crude (WTI) gained $1.64, or 1.85%, to $90.16, closing above $90 for the first time since November.

Posted by serpent100 > 2023-09-15 09:01 | Report Abuse

Velesto gogogo….jgn kalah sama perdana pula

Posted by Lewis Lee > 2023-09-15 14:43 | Report Abuse

Yes ! Go go go .... Go to sleep !! 🤣

Posted by rizal2020 > 2023-09-15 17:05 | Report Abuse

Bravo ...
35m sleeping at 260
Nxt Wk continue lorr ....

Posted by faizalanuar > 2023-09-15 23:21 | Report Abuse

if goes by TA also, with current momentum will take 1 or 2 weeks to see it break..lets see if my reading is right🤔

Posted by Macgyver111 > 2023-09-18 10:23 | Report Abuse

Got burning smell lah..very sorry for those who sell earlier and eagerly waiting for cheap ticket...😄

Posted by Macgyver111 > 2023-09-18 10:25 | Report Abuse

All the way to 0.30c...2019 rally returned.

Posted by Lewis Lee > 2023-09-18 16:42 | Report Abuse

https://www.youtube.com/watch?v=JAb_PI9yjaA at "5:20"
technical analysis by a Chinese speaking youtuber ... if you understand chinese then watch it , if not ,
translation :-
basically he thinks "very-slow" has a great chance to PECUT liao !!!!

Posted by bullrun168 > 2023-09-19 07:51 | Report Abuse

Oil price continue it’s bull run
Brent $94.43 +0.50 +0.53 %

Posted by Nickhii90 > 2023-09-19 10:38 | Report Abuse

finally big elephant is moving

Posted by Eric Lim > 2023-09-19 10:44 | Report Abuse

because i sold all， kns

Posted by SinGor > 2023-09-19 10:44 | Report Abuse

raising Tide Lift All Boats ( as they said ) Huge Elephant is just a Dot in open sea

Posted by bullrun168 > 2023-09-19 10:51 | Report Abuse

Horrey, Super damn hot Velesto today ! 

Now Velesto already at
0.275 (+0.015) (+5.8 %)

Posted by Nickhii90 > 2023-09-19 10:56 | Report Abuse

o&g counters all back to lives..go go go..

Posted by specializedvenge > 2023-09-19 10:59 | Report Abuse

Sold 20% on hand justnow
Time to buy new bicycle.
Waiting to break 0.30😀