VELESTO ENERGY BERHAD

KLSE (MYR): VELESTO (5243)

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Last Price

0.195

Today's Change

-0.005 (2.50%)

Day's Change

0.195 - 0.20

Trading Volume

2,879,800


28 people like this.

24,253 comment(s). Last comment by SinGor 3 days ago

leelc99

871 posts

Posted by leelc99 > 2016-08-24 16:05 | Report Abuse

Habis ini counter

Posted by ScrewDriver > 2016-08-24 16:06 | Report Abuse

Anyone had cutlost?

Posted by ScrewDriver > 2016-08-24 16:38 | Report Abuse

Cut lost?

nicky

3,351 posts

Posted by nicky > 2016-08-24 18:48 | Report Abuse

Why morning up n down in the afternoon ?

Posted by ScrewDriver > 2016-08-24 19:22 | Report Abuse

Strong selling pressure?

2016v

310 posts

Posted by 2016v > 2016-08-24 19:32 | Report Abuse

stock to avoid

Posted by ScrewDriver > 2016-08-24 22:38 | Report Abuse

still holding? cut lost already?

zulmuiz

1,313 posts

Posted by zulmuiz > 2016-08-24 22:52 | Report Abuse

Insider cant avoid. In less than a month we will getting our bonus through market. Always positive thinking on it. So so sorry guys

JoshuaMS7

4,309 posts

Posted by JoshuaMS7 > 2016-08-25 04:25 | Report Abuse

Ya. Hopefully next week getting good news from opec Russia meet!

snwong13

720 posts

Posted by snwong13 > 2016-08-25 08:15 | Report Abuse

.
drop back, but in line (http://klse.i3investor.com/blogs/kltrader/102814.jsp)...
can see many do downward collection while contra players selling down!!
but for longer term, please.
many believes in Top 5 shareholders of UMWOG!
contract play in oil counters, not advisable!
Good Luck!

octop

200 posts

Posted by octop > 2016-08-25 15:21 | Report Abuse

Daily Oil price is only important for retailer because that create prospect. Generally, no one in O & G spending extra money at least this & next year. Unfortunately that's also what UMWOG needs as an upstream focus company. So ... good news or bad news, don expect too much. Don ever follow EPF & PNB activity ... if you haven't being tricked enough (to buy)!

Posted by ScrewDriver > 2016-08-25 15:49 | Report Abuse

For those who didn't cut-lost, holding sounds like suicidal. IMO

Posted by ScrewDriver > 2016-08-25 16:18 | Report Abuse

Those who are still holding are qualified for suicide squad.

Posted by _OptimusPrime_ > 2016-08-25 16:21 | Report Abuse

those who recommended this stock is a genuine moron.

JamesPond

429 posts

Posted by JamesPond > 2016-08-25 17:22 | Report Abuse

Optimus..Maybank recommend buy with TP RM1.16. Genuine morons analyst working there!!!LOL. Strange counter. Both TA & Maybank analyse same thing but give totally extreme opposite recommendation

Posted by _OptimusPrime_ > 2016-08-25 17:23 | Report Abuse

if analyst so good no need to work lah, come out to trade full time liao. understand??

BigDaddyCool

1,806 posts

Posted by BigDaddyCool > 2016-08-26 01:15 | Report Abuse

Brent & crude oil is surging up after a massive short yesterday.Iran agreed to be part of the deal pact with OPEC member to freeze production.bull is coming with long leaving bearish behind.watch out today

zulmuiz

1,313 posts

Posted by zulmuiz > 2016-08-26 08:42 | Report Abuse

normally it wont impact much at this stages. but for sure in a month we can see the movement pending positive result by end of next month. Profit guarantee

JoshuaMS7

4,309 posts

Posted by JoshuaMS7 > 2016-08-26 08:55 | Report Abuse

it should have fundamental recovery soon

Investhor

532 posts

Posted by Investhor > 2016-08-26 08:58 | Report Abuse

crude is moving upwards and this counter will rebound for sure

Investhor

532 posts

Posted by Investhor > 2016-08-26 08:59 | Report Abuse

just need to be patient

zulmuiz

1,313 posts

Posted by zulmuiz > 2016-08-26 12:34 | Report Abuse

agree with all positive thinker comments here. wish u all a very good luck

Tham Leong

247 posts

Posted by Tham Leong > 2016-08-26 21:05 | Report Abuse

Look at skpet i buy umwog

JoshuaMS7

4,309 posts

Posted by JoshuaMS7 > 2016-08-26 22:12 | Report Abuse

opec and non opec meeting seems confirmed! But if they want higher oil price then must cut production! Freeze doesn't help much! Thinking possible for the cut and how much they wiling cut..

JoshuaMS7

4,309 posts

Posted by JoshuaMS7 > 2016-08-26 22:24 | Report Abuse

monday really need attack umwog to the sky!!

richkid

8,140 posts

Posted by richkid > 2016-08-27 07:47 | Report Abuse

UMWOG is also sitting comfortably on a cash pile of RM909.19mil in proceeds from its initial public offering (IPO) in 2013, which cushions its against further cash flow pressure.

On the other hand, the group reported a net loss of RM67.25mil and revenue of RM130.01mil for the second quarter ended June 30, 2016 (Q2FY16).
http://www.thestar.com.my/business/business-news/2016/08/27/credit-crunch-persists-in-oil-and-gas/

murali

5,723 posts

Posted by murali > 2016-08-27 07:52 | Report Abuse

Total borrowings rm3.4 billion vs cash rm0.9 billion woh

Posted by ScrewDriver > 2016-08-28 13:39 | Report Abuse

Let's be honest, anyone recently bought umwog shares after the bad quarter result was released (ie 23rd of aug onwards)? Mind to share your opinion on why buying after the bad quarter result? Just curious about it. Tqvm.

zulmuiz

1,313 posts

Posted by zulmuiz > 2016-08-28 17:55 | Report Abuse

The bad qr due to low oil pruce. Looking at current trend its the bull run for oil. Buy when still low so can maximum the profit. Dont always be in negative perception and also balance with positive mind set

zulmuiz

1,313 posts

Posted by zulmuiz > 2016-08-28 23:18 | Report Abuse

Tomorrow will be a turning point again and hard to get low one in queing to buy. Plan B still available.

Posted by ScrewDriver > 2016-08-29 11:59 | Report Abuse

Don't drop further already need to bersyukur, don't be too greedy.

JamesPond

429 posts

Posted by JamesPond > 2016-08-29 13:26 | Report Abuse

Murali, Borrowings should be RM3.7B because RM308M borrowed from parent is also borrowings!!

Posted by Gan Soon Kian > 2016-08-29 16:40 | Report Abuse

y keep sell low??please queue upstream...

Posted by Jolin Lai Chi Pet > 2016-08-29 21:24 | Report Abuse

any kind of good company also got debts. So, why u all worry too much? UMWOG is for long term. TP Rm5 in next 2 years...............

coolkm

26 posts

Posted by coolkm > 2016-08-30 07:42 | Report Abuse

@Jolin... they are worry because what there are holding is C4 C5 expiring in 2to3 month .. they cant wait 2 years.

zulmuiz

1,313 posts

Posted by zulmuiz > 2016-08-30 08:20 | Report Abuse

Ok today those still hold can sell or buy to average down if any to minimise loses or may be can do some profit. Advisable to hold mother shares for at least period of 1 year. Profit Guarantee based on oil prices trend

zulmuiz

1,313 posts

Posted by zulmuiz > 2016-08-30 12:51 | Report Abuse

this evening possible flying to gain more sapu the C first. but must wait mother dancing.

zulmuiz

1,313 posts

Posted by zulmuiz > 2016-09-01 01:06 | Report Abuse

Tomorrow will see mother shares reverse dancing. Oil price support level broken. wait, maybe more lower price can get.

JamesPond

429 posts

Posted by JamesPond > 2016-09-01 14:13 | Report Abuse

Jolin, yes agree any good co also got debts, but shouldn't debts be accompanied by good assets that generate cash in flows to at least service the interest,never mind principal repayment? Based on TA Securities report, Naga 2,3 and 5 are idle and most likely, Naga 4 & 7 are also idle. Hopefully these assets can get some contract awards in the near future (whether real or rumoured) and achieve your TP RM5.00

Posted by Gan Soon Kian > 2016-09-01 14:48 | Report Abuse

lets push push push!!push it up up up!! come come come

zulmuiz

1,313 posts

Posted by zulmuiz > 2016-09-02 11:01 | Report Abuse

tonight oil price is expected to rebounce higher as analyst remarks. Maybe can buy to make easy profit.

Posted by Gan Soon Kian > 2016-09-02 12:59 | Report Abuse

where u c the analyst

zulmuiz

1,313 posts

Posted by zulmuiz > 2016-09-03 00:59 | Report Abuse

Dont question people with no trust in heart. At this current of time oil price clearly rebounded ok.

Berkat

582 posts

Posted by Berkat > 2016-09-03 03:27 | Report Abuse

Lambat laa this umwog.. Operator play pun kasi retails rugi saja .. Orang marah oooo.. Kasi sama2 untung laaa Bila play , baru Boleh hidup lama. ..

zulmuiz

1,313 posts

Posted by zulmuiz > 2016-09-03 11:43 | Report Abuse

True as what u mention Berkat. But guys only few week to wait before Sept16 end can see the bonus (more than profit) in making is coming

zulmuiz

1,313 posts

Posted by zulmuiz > 2016-09-05 08:26 | Report Abuse

happy trading with profit guarantee guys today wish it will be.

zulmuiz

1,313 posts

Posted by zulmuiz > 2016-09-05 15:18 | Report Abuse

Currently light crude oil futures is on uptrend higher now .. buy while can sure tonight boom dont be left out

JoshuaMS7

4,309 posts

Posted by JoshuaMS7 > 2016-09-05 16:51 | Report Abuse

later saudi going announce big news!! any insider news??

zulmuiz

1,313 posts

Posted by zulmuiz > 2016-09-05 17:04 | Report Abuse

no need from insider even i know, just wait for the profit run more tomorow.

Mgician

716 posts

Posted by Mgician > 2016-09-05 17:06 | Report Abuse

but Iran ready to pump more ?

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