VELESTO ENERGY BERHAD
KLSE (MYR): VELESTO (5243)
You're accessing 15 mins delay data. Turn on live stream now to enjoy real-time data!
Last Price
0.195
Today's Change
-0.005 (2.50%)
Day's Change
0.195 - 0.20
Trading Volume
2,879,800
Financial
Market Cap
1,602 Million
NOSH
8,216 Million
Latest Quarter
30-Jun-2024 [#2]
Announcement Date
29-Aug-2024
Next Quarter
30-Sep-2024
Est. Ann. Date
29-Nov-2024
Est. Ann. Due Date
29-Nov-2024
QoQ | YoY
34.19% | 260.92%
Revenue | NP to SH
1,380,128.000 | 177,523.000
RPS | P/RPS
16.80 Cent | 1.16
EPS | P/E | EY
2.16 Cent | 9.02 | 11.08%
DPS | DY | Payout %
0.50 Cent | 2.56% | 23.14%
NAPS | P/NAPS
0.32 | 0.61
QoQ | YoY
34.37% | 762.18%
NP Margin | ROE
12.86% | 6.75%
F.Y. | Ann. Date
30-Jun-2024 | 29-Aug-2024
Latest Audited Result
31-Dec-2023
Announcement Date
30-Apr-2024
Next Audited Result
31-Dec-2024
Est. Ann. Date
30-Apr-2025
Est. Ann. Due Date
29-Jun-2025
Revenue | NP to SH
1,214,688.000 | 99,525.000
RPS | P/RPS
14.79 Cent | 1.32
EPS | P/E | EY
1.21 Cent | 16.10 | 6.21%
DPS | DY | Payout %
0.25 Cent | 1.28% | 20.64%
NAPS | P/NAPS
0.30 | 0.65
YoY
199.13%
NP Margin | ROE
8.19% | 4.04%
F.Y. | Ann. Date
31-Dec-2023 | 27-Feb-2024
Revenue | NP to SH
1,464,014.000 | 219,248.000
RPS | P/RPS
17.82 Cent | 1.09
EPS | P/E | EY
2.66 Cent | 7.31 | 13.69%
DPS | DY | Payout %
-
NAPS | P/NAPS
-
QoQ | YoY
17.09% | 246.63%
NP Margin | ROE
14.98% | 8.34%
F.Y. | Ann. Date
30-Jun-2024 | 29-Aug-2024
Hints :
Click the QoQ or YoY on table to view the QoQ or YoY Financial Result page.
Click the QoQ or YoY on table to view the QoQ or YoY Financial Result page.
Date
Financial Result
Financial Ratio
Per Share Item
Performance
Valuation (End of Quarter)
Valuation (Ann. Date)
| Date | Financial Result | Financial Ratio | Per Share Item | Performance | Valuation (End of Quarter) | Valuation (Ann. Date) | |||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| F.Y. | Ann. Date | Quarter | # | Revenue | PBT | NP | NP to SH | Div | Net Worth | Div Payout % | NP Margin | ROE | NOSH | RPS | Adj. RPS | EPS | Adj. EPS | DPS | Adj. DPS | NAPS | Adj. NAPS | QoQ | YoY | EOQ Date | EOQ Price | EOQ P/RPS | EOQ P/EPS | EOQ P/NAPS | EOQ EY | EOQ DY | ANN Date | ANN Price | ANN P/RPS | ANN P/EPS | ANN P/NAPS | ANN EY | ANN DY |
PBT = Profit before Tax, NP = Net Profit, NP to SH = Net Profit Attributable to Shareholder, Div = Dividend, NP Margin = Net Profit Margin, ROE = Return on Equity, NOSH = Number of Shares, RPS = Revenue per Share, EPS = Earning Per Share, DPS = Dividend Per Share, NAPS = Net Asset Per Share, EOQ = End of Quarter, ANN = Announcement, P/RPS = Price/Revenue per Share, P/EPS = Price/Earning per Share, P/NAPS = Price/Net Asset per Share, EY = Earning Yield, DY = Dividend Yield.
NOSH is estimated based on the NP to SH and EPS. Div is an estimated figure based on the DPS and NOSH. Net Worth is an estimated figure based on the NAPS and NOSH.
Div Payout %, NP Margin, ROE, DY, QoQ ⃤ & YoY ⃤ figures in Percentage; RPS, EPS & DPS's figures in Cent; and NAPS's figures in Dollar.
All figures in '000 unless specified.
Discussions
28 people like this. Showing 50 of 24,253 comments
Big boys are resting today, preparing for Merdeka Day celebrations tomorrow so you don't see better performance with improved quarterly results. No reason for its price to stay at this level for a prolonged period. Most IBs have buy calls on this counter.
1 month ago
Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$â¬Â£Â¥
Velesto
Year Earnings
2020 -492m
2021 -90.8m
2022 -100.0m
2023 +99.5m
2024 110 m (1H 2024)
Price 20.5 sen per share
Market Cap 1.684b
1 month ago
ya, i might need my underwear back la, asyik pegang telur je tgk velesto, jadi separuh masak nnt... hahaha
1 month ago
Yes agreed with you. As Velesto posted continuous profit by right, this should attract EPF to join in. Maybe their dividend is not favourable for them, but changes are likely.
4 weeks ago
https://www.klsescreener.com/v2/news/view/1384139/petronas-039-lower-exploration-activities-in-sarawak-to-affect-velesto-in-2025
Kenanga always bantai Velesto..adoi!!!
4 weeks ago
"Just wait EPF to buy back this counter.."
Rwan88, I don't know how many shares EPF has but it is not among the top 30 largest shareholders. Amanah Saham Bumiputra and PNB control over 40% of its shareholdings. Quite safe to invest at this level.
4 weeks ago
Lucky I run, I think it will drop even further before rebound
https://www.nst.com.my/business/corporate/2024/08/1098821/petronas-lower-exploration-activities-sarawak-affect-velesto-2025
4 weeks ago
No worries. Kenanga used the same news over and over again. It's considered factored in. Velesto already secured solid contracts. The only problem that we need to look ahead to is the oil price and other market sentiment.
4 weeks ago
The Group’s utilisation is expected to be lower in 2H 2024, due to three of our rigs, namely NAGA 2, NAGA 5 and NAGA 6,
which will be conducting their Special Periodical Survey and 5-yearly maintenance in the second half of the year.
4 weeks ago
KUALA LUMPUR: Velesto Energy Bhd has completed its mandatory five-yearly special periodical survey (SPS) for Naga 2.
Naga 2 completed SPS in 2 qtr. In 3 qtr, most probably Naga 5 and follow up by Naga 6 in the decent planning sequence. From 2nd QTR prospective, it is very clear that even with one rig under SPS, they still can deliver excellent QTR. Why?
Bcoz Higher DCR....
4 weeks ago
Malaysia population 33 mil----Thailand 72mil---Vietnam 99mil---Indonesia 283mil---Bangladesh 173mil---
Malaysia CAN export Oil bcos of population Size. Thai, Vietnam, Indo, Bangla All has coastal Oil Deposit
but their Oil exploration is way behind Malaysia in Size bcos their Economy just Exploded at the same
time as China ( 2000--2020 ). ( Malaysia Oil exploration date back in 1960 )
Population dictates Oil consumption--Thailand & Vietnam are pumping hundreds of million to Find Oil---
You really think Velesto has to depend on Petronas ---By the way Thailand pays more for Velesto Rigs than
Petronas
4 weeks ago
Wow. You guys are really doing your job nicely, know the company well. Keep it up.
3 weeks ago
Warren Buffett top pick during this uncertain time...
1. Oil & Gas (Oxy)
2. Insurance (CB)
3. Lsxmk and Lsxma (media/publishing)
3 weeks ago
OPEC+ has started discussing a possible delay to their planned easing of the production cuts after oil prices crashed in the past days to the lowest level in 9 months, sources in the alliance told Reuters on Wednesday.
3 weeks ago
I thought I am smart sold some at.27 and bought back some at .22
Up car too at last.
3 weeks ago
I have 3 stock on hand included this stock, all with good QR but the price move down to holland. KLSE is really suck.
3 weeks ago
alot of my contacts have exited Bursa and explored other markets.....easily and heavily manipulated....
Doing the same now....
3 weeks ago
PMX very smart..
"Prime minister wants Sarawak's demands to be managed “at the corporate level with Petronas without involving the federal government”.
3 weeks ago
If the federal government is not allowed to interfere and the deal is handled at the corporate level, then the chances for Petronas to win the court cases are high.
3 weeks ago
The deal is not yet over. It looks like Petronas is not going to give it up easily, and there might be some sort of government intervention in it. It was all about government royalty from Petronas. If Petronas revenue decreases, so will the government revenue. Think who will win the court case?
If Petronas wins, then Velesto shares price 🚀🚀🚀
If Petros then Velesto share --------------will be flat for some time.
3 weeks ago
Kami meninggalkan taklimat penganalisis VELESTO dengan perkara penting berikut: (i) Kadar penggunaan yang lebih baik daripada Naga 3 dengan DCR yang lebih tinggi daripada Naga 3 dan 5; (ii) Kadar penggunaan keseluruhan yang lebih rendah untuk dilihat pada 2HFY24 & FY25; dan (iii) Kecekapan operasi yang lebih tinggi untuk Perkhidmatan Penggerudian. Dengan pelarasan untuk kadar penggunaan keseluruhan yang lebih rendah tetapi kadar hari yang lebih tinggi dan kecekapan operasi yang lebih baik, kami melaraskan pendapatan kami untuk FY24/FY25/FY26 sebanyak +4.3%/- 11.7%/+24.1%. Kami menyemak sedikit TP kami kepada RM0.30/saham (sebelum ini RM0.34/saham) berdasarkan 12x CY25 EPS. Kekalkan Beli.
2 weeks ago
given many good news & recent good quarter report, but the price is still going further down, my interest to stay investing is start to fade. at least, stay above 0.20 cent. but keep on going down since the first quarter result, it's not something to be celebrated.. I am thinking to cut loss already.
2 weeks ago
Given what you said up there this means the stock is undervalued and being pressured by market decline O&G prices declined
I think you should be buying more at this point and waiting for market and sector correction
There is nothing wrong with the stock itself
2 weeks ago
Must understand, the market sentiment drags the price down not because of Velesto performance. 3 reasons for that
1st dispute between Petronas and Sarawak government (still on going)
2nd oil price drop
3rd recession fear shadowing the investors.
Wait for the court verdict in between Petronas and Sarawak government dispute...then everything might change.
Other O&G counters also drop (Armada, and Perdana)..even those who invest in Armada and Perdana also cursing... there's nothing we can do.
2 weeks ago
I like this guy's opinion on crude oil forecast...
https://m.economictimes.com/markets/expert-view/why-are-crude-oil-prices-falling-despite-a-weakening-dollar-rakesh-arora-answers/articleshow/113256186.cms
2 weeks ago
Ya maybe. That's why insiders buy. When Datuk Ling Kien is buying, that means for the short term. He might dispose at 0.30. Look at his past transactions. He does that frequently. Free lobster lah.
2 weeks ago
Almost all the IBs have buy calls on this counter with tps of above 30 sen a share but it just refuses to move up.
2 weeks ago
Don't make conclusion quickly. Need to break 0.25 first otherwise it's purely drive by Brent.
2 weeks ago
US Fed's 50-bp rate cut seen unleashing funds into Malaysian assets :: https://theedgemalaysia.com/node/727327
1 week ago
foreign buying, local quite----last round foreign selling, maybe different group started buying velesto again
4 days ago
https://oilprice.com/Latest-Energy-News/World-News/OPEC-Says-Phasing-Out-Oil-Is-Just-A-Fantasy.html
_______________________________________________
EU forcing others developing countries to go Green has suddenly losses All its teeth bcos BRICS suddenly
formed----BRICS are saying United Nations can kiss "my ass" on Climate policy. To pass ANY UN policy,
you need only EU and USA( total control ), now we have United BRICS council ( i coined this name ) controlling 59% of World trade
4 days ago
Is Velesto paid in USD ? If so, won't its revenue get massively affected by RM appreciation ?
4 days ago
Management didnT used Forex gain / loss in recognising Net profit so you see little impact ( QoQ. But higher ringgit will surely low profit ( a certain extend only ) bcos Contracts are in US$---However if ringgit trend is strong
management can always hedge against spare parts ( drill Bits, piping and even salary in Thailand & Vietnam )
3 days ago
Post a Comment
Featured Posts
Latest Videos
.png)
Apps
Top Articles
1
AmInvest Research Reports
Mynews Holdings - Near Term Positives Priced In. Downgrade to HOLD.
2
CEO Morning Brief
YTL, Related Stocks Slip Amid News Reports on 1BestariNet Investigation
3
Good Articles to Share
5
BFM Podcast
6
7
BFM Podcast
8
BFM Podcast
#
Stock
Score
Daily Stocks
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
Featured Advertisers / Partners
Ride The Bull Short The Bear
CS Tan
4.9 / 5.0
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
RJ87
welcome to bursa de casino
——————————————-
Epseps
Never fail. Good QR yet price dropping
56 minutes ago
1 month ago