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
0.265
Today's Change
0.00 (0.00%)
Day's Change
0.26 - 0.27
Trading Volume
30,866,300
Details of Changes
Securities After Change
Transactions
| Ann. Date | Name | Details of Changes | Securities After Changes | |||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Date | Type | No. of Shares | Price | Direct (%) | Indirect (%) | Total (%) | ||||
Discussions
28 people like this. Showing 50 of 24,001 comments
If they really looking at Middle East for future bidding...what about rigs services for Petronas?
Solution: Tendered contract to other drilling service provider, like deep water drilling project (JV) that they announcement recently and etc.
Just my guessing..😀
3 weeks ago
It seems to me that they are looking for a way to expand their business to the next level.
3 weeks ago
They know...It's not always possible to depend on Petronas, but they should not neglect them either.
3 weeks ago
https://oilprice.com/Energy/Energy-General/The-Asia-Pacific-Region-Is-Emerging-as-a-Carbon-Capture-and-Storage-Hub.html
_____________________________
This is Velesto Big Biz
3 weeks ago
Petronas’ unit inks deal to certify CO2 storage sites for local CCS projects:: https://theedgemalaysia.com/node/714604
I think not Velesto day. Petronas just inked agreement with DNV for CCS project.
3 weeks ago
DNV has a solution to pump CO2 into storage so they got the Management Job---But the Hard part is how to
physically pump CO2 underground requires Platform, transportation, and strong pumps to push CO2 into
Ground storage----Only Velesto and SAP has this type of Equipment in Malaysia water
3 weeks ago
aiyah this counter sleeping for so long lah . its long long due but also dont be happy always just up 2 cents then down 3 cents.
2 weeks ago
Wow, oil price was spike up like mad !
Brent closed at=>
$81.63 +$2.01 +2.52 %
Like that today Velesto will be limit up already to closed at =>
0.575 (+0.30) (+109.1 %) !
Heng ah, Ong ah, Huat ah !
2 weeks ago
Crude had a major rebound. Warren Buffet non stop buying OXY. Given the volume we had yesterday, is today the day this break out? The absence of sellers and more buyers?
But I remember this counter is Velesto. So I better not get my hopes up or I’ll be disappointed again.
2 weeks ago
Ini counter cartel sindiket control. Trade among themselves only to trap small fishes. Hahaha...if no holding power, stay away or get burned.
2 weeks ago
Not energy theme right now. All the big2 shark go to Data centre right now. Energy theme will follow once DC fever is over..sabar2 not long.
2 weeks ago
Wow! Brent usd 84 now. It means DCR for usd 100 and above is imminent. O&G bull run coming soon.
1 week ago
No point if i sell at this level, it's just make the operator happy collecting lower. Maybe I am wrong, but fundamentally, it looks good. It's just in the technical analysis called "noise" made by syndicate group. However, I maintained that I will not averaging at this level because no more asset to be allocated.
1 week ago
I know you guys frustration. You guys maybe miss lot of opportunities in Data centre counters that recently emerged hot..go all time higher. Smart said, don't put all your eggs in one bucket. I used to kept some spare money to use during this kind of bull run. But believed me, Velesto will erupt suddenly without notice..happened before. For those who follow veleslow for long period will know the real story. Patience sabar.
1 week ago
https://oilprice.com/Energy/Crude-Oil/80-More-Years-of-Oil-The-Big-Attraction-of-Carbon-Capture.html
_____________________________
80years more for oil usage ( DonT dump your Old proton saga yet ---save for your grand Children )
1 week ago
Falling wedge ...possible 0.25 is bottom. No point selling now continue to hold and wait for top
1 week ago
It is not a question of reaching bottom or price falling, it is running flat. Normally, mid-to-long-term investors see like this...before it reaching the next level. For untrained eyes, they see zig-zag patterns. For short traders, they will make noise...lousy stock lah, go Holland lah and so on.
1 week ago
still have rig contracts. not as good as data centre frenzie but double bottom for a reversal up soon from 0.25. It is not like it is a P17 company... has a reducing debt equity ratio from 49% to 13%. Maybe drop because PE higher than dayang hibiscus.
1 week ago
if you see the weekly chart it is on a rising sma20 and at bottom of linear regression channel. I opine it is still positive although not as good as EG Notion JCY hexcap etc
1 week ago
Walaoeh, oil price spike up like mad !
Brent closed at=> $86.01 +0.77 +0.90 %
Heng ah, Ong ah, Huat ah !
5 days ago
Walaoeh, what happend ?
Super damn hot man Velesto today !
Now Velesto was traded at @0.255 (+0.005) (+2.0 %)
Heng ah, Ong ah, Huat ah !
5 days ago
Expertise, the dip is 25 cent this morning if you able to grabbed it, now no more already !
From today onwards is the start of bull run for O & G counters already !
T.p for Sep 2024 => 0.30
T.p for Dec 2024 => 0.50
T.p for Mar 2025 => 0.70
T.p for Jun 2025 => 0.90
T.p for Sep 2025 => RM1.20
T.p for Dec 2025 => RM1.50
Heng ah, Ong ah, Huat ah !
5 days ago
Expertise, the dip is 25 cent this morning if you able to grabbed it, now no more already !
From today onwards is the start of bull run for O & G counters already !
T.p for Sep 2024 => 0.30
T.p for Dec 2024 => 0.50
T.p for Mar 2025 => 0.70
T.p for Jun 2025 => 0.90
T.p for Sep 2025 => RM1.20
T.p for Dec 2025 => RM1.50
Heng ah, Ong ah, Huat ah !
5 days ago
Hope is not a fake rebound lor...risky too ,the chart near sma200 that bottom aroun 20cents..Heng ah
5 days ago
Wow, Fantastics !
Now Velesto was traded at @0.26 (+0.01) (+4.0 %)
Heng ah, Ong ah, Huat ah !
4 days ago
Some institutional take profit last couple weeks including HL bank, Manulife, Fidelity and etc. I saw some new IB (foreign bankers), take this opportunities and buy in during price drop. Hope price will rise back after this.
2 days ago
CGSI Research said Velesto’s rig schedule suggests that it could hit over 90% utilisation in FY25.
PETALING JAYA: Velesto Energy Bhd is building strong earnings visibility for its financial year ending Dec 31, 2025 (FY25) and FY26, says CGS International (CGSI) Research.
The research house said Velesto’s latest rig schedule suggests an 82% rig utilisation rate for FY24, given all six of its jack-up rigs have already locked-up their contracts, with potential to rise above 90% in FY25, and at least 85% in FY26.
As Velesto is bidding for FY26 work in today’s high daily charter rate (DCR) environment, there is potential to sustain high profitability for the next three years, it noted.
“The key uncertainty is for second half of this year (2H24), where Velesto will send three of its rigs (Naga 2,
“Naga 2 is contracted to drill for PETRONAS Carigali Sdn Bhd (PCSB) from Oct 2024 to Feb 2026; Naga 4 will drill for PCSB from Sept 2023 to Feb 2026; Naga 6 is contracted by PCSB from Dec 2024 to Feb 2026; while Naga 8 has been drilling for Carigali Hess since July 2023 and will continue until Oct 2025,” it said.The research outfit, however, pointed out that big gaps in the FY25 schedule are for Naga 3 and Naga 5.
But, citing data provider Riglogix, CGSI Research said Naga 3 may work for Indonesia’s national oil company PT Pertamina for two years commencing April 2025, while Naga 5 may drill for PTT Exploration and Production in Malaysia for two years commencing Dec 2024.
2 days ago
Post a Comment
Featured Posts
New Update. Discover investment communities that resonate with your ideas
Apps
Top Articles
1
Stock Pick Contest Year 2024
2
Flowinvestment
3
BFM Podcast
4
BFM Podcast
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....
Macgyver111
This comes after our PM recent visit to Saudi. This is our PM statement during press conference...
"We have also requested that they (Saudi Arabia) take a look at our capable companies not only in investments but also for them (to be given opportunities to secure) development, construction and information technology contracts in Saudi Arabia.
"This means being given present opportunities – for example, large projects in Neom. It seems that Malaysia is being considered. That's why I am of the view that personal support from foreign leaders is vital for them to pay attention to Malaysia," Anwar said during the programme.
Some doubt running in my mind..are Saudi going hired Velesto rigs (after suspended USA rigs services)
3 weeks ago