VELESTO ENERGY BERHAD

KLSE (MYR): VELESTO (5243)

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Last Price

0.285

Today's Change

-0.005 (1.72%)

Day's Change

0.275 - 0.29

Trading Volume

51,153,700


27 people like this.

23,784 comment(s). Last comment by ronaldotheGOAT 2 days ago

RJ87

5,098 posts

Posted by RJ87 > 2 months ago | Report Abuse

I don't know if you have proven him a slanderer.

But you definitely proved yourself the "smaller" person and NOT the smarter one.

If so desperate to show ur e-penis somewhere, find a place on ur shelf and put it there.
----------------------
MrHuangBK

Hahahah.. auntie Felicia still avoiding the bet..

RJ87

5,098 posts

Posted by RJ87 > 2 months ago | Report Abuse

Any chance you happen to know when?

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Felix888999

Could have new contract announcement USD 130k per day rate to make the market crazy. 🤣🤣🤣🤣

Posted by Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥ > 2 months ago | Report Abuse



27-Feb-2024
Qtr ending 31-Dec-2023
Rev 358,885
PBT 79,865
NP 66,684
NPM 18.58%
ROE 2.70%
EPS 0.81
DPS 0.25
NAPS 0.30


Forecast EPS for next 4 qtrs:
0.81 sen x 4 = 3.24 sen

At 29 sen per share, P/E = 9.9x and P?NAPS = 0.97x,

Felix888999

1,642 posts

Posted by Felix888999 > 2 months ago | Report Abuse

Last new contract announcement was just 2 days before the disappointed QR result in Nov. This round there is no rushing to announce it but coming soon !

RJ87

5,098 posts

Posted by RJ87 > 2 months ago | Report Abuse

I think quite abit of short seller here. Probably hv to close their position by 4.30pm.
So, anyone hold should pull short squeeze to bump the price up before closing.

Posted by EatCoconutCanWin > 2 months ago | Report Abuse

buy in opportunity

Posted by Macgyver111 > 2 months ago | Report Abuse

Most probably EPF will start buying soon. It will help to push the price up further. EPF always looking for quick money.

KarmaS

22 posts

Posted by KarmaS > 2 months ago | Report Abuse

Follow EPF buy in!

Posted by Macgyver111 > 2 months ago | Report Abuse

Today quite hectic day for me. I miss out to lock TP @ 0.31..anyway I managed to locked @ 0.295..take some profit first la. Q to buy again below 0.28 consider ok la. I changed my investment technique...hold to long boring, no excitement in there..😁😆.

Felix888999

1,642 posts

Posted by Felix888999 > 2 months ago | Report Abuse

This one got profit just lock it. Got opportunity to collect back.

EAGLE

375 posts

Posted by EAGLE > 2 months ago | Report Abuse

Dividend laiii...

Posted by starleong84no1 > 2 months ago | Report Abuse

If today can maintain 0.30, should be can growth further. But closing stick back to 0.28. Seem no different, last few day also already achieve 0.28. Somehow if EPF coming in, sure no part 2, recent EPF quite like to play short term, earn and cabut. Unless......Fund Manager in, just like GENETEC, somehow GENETEC also special case which out of control (Some contribution from Tesla also). Anyhow if can break 0.30, can slowly climb up already need to appreciate.

Felix888999

1,642 posts

Posted by Felix888999 > 2 months ago | Report Abuse

Don't worry my friend, when contract with USD 120, 130k per day is announced, the market will be crazy.

Lewis Lee

1,613 posts

Posted by Lewis Lee > 2 months ago | Report Abuse

This counter can’t shoot up one … Jia lat ! 😅

sgrs33

10 posts

Posted by sgrs33 > 2 months ago | Report Abuse

unless got new contract news everything is being priced in,hopefully hope there is light at end of the tunnel for 1st quarter of 2024.

Neoh10855

40 posts

Posted by Neoh10855 > 2 months ago | Report Abuse

Today less people goreng.. Price going downtrend 😆

goldenhope

253 posts

Posted by goldenhope > 2 months ago | Report Abuse

PNB did planned to dispose all the shares in Velesto but quiet already

Tripaka

2,838 posts

Posted by Tripaka > 2 months ago | Report Abuse

Game haven't started.

Baby Shark

5,846 posts

Posted by Baby Shark > 2 months ago | Report Abuse

Hahahaha.. Buyer 20 million.. shark running la !

Tripaka

2,838 posts

Posted by Tripaka > 2 months ago | Report Abuse

Thanks velesto... hahaha 😂

junetan11

93 posts

Posted by junetan11 > 2 months ago | Report Abuse

wow. going to 0.40?

Felix888999

1,642 posts

Posted by Felix888999 > 2 months ago | Report Abuse

Syndicates already untung several rounds playing swing. Last year March dropped to 0.19 and climbing back, Dec also dropped to 0.20 and climbing back.

This going to swing around 0.28 to 0.35 before challenge another new high.

Felix888999

1,642 posts

Posted by Felix888999 > 2 months ago | Report Abuse

Follow the big wave created by syndicates, ride on it.

As IBs who promoting Velesto said Velesto hit record earning this quarter and key point is More to Come in coming quarter.

Year 2024 is the a dragon year, Velesto rigs are Naga (dragon in Malay). Huat Ong Hing year!!

SinGor

4,659 posts

Posted by SinGor > 2 months ago | Report Abuse

Constant Vol. over 50m after 66mil net profit announcement indicate building up to "First Wave"----estimate
between 30--50sens

EAGLE

375 posts

Posted by EAGLE > 2 months ago | Report Abuse

Lai lai lai

Posted by Macgyver111 > 2 months ago | Report Abuse

Some institutional want collect cheap..

Posted by Macgyver111 > 2 months ago | Report Abuse

Can queue @ 0.26/0.265..buy. 1st qtr 2024 expected good result. Lai lai..

Felix888999

1,642 posts

Posted by Felix888999 > 2 months ago | Report Abuse

This is very naughty counter also offers us a lot of opportunities. 🤣🤣🤣

Follow the syndicates, follow the wave and swing with them.

Expertise

1,381 posts

Posted by Expertise > 2 months ago | Report Abuse

250/245 lai lai

steven rt

185 posts

Posted by steven rt > 2 months ago | Report Abuse

Be careful big fish started the game, it's heading lower

EAGLE

375 posts

Posted by EAGLE > 2 months ago | Report Abuse

No staying power stay away

Posted by Macgyver111 > 2 months ago | Report Abuse

Buy on weakness. All rigs in full swing and revised DC rate. Up coming qtr should be better than last year.

Felix888999

1,642 posts

Posted by Felix888999 > 2 months ago | Report Abuse

So Macgyver what is your target re-entry price? 0.22 possible or not?

Expertise

1,381 posts

Posted by Expertise > 2 months ago | Report Abuse

good counter…I’m waiting tp match re-entry again…hope my second batch tp reach as you wish @Felix888999

Posted by Macgyver111 > 2 months ago | Report Abuse

So Macgyver what is your target re-entry price? 0.22 possible or not?

You cannot get 0.22 anymore unless certain circumstances. If you can get 0.26 is good enough. I consider below 0.30 is okay. In 2019, I enter @ 0.295 and within that year Vele shot up to 0.40 until covid 19 crashed the stock market. Good luck

RJ87

5,098 posts

Posted by RJ87 > 2 months ago | Report Abuse

Bursa de Casino, nvr buy within 2 weeks after QR. Sure lose money.

RJ87

5,098 posts

Posted by RJ87 > 2 months ago | Report Abuse

Will come short sell every QR out.

Felix888999

1,642 posts

Posted by Felix888999 > 2 months ago | Report Abuse

Maybe got chance to get some near 0.22. if the oil price dip below USD 80.

bullrun168

216 posts

Posted by bullrun168 > 1 month ago | Report Abuse

Wow, oil price was super bull !
Now Brent already at=>
$85.42 +$1.39 +1.65 %

Posted by newbietrader9 > 1 month ago | Report Abuse

little more dip & I'm in

Macgyver11

2,434 posts

Posted by Macgyver11 > 1 month ago | Report Abuse

No more dip I guess

Posted by jinting1997 > 1 month ago | Report Abuse

Prepare to fly !

SinGor

4,659 posts

Posted by SinGor > 1 month ago | Report Abuse

Supportive domestic capex by Petronas a boon for local oil and gas players. Premised on this and guided by the 3- year Petronas Activity Outlook (2023-2025), we see potential beneficiaries arising from a broad spectrum, as follows:

i. The rise in planned upstream activities, particularly for re-activation of idle wells and offshore platform fabrication that could benefit Velesto Energy, Malaysia Marine & Heavy Engineering and Sapura Energy;

ii. Stable provision of offshore support vessels (OSV) to support well drilling and projects (beneficiaries: Dayang Enterprise, Icon Offshore, Perdana Petroleum, Alam Maritim Resources and Coastal Contracts); and

iii. Catch up in planned offshore maintenance, construction and modification (MCM) works which have been delayed due to the Covid-19 pandemic (beneficiaries: Deleum (BUY, FV1.66/share), Dayang Enterprise, Sapura Energy and Icon Offshore).

Posted by newbietrader9 > 1 month ago | Report Abuse

If WTI crude oil can maintain & close above 82 after US market close tomorrow morning, selamat hari raya

EAGLE

375 posts

Posted by EAGLE > 1 month ago | Report Abuse

Lookin good. Lai lai lai.

SinGor

4,659 posts

Posted by SinGor > 1 month ago | Report Abuse

Petrobras spent the last two years replenishing its fleet and chartered over a dozen rigs for work in Brazil at a moment worldwide demand for deep-water equipment is strengthening and close to maximum utilisation, pushing dayrates close to the $500,000 threshold.
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Have no idea why and how Brazil Rigs can get $500,000 DayRate??? Velesto is Totally CON by Petronas

serpent100

215 posts

Posted by serpent100 > 1 month ago | Report Abuse

30 sen ….pls pecah kan…tunggu leher dh panjang cam ziraffa

Macgyver11

2,434 posts

Posted by Macgyver11 > 1 month ago | Report Abuse

Mungkin dia mahu kasi dip sekali lagi sblm break 0.30..peluang masih ada lagi.

EAGLE

375 posts

Posted by EAGLE > 1 month ago | Report Abuse

Velesto tak mau jadi PSC ka? Kasi steady revenue.

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