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THE INVESTMENT APPROACH OF CALVIN TAN

Author: calvintaneng   |   Latest post: Mon, 18 Mar 2019, 08:01 AM

 

TOP 10 REASONS WHY VELESTO (5243) OR UMW O&G IS THE BEST BUY NOW (Potential Upside 200%), Calvin Tan Research

Author:   |    Publish date:


Hi guys

 

As most O&G stocks like Carimin, Naim, Dayang & Penergy have gone up 100% to 200% from its lows Calvin has unearthed another Great O&G Stock yet to run up

That Stock is VELESTO (5243) Or UMW O&G

At Its early days of IPO (2013 to 2014)  UMW O&G Was As High As Rm4.63

But in Year 2014 Due to Brent Crude Oil price crashed to a low of USD27 Petronas cut down from 39 Oil Rigs to only 14 Oil Rigs

As a result UMW 0&G  business contracted & its share price collapsed all the way till now (UMW O&G was later sold to Amanah Saham Bumi) & Name changed to VELESTO

 

AND NOW THESE ARE SOME VERY GOOD TURNING POINTS FOR VELESTO

 

1) PETRONAS HAS INCREASED UPSTREAM EXPENSE FROM RM11.5 BILLIONS (2018)  TO RM15 BILLIONS (2019) THIS YEAR

That means that there will be EXTRA 30% CASH INFUSION INTO UPSTREAM O&G ACTIVITIES

CARIMIN, DAYANG, PENERGY, BINTULU PORT HAVE SEEN INCREASING REVENUES DUE TO  O&G ACTIVITIES FOR YEAR 2018. AND GOING INTO YEAR 2019 IT WILL SEE EVEN MORE ACTIVITIES

 

All Due to these Factors

2)) Brent Crude Price has gone back up above USD65.00 per barrel

SO IT IS VIABLE TO EXTRACT MORE OIL

 

3) Govt wants more Dividend from Petronas (Currently Petronas gave Rm24 Billions usual dividend PLUS A Special Dividends of RM30 Billions = Total Rm54 BILLIONS)

 

4) RAPID REFINERY In Completion also require EXTRA 54.7 MILLION BARRELS OF CRUDE YEARLY

So all these Converging Factors Have Fired Up O&G Stocks

 

5) VELESTO HAS RECEIVED 6 JOB AWARDS SINCE YEAR 2018

Making a Very Good Track Record of securing over Half a Billion Ringgit Revenue for Year 2018 & 2019

And More Jobs going into Year 2019 as PETRONAS IS STEPPING UP OIL EXPLORATION

 

6) SEEING SUCH GOOD PROSPECTS AMANAH SAHAM BUMI HAS BOUGHT ANOTHER 31 MILLION VELESTO SHARES

 

See

 

Changes in Sub. S-hldr's Int (Section 138 of CA 2016)

VELESTO ENERGY BERHAD

 

Particulars of substantial Securities Holder

Name AMANAHRAYA TRUSTEES BERHAD - AMANAH SAHAM BUMIPUTERA
Address Tingkat 4, Balai PNB 
201-A, Jalan Tun Razak 
Kuala Lumpur 
50400 Wilayah Persekutuan 
Malaysia.
Company No. 766894-T
Nationality/Country of incorporation Malaysia
Descriptions (Class) Ordinary Shares

Details of changes

No Date of change
No of securities
Type of Transaction Nature of Interest
1 04 Mar 2019
31,133,742
Acquired Direct Interest
Name of registered holder AMANAHRAYA TRUSTEES BERHAD - AMANAH SAHAM BUMIPUTERA
Address of registered holder Tingkat 4, Balai PNB 201-A, Jalan Tun Razak, 50400 Kuala Lumpur
Description of "Others" Type of Transaction  

 

Circumstances by reason of which change has occurred Acquisition of shares
Nature of interest Direct Interest
Direct (units) 3,201,371,044
Direct (%) 38.967
Indirect/deemed interest (units)  
Indirect/deemed interest (%)  
Total no of securities after change 3,201,371,044
Date of notice 04 Mar 2019
Date notice received by Listed Issuer 06 Mar 2019


 


Announcement Info

Company Name VELESTO ENERGY BERHAD
Stock Name VELESTO
Date Announced 06 Mar 2019
Category Change in the Interest of Substantial Shareholder Pursuant to Section 138 of CA 2016
Reference Number CS2-06032019-00005
 

 

 

 

7) ALTHOUGH VELESTO HAS 8 BILLION SHARES ITS TOP 30 HOLDERS ARE AMANAH SAHAM BUMI, PNB & TOP LOCAL & FOREIGN FUNDS

80% ARE OWNED BY THESE STRONG HOLDERS

ONLY 1.6 BILLION SHARES OR REMAINING 20% SHARES  ARE IN FREE FLOAT

 

8) SINCE PENERGY, CARIMIN & DAYANG HAVE ALREADY RUN UP SO MUCH IN PRICE IT IS A WISE STRATEGY TO TAKE SOME PROFITS IN THESE & BUY SOME LAGGARD VELESTO

 

9) VELESTO COULD BE ANOTHER DAYANG OR A HIDDEN GEM

 

10) JUST LIKE NAIM WAS SOLD DOWN TO 45 SEN AFTER CAPITAL EXERCISE VELESTO HAS ALSO BEEN SOLD DOWN TO ONLY 28 SEN (DUE TO CAPITAL EXERCISE RECENTLY)

I CALLED FOR A BUY ON NAIM AT 50 SEN. NAIM REACHED RM1.00 FOR 100% UPSIDE RECENTLY

SO VELESTO IS NOW 28 SEN

WHAT IS THE TARGET PRICE FOR VELESTO?

CALVIN HAS A ONE YEAR TARGET PRICE FOR VELESTO AT RM1.00

 

SO FROM HERE THERE IS A POSSIBLE 200% OVER UPSIDE

 

BEST REGARDS

Calvin Tan

Singapore

 

Please buy or sell after doing your own due diligence

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Labels: VELESTO

Related Stocks

Chart Stock Name Last Change Volume 
VELESTO 0.29 -0.015 (4.92%) 16,237,100 

  Be the first to like this.
 
calvintaneng Best News for VELESTO

Petronas Increase Oil Rigs from 15 to 25 & up to 29 Oil Rigs

Or up 40% to 93%

VELESTO IS A SPECIALIST IN OIL RIGS

See

https://www.thestartv.com/v/petronas-rigs-in-malaysian-waters-to-increase
11/03/2019 19:46
calvintaneng AND THESE ARE THE JOB AWARDS FOR VELESTO FROM 2018 TILL NOW

! CONTRACT EXTENSION FOR THE PROVISION OF JACK UP DRILLING RIG SERVICES FOR HESS EXPLORATION AND PRODUCTION MALAYSIA B.V.

USD38 MILLIONS or 38,000,000 x 4.09 = RM155.4 MILLIONS

http://www.bursamalaysia.com/market/listed-companies/company-announcements/6061861


2. AWARD OF CONTRACTS FOR THE PROVISION OF JACK-UP DRILLING RIGS (NAGA 3 AND NAGA 5) FOR PETRONAS CARIGALI SDN BHD

USD10.8 Millions or 10,800,000 x 4.09 = RM44.17 MILLIONS


3.CONTRACT FOR THE PROVISION OF JACK UP DRILLING RIG SERVICES FOR SARAWAK SHELL BERHAD / SABAH SHELL PETROLEUM COMPANY LIMITED

USD25 Millions or 25,000,000 x 4.09 = RM102.250 MILLIONS


4. CONTRACT FOR THE PROVISION OF ONE (1) JACK-UP DRILLING RIG AND ASSOCIATED SERVICES FOR D35, FOR ROC OIL (SARAWAK) SDN BHD

USD31.038 Millions or 31,038,000 x 4.09 = RM126.94 MILLIONS

NOW LET'S SUM UP 4 JOB AWARDS

155.4 Millions
44.17 Mil
102.250 Mil
126.94 Mil

RM428.76 MILLIONS

SO KNOWN FIGURES IS ALREADY MORE THAN FOUR HUNDRED AND TWENTY MILLION RINGGIT!


AND MORE AWARDS WITH NO FIGURE DISCLOSED


5. UMBRELLA CONTRACT FOR THE PROVISION OF 460K DRILLING HYDRAULIC WORKOVER UNIT (HWU) FOR PETRONAS CARIGALI SDN BHD ("CONTRACT") OR ("AWARD OF CONTRACT") (CONTRACT NO: CHO/2017/WELLS/1022 (B))

This is a 3 Year Contract (Sum not disclosed)


6. UMBRELLA CONTRACT FOR THE PROVISION OF 340K AND 460K HYDRAULIC WORKOVER UNIT FOR PETRONAS CARIGALI SDN BHD ("CONTRACT") OR ("AWARD OF CONTRACT")

This is also a 3 Year Contract

But read again the details

The Contract is for the provision of HWU to undertake workover services for PETRONAS Carigali under an umbrella contract. It calls for the use of all or any of UWO’s five (5) HWU, namely UMW Gait 1, UMW Gait 2, UMW Gait 3, UMW Gait 5 and UMW Gait 6 to undertake workover services, which are services rendered in performing maintenance and/or remedial treatments on an oil or gas well.

There are 5 Workover Jobs instead of usual one.
SO THIS IS QUITE A BIG JOB

If the First 4 Job Awards Garnered Rm428 Millions worth of Revenue or RM107 MILLIONS PER JOB AWARD AVERAGING -- WE CAN SAFELY DEDUCT THAT THE LAST 2 JOB AWARDS EASILY GARNER ANOTHER RM200 MILLIONS OR MORE

SO VELESTO ALREADY GOT 6 JOB AWARDS WITH OVER RM600 MILLIONS IN REVENUE IN THE BAG

AND GOING INTO YEAR 2019 WITH EVEN MUCH BRIGHTER PROSPECT DUE TO PETRONAS INCREASING OIL RIG COUNT BY 40% TO 93%
12/03/2019 07:55
smalltimer Last week u call for penergy
12/03/2019 08:09
Bull Penergy rise from 0.7 to 1.2 . Calvin is the best.
12/03/2019 08:31
calvintaneng Posted by smalltimer > Mar 12, 2019 08:10 AM | Report Abuse

Last week u call penergy now its finishef?


Whoa smalltimer from Pm Corp's time!!

Welcome!

Yes!

PENERGY the Pent Up Energy

I got 100,000 shares of Penergy bought at around 70 sen

So because I SEE BETTER PROSPECTS IN VELESTO I sold half of PENERGY around Rm1.17 & Bought into VELESTO!!!

Calvin is still keeping 50,000 Penergy shares for higher price.

Sifu John Neff taught me to sell into strength & plough back capital into under value stock with potential

And I think VELESTO is my next CHUN CHUN ONE

hmmm

Let's look at the word, VELESTO, again

VE = VERY GOOD

LE = LET

S = US

TO = TOGETHER

SO VELESTO MEANS "VERY GOOD LET US TOGETHER GO HANTAM VELESTO KAW KAW!!
12/03/2019 08:36
Bull Thanks Calvin. Best in i3
12/03/2019 08:50
calvintaneng WITH OVER RM600 MILLIONS JOB AWARDS ALREADY IN THE BAG OF VELESTO

AND WITH BRIGHTEST PROSPECT EVER ENTERING INTO YEAR 2019 WHERE PETRONAS ALREADY STATED THE INCREASE OF OIL RIG FROM 15 TO 25 OR 29 (UP 40% TO 93%)

VELESTO IS AT THE VERY OUTBREAK OF VERY VERY POWERFUL EARNINGS GROWTH
12/03/2019 10:10
calvintaneng Today the last of those who got bonus umw og shares from UMW might be selling plus all stale holders

ONCE CLEARED VELESTO WILL CROSS 30 SEN AND NO LOOKING BACK FOR A VERY LONG TIME

WHAT YOU ALL SHOULD DO

1) BUY AS MUCH AS YOU CAN WHILE YOU CAN GET BELOW 30 SEN.

2) SELL OTHER OVERVALUED STOCKS LIKE DAYANG AND SWITCH TO VELESTO
SELL MFLOUR AND SELL IFCA ALSO. SELL ALL OTHERS WHICH YOU THINK CANNOT GIVE YOU 100% PROFIT AND BUY VELESTO

3) SELL & CLEAR DEAD STOCKS (CUTLOSS NOW) BUY AND MAKE BACK FROM VELESTO

REMEMBER:

ONE POSITIVE POWERFUL BULL OF BULLS STOCK LIKE VELESTO WILL MAKE UP FOR YOUR OTHER LOSSES IN BAD STOCK!!!

DO IT AND DO IT NOW!!
12/03/2019 10:45
Bull Bye..Bye..30 sen!! all naysayers /those trap at high/ bonus free umwog share already sold. Sky is the limit
12/03/2019 12:38
Leoleo valesto can ? debt level ok ga ? what is the debt gearing ? Calvin
12/03/2019 15:43
calvintaneng Gearing very ok only 0.3

VERY MUCH BETTER THAN SAPNRG OR ARMADA
12/03/2019 16:05
calvintaneng Ivan9511

Petronas already mandated by Malaysia Govt to award projects in Malaysian waters to Only Malaysian Companies

So Armada being world player will be left out

Plus high debt drag it down

Velesto is free as a bird

AND will get lion shares of job awards

So Earnings Growth will show very very strongly in Velesto in coming months

Best course of action is sell armada. Sell sapnrg.

All SAPU velesto kaw kaw
12/03/2019 15:44
X
calvintaneng Last time in year 2006 there were 3 stocks

1. Pintaras jaya at 70 plus sen

2. Protasco at 70 plus sen

3. Prinsiptek also 70 plus sen

Not know value I bought all 3

It was easy to get Prinsiptek. A little harder to get protasco. But hardest to buy cheap was pintaras jaya. All around 70 sen plus

Then I found out

All 3 stocks with P do not perform the same over the years

Prinsiptek was a real rubbish that is lousy till now

Protasco performed well for a time with good dividends

BUT Pintaras Jaya is the best

It went up 1,000% to Rm7. 00 and split

If I know now like I did with the 3 P stocks last time on hindsight. I would have bought into Ptaras kaw kaw at 70 plus sen

So listen listen listen

Don't be sidetracked by sapnrg or armada going nowhere later
. Go sell both and buy up Velesto kaw kaw now
12/03/2019 16:05
Leoleo ok onboard
12/03/2019 16:29
Wee Shiong Cheong 3P analysis not agree
12/03/2019 18:21
calvintaneng 3P analysis don't matters now

What matters most is this

Velesto going to be very very good this year

Must buy more while still so cheap
12/03/2019 19:11
calvintaneng WHY VELESTO EARNINGS PER SHARE WILL ROCKET UP MORE THAN OTHERS FOR YEAR 2019, Calvin Tan Research

https://klse.i3investor.com/blogs/www.eaglevisioninvest.com/197595.jsp
12/03/2019 21:17
3iii Don't worry about missing the Next New Thing. Avoiding mistakes and danger zones is more important for long term investment performance.
13/03/2019 08:13
Jonathan Keung UMW O&G hammer down from 47 to a low 17 before rebounding to current 28/30 level. still below last year pricing
13/03/2019 09:03
calvintaneng There is no other oil and gas stock so safe like Velesto right now

Velesto has

1. Superior Assets
Most oil rigs and HWUs are only 4 to 5 years old
And they are chun chun at the right time in the right place... Just when Petronas is recommissioning moth-balled oil rigs and clod up oil wells

2. Superior Paymasters
Jobs contracted from Petronas and Shell ensure prompt payments

3. Superior Balance sheet
Of the 3 heavyweights Velesto gearing only 0.3 to 0.4. All backed by valuable real assets in oil rigs and HWUs

4. Superior Price

Velesto was once over rm4. 50
Now only 30.5 sen
The opportunity for upside is immense while losses almost negligible

This is it

Go for Velesto today!!!
13/03/2019 09:29
calvintaneng OIL & GAS BULL RUN NEWS: Sabah poised to be on world map with RM13 bil petrochemical plant, Calvin Tan comments

https://www.freemalaysiatoday.com/category/nation/2019/03/06/sabah-poi...
13/03/2019 09:49
calvintaneng OIL & GAS BULL RUN NEWS: Sabah poised to be on world map with RM13 bil petrochemical plant, Calvin Tan comments
https://klse.i3investor.com/blogs/www.eaglevisioninvest.com/197614.jsp
13/03/2019 09:51


 

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