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KLSE: VELESTO       VELESTO ENERGY BERHAD
Last Price Avg Target Price   Upside/Downside Price Call
0.35 0.40     +0.05 (14.29%)
* Average Target Price, Price Call and Upside/Downside are derived from Price Targets in the past 6 months.
** Price Targets are adjusted for Bonus Issue, Shares Split & Shares Consolidation (where applicable).
Date Open Price Target Price Upside/Downside Price Call Source News
18/12/2019 0.385 0.46 +0.075 (19.48%) BUY HLG Price Target News
12/12/2019 0.375 0.43 +0.055 (14.67%) BUY Rakuten Price Target News
12/12/2019 0.375 0.43 +0.055 (14.67%) BUY KENANGA Price Target News
12/12/2019 0.375 0.46 +0.085 (22.67%) BUY HLG Price Target News
05/12/2019 0.39 0.46 +0.07 (17.95%) BUY HLG Price Target News
02/12/2019 0.385 0.46 +0.075 (19.48%) BUY HLG Price Target News
02/12/2019 0.385 0.46 +0.075 (19.48%) BUY AmInvest Price Target News
29/11/2019 0.39 0.43 +0.04 (10.26%) BUY TA Price Target News
29/11/2019 0.39 0.43 +0.04 (10.26%) BUY KENANGA Price Target News
29/11/2019 0.39 0.43 +0.04 (10.26%) BUY BIMB Price Target News
29/11/2019 0.39 0.46 +0.07 (17.95%) BUY AmInvest Price Target News
29/11/2019 0.39 0.49 +0.10 (25.64%) BUY AffinHwang Price Target News
06/11/2019 0.38 0.43 +0.05 (13.16%) BUY TA Price Target News
06/11/2019 0.38 0.40 +0.02 (5.26%) BUY Rakuten Price Target News
06/11/2019 0.38 0.40 +0.02 (5.26%) BUY KENANGA Price Target News
06/11/2019 0.38 0.46 +0.08 (21.05%) BUY HLG Price Target News
06/11/2019 0.38 0.43 +0.05 (13.16%) TRADING BUY BIMB Price Target News
06/11/2019 0.38 0.46 +0.08 (21.05%) BUY AmInvest Price Target News
06/11/2019 0.38 0.37 -0.01 (2.63%) HOLD AffinHwang Price Target News
05/09/2019 0.31 0.35 +0.04 (12.90%) BUY KENANGA Price Target News
05/09/2019 0.31 0.31 0.00 (0.00%) HOLD HLG Price Target News
03/09/2019 0.305 0.38 +0.075 (24.59%) BUY TA Price Target News
03/09/2019 0.305 0.35 +0.045 (14.75%) BUY KENANGA Price Target News
03/09/2019 0.305 0.31 +0.005 (1.64%) HOLD HLG Price Target News
03/09/2019 0.305 0.36 +0.055 (18.03%) BUY BIMB Price Target News
03/09/2019 0.305 0.37 +0.065 (21.31%) BUY AmInvest Price Target News
03/09/2019 0.305 0.37 +0.065 (21.31%) BUY AffinHwang Price Target News
20/08/2019 0.305 0.35 +0.045 (14.75%) BUY Rakuten Price Target News
20/08/2019 0.31 0.35 +0.04 (12.90%) BUY KENANGA Price Target News
08/08/2019 0.30 0.31 +0.01 (3.33%) HOLD HLG Price Target News


Price Target Research Article/News (past 6 months)
18/12/2019  HLG Velesto Energy - Nagas Keep Winning
12/12/2019  Rakuten Velesto Energy Bhd - Secured Contract
12/12/2019  KENANGA Velesto Energy Berhad - Contract Win for Naga 4
12/12/2019  HLG Velesto Energy - Nagas Keep Winning
05/12/2019  HLG Velesto Energy - Naga Awakens
02/12/2019  HLG VELESTO ENERGY - Prospects Are Jacked Up
02/12/2019  AmInvest VELESTO ENERGY - Rising Rig Prospects Support Earnings Momentum
29/11/2019  TA Velesto Energy Bhd - Almost Full Fleet Utilization in 3Q19
29/11/2019  KENANGA Velesto Energy Berhad - Strong 3QFY19 Exceeds Expectation
29/11/2019  BIMB Velesto Energy - Light at the End of Tunnel Price Chart (RM
29/11/2019  AmInvest Velesto Energy - Strong 3QFY19 driven by high rig utilisation
29/11/2019  AffinHwang Velesto Energy (BUY, Upgrade) -3Q19: Higher Rigs Utilization, HWU Small Profit
06/11/2019  TA Velesto Energy Bhd - NAGA 8 Secures Long Term Contract with High DCR
06/11/2019  Rakuten Velesto Energy Bhd - New Contract Awarded
06/11/2019  KENANGA Velesto Energy Berhad - Contract for Naga 8 in 2020
06/11/2019  HLG Velesto Energy - Naga 8 rising
06/11/2019  BIMB Velesto Energy - Rising DCR points to further recovery
06/11/2019  AmInvest VELESTO ENERGY - Sharp Increase in Naga 8 Charter Rate
06/11/2019  AffinHwang Velesto Energy - Naga 8 Secures Contract
05/09/2019  KENANGA Velesto Energy Berhad - Contract Secured for Naga 7
05/09/2019  HLG Velesto Energy - Lucky Naga 7 on a Roll
03/09/2019  TA Velesto Energy Bhd
03/09/2019  KENANGA Velesto Energy Berhad - 2Q19 Turns to Black
03/09/2019  HLG Velesto Energy - Back in Black
03/09/2019  BIMB Velesto Energy - DCR Recovery in Sight
03/09/2019  AmInvest Velesto Energy - Poised on full earnings recovery
03/09/2019  AffinHwang Velesto Energy - Looking Forward to 2H19
20/08/2019  Rakuten Velesto Energy Bhd - Turning around
20/08/2019  KENANGA Velesto Energy Berhad - Another Turnaround Story
08/08/2019  HLG Velesto Energy - Expecting Better 2H19



  23 people like this.
 
Stitcher https://www.theedgemarkets.com/article/velesto-energy-may-rebound-higher-says-rhb-retail-research
09/01/2020 9:36 AM
Will76 Breaking News from CNBC

Oil sank after Trump said Iran “appears to be standing down” and that the U.S. would impose sanctions instead of another military strike as feared by some.

U.S. West Texas Intermediate crude dropped 4.9% to $59.61, its first time below $60 a barrel since Dec. 16.
09/01/2020 9:53 AM
JJchan the bursa trend remains the same today, FF came in after 4
09/01/2020 5:09 PM
Mabel I'm still waiting at 45...

I have traveled half the world and Empress is still at 39..

https://youtu.be/bzdldFOUnP0

It's time to Hoist the Colors...
10/01/2020 12:29 AM
CHLEONG888 TODAY will break 0.40??????
10/01/2020 7:32 AM
JJchan maybe when FF cont. buying after 4.00pm------40cents is history
10/01/2020 12:14 PM
Bhappy2 Good evening all,
Im still new here, i got caught at Alam with RI. Is Velesto financial sound that wont need RI?
10/01/2020 7:33 PM
Bhappy2 Velesto looks promising, just worry abt RI trap happening. ..pls share thots, ty.
10/01/2020 7:35 PM
Bhappy2 correction... Icon*
10/01/2020 7:36 PM
greenland The BS and cash flow statement looks healthy with positive cash coming in. Co not embarking on any new project. So, I don’t think RI is necessary..
10/01/2020 7:46 PM
Bhappy2 Greenland,
Thank you. Hope next QR improve further...shd i start colle ting WA too??
10/01/2020 7:57 PM
greenland Warrant has an expiry up to 2024. Conversion 0.395 so I think its not too demanding a valuation..
10/01/2020 8:36 PM
Bhappy2 i believe both Velesto and WA is good to go, focus on coming QR.
Does the monsoon affect work very much?
10/01/2020 9:41 PM
Bhappy2 I believe, next QR shd be good if work done not affected by monsoon season. Any comments on next QR?
10/01/2020 10:01 PM
Bhappy2 Greenland, All Sifus and Experience Trader,

Pls share thots on coming QR or Target Price
10/01/2020 10:07 PM
Mabel KUALA LUMPUR (Jan 9): RHB Retail Research said Velesto Energy Bhd may rebound higher after it continued holding above the 37.5 sen support.

In a trading stocks note today, the research house said as the stock recently rose above the 21-day SMA line, this indicates a positive sign.

“A positive bias may emerge above the 39 sen level, with an exit set below the 37.5 sen threshold.

“Towards the upside, the immediate resistance is at the 42.5 sen mark. This is followed by the 45 sen level,” it said.

https://www.theedgemarkets.com/article/velesto-energy-may-rebound-higher-says-rhb-retail-research
10/01/2020 10:20 PM
Mabel https://youtu.be/bzdldFOUnP0

It's time to Hoist the Colors...
10/01/2020 10:21 PM
FoolsGold just realise that Mabel is an unbelievably bold & capable collector of Bursa stks.

in fact, it looks like Mabel has managed to do the impossible !

she/he has a personal mini replica of all sectors in Bursa, namely 10 stks each in O&G, Plantations, Technology,Constructions, Property , ACE Sectors. (pardon, if i missed out some)

The amazing fact is, Mabel only came back into Bursa after Ge14 last year.

Great feat , Mabel !! Congratulations !! You are the Greatest !!
10/01/2020 10:58 PM
Mabel Cheers FoolsGold !
11/01/2020 12:00 AM
JJchan of the 300bil EM funds left China & SE countries 50bil came back (Thailand Baht is surging ). Last
2 trading Days, Velesto enjoys cont. FF buying (came in after 4:00PM )----Dow cannot sustains
more uptrend bcos PE is 19X forward earnings (said what you want, i think Fund managers are
not stupid )
12/01/2020 3:04 PM
thequalityguy @Mabel, care to share your strategies? I too am a newbie
14/01/2020 9:16 AM
Woodswater https://www.theedgemarkets.com/article/jackup-rig-market-seen-cusp-upswing-cycle
14/01/2020 11:04 AM
yoyo Vele Strong or Vele Slow, haiz
15/01/2020 11:22 AM
yoyo Perdana from .19 arise to .45, maybe Velesto is a bigger ship move slower
15/01/2020 11:23 AM
Isaac Chow Tomorrow boommmm
15/01/2020 4:58 PM
SinGor strong feeling tomolo, Velesto on autobahn highway in Germany.....no speed limit
15/01/2020 5:01 PM
CHLEONG888 Think only with good next quarter result, it will only possible to break RM0.40
16/01/2020 7:48 AM
yoyo sold some and divert to Perdana
17/01/2020 3:39 PM
Kopimilo Bye bye perisai. Perisai loyalist will hang out here. Price going north
19/01/2020 3:36 AM
Mabel @thequalityguy @Mabel, care to share your strategies? I too am a newbie
14/01/2020 9:16 AM

QualityGuy, I have been engaging with stock market about 20 years and that includes Nasdaq where I have invested in Technology Stocks. I decided to sell off everything prior to GE 14 as my safety measure . Came back in KLSE after GE 14 in 2018.

I’m a long-term investor. I started building my 4 Boutiques in parallel when I renter KLSE after GE14. As you know KLCI is down about 10 % since early this year. My average margin is a very healthy double digit. This means my selection has outperformed the KLCI..

Just to give you a flavor, here's my Business Plan for 2020 for my 4 Boutiques.

Plantation - I have invested in 10 Plantation Companies

Catalyst

Export revenue RM 67.6 billion (6.1% GDP)
Feeding more than 3 billion people over 200 countries.
B20 biodiesel for the transport sector by end-2020. Demand to increase palm oil by 500,000 tonnes per annum. Indonesia Petromina has mandated the use 3 million tons per annum

Digital Economy - I have invested in the following companies

Catalyst

Mabel Technologies (10)
Mabel Telecommunication (4)
Mabel Media (3)
Mabel Banking (4)

Catalyst

Digital transformation will boost between US$100 billion to US$136 billion (RM412 billion to RM561 billion) to the country’s GDP by 2025.
Game Changer includes 5G, NFCP, High Speed Internet, Automation, IR 4.0, Artificial intelligence, IOT, E Banking, E Commerce and Electronic Finance


Oil & Gas – I have invested in 11 Energy Companies.

Catalyst
20% of government revenue in 2020
50 Billion Petronas Capex
Each US$1 per barrel increase in oil prices brings the Treasury RM300 million in revenue per year.

Visit Malaysia Year - I have invested in the following companies

Mabel Airlines (2)
Mabel Automobiles (2)
Mabel Real Estates (7)
Mabel Properties (7)
Mabel Steels (3)
Mabel Construction (7)

Catalyst

30 million tourist arrivals for VM2020 with RM100 billion revenue
Medical tourism generates RM1.5 Billion revenue
78.2 million domestic tourists, Malaysian spend RM60.4 billion.
ECRL and HSR total project cost of RM44 billion and 45 billion
Bandar Malaysia’s revival with GDV at RM200 billion
Pulau Carey, the Serendah-Port Klang Rail Bypass and the Klang Logistics Corridor at RM 500 million
Johor Bahru-Singapore Rapid Transit System Link project, RM3.16 billion
Kiara Bay, with a total gross development value (GDV) of RM15bil.

Currently performance in term of margin:

P1 - Plantation
P2 - Oil & Gas
P3 - Digital Economy
P4 - Visit Malaysia Year 2020

It’s just like an F1 Race between Mercedes Benz, Ferrari, Red Bulls and Maclaren. At this moment I'm feeling really upbeat about 2020.

Cheers!
19/01/2020 10:38 PM
Mabel Looks like only Alam is flying high right now...

The rest are all shy shy to fly...
20/01/2020 11:49 AM
al8800 not only alam, dayang, perdana, serbk start moving.
only this jumbo "masih tidur" ....lazy to move its legs
20/01/2020 12:17 PM
Daily8 velesto disappointing...never able to move above
20/01/2020 1:49 PM
Kopimilo Wait n see b4 ambush game.
20/01/2020 3:44 PM
Mabel Yes Serba has also starts moving...

It seems 39 is the resistance for this ship..
20/01/2020 6:16 PM
Daily8 6:38PM VELESTO YAYASAN PELABURAN BUMIPUTRA (40,000,000 units Acquired)

6:38PM VELESTO PERMODALAN NASIONAL BERHAD (40,000,000 units Acquired)
20/01/2020 7:16 PM
Daily8 Looks like patient is needed on this Velesto stock.
20/01/2020 7:16 PM
Mabel Meow!
20/01/2020 11:22 PM
ubaL taM Grrrr
21/01/2020 4:55 AM
Kopimilo https://youtu.be/SPA0i3i-wkw

Kihkihkih
21/01/2020 8:44 AM
Kopimilo More cny selling pressure.
22/01/2020 9:26 AM
DoomStock Bad news for O&G:

Petronas allocates 5% of its capex for renewable energy which is solar & wind.

Oil prices remain heavy on oversupply concerns and after the Saudi Energy Minister did not offer any hints of optimism that the OPEC+ production cuts would be extended beyond March.

China’s coronavirus will likely see travel restrictions that could end up hurting demand for crude during a peak travel time in China.

Careful now, folks.
23/01/2020 11:30 AM
Mabel Happy New Year Everyone...

Drive and fly safe...

Looks like our 45 Angpow will be coming latter...

See you all at 45...

Huat Chaiii
24/01/2020 11:40 AM
DoomStock Gong Xi Fa Chai & Kung Hei Fat Choy to those celebrating.

May year 2020 be the best year in your life.

Happy investing, folks. Cheers..
24/01/2020 1:08 PM
Daily8 Brent oil still stuck low during CNY
26/01/2020 12:22 AM
RMSB I’m sure engine is just warming up. Waiting to be fired up.
26/01/2020 5:06 PM
Will76 Breaking News from CNBC

Oil dropped to its lowest level since October on Monday, as fears over a potential slowdown in crude demand, sparked by the coronavirus outbreak, continued to pressure prices.

U.S. West Texas Intermediate crude fell 2.3%, or $1.26, to $52.93, putting it on pace for its fifth straight session of losses. At its low, WTI dipped more than 3% to hit $52.13, a price not seen since Oct. 10.

International benchmark Brent crude fell 2.5%, or $1.53, to $59.16. It’s also coming off its third straight week of losses, and its worst week since Dec. 2018.
27/01/2020 11:05 PM
paktua73 done relaod back at 0.345,0.35
now all ammo was use
will hold until above 0.45

tut tut
never fear to fight when red sea hit
28/01/2020 10:12 AM
JJchan 10,000--30,000 Americans Died "every year--from data dated back in 80's" from Flu season ( USA CDC estimate)----US flu got vaccine. Why so many American still dies? Why nobody sounds
alarm every year-----just like Wuhan-Flu? My reasons------Panic Syndrome
So many "crash all stock market reports"----who finance these reports ( just 80 Deaths )
28/01/2020 10:18 AM
JJchan just check 12:25noon---dow mini future Up 118 pts----Tonite Dow up again----Hedge Fund makes one billion last nite from panic
28/01/2020 12:26 PM


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