Highlights
KLSE: VELESTO (5243)       VELESTO ENERGY BERHAD MAIN : Energy
Last Price Today's Change   Day's Range   Trading Volume
0.165   +0.01 (6.45%)  0.155 - 0.165  71,048,200
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Overview

Market Cap: 1,356 Million
NOSH: 8,216 Million
Avg Volume (4 weeks):223,346,987
4 Weeks Range:0.125 - 0.19
4 Weeks Price Volatility (%):
61.54%
52 Weeks Range:0.09 - 0.41
52 Weeks Price Volatility (%):
23.44%
Average Price Target: 0.32
Price Target Upside/Downside: +0.155

Financial Highlight

Latest Quarter | Ann. Date 31-Mar-2020 [#1]  |  20-May-2020
Next QR | Est. Ann. Date: 30-Jun-2020  |  30-Aug-2020
T4Q P/E | EY: 18.89  |  5.29%
T4Q DY | Payout %: 0.00%  |  - %
T4Q NAPS | P/NAPS: 0.3618  |  0.46
T4Q NP Margin | ROE: 9.95%  |  2.41%

Headlines

Date Subject
25-May-2020 Traders Brief - Trading Activities Should Tone Down Ahead of An Extended Hari Raya Holidays
25-May-2020 [转贴] [VELESTO ENERGY BERHAD:自升式钻机的平均利用率提高到86%,而去年同期为66%] - James的股票投资James Share Investing
22-May-2020 Evening Market Summary - 22 May 2020
22-May-2020 Velesto Energy - Strong Headline, But Uncertain 2H Risk Lies
21-May-2020 Mplus Market Pulse - 21 May 2020
21-May-2020 Velesto Energy Berhad - Solid 1QFY20, But Outlook Uncertain
21-May-2020 Velesto Energy - Uncertainties in Drilling Schedules
21-May-2020 Velesto Energy - Potential expiry of multiple firm rig charters
20-May-2020 Evening Market Summary - 20 May 2020
19-May-2020 Evening Market Summary - 19 May 2020
18-May-2020 Traders Brief - Trading Activities Should Tone Down Ahead of An Extended Hari Raya Holidays
15-May-2020 Dialog Group Berhad - 3QFY20 Results Within Expectations
06-May-2020 Oil & Gas - Is the worst over?
05-May-2020 Evening Market Summary - 5 May 2020
28-Apr-2020 Evening Market Summary - 28 Apr 2020
22-Apr-2020 Evening Market Summary - 22 Apr 2020
22-Apr-2020 Oil & Gas - They Won’t be Paying You to Pump, for Now.
21-Apr-2020 Evening Market Summary - 21 Apr 2020
20-Apr-2020 Oil & Gas - A Cut Is Better Than Sitting Idle
13-Apr-2020 Evening Market Summary - 13 Apr 2020

Business Background

Velesto Energy Berhad, previously known as UMW Oil & Gas Corp Bhd, is a multinational provider of drilling and oilfield services for the upstream sector of the oil and gas industry.

The company's line of products and services include drilling and workover services for exploration, development, and production of wells in Malaysia and southeast Asia through several offshore drilling rigs and hydraulic workover units. 

Under the oilfield services segment, the company offers threading, inspection, and repair services for Oil Country Tubular Goods in various offshore markets.

Operating revenue is primarily derived from drilling services, which includes ownership and operation of several drilling rigs and hydraulic workover units, or HWUs. Rigs and HWUs are chartered through day-rate-based contracts.
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  24 people like this.
 
Godofgambler Velesto TP0.30
30/05/2020 11:35 PM
Godofgambler Meletuupppppppppppppppppppp mondayyyyy
31/05/2020 9:32 AM
onionchong Hopefully can break resistance at 0.17.. massive selling at this price point
31/05/2020 10:44 AM
Pcmont123 if velestro can break 0.19 tomolo and close above of it 我要汤鸡还神了
31/05/2020 12:19 PM
roger3210 Buy. buy buy
31/05/2020 2:48 PM
numberone Heard the next will be goreng would be XDL, stay tune guys, but dont hold long term. Do not miss the chance
31/05/2020 2:48 PM
Godofgambler Monday fly...
Crude oil will rally...
31/05/2020 4:26 PM
RMSB Limit up lor
31/05/2020 4:38 PM
JoshuaMS7 Us serious protest will affect oil price and shares price?
31/05/2020 4:46 PM
JayC88 why suddenly so meriah here?
31/05/2020 4:48 PM
huatahhh8888 watch this fly like falcon 9 tomorrow. LMAO
31/05/2020 5:50 PM
Hanafi El Tajino brent oil break resistence
31/05/2020 9:11 PM
mf JAKARTA: Indonesia reported 700 new COVID-19 infections on Sunday (May 31), taking the tally in the Southeast Asian nation to 26,473, said health ministry official Achmad Yurianto.
31/05/2020 9:12 PM
RedEagle KUALA LUMPUR: Green Packet Bhd memeterai perjanjian dengan Persekutuan Persatuan Lembaga Pengurus Sekolah Cina Malaysia (Dong Zong) untuk pemasangan alat pengimbas haba KipleLive di 63 Sekolah Jenis Kebangsaan (SJK) Cina di seluruh negara.

Ketua Pegawai Eksekutif KipleLive, Ti Lian Seng, berkata alat pengimbas haba itu membolehkan pentadbir sekolah melakukan pemeriksaan pantas dan melakukan prosedur operasi standard yang diperlukan untuk mengasingkan individu berisiko dengan secepat mungkin.

"Mulai minggu ini, Green Packet akan memasang alat pengimbas haba KipleLive di sekolah yang terletak di Lembah Klang, dan dalam tempoh dua minggu akan datang, alat pengimbas itu akan dipasang sepenuhnya di semua 63 sekolah termasuk yang di Sabah dan Sarawak," katanya dalam satu kenyataan hari ini.

Ti berkata, KipleLive menggunakan teknologi kecerdasan buatan (AI) dan pengecaman wajah, ditambah dengan aplikasi digitalnya.

"Hasilnya adalah penyelesaian yang akan memberi keselesaan kepada semua pihak berkepentingan untuk membuka semula sekolah dengan cara yang paling selamat," katanya.

Pemasangan itu akan membabitkan penyediaan pengimbas pengecam wajah AI di lokasi strategik di perkarangan sekolah untuk mengimbas dan merekodkan bukan saja suhu tetapi kehadiran setiap pelajar, guru, kakitangan pentadbiran atau pelawat.

Setiap individu akan mempunyai Petunjuk Kod Kesihatan digital yang dapat diakses dengan mudah melalui aplikasi untuk pengesanan kontak secara pantas apabila diperlukan.

Selain itu, aplikasi KipleLive itu juga dapat digunakan sebagai saluran komunikasi untuk pelajar, ibu bapa, dan guru, sama ada untuk membuat pengumuman atau dengan individu atau kumpulan tertentu dalam senarai berkenaan.

Sementara itu, Ketua Pegawai Eksekutif Dong Zong Leong Seng Yee, berkata beliau yakin bahawa pelajar dapat kembali ke bilik darjah tidak lama lagi, dengan melaksanakan prosedur operasi standard yang ketat.

"Langkah itu termasuk memasang alat pengimbas haba AI, melakukan nyahkuman di bilik darjah setiap dua jam sekali, mengamalkan penjarakan sosial dan yang lebih penting, bekerjasama dengan Kementerian Pendidikan dan mematuhi semua langkah kesihatan dan keselamatan," katanya. - Bernama
31/05/2020 9:37 PM
azman1234 tomorrow fly..
31/05/2020 10:37 PM
Godofgambler Tomorrow fly
01/06/2020 12:22 AM
roger3210 Yes money money money
01/06/2020 12:27 AM
JoshuaMS7 guys US crazy crashing, later sell at what price?? 0.170 and waiting buy back 0.155?? hehe..
01/06/2020 6:06 AM
mf U.S. cases increased 1.1% from the same time Saturday, to 1.78 million, according to data collected by Johns Hopkins University and Bloomberg News.
01/06/2020 6:30 AM
Chua Joe Beng oil price is down temporary but "TETAP", velesto price will b uptrend today! Guys, play harder!
01/06/2020 8:36 AM
eyeonyou "Between low demand, soaring inventories, depressed prices, a global pandemic, and now, hurricane season, it seems a perfect storm is forming around the offshore oil industry. The world's offshore oil market, responsible for 30 percent of all the world's oil production"
01/06/2020 8:40 AM
NewStockerBuz hey guys.
i bought 0.18
thinking will it be 0.20 by today haha
01/06/2020 9:50 AM
MonsterX Why people keep selling at 0.160?
01/06/2020 9:53 AM
Chua Joe Beng lousy share! ppl investing wrongly!
01/06/2020 9:58 AM
williamtkb Today first day of June, sharks waiting to collect low before pushing. I am waiting @15 too
01/06/2020 10:00 AM
hairy "NEW NORMAL" COVID19
beneficiary this sector > medical gloves > face mask > PPE > video conferencing > delivery services : kossan,supermx , pnepcb ,topglove , adventa ,hartalega , carepls ,Fintec , Hlt, Lyc, Netx ,LKL, rubberex, lambo , mlab ,comfort
01/06/2020 10:00 AM
roger3210 Buy
01/06/2020 10:01 AM
JoshuaMS7 It seems elephant, can't move further.. 0.165 also cannot clear!
01/06/2020 10:04 AM
Chua Joe Beng no ending, collecting after collecting! serious investors previously n now sharks pula! where is it going? sickening stock!
01/06/2020 10:09 AM
NewStockerBuz i think the QR is out
01/06/2020 10:17 AM
Chua Joe Beng QR already out! ppl looked at oil price! dropped a bit all run! up a bit all buying coming back to square one!
01/06/2020 10:24 AM
NewStockerBuz but ran through velesto report
looks positive thou
hahaha
01/06/2020 10:25 AM
Godofgambler Will up for all oil and gas counter
01/06/2020 11:03 AM
AnchoviesswimwithSha Why this counter cannot up? Everyday volume at sky high, but the price is stagnant!
01/06/2020 11:16 AM
Godofgambler Be patient anchovies...
01/06/2020 11:19 AM
williamtkb Today many people sold @16cents... Hope crude oil stay above USD 40.
01/06/2020 11:28 AM
loyalok this counter is not a casino counter ,it is mini petronas (check company backgroundlah).Once oil price stabilize more economy activities open up ,should the oil demand >supply ,oil price will up .Likewise,you plant tree need time to harvest too.
01/06/2020 11:28 AM
Diego2020 accccuuumuulaatiiing sayangg... auuuummm
01/06/2020 11:29 AM
djibaok Wednesday oni will up
01/06/2020 11:43 AM
dariustcp guess afternoon can break 17cts? :D
01/06/2020 11:44 AM
Chua Joe Beng big volume what for? only interested in buying n selling! this oil commodity stock always remained d same at 15.5c-16.5c for d last 2wks, hardly touched 17c!
01/06/2020 12:03 PM
MichelleNg Wait for sales @15cents many days already....
01/06/2020 12:12 PM
Mabel #AnchoviesswimwithSha Why this counter cannot up? Everyday volume at sky high, but the price is stagnant!
01/06/2020 11:16 AM

The reason is because operators are still collecting. Once they have enough, the will push up...

Meow
01/06/2020 12:56 PM
Mabel Just be patient.. I've seen this happens again and again..

Meow
01/06/2020 12:57 PM
Mabel Those who cannot hold can continue to trade at 5 sen...

I prefer to wait for the big catch..

Meow
01/06/2020 12:58 PM
Chua Joe Beng when will they finished collecting at 16c? d mouse r getting uneasy, they might hijack d counter n stop d trading! meow meow
01/06/2020 1:05 PM
Mabel Hahaha... This one you have to ask the operator..

They are monitoring you guys here. Of course they will not tell you...

Just be patient sooner or later, they are also as eager as you to cash out...

Meow Meow Meow
01/06/2020 1:09 PM
Allantanks we have so many smart investors collecting and dumping like doing big business, sooner and later even all oil counter up, this counter will be still keep the same price cause already become habit. We will still have these kinds of investors buy sell buy sell seems like very happy and enjoying with the small profit and lost. XD I tremendously hope that when they let go, there will be a big gap up that will deter them from entering. They have big chances of missing the boats.
01/06/2020 1:10 PM
Godofgambler Sabar.....
You will see the rewards by year end when world economies surging high.
01/06/2020 1:27 PM
Godofgambler Sabar.. Diamond or gold in making from rocks.
01/06/2020 1:28 PM


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