Last Price Today's Change   Day's Range   Trading Volume
0.27   0.00 (0.00%)  0.265 - 0.275  6,113,300
Analyze this stock with MQ Trader system


Market Cap: 2,222 Million
NOSH: 8,229 Million
Avg Volume (4 weeks):16,887,711
4 Weeks Range:0.26 - 0.30
4 Weeks Price Volatility (%):
52 Weeks Range:0.165 - 0.325
52 Weeks Price Volatility (%):
Average Price Target: 0.30
Price Target Upside/Downside: +0.03

Financial Highlight

Latest Quarter | Ann. Date 31-Mar-2019 [#1]  |  21-May-2019
Next QR | Est. Ann. Date: 30-Jun-2019  |  20-Aug-2019
T4Q P/E | EY: -49.24  |  -2.03%
T4Q DY | Payout %: 0.00%  |  - %
T4Q NAPS | P/NAPS: 0.3322  |  0.81
T4Q NP Margin | ROE: -7.93%  |  -1.65%


Date Subject
24-May-2019 【视频】Velesto能源 次季亏损恐扩大
24-May-2019 Velesto Energy - Expecting Higher SPS This Year
23-May-2019 Velesto Energy - Improving utilisation from 2HFY19 onwards
23-May-2019 Velesto Energy - Earnings trajectory still uncertain
23-May-2019 Velesto Energy - Deemed Within Expectations
30-Apr-2019 接获国油4亿合约‧VELESTO蓄势待发
29-Apr-2019 Beneficiaries, losers of rallying oil prices
24-Apr-2019 Velesto能源 三年财测上修
23-Apr-2019 Velesto Energy - Petronas Contracted 4 Rigs Worth US$105m
23-Apr-2019 PublicInvest Research Headlines - 23 Apr 2019
23-Apr-2019 Velesto Energy - Better Earnings Visibility Ahead
23-Apr-2019 Velesto Energy - Earnings still volatile with 4 fresh rig charters
03-Apr-2019 投资石油天然气公司要小心 : ARMADA, PERDANA , SAPNRG , THHEAVY , VELESTO
27-Mar-2019 Oil & Gas - Reigniting the Fire
21-Mar-2019 佳绩难复製股价涨过头 达洋企业应趁高套利
18-Mar-2019 Invest Malaysia 2019 - Research Guide by Maybank IB
13-Mar-2019 Daily technical highlights – (VELESTO, JAKS)
12-Mar-2019 Evening Market Summary - 12 Mar 2019

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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  21 people like this.
pussycats Lose so huge... Big drop will happen.
But, the problem is money oredi in this Velesto big big loh.
How to buy more???
22/05/2019 2:59 PM
calvintaneng Look at the more positive side lah

1.revenue is up from rm121 mil to rm127 milllions.

2. Petronas already said they will increase oil rigs use for year 2019.
And Velesto owns rest of newer rigs for rent

3. Velesto is better than dayang without impairment from perdana. It is very solvent unlike bankrupt barakah

Any weakness just add more

AND extra cash just buy more Uzma
22/05/2019 3:21 PM
deMusangking when coubter in red, Look at the more positive side lah ???????

lauff me die!!!!!!

bottom line is profit lah!!!!!!!!!
22/05/2019 3:24 PM
calvintaneng Yes lah

If results are good and people chase it to limit up?

Then sell into euphoria

When results no good but fundamental still sound and prospects intact

AND people panic oversold in pessimissim then just



22/05/2019 3:28 PM
pussycats Doom preachers come here to scare bilis.

Calvintan, next Q Velesto green kah???
22/05/2019 4:09 PM
Rowie To all the pussies here, faster sell & go hide. These people always lose money but act like sifus. 0nly 5 in 100 retailers make money, so keep bluffing yourself that u always make money.
Those who post like champions are the biggest losers.
22/05/2019 5:12 PM
calvintaneng Calvin bought velesto at 27.5 sen

Those who panic please throw
Those who steady hold firm
Those who are brave just buy slowly
NO need to hurry buying
Just buy if gap down

Keep some bullets

If crash more then add more

Invest wisely

This is how Calvin will buy Velesto

25 sen buy 20 lots
24 sen buy 30 lots
23 sen buy 40 lots
22 sen buy 50 lots
21 sen buy 60 lots
20 sen buy 70 lots
19 sen buy 100 lots
18 sen buy 200 lots
17 sen buy 300 lots
16 sen buy 400 lots
15 sen buy 1000 lots
10 sen Calvin sell one house and Wallop kaw kaw

1 sen?

Calvin will sell everything and launch a take over of Velesto

THE lower the better the more the merrier

Remember Calvin also bought Uzma at 85 sen and holding

If Uzma gets cheaper Calvin will buy more
22/05/2019 6:03 PM
calvintaneng Yahhhhhoooooooooo!!!!

Be very greedy when others are very very fearful .
22/05/2019 6:38 PM
pussycats Ok, follow u, Calvin sifu.
But u buy too small lah,
For example, the biggest RM, u dare to throw is
15 sen buy 1000 lots= Rm0.15* 1000*100= Rm15,000 only.
Don't be kiaSi. Singaporean money is bigger three time compare to ringgit. Sifu Calvin must buy big big lah.
Joking lah.
22/05/2019 6:39 PM
calvintaneng Hahahaha pussycats correct

22/05/2019 6:55 PM
ming up sikit sikit/down also sikit sikit d lar...
U all think too much jor
22/05/2019 6:59 PM
pussycats Sifu Calvin,
U don't invest in Hibiscus meh??? Hibiscus is another good O&G stock
22/05/2019 7:24 PM
chamlo Most counters losing $$ where to find $$ to buy expensive but good ctr?
22/05/2019 8:24 PM
(US/CHN trade war doesn't matter) Philip Record this first before cabin delete this shit.


Posted by calvintaneng > May 22, 2019 6:03 PM | Report Abuse

Calvin bought velesto at 27.5 sen

Those who panic please throw
Those who steady hold firm
Those who are brave just buy slowly
NO need to hurry buying
Just buy if gap down

Keep some bullets

If crash more then add more

Invest wisely

This is how Calvin will buy Velesto

25 sen buy 20 lots
24 sen buy 30 lots
23 sen buy 40 lots
22 sen buy 50 lots
21 sen buy 60 lots
20 sen buy 70 lots
19 sen buy 100 lots
18 sen buy 200 lots
17 sen buy 300 lots
16 sen buy 400 lots
15 sen buy 1000 lots
10 sen Calvin sell one house and Wallop kaw kaw

1 sen?

Calvin will sell everything and launch a take over of Velesto
22/05/2019 8:28 PM
qqq3 This is how Calvin will buy Velesto

25 sen buy 20 lots
24 sen buy 30 lots
23 sen buy 40 lots
22 sen buy 50 lots
21 sen buy 60 lots
20 sen buy 70 lots
19 sen buy 100 lots
18 sen buy 200 lots
17 sen buy 300 lots
16 sen buy 400 lots
15 sen buy 1000 lots
10 sen Calvin sell one house and Wallop kaw kaw

talk cock expert....if I buy at 25, drop to 20 I curse and swear and maybe cut loss.
22/05/2019 8:33 PM
calvintaneng Qqq3 is the lapsap

Calvin bought Pm Corp all the way from 15 sen to lowest at 7.5 sen from years 2009, 2010, 2011 & 2012 till inside Top 30 shareholders

Pm Corp later gave a cash payout of 8 sen

My cost of entry at 15 sen after deducting 8 sen Cash payout is 7 sen

But at the very bottom of 7.5 sen my cost of entry
7.5 sen - 8 sen = Free share plus extra half sen

So many cutloss for Pm Corp at 9 sen but Only a handful of Calvin buddies kept up buying

Pm Corp at 9 sen lasted for years 2010 to 2012

Then in year 2013


Pm Corp jumped to 36 sen

Up a Whopping 400%

22/05/2019 8:42 PM
chamlo How can Velesto compare on same way? If PNB cut loss all shares what will happen?
22/05/2019 8:45 PM
FamousAmos Guys let’s not forget lapsap TanEnd using sing dollar to buy ringgit assets. And yet he needs to spread it over 50 counters with 2% of his net worth.
22/05/2019 8:46 PM
calvintaneng Pnb?

Yes it was Pnb who sold down Pm Corp below 10 sen
(Pnb cost for Pm Corp was 50 sen)

Then one day Mui Bhd bought over the remaining 4% outstanding shares of Pm Corp between 13 sen to 14 sen in year 2012/3

Pnb was Soo stupid

By end 2013 Pm Corp kaboooom to 36 se
So don't follow Pnb but follow Calvin Tan Research
22/05/2019 9:04 PM
PotentialGhost This pukimak Calvintaneng 300 stock pick in bursa . All Chun chun call , you guy don't forget to follow him go Holland ya. If not I am not happy.
22/05/2019 9:11 PM
calvintaneng Where got 300 stocks this year?

Only less than 30 stocks so far

A few already hit more than 100% gain Carimin, Naim and others

Lafarge taken private Chun Chun
22/05/2019 9:27 PM
calvintaneng Calvin also gave out many Chun Chun warnings

1 Barakah in trouble
2. Dayang got impairment from Perdana

3. Many oil and gas stocks got high debt like daya, Armada, sapnrg, knm, sumatech, perisai, Barakah, Scomi, perdana, so cannot buy

Calvin also warned about seacera

Dufu = Do fool

Elsoft = all soft

All Chun Chun warning telling sorchai to sell and escape

Now latest warning

Ql = Quickly lock up

Sendai = send die. This one might go limit down!!!

All the above Calvin gave warning after warning!!!
Better wake up!!
22/05/2019 9:34 PM
Woodswater Not fair to critic master Calvin by fake news n nonses since this sifu really scired so many success goal to aim right stock at right timing without fake but sincere info . Buy or sell is up to our own choice , judgement and own monies as well . Comeon v all here not childish but adult la ..
And everytime he is vele tokong once he call a slowly buy during diwntrend will suddenly skyrocketing . May b vele could have soon as i experienced thereafter knm fr 7 to 12 then 18c .enjoy the shiw 2molo.cheers ,bro
22/05/2019 9:38 PM
SuperPanda tomorrow might be sell down at open but i predict will remain above 0.25 for the rest of week
22/05/2019 11:03 PM
EPF_sell QR loss? Better cut loss?
23/05/2019 5:45 AM
Anti_debt Debts RM 1.3 billion interest payment every qtr 21.6 million. Sales(Order book) low not easy to make profit.
23/05/2019 5:51 AM
Woodswater Hold tight bros , since so many haters ah Miao ah dog appears . Let c next Qr got any jack pot surprise ?

23/05/2019 8:31 AM
calvintaneng Cheh!!

With so many naysayers around Velesto still didn't drop much

Velesto go go go!!
23/05/2019 9:17 AM
PotentialGhost Calvintaneng Chun Chun to Holland again . Impressive
23/05/2019 9:32 AM
calvintaneng No worry

Calvin looks forward to Aug, Nov 2019 and beyond

So far nothing done at 25 sen yet

So all naysayers and coffin carriers must work harder
23/05/2019 9:52 AM
Woodswater Oil drop, Oversea shares drop, bit coin drop, outlook dim, qr as ll red included vele, dayang... KLCI slump below 1600 amid new trade war. So far vele very steady so far 265/27 still under control far below everage down level. Hold tight until next qr. Let c Co. ING many other Ong counter posting their qr by ti's month probaly 90% comes into red!

23/05/2019 10:32 AM
pengyou Best O&G counter are Dialog and Hibiscus. Waiting to shoot up only.
23/05/2019 11:21 AM
SuperPanda yes while bottom fish velesto can buy some hibscus
23/05/2019 11:35 AM
SuperPanda if drop below 0.25 only collect again
23/05/2019 11:36 AM
InvestorKING Buy super undervalued stock: bumi Armada

Aminvest giving discount from its valuation of 36cents, hongleong giving valuation of 33cents, hwangaffin giving 31cents valuation (all these not target price, is fair valuation price), so by right the actual fair price is around 0.33 to 0.36

But the big shark still collecting the super cheap shares around 0.18 to 0.19

But before Armada being awarded the court winning for Woodside claim, 20cents gap up, that time will worth for 0 50+++
23/05/2019 12:16 PM
calvintaneng WHOA!

Barakah, Dayang & QL (quickly lock up) all crashed!


23/05/2019 1:03 PM
offshore This counter have to invest long term and don't expect the price to fly. We all know this 0.2 to 0.3 range is the bottom but nobody knows when the price will climb. Getting contracts from Petronas is a given thing but more importantly is, when the day rate will go up. If the day rate doesn't go up, nothing will happen to this counter.
23/05/2019 1:04 PM
SuperPanda good support >.26 but need to stay for longer period to see if it is true

if everyday drop 1c also no use
23/05/2019 2:21 PM
CHLEONG888 Calvin got his own interest, do not listen to him 100%, anyhow use our own judgement and trade own risks
23/05/2019 4:19 PM
CHLEONG888 Do not listen to Calvin 100%,he got his own interest,
Use our own judgement and trade at own risks
23/05/2019 4:26 PM
Woodswater Pls don't trust anyone here included u'r self as well
24/05/2019 9:52 AM
Woodswater https://www.theedgemarkets.com/article/velesto-prospects-bright-jackup-rig-demand-expected-increase
24/05/2019 10:46 AM
Mabel Well done!
24/05/2019 8:19 PM
Mabel On track to turnaround in FY19

Despite our earnings revisions for FY19-21, the turnaround expectation remains intact. We expect Velesto to return to the black later in FY19 (2H19). Overall, we expect Velesto to report net profit of MYR29m/ MYR33m/ MYR59m in FY19/ 20/ 21 respectively. We see further room to lift its earnings, should Velesto improve on its JU utilisation and/ or DCR.
24/05/2019 10:29 PM
(US/CHN trade war doesn't matter) Philip https://klse.i3investor.com/servlets/pfs/123029.jsp

Maybe Calvin can comment on how he gets his 200% return on ALL those stocks he promoted in 2019 alone. These are actually figures from his blogs, date that he promoted them and the current results.

See Calvin how easy that was? Maybe you can tell us how much you put in each stock so we really know how much money you lost. Then I can gauge where you are really getting your investment income from.
25/05/2019 7:40 AM
calvintaneng Posted by Ooi Teik Bee > May 25, 2019 11:08 PM | Report Abuse

I measure my performance on the amount of money I made from stock market.
I do not care whether my FA report is below par or above par.

I always remember, A good cat is the cat that can catch a rat.
A good FA report will help me made a lot of money.
A good TA and FA skill will help me to build my wealth.

I do not care about bad remarks on me, it will not affect my money in my bank account.
I care if I lose my money.

Thank you to make me famous in I3 by quoting my name all the times.


"Thank you to make me famous in I3 by quoting my name all the times."


Posted by (US/CHN trade war doesn't matter) Philip > May 25, 2019 5:18 PM | Report Abuse


Maybe just show me where the 200% come from first? This is your portfolio.

Posted by calvintaneng > May 25, 2019 5:42 PM | Report Abuse X


Calvin issues you a challenge if you dare to take up and don't runaway as a coward

Go to Kl and meet me

I will ask my stock broker print out for you to see in the Stock Brokering firm my transactions from Jan 1st to May 6th 2019

See how Calvin made more than 200% gain Chun Chun

You can call me at 0193384010

Posted by calvintaneng > May 25, 2019 5:45 PM | Report Abuse X

Remember this challenge issue to Philip

Call all i3 forumers as witness

Did Calvin actually made 200% gain from Jan 1st to May 6th 2019 beating Sifu OTB at 100%

After Philip received the print out directly from my Stock Brokering Firm he should know the truth. Nothing but the truth!!
25/05/2019 11:22 PM
Woodswater https://klse.i3investor.com/m/blog/Undervalued/207849.jsp

My salute master Calvin not only famous but celebrated ,
Have to solve very hot potatoes during period trade war getting worse which gains u 200% upside margin or -100% lost . Time will tell , god will know , facts can proof !
26/05/2019 9:09 AM
witchslayer yah gah
26/05/2019 12:57 PM
Surewind Velesto is actually holding up much better than i expected after the QR.
26/05/2019 1:03 PM

26/05/2019 6:37 PM


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