Highlights
KLSE: VELESTO (5243)       VELESTO ENERGY BERHAD MAIN : Energy
Last Price Today's Change   Day's Range   Trading Volume
0.33   0.00 (0.00%)  0.33 - 0.34  14,530,900
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Overview

Market Cap: 2,711 Million
NOSH: 8,216 Million
Avg Volume (4 weeks):15,761,770
4 Weeks Range:0.31 - 0.345
4 Weeks Price Volatility (%):
57.14%
52 Weeks Range:0.165 - 0.345
52 Weeks Price Volatility (%):
91.67%
Average Price Target: 0.35
Price Target Upside/Downside: +0.02

Financial Highlight

Latest Quarter | Ann. Date 30-Jun-2019 [#2]  |  30-Aug-2019
Next QR | Est. Ann. Date: 30-Sep-2019  |  23-Nov-2019
T4Q P/E | EY: -297.05  |  -0.34%
T4Q DY | Payout %: 0.00%  |  - %
T4Q NAPS | P/NAPS: 0.3385  |  0.97
T4Q NP Margin | ROE: -1.50%  |  -0.33%

Headlines

Date Subject
25-Sep-2019 M+ Online Technical Focus - 25 Sept 2019
25-Sep-2019 Stocks on Radar - Velesto Energy (5243)
24-Sep-2019 国油开大水喉下半年资本开销料逾350亿‧油气股喜待甘霖
23-Sep-2019 Trading Stocks - Velesto Energy
23-Sep-2019 Oil & Gas - Petronas’ downward capex trend to stabilise next year
19-Sep-2019 沙地产能将迅速恢复·油气股打回原形·综指1600再失
17-Sep-2019 Oil & Gas - Substantial Disruption in Saudi Production
10-Sep-2019 次季业绩转亏为盈 VELESTO-WA值得留意/温世麟硕士
06-Sep-2019 【视频】Velesto能源 转盈在望前景看俏
06-Sep-2019 Oil & Gas Sector - Rising asset utilization heralds a new dawn
05-Sep-2019 Velesto Energy Berhad - Contract Secured for Naga 7
05-Sep-2019 Velesto Energy - Lucky Naga 7 on a Roll
05-Sep-2019 Stocks on Radar - Velesto Energy (5243)
04-Sep-2019 [转贴] [VELESTO ENERGY BERHAD:这集团拥有的七个自升式钻井平台中有六个正在运作,而其中一个因为最近获得的长期合同而正准备动员,预计将于2019年9月初开始] - James的股票投资James Share Investing
03-Sep-2019 Velesto Energy Bhd
03-Sep-2019 Velesto Energy - Looking Forward to 2H19
03-Sep-2019 Velesto Energy - DCR Recovery in Sight
03-Sep-2019 Velesto Energy Berhad - 2Q19 Turns to Black
03-Sep-2019 Velesto Energy - Back in Black
03-Sep-2019 Velesto Energy - Poised on full earnings recovery

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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  22 people like this.
 
goreng_kaki belum mati ke? kenape EPF buying this rubbish stock?
10/10/2019 5:58 PM
HuatlaiOnglai Velesto will need to show few more qtr of black ink before seeing more upward trend. But the upward trend won’t be significant due to the large number of share in the market.
10/10/2019 8:53 PM
CHLEONG888 Hope start accelerating from today onwards
11/10/2019 7:09 AM
winmal engine will start soon, share have been hovering around 31-33 cent
11/10/2019 3:04 PM
Mdnizam Government transformation DIGITAL ECONOMY .foreign tech fund , local fund manager and government fund next week will big buying digital stock
11/10/2019 4:57 PM
SinGor 21.6 Bil for Digital Econ.....Buy Dnex, potential very Big Upside
11/10/2019 9:23 PM
CHLEONG888 Do not miss the train taking Velesto, likely will up at least 0.01 on Monday
13/10/2019 8:41 AM
Plantermen Dow up +300 should be positive
14/10/2019 8:35 AM
winmal sleeping dragon will wake up soon
14/10/2019 11:41 AM
IronShirt If BB wants to push nobody can stand in its way. 2.50pm someone just put 8mil into 0.325 and
if you want to buy....have to go to 0.330
14/10/2019 2:52 PM
Money122 Vrooommmm.....
14/10/2019 2:58 PM
KEYBOARD brk 34 60 gogogo
14/10/2019 3:53 PM
Mabel Armada and KNM already break the 0.40 barrier..

Velesto bila?
14/10/2019 4:24 PM
prince4 投资建筑和地产有关很多板块股会很多人会很累很累因为很多外资和本地基金会卖空这些板块股资金会流出,你们投资没有跟林财神所以你们不会赚到钱的。

林财政部长budget排糖果宣布216亿NFCP大项目连全部马来西亚人都知到了...大家会一起来投资NFCP 2019-2013年的股NETX,GPACKET,OPCOM,OCK,REDTONE大家也想跟着一起吃糖果会甜蜜4年啦.. .
14/10/2019 5:16 PM
JJchan today BB really started to push----40mil
14/10/2019 5:34 PM
HuatlaiOnglai TRADING IDEA: CORRECTION PERCEIVED AS COMPLETED, VELESTO READY TO EMBARK NEW UPWARD WAVE - ACCUMULATE!
Velesto Energy Berhad provides services to the oil and gas industry. The Company offers drilling operations, pipe manufacturing, and oilfield services.
Technical view on VELESTO:
1. Current price action suggested that VELESTO has completed its correction phase when it hit the lowest point at RM0.165 and recovered to trade above its weekly EMA200w. Volumes appeared to be steady with price encouragingly testing the immediate resistance around RM0.34. A break above RM0.34 likely to spark fresh buying interests with a new upward wave which targeted the price to surge to RM0.45;
2. The weekly MACD is already drifting in the bullish territory while the RSI and Stochastic are gaining in upward momentum indicating bullish near term outlook;
3. Medium term target price is anticipated to be around RM0.45 while support seems firm between RM0.25-0.29 level - Accumulate!
Stocks are selected based on technical analysis. Investors are advised to study the underlying fundamentals of each stock to assess and match risks appetite. Stocks listed below are categorized as potentially high risks and may increase in volatility in the near term.
14/10/2019 6:02 PM
IronShirt wa...0.450,,,,pls 50cents or 55cents
14/10/2019 6:15 PM
CHLEONG888 Slow, but steady, still cheap, ample room to surge up higher, especially after next quarter result
14/10/2019 8:24 PM
IronShirt if BB is still here, after 2:30pm they will attack again like yesterday
15/10/2019 11:30 AM
Mabel Looking forward for Velesto to cross 0.40 too. Its high time..
15/10/2019 8:34 PM
Sales Mabel, I like your comment. Ong ah!!!
15/10/2019 9:03 PM
Plantermen Knm already hitting new high [ velesto] still struggling
16/10/2019 8:58 AM
8u29song today 035...
16/10/2019 9:44 AM
Tian Sen Tester Sure the genius amanraya selling again
16/10/2019 10:11 AM
IronShirt amanahraya sell to yayasan and Then yayasan sell back to amanah....just muscle stretching for
Velesto Marathon Run to 1.0
16/10/2019 12:54 PM
KEYBOARD IM WAITING 60
16/10/2019 1:19 PM
CHLEONG888 Still cheap ton enter at 0.34
16/10/2019 1:56 PM
IronShirt Epf is buying alot when it is running Up. Meaning: Epf is pushing up hard...already holds 6.95%
16/10/2019 2:29 PM
Money122 Price higher than usual ..i thnk better buy now before it move up!!!
16/10/2019 3:16 PM
KEYBOARD yes 34 cheap...but point is...need brk
16/10/2019 3:38 PM
KEYBOARD yes ironshirt...this counter can
16/10/2019 3:40 PM
CentAce Who do you guys think will be the greatest beneficiary of RM21.6b NFCP?
16/10/2019 6:58 PM
OilGas88 Refer to Asia-Pacific Offshore Report. Issue 151. Mid September 2019. It shows the demand for
Self elevating Rig are picking up in this region namely Malaysia Thailand and Indonesia. Velesto
NAGA series rigs are in operational condition. Other competitor are not ready or in the reinstating condition to be back in service..it will takes a few months to reactivate provided rig owner had a firm contract.
16/10/2019 7:39 PM
CHLEONG888 Strong resistance to move up, but also strong support at the same time, believe it is time to accumulate
17/10/2019 6:54 AM
VFTRADER Who took up 100mil (almost RM32mil) share disposed by ASB??
17/10/2019 8:18 AM
Lucklystar Seems difficult to cross RM0.34
17/10/2019 11:10 AM
yoyo man man lai, biar lambat asalkan selamat
17/10/2019 12:12 PM
KEYBOARD TOO LESS player q 34...need cuci clean clean
17/10/2019 12:23 PM
JJchan unless today closed at 0.340.........0.350 is difficult to reach tomolo
17/10/2019 4:15 PM
CHLEONG888 May try warrant, damn cheap
17/10/2019 5:51 PM
CHLEONG888 Noted, EPF keeps on acquiring the shares , superp indication, accumulate
17/10/2019 7:20 PM
JJchan If you look at how Epf is pushing Armada and Velesto, the trend seems Epf wants Velesto to
match Armada
17/10/2019 9:26 PM
Plantermen Epf and Asb are holding a lot of velesto shares
18/10/2019 9:01 AM
KEYBOARD READY LO....LOOK GOOD
18/10/2019 2:33 PM
prince4 Mahathir让大马能发展有自己的科技公司搞多媒体走廊(MSC)1996年。 很多是科技公司以前都是开发信息技术和其他都是开发未来的技术。 1999年就成立Mesdaq Market 本来都是给这些科技公司有一个平台筹资发展下去。
Abdullah那时候国家发展计划路线目标主要是种植棕油和油气下游业双油贡献国家发展。
Najib那时候国家发展计划路线是做大型建筑建设拉动和房地产来贡献国家GDP。
2009 把 Mesdaq 改成科技版(Ace market.)
Najib 知道美国有大量页岩油,油价不会像以前那样高了USD 100一桶油。国家不能在依赖油贡献GDP也不能再依赖双油,油气业面临冲击要转型用数码经济推动国家发展。Najib推出国家数字经济转型大蓝图2016-2025,2017年开跑数码经济。 数码经济是能让企业降低成本,推动企业效力和推进国家进步增长一种方式。 成立 DFTZ 在推进电子商务和想要把马来西亚变成东门的logistic hub 。
2018年 换政府了又到我Mahathir 做首相,Abdullah 和 Najib 你们这两位马来大神做首相难道不懂国家要强要做先进国,发展科技是很重要的吗?
Abdullah 没推动科技业“不知不觉” ,Najib 后期才要搞数字“后知后觉”才要马来西亚转型。 我Mahathir 18年前就知道了“先知先觉”。
2019 Mahathir 他老人家又要搞回他未完成的心愿继续搞回他的大马硅谷,支持5G也用5G,创立绿色能源国产车和工业4.0。 你们Abdullah和 Najib“一位没有搞科技...一位后来才要搞数字 ,我Mahathir 两个都跟你搞完“ 科技+数字”。
Mahathir 比中国早知道搞科技,结果那两位不听话没延续我的计划,搞到现在要学中国那样搞数字经济推动国家发展。Mahathir也知道, 新一个浪潮革命发动,发达国家走工业4.0 来推动未来的经济。物联网时代将领大马也不能不跟着世界的脚步走。
Mahathir 我不是财政部长了 ,我的两位新大神徒弟guan eng华人神和gobind singh印度神在按照我的路走...国家发展计划是工业4.0 ,数字化,216亿做大型基础通讯。
18/10/2019 3:37 PM
Mabel Empress,

Are we there yet?
19/10/2019 12:51 AM
CHLEONG888 Hope huge acquiring by epf and asb will push up the price, before expecting good coming quarter result, very strong support at 0.33, think will break 0.36 if market sentiment is good and 0.43 is achievable with good quarter result, stay tune and accumulate
19/10/2019 9:22 AM
SinGor break 0.34 today. vel, vel strong up to 0.35
22/10/2019 7:39 AM
Rowie It’s time
22/10/2019 8:57 AM
SinGor started attacking 0.335.....
22/10/2019 2:59 PM


 

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