No worries..mine at 0.12 bought last yr.....didn't sell when price was on the uptrend during PM mydigital speech..still patiently waiting for a profit of 200% abv

Or you can see this way too...

81% buying for 1000+ lot......equivalent to only 1.41% total shares traded.

50% for 1-99 lot ...equivalent to 60.08% of total shares traded.

How?

Since Malaysia is more involved in supporting the major technology players, they are poised to continue rallying once the sell-off in the US is over. Take it as a buying opportunity, but only buy stocks with good earnings prospects.

https://www.thestar.com.my/business/business-news/2021/03/10/tech-is-still-intact

https://themalaysianreserve.com/2021/03/09/tech-stock-price-action-to-dominate-bursa/

Tech stock price action to dominate Bursa

Remember folks, be greedy when others are fearful.

Time to accumulate slowly & steadyly.

You will be rewarded when the dust has settle.

Hmmmm...0.325. Remember folks, be greedy when others are fearful.

Time to accumulate slowly & steadyly.

You will be rewarded when the dust has settled.

Remember folks, be greedy when others are fearful.

Time to accumulate slowly & steadyly.

You will be rewarded when things have become more calm & stable.

At 0.02 a CNY flash sale. Time to accumulate slowly & steadily, folks? Hmmmm

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..

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.

Happy year 2020 folks.....with higher fuel price sadly velesto contracts & rates still remain the same. Worse still all Nagas already chartered out in 2019.

As such velesto uptrend will only be temporary & opened opportunities for big institutions to take profits. Velesto will only break above 0.41 with new contract at better rates & with fuel price remained above $70pb.

Careful now, folks.,

Lol...

May year 2020 bless you all with health, wealth and happiness.....Cheers

As predicted Santa did not show up. No ho..ho..ho.

Now the bigger question: will there be a CNY rally? If there is, will big funds choose o&g sector? Carefull now, folks!

Will Santa show up this Christmas? Hmmmmm.... even the ASB suffered with the lowest dividend & bonus of 5.5% for the year 2019. What will the dividend for EPF be?.... below 4%?

A Chinese New Year rally maybe possible, but sadly on selected counter only. Could Velesto be one of the selected counter? Hmm.. careful now, folks!

Lolll......Remember folks, Velesto was trading at 0.285 on 20, March 2019 when I made that call asking you guys to buy. You would be laughing all the way to the bank by now.

FYI, I bought a few hundred thousand of shares in early Febuary 2019 & made hefty profits selling at 0.40 & 0.405.

Now with the stormy developments in the world economy, pressure on fuel production plus making matter worst for Malaysia equity the foreign funds outflow, the worse in not over yet.

As such, investors will take opportunities of an uptrend to lock in for profits or reduce their exposure in equity as Y2020 predicted to be gloomy too.

So careful now, folks!

The Petronas Activity Outlook for 2020-2022 released last Friday, the national oil firm underlined the outlook to remain challenging next year amid a persistent downward pressure and volatility of crude oil prices.

Petronas highlighted that many contracts are due for retendering in the next three years. The dwindling number of jobs as a result of the soft crude oil prices has stressed many local O&G companies badly folks.

Remember folks, Petronas has been mindful of the cost management to defend its profit margin in the current low oil price environment. Hence, the margin of the contracts (given out by Petronas) could be thin. Companies will have to be efficient to be decently profitable. Careful now, folks!

Lol

National Economic Council Director Larry Kudlow maintained a cautious optimism around the trade agreement struck by China and the U.S. & said "We will see if the Chinese stay with their word.”

As part of the limited deal, the U.S. said it will maintain 25% tariffs on approximately $250 billion of Chinese imports while reducing tariffs on $120 billion in products from 15% to only 7.5%. The rollback in duties is “smaller than expected" folks.

There is still some uncertainty regarding the status of this agreement where both sides are aiming to sign in January, as it appears once again that some technical and legal details are still in flux. Careful now, folks!

Purrrr.....

What was being described more as a “final offer” that has been approved by Trump but not yet affirmed by Beijing.

The big question whether China can deliver such a dramatic increase in agricultural purchases of $50 billion in 2020, double what it bought in 2017.

Remember folks, so far there still no official announcements from US & China yet. Careful now, folks!

Will Santa be around this Christmas or will the critical support level at 0.345 be tested soon? Hmmmm...Careful now, folks

Velesto shares have officially suffered a “correction” after raising from the low of 0.165 on 21/12/18 up to the high of 0.41 on 7/11/19 in less than a year, folks. That more than 100% uptrend.

Worst still an extra cut of 500k barrels a day (total now at 1.7m barrels per day) is bad news for O & G industry for Y2020 as this will contribute to:

-A lower production & exploration from Petronas
-A lower sales volume of crude oil from Petronas
-A lower revenue & profit from Petronas
-A lower percentage of contract to be tender out in year 2020 by Petronas
-On the other end of the spectrum, U.S. shale oil production is growing at a furious pace and is expected to follow the trend into 2020.


Has the lion lost its roar? So be extra careful now, folks! Critical support level now at 0.345.

Critical support now at 0.345 folks. Will it be breached by aggressive selling by foreign funds who are now repositioning into the country’s bond market?

Hmmmm careful now, folks!

An extra cut of 500k barrels a day (total 1.7m barrels) is bad news for O&G industry for Y2020 as this will contribute to:

-A lower production & exploration from Petronas
-A lower sales volume of crude oil from Petronas
-A lower revenue & profit from Petronas
-A lower percentage of contract to be tender out by Petronas
-On the other end of the spectrum, U.S. shale oil production is growing at a furious pace and is expected to follow the trend into 2020.

So be extra careful now, folks!

Velesto shares have officially suffered a “correction” after raising from 0.165 (21/12/18) up to 0.41 on 7/11/19 in less than a year, folks. That more than 100% uptrend.

Now the lion has lost its roar. Careful now, folks!

Lol...Keep in mind folks, the price is what you pay, and value is what you get...pay too high a price and returns are decimated.

Careful now, folks!

Lol..Careful now, folks!

Remember folks, the final month of 2018 was the worst December on Wall Street since the Great Depression.

No Santa Rally? Hmmmm..careful now, folks!

Fresh US tariffs on Argentina and Brazil as well as threatened duties on French goods also darkened the mood, as a trade war that appeared to be winding down a week ago now looks like ramping up.

Careful now, folks!

If additional tariffs by Trump on China are put in place on Dec. 15, then there will be another severe sell-off.

Careful now, folks!

U.S. equities slid on Tuesday after President Donald Trump suggested he may want to delay a trade deal with China until after the 2020 presidential election.

Careful now, folks!

Lol

Just like FGV result: attributed the loss for the quarter to impairments amounting to RM304 million...so those investing in Velesto, careful nowwwww..hmmmm

Will the impairment losses on property, plant and equipment be the reasons dragging down velesto from making a good results? Hmmmmm..careful now, folks!

3Q19 lower profit largely due to impairment losses of property, plant and equipment? Hmmmmm..careful now, folks!

Careful now, folks! Risk come not knowing when to sell. Lower than expected for 3Q results?

Will there be an impairment loss for this coming 3Q? Careful now folks as investors are still bearish on velesto even after announcing new job secured.

Asb disposed 1.4 mil on 13/11/19 while Epf 9.12mil on 12/11/19...pump & dump strategy locking in profits.

Careful now, folks!

ASB now actively selling in the open market......5.7mil on 11/11/19 & 9.5 mil on 12/11/10 while EPF trading actively (pump & dump) protecting and preserving the profits already made.

What about you, folks? Careful now.

Risk comes from not knowing what you're doing..careful now, folks!

Hmmmmmm..careful now folks as critical support level at 0.350 can easily be broken if there is an impairment loss for this upcoming 3QR.

Careful now, folks!

Another impairment for this coming 3Q? Hmmm..careful now, folks!

Lol...careful now, folks!

Before right issue total number of share issued 2.162b & with current developments, velesto shud be trading at $1.600.

But now with share issued at 8.216b & with current developments 40 cents is good selling price. Careful now, folks.

Earlier on Thursday, signs were pointing toward a first-phase deal that would include a tariff rollback. China’s Ministry of Commerce spokesman Gao Feng said negotiators had discussions and “agreed to remove the additional tariffs in phases as progress is made on the agreement.”

And now Trump made clear Friday that the U.S. hasn’t yet reached an agreement and emphasized that he wouldn’t eliminate all tariffs.

Careful now, folks!

Lol

All the best, folks!

Quotes: Buy with your head, not your heart (emotion)

TP: 0.43 – TA
TP: 0.40 – Rakuten
TP: 0.40 – Kenanga
TP: 0.46 – Aminvest
TP: 0.38 – Affin Hwang
TP: 0.50 & abv - Shot-term investors

Greed vs Reality. Careful now, folks!

Is the US economy nearing a recession? Financial markets are flashing a key warning sign of recession, & the global economy is weakening as a result of the U.S - China trade war which appears to have discouraged many businesses from expanding & investing. If there is one (recession) anytime soon, it's hard to tell how long & deep it will be. So be extra careful folks.