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Good thing the stubborn Kenanga IB finally upgraded Velesto from Sell to Hold with TP 0.26. 😌

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Greedy G is lucky one, he came in when the shit already almost cleared. He gain all the company recovery benefits (which any assshole put at that position also could deliver the same) he didn't secure any new project!

Everyone love buy low sell high. Only dumb one talk kok here.

Kasi sekali limit down all warriors run away ma. A lot of meat to eat ma

No power already? Kasi limit down lah if got power.

Why suddenly so many IB talking about Velesto and raised the TP without new contract or new QR result release? IBs waiting to sell or?

Maybank IB raises target price for Velesto to 34 sen, expects strongest performance in 4Q2023

https://theedgemalaysia.com/node/697539

No you misunderstood my meaning. I mean the Glove stocks performance and Covid cases relationship is already over. Chapter closed and move on.

Posted by Gaussian > 2 minutes ago | Report Abuse

You must be joking to say Covid is over. lol

Ya Covid already a history. Now is normalization play. Back to pre Covid already can earn money!

GLC company where got so hardworking one. 🤣🤣🤣

Posted by SinGor > 1 hour ago | Report Abuse

I think Management will release results before CNY24 if results is very Good.

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Expected new contract announcement for Naga 2, 3 and 4. End Feb QR profit should be more than RM 20 million.

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Nice article ! Hope this round could break 0.30!!! But I already queue sell 2nd batch at 0.295 until next month. 😅😅😅

https://klse.i3investor.com/web/blog/detail/dailypulse/2024-01-15-story-h-210471244-Velesto_Energy_is_looking_good_again

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3 weeks before CNY. You kancheong apa? I will post here when I lock profit the 4th times, just stay tuned ya.

我吹吹水， 别当真。

这一卦的形象是天上的龙飞翔，象征着强大而积极的能量! 😂 小心亢龙有悔!

Posted by xiaoeh > 8 minutes ago | Report Abuse

Posted by Felix888999 > 7 minutes ago | Report Abuse
Overnight 飞龙在天!

请问这属于什么挂？

Challenging one decade high within the same day. If no good news supporting this, ..... 🤷

Posted by 无风不起浪，洞察不寻常 > 1 minute ago | Report Abuse

有人漏夜赶考场，有人辞官归故里。

Overnight 飞龙在天!

I didn't queue buy now. Just said if dropped below 0.80 I will be happy too.

V shape recovery is confirmed in Glove Industry. Just open your eyes when Harta release this quarter results before CNY.

Whatever. Up I will be happy, down to below 0.8 I will be very happy.

This counter has a lot of swing play opportunities 🤗

Sold the batch bought in Dec dip @ 0.26.

Next batch queue sell 0.295 🤣🤣

Ya from time to time have to claim some dividends from the market.

Posted by Robert Waters > 22 minutes ago | Report Abuse

55 coming soon. Then 56.
I can sell some I bought prematurely in Novermber.
Well, at least no loss then.
:-)

Why suddenly testing Nipah virus vaccine in Oxford? Got outbreak ?

https://www.reuters.com/business/healthcare-pharmaceuticals/oxford-starts-human-testing-nipah-virus-vaccine-2024-01-11/

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I heard from the other side, Siao Lang's old HTC mobile phone finally spoiled. No money buy a new phone. Some said already in ICU.


Posted by TalkNumberOne > 8 minutes ago | Report Abuse

Siao de lang yohoooo? Where are you? Sudah rest in peace impotence no cure?

Global oil demand set to hit record, oil and gas stocks expected to gain momentum
Sinchew Fri, Jan 12, 2024 06:33pm - 1 day



(Photo: AFP)
(Kuala Lumpur, 12th) With the U.S. Energy Information Administration (EIA) forecasting that oil demand will hit a record high in 2024-2025, analysts believe that crude oil prices will continue to rise in the medium term and therefore maintain a "positive" rating on the industry .

According to a report from Maybank Research, the bank expects Brent oil prices to remain high in 2024, but will fluctuate significantly.

Analysts said that according to the U.S. Energy Information Administration's December 2023 Short-Term Energy Outlook report, crude oil is expected to experience a supply and demand gap in the first quarter of 2024, with global consumption slightly exceeding production by 0.80 million barrels per day (mbpd). Crude oil consumption will reach 102.34 million barrels/day in 2024, a record high, and the gap between supply and demand will narrow, with an annual average of 0.15 million barrels/day.

The report shows that the oil market will continue to face three energy dilemmas in 2024, namely 1) demand reaches a record high, reaching 102.34 million barrels per day, 2) insufficient investment leads to tight supply, 3) potential geopolitical risks, trade wars, and embargoes , these factors will continue to cause volatility in the oil market.

OPEC+ cuts production until end of 2024
Analysts said that according to the latest meeting between the Organization of Petroleum Exporting Countries and Allies (OPEC+) on November 30, 2023, the organization and its allies, led by Saudi Arabia, agreed to voluntarily reduce production by 2.2 million barrels per day until the end of 2024. , stabilize and balance the oil market.

Looking ahead, the bank expects OPEC+, which accounts for more than 30% of global oil production, to further cut production if oil prices cannot remain above $75.

As the group continues production cuts into 2024, oil supplies will remain tight for the foreseeable future.



Petronas’ capital expenditure will be large this year
According to the report, Petronas has hinted at considerable capital expenditures in 2024.

According to the bank’s observation, national oil companies must decide how to strike a balance between the following three major decisions: 1) capital expenditure, 2) dividend commitment, and 3) maintaining balance sheet.

“Petronas held net cash of RM96.7 billion as of end-September 2023.”



With the average expected price of Brent crude oil at US$85, Petronas’ dividend commitments are RM32 billion in 2024 and RM40 billion in 2023, but the bank believes that Petronas’ capital expenditures may be considerable, Yinson Holdings said. , 7293, main board energy group), International Shipping (MISC, 3816, main board transportation and logistics group), ARMADA (5210, main board energy group), ICON, 5255, main board energy group and Daile The Group (DIALOG, 7277, Main Board Energy Group) is the main potential beneficiary.

The report also shows that due to the substantial growth in maintenance, construction and modification contracts (MCM) and hookup and commissioning (HUC) projects, coupled with the increased demand for offshore support vessels (OSV), Dayang Enterprises (DAYANG, 5141, Mainboard Energy Group) ), Bida Energy (PENERGY, 5133, Main Board Energy Group), and CARIMIN Petroleum (CARIMIN, 5257, Main Board Energy Group) have good prospects in 2024.

In addition, assuming that the average price of Brent crude oil in 2024 is US$80, the bank's top picks are Yinson Holdings, Mark Offshore, VELESTO Energy (VELESTO, 5243, Main Board Energy Group) and Huashang Institution (WASCO, 5142, Main Board energy group).


https://www.klsescreener.com/v2/news/view/1262181

谁来当子弹？

HLB said Velesto estimated Dividend yield: 6.1% (FY2024 estimate). Lol one decade no dividend leh.

Broker: Hong Leong Investment Bank Research
Investment advice: Short-term buy
Available buying prices: 23 sen, 24 sen, 24.5 sen
Upward target: 28 sen, 30 sen, 31 sen
Stop loss point: 22 sen
Closing price: 25.5 sen (as of Jan 11)
Earnings per share: 3.7 sen (FY2024 estimate)
P/E ratio: 9.6 times (FY2024 estimate)
Dividend yield: 6.1% (FY2024 estimate)

Technical charts show that VELESTO Energy (VELESTO, 5243, main board energy) is brewing a U-shaped rebound trend, indicating a strong upward trend in the stock price.

If the stock strongly breaks through the support level of 25 sen, it will stimulate the stock to move further towards the levels of 28 sen, 30 sen and 31 sen. However, once the stock price falls back to 22 sen, investors are advised to stop losses in time.

In terms of fundamentals, VELESTO Energy's net profit in the third quarter of fiscal year 2023 fell 92% year-on-year to RM1.2 million, mainly due to the maintenance of four fleets respectively and the utilization rate of JU drilling rigs falling from 88% to 60%.

However, with all JU drilling fleets starting to operate at full speed in the last quarter, and with negotiations with Petronas to increase the daily charter rate (DCR), the company's net profit will rebound significantly in fiscal 2024, based on a profit of RM36.1 million per quarter101 %.

新年过后新的QR出来，市场会忘记4.65亿注资。现在让子弹飞一会儿。😉

他在印尼工作，家人在马来西亚。很寂寞难耐的。你们要多陪他吹水。😉

Posted by lene > 6 minutes ago | Report Abuse

Hello!

@Sslee哥哥
你還是多花點時間陪陪家人吧。
不要整天住在FORUM裡跟一整群8+9的人聊天。

這裡只會無意義消耗你的時間。

Same Siao Lang with 3 different aka IDs and 3 different assshole characteristics.

Posted by TalkNumberOne > 43 minutes ago | Report Abuse

Hailideyu, since here record breaking number of days no noise from siao lang, does that means we hoseh Liao?

What is average tree age for TSH?
10 years?

Why you cursing the world? So bad.
Just back to pre Covid is good enough make handsome profit. Don't be so greedy.

Posted by Gaussian > 1 hour ago | Report Abuse

A plandemic is definitely coming in 2024. lol

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Many decamillionaires in I3 forum, don't play play.

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Haha haha I'm free thinker leh.

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