The Contract is for a jack-up rig named NAGA 7 with an estimated contract value of USD8 million

Another contract...to 20 with loves

Ya ke..klu satu lagi contract monday sure towards 20 with loves...kikiki.

Not bad ha, open 0.17c and closed 0.17c...highest 0.175c after all with this impairment losses.

What announcement is that lah bro...why so suspend?
Or Another rumour only..

Share the inform ler..

All the while I thought stock market income exemption from tax...are you sure?

Ya kah..maybe you buying during the price hike. Bro this is call stock market.

I do agreed there's always a knee jerk reaction, selling in fear happen. Let see either Velesto well support and can absorb the selling pressure or not for today.

Brent making progress now. Our local O&G counters rely on crude oil price. No matter how good is their qtr report or no matter how many contracts they get...bottom line is crude oil price.

If not due to impairment actually Velesto gain..

Last year bumi Armada also posted losses more 200mil in 1st qtr and all due to impairment. Once the impairment settle, they are making money now after 2nd qtr onward. Sapura, Destini and MHB do the same thing previously. What I observed after the impairment some counters moving up...strategy. As per the CEO commitment, one rig operating, two on going next month and they already put up tenders for rest of the rigs. The CEO confidant they will get more contracts...rigs will fully utilize anyway.
As we all know all eyes on border, once the border open then oil demand getting high. Planes consumed more fossil fuel than cars..small matter no big deal. Anything below 16c is good to buy. This is my 2c opinions. TAYOR..

Everything below 1 is good to buy...ler. Tony boleh!!!

Nampak mcm brent rebound back..hopefully its continue.

https://www.thestar.com.my/business/business-news/2021/03/24/turning-point-for-bursa-beckons-as-foreigners-pile-in

Yah, I hope for positive qtr too...best luck to all.

Investors start buying, is that correlated with qtr announcement soon?

Aiyoo ada contract more 40mil pun buat share consolidation..mati Larr mcm ini.

I want to collect more once it's go down to 0.13c but....still strong. Aiyoo!

Oil will rebound anyway....

Oil recovery on the way..think twice before dispose..

https://oilprice.com/Energy/Crude-Oil/Signs-Of-Strong-Oil-Demand-Recovery-Are-Emerging.html

Good news...most probably brent will touch usd 70 again and move up further.

https://www.worldoil.com/news/2021/3/19/despite-some-turbulence-global-oil-demand-is-on-the-route-to-recovery

Who else want to buy other then own director...haha lol.
Director buy to prevent the price slide further and give some good perspective to investors...happened frequently just check Dato Rozabil transactions since 2019 and you all can make the conclusion.

Ada bau hangus...

Hahaha, matg layan je...

Qtr supposed to be good by the way we look at the transaction. Look at the previous trend normally they will release the qtr after the trading hours especially on last day of trading which is Friday.

Maxtrader, hopefully what you said will come to reality.

Hahaha...layan

Skrg tgh warmup...nanti naik laa.

Brent shows some significant improvement...now 64++. Time to move up. Enjoy the ride.

Velesto is darling counter for PNB...no worries yaa

Ada bau hangus dah...layan

Ya kah...tqvm.

Monday shoot up ler...kikiki

Oh yeah! Ini kali lah..

Ya kah..

Fossil fuels will continue to dominate the market for Decades to come

I'm consider still strong just drop 1c so far. Armada drop almost 0.035c since this week. Some sign that maybe maybe la qtr good..hopefully. all the best

Ya kah..kikiki

Hai! Satu Hari show sja kah...adohai

Sleeping elephant

Temporary..relax

0.40 is coming.

Brent had slipped 8.01% to $62.55 per barrel

Brent had slipped 8.01% to $62.55 per barrel..

Ya kah.

Yaa kah...

https://oilprice.com/Energy/Energy-General/Bidens-Energy-Agenda-To-Reduce-Oil-Production-And-Boost-Prices.html

Take position now..

Take position now

Super volcano