Take whatever market offer to you. You're not in position to set the price. Wait for next round.

Bumi Armada...put trust in AK. He know how to manage.

Sorry correction there..velesto trading not at 0.14c but trading at 0.35++. Wrongly type.

I believed this year sure got more contracts..matter of time. Once they announce it then the price move up drastically...hopefully it will materialize.

Badkarma you need to learn to control your temp and indecent words (suggest to change your name from badkarma to goodkarma)..tongue is boneless dangerous weapons. Anyway i hope god bless you...happy trading.

Con artist is barking now..siapa makan cili dia rasa pedas. Those who believed this guy will go to holland
Hahaha!

Recommend to people and let them bleeding to death

Badkarma hope you are not another con artist.

Velesto slow and steady..relax

Where is our friend tkl88 oil price break 0.32...he supposed to say
Huat ah! Hang ah! Ong ah!

Hehehe!

NFCP not active (I believed on hold for time being). Logically speaking, PN Government spend huge amount of fund during covid pandemic (MCO). Common sense, do you think Government willing to continue back NFCP plan at this critical moment...if I give you an optional, Nation is more important or NFCP plan is more important which one we choose...of course the first one. Do we really need NFCP when Nation having a serious crisis. I think you all wise enough to think by yourself. I'm not saying that NFCP will abolish completely. It will kick one day but not at this nearest time, maybe it will bring forward or postponed to another 3 years from now (hopefully). This is my opinion something things can turn virtual. Happy trading.
.

FCM100..true but Petronas talking on behalf of them especially for refinery Plant (Maybe Pengerang oil process). Different companies got different procedures including rigs operation. Petronas got so many downstream under them. Even if Velesto willing to operate but I dont think in 100% scale. Anyway, now we got some clear picture after make comparison to all data. Let say if Velesto gearing up maximum output during this MCO period then it is good enough to support its financial report except for the downfall of oil price (after 18 March onward). I really appreciate your info, this is the way supposed to be...share good thing in correct time, not blindly shoot. We all in same ship to support and help each other. Happy trading.

One day show bro...buy ape lah ni. The contract that destini received not enough to push the price further up unless there's another new contracts. Preferable Government contracts. Dont confuse the others

Jan & Feb, Velesto rigs in full operation until 18 March. MCO implemented on 18 March (if I'm not wrong)...so Velesto got 2.5 month of full operations. I believed 1st qtr even not favourable but not as bad as we think.
April onward , Malaysia Government imposed strict movement control. Only essential products manufacturers allowed to operate. That mean, O&G not in that categories and NO rigs operation start from 18 March to end of April. May onward conditional MCO implemented whereby most of the industry permitted to operate that included O&G sectors. Velesto lost 1.5 month in rigs operation for 2nd qtr....you all do the figure.

2) Brent still stable 29 - 30. Now due to supply more than demand + storage capacity issues + restrictions in flights and etc etc...but I believed the cloudy period will be over and oil will hit 35 ++soon.

Nevertheless, Velesto is still good company with strong back from Amanah and PNB. EPF out temporary and I believed their withdrawal from this counter due to the recent incentive scheme that announced by our PM. They need huge amounts of money to cater rakyat needs. Once everything settle, they will join back.

This is my opinions...Sept onward Velesto will shine again...but sometimes it can turn virtual.
Happy trading. Patience is key for all success.

Forever 1 & 1.5..aduhai!

Fly where, fly to the moon ha..break 0.18 pun semput - semput...lol

Chain reaction on Tuesday. Opportunities to grab more

CMCO extended till 9 June. China more new cases.

Go go destini... tak go pun. Hahaha

Crude even break 35....then why so many excitement

Meow meow

Qtr ???

Oil price just reach break even points for Velesto nevertheless still floating 29 -30.
Malaysia politic just awaken. Tun strikes back and matter of time once parliament reopen.

US news reports suggest White House officials have already considered the idea of cancelling all or part of the US$1.1 trillion debt owed to China. Dispute still going on in between US/China.

Qtr going to be bad...dont just see the crude oil only. Careful

Qtr going to be bad...dont just see the crude oil price only.

Or play hit & run with minimum profit.

Dont waste your time in this counter...they even get much major contract whatsoever theirs annual earning terrible. It will take time for this counter to move . Go to glove and o&g companies as crude oil soaring up and glove is trend now due to covid..just opinions

Waiting waiting until bleeding to death

Howta punya counter..damn

Cash rich but cant move since last year..damn

By end of this wk crude oil break 35...pak tak loo

Hope tomorrow move up further

Badkama what makes you sure EAH cash rich company. Can you link us some info