VS now also at low price n with good fundamental

Trading mflour-or n LR 4-1-2019 last day.

Maturity date for mflour-or ?

1. Velesto Energy Bhd

Formerly known as UMW Oil & Gas Corp Bhd before its rebranding in May, Velesto Energy Bhd failed to reach an expected turnaround by the end of its financial year ending Dec 31, 2018 (FY18) on lower utilisation of its rigs.

The stock was picked on expectations that its utilisation rate would register at 80% in FY18, but it had fallen to 75% in the third quarter of the year.

The group’s share price, which shot up to a one-year high of 46 sen on Jan 8, declined throughout the year to an all-time low of 17.5 sen per share on Dec 20.

The stock closed down 0.5 sen or 2.78% to 17.5 sen yesterday, leaving the group with a RM1.44 billion market value.

Although the group recorded a net profit of RM5 million in its first quarter of 2018 (1QFY18), it fell back into the red in the following two quarters, resulting in a net loss of RM32.6 million over the nine-month period ended Sept 30, 2018 (9MFY18).

Revenue has also underperformed in 9MFY18, down 2.73% to RM383.9 million versus RM394.7 million a year ago.

In October, Velesto president and executive director Rohaizad Darus told The Edge Malaysia weekly that he believes the worst is over for the company as it had cleaned up its balance sheet and is bidding for some US$500 million worth of jobs.

Analysts seem to agree as the counter is still favoured as a “buy” recommendation by five out of seven analysts with an eye on the stock. According to Bloomberg data, the consensus 12-month target price is 30 sen.

“With an improving outlook over the next 12 months, any short-term weakness in share price is an opportunity to accumulate,” said Maybank Kim Eng in a Nov 2018 report on Velesto.

Value of 1share LR=rm1..is it?

Will continue to rise

Keep on buying

I bought at 0.3

Yeah..final dividend is the most huge dividend given by sime..

Jaden not in bursa

I bought at 0.355

Business with China Huawei 5G?

Tp 0.98 coming soon..

Gonna fly up soon...Dow Jones up!!

Technically rebound estimate will rise to 0.5..

http://charts.thestar.com.my/?s=GTRONIC

Ya...eps now more than share price RM2.65...in calculation it supposed at 3.64..

If we not subscribe for the RCULS n right issue,we lose 25%of our ordinary share?

NEW YORK (AP) — U.S. stocks are mixed in morning trading Thursday as technology and health care companies rise.

NEW YORK (AP) — Global stock indexes jumped Wednesday to reverse some of their big losses from the week before. In the U.S., technology companies rallied and energy companies rose along with crude oil prices. Health care and industrial companies also jumped, while safer, high-dividend stocks like utilities and household goods makers were little changed.

Don’t miss the boat

End of this month got final dividend?

Dow Jones index up up ...

When the final dividend announce..anyone know?

Now this stock is undervalued....fair price I think is over RM3.00

OPEC will cut by 0.8 mb/d and non-OPEC will reduce by 0.4 mb/d. Crucially, because the baseline for the cuts is October and not November, the cuts will be significant. “By our calculations, this means that OPEC’s January output will be 31.7mb/d, about 1.2mb/d less than November; a significantly larger fall from current output than the 0.8mb/d headline OPEC cut might suggest,” Standard Chartered wrote in a note. “We have previously suggested that any reduction that takes OPEC output below 32mb/d should be considered bullish.” Saudi Arabia will cut output to 10.2 mb/d in January, down about 0.9 mb/d from November levels.

“We think the projected level of output will balance the global market in 2019,” Standard Chartered concluded.

This stock is growing stock!!

The directori of this company’s should something to improve company earnings....!!

Up to 1.50 very soon!!

When the bonus issue?

In up trend now

Who buy at 1.05 10k units.. now can earn approximately RM3000

Who buy at 1.05 is very lucky

In up trend mode becoz of good Quarter resort?

After cut oil production = oil price will go up

Rebound soon?

https://skyisthelimitskyisthelimit.blogspot.com/2018

Next TP 2.30

First correction a bit then continue up higher

Up so much already ...it may correction abit bcoz of sime take profit ..must becarefull!!!

Up trend start due to Trade war btween China -US had stop for 90 days..

Tomorrow will up or down? Any advice?

Huat ar!!

Up trend continue tmorow?

Ancom PE low just 5 only definitely undervalue!!potential go higher

When can reach 0.48 again?!

Hope that the Saudi and others opec member will not afraid US threat to cut production of oil in order to increase the oil price!!

Be patience n wait soon will reach over 2.00..

Oil price may rebound soon

Soon will rise up high...due to profit earring high!!