Good news coming soon..collect more and don't miss the boat!

Don’t say I never tell you all…I’m with Calvin….additional points not
known to many

1) Confirmed Velesto will be getting awards from more than 2 major oil
operators vele vele soon
2) Velesto is the only local rig owner in Malaysia and priority will
be given to them by PETRONAS
3) Velesto rigs utilization will be above 90% if not 100% this year
and remain high for the next few years
4) Velesto jack up rigs are very much in demand compared to tender
assist rigs (Sapura sold off this division previously)
5) Velesto got impacted by the negative market sentiment unnecessarily
all because Sapura case (see point no. 4 above). So once the general
market understand this sooner than later, the share price will go up
slowly but surely. My target is at least 1.00 by year end.

Don’t believe me? This is not written by me. See report from PETRONAS here and do your simple math
https://www.petronas.com/ws/sites/default/files/Media/PETRONAS%20Activity%20Outlook%202019-2021.pdf
(Page 23 & 24)