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2021-05-25 09:33 | Report Abuse
Reyeskb , most of tomei share is with management and director . Hence higher share price due to low circulation in market
2021-05-24 00:37 | Report Abuse
Increase in price + reduction in worker cost = Increase in profit = higher share price
2021-05-24 00:36 | Report Abuse
Cut worker = reduced out put = increase in fruit price
2021-05-19 16:32 | Report Abuse
Yea the price won't move much . Just 0.005-0.01 only . We already saw much much this counter can drop and rise after mco . So many people will not throw the price
2021-05-05 21:30 | Report Abuse
Won't fall much . Velesto is very heavy . Will change +- 0.005 to 0.05 only . Nothing to worry . Of drop should have dropped yesterday or today when the news broke out .
Investors are not selling because the rig is insured more than the write off value . Anyhow velestowull not be in loss .
ConocoPhillips is the one Will be in loss
2021-05-05 07:56 | Report Abuse
Record price for palm oil . Q2 will be new high . Buy now and keep for 1 month . Good profit
2021-05-05 07:54 | Report Abuse
Reliable info
1. The rig is covered by insurance. Regardless of the underlying cause as long as the setting was validated by safety manager .
2. The rig responsibility is under ConocoPhillips once the agreement was signed .
3. Velesto will write off naga7 , the loan will be set-off by insurance.
4. Velesto likely to lose on maintenance fee only . The rig rental agreement still need to be bourne by ConocoPhillips until the settlement of loan or write off by insurance agency .
2021-04-22 21:04 | Report Abuse
Ron90 , like which counter ? This is the only rig leasing and servicing counter in Malaysia . The price will touch 0.3 once covid is controlled
2021-04-22 14:45 | Report Abuse
Suddenly huge buying volume . Any news guys ?
2021-04-21 23:16 | Report Abuse
Velesto is not an oil company . Its rig service company . The oil price does not influence its earning .
The among of rig used translates to revenue . Recently naga 4 and 6 rig was used . So that profit will be reflected at next quarter
2021-04-19 15:11 | Report Abuse
Before much the price was around 0.585 when I entered ( I also entered ast 0.630 , 0.515 , 0.435 ,0.385 , 0.335).
So price above 0.5-0.56 is accurate estimation
2021-04-16 20:20 | Report Abuse
2021-04-15 11:56 | Report Abuse
2021-04-15 11:56 | Report Abuse
2021-04-13 12:16 | Report Abuse
Why suddenly increased . This is one stock for long term investment . Didnt sell it even when it drops . This counter pays good dividend.
Plus Vincent than and johore Sultan holds majority of the share at 0.8 . So no worries for me . My largest batch is at o.385 .. some at 0.515 and 0.620
2021-04-12 09:50 | Report Abuse
Why suddenly up today ? When other counter all in red ?
Anything to do with mrt project ?
Gamuda also increased .
I think will have news later in the evening
2021-04-09 08:57 | Report Abuse
Good counter for investment. I'm holding this counter for long term investment .have been adding for sometime
2021-04-06 15:27 | Report Abuse
Just keep aside . Will go up when palmoil price goes up
2021-04-05 22:46 | Report Abuse
Tomorrow will test 0.525 . Tested 0.525 a few times since 2 monyhs ago.
Once it breaks 0 525 the next resistance will be at 0.565 and 0.585
2021-04-05 15:45 | Report Abuse
Just keep it . It will go up on coming days .
Mrcb slowly picked up last week and the mrt news came yesterday.
Accumulation is happening
2021-04-02 14:43 | Report Abuse
Of course no one follows you . We cynically think you a pumkin
2021-04-01 11:02 | Report Abuse
On the other hand I sold some and took profit .Still keeping some small amounts. Will buy on next dip
2021-04-01 08:50 | Report Abuse
Haha calvintaneng guy is here ... do the opposit of what he says . Joker. No one takes him seriously
I have been in this counter for a few years . Its a good company . Now the company have started to make profit. Will increase in coming years . Just buy and keep it .
As long as gamuda and mmc in construction sector this counter will keep on making profit
2021-03-31 20:58 | Report Abuse
Net profit rm36.5 mill . Increased 1266%
This company worth at least 0.3
2021-03-31 11:04 | Report Abuse
I'm out at 4.5 .. thank you topglove .
You were the best company during the hc bull run .
You were let down by the bad management and super kiasi company .
The dividend was pathetic .
I'm investing all my sales from topglove in harta. Seems more stable for future .
Thank you all brother and sifus
2021-03-31 09:05 | Report Abuse
why drop today ? Every day drop how to tahan ... once it touches 4.5 I'm out . Already made enough from this counter
2021-03-30 12:01 | Report Abuse
The chlorination system is one off investment. Ots a very simple dip and dry using chlorinated water. The maintenance is just chance the water after each production and maintain the ph .
This company is worth about 0.2 only ...
2021-03-30 10:58 | Report Abuse
This is not even a glove company . Its a company which design chlorination system for glove ..
The sales won't be recurring ..if there is no new glove factory than there won't be sales for its system
2021-03-30 10:54 | Report Abuse
Glove bearish now .... wait for a few days ... decide on Monday whether to enter or not ... now is too jigh
2021-03-29 15:01 | Report Abuse
The price is Fluctuating. Didnt drop much also . They way you all talking was as if this counter will limit down ... nothing happen
2021-03-29 14:55 | Report Abuse
Bloody hell .. what is happening ?
2021-03-29 08:05 | Report Abuse
You orang katalah apa yang korang nak ... operator kata naik hari ini akan naik hari ini .. orang macam kita bising apa pun tak guna
2021-03-22 18:14 | Report Abuse
The news is good . But the profit will only reflected in 3rd and 4th qr onwards .
Plus oil is on downtrend now .
Once the oil price reaches 70 usd this counter will be around 0.19-0.2 .
When oil reaches 80 , this counter will be o.25-0.285 .
So just buy and keep it for long term
Stock: [VELESTO]: VELESTO ENERGY BERHAD
2021-05-30 13:53 | Report Abuse
OnG services are essential and will continue to run . But since the sentiment is bad the share price will drop 0.005-0.01. If have money just buy and keep .