Positive news fliw

Share Consolidation 5 into 1 { big blow for shareholders}

Local O&G relies heavily on Petronas contracts

IF we lose our biggest buyer { India} plus EU reduced demand for palm oil. Pla tations in for a tough time. Biodiesel { palm usage} not sustainable in the long run given gas oil price diffential. Not forgetting the African swine fever that wipes out China 40% of their poultry. Reduced demand for soymeal translate into lower SBO prices that will hit palm prices and China demand for the tropical oil usage. INDONESIA Estate fund for palm bio diesel subsidy insufficient for their B20 running short (forget B30} currently they are running short on their country balanced of payment subsidy will be will be channel into more urgent needed sector not the palm sector. Year end world wide stock will balloon up.

This counter is still struggling to find its footing. A lot of investor's still holding on to their losses. Most likely trapped in a tight trading band 25 - 28 range despite improving market sentiment. MACD still negative { just my personal view}

EGM staff esos has a { holding period} for 3 years before they can be sold. This will help any dilution or conversion n sold immediately. Non executive directors not granted any entitlement. Under the esos scheme. The esos scheme is a incentive scheme for imagine esos is price at 32 sen their staff. Main beneficiary is the president and CEO. Imagine exercise price at 32.5 { vesting period for 5 years.} the market price hit 80 sen when oil hits USD 80 per barrel

2020 zero in on blue chips { eg bitten down shares} good dividend yield and below market consensus

EGM {CEO} positive on company performance. currently rigs utilisation around 80%expect more contracts in the pipeline. last qtr result { turn around 12 million nett profit}

Private equity funds recommend CMA (Cimb, Maybank and Ambank}

US rate cuts { indirectly affect the dollar} if BNM maintain their rate. Funds are likely to sell dollar and swap emerging countries currencies (spread between interest rate} USD may weaken and MYR strengthen. Bad for our exports going forward

72 million per annum more than 1/3 of our bursa listed companies make in a single year { nett profit per annum}

Higher demand for Jack up rigs seem positive for Velesto. Petronas expected to increase & the number of Jack up rigs { for local operators} velesto seem the main beneficiary

Something is brewing after a long slumber

Is a big joke drinking 2 tea spoon of cooking oil. Ask Teresa kok do it

Our Plantation ministry toothless over the sting raised by TDM on the controversial Kashmir

CEO has said reduced demand from India buyers { Malaysian palm oil} . Sime will offset this by shipping supplies and switch from their Indo side. Smaller upstream companies will be affected once India switch their domestic usage from Malaysia to Indonesian suppliers. No thanks to the Kashmir issue

Bandar Malaysia and LKH counters hit by hiccups over the related 2 billion bond issue. MOF has asked LKH to resolve this 2 billion bond

Khazanah now seems to be more pro active in the price picks and more trading activities. Expect more trading activities on their stock investment. Some picks are for capital gains other for short term trading

Friday tend to be dul. Monday holiday.

Aminvest trading price target 37 - 39.

Without prejudice to any parties. Petronas and their partners are world class{ fortune magazines} but not the local rig players. Jack up rigs and off shore platform is not rocket science. Most of the players relied on Petronas for their businesses. The past 2 years was a big sell down for this local companies with Petronas curtailing their awards. With price holding between USD 55 - USD 63 { do not expect any fireworks from Petronas. What Petronas is doing carrying on the deffred capex which they earlier earmark. Most of this contracts will be awarded to GLic linked contractors { control by Khazanah or EPF. Just my 2 cents worth

TG (CEO) mentioned that they have a passed on mechanism for any incremental cost to their buyers (eg. Raw materials, wages, gas cost} this products are adjusted based on their requirements

Still trapped in narrow trading range

Possibility of good qtr result [ leasing of all niaga rigs} plus coming EGM

Thai Cimb great result. Ooi kok hwa recommend Maybank & Cimb { blue chips portfolio}

Controlling shareholders selling doesn't place too much confidence in the. I in the minds of others

Double wammy for Malaysia palm oil. India and EU pull back can hurt our industry. Plantations going for a rough ride and turbulent times { especially for pure upstream players)

Epf and Asb are holding a lot of velesto shares

MQ research favourable review on Cimb & Maybank. Upside momentum

TG {CEO} breakfast interview very confident all the headwinds facing the company is over. Now it expect more favourable tailwind blowing. Confident with the acquisition of Aspion and production expansion in place. All boils down positive for company. Since listing in 2001 TG has never failed its shareholders

Without the HSR link Bandar Malaysia project need to be delayed

No clarity. Still finding it's foothold

Knm already hitting new high [ velesto] still struggling

Will be happy to hit 5.10 { resistance mark}

PBB not for retail. Dividend wise better opt for RHB or Cimb as an alternatives (current price level) just my personal view

Limit up! this people trying their best to psy up & shore up confidence. we see lots of it. ONLY advice buy at your own risk & do your homework

If no new stimulus expect to trade sideways

Dow up +300 should be positive

Nothing to look at banking sector (budget 2020)

Stagatned at 18 - 19 price range

25 sen is the support line

EGM at end Oct. Can asked their BOD views on company performance

Good trading counter. 2 days up from 73 to 82

Buy on rumours sell on news

Price adjusted today for the interim 14 sen dividend.

Margin call { shares pledged to Banks} by shareholders. Forced selling when IB unable to offload block buyers

Any rights issue will hurt the counter { in today uncertainties} chart showing negative trend. JUST my personal take

Book their profit on their 4 estates sale. Once off gain. Operating losses for 6 consecutive qtr ( IF NOT the estates disposal} half of the peninsular land sold. Not a good indicator { stripped of their land disposal gain)

Every qtr loss around 110-130 million. Year todate already - 400mill. Don't expect any turn around

Whatever the case. Ekovest is trending down