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2020-06-30 09:18 | Report Abuse
serbadk no more selling from bawang
2020-06-29 13:51 | Report Abuse
anyone attend the velesto agm at 2pm?
2020-06-27 10:55 | Report Abuse
@2017, wat price u going to buy now
2020-06-25 09:43 | Report Abuse
serbadk keep dropping, all trap gaw gaw
2020-06-24 14:46 | Report Abuse
Anyone got velesto contact number, wish to call thete to clarify something
2020-06-24 13:25 | Report Abuse
"With contracts canceled and debts mounting, offshore oil drillers face another shakeout"
https://www.investing.com/news/commodities-news/with-contracts-canceled-and-debts-mounting-offshore-oil-drillers-face-another-shakeout-2210545
2020-06-24 13:24 | Report Abuse
"With contracts canceled and debts mounting, offshore oil drillers face another shakeout"
https://www.investing.com/news/commodities-news/with-contracts-canceled-and-debts-mounting-offshore-oil-drillers-face-another-shakeout-2210545
2020-06-23 15:43 | Report Abuse
big selling by foreign fund last week
2020-06-23 15:37 | Report Abuse
oil price keep going up, shares price mcm bangkai
2020-06-21 14:09 | Report Abuse
@mabel, u r really an oil investor giant
2020-06-20 14:48 | Report Abuse
COLUMN-Oil prices no longer especially cheap after strong rally: Kemp
(John Kemp is a Reuters market analyst. The views expressed are his own)
By John Kemp
LONDON, June 19 (Reuters) - Oil prices are no longer particularly cheap by historical standards.
Perceptions about prices tend to be over-influenced by recent experience so current prices feel very low to producers used to receiving $60-80 per barrel over the 2018/19 period.
But over a longer time horizon, current prices are not especially cheap, and are only a little below long-run averages over the last few price cycles.
Current Brent prices at just over $40 per barrel are in the 49th percentile for all months since 1988, after adjusting for U.S. inflation (tmsnrt.rs/2V1lJea).
If prices were to settle at this level through the end of the year, the annual average would be just over $40, compared with an inflation-adjusted median of $50-55 since 1973.
The strong rally since April is a sign crude traders are confident about a sustained rebound in consumption over the rest of this year and that OPEC+ and U.S. shale producers will restrain output until excess stocks are absorbed.
As a result, the balance of risks has become more symmetrical than it was two months ago, when prices were clearly unsustainably low, which likely explains why the rally has lost some momentum over the last two weeks.
If the economic recovery and resumption in fuel demand proves more protracted, shale output does not fall as much as expected, or OPEC+ cohesion frays, price could pull back again.
But if a more optimistic scenario is realised (strong economic recovery, limited shale production, continued OPEC+ cohension), prices might continue to rise towards their pre-pandemic level of $55 or even $65 per barrel
2020-06-20 14:14 | Report Abuse
COLUMN-Oil prices no longer especially cheap after strong rally: Kemp
(John Kemp is a Reuters market analyst. The views expressed are his own)
By John Kemp
LONDON, June 19 (Reuters) - Oil prices are no longer particularly cheap by historical standards.
Perceptions about prices tend to be over-influenced by recent experience so current prices feel very low to producers used to receiving $60-80 per barrel over the 2018/19 period.
But over a longer time horizon, current prices are not especially cheap, and are only a little below long-run averages over the last few price cycles.
Current Brent prices at just over $40 per barrel are in the 49th percentile for all months since 1988, after adjusting for U.S. inflation (tmsnrt.rs/2V1lJea).
If prices were to settle at this level through the end of the year, the annual average would be just over $40, compared with an inflation-adjusted median of $50-55 since 1973.
The strong rally since April is a sign crude traders are confident about a sustained rebound in consumption over the rest of this year and that OPEC+ and U.S. shale producers will restrain output until excess stocks are absorbed.
As a result, the balance of risks has become more symmetrical than it was two months ago, when prices were clearly unsustainably low, which likely explains why the rally has lost some momentum over the last two weeks.
If the economic recovery and resumption in fuel demand proves more protracted, shale output does not fall as much as expected, or OPEC+ cohesion frays, price could pull back again.
But if a more optimistic scenario is realised (strong economic recovery, limited shale production, continued OPEC+ cohension), prices might continue to rise towards their pre-pandemic level of $55 or even $65 per barrel
2020-06-19 14:55 | Report Abuse
oil stock no power. may be too many ikan bilis
2020-06-19 07:49 | Report Abuse
Too many minor share holders here, the price may go further down
2020-06-18 17:42 | Report Abuse
Yesterday so big volume, is it thrown by him dato bawang
2020-06-17 15:51 | Report Abuse
this bawang really hopeless, he should sell above 2
2020-06-15 14:25 | Report Abuse
today will go down to the support level which is 1.23
2020-06-14 22:14 | Report Abuse
What if the project cancelled. Becoz too much money pump into BSH
2020-06-12 14:31 | Report Abuse
if myeg get the contract, and dsonic out. what will happen to its share price
2020-06-11 10:44 | Report Abuse
@saidora, any basis that it will break 1.85 tomorrow?
2020-06-11 08:05 | Report Abuse
@panda, what makes u to buy armada again?
2020-06-10 17:44 | Report Abuse
No more disposal from Awang Daud
2020-06-09 11:50 | Report Abuse
@2017, you also all in velesto??
2020-06-06 16:03 | Report Abuse
@rj87, where are u now? Pls all in now
2020-06-01 19:45 | Report Abuse
@2017, he may borrow ah long to all in
2020-05-30 20:16 | Report Abuse
Mikekim may come out tomorrow, announce that he hadbought few ten millions of armada shares and the average price was below 20c.
2020-05-30 20:12 | Report Abuse
@rj87, this is armada forum, why u post other shares here? Will u reenter the armada?
2020-05-28 11:31 | Report Abuse
@panda and 2017, can gamble on this coming QR?
2020-05-22 12:32 | Report Abuse
@panda, any postpone for this QR?
2020-05-18 17:15 | Report Abuse
Where is rj87 now? Crying at home
2020-05-18 10:27 | Report Abuse
RJ87 and Investor King sure very sad on their buy on dip buy on dip method
Stock: [VELESTO]: VELESTO ENERGY BERHAD
2020-06-30 09:39 | Report Abuse
after few weeks first time see velesto turn green