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2024-01-15 09:37 | Report Abuse
this company net cash as per latest QR is 69 mils (cash - loan & ignoring all receivables inventories etc),
at 0.04 it is trading at market cap of 49mils (even below the net cash of the company by 20 mils ?? )
unless you tell me the money account is fake or already sapu-ed by conmen ??
2024-01-15 09:20 | Report Abuse
when price touching 0.30, all fatt-king stu-pick analysts (kenanga the first) will queue up to UP TP to 0.40 !!!
Get used to thier trick to con ikan bilis already !! 🤣
2024-01-12 12:54 | Report Abuse
TP 0.30 surely can be reached by end January !!
2024-01-12 12:50 | Report Abuse
Like Hongseng, conmen pressing down to shake off ikan bilis liao !!!! TP :- 0.005 !
😮
2024-01-12 12:46 | Report Abuse
sleeping star ! twinkle twinkle little star is a song for sleeping !!! 🤣😴
2024-01-11 13:06 | Report Abuse
Volume is back !! Fund managers coming !! 💪
2024-01-10 12:17 | Report Abuse
Meletop 1-2 jam then tidur lagi ….😴
2024-01-09 10:09 | Report Abuse
Don’t fall back to RM 0.23 ( not 0.23 ct Mac) you can laugh already 😂
2024-01-07 10:59 | Report Abuse
I3 investors (TP RM 0.40) ..... not 0.40c (=RM0.004) as suggested by Mac above 😂
2024-01-04 15:23 | Report Abuse
after 3.30pm.... goreng time !!!
2024-01-04 15:14 | Report Abuse
"Very slow" jadi saham cepat kaya aku pun puas hati lah !! 🤣😂
2024-01-03 16:25 | Report Abuse
CNY bull market coming ! All syndicates ready to goreng goreng liao !! Trade with care !!
2024-01-03 16:24 | Report Abuse
Kalau conmen main, cepat cepat untung dan lari lah ! jangan tunggu sampai tak tahu cabut !
2024-01-03 16:11 | Report Abuse
Conmen back to con ikan bilis liao !!
2024-01-03 16:07 | Report Abuse
sabar to hold until 2030 lah .... until bankrupted and delisted !! 😂
2023-12-29 20:12 | Report Abuse
Ku ku bird sudah explode “Very slow “ pun masih tak explode ! 😂
2023-12-01 16:46 | Report Abuse
If got announcement of new substantial shareholder emerge from these few days top volume , then only can very-slow become very-fast !! 🙏
2023-12-01 16:39 | Report Abuse
Top volume but unchanged … meaning from left hand to right hand then right hand to left hand … like playing ku ku bird only !! 😂
2023-11-30 17:27 | Report Abuse
Today Top Volume !! but ..... price unchanged & sleeping !! 😖
2023-11-29 16:16 | Report Abuse
Use buttock to think also know this coming qr announcement will be LOSS already la !! 😅
2023-11-16 12:43 | Report Abuse
Judging by the drop of share price … I bet the next Quarter report will be below expectation …. We can only wait for next next qr report … to be announced in Feb 24 !
2023-11-12 16:43 | Report Abuse
Whether you have the fatt king patience to wait until the market turns rational according to your "rationality" ! 🤣
2023-11-12 16:41 | Report Abuse
"The Market Can Remain Irrational Longer Than You Can Remain Solvent ! " 😂
2023-11-10 13:10 | Report Abuse
I guess PNB is supporting the share price … so can still stand at 0.25 ! Next few days might see many insiders buying by PNB ….
2023-11-09 17:33 | Report Abuse
Rumors says PNB want to sell all shares but in actual fact they sapu 70 mils as announced ! What the F are they doing ? To confuse public and whack them ??
2023-11-09 10:04 | Report Abuse
Today top volumes !!! but going down ..... want to cry also no tears 😭😭
2023-11-08 11:45 | Report Abuse
despite all the sexy hot rumours... this sleeping counter still keep fatt king sleeping !! 😭
2023-11-04 10:24 | Report Abuse
How many shares doesn’t really matter , since the stake is huge , only big players are able to take up, maybe international players from Arab etc … judging by they interested to come to sapu oil assets in south east Asia recently !
Once the sale confirmed, share price can only go up !!!
2023-11-04 09:36 | Report Abuse
“PNB may be looking to sell Velesto Energy stake worth over RM1 bil”
Latest the edge report
The news just in ! Next week share price sure shoot up !
2023-11-01 15:23 | Report Abuse
mostly fake volumes , i think, what the fatt ?! 😅
2023-10-31 15:20 | Report Abuse
Velesto Energy is poised to stage a bullish breakout while testing the immediate resistance. We observe that the stock has been consolidating sideways beneath the MY0.265 resistance. If it climbs above the immediate resistance, this will confirm that the consolidation phase is over and the resumption of the upside movement. In this case, the stock will climb towards the next resistance pegged at MYR0.29, followed by MYR0.31. Towards the downside, falling below the MYR0.24 support will nullify this expectation and set off a correction phase.
Source: RHB Securities Research - 30 Oct 2023
2023-10-25 14:42 | Report Abuse
"Should there be any amount recovered will be an income to the Group."
In reliance of the preliminary findings of Virdos Lima Consultancy (M) Sdn Bhd, the
former board of directors of the Company had on 26 August 2022 caused the Company
and Caely-M to commence an action at the Ipoh High Court to recover the sum of
RM30,552,000.00 (“Ipoh Suit”).
Meaning if the company can win the case against those former board members / directors, they can declare income of ard RM30 mils plus ??
2023-10-25 14:40 | Report Abuse
1. The findings from the investigation report by Virdos Lima Consultancy (M) Sdn Bhd
Reply
The investigation report by Virdos Lima Consultancy (M) Sdn Bhd reveals that there are
irregularities concerning Caely-M’s transactions with certain parties comprising of a series
of questionable transactions, potential concealment of financial interests, and conflicting
relationships, which undermined the transparency and credibility of the Company’s
financial disclosure.
As the matter is currently pending litigation before the Court, the Company is unable to
disclose the findings in detail.
2. The operational and financial impact arising from the investigation report.
Reply
There are no operational and financial impacts arising from the investigation report.
3. The impact of the findings from the investigation report on the financial statements.
Reply
The amount due from relevant parties highlighted in the investigation report has been
fully impaired in the financial statements of the Group in prior financial years. Should
there be any amount recovered will be an income to the Group.
4. Steps taken or proposed to be taken to address the findings from the investigation
report, and timeline for the implementation.
Reply
In reliance of the preliminary findings of Virdos Lima Consultancy (M) Sdn Bhd, the
former board of directors of the Company had on 26 August 2022 caused the Company
and Caely-M to commence an action at the Ipoh High Court to recover the sum of
RM30,552,000.00 (“Ipoh Suit”). It was the preliminary findings of Virdos Lima
Consultancy (M) Sdn Bhd that the said sum was misappropriated from Caely-M.
On 29 August 2022, the former board of directors were replaced by the new board of
directors. Upon reviewing the matter, it was clear that non-related parties were named
in the Ipoh Suit. As such, the new board of directors decided to withdraw the Ipoh Suit
and directed a fresh legal action against the proper parties be commenced for the
recovery of the misappropriated fund as per the preliminary findings of Virdos Lima
Consultancy (M) Sdn Bhd to protect the Company’s interest.
On 19 October 2022, the Company and Caely-M had initiated legal action against 12
individuals which include former directors, chief executive officers and/or chief financial
officers of the Company and Caely-M.
The Company has since then made it a priority for Virdos Lima Consultancy (M) Sdn Bhd
to finalise and complete their investigation report as soon as possible due to the reasons
above taking into account that the Ipoh Suit was first commenced based on their
preliminary findings alone.
The suit is currently fixed for case management and hearing of the interlocutory
applications on 8 December 2023.
Based on the Company’s lawyer’s advice, the investigation report will be submitted to the
High Court as evidence to advance the Company’s and Caely-M’s case.
This announcement is dated 25 October 2023
2023-10-13 12:16 | Report Abuse
Instead of "shooting to the star", this counter more like sleeping with " twinkle twinkle little star " 🤣🤣
2023-10-11 11:40 | Report Abuse
According to the latest Q report, Classita is the defendant and sued by some major shareholders regarding the rights issue, the company won the case in high court then the shareholders appealed, yesterday they withdrew the case.... meaning Classita no need to worry about the suit from the major sharehoders d !!
Few months ago they also settled another case with those major shareholders ....and won the case !
Looks like court proceedings are mostly in favour of the company !! 👍
2023-10-11 11:32 | Report Abuse
meaning 👆 no more court proceeding ?? should be good news ?
2023-10-11 11:31 | Report Abuse
CLASSITA HOLDINGS BERHAD ("CLASSITA" OR "THE COMPANY") - KUALA LUMPUR HIGH COURT ORIGINATING SUMMONS NO. WA-24NCC-136-03/2023
Reference is made to the Company’s announcements dated 13 March 2023, 21 March 2023, 22 March 2023, 23 March 2023, 28 March 2023, 8 May 2023, 15 June 2023 and 14 July 2023. Unless otherwise stated, the definitions and terms used herein shall have the same meaning as defined in the said announcements.
The Board of Directors of Classita wishes to announce that the Plaintiffs have withdrawn the appeal lodged to the Court of Appeal on 6 October 2023.
This announcement is dated 10 October 2023.
2023-10-05 15:11 | Report Abuse
M group is back in action !! 🤣
2023-10-03 18:47 | Report Abuse
EPF still have 454 millions share on hand to dump !!
2023-10-03 18:45 | Report Abuse
Judging by the volume dumped by EPF Can queue at 1.50 !
2023-10-02 15:19 | Report Abuse
Looks like MCA sapu-ing non stop liao !! Huat AH !!!
2023-10-02 12:02 | Report Abuse
EPF & the gangs keep dumping everyday, how to go up ?? need them to stop first !!
2023-09-26 15:20 | Report Abuse
Got stuck with this "Very Slow" for ages & now want to cry also no tears !!! 😭😭
Stock: [VELESTO]: VELESTO ENERGY BERHAD
2024-01-15 09:44 | Report Abuse
Share price up, analysts will up TP to follow the price,
Share price down, analysts will down TP to follow the price also,
If not, they will be seen as "bo chun" and will be sacked by thier bosses man !! 🤣