Posted by calvintaneng > 2019-03-11 21:06 | Report Abuse

See Dato Dayang as Director of VELESTO (5243)

https://velesto.com/board-of-directors/

Posted by moneykj > 2019-03-12 04:04 | Report Abuse

Calvin, you so suka Bj group, why don't want to recommend Redtone? VT and Johor sultan, poised to announce very good results. Technically on the verge of break out with potential gain of 60% in 1 week.

Posted by calvintaneng > 2019-03-12 06:39 | Report Abuse

Yes good morning moneykj

There are so many good stocks fallen so cheap to buy now. Tsvt group of stocks as well as the famous jtiasa.

BUT remember you followed Calvin bought the chun chun Opcom last year around 35 sen?

After PH Govt won the May 9th Election Opcom went double limit up to over RM1. 10!!

That was our very chun chun 200% gain in Opcom after just few short months

So we will look at other stocks later.

Yes for now the Super Bull that can give 100% to 200% or even 500% gain are all in O&G stocks

AND I THINK THIS VELESTO IS ANOTHER SUPER STOCK NOW.

VELESTO?

I Can't FIND IT'S MEANING

I ONLY GOT AN IMPLIED MEANING

VELESTO

VE AS IN VERY

LE AS IN LET

S AS IN US

TO AS IN TO

SO TO SUM UP THE MEANING


VERY GOOD

LET US

TO

FINAL WORDING

"" VELESTO IS A VERY GOOD STOCK

LET US ALL GO TO VELESTO"""

WAHAHA!!!

THE SECRET CODE IS NOW BROKEN

VELESTO THE HIDDEN GEM IS FOUND!!!

NOW MUST BUY AS MUCH AS POSSIBLE FOR THAT 200% PROFIT

BETTER SELL OTHERS LESS PROMISING STOCKS AND ALL IN VELESTO!!!

Posted by calvintaneng > 2019-03-12 07:57 | Report Abuse

AND THESE ARE THE JOB AWARDS FOR VELESTO FROM 2018 TILL NOW

! CONTRACT EXTENSION FOR THE PROVISION OF JACK UP DRILLING RIG SERVICES FOR HESS EXPLORATION AND PRODUCTION MALAYSIA B.V.

USD38 MILLIONS or 38,000,000 x 4.09 = RM155.4 MILLIONS

http://www.bursamalaysia.com/market/listed-companies/company-announcem...


2. AWARD OF CONTRACTS FOR THE PROVISION OF JACK-UP DRILLING RIGS (NAGA 3 AND NAGA 5) FOR PETRONAS CARIGALI SDN BHD

USD10.8 Millions or 10,800,000 x 4.09 = RM44.17 MILLIONS


3.CONTRACT FOR THE PROVISION OF JACK UP DRILLING RIG SERVICES FOR SARAWAK SHELL BERHAD / SABAH SHELL PETROLEUM COMPANY LIMITED

USD25 Millions or 25,000,000 x 4.09 = RM102.250 MILLIONS


4. CONTRACT FOR THE PROVISION OF ONE (1) JACK-UP DRILLING RIG AND ASSOCIATED SERVICES FOR D35, FOR ROC OIL (SARAWAK) SDN BHD

USD31.038 Millions or 31,038,000 x 4.09 = RM126.94 MILLIONS

NOW LET'S SUM UP 4 JOB AWARDS

155.4 Millions
44.17 Mil
102.250 Mil
126.94 Mil

RM428.76 MILLIONS

SO KNOWN FIGURES IS ALREADY MORE THAN FOUR HUNDRED AND TWENTY MILLION RINGGIT!


AND MORE AWARDS WITH NO FIGURE DISCLOSED


5. UMBRELLA CONTRACT FOR THE PROVISION OF 460K DRILLING HYDRAULIC WORKOVER UNIT (HWU) FOR PETRONAS CARIGALI SDN BHD ("CONTRACT") OR ("AWARD OF CONTRACT") (CONTRACT NO: CHO/2017/WELLS/1022 (B))

This is a 3 Year Contract (Sum not disclosed)


6. UMBRELLA CONTRACT FOR THE PROVISION OF 340K AND 460K HYDRAULIC WORKOVER UNIT FOR PETRONAS CARIGALI SDN BHD ("CONTRACT") OR ("AWARD OF CONTRACT")

This is also a 3 Year Contract

But read again the details

The Contract is for the provision of HWU to undertake workover services for PETRONAS Carigali under an umbrella contract. It calls for the use of all or any of UWO’s five (5) HWU, namely UMW Gait 1, UMW Gait 2, UMW Gait 3, UMW Gait 5 and UMW Gait 6 to undertake workover services, which are services rendered in performing maintenance and/or remedial treatments on an oil or gas well.

There are 5 Workover Jobs instead of usual one.
SO THIS IS QUITE A BIG JOB

If the First 4 Job Awards Garnered Rm428 Millions worth of Revenue or RM107 MILLIONS PER JOB AWARD AVERAGING -- WE CAN SAFELY DEDUCT THAT THE LAST 2 JOB AWARDS EASILY GARNER ANOTHER RM200 MILLIONS OR MORE

SO VELESTO ALREADY GOT 6 JOB AWARDS WITH OVER RM600 MILLIONS IN REVENUE IN THE BAG

AND GOING INTO YEAR 2019 WITH EVEN MUCH BRIGHTER PROSPECT DUE TO PETRONAS INCREASING OIL RIG COUNT BY 40% TO 93%

Posted by smalltimer > 2019-03-12 08:10 | Report Abuse

Last week u call penergy now its finishef?

Posted by calvintaneng > 2019-03-12 08:30 | Report Abuse

Posted by smalltimer > Mar 12, 2019 08:10 AM | Report Abuse

Last week u call penergy now its finishef?


Whoa smalltimer from Pm Corp's time!!

Welcome!

Yes!

PENERGY the Pent Up Energy

I got 100,000 shares of Penergy bought at around 70 sen

So because I SEE BETTER PROSPECTS IN VELESTO I sold half of PENERGY around Rm1.17 & Bought into VELESTO!!!

Calvin is still keeping 50,000 Penergy shares for higher price.

Sifu John Neff taught me to sell into strength & plough back capital into under value stock with potential

And I think VELESTO is my next CHUN CHUN ONE

hmmm

Let's look at the word, VELESTO, again

VE = VERY GOOD

LE = LET

S = US

TO = TOGETHER

SO VELESTO MEANS "VERY GOOD LET US TOGETHER GO HANTAM VELESTO KAW KAW!!

Posted by Shinnzaii > 2019-03-12 08:36 | Report Abuse

Wah Calvin...the message of this post so deep...hehe

Posted by Heavenly PUNTER > 2019-03-12 08:39 | Report Abuse

HAHAHAHHA wah Calvin Sifu, another call, follow you make money so easily, today i tender my resignation letter d. Wakao so shuang

Posted by freddiehero > 2019-03-12 08:42 | Report Abuse

get much much money ka...

Posted by calvintaneng > 2019-03-12 10:09 | Report Abuse

WITH OVER RM600 MILLIONS JOB AWARDS ALREADY IN THE BAG OF VELESTO

AND WITH BRIGHTEST PROSPECT EVER ENTERING INTO YEAR 2019 WHERE PETRONAS ALREADY STATED THE INCREASE OF OIL RIG FROM 15 TO 25 OR 29 (UP 40% TO 93%)

VELESTO IS AT THE VERY OUTBREAK OF VERY VERY POWERFUL EARNINGS GROWTH

Posted by calvintaneng > 2019-03-12 10:45 | Report Abuse

Today the last of those who got bonus umw og shares from UMW might be selling plus all stale holders

ONCE CLEARED VELESTO WILL CROSS 30 SEN AND NO LOOKING BACK FOR A VERY LONG TIME

WHAT YOU ALL SHOULD DO

1) BUY AS MUCH AS YOU CAN WHILE YOU CAN GET BELOW 30 SEN.

2) SELL OTHER OVERVALUED STOCKS LIKE DAYANG AND SWITCH TO VELESTO
SELL MFLOUR AND SELL IFCA ALSO. SELL ALL OTHERS WHICH YOU THINK CANNOT GIVE YOU 100% PROFIT AND BUY VELESTO

3) SELL & CLEAR DEAD STOCKS (CUTLOSS NOW) BUY AND MAKE BACK FROM VELESTO

REMEMBER:

ONE POSITIVE POWERFUL BULL OF BULLS STOCK LIKE VELESTO WILL MAKE UP FOR YOUR OTHER LOSSES IN BAD STOCK!!!

DO IT AND DO IT NOW!!

Posted by teoct > 2019-03-12 10:51 | Report Abuse

With 8,125,218,000 (dilute 9,638,618,000) shares issued, a RM 80,000,000 million net profit (this will be very stretch) for 2019 only gives 0.98/0.83 sen. You choose what ever PE you like and decide.

OK ok, NTA is 30+ sen ......

Happy investing.

Posted by VenFx > 2019-03-12 12:29 | Report Abuse

拿督 凯纹，
咬紧紧 有牙力的油气公司
不错哦 !
继续加油

Posted by calvintaneng > 2019-03-12 13:29 | Report Abuse

From Dynaquest Year 2014 to 2015 report about UMW Og the Gross margin profit is the highest at over 90%

All the past records of umw og we're plaqued by dwindling jobs and even a rm900 millions impairment

All these are now over and velesto is starting on strong footing with a clean slate

Rm600 millions revenue might translate to more than Rm360 millions profit

Posted by calvintaneng > 2019-03-12 13:33 | Report Abuse

And although 9 billion shares float at 30 sen it is only Rm2.7 billions

So real profit could be as high as 25%

And even more if it's gets jobs of 10 to 14 oil rigs

Since Velesto is the sole owner of 4 work over rig it commands a monpoly which there is no rival

More so because Malaysian Govt mandates that all off shore business only go to Malaysian registered companies

Posted by calvintaneng > 2019-03-12 13:39 | Report Abuse

Most of Velesto oil rigs are fairly new just like Carimin

At listing in 2013/2014 oil crash already impacted it's business

A blessing in disguise as umw og did not take on too much debt like Armada or sapnrg (both with horrendous debt of over Rm10 billions)

And best news isThe less than rm2 billions debt of Velesto is backed by solid assets of about 10 oil rigs in very good working order

More than 90% are gainfully employed productively

And also got Very Good Paymasters like Petronas and Shell

Other oil entities playing overseas are facing problems with debt collection

So Velesto is now in a very superior position to profit from upturn and newfound oil boom

Posted by calvintaneng > 2019-03-12 13:42 | Report Abuse

Oil boom has attracted Li Ka Thing of Hong Kong to invest rm500 millions for ultra large tankers refueling off rapid

Also a Big Investment in Bintulu at Rm13 Billions in downstream chemical

All these and more show real genuine demand and growth

Velesto is in the Center of Oil Boom

Posted by calvintaneng > 2019-03-12 13:43 | Report Abuse

Investment of Rm13 Billions for Chemical in Lahat Datu very good for oil and gas stocks

Posted by calvintaneng > 2019-03-12 16:06 |

Post removed.Why?

Posted by calvintaneng > 2019-03-12 21:17 |

Post removed.Why?

Posted by 3iii > 2019-03-13 08:14 | Report Abuse

Don't worry about missing the Next New Thing. Avoiding mistakes and danger zones is more important for long term investment performance.

Posted by calvintaneng > 2019-03-13 09:30 | Report Abuse

There is no other oil and gas stock so safe like Velesto right now

Velesto has

1. Superior Assets
Most oil rigs and HWUs are only 4 to 5 years old
And they are chun chun at the right time in the right place... Just when Petronas is recommissioning moth-balled oil rigs and clod up oil wells

2. Superior Paymasters
Jobs contracted from Petronas and Shell ensure prompt payments

3. Superior Balance sheet
Of the 3 heavyweights Velesto gearing only 0.3 to 0.4. All backed by valuable real assets in oil rigs and HWUs

4. Superior Price

Velesto was once over rm4. 50
Now only 30.5 sen
The opportunity for upside is immense while losses almost negligible

This is it

Go for Velesto today!!!

Posted by calvintaneng > 2019-03-13 09:52 |

Post removed.Why?