VELESTO ENERGY BERHAD

KLSE (MYR): VELESTO (5243)

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Last Price

0.16

Today's Change

0.00 (0.00%)

Day's Change

0.16 - 0.165

Trading Volume

4,309,700


29 people like this.

24,462 comment(s). Last comment by serbatipu 14 hours ago

Genovese

201 posts

Posted by Genovese > 1 month ago | Report Abuse

Velesto please go out of Malaysia water. See that dayrate your air liur keluar tak??

Shallow-water driller Borr Drilling has secured a handsome dayrate with a new contract in West Africa for one of its jack-up drilling units.

The 2011-built jack-up Norve will go on contract at about $181,250 for a 320-day

Posted by Balian de Ibelin > 1 month ago | Report Abuse

All this over valuation sounds good on paper. If you extend the graph it gives either 0.05 per share and some say even 0.005 per share

Posted by hafizfizor90 > 1 month ago | Report Abuse

what i can say this stock nothing special everyday untung setiap tahun untung. tapi saham sentiasa jatuh

Posted by hafizfizor90 > 1 month ago | Report Abuse

better change the management lah.

Posted by Balian de Ibelin > 1 month ago | Report Abuse

Sarawak and Petronas dispute resolved with immediate effect.

Posted by Balian de Ibelin > 1 month ago | Report Abuse

Tomorrow might have a tick up

Posted by Macgyver111 > 1 month ago | Report Abuse

Sarawak premier Abang Johari Openg has revealed that a solution has been reached over the dispute between Sarawak and Petronas over the rights to oil and gas (O&G) resources in and around the state, with Prime Minister Anwar Ibrahim set to announce it soon.

Posted by Macgyver111 > 1 month ago | Report Abuse

PM will announce it soon, sources said...maybe during the 2025 budget presentation. Hopefully win-win situation for both parties. 

gkungpat

158 posts

Posted by gkungpat > 4 weeks ago | Report Abuse

PMX 🤔🤔🤔

gkungpat

158 posts

Posted by gkungpat > 4 weeks ago | Report Abuse

Ada jerung tengah tunggu nak makan besar..
Bagi jatuh dulu...
lepas tuuuuuuuuuuuuuuuuuuu ngappppppppppp

Baby Shark

5,955 posts

Posted by Baby Shark > 4 weeks ago | Report Abuse

I tunggu 0.24 & buy new car MYVI..

mikeann

836 posts

Posted by mikeann > 3 weeks ago | Report Abuse


BIMB Securities Research
Velesto Target price : 0.34

https://klse.i3investor.com/web/pricetarget/research/73934

Posted by Balian de Ibelin > 3 weeks ago | Report Abuse

Will be 15.5 sen for a long long time.
When Velesto profits increases, share price of Velesto decreases.😁

Posted by hafizfizor90 > 3 weeks ago | Report Abuse

hoping velesto will loss much so share price will be increase😂

Posted by Balian de Ibelin > 3 weeks ago | Report Abuse

This pressing down of share price to buy 1 million shares a day seems to continue forever and ever.....

EAGLE

394 posts

Posted by EAGLE > 3 weeks ago | Report Abuse

Hahahaha....looks like cartel behavior

Posted by marlboroman2 > 3 weeks ago | Report Abuse

15.5 sens gone hahaha, next level 15 sens

Posted by Macgyver111 > 3 weeks ago | Report Abuse

Velesto deserved 0.30 and above. Many institutions sell ready. Need PNB or other big guys to step in. 

Posted by Macgyver111 > 3 weeks ago | Report Abuse

Still unclear what PNB's next move is. 

Atlas0103

10 posts

Posted by Atlas0103 > 2 weeks ago | Report Abuse

this is totally trash

gkungpat

158 posts

Posted by gkungpat > 2 weeks ago | Report Abuse

Wowwww pagi2 lagi dh merah..
Wat happen?

Tigerchan

370 posts

Posted by Tigerchan > 2 weeks ago | Report Abuse

Going to bangkrup

cheahgood

433 posts

Posted by cheahgood > 2 weeks ago | Report Abuse

Don't be greedy for few thousands, later you will lose double of it.
Velesto will ends up like Serbadk.
From 4.00 down to 0.15 (drop more than 1,000%), if the company don't have MAJOR crisis, it wouldn't drop more than 1,000%

cheahgood

433 posts

Posted by cheahgood > 2 weeks ago | Report Abuse

How many of you will still hope Velesto wil up to 4.00 again... hahaha

Posted by Macgyver111 > 2 weeks ago | Report Abuse

They flushing out all the foreign investors before local institutions join in... I guess. Nothing wrong with the company. Don't compare Serba with Velesto. Serba is facing accounts fraud charges, and PNB is not an owner of Serba. 

Posted by Macgyver111 > 2 weeks ago | Report Abuse

Company cash flow is healthy, and a favourable order book is in hand... How can it go bankrupt? Unless you have evidence to support your theory, I would like to hear that too. 

Posted by Macgyver111 > 2 weeks ago | Report Abuse

I know you guys are frustrated, but just think practically: PNB, as a major owner or shareholder, do you think they want this company to go bankrupt? They will lose everything. If PNB really wants to exit, the only choice is either to hand over to a new owner like what they did to UMW Toyota (sell to Sime Darby) or they privatise it (like Bplant). 

Posted by Macgyver111 > 2 weeks ago | Report Abuse

BOD just bought 1 million shares recently at 0.195. Insiders know better than us. 

RJ87

5,156 posts

Posted by RJ87 > 2 weeks ago | Report Abuse

nampak sangat velesto syndicate operated. Holiday, only left retailer.

syndicate the one pressing the price down.

Posted by Balian de Ibelin > 2 weeks ago | Report Abuse

IB says very bright outlook for Oil and Gas

Translation => Velesto drop another 5 sen 🤣

Posted by Balian de Ibelin > 2 weeks ago | Report Abuse

IB just only sms me bright outlook for OnG seconds ago
So be very careful Velesto may drop again.....

RJ87

5,156 posts

Posted by RJ87 > 2 weeks ago | Report Abuse

Yeah everyone dont buy ya. Wait Balian de Ibelin buy at the price he wants first then only u can buy.
Sot sot one.

RJ87

5,156 posts

Posted by RJ87 > 2 weeks ago | Report Abuse

go sapura. You can get 3sen there. Why waste your time there?

Posted by Macgyver111 > 2 weeks ago | Report Abuse

No worries. Baba Vanga predicted a rebound this time... all the way to 0.35 😅😄. 

Posted by Macgyver111 > 2 weeks ago | Report Abuse

EPF coming. EPF ceased to be substantial shareholder of YTL.

gkungpat

158 posts

Posted by gkungpat > 1 week ago | Report Abuse

it’s time to rise up velesto.. let go

Atlas0103

10 posts

Posted by Atlas0103 > 1 week ago | Report Abuse

just curious if PNB really find someone to acquire their 54% shares,what will happen to velesto?

RJ87

5,156 posts

Posted by RJ87 > 1 week ago | Report Abuse

54% stake at current price is a steal for a counter that’s going to be net cash soon.
Considering there is actually a strong team of COO and CFO doing their job both operationally and financially.
Will be exciting Q3,25 onwards.

Posted by DukeTensia > 1 week ago | Report Abuse

Up up in the way!!!

Posted by mavisdrac > 1 week ago | Report Abuse


Macgyver111 what you really think? You think velesto can rebound to 0.30 or should i sell at 0.19 lol

RJ87

5,156 posts

Posted by RJ87 > 1 week ago | Report Abuse

Why bother asking?

those sold will say better run while u can…

Those just bought will say to the moon!

Posted by Macgyver111 > 1 week ago | Report Abuse

mavisdrac

Macgyver111 what you really think? You think velesto can rebound to 0.30 or should i sell at 0.19 lol

Haha! You asked a very sensitive question that no one dares to tell you exactly what is going to happen in the future 😂😀😃. Follow your own instinct; trade wisely. 

Posted by Balian de Ibelin > 1 week ago | Report Abuse

Looks uptrend.

When Whales see people say uptrend, they will push down price by 5 sen.😁👍🤜

RJ87

5,156 posts

Posted by RJ87 > 1 week ago | Report Abuse

Balian still haven’t collect enough

Posted by Macgyver111 > 6 days ago | Report Abuse

A look ahead to 2025 fossil fuel market price..
https://oilprice.com/Energy/Crude-Oil/A-look-Ahead-to-2025-in-Oil.html

RJ87

5,156 posts

Posted by RJ87 > 5 days ago | Report Abuse

Price depends on Naga’s Utilization.
If all naga’s contracted, earning potential 60-80M profit a quarter.
Now only 3 Nagas contracted, that’s why price tanked.

Tenderbook increased from 3B to 5B, so if COO is really good; then have chance to get all naga’s contracted.
0 Naga contracted, PN17. 3 Naga contracted, this price. If all 6 naga’s contracted, easily above 30sen.

All depends on Nagas getting job.

Posted by Macgyver111 > 5 days ago | Report Abuse

No worries, all is well. 2025 is Velesto's year to come back and shine. 

Posted by Balian de Ibelin > 3 days ago | Report Abuse

It's uptrend🤣
Wait till Whales see this message. 😁

Posted by Macgyver111 > 2 days ago | Report Abuse

Donald Trump wants shale producers to activate their drilling work, but it seems not many shale producers are aligned with Trump's idea. They've been slashed badly previously during the Biden administration by so-called green policy. Now, they are not keen to come back and do the drilling job unless Trump can pursue them with some special privilege, or else "drill, baby, drill" is not going to work out. 

serbatipu

345 posts

Posted by serbatipu > 14 hours ago | Report Abuse

Ini Kali la

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