PNB will push the price above 0.30ctn before the transaction exercise take over (if there's any) and this will materialise next year onward. Now price damn cheap, you won't get this price anymore once it break 0.30ctn.. just 2c
Why so worried about PNB running...better mah!. PNB is financial institutional, they doesn't know how to handle O&G companies and same goes to UMW recently (you can see both company performance past 5 years...no improvement). Better pravitise to good company that hv knowledge in O&G and can bring in more contracts with international DC rate (135k to 150k daily rate).
Let Petronas take over lah...more better mah. If Velesto jadi Petronas punya own subsidiary company, sure Petronas give higher DC rate. Keep on telling PNB running to road running to road for what... talking like novice lah you.
I said Petronas but not necessary Petronas. You think in Malaysia only Petronas available mah. There's lot more..go do your research and don't talk like you know everything and embrace yourself here...still wondering if you know everything then why you are still here giving non value add comments. Waiting for correct time to enter ha...hahaha! Mangku...k ayun..
PNB selling...we already heard the story past few month ready no need repeat many times. PNB never give any statement so far only rumour from edge market. Nobody know what stored in future..don't assumed something that you didn't 100% sure. Read from qtr report PNB running to road hahaha...show me where? Pelaaaah!
BobAxelrod33 Say what you mean and mean what you say ---------- Bobby Axelrod
This paragraph suit for you. You see I'm in velesto, holding huge portion. I don't want give something negative comments that I didn't know for sure. Don't want confuis the others investors. At for know I assumed it just rumour.
Now they do campaign mah! Reject Israel product. Maybe they also don't want USA investor holding bumis company like velesto...I don't know maybe it could be one of the reasons and behind the PNB plot...all rumour and so on, who know? You see lot of possibility...so don't give comment that you not sure.
What F jump on you. Your money your which. My money my wish..who the F your to advise. I want to stick in this company is solely my wish and I'm not encourage others. Each one of deserve to do own analyst...better watch out your words..
The very Fact that PNB wants out and there are no Buyers for a long time already painted a gloomy picture. Future earnings may go South and trip the Company over. Hugh Debts with surmounting Interest couldn't care if you are making Billions or losing Billlions, still needs to be paid.....IN FULL!!
What garbages you are talking about BobAssshole? Beside NoSH NoSH and Debts Debts you keep posting everywhere, you really know nothing about investment and Business. Totally ZERO!!
Velesto total debts both short term and long term only RM 440 million.
Net cash flow generated from business operation ( 9 months ) already RM 280 million CASH!
Total debts paid also over RM 150 million over 9 months.
All Velesto rigs are 100% on job now until next year. Total 6 rigs. Over USD 100k per rig per day and Maximum already hit USD 135k per day based on latest contract awarded. Use your kindergarten mathematics to calculate what will be the Velesto revenue next year.
Do you know how to read financial statement? If you don't know, please ask Auntie Huang teach you. Don't sia sui here. OK?
Posted by BobAxelrod33 > 4 hours ago | Report Abuse
This humongous backside elephant NOSH, coupled with dropping earnings against heavy on-going Debts........you draw your own conclusion. Money is yours......spend it any which way you want.
Matter of time when Profits unable to cover Debts.......ah long comes knocking again
Pathological Liar, dishonest mongrel, Racist and fact twister finally followed me here. I was wondering when the Satanic Accuser would arrive. SRJK Jalan Liao Sai dropout wants to show his mettle in Stocks FA?? Made same mistake not once but 4x at TG??? Challenged Huang to a Contest and ran off with tail between legs??? Lost challenge at JAKS and did not kept promises and terms? Blamed the Referee?????
Great, now we see how much you say you are holding Velesto shares.........I'd love to see you lose your pants too!!.......laugh die you!!!!
If Velesto is doing fine (do your own homework on the figures) and Debts could be wiped in 1 year, how many years had PNB held their shares??? Why would PNB with all their Facts and figures and professionals cracking their heads WANTS OUT???....with no buyers coming in after long time????
Go check their highest price for the PAST 3 YEARS and tell me they have made improvement to their Earnings and bottom line on top of NTA and EPS....... The previous QR is hanging precariously even with "high rigs rentals" ????? Please get your heads examined. Their PBT and Net Profits, if any, did not go beyond 20 mill for a PLC with NOSH at above 8 Billions!!!! Shareholders would not be rewarded..........how and who would want to carry the baby???
Yes, you're right Huang. Should not give too much credits what this serial Liar says. He threw a challenge at you for days with cut off time at 5pm and kept changing the rules and dared not commit. Who would trust nor believe he had good intentions?? Until now, he still change the Terms but never commit....big talker, no balls.......
Velesto may show high Revenue but that does not translate into Profits.....in fact EPS has slipped and soon be NEGATIVE AGAIN????
There is no need for me to divulge into exact figures and variable, you can compare their past Records and prices......and the FACT that PNB wants OUT!!! ......perhaps, maybe to avoid another SAP??? Who knows what's boiling inside........before it shows outside like Pharmaniaga.........hahahahaha......laugh die you!!!
HeLicks-shit now pissing his pants.......let's start by an email to Ikea Public Relations regarding :------->>>
improper use of communications spreading rumors without basis slander libel public nuisance creating mass public fear incitement to arson incitement to property destruction incitement to attempted murder incitement to economic sabotage criminal obstruction of company operations causing loss of business profits economic treason by preventing FDI treason to Agung by waging war on Ikea
Mr Huang, no point spending time to do homework on Velesto, it's sinking ship. Just drop by now and then to agitate HeLicks-shit for his stupendous posts. He is fishing for information which he is not taught to do.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....