VELESTO ENERGY BERHAD

KLSE (MYR): VELESTO (5243)

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Last Price

0.22

Today's Change

0.00 (0.00%)

Day's Change

0.205 - 0.22

Trading Volume

122,211,500


26 people like this.

23,369 comment(s). Last comment by EAGLE 1 hour ago

Macgyver11

2,386 posts

Posted by Macgyver11 > 3 days ago | Report Abuse

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

BobAxelrod33

2,199 posts

Posted by BobAxelrod33 > 3 days ago | Report Abuse

Latest QR released on 29th is saying things so loudly........PNB wants to run road and you want to dive in?????

Macgyver11

2,386 posts

Posted by Macgyver11 > 3 days ago | Report Abuse

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).

BobAxelrod33

2,199 posts

Posted by BobAxelrod33 > 3 days ago | Report Abuse

Wow! that deep, that's really, really deep........we didn't know PNB owns and runs the GLC.........whoever thought they were also the Grab drivers besides owning those vehicles.......hahahaha

Macgyver11

2,386 posts

Posted by Macgyver11 > 3 days ago | Report Abuse

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.

BobAxelrod33

2,199 posts

Posted by BobAxelrod33 > 3 days ago | Report Abuse

If PNB wanted Petronas to have Velesto, they would not have put it in the open market. Secondly, they can just do a share swap........how silly to even not know this!!!

Macgyver11

2,386 posts

Posted by Macgyver11 > 3 days ago | Report Abuse

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..

BobAxelrod33

2,199 posts

Posted by BobAxelrod33 > 3 days ago | Report Abuse

Say what you mean and mean what you say ---------- Bobby Axelrod

Macgyver11

2,386 posts

Posted by Macgyver11 > 3 days ago | Report Abuse

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

2,199 posts

Posted by BobAxelrod33 > 3 days ago | Report Abuse

Perhaps, that's the reason Buyers are shying away from rusting irons and obsolete machines...PNB cannot get any buyers!!!!!!!

Macgyver11

2,386 posts

Posted by Macgyver11 > 3 days ago | Report Abuse

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.

BobAxelrod33

2,199 posts

Posted by BobAxelrod33 > 3 days ago | Report Abuse

Velesto can sue TheEdge if just Rumors.........No need to doubt.....IT'S A FACT, PNB WANTS OUT!!!!!

Macgyver11

2,386 posts

Posted by Macgyver11 > 3 days ago | Report Abuse

For sure 30cts Cumingggg...🤣😂

BobAxelrod33

2,199 posts

Posted by BobAxelrod33 > 3 days ago | Report Abuse

Do I give a flying F if you just have 1 lot or millions of shares????? Stating a fact and you jumped on me and trying to pull wool over other investors.

Macgyver11

2,386 posts

Posted by Macgyver11 > 3 days ago | Report Abuse

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.

DickyMe

13,806 posts

Posted by DickyMe > 3 days ago | Report Abuse

Reject using technologies. It is all mostly Western, US or Israel patented products.
Amacam? Boleh? Or pick and choose to satisfy greed need?

Macgyver11

2,386 posts

Posted by Macgyver11 > 3 days ago | Report Abuse

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..

BobAxelrod33

2,199 posts

Posted by BobAxelrod33 > 3 days ago | Report Abuse

Did he just say that he not only own Velesto shares but also my mouth, control what i say???



Posted by Macgyver11 > 1 hour ago | Report Abuse

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.

BobAxelrod33

2,199 posts

Posted by BobAxelrod33 > 3 days ago | Report Abuse

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!!

BobAxelrod33

2,199 posts

Posted by BobAxelrod33 > 3 days 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.

Posted by Felix666888 > 2 days ago | Report Abuse

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

BobAxelrod33

2,199 posts

Posted by BobAxelrod33 > 2 days ago | Report Abuse

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!!!!

BobAxelrod33

2,199 posts

Posted by BobAxelrod33 > 2 days ago | Report Abuse

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 figure!

BobAxelrod33

2,199 posts

Posted by BobAxelrod33 > 2 days ago | Report Abuse

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???

MrHuangBK

235 posts

Posted by MrHuangBK > 2 days ago | Report Abuse

I’m sorry Bob

You expect too much from Auntie Felicia.

He can even hold SAP for 1 year. Mere 1c paper profit and yet brag about it. 1 year ago, we already knew this. He doesn’t

Then promoted and lure until 6c. Anyone listened to him, holding paper losses.

Only 1 thing he consider, nothing else. Because PNB is still a shareholder 🤣

BobAxelrod33

2,199 posts

Posted by BobAxelrod33 > 2 days ago | Report Abuse

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.......

BobAxelrod33

2,199 posts

Posted by BobAxelrod33 > 2 days ago | Report Abuse

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!!!

MrHuangBK

235 posts

Posted by MrHuangBK > 2 days ago | Report Abuse

Auntie Felicia

U mean insurance company will pay full claim on insurance without adjusting to market price?

U mean if you total loss on your old car claim, u get it full? 😂😂

BobAxelrod33

2,199 posts

Posted by BobAxelrod33 > 2 days ago | Report Abuse

Need "accident" claims against Insurance to pay Debts?.......hmmmmm......maybe Adjudicator needs to investigate deeper.

Previous QR Revenue 289 millions, NP only 1.2 million???.........maybe big choon toi...not big ang pau!!

BobAxelrod33

2,199 posts

Posted by BobAxelrod33 > 2 days ago | Report Abuse

Another reason PNB wants OUT.......don't dirty our reputation and hands washed clean.

BobAxelrod33

2,199 posts

Posted by BobAxelrod33 > 2 days ago | Report Abuse

Revenue 289 million, NP 1.2 Millions......go check the outflow and assets written off........!!

BobAxelrod33

2,199 posts

Posted by BobAxelrod33 > 2 days ago | Report Abuse

Just wait for Legal suits from Ikea.....and many more......


Posted by Felix888999 > 11 minutes ago | Report Abuse

Hello Auntie Huang, that insurance claim already paid, already use it to settle the debts. Cash flow problem resolved.

You know why Insurance company hate furniture shops? You think about it yourself. I didn`t say anything here. 🤣

BobAxelrod33

2,199 posts

Posted by BobAxelrod33 > 2 days ago | Report Abuse

Not in my records and i3 servers.......you cannot delete........

BobAxelrod33

2,199 posts

Posted by BobAxelrod33 > 2 days ago | Report Abuse

Ikea shoppers feared for their lives and staying away. Shoppers count dropped drastically.......it's all HeLicks-shit's fault.......can take Legal actions for spreading rumors......

BobAxelrod33

2,199 posts

Posted by BobAxelrod33 > 2 days ago | Report Abuse

Ikea the biggest furniture store in Malaysia and maybe the world.........



Posted by Felix888999 > 11 minutes ago | Report Abuse

Hello Auntie Huang, that insurance claim already paid, already use it to settle the debts. Cash flow problem resolved.

You know why Insurance company hate furniture shops? You think about it yourself. I didn`t say anything here. 🤣

BobAxelrod33

2,199 posts

Posted by BobAxelrod33 > 2 days ago | Report Abuse

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

BobAxelrod33

2,199 posts

Posted by BobAxelrod33 > 2 days ago | Report Abuse

.....and shopper already fearful to sit in their cafeteria for the famous Meatballs spaghetti and coffee......

Posted by i3lurker > 2 minutes ago | Report Abuse

all that not important...

I now fear going to Ikea for daily breakfast 😢

BobAxelrod33

2,199 posts

Posted by BobAxelrod33 > 2 days ago | Report Abuse

It would be prudent to check when is next Debt repayment due and a Court RO on HeLicks-shit to be at least 5km away from all Insurable Assets..........

BobAxelrod33

2,199 posts

Posted by BobAxelrod33 > 2 days ago | Report Abuse

Thank you for the address........a new email ID,... VPN to cover IP address and the letter would be at their mailbox in the morning.

HeLicks-shit can wait for Summons to Court charges......

MrHuangBK

235 posts

Posted by MrHuangBK > 1 day ago | Report Abuse

Hahaha.. auntie Felicia. Now drag me into Velesto 🤣

Won’t waste time study Velesto financials.. PE too high. I hate BO, so skip. 😁

No point buying.

BobAxelrod33

2,199 posts

Posted by BobAxelrod33 > 1 day ago | Report Abuse

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.

BobAxelrod33

2,199 posts

Posted by BobAxelrod33 > 1 day ago | Report Abuse

.....18c coming..........

BobAxelrod33

2,199 posts

Posted by BobAxelrod33 > 1 day ago | Report Abuse

i3lurker,
You are now entitled to make medical Claims for life from HeLicks-Shit for his rumor mongering and incitement of violence which has left you scarred for life!!!

You are also entitled to claim for Loss of patronage at Ikea Cafeteria for breakfast.


Posted by i3lurker > 1 hour ago | Report Abuse

Yeah
I was so scared to go Ikea for breakfast today ...

Posted by Jonathan Keung > 1 day ago | Report Abuse

In a tight trading price range 22- 22.5. big trading volume for the last few days

Macgyver11

2,386 posts

Posted by Macgyver11 > 20 hours ago | Report Abuse

BOD buying.

01/12/2023
2,370,000
Acquired
Direct Interest
Name of registered holder LING KIEN SING

Macgyver11

2,386 posts

Posted by Macgyver11 > 8 hours ago | Report Abuse

Velesto will compensate their royal staff next year (2024) through ESOS which was established in 2019. Stay tuned.

SinGor

4,424 posts

Posted by SinGor > 6 hours ago | Report Abuse

datuk Ling( operation drilling Director ) buys....he knows operation Revenue will exceed Cost.....as simple as it.
As i said, 4Q revenue will be 70mil+++ and Datuk Ling agreed

MrHuangBK

235 posts

Posted by MrHuangBK > 5 hours ago |

Post removed.Why?

Macgyver11

2,386 posts

Posted by Macgyver11 > 1 hour ago | Report Abuse

High selling due to pessimistic...worried for another covid lockdown and that likely not going to happen. Let see how low it can go and then grab few more. Covid no more pandemic its endemic

EAGLE

354 posts

Posted by EAGLE > 1 hour ago | Report Abuse

Very good volume. Buy and sell among syndicate members ka? Anyway, short term players with no holding power main jauh2, else be ready to get burned.

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