VELESTO ENERGY BERHAD

KLSE (MYR): VELESTO (5243)

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Last Price

0.215

Today's Change

0.00 (0.00%)

Day's Change

0.205 - 0.22

Trading Volume

68,980,100


28 people like this.

24,133 comment(s). Last comment by hafizduhari 2 days ago

Proact286

80 posts

Posted by Proact286 > 2018-01-10 06:13 | Report Abuse

$69 per barrel is a good sign it will jump new high today. wang besar coming!

Friendship

1,615 posts

Posted by Friendship > 2018-01-10 06:49 | Report Abuse

Haha oil price surging
I expect today panic buying on all O&G counters!
UMWOG break 0.50 and marching towards RM1.00!

SHC70

482 posts

Posted by SHC70 > 2018-01-10 07:16 | Report Abuse

Brent oil at 69.20. Sure break above 70usd this week

Posted by Jonathan Keung > 2018-01-10 07:18 | Report Abuse

with higher oil prices.petronas will utilised more oil rigs for the downstream. umwog is the only 2 locsl player's. oil price us at usd 68 per batrel far higher than the usd 40 per barell previously forecast

MCBAOMC

1,343 posts

Posted by MCBAOMC > 2018-01-10 07:44 | Report Abuse

Limit up

Bennychua

284 posts

Posted by Bennychua > 2018-01-10 08:07 | Report Abuse

Up up up.

whizzkid

1,336 posts

Posted by whizzkid > 2018-01-10 08:25 | Report Abuse

Good advice.

Posted by InvestorPrime > 2018-01-10 08:48 | Report Abuse

https://oilprice.com/Energy/Oil-Prices/The-Worlds-Most-Expensive-Oil.html

"Taking into consideration the above-mentioned facts, you might be amazed to discover that the world’s most expensive oil is Malaysian.

Tapis, the Malaysian crude benchmark traded in Singapore, has for a long time held the title of the world’s most expensive grade. Its lightness (43-45° API) and extremely low Sulphur content (0.04 percent) make for a highly valuable refining asset. At the time of writing it had broken the much-hyped $70 market.

However, having started production in 1979, Tapis has been falling since 1998 and its current production of 200,000 bpd is half of what it was 20 years ago. Hence, the most expensive oil grades now are Kikeh (35° API, 0.1 percent Sulphur), Miri Light (36.3° API, 0.08 percent Sulphur) and Kimanis (38.6° API, 0.06 percent Sulphur), currently trading at $4 per barrel premium to Dated Brent (in December 2017, they’ve oscillated in the +$4-4.50 per barrel premium interval).

In many ways, the Malaysian grades’ remoteness created this demand for them – Australian and Southeast Asian refiners are willing to pay the extra premium to have the crudes sooner than to wait for Brent (similar quality characteristics) or other grades to arrive there."

Higher demand for provision of upstream services due to higher demand for Malaysian oil grades (highest oil price grades in the world)

Robust O&G service provider locally and internationally!

More to come!

Fpng

102 posts

Posted by Fpng > 2018-01-10 08:58 | Report Abuse

why just pre open already start buy at 0.47,48

pjflower

316 posts

Posted by pjflower > 2018-01-10 09:00 | Report Abuse

expecting another wave up.

wafiy0123

33 posts

Posted by wafiy0123 > 2018-01-10 09:04 | Report Abuse

Take opportunity to sell niw

tw01

813 posts

Posted by tw01 > 2018-01-10 09:07 | Report Abuse

Up up up today sure fly up !!!

Posted by leslieroycarter > 2018-01-10 09:13 | Report Abuse

Crude oil up to USD 63.44... good news for Umwog...

wafiy0123

33 posts

Posted by wafiy0123 > 2018-01-10 09:16 | Report Abuse

Will sell on 0.46

Posted by leslieroycarter > 2018-01-10 09:21 | Report Abuse

This round will breach 50 c n proceed to 60 c

tw01

813 posts

Posted by tw01 > 2018-01-10 09:24 | Report Abuse

Rebound...

wafiy0123

33 posts

Posted by wafiy0123 > 2018-01-10 09:27 | Report Abuse

Hahahaha..no more rebound,sell la

LilyLL

661 posts

Posted by LilyLL > 2018-01-10 09:27 | Report Abuse

Standby start drop back 425 lah

greenback

59 posts

Posted by greenback > 2018-01-10 09:27 | Report Abuse

more bid then ask.. how can the price remain low..

Posted by leslieroycarter > 2018-01-10 09:28 | Report Abuse

The contra players had sold yesterday when its volume peaked from 279 mi,311 mi and 425mi...
425 mi were those either profit taking or shortings or contra players overly exposed which forced them to unload in the falling knife situation.
Crude oil up n up again...and so fundamentally will benefit umwog greatly...
Definitely , price will return normalcy in a more orderly way now...

papaya

3,086 posts

Posted by papaya > 2018-01-10 09:32 | Report Abuse

ini wafiy0123 suruh olang sell....dia sendiri cakap mau jual 46sen.....apa punya olang...

tw01

813 posts

Posted by tw01 > 2018-01-10 09:38 | Report Abuse

Okay...time to go up now ...

tw01

813 posts

Posted by tw01 > 2018-01-10 09:48 | Report Abuse

rocket shoot up !!!

HazByn

842 posts

Posted by HazByn > 2018-01-10 09:52 | Report Abuse

push push

wafiy0123

33 posts

Posted by wafiy0123 > 2018-01-10 09:52 | Report Abuse

Hahaha 0.46 already..time to sell

Posted by Mohd Yazid Mohd Ali > 2018-01-10 10:01 | Report Abuse

Tak tau main share naik sikt mau jual ,collectlah simpan ,gua beli HIBISCS .45 simpan dalam 1 tahun sudah RM 1.08 lagi mau naik RM 1.50 ,lu beli 100 lot ,sekarang berapa wang ?,WANG BESAR OIIIII ?,lu main share keluar beli keluar beli siapa untung ?,Remiser untung ?,beli kasi simpanlah ?sudah naik cow cow baru jualah ?

Posted by invest turtle > 2018-01-10 10:02 | Report Abuse

Buy TA 4898. Low PE with high dividend yield. 50% gain in 1 month.

Posted by Mohd Yazid Mohd Ali > 2018-01-10 10:07 | Report Abuse

Ini counter sure naik RM 2.00 dalam masa 1 tahun ,semua GLC sudah beli PNB ,KWSP ,TH ,KWAP ,lu ingat dia mau rugi ke?,dia orang beli by block ,dia fund manager sudah study betul betul ,my advise BELI SIMPAN ,tq.

wafiy0123

33 posts

Posted by wafiy0123 > 2018-01-10 10:12 | Report Abuse

Yazid tunggu semue glc yg ko ckp tu keluar baru ko tau

DanP

13 posts

Posted by DanP > 2018-01-10 10:13 | Report Abuse

Up again. Nice. TP is what ya? (Top Price)?
What price do you guys think it can go?

wafiy0123

33 posts

Posted by wafiy0123 > 2018-01-10 10:17 | Report Abuse

Sell at 46 sen

Fpng

102 posts

Posted by Fpng > 2018-01-10 10:19 | Report Abuse

some people still sell at 0.45 make it can't cross 0.455!:(

tw01

813 posts

Posted by tw01 > 2018-01-10 10:24 | Report Abuse

sellers more than buyers..

ampabella

1,375 posts

Posted by ampabella > 2018-01-10 10:25 | Report Abuse

sikit sikit Naik lama lama jadi Bukit

687423

627 posts

Posted by 687423 > 2018-01-10 10:28 | Report Abuse

Chinese qi Kung....... exhale, tnhale then hold..... Exhale...... S. sell ............buy...........hold.....throw

Superb99

6,598 posts

Posted by Superb99 > 2018-01-10 10:32 | Report Abuse

sold all as well, if unable to have new breakout then let it rest first

Posted by sleepinANGEL > 2018-01-10 10:41 | Report Abuse

whats are every sifu expectation? 0.60?

joswalker

33 posts

Posted by joswalker > 2018-01-10 10:45 | Report Abuse

hold for mid term, TP:0.6 and up.

ampabella

1,375 posts

Posted by ampabella > 2018-01-10 10:52 | Report Abuse

wah 60cts very good lor

jeccy

235 posts

Posted by jeccy > 2018-01-10 10:58 | Report Abuse

a lot of sell q?

wafiy0123

33 posts

Posted by wafiy0123 > 2018-01-10 11:03 | Report Abuse

Unwog cannot break 0.45

dusti

2,404 posts

Posted by dusti > 2018-01-10 11:04 | Report Abuse

UMWOG WILL ROCK TODAY!

Bill Lim

176 posts

Posted by Bill Lim > 2018-01-10 11:07 | Report Abuse

Anyone has any idea normally umwog rally in the morning or afternoon?

wafiy0123

33 posts

Posted by wafiy0123 > 2018-01-10 11:17 | Report Abuse

Dusti dont put lot of hope..

jeccy

235 posts

Posted by jeccy > 2018-01-10 11:33 | Report Abuse

hovering around .44 and .445

wafiy0123

33 posts

Posted by wafiy0123 > 2018-01-10 11:50 | Report Abuse

Will go below 0.42

Posted by InvestorPrime > 2018-01-10 11:50 | Report Abuse

Target 0.55-0.75. Year high was 0.92. After quarterly results (expect positive) are out should be close to 0.75. Now jerungs collecting. Consolidation, then flag formation breakout soon.

LilyLL

661 posts

Posted by LilyLL > 2018-01-10 12:21 | Report Abuse

Drop back 425

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