VELESTO ENERGY BERHAD

KLSE (MYR): VELESTO (5243)

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Last Price

0.22

Today's Change

+0.005 (2.33%)

Day's Change

0.21 - 0.22

Trading Volume

31,244,700


28 people like this.

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

Posted by leslieroycarter > 2018-01-11 10:34 | Report Abuse

The last 2 days had seen vol shot up from 300+ to 400+ millions shares in record selling n buying all the way from 48c .practically all the contra n day traders had been cleared n may be left a few left. Vol becomes smaller meaning to say that stabilization is around thd corner. Sharks had accumulated enough bullets to pump again. This time will see 55-60c in the near term given that all its apparatus for o&g has been in max utilisation in contract service . Coming qtr expects to be better than usual.

whizzkid

1,336 posts

Posted by whizzkid > 2018-01-11 10:40 | Report Abuse

need a breather....

iswara

896 posts

Posted by iswara > 2018-01-11 10:42 | Report Abuse

50sen need to wait 3 to 4 weeks, i think.

iswara

896 posts

Posted by iswara > 2018-01-11 10:43 | Report Abuse

coming 0.405

Fpng

102 posts

Posted by Fpng > 2018-01-11 10:55 | Report Abuse

why sap drop then UMWOG also drop and same another way. what is the related ?

陳彥霆

937 posts

Posted by 陳彥霆 > 2018-01-11 11:01 | Report Abuse

why 41c done so many vol?

nicky

3,351 posts

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

oh no RM0.40

greenback

59 posts

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

down to 0.40 guys..

Fpng

102 posts

Posted by Fpng > 2018-01-11 11:07 | Report Abuse

oh no hope lo! die Liao

Fpng

102 posts

Posted by Fpng > 2018-01-11 11:07 | Report Abuse

see more than buy

陳彥霆

937 posts

Posted by 陳彥霆 > 2018-01-11 11:08 | Report Abuse

i think amanah raya is selling

陳彥霆

937 posts

Posted by 陳彥霆 > 2018-01-11 11:14 | Report Abuse

40.5c eaten all

whizzkid

1,336 posts

Posted by whizzkid > 2018-01-11 11:15 | Report Abuse

..wish I have more capital to collect all these cheap stocks...

matg

997 posts

Posted by matg > 2018-01-11 11:15 | Report Abuse

woww!! great support..

陳彥霆

937 posts

Posted by 陳彥霆 > 2018-01-11 11:17 | Report Abuse

can u tell me what is happening?

AhXing

132 posts

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

Thank you for those idiot so cheap hehe

emzekwhy

211 posts

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

time to collect more

whizzkid

1,336 posts

Posted by whizzkid > 2018-01-11 11:19 | Report Abuse

take this opportunity..buy .4 sell .42..then buy again...repeat the process....hahahaha

whizzkid

1,336 posts

Posted by whizzkid > 2018-01-11 11:20 | Report Abuse

keep some for the long term...hahahahha

dex

493 posts

Posted by dex > 2018-01-11 11:20 | Report Abuse

Wow power support

tsk123

145 posts

Posted by tsk123 > 2018-01-11 11:26 | Report Abuse

Dun worry laa..for long term player just hold..for contras no choice lor..just sell to big player lor..cleansing process..better than sapnrg what

dex

493 posts

Posted by dex > 2018-01-11 11:28 | Report Abuse

I queue at 0.40 cannot match

offshore

327 posts

Posted by offshore > 2018-01-11 11:29 | Report Abuse

Just ask yourself if the current oil price rally is sustainable or just a short term event. Please also check back on why the oil price fell at the first place since 2014 and if the cause of that fall is still here. Please also remember that you can only make money by guessing future event, not based on what the market already know. Reasons like improved financial result is needless to say as there will be interest savings after the right issue and market would have factored in this scenario already. Also remember the average cost of PNB is not the IPO price of RM2.80 after they exercise the right and warrant. I believe is less than RM1. This company is not cash rich. If they are, they won't need to do the RI. The name UMW is just a name. All the UMW old timers are no longer in this company. The word "oil and gas" is very wide. The exact word to describe this company is "offshore drilling". They also do pipe threading but that's less than 10% of their turnover.

greenback

59 posts

Posted by greenback > 2018-01-11 11:37 | Report Abuse

cant agree more with @i3lurker this counter is an interesting one.. kinda enjoy read all the reactions here :)

陳彥霆

937 posts

Posted by 陳彥霆 > 2018-01-11 11:37 | Report Abuse

so who is buying?

i3lurker support at 40 to 41 sen coz Amanah want to sell at this price...

In_G2K

11 posts

Posted by In_G2K > 2018-01-11 11:38 | Report Abuse

UMWOG probably will touch 0.38 which is just above the previous tested high before rebounding again.

dex

493 posts

Posted by dex > 2018-01-11 11:39 | Report Abuse

Hantu buy lorhhh

Victor Yen

138 posts

Posted by Victor Yen > 2018-01-11 11:42 | Report Abuse

0.38 ...possible and looking forward to it

陳彥霆

937 posts

Posted by 陳彥霆 > 2018-01-11 11:42 | Report Abuse

u tell me who is buying

Posted by leslieroycarter > 2018-01-11 11:42 | Report Abuse

http://klse.i3investor.com/blogs/changwt/143872.jsp
some credibility about the blog...i lend my support.

Victor Yen

138 posts

Posted by Victor Yen > 2018-01-11 11:45 | Report Abuse

陈。。。鲨鱼在巛。。。。。

matg

997 posts

Posted by matg > 2018-01-11 11:45 | Report Abuse

now they want to slaughter all the contra player

tsk123

145 posts

Posted by tsk123 > 2018-01-11 12:07 | Report Abuse

It supposed to recover today but market sentiment not good..very soon

Victor Yen

138 posts

Posted by Victor Yen > 2018-01-11 12:11 | Report Abuse

it suppose to recover today...what kind of statement is this....?

tsk123

145 posts

Posted by tsk123 > 2018-01-11 12:15 | Report Abuse

Hahaha

whizzkid

1,336 posts

Posted by whizzkid > 2018-01-11 12:26 | Report Abuse

rebounding...hahaha

whizzkid

1,336 posts

Posted by whizzkid > 2018-01-11 12:30 | Report Abuse

hope to badabing badabang after lunch

Chang Wt

325 posts

Posted by Chang Wt > 2018-01-11 12:42 | Report Abuse

[ UMWOG ] Mid Day Performance Report 11/1/2018
https://klse.i3investor.com/blogs/changwt/143952.jsp

yeoh1019

20 posts

Posted by yeoh1019 > 2018-01-11 12:49 | Report Abuse

Support. Hopefully rebound after lunch

Ken Ken

46 posts

Posted by Ken Ken > 2018-01-11 13:18 | Report Abuse

I think if no drop over 0.37-0.38...still got hope...haha

Ken Ken

46 posts

Posted by Ken Ken > 2018-01-11 13:21 | Report Abuse

Then slowly go back 0.45 n over...will another up trend...haha

edison5351

236 posts

Posted by edison5351 > 2018-01-11 13:35 | Report Abuse

aiyo when the real performance will come out ? hold until tired liao

Fpng

102 posts

Posted by Fpng > 2018-01-11 13:38 | Report Abuse

I sold with loss at 0.415. at least get back my capital for other counter!

Fpng

102 posts

Posted by Fpng > 2018-01-11 13:39 | Report Abuse

although I not contra player but no patient with keep down trend!

nklye

844 posts

Posted by nklye > 2018-01-11 13:47 | Report Abuse

I think the T+4 for those who bought at uptrend and high volume on 6/1/18 to end as soon forced-sales is executed as soon as market resume trading at 2.30 pm. Then hopefully buying-in of new portfolio to cone in...

moneykj

6,112 posts

Posted by moneykj > 2018-01-11 13:48 | Report Abuse

Uptrend still intact. Need some days to digest the huge volume.

edison5351

236 posts

Posted by edison5351 > 2018-01-11 14:03 | Report Abuse

looks like this better buy more on UMWOG WA, wa going up , mother remain

AhXing

132 posts

Posted by AhXing > 2018-01-11 14:15 | Report Abuse

Time to fly

ampabella

1,375 posts

Posted by ampabella > 2018-01-11 14:25 | Report Abuse

look like wan to die cannot die , wan to hidup cannot hidup, gantung saja

Posted by leslieroycarter > 2018-01-11 14:32 | Report Abuse

Sharks r buying n dumping , contra players already out during 10%drop. The drop now is 20%.The buyers r fr institutions n insiders , they were the ones dumping n buying . No way , small fries can have the financial capabilities to buy n sell in excess of 400+ millions per day.

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