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

0.21 - 0.22

Trading Volume

60,218,900


28 people like this.

24,133 comment(s). Last comment by hafizduhari 1 day ago

SHQuah

5,363 posts

Posted by SHQuah > 2018-01-19 14:26 | Report Abuse

https://www.theedgemarkets.com/article/umwog-down-49-following-research-house-downgrade

AmInvestment analyst Alex Goh said the counter was downgraded as its share price had rebounded above the research house's target price of 30 sen per share, based on a 40% discount to its diluted book value of 50 sen per share.

陳彥霆

937 posts

Posted by 陳彥霆 > 2018-01-19 14:29 | Report Abuse

this fellow

https://www.linkedin.com/in/alex-goh-690b8848/

Posted by leslieroycarter > 2018-01-19 14:38 | Report Abuse

Paid analyst to write good things ...when they had accumulated enough n had a good kill, they will start the downgraded report in order to buy back cheap...can we trust them?

edison5351

236 posts

Posted by edison5351 > 2018-01-19 14:59 | Report Abuse

this kind of jerk only write what the boss told, and the boss paying them well

pradeep

1,324 posts

Posted by pradeep > 2018-01-19 15:02 | Report Abuse

Thanks ozzie75 for the time being let me forget about this stock I do not want to take the risk.It looks like a lot of force selling may come.The author had given his reasons to downgrade.I am not very happy for simple reason at one time UMWOG had no contract now got contract still downgrade why did not write earlier and only now.? We already got hurt too late to escape.

Hustle

3,615 posts

Posted by Hustle > 2018-01-19 15:24 | Report Abuse

Agree with you pradeep we must trust the author, although he still very far from financial freedom but believe that he still can earn his living by writing

michaelwong

3,068 posts

Posted by michaelwong > 2018-01-19 15:50 | Report Abuse

Research houses mostly with vested interests and don't trust this hantu blood suckers. Do your own research and be a smart investor and don't follow orders from those con research houses

papaya

3,086 posts

Posted by papaya > 2018-01-19 16:20 | Report Abuse

more people que 35sen selling.....more happy bankers collecting.....kikikikih

papaya

3,086 posts

Posted by papaya > 2018-01-19 16:24 | Report Abuse

bankers selling 35sen.......ramai la ikan bilis ikut jual jugak.......then bankers member sapu whole 35sen.....ikan bilis nganga saja ........kikikikikih

Hustle

3,615 posts

Posted by Hustle > 2018-01-19 16:26 | Report Abuse

Now I'm q at 0.25 hope that the author willing to sacrifice his stack to prove his theory

papaya

3,086 posts

Posted by papaya > 2018-01-19 16:27 | Report Abuse

that's the story ikan bilis asyik kena tipu saja.......kikikikikikih......but the great thing is ....ikan bilis never bother asyik kena tipu.....always jump into same hole.......kikikikikih

papaya

3,086 posts

Posted by papaya > 2018-01-19 16:28 | Report Abuse

Hustle Now I'm q at 0.25 hope that the author willing to sacrifice his stack to prove his theory
19/01/2018 16:26

------------------------------------------------

the author sulah sapu 35sen.....kikikikikih.......

papaya

3,086 posts

Posted by papaya > 2018-01-19 16:31 | Report Abuse

now ikan bilis berebut beli 36 sen......kikikikih......always like mahal punya price....bcos can claim high class.....barang murah mana ada class......kikikikikih

papaya

3,086 posts

Posted by papaya > 2018-01-19 16:32 | Report Abuse

saya sulah manyak kali nasihat....jgn ikut bankers.....be ahead.....

Hustle

3,615 posts

Posted by Hustle > 2018-01-19 16:39 | Report Abuse

0.35 kira pariah punya analyst la. 0.30 panggil excellent, 0.25 baru far exceed ma lol

tsk123

145 posts

Posted by tsk123 > 2018-01-19 16:39 | Report Abuse

Why suddenly up

TheMiddle

789 posts

Posted by TheMiddle > 2018-01-19 16:42 | Report Abuse

sapu sapu by banker @@

Posted by Just_Read > 2018-01-19 16:43 | Report Abuse

Cakap byk pun x guna

YB Hock

43 posts

Posted by YB Hock > 2018-01-19 16:44 | Report Abuse

All fight before closing!

edison5351

236 posts

Posted by edison5351 > 2018-01-19 16:46 | Report Abuse

big shack whacking ady SHOW TIME

ratz

285 posts

Posted by ratz > 2018-01-19 16:49 | Report Abuse

rocket booster lifting off

ratz

285 posts

Posted by ratz > 2018-01-19 16:52 | Report Abuse

PNB can be very Ganas. Just looked at how they play Sime Property and Sime Darby. Cisss...

Effendy Tay

1,125 posts

Posted by Effendy Tay > 2018-01-19 17:00 | Report Abuse

Strong support with buying interest. Good collection for next week uptrend

edison5351

236 posts

Posted by edison5351 > 2018-01-19 17:02 | Report Abuse

thats why i said not to cut loss if not from paper loss to real profit loss. jz let it be there. slowly one day nobody knows it wil be back rm2-3. 1000% gain

papaya

3,086 posts

Posted by papaya > 2018-01-19 17:04 | Report Abuse

kikikikikikikih.........boleh senyum saja......

micky92

759 posts

Posted by micky92 > 2018-01-19 17:10 | Report Abuse

Now people cursing it is pariah stock keep their mouth shut..they will come back when price drop again...

Posted by verhansolution > 2018-01-19 17:13 | Report Abuse

Next Monday Umwog show time.. prepare your bullet before shooting up to 48cents.again.. good luck..

Posted by Just_Read > 2018-01-19 17:15 | Report Abuse

Too bad ppl don't want to listen

Chang Wt

325 posts

Posted by Chang Wt > 2018-01-19 17:23 | Report Abuse

[ UMWOG ] Beautiful Rebound Today - Bullish Harami formed. More Upside next week
https://klse.i3investor.com/blogs/changwt/144817.jsp

Posted by leslieroycarter > 2018-01-19 17:31 | Report Abuse

Testing 40c...

陳彥霆

937 posts

Posted by 陳彥霆 > 2018-01-19 17:34 | Report Abuse

I already bought back 34.5c as told earlier this morning

Posted by leslieroycarter > 2018-01-19 17:35 | Report Abuse

With all the good reports out , like undervalued counter , contract fir another 2yrs intact , bullish Haram indicator , possibly will test higher n higher ...where previously6 none .

Max2838

485 posts

Posted by Max2838 > 2018-01-19 17:35 | Report Abuse

Sometimes, I wonder whether the PNB Fund Mgrs have it all figured out?....
from Jan 8-11 they sold off 180M shrs at 46 sen to gain some 10 sen (46-36 sen) or RM 20M from the sale...from this they trigger a big sell-off to 36 sen and if they are holding 3.19B shrs, PNB would have reduced their capitalisation in UMWOG by RM 319M (3.19B shr x 10sen)....
... it's just like the slow cat biting its tail...

陳彥霆

937 posts

Posted by 陳彥霆 > 2018-01-19 17:52 | Report Abuse

go find this fellow : https://www.linkedin.com/in/alex-goh-690b8848/

In a note today, AmInvestment analyst Alex Goh said the counter was downgraded as its share price had rebounded above the research house's target price of 30 sen per share, based on a 40% discount to its diluted book value of 50 sen per share.

oily gassy

760 posts

Posted by oily gassy > 2018-01-19 18:10 | Report Abuse

This is how analyst play their dirty games. They will downgrade for retailers to sell and they will buy and later push the price up and sell to retailers

duke21

9 posts

Posted by duke21 > 2018-01-19 18:22 | Report Abuse

TA Securities has set a target price of 51 sen a share, indicating a potential upside of 67.2% from its closing price of 30.1 sen last Friday.

yoongcalyn

119 posts

Posted by yoongcalyn > 2018-01-19 18:24 | Report Abuse

@Chang Wt, after reading your sharing “ why we did not cut loss and instead accumulated more”, I have decided to hold on to my UMWOG and did not cut loss yesterday. Thanks for sharing ! Sometimes we really lost directions especially when there are a lot of negative comments.

yoongcalyn

119 posts

Posted by yoongcalyn > 2018-01-19 18:27 | Report Abuse

@ Agjl, thank you for your sincere sharing. It reflects our feelings too when market up and down.

wongchin

1,006 posts

Posted by wongchin > 2018-01-19 18:29 | Report Abuse

Last minute sold off 20 lot at 0.365.

Accord79

39 posts

Posted by Accord79 > 2018-01-19 19:17 | Report Abuse

Still holding until my tp 0.48.....

Posted by leslieroycarter > 2018-01-19 19:51 | Report Abuse

Can we trust TA securities ? How many of their analysts reports were proven accurate compared with the others analysts . Practically all their reports were way out in the eyes of investors. Now there are many analysts said the stock is undervalued , much higher than 30c but instead more than double ? The co had secured more contracts given that the price of crude has risen to usd70 . More contracts means more work for the company n co machineries are utilized fully. Chart indicator also shown fully harami chart progressing to greater height instead of the reverse. Now truely we should refer to TA or others who has proven more reliable ? We shall see come Monday fir the reality ....

ampabella

1,375 posts

Posted by ampabella > 2018-01-19 20:27 | Report Abuse

Today no more bombard or tiu leow, all calm down bcos of 2 cts up, all diam diam laughing till mulut cannot tutup

Posted by PanjiAlam55 > 2018-01-19 20:50 | Report Abuse

guys do u all think, this stock will up and fly higher next Monday or week? just currious to know...tq

Rowie

471 posts

Posted by Rowie > 2018-01-19 20:56 | Report Abuse

TA, Am, AF, Cimb or apanama ..........they all can tell stories with their own vested interest or agenda to benefit their insiders. What's relevant here is business, contracts, crude oil price, economic environment etc. if Umwog can secure profitable business that's the most relevant issue. Not the crap said by those young chiku analysts who have no business know how. Another important issue is strong shareholders who can support it during lean times or give an edge on contracts. Yes they have every right to dispose some shares but as someone rightly wrote......they lose more as their holdings value dropped substantially due to their actions. No no winner here

ampabella

1,375 posts

Posted by ampabella > 2018-01-19 21:32 | Report Abuse

Next week testing 38cts, if can tahan good lah

Posted by Mohd Fahmi Bin Jaes > 2018-01-19 21:40 | Report Abuse

19-Jan-2018 Insider AMANAHRAYA TRUSTEES BERHAD - AMANAH SAHAM BUMIPUTERA (a substantial shareholder) disposed 9,500,000 shares on 17-Jan-2018.

offshore

327 posts

Posted by offshore > 2018-01-19 21:44 | Report Abuse

Yes, don't trust analysts. Most of them rely on information or projection from the management. Most of the time, what they are getting are half-truths. Their analysis will never be accurate. The best joke they ever came out with was way back in 2014 when the oil price collapsed, they thought this company was so cash-rich that it would go on an acquisition spree for beaten down oil and gas companies.

offshore

327 posts

Posted by offshore > 2018-01-19 22:34 | Report Abuse

And also don't trust certain people here that post comments and delete them after that.

zayady

524 posts

Posted by zayady > 2018-01-19 22:43 | Report Abuse

I love to read peoples analysts but non of them I would trust 100% sometimes they also big shark....I hv kena once, I never trust them forever....

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