VELESTO ENERGY BERHAD

KLSE (MYR): VELESTO (5243)

You're accessing 15 mins delay data. Turn on live stream now to enjoy real-time data!

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

fl888

7,643 posts

Posted by fl888 > 2018-01-22 18:52 | Report Abuse

why Amanah trustees throwing ? Distribution to cronies,,,,,,,,,

Posted by smileuponus > 2018-01-22 19:33 | Report Abuse

hold ? sell ?

conqueror

10 posts

Posted by conqueror > 2018-01-22 19:40 | Report Abuse

With good prospect of O&G industry, some analysts undervalued UMWOG, put target price 0.30 SELL can you believe it? Something fishy here... Better trust your own study and instinct what happening

Meng Fatt Lee

5,194 posts

Posted by Meng Fatt Lee > 2018-01-22 19:47 | Report Abuse

First of all, need to know why amanah is selling

victor9999

521 posts

Posted by victor9999 > 2018-01-22 19:52 | Report Abuse

me

Calvin882

1,562 posts

Posted by Calvin882 > 2018-01-22 19:53 | Report Abuse

Then why Amanah is selling?

stopbombing

1,440 posts

Posted by stopbombing > 2018-01-22 19:55 | Report Abuse

you guys ok or not? i think you all sick already. last time when price at 0.43 say "somebody collect at0.4", then the price drop to 0.4 "again somebody collct at 0.38". now say somebody collect at 0.35. tomorrow say someone collect at 0.3

you guys ok or not?

stopbombing

1,440 posts

Posted by stopbombing > 2018-01-22 19:55 | Report Abuse

this company has no value at all, they just created for washing black money.

cybergreen

2,186 posts

Posted by cybergreen > 2018-01-22 19:56 | Report Abuse

ok queue buy at 33c and 30c Tmr

Meng Fatt Lee

5,194 posts

Posted by Meng Fatt Lee > 2018-01-22 19:59 | Report Abuse

Amanah sell despite got contract from petronas , meaning disposal of shares does not related to its business and operation

Calvin882

1,562 posts

Posted by Calvin882 > 2018-01-22 20:02 | Report Abuse

Ok, this make sense

Posted by Geledang Ampang > 2018-01-22 20:04 | Report Abuse

This is dogshit counter...

Posted by themagicianmerlin > 2018-01-22 20:46 | Report Abuse

Forget about UMWOG. It is over. Now, it's time switch to this stock... Upside is more than 5-fold and I bet this stock will resume its rally tomorrow!

https://klse.i3investor.com/blogs/themagicofmerlin/145078.jsp

ampabella

1,375 posts

Posted by ampabella > 2018-01-22 20:47 | Report Abuse

Anybody bought Ucrest, can laugh till mulut cannot tutup, huat till like big buffalo

Posted by battosai123 > 2018-01-22 20:48 | Report Abuse

Amanah selling now with profit...the share is from dividend UMW distribution and right issue at 30 cents.. is free money . They already sold about 5% from 49% to 44%. They may continue selling towards their previous holdings of 31% (before rights exercise) as long as UMWOG price above 30 cents. They will get back the investment used for subscription and with profit..thats why they keep selling.

Posted by battosai123 > 2018-01-22 20:58 | Report Abuse

Amanah have the opportunity to reduce holding in a risky loss making company with profit...who not selling in this situation.. and for info that we dont know EPF 3% and KWAP 2% after dilution may also been selling...no annoucement needed from them too.

Victor Yen

138 posts

Posted by Victor Yen > 2018-01-22 22:18 | Report Abuse

Just get out of this bloody stock lag..

cybergreen

2,186 posts

Posted by cybergreen > 2018-01-22 23:41 | Report Abuse

already queue sell 36c and 37c for tmr.

edmin89

62 posts

Posted by edmin89 > 2018-01-23 00:04 | Report Abuse

all get out ba. I aim to collect 0.29

Ibr N Chk

32 posts

Posted by Ibr N Chk > 2018-01-23 00:07 | Report Abuse

time to enter

wongchin

1,006 posts

Posted by wongchin > 2018-01-23 00:16 | Report Abuse

If price can hoover 0.34 to 0.36 in a few days than i enter again. If nt js wait next week to buy in

offshore

327 posts

Posted by offshore > 2018-01-23 00:36 | Report Abuse

Under current industry condition, don't ever assume that contracts will be profitable. Some contracts are probably intended to allow them to be cash flow positive but not necessarily profitable. Furthermore, workover activities do not contribute a lot to their turnover. As a hint, take note that the value of all their HWUs combined is not even equivalent to one Naga. With such low value asset, the revenue contribution is not significant, assuming that petronas really call them out for work.


Meng Fatt Lee Amanah sell despite got contract from petronas , meaning disposal of shares does not related to its business and operation

ankahill

1,046 posts

Posted by ankahill > 2018-01-23 06:45 | Report Abuse

RUNNNNNNNNNN!!!????? UP!? UP!? UP!?????

Effendy Tay

1,125 posts

Posted by Effendy Tay > 2018-01-23 07:16 | Report Abuse

Crude oil and dow Jones up and bullish, will oil and gas follow up, Sumatec and umwog hopefully join the wagon

Posted by ShinChan46 > 2018-01-23 08:41 | Report Abuse

Perisai lagi sedap,fap3...

gammaport

12 posts

Posted by gammaport > 2018-01-23 09:37 | Report Abuse

It's always quiet before the storm.....

fl888

7,643 posts

Posted by fl888 > 2018-01-23 09:52 | Report Abuse

must another mega JV deal announcing soon....

Fegustyle

21 posts

Posted by Fegustyle > 2018-01-23 10:02 | Report Abuse

UMWOG work upward today

Max2838

485 posts

Posted by Max2838 > 2018-01-23 10:30 | Report Abuse

Blackrock started buy in 4Jan 2018...
BlackRock Fund Advisors
AS OF 04 JAN 2018
6.57m 0.09%
BlackRock Advisors (UK) Ltd.
AS OF 04 JAN 2018
5.59m 0.08%

fl888

7,643 posts

Posted by fl888 > 2018-01-23 10:37 | Report Abuse

Amanah and Blackrock have acted in concert,so what will happen,,,

cybergreen

2,186 posts

Posted by cybergreen > 2018-01-23 10:40 | Report Abuse

queue sell 36c matched. Good luck to all, bleeding cut loss.

joswalker

33 posts

Posted by joswalker > 2018-01-23 10:50 | Report Abuse

Pumped and dumped. LOL

陳彥霆

937 posts

Posted by 陳彥霆 > 2018-01-23 11:07 | Report Abuse

warning to amanahraya, dont so pariah everyday throw. never Sembahyang on Friday is it?

joswalker

33 posts

Posted by joswalker > 2018-01-23 11:08 | Report Abuse

mahu pakai duit bah, don't care untung tak untung, throw dapat duit lari. LOL

ozzie75

8,772 posts

Posted by ozzie75 > 2018-01-23 11:13 | Report Abuse

@offshore: indeed. More often than not, people just look at the immediate and seemingly good award of contract without considering if it is a profit/loss ahead and to what extent the contract relate to the major contributor to any given company's profit making business. Thanks for sharing.

offshore Under current industry condition, don't ever assume that contracts will be profitable. Some contracts are probably intended to allow them to be cash flow positive but not necessarily profitable. Furthermore, workover activities do not contribute a lot to their turnover. As a hint, take note that the value of all their HWUs combined is not even equivalent to one Naga. With such low value asset, the revenue contribution is not significant, assuming that petronas really call them out for work.


Meng Fatt Lee Amanah sell despite got contract from petronas , meaning disposal of shares does not related to its business and operation
23/01/2018 00:36

kuaTAKtahu

1,455 posts

Posted by kuaTAKtahu > 2018-01-23 11:16 | Report Abuse

.

time to re-visit. .


.

kuaTAKtahu

1,455 posts

Posted by kuaTAKtahu > 2018-01-23 11:16 | Report Abuse

Where can check this , Max?


Max2838 Blackrock started buy in 4Jan 2018...
BlackRock Fund Advisors
AS OF 04 JAN 2018
6.57m 0.09%
BlackRock Advisors (UK) Ltd.
AS OF 04 JAN 2018
5.59m 0.08%
23/01/2018 10:30

陳彥霆

937 posts

Posted by 陳彥霆 > 2018-01-23 11:25 | Report Abuse

buy in which stock?

kuaTAKtahu Where can check this , Max?


Max2838 Blackrock started buy in 4Jan 2018...
BlackRock Fund Advisors
AS OF 04 JAN 2018
6.57m 0.09%
BlackRock Advisors (UK) Ltd.
AS OF 04 JAN 2018
5.59m 0.08%
23/01/2018 10:30

陳彥霆

937 posts

Posted by 陳彥霆 > 2018-01-23 11:32 | Report Abuse

found

https://markets.ft.com/data/equities/tearsheet/profile?s=UMWOG:KLS

BlackRock Fund Advisors
AS OF 04 JAN 2018
6.57m 0.09%

BlackRock Advisors (UK) Ltd.
AS OF 04 JAN 2018
5.59m 0.08%

陳彥霆

937 posts

Posted by 陳彥霆 > 2018-01-23 11:41 | Report Abuse

stampede means up or down

687423

627 posts

Posted by 687423 > 2018-01-23 11:46 | Report Abuse

Stampede is mad bull run in English.......up

陳彥霆

937 posts

Posted by 陳彥霆 > 2018-01-23 11:47 | Report Abuse

if amanah keeps disposing , how to go up my dear

陳彥霆

937 posts

Posted by 陳彥霆 > 2018-01-23 11:49 | Report Abuse

if want up, need to stempede on AMANAH.

Lewis Lee

1,660 posts

Posted by Lewis Lee > 2018-01-23 11:52 | Report Abuse

Amanah still have 3.082 billions (44%) shares to throw and create a Tsunami !! haha

Posted by smileuponus > 2018-01-23 11:52 | Report Abuse

you diam seven la. seven head! keep on talk shit about umwog, investor saw also run la. seven head

ankahill

1,046 posts

Posted by ankahill > 2018-01-23 11:53 | Report Abuse

Bulls legs are weak... too many rainy days.... :C

joswalker

33 posts

Posted by joswalker > 2018-01-23 11:55 | Report Abuse

gempa bumi, shaking away investors. LOL

cybergreen

2,186 posts

Posted by cybergreen > 2018-01-23 11:57 | Report Abuse

thnaks god sell matched at 35.5c. good luck guys.

Lewis Lee

1,660 posts

Posted by Lewis Lee > 2018-01-23 11:59 | Report Abuse

No need to worry too much about this stupid Amanah !
I remember few months ago, they throw tons of Hengyuan at price of RM8 - 10 ++ , after that Hengyuan shoot up to 18-19 !
Their fund manager or investment manager shall be sacked as they keep screwing up in their investment decisions ! haha

wudmec

254 posts

Posted by wudmec > 2018-01-23 12:02 | Report Abuse

its good time to average down? or wait at 0.34?

Post a Comment
Market Buzz